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Segro delivers 'strong operating performance' in FY25, Anglo American reports slight rise in FY earnings
By Iain Gilbert
Date: Friday 20 Feb 2026
(Sharecast News) - LONDON PRE-OPEN
The FTSE 100 was expected to open 34.0 points higher ahead of the bell on Friday, after wrapping up the previous session 0.55% lower at 10,627.04.
STOCKS TO WATCH
Property developer Segro said on Friday that it delivered a "strong operating performance" in 2025, securing a record £99m of new contracted rent and posting 6% like‑for‑like growth in net rental income. Adjusted earnings and dividends per share both rose 6.1% year‑on‑year to 36.6p and 31.1p, respectively, as momentum grew across occupier markets, with enquiry levels improving and active negotiations underway for further pre‑let deals. Adjusted pre-tax profits increased by 8.3% to £509m.
Anglo American reported a slight rise in annual earnings as higher copper prices offset a 10% decline in production of the metal due to lower grades and plant maintenance while continuing tough conditions at its De Beers diamond unit also weighed on earnings. Underlying core earnings rose 2% to $6.4bn, but its final dividend was slashed by 27% to $0.16 per share, for a total of $0.23 a share, down 64%. Anglo also wrote down the value of its De Beers diamond business by $2.3bn, the third time in three years.
NEWSPAPER ROUND-UP
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US CLOSE
Major indices closed lower on Thursday after the Bureau of Economic Analysis revealed the US had recorded its third biggest trade deficit on record in 2025.
At the close, the Dow Jones Industrial Average was down 0.54% at 49,395.16, while the S&P 500 shed 0.28% to 6,861.90 and the Nasdaq Composite saw out the session 0.31% weaker at 22,682.73.
Reporting by Iain Gilbert at Sharecast.com
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