UPDATE 1-UK Stocks-Factors to watch on April 14

Kitco Media
By Reuters
Published:
Updated:
Reuters
(Adds news items, updates futures) April 14 (Reuters) - Britain's FTSE 100 index is seen opening higher on Friday with futures up 0.18%.


* YOUGOV: Meta Platforms executive Steve Hatch was named chief executiveof British online market research company YouGov , succeeding Stephan Shakespeare who becomes chair.
* SUPERDRY: Struggling British fashion brand Superdry said a potential equity raise of up to 20% backed by founder and CEO Julian Dunkerton was among funding options being considered.
* HAYS: British recruitment firm Hays said client and candidate activity remained solid in its temporary and contracting segment as corporates navigated broader economic uncertainties and rethought their permanent hiring plans.
* AO WORLD: AO World Plc forecast its annual profit to be around top end of its estimates, as the British online electricals retailer's cost-cutting measures pushed up its margins.
* NON-STANDARD FINANCE: British bank Non-Standard Finance said it has agreed provisional terms with its lenders to convert 71 million pounds ($89.01 million) of secured debt into equity as part of a recapitalisation that would likely wipe out existing shareholders.


* 888: British bookmaker 888 forecast higher adjusted core profit for 2023 as it cuts costs and focuses on core and growth markets, but reiterated revenue could be lower than 2022 by a "low to mid single digit percentage."
* DR MARTENS: British bootmaker Dr Martens lowered its annual profit forecast, citing higher costs at its Los Angeles operations and softer wholesale revenue in the final quarter.
* OIL: Oil prices rose on worries over tightening supply, with the market looking ahead to the International Energy Agency's (IEA) monthly report later in the day to clarify the global demand outlook.



* For more on the factors affecting European stocks, please click on: TODAY'S UK PAPERS > Financial Times > Other business headlines ($1 = 0.7977 pounds) (Reporting by Muhammed Husain in Bengaluru)

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