3 FTSE stocks to avoid at the moment, EVRAZ, Just Group and Shell

Stock News

EVRAZ plc (LON:EVR): Late in yesterday’s trading session the Russian steelmaker Evraz Plc cancelled an interim dividend payment of $0.50, citing uncertainties related to Russia’s invasion of Ukraine – watch for a follow through in today’s session

JUST GROUP (LON:JUST) – FY, op prof £210m, significantly behind market estimates. JUST have posted a pre-tax loss of £21.4m, driven by the rise in interest rates. Cash generation remains strong, and is expected to double by 2022. Solvency II ratio of 164% and dividend of 1p reinstated.

SHELL plc (LON:SHEL): Shell has issued a force majeure at its 300,000 barrel per day Scotford, Alberta, upgrader in western Canada after a unit at the facility tripped, a company spokesman said on Wednesday.

Commentary is provided by Guardian Stockbrokers

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    Shell Plc's Huibert Vigeveno will step down in March 2025 after 30 years, with Andrew Smith and Machteld de Haan slated to join the Executive Committee.
    Just Group plc reports robust 2024 growth, achieving record sales and transactions in Defined Benefit and Retail markets, setting strong future prospects.
    Shell plc announces a Q3 2024 interim dividend of $0.344 per share, with options for currency election, scheduled for payment on December 19, 2024.
    Shell plc (LON:SHEL) announces an interim dividend of US$ 0.344 per ordinary share for Q2 2024, with shareholders given options for currency receipt.

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