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Somerfield said on Thursday it had received a conditional bid of 120 pence per share but said it undervalued the firm.

Boots:said its annual profits have slumped as it struggles to find the right balance between profit margins and sales in its core business. Its year profits before exceptionals fell 13 percent to 555.4 million pounds, in line with forecasts, after the disposal of Halfords

SSL: International the maker of Durex condoms, said on Thursday it rebounded to profit last year as it moved to focus on consumer healthcare.Profits were 39.1 million pounds after a 2.9 million pounds loss a year earlier.

Johnson Matthey: reported annual profits rose 3% at the top end of forecasts, and said market conditions would remain challenging in the current year. The world's largest distributor of platinum and related metals, which also produces catalysts to cut vehicle exhausts, said profits for the year rose to 192.5 million

Kelda, the owner of Yorkshire Water, unveiled pretax profit before exceptional items of 175.2 million pounds up from 162.7 million a year ago and beating analysts' forecasts and raised its dividend 2.2 percent to 26.05 pence.

Tate & Lyle reported an 18% rise in annual profit and said growth this year would depend on improving efficiency, cost cutting and boosting sales of branded products. They posted pre-tax profit of 228 million compared to analysts forecasts of 205-216 million pounds.

Calendar All GMT	United Kingdom (F)inals (I)nterim	United States (Click Flag)	Europe & World
Thu 5th	Boots (F) 545m exp. Johnson Matthey (F) 190m exp. Kelda (F) 155m exp. Tate & Lyle (F) 166m exp. Helical BAR (F), PHS Group (F), Signet Group (Q1), SSL International (F) 00.01 BRC Shop Price Index 12.00 BOE Rate Announcement	13.30 Initial Claims (w/e 31/5) 419k expa 15.00 Apr Factory Orders 0.9% exp.	11.00 Q1 Preliminary GDP q/q 0.0% exp. 11.00 German Apr Factory Orders m/m 0.5% exp. 12.45 ECB Rate Announcement
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