Updates from easyJet and William Hill

More pressure on the FTSE 100 on Wednesday, down 22 points to 6,437. Kingfisher was the biggest loser, down -3.23% to 376.90p. National Grid, going in the other direction, pulled up a modest +1.64% to 743p.

President Obama has warned on US default fears with the Dow Jones yesterday sinking -0.39% to 15,133.

We commence with an update from easyJet and a full year expected profits hike to as much as £480m. Revenue per seat at constant currency for the three months to 30 September 2013 is expected to grow by +6% driven by strong demand in July and August.

Despite the political unrest in Egypt, says the company, and the £25 million adverse impact in the second half of the year from the movement of Easter which fell on 31 March 2013, a week earlier than in 2012, revenue per seat at constant currency for the six months to 30 September 2013 is expected to also be up +6%.

"The Board's expectation," said the company in a statement this morning, "is for a pre-tax profit for the twelve months ended 30 September 2013 of between £470 million and £480 million compared with the previous guidance of £450 million to £480 million."

Next, bookie William Hill and interim numbers for the 13 weeks up to 1 October. Overall quarterly performance was impacted by quiet July trading in Retail. Group operating profit was down 31% in the period and remains down 4% year-to-date.

Strong growth, claims Hill, though continues in Sportsbook amounts wagered, up +42%, with football Sportsbook wagering up +49% and mobile wagering on Sportsbook up +115%. Mobile gaming net revenue is up +126%, with mobile accounting for 18% of gaming net revenue.

"During this quarter," says boss Ralph Topping, "results were not as favourable as in the comparable period, with outcomes - particularly in football - going the punters' way. Consequently, gross win margins are below the prior year in both major channels, and below normalised expectations in Sportsbook."

Lastly, interim numbers from Ted Baker for the 28 weeks up to 10 August. Group revenue rises +30.9% to £155.2m while pre-tax profits climb +49.7% to £11.6m from £7.8m. Basic earnings per share are up +45.3% to 20.2p while the interim dividend climbs +20.3% to 9.5p.

Retail sales including e-commerce climb +30.2% on a 12.4% increase in average square footage. UK and European retail sales are up +22.6% to £91.6m and US and Canada retail sales climb +56.8% to £25.4m.

"Our results for the full year will, as always, be dependent on the important second half trading period," says chief exec Ray Kelvin. "However, early trading has been positive across the business and we remain focussed on managing the pace of our growth and development of Ted Baker as a global brand."