5:00 PM London – Greggs Plc, the bakery retailer first half sales increased 2.9% and net gained 14%. InterContinental Hotels revenues increased 9.3%. Mondi Plc swung to net profit was €109 million. TUI Travel plc said underlying quarterly profit increased 1%.

Greggs plc edged lower 3.28% to 419.30 pence after the bakery retailer reported revenue for the 26 weeks ended July 3 edged higher 2.9% to £321.33 million versus £312.36 million in the previous year. Net profit increased 14% to £13.00 million or 12.7 pence per share from £11.40 million or 11.3 pence per share a year earlier. The board has declared an increased interim dividend of 5.5 pence per share.

InterContinental Hotels Group Plc plunged 5.76% to $17.03 after the international hotel business said second-quarter revenue grew 9.3% to $410 million from $375 million in the comparable period. Net profit in the quarter was $87 million or 29.3 cents as against a loss of $56 million or 19.2 cents a year ago.

Pre-tax profit for the quarter was $126 million, compared to a loss of $82 million last year and revenue per available room or RevPAR increased 7.4%.

International Power plc dropped 2.34% to 371.10 pence after the power generation company stated revenue for the first half declined 15.6% to £1.62 billion from £1.92 billion in the comparable period. Net profit slumped 49.5% to £199 million from £394 million in the prior-year period.

Interserve plc rose 0.48% to 210.00 pence after the support services and construction company reported revenues for the first half decreased 0.7%% to £944.5 million from £951.2 million a year before. Pre-tax profit for the first-half plummeted 31.75% to £27.3 million from £40 million in the comparable period a year ago.

Mondi Plc declined 2.31% to 468.60 pence after the international paper and packaging company announced first half-group revenue gained 16.1% to €3.03 billion compared to €2.61 billion in the prior year. Net profit for the period was €109 million or 21.2 euro cents compared to a loss of €36 million or 7.1 euro cents per share a year ago.

Trikona Trinity Capital Plc dipped 0.27% to 67.32 pence after the closed-end investment company reported fiscal 2010 pre-tax profit of £24.57 million versus a loss of £61.44 million last year. Earnings per share for the full year were 11.2 pence, as against a loss of 23.6 pence in the comparable period. Net investment income for the year was £45.20 million compared with a loss of £73.81 million in the comparable period.

TUI Travel PLC plummeted 9.75 % to 203.60 pence after the international leisure travel group reported third quarter revenue declined 4% to £3.42 billion from £3.57 billion in the prior year period. The company further stated its pro forma underlying operating profit increased 1% to £103 million from £102 million a year earlier.

The company estimated the total impact of the volcanic ash disruption, including the impact of further airspace closures in May to be £105 million.