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FTSE 100 Declines Amid AI Worries; Convatec Soars 7%

2/24/2026

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Story summary
  • FTSE 100 fell on February 24, 2026, as AI concerns weighed on US stocks.
  • Convatec shares rose 7% after strong full-year results, with revenue up 6.5% to $2.4 billion and adjusted operating profit up 12.1% to $544 million.
  • CEO Jonny Mason noted organic growth and said the medium-term revenue targets were raised to 6-8%.
  • Convatec raised its dividend by 13%.