Andrew Hore Quoted Micro 1 April 2019

NEX EXCHANGE Brewer Adnams (ADB) increased its revenues last year, but it reported a loss. Beer volumes grew by 2.2% and revenues were 6% ahead at £78.9m. The loss of £877,000 was after £1.77m of pension and property impairment costs. The final dividend is unchanged at 150p per B share. Adnams is optimistic about the […]

Community power at work – LocoSoco Thought Leader

LocoSoco are focused on helping communities realise their potential and guide them to a more sustainable future by turning assets into social enterprises. So it was this writers delight to discover this shining example of community power in a tiny Cambridgeshire village. Changing social habits and rising taxation on our leisure activities has meant that pubs […]

Ian Pollard – Sports Direct #SPD splashing the cash

Sports Direct Intl. plc SPD has confirmed  that it is considering making a firm offer to Debenhams of 5p in cash per ordinary share valuing Debenhams current issued share capital at approximately £61.4 million. This would represent a premium of approximately 127 % to the closing price of Debenhams shares on 26 March. Imperial Brands plc […]

Ian Pollard – United Utilities #UU Ignores Dry Weather Costs

United Utilities Grp UU updates before its full years results are announced on the 23rd May that Group revenue is expected to be higher than last year, largely reflecting allowed regulatory revenue changes. and underlying operating profit for 2018/19 is also expected to be higher than 2017/18. Costs arising from the exceptional period of dry […]

Ian Pollard – Bronhill To Pay Maiden Dividend

Bronhill Group BONH saw revenue rise to £8m compared to £2.6m for the year to the end of March 2018. Adjusted EBITDA increased to  £0.9m from a loss of £0.4m and net assets jumped from £2m to £22.9m for the nine months to the 31st December. Arrangements are also under way for a maiden dividend […]

Andrew Hore – Quoted Micro 25 March 2019

NEX EXCHANGE Good Energy (GOOD) increased full year revenues from continuing operations from £104.5m to £116.9m, helped by last winter’s cold weather and a price increase, and pre-tax profit recovered from £700,000 to £1.7m. The renewable electricity supplier and generator has increased its dividend from 3.3p a share to 3.5p a share. Net debt was […]

Next Online Surges

Next plc NXT  appears to find it amazing that  profits for the year to January 2019 are exactly in line with the guidance which the company gave in er… January 2019. There would have been something strange, most people would have thought, had they been different. As with most  senior executives they must also claim […]

Ian Pollard – Kingfisher #KGF Not So Chirpy

Kingfisher plc KGF claims that its engine has now been largely rebuilt and it is confident in delivering significant financial benefits but only over time. And looking at results for the year to the 31st January, that time sees nowhere near having arrived. Growth in sales, margin and returns is being targeted but only over […]