Spire by St Brides

Ian Pollard: Dixons Abandons Smartphone Sales in Greek Stores

Dixons Carphone plc DC Greece had become the jewel in Dixons international empire with like for like sales up 9% but it looks like that will not last for long unless Dixons management can start getting its act together. Smart phones is its problem. At one of its biggest Kotsovoulos stores in Athens it has […]

Andrew Hore Quoted Micro 24 September 2018

NEX EXCHANGE        In the first half of 2018, Newbury Racecourse (NYR) increased media revenues by one-fifth and, along with growth in nursery and lodge revenues, this helped the racecourse operator to raise revenues by 5% to £7.33m even though two race days were lost to bad weather. Enough cash was generated to […]

Ian Pollard – Forex volatility impacts Diageo #DGE

Diageo plc DGE updates prior to its AGM that the year has started well but increased foreign exchange volatility in emerging markets will have a £175m impact on sales and a £45m.impact on operating profit for the fiscal year. Stobart Group plc STOB  has issued a pre close trading statement for the six months to […]

Ian Pollard – Kingfisher’s #KGF double digit dive

Kingfisher KGF Despite double digit declines in virtually everything for the half year to the 31st July, Kingfisher tries to put a brave face on things and claim that for the third year in a row, it is on track to deliver strategic milestones. That can only be true if it had some very peculiar […]

Ian Pollard – Ocado #OCDO lifted by new Warehouse facility

Ocado Group plc OCDO produced revenue growth of 11.5% in the quarter to the 2nd September plus double digit growth of 11.4% in the average number of weekly orders.The average size of the orders remained constant at 106. The unique proprietary technology at the new warehouse at Erith enabled Ocado to process over 20,000 customer […]

Ian Pollard: Dairy Crest Slightly Ahead At Half Time

Dairy Crest Group DCG expects profit for the half year to the 30th September to be slightly ahead of  last year, with revenue driven by strong performances from its two largest brands, Cathedral City and Clover. Cathedral City continues to go from strength to strength reports the company and several new products will be released […]

Andrew Hore: Quoted Micro 17 September 2018

NEX EXCHANGE         Renewable energy supplier Good Energy (GOOD) reported a 19% increase in interim revenues to £61.8m. Pre-tax profit has more than trebled to £2.4m, if discontinued activities, including the investment in the proposed Swansea Bay Tidal Lagoon, are excluded. The interim dividend is unchanged at 1p a share. A brand relaunch is planned […]