Jimmy Choo going for global luxury leadership
Jimmy Choo CHOO With profit before tax for the half year to 30th June rising by 174.2% to £18.1m, Jimmy Choo is delighted with itself both for its performance and for the excellent strategic progress made by its management. Revenue growth was ahead of the market at 16.5%, or 4.5% on a constant currency basis. […]
Quoted Micro 28 August 2017
NEX EXCHANGE Good Energy (GOOD) and Ecotricity have come to an agreement that means the latter has withdrawn its requisition of a general meeting. No details were released about the reasons behind the withdrawal. Cadence Minerals (KDNC) is in talks to sell part of its 16.1% stake in AIM-quoted Bacanora Minerals (BCN) to a strategic […]
WPP Now Failing To Meet Budget and Forecasts
WPP plc WPP has not enjoyed a good first half to the year and what on the face of it appear to be very healthy growth in profits ,are distorted by comparison with the first half of 2016 when there were exceptional net costs of 122m. On a constant currency and like for like basis […]
Sylvania Platinum On A Roll
Sylvania Platinum SLP The year to the 30th June saw basic earnings per share rise by 139 % whilst profit after tax surged from $3.73m to $8.87m. Group EBITDA was up by 65% and group revenue rose by 28%. The equation was further helped by a fall of 12% in general and administrative costs. Sylvania […]
Quoted Micro 21 August 2017
NEX EXCHANGE Good Energy (GOOD) has set the date for general meeting requisitioned by rival renewable electricity supplier Ecotricity, which wants Dale Vince and Simon Crowfoot to join the board. The general meeting will be held on 6 September. Good Energy still believes it would be unwise to have the representatives of its rival on […]
Balfour Beatty transforming itself
Balfour Beatty BBY is increasing its interim dividend by 33% to 1.2p per share after underlying operating profit for the six months to the 30th June more than tripled from £11m to £39m, as the transformation of the company continues. Underlying revenue rose by 8% at constant exchange rates, profitability is rising and orders from […]
Quoted Micro 14 August 2017
NEX EXCHANGE Brewer Adnams (ADB) continues to grow its beer volumes and Ghost Ship is behind much of that growth. Interim revenues improved from £31.2m to £33.2m, while there was a swing from a pre-tax profit of £1.86m to a £284,000 loss. There is a one-off cost of £721,000 mainly due to a write down […]
Legal & General Impressed By Its Excellent Management.
Legal & General LGEN heaps praise upon itself for its resilient and consistently improving financial performance, as it raises its interim dividend from 4p per share to 4.3p per share. The figures are certainly impressive with half year profit before tax and earnings per share each up by 41% and it is all due to […]
Bellway On Crest Of A Wave – But Is That A Safe Place To Be
Bellway BWY is riding on the crest of a wave, with favorable market conditions, the continued availability of cost effective mortgage finance and of the voters friend, Help to Buy. Revenue for the year to the 31st July is expected to have risen by 13%, volume growth in completions by 10% and at the end […]
Plus 500 Record Breaking Results And More To Come
Plus 500 PLUS produced a strong performance with record breaking results significantly ahead of expectations, in the six months to the 30th June. Net profit rose by 104%, EBITDA by by 100% and earnings per share by 103%. Revenue rose by 19%. Including the share buy back programme returns to shareholders more than doubled, rising […]