Ian Pollard – Polypipe #POLY Breaks More Records

Polypipe Group plc PLP  delighted to report another record performance and claims significant strategic progress for 2018 together with a continued focus on organic growth ahead of the market. Revenue rose by 5.2%, profit before tax by 4.7% and underlying basic earnings per share by 4.4% The dividend is to be increased by 4.5% and […]

Ian Pollard: ASOS Badly Impacted With Online Growth Weakest For Years

ASOS ASC experienced a significant deterioration in “the important trading month of November” and conditions remain challenging. As a result, it has had to reduce expectations for the current financial year. Total retail sales for the 3 months to the end of November rose by 12%, the UK leading the way with a 19% rise […]

Ian Pollard: Dart Group To Substantially Exceed Expectations In 2019

Dart Group plc DTG is proposing to increase its final dividend by 54 % after strong passenger growth for both Jet2.com and Jet2holidays saw revenue for the year to the 30th June increase by 38%. Profit before tax rose by 49% and basic earnings per share by 44%. Demand  has strengthened even more since the […]

Corporate news review Tuesday 17th October 2017

ASOS ASC says FY retail sales grew strongly at +34% on a reported basis and +27% on a constant currency basis. Customer engagement remains strong with active customers6 +24%, average basket value +2% and average order frequency +5%. CEO Nick Beighton said the new financial year “shows continuing momentum in the business” and the potential […]

Brexit Fears Grow Over Freedom To Fly

Dart Group DTG is aware of the uncertainty surrounding Brexit negotiations and the effect which the outcome of these could have, especially on the extent of its “freedom to fly”. For the year to 31st March revenue rose by 23% and the proposed final dividend is to be increased by 26%. Profit before tax for […]

Koovs Continues To Rocket

Koovs plc KOOV continues to see sales rocket with a rise of 87% in the year to 31st March. Registered users were up by 80% and units shipped and repeat customers rose by 100%, as it pursues its main strategy of significant growth and outperforming e commerce sector growth in India by fivefold. India is […]

The High Street – Still Alive And Kicking But Online Threat Grows

Marks & Spencer MKS gives a very brief summary of its trading for the 13 weeks to the 31st December. Group sales rose by 5.9% on a reported basis. Food did well with a rise of 5.6% or 0.6% on a like for like basis and  continuing to increase its market share. Sales in clothing […]