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 – Vodafone’s #VOD Robust Momentum Produces Large Sales Fall

Vodafone Group plc VOD as expected the third quarter to the 31st December was fairly disastrous for Vodaphone and it can not all be put down to the adoption of  IFRS, the sale of Qatar and foreign exchange headwinds which is the usual ready to hand list of pre prepared excuses for major international companies […]

Corporate news review Tuesday 26th September 2017

AA Plc AA. Reports a robust H1 for Roadside and Insurance. Trading EBITDA rose 1% to £193m reflecting gains in insurance broking as well as reduced Head Office costs. Chairman John Leach said the Board “is very pleased that Simon Breakwell has agreed to take the role of CEO on a permanent basis” Animalcare Group […]

Centamin Sees Strong Growth

Centamin CEY Profit before tax for the year to the end of December  grew strongly from $58,407,000 to $266,829,000, as 2016 became the 7th consecutive year of production growth. Profit sharing with the Egyptian government started in quarter 3 and a final dividend of 13.6 US cents is proposed. Production rose by 26% whilst production […]