Ian Pollard – Severn Trent #SVT now looking after its customers.

Severn Trent plc SVT is pleased with the recognition it has received for its continued strong performance in the eyes if its customers.in the period from the 1st October to the 6th February. Performance incentives will be more aligned to the things the  customers care about most. and from the companiy’s point of view will […]

Ian Pollard – Barratts #BDEV outstanding pedestrian year

Barratt Developments BDEV’s performance for the year to the 30th June was positively pedestrian compared to yesterdays results from Redrow but that does not stop Barratt claiming it has had another outstanding year with a strong operational and financial performance and its highest volumes in a decade. The increase of 4.7% in the final dividend, […]

Ian Pollard – Burberry #BRBY Forced To Adopt Meaningless Jargon

Burberry Group BRBY   claims to have completed global roll out of new digital clienteling tool. Despite this first quarter comparable sales have grown 3%, which it finds pleasing.Even worse in the jargon stakes it is engaging consumers with frequent and sometimes unexpected “drops of fresh product”.  The final insult to the intelligence of its […]

Ian Pollard – Next #NXT Saved By Online Growth

Next NXT Full price sales for the 14 weeks to the 7th May have risen by 5% compared to last years figures mainly due to online sales jumping by 18.1% whilst retail fell foul of the high street malaise with a fall of 4.8%. First quarter sales were better than expected helped by the recent […]

Ian Pollard – Marks Trounced By Tesco

Marks & Spencer MKS Brave words from Steve Rowe as he tries to explain away Marks continued decline both at home and abroad. Group third quarter sales for  the thirteen weeks  to the 30th December fell by 0.1%. In the UK total sales fell by 1.4% with clothing and home down by 2.8% which should […]

Card Factory Pressured By Having To Pay A Living Wage

Card Factory CARD produced sales growth of 6.7% in the 9 months to the 31st October fuelled by the opening of 38 net new stores, bringing the UK total to 903 and with more to come during the final quarter. The strong first half sales performance has continued into quarter 3 but profits will be […]

House builders sales static but forward orders surge

Barratt Developments BDEV Completions in the year to the 30th June rose by a lowly 0.4% on 2016 but it was still the highest volume for nine years, enabling Barratt to claim another excellent year which produced a strong operational and financial performance. The final dividend is being increased by 39% in addition to a […]

Barratt, Eddie Stobart, Robert Walters and Wetherspoons all upbeat

Barratt Developments BDEV is upbeat on trading, and reports total completions of 17,395, the highest level of completions in nine years. PBT is expected to beat current expectations at around £765m (2016: £682.3m), and year end net cash balance of around £720m is also ahead of guidance, driven by strong performance and the timing of […]