Ian Pollard – Smith & Nephew; Knee Implants Stand Out !

Smith & Nephew SN is increasing its final dividend by 14% for the year to 31st December after revenue growth of 2% in the final quarter confirmed full year growth at 3%. Knee implants produced what it euphemistically describes as a standout performance driving growth for the whole group, plus double digit growth in emerging […]

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 […]

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 […]

BATS Cloaks Itself In Secrecy

British Am. Tobacco BATS has a new policy of keeping its shareholders and investors generally less informed about its financial progress or the lack of it and has stopped issuing interim management statement, replacing them instead with short updates twice a year prior to the start of its closed periods. So all it will tell […]

Bellway – Moderate Price Increases For 2017

Bellway Homes BWY claims another excellent financial performance for the half year to the 31st January but the effervescence and price rises, such regular features of previous years, appear to be moderating. Increases are well within single digit figures except for earnings per share which just managed to break through the 10% barrier. Revenue  rose […]