Morrisons Bringing Home The Bacon

Morrison W. Supermarkets MRW reports its seventh consecutive quarter of what it calls “positive like for like”  after strong first half growth in sales, profits and dividend. Like for like sales excluding fuel and VAT grew by 3% in the 6 months to 30th July, more than double last years first half growth rate of […]

Ocado – English As A Foreign Language

Ocado Group OCDO got so bogged down in jargon in its half year results to the 28th May that one can easily believe they must have done it deliberately purely to show how clever they are compared to those of us who can only speak ordinary English which everybody else understands. Thus the report is […]

Polypipe Dividend Up By 29.5%

Polypipe PLP Excellent like for like UK revenue growth of 10.5% for the year to 31st December, led to a record performance by the group as a whole, with exports adding to the happy picture with a rise of 28.7%. The final dividend is to be increased by 29.5%, after profits before tax rose by […]

Tobacco Sales Drop Sharply at Bookers

Booker Group BOK has seen tobacco sales drop substantially in the face of the latest set of display restrictions, whilst non tobacco sales have been hit by food price deflation. Like for like tobacco sales for the 12 weeks to the 17th June were down by 7.7% and non tobacco fell by 0.7%. Total group […]