Ian Pollard – Momentous year for Cineworld #CINE

Cineworld CINE found 2017 to be not only exciting but also the most momentous since its foundation in 1995 as it once again produced record results and took the first steps towards turning itself into the second largest cinema chain in the world with the acquisition of Regal entertainment Group for $3.4bn. This was a […]

Pearson Selling The Family Silver

Pearson plc PSON  The best that can be said about Pearsons 2017 results is that they came out at the top end of guidance and that the restructuring programme is on track. Nonetheless underlying revenues fell by 2% due to a 4% decline in North America where US higher education coursework fell by 3% despite […]

Ian Pollard – Majestic Wine Celebrates With a 33.3% Dividend Hike

Majestic Wine plc WINE Moved into profit in the half year to the 2nd October and the interim dividend is to be increased by 33.3% to 2p. The Chief Executive says he is now ready step on the gas and accelerate growth with a team which has worked like demons and made him “dead proud” […]

Corporate news review Thursday 10th August 2017

Amec Foster Wheeler AMFW reports net pre-tax exceptional gains of £47m in the half-year ended 30 June 2016 and says it has made a strong start to its transformation programme, with the first signs of progress now showing up in the order book. Cineworld Group CINE reports half year revenue growth of 17.8%, with adjusted […]

Midcap Bonanza among FTSE250 stocks

After the Brexit inspired sell-off, thanks to rising earnings, the FTSE 250 index has recovered sharply to hit record highs and post gains significantly in excess of the benchmark FTSE 100. At the time of the referendum, the slide in sterling was expected to be a disaster for UK plc, especially for those companies without […]

TUI In Line For 2016 Gringlish and Jargonish Prize

TUI AG (TUI) appears to have ignored the basic principle that its financial reports should be written in a language which is understandable by a good number of its shareholders. At least the tables are clear in the third quarter interim report which shows turnover down by 5.7%, net profit up by 116.4% and like […]