Ian Pollard: TUI Benefits From Hot European Summer

TUI AG TUI updates that the year to the 30th September will be the fourth consecutive year of double digit growth in underlying EBITA and unlike Thomas Cook it claims to have benefited from the sustained period of hot weather in Northern Europe which produced further growth  The only impact of the hot weather was […]

Ian Pollard – Royal Mail #RMG impacted by poor service

Royal Mail RMG Letter revenue in the 3 months to the 24th June fell 7%  but GLS continued to perform strongly, with volumes up 10% and revenue up 11%. The Quality of Service performance has been so bad and has impacted the company to such an extent that on the 1st June Ofcom commenced an […]

Corporate news review Thursday 28th September 2017

Air Partner AIP reports gross profit up 12.2% at £18.1m, with underlying PBT up 34.4% at £4.1m. AIP says it enters the next six months with optimism that FY expectations will be met. Ascent Resources AST interims – recompletion and flow testing of well Pg-10. Construction of the new pipeline connection at MRS Lendava required […]

Quoted Micro 21 August 2017

NEX EXCHANGE Good Energy (GOOD) has set the date for general meeting requisitioned by rival renewable electricity supplier Ecotricity, which wants Dale Vince and Simon Crowfoot to join the board. The general meeting will be held on 6 September. Good Energy still believes it would be unwise to have the representatives of its rival on […]

Pharmas, Builders Supplies and Construction Boom

Today’s mix of results clearly indicate continuing boom conditions in well managed pharma companies with new successful products – (viz AMS yesterday) and in companies which can prosper on the tailcoats of the house builders whose boom seems never ending. ( except for the warning signs in Central London) Marshall’s MSHL showed a strong rise […]

Big News from Sainsbury- Broccoli & Onion Prices Permanently Reduced

Sainsbury J. SBRY has had to admit that during its second quarter to the 24th September, it has, because of price deflation, had to sell more to earn less. Despite like for like transaction and volume growth, like for like retail sales were down by 1.1% and total retail sales by 0.4%. As for the […]