Ian Pollard – #BT Riddled In Jargon But ARPU is up 1%

BT Group plc BT.A claims that positive momentum in the second quarter resulted in encouraging results for the half year to the 30th September.That may be so but you will have to take BTs word for it because the update is riddled in jargon that much of it is meaningless to anybody who has not […]

Ian Pollard – European Air Traffic Control Hits Wizz Air #WIZZ

Wizz Air Holdings WIZZ Profit for the first quarter to the 30th June  fell 14% from 58.1m. to €50.0 million,   compared to 2017 reflecting the timing of Easter and the effect of higher than expected disruption costs. Passengers carried rose by 19.7% and revenue by17.9% but profit margins were down by 3.3ppts from 12.4 to […]

WPP Uppish And Downish And Flat

WPP plc WPP has seen a steady decline since the beginning of the year and the third quarter saw results which managed to be up and down at the same depending on which currency they are in. The year started with first quarter rises in sales and revenue of 4.8% and 3.6% respectively and ending […]

Domino’s Claims Record Progress

Domino’s Pizza DOM The half year to the 25th June was another good period with record progress in the UK, despite the UK consumer having become more cautious about the economic climate. Underlying profit before tax rise by 9.1% with basic earnings per share up by 9.9% and the interim dividend increased by by 7.1% […]

Crawshaw Cancels Dividend After Customers Desert

Crawshaw CRAW  having been forced to cancel its final dividend has had the audacity to claim that the year to the 29th January was a year of strategic progress. The only progress, strategic or otherwise, was that management at last woke up to the fact that it had ceased to “resonate” with customers who had […]

Barclays – Down, Down, Down

Barclays plc BARC has so much small print at the beginning of its quarterly report that many readers will need a magnifying glass to avoid damage to their eye sight. The report for the 3 months to 31st March is full of gloss about how well Core is doing compared to Non Core but however […]

Stanley Gibbons Leads Corporate Cock Up Day

As recently as mid January Stanley Gibbons (SGI) said that it would be comparatively unattractive to raise by way of new equity the 10m funding, which it desperately needed. So here we are less than 6 weeks later and guess what? The funding is being raised by way of new equity. Otherwise it would be […]