Ian Pollard – Royal Mail #RMG Executives Struck Dumb

Royal Mail plc RMG finds plenty to highlight in its interim results for the half year to the 23rd September. A rise of 1% in revenue is one of the best. Apart from that, underlying adjusted profit before tax was down 27 per cent and·  adjusted basic earnings per share fell by about a third […]

Ian Pollard: Dart Group To Substantially Exceed Expectations In 2019

Dart Group plc DTG is proposing to increase its final dividend by 54 % after strong passenger growth for both Jet2.com and Jet2holidays saw revenue for the year to the 30th June increase by 38%. Profit before tax rose by 49% and basic earnings per share by 44%. Demand  has strengthened even more since the […]

Ian Pollard – Reckitt Benckiser Returns To Growth In Fourth Quarter

Reckitt Benckiser RB delivered what it claims was a solid end to the year with like for like fourth quarter net revenue up by 2% on a constant currency basis, accompanied by volume led growth also of 2%. For the year as a whole like for like net revenue at constant exchange rates was flat […]

Brexit Fears Grow Over Freedom To Fly

Dart Group DTG is aware of the uncertainty surrounding Brexit negotiations and the effect which the outcome of these could have, especially on the extent of its “freedom to fly”. For the year to 31st March revenue rose by 23% and the proposed final dividend is to be increased by 26%. Profit before tax for […]

Mothercare Impacted By Unseasonable Weather.

Mothercare MTC Senior management seems not to understand one of the basic facts of life about the UK, namely that it does not have a climate, it has weather and for much of the year its weather is unseasonable, thoughtlessly providing mini heat waves in February, snow in May and year round excuses for management’s […]