Ian Pollard: Dixons Abandons Smartphone Sales in Greek Stores

Dixons Carphone plc DC Greece had become the jewel in Dixons international empire with like for like sales up 9% but it looks like that will not last for long unless Dixons management can start getting its act together. Smart phones is its problem. At one of its biggest Kotsovoulos stores in Athens it has […]

Ian Pollard: Melrose #MRO Delighted With GKN

Melrose Industries MRO is delighted with its acquisition of GKN, and the significant potential for improvement identified when it made its offer.  Plans are now being implemented to realise the full potential of GKN’s world leading, but currently underdeveloped, businesses. The interim dividend for the six months to the 30th June is being raised by […]

Ian Pollard – Dixons fixable, but Greece thrashes UK & Ireland

Dixon Carphone DC has plenty to fix but it is all fixable, claims the new CEO. The first thing which seems to need attention is next years profit which is expected to slump from this years expected £382m to £300m.The dividend for the current year is being maintained at 11.25p per share. Growth in the […]

Ian Pollard – Dixons Carphone will keep twitching its antenna

Dixons Carphone plc DC claims that its international businesses had a “terrific” Xmas but as is so often the sad story of late, the UK lagged far behind. In the 10 weeks to the 6th January, the star of the show was Greece with a like for like sales rise of 23%, followed by the […]

Dixons Challenged in UK Mobile Market

Dixons Carphone plc DC  has been facing challenging conditions in the UK mobile phone market as owners hold onto their existing mobiles for longer, partly due to price rises reflecting the weakness of sterling. It may also have something to do with people waking up to the fact that they do not need to change […]

Dixons Carphone Pulls Out of Spain

Dixons Carphone plc DC. has agreed to dispose of its entire holding in The Phone House Spain for 55m Euro less adjustments. Not a single reason, good bad or indifferent, is given for the withdrawal.   Hays plc HAS produced a record net fee performance for the quarter to 30th June, its 17th consecutive quarter […]

Retailers On The Rebound

Marks & Spencer MKS what a pleasure it is to see a shopkeeper back in charge of Marks and not just any old shopkeeper but one who knows the business inside out, one who has started turning it round in a very short time and who sounds confident and is confident that he can do […]

Big Boys Have a Good Christmas

Dixons Car Phone DC now expects pre tax profits to be slightly ahead of consensus after a strong Xmas and a record Black Friday.  For the 10 weeks to 9th January group like for like revenue rose 5% with southern Europe leading the way for once with a rise of 9% and market share being […]