Ian Pollard: Rank Tough Trading Dominates
Rank Group plc RNK describes trading in the first half of the year as tough and looking at the figures that seems to be an understatement, although an improved second quarter seems to have instilled some confidence as to the prospects for a better second half. As for the first half the minus signs overwhelmingly […]
Ian Pollard: ABF – A Headline A Day
Associated British Foods ABF Yesterdays headline trumpeted that Primark blamed three periods of unseasonable weather for sales sliding by 2.1% over the year to the 15th September. But today a new day has dawned and brought with it new headlines as the media stands on its head and proclaims that today’s truth is that Primark […]
Ian Pollard: Dairy Crest Slightly Ahead At Half Time
Dairy Crest Group DCG expects profit for the half year to the 30th September to be slightly ahead of last year, with revenue driven by strong performances from its two largest brands, Cathedral City and Clover. Cathedral City continues to go from strength to strength reports the company and several new products will be released […]
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 […]
Ian Pollard – Dairy Crest Well Ahead
Dairy Crest Group DCG Total revenue for the nine months to he 31st December is well ahead of the previous year as key brands produced a strong performance with revenue growth of 7%. Spreads continued to gain market share. Wizz Air Holdings WIZZ Revenue for the quarter to the 31st December rose by 24% and passenger […]
Finsbury Food Faces Up to A Deflationary Market
Finsbury Food Group FIF claims it produced a strongly resilient performance in the year to 1st July, as it faced the challenges of a deflationary market which saw group like for like revenue remain flat. A final dividend of 2p per share is to be paid making a total of 3p for the year, a […]
Weak Pound Is Not A Crutch For Weak Management
Experian EXPN produced revenue growth of 6% in the quarter to the 30th June. On an organic basis the growth was 4% and for business to business on an organic basis it was a sturdy 7%. But Experian is yet another company producing appalling figures for the UK which suffers more and more from the […]
Dairy Crest To Be Impacted By Food Price Inflation
Dairy Crest Group DCG Expects a good first half performance, with Clover, Country Life and Frylight all showing strong volume growth for the half year which will end on the 30th September. Market share continues to be increased. However there are clouds on the horizon in the shape of price inflation which has already started […]