Ian Pollard – Intertek #ITRK Dividend Rises 39%

Intertek Group ITRK is going from strength to strength, with consistent progress on strategy and performance leading to a 39.1% increase in the full year dividend. In 1918 revenue grew by 3.7% on a like for like basis at constant currency rates,. profit before tax was up  by 8.3% and diluted earnings per share by […]

Ian Pollard – Direct Line #DLG delivers a robust fall in premiums

Direct Line Ins. Group DLG claims to have delivered a robust third quarter performance in a competitive market. Robust in this particular case being defined as a fall of 5.6% in gross written premiums, compared to the same quarter in 2017, Perhaps this is a definition which not many outside the company could bring themselves […]

Ian Pollard – Next #NXT online sales save the day

Next pc NXT Full price sales in the second quarter were up 2.8% on last year and ahead of the 1% expected at the time of the May update. Next believes believe that this over-achievement  was due to the prolonged period of exceptionally warm weather, which greatly assisted  sales of summer weight products.Expectations for the […]

Ian Pollard – Persimmon To Distribute Largesse To The Shareholders

Persimmon PSN describes its 2017 performance as excellent and its continued outperformance as enabling  an  increase in capital return payments of 125p. per share to be made in each of the next three years, to be paid as an interim dividend  in late March / early April of each year, commencing on the 29th March […]

ABF – Sugar And Primark Lead The Success

Associated British Foods ABF reports another highly successful year with a rise of 51% in profit before tax and 47% in earnings per share, including profits resulting from the sale of businesses. Without that bonus  and after growth of 6% in revenue for the year to the 16th September, the adjusted rises in profit before […]

Sainsbury’s Doing Well in Financial Services – The Problem Is Food

J. Sainsbury SBRY has been forced to cut its final dividend, even if only by a small amount,0.1p or 1.2%, making a total cut for the year of of 8.3%. It claims a strong performance in clothing, general merchandise and financial services which, coming from a food store, indicates a problem or two with the food […]