Ian Pollard – Polypipe #POLY Breaks More Records

Polypipe Group plc PLP  delighted to report another record performance and claims significant strategic progress for 2018 together with a continued focus on organic growth ahead of the market. Revenue rose by 5.2%, profit before tax by 4.7% and underlying basic earnings per share by 4.4% The dividend is to be increased by 4.5% and […]

Ian Pollard: Safestore Holdings – Strong Start To The Year

Safestore Holdings plc SAFE claims an excellent start to the financial year, with a strong first quarter performance, continuing the trading momentum seen in the second half of 2018 in both the UK and Paris markets. Group revenue from the 1st November to the 31st January rose by 6.% at constant exchange rates and on a […]

Ian Pollard – easyJet #EZJ load factor & spend per passenger both fall

easyJet plc EZJ made a good start to the 2019 financial year with robust customer demand and ancillary sales.At least that is the official version. Flying at Tegel had what is described as a dilutive impact. as did the Christmas drone incidents at Gatwick, or perhaps more accurately, the Christmas no drone incidents at Gatwick. […]

Ian Pollard – HSBC Believes It Is Enhancing Its Reputation

HSBC Holdings HSBA saw growth in operating expenses easily outstrip the banks increase in revenue. Todays interim results reveal reveal that during the first half, revenue rose by 4% whilst operating expenses grew by 7%., or 8% on an adjusted basis. Adjusted profit before tax fell by 2%. The Group Chairman descended from on high […]

Ian Pollard – easyJet #EZJ, excellent winter performance

Vodafone Group VOD claims that the year to 31st March was one of significant operational and strategic achievement which produced a strong financial performance. In fact it was so strong that revenue fell by 2.2% and in troubled India, Service revenue was down by over 18%. Despite these little local difficulties operating profit rose by […]

Ian Pollard – BP, Phoenix Like From The Ashes

BP plc (BP.) 2017 was one of the strongest years in BP’s recent history and on the exploration front it was the most successful since 2004. Underlying  profit rose by 139%. Underlying replacement cost profit soared both for quarter 4 and for the full year. For the quarter it rose five fold from $400m. to  […]

easyJet Still Flying High

easyJet EZJ October passenger statistics showed a rise of 9.9% in passengers carried and load factor increased yet again to 92.5pp up by 2.3%. On a rolling 12 months basis the figures were 10% and 1.5pp. Ortac Resources OTC is to acquire an additional 33.82% of Casa Mining Ltd and will be making an offer […]

British Minnows Swimming Strongly

Today brings more evidence of the strength of small, even tiny, British companies which are prospering and growing strongly. No complaints from them about Brexit, challenging market conditions, the weakness of the pound and all the other moans which issue forth on a daily basis from so many of our major companies who have become […]

easyJet Flying High as Ryanair “Messes Up” Big Time

easyJet EZJ  continues to fly high with statistics for September showing an 11% rise in passenger numbers and load factor up by a further 2.5pp to 93.6%. Mind you easyJet must regard as a blessing, Ryanair’s much publicised confession that it has messed up big time and will continue to do so for months to […]