Ian Pollard – Footasylum #FOOT impacted

Finsbury Food Group FIF has acquired 100% of the share capital of Ultrapharm Limited a specialist Free From bakery manufacturer with site in the UK & Poland. Finsbury claims that the acquisition  supports the Group’s ongoing strategy to further diversify its product capability into high growth areas. Tax Systems plc TAX enjoyed a strong first […]

Ian Pollard – Will bullying Melrose #MRO shareholders win the day?

Melrose MRO Today the gloves are off as Melrose goes to war in its attempts to persuade GKN shareholders to abandon its company. If ever an example was needed as to how the City is no longer a place for gentlemen, Melrose provides it with a hectoring, bullying diatribe threatening GKN shareholders with the terrible […]

Ian Pollard – Countryside Properties -A Lesson in Clarity and Profitability

United Utilities UU must have decided to make its half year report as obscure and meaningless as possible. Thus it is full of PR19S, ODIs, RCV Gearing and the latest craze, System Thinking. What it wont do because presumably it would make the figures for the 6 months to the end of September too easy […]

RWS Holdings – Excellent Performance In An Outstanding Year

RWS Holdings RWS expects revenues for the year to the end of September to have risen to £163m, an increase of 33%, after producing an excellent performance in what it claims to have been an outstanding year. Profit before tax is expected to be strong and ahead of market expectations, helped by two acquisitions and […]

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 […]

Weir Group Recovery Starts

Weir Group Weir has North America to thank for signs of recovery in its fortunes. North American oil and gas markets have recovered more strongly than anticipated and volume and price increases have both been ahead of prior expectations. Operating margins in the first half have been in low double digit figures and full year […]

Finsbury Food Growth Halted

Finsbury Food Group FIF A successfull roll out of vision and values appears to have been the main feature of Finsbury’s second half and once you see management reduced to that level of jargon, you know that something is not quite right. Well revenue for one thing was completely flat, in fact it was so […]

Royal Mail Drowns in Jargon

Royal Mail plc RMG How can any company be taken seriously when its CEO’s English appears to be so bad that she has to express herself in internal company jargon – thus ones breakfast reading of the goings on at Royal Mail includes – “movements in foreign exchange, ASM and GSO in GLS” Can 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 […]