Ian Pollard: Morrisons – The Legacy Lives On With Bumper Christmas

Morrisons W. Sprmkts MRW If you do not know how to sell a pack of frozen peas, then you should not be on the board of a chain of supermarkets. Britains high streets are riddled with major retail outlets which are in a state of collapse and its Boards are littered with bankers, accountants and […]

Ian Pollard – A Tale of Two Brewers

Marstons MARS has seen its business transformed in recent years and preliminary results for the year to 30th September produced both revenue and earnings growth which in turn led to profit growth in all segments. Statutory revenue rose by 8%m profit before tax by 24% and earnings per share by 12%. The average profit per […]

Wood Group weak in the East

by Ian Pollard Wood Group plc WG has faced continued challenges in its core oil and gas markets in the 6 months to 30th June, with weak activity in the East more than offsetting a robust performance in the West. The first half is down on that of 2016 and is weaker than hoped for […]

Midcap Bonanza among FTSE250 stocks

After the Brexit inspired sell-off, thanks to rising earnings, the FTSE 250 index has recovered sharply to hit record highs and post gains significantly in excess of the benchmark FTSE 100. At the time of the referendum, the slide in sterling was expected to be a disaster for UK plc, especially for those companies without […]

Reckitt Benckiser Expects Challenges & Headwinds; Dividend Increased

Reckitt Benckiser RB is increasing its final dividend from 88.7p to 95p making a 10% rise for the year but it has been forced to delve deep into the jargon drawer to try and explain its patchy geographical performance in 2016. Full year like for like net revenue did rise by 3% and in quarter […]

Stagecoach Rushes to Brexit; Payment Expected Sometime

Stagecoach Group SGC has announced the sudden disposal of its Megabus Europe retail operations to Flix Bus.  It is not getting a single penny in cash and completion is at the end of this week. All it is getting is a loan note for an unspecified amount which it expects to be paid by the […]