Ian Pollard – Centrica #CNA Chickens Come Home To Roost
Centrica CNA Produced weak second half results, after poor performances in Business Energy and in particular in North America created material uncertainty around the company and resulted in what it admits was a very poor shareholder experience.. A combination of political and regulatory interventions gets part of the blame but Centrica makes no comment as […]
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 […]
Go-ahead Group Lagging
Go-Ahead Group GOG is lagging behind in too many areas although it is doing its best to cover the weak spots. The pre close trading statement for t he year to 1st July claims that expectations for the full year are unchanged and the balance sheet is robust. Regional buses showed mixed growth in passenger […]
Go Ahead Goes For More Rail Contracts – in Germany, Thank God.
Go Ahead Group GOG TheĀ really good news is that Go Ahead is bidding for a number of new rail contracts but they are all in Germany, so success will not bring more misery to the UK The grossly misnamed provider of rail and bus services to the long suffering British public announces that it […]
Weir Worse But Hopeful
Weir Group WEI continued to worsen in the third quarter to the 31st October tough trading conditions every every division in decline. Minerals fell by 7%, Oil & gas by 10%, Flow Control by 4% and Continuing Operations by 7%, whether on a reported or like for like basis. Full year profits will be slightly […]
Ladbrokes Doesn’t Like Losing – Come On Leicester!
Ladbrokes LAD complains that at Cheltenham bookmaking principles were abandoned because of intense competition and that until then results had been favourable, At least that tells us that one of the main principles of the betting industry is that the bookie always wins and something has gone seriously wrong if they don’t. Similarly Ladbrokes is […]