McCarthy & Stone – Divi Raised 80% As Profits Slump

McCarthy & Stone MCS blames the referendum for its poor performance in the 6 month to 28th February but doesn’t even attempt to explain why it  should have been so badly affected.  On the face of it, the ludicrous explanation makes it look as if management is scrabbling round trying to find excuses for its […]

Punch Plays Cards Close To Its Chest

Punch Taverns PUB Todays trading statement for the year to 20th August omits virtually any mention of  its trading statistics  It says it has produced a solid set of results following completion of its strategic disposal programme but fails to back that up with any meaningful figures, save to say that average profit per pub has […]

HSS Hire Lower

HSS Hire Group HSS invested in growth in 2015 and saw profits plunge.  Not to be put off by this minor quirk of fate the board decided that it would plough on with the same objectives which were the correct ones, despite profitability for the year to 26th December being lower than expected. Indeed the […]