Ryanair – The Success Story Continues
Ryanair RYA The Ryanair success story continues with a 43% rise in profit after tax following a 16% rise in revenue and 18% in passengers, whilst the opening of over 100 new routes saw it become the first airline to carry over 100 million passengers in a calendar year. Basic earnings per share rose by […]
Vodafone Still Ringing Up Losses
Vodafone VOD is improving according to its preliminary results for the year to 31st March, but could still do better. Perhaps improving its reputation for an attitude problem and poor customer service may help. Second half like for like EBITDA grew by 3.6% compared to 2.7% for the full year. Adjusted operating profit fell by […]
Whitbread Worries – Costa Goes Ex Growth
WHITBREAD WTB claims good all round growth for the 53 weeks to the 3rd March and is raising its final dividend by 10% but somehow the excitement and the buzz at Premier Inns and Costa seems to have disappeared. Underlying profit growth at Costa slumped to15.8% from 28% for the first half. On a like for […]
WH Smiths Off On The Road to Recovery
Tesco TSCO The 40% fall in net debt is probably the best item in Tesco’s preliminary results and they are perhaps entitled to boast of a turn round in quarter 4, except in its home markets of the UK and the Republic of Ireland where it still seems to have lost the plot. Group like […]
Warmest For Over 350 Years and Bonmarche Blames The Cold
Bonmarche BON. Lame excuses from the CEO of Bonmarche as he blames the cold winter weather for a poor 4th quarter performance. Figures released today show that the winter of 2016 will have been the warmest for over 350 years, so pull the other one Mr. Butterwick. The year got off to a good start […]
Naked Wine on Cloud Nine
The CEO of Majestic Wine (WINE) is very excited about Naked Wines record sales of £100 m., already achieved in the year to 31st March 2016. For those who like their wine clothed and in a glass, Naked Wine is an online crowd funding platform and apparantly one of the best things since sliced bread. […]
Advanced Medical Solutions – Strong Year of Growth
Preliminary results for Paysafe (PAYS) for the year to 31st December are slightly ahead of expectations and the CEO and President is bubbling over with excitement and self praise. he is “incredibly pleased” with what was a tremendous year and is very excited about prospects for the future. Revenue rose by 68%, adjusted EBITDA by […]
Taxpayer Subsidy Keeps Barratt Shareholders Happy
Barratt Developments (BDEV) admits, that like all the house builders, one of the two main factors keeping its shareholders happy, is the government subsidy to first time buyers. But elections have to be won one way or another, so the government is hardly likely to try and restore a bit of sense to the market, […]
Imagination Technologies (IMG) – Another ‘impacted’ company
Imagination Technologies Group (IMG) is prepared to admit to a disappointing first half but seems reluctant to go further despite the fact that last years adjusted half term profit of £5m has been transformed into a thumping loss of £7.3m. and the reported loss has doubled to £20m. But you must understand that this is […]