Ian Pollard – easyJet #EZJ load factor & spend per passenger both fall

easyJet plc EZJ made a good start to the 2019 financial year with robust customer demand and ancillary sales.At least that is the official version. Flying at Tegel had what is described as a dilutive impact. as did the Christmas drone incidents at Gatwick, or perhaps more accurately, the Christmas no drone incidents at Gatwick. […]

Ian Pollard – Ferguson #FERG Restructuring for UK After Weak Performance

Ferguson plc FERG Ongoing revenue for the quarter to 31st October.was 5% ahead of last year, including 6.7% organic growth, whilst ongoing trading profit at $432m.  was 9.9% ahead. US business saw organic revenue growth of  9.6% . All the US business units generated organic growth in the quarter  with continued good demand from residential […]

Ian Pollard – IG Group To Slide In 2018 -19

IG Group Holdings plc IG reports record revenue, operating profit and earnings for the year to the 31st May with strong growth across all regions and products. It is proposed that dividends for the year be increased by 34%, with a final payment of 33.5p per share bringing the total to 43.2p. The outlook for […]

Ian Pollard – Victrex – Sales Volume Up 1%, Divi Up 160 %

Victrex VCT managed a  whopping  160% increase in dividends for the year to the end of September after a mediocre rise of 1% in sales volume led to a rise of 11% in profit before tax.   The dividend increase comprised a 15% rise in the regular dividend plus payment of a special dividend of […]

Telford Homes Breaking Records

Telford Homes TEF reports that revenue for the year to 31st March rose by 19% to a record £291.9m, allowing the final dividend to be increased to 8.5p, making an increase of just over 10% for the full year. Profit before tax is expected to exceed £40m for 2018 and £50m for 2019. Avanti Communications […]