Ian Pollard – #ITV Fall In Advertising Expected To Continue

ITV plc ITV  made good progress in delivering its stategy in the quarter to the 31st March. Online viewing rose by 16% and Family Share of viewing by 4%. Total external revenue was down 4%. ITV Broadcast & Online revenue fared even worse with a fall of 7% at £489m compared to £526m in 2018 […]

Ian Pollard – Next #NXT Saved By Online Growth

Next NXT Full price sales for the 14 weeks to the 7th May have risen by 5% compared to last years figures mainly due to online sales jumping by 18.1% whilst retail fell foul of the high street malaise with a fall of 4.8%. First quarter sales were better than expected helped by the recent […]

Ian Pollard – ITV – 7% Organic Growth, Excluding Currency!

ITV PLC ITV If you can bother to fight your way through the meaningless jargon with which the preliminary 2017 results are littered you may end up with an idea that Carolyn McCall and her team are very pleased with themselves. They should be because one of their star achievements has been to produce 7%  […]

ITV – “Good Growth” But Flat Profits

ITV plc ITV updates that with nine months of its year now gone, it is confident of delivering good organic revenue growth but does so without putting a figure on what “good ” actually means in numbers. Full year profit will be broadly in line with last year which means little or no growth there. […]

Upbeat Results From FTSE 100

News In Brief FTSE 100 Compass Group CPG is continuing to have a good year with like for like revenue up 3.9% in the third quarter and accelerating. North America is producing strong new business and the business environment in the Rest of the World, is improving. ITV plc ITV Total external revenue for the […]

Sterling Helps Compass Pay £1bn Special Dividend

Compass Group CPG received a big helping hand from the weakness of sterling which added an extra 15% to revenue, operating profit and earnings per share for the first half year to 31st March. The result is that the company can afford to celebrate with  a proposal to pay a special dividend of  £1bn, as […]

Sainsbury Slashes Dividend – Clear Growth Strategy Succeeds

Sainsbury J. SBRY slashes its final dividend by 18.5% for the year to 11th March, sees profit before tax fall by 8.2% and basic earnings per share by 26.8%.  And the CEO has the cheek to trumpet it as a pivotal year with a clear growth strategy which has made significant progress. If it did […]

Talk Talk “On-Net Adds Flat” & Other Tripe

Talk Talk Telecom TALK wins today’s prize for gibberish with a claim that on-net adds flat. RGU growth + 148k . Quarterly churn ( presumably from the dairy division) is the lowest ever at 1.3%  and the company is now a trusted value champion. Presumably it was previously either untrusted or not a champion. When […]