Ian Pollard – Persimmon – Strong Growth As Sales Decline

NEXT plc NXT first quarter trading to the 27th April was saved only  by online sales which rose by 11% and are forecast to continue to grow at the same rate for the remainder of the year. Full price retail sales for the quarter fell by 3.6%. The picture for the remainder of the year […]

Ian Pollard – Whitbread #WTB UK Decline Turned Into “Growth”

Whitbread plc WTB tries to put a brave face on its first quarter results by headlining sales growth and expansion and ignoring the unhappy reality. The truth is that growth  is due to investment in new hotels and new Costa stores. On a like for like basis the quarter has been, to put it politely, […]

Ian Pollard – IWG Receives An Approach

IWG plc IWG confirms that it has received an approach from Terra Firma Investments Ltd regarding a possible cash offer for its entire share capital.  This being considered by the Board and there is no certainty that an offer will be made. Marlowe plc produced another strong financial performance in the year to the 31st […]