Ian Pollard: Countryside Properties, Robust & Excellent

Countryside Properties CSP The half year to the 31st March saw excellent progress and robust trading in all regions.  After strong growth the interim dividend is to be increased by 24% with reported revenue rising by 14%, operating profit by 19% and basic earnings per share by 23%. National Grid plc NG produced a strong […]

UK High Street – Not In Good Health ?

Sainsbury SBRY hs been forced to cut  its interim dividend by 14% to 3.1p. Despite all the hype about outperforming this and growing market share in challenging conditions etc etc, in the end it was forced to choose between sticking to its strict policy of paying an interim dividend  equal to 30% of the prior […]

Mothercare Delivering at Last

Mothercare MTC The turnround in the UK is continuing apace with group underlying profit before tax up by 51% and statutory profit before tax of £9.7m, being the first after four years of losses.  Like for like UK sales rose by 3.6% Internationally the picture is much blacker and having set the UK on a […]