Severn Trent Lost For Words

Severn Trent SVT  Expects net Customer Outcome Delivery Incentive Rewards ODI will be ahead of previous guidance for 2016 -17 and will meet or exceed last years level.  This must be a good thing because it follows a strong operational performance in the three months to 31st December. All fine and good but what does it […]

Excellent progress at JD Sports Fashion (JD.)

JD Sports Fashion JD claims excellent progress with another record half year for the 6 months to the 30th July. Profit before tax leapt by 73% on revenue up by 20%. Earnings per share rose by 63% and the interim dividend is being increased by by 4.2% to 1.25p. International development of the business continues […]

Redrow Admits To Decades Of Under Supply

Redrow RDW managed to increase its average selling price in 2016 by over 10% which is not bad going in an economy parts of which are struggling with price deflation.  Redrow blames the continuing housing boom on decades of under supply, which raises the question of course as to why Redrow and all the other […]

Sainsbury Fights Back – With Butternut Squash Noodles

Sainsbury (SBRY) still lives in cloud cuckoo land, with  management  proudly boasting that a miniscule rise of 0.1% in fourth quarter like for like sales shows strong growth. This is the first quarterly like for like sales rise in two years, so if you  really are desperate and want to keep your job it is […]

Has Morrisons Seen The Future And Stolen It

And not only seen the future but stolen a march on its competitors by seizing it. Two announcements today could change the future of retailing and give Morrisons a big step up over the competition. Firstly it will provide a whole supply service to Amazon with hundreds of Morrisons (MRW) products becoming available online on […]