Reckitt Benckiser Expects Challenges & Headwinds; Dividend Increased
Reckitt Benckiser RB is increasing its final dividend from 88.7p to 95p making a 10% rise for the year but it has been forced to delve deep into the jargon drawer to try and explain its patchy geographical performance in 2016. Full year like for like net revenue did rise by 3% and in quarter […]
Headwinds and Challenges Impact Reckitt Benckiser
Travis Perkins TPK The real truth about the state of the UK economy is beginning to bite. With like for like third quarter sales growth falling to 2% and an uncertain UK outlook, TPK is to close over 30 branches and 10 distribution and fabrication centres. In addition challenging market conditions led to Plumbing & […]
International Greetings Delivers 250% Dividend Increase.
International Greetings IGR A final dividend of 1.75p., ahead of market expectations, brings the year’s total to 2.5p. a rise of 250% on the previous years 1p. Year on year growth in all regions, is again ahead of expectations, with both the UK and China producing record sales. And for once, we have a company […]