Ian Pollard – On The Beach #OTB hit by heatwave
On the Beach Group PLC OTB Revenue was heavily impacted by the unprecedented hot summer in Scandinavia leading to lower demand for holidays and widespread discounting of distressed product by Sweden’s leading tour operators. Nonetheless revenue at On the Beach Group for the year to the 30th September rose by 24.5%, profit before tax by […]
Ian Pollard – Primark Like For Like Sales Fall
Associated British Foods ABF updates that the outlook for the year to the 15th September remain unchanged. Strong profit performances from Primark, Grocery, Agriculture and Ingredients are expected to more than offset the adverse effect of lower EU sugar prices. Grocery revenues are expected to be ahead of last year and adjusted operating profitshould be […]
Ian Pollard – DX Group Begins To Deliver
DX (Group) plc DX The half year results for the six months to the 31st December reflected what the company describes as ” another challenging period” but the new management team has set the business on the road to recovery and long term profitable growth. Net new business in the last two months has been at […]
Ian Pollard – Telford Benefit From London Homes Shortage
Telford Homes TEF Profit before tax for the half year to 30th September fell slightly to £8.7m. compared to last years £9m.due to development timing but a profit before tax of over £40m. is expected for the full year. The interim dividend is increased by 11%. Longer term growth plans are underpinned by the structural […]
Severn Trent Drowns In Jargon
Severn Trent SVT is so mired in jargon that it has started creating new words which are so obscure and meaningless that it has had to add a little dictionary at the end of today’s update. What is wrong with plain English ? Even HMCR now uses it to good effect. Is it beyond the […]
First Sales for Scottish Gold
Scotgold Resources SGZ has signed its first ever agreements for the sale of Scottish gold. This agreement covers the first refining batch (approximately 16oz) of Scottish Gold made available for jewellery (and only the second refining batch produced to date) from Scotgold’s Bulk Processing Trial (BPT) at the Cononish Gold and Silver Mine. The buyers […]
Polypipe Dividend Up By 29.5%
Polypipe PLP Excellent like for like UK revenue growth of 10.5% for the year to 31st December, led to a record performance by the group as a whole, with exports adding to the happy picture with a rise of 28.7%. The final dividend is to be increased by 29.5%, after profits before tax rose by […]
Sterlings Decline and Fall Is Helpful – So Far
RPC Group RPC claims an encouraging overall performance for the quarter to 30th June. Revenue was significantly higher and adjusted operating profit was significantly ahead of management expectations, plus the added bonus of favorable currency movements, resulting from our politicians successful attempts to destroy the value of our currency. Amino Technologies AMO Revenue for the […]
Fastjet Survived After All
Fastjet FJET Claims 2015 was a year of change and challenge but contrary to the hopes of some pundits who enjoy making a living out of predicting and helping to create, doom and disaster, it survived. Passenger numbers for the year to the end of December rose by 32% but the load factor for Tanzania […]