Ryanair – The Success Story Continues
Ryanair RYA The Ryanair success story continues with a 43% rise in profit after tax following a 16% rise in revenue and 18% in passengers, whilst the opening of over 100 new routes saw it become the first airline to carry over 100 million passengers in a calendar year. Basic earnings per share rose by […]
Sainsbury’s Doing Well in Financial Services – The Problem Is Food
J. Sainsbury SBRY has been forced to cut its final dividend, even if only by a small amount,0.1p or 1.2%, making a total cut for the year of of 8.3%. It claims a strong performance in clothing, general merchandise and financial services which, coming from a food store, indicates a problem or two with the food […]
Ryanair Flying High
Ryanair RYA produced a huge rise in March traffic, with a leap of 28.5% to 8.5m customers. Even more important was the 4% point surge in load factor to 94% which should add substantially to the profit figures for the month. Rolling annual traffic showed a heady rise of 18% over 12 months. ITE Group […]
Beating Expectations
IS Solutions (ISL) is this morning’s star performer with a 23% rise after announcing that its performance so far in the current year has been strong. Revenue and profitability for the year to 31st March and for 2016/17 will both be significantly ahead of current market expectations. The shares have doubled since September and closed on […]