Ian Pollard – Sports Direct #SPD blames falls on past insolvent trading at House of Fraser
Sports Direct Intl SPD saw underlying profit before tax and earnings per share fall by 26.8% and 35.4% respectively in the half year to the 28th October. Never one to be mealy mouthed, Mike Ashley comes out fighting and tries to put the blame fairly and squarely on the previous House of Fraser senior management […]
Ian Pollard – Fastjet #FJET fights to survive as losses fall
Fastjet FJET expects to become cash flow positive in the second half of 2018 which if it does will give the lie to the rabid and gleefull forecast of a speedy demise announced earlier in the week by one Tom Winnifrith who used to try and earn a living in the Isle of Man.The year […]
Ian Pollard – Centrica #CNA Chickens Come Home To Roost
Centrica CNA Produced weak second half results, after poor performances in Business Energy and in particular in North America created material uncertainty around the company and resulted in what it admits was a very poor shareholder experience.. A combination of political and regulatory interventions gets part of the blame but Centrica makes no comment as […]
Ian Pollard – Dixons Hit By Challenging Mobile Profitability
Dixons Carphone DC has found UK mobile profitability challenging during the half year to the 28th October to such an extent that it needs addressing which is really as good as admitting that they have not bothered to do so yet. Black Friday trading was at record levels in all geographies, without any explanation as […]