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: Dart Group To Substantially Exceed Expectations In 2019

Dart Group plc DTG is proposing to increase its final dividend by 54 % after strong passenger growth for both Jet2.com and Jet2holidays saw revenue for the year to the 30th June increase by 38%. Profit before tax rose by 49% and basic earnings per share by 44%. Demand  has strengthened even more since the […]

Ian Pollard – London market robust for Telford #TEF

Telford Homes TEF produced a strong set of results for the year to the 31st March and the proposed final dividend of 9p per share brings the total for the year to 17p making an increase for the year of just over 8%. Total profit before tax for the year to 31st March, exceeded market […]

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 […]

Countryside Props. Slashes House Prices

Countryside Props CSP did what for a house builder, is the  unthinkable, it slashed its average selling prices with the result that for the year to 30th September, completions rose by 28% overall and the forward year end order book stood at a record level. The rise in completions was 17% in the partnership division […]

Brexit Fears Grow Over Freedom To Fly

Dart Group DTG is aware of the uncertainty surrounding Brexit negotiations and the effect which the outcome of these could have, especially on the extent of its “freedom to fly”. For the year to 31st March revenue rose by 23% and the proposed final dividend is to be increased by 26%. Profit before tax for […]

Westminster Group Facing “Unprecedented Growth”

Westminster Group WSG claims that the trials and tribulations of the last few years are now behind it. Revenue for the year to the end of December rose by 31% enabling it to make an EBITDA profit of £25,000 compared to the previous year’s loss of £300,000. The loss per share has been reduced by […]

Telford Homes Breaking Records

Telford Homes TEF reports that revenue for the year to 31st March rose by 19% to a record £291.9m, allowing the final dividend to be increased to 8.5p, making an increase of just over 10% for the full year. Profit before tax is expected to exceed £40m for 2018 and £50m for 2019. Avanti Communications […]

McCarthy & Stone – Divi Raised 80% As Profits Slump

McCarthy & Stone MCS blames the referendum for its poor performance in the 6 month to 28th February but doesn’t even attempt to explain why it  should have been so badly affected.  On the face of it, the ludicrous explanation makes it look as if management is scrabbling round trying to find excuses for its […]

WH Smiths Off On The Road to Recovery

Tesco TSCO  The 40% fall in net debt is probably the best item in Tesco’s preliminary results and they are perhaps entitled to boast of a turn round in quarter 4, except in its home markets of the UK and the Republic of Ireland where it still seems to have lost the plot. Group like […]