Tesco Blows A Trumpet or Two

Tesco TSCO blows a fanfare of trumpets over today’s interim results and when one considers that over the past two years prices have fallen by over 6%, it is perhaps right to do so. It claims significant progress in the first half with positive like for like sales and volume growth in all regions. UK […]

Tobacco Sales Drop Sharply at Bookers

Booker Group BOK has seen tobacco sales drop substantially in the face of the latest set of display restrictions, whilst non tobacco sales have been hit by food price deflation. Like for like tobacco sales for the 12 weeks to the 17th June were down by 7.7% and non tobacco fell by 0.7%. Total group […]

Aveva Hikes Dividend As Profits Collapse

AVEVA AVV  The final dividend for the year to 31st March is being hiked by 20% after a 46% collapse in profit before tax. This fairly logical step follows revenue for the year to 31st March declining by 3% and basic earnings per share falling by 51%. Aveva would have us believe that this superb […]