Ian Pollard – NEXT Retail’s Big Slide Over Christmas And Full Year

Next plc NXT Full price sales for the Christmas trading period (between Sunday 28 October and Saturday 29 December) rose by 1.5%. Whilst November sales were disappointing this was made up for by strong sales in the three weeks before Christmas and a good half-term holiday week at the end of October. Full price online […]

Ian Pollard – Persimmon Homes #PSN strong performance to continue in H2

Persimmon Homes plc PSN proclaims that strong results for the half year to the 30th June reflect the continued successful delivery of the Group’s long term strategy. Profit before tax and basic earnings per share both rose by 13%, group revenue by 5% and new home sales by 4%. Forward sales are 6% ahead of […]

Ian Pollard – HSBC More Secure Than in 2011, Surprise Surprise !!

HSBC Holdings HSBA claims that 2017 produced good results which demonstrate the strength and potential of HSBC and, believe it or not, it is simpler, stronger and more secure than it was in 2011.If that is the best it can find to say about itself that is not a rosy picture. Adjusted profit before tax […]

Corporate news review Monday 14th August 2017

Clarkson Plc CKN reports a strong half-year performance, with underlying PBT up 25% at £21.9m, on revenues up to £156.8m (2016: £147.2m). Underlying EPS grew 9% to 57.5p, and CKSN has a robust balance sheet, with £71.4m of net funds, up from £46.7m this time last year. CEO Andi Case says the solid cash position […]

Hargreaves Services; Profits Down 75%, Divi Up 58%

Hargreaves Services HSP warned in December that the half time figures would be bad and they are. Although like for like revenue for the 6 months to 30th November fell by only 2.2%, like for like profit before tax was down by 75% and underlying diluted earnings per share by 95.7%.  As is usual in […]