Unilever Ice Cream Sales Melt In Europe

Unilever plc ULVR Reports that emerging markets drove third quarter sales growth with underlying sales up by 2.6% and, over nine months, by 2.8%. Total third quarter turnover however was down by 1.6% after a 5.1 % currency impact. Developed markets were a problem and remained challenging, with turnover, led by of all things, ice […]

Pearson Gives Notification of Exit & Other Nonsense

Pearson PSON has brought out a new literacy programme which management has obviously not read.  Had it done so they could have written their 9 month interim management statement in something like English instead of nonsense such as “some 3,600 Full Time Equivalent employees have been notified of exit.” – and this from a purveyor […]

Taxpayer Subsidy Keeps Barratt Shareholders Happy

Barratt Developments (BDEV) admits, that like all the house builders, one of the two main factors keeping its shareholders happy, is the government subsidy to first time buyers. But elections have to be won one way or another, so the government is hardly likely to try and restore a bit of sense to the market, […]

Tristel (TSTL) Fourteen Fold Dividend Increase in Two Years

Tristel shares yesterday rose a further 10p to 115p after publication of annual results, which pleased the markets. The results had partly been anticipated as the shares had already risen over 10% from 95p, since the 5th October. Two years ago the shares could be bought for 25p. In 2014 dividends rose fourfold from 0.4p […]