Ian Pollard – Clarkson #CKN Challenged By Headwinds

Clarkson plc CKN   Despite a challenging start to the year Clarkson produced a robust performance for the year to the end of December.Underlying profit before tax fell by 10% and earnings per share declined from 116p to 105p.The CEO is happy with this as it enables the dividend to be increased by 3% making it  […]

Ian Pollard – Barratts #BDEV outstanding pedestrian year

Barratt Developments BDEV’s performance for the year to the 30th June was positively pedestrian compared to yesterdays results from Redrow but that does not stop Barratt claiming it has had another outstanding year with a strong operational and financial performance and its highest volumes in a decade. The increase of 4.7% in the final dividend, […]

Barratt, Eddie Stobart, Robert Walters and Wetherspoons all upbeat

Barratt Developments BDEV is upbeat on trading, and reports total completions of 17,395, the highest level of completions in nine years. PBT is expected to beat current expectations at around £765m (2016: £682.3m), and year end net cash balance of around £720m is also ahead of guidance, driven by strong performance and the timing of […]

Redrow Expects “At Least” 22% Rise In Profit Before Tax

Redrow RDW as a result of its record order book, trading and performance in the second half of the current year continues to be robust and has enabled the company to increase its average selling prices more, or as they put it, “better” than expected. Profit before tax for the year to the end of […]

XAAR – Defying China

XAAR (XAR) specialises in inkjet printing technology and is a world leader in industrial inkjet print heads. In September 2013 its shares reached an all time high of 1150p and then collapsed to 220p., losing 80% of their value in the 12 months to September 2014. The company took immediate action to overcome the challenges […]