Ian Pollard – Royal Mail #RMG Executives Struck Dumb

Royal Mail plc RMG finds plenty to highlight in its interim results for the half year to the 23rd September. A rise of 1% in revenue is one of the best. Apart from that, underlying adjusted profit before tax was down 27 per cent and·  adjusted basic earnings per share fell by about a third […]

Ian Pollard – Ocado Slumps To Half Year Loss

Ocado OCDO The 26 weeks to the third of June was a transformational period for Ocado, claims the CEO but perhaps not the sort of transformation which every company would welcome. Group EBITDA fell by 13.9% and 2017’s first half profit before tax of £7.7m was transformed into a loss of £9m.for the current year. […]

Persimmon – Clouds On The Horizon ?

Persimmon PSN has been having a rough time during the past few months. In April its shares fell 6% on worries about slowing sales and then between 24th and 27th June its share price fell off a cliff after the referendum results with a two day decline of about a third, leaving it at £14 […]