ANALYST VIEWS: WHAT DO THE RESULTS MEAN FOR INVESTORS?
MORTEN SINGLETON | INVESTEC
Results headlines look absolutely fine. The headlines all came in at or above consensus expectations. The full-year dividend has been held at 4.5p despite some anticipation in the market of a possible cut. There are no major catalysts here, but no disasters either.
KEITH BOWMAN | HARGREAVES LANSDOWN
Overall there wasn’t a great deal of excitement in there but no major disappointments either, which has allowed investors to breath a sigh of relief after a bit of a rocky patch which has effectively seen a couple of profit warnings. There is also some improvement in free cashflow.
MANOJ LADWA | ETX CAPITAL
Cable and Wireless Worldwide impressed on all fronts as it comfortably exceeded all analyst expectations. Bolstering its US operations with a new senior hire will allow the business to shift some focus from the UK where it derives the bulk of its revenue.