Hays helped by international business August 30, 2018 Hays reported a 15% jump in full-year operating profit to £243.4 million, which was slightly ahead of the £240.9 million expected by analysts. Net fees for the year ticked up by 12% to £1.07 billion. The core dividend and the special dividend were hiked by 18% each. The company had a ‘landmark year’ as it [...]
Persimmon produce stable 1H numbers August 23, 2018 Persimmon shares are higher this week after the company registered a strong set of first-half results on Tuesday. Revenue jumped by 5% and pre-tax profit rose by 13%. The average selling price of a new home rose by 1%, which is a slight decrease on the 1.2% growth achieved in the first-quarter. The underlying new housing [...]
Balfour Beatty keep bouncing back August 23, 2018 Balfour Beatty shares are higher since the company revealed a 69% jump in first-half operating profit last week. Revenue dipped by 8.5%, but higher margins and lower costs helped the company boost earnings. The interim dividend was upped by 33% to 1.6p, which admittedly isn’t a huge pay-out, but it highlights the company’s ability to [...]
Cineworld helped by US ticket sales August 9, 2018 Cineworld shares are in demand for the company reported a solid set of first-half numbers. The announcement today includes the numbers from Regal Entertainment – which Cineworld acquired earlier this year. Revenue and adjusted earnings jumped by 252.4% and 284.7% respectively, and on a pro-forma basis revenue jumped by 10.8%, while earnings rose by 14.1%. [...]
RBS declares first dividend in a decade August 3, 2018 RBS declared an interim dividend of 2p, pending the settlement with the US Department of Justice (DoJ). This announcement was a pleasant surprise, and projects a positive image about the firm’s financial health. The UK government is a majority shareholder in the bank, and the dividend will be welcomed by Westminster, but the pay-out will [...]
Sky post a solid set of figures July 26, 2018 Sky revealed a solid set of full-year results as earnings jumped by 9 per cent and like-for-like (LFL) revenue rose by 5 per cent. Average revenue per user held steady at £45. The company had a strong finish to the year as it added 20,000 new customers in the UK and Ireland. In the final three [...]
Trump’s in town, traders beware July 12, 2018 President Trump arrives in the UK today on his first UK state visit. The unconventional leader has been ruffling feathers, and has not been afraid to stand up for American interests. Theresa May will be on a charm offensive as the prime minister will be seeking a positive trading relationship with the US, especially with [...]
Ocado delivers mixed results July 10, 2018 Ocado revealed a mixed set of first-half results. Revenue rose by 12.1 per cent to £799 million, while EBITDA slipped by 13.9 per cent to £38.9 million. When you factor in depreciation, amortisation, impairments and net finance costs the company swung to a loss of £9 million. The CFO expects the full-year pre-tax loss to [...]
