Dixons Car Phone DC now expects pre tax profits to be slightly ahead of consensus after a strong Xmas and a record Black Friday. For the 10 weeks to 9th January group like for like revenue rose 5% with southern Europe leading the way for once with a rise of 9% and market share being increased in all territories.
EasyJet EZJ claims to be benefiting from lower fares as the number of passengers carried in the first quarter rose by 8.1% after a capacity rise of 7.3%. Load factor was up by 0.6% to 90.3%. Travel in November and December was affected by the tragedies in Paris and Egypt and revenue per seat fell by 3.7% but costs per seat fell by the same amount, helped by falling oil prices, which were partly offset by currency movements.
Crest Nicholson CRST describes its results as “outstanding” as it continues to benefit from the housing boom. The final dividend is to be raised by 38% to 19.7p, after a 32% rise in pre tax profits. Sales revenue rose by 26% on volume up by a comparatively meagre 8%, as the company continued to impose inflation beating price rises. Earnings per share were up by 25%.
Carpetright CPR enjoyed its 9th consecutive quarter of like for like sales growth with a rise of 2.4% over the 12 weeks to 23rd January. Sales in the last 4 weeks of the quarter were particularly strong with a like for like rise of 6% Total sales for the quarter however were down by 1.3%.
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