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Ian Pollard – Dairy Crest Well Ahead

Dairy Crest Group DCG Total revenue for the nine months to he 31st December is well ahead of the previous year as key brands produced a strong performance with revenue growth of 7%. Spreads continued to gain market share.

Wizz Air Holdings WIZZ Revenue for the quarter to the 31st December rose by 24% and passenger numbers were up by 24.3% to 7.1m.  Profit rose 3.6% to record levels but profit before tax was down by 56%. The fleet increased to 88 aircraft during the quarter. The airline is now the leading low cost airline in Central and Eastern Europe and opened its 145th destination at Athens.

3i Infrastructure 3IN The Board is delighted with the performance over the 3 months  to the 31st December as exceptional value was generated for shareholders. Net Asset Value is expected to have increased by 15% to 199p per share, helped by the sale of of investments in two companies which brought in gross proceeds of over £1 billion. In addition the portfolio is delivering strong income and the target dividend of 7.85p per share for the full year is expected to be fully covered.

Centamin CEY saw profit before tax decline by 16% for the year to the end of December whilst earning per share fell by 49% and EBITDA by 13%. A fall in gold sales, a drop of 2% in revenue, increased costs and the impact of the first full year of profit share all contributed to the problems but a finl divi of 10 US cents per share is to be proposed.

 

 

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