Home » Posts tagged 'inf'
Tag Archives: inf
Ian Pollard – European Air Traffic Control Hits Wizz Air #WIZZ
Wizz Air Holdings WIZZ Profit for the first quarter to the 30th June fell 14% from 58.1m. to €50.0 million, compared to 2017 reflecting the timing of Easter and the effect of higher than expected disruption costs. Passengers carried rose by 19.7% and revenue by17.9% but profit margins were down by 3.3ppts from 12.4 to 9. Disruptions caused mainly by European air traffic control,were at an unprecedented levels and led to a 426% increase in cancellations. Passenger delay and compensation costs incurred by the Company, as a result, increased by 203% to €9.1m
Vodafone Group VOD Revenue fo the first quarter to the 3oth June fell by 4.9% due to foreign exchange headwings and the the adoption of IFRS 15.India was the groups worst performer with a fall of 22.3% due to intense competition. On the commercial front momentum was maintained as mobile data traffic grew by 57%. Italy and Spain also suffered from increased competition but the UK saw some recovery and there were gains in broadband. Operating costs were reduced for the third year running.
Croda International CRDA delivered a strong performance in the six months to the 30th June with record profit before tax and basic earnings per share. The interim dividend to be raised by 8.6% from 35 to 38p. per share.. All 3 business did well with excellent sales growth of 9.3% at constant currency in Personal Care. In Life Sciences the performance was resilient with sales up 2.3%. Profit growth in Performance Technologies is described as impressive with operating profit up 15.2% on sales up 1.7%, at constant currency rates. On an adjusted basis, basic earnings per share rose by 12% and profit before tax by 7.7%. Sales increased by 3.6% after the impact of stronger sterling.
Informa INF continued to deliver a good trading performance with strong growth continuing during the half year to the 30th June. The interim dividend is to be increased by 6%.with the company claiming to be firmly on track for another year of growth in revenue, adjusted operating profit, adjusted earnings, cashflow and dividend.
Beachfront property for sale in Greece; http://www.hiddengreece.net
Ian Pollard – ITV – 7% Organic Growth, Excluding Currency!
ITV PLC ITV If you can bother to fight your way through the meaningless jargon with which the preliminary 2017 results are littered you may end up with an idea that Carolyn McCall and her team are very pleased with themselves. They should be because one of their star achievements has been to produce 7% organic growth excluding currency. Not many companies can manage that. For the future they are excited that they have a strategic refresh underway and not only that, they are very focused on it. The main headline is that they produced a strong operational performance which included such successes as falls of 10% in statutory profit before tax, 9% in statutory earnings per share, 6% in adjusted earnings per share and 5% in adjusted EBITDA. External revenue did show a rise of 2% driven by double digit growth in non NAR. Revenue for ITV studios rose by 13%. Family SOV was up by 2% and online viewing continued to grow strongly with a rise of 39%. All this was achieved despite the impact of an uncertain economic environment. The board has decided not to pay a special dividend because there have been five and also because the dividend is now more normal. Make what you like of that, Presumably they know what they mean. The final dividend , presumably the “more normal” one, is to be 5.28p, leading to a full year dividend increase of 8% to 7.8p per share.
Informa plc INF The year to the 31st December saw growth in all four divisions leading to a 30.7% rise in revenue. The adjusted profit before tax rose by 29.4% and the final dividend is to be increased by 6%.
Taylor Wimpey TW 2017 was another strong year with revenue up by 7.9% and profit before tax rising by 10.7% profit for the year. Basic earnings per share fell by 6.1% and he average selling pice was increased by 3.5%. A good start has been made to 2018 and he order book is strong.
Safestyle plc SFE The Board’s worries for 2018 which were explained in detail in December have now been exacerbated by the impact of what it describes as an aggressive new entrant into the market. Order intake for 2018 has been disappointing and below its expectations. Group revenue and underlying profit before tax will now be materially below both 2017 and current market expectations.
Find beachfront villas & houses for sale in Greece; http://www.hiddengreece.net
Victoria Oil & Gas Turns A Loss As Gas Sales Surge
Victoria Oil & Gas VOG claims that its preliminary results for the year to 31st December show excellent progress, led by an outstanding 24% rise in gas sales from $21.4m to $ to 32.8m. The year was particularly successful at the operating level with EBITDA at $13.1m compared to the previous years $8.5m. whilst the net loss of $31.1m. compared to a $1.6m profit in the previous year, which covered only the 7 months to 31st May 2015. The loss does not apparently merit an adjective to describe it and is blamed mainly on write downs and provisions for a land claim at Logbaba
Informa plc INF remains on track for a fourth consecutive year of growth in revenue, earnings and cashflow. Most divisions are experiencing good growth and trading and continued improvements have been achieved in performance and delivery for the first four months of the year.
The Restaurant Group RTN Like for like sales for the 20 weeks to the 21st May fell by 1.8% and total sales by 1.5% which is at least better than 2016’s decline of over 3%. The current year is described as a transitional year and it certainly needs to be with last year having produced a sizeable loss after 2015’s profit of £86.8m. The outlook for the remainder of the year does not look too promising with growth in passenger numbers and cinema admissions expected to moderate.
Intertek Group ITRK is on track to meet its 2017 targets with refenue for the first four months of the year up by 14.2% at actual rates or 1.8% at constant rates. Organic growth of 0.9% is described as solid and exciting growth opportunities which the company is uniquely positioned to seize, have been identified.
Luxury Villas & Houses For Sale In Greece; http://www.hiddengreece.net