Home » Posts tagged 'sn.'
Tag Archives: sn.
Smith & Nephew Expects Full Year at Lower End Of Guidance
Smith & Nephew SN does not have much to say for itself in its third quarter update except that after a rise in revenue of only 3%, the outlook for the full year is that it will now be at the lower end of guidance range.
TP ICAP plc TCAP admits that it is not looking forward to quarter four’s revenue figures as trading conditions are expected to remain challenging after quarter 3 produced only modest growth of 3% compared to the first nine months of the year produced 9% growth. The Chief Financial officer is leaving the Board immediately with out waiting for a successor to be found. A temporary successor has been appointed although the present occupant has agreed to stay until the end of year if only to help with a smooth transition.
H&T Group HAT The strong trading performance seen in the first half has been maintained in the second half and full year profit before tax will be above market expectations.
Northamber NAR The Chairman’ optimism over positive and worthwhile progress at the time of the interim results in March, has evaporated after revenue for the full year suffered what is described as a “slight’ loss of over 10%. However, the second half decline was not as severe as that in the first half and the pre tax loss for the full year has decreased substantially from £1,2330,000 to £999,000.
Luxury villas & houses for sale in Greece http://www.hiddengreece.net
Smith & Nephew Raises Dividend 20% as Growth Slips
Smith & Nephew plc SN. proposes to increase its full year dividend by about 20% at current exchange rates following a fourth quarter fall in reported revenue of 3%. The CEO admits that 2016 growth of 1% in reported revenue was lower than the company wanted and blames market conditions in China & the Gulf States with headwinds and foreign exchange movements also getting their fair share of criticism. 2017 is expected to produce stronger growth, with reported revenue anticipated to rise by between 1.2% and 2.2%.
Thomas Cook Group TCG describes its first quarter performance to 31st December as solid, with revenue up 1% helped by growth in holidays to Spain and long haul destinations and Greece showing particular strength with a rise of 40%. Summer bookings are 9% ahead of last year with 31% already sold and digital is spurting ahead with growth of 20%. There is however some caution about the uncertain economic and political outlook for the rest of the year.
Boohoo.com BOO has agreed to acquire he assets of Nasty Gal, who/which, it says offers exciting opportunities to accelerate its international offering. The deal is due to be concluded on the 28th February.Watch Full Movie Online Streaming Online and Download
Enterprise Inns ETI is to change its name by removing the Enterprise and becoming plain Ei Group which sounds like it was dreamed up by a committee of accountants who hadn’t a clue as to the importance of enterprise in a company. In the 18 weeks to the 4th February, like for like net income rose by 1.6%
Tate & Lyle plc TATE Expects that its full year performance in constant currency will be modestly ahead of expectations at the half year mark. The quarter to 31st December saw profit in both divisions ahead of the previous year.
DFS Furniture DFS Gross sales rose by 7% in the half year to 28th January as the good times continued. The company expects to be able to announce a a proposed special dividend at the end of March but warns that the furniture industry faces increased risk of a market slowdown in 2017 because of the uncertain outlook for consumer confidence.
Villas & houses for sale in Greece – visit; hiddengreece.net
Curates Eggs For Breakfast Today
Morrisons MRW brings good news for the consumer if not for itself, with price deflation in the quarter to 1st May reaching 2.6% and expected to continue. Compared to quarter 1 2015 Morrisons has done well. Like for like sales this year were up by 0.7% or 1.2% including fuel compared to last years falls of 2.9% and 6.6% respectively, although this years like for like figures have been helped by store and convenience shop closures. What is not a good sign is that items per basket fell by 2.8%.
Rolls Royce RR expects first half results to to be close to breakeven but does not enlighten us as to whether that will be positive or negative. Better things however, are promised for the second half.
Smith & Nephew SN has had a mixed first quarter, with Established Markets growing by 6%, led by by its largest market, the US with 8%. Emerging markets on the other hand fell by 6%. Weakness was felt in China and in the Gulf states there was a significant slow down. Sports joint repairs were up by 11% and knee implants proved as popular as ever, as the medical profession throughout mainland Europe continued happily on the gravy train of advising its unwitting patients to undergo unnecessary knee replacement surgery. Latest figures show that half of such operations in the US are completely unnecessary and are of benefit only to the medical profession.
IMI plc IMI expects first half revenue to decline at the same rate as in 2015 with a pick up promised for the second half. Revenue for the quarter to 31st March fell by 4% despite the favourable impact of exchange rate movements. In Critical Engineering Markets were challenging during the quarter and orders from some customers were delayed.. Precision Engineering did even worse with a fall of 7% but Hydronic Engineering prospered by comparison with good revenue growth, due to new products having a notable impact.
Find Beachfront Property For Sale In Greece; http://www.hiddengreece.net