Home » Posts tagged 'topps tiles'
Tag Archives: topps tiles
Brand CEO Alan Green talks markets,EU, Cranswick (CWK) & Topps Tiles (TPT) with Jenny Hammond on TipTV.
Brand CEO Alan Green talks markets, the EU, Cranswick Plc (CWK) and Topps Tiles (TPT) with Jenny Hammond on TipTV.
Tesco Blows A Trumpet or Two
Tesco TSCO blows a fanfare of trumpets over today’s interim results and when one considers that over the past two years prices have fallen by over 6%, it is perhaps right to do so. It claims significant progress in the first half with positive like for like sales and volume growth in all regions. UK and International sales volume grew by 2.1% and3.3% respectively. Operating profit rose by 38% and net debt fell by 49.3% year on year. On the statutory basis profit before tax was down by 28.3% but for the full year Tesco expects it will turn in an operating profit of £1.2bn before exceptionals.
Topps Tiles TPT claims record sales for the year to the 1st October despite a slowdown in the fourth quarter caused by weaker market conditions and the decision to exit from low margin wood flooring. These reduced like for like sales by 1.9%. leaving a rise for the quarter of 1.4% compared to the headier rises of the first three quarters. For the full year a healthy like for like rise of 4.2% is anticipated.
Gooch & Housego GHH is enjoying a positive trading environment in its second half, which has produced a robust order book standing 10.5% higher than it was a year ago, excluding recent acquisitions, which makes the company well placed for further growth.
Beachfront Property For Sale In The Greek Islands – visit; http://www.hiddengreece.net
Tobacco Sales Drop Sharply at Bookers
Booker Group BOK has seen tobacco sales drop substantially in the face of the latest set of display restrictions, whilst non tobacco sales have been hit by food price deflation. Like for like tobacco sales for the 12 weeks to the 17th June were down by 7.7% and non tobacco fell by 0.7%. Total group sales rose by 10%. Shareholders will be rewarded with a proposed payment of 3.2p per ordinary share by way of return of capital.
Pure Circle PURE expects a 9% increase in 2016 sales and future orders have increased but apart from that today’s update makes for strange reading. Planned customer launches have been delayed into 2017 and problems with US customs appear to be still ongoing to the extent that they have not been resolved, despite release of the shipments detained in May. The CEO says the business model is robust and he is confident that profitability will improve but then come the warnings that there will be continued volatility in the development of the business and sales growth will be uneven.
Topps Tiles TPT has shown healthy growth during the 13 weeks to the 2nd July with like for like sales up by 6.2% on 2015, although the figures have been skewed slightly by Easter moving about a bit.
easyJet plc EZJ June passenger figures rose by 5.8% and the load factor by 1.44pp but on a rolling 12 month basis the load factor rose only a smidgeon by 0.3pp
EKF Diagnostic Holdings EKF expects that after a difficult 2015, the half year to the end of June will be ahead of both budget and expectations. First half revenue is expected to exceed £16.5m and no impact is expected from Brexit.
Find Villas & Houses For Sale In Greece; http://www.hiddengreece.net
Aveva Hikes Dividend As Profits Collapse
AVEVA AVV The final dividend for the year to 31st March is being hiked by 20% after a 46% collapse in profit before tax. This fairly logical step follows revenue for the year to 31st March declining by 3% and basic earnings per share falling by 51%. Aveva would have us believe that this superb performance is due to strong customer relations, the strength of its business model and its disciplined approach to efficiency. Those of us who are still on planet earth, may have their doubts.
Entertainment One ETO is increasing its final dividend for the year to the end of March by 9%, in line with the rise in reported profit before tax. EBITA was up by 20% but diluted earnings per share fell by 23%. TV & Family enjoyed strong organic growthFilms was weak with revenue down 7% and underlying EBITDA down 28%. The Film division is to be punished with a wide ranging restructuring programme. Despite Films problems, the company is still on track to double the size of the business by 2020.
De La Rue DLAR Seems to have benefited from the disposal of its loss making bits and pieces which has helped to make the figures from the remaining bits and pieces look better. Like for like figures for the year to 26th March show revenue up by 7% and underlying profit up by 2% or 35% if you prefer your profits on a reported basis. It expects to be able to mitigate the ending of a material contract and one positive sign is that the 12 month order book is up by 62%. It has not quite got its head round the fact that “a10% net headcount reduction” means a10% reduction in the number of headcounts and not in the number of heads but we know what they are trying to say even if they have not quite got the English to say it correctly.
Topps Tiles TPT continues its recovery with profit before tax up by 11% and earnings per share by 12.2% for the half year to the 2nd April. Like for like revenue grew by 4.7% and the second half has started even more strongly with like for like sales up by 8.4% in the first seven weeks.
The interim dividend is to be increased by 33.3%.
Find Beachfront Property For Sale In Greece; http://www.hiddengreece.net