Ben Hardy on EastEnders and his new LGBTQ film Unicorns: We’re all multi-faceted. Why stick to one label?
BEST OF THE BROKERS February 1, 2012 BABCOCK INTERNATIONAL Numis upgrades the engineering company from “add” to “buy” with a target price of 870p after a management statement that was largely in line with expectations. The broker expects organic growth of around five per cent for the current year, which it sees as a strong performance when compared to the rest of [...]
Enterprise Inns rockets on steady revenue rises February 9, 2012 ROBERT Walker, the chairman of Travis Perkins, was appointed chairman of Enterprise Inns yesterday as the UK’s biggest pub landlord revealed revenue increases. Average income per pub grew one per cent on a like-for-like basis for the 18 weeks to 4 February, while the average pub upped profits by five per cent. Beacon delivered the [...]
CITY MOVES | WHO’S SWITCHING JOBS February 26, 2012 Pace Pace has appointed Roddy Murray as its new chief financial officer as part of chairman Allan Leighton’s overhaul of the ailing set TV top-box maker. The firm, which issued a string of profit warnings last year, said Murray will take over from Stuart Hall on 6 March, who is leaving after five years in [...]
THE WEEK AHEAD February 20, 2012 Today At this morning’s results for Bluetooth technology firm CSR, investors will be looking at how much value the company’s acquisition of peer Zoran in August last year brings. CSR is guiding that revenue for the first quarter will be between $230m and $250m (£145m and £158m), but analysts have a more cautious forecast of [...]
Travis Perkins’ market share up as sales rise May 9, 2011 DIY retailer Wickes, owned by Travis Perkins, yesterday said its sales and market share were on the rise. Wickes’ like-for-like sales were up 1.9 per cent over the four months to 30 April, while gross margins improved. The company has weathered the market better than Focus DIY, which went into administration last Thursday. Travis Perkins, [...]
BEST OF THE BROKERS August 21, 2011 CREDIT AGRICOLE Deutsche Bank rates the bank “hold” with a target price of €11.70 (£10.23), down from €14. The broker expects net income of €350m at its quarterly results on Thursday, a big drop compared with earlier this year due to an €850m charge linked to its Greek business. While Credit Agricole is one of [...]
ANALYST VIEWS: WHAT IS THE OUTLOOK FOR TRAVIS PERKINS IN 2011? February 23, 2011 JOHN MESSENGER | RBS With year to date trading positive and its starting valuation undemanding ahead of potential consensus upgrades if market share gains continue, we re- iterate our ‘buy’ rating. The full-year dividend at 15p is in line, net debt at £774m is below our estimates. KEVIN LAPWOOD | SEYMOUR PIERCE All in all [...]
ANALYST VIEWS: WHAT IS THE OUTLOOK FOR TRAVIS PERKINS IN 2011? February 23, 2011 JOHN MESSENGER | RBS With year to date trading positive and its starting valuation undemanding ahead of potential consensus upgrades if market share gains continue, we re- iterate our ‘buy’ rating. The full-year dividend at 15p is in line, net debt at £774m is below our estimates. KEVIN LAPWOOD | SEYMOUR PIERCE All in all [...]
Travis Perkins sees profit lift by 20pc February 23, 2011 Travis Perkins reported adjusted pre-tax profit up 20 per cent to £217m in the year to the end of December. Revenue was up eight per cent at £3.153bn five per cent at the builders’ merchants. Net debt reduced by £205m to £774m. A final dividend of 10p per share will be paid, making a total [...]
Wolseley sells two more low earning firms July 25, 2011 BUILDERS merchant Wolseley said it had agreed to sell two of its underperforming businesses to French rival Saint-Gobain for a total £310m yesterday. The world’s biggest plumbers and building merchant said Saint-Gobain would buy its UK building materials distribution business Build Center for £145m and was in exclusive talks to buy its French plumbing and [...]