DS Smith says trading positive September 6, 2011 BRITISH packaging and office products company DS Smith said its first-quarter trading was good, driven by a successful acquisition and resilience in the fast-moving consumer goods market, and said it was confident in trading outlook for the year. The producer of recycled packaging said like-for-like volumes in corrugated packaging were up three per cent and [...]
Profits climb at Laura Ashley despite consumer slowdown September 8, 2011 LAURA Ashley said it was on track to meet its expectations for the year after doubling the interim dividend and reporting a 28 per cent rise in first-half adjusted pre-tax profit. The furniture and clothing company said yesterday that all its product categories except home accessories showed positive like-for-like sales growth in the period. “While [...]
Profits climb at Laura Ashley despite consumer slowdown September 8, 2011 LAURA Ashley said it was on track to meet its expectations for the year after doubling the interim dividend and reporting a 28 per cent rise in first-half adjusted pre-tax profit. The furniture and clothing company said yesterday that all its product categories except home accessories showed positive like-for-like sales growth in the period. “While [...]
Dixons warns on profit as UK trade worsens March 30, 2011 The UK’s No.1 electricals retailer Dixons has issued a profit warning, becoming the latest store group to report worsening trade as shoppers are hit by rising prices and government spending cuts. Dixons, which runs the Currys and PC World chains, said profit before tax and one-off items for the year ending April 30 was likely [...]
Dixons warns on profit as UK trade worsens March 30, 2011 The UK’s No.1 electricals retailer Dixons has issued a profit warning, becoming the latest store group to report worsening trade as shoppers are hit by rising prices and government spending cuts. Dixons, which runs the Currys and PC World chains, said profit before tax and one-off items for the year ending April 30 was likely [...]
Consumer confidence clouded June 15, 2010 The election and the prospect of an emergency budget sent consumer confidence plummeting to its lowest level in almost a year in May, according to a survey by Nationwide Building Society. Nationwide’s consumer confidence index fell to 65 in May, the lowest reading since June last year, from an upwardly revised reading of 75 in [...]
Consumer confidence clouded June 15, 2010 The election and the prospect of an emergency budget sent consumer confidence plummeting to its lowest level in almost a year in May, according to a survey by Nationwide Building Society. Nationwide’s consumer confidence index fell to 65 in May, the lowest reading since June last year, from an upwardly revised reading of 75 in [...]
Whitbread beats target and hikes dividend October 18, 2011 Britain’s biggest hotel and coffee shop operator Whitbread reported higher-than-expected first-half pre-tax profits and ramped up its interim dividend by over 50 per cent. Whitbread, which operates the Premier Inn and Costa Coffee chains, said underlying pre-tax profits rose by 15.2 per cent to £174.9m in the six months to 1 September against a consensus [...]
Whitbread beats target and hikes dividend October 18, 2011 Britain’s biggest hotel and coffee shop operator Whitbread reported higher-than-expected first-half pre-tax profits and ramped up its interim dividend by over 50 per cent. Whitbread, which operates the Premier Inn and Costa Coffee chains, said underlying pre-tax profits rose by 15.2 per cent to £174.9m in the six months to 1 September against a consensus [...]
A week full of stock results: what to watch October 10, 2011 TO say we live in interesting economic times would be an understatement. Confidence is low and money is tight. And retail stocks often show investor nerves more prominently than other markets. But it isn’t all bad news: volatility in the market can serve to make the life of the spread better more exciting. So with [...]