Dominos Pizza Grp DOM saw fourth quarter sales for the 13 weeks to the 30th December produce a strong performance in the UK but with some weakness internationally. Group organic system sales rose by 5.8% compared to 1.6% for international system sales. UK system sales rose by 6% and the company enjoyed its busiest week ever in the run-up to Christmas. For the statistically minded the Friday before Christmas broke all records with more than 535,000 pizzas sold, – equal to 12 every second. The UK delivered food market is described as vibrant is expected to grow at a compound rate of 8% a year to 2022.
Anglo American plc The value of rough diamond sales for De Beers’ first sales cycle of 2019 fell from $672m in the first cycle of 2018 to $505 million, due to higher than normal sales in the previous cycle (cycle 10 2018).
Crest Nicolson Hdgs CRST has faced some challenges in London and with sales at higher price points due to political and economic uncertainty which has adversely impacted customer demand. The impact is likely to continue pending Brexit resolution. Well that’s good at least it shows there is nothing wrong with management. its all due to external causes beyond their control.There is just one little problem in that pre tax profits fell by 15% to £176.4m. From memory I can not remember quite how that compares to the other housebuilders but perhap[s they were not quite as exposed to political and economc uncertainty or the impact of Brexit. It has however revented them from hiking the dividend which is being maintained at 33%. Forward sales were however up by 11% as at mid January.
Royal Mail Group RMG in the 9 months to the 23rd December the parcels business continued to perform well, with volumes and revenue both up 6% and GLS delivered another good performance with revenue up 13%. Total letter revenue fell 6% but overall group revenue rose by 2%. The outlook and other guidance for 2018-19 remain unchanged
PZ Cussons plc PZC On a like for like basis the figures for the half year to the 30th November were not all that brilliant. Cconditions in Nigeria remained extremely challenging and continued to have a significant negative impact on the overall Group performance.On a statutory basis revenue was down 10.4% and profit before tax by 20%. The interim dividend remains at 2.67p per share.