BT Group plc BT.A claims that positive momentum in the second quarter resulted in encouraging results for the half year to the 30th September.That may be so but you will have to take BTs word for it because the update is riddled in jargon that much of it is meaningless to anybody who has not spent a lifetime working for BT, where Engliish now appears to have become a foreign language. Thus you will be delighted to know (inter alia) that group NPS is up 3.6 points and Right First Time up 2.7%, whilst consumer fixed ARPU is up 1%.
Getting back to the real world, reported revenue of £11,588m was down by 2% and adjusted revenue by 1%. Despite that reported profit before tax rose by 24% and basic earnings per share by 29%. The interim dividend has been reduced by 5%
Just Eat plc JE. now anticipates full year revenues will be towards the top end of the £740 to £770 million range, after a strong third quarter which saw revenue rise by 41%. Over the nine months to date the rise was 44%. International order growth was particularly strong, with new restaurant partner sign-ups across major cities.
Croda International plc CRDA The sales momentum seen in the first half of the year has continued into quarter three. Constant currency sales grew by 3.4%, with the Core Business up by 4.5% after a strong performance in the consumer businesses. Growth in Core Business for the year to date has been 4.7%. Constant currency sales were 4.2% higher and the quarter 3 sales reflected the strength of sales in Health Care.
Biome Technologies plc BIOM Group revenues for the nine months to 30 September 2018 showed a 56% increase over the same period last year. At the end of quarter 3, year-to-date Group revenues already exceed those for the whole of 2017. The progress made during the first half of the year has continued into quarter3 and the Board expects this momentum to continue for the remainder of the year.
Elektron Technology plc EKT produced an exceptional third quarter performance with with sales at record levels after rising by 17%. The Board now expects that the full year performance will be significantly ahead of market expectations.