Intertek Group ITRK is going from strength to strength, with consistent progress on strategy and performance leading to a 39.1% increase in the full year dividend. In 1918 revenue grew by 3.7% on a like for like basis at constant currency rates,. profit before tax was up by 8.3% and diluted earnings per share by 7.7%. Good organic revenue growth at constant currency is expected in 2019.
Ashtead Group AHT delivered a strong quarter in the 3 months to the 31st January. Underlying profit before tax and earnings per share rose by 18% and 34% respectively. whilst revenue was up by 19%. As a result, for the nine months to date revenue and underlying pre tax profit both increased by 18% at constant exchange rates.
Direct Line Insurance DLG delivered a strong set of results for the year to the 31st December driven by what it describes as its resilient business model which it claims, performed well in a highly competitive market. A final dividend of 14.0p, is announced, an increase of 2.9% on last year plus a special dividend of 8.3p.
Ibstock Brick plc IBST claims that the year to the 31st December was a busy year of development with profit before tax rising by 19.1% on revenue up by 7.9%. Statutory earnings per share rose by 17.5% but the final dividend remains unchanged at 6.5p making the 2018 full year dividend 9.5 pence per share compared to 9.1 pence per share for 2017. Market fundamentals remain encouraging for the medium term, says the CEO
Netcall plc NET has seen strong sales momentum continue into the second half with order inflow significantly ahead of the same period last year. Profit before tax for the six months to the 31st December leapt by 49% on revenue up by 6%. Revenues for the full year are expected to be more weighted toward the second half, as Cloud services growth accelerates.