JD Sports Fashion JD claims excellent progress with another record half year for the 6 months to the 30th July. Profit before tax leapt by 73% on revenue up by 20%. Earnings per share rose by 63% and the interim dividend is being increased by by 4.2% to 1.25p. International development of the business continues with a further 20 new stores across Europe.
Hilton Food Group HFG Despite challenging market conditions, profit before tax rose by 26.7% in the 28 weeks to the 17th July, earnings per share were up by 28% and the interim dividend is increased by 12.2%. Sales rose by 9% and the company’s internatyonal presence was further strengthened by a new agreement in Portugal, additions to the range of supplies in Sweden and the opening on time of its new Australian facility. Hilton also benefited from foreign exchange movements.
Ocado OCDO Group sales for the 12 weeks to the to the 7th August rose by 15.4% and the average number of weekly orders was up by 18.9%, as the company’s performance showed strong steady growth with the best volume performance in five years. Sustained pressure on margins is good news for the consumer and this is going to continue beyond the short term.
Futura Medical FUM After last weeks heady rise when the shares tripled in a day, the share price is beginning to return to more sensible levels and now stands at 73.90p down from last Thursday’s closing price of 92p. The company has announced this morning that the estimated annual sales potential of MED2002 is in excess of $500m, in addition to which CSD500, another of its stable of new drugs, will have its first partner laucnh, later this year.
Good Energy Group GOOD has a target of a fivefold increase in sales of 100% renewable energy by the end of 2020, as against the governments target of doubling renewal energy usage by the same year. Good Energy is keeping well on target with a 40% rise in revenue for the 6 months to the end of June and basic earnings per share for the half year up by 217%. Profit before tax rose by 164%