Home » Posts tagged 'easy hotels'
Tag Archives: easy hotels
Mulberry MUL claims it is delivering on its strategy, in which case it should perhaps get a new one. Retail sales for the half year to the 30 September rose by 2% but on a like for like basis they fell by 1% with both UK and International retail sales sliding. Demand from London tourists was said to be strong but the UK as a whole was uncertain. The loss before tax at £0.5m. was almost identical to last years £0.6m. The long term objective is said to be to grow Mulberry as a luxury global brand. That is what most people always thought it was. The lack of growth and mundane performance cast doubts
Saga plc SAGA as soon as one sees that a company has been reduced to using those two dreaded words “impacted” and “headwinds” you know that there’s trouble at mill and Saga is no exception. With only between 1 and 2% growth in underlying profit before tax expected for the current year to 31st January 2018, the growth forecast for next year is that underlying profit before tax will be down by about 5% despite strong trading in travel which will be outweighed by challenging trading conditions in insurance broking and the collapse of Monarch Airlines.
Easy Hotel plc EZH The year to 30th September was a year of strong progress with a 39% rise in revenue and 48.3% in adjusted EBITDA. The costs of an expanding development programme or “pipeline” as those with a preference for jargon, would call it, resulted in a 21.1% drop in profit before tax and 50% in earnings per share. The dividend remains unchanged at0.33p per share.
Oxford Metrics OMG is delighted with its strong performance in the year to 30th September and the final dividend is to be increased by 20% to 1.2p per share after adjusted profit before tax came in ahead of market expectations following the planned investment in Yotta.. Like for like group revenue was up by 10% or 7% on a constant currency basis.
1PM PLC OPM updates that revenue for the half year to the 30th November will show a 73% rise and profit before tax will increase by 70%. The strong trading momentum has continued and is consistent with market expectations for the full year to the end of May.
Countryside Props. CSP produced strong growth in the year to the end of September which is not surprising with completions up 20% on top of which it managed to impose a swingeing 21% rise in average private selling prices, to £465.000. Adjusted operating profit rose by 40%. Current trading is robust with sales rates and values both above year end levels. The private year end order book is at record levels after a rise of 64%. A final dividend of 3.4% is proposed.
Eckoh ECK Revenue during the 6 months to 30th September rose by 57% and gross profit by 25% despite being impacted by a £0.6m loss incurred by a discontinued division of Eckoh’s US subsidiary, PSS Inc. US operations now account for 30% of group revenue after rising from £31,000 to £4.0 million. The second half year is expected to be strong.
Cranswick CWK is raising its interim dividend by 12.9% after rises of 38.4% in statutory profit before tax and 30.8% in statutory earnings per share. for the half year to end September. Results were helped by a strong contribution from Crown Chicken which was acquired in April and also by strong performances in key export markets, with Far East revenues rising by 83%
Treatt plc TET claims a strong performance in the year to the end of September and is increasing its total dividend by 8% to 4.35p, after an 11% rise in adjusted profit before tax. Basic earnings per share were up by 8% but revenue showed only a modest rise of 2%
Easy Hotels EZH 2015/16 was a transformational year which saw a rise of 38.4% in profit before tax and 40% in basic earnings per share. Total revenue was up by 8.7%. 1527 rooms are now in developments and 576 new rooms will be added by early 2018 with the opening of 5 new hotels.