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National Express NEX is delighted to have again delivered a record-breaking set of results. Group revenue rose by 5.6%, profit before tax by 10% and basic earnings per share by 13.1%. It is again proposed to increase the final dividend by 10 per cent.. Growth in the UK was very strong at 12.6% compared to 6.4% in North America and a decline of 15.1% in German rail
CRH plc CRH 2018 was another year of record profit delivery, with basic earnings per share up by 33% and group profit by 31% for the year to the 31st December. Sales for the year rose by 6% and the final dividend is being increased by the same amount. For 2019 the US economy is expected to continue to advance at a similar pace to recent trends and with positive progress also continuing in Europe.
Mondi plc MNDI has produced a strong financial and a robust operational performance for 2018. Whilst revenue was up by only 5%, on an underlying basis EBITDA rose by 19%, operating profit by 28%, basic earnings by 27% and profit before tax by 25%. The recommended full year ordinary dividend of 76.0 euro cents per share, shows an increase of 23%
Bovis Homes BVS claims excellent operational progress and a 47% increase in profits for the year to the end of December. The first eight weeks of the new year have seen good demand with average sales per site per week up 15.7%. The Board is recommending a 20% increase in ordinary dividend for FY18 to 57.0 pence per share reflecting the strong performance and also its confidence in the outlook for the business. Further operational and financial progress is expected in 2019.
Hunting Titan HTG also delivered a record performance in 2018 as the US onshore market accelerated and sales volumes improved in other international operations. Ongoing commodity price and geopolitical volatility ensures that the company remains focused on the agility and flexibility of the business to respond to market conditions.
Howden joinery Group HWDN delivered another good performance in 2018 with sales increased by 7.7%, profit before tax up by 2.7% and basic earnings per share by 4.7%. The dividend is to be increased to 11.6p per share, a rise of 4.5%. Four new depots are to be opened in the Paris region but operations have ceased in the Netherlands and Germany from January 2019;