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BP plc (BP.) 2017 was one of the strongest years in BP’s recent history and on the exploration front it was the most successful since 2004. Underlying profit rose by 139%. Underlying replacement cost profit soared both for quarter 4 and for the full year. For the quarter it rose five fold from $400m. to $2.1 bn whilst for the year it was up from $2.1bn to $6.2bn
easyJet plc EZJ January passenger figures rose by 8.7% and the load factor was up by 2.2pp to 88.4% which well down on the 12 month rolling figures of 93.2% and 91.5% for January 2018 and 2017
Babcock Intnl Group BAB is on track to achieve another record year after continuing to make steady progress in the period to the 31st January. Revenue will be slightly lower than expected at between 5.3 and 5.4 bn
Softcat Trading SCT Trading has been strong across all segments in the 6 months to the 31st January and is ahead of the boards expectations. Gross profit and adjusted operating profit grew by approximately 22% and 19%.
Amino Technologies plc AMO is increasing its final dividend by 10% for the year to the 30th November, the sixth consecutive year of dividend increases. Adjusted profit before tax rose by 10% and basic earnings per share by 12%. The company has a strong sales pipeline for 2018
Wall Street in Crisis For those who will never understand stock market psychology, the crisis on Wall Street which is being copied this morning in the City, is being caused, believe it or not by the success of the US economy. So whether its the Great Depression of the thirties or the Great Boom you cant win !