Hints and tips:
...The last UK national to be director-general was the physicist Professor Sir Christopher Llewellyn Smith, who stepped down in 1998....
...Analysts at Peel Hunt, however, point out that this still amounts to a 45 per cent year-on-year increase. The broker duly reiterated its 60p target price....
...Analysts at Peel Hunt said that “in the short term, pro forma online revenue is likely to decline further”....
...The programme’s finale was Ben Duke’s White Hare danced and acted by Christopher Akrill and Valentina Formenti to Jethro Cooke’s musical collage supplemented by frogs and cicadas....
...Broker Peel Hunt, which has just started coverage of THG, said it would like to see “more disclosure” of information from across THG’s three operating divisions....
...Broker Peel Hunt said in a less-than-sanguine note that “with the concerns being so fundamental, it is hard to be categorical on [Watches of Switzerland] shares”....
...HOLD: Tui (Tui) Europe’s biggest tour operator has pivoted to a profit after several difficult years, writes Christopher Akers....
...BUY: Whitbread (WTB) Supply and demand dynamics are playing in the company’s favour, writes Christopher Akers....
...Peel Hunt is expecting adjusted earnings per share of 18.6p in 2024, giving a price/earnings ratio of 27....
...Broker Peel Hunt expects Alfa’s profits to slip slightly in 2023 before returning to growth in subsequent years....
...BUY: AG Barr (BAG) Cost pressures hit margins, but revenue and profit progress demonstrate the strong brand equity on offer, writes Christopher Akers....
...BUY: Tesco (TSCO) Shoppers may be trading down, but that still presents opportunities for the company, writes Christopher Akers....
...House broker Peel Hunt said after the results that the company enjoys “a current trading position that defies much of the sector gloom”....
...Broker Peel Hunt thinks KX is “increasingly looking like a hidden gem” and with that ARR growth rate we tend to agree....
...HOLD: Sanderson Design (SDG) Management is wary of sounding too bullish in a challenging cost environment, writes Christopher Akers....
...BUY: Cranswick (CWK) Increasing Chinese swine prices are something to watch in the second half, according to analysts, writes Christopher Akers. It’s a tough meat market out there....
...HOLD: Wizz Air (WIZZ) While the second-half showing was encouraging, the strong dollar put a sizeable dent in Wizz’s bottom line, writes Christopher Akers....
...Broker Peel Hunt says this will knock $45mn (£39mn) from 2022 free cash flow, to $27mn....
...Peel Hunt analysts said in a recent research note that the company “is in the middle of delivering a transformational year”....
...Occasionally a pair of dancers will peel away — Joseph Sissens and Ashley Dean particularly well-matched — as if suggesting the old couple’s younger selves in frisking (if slightly generic) pairwork....
...Non-property net debt is also down, writes Christopher Akers. Loungers posted record revenue, boosted by its “local” focus as people spend more in their own neighbourhoods....
...Acquisitions helped boost revenue, as the company gets to grips with regulatory matters, writes Christopher Akers....
...Peel Hunt, the broker, recently upgraded its forecasts but said that “the market does not seem to share management’s optimism over the improving outlook”....
...HOLD: InterContinental Hotels Group (IHG) A return of capital announcement is good news, but the outlook for travel and hotel demand is uncertain, writes Christopher Akers....
...Peel Hunt analysts said the profit posting, up by 30 per cent from 2020, “demonstrates the strong progress being delivered in sales and margins”....
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