Hints and tips:
...He added: “If you’re growing at the pace that we are, then the P&L does manifest itself in cash requirements.” Sales at Interpath’s advisory business climbed to £26.9mn, up from £2.8mn a year earlier....
...“There are no equivalent 100 per cent mortgages in the standard market,” says David Hollingworth of UK mortgage broker L&C....
...Staff at more than 150 higher education institutions will walk out in a long-running dispute over pay and conditions while regional ambulance staff in England and Northern Ireland will hold various strikes...
...The last thing I bought and loved was a portrait dating to around 1641, from Nick Cox of Period Portraits....
...to the crosswords The following people are winners of the Monday and Saturday puzzles Crossword 16,425: Bill Stewart, Leicester; R Harpur, Herefordshire; Martyn Abbott, Lincolnshire Polymath 1,065: P...
...L-f-l rents down 27%: net rental income fell down to just £87.3m which represents a l-f-l fall of 27% (excluding premium outlets), as a result of covid and the reduced rent collection rate....
...“L&G offers a 6.3% 2020E dividend yield, 1.2% above the sector average. Pre-2016 L&G's yield averaged 0.4% above the sector.”...
...) estimates i.e. an attractive valuation, however: i.) preprovision profit in our base case is declining -2% CAGR ‘19-22E and ii.) our L-T recession scenario sees only 1% p.a....
...We do not think that management would have referred to “strong cash conversion” and emphasized delivering if the beat in the P&L were not flowing through well to cashflow, so we believe that the commentary...
...RB's unmatched P&L flexibility is paving the way for fast improving market share momentum, notably in the 20% of its cells that have been persistent underperformers. ... and for Unilever, a €43/£40 target...
...However, the outlook is uncertain, rising one-offs make P&L valuations less relevant and cash conversion is declining. In addition, top management changes add another layer of complexity....
...Heather Cox Richardson’s provocatively titled How the South Won the Civil War (OUP RRP$27.95/£18.99, April) upends common assumptions about the outcome of the conflict as the US enters election year....
...In fact, it was the auditor’s insistence on booking these in the p&l that led to £28m of charges and a profit warning....
...L’Oréal Sector: cosmetics / HQ: Paris, France Key stat: Online sales jumped 53 per cent in the first quarter....
...“Brexit is probably the seminal issue for Ireland and the Irish economy,” says Brian O’Gorman, managing partner at law firm Arthur Cox....
...finance and debt capital markets partner at law firm A&L Goodbody, which led ferry and port terminal operator Irish Continental Group’s €450m refinancing last year....
...His projects — from refurbished existing buildings to new-build sites — are dotted around the Paris region and in Madrid and Barcelona, and he is thinking of extending into Ireland....
...A very personal and poetic book which l read on the Isle of Harris, overlooking the Minch towards the Shiants....
...Just 22 companies on the S&P 500 are on the docket. Among them are Tiffany, Target, Kohl’s, TJX Cos, Ralph Lauren and L Brands....
...Encouragingly, this momentum was sustained further down the P&L — reflecting the relatively small increase in costs required for FairFX to keep growing....
...Intraday In the US, the S&P 500 is set to open up 0.1 per cent later on Wall Street....
...The following table comes from p.154 of my 2009 book Debt Spiral and is based on data from Inside Mortgage Finance: Note the changes in private label securitisation....
...“We believe a country with 70m people and a large number of businesses has the potential for us to create some positive P&L [profit] for shareholders,” said Mr Hourican, who is in London to meet investors...
...“We believe a country with 70m people and a large number of businesses has the potential for us to create some positive P & L [profit] for shareholders,” said Mr Hourican, who is in London to meet investors...
...L&G acquired the 75 per cent of Cofunds it did not already own for £131m in 2013....
International Edition