LONDON, June 6, 2014 /PRNewswire/ --
Today, Earnings Review released its analysts' notes regarding Diploma Plc (LON: DPLM), Mitchells & Butlers Plc (LON: MAB), Al Noor Hospitals Group Plc (LON: ANH), Land Securities Group Plc (LON: LAND) and Sports Direct International Plc (LON: SPD). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://earnings-review.com/3410-100free.
Diploma Plc Analyst Notes
On May 12, 2014, Diploma Plc (Diploma) announced financial results for H1 FY 2014 (period ended March 31, 2014). The Company posted revenue of £148.6 million, up 6.4% YoY. The Company reported profit after tax of £17.0 million, versus £16.7 million in the prior year period. The Company boosted the interim dividend by 8.0% YoY to 5.4 pence for H 1 FY 2014. On an underlying basis, life Sciences revenues increased by 10% with significant growth achieved in both the Healthcare and European Environmental businesses. The Company's Seals business revenue increased 5% (on an underlying basis) due to robust performance of Industrial OEM businesses and modest growth in aftermarket businesses. Commenting on the financial performance, Bruce Thompson, Diploma's CEO, said, "The Board remains confident of future growth as the recent Investment for Growth programme provides the platform to benefit from continued underlying growth, supported by attractive and value creating acquisitions." The full analyst notes on Diploma are available to download free of charge at:
Mitchells & Butlers Plc Analyst Notes
On May 22, 2014, Mitchells & Butlers Plc (Mitchells & Butlers) -U.K.'s largest operator of managed restaurants and pubs announced earnings for H1 FY 2014 (period ended April 12, 2014). The Company reported total revenue of £1.0 million, up 2.5% YoY aided by growth in like-for-like sales (1.1% YoY) as well as the contribution from new pubs and restaurants. The Company opened 22 sites during FY 2013, which contributed £2 million to operating profit growth in H1 FY 2014. Adjusted operating profit was £147.0 million, up 2.1% YoY. Adjusted EPS were 14.6 pence, up 1.4% YoY. Commenting on the results, Alistair Darby, CEO said "We are pleased with our trading performance in this first half, particularly the turnaround in volumes, alongside which we have made good progress against our key priorities, and continued to position Mitchells & Butlers for sustainable long-term future growth." The full analyst notes on Mitchells & Butlers are available to download free of charge at:
Al Noor Hospitals Group Plc Analyst Notes
On June 3, 2014, the shares of Al Noor Hospitals Group Plc (Al Noor) slipped by 4.0% and closed at £1,006.0 after gaining 1.9% in the previous session. Al Noor's stock opened at €1028.00, and fluctuated within the range of £1,006.00 - £1,031.98 during the trading session. In the last one-month, the Group's stock has gained 1.6%. The full analyst notes on Al Noor are available to download free of charge at:
Land Securities Group Plc Analyst Notes
On May 15, 2014, Land Securities Group Plc (Land Securities) reported financial results for FY 2014 (period ended March 31, 2014). FY 2014 profit before tax was £1.1 billion, compared with £533 million in FY 2013, driven by a valuation surplus of £763.8 million. Land Securities posted a revenue profit of £319.6 million representing a growth of 9.9% YoY. Adjusted diluted EPS were 40.5 pence, up by 10.1% YoY. The Company recommended a final dividend of 7.9 pence per share to be paid on July 22, 2014, taking the FY 2014 dividend to 30.7 pence. Robert Noel, CEO, Land Securities, said, "Our balance sheet discipline is also making the business stronger. Development expenditure and acquisitions have been funded by recycling capital from sales. As a result, the increase in valuation of our portfolio coupled with more recent sales has reduced our loan-to-value ratio further, to 32.5%." The full analyst notes on Land Securities are available to download free of charge at:
Sports Direct International Plc Analyst Notes
On June 3, 2014, the stock of Sports Direct International Plc (Sports Direct) extended losses for the fourth consecutive session, and declined further by 1.9% to end at £771.00. The Company's stock opened at £785.50, and fluctuated within the range of £768.00 - £787.00 during the entire course of the day. A total of 1.04 million shares exchanged hands during the session. In the last three months, shares of Sports Direct have weakened by 2.88%. The full analyst notes on Sports Direct are available to download free of charge at:
1. This is not company news. We are an independent source and our views do not reflect the companies mentioned.
2. Information in this release is produced on a best efforts basis by Rohit Tuli, a CFA charterholder. The content is then further fact checked and reviewed by an outsourced research provider. However, we are only human and are prone to make mistakes. If you notice any errors or omissions, please notify us below.
3. This information is submitted as a net-positive to companies mentioned, to increase awareness for mentioned companies to our subscriber base and the investing public.
4. If you wish to have your company covered in more detail by our team, or wish to learn more about our services, please contact us at pubco [at] earnings-review.com.
5. For any urgent concerns or inquiries, please contact us at compliance [at] earnings-review.com.
6. Are you a public company? Would you like to see similar coverage on your company? Send us a full investors' package to research [at] earnings-review.com for consideration.
Content is researched, written and reviewed on a best-effort basis. This document, article or report is prepared and authored by Earnings Review, represented by Rohit Tuli, CFA. An outsourced research services provider has only reviewed the information provided by Earnings Review in this article or report according to the procedures outlined by Earnings Review. Earnings Review is not entitled to veto or interfere in the application of such procedures by the outsourced provider to the articles, documents or reports, as the case may be.
NOT FINANCIAL ADVICE
Earnings Review makes no warranty, expressed or implied, as to the accuracy or completeness or fitness for a purpose (investment or otherwise), of the information provided in this document. This information is not to be construed as personal financial advice. Readers are encouraged to consult their personal financial advisor before making any decisions to buy, sell or hold any securities mentioned herein.
NO WARRANTY OR LIABILITY ASSUMED
Earnings Review is not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted by Earnings Review whatsoever for any direct, indirect or consequential loss arising from the use of this document. Earnings Review expressly disclaims any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Earnings Review does not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.
CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.
SOURCE Earnings Review