LONDON, July 8, 2014 /PRNewswire/ --
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Today, Earnings Review released its analysts' notes regarding British American Tobacco plc (LON: BATS), Supergroup PLC (LON: SGP), Whitbread plc (LON: WTB), Coca Cola HBC AG (LON: CCH) and J D Wetherspoon plc (LON: JDW). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://earnings-review.com/4546-100free.
British American Tobacco plc Analyst Notes
On May 29, 2014, British American Tobacco plc (BAT) suggested the World Health Organisation (WHO) as well as the Governments around the globe for the adoption of a liberal policy of tobacco harm reduction as compared to the tobacco regulation approach. Kingsley Wheaton, the Company's Director of Corporate & Regulatory Affairs, BAT, said, "For governments seeking to reduce tobacco use, we believe it's time for new, more progressive approaches to be considered. One such solution is to offer adult smokers a choice of substantially less risky products such as e-cigarettes. This approach is what many refer to as 'Tobacco Harm Reduction'. However, for this to work Governments and the public health community needs to embrace this concept and the products that support it. Tobacco harm reduction provides a progressive public health policy direction. We welcome the opportunity to collaborate on making this policy a global reality." The full analyst notes on BAT are available to download free of charge at:
Supergroup PLC Analyst Notes
On June 27, 2014, Supergroup PLC (Supergroup) announced the acquisition of Denmark-based SMAC Group, consisting SMAC A/S, SMAC Retail A/S and SMAC Norge A/S, and operating four owned retail stores, eight Franchise stores and the wholesale business. The transaction, which gives Supergroup the right to trade the Superdry brand in Denmark, Norway and Finland, will assist the Company in meeting its strategic plans for the region, by freeing it to invest its own capital in the store roll-out, improve margins on the wholesale operation and retain local operational and management expertise. Julian Dunkerton, CEO of SuperGroup, said, "The acquisition of our Scandinavian partner follows the purchase of the Spanish and German distributors last year. Our Pan-European strategy is progressing well and we will provide an update on developments at the time of our prelims on July 10. We remain fully focused on maximizing the global opportunity for the SuperDry brand." The full analyst notes on Supergroup are available to download free of charge at:
Whitbread plc Analyst Notes
On June 17, 2014, Whitbread plc (Whitbread) announced the results of Q1 FY 2015 (period ended May 29, 2014). The Company's like-for-like sales increased by 6.9% YoY, while total sales witnessed a much higher YoY growth of 12.7%. The Company's Premier Inn hotel segment saw like-for-like sales increase by 9.5% YoY and occupancy rates rising by 4.2 percentage points to 80.7% during the period, benefitting from a buoyant hotel market driven by continuing growth in London. The Company's restaurants business also grew well with like-for-like sales growth of 4.4% YoY. Commenting on the Company's plans, Andy Harrison, CEO of Whitbread, said, "We currently have 43 new Premier Inn hotels under construction in the UK and expect to open around 4,500 new rooms this year, together with five joint site restaurants. Costa will open around 300 net new stores this year." The full analyst notes on Whitbread are available to download free of charge at:
Coca Cola HBC AG Analyst Notes
On June 30, 2014, Coca Cola HBC AG (Coca Cola HBC) announced that its Board of Directors has resolved to apply for the delisting of its American Depositary Receipts (ADRs) from the NYSE, the termination of its ADR program, and the deregistration and termination of its reporting obligations under the U.S. Securities Exchange Act of 1934. While delisting is expected to become effective around July 24, 2014, the Company's ADR program is expected to be terminated around August 1, 2014. The Company stated that UK is the principal trading market for its shares, accounting for more than 85% of total trading volume over the 12 months ended June 18, 2014, in contrast to the trading volume in the U.S. of ADRs, which are around 1.4% of the shares and accounted for just 1.3% of the total trading volume over the preceding 12 months. The full analyst notes on Coca Cola HBC are available to download free of charge at:
J D Wetherspoon plc Analyst Notes
On June 4, 2014, J D Wetherspoon plc (Wetherspoon) announced that its pubs in Scotland have received recognition at the Best Bar None 2013 awards. Phil Buckley, Wetherspoon's Area Manager for Edinburgh and Cumbernauld, said, "Congratulations to the teams at all three pubs on gaining their accreditations. The recognition from Best Bar None, in West Lothian and Leith, is testament to the high standards achieved and maintained by the outlets." The full analyst notes on Wetherspoon are available to download free of charge at:
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