Upcoming Results, Investment Plans, Awards, New Partnerships, and Preliminary Financial Results - Analyst Notes on Ted Baker, Diageo, Weir, Xaar and De La Rue
LONDON, June 5, 2014 /PRNewswire/ --
Editor Note: For more information about this release, please scroll to bottom.
Today, Earnings Review released its analysts' notes regarding Ted Baker Plc (LON: TED), Diageo plc (LON: DGE), The Weir Group PLC (LON: WEIR), Xaar Plc (LON: XAR) and De La Rue plc (LON: DLAR). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://earnings-review.com/3376-100free.
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Ted Baker Plc Analyst Notes
On May 29, 2014, Ted Baker Plc (Ted Baker), the British lifestyle brand, announced that the Company plans to release an interim management statement for Q1 FY 2014 (period ended June 7, 2014) on June 10, 2014. The full analyst notes on Ted Baker are available to download free of charge at:
http://earnings-review.com/3376-TED-05Jun2014.pdf
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Diageo plc Analyst Notes
On May 29, 2014, Diageo plc (Diageo) announced that the Company plans to invest approximately $115 million over the next three years to build a 1.8 million proof gallon (750,000 9-liter cases) distillery and six barrel storage warehouses in Shelby County, Kentucky. The Company will commence work in the coming months with the goal of having the distillery operational in late 2016. In relation to the proposed investment, Diageo will purchase approximately 300 acres of property located on Benson Pike in Shelby County. Larry Schwartz, President, Diageo North America, said, "This proposed investment in Shelby County, in the heart of Kentucky bourbon country, will cement our commitment to expanding our share of the American whiskey category." Diageo expects that the construction project will provide a significant number of jobs and anticipates employing approximately 30 people for whiskey distillation and maturation. The full analyst notes on Diageo are available to download free of charge at:
http://earnings-review.com/3376-DGE-05Jun2014.pdf
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The Weir Group PLC Analyst Notes
On May 22, 2014, The Weir Group PLC (Weir) announced that the Company's strategic alliance with Anglo American has won the prestigious External Collaboration Award at the 2014 Procurement Leaders Awards. Weir's Global Framework Agreement, which was signed in September 2013 with Anglo American focuses on improvement in energy consumption and reduction in maintenance requirements across Anglo American's operations in South Africa, South America, North America and Australia. Dean Jenkins, Weir Minerals Managing Director, said, "To have won such a prestigious award just eight months after announcing this strategic alliance is a clear demonstration of the hard work of the teams involved. By working closely with Anglo American, we have been able to help them achieve significant cost savings and deepen our partnership even further." The full analyst notes on Weir are available to download free of charge at:
http://earnings-review.com/3376-WEIR-05Jun2014.pdf
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Xaar Plc Analyst Notes
On May 19, 2014, Xaar Plc (Xaar) announced that the Company has entered into a partnership with Chinese ceramics industry manufacturers - Keda Clean Energy (Keda) and Guangdong Wanxing Inorganic Pigment (Wanxing) - to develop products that maximize the power of Xaar's market-leading technology. Keda is the world's largest supplier and integrator of equipment for every stage of ceramic tile production lines, while Wanxing is a leading producer of ceramics pigments for markets worldwide. Bob Bobertz, General Manager, Xaar Asia Pacific, said, "Partnerships with best-in-class printer and ink manufacturers were fundamental to the outstanding success of the Xaar 1001, which transformed the ceramics tile industry." The full analyst notes on Xaar are available to download free of charge at:
http://earnings-review.com/3376-XAR-05Jun2014.pdf
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De La Rue plc Analyst Notes
On May 28, 2014, De La Rue plc (De La Rue) released its preliminary FY 2014 financial results (period ended March 29, 2014), The Company reported FY 2014 revenue of £513.3 million, up 6.1% YoY. The Company's currency segment that constitutes 66.4% of the total revenue improved 15.1% YoY to £340.8 million largely due to increased direct banknote paper and component sales and higher average price for banknotes, which was partially offset by 8.0% YoY decline in revenues from the solutions segment to £172.5 million. The Company's FY 2014 profit attributable to equity shareholders of the Company came in at £47.3 million or 47.0 pence per diluted share, compared to £37.2 million or 36.9 pence per diluted share in FY 2013 (Restated). As on March 29, 2014, the Company's cash and cash equivalents were £57.9 million, compared to £24.8 million as on March 30, 2013. The full analyst notes on De La Rue are available to download free of charge at:
http://earnings-review.com/3376-DLAR-05Jun2014.pdf
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