5 Killer Stats
BT, the UK telecoms giant has indicated that revenue is down 1% in the year end March 2019, however pre-tax profit rose slightly by 2% and the group the dividend unchanged (at 15.4p) for the current financial year given its outlook for earnings and cash flow.
The well-known estate agent, saw shares plummet even further this week with more than 75% coming off their peak since July 2017. The reason? They failed to launch internationally as well as they intended to. Their Australian business has shut after two and half years of operation, the US business is under a major review. It’s fair to say things have not gone to plan!
On a ride
Walt Disney Co, theme Parks
Growth at the Disney Theme parks has boosted the share price this week after earnings lifted. How did this happen when its competitors Comcast and SeaWorld Entertainment failed to inspire the markets? Disneyland increased its prices in January and started charging overnight resort guests for parking in late March of last year, a way to boost your revenue if visitor numbers look flat.
The retailer Superdry has issued a third profit warning in a year after sales fell by another 4.5% in the last three months. Following the reinstatement of the co-founder to the interim CEO role, the commitment from him is he can turn the ship around – more stock on the shelves and more products online. The change will not happen immediately but it is designed to get the retailer back on track.
Britain’s biggest housebuilder, saw an increase in share price by 2.49% this week has been attributed to higher forward sales than expected. Indicating that the house building industry may continue to thrive in the UK.
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