Archive: September 2015

M&B Full Year update, CEO change 2015-09-22

MITCHELLS & BUTLERS (MAB): 351p FY update, CEO replaced:  Group changes CEO, reports recent LfL sales down 0.7% Year to end-Sep PBT (£m) EPS (p) PER (x) DPS (p) Yield (%) 2014 (A) 170.7 32.4 10.8 Nil Nil 2015 (E) *189.0 36.1 9.7 0.7 0.2 2016 (E) 206.0 39.3 8.9 5.9 1.7 Source: Company &…

Langton eats Deliveroo

Langton looks at……….Deliveroo: Replete as it is with Generation Y talent, Langton Capital looks to have its finger on the pulse of the evolving UK restaurant industry. It was this commitment to the cause in mind, coupled with an unwavering passion for burgers, which led the team to sample the food on offer at online…

Merlin Q3 Preview 2015-09-17

Merlin produces its Q3 trading update on Thursday.  The group’s shares are currently on a PE of c22x earnings.  The shares have pulled back in recent months following the accident at its Alton Towers theme park currently resting at around 380p, having peaked at around 460p in May this year. The group has three major…

Wetherspoon – 2015-09-11 FY Analyst Meeting

11 September 2015 JD WETHERSPOON (JDW): 720p FY Presentation – 52w to 26 July 2015:  Group continues to grow and invest despite uncertain short-term trading conditions… Year to end-July PBT (£m) EPS* (p) PER (x) DPS (p) Yield (%) 2014 (A) 79.4 47.4 15.2 12.04 1.7 2015 (E) 78.4 48.1 15.0 12.04 1.7 2016 (E)…