Updates

Business Post

July 2004

Investing in shares may lose you all or some of your money. Past performance is no indication of future performance. Some of the shares recommended here may be small company shares, which can be relatively illiquid and hard to trade and this makes such shares more risky than other investments.

The shares bounced on news of full year results in line with expectations. For the year ended 31 March pretax profit rose19% to Â£19.1m, from turnover up 23% to Â£193m. Earnings increased 16% to 24.5p, slightly below forecast because of a higher than expected32.6% tax charge. Net cash inflow rose strongly from Â£13.7m to Â£22.6m leaving net debt at a lowly Â£5.6m (gearing: 11%). BusinessPost's core next day business parcel delivery service, Express (66% ofsales), shrugged off subdued markets to post a 3% increase in turnoverthanks to the highest levels of new business wins on record and afocus on premium services as well as discontinuing less profitablebusiness. Encouragingly, there are s ...

To access our archive of articles and to receive current issues you need to subscribe.

Subscribe now

Already a subscriber? Login

Fayrewood - Arbuthnot finally upgrades forecasts

Comino

Business Post (July 2005)

Business Post - UK mail hits ground running (January 2005)

Business Post (August 2004)

Business Post - Finally signs deal with Royal Mail (February 2004)

Business Post - UK Mail deregulation opportunity (January 2004)

With small companies there is an above average degree of risk compared to buying blue chips. Please be aware that we have not assessed the suitability of any of these investments for you. The newsletter simply states a personal view and diarises the editor’s investment decisions. Please speak to your stockbroker or other qualified individual to ascertain whether any of these companies mentioned would form useful additions to your own portfolios. Past performance is no indication of future success.

All material on this website is protected by copyright. You may use Information retrieved from the www.scsw.co.uk website for your own personal non-commercial use which means that you may not sell or copy this information to any third party without prior written consent. ISSN 1358-183X