Top UK Stocks to Watch: ITV sees ‘positive trends’ emerge after tough 2020
Joshua Warner March 9, 2021 8:53 AM
ITV is hopeful it can get back on track as the UK comes out of lockdown, Domino’s Pizza remains as popular as ever, Vodafone prices the Vantage Towers IPO, WH Smith cuts its cash burn, and M&G is pleased with its performance during its first year as an independent company. Share:
Top News: ITV beats expectations and sees ‘positive trends’ in early 2021
ITV reported lower revenue and profits due to the disruption caused in 2020 by the pandemic, but said it performed better than expected and was encouraged by its outlook now that the UK roadmap out of lockdown is in place.
Top UK Stocks to Watch: Pearson maintains dividend despite being hit by pandemic
Joshua Warner March 8, 2021 8:52 AM
Pearson hopes to bounce back after a tough 2020, Direct Line ups its dividend and launches share buyback programme, Clarkson beats expectations and raises its payout, Micro Focus loses a patent infringement case, and Ferguson is jointly listing in the US later today. Share:
Top News: Pearson hopes to stage recovery after tough 2020
Pearson said it expects revenue to return to growth in 2021 on expectations that schools and workplaces will start to get back to normal after taking a battering during 2020.
Revenue slipped to £3.39 billion from £3.86 billion in 2019. Although demand for online learning has increased during the pandemic, this has not been enough to offset the disruption caused during the pandemic to it
Top UK Stocks to Watch: Taylor Wimpey restarts dividends
Joshua Warner March 2, 2021 9:12 AM
Taylor Wimpey confident it can bounce back after a tough year, Renishaw shares pop to an all-time high as it puts itself up for sale, Travis Perkins enters the red, and Flutter Entertainment’s revenues more than double. Share:
Top News: Taylor Wimpey hit by lockdown but expects to bounce back in 2021
Taylor Wimpey said revenue and profits plunged in 2020 as it built fewer houses because of the pandemic, but said it was resuming dividends and confident about its prospects due to its record order book.
The housebuilder said it only managed to construct 9,799 homes during 2020 compared to 16,042 homes in 2019. This was primarily due to a shutdown in activity in the second quarter of the year when the pandemic erupted, with construction levels
British Airways-owner IAG posts an almighty EUR6.9 billion loss, Pets at Home raises its guidance again, Rightmove sells more properties than its rivals but sees profits plunge, and Jupiter Fund Management reaps the rewards of acquiring Merian Global Investors.
Top UK Stocks to Watch: Reckitt Benckiser reports record growth
Joshua Warner February 24, 2021 9:17 AM
Demand for Reckitt Benckiser brands increases during the pandemic, Lloyds pays the biggest dividend it can despite profits plunging, Vodafone confirms Vantage Towers IPO will happen next month, and Avast is to tap into PMovil’s 400 million customers. Share:
Top News: 2020 a ‘turning point’ for Reckitt Benckiser
Reckitt Benckiser said record growth in revenue and a lack of impairments saw it to return to profit in 2020, allowing it to pay down debt and maintain its dividend for the year.
The company, known for brands like Dettol disinfectant, Nurofen painkillers and Durex condoms, said net revenue jumped to £13.99 billion in 2020 from £12.84 billion the year before as demand for hygiene products increased during the pande