Morning Brief – 15-Mar-2018

Morning Brief Images 15-Mar-2018

UK Stock Market News Today – 15-Mar-2018

Morning all!

Quite a short one this morning…

Portmeirion (PMP) – 1037.5p – £112.6m – PER 14.4

Results For The 12 Months To End December 2017 – Ninth consecutive year of record Revenue, up 10.6% to £84.8m (2016: £76.7m), PBT up 13.0% to £8.8m (2016: £7.8m), EPS up 9.2% to 65.07p (2016: 59.60p), Total Dividends up by 7.5% to 34.66p (2016: 32.25p), Net Cash of £1.6 million (2016: Net Debt of £2.3 million) and the Operating Margin is up 10.7% (2016: 10.4%). Currently 20% ahead of last year, the outlook for 2018 is positive.

Still like this a lot, in order to keep an eye on it I will leave it on my Watchlist, 900p.

FW Thorpe (TFW) – 340p – £394.0m – PER 26.0

Interim Results For The 6 Months To End December 2017 – Pretty flat “Order income did not reach the record highs of 2016/17, making a further record-breaking full year result a challenge”.

Guessing these interims will take some shine off what is quite a highly rated share (that’s done pretty well over the past 5 years but not so well this past year or so). It’s not for me at present.

As always, all comment most welcome – Have a great day!

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