Three things you need to know in the financial markets this morning from investment writer, Tony Cross
Dixons Carphone
There’s a brief quarterly update out from Dixons Carphone this morning and investors – who have had a difficult few months – may take solace in the fact things could have been worse. Like for like sales are flat, with growth being noticed in the Greek market and also in terms of online sales. TVs sold well around the world cup, although the hot weather hampered the sale of white goods. Full year guidance remains unchanged.
easyJet
August passenger numbers are out from easyJet today and the airline’s growth trend continues apace. Not only is the company carrying more passengers – up 5.6% from August 2017 – but the load factor is still creeping higher, too.
Go Ahead Group
Full year numbers from mass transport operators Go Ahead Group have been published. Revenues may be down a shade, but profitability is up and management state that the numbers are ahead of expectations. The company is committed to further international growth in the coming years and has in the last year won a fourth rail contract in Germany. By 2022, the aim is to generate as much as 20% of revenue overseas.
