Mondi [LSE: MNDI]
Full year numbers from the packaging company Mondi have been released this morning. The results should make for a satisfying – if unspectacular – read for shareholders, with underlying profits nudging above 1 billion Euros and earnings per share up 5%, too. There’s a 9% dividend increase on the table and the company’s commitment to capital expenditure shows a commitment to maintaining the growth trajectory.
Revolution Bars Group [LSE: RBG]
Bar operator Revolution has issued its half-year results this morning with a few curious annotations. Owing to the way the calendar fell, the period didn’t include New Year’s Eve, which is had done in the corresponding set of results a year ago. This is one of the most significant trading days for the company, so by adjusting for that the like for like sales growth came in at 1.9%. The company incurred some one-off costs in the period as they exited some existing lease arrangements which resulted in a half year loss, but an interim dividend has been declared.
London Stock Exchange Group [LSE: LSE]
It may have been a year of turmoil at the London Stock Exchange after the proposed merger with the Frankfurt exchange collapsed and the CEO left, but this hasn’t impacted revenue growth. Headline income is up 18% and there’s a 19% increase in the dividend on the table. Some have expressed concern that the failure to combine with the German market operator will leave London exposed against the giant US exchanges, but for now this doesn’t seem to be the case.
