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Home » UK Shares » Three Quick Facts » Three Quick Facts: Comptoir, Speedy Hire and Catenae Innovation

Here are three things you need to know in the financial markets this morning from investment writer, Tony Cross.

1. Full year results at Comptoir show profits up and confidence over outlook

Restaurant group Comptoir (LON:COM) has this morning published full year results for the year to 31st December. Revenues are up by 67% and gross profits have advanced by a similar amount, leading management to state that the company has emerged from the pandemic in a string financial and operational position. There’s an acknowledgement that 2022 holds unique challenges in terms of staffing and supply chain, but with it a degree of optimism that storms have been weathered already and this can be done again.

2. Speedy Hire’s full year EPS advances 58%, sales outlook upbeat

Speedy Hire (LON:SDY) has issued full year results today for the year to 31st March, which saw a 16% increase in revenues and a 58% uptick in the underlying EPS. Shareholders are being rewarded with a 57% increase in the dividend and the company notes it has been a strong start to 2022, with revenues up 8% and volume growth along with price increases more than offsetting cost pressures. The board remains confident that 2023 expectations will be met.

3. Update from digital media company Catenae Innovation

There’s an update out from Catenae Innovation (LON:CTEA), whose shares are currently suspended awaiting publication of audited accounts. On the plus side, the note highlights some modest new orders, although there’s an ongoing dispute with a number of shareholders in a portfolio company, which is set to be challenged.

Related

This article is not investment advice. Investors should do their own research or consult a professional advisor.

Tony Cross

Tony Cross

Tony Cross is a market commentator with over 15 years of experience, producing compelling, insightful copy for journalists and investors alike. Focusing on macroeconomics, UK blue chip equities and inter market analysis, Cross's commentary is well regarded for its clarity and ability to cut through the waffle. He has been quoted in publications as diverse as The Financial Times, The Times, The Guardian and The Sun. He has also been a regular guest on both Share Radio and TipTV.

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