AUS
NZ
UK
CA
USA
FRA
GER
ESP
ITA
NLD
PRT
SWE
GRC
IND
POL
BRA
ZAF
RUS
CHN
UAE
Consumer
.jpg)
CMA Tightens Noose Around Travel Firms Over Full Refunds
May 22, 2021 02:05 PM AEST| By AbhijeetSummary CMA has issued a warning to holiday companies to respect the refund rights of the holidaymakers before the commencement of the summer holiday period. The coronavirus pandemic has had severe repercussions in the past leading to either ca.....
FTSE 250 listed Watches of Switzerland Group delivered robust revenue growth driven by US business
May 21, 2021 02:27 AM AEST| By Team Kalkine MediaSummary Watches of Switzerland Group PLC had shown revenue growth of 13.3% at constant currency during FY21. The US-based revenue grew by 38.5% during FY21 as compared to FY20. WOSG had managed to show revenue growth in the UK despite store cl.....
Easyjet Shares Decline After Reporting Loss in Half Yearly Results
May 20, 2021 10:45 PM AEST| By AbhijeetSummary Despite summer uncertainty, EasyJet readies 90 per cent of its fleet to match demand. EasyJet has reported a headline loss before tax of £701 million for the half-yearly period ending 31 March 2021. The company’s passenger .....
UK Reopens Indoor Hospitality – Two Stocks Worth Watching to Avoid FOMO
May 20, 2021 01:05 AM AEST| By Suhita PoddarRestrictions from Indoor Hospitality has been eased for the first time in the UK since the first lockdown was imposed, except North Ireland which is due to reopen on 24 May. But whether the consumer will follow COVID social distancing rules or.....
FTSE 250 listed Britvic reinstated dividend payments despite a decline in the top-line business
May 19, 2021 02:13 AM AEST| By Team Kalkine MediaSummary Britvic PLC had shown a revenue decline of 6.3% year-on-year to £617.1 million, while the adjusted EBIT plunged by 15.4% during H1 FY21 against H1 FY20. The Company will pay an interim dividend of 6.50 pence per share on 07 July 2.....
A Look at Restaurant Group and Mitchells And Butlers as UK Unemployment Rate Fall
May 18, 2021 11:21 PM AEST| By Suhita PoddarSummary The Office for National Statistics announced today the UK’s unemployment rate beat estimates between January and March to 4.8 per cent, from an estimated 4.9 per cent. Hiring also rose from by 97,000 during March to April, indicat.....
What Is the Long-Term Future of Restaurants in the UK?
May 18, 2021 01:09 AM AEST| By Suhita PoddarSummary Restaurants, cafes and pubs reopened today after the latest round of easing of lockdown restrictions. The move is expected to be a boost for the hospitality and leisure sector as they can start trading again after almost four and half m.....
.jpg)
Ryanair Posts Largest Annual Loss, Stocks Manage to Float in Green
May 18, 2021 12:16 AM AEST| By Suhita PoddarSummary The company flew merely 27.5 million passengers till the end of March this year. Ryanair reported delays in the delivery of its first 737 MAX aircraft. The company foresees a strong recovery in the coming year but expects to only break.....
.jpg)
Focus On 2 FTSE 100 Hospitality Stocks as UK Enters Third Phase of Easement
May 17, 2021 11:56 PM AEST| By AbhijeetSummary Coronavirus restrictions were further eased in England today. British PM Boris Johnson urged people to continue playing their part in controlling the spread of the virus. The government announced new rules for non-essential travel abro.....
.jpg)
Focus On 2 FTSE Food Stocks as UK Consumer Confidence Soars To 5 Year High
May 15, 2021 12:51 AM AEST| By Suhita PoddarSummary IDG Shopper confidence index reported a five year high of -1 in April 2021, from 2016, with fine food retailers expected to have a bumper season as lockdown restrictions continue to ease further. Fine food retailers’ stocks are ex.....
Why On the Beach Group Plc share prices crashed on LSE?
May 14, 2021 08:45 PM AEST| By Suhita PoddarSummary On the Beach Group Plc said it will start selling trips abroad only after 1 September due to the uncertainties related to the coronavirus pandemic. It would be reviewing its position after government releases its next international trav.....
FTSE 100 listed Compass Group estimated gradual recovery for Q3 FY21
May 13, 2021 01:53 AM AEST| By Team Kalkine MediaSummary CPG had shown around a 30.4% decline of revenues on an organic basis during H1 FY21. The net debt stood at £2.63 billion as of 31 March 2021. CPG expected gradual improvement in the trading performance during Q3 FY21. Compas.....
.jpg)
TUI Stocks Fall as The Company Posts Heavy Half-Yearly Losses
May 13, 2021 01:39 AM AEST| By Suhita PoddarSumamry TUI Group expects a strong summer season this year provided the travel restrictions are eased. Summer prices were up by 22 per cent on average for this year, said the firm. The group had a liquidity of €1.7 billion on 7 May. .....
Spotlight On 2 FTSE Consumer Services Stocks
May 13, 2021 01:14 AM AEST| By Suhita PoddarSummary Catering giant Compass Group’s CEO Dominic Blakemore has said that the hybrid working model posed long term issues. UK’s largest funeral services provider, Dignity PLC, reported a jump in its underlying revenue by 14 per cen.....
Lens on Travel Stocks as Airline Chiefs Call to Restart US-UK Travel
May 12, 2021 08:02 PM AEST| By Suhita PoddarSummary Airline CEOs have called for a joint summit to initiate transatlantic travel. A joint letter was sent by CEOs of six passenger airline companies and a US-based aviation trade association to the transport ministers of both nations. The .....
What factors led FTSE listed WM Morrison Supermarkets to report a surge in fuel sales?
May 12, 2021 02:47 AM AEST| By Team Kalkine MediaSummary MRW had delivered around 17.5% like-for-like fuel sales growth during Q1 FY22. The online sales had demonstrated year-on-year growth of around 113% during Q1 FY22. The Company had anticipated meaningful profit growth during FY23. .....
Aviation Stocks Fall After UK Govt Releases ‘Green List’ For Future Travel
May 10, 2021 10:53 PM AEST| By Suhita PoddarSummary The UK government has put only 12 nations on the new travel list, which includes Australia and Portugal. While it has left out countries like Spain and Italy. The green list mentions the countries from where Britons can fly back home an.....
Aviation Sector Wants Most of The Europe In Green List, WIZZ, IAG and RYA in Focus
April 30, 2021 11:47 PM AEST| By Team Kalkine MediaSummary Research of epidemiologists at Yale University has shown that most European destinations would have little impact on hospital admissions. A top official in easyJet has said that as of 12 April situation, the government can allow most of.....
How has City Pub Group managed to expand its portfolio in London’s Hospitality sector?
April 30, 2021 02:31 AM AEST| By Team Kalkine MediaSummary CPC had acquired a 49% stake in Barts Pub Ltd for the total consideration of £0.75 million. The total investment in Mosaic companies stood at around £2.42 million. Emma Fox has been appointed as a Non-Executive Director on .....
Covid Passport Not on Government’s Mandatory List, Hospitality Stocks Still Not Impressed
April 30, 2021 02:26 AM AEST| By Suhita PoddarSummary People may need the Covid passport only to enter large arenas and events like theatres and sports stadia. Cabinet Office Minister Michael Gove could set out progress on the review into Covid passport. In a big relief to the UK hosp.....
AI on the Rise: A Look at Top AI Companies and Their Stocks