A look at LSE Listed National Grid Plc, Burberry Group Plc, First Group Plc & Centrica Plc

A look at LSE Listed National Grid Plc, Burberry Group Plc, First Group Plc & Centrica Plc

National Grid Plc

National Grid Plc is the United Kingdom domiciled electricity and gas utility company. Its main business includes transmission and distribution of electricity and piped gas in the United Kingdom as well as in the United States of America.

The shares of the company have their listing on the London Stock Exchange in its main market segment. There the shares trade with the ticker name NG. The shares of the company also form part of the FTSE 100 Index

Trading Update

The company on 14 November 2019 came out with the interim results for the six-month period ending on 30 September 2019.

  • The underlying operating profit of the company for the six-month period was up by 1 per cent to stand at £1.3 billion on account of higher US Regulated profits; however, the statutory operating profit of the company was down by 1 per cent to stand at £1.0 billion on account of adverse timing.
  • The underlying earnings per share of the company for the period was up by 2 per cent to stand at 20.0 pence, on account of a US tax settlement of prior periods. The statutory earnings per share however stood at 11.3 pence, reflecting a slide of 11 per cent on account of mark to market reassessments.
  • The capital investment made by the company during the period stood at £2.7 billion, which is up 28 per cent on account of a rise in capital spending in the US and on account of £0.2 billion Geronimo acquisition.

Performance at the London Stock Exchange

Price Chart as on 14 November 2019, after the market close (Source: Thomson Reuters)

On 14 November 2019, at the time of writing the report (after market close, GMT 4.30 PM), NG. shares were quoted on the London Stock Exchange at GBX 893.90.

The stock of the company has a 52-week High of GBX 926.7 and a 52-week low of GBX 744.5. The total market capitalization of the Company at the time of writing this report was £31.10 billion.

Outlook

The company for the first half of the year has given out a good financial performance delivering an organic growth in the range of 5 & 7 per cent. This is again underpinned by the company’s acquisition of Geronimo and pricing deal agreement with Massachusetts Electric. The company has also reiterated its commitment to emission reduction to near zero by 2050. The company is confident, however, of meeting the market expectations for the second half of the year with ease.

Burberry Group Plc

Burberry Group Plc (BRBY) is a British-based luxury goods company specializing in leather goods and ready-to-wear items. The company designs, sources, manufactures and distributes luxury men's, women's and children's clothing and non-apparel accessories through directly owned stores, wholesale and license channels.

The shares of the company have their listing on the London Stock Exchange in its main market segment. There the shares trade with the ticker name BRBY. The shares of the company also form part of the FTSE 100 Index

Trading Update

The company on 14 November 2019 came out the interim results for the six-month period ended on 28 September 2019.

  • The revenues of the company for the six-month period stood at £1,281 million which is an increase of 3 per cent (on CER basis) or 5 per cent (on reported basis).
  • The Pro forma operating profit of the company for the six-month period stood at £186 million, which is an increase of 8 per cent after adjusting items amounting to £1 million. For the first half of 2019 the figure stood at £173 million.
  • The diluted earnings per share of the company for the period stood at 36.4 pence, which is an increase of 15 per cent over the corresponding previous year period.

Performance at the London Stock Exchange

Price Chart as on 14 November 2019, after the market close (Source: Thomson Reuters)

On 14 November 2019, at the time of writing the report (after market close, GMT 4.30 PM), BRBY shares were trading on the London Stock Exchange at GBX 2129.00.

The stock of the company has a 52-week High of GBX 2,362 and a 52-week low of GBX 1,618.50. The total market capitalization of the company at the time of writing this report was £8.69 billion.

Outlook

The performance given by the company for the six-month period is sterling given the business environment it is working in and the way it has been affecting its competitors. For the rest of the year the company would be keeping a keen eye on the impending economic environment in the United Kingdom and the rest of Europe and operate accordingly. It is, however, confident that it will be able to meet its guidance for the full year.Â

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First Group Plc

FirstGroup Plc (FGP) is a leading diversified transport operator and provider of transport services across the UK and North America. The company procures, maintains and operates around 50,000 vehicles in hundreds of networks in partnerships with national governments, state and local authorities, school boards and universities. The group has a competitive advantage as a result of its scale and the diversity of its portfolio of businesses and each of its businesses has a market-leading position in a sector which is key to driving economic growth.

The shares of the company have their listing on the London Stock Exchange in its main market segment. There the shares trade with the ticker name FGP. The shares of the company also form part of the FTSE 250 Index

Trading Update

The company on 14 November 2019 came out with the interim results for the six-month period ending on 30 September 2019.

  • The statutory operating loss of the company for the period stood at £118.1 million, whereas for the first half of 2019 the company made a profit of £46.3 million.
  • During the period the company suffered a statutory loss Per Share of 14.3 pence, while for the first half of 2019 the company had suffered a statutory loss per share of 0.6 pence.
  • The adjusted operating profit of the company for the company grew by 2.1 per cent to stand at £97.7 million, whereas for the first half of 2019 the figure stood at £92.4 million.

Performance at the London Stock Exchange

Price Chart as on 14 November 2019, after the market close (Source: Thomson Reuters)

On 14 November 2019, at the time of writing the report (after market close, GMT 4.30 PM), FGP shares were trading on the London Stock Exchange at GBX 102.09.

The stock of the company has a 52-week High of GBX 138.8 and a 52-week low of GBX 78.3. The total market capitalization of the company at the time of writing this report was £1.28 billion.

Outlook

The loss suffered by the company this year had been well anticipated by the management of the company, and they had given their guidance at the beginning of the year accordingly. The performance of the first half has been in accordance with expectations and the management of the company is anticipating meeting the guided estimates for the full year.

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Centrica Plc

Centrica Plc (CNA) is a Windsor, United Kingdom domiciled international energy and services corporation with primary operations comprising of supplying power and gas to businesses and consumers. Along with five other power supplying companies, it's a part of Britain's 'Big Six' energy suppliers. Its target market includes United Kingdom, Ireland and North America. The company's segments are Centrica Consumer, Centrica Business and Exploration & Production.

The shares of the company have their listing on the London Stock Exchange in its main market segment. There the shares trade with the ticker name CNA. The shares of the company also form part of the FTSE 100 Index

Trading Update

The company on 4 November 2019 came out with an update on the acquisition of 232, 233 and 233 number of shares, respectively by its executive directors Iain Conn, Richard Hookway and Christopher O'Shea on 1 November 2019.

Performance at the London Stock Exchange

Price Chart as on 14 November 2019, after the market close (Source: Thomson Reuters)

On 14 November 2019, at the time of writing the report (after market close, GMT 4.30 PM), CNA shares were trading on the London Stock Exchange at GBX 73.78.

The stock of the company has a 52-week High of GBX 154.65 and a 52-week low of GBX 63.99. The total market capitalization of the company at the time of writing this report was £4.29 billion.

Outlook

The shares were acquired by the directors on account of Acquisition of Partnership Shares agreement and averaged a price of about £0.715 per share.

 

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