Results Preview Of Four FTSE Stocks – LMP, BATS, MARS and GRI

November 28, 2019 12:08 PM GMT | By Kunal Sawhney
 Results Preview Of Four FTSE Stocks – LMP, BATS, MARS and GRI

Londonmetric Property Plc

Londonmetric Property Plc (LON:LMP) is a London; the United Kingdom based Real Estate Investment Trust (REIT) that makes property investment decisions after carefully reviewing assets on the basis of the ability of those assets to generate long term returns. The company’s major properties include Primark, Distribution Centre in Islip, Eddie Stobart in Dagenham as well as Primark in Thrapston.

LMP Financial Performance

On 27th November 2019, the company released its interim results for the six months ended 30th September 2019. The Net Rental Income was reported at an increase to £54.9 million in the first half of FY2020 from £47.1 million in the first half of the previous year. The EPRA earnings were highlighted to be at £35.2 million during the period. The company announced that the board proposed the dividend for the period at GBX 4.0 per share. The EPRA Net Asset Value per share as on 30th September 2019 was reported at GBX 174.9 per share.

LMP Stock Price Performance

(Source: Thomson Reuters) Daily Chart as on 27-November-19, post the close of the market

On 27th November 2019, after the London Stock Exchange closed, while writing, Londonmetric Property Plc’s stock price was reported to be at GBX 239.00 per stock, a decrease of 0.91 per cent or GBX 2.2 per stock, as compared to the previous day’s closing price, which was reported to be at GBX 241.20 per stock. At the time of reporting, the Londonmetric Property Plc stock was reported to be at 39.36 per cent above the 52-week low stock price, which was at GBX 171.50 per stock, that the company’s stocks reached on January 02, 2019. The company’s market capitalisation (M-Cap) was reportedly valued to be at GBP 2.028 billion with respect to the stock’s current market price.

The beta of the Londonmetric Property Plc’s stock was reported to be at 0.56. This can be interpreted into the fact that the movement of the company’s stock is less volatile, in comparison with the movement of the benchmark index.

British American Tobacco Plc

British American Tobacco Plc (LON:BATS) is a London, the United Kingdom based leading international consumer goods company which is focused on tobacco and next-generation products, with a market-leading position in more than 55 countries. The operations of the group are differentiated in four geographical segments, namely Asia-Pacific and Middle East (APME), the United States, Europe and North Africa (ENA), and Americas and Sub-Saharan Africa (AMSSA).

BATS Financial Performance

On 27th November 2019, the company made a press release to announce the second half pre-close trading update, giving insights on the performance for the year. The company reported that there was a very robust financial performance during the period on an adjusted basis. The company reported that its best performance came from the US region with revenue growth in line with the company’s guidance between the range of 3 per cent to 5 per cent in the region during the reporting period. This was driven by company’s pricing strategy, as well as a reduction in the discount for various products. The company reported that the board expects the growth in the adjusted operating profit for the year to be in line with the company’s estimates in between the range of 5 per cent to 7 per cent year on year. The biggest point that the company made in the update was the expectation of the board around the free cash flow post dividends, which has been anticipated to be around £1.5 billion.

BATS Stock Price Performance

(Source: Thomson Reuters) Daily Chart as on 27-November-19, post the close of the market

On 28th November 2019, after the London Stock Exchange closed, while writing, British American Tobacco Plc’s stock price was reported to be at GBX 3080.00 per stock, an increase of 3.15 per cent or GBX 94.00 per stock, as compared to the previous day’s closing price, which was reported to be at GBX 2986.00 per stock. At the time of reporting, the British American Tobacco Plc stock was reported to be at 36.95 per cent above the 52-week low stock price, which was at GBX 2249.00 per stock, that the company’s stocks reached on May 17, 2019. The company’s market capitalisation (M-Cap) was reportedly valued to be at GBP 68.494 billion with respect to the stock’s current market price.

The beta of the British American Tobacco Plc’s stock was reported to be at 1.44. This can be interpreted into the fact that the movement of the company’s stock is more volatile, in comparison with the movement of the benchmark index.

Marston’s Plc

Marston’s Plc (LON:MARS) is a Wolverhampton, the United Kingdom based Travel and Leisure company which is engaged in running pubs and beer brewing and is the leading brewer of premium cask and bottled beers. The company owns and manages fashionable town centre bars, family pub restaurants and traditional locals, with six breweries producing over 60 of ales at its sites in the West Midlands, Bedford, Hampshire, Cumbria, Oxfordshire and Trent. The company also owns 40 inns all over the country and operates a range of traditional and contemporary breweries, which supply and distribute beers to its estate, supermarkets and other pub businesses across the nation.

MARS Financial Performance

On 27th November 2019, the company announced its preliminary results for the year ended on 28th September 2019. It was reported that the underlying revenue was up from £1.140 billion to £1.174 billion. This was driven majorly by the sales in the Taverns segment despite difficult market conditions. The Underlying Profit before tax was reported to be at £101.0 million, a decline in comparison with the £104.0 million in the previous year. The company also highlighted that the average profit per pub was almost similar to that of the previous year.

MARS Stock Price Performance

(Source: Thomson Reuters) Daily Chart as on 27-November-19, post the close of the market

On 28th November 2019, after the London Stock Exchange closed, while writing, Marston’s Plc’s stock price was reported to be at GBX 131.40 per stock, an increase of 3.14 per cent or GBX 4.00 per stock, as compared to the previous day’s closing price, which was reported to be at GBX 127.40 per stock. At the time of reporting, the Marston’s Plc stock was reported to be at 46.04 per cent above the 52-week low stock price, which was at GBX 89.70 per stock, that the company’s stocks reached on December 21, 2018. The company’s market capitalisation (M-Cap) was reportedly valued to be at GBP 807.75 million with respect to the stock’s current market price.

The beta of the Marston’s Plc’s stock was reported to be at 0.22. This can be interpreted into the fact that the movement of the company’s stock is less volatile, in comparison with the movement of the benchmark index.

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Grainger Plc

Grainger Plc (LON:GRI) is a Newcastle; the United Kingdom headquartered financial services company that engages in the business of Real Estate Investments. The company’s main focus is on the rental residential market in the United Kingdom with a portfolio of around 8500 rental homes in the whole country.

GRI Financial Performance

On 27th November 2019, the company announced its full-year audited financial results for the year ended 30th September 2019. The company reported a robust rise of more than 45 per cent year on year in the net rental income to £63.5 million. Albeit, the company’s adjusted earnings were reported at a decline of around 12 per cent year on year from £94.0 million in the previous year to £82.5 million during the reporting period. This did not translate into the profit before tax, which was reported at an increase of around 30 per cent year on year to £131.3 million. The Earnings per share were declared at a rise of 5 per cent year on year while the dividend per share was also proposed by the management at GBX 5.19 per share, an increase of 9 per cent year on year.

GRI Stock Price Performance

(Source: Thomson Reuters) Daily Chart as on 27-November-19, post the close of the market

On 28th November 2019, after the London Stock Exchange closed, while writing, Grainger Plc’s stock price was reported to be at GBX 282.00 per stock, an increase of 2.17 per cent or GBX 6.00 per stock, as compared to the previous day’s closing price, which was reported to be at GBX 276.00 per stock. At the time of reporting, the Grainger Plc stock was reported to be at 38.24 per cent above the 52-week low stock price, which was at GBX 204.00 per stock, that the company’s stocks reached on January 03, 2019. The company’s market capitalisation (M-Cap) was reportedly valued to be at GBP 1.689 billion with respect to the stock’s current market price.

The beta of the Grainger Plc’s stock was reported to be at 0.59. This can be interpreted into the fact that the movement of the company’s stock is less volatile, in comparison with the movement of the benchmark index.


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