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TUI Stocks Fall as The Company Posts Heavy Half-Yearly Losses
May 12, 2021 04:39 PM BST| 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 12, 2021 04:14 PM BST| 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 11:02 AM BST| 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 11, 2021 05:47 PM BST| 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 01:53 PM BST| 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 02:47 PM BST| 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 29, 2021 05:31 PM BST| 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 29, 2021 05:26 PM BST| 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.....
What significant factors led Dixons Carphone to show robust growth in online electrical sales during FY21?
April 28, 2021 05:29 PM BST| By Team Kalkine MediaSummary DC. had shown a jump of more than 100% in online electrical sales to around £4.5 billion during FY21. The Company expects net cash of around £150 million at the end of FY21. The Company expects to report adjusted PBT of aro.....
Lotus to Build Electric Sports Cars in the UK, Focus on Aston Martin And Rolls Royce
April 28, 2021 02:09 PM BST| By Suhita PoddarSummary Lotus Cars has decided to manufacture electric sports car in the UK with an investment of £2.5 billion Lotus Car’s latest model, the Lotus Emira, a V6 sports car is the last combustion-engine ca.....
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What are the recent business updates unveiled by FTSE AIM-listed Jet2 Plc?
April 27, 2021 03:40 PM BST| By Team Kalkine MediaSumamry JET2 expects FY21 total losses ranging from negative £375 million to negative £385 million. JET2 had decided to extend the suspension of the flights from 17 May 2021 to 23 June 2021. JET2 had unaudited total cash of £.....
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Lens On 4 Aviation Stocks as EU Might Open Leisure Travel to Vaccinated US Travellers
April 27, 2021 12:34 PM BST| By Suhita PoddarSummary European Commission said vaccinated US tourists might be allowed to travel to the EU. The European Commission would also ask member states to resume travel from the US. There was no clarification on whether complete vaccination was man.....
What significant factors led Audioboom Group to achieve its maiden profitability during Q1 FY21?
April 23, 2021 06:07 PM BST| By Team Kalkine MediaSummary The revenue of Audioboom Group PLC had shown a surge of around 49% during Q1 FY21 as compared to Q1 FY20. BOOM had reported an adjusted EBITDA of USD 0.03 million during Q1 FY21. The average monthly downloads stood at 87.1 million duri.....
3 EV Investment Opportunities from The UK Stock Market
April 19, 2021 08:15 AM BST| By Suhita PoddarSource: buffaloboy, Shutterstock Summary The EV market is maturing rapidly, and private players are now seizing the EV investment opportunity. There are many EV sector stocks that have doubled the investors’ money in no time. These stoc...
UK Alternative Meat Market Gathers Pace: 4 Hot Vegan Stocks to Watch
April 16, 2021 06:10 PM BST| By AbhijeetSource: Foxys Forest Manufacture, Shutterstock Summary Vegan products and plant-based meat alternatives have seen a rapid growth in the UK. According to the Vegan Society, UK’s vegan market may grow to over $700 million by 2025. ...
Boom in Job Advertisements: Which All Sectors Are Hiring?
April 16, 2021 12:00 PM BST| By Team Kalkine MediaSource: nitsawan katerattanakul, Shutterstock Summary Total online job advertisements on 9 April were at the same levels as the pre-pandemic times. According to the Adzuna report, vacancies saw an increase in 16 of the 28 industries. &nbs...
What is the financial and operational progress made by AO World during FY21?
April 15, 2021 05:15 PM BST| By Team Kalkine MediaSource:ANDRANIK HAKOBYAN, Shutterstock Summary AO World PLC had achieved remarkable revenue growth of around 62% during FY21 ended on 31 March 2021. The Company had added more than 2 million new customers during the year. had adequate liquidi...
Easyjet Expects Revival with Summer Holidays
April 15, 2021 06:18 AM BST| By Suhita PoddarSource: muratart, Shutterstock Summary EasyJet’s accurate capacity forecasting & focus on cash generative flying, minimized cash burn in the second quarter. The budget airline expects to fly up to 20 percent of pre Covid (2019) capac...
Top Pub and Restaurant Stocks to Keep an Eye on Ahead of Reopening Next Week
April 09, 2021 07:26 AM BST| By AbhijeetSource: Prostock-studio, Shutterstock Summary Hospitality and leisure stocks were on the rise after the Easter weekend. As of now, no Covid passports are required to visit restaurants, pubs and bars. Pub owners have invested huge amount of m...
3 Gambling Stocks in Focus as NHS Suggests Taxing Gambling Firms For Social Cause
April 07, 2021 12:05 PM BST| By AbhijeetSource: sutulastock, Shutterstock Summary NHS director Claire Murdoch has said gambling companies should fund addiction treatment through imposition of a compulsive levy. The UK government is reviewing betting sector laws and plans to raise th...
