News Column

Distribution Agreements, Financial Results, Survey Results, and Share Transactions - Analyst Notes on Synthomer, Betfair, BritishLand, Catlin and Inchcape

June 19, 2014



LONDON, June 20, 2014 /PRNewswire/ --


Editor Note: For more information about this release, please scroll to bottom.

Today, Earnings Review released its analysts' notes regarding Synthomer PLC (LON: SYNT), Betfair Group Ltd. (LON: BET), British Land Company PLC (LON: BLND), Catlin Group Limited (LON: CGL) and Inchcape plc (LON: INCH). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://earnings-review.com/3953-100free.

-- Synthomer PLC Analyst Notes On May 16, 2014, Synthomer PLC (Synthomer) announced that the Company has entered into a new national distribution agreement for the U.K. market with Cornelius Group plc (Cornelius). Cornelius is a distributor of speciality chemicals in the U.K. and will represent Synthomer in the Construction & Coatings, Adhesives, Textile, and Fibre Bonding markets. The new collaboration with Cornelius will be officially launched on July 1, 2014. Olaf Schoen, Synthomer's Global Agent and Distribution Manager said, "We are delighted to be able to announce this partnership with Cornelius Group. Together we share the same commitment to customer service and quality and this relationship will see our customers in the UK continue to receive the quality products they need with the service they expect." The full analyst notes on Synthomer are available to download free of charge at:

http://earnings-review.com/3953-SYNT-20Jun2014.pdf

-- Betfair Group Ltd. Analyst Notes On June 11, 2014, Betfair Group Ltd. (Betfair) announced its preliminary financial results for FY 2014 (period ended April 30, 2014). The Company reported FY 2014 revenue of GBP393.6 million, up 1.7% YoY, reflecting robust growth in revenues from Sportsbook (GBP36.2 million, up 50.2% YoY) and Betfair US (GBP45.7 million, up 20.3% YoY), offset by a weak Gaming performance (GBP66.2 million, down 12.8% YoY). Profit attributable to equity holders of the Company came in at GBP51.0 million, compared to a loss of GBP66.3 million in FY 2013. In addition, the Company's Board has recommended a final dividend of 14.0 pence per share together with an interim dividend of 6.0 pence per share, taking the total dividend to 20.0 pence per share. The final dividend is payable on October 3, 2014 to holders of record on September 3, 2014. The full analyst notes on Betfair are available to download free of charge at:

http://earnings-review.com/3953-BET-20Jun2014.pdf

-- British Land Company PLC Analyst Notes On June 13, 2014, British Land Company PLC (British Land) and Aviva Investors jointly announced that they have agreed with the terms of Fat Face to extend its current store at SouthGate shopping centre in Bath. British Land informed that Fat Face has agreed to lease the adjacent unit, which is spread in 3,616 square feet, doubling the size of its ground floor area. In addition, Jacobs Coffee House and Eurochange have taken Kiosk 7 and kiosk 5 with total area of 215 square feet and 333 square feet, respectively, in Southgate. Rob Moore, Property Manager for Fat Face, said, "We are delighted to have secured the adjacent outlet, enabling us to double our retail footprint. This opportunity will allow us to deliver, for the first time in Bath, our entire range to our customers and with it our award winning shop fit." The full analyst notes on British Land are available to download free of charge at:

http://earnings-review.com/3953-BLND-20Jun2014.pdf

-- Catlin Group Limited Analyst Notes On June 16, 2014, Catlin Group Limited (Catlin) announced that Company sponsored Catlin Seaview survey to reveal the impact of Tropical Cyclone Ita on the exposed parts of the Great Barrier Reef earlier this year has released its findings. Catlin informed that the survey, which is running into its third year, is a series of scientific expeditions to study changes occurring to coral reefs, one of the most distinctive features of the oceans. The survey sent a team of divers and scientists from the Global Change Institute at The University of Queensland to do an initial study on impact of Tropical Cyclone Ita. According to the survey team, the Ribbon Reef region of the Great Barrier Reef suffered most as Cyclone Ita passed directly overhead, while the Osprey Reef in the Coral Sea had minimal impact as the centre of the storm passed about 90 kilometres away. The full analyst notes on Catlin are available to download free of charge at:

http://earnings-review.com/3953-CGL-20Jun2014.pdf

-- Inchcape plc Analyst Notes On June 17, 2014, Inchcape plc (Inchcape) announced that the Company has purchased 77,000 ordinary shares for cancellation from Deutsche Bank AG, London Branch. Inchcape informed that the highest price paid for the shares was 611.50 pence per share, while the lowest price paid was 603.00 pence per share. Post the above purchase, the Company holds nearly 453.5 million shares in issue and approximately 2.7 million ordinary shares in treasury. The full analyst notes on Inchcape are available to download free of charge at:

http://earnings-review.com/3953-INCH-20Jun2014.pdf

=============== EDITOR'S NOTES: ===============

1. This is not company news. We are an independent source and our views do not reflect the companies mentioned.

2. Information in this release is produced on a best efforts basis by Rohit Tuli, a CFA charterholder. The content is then further fact checked and reviewed by an outsourced research provider. However, we are only human and are prone to make mistakes. If you notice any errors or omissions, please notify us below.

3. This information is submitted as a net-positive to companies mentioned, to increase awareness for mentioned companies to our subscriber base and the investing public.

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