LONDON, July 8, 2014 /PRNewswire/ --
Editor Note: For more information about this release, please scroll to bottom.
Today, Earnings Review released its analysts' notes regarding British American Tobacco plc (LON: BATS), Supergroup PLC (LON: SGP), Whitbread plc (LON: WTB), Coca Cola HBC AG (LON: CCH) and J D Wetherspoon plc (LON: JDW). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://earnings-review.com/4546-100free.
-- British American Tobacco plc Analyst Notes On May 29, 2014, British American Tobacco plc (BAT) suggested the World Health Organisation (WHO) as well as the Governments around the globe for the adoption of a liberal policy of tobacco harm reduction as compared to the tobacco regulation approach. Kingsley Wheaton, the Company's Director of Corporate & Regulatory Affairs, BAT, said, "For governments seeking to reduce tobacco use, we believe it's time for new, more progressive approaches to be considered. One such solution is to offer adult smokers a choice of substantially less risky products such as e-cigarettes. This approach is what many refer to as 'Tobacco Harm Reduction'. However, for this to work Governments and the public health community needs to embrace this concept and the products that support it. Tobacco harm reduction provides a progressive public health policy direction. We welcome the opportunity to collaborate on making this policy a global reality." The full analyst notes on BAT are available to download free of charge at:
-- Supergroup PLC Analyst Notes On June 27, 2014, Supergroup PLC (Supergroup) announced the acquisition of Denmark-based SMAC Group, consisting SMAC A/S, SMAC Retail A/S and SMAC Norge A/S, and operating four owned retail stores, eight Franchise stores and the wholesale business. The transaction, which gives Supergroup the right to trade the Superdry brand in Denmark, Norway and Finland, will assist the Company in meeting its strategic plans for the region, by freeing it to invest its own capital in the store roll-out, improve margins on the wholesale operation and retain local operational and management expertise. Julian Dunkerton, CEO of SuperGroup, said, "The acquisition of our Scandinavian partner follows the purchase of the Spanish and German distributors last year. Our Pan-European strategy is progressing well and we will provide an update on developments at the time of our prelims on July 10. We remain fully focused on maximizing the global opportunity for the SuperDry brand." The full analyst notes on Supergroup are available to download free of charge at:
-- Whitbread plc Analyst Notes On June 17, 2014, Whitbread plc (Whitbread) announced the results of Q1 FY 2015 (period ended May 29, 2014). The Company's like-for-like sales increased by 6.9% YoY, while total sales witnessed a much higher YoY growth of 12.7%. The Company's Premier Inn hotel segment saw like-for-like sales increase by 9.5% YoY and occupancy rates rising by 4.2 percentage points to 80.7% during the period, benefitting from a buoyant hotel market driven by continuing growth in London. The Company's restaurants business also grew well with like-for-like sales growth of 4.4% YoY. Commenting on the Company's plans, Andy Harrison, CEO of Whitbread, said, "We currently have 43 new Premier Inn hotels under construction in the UK and expect to open around 4,500 new rooms this year, together with five joint site restaurants. Costa will open around 300 net new stores this year." The full analyst notes on Whitbread are available to download free of charge at:
-- Coca Cola HBC AG Analyst Notes On June 30, 2014, Coca Cola HBC AG (Coca Cola HBC) announced that its Board of Directors has resolved to apply for the delisting of its American Depositary Receipts (ADRs) from the NYSE, the termination of its ADR program, and the deregistration and termination of its reporting obligations under the U.S. Securities Exchange Act of 1934. While delisting is expected to become effective around July 24, 2014, the Company's ADR program is expected to be terminated around August 1, 2014. The Company stated that UK is the principal trading market for its shares, accounting for more than 85% of total trading volume over the 12 months ended June 18, 2014, in contrast to the trading volume in the U.S. of ADRs, which are around 1.4% of the shares and accounted for just 1.3% of the total trading volume over the preceding 12 months. The full analyst notes on Coca Cola HBC are available to download free of charge at:
-- J D Wetherspoon plc Analyst Notes On June 4, 2014, J D Wetherspoon plc (Wetherspoon) announced that its pubs in Scotland have received recognition at the Best Bar None 2013 awards. Phil Buckley, Wetherspoon's Area Manager for Edinburgh and Cumbernauld, said, "Congratulations to the teams at all three pubs on gaining their accreditations. The recognition from Best Bar None, in West Lothian and Leith, is testament to the high standards achieved and maintained by the outlets." The full analyst notes on Wetherspoon are available to download free of charge at:
=============== 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.
4. If you wish to have your company covered in more detail by our team, or wish to learn more about our services, please contact us at pubco [at] earnings-review.com.
5. For any urgent concerns or inquiries, please contact us at compliance [at] earnings-review.com.
6. Are you a public company? Would you like to see similar coverage on your company? Send us a full investors' package to research [at] earnings-review.com for consideration.
COMPLIANCE PROCEDURE Content is researched, written and reviewed on a best-effort basis. This document, article or report is prepared and authored by Earnings Review, represented by Rohit Tuli, CFA. An outsourced research services provider has only reviewed the information provided by Earnings Review in this article or report according to the procedures outlined by Earnings Review. Earnings Review is not entitled to veto or interfere in the application of such procedures by the outsourced provider to the articles, documents or reports, as the case may be.
NOT FINANCIAL ADVICE Earnings Review makes no warranty, expressed or implied, as to the accuracy or completeness or fitness for a purpose (investment or otherwise), of the information provided in this document. This information is not to be construed as personal financial advice. Readers are encouraged to consult their personal financial advisor before making any decisions to buy, sell or hold any securities mentioned herein.
NO WARRANTY OR LIABILITY ASSUMED Earnings Review is not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted by Earnings Review whatsoever for any direct, indirect or consequential loss arising from the use of this document. Earnings Review expressly disclaims any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Earnings Review does not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.
CFA(R) and Chartered Financial Analyst(R) are registered trademarks owned by CFA Institute.
CONTACT: Adam Redford
CONTACT PHONE: +852-8191-3972