The number crunchers expect Henderson to record a 5% earnings advance in 2016, slowing down from the double-digit advances of previous years but still creating a decent-enough P/E multiple of 15.9 times.
The company reported a rise in like-for-like (LFL) retail sales in the 40 weeks to 7 February of 2.2%, with the Spirit Managed business recording a rise of 1.1% in LFL sales during the same period. Encouragingly, the Spirit integration is progressing ...
Late January saw Sky (LSE: SKY) report strong revenue growth and record operating profits for the half year ending in December, with basic earnings per share were up 10% and the interim dividend 2% higher at 12.6p.
And average selling prices rocketed 17% in the period to a record �257,000. The Newcastle firm noted that “trading conditions continue to be favourable,” fuelling expectations that volumes should surge 10% in the year to July 2016.