LONDON, June 12, 2014 /PRNewswire/ --
Editor Note: For more information about this release, please scroll to bottom.
Today, Earnings Review released its analysts' notes regarding InterContinental Hotels Group PLC (LON: IHG), Pearson plc (LON: PSON), Rolls-Royce Holding PLC (LON: RR), WH Smith Plc (LON: SMWH) and Carphone Warehouse Group PLC (LON: CPW). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://earnings-review.com/3662-100free.
InterContinental Hotels Group PLC Analyst Notes
On June 10, 2014 InterContinental Hotels Group PLC (IHG) announced signing of 110-room Holiday Inn Express® Istanbul - Halkali, which will open in 2014 and operate under a franchise agreement with Liv Yapi Gayrimenkul Yatirim. According to the Company, the first internationally branded limited service hotel near Istanbul International Airport will feature a number of meeting rooms and the brand's signature Great Room, where guests can enjoy a complimentary Express Start® breakfast. In addition, the hotel is also well placed to cater to guests from the CNR Expo, International World Trade Centre and Olympic stadium located nearby. Yalin Yaltiraki, Director of Development, Turkey, IHG commented, "The Holiday Inn Express brand is designed to be the smart choice for value-conscious travellers. This hotel is the only one of its kind in the airport's vicinity and, together with its prime location, is set to receive a steady stream of guests visiting Turkey." Thefull analyst notes on IHG are available to download free of charge at:
http://earnings-review.com/3662-IHG-12Jun2014.pdf
Pearson plc Analyst Notes
On May 23, 2014, Pearson plc (Pearson) announced that its Pearson Test of English Academic (PTE Academic) has been approved by the Australian Government Department of Immigration and Border Protection (DIBP) as proof of English language proficiency for a range of visa categories. Pearson informed that this is the first time in last 13 years that visa applicants will have a choice of Government-approved English language testing options. According to the Company, the aforesaid approval will affect skilled, temporary graduate, work, holiday and former resident visa programmes. In addition, the decision will impact all visa subclasses, with the exception of subclass 457, which is currently undergoing an external review. According to the Company, in 2012-2013, approximately 130,000 visas were granted for permanent additions to the Australian population through this range of visa categories. The full analyst notes on Pearson are available to download free of charge at:
http://earnings-review.com/3662-PSON-12Jun2014.pdf
Rolls-Royce Holding PLC Analyst Notes
On June 6, 2014, Rolls-Royce Holding PLC (Rolls-Royce) announced that it has received an integrated design and equipment package order for four additional Rolls-Royce UT 771 WP platform supply vessels from COSCO Shipyard Group (COSCO). The Company informed that this order came after COSCO won options by the Singapore-based Chellsea Group for the construction of four platform supply vessels designed by Rolls-Royce. Rolls-Royce said the first four supply vessels are under construction, while the remaining four are scheduled for delivery between Q2 2016 and Q1 2017. Ronny Pål Kvalsvik, Rolls-Royce, Vice President Sales and Contract - Offshore, said, "We have developed a very good relationship with COSCO and Chellsea, and are of course extremely pleased that they have reaffirmed their confidence in both us and the UT-design with this latest contract." The full analyst notes on Rolls-Royce are available to download free of charge at:
http://earnings-review.com/3662-RR-12Jun2014.pdf
WH Smith Plc Analyst Notes
On April 10, 2014, WH Smith Plc (WH Smith) released its H1 FY 2014 financial results (period ended February 28, 2014). The Company reported H1 FY 2014 revenue from continuing operations of £613 million, down 3.9% YoY. During the quarter, the Company's travel segment revenues improved 2.3% YoY to £221 million, reflecting some recent improvement in U.K. air passenger trends. However, the Company registered a 7.1% YoY decline in high street segment revenue to £392 million due to some challenging markets and weaker publishing in the period. During the period, the Company's operating profit improved 2.9% YoY to £71 million. The Company's H1 FY 2014 profit came in at £56 million, or 46.3 pence per diluted share, compared to a profit of £52 million, or 40.3 pence per diluted share, in H1 FY 2013. The full analyst notes on WH Smith are available to download free of charge at:
http://earnings-review.com/3662-SMWH-12Jun2014.pdf
Carphone Warehouse Group PLC Analyst Notes
On May 29, 2014, Carphone Warehouse Group PLC (Carphone Warehouse) confirmed that it is stocking the brand new LG G3 and also informed that it has started taking pre-orders for the handset on its website. Pre-orders at Carphone Warehouse stores started on June 3, 2014. The new smartphone, which is expected to be available in stores on July 1, 2014, comes with a 5.5' Quad HD display, 13MP camera, and a 3000 mAh battery. The phone is available in metallic black, silk white or shine gold. Carphone Warehouse Spokesperson said, "LG has somehow managed to cram an incredible 5.5" Quad HD screen, super-fast processor and top spec camera into one relatively lightweight handset with impressive and long lasting battery power. We're predicting that this will be the geek chic device of 2014 that customers will want to snap up." The full analyst notes on Carphone Warehouse are available to download free of charge at:
http://earnings-review.com/3662-CPW-12Jun2014.pdf
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