Financial Result Releases, Strategic Partnership, Shopping Festival Review, and Acquisition Updates - Analyst Notes on ARM, Interserve, Shaftesbury, Halma and Britvic
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LONDON, June 9, 2014 /PRNewswire/ --
Today, Earnings Review released its analysts' notes regarding ARM Holdings plc (LON: ARM), Interserve plc (LON: IRV), Shaftesbury plc (LON: SHB), Halma plc (LON: HLMA) and Britvic Plc (LON: BVIC). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://earnings-review.com/3475-100free.
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ARM Holdings plc Analyst Notes
On April 23, 2014, ARM Holdings plc (ARM) released its Q1 2014 financial results. The Company reported Q1 2014 revenues of £186.7 million, up 9.6% YoY, helped by strong growth in technology licensing revenues and services revenues. During the quarter, the Company's operating profit improved 17.6% YoY to £76.3 million. The Company's Q1 2014 net profit came in at £62.3 million, or 4.4 pence per diluted share, compared to profit of £51.9 million, or 3.7 pence per diluted share, in Q1 2013. As on March 31, 2014, the Company's cash and cash equivalents were £39.0 million, compared to cash and cash equivalents of £43.8 million on December 31, 2013. The full analyst notes on ARM are available to download free of charge at:
http://earnings-review.com/3475-ARM-09Jun2014.pdf
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Interserve plc Analyst Notes
On June 3, 2014, Interserve plc (Interserve) announced that the University Hospital Southampton NHS Foundation Trust (UHS) has selected the Company as its long term commercial estates development partner in a joint venture. Under the partnership, which is for up to 25 years and is worth around £150 million, Interserve and UHS will team up with health and social care property company Prime to secure funding for new development projects. The initial programme of projects that the partnership will undertake includes the construction of a new main entrance, a welcome centre, shops and a multi-storey car park, as well as an on-site hotel capable of accommodating at least 24 private patients undergoing tests or treatment at UHS. Adrian Ringrose, Interserve CEO, said, "Our partnership with Prime will benefit UHS patients and the staff who care for them as well as generating important additional income for the Trust." The full analyst notes on Interserve are available to download free of charge at:
http://earnings-review.com/3475-IRV-09Jun2014.pdf
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Shaftesbury plc Analyst Notes
On May 17, 2014, Shaftesbury plc (Shaftesbury) announced that the Seven Dials and St Martin's Courtyard Spring Shopping Festival saw 30% increase in footfall versus the previous Saturday. Shaftesbury informed that more than 130 retailers, cafés and restaurants took part in the event. Commenting on the success of the debut Shopping Festival, Clare Harris, Head of Marketing Communications at Shaftesbury, said, "We are delighted with the success of our Shopping Festival, which saw Seven Dials become London's green heart for the day." The full analyst notes on Shaftesbury are available to download free of charge at:
http://earnings-review.com/3475-SHB-09Jun2014.pdf
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Halma plc Analyst Notes
On May 30, 2014, Halma plc (Halma) announced that it has completed the acquisition of RCS, a company engaged in designing, manufacturing and selling of pipeline corrosion monitoring products and systems into diverse industries. Halma informed that it has paid £64.7 million ($108 million) as cash consideration to RCS's private shareholders, plus £4.8 million for cash retained in the business. RCS will join the Company's Process Safety sector, collaborating with businesses which already operate in the same industries with similar long-term market growth drivers, including increasing safety requirements. In addition, the Company completed the sale of Monitor Elevator Products, Inc. to Innovation Industries Inc. for a cash consideration of £3.6 million ($6.0 million) which was paid at completion, of which £0.5 million ($0.9 million) was retained in escrow for release in two years. The full analyst notes on Halma are available to download free of charge at:
http://earnings-review.com/3475-HLMA-09Jun2014.pdf
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Britvic Plc Analyst Notes
On May 21, 2014, Britvic Plc (Britvic) released its H1 FY 2014 financial results (28 weeks ended April 13, 2014). The Company reported H1 FY 2014 revenue of £670.7 million, up 4.9% YoY. During H1 FY 2014, the Company's Great Britain revenue improved 5.0% YoY to £452.0 million; and revenue from France improved 8.0% YoY to £127.4 million. The Company's H1 FY 2014 profit attributable to equity shareholders stood at £27.5 million, or 11.2 pence per diluted share, compared to profit of £24.7 million, or 10.1 pence per diluted share, in H1 FY 2013 (period ended April 14, 2013). As on April 13, 2014, the Company's cash and cash equivalents were £44.4 million, compared to cash and cash equivalents of £7.4 million on April 14, 2013. The full analyst notes on Britvic are available to download free of charge at:
http://earnings-review.com/3475-BVIC-09Jun2014.pdf
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