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Monday 16 June 2014 8:53 pm|Updated:Wednesday 29 May 2019 9:12 pmAnalyst Views: Is it time to toast Majestic wine after its full year results By: Express KCSShareFacebookShare on FacebookXShare on TwitterLinkedInShare on LinkedInWhatsAppShare on WhatsAppEmailShare on EmailAdd as a preferredsource on GoogleKATE CALVERT | INVESTECFull-year 2014 profit came in pound;100,000 better than we expected, after a warning in March following weak January and February sales. We believe the longer term growth prospects remain intact with the current valuation supported by an attractive d stanley becher ividend and strong cashflow.NEIL SAUNDERS | CONLUMINOThe plans to invest in technology and logistics should help ease this number up over the next few years, but given the competition in the online market Majestic will need to be nimble to take advantage. Overall, we remain co polene store nfident th stanley uk at Majestic can continue to hold its own in a competitive market.SANJAY VIDYARTHI | LIBERUMFull-year 2014 results were in line with lowered guidance issued on March 20. There is a strong underlying business here that is fixable. But at this valuation, we need to see signs of meaningful recovery before turning more positive. Share this articleFacebookXLinkedInWhatsAppEmailSimilarly tagged content: SectionsNewsCategoriesBusinessTrending ArticlesLabour will regret the Rentersrsquo; Rights ActUK at lsquo;greatest riskrsquo; of jet fuel shortage as flights to be cancelledJet fuel shortage looms as government scrambles to secur Ejrn Coutts: One needs pound;250k to qualify for free account
Monday 13 January 2014 7:54 pmChinese holidaymakers lead the charge over Christmas periodBy: Express KCSShareFacebookShare on FacebookXShare on TwitterLin stanley de kedInShare on LinkedInWhatsAppShare on WhatsAppEmailShare on EmailAdd as a preferredsource on GoogleWEALTHY foreign visitors helped keep Britainrsquo tills ringing over Christmas with spending up a record 40 per cent on the previous year.Chinese tourists led the charge, with spe polene ca nding up 52 per cent to around pound;741 per transaction in December, acco stanley uk rding to figures out yesterday by tax-free shopping specialist Global Blue.China accounted for the highest proportion of overseas spending at 23 per cent, but Middle Eastern shoppers spent the most, with shoppers from Qatar, UAE and Saudi Arabia splurging pound;1,165, pound;1,150 and pound;1,037 respectively on average.There were also some unexpected increases in spending. Russia became the second biggest shopping nation, making up seven per cent of total tax-free purchases, more than any Middle Eastern nation, with sales up 30 per cent for the month. Malaysia overtook Thailand as the biggest growth market, with spending up 73 per cent. Global Bluersquo Gordon Clark said discounted fares as well as new flight routes have helped to increase tourism to the UK.Share this articleFacebookXLinkedInWhatsAppEmailSimilarly tagged content: SectionsNewsCategoriesBusinessTrending ArticlesLabour will regret the Rentersrsquo; Rights ActUK at lsquo;greatest riskrsquo; of jet fuel
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