Market News - Page 724

Fuller, Smith & Turner P.L.C. (“Fuller’s” or “the Company”), the London brewer and premium pub company, today makes the following trading statement for the 16 weeks from 1 April to 21 July 2018 (“the period”), in advance of the Company's Annual General Meeting to be held today [24 July 2018] at 11am, in The Hock Cellar, Griffin Brewery, Chiswick, London W4 2QB….

Custodian REIT, the UK commercial real estate investment company, today reports its unaudited net asset value (“NAV”) as at 30 June 2018 and highlights for the period from 1 April 2018 to 30 June 2018 (“the Period”)….

PZ Cussons Plc, a leading international consumer products group, announces its final results for the year ended 31 May 2018….

Netcall plc (AIM: NET), a leading provider of low-code and customer engagement software, today announces the following trading update for the 12 months ended 30 June 2018:…

Further to the earlier announcement on 6 July 2018, Town Centre Securities (TCS), the Leeds based property investor and car park operator, is pleased to announce that it has finalised discussions with Leeds City Council (LCC) in relation to a re-financing of Merrion House in Leeds….

Hammerson plc (“Hammerson”) has exchanged contracts for the sale of two retail parks, Imperial Retail Park, Bristol and Fife Central Retail Park, Kirkcaldy, for a total consideration of £164m to Capreon. This transaction brings Hammerson's total proceeds from disposals in 2018 to £300m….

On 19 April 2018, Unilever PLC and Unilever N.V. announced their intention to buy back shares with an aggregate market value equivalent of up to €6 billion, in line with the Group's objective of targeting a net debt to EBITDA ratio of 2.0x and our intention to return the expected after-tax proceeds upon completion of the Spreads disposal to shareholders, unless more value-creating acquisition alternatives arise. On 2 July 2018, the Group announced the completion of the Spreads disposal and on 19 July 2018, the Group announced its intention to complete the €6 billion share buyback programme before the end of this year….

Highlights:
The overall return, which is the increase in NAV during the half year plus the dividend paid, is minus 4.1 per cent.
Unaudited Net Asset Value (NAV) is 264.2p per share (31 December 2017: 284.8p, 30 June 2017: 268.7p), a decrease of 7.2 per cent for the half year and a decrease of 1.7 per cent over the past year.
Gross Revenue increased by 12.5 per cent to £141,907 compared with the half year ended 30 June 2017 of £126,098 (full year to 31 December 2017 £238,832).
Revenue return per ordinary share was 5.8p (31 December 2017: 9.6p, 30 June 2017: 5.1p).
A final dividend of 8.9p was paid in April 2018 (2017: final dividend 8.6p).

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