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TRADING UPDATES: Wentworth payout up; Distribution Finance loss steady


TRADING UPDATES: Wentworth payout up; Distribution Finance loss steady
Wed, 21st Apr 2021 19:18
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News:
Wentworth Resources PLC - Tanzania-focused natural gas producer - Revenue for 2020 rises 1.9% to USD19.0 million from USD18.6 million in 2019, while pretax profit surges to USD2.2 million from USD987,000. Profit growth outstrips revenue increase as cost of sales falls 7.1% to GBP9.4 million. Says performance was strong and resilient against challenging backdrop. Declares dividend of 1.0 pence per share, bringing total dividend for year to 1.5p, up 27% on 2019. Adds that it has seen a record first quarter performance to date, with average production volumes for the first quarter of 2021 84.7 million standard cubic feet per day per day versus 63.6 million a year ago. ....

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Miners in focus for Wednesday while UK inflation data provides macro flavour


Miners in focus for Wednesday while UK inflation data provides macro flavour
Blue-chip miners Antofagasta and BHP are in the diary for mid-week, while earnings season in the US will bring results from Spotify and Verizon among others
The middle of the week will see the mining sector in view with updates scheduled from a number of blue-chip diggers including Antofagasta and BHP.
Meanwhile, the macro calendar will also be in focus with the latest batch of UK inflation data. The retail price index is tipped to show a 1.9% year-on-year increase, up from 1.4% in February, while the consumer price index is expected to see the inflation rate rise to 1.0% from February’s 0.4%. ....

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Primark owner Associated British Foods PLC to report interim next week alongside updates from miners, Taylor Wimpey PLC, Domino's Pizza Group PLC

Primark owner Associated British Foods PLC to report interim next week alongside updates from miners, Taylor Wimpey PLC, Domino's Pizza Group PLC
proactiveinvestors.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from proactiveinvestors.co.uk Daily Mail and Mail on Sunday newspapers.

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