Podchaser Logo
Home
Housebuilders, PZ Cussons and the future of British American Tobacco: The Companies and Markets Show

Housebuilders, PZ Cussons and the future of British American Tobacco: The Companies and Markets Show

Released Friday, 9th February 2024
Good episode? Give it some love!
Housebuilders, PZ Cussons and the future of British American Tobacco: The Companies and Markets Show

Housebuilders, PZ Cussons and the future of British American Tobacco: The Companies and Markets Show

Housebuilders, PZ Cussons and the future of British American Tobacco: The Companies and Markets Show

Housebuilders, PZ Cussons and the future of British American Tobacco: The Companies and Markets Show

Friday, 9th February 2024
Good episode? Give it some love!
Rate Episode

We start this week’s show with property writer Mitchell Labiak, who delves into the details of the big takeover story of the week – the £2.5bn Barratt (BDEV) and Redrow (RDW) deal. The team weighs in on how sensible the move is, the two companies’ recent results and whether this could be the beginning of a swathe of housebuilder M&A activity.


It’s then on to healthcare company PZ Cussons (PZC) whose shares slumped after weaker-than-expected results. Christopher Akers examines the company’s decision to cut its dividend and rein in its profit forecasts, and what can be done to resolve issues in Nigeria. Chris also reports on British American Tobacco (BATS), assessing the headwinds facing the company, the announcement it may cut its stake in India’s ITC, and the prospect of share buybacks.


Last but not least, Mark Robinson and Julian Hofmann discuss Virgin Money’s recent trading update. The pair explore what the figures can tell us about the business, its view of the wider UK economy, and the credit provisions the company has been taking.


Barratt reports plunge in profits – but Redrow deal could make it stronger


Redrow – earnings down as Barratt comes calling

 

PZ Cussons shares dive after dividend cut


British American Tobacco ponders ITC divestment



Hosted on Acast. See acast.com/privacy for more information.

Show More

Unlock more with Podchaser Pro

  • Audience Insights
  • Contact Information
  • Demographics
  • Charts
  • Sponsor History
  • and More!
Pro Features