Economics – October data forecast to show further annual increase in Irish manufacturing output

6 Dec 13
The Central Statistics Office will this morning release official manufacturing data for October. The most recent industrial production numbers again painted a mixed picture as far as Ireland’s manufacturing sector is ...

Smurfit Kappa – DS Smith reports strong results and reiterate medium term targets

5 Dec 13
DS Smith, a peer of Smurfit Kappa has released H1 results this morning that benefitted from the company’s increased market share driving organic growth for the group. Revenue for the period ...

Aer Lingus – Challening November for passenger statistics but is reflected in existing guidance

5 Dec 13
Aer Lingus has reported passenger statistics for Novemer this morning that show declines for both short and long haul passengers carried. For the month, the total number of passengers carried, including ...

Ryanair – LCC passenger statistics for November show solid outturn

5 Dec 13
Ryanair released passenger statistics for November yesterday that showed an improvement both in terms of the number of passengers flown and the load factor achieved by the airline. Passengers numbers increased ...

Irish banks research – BoI executes capital plan, focus turns to disposal of State equity

5 Dec 13
BoI successfully executed its “capital plan” yesterday placing €580m of new stock at 26c (discount of 3% to previous close/equates to 7.4% of prior outstanding shares) while selling €1.3bn of the ...

Irish banks research – NAMA redeems e500m of senior bonds

5 Dec 13
NAMA announced that it redeemed €500m of senior bonds yesterday from the PCAR banks (AIB, BoI, ptsb), achieving its target of €7.5bn total redemptions by the end of 2013. This leaves ...

Economics – ECB seen on hold, new forecasts key to next move

5 Dec 13
The European Central Bank is likely to hold off any fresh policy action on Thursday, but new staff forecasts will be in focus for signs of prolonged price weakness that could ...

Economics – Irish jobless rate falls to 12.5% in November

5 Dec 13
There was more positive news on the Irish economy and labour market front yesterday with the seasonally-adjusted Live Register falling 3,400 in the month to 406,200 in November, its lowest total ...

Origin Enterprises – CFO to step down next July

4 Dec 13
Origin Enterprises announced this morning that Brendan Fitzgerald, Chief Financial Officer of the group is to step down from his position at the end of July 2014 in order to pursue ...

Kingspan & Grafton – UK construction PMI hits highest levels in six years

4 Dec 13
The construction PMI for the month of November was released yesterday for the UK that showed a strong outturn and topped consensus forecasts. The reading of 62.6 (October: 59.4) came in ...