Exchequer returns data for October show that government finances are broadly on track to hit Budget targets in both revenue and expenditure. However, the key month in the final quarter will be November, with over €8bn in tax revenues expected as self-employed and corporate tax returns come due. This is by some distance the largest tax month in the year and will go some way towards determining the final fiscal position for 2017.
Davy research
Davy ResearchIAG - Updated long-term goals at Capital Markets Day
Davy ResearchAmadeus IT Group - Solid quarter with in-line EBITDA; Premier Inn a new customer for Hospitality IT
Davy ResearchTotal Produce - Acquisition of 50% stake in The Fresh Connection, LLC
Davy ResearchAir France KLM - Strong Q3 results: unit revenue backdrop continues to improve
Davy ResearchMarket comment - First rate rise in a decade but gloomy outlook for UK growth
Davy ResearchLafargeHolcim - A pivot to growth – but first a 4% EBITDA downgrade
Davy ResearchIFG Group - A beneficiary of the UK rate rise