Inside Actavo: the margins, the cash burn, the growth strategy and the foreign retreat
For a number of years, Actavo built an empire, from the Caspian Sea to the US Gulf Coast. But the company grew too fast and found itself in unprofitable businesses. An analysis of the company's performance shows much of the damage has nearly been undone.
25th Aug, 2020 - 6 min read
Resilient CRH is cruising through 2020. Next up, a dividend
Construction firms have been among the hardest hit from Covid-19, but international building materials supplier CRH has held up well. In its first-half results, released yesterday, there are few signs of stress. What happens next depends on the US.
21st Aug, 2020 - 3 min read
Either the Irish banks are being extraordinarily cautious, or a wave of defaults is coming
This week, AIB and Bank of Ireland announced enormous write-downs on the value of their loan books. There are two possible explanations – one is good, the other is worrying. Just what is going on?
7th Aug, 2020 - 9 min read
FBD has agreed to cover costs in Covid test case. But just how much money is ultimately at stake?
The market has wiped 27% off the value of FBD since March, with investors concerned about the insurer’s potential exposure to Covid-19 business interruption claims. FBD puts the figure at €30 million, but many believe the figure would be a multiple of that.