Morningstar analysts have reviewed all the numbers and come back with their opinions on the latest quarterly updates from Sainsbury, Vodafone and Aviva. Find out what they have to say below:
J Sainsbury (SBRY)
Sainsbury's latest interim results showed the high-street retailer again increased like-for-like sales.
"The company has now reported positive like-for-like sales for more than 30 straight quarters, which suggests market share gains versus UK industry peers," said Morningstar analyst Michael Keara.
While market share gains may sound like a positive, Keara points out that there are risks that come with this. "Going forward, we believe share gains will have to come at the expense of profits from an increased promotional pricing and tough macro-economic environment," he said.
To read Kearas' full analysis, Premium subscribers can find his report here.
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Vodafone (VOD)
Morningstar analyst Allan Nichols described Vodafone's fist-half revenue as "weak", saying that a strengthening British pound hurt revenue. Sales for the six-month period declined by 7.4% compared to the previous year.
"Europe as a whole struggled more than we anticipated. Germany was the only major country that outperformed our expectations, while the UK, Italy, and Spain were all worse ... The debt crisis and corresponding government austerity measures are clearly having a greater impact than we anticipated as customers cut back on their phone usage. While data revenue continues to increase, it is not sufficient to offset the lower voice and texting revenue. As more subscribers move to bundles of services, this pressure will likely continue."
To read Nichols' full analysis, Premium subscribers can find his report here.
Aviva (AV.)
The latest interim management statement from the insurer revealed it is unloading "noncore" businesses, retreating from unprofitable markets, increasing its economic capital ratio and working to fill its CEO position, stated Morningstar analyst Vincent Lui.
"We are encouraged by the operational overhaul and the actions taken by management to improve financial strength and returns," said Lui after reviewing the latest interim management statement. "We think the progress so far has been encouraging."
To read Lui's full analysis, Premium subscribers can find his report here.