Tag: full year

HMV profits and sales fall

HMV profits and sales fall

Music, books and games retailer HMV has today reported a pre-tax profit of £28.9 million in the 12 months to the end of April – a fall of 61% compared with the £74.2 million in the same period a year earlier. Furthermore, like-for-like sales have dived 11% over the past year as it struggles with […]

June 30, 2011 More
Taylor Wimpey returns to full-year profit

Taylor Wimpey returns to full-year profit

Taylor Wimpey, which was formed by the merger of Taylor Woodrow and George Wimpey, today said it had returned to profitability but remains cautious. The housebuilder, which is the country’s third largest by value, said pre-tax profit before exceptional items came in at £75.1 million for the 2010 year – against a loss of £96.1 […]

March 3, 2011 More
easyJet profit soars on rising passenger numbers

easyJet profit soars on rising passenger numbers

Budget airline easyJet has today said profits have been boosted by a rise in passenger volumes and the group said it will pay its first ever dividend in 2012. The no-frills airline said passenger numbers grew 8% in the full-year to the end of September to 49 million, while profits totalled £154 million in the […]

November 16, 2010 More
Troubled UK Coal reports full-year loss

Troubled UK Coal reports full-year loss

The UK’s biggest coal producer, UK Coal, has today reported increased losses for the 2009 year due to a fall in production and lower coal prices. The company said pre-tax losses grew to £129.1 million for the full year, against a loss of £15.6 million the previous year. Meanwhile, revenues plunged by 20% to £316 […]

April 26, 2010 More
RBS agrees sale of GE Capital

RBS agrees sale of GE Capital

The Royal Bank of Scotland (RBS), which is 84% state-owned, has today announced it will dispose of its factoring unit in Germany to GE Capital, the financial services division of General Electric. In a statement, the bank said: “The Royal Bank of Scotland Group plc has agreed the sale of RBS Factoring GmbH to GE […]

March 29, 2010 More
Sainsbury’s profits in line with expectations

Sainsbury’s profits in line with expectations

March 24, 2010 More
HSBC posts fall in pre-tax profits

HSBC posts fall in pre-tax profits

Europe’s largest bank, HSBC, has today said pre-tax profits fell to $7.07 billion (£4.6 billion) last year compared with $9.3 billion in the previous year. The banking giant said loan impairments charges and other credit provisions were $26.5 billion in 2009 – a rise of 9% compared with the previous year. Stephen Green, chairman of […]

March 1, 2010 More
Lloyds posts £6.3bn annual loss

Lloyds posts £6.3bn annual loss

Lloyds Banking Group, which is 41% owned by the taxpayer, has today posted a full-year loss of £6.3 billion. Lloyds is the third major UK bank to report its 2009 results. Yesterday, Royal Bank of Scotland (RBS) posted a £3.6 billion loss, while last week, Barclays announced record profits of more than £11 billion – […]

February 26, 2010 More
RBS posts £3.6bn annual loss

RBS posts £3.6bn annual loss

Royal Bank of Scotland (RBS), which is 84% state-owned, has today posted a full-year loss of £3.6 billion. RBS is the second major UK bank to report its 2009 results. Last week, Barclays announced record profits of more than £11 billion – a 92% rise on the previous year. However, RBS’ loss is not as […]

February 25, 2010 More
Barclays posts record annual profits

Barclays posts record annual profits

Banking giant Barclays has today reported a 92% rise in full-year profits to £11.6 billion, compared with £6.07 billion in 2008. The bank said the strong figures were the result of its sale of its fund management division, Barclays Global Investors, for £8.2 billion last summer. Barclays is one of the few banks not to […]

February 16, 2010 More
Xstrata reports fall in full-year profits

Xstrata reports fall in full-year profits

Anglo-Swiss mining group, Xstrata, has today reported a fall in full-year pre-tax profits to $1.87 billion (£1.2 billion), against $6.05 billion a year earlier. However, despite the fall, the company said it will resume dividend payments after scrapping them for the first half of 2009, as a result of growing debt and a slump in […]

February 8, 2010 More
easyJet hit by rising fuel costs

easyJet hit by rising fuel costs

Budget airline easyJet has posted a severe fall in profits for the full-year to the end of September as a result of rising fuel costs. The airline posted underlying pre-tax profits of £43.7 million, compared with £123.1 million in the same period a year earlier – a fall of 64.5% However, the no-frills airline said […]

November 17, 2009 More
Carpetright cautious for year ahead as it posts 72% fall in profits

Carpetright cautious for year ahead as it posts 72% fall in profits

Carpetright, which has been hit by the housing market slump and the recession, has today posted 72% decline in full-year profits. Britain’s largest carpet retailer reported a pre-tax profit of £16.7 million in the year to May 2, compared with £59.5 million for the same period a year ago. Annual revenues were down 7.4% from […]

June 30, 2009 More
Sony reports first loss in 14 years

Sony reports first loss in 14 years

Japanese electronics giant Sony has today announced its first annual loss in 14 years. The group reported a loss of 98.9 billion yen (£685 million) for the year ended 31 March, against a profit of 369.4 billion yen the previous year. Following the company’s first back to back loss since 1958, Chief Executive Officer, Howard […]

May 14, 2009 More
WPP full-year profits down 5.8%

WPP full-year profits down 5.8%

The world’s largest advertising group WPP has announced that revenue is down by 5.8 percent like-for-like in the first 3 months of 2009 and recovery is unlikely until 2010 after a trading update was released today. Cuts in clients’ spending, as a result of tightening advertising and marketing budgets means that 2009 will be a […]

April 28, 2009 More
Leeds Building Society declares ‘strong’ results

Leeds Building Society declares ‘strong’ results

Leeds Building Society yesterday posted its 2008 results, with profits remaining strong despite the global financial downturn. Assets of the UK’s seventh largest building society grew by over £900 million to £10.1 billion. End of year operating profit was £68.6 million, compared to £69.4 million in 2007. Savings balance increased by more than £500 million […]

February 27, 2009 More