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Thursday 11th of February 2010

News Tag: operating profit

February 5, 2010

BA posts £50m loss in Q3

by Kay Murchie
British Airways (BA) has today reported a £50 million loss in the three months to December 31 2009, compared with the £122 million it lost in the same period a year earlier. However, the loss was much less than analysts’ predictions for a £151 million loss. Meanwhile, the airline posted a surprise £25 million operating profit in the three-month period, against a ...

March 30, 2009

LGIM profits up 17%

by David Masters
LGIM profits up 17%
Legal & General Investment Management (LGIM) has posted its 2008 results with an increase in profit despite the credit crunch. Pre-tax operating profit increased 17% to £172 million, up from £147 million in 2007. Gross new business inflows for the year were £30.9 billion, although year-end total funds under management dropped to £264.2 billion, down from £296.6 billion the previous year. Peter Chambers, LGIM's chief executive ...