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News Tag: half year

November 11, 2009

Sainsbury’s profits up 32%

by Kay Murchie

October 6, 2009

Tesco posts strong results amid downturn

by Kay Murchie
Supermarket giant Tesco has today announced a 1.5% rise in pre-tax profits for the half year to the end of August and has bucked the trend by creating 6,500 jobs in the period. Tesco, which has a 30% share of the grocery market, said pre-tax profits were £1.42 billion - up 1.5% compared with the same period last year. Group sales were ...

August 25, 2009

Car insurer Admiral exceeds expectations with 5% rise in profit

by Kay Murchie
Car insurance firm Admiral has today exceeded analysts expectations by reporting a 5% increase in half year profits, boosted by a rise in car cover premiums and steady customer growth. The Cardiff-based insurer posted a pre-tax profit of £105.3 million in the first half of 2009, compared with £100.3 million a year ago. Analysts had expected a profit ...