Topic filter : Annual Profit

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....Next's results reflect these trends in spades. Its annual profits have fallen for the first time in eight years and it doesn't seem in the mood to pull any punches. ... [Read full article on BBC ]
Thursday 23rd of March 2017 01:21:33 PM
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....". Fashion retailer Next said on Thursday it was "extremely cautious" about trading for the coming year as it reported lower annual profits. ... [Read full article on BBC ]
Thursday 23rd of March 2017 10:14:20 AM
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.... . Next shares jumped by 8% despite the retailer reporting its first fall in annual profits for eight years, with profits dropping to £790m. ... [Read full article on BBC ]
Thursday 23rd of March 2017 09:31:43 AM
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. The retailer Next has said a failure to stock enough wardrobe staples had contributed to its first drop in annual profits for eight years. ... [Read full article on Guardian ]
Thursday 23rd of March 2017 08:58:32 AM
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Latest Finance News related to Annual Profit

What Next for shops? image
Source : BBC [Read Article] Thursday 23rd of March 2017 01:21:33 PM
....Next's results reflect these trends in spades. Its annual profits have fallen for the first time in eight years and it doesn't seem in the mood to pull any punches. ...
Higher fuel prices take toll on retail sales image
Source : BBC [Read Article] Thursday 23rd of March 2017 10:14:20 AM
....". Fashion retailer Next said on Thursday it was "extremely cautious" about trading for the coming year as it reported lower annual profits. ...
Next shares leads FTSE 100 higher image
Source : BBC [Read Article] Thursday 23rd of March 2017 09:31:43 AM
.... . Next shares jumped by 8% despite the retailer reporting its first fall in annual profits for eight years, with profits dropping to £790m. ...
Next admits mistakes as profits fall for first time in eight years image
Source : Guardian [Read Article] Thursday 23rd of March 2017 08:58:32 AM
. The retailer Next has said a failure to stock enough wardrobe staples had contributed to its first drop in annual profits for eight years. ...
Next sees first annual profit fall in eight years image
Source : BBC [Read Article] Thursday 23rd of March 2017 07:24:09 AM
. Next has reported its first fall in annual profit for eight years and warned of "another tough year ahead". ...
BA owner IAG launches new long-haul airline Level image
Source : BBC [Read Article] Friday 17th of March 2017 10:56:07 AM
....". Last month IAG reported a 64% jump in annual profits to 1. ...
FTSE 100 ends lower after Budget speech image
Source : BBC [Read Article] Wednesday 8th of March 2017 09:03:23 AM
....But shares in rival insurer Admiral ticked up 1. 67% despite the firm reporting that annual profits were down by a quarter. ...
John Lewis and Waitrose owner set to reduce staff bonus image
Source : Guardian [Read Article] Sunday 5th of March 2017 04:49:46 PM
....The cut in the bonus reflects the tough retail environment. The business, which covers department stores, supermarkets and online shopping, is expected to report a 10% fall in underlying annual profits for last year. ...
Moneysupermarket shares hit as revenues dip image
Source : BBC [Read Article] Tuesday 28th of February 2017 09:27:26 AM
....The FTSE 250 company said this was due to customers switching less between savings and current accounts because of low interest rates. The news overshadowed the 16% rise in annual profits to £73. ...
FTSE 100 shrugs off fall in insurance shares image
Source : BBC [Read Article] Monday 27th of February 2017 09:27:14 AM
....Persimmon closed 0. 25% higher after the housebuilder reported a 23% rise in annual profits and gave an upbeat description of recent trading. ...
Trinity Mirror sees big rise in profits image
Source : BBC [Read Article] Monday 27th of February 2017 08:17:10 AM
. Newspaper firm Trinity Mirror has seen annual profit rise 24% after it bought local paper group Local World. ...
Barclays full-year profits almost treble to £3.2bn image
Source : BBC [Read Article] Thursday 23rd of February 2017 12:02:21 PM
Vauxhall job fears rise as Peugeot boss mentions 'speedy' savings image
Source : Guardian [Read Article] Thursday 23rd of February 2017 11:00:40 AM
....McCluskey criticised May for not meeting Tavares, “as this would have been the opportunity for her to state that she will give UK plants the same, if not more, backing for the UK plants as the German and French leaders have given their workforces”. PSA announced on Thursday it would resume dividend payments for the first time since 2011, after annual profits nearly doubled to €1. ...
Qantas profits buffeted by competition headwinds image
Source : BBC [Read Article] Thursday 23rd of February 2017 01:43:50 AM
.... . The company did not give annual profit guidance as the short-term outlook remains subject to variable factors, including "oil price movements, foreign exchange movements and global market conditions". ...
Waterstones makes first year of profit since 2008 financial crash image
Source : Guardian [Read Article] Wednesday 1st of February 2017 04:59:43 PM
. Strong sales of children’s books, teenage literature, and fiction have helped Waterstones to its first annual profit since the 2008 financial crisis, raising the potential of a stock market listing. ...
Tesco hails turnaround as festive sales increase image
Source : Guardian [Read Article] Thursday 12th of January 2017 09:18:49 AM
BA cabin crew start two-day strike at Heathrow image
Source : BBC [Read Article] Tuesday 10th of January 2017 12:01:19 AM
.... . "With the parent company of British Airways forecasting annual profits in the region of £2. ...
Christmas boost for easyJet as 5.6m people fly in December image
Source : Guardian [Read Article] Friday 6th of January 2017 09:59:50 AM
....This comes as welcome news for the airline, which had a rough ride over the year as a whole. EasyJet recorded a sharp fall in annual profits – its first decline in six years – after being hit by the slide in sterling, multiple terrorist attacks and airport strikes. ...
Brompton pins hopes – and profits – on new fold-up electric bike image
Source : Guardian [Read Article] Thursday 5th of January 2017 05:00:48 PM
. The maker of the Brompton fold-up bike is hoping the launch of an electric model this year will kickstart growth after a 40% fall in annual profits. ...
Next warns on outlook as sales fall image
Source : BBC [Read Article] Wednesday 4th of January 2017 07:34:13 AM
....The retailer said full-price sales fell by 0. 4% in the 54 days to 24 December, with annual profits now set to be at the low end of expectations. ...
British Airways cabin crew to go on strike next week in pay dispute image
Source : Guardian [Read Article] Tuesday 3rd of January 2017 07:25:18 PM
....Average pay, including allowances, is around £16,000 a year for the crew, according to Unite, a figure disputed by BA which said all were paid at least £21,000 after bonuses. Discontent has been exacerbated by high executive pay and large profits at the airline, with its parent company, IAG, forecasting annual profits of €2. ...
Santa Rally sends FTSE 100 to new record high image
Source : BBC [Read Article] Wednesday 28th of December 2016 09:49:18 AM
....It blamed "slower-than-expected build production" in December for a slowdown in sales, with completions on around 180 homes set to be delayed into early 2017. Bovis now expected to complete between 3,950 and 4,000 homes this year, which will leave annual profits at between £160m and £170m. ...
Nissan's British arm saw profits rise 21% before EU vote image
Source : Guardian [Read Article] Sunday 18th of December 2016 07:41:39 PM
. The British arm of Japanese car maker Nissan increased annual profits last year ahead of warnings by senior executives that the Brexit vote could undermine its business and put investment plans in jeopardy. ...
Centrica has donated to US climate change-denying thinktank image
Source : Guardian [Read Article] Friday 16th of December 2016 06:00:45 AM
.... It is not clear exactly how much the company has donated in total to the thinktank but the Guardian understands the most recent donation was of the same order of magnitude as the $20,000 given in 2010. On Thursday, Centrica upgraded its annual profit forecast, partly due to a stronger-than-expected performance by its north American businesses. ...
Japan parliament legalises casinos image
Source : BBC [Read Article] Thursday 15th of December 2016 12:38:33 AM
....But with legislation still needed on how to regulate the sector, casinos are not expected to open for at least another six years. An estimate by Daiwa Research Institute suggests that just three casinos in Japan could earn annual profits of $10bn. ...
More than 2,500 BA cabin crew could go on strike over Christmas image
Source : Guardian [Read Article] Wednesday 14th of December 2016 02:53:16 PM
Punch Taverns gets takeover bid from Heineken image
Source : BBC [Read Article] Wednesday 14th of December 2016 01:17:48 PM
....Under UK takeover rules, both potential bidders have until 11 January to say if they will make a firm offer for Punch. Last month Punch announced an annual profit of £60m after losing money for the previous two years. ...
How a healthy buy-to-let profit could soon become a painful loss image
Source : Guardian [Read Article] Saturday 10th of December 2016 07:00:07 AM
....The amount of tax owed by many buy-to-let landlords will double or even triple as a result of changes being phased in from April, it was claimed this week. Some landlords enjoying four-figure net annual profits could end up nursing losses – and if interest rates rise this will make the situation even tighter. ...
Buy to let: ‘We landlords are being vilified’ image
Source : Guardian [Read Article] Saturday 10th of December 2016 06:59:07 AM
.... But Cooper works as cabin crew on an airline earning £34,000 a year, and says he began doing buy to let to supplement his otherwise meagre pension. His total rental income is £104,000 a year, but mortgage interest and charges are £88,000, leaving him with an annual profit of £16,000. ...
Sports Direct auditor under investigation over company's family deal image
Source : Guardian [Read Article] Monday 28th of November 2016 10:58:42 AM
....The announcement comes in a week where corporate governance will be high on the news agenda, with the prime minister expected to publish a green paper on the topic, possibly on Tuesday. According to Sports Direct’s website, some of its international delivery to online purchasers was handled by Barlin, which said earlier this year that it made about £300,000 in annual profit thanks to the arrangement. ...
Mitie withdraws from healthcare as it issues second profit warning image
Source : Guardian [Read Article] Monday 21st of November 2016 09:37:09 AM
....Mitie has expanded to employ 63,000 people across businesses including office cleaning, immigration centres and pest control as organisations have sought to cut costs by contracting out services. The company hit the buffers in September as it said annual profit would be lower than expected because customers, from banks to local authorities, were delaying projects amid uncertainty caused by the Brexit vote and rising employment costs. ...
Rolls-Royce says cost cuts will be at top of target range image
Source : Guardian [Read Article] Wednesday 16th of November 2016 12:10:37 PM
....Rolls-Royce has said annual cost cuts will be at the top of its target range and it is increasingly looking to the future after a string of profit warnings. The UK engine maker said the short-term outlook in some markets was tough but that it was on track to meet forecasts for annual profit. ...
Redfern review into housing: worth building on? image
Source : Guardian [Read Article] Tuesday 15th of November 2016 10:01:01 PM
....The explosion from Sir Stelios Haji-Ioannou hasn’t been heard yet, but it may only be a matter of time. EasyJet, in the face of a 28% fall in annual profits and a 40% decline in the share price in the past 18 months, is stepping up its expansion. ...
EasyJet profits fall due to weak pound and discount fares image
Source : Guardian [Read Article] Tuesday 15th of November 2016 09:25:44 AM
. EasyJet suffered a sharp fall in annual profits – its first decline in six years – and expects a further drop this year after the budget airline was hit by the weak pound and was forced to cut prices. ...
British Airways cabin crew to vote for possible industrial action image
Source : Guardian [Read Article] Friday 11th of November 2016 04:21:44 PM
....Walsh, chief executive of BA’s parent company IAG, earned £6. 5m in 2015, while the company is forecasting annual profits of €2. ...
Ryanair boss says fares will fall up to 15% this winter image
Source : Guardian [Read Article] Monday 7th of November 2016 03:23:26 PM
.... It has scaled back plans to expand in the UK and shifted capacity to airports in Italy, Germany and Belgium. Last month, Ryanair said annual profit would be lower than expected due to the 18% fall in the value of the pound since the referendum on 23 June. ...
Festive fake: viewers fooled by student Nick Jablonka's John Lewis Christmas ad image
....6bn this year, with Burberry’s ad particularly ambitious, running to three minutes, directed by Oscar winner Asif Kapadia, and with stars including Sienna Miller, Dominic West and Lily James. The big stores and companies hope to pull in a quarter of their entire annual profits over the Christmas period. ...
Starbucks reports record annual profit image
Source : BBC [Read Article] Friday 4th of November 2016 01:12:18 AM
. Starbucks may be complaining of "global headwinds" but that did not stop the world's biggest coffee chain from reporting record annual profits. ...
Sony cuts annual profit outlook by 10% image
Source : BBC [Read Article] Monday 31st of October 2016 09:05:22 AM
. Sony has cut its annual profit forecast by 10% due to one-off costs from the sale of its battery business. ...
Lower iPhone sales hit Laird profits image
Source : BBC [Read Article] Wednesday 19th of October 2016 12:31:04 PM
....The FTSE 250 company, whose biggest customers include Apple, said it had suffered muted demand for its products in the three months to 30 September. That led to a "very challenging trading performance" in the quarter and forced Laird to lower annual profit guidance to about £50m. ...
Hotel Chocolat is selling more 'hedonistic' treats image
Source : BBC [Read Article] Wednesday 19th of October 2016 09:05:24 AM
.... Sales in stores grew as well as on the website. The company's annual profits before tax were sharply higher, rising from £2. ...
Easyjet warns of £90m currency hit image
Source : BBC [Read Article] Thursday 6th of October 2016 06:31:38 AM
....Easyjet expects a profit of between $490m and £495m for its financial year, which ends on 30 September. That would be down 28% on the £686m annual profit it made in 2015. ...
Women at the top image
Source : BBC [Read Article] Tuesday 20th of September 2016 04:08:42 PM
.... . She'll need that to help get Royal Mail back on track - earlier this year it reported a 33% fall in annual profits as it faces increasing competition. ...
Wetherspoon's boss attacks 'lurid' Brexit claims image
Source : BBC [Read Article] Friday 9th of September 2016 08:31:57 AM
....Data on the UK economy showed a dip in July but has been positive for August. Wetherspoon's itself saw annual profits rise 12. ...
Fox News settles Gretchen Carlson harassment case image
Source : BBC [Read Article] Tuesday 6th of September 2016 02:45:29 PM
....Roger Ailes became a leading figure in US cable news after Rupert Murdoch brought him in to set up Fox in the mid-1990s. For almost 20 years, Mr Ailes was the top dog as his channel posted annual profits of hundreds of millions of dollars, and transformed the cable news landscape, which had been dominated by CNN. ...
Are we on the verge of a crash in house prices? Only the data will tell | Danny Dorling image
....Those with access to more detailed Zoopla data will know just how great the threat of Brexit is to housing prices, but only a French bank, Société Générale, has put its head above the parapet and suggested the prices in London could fall by 30%, and even 50% is not impossible in some parts of the capital. When claims were made on 24 August that the property market is showing signs of resilience, the only evidence that could be offered was that the building firm Persimmon had increased its annual profits by 19%, almost all of which will have be made on homes sold before the vote. ...
Qantas airline soars to record profit after restructuring image
Source : BBC [Read Article] Wednesday 24th of August 2016 12:55:33 AM
. Australia's national carrier Qantas has posted record annual profits of A$1. ...

BA sparks fury by cutting meals for economy-class passengers on long haul flights
 image
....British Airways reported total profits after tax of £2. 5 billion for the year ending December 2015, while parent company International Airlines Group saw a 65pc rise in annual profits this year. ...

Retail pension black hole widens by £6bn to match annual profit
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Source : Telegraph [Read Article] Saturday 13th of August 2016 07:00:00 PM
...
Australia's Commonwealth Bank posts record profits image
Source : BBC [Read Article] Wednesday 10th of August 2016 01:04:22 AM
. Commonwealth Bank of Australia, the country's biggest lender, has posted a 2% rise in annual profit to a record A$9. ...
Turkish terror attacks weigh on Thomas Cook profits image
Source : BBC [Read Article] Thursday 28th of July 2016 09:41:30 AM
....Thomas Cook has increased sales in other areas, such as the western Mediterranean, while Bulgaria and Cuba have grown in popularity. It now expects annual profit of £300m compared with between £310m-£335m. ...
Property market hit by Brexit, real estate company warns image
Source : Guardian [Read Article] Friday 22nd of July 2016 09:34:31 AM
. Britain’s second-biggest estate agent has warned annual profits will be well below expectations, blaming uncertainty in the property market caused by the vote to leave the EU. ...
Dow closes at record high for sixth day image
Source : BBC [Read Article] Tuesday 19th of July 2016 10:06:58 PM
....Homecare brand Johnson & Johnson rose 1. 7% after raising its annual profit forecast. ...
Waitrose warns on tough trade conditions image
Source : BBC [Read Article] Friday 1st of July 2016 10:17:27 AM
. Waitrose supermarket has reported a 17% fall in annual profits as it warned of "exceptionally tough" conditions in the grocery sector, its latest filing at Companies House has revealed. ...
Vodafone among firms that may shift head offices from post-Brexit UK image
Source : Guardian [Read Article] Tuesday 28th of June 2016 07:08:33 PM
....The telecoms company, which employs nearly 110,000 people around theworld and some 13,000 in the UK, said it would take “whatever decisions are appropriate” once the outcome of the negotiations was known. In a statement, the company pointed out that its European businesses produce 55% of the group’s annual profit, whereas the UK brings in just 11%. ...
Foxtons and easyJet issue profits warnings following leave vote image
Source : Guardian [Read Article] Monday 27th of June 2016 07:03:16 AM
....EasyJet’s warning followed its statement on Friday in response to the referendum result when it said performance would not be damaged in the long run, but failed to mention short-term trading. On the same day, British Airways’ owner, International Airlines Group, warned that annual profits would be less than expected because of weak trading caused by the referendum. ...
International Airlines Group shares plummet as it warns on profits image
Source : Guardian [Read Article] Friday 24th of June 2016 09:42:53 AM
. British Airways’ owner has warned annual profit will be less than expected because of weak trading caused by the EU referendum. ...
Tesco boss forced to defend bank chief's taxi bill before shareholders image
Source : Guardian [Read Article] Thursday 23rd of June 2016 06:13:44 PM
....Tesco’s share price has drifted down this year as investors have worried about Lewis’s ability to rebuild profitability. Tesco eked a pre-tax profit of £162m in the year to 27 February, but four years ago it was making a £4bn annual profit. ...
City news: Iceland, Fuller Smith & Turner, Sainsbury's and Bonmarche image
Source : Daily Express [Read Article] Saturday 11th of June 2016 08:03:00 AM
....”. FOOD and premium wine sales helped Fuller Smith & Turner top up annual profit by 12 per cent despite drooping beer and cider volumes. ...
City News: British Retail Consortium, Asda, Co-op, Parkdean Resorts image
Source : Daily Express [Read Article] Tuesday 7th of June 2016 08:07:00 AM
....Parkdean pitching it perfect. HOLIDAYMAKERS taking shorter but more frequent breaks has helped Parkdean Resorts post bumper annual profits. ...
Sainsbury's boss enjoys 86% pay rise despite fall in underlying profits image
....”. The revelations on Coupe’s pay come after Sainsbury’s revealed a 14% drop in underlying annual profits to £587m in the year to 12 March as it was forced to slash prices to compete with the rise of the discounters. ...
Challenger banks accuse watchdog of naivety over big four dominance image
Source : Guardian [Read Article] Tuesday 24th of May 2016 05:29:00 PM
.... It immediately attracted criticism from consumer bodies, challenger banks and independent analysts who said the measures would do little to break the dominance of Lloyds Banking Group, Royal Bank of Scotland, HSBC and Barclays, which have a combined 77% share of current accounts. The bosses of the challenger banks said the annual marketing budget of just one of the dominant banks “is probably more than the sum of the annual profits of all the challenger banks”. ...
Ryanair ready for a fare war image
Source : Daily Express [Read Article] Tuesday 24th of May 2016 08:48:00 AM
. Cheaper fuel helped the budget airline's annual profit take off 43 per cent to £962million on 16 per cent higher revenue of £5billion. ...
Ryanair on high after profits soar image
Source : Daily Express [Read Article] Monday 23rd of May 2016 08:36:00 AM
. The City expects to see the Dublinbased airline's annual profits after tax jump 44 per cent to €1. ...
Burberry tightens belt as global fashion slows image
Source : Daily Express [Read Article] Thursday 19th of May 2016 07:37:00 AM
....He expects growth in the £200billion global luxury market to slow from an average 7 per cent a year since 2010 to “low single digit”. Burberry forecasts annual profit this year will be towards the bottom of the range of analysts’ expectations of £375-449million. ...
Christopher Bailey: from Burberry chief executive to chief hatchet man image
Source : Guardian [Read Article] Wednesday 18th of May 2016 06:50:58 PM
....Burberry’s Christopher Bailey has two jobs already, chief executive and chief creative officer, and now he has a third: chief hatchet man. Strictly speaking, he can perform the cost-cutting role while wearing his CEO trench coat, but the size of the task is greater after a 10% fall in annual profit and a prediction of another decline to follow. ...

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