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....34bn to $874m. Net operating profit was $1. ... [Read full article on Guardian ]
Wednesday 23rd of August 2017 05:06:32 PM
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....04m annual salary. The payouts came as Sky’s total operating profits fell 6% to £1. ... [Read full article on Guardian ]
Wednesday 13th of September 2017 03:44:16 PM
Total Trend count
16
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Latest Finance News related to Operating Profit

Intercontinental Hotel Group flying despite lack of capital - SHARE HUNTER image
Source : Daily Express [Read Article] Monday 14th of August 2017 08:35:00 AM
....In both cases, IHG collects revenues without actually owning the properties. That model helped the group turn a 2 per cent uptick in revenue in the last half into an 8 per cent increase in operating profits and 10 per cent dividend growth, with additional revenue dropping straight through to profit. ...
Rise of electric car solves little if driven by fossil fuels, warns windfarm boss image
....Wright, the former chief executive of Southern Water, took over the UK arm of the Danish state-owned Dong in June, shortly after the company sold off its remaining oil and gas business for £1bn to Ineos. Dong announced last week that its operating profits were up by 74% in the second quarter of the year on the back of new windfarms. ...
Worldpay takeover deal: not bad, but could have been better | Nils Pratley image
Source : Guardian [Read Article] Wednesday 9th of August 2017 06:27:04 PM
....Back in the UK, Brexit is panning out as chief executive Nigel Wilson predicted, with minimal effect on the business despite “some structural weakness in the UK economy”. Overall, operating profit improved 27% to £988m in the first half of 2017. ...
Bank of England deputy's Brexit warning is strong stuff | Nils Pratley image
Source : Guardian [Read Article] Tuesday 8th of August 2017 11:01:03 PM
.... It’s not surprising. First-half operating profits improved by a fifth to £180m but the rate of revenue growth halved to 9% from a year ago. ...
Cheers! Heineken toasts rise in half-year operating profit to £1.6 billion image
Source : Daily Express [Read Article] Tuesday 1st of August 2017 12:00:00 AM
....Asia Pacific and the Americas had reported most growth, with Europe, Africa and the Middle East also up. Chief executive Jean-Francois van Boxmeer said in a statement: "We delivered strong results in the first half year, with all four regions contributing positively to organic growth in volume, revenue and operating profit. ...
Turkey is popular again with British tourists, says Thomas Cook image
Source : Guardian [Read Article] Thursday 27th of July 2017 03:04:18 PM
.... An increase in capacity in Spain is affecting tour operators’ margins in the country, and Thomas Cook said prices were under pressure from the intense competition. The tour operator reported a 14% rise in revenues for the third quarter and said strong demand for summer bookings would continue into winter, adding that its full-year operating profit would be in line with forecasts. ...
Sky chief gets £11.5m share payout as it reports profits slide image
Source : Guardian [Read Article] Thursday 27th of July 2017 08:50:21 AM
....The broadcaster, which is waiting to see whether Rupert Murdoch’s £11. 7bn takeover bid will be referred to competition authorities, reported a 14% fall in operating profits to £1. ...
Quiz float makes fashion firm's founding family some of Scotland's richest image
.... Sales jumped nearly 30% to £89. 8m in the year to 31 March while operating profit increased 44% to £10. ...
Carillion has 'no future without rights issue of at least £500m' image
Source : Guardian [Read Article] Thursday 13th of July 2017 06:20:18 AM
.... For months, the company has been one of the UK stock market’s most shorted companies – meaning that investors have been placing bets on a fall in the company’s share price. The short-sellers have also been motivated by Carillion’s dependence on support services, which account for about 70% of operating profits and an area where companies regularly embarrass themselves with overly optimistic profit forecasts. ...
Courting new fans image
Source : BBC [Read Article] Sunday 2nd of July 2017 11:19:36 PM
....Not only is it the longest-established of the four Grand Slam tournaments, but the Championships also enjoy sell out crowds and hospitality every year. The two-week long event is broadcast to millions of fans, and made an operating profit of £42m last year. ...
Morrisons' indignation over shareholder rebellion is misplaced | Nils Pratley image
.... Furniture and carpet stores have always seemed peculiarly vulnerable to hot weather, cold snaps, late Easters, and most other supposed plagues of the shopkeeping game. All the same, DFS’s warning that it will miss full-year operating profit forecasts – it now expects £82m to £87m compared with £94. ...
Thames Water needs to clean up its act after yet more fines | Nils Pratley image
....2bn has been taken out of Thames in the form of dividends in the past 10 years. Second, the fines and penalties, even when set at maximums, appear tiny in the context of £634m of operating profits last year. ...
L’Oréal to sell Body Shop to Brazil's Natura in €1bn deal image
Source : Guardian [Read Article] Friday 9th of June 2017 10:45:16 AM
....L’Oréal, the world’s largest cosmetics company, is selling up because decline has set in at the brand once viewed as a trendy eco-friendly label. Body Shop’s operating profits dived 38% to €34m in the year to 31 December 2016, while sales sank nearly 5% to €921m. ...
Sir Philip Green's retail empire reels from BHS closure and Topshop fall image
....Taveta owns the Arcadia Group, which comprises Dorothy Perkins, Burton, Evans, Miss Selfridge and Wallis as well as Topshop and Topman. The slump is dramatically worse than the 16% fall in operating profits at Taveta’s continuing operation leaked at the weekend. ...
School buses boost FirstGroup profits image
Source : BBC [Read Article] Thursday 1st of June 2017 09:41:43 AM
Aston Martin roars back into profit as DB11 revs up sales image
Source : Guardian [Read Article] Wednesday 24th of May 2017 05:41:58 PM
....9m profit before tax. The carmaker, based in Gaydon, Warwickshire, also raised annual forecasts, predicting an operating profit of £170m in 2017 and a 30% increase in sales to nearly 4,800 cars. ...
Nintendo's share price hits seven-year high as Switch sales soar image
Source : Guardian [Read Article] Wednesday 24th of May 2017 01:29:39 PM
....Now Nintendo, which has struggled to compete in the games console market as Sony’s PlayStation and Microsoft’s Xbox dominate, has a hit on its hands. Last month, Nintendo said it expected its new Switch console, which it launched on 3 March, to end an eight-year sales decline and double annual operating profit. ...
National Grid boss says Labour plan will stall green energy drive image
Source : Guardian [Read Article] Thursday 18th of May 2017 05:00:40 PM
.... John Pettigrew said renationalisation was “the last thing the industry needs” as it invests to accommodate more wind and solar power on the UK’s power grids. “Clearly, on nationalisation, we do not think it is a good idea,” Pettigrew said, as the company reported operating profits up 14% to £4. ...
Lloyds should give the backslapping a rest after sale of government stake | Nils Pratley image
....SSE, it should be noted, is a much broader business than energy supply. Its networks and power generation divisions contributed larger slices to overall operating profits of £1. ...
Which? names Richer Sounds and Toolstation as UK's best-rated shops image
Source : Guardian [Read Article] Saturday 13th of May 2017 07:01:40 AM
....The hi-fi and TV specialist was founded by influential business guru Julian Richer, who has promised to hand his business to his employees through a trust model similar to that of John Lewis when he dies. It has 53 stores and made an operating profit of £9m on sales of £186m last year. ...
BT deserves credit – clawing back boss's bonus is common sense | Nils Pratley image
.... The public sector market was weak, the global services division needs a job-cutting overhaul, and the TV business ended the year with a “soft” quarter. Overall, top-line operating profits were £7. ...
Sterling falls after Bank report image
Source : BBC [Read Article] Thursday 11th of May 2017 07:59:40 AM
....7% after the South African packaging company reported lower profits. First-quarter operating profits dropped 6% to 252m euros (£212m) as a result of lower selling prices and rising costs. ...
Pearson shareholders reject chief executive's £1.5m pay package image
Source : Guardian [Read Article] Friday 5th of May 2017 01:32:23 PM
.... Despite the poor performance of the company, staff still shared £55m in bonus and incentive payments as Pearson reached some goals including profit targets. Taurel defended the payouts to Pearson’s top brass, saying operating profits had come within guidance despite a difficult 2016 for the business overall. ...
BA owner IAG hails record first-quarter profit image
Source : BBC [Read Article] Friday 5th of May 2017 10:00:56 AM
....Airline group IAG, which owns British Airways and Iberia, has reported record first-quarter profits. IAG, which also owns Aer Lingus, said underlying operating profits in the quarter rose 10% to 170m euros (£144m). ...
FTSE 100 boosted by Pearson and IAG image
Source : BBC [Read Article] Friday 5th of May 2017 08:08:03 AM
....5% after the airline group reported record first-quarter results. The company - which owns BA, Aer Lingus and Iberia - said underlying operating profit rose 9. ...
Volkswagen Group profits soar after cost cuts image
Source : BBC [Read Article] Wednesday 3rd of May 2017 10:41:07 AM
....Meanwhile, the group's troubled flagship brand also saw profits surge. Volkswagen brand operating profits rose to 869m euros from 73m euros the year before, although accounting changes meant sales revenues declined 24% to 19bn euros. ...
RBS reports first quarterly profit since 2015 image
Source : Guardian [Read Article] Friday 28th of April 2017 06:57:09 AM
....”. He highlighted the fall in costs for misconduct, the increase in income in the core bank and a reduction in costs – which will fall £750m this year – which are helped generate an operating profit of £1. ...
Pret a Manger tries to woo British workers as Brexit looms image
Source : Guardian [Read Article] Thursday 27th of April 2017 07:01:44 PM
....His comments came as the company reported a record set of full-year results, with global sales rising 15% to more than £776m last year. The chain’s operating profits increased 11% to more than £93m. ...
Samsung sees best quarterly profits in three years image
Source : BBC [Read Article] Thursday 27th of April 2017 02:59:19 AM
....Demand for memory chips and flat screens for televisions and phones has given Samsung Electronics its best quarterly profits in three years, . The South Korean tech giant reported a 48% jump in operating profits to $8. ...
Jockey Club horse racing posts record annual turnover image
Source : BBC [Read Article] Wednesday 26th of April 2017 05:05:46 AM
....5m, up 4. 5% on a year earlier, with operating profits also up, to £22. ...
Toy-maker Hasbro revenues boosted by Monopoly sales image
Source : BBC [Read Article] Monday 24th of April 2017 03:00:22 PM
.... . Executives said the decline in operating profit was due to higher expenses, a shift in product mix, and falling revenue from the Magic: The Gathering products. ...
Now on sale: Jimmy Choo (the whole company) image
Source : Guardian [Read Article] Monday 24th of April 2017 08:25:28 AM
.... It runs 150 stores around the world, opening 10 last year as well as refitting 16 shops. It recently reported operating profits of £42. ...
Growth in unpaid full-time internships raises fears for social mobility image
....Publicis Media, part of the multibillion-pound French advertising and public relations group Publicis, is currently looking for a German-speaking intern who will receive only lunch and travel expenses. The firm’s parent company, Publicis Groupe, recorded an operating profit of £1. ...
Sir David Attenborough to become 3D hologram for Sky VR documentary image
Source : Guardian [Read Article] Thursday 20th of April 2017 11:15:04 AM
....Sky has a separate existing deal to exclusively air HBO programming, such as Billions and Game of Thrones, which runs until 2020. Sky reported an 11% decline in operating profits to £1bn in the nine months to the end of March. ...
Sky announces HBO co-production deal image
Source : BBC [Read Article] Thursday 20th of April 2017 07:23:20 AM
....That news was released along with Sky's results for the nine months to April. It reported an 11% fall in operating profit to a little over £1bn. ...
Premier League revenues soar but clubs still make a loss image
Source : BBC [Read Article] Wednesday 19th of April 2017 11:05:23 PM
....In 2015-16 wages accounted for 64% of income, compared with 71% in 2012-13 and 69% in 2009-10. Meanwhile, combined operating profits for 2015-16 - which strip out the effects of player trading, net interest charges and the changing value of player contracts - remained stable at £500m, the same as in the previous 2014-15 season. ...
Tesco full-year pre-tax profits hit by fine image
Source : BBC [Read Article] Wednesday 12th of April 2017 06:37:34 AM
....It said it had taken a £235m charge after it agreed a deferred prosecution with the Serious Fraud Office and the Financial Conduct Authority in March. However, Tesco said it exceeded its full-year operating profit target. ...
Tesco shares tumble despite first UK growth in seven years image
Source : Guardian [Read Article] Wednesday 12th of April 2017 06:26:58 AM
....Tesco has reported its first year of sales growth in the UK since 2010, but good news for its vast domestic chain has been overshadowed by the stormy outlook for future trading as the weakness of sterling pushes up food prices. The UK’s largest retailer was the biggest faller in the FTSE 100 on Wednesday, with the shares finishing down more than 5%, despite beating City expectations with a 30% rise in group operating profit to £1. ...
Southern rail boss paid £495,000 image
Source : Guardian [Read Article] Monday 10th of April 2017 10:09:03 AM
....David Brown, the chief executive of Go-Ahead, the parent company of Govia Thameslink, refused an annual bonus and pay increase in September given the disruption on the network. Go-Ahead’s annual report states: “The directors’ remuneration policy is designed to reflect the group’s performance, with elements of remuneration linked to our strategic priorities, particularly health and safety, customer satisfaction, and operating profit and cashflow. ...
Tesco to report a return to financial health image
Source : Guardian [Read Article] Sunday 9th of April 2017 04:14:41 PM
.... “We expect a beat and look for a confident outlook,” said Mahamkali. Last year Tesco made an operating profit of £944m but five years ago that figure was £4bn, which is why some investors are worried the purchase of Booker, the cash and carry company behind the Londis and Budgens convenience stores, will derail its recovery. ...
Can end of unhappy marriage with L'Oréal breathe new life into Body Shop? image
.... “This is not a time to have lots of stores,” says a source close to the bidding. The Body Shop’s operating profits dived 38% to €33. ...
Co-op boss shrugs off £130m loss to focus on group's 'stellar progress' image
....Revenues for the group rose by 3% to £9. 5bn in the year to 31 December and operating profit rose by 32% to £148m after lower restructuring costs. ...
Co-op Group makes loss as bank stake written off image
Source : BBC [Read Article] Thursday 6th of April 2017 06:27:53 AM
....Co-op Group said it had made a "prudent valuation" of its stake in Co-operative Bank based on the "volatility" caused by the sale of the bank. Co-op Group said that operating profits, which exclude the loss related to the bank stake, were up 32% in 2016 at £148m. ...
Apple exit sends UK chip firm's shares into freefall image
Source : Guardian [Read Article] Monday 3rd of April 2017 08:10:18 AM
....The cost cutting and a foreign exchange boost helped return Imagination to profit in the first half following its worst annual loss the previous year. It posted an operating profit from continuing operations of £2. ...
FTSE 100 slides as sterling strengthens image
Source : BBC [Read Article] Thursday 30th of March 2017 08:32:29 AM
....SSE fell 1. 55% after the energy firm said operating profits for 2016-17 at its retail unit were expected to fall. ...
Johnston Press announces £300m pre-tax loss image
Source : BBC [Read Article] Thursday 30th of March 2017 07:28:23 AM
....Other costs include the £20m annual cost of servicing the debt, and £10m extra for pensions. There was an operating profit of £42m, but the major revaluations took the pre-tax statutory loss to £300m. ...
Tesco has settled with the SFO – but it faces more headaches ahead | Nils Pratley image
....For Tesco, a £235m bill to settle investigations by the Serious Fraud Office and Financial Conduct Authority counts as a tidy piece of business. The sum will wipe out almost 20% of operating profits last year, but the company’s negotiating power was approximately zero after it had confessed to a £326m overstatement of profits in 2014. ...
Pearson boss sees pay boost despite firm's struggles image
Source : BBC [Read Article] Friday 24th of March 2017 04:28:38 PM
....5m in 2016, including a £343,000 bonus, as the company hit certain performance measures. Pearson met its operating profit target of £630m, but made a £2. ...
Bonus for Pearson chief despite biggest loss in company's history image
Source : Guardian [Read Article] Friday 24th of March 2017 03:30:57 PM
....In January almost £2bn was wiped from Pearson’s stock market value after it issued fifth profit warning in two years. The company said Fallon had received a cash bonus for hitting lower-end targets relating to operating profits. ...
Boss of British Gas owner gets 40% pay rise as millions live in fuel poverty image
....Centrica said it recognised the sensitivity of executive pay and was very careful to be in line with its peers. A spokeswoman said that in terms of financial performance, 2016 had been a very good year for the company, which posted an operating profit of £1. ...
Thames Water fined £20m for sewage spill image
Source : BBC [Read Article] Wednesday 22nd of March 2017 12:40:05 PM
....However, the fine amounts to a tiny proportion of the company's annual income. Thames Water makes an operating profit of around £2m every day. ...
Thames Water hit with record £20m fine for huge sewage leaks image
Source : Guardian [Read Article] Wednesday 22nd of March 2017 11:49:38 AM
....Thames Water, which is the UK’s biggest water company and serves about a quarter of the population, was fined £1m in 2016 for repeated discharges of sewage into the Grand Union canal in Hertfordshire and £380,000 later the same year, after a sewage leak in an area of outstanding natural beauty in the Chilterns. Thames Water made an operating profit of £742m in 2015-16 and paid out £82m in dividends. ...
Sainsbury's takes inflation hit on the chin as Aldi and Lidl loom | Nils Pratley image
....It would be exaggeration to say Leo Quinn, the outsider recruited to cure Balfour’s many ailments, has completed the task. Even in a low-margin business like construction, making an operating profit of £67m on revenues of £8. ...
FTSE 100 slips after Brexit jitters image
Source : BBC [Read Article] Tuesday 14th of March 2017 09:57:01 AM
Morrisons leads FTSE 100 lower image
Source : BBC [Read Article] Thursday 9th of March 2017 09:21:19 AM
....". Shares in Aviva were having a better day, rising nearly 6% after the insurer reported a 12% rise in operating profits in 2016. ...
FTSE 100 ends lower after Budget speech image
Source : BBC [Read Article] Wednesday 8th of March 2017 09:03:23 AM
....Shares in the insurer Legal & General dipped 2. 12% as the company reported an 11% increase in operating profits to £1. ...
FTSE 100 dragged lower as Paddy Power Betfair shares fall image
Source : BBC [Read Article] Tuesday 7th of March 2017 09:33:52 AM
....Revenues rose 18% to £1. 55bn last year, with underlying operating profit jumping 44% to £330m. ...
Standard Life  and Aberdeen Asset Management confirm merger talks image
Source : Guardian [Read Article] Sunday 5th of March 2017 05:57:06 PM
.... Aberdeen specialises in emerging markets and has struggled since investor interest cooled in recent years, prompting Gilbert to freeze salaries and cut other costs. Standard Life has fared better, and recently posted a 9% rise in operating profit before tax to £723m for 2016. ...
City news: Merlin Entertainments, Sportech, and Mike Ashley  image
Source : Daily Express [Read Article] Friday 3rd of March 2017 08:59:00 AM
....Merlin posted a 6. 2 per cent drop in annual operating profit at constant currency to £302million on 3. ...
Snap IPO: a 21st-century firm with a 19th-century structure image
Source : Guardian [Read Article] Thursday 2nd of March 2017 07:36:11 PM
.... But the stack is far from ruinous. It should be a simple matter to flog the asset services division, which makes £60m of operating profit, for £650m-ish and thereby avoid a rights issue. ...
Cobham in cash call to tackle debt image
Source : BBC [Read Article] Thursday 2nd of March 2017 09:26:13 AM
....Cobham unveiled the rights issue plan alongside a disastrous set of results. The firm is still trading profitably and made a £225m operating profit. ...
RBS leads FTSE 100 lower as losses mount image
Source : BBC [Read Article] Friday 24th of February 2017 09:10:51 AM
....In the FTSE 250, shares in property website Rightmove fell 5. 8%, despite it reporting an 18% rise in operating profit to £161. ...
Education publisher Pearson reports biggest loss in its history image
Source : Guardian [Read Article] Friday 24th of February 2017 08:17:21 AM
....”. On Friday, Pearson said that after stripping out the multibillion-dollar impairment charge adjusted operating profits were down by 21% to £635m. ...
BA owner IAG's profits hit by weak pound image
Source : BBC [Read Article] Friday 24th of February 2017 07:53:02 AM
....Pre-tax profits at the company rose by nearly a third last year to 2. 4bn euros (£2bn), with operating profits up 8. ...
Barclays: triple the profits, but still a work in progress | Nils Pratley image
Source : Guardian [Read Article] Friday 24th of February 2017 07:09:13 AM
.... Since then, RSA’s recovery has run consistently ahead of schedule. The latest evidence is the 25% increase in operating profits to £665m, which included record underwriting profits. ...
John Lewis expects to cut nearly 800 jobs image
Source : Guardian [Read Article] Thursday 23rd of February 2017 03:45:38 PM
....5% rise in sales in the six months to the end of July as the company invested heavily in equipment to support its online business and increasing pay for staff. The John Lewis group – which includes Waitrose – said last month its annual bonus for staff, known as “partners” because they own the company collectively, would fall significantly this year and that staff numbers would drop after operating profits dived 58. ...
British Gas worst-value tariffs are not 'evil empire', boss says image
Source : Guardian [Read Article] Thursday 23rd of February 2017 01:28:27 PM
....British Gas has frozen its standard variable tariff, which costs an average of £1,044 per year, until August despite three of the other big six energy suppliers hiking prices. Conn’s comments come as Centrica posted an operating profit for 2016 of £1. ...
FTSE dragged down by ex-dividend firms image
Source : BBC [Read Article] Thursday 23rd of February 2017 12:36:49 PM
....8% after its full-year results beat forecasts. The insurer reported operating profits of £655m, 25% higher than the previous year. ...

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