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. Luxury goods group Hermes has reported record profits for 2016, boosted by sales of its handbags. ... [Read full article on BBC ]
Wednesday 22nd of March 2017 10:15:28 AM
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Latest Finance News related to Record Profit

Hermes reports record annual profits image
Source : BBC [Read Article] Wednesday 22nd of March 2017 10:15:28 AM
. Luxury goods group Hermes has reported record profits for 2016, boosted by sales of its handbags. ...
Senators grill Janet Yellen on Republican plans to neuter Dodd-Frank Act image
Source : Guardian [Read Article] Tuesday 14th of February 2017 05:35:18 PM
.... “In fact our banks have thrived since we passed Dodd-Frank,” she said. Warren asked for a Wall Street Journal article on the record profits being recorded by Wall Street banks to be entered into the record of the day’s hearing. ...
Starbucks boss Howard Schultz to step down image
Source : BBC [Read Article] Thursday 1st of December 2016 10:35:13 PM
....He will be replaced by the current number two, Kevin Johnson, who has been on the board for seven years. Mr Schultz, who has been at the company for 30 years, drove much of its expansion, with the firm reporting record profits last month. ...
Lufthansa applies for injunction to try to stop strikes image
Source : BBC [Read Article] Sunday 27th of November 2016 10:24:25 PM
....". Despite a record profit last year, the company said it was forced to cut costs to compete with budget rivals such as Ryanair in Europe and the likes of Emirates on long-haul routes. ...
Lufthansa grounds long-haul flights as strike drags on image
Source : BBC [Read Article] Friday 25th of November 2016 11:17:01 AM
....Carsten Spohr, chief executive of Lufthansa, has claimed that the future of the airline would be threatened if it met the pilots' demands. Despite a record profit last year, the company said it was forced to slash costs to compete with budget rivals such as Ryanair in Europe and the likes of Emirates on long-haul routes. ...
Austin Reed brand set for high street return image
Source : BBC [Read Article] Wednesday 23rd of November 2016 04:43:43 PM
....It wants to open 200 stores group-wide by early 2018, including the Austin Reed shops, which will create more than 2,000 jobs. The firm said the move came on the back of rising sales and record profits for the year to 27 February. ...
Thomas Cook profits down in tough year image
Source : BBC [Read Article] Wednesday 23rd of November 2016 08:10:06 AM
....5p a share, for the first time in five years. Its UK market continued to strengthen while it made record profits in northern Europe. ...
Southern rail co-owner Go-Ahead reports £100m profits image
Source : BBC [Read Article] Friday 2nd of September 2016 07:23:27 AM
....Mick Whelan, general secretary of train drivers' union Aslef, said: "This is like living with Alice in Wonderland. "A company which has failed to deliver for passengers every day for the last year, and which only yesterday got its snout back in the public trough, with another generous pile of taxpayers' cash, courtesy of a compliant DfT, has just announced record profits for its shareholders. ...
Strong yen weighs on Toyota profits image
Source : BBC [Read Article] Thursday 4th of August 2016 07:17:16 AM
.... . The firm had reported three straight years of record profits after Japanese Prime Minister Shinzo Abe unleashed a stimulus programme aimed at weakening the yen. ...
Toyota shuts lifts down to save money because of strong yen image
Source : BBC [Read Article] Friday 8th of July 2016 07:19:51 AM
....". Toyota has reported three straight years of record profits after Japanese Prime Minister Shinzo Abe unleashed a stimulus programme aimed at weakening the yen. ...
British Olympic Association predicts record 2015 profits image
Source : BBC [Read Article] Friday 1st of July 2016 09:00:38 PM
. The British Olympic Association is set to report record profits for 2015, its chief executive Bill Sweeney has told the BBC. ...
Dixons Carphone profits jump by 17% image
Source : BBC [Read Article] Wednesday 29th of June 2016 06:38:18 AM
....The company also has operations in Europe and trades as Elkjop and El Giganten in Nordic countries and Kotsovolos in Greece. Mr James said they had posted record profits but it was vital the government struck a deal that ensured Britain continued to have preferential access to the European single market. ...
Apple co-founder says company should pay MORE tax image
Source : Daily Express [Read Article] Friday 22nd of April 2016 04:48:00 PM
....". The US headquartered company revealed record profits of £12. ...
Disney left without heir to top job image
Source : BBC [Read Article] Tuesday 5th of April 2016 03:21:03 PM
....Mr Iger has already extended his period as head of Disney twice before. In his 15 years as the company's chief executive, Disney has brought in record profits and acquired valuable brands including Marvel, Pixar and Lucas Films - the creator of Star Wars. ...
Virgin America shares soar on reports that airline is seeking buyers image
Source : Guardian [Read Article] Wednesday 23rd of March 2016 04:28:50 PM
.... At the time, Dan Cush, the airline’s president and chief executive, said: “2014 was a remarkable year for Virgin America on every front. We achieved record profitability and significantly strengthened our balance sheet by going public in the second largest airline IPO in history. ...
BMW shares fall despite record profits image
Source : BBC [Read Article] Wednesday 9th of March 2016 04:50:32 PM
Water-poor Saudi Arabia moves farming venture to drought-stricken California image
.... Its founder and largest shareholder is Saudi Prince Sultan bin Mohammed bin Saud Al Kabeer. The company holds the top position in sales of cheese, milk and yogurt, notching record profits of $1. ...
Schroders criticised after chief switches to chairman role image
Source : Guardian [Read Article] Thursday 3rd of March 2016 12:41:33 PM
....Dobson, who will earn £625,000 a year and will not get a fee for giving up the chief executive role, will seek new non-executive directors to strengthen the firm’s governance. The company hailed Dobson’s achievements, pointing to his role in leading Schroders from 2001, when it made a loss, to record profits in 2015 of more than £600m. ...
Bovis Homes predicts further growth after record profits image
Source : Guardian [Read Article] Monday 22nd of February 2016 03:20:42 PM
. Bovis Homes has predicted another year of growth after reporting record profits, which were helped by rising house prices and the government’s help to buy scheme. ...
Record profits for Bovis Homes as housing demand continues to climb image
Source : Telegraph [Read Article] Monday 22nd of February 2016 07:56:35 AM
'Slap in the face' Fury as British Gas profits surge to £574MILLLION image
Source : Daily Express [Read Article] Thursday 18th of February 2016 11:37:00 AM
....Profits jump by 31%, Some people can't afford heating but British Gas doesn't care as long they make money. I can't do the maths how mildest winter in years equals record profits for British Gas #somethingsnotright. ...
Is it the end of 'Abenomics' in Japan? image
Source : BBC [Read Article] Sunday 14th of February 2016 08:08:16 PM
Questor share tip: Sell UK housebuilders as bubble begins to burst image
Source : Telegraph [Read Article] Saturday 13th of February 2016 03:34:56 PM
.... . It seems odd to argue that investors should sell their shares when housebuilders have just reported record profits. ...
Lufthansa boss denies errors over crash image
Source : BBC [Read Article] Thursday 11th of February 2016 01:34:16 PM
...."There's resistance, obviously. Is this a perfect time to overcome such resistance, when we're making record profits? No. ...
Redrow posts record profits as it targets the commuter belt image
Source : Telegraph [Read Article] Tuesday 9th of February 2016 01:21:34 PM
Ford Europe to cut jobs to save $200m image
Source : BBC [Read Article] Wednesday 3rd of February 2016 11:34:13 AM
....It also said it would focus on its most profitable models, such as sports utility vehicles (SUVs). Ford Europe returned to profit for the first time in four years in 2015, as the parent group recorded record profits of $10. ...
Google overtakes Apple to become most valuable firm in the world amid anger over tax deal image
....Google continues to holds the lucrative businesses such as digital ad sales, search engine and YouTube, while the rest of the company is made up of the group's more experimental ventures such as self-driving cars and internet balloon programmes. Apple's also unveiled record profits of its own last week, but the brand also predicted iPhone sales would decline for the first time in the device's history in the next quarter, helping to keep a lid on its share price. ...
Cheap cab ride? You must have missed Uber’s true cost | Evgeny Morozov image
Source : Guardian [Read Article] Sunday 31st of January 2016 12:03:12 AM
.... Instead, this money is parked in the offshore accounts of Silicon Valley and Wall Street firms. Look at Apple, which has recently announced that it sits on $200bn of potentially taxable overseas cash, or Facebook, which has just posted record profits of $3. ...
Amazon shares slide on sales miss image
Source : BBC [Read Article] Thursday 28th of January 2016 09:34:08 PM
....Amazon missed analysts' estimates for the fourth quarter despite posting a 21. 8% rise in sales and record profits. ...
Ford reports record annual profit image
Source : BBC [Read Article] Thursday 28th of January 2016 04:26:32 PM
. Ford reported a record profits for 2015 as the US carmaker capitalised on last year's car sale boom. ...
Apple warns iPhone sales set to fall image
Source : BBC [Read Article] Tuesday 26th of January 2016 09:37:09 PM
.... . Any other company announcing record profits and revenues might expect a warm welcome from investors. ...
Paris and Egypt terror attacks scared British travellers off flying, says EasyJet  image
Source : Daily Express [Read Article] Tuesday 26th of January 2016 04:56:00 PM
....6 per cent to £738m. EasyJet has had five years of record profits, and seen passenger numbers grow by four million to 68. ...
Dixons Carphone to close 134 stores image
Source : Telegraph [Read Article] Tuesday 26th of January 2016 08:24:50 AM
.... . A strong push for Christmas promotions means the company is on track to record profits before tax above market expectations of £440m-£450m for the full financial year. ...
Google tax deal 'derisory', say critics image
Source : BBC [Read Article] Saturday 23rd of January 2016 09:19:48 AM
....6m in corporation tax in its 14 years of trading in Britain, despite sales worth billions of pounds. In 2014 it paid more than £8m in tax on the back of record profits of £34. ...
Company profits at risk as Bank of England prepares to raise rates, warns IoD image
Source : Telegraph [Read Article] Thursday 31st of December 2015 06:15:13 AM
.... A recent spell of low inflation has removed “pricing power” from companies, said James Sproule, the IoD’s chief economist. Combined with a rise in interest rates, this was likely to mean that firms would be unable to sustain their near-record profits in the coming year. ...
Easyjet boss Carolyn McCall made a Dame image
Source : BBC [Read Article] Wednesday 30th of December 2015 10:30:05 PM
...."It is a recognition of Easyjet putting customers first and making travel for them as easy and affordable as possible," she said. Her airline's profits have risen for five years in a row since she joined the airline, and in September 2015 it reported record profits of £681m. ...
Bill Winters lines up the team he wants to reform StanChart image
Source : Telegraph [Read Article] Thursday 17th of December 2015 07:40:06 PM
.... . Even two years ago such an earthquake seemed improbable – in March 2013 the bank reported its 10th consecutive year of record profits, raking in mega-profits for shareholders year after year, even as rivals struggled through the aftermath of the financial crisis. ...
Starbucks pays £8m tax as profits jump image
Source : BBC [Read Article] Tuesday 15th of December 2015 12:40:56 PM
. Starbucks UK has paid more than £8m in tax in the past 12 months on the back of record profits. ...
EasyJet's chief executive paid more than £15m in two years image
Source : Guardian [Read Article] Friday 4th of December 2015 02:13:53 PM
.... However, O’Leary’s personal shareholding in the airline has swelled to a colossal €735m (£530m) on which he was recently paid a dividend of around €15m. A spokesman for easyJet said McCall’s remuneration reflected easyJet’s record profits, returns and share price rise. ...
FTSE up as market recovery continues image
Source : BBC [Read Article] Tuesday 17th of November 2015 10:30:56 AM
EasyJet profits hit record for fifth consecutive year image
Source : Guardian [Read Article] Tuesday 17th of November 2015 08:35:29 AM
....Air passengers have failed to show up for flights to and from France after the Paris attacks, but people’s desire to travel will override fears, Carolyn McCall, easyJet’s chief executive has said, as the budget airline announced record annual profits. Pre-tax profit for the year to the end of September increased by 18% to £686m – easyJet’s fifth straight year of record profits – as passenger numbers rose 6% to 68. ...
EasyJet boss says Paris attacks have caused 'cooling off' in French flights image
Source : Telegraph [Read Article] Tuesday 17th of November 2015 07:45:00 AM
.... . EasyJet’s results for the year to the end of September showed the carrier enjoyed its fifth consecutive year of record profits, with revenues also rising by 3. ...
Easyjet upbeat on air travel growth image
Source : BBC [Read Article] Tuesday 17th of November 2015 07:23:22 AM
....But history showed that passenger growth always resumed despite tragic events, she said. The comments came as Easyjet posted its fifth straight year of record profits. ...
Japan 's 'quintuple dip' recession delivers a fresh blow to Abenomics image
Source : Guardian [Read Article] Monday 16th of November 2015 12:52:59 AM
....But the outlook for the Japanese economy remains weak. Many analysts expect the economy to grow only moderately in the current quarter as companies remain hesitant to use their record profits for wage rises, underscoring the challenges premier Shinzo Abe faces in pulling the country out of stagnation with his “Abenomics” stimulus policies. ...
Japan falls back into recession image
Source : BBC [Read Article] Monday 16th of November 2015 12:26:20 AM
....". Japanese companies continue to be wary of using their record profits to raise wages and invest in the economy - a major challenge for Prime Minister's Shinzo Abe's "Abenomics" policies. ...
Selfridges reports record annual profits image
Source : Guardian [Read Article] Sunday 1st of November 2015 06:22:12 PM
. As retailers gear up for Black Friday and Christmas amid recent signs of a slowdown in spending, the department store group Selfridges has reported record profits for year ending January 2015. ...
Shop Direct profits boosted by mobile shoppers image
Source : Telegraph [Read Article] Tuesday 27th of October 2015 05:51:12 PM
.... . Alex Baldock, group chief executive, said the numbers reflected the "third year running of record profits" as he praised the performance of Very. ...
Shop Direct's profits surge after ditching Littlewoods catalogue image
Source : Guardian [Read Article] Tuesday 27th of October 2015 04:09:44 PM
. The owner of home-shopping brands Littlewoods and Very has delivered its third consecutive year of record profits after ditching the Littlewoods catalogue. ...
Questor share tip: James Halstead delivers record profits image
Source : Telegraph [Read Article] Friday 2nd of October 2015 01:20:26 PM
....25p Questor says BUY . JAMES Halstead [LON:JHD], the manufacturer of floor coverings, maintained an impressive 40-year track record of rising dividends, after announcing record profits and revenue in full-year results yesterday. ...
Apple predicts iPhone 6S sales will break records image
Source : Guardian [Read Article] Friday 25th of September 2015 08:04:19 AM
....The iPhone 6S, which was unveiled earlier this month, has much the same design but comes with an improved camera in the front and rear, as well as a pressure-sensitive screen – where users can press more firmly to open new shortcuts – a feature Apple calls “3D touch”. It said pre-orders were “on pace” to match those of the iPhone 6, launched in September last year, when that device went on to sell more than 10m units in the first three days, and helped Apple notch up world-record profits. ...
Credit card interest rate leaps from 8% to 15% in eight years, Senate hears image
Source : Guardian [Read Article] Tuesday 22nd of September 2015 06:05:59 AM
....The independent senator Nick Xenophon said: “Pull the other one. “They are making record profits on credit cards . ...
City news: Serco, Galliford Try, Hornby, JD image
Source : Daily Express [Read Article] Thursday 17th of September 2015 08:36:00 AM
.... Key products for Christmas include the Hornby Silver Jubilee Collection Limited Edition Set and Scalextric James Bond “Spectre” Set. STRONG demand for housing and an improvement in the wider construction market laid the foundations for record profit at Galliford Try. ...
The Week Ahead: Will US raise interest rates for the first time since 2006? image
Source : Independent [Read Article] Monday 14th of September 2015 05:15:00 AM
....Corporate news is thin on the ground, with Galliford Try’s annual results on Wednesday the pick of the bunch. It is one of the last housebuilders to unveil full-year figures, with record profits and share price highs becoming regular occurrences. ...
Source : Independent [Read Article] Wednesday 9th of September 2015 12:01:22 AM
. The Government’s Help to Buy scheme has propelled housebuilder Redrow to record profits – and another payday for its multimillionaire founder Steve Morgan. ...
Gatwick BA cabin crew face big pay cuts or redundancy image
Source : Guardian [Read Article] Sunday 6th of September 2015 06:22:13 PM
.... Beyond their personal financial struggles, some query how the new structure would work on premium longhaul services without affecting customers. Anger has been further stoked among staff by the timing of the changes, which come as the airline targets record profits and after the parent company IAG’s chief executive, Willie Walsh, was paid £6. ...
Asia drives record profit at Dyson image
Source : BBC [Read Article] Friday 4th of September 2015 11:29:31 AM
. Engineering group Dyson has reported record profits in 2014, driven by demand in Asia and a strong performance of its new technology. ...
Rugs to riches: Dyson announces record profits of £367m image
Source : Guardian [Read Article] Thursday 3rd of September 2015 07:10:44 PM
...
Apple launches biggest ever tech bond in Australia image
Source : Telegraph [Read Article] Friday 21st of August 2015 09:52:21 PM
.... . Apple is borrowing to return cash to shareholders, despite making record profits from gadgets including the iPhone 6  Photo: Reuters. ...
Questor share tip: Shares in UK housebuilders hit eye-watering levels image
Source : Telegraph [Read Article] Monday 17th of August 2015 04:30:59 PM
.... UK housebuilders Questor saysAVOID . The UK housebuilding sector has seen its shares soar to all-time highs on a heady mix of record profits and bumper cash returns to investors. ...
‘Brexit’ will not happen: Wall Street chief exec says voters will opt to stay in Europe image
....It is thought that he may launch a rights issue, a discounted sale of new shares, to raise money to bolster its balance sheet. Having previously enjoyed a decade-long run of growth and record profits, Standard Chartered has endured a torrid few years that saw it fall foul of US regulators and its profits dive, due to increased loan losses and slowing economic growth in key markets. ...
Barclays makes further provision for scandals and cuts costs image
Source : Guardian [Read Article] Wednesday 29th of July 2015 07:00:06 AM
.... It also repeated that it was fighting a £50m fine from City regulators related to fundraising from Middle Eastern investors in 2008, as well as facing an investigation by the Serious Fraud Office and possible civil action over the same matter. The Barclaycard business reported record profits of £795m and was being primed for growth in the US. ...
Source : Independent [Read Article] Thursday 23rd of July 2015 12:21:20 AM
.... . Apple did what Apple usually does when it announced its results, declaring record profits, record sales and just look at our cash pile. ...
3i Infrastructure sets sail for wind power with Danish offshore acquisition  image
.... . In 2014 ESVAGT reported a record profit of 252m Danish kroner on a turnover of 943. ...
Airline collusion: it's nothing new and will be difficult to prove, analysts say image
....Virtually every major US airline has been in bankruptcy at some point since the 2001 plane hijackings, only turning the corner recently with $22bn in profits over the past five years. American Airlines posted a record profit of $1. ...
Questor share tip: Chasing Persimmon's returns could be costly at these prices image
.... THREE years ago the UKs largest house builder Persimmon [LON:PSN] revolutionised investing in the sector by planning to return the entire value of the company to shareholders during a period of nine years. Investors are now betting record profits mean even more cash is heading their way. ...

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