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AUDIO: Legal and General's profits up 10%

2014-03-05 09:56:38| BBC News | Business | UK Edition

Nigel Wilson, chief executive of financial services firm Legal and General, discusses his plans to invest in UK infrastructure outside of London.

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Ooredoo FY profits lower on forex, Myanmar costs

2014-03-05 08:12:00| Telecompaper Headlines

(Telecompaper) Ooredoo group revenue for 2013 increased by 1.1 percent to QAR 33.9 billion from 2012 with strong performances in Qatar, Algeria and Iraq. Fourth quarter revenue dipped to QAR 8.37 billion from QAR 8.64 billion a year earlier. Full year net profit declined by 12.5 percent to QAR 2.58 billion from QAR 2.95 billion, and Ooredoo posted a 36 percent drop in fourth quarter net profit to QAR 510 million. EBITDA for the full year declined by 6 percent to QAR 14.6 billion from QAR 15.6 billion in 2012. The EBITDA margin fell to 43 percent due to the adverse currency impact of the Indonesian Rupiah, Myanmar start-up costs, brand roll-out costs and the group's investment in Kuwait's recovery strategy.

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Serco profits hit by tagging scandal

2014-03-04 08:54:24| BBC News | Business | UK Edition

Outsourcing firm Serco says profit plunged 62% last year after it was hit by costs relating to the scandal over its criminal tagging contract.

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Thorntons sees its profits surge

2014-03-03 09:31:18| BBC News | Business | UK Edition

Chocolate maker Thorntons reports a 47% surge in half-yearly profits, thanks to strong trading in the run-up to Christmas.

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AUDIO: BA profits 'increase significantly'

2014-02-28 12:28:05| BBC News | Business | UK Edition

IAG chief executive Willie Walsh discusses the company's 2013 profits, fuelled by BA and Spanish budget airline Vueling.

Tags: audio increase significantly profits

 

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