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07/11/2001
Carphone Warehouse report first-half profits rise
Europe's largest mobile-phone retailer, Carphone Warehouse has reported a surge in first-half profits with pre-tax profit climbing by 20 per cent to £9.6m in the six months to end-September.
Turnover also rose in line with profits, to £540m, with the firm buoyed by a 30 per cent upturn in subscription mobile-phone connections.
However, Carphone Warehouse reported that trade in recent weeks has not been up to expectations following the terrorist attacks on the United States.
In the five weeks to November 3 the firm revealed that retail like-for-like profit rose by only two per cent.
While the Carphone Warehouse said that it had continued its aggressive growth strategy during the half-year, heavy investments in its retail network had allowed the company to continue growing in a market that was shrinking fast. (MB)
Turnover also rose in line with profits, to £540m, with the firm buoyed by a 30 per cent upturn in subscription mobile-phone connections.
However, Carphone Warehouse reported that trade in recent weeks has not been up to expectations following the terrorist attacks on the United States.
In the five weeks to November 3 the firm revealed that retail like-for-like profit rose by only two per cent.
While the Carphone Warehouse said that it had continued its aggressive growth strategy during the half-year, heavy investments in its retail network had allowed the company to continue growing in a market that was shrinking fast. (MB)
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Hilton Group report 33 per cent rise in profits
The UK hotels and leisure company Hilton Group has reported a one thid rise in profits for the first six months of the year. The company’s profits, which rose by 33 per cent to £144.3 million, improved despite the recent problems besetting the British tourist industry such as an economic slowdown and the outbreak of foot-and-mouth disease.
Hilton Group report 33 per cent rise in profits
The UK hotels and leisure company Hilton Group has reported a one thid rise in profits for the first six months of the year. The company’s profits, which rose by 33 per cent to £144.3 million, improved despite the recent problems besetting the British tourist industry such as an economic slowdown and the outbreak of foot-and-mouth disease.
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TalkTalk enters competitive broadband fray
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TalkTalk enters competitive broadband fray
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BSkyB profits rise while subscriptions fall
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BSkyB profits rise while subscriptions fall
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26 October 2004
'Strong trading environment' fuels huge BP profits surge
Oil giant BP, in a climate of spiralling prices, have posted a massive profits surge of $1.2 billion to top almost $4 billion for the third quarter. BP saw net profits rise by 43% to £3.9 billion for the quarter, bringing the company a total mark of $12.5 billion so far this financial year.
'Strong trading environment' fuels huge BP profits surge
Oil giant BP, in a climate of spiralling prices, have posted a massive profits surge of $1.2 billion to top almost $4 billion for the third quarter. BP saw net profits rise by 43% to £3.9 billion for the quarter, bringing the company a total mark of $12.5 billion so far this financial year.
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