Menu
30/08/2001
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's chief executive David Michels said the results reflected an outstanding performance from its European betting operations and that there was a genuine case for optimism in the months ahead.
Hilton shares, which closed at 242p on Wednesday, have outperformed other UK sector peers by 12 per cent during the past twelve months.
Investors were further rewarded when the company announced a rise in its half-year dividend to 3.4p a share from 3.24p. (MB)
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's chief executive David Michels said the results reflected an outstanding performance from its European betting operations and that there was a genuine case for optimism in the months ahead.
Hilton shares, which closed at 242p on Wednesday, have outperformed other UK sector peers by 12 per cent during the past twelve months.
Investors were further rewarded when the company announced a rise in its half-year dividend to 3.4p a share from 3.24p. (MB)
Related Northern Ireland Business News Stories
Click here for the latest headlines.
02 November 2001
BSkyB profits rise while subscriptions fall
BSkyB have reported a 23 per cent rise in operating profits for their first quarter, but admit that subscriber numbers are lower than predicted. The company's losses have diminished after operating profits for the three months ended September came in at £45 million.
BSkyB profits rise while subscriptions fall
BSkyB have reported a 23 per cent rise in operating profits for their first quarter, but admit that subscriber numbers are lower than predicted. The company's losses have diminished after operating profits for the three months ended September came in at £45 million.
04 March 2002
Top Consignia directors decline 10 per cent pay hike
Two senior directors of postal company Consignia have decided not to accept a 10 per cent pay rise following anger among postal unions.
Top Consignia directors decline 10 per cent pay hike
Two senior directors of postal company Consignia have decided not to accept a 10 per cent pay rise following anger among postal unions.
07 November 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.
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.
24 August 2001
Shorts reveal rise in profits
The Belfast aerospace company, Shorts, have announced a rise in profits of six per cent over the past year. The firm also made a total of £57 million while sales rose by around 25 per cent to £500 million due to the buoyant markets for regional and business aircraft.
Shorts reveal rise in profits
The Belfast aerospace company, Shorts, have announced a rise in profits of six per cent over the past year. The firm also made a total of £57 million while sales rose by around 25 per cent to £500 million due to the buoyant markets for regional and business aircraft.
21 August 2003
NI’s Hilton hotels celebrate a double knockout
It was a double knockout for Hilton’s hotels in Northern Ireland recently when Wolfgang Neumann, newly appointed President of Hilton Hotels UK and Ireland, visited the province to help the Belfast and Templepatrick Hilton hotels celebrate being voted in the top three of the groups 78 hotels in the UK for offering the best in customer service.
NI’s Hilton hotels celebrate a double knockout
It was a double knockout for Hilton’s hotels in Northern Ireland recently when Wolfgang Neumann, newly appointed President of Hilton Hotels UK and Ireland, visited the province to help the Belfast and Templepatrick Hilton hotels celebrate being voted in the top three of the groups 78 hotels in the UK for offering the best in customer service.
-
Northern Ireland WeatherThis Evening and Tonight:A mainly dry evening and night with isolated showers dying out and some longer clear spells. Then it will cloud over towards morning with some heavy showers. Minimum temperature 7 °C.
