Articles about profit

Profits and revenue down at Rolls-Royce

Luxury car manufacturer Rolls-Royce reported revenue down 7 per cent and profits 20 per cent lower in the first half – which they have put down to the strength of the pound.

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Greggs profit jumps nearly 50%

Sausage roll aficionado Greggs on Wednesday said profits had increased by nearly 50 per cent in the first half of the year after an “encouraging” response to its new sandwiches and coffee ranges.

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Home Retail Group considers spinning off Homebase

Home Retail Group is looking over a plan to sell off £1.5 billion DIY chain Homebase in order to concentrate on the more lucrative Argos brand.

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High sales in the first half for the John Lewis Partnership

This week the John Lewis Partnership revealed they had enjoyed a bumper first half, making staff bonuses this year all the more likely

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Unilever fails to meet second-quarter sales expectations

Unilever failed to meet sales expectations in the second-quarter, which they put down to a slowdown in emerging markets and declining prices in developed ones.

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Tesco shares dropped considerably yesterday – to their lowest level in almost ten years.

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Crocs are forced to lay off 180 employees

US footwear brand Crocs – known for their colourful plastic clogs, have just been forced to close over 100 stores globally, after experiencing a large profit drop of 44 per cent in three months.

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Microsoft profit down 7% on the back of Nokia loss

Microsoft saw profit fall 7 per cent in its second quarter as its newly acquired Nokia division lost almost USD700 million.

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Fawaz Alhokair net profit surges 15.7% for Q2

Saudi Arabian retail giant Fawaz Abdulaziz Alhokair Co. reported a 15.7 per cent rise in second quarter net profit this week, thanks to new store openings and international sales.

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Mattel launch Thomas & Friends catalogue

American toymakers Mattel have brought in a new way to sell their iconic Thomas & Friends products to consumers – a brand new direct-to-consumer catalogue and website.

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