Menu
19/12/2001
Littlewoods reduce losses in first half report
UK retailer Littlewoods has announced they are making good progress in reviving the business as the company revealed a reduction in losses for the first half of the year.
The company posted a loss of £9.9m for the six months to October 31, down from a loss of £34.2m for the same period the previous year.
Sales for the half-year rose 4 per cent to £898.3m, while sales at their high street stores climbed 5 per cent compared to last year.
Chief Executive Alistair McGeorge commented: "We are greatly encouraged that the steps taken to restore business performance are delivering results. With further operational efficiencies planned in the second half of the year, together with a greater focus on full price sales and margins, Littlewoods is on-track to record a significant improvement in operating profits for the financial year." (GB)
The company posted a loss of £9.9m for the six months to October 31, down from a loss of £34.2m for the same period the previous year.
Sales for the half-year rose 4 per cent to £898.3m, while sales at their high street stores climbed 5 per cent compared to last year.
Chief Executive Alistair McGeorge commented: "We are greatly encouraged that the steps taken to restore business performance are delivering results. With further operational efficiencies planned in the second half of the year, together with a greater focus on full price sales and margins, Littlewoods is on-track to record a significant improvement in operating profits for the financial year." (GB)
Related Northern Ireland Business News Stories
Click here for the latest headlines.
13 September 2001
BAE Systems reveals first-half year profits
Defence giant BAE Systems has posted a modest four per cent rise in first half year profits but said it expected growth to pick up next year. The company, which is the fifth-largest supplier to the US military, posted pre-tax profits of £482 million for the first half of 2001.
BAE Systems reveals first-half year profits
Defence giant BAE Systems has posted a modest four per cent rise in first half year profits but said it expected growth to pick up next year. The company, which is the fifth-largest supplier to the US military, posted pre-tax profits of £482 million for the first half of 2001.
18 February 2011
NI Repossessions 'To Be Highest In UK'
UK repossessions are set to fall during the first half of 2011 (15,557 to 01 July) and rise during the second half of the year (17,700). However, Northern Ireland is expected to experience the worst rate of repossessions in the UK (0.83% - 2,540), with repossession rates significantly higher than other regions. This reflects the 10.
NI Repossessions 'To Be Highest In UK'
UK repossessions are set to fall during the first half of 2011 (15,557 to 01 July) and rise during the second half of the year (17,700). However, Northern Ireland is expected to experience the worst rate of repossessions in the UK (0.83% - 2,540), with repossession rates significantly higher than other regions. This reflects the 10.
20 April 2004
Good year for Tesco as profits top £1.6bn
It has been a good year for the supermarket retailer Tesco which has seen pre-tax profits soar to £1.6 billion, according to the group's full-year preliminary statement issued today. In addition to driving up pre-tax margins by 17.6%, the company said that it had slashed its debts by £600 million, down to £4.1 billion. In the UK, sales grew by 14.
Good year for Tesco as profits top £1.6bn
It has been a good year for the supermarket retailer Tesco which has seen pre-tax profits soar to £1.6 billion, according to the group's full-year preliminary statement issued today. In addition to driving up pre-tax margins by 17.6%, the company said that it had slashed its debts by £600 million, down to £4.1 billion. In the UK, sales grew by 14.
10 September 2001
Corus reveals £230m losses for half-year
Steel producer Corus, formerly British Steel, has revealed that company pre-tax losses for the last half-year has hit £230 million. The steelmaker, which has already cut thousands of jobs this year, said profits had been damaged by continued losses in the company’s carbon steel operations.
Corus reveals £230m losses for half-year
Steel producer Corus, formerly British Steel, has revealed that company pre-tax losses for the last half-year has hit £230 million. The steelmaker, which has already cut thousands of jobs this year, said profits had been damaged by continued losses in the company’s carbon steel operations.
02 April 2002
CBI survey reveals shop sales remain strong
Retail sales remained strong in March but the annual rate of increase has edged down from the peaks over Christmas and the New Year, according to the CBI's latest monthly distributive trades survey. The survey, released on Tuesday April 2, was conducted between 5 and 20 March 2002 with 268 retail outlets taking part.
CBI survey reveals shop sales remain strong
Retail sales remained strong in March but the annual rate of increase has edged down from the peaks over Christmas and the New Year, according to the CBI's latest monthly distributive trades survey. The survey, released on Tuesday April 2, was conducted between 5 and 20 March 2002 with 268 retail outlets taking part.
-
Northern Ireland WeatherToday:Very windy with persistent and occasionally heavy rain at first, becoming drier with the wind easing towards midday. Mainly dry with bright spells increasing during the afternoon. Milder than of late. Maximum temperature 14 °C.Tonight:Cloudy with clear spells, mainly dry evening becoming windy with rain at times from late evening. Turning drier with clear spells towards morning. Milder than of late. Minimum temperature 2 °C.
