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13/09/2001
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. It also revealed that its order book stood at £45 billion pounds at the end of June, up 10 per cent on a year ago
In a statement, the company said that the rationalisation programme announced in January was being rapidly implemented, and growth in the company's performance was expected to resume in 2002 as planned.
Investors expect the defence sector to receive a significant boost in orders as security and defence spending is ramped up in the wake of Tuesday's terrorist attacks in the US.
BAE Systems employs around 60,000 people in the UK and 100,000 staff worldwide. (MB)
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. It also revealed that its order book stood at £45 billion pounds at the end of June, up 10 per cent on a year ago
In a statement, the company said that the rationalisation programme announced in January was being rapidly implemented, and growth in the company's performance was expected to resume in 2002 as planned.
Investors expect the defence sector to receive a significant boost in orders as security and defence spending is ramped up in the wake of Tuesday's terrorist attacks in the US.
BAE Systems employs around 60,000 people in the UK and 100,000 staff worldwide. (MB)
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14 June 2010
CIPR Journalism Awards In Full
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CIPR Journalism Awards In Full
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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 April 2002
Nortel expected to report lower than expected revenues
Nortel Networks has announced that it expects to report lower than expected revenues of around $2.9 billion for the first quarter of 2002. The company, which has a plant in Monkstown, County Antrim, expects to report bottom line improvements for the first quarter, compared to fourth quarter of 2001, in line with its earlier expectations.
Nortel expected to report lower than expected revenues
Nortel Networks has announced that it expects to report lower than expected revenues of around $2.9 billion for the first quarter of 2002. The company, which has a plant in Monkstown, County Antrim, expects to report bottom line improvements for the first quarter, compared to fourth quarter of 2001, in line with its earlier expectations.
08 October 2015
Belfast Expected To Deliver Most Successful Tourism Year
Belfast is on track to deliver its most successful tourism year to date, according to Visit Belfast. The organisation which promotes the city locally, nationally and internationally, also said that figures for July and August showed no slowdown in visitor interest, with hotels experiencing buoyant demand during the peak summer months.
Belfast Expected To Deliver Most Successful Tourism Year
Belfast is on track to deliver its most successful tourism year to date, according to Visit Belfast. The organisation which promotes the city locally, nationally and internationally, also said that figures for July and August showed no slowdown in visitor interest, with hotels experiencing buoyant demand during the peak summer months.
21 March 2002
Derry Airport expected to report £1m loss at year-end
City of Derry Airport is expected to reveal operating losses in excess of £1 million by the end of the financial year. Leaked information suggested that by the end of the financial year on April 5, the council-owned airport will report an overall deficit of £1.1 million - representing a much bigger figure than had been initially expected.
Derry Airport expected to report £1m loss at year-end
City of Derry Airport is expected to reveal operating losses in excess of £1 million by the end of the financial year. Leaked information suggested that by the end of the financial year on April 5, the council-owned airport will report an overall deficit of £1.1 million - representing a much bigger figure than had been initially expected.
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Northern Ireland WeatherToday:It will be cloudy again throughout the day. Mainly dry in the morning, but patchy drizzle in places, becoming more widespread and persistent in the afternoon. Freshening southwesterly winds. Maximum temperature 12 °C.Tonight:Cloudy with a spell of heavy rain pushing south through late evening and the early hours, followed by some clear spells. Minimum temperature 6 °C.
