Menu
16/04/2002
Debenhams plan 1,000 new jobs as profits grow
Leading high street retail chain, Debenhams have released plans to create 1,000 new jobs after revealing a 14 per cent rise in profits.
While the company has plans to open four new stores within the coming year in Basingstoke, Redditch, East Kilbride and Inverness, it is considered unlikely that Northern Ireland will see a jobs boost under current expansion plans.
Interim pre-tax profits increased to £92.1 million, from £80.8 million while total sales grew by 8.1 per cent to £937.9 million, from £867.4 million.
While, analysts voiced fears that the company could buckle under the challenge from a resurgent Marks & Spencer, chief executive Belinda Earl said sales remained strong, with like-for-like growth holding steady at around five per cent in the past six weeks. (MB)
While the company has plans to open four new stores within the coming year in Basingstoke, Redditch, East Kilbride and Inverness, it is considered unlikely that Northern Ireland will see a jobs boost under current expansion plans.
Interim pre-tax profits increased to £92.1 million, from £80.8 million while total sales grew by 8.1 per cent to £937.9 million, from £867.4 million.
While, analysts voiced fears that the company could buckle under the challenge from a resurgent Marks & Spencer, chief executive Belinda Earl said sales remained strong, with like-for-like growth holding steady at around five per cent in the past six weeks. (MB)
Related Northern Ireland Business News Stories
Click here for the latest headlines.
04 May 2005
Waterford Wedgwood to cut 1,800 jobs
Waterford Wedgwood has announced plans to cut 1,800 jobs as part of a 90 million euro restructuring programme. The fine crystal and china makers said that the jobs losses would include the loss of 485 jobs at the Dungarvan plant in Ireland, which is to close after being in operation for over 30 years.
Waterford Wedgwood to cut 1,800 jobs
Waterford Wedgwood has announced plans to cut 1,800 jobs as part of a 90 million euro restructuring programme. The fine crystal and china makers said that the jobs losses would include the loss of 485 jobs at the Dungarvan plant in Ireland, which is to close after being in operation for over 30 years.
26 November 2001
Consignia’s pre-tax losses climb to £100 million
Consignia has announced a half-year operating loss of £100 million before tax and exceptional items. This compares to a loss of £20 million for the same period a year ago, and after accounting for exceptional items, the post-tax loss for the half-year is £281 million, compared with a £113 million loss for the previous half year.
Consignia’s pre-tax losses climb to £100 million
Consignia has announced a half-year operating loss of £100 million before tax and exceptional items. This compares to a loss of £20 million for the same period a year ago, and after accounting for exceptional items, the post-tax loss for the half-year is £281 million, compared with a £113 million loss for the previous half year.
22 February 2002
Alliance & Leicester reveal lower profits for 2001
The Alliance & Leicester has unveiled lower profits, blaming higher investment costs. The UK banking group revealed on Friday February 22 that pre-tax profits for 2001 fell to £396 million, down from £447 million in the previous year.
Alliance & Leicester reveal lower profits for 2001
The Alliance & Leicester has unveiled lower profits, blaming higher investment costs. The UK banking group revealed on Friday February 22 that pre-tax profits for 2001 fell to £396 million, down from £447 million in the previous year.
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.
07 August 2001
BASF issue another profits warning
Chemicals giant BASF have issued another profits warning as second quarter results revealed a drop in profits of euro 131 million, down around 15 per cent on the same period in 2000. The interim report noted that in 2001 BASF were expecting a decline in income from operations from ongoing business”.
BASF issue another profits warning
Chemicals giant BASF have issued another profits warning as second quarter results revealed a drop in profits of euro 131 million, down around 15 per cent on the same period in 2000. The interim report noted that in 2001 BASF were expecting a decline in income from operations from ongoing business”.
-
Northern Ireland WeatherThis Evening and Tonight:Showers, scattered in the evening, will clear by midnight leaving the night dry with clear spells. Perhaps a touch of ground frost. Cloud will spread east towards morning. Minimum temperature 2 °C.
