Best of the Best shares tumble 30% despite tripling profits as it warns of declining interest in its car competitions since lockdown easing Pre-tax profits rose to £14m in the year to 30 April, from £4.2m the year before BOTB hiked its final dividend to 5p per share from 3p Investors also in line for … Read more
Private equity firms buy up large stakes or gain control of businesses with the aim of disposing of them in a few years time at a handsome profit.
The retailer is expected to disclose it tumbled to a £43m pre-tax profit for the year to March when it updates investors. It would represent a 36 per cent slump from the previous financial year.
Housebuilder Vistry’s profits to smash expectations as sales surpass pre-Covid levels amid property boom Pre-tax profit for 2021 to be around £325m, up from previous guidance of £310m It expects to complete sales of 6,500 homes in 2021, up from 4,652 last year Group said it was on track to hit £1bn in sales in … Read more
Investors snapped up Greggs shares after the budget baker said profits were set to return to pre-pandemic levels. It upgraded its forecasts thanks to a strong recovery since shops reopened on April 12. Sales at its 2,100 shops have been higher over the past four weeks than in the same period of 2019. In a … Read more
Saudi Aramco profits soar by almost a third as oil prices rally on the back of vaccine rollouts By Francesca Washtell For The Daily Mail Published: 23:41 BST, 4 May 2021 | Updated: 23:55 BST, 4 May 2021 Saudi Aramco’s profits soared by almost a third after vaccine rollouts brought hope of an economic recovery … Read more
Earlier this week, Elon Musk, the Tesla boss, asked his 52.5m Twitter followers what the future would hold. For the tycoon, it might augur a £9bn bonus, thanks to the surging sales of Tesla models which, like other electric cars, are increasingly popular. The battery technology that powers these vehicles is seen as a way … Read more
Outlook is rosier says NatWest boss: Bank reports bumper profits – but money laundering scandal casts cloud over costs By Lucy White For The Daily Mail Published: 22:54 BST, 29 April 2021 | Updated: 23:12 BST, 29 April 2021 Natwest raked in bumper profits in the first three months of this year after fewer people … Read more
Despite the pandemic, we have some good news from Sony. While other OEMs are experiencing a decline, Sony is reporting that it has turned some profits for the first time in many years. The company’s FY2020 numbers have been published recently. We’re looking at the past 12 months up to March 31, 2021—Sony saw a … Read more
Shares in Google parent Alphabet soar after the tech giant’s profits double to £143m per day By Matt Oliver For The Daily Mail Published: 22:02 BST, 28 April 2021 | Updated: 22:02 BST, 28 April 2021 Shares in Google parent Alphabet leapt higher after the tech giant’s profits more than doubled to £143million per day. … Read more