Persimmon in house sales boost January 7, 2010 Housebuilder Persimmon remained cautious over the health of the housing market despite a stronger performance in the second half of 2009. The FTSE 250 group said it completed the sale of 8,796 new homes during 2009, which generated a turnover of around £1.4bn. Almost 5000 of these properties were sold in the second half – [...]
THE WEEK AHEAD February 20, 2011 COMPANY NEWS ● The week’s slew of annual reports will begin on Monday. Hammerson, which invests in and develops shopping centres, retail parks and offices throughout Europe, will kick things off. ● Wednesday will see investment management company Henderson Group release its full-year results. ● Part-nationalised banks RBS and Lloyds will report their annual performances [...]
THE WEEK AHEAD February 20, 2011 COMPANY NEWS ● The week’s slew of annual reports will begin on Monday. Hammerson, which invests in and develops shopping centres, retail parks and offices throughout Europe, will kick things off. ● Wednesday will see investment management company Henderson Group release its full-year results. ● Part-nationalised banks RBS and Lloyds will report their annual performances [...]
Hermes sales rise with luxury goods rebound February 3, 2011 LUXURY goods company Hermes said yesterday its fourth-quarter sales rose 25 per cent in 2010 and raised its profit guidance. The Paris-based company said pre-tax profit will rise by around 40 per cent for the full-year. Sales for the famous silk scarf and leather goods fashion house hit €736m (£621m) in the three months to [...]
Hermes sales rise with luxury goods rebound February 3, 2011 LUXURY goods company Hermes said yesterday its fourth-quarter sales rose 25 per cent in 2010 and raised its profit guidance. The Paris-based company said pre-tax profit will rise by around 40 per cent for the full-year. Sales for the famous silk scarf and leather goods fashion house hit €736m (£621m) in the three months to [...]
House prices still falling yet London defies trend January 31, 2011 HOUSE prices in England and Wales fell for the fourth consecutive month in December, yet in London prices ticked up sharply, official data showed yesterday. Overall house prices dropped by 0.2 per cent compared to November, yet in London month-on-month prices were up by one per cent, and 6.2 per cent higher than in December [...]
Bellway sales on the rise February 7, 2011 Housing developer Bellway completed the sale of 2,332 homes in the the six months to 31 January. That was 85 more than in the same period the previous year. The average price of these homes has risen from £155,871 in the same period last year to £168,000, – an eight per cent jump This company [...]
Redrow swings back into profit September 9, 2010 British housebuilder Redrow swung to full-year pretax profit, well ahead of analyst expectations, thanks to an overhaul of the business, higher selling prices and more home sales. The company reported a full-year pre-tax profit of £0.7m, against last year’s pre-tax loss from trading operations before exceptionals of £44.2m and a total pre-tax loss of £140.8m. [...]
FTSE pushes up despite retail sector woes March 31, 2011 A raft of corporate results today has the potential to move the FTSE in either direction, but it is picking an upward path this morning. Mixed UK economic data has clouded the picture further. The GfK consumer confidence index has stalled at February’s low level on households’ concerns over their finances. Nationwide, however, said house [...]
FTSE pushes up despite retail sector woes March 31, 2011 A raft of corporate results today has the potential to move the FTSE in either direction, but it is picking an upward path this morning. Mixed UK economic data has clouded the picture further. The GfK consumer confidence index has stalled at February’s low level on households’ concerns over their finances. Nationwide, however, said house [...]