Naresh Kumar

151-180 (out of 215)

UK Economy on Slow and Steady Growth Path

Britain's slow and steady economic growth helps it in avoiding recession, followed by upbeat data and last week's Greek debt restructuring. The Bank of England holds its asset purchase programme at £325 billion, as economists predicted 0.2 per cent growth in the current quarter.

EMIS Group Continues To Trade In Line With Expectations

EMIS Group Plc, the UK's leading supplier of clinical software and related services, has reported a total revenue of £73.2 million for the year ended 31 December 2011, up £61.9 million in 2010 and EPS from continuing operations at 28.71 pence as compared to 23.31 pence in 2010.

Home Retail Group Expects Major Cut in Full Year Dividends

Britain's household goods retailer, Home Retail Group, focuses on robust cost management along with cash positions due to ongoing uncertainty surrounding the UK economy. It will also prioritise its investment in the ongoing development of its multi-channel capabilities.

Premier Farnell Cautious on Outlook, Keen on Strategic Cost Actions

Premier Farnell, a multi-channel service distributor of information products and technology solutions, is confident that its strategy will deliver sustainable and profitable growth across the economic and product cycles and is scheduled to release its 2011 Q4 earnings on Thursday.

SIG Anticipates Lower Volumes in 2012

SIG, a leading distributor of specialist building products in Europe, expects to continue to gain market share from the branches opened in recent years, but also from other growth initiatives, in spite of weak macroeconomic outlook for the UK and mainland Europe.

Close Brothers' H1 Profits Unchanged

Close Brothers Group, a specialist financial services company, has reported that its adjusted operating profits for the six months to 31 January, 2012 were broadly unchanged at £63 million due to the difficult economic and financial market uncertainty for securities.

Brady Posts Robust FY Earnings

Brady, a commodity risk management software provider, has reported a rise of 72 per cent in its full year revenue to £19.16 million, up from £11.12 million in 2010, including an increase in recurring revenues of 147 per cent to £9.79 million.

UK Jan Industrial Output Falls, Feb PPI Rises

British industrial output posted an unexpected fall in January after a sharp decline in oil and gas production and weaker-than-expected factory output, indicating that Britain's economic recovery could be in peril.

SThree Q1 Gross Profit Rises by 15%

SThree, an international staffing business firm has reported that its first quarter gross profit rose 15 percent year on year to £47.7 million, up 12 percent in the fourth quarter of 2011.

SThree Uncertain About Market Conditions in 2012

SThree, the permanent and contract staffing group, says that the GDP growth and the staffing market are not linearly related, given the current levels of global economic and political uncertainty, it is difficult to foretell the kind of market conditions the group will face during 2012 with any accuracy.

Morrisons Delivers Another Good Year Performance

Morrisons Supermarkets, the food retailer, has reported that its turnover rose 7 per cent to £17.7 billion for the year ended 29 January, 2012. Profit before tax was at £947 million compared to £874 million in the previous year and raised its total dividend by 11 per cent to 10.7 pence.

Schorders Posts Slight Rise in FY Profits

Schroders, an international asset management and private banking group, has reported a slight rise in its profit before tax at £407.3 million for the year ended 31 December, 2011 from £406.9 million a year earlier.

Aggreko keen on expansion, positioned strong for 2012

Aggreko, the rental provider of power generation and temperature control equipment, started its FY2012 with a strong position with at least 20 per cent more on hire in international power projects than at the start of 2011.

Cobham Uncertain on Defence and Security Market; 2012 Trading Dismal

Cobham, the engineering group anticipates that the US defence and security market will remain challenging with constraints over Government spending tightening, with important and ongoing uncertainty over the size, timing and allocation of federal budget cuts. As a result, there is continued poor visibility for 2012 trading.
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