IMI's profit rose 3.9% last year in tight sector

Article Abstract:

IMI PLC posted a 3.9% rise in its profits for the 1998 year. The company's profits reached 152.2 million ($244.5 million) for the 1998 year, before tax and exceptional items. In 1997, IMI posted 146.5 million pound sterling. Analysts had predicted that the company would post between 148 million pound sterling and 154 million pound sterling for the year. IMI is an engineering firm based in the UK.

Comment:

Posts 3.9% rise in profits for the 1998 year

Nonferrous Metals, Primary Metal Manufacturing, Primary Nonferrous Metals, Abstract, Metal products, Nonferrous metal industry, Nonferrous metal industries, IMI PLC

---

Biocompatibles posts wider loss

Article Abstract:

Biocompatibles International PLC announced that its operating loss widened in the first half of 2001 after a delay in launching a key product, but forecast a better second half. The company's operating loss before goodwill amortization and exceptional items in the six months to June 30 was GBP9 million (Euro14.2 million), versus a loss of GBP8.2 million in the first half of 2000.

Biocompatibles International PLC

---

Kvaerner posts quarterly profit

Article Abstract:

Kvaerner posted 46 million Norwegian kroner (5.5 million euros) in pretax profits for the 1999 second-quarter. The company posted a 4.9 billion kroner loss during the 1999 first-quarter.

Kvaerner PLC

Similar abstracts:

• Abstracts: RWE's operating profit rose more than 35% in latest year. International Power posts profit. PowerGen pretax profit exceeds forecasts
• Abstracts: Abbott profit rises, but drug sales lag. Abbott net fell 23% in second quarter after Knoll charge. Pharmacia affirms intent to boost earnings by 20%
• Abstracts: Commerzbank's operating profit rises. Nordea's operating profit rose 7.5% in second quarter
• Abstracts: Need for 2G Gear looks set to grow. Nokia admits it: growth is slowing. Nokia says sales of mobile phones missed forecasts

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.