Posts Tagged ‘pre-tax profits’
Next pre-tax profits up 18%
Fashion chain Next has today announced its pre-tax profits for the 2009 year rose 18% to £505.3 million.
The retailer said annual revenues rose to £3,406 million, from £3,271.5 million the previous year.
Chairman of the fashion chain, John Barton, described 2009 as “an extraordinary year” and added it had seen a “marked improvement” in its ranges [...]
John Lewis staff share £151m bonus pot
John Lewis Partnership, the renowned employee-owned department store, has revealed its staff will share a bonus pot of £151 million.
The announcement came after the 146-year-old group said annual pre-tax profits grew 9.7% to £306.6 million.
According to John Lewis chairman, Charlie Mayfield, the company’s 70,000 staff – or partners, as John Lewis refers to them [...]
Standard Chartered profits surge 13%
London-based bank Standard Chartered today announced a rise in pre-tax profits – meeting analysts expectations.
The bank, which has a strong presence in Asia, said pre-tax profits in 2009 were £3.4 billion ($5.15 billion), a rise of 13% on 2008 figures.
Meanwhile, revenue was up 9% to £10.14 billion ($15.18 billion).
However, while many other banks have opted [...]