Business news in brief
Tuesday 18 March 1997
TT Group's shares rose 13p to 348p after it announced annual pre-tax profits up 19.2 per cent to pounds 53.5m from pounds 44.9m last time. TT Group joint chief executives Sheridan Comonte and Michael Eke said the company's order book levels "give rise to optimism" for 1997. Earnings per share was 22.7p against 19.5p last time, and TT paid a final dividend of 4.79p, making 7.59p for the full year against 6.52p for 1995.
Rexam's healthcare packaging arm has signed a global agreement to supply medical packaging and component products to Allegiance Healthcare Corporation. The agreement, which runs until 2003, represents approximately $280m in sales and is the largest contract awarded for medical packaging. Rexam's healthcare packaging division has current sales of about pounds 180m.
ASW Holdings plunged to a pounds 51.7m loss for the year to December 1996 against a profit of pounds 13.8m last time. The steel company said it was dependant on the construction industry, which continued to be depressed. It passed the final dividend. ASW said it planned to continue to improve production efficiency and to complete the cost cutting started in the UK and France last autumn.
- 1 UK weather: Snow to fall in the coming week with sub-zero temperatures to last until early February
- 2 Saudi preacher who 'raped and tortured' his five -year-old daughter to death is released after paying 'blood money'
- 3 The enemy within: People who hear voices in their heads are being encouraged to talk back
- 4 Phil Neville backtracks on Tomas Rosicky 'I'd smash him' comments from Match of the Day 2
- 5 British grandmother Lindsay Sandiford faces execution by firing squad in Indonesia
Paris attacks: Do not call Charlie Hebdo killers 'terrorists', BBC says
UK weather: Snow to fall in the coming week with sub-zero temperatures to last until early February
Asteroid narrowly scrapes past Earth: how to watch the closest space rock for decades as it flies by
Saudi preacher who 'raped and tortured' his five -year-old daughter to death is released after paying 'blood money'
Prince Philip set to be knighted by Australia: Celebrate by reading his greatest gaffes
Nigel Farage: NHS might have to be replaced by private health insurance
'We would evict Queen from Buckingham Palace and allocate her council house,' say Greens
French court convicts three over homophobic tweets, in case hailed as a 'significant victory' by LGBT rights campaigners
Greece elections: Syriza and EU on collision course after election win for left-wing party
George Galloway condemns 'racist, Islamophobic, hypocritical rag' Charlie Hebdo at freedom of speech rally
British Muslim school children suffering a backlash of abuse following Paris attacks
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