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 Isis burns thousands of books and rare manuscripts from Mosul's libraries
- 2 Scarlett Johansson new band 'already hit with legal complaint' from another The Singles
- 3 Husband and wife die holding hands within hours of each other after 67 years of marriage
- 4 The remarkable archaeological underwater discovery that could open up a new chapter in the study of European and British prehistory
- 5 'Jihadi John': CAGE representative storms off Sky News accusing Kay Burley of Islamophobia
Isis burns thousands of books and rare manuscripts from Mosul's libraries
Husband and wife die holding hands within hours of each other after 67 years of marriage
Mohammed Emwazi: Family of man named as 'Jihadi John' described by neighbours as 'normal Muslim family'
Mohammed Emwazi: Nine things we know about Isis militant 'Jihadi John'
Mohammed Emwazi: Man identified as Isis killer 'Jihadi John' 'stopped by MI5' while on safari holiday in Africa in 2010
Oscars 2015: Birdman beats Boyhood as Eddie Redmayne and Patricia Arquette win big - as it happened
New theory could prove how life began and disprove God
Half of Ukip voters say they are prejudiced against people of other races
'Cash for access' scandal: Sir Malcolm Rifkind says 'unrealistic' for MPs to live on £67,000 salary
Aqsa Mahmood branded a 'disgrace' by her parents after claims she recruited three UK girls flying to Middle East
This is what it's like to be dead, according to a guy who died for a bit
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