IN BRIEF: Business
Tuesday 10 June 1997
Renold, the precision engineering group, announced a rise in full- year profits before tax from pounds 18.7m to a record pounds 21.5m, reflecting "strong growth" from North America, the gears operation and the Holyrod subsidiary. Earnings per share advanced from 20.8p to 22.7p. The final dividend is 5.2p.
Raymond Lipman, chairman of Safeland, made an upbeat statement on prospects for the property group as he announced a rise from pounds 2.27m to pounds 2.7m in taxable profits for the year to March. The group was confident it had laid solid foundations for the current year and the future "is looking bright", he said. The 1996/97 results included a six-week contribution from Hercules Property Services which was demerged last year and floated on AIM.
Oriflame International, the retailing group, reported an increase in annual taxable profits from pounds 19.87m to pounds 21.4m, said its financial position remained strong and was confident growth would be sustained. Robert Jochnick, chairman, said strong sterling had had an adverse effect on sales and earnings. However, he said initial sales in India were "very positive", and the company expected a profit contribution in the current year.
- 1 This is what happens when you tattoo Charmander on yourself, drunk, and with no experience
- 2 BBC election debate: The one photo that summed up the whole 90-minute leaders debate
- 3 18th century sex toy found in 'toilet of sword fighting school' in Poland
- 4 The Batman v Superman: Dawn of Justice trailer has leaked – watch
The only black face in the Ukip manifesto is on the page about overseas aid
Ukip is the only main political party to not address LGBT rights in its manifesto
If I’m being racially abused I don’t need a white stranger with a saviour complex to rescue me
BBC election debate: The one photo that summed up the whole 90-minute leaders debate
Religion isn't growing, it is becoming vigorous in its demise, says philosopher AC Grayling
Russian warships in English Channel 'to conduct anti-aircraft and anti-submarine military drills'
iJobs Money & Business
£20000 - £25000 per annum + OTE £45,000: SThree: SThree Group have been well e...
£50000 - £667000 per annum + excellent benefits : Ashdown Group: IT Manager / ...
£13000 - £20000 per annum: Recruitment Genius: Scotland's leading life insuran...
£40000 - £45000 per annum + benefits : Ashdown Group: Training Programme Manag...