Loss adjusting lifts Rutland over car market weakness
Friday 01 October 1993
Rutland bought Ben Shaws, a soft drink manufacturer, in August for pounds 5.69m. Michael Langdon, Rutland's chief executive, said Ben Shaws would pay its way in the second half and start contributing to profits next year. No further acquisitions are planned this year, he said. 'We will have our hands full sorting out the drinks operation.'
The number of insurance claims was lower than previously in the first half, but the value was higher, reflecting a switch from domestic to commercial claims. Rutland's professional services side, which includes Ellis & Buckle, the chartered loss adjuster, increased profits to pounds 2.4m from pounds 2m last time.
Earnings per share rose 11 per cent to 0.93p from 0.84p. The company maintained its interim dividend of 0.27p. The shares fell 0.5p to 24.5p.
- 1 Scientists create transparent mouse complete with see-through organs
- 2 Pope Francis issues top 10 tips for happiness
- 3 Disney heiress Abigail disowns her share of family profits in West Bank company
- 4 Israel's propaganda machine is finally starting to misfire
- 5 Amazonian Indian tribe filmed making contact with Brazil village in rare video footage
Mystery of the Siberian holes at the end of the world 'solved': Scientists offer explanation
Pope Francis issues top 10 tips for happiness
Kenny Ireland dead: Benidorm actor dies aged 68
Justin Bieber posts Instagram photo of Orlando Bloom crying after Ibiza fight 'over Miranda Kerr'
Putin v Obama: Russian deputy prime minister mocks president with catty pictures on Twitter
Land for gas: Merkel and Putin discussed secret deal could end Ukraine crisis
Woman and two children killed by mob in riots over 'blasphemous' Facebook post in Pakistan
Richard Dawkins tweets: 'Date rape is bad, stranger rape is worse'
Putin is 'thuggish, dishonest and reckless', says British ambassador to US
Boozy, ignorant, intolerant, but very polite – Britain as others see us
A new Russian revolution: The cracks are starting to appear in Putin’s Kremlin power bloc
- < Previous
- Next >
iJobs Money & Business
£300 - £350 per day: Orgtel: Financial Analyst, Forecasting, Halifax, Banking,...
£500 per day: Orgtel: Business Architect - Banking - Bristol - £500 per day A...
£200 - £500 per day + competitive: Orgtel: I am currently working on a large p...
£18000 - £23000 per annum + Commission: SThree: Real Staffing are currently lo...