Laura Ashley – A Great British Brand Name Is Not enough

Ashley (Laura) ALY Blames demanding trading conditions for having to warn that full year net profit before tax will fall below market expectations. Like for like retail sales in the 6 months to the end of December fell by 3.5% and profit before tax fell from £11m. to £7.8m.  As a sign of the times […]

Balfour Beatty Rebuilding Itself To Last

Balfour Beatty BBY is reinstating dividends with an interim payment of 0.9p for the half year to the 1st July. Despite underlying revenue being down 6% on a year ago, last years first half loss of £130m has been transformed into an underlying profit before tax of £7m, the second successive half of underlying profitability. […]