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Even when items such as pension costs are excluded BA made a loss of £111 million, against a profit of £140 million a year earlier. The industry as a whole is expected to lose 11 billion US dollars (£6.65 billion) this year as a result of the
Bank of Ireland has suffered almost one billion euro losses in six months this year. The lender made a pre-tax loss of 979 million euro for the half year to the end of September, compared with a profit of 647 million euro last year.
The company said that its pre-tax loss for the year to 31 July was £766m ($1.2bn), compared with a profit of £399m in the same period last year. The construction industry has been one of the hardest hit by the recession. "Market conditions will
IT WAS a case of another housebuilder, another green shoot yesterday, as Bovis Homes became the latest industry heavyweight to report "signs of stabilisation" in recent months, writes Scott Reid. The group posted a slump in underlying profits but
Building materials group Readymix saw its revenues slump in the first six months of 2009, with the company recording a pre-tax loss of €6.9 million for the period. Operating losses before non recurring items were €7.1 million The company blamed "
British Airways PLC Friday said its first-quarter net loss widened, though Chief Executive Willie Walsh said traffic has now stabilized and may improve slightly during the peak summer months. The U.K.-based carrier reported a net loss of £106 million
Abbey Plc , the largest publicly traded Irish homebuilder, had a full-year loss after it wrote down the value of its land by €58.1m. The €50.6m loss (205.6 cents a share) in the year to April 30 compares with a profit of €12m (42.9 cents a share) a
Telegraph Media Group reported a pre-tax loss of £15.7m last year, after taking a £32.9m charge from terminating printing joint ventures including its West Ferry print plant co-owned with Richard Desmond's Northern & Shell. TMG, publisher of the
The trust, New Zealand's largest listed industrial landlord with a market capitalisation of $676 million, has property assets valued at $1.5 billion. Yesterday, it announced the first loss since being taken over by Goodman of Australia which manages
Securities, Britain's biggest property company, has reported a pre-tax loss of Â£4.77 billion in the year to March, after the value of its assets fell 34.2 per cent. The company, which owns the newly-rebranded complex The Centre at Livingston, as