Business Services Industry
British retailer Gus reports six-month pretax profits up 15 percent.
Knight Ridder/Tribune Business News, November, 2004
By Ian Lyall, Daily Mail, London Knight Ridder/Tribune Business News
Nov. 19--Argos owner GUS shrugged off the gloom shrouding the retail sector to weigh in with forecast-busting interim profits.
But the group -- whose stable also includes Experian and Burberry -- reiterated the bearish assessment of second-half prospects given a month ago.
Finance director David Tyler is fore-casting that revenue growth will slow. That chimes with downbeat trends emanating from the High Street. Retail sales dropped 0.4 percent in October according to government figures -- their first fall since July.
GUS reported operating profit of 418.2 million pounds for the six months to September. At the pretax level they were 406 million pounds, up 15...
Most Recent Business Articles
- Multiple criteria evaluation and optimization of transportation systems
- Multi-criteria analysis procedure for sustainable mobility evaluation in urban areas
- A two-leveled multi-objective symbiotic evolutionary algorithm for the hub and spoke location problem
- Multi-criteria analysis for evaluating the impacts of intelligent speed adaptation
- The development of Taiwan arterial traffic-adaptive signal control system and its field test: a Taiwan experience
Most Recent Business Publications
Most Popular Business Articles
- 7 tips for effective listening: productive listening does not occur naturally. It requires hard work and practice - Back To Basics - effective listening is a crucial skill for internal auditors
- FAS 109: a primer for non-accountants - Financial Accounting Standards Board's "Statement 109: Accounting for Income Taxes"
- LIFO vs. FIFO: a return to the basics
- Design a commission plan that drives sales - Sales Commissions
- Too Young to Rent a Car? - 25-years-old the minimum age for car renting - Brief Article
