Manufacturing Industry
Cable & Wireless PLC - Final Results.
PR Newswire UK Disclose, May, 2005
CABLE AND WIRELESS PLC
RESULTS FOR THE YEAR ENDED 31 MARCH 2005
"CABLE & WIRELESS PROFITS FROM A YEAR OF HIGH ACTIVITY"
Highlights
Continuing earnings per share before exceptional items and amortisation - up 16
percent against prior year
Total Group profit before tax and exceptional items [pounds sterling]377 million - up 36
percent against prior year
Operating profit from continuing operations, before exceptional items [pounds sterling]277
million - up 20 percent against prior year
On track to achieve:
[pounds sterling]35 million of UK, Corporate and Europe operating cost savings in 2005/6, with
annualised savings of [pounds sterling]50 million by March 2006 in connection with Group
reorganisation announced in November 2004
[pounds...
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