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profitability

Tissue industry ready for a fight

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LOCAL makers of toilet paper and other tissue products want Australians to play a role, or maybe that is a roll, in preventing what they argue are potentially thousands of job losses. Paul Thompson, president of the Swedish-owned SCA Hygiene Australasia, which makes the Sorbent and Purex
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Supermarkets agree to phase out leases

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More supermarket retailers have promised the competition watchdog to end a practice that prevents rivals from opening in the same shopping centre. In the case of existing leases, the supermarket groups will not enforce any restrictive provisions beyond five years after the commencement of
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CBA funding will be key to future growth

Analysts will want to see how Commonwealth Bank of Australia Ltd (CBA) will diversify its funding sources to maintain growth, when the country's biggest lender announces its first-half results on Wednesday. The banks prefer the cash profit figure as a measure of profitability because it

CBA funding will be key to future growth

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AAP Analysts will want to see how Commonwealth Bank of Australia Ltd (CBA) will diversify its funding sources to maintain growth, when the country's biggest lender announces its first-half results on Wednesday. The approximate profit figure is already known after CBA announced on
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Virgin flags profit turnaround

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VIRGIN BLUE has provided further evidence that the travel industry is emerging from one of its toughest years after the airline upgraded its pre-tax profit forecasts to as much as $110 million for the full year. The profit upgrade has raised expectations Qantas may issue improved full-year
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Virgin Blue expects to land big turnaround

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VIRGIN Blue has provided further evidence the travel industry is emerging from one of its toughest years after the airline upgraded its pre-tax profit forecast to as much as $110 million for the full year. The profit upgrade has also raised expectations Qantas may issue improved full-year
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ICAP Tumbles After Broker Lowers Full-Year Outlook (Update3) - Bloomberg.com

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Pretax profit , ICAP’s preferred measure of performance, for the year ending March 31 will be between 295 million pounds ($464 million) and 315 million pounds, down from the previous forecast of 309 million pounds to 354 million pounds, the London-based company said in a statement
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British Airways doubles losses

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The net loss compared with a loss of STG127 million pounds ($A231.41 million) in the same period of 2008, BA said in a results statement. Group revenues sank 12.9 per cent to STG6.14 billion pounds ($A11.19 billion) in the nine months period. However, BA, which is attempting to merge with
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ICAP Tumbles After Broker Lowers Full-Year Outlook (Update1) - Bloomberg.com

Pretax profit , ICAP’s preferred measure of performance, for the year ending March 31 will be between 295 million pounds ($464 million) and 315 million pounds, down from the previous forecast of 309 million pounds to 354 million pounds, the London-based company said in a statement

British Airways doubles losses

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AAP British Airways said Friday that net losses in the nine months to December nearly doubled to STG245 million pounds, ($A446.43 million), hit by weak demand, adding it expected to be in the red for its full-year. The net loss compared with a loss of STG127 million pounds ($A231.41
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