Finance ɫTV – Page 227
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Wolseley profit falls 60% – and there’s worse to come
Pre-tax profit at building materials giant Wolseley has plummeted 60% to £233m over the past year and it warned that its markets will “continue to deteriorate”
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Balfour Beatty boss is industry’s best bargain
Ian Tyler, chief executive of Balfour Beatty, has topped a value-for-money table for construction bosses
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Property returns drop to around 0%
Data reveals investor confidence creeping back, but sharp fall in commercial activity in June
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How to renegotiate contracts in the UAE
The legal adviser at HBJ Gateley Wareing's Dubai office offers tips for contractors
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Arabtec profit plummets by a third
UAE's biggest contractor posts second quarter net profit of 183m dirhams
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BAA loss triples at London airports
Interim results show operator lost £546m in the half-year at Heathrow, Gatwick and Stansted, despite 13% rise in revenue
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Profit slides 27% at Travis Perkins
ɫTV materials firm also posts a fall in revenue of 13% in the past year but has substantially cut its debt
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Sales plummet at steel giant ArcelorMittal
Revenue halved in second quarter as world's biggest producer records third quarterly loss in a row
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Aldar profit falls 80% in a year
Abu Dhabi developer's second quarter profit drops to 1.14bn dirhams
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20% of firms are trading without credit insurance
CPA slams government’s insurance top-up scheme after it finds only one company has taken advantage of it since April launch
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Wolseley warns of worse ahead as profit dives 60%
Materials firm predicts in trading update that markets will 'continue to deteriorate' although new homes sector stabilising
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WSP profit falls 40% after 1,000 jobs cut
Engineer's half-year profit sharply down despite 4% rise in revenue, following 1,000 redundancies last year
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Derbyshire BSF first phase reaches financial close
£80m programme will deliver six new schools with GF Tomlinson and Bowmer & Kirkland as construction partners
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G&T reveals loss of 13% of its partners
Gardiner & Theobald reveals more than one in 10 partners have left the business, which has been cutting staff
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Turner & Townsend: We will be bigger in US than UK
Consultant continues global push as it breaks £200m turnover and eyes two acquisitions
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Citywatch: Drawing a line in the sand
Architect Aukett Fitzroy Robinson was forced to make another uncomfortable disclosure to the City this week
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UK boss to step down as T Clarke issues profit warning
M&E contractor T Clarke has said its UK managing director will step down following a profit warning and what it called “turbulent” market conditions
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Amec buys Australian
Amec has signed a deal to buy Australian engineering and project development company GRD for £52m
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Styles & Wood job
Retail fit-out specialist Styles & Wood has appointed Philip Lanigan as its finance director
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Abbey loses £46m
Anglo-Irish housebuilder Abbey has reported a loss of €54.4m (£46.7m) for the year ending 30 April, which compares to a profit of €16.8m in 2008