Archive for March, 2012

HSBC annual profits grow to £13.8 billion

HSBC’s annual profits grew 15% to £13.8 billion ($21.9 billion) in what it called a year of “major progress”.The bank is the biggest in Europe and makes about 90% of its profits outside the UK. HSBC’s UK profits were 17.2% higher than last year at £1.5 billion. The bank singled out its “strong performance” in […]

March 29, 2012  Tags: , , , , , ,   Posted in: Business Finance, Business Growth, Business Profits, Business Win, Global Business, Growing Businesses, Professional Services, Uncategorized, Winning Business  No Comments

Bovis Homes builds sharp annual profits increase

Housebuilder Bovis Homes has reported a steep jump in profits for 2011 and says the average sales price rose 5% to £180,100.Pre-tax profits for the year to December 2011 were £32.1 million- an increase of 74% on the year before. The UK based group said in January it expected sharply higher profits. It sold more […]

March 23, 2012  Tags: , , , , ,   Posted in: Building Businesses, Business Profits, Business Sales, Business Win, Growing Business, New Business Development, Uncategorized  No Comments

Jaguar Land Rover sales boosts profits

Soaring sales of Jaguar and Land Rover cars have helped their parent company Tata Motors to a huge rise in profits.In the three months to December 31, profits rose 41% compared with 2010 to 34.1 billion rupees (£441 million), with sales up 44% to 453 billion rupees. Its Jaguar Land Rover (JLR) arm saw sales […]

March 16, 2012  Tags: , , , , , , , , , ,   Posted in: Building Businesses, Business Exports, Business Growth, Business Profits, Business Sales, Business Win, Exporting Businesses, Global Business, Growing Business, Uncategorized  No Comments

Dyson to create 300 jobs after growing record turnover

The design and engineering firm Dyson says it has made £1 billion ($1.58 billion) in sales turnover for the first time and will create recruit another 300 skilled jobs- around 8% of its workforce.The company which is best known for it’s bagless vacuum cleaners said sales rose by a quarter in 2011, with some markets […]

March 9, 2012  Tags: , , , , , , , , ,   Posted in: Business Exports, Business Growth, Business Sales, Business Win, Exporting Businesses, Global Business, Growing Business, Technological Businesses, Uncategorized  No Comments

De Beers annual profits jump 62%

Diamond miner De Beers has announced a surge in profits as Chinese and US shoppers snapped up its diamonds and gems.Underlying profits were up 62% last year to £443 million ($698 million). But the firm warned that trading slowed down in the second half of 2011 and it says that trend is likely to continue […]

March 2, 2012  Tags: , , , , , ,   Posted in: Building Businesses, Business Growth, Business Profits, Business Win, Global Business, Growing Business, Uncategorized  No Comments