turnover
RSS turnoverIn brief: Xerox profits rise
News Turnover grew nine per cent to $4.7bn. Xerox has announced second quarter profits of $395m, up 17 per cent on the same period last year. The company credited double-digit growth in sales of digital copiers for the improvement. [24 Jul 1998]
In brief: BMW creates over 2,000 jobs
News Record orders this year meant the company was able to announce a half-yearly turnover of DM 31m, up 6.3 per cent on the same period last year. German car maker, BMW, has promised to create 2,100 jobs in its domestic market, the highest amount since... [24 Jul 1998]
In brief: Apple results beat expectations
News The company blamed the flat turnover on supply problems with its Powerbook range and on the lack of a true consumer product. Apple surprised Wall Street yesterday with better than expected third quarter results. [16 Jul 1998]
In brief: Compaq announces Q2 loss
News Turnover was $5.8bn (£3.6bn), up 5.7 per cent from the same period last year, while income for the quarter was $32m (£20m) excluding charges connected to the Digital acquisition. Compaq today announced a second quarter net loss of $3.6bn (£2.2bn). [15 Jul 1998]
In brief: Colt share issue to fund European expansion
News Turnover of £81.7m for the first six months of 1998 exceeded total revenues for the whole of 1997, and gross profits increased almost threefold to £15.2m. Colt Telecom will issue shares and debt worth £600m to fund the further roll-out of its pan... [14 Jul 1998]
In brief: FI Group staff share £4m bonus
News Turnover was up to £162m for the year ended 30 April 1998 from £99m for the same period last year. Staff at the FI Group are to be awarded a bonus after the IT services company enjoyed a 62 per cent increase in profits. [09 Jul 1998]
In brief: Calluna edges into the black
News The company now has a £10m order book and a turnover of over £1m per month. Scottish miniature disk drive company, Calluna, has shown the first signs of profitability since it was hit by financial problems last year. [01 Jul 1998]
In brief: Admiral buys International Datasupport
News The move will boost Admiral's overseas business to 30 per cent of turnover, the company claimed. UK-based IT services company, Admiral, has acquired the International Datasupport for £4m. International Datasupport, a Danish services group, was... [01 Jul 1998]
Securicor lacks faith in Cellnet
News Turnover was £581m, down 14 per cent from last year. Rumours that Securicor is about to sell its stake in Cellnet have resurfaced following lacklustre interim results from the security, distribution and telecoms firm. [26 Jun 1998]
