logo
Plus   Neg
Share
Email

Capital Shopping Centres 2011 Profit Dips - Quick Facts

Capital Shopping Centres Group plc (CSCG.L) reported a plunge in its profit before tax and associates to 27.2 million pounds from 446.2 million pounds in 2010.

Profit attributable to equity shareholders of CSC Group Plc plummeted to 30.0 million pounds from prior year's 511.8 million pounds, with full-year earnings per share falling significantly to 2.9 pence from 80.5 pence a year ago.

On an underlying basis, earnings amounted to 138.6 million pounds or 16.5 pence per share in 2011 and 98.3 million pounds or 15.4 pence per share last year.

Revenue on continuing operations improved to 516.1 million pounds from 420.3 million pounds in the comparable period.

by RTTNews Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Quick Facts

Editors Pick
Down the line, GE has transformed from a too-big-to-fail conglomerate to a too-big-for-success albatross. The company has admitted to being too-much focused on EPS and operating profit, and not paying enough attention to cash. However, GE is certainly learning lessons from its past and refocusing its strategies to stage a comeback to its Camelot days, the key catalysts being... Industrial conglomerate General Electric Co., one of the original components of the Dow Jones Industrial Average, has been replaced by Walgreens Boots Alliance Inc. in the blue-chip index. The change comes into effect prior to the open of trading on Tuesday, June 26. The 122-year-old Dow Jones Industrial Average, or simply the Dow, is a stock market index with 30 component companies. A $716 billion defense policy bill easily cleared the Senate on Monday, although the legislation must still be reconciled with the version previously approved by the House. The Senate voted 85 to 10 in favor of the National Defense Authorization Act, which authorizes U.S. military spending for fiscal 2019.
Follow RTT