Quick Facts
FONT-SIZE Plus   Neg
Share SHARE

Colt Group 2011 Pretax Profit Jumps - Quick Facts

RELATED NEWS
Trade COLT now with 

Colt Group SA (COLT.L, CLTZF.PK) Thursday said 2011 pretax profit went up to 72.0 million euros from 47.0 million euros in 2010. Excluding exceptional items, prior-year profit before tax was 77.1 million euros. On a per-share basis, earnings slipped to 0.07 euros from last year's 0.08 euros.

Revenues for the year slipped 1.9 percent to 1.55 billion euros from 1.58 billion euros due to a 7.7 percent drop in Voice revenues which offset the 0.5 percent growth in Data and the 7.9 percent improvement in Managed Services revenues.

Separately the company announced the retirement of Board member Hans Eggerstedt effective April 26, 2012. As Chairman of the Audit Committee, Eggerstedt is likely to be succeeded by Anthony Rabin while Sergio Giacoletto is expected to step into the role of Senior Independent Director.

Click here to receive FREE breaking news email alerts for COLT Telecom Group and others in your portfolio

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Quick Facts

Editors Pick
Computer and printer maker Hewlett-Packard Co. said Tuesday after the markets closed that its fourth quarter profit fell 6% from last year, as revenue declined 2%. The company's quarterly earnings per share, excluding items, came in line with analysts' expectations, but its quarterly revenue fell short of analysts' forecast. This organic and natural products company has experienced strong compounded annual growth over the last four fiscal years with its net sales growing 25% and adjusted income from continuing operations over 30%. Here is a quick summary of the earnings reported after the bell on Nov. 24. 1. Amira Nature Foods Ltd (ANFI) reported net income for the second quarter of $8.3 million or $0.29 per share, compared to $5.0 million or $0.18 per share for the year-ago quarter. Excluding items, adjusted earnings...
comments powered by Disqus
FREE Newsletters, Analysis & Alerts

 

Stay informed with our FREE daily Newsletters and real-time breaking News Alerts. Sign up to receive the latest information on business news, health, technology, biotech, market analysis, currency trading and more.