logo
Plus   Neg
Share
Email

STV 2011 Profit Decreases - Quick Facts

STV Group Plc (STVG.L) said its profit for 2011 plummeted to 0.6 million pounds or 1.5 pence per share from 5.3 million pounds or 13.9 pence per share in the prior year. Underlying profit for the year was 14 million pounds or 36.1 pence per share compared to 12.5 million pounds or 32.9 pence per share last year.

Pre-tax loss was 0.9 million pounds versus pre-tax profit of 3.9 million pounds a year ago. Underlying pre-tax profit for the year rose to 14 million pounds from 12.5 million pounds in the previous year.

Revenue for the year dropped to 102 million pounds from 104.8 million pounds in the prior year.

by RTTNews Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Quick Facts

Editors Pick
In a move likely to further inflame global trade tensions, President Donald Trump has threatened to impose a 20 percent tariff on all cars imported to the U.S. from the European Union. Trump claimed he would impose the new tariffs unless the EU removes tariffs and trade barriers placed on the U.S. The Federal Reserve has determined that the largest U.S. banks are strongly capitalized and would be able to lend to banks as well as households during a severe global economic recession. This is the fourth straight year that all banks have met the Federal Reserve's standards. The first round of results of the supervisory stress tests were released by the central bank on Thursday. The "safety" driver behind the wheel of a self-driving Uber was streaming a television show on her smartphone up until about the time of a fatal crash in March, according to a report from the Tempe Police Department. Uber's self-driving Volvo SUV, which was traveling at under 44 miles per hour, had struck and killed a pedestrian in Arizona on March 18.
Follow RTT