Plus   Neg

Phoenix IT Group Posts H1 Loss - Quick Facts

Phoenix IT Group plc (PNX.L), the UK IT services company reported, on a statutory performance basis, loss before tax of 63.3 million pounds for the six months ended 30 September 2012, compared to profit of 9.8 million pounds last year. Loss for the period was 63.2 million pounds compared to profit of 7.4 million pounds last year. Loss per share was 83.9 pence compared to profit of 83.9 pence last year. Revenue decreased to 124.0 million pounds from 131.0 million pounds last year.

Underlying profit before tax was 7.8 million pounds compared to 12.2 million pounds, restated, prior year. Underlying earnings per share were 7.6 pence compared to 11.7 pence last year.

The Board has announced the payment of an interim dividend of 3.70 pence per share, to be paid on 9 January 2013 to shareholders on the register on 7 December 2012.

For comments and feedback contact: editorial@rttnews.com

Business News

Editors Pick
Apotex Corp. recalled all lots of type 2 diabetes medication Metformin hydrochloride in the form of oral film-coated tablets for the potential presence of nitrosamine impurity, N-Nitrosodimethylamine (NDMA), above levels of the Acceptable Daily Intake Limit (ADI), the U.S. Food and Drug Administration or FDA said in a statement. Groupe Renault plans to cut about 14,600 jobs across the world and lower its production capacity. The plan includes almost 4,600 jobs reduction in France, through voluntary retirement and retraining. Amazon said it will convert 125,000 of the 175,000 temporary workers it hired in March amid the coronavirus pandemic, to permanent full-time employees in June. The e-commerce giant had hired the temporary employees in March to meet strong consumer demand amid the lockdown. The job openings were in Amazon's fulfillment centers and its delivery network.
Follow RTT