Corporate News

Rexam Annual Profit Down - Quick Facts

Consumer packaging firm Rexam Plc's (REXMY.PK, REX.L) full-year statutory pre-tax profit dropped to 354 million pounds, from 402 million pounds, while underlying pre-tax profit edged up 1% to 418 million pounds, from 414 million pounds in the 2011 period. Profit attributable to equity shareholders was 214 million pounds, lower than last year's 376 million pounds, as restated.

Basic earnings per share fell to 24.6 pence, from 43.1 pence in the prior-year period. However, on an underlying basis, earnings per share totaled 37.5 pence, up slightly from restated 37.0 pence a year before.

Sales on continuing operations for the year 2012 reached 4.31 billion pounds, up 2% from the previous year's 4.23 billion pounds.

by RTTNews Staff Writer

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