Stay up to date with notifications from The Independent

Notifications can be managed in browser preferences.

Company News in Brief

Friday 04 March 1994 19:02 EST
Comments

Your support helps us to tell the story

From reproductive rights to climate change to Big Tech, The Independent is on the ground when the story is developing. Whether it's investigating the financials of Elon Musk's pro-Trump PAC or producing our latest documentary, 'The A Word', which shines a light on the American women fighting for reproductive rights, we know how important it is to parse out the facts from the messaging.

At such a critical moment in US history, we need reporters on the ground. Your donation allows us to keep sending journalists to speak to both sides of the story.

The Independent is trusted by Americans across the entire political spectrum. And unlike many other quality news outlets, we choose not to lock Americans out of our reporting and analysis with paywalls. We believe quality journalism should be available to everyone, paid for by those who can afford it.

Your support makes all the difference.

Coutts Consulting, the educational and business trading group run by former Midland Bank chairman Sir Kit McMahon, reported a steep decline from pounds 1.2m pre-tax profit into pounds 4.9m taxable loss for the year ended 31 December.

The losses were largely due to the termination of the lease on a building where its training division was located for pounds 6.45m.

Loss per share was 20.56p, compared with earnings of 1.85p previously.

Despite the losses, the share price moved up 2p to end the day at 96p after an upbeat statement on future prospects. No dividend was declared.

James Crean, the industrial holding company based in Dublin, climbed from Ir pounds 15.4m taxable loss to make Ir pounds 15.9m pre-tax profit on higher sales of pounds Ir245.3m (Ir pounds 226.1m) for the year ended 31 December. Earnings per share recovered to 20.6p (loss 76.1p). Final dividend is Ir7.87p, making Ir13.5p (Ir12.5p).

Waterman Partnership, the engineering consultancy group, achieved a sharp increase in pre-tax profits from pounds 56,000 to pounds 106,000 for the six months to 31 December. Earnings per share were maintained at 0.2p as was the interim dividend at 0.5p.

Join our commenting forum

Join thought-provoking conversations, follow other Independent readers and see their replies

Comments

Thank you for registering

Please refresh the page or navigate to another page on the site to be automatically logged inPlease refresh your browser to be logged in