Company News in Brief
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.Savills, the estate agent, returned to profit in the six months to 31 October with a taxable figure of pounds 163,000 against losses of pounds 762,000 last time. Earnings per share were 0.03p against losses of 1.7p, but there is still no dividend. However, Aubrey Adams, managing director, said Savills would like to pay one at the year-end. Cost cuts of pounds 862,000 were made in the half- year, mostly from staff reductions. Savills has gone from 750 staff at its peak two-and-a-half years ago to 530.
Abbey, the housebuilder, reported a pre-tax profit of Ir pounds 501,000 in the six months to 31 October (Ir pounds 367,000). However, earnings per share fell from 0.63p to 0.43p. The pre-tax figure was struck after a Ir pounds 1m interim provision for a write-down of group properties and land at the year-end.
Reg Vardy, the motor dealer, reported a profit before tax of pounds 1.86m in the six months to 31 October. This compared with pounds 2.02m last time. Earnings per share fell from 4.22p to 3.01p but the interim dividend is held at 1.3p.
Join our commenting forum
Join thought-provoking conversations, follow other Independent readers and see their replies
Comments