Associated British Ports Holdings PLC
Associated British Ports: FY05 results
Associated British Ports (ABP) reported that underlying operating profits (ie before increase in fair value of investment properties and exceptional items) rose 3% to £151.3m in the year to December 2005. Pre-tax profits were up 2% to £132.3m.
The ABP group is provides ship and cargo owners with port facilities and services. The group’s principal subsidiary, […]
Associated British Ports: Trading statement
Associated British Ports said it expected underlying operating profit from UK ports and transport activities to grow by 3% for the year to December 2005. Underlying pre-tax profits for the year are in line with market expectations.
The UK ports business has benefited from volume growth in coal, iron ore and other bulk imports, cruise-ship calls […]
Associated British Ports : H1 results
Savings in exception administrative costs boosted Associated British Ports’ half year results to June 2005. UK ports & transport reported operating profit rose to £74.2m (2004: £26.2m). Underlying UK ports & transport operating profit rose 4% to £74.2m and underlying group pre-tax profits rose 8% to £67m.
Last years’ H1 results were adversely affected by a […]
Associated British Ports: Trading statement
Profits from property development are expected to drive Associated British Port’s earnings for the half year to June 2005. Underlying operating profits from property development are expected to reach at least £5m compared to £0.4m last year. Overall profits are expected to be ahead of consensus.
UK ports and transport activities are expected to report a […]
Associated British Ports: AGM Update
Associated British ports said the company had made a satisfactory start to 2005.
The company has made investments of £17m since February this year including a £15m investment within SSE Energy Supply, in additional coal-handing equipment and a £1.7m investment in an agribulk facility.
Associated British Ports
Associated British Ports increased turnover 9.5% to £439m in 2004 driven primarilly by a 4.2% volume growth in the UK. Its 21 UK ports generate 85% of profits, associates (Southampton Container Terminals and Tilbury Container Services) contribute a further 6% with the rest split roughly equally between property development and investment.
Associated British Ports reported a […]
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