Pace Micro Technologies posts loss for latest year amid flagging sales
Article Abstract:
Pace Micro Technologies PLC reported a pretax loss of 12.1 million British pounds sterling ($20.1 million) for the fiscal year ended May 30, 1998, compared to the profit of 18.4 million British pounds sterling that was generated a year ago. The year-end results came amid declining sales experienced by the U.K.-based manufacturer of satellite and cable television decoders. Included in the profit-loss statement were the 12.3 million British pounds sterling allotted for restructuring costs. Pace said that in the absence of these costs, a profit of 300,000 British pounds sterling could have been made for the year.
Comment:
Reports a pretax loss of 12.1 million British pounds sterling ($20.1 million) for the fiscal year ended May 30, 1998
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 1998
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Engine maker's net tumbled amid slump in civil orders
Article Abstract:
Rolls-Royce PLC posted a 50% decline in its net profits for the 2002 year. The company, which was hurt by a drop in civil aircraft engine orders, posted 53 million pounds in net profits for the year.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2003
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French operations dampen Egg results
Article Abstract:
Egg PLC postd a 15.7 million pound (22.7 million euros) pretax loss for the 2003 first quarter. The company was hurt by lower than expected growth at its operations in France.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2003
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