UK: COLT POSTS WIDER LOSS

Article Abstract:

Colt Telecom posted wider third quarter 2000 losses compared with the year earlier despite reporting healthy demand for high-speed data services. The UK-based local exchange carrier posted profits before taxation, interest, amortization and depreciation up by 50% to GBu 2.4mn. Colt, which is valued at GBu 14mn and has networks across two dozen European cities, is not expected to become profitable until 2004 or thereabouts. Table: Colt Telecom Figures in GBu mn Current Previous/Change Pre-tax profits (33.4) (21.9)

Communications Equipment, Telecommunications Equipment, Communications Equipment Manufacturing, Statistical Data Included, Telecommunications equipment industry, Telecommunications systems, Colt Telecom

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UK: STOVES POSTS LOWER PRE-TAX PROFITS

Article Abstract:

Stoves posted lower pre-tax profits for the 12 months to May 2000 compared with the year earlier due to competition from cheap continental European imports and declining prices. The UK-based cooker manufacturer, which posted record sales, said that profits were hit by the pound's strength, leading to the final dividend being axed. Table: Stoves Figures in GB[pound] mn Current Previous/Change Sales 102 - Pre-tax profits 0.05 0.86 -94.18%

Household cooking equipment, Household Cooking Equip, Household Cooking Appliance Manufacturing, Home appliances industry, Appliance industry, Cooking equipment, Stoves Ltd.

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UK: PREMIER FARNELL POSTS PRE-TAX PROFIT GAIN

Article Abstract:

Premier Farnell posted higher first quarter 2000 pre-tax profits on growth in sales. The distributor of electronic components has established UK and US electronic platforms and believes it is ideally positioned to capitalise on solid trading in electronics. Table: Premier Farnell Figures in GB[pound] mn Current Previous/Change Sales 210 - 12% Pre-tax profits - - 8.7%

Electronic parts and equipment, Electronic Parts Wholesale, Other Electronic Parts and Equipment Wholesalers, Electric Lighting and Wiring Equipment, Electric Lighting & Wiring Equip, Electric Lighting Equipment Manufacturing, Electric equipment, Lighting equipment and supplies industry, Lighting equipment industry, Electronic components industry, Electronics wholesalers, Premier Farnell PLC

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