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Ted Baker Share News (TED)
Share News for Ted Baker (TED)
| Share Price: 1,490.00 | Bid: 1,492.00 | Ask: 1,495.00 | Change: 22.00 (+1.50%) |  | ||||||
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UPDATE 1-Tepnel Life Sciences '08 operating profit doubles
Fri, 27th Feb 2009 08:02
* Sales rise 37 pct, oper profit up at 2.8 mln stg
* Gross profit up 43 pct at 14.5 mi
* Says Gen-Probe offer represents significant value
(Adds details)
Feb 27 (Reuters) - Molecular diagnostics maker Tepnel Life Sciences Plc, which has agreed to be acquired by Gen-Probe, said on Friday full-year operating profit doubled on a 37 percent rise in revenue.
The company reported an operating profit of 2.8 million pounds ($4.01 million), compared with 1.4 million pounds in 2007 on revenue from continuing operations of 24.4 million pounds.
Gross profit rose 43 percent to 14.5 million pounds, while operating cash inflow increased to 4.2 million pounds from 1.7 million pounds year ago, the company added.
U.S. diagnostics firm Gen-Probe's 27.1 pence-per-share recommended offer represented significant value for Tepnel shareholders, the company said, adding that it had reached the agreement as it would require additional capital investment and access to certain technologies.
($1=.6986 Pound)
(Reporting by Ramkumar in Bangalore; Editing by Gopakumar Warrier) Keywords: TEPNELLIFE/
(ram.kumar@thomsonreuters.com +44 20 75427717; Reuters Messaging: ram.kumar.thomsonreuters.com@reuters.net)
COPYRIGHT
Copyright Thomson Reuters 2009. All rights reserved.
The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.
* Sales rise 37 pct, oper profit up at 2.8 mln stg
* Gross profit up 43 pct at 14.5 mi
llion stg
* Says Gen-Probe offer represents significant value
(Adds details)
Feb 27 (Reuters) - Molecular diagnostics maker Tepnel Life Sciences Plc, which has agreed to be acquired by Gen-Probe, said on Friday full-year operating profit doubled on a 37 percent rise in revenue.
The company reported an operating profit of 2.8 million pounds ($4.01 million), compared with 1.4 million pounds in 2007 on revenue from continuing operations of 24.4 million pounds.
Gross profit rose 43 percent to 14.5 million pounds, while operating cash inflow increased to 4.2 million pounds from 1.7 million pounds year ago, the company added.
U.S. diagnostics firm Gen-Probe's 27.1 pence-per-share recommended offer represented significant value for Tepnel shareholders, the company said, adding that it had reached the agreement as it would require additional capital investment and access to certain technologies.
($1=.6986 Pound)
(Reporting by Ramkumar in Bangalore; Editing by Gopakumar Warrier) Keywords: TEPNELLIFE/
(ram.kumar@thomsonreuters.com +44 20 75427717; Reuters Messaging: ram.kumar.thomsonreuters.com@reuters.net)
COPYRIGHT
Copyright Thomson Reuters 2009. All rights reserved.
The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.
Ex-divs to take 10.91 points off FTSE 100 on May 8
LONDON, May 6 (Reuters) - The following FTSE 100 companies will go ex-dividend on Wednesday, after which investors will no longer qualify for the late[6 May '13]
UPDATE 2-Next, H&M feel chill of weather and recession
* Next 2012-13 profit 621.6 mln stg, in line with forecasts* Next says first few weeks of new year quiet* Next tempers 2013-14 sales growth guidance t[21 Mar '13]
UPDATE 1-Ted Baker profit boosted by overseas expansion push
* FY profit up 16.5 pct to 31.5 mln stg* Revenue up 18 pct to 254.5 mln stg* Says new year started well, more openings plannedLONDON, March 21 (Reuter[21 Mar '13]
FACTBOX-How UK retailers fared over Christmas
LONDON, Jan 25 (Reuters) - With British shoppers fretting over job security and a squeeze on incomes, retailers found the going tough in 2012.[25 Jan '13]
FACTBOX-How UK retailers fared over Christmas
LONDON, Jan 17 (Reuters) - With British shoppers fretting over job security and a squeeze on incomes, retailers found the going tough in 2012.[17 Jan '13]
FACTBOX-How UK retailers fared over Christmas
LONDON, Jan 16 (Reuters) - With British shoppers fretting over job security and a squeeze on incomes, retailers found the going tough in 2012.[16 Jan '13]
FACTBOX-How UK retailers fared over Christmas
LONDON, Jan 15 (Reuters) - With British shoppers fretting over job security and a squeeze on incomes, retailers found the going tough in 2012.[15 Jan '13]
FACTBOX-How UK retailers fared over Christmas
LONDON, Jan 11 (Reuters) - With British shoppers fretting over job security and a squeeze on incomes, retailers found the going tough in 2012.[11 Jan '13]
