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Ocean Wilsons Holdings, a Bermuda based investment holding company, saw pre-tax profits halve for the year ended December 31st, despite a rise in revenues. Revenue rose from $575.6m to $698.1m year-on-year, while pre-tax profits plunged from $117.2m to $58.6m. A $29m increase in operating profit
Read moreThe automobiles and parts sector was the worst performing sector of the day on Friday, despite only one constituent being in the red. Automotive and aerospace engineer GKN, the FTSE 100 stock with a market capitalisation of well over £3bn, was falling 1.7% before the close of trade, a big enough f
Read moreIncreases in port terminal, logistics and shipyard revenue drove a 34% improvement in group sales at Ocean Wilsons in the half year ended 30 June. Ocean Wilsons is Bermuda-based investment firm and through its subsidiary, Wilson Sons, operates as a maritime services company in Brazil. Revenue in t
Read moreBoard member Alex Cooper has upped his stake in Ocean Wilsons, spending nearly £50,000 on shares in the Brazil-focused shipping services group. Cooper, a lawyer and resident of Bermuda, bought 3,550 shares at 1,360p a share, and now has 46,450. The shares have risen sharply since the company issue
Read moreShipping services provider Ocean Wilsons grew its revenues in 2010 but currency movements and higher costs led to a drop in profit. Brazil is the focus of the company's activities. Revenues grew by one-fifth to $575.6m as port and logistics revenues grew. However, there was a decline in profit fro
Read moreInsulation board specialist Kingspan expects operating profits this year to come in little changed, even though sales picked up in the last three months. Group turnover in the 9 months to 30 September was €865m, up 6% year on year, with third quarter sales up 15%. The UK and Europe outside Ireland
Read moreTIDMOCN RNS Number : 7674O Ocean Wilsons Holdings Ld 02 July 2010 ? Ocean Wilsons Holdings Limited Our principal operating subsidiary, Wilson Sons Limited announced to the Brazilian and Luxembourg Stock Exchanges the following announcement. Wilson Sons Limited ("Wilson, S
Read moreLONDON (Dow Jones)--Ocean Wilsons Holdings Ltd (OCN.LN), said Friday that it's operating subsidiary, Wilson Sons Ltd has, acquired the minority 25% share participation in Brasco Logistica Offshore Ltd. MAIN FACTS: -As a result of this transaction, wilson Sons Ltd becomes the sole owner of Br
Read moreTIDMOCN RNS Number : 8483N Ocean Wilsons Holdings Ld 18 June 2010 ? Ocean Wilsons Holdings Limited Our principal operating subsidiary, Wilson Sons Limited announced to the Brazilian and Luxembourg Stock Exchanges the following announcement. WILSON SONS LIMITED (BM&FBoves
Read moreBermuda based investment company Ocean Wilsons saw pre-tax profits float higher in 2009, though the company acknowledged that 'policy settings could not have been more supportive' for investors in 2009. While revenue in 2009 dipped to $477.9m from $498.3m the year before, profit before tax surged t
Read morePR and marketing group Freshwater's profits fell sharply last year, but the fourth quarter saw an improvement that has continued into the current year. Pre-tax profit fell to £0.24m from £1.17m, on sales of £9.1m down from £9.5m. "Profitability improved in the second half, and we have gone into th
Read moreFootsie closed with strong gains after steady advances throughout the afternoon, supported by a good showing on Wall Street. It was India that stole the show among world markets though in the wake of the Congress party's election victory. Vedanta, which mines for copper in the country, shrugged off
Read moreA strong start on Wall Street has given renewed impetus to London's advance, with a strong showing by the Indian stock exchange also benefiting some India-focused stocks. Vedanta is a rare bright spot among miners, benefiting from the bounce Indian stocks received in the wake of the country's elect
Read moreIrish finance group IFG expects full year 2009 earnings to hit market expectations of 18-20c adjusted earnings per share. The international and UK businesses continue to perform well despite challenging trading conditions. Trading conditions are extremely difficult in Ireland, which now accounts fo
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