Member Info for mulledwine

John Morgan, Executive Chairman, commented: "2010 was a year of important strategic and operational progress for the Group. The restructuring we conducted to create Construction & Infrastructure leaves us better placed than ever to meet our clients' needs, while Lovell's expansion in response and planned maintenance opens up exciting new market opportunities. "Trading remains challenging, but we continue to secure profitable projects. We are well placed to exploit opportunities presented in the short-term, whilst carefully monitoring market trends to maximise long-term growth potential. The Group remains financially strong with an exciting

Outlook · Order book increased to £3.6bn (2009: £3.2bn), supplemented by Urban Regeneration's development pipeline of £1.4bn (2009: £1.4bn) · Group's capabilities and broad sector spread leave it well placed to meet challenges and opportunities in the market · Current focus on targeting infrastructure opportunities in power generation and utilities, exploiting Affordable Housing's expanded capabilities, maintaining Fit Out's market share and generating construction work through investment-led opportunities

Group Highlights · Strong financial and operational performance reflecting the market leading positions of each of the Group's operating divisions · Group continues to secure profitable market opportunities · Full-service Affordable Housing offering created by extending response and planned maintenance capability through acquisition of the social housing business from Connaught · Construction and Infrastructure Services divisions combined to deliver integrated service and increase efficiency · Continued focus on cost control with £59m of accumulated annualised savings realised over the past three years, including £21m realised in 2010 · Strong balance sheet with net cash balance of £149m (2009: £118m), £100m of undrawn facilities and a defined benefit pension deficit of only £2m (2009: £3m) · Total dividend maintained at 42.0p, reflecting balance sheet strength and confidence in future prospects

http://investegate.co.uk/Article.aspx?id=201102220700096093B

Now those are impressive results

the global recovery helped speciality chemicals group Croda International more than double pre-tax profits in the year to 31 December, sparking a strong reaction from the shares today. Pre-tax profits jumped to £192m from £91m the previous year on revenues that rose to £1bn from £828m.

The global economic recovery helped animal breeding business Genus lift revenues and profits in the half year to 31 December. The firm posted a pre-tax profit of £19.1m, up from £15.5m over the same period the previous year, on revenues that climbed to £153.2m from £134.9m.

Drax's earnings before interest, tax, depreciation and amortisation in 2010 totalled £391m, up from £355m last year, and ahead of market expectations of £384m. Total revenue was comfortably ahead of market expectations at £1,648.4m, up from $1,475.8m; the market had pencilled in a figure of £1,426m.

Specialist business publisher and trade events group Informa posted a sharp rise in 2010 despite flat revenues as it adjusted to the tough climate by consolidating publications, getting rid of marginal ones and reducing the scale of some events. Pre-tax profits rose to £125m from £96.5m the previous year on revenues that rose to £1.226bn from £1.221bn.

http://sharecrazy.com/beta/Tips/4877/woodburne-square-ag-a-unique-aim-listed-silver-play

http://investegate.co.uk/Article.aspx?id=201102221637026722B

Diageo raises its spirits with Turkish deal Reuters Tuesday 22 February 2011 05:26 LONDON (Reuters) - Diageo Plc <DGE.L>, the world's biggest spirits maker, agreed on Monday to buy raki spirits maker Mey Icki for 1.3 billion pounds in cash to give it access to the fast-growing Turkish market. The London-based maker of Johnnie Walker whisky and Smirnoff vodka is buying Turkey's biggest spirits company, with an 80 percent share in the country's top-selling spirit category, the aniseed-flavoured raki, and a leading seller of local vodka.

Scott McGregor, Camco Chief Executive, said, "The Company is in a strong position across all our markets after its 2010 turnaround and best performing year. Given the performance and focus of the business, we are in a prime position to seize the current opportunities, grow our projects business, deliver the current portfolio and build value for our customers and shareholders."

Camco, a global developer of emission reductions and clean energy projects, is pleased to announce its consolidated final results for the year ended 31 December 2010. HIGHLIGHTS as at 31 December 2010 • Profit in 2010 of €10.1m (2009: loss of €10.9m) • Increased revenues to €30.0m in 2010 (2009: €27.8m) • Net assets of €61.2m of which €31.7m is net accrued income from carbon projects which are registered and operational and expected to deliver cash in the next 2.5 years • More than doubled the amount of carbon credits 8.1m tonnes issued in 2010 (2009: 3.3m tonnes) • Expansion of the Carbon portfolio including 30m tonnes of carbon credits contracts signed, delivering into phase three of the EU-Emissions Trading Scheme (EU-ETS) • Formed a financial and operational partnership with Khazanah Nasional Berhad (a Malaysian sovereign wealth fund) into Camco South East Asia Joint Venture, with USD $30m cash to expand business growth in one of the fastest growing regions in our sector • Established joint ventures in North America creating an investable pipeline greater than USD $300m of clean energy projects in the agricultural methane and industrial energy efficiency sectors • Turned around our Advisory business to deliver a strong profit of €0.8m

http://investegate.co.uk/Article.aspx?id=201102220700106097B

http://www.iii.co.uk/news/?type=reutersnews&articleid=TRE71L3YI&feed=Bus&action=article

Spirits brands giant Diageo is to buy Mey Içki, the leading spirits producer and distributor in Turkey. The company is being acquired for an enterprise value of TL3,300m (£1,300m) from investment firm TPG Capital and Actera. The transaction is expected to complete in the second half of 2011, subject to regulatory clearances.

Sausage skins maker Devro produced full-fat results for 2010 with operating margin improving sharply to 16.1% from 12.4%. Profit before tax and exceptional items in 2010 rose 44.4% to £36.3m from £25.1m in 2009.

Sector peer Hammerson reported adjusted profit before tax of £144.5m for 2010, up from £130.0m in 2009. Profit adjusted for revaluations grew by 11% to £144.5m and adjusted net asset value per share had risen 17.6% to 495p by the end of 2010. Net rental income fell 3% to £284.7m, but was up 3.5% on a like for like basis. "This is a strong set of results which reinforces the strategy we are pursuing,” chairman John Nelson said.

South African paper and packaging firm Mondi increased full year pre-tax four fold and upped its dividend as demand continues to pickup from financial crisis levels. Pre-tax profit rose to €372m for the year ended 31 December 2010 from €49m a year earlier. Group revenue increased 18% to €6.2bn.