Annual profits

Frost Bank parent company announces first drop in annual profits in 6 years

Cullen / Frost Bankers Inc. reported Thursday that its annual profit fell 2.5% last year, the first time in six years that the San Antonio financial holding company has experienced a bottom line. Higher expenses resulting from its expansion in Houston and its new headquarters in San Antonio contributed to lower profits for Frost Bank’s […]

Annual profits

Severn Trent PLC’s annual profits rise despite the £ 22million blow from last summer’s heatwave

Severn reported a 7.8% increase in its pre-tax profits to £ 563million in the 12 months ended March 31, helped by lower tax rates and lower interest repayments. PLC () profits jumped nearly 8% last year, despite huge costs associated with “one of the hottest, driest summers” on record. The FTSE 100-listed water company said […]

Annual profits

Reckitt Benckiser PLC Announces Annual Profit Increase as It Prepares to Acquire Mead Johnson for US $ 17 Billion

Mead Johnson’s first full-year contribution helped push revenue up the range, while bottom line also benefited Reckitt Benckiser PLC (LON: RB.) Reported an increase in annual sales and profits after enjoying “widespread growth” in its portfolio of consumer goods brands. Revenue for the year ended Dec.31 increased 10% to £ 12.60 billion – the upper […]