Property developer Land Securities, which owns the Bluewater purchasing center in Kent, nearly trebled its losses remaining 12 months to £119m, from a lack of £44m the preceding yr. That becomes because of a steep decline in the price of its retail assets; a strain on retailers led to higher vacancies.
However, sales earnings turned into up 8.Nine% at £442m, the enterprise said.
The agency has two-thirds of its assets in London. It said: “Occupational and investment call for in London have remained strong during the last two years no matter uncertainties created through the United Kingdom’s decision to go away the EU. We’ve had a sturdy 12 months operationally, towards the backdrop of political gridlock and the well-publicized problems within the retail market,” said chief government Robert Noel.
It extended its full-year dividend via 3.1% to forty-five .55p.
Those full-12 months effects from Vodafone unveiled a €7.6bn loss for the 12 months because it bought bits of the commercial enterprise and commonly tried to get its act collectively. The shares are down by a third these 12 months. It used to be a pinnacle FTSE-one hundred organization by way of size, rivaling giants like Shell and HSBC, but it has now dropped out of the top ten. And now it has reduced its dividend payments.
Vodafone is a big dividend payer and so crucial,” says Chris Beauchamp, chief market analyst at IG Group. Significant pension funds like organizations with excessive dividend payouts for thus-called income finances. It’s working out ways of making its belongings paintings tougher,” he says. It will be referred to as Plantastic, boss Alastair Murray, acting leader government, found out, adding that the logo changed into “exciting. Products beneath the emblem name may be launched inside the desserts, cake, and soup categories. The corporation trumpeted a 12% boom at its Mr. Kipling emblem after a relaunch final 12 months as it discovered that buying and selling profit grew 4.5% to £128.5m. But it made a pre-tax loss final 12 months of £forty two.7m because of “GMP pensions recognition and impairment of intangible assets”, the latter regarding the Sharwood’s and Saxa manufacturers.
