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Article: Property and contracts improve results
- Article from:
- Yorkshire Post
- Article date:
- September 8, 2005
CopyrightCopyright 2005 Yorkshire Post. Provided by ProQuest LLC. (Hide copyright information)
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Investment boosts ABP profit figures
Ros Snowdon
Deputy City Editor
ASSOCIATED BRITISH PORTS is on track to deliver profits following
an [Pounds]87m investment at the port of Immingham on the Humber
Estuary, which should contribute to profits in 2006.
Yesterday Associated British Ports posted an eight per cent rise
in first-half profits to [Pounds]67m during the six months to June
30.
The group, which handles almost a quarter of the UK's sea trade
through 21 ports including Grimsby, Immingham, Hull and Goole, said
that it had benefited from property sales and a number of long-term
contracts in the UK.
The group said that these contracts made it confident of continued
growth at its core UK ...