Newspaper article from our research archive:
|
|
BM shows big loss for second year
- Article from:
-
The Independent - London
- Article date:
-
October 27, 1994
- Author:
-
|
Copyright informationCopyright 1994 The Independent - London. Provided by ProQuest LLC. (Hide copyright information)
|
BM, the debt-laden engineer driven to the brink of collapse by
ill-starred acquisitions, announced a second year of big losses
yesterday.
In the year to end-June it made taxable losses of pounds 71.4m,
compared with losses of pounds 116.6m the year before. Although
operating profits on continuing operations, ranging from tobacco
machinery and fasteners to metal fabrication, rose from pounds 1.3m
to pounds 6.7m, one- off charges of pounds 67.5m dragged the group
into the red.
These included the write-off of pounds 51.6m of goodwill linked
to a rapid-fire disposal programme to reduce debt. There was also a
pounds 12.7m write-down of pension pre-payment triggered by that
programme's pruning of ...
Related newspaper, magazine, and journal articles:
|
BM shares rise on news of Benford sale
The Independent - London;
August 27, 1994 ;
217 words
......160m in June 1993, are now below pounds 40m. BM, a former stock market star...the disposal will result in a pounds 1.1m write-down in BM's balance sheet. In the year to June 1993 BM lost pounds 120m, prompting a call from one...
|
|
fashion: Bargain hunt; A guide to finding trendy outfits... for under...
Daily Post (Liverpool, England);
May 20, 2006 ;
533 words
......chic style - all for under pounds 20. BON MARCH E Its BM collection offers up-to-the-minu...expected to be safari shorts from pounds 12, pretty jeans with embroidered...and sequin leg detail from pounds 12, and patterned swing skirts with sequinned trim for pounds 18. TJ HUGHES With 50 ...
|
|
Quentin Willson motoring column: DREAM BEEMER; My BMW 31-Great for pounds...
Sunday Mirror (London, England);
March 23, 2003 ;
700+ words
......did the deal for pounds 1,600 dead. The drive...000 miles, my budget BM didn't smoke, rattle...didn't budge and the BM's ride quality remained...The first leg of my pounds 1,600 odyssey had...Proof positive this BM is the best pounds 1,600 I ever spent...
|
|
BM still suffering from buying spree
The Independent - London;
March 11, 1994 ;
197 words
......published yesterday by the engineer BM Group were once again scarred...months to 31 December were pounds 14.1m. Included in the loss was a pounds 6m charge to reorganise Canadian...businesses ready for sale and a pounds 13m write-off of goodwill relating to companies BM has already sold. A ...
|
|
'Takeover' windfall for savers; Midshires pounds 80m profits as members...
The Birmingham Post (England);
February 24, 1998 ;
454 words
......after tax profits of pounds 50.4million, before...some criticism that BM's board had accepted...last August, valued BM at between pounds 605million and pounds...to be worth more than pounds 1,000. Those with BM for less than two years...
|
|
BM Group cuts gearing with US sale
The Independent - London;
July 26, 1994 ;
174 words
...BM GROUP, the engineering concern...distribution business, for $22m ( pounds 14m) and reduced gearing below...writes Robert Cole. As a result, BM's group debt fell from pounds 66m to pounds 52m as of 30 June 1994, the end...Marubeni Corporation of Japan. BM said yesterday that the ...
|
|
WIN pounds 1,000 shopping spree
Birmingham Mail;
November 13, 2006 ;
318 words
......Mens St George by Duffer Wool Coat - was pounds 120 now pounds 60 Girls Rocha. Little Rocha toddler pyjamas - was pounds 16 now pounds 8 Tefal Aquatimer 3 tier steamer - was pounds 50 now pounds 25 With many more fantastic offers throughout the store...mrn.co.uk. Please ensure that ...
|
|
WIN pounds 1,000 shopping spree.(Competition/Offers)
Birmingham Mail (England);
November 13, 2006 ;
319 words
......Mens St George by Duffer Wool Coat - was pounds 120 now pounds 60 Girls Rocha. Little Rocha toddler pyjamas - was pounds 16 now pounds 8 Tefal Aquatimer 3 tier steamer - was pounds 50 now pounds 25 With many more fantastic offers throughout the store...mrn.co.uk. Please ensure that ...
|
|
Birmingham Midshires employees to bank bonuses averaging pounds...
The Birmingham Post (England);
March 2, 2006 ;
329 words
......billion. That compares with pounds 9.2 billion and pounds 5.9 billion respectively...Rolls-Royce. On that basis, BM is contributing somewhere between pounds 300 million and pounds 400...been a difficult year for BM following the decision to...
|
|
Government sell-off left taxpayers a pounds 280m bill
The Independent - London;
January 26, 1996 ;
271 words
......management arm of the Property Services Agency was sold for pounds 10.4m, but the taxpayer was left holding a bill for pounds 280m in redundancy costs. A study by the National Audit...bought by four separate businesses. Total net proceeds were pounds 10.4m, although the buyers of three of the five - ...
|
|
NO ONE FINER THAN FEINER THE SUN PRAIRIE WRESTLER WINS AT 112 POUNDS,...
Wisconsin State Journal (Madison, WI);
February 2, 2002 ;
700+ words
......Championship matches 103 pounds: Jackson, JP, def...JP, pinned Dahl, BM, 3:51. 140: Gutoski...place matches 103 pounds: Acker, Mi, def. Bernfeld...ME, def. Stenberg, BM, 13-3. 145: Grady...16-14. 189: Jacobson, BM, received forfeit...Holmgren. Hwt.: Shumaker, BM, def. Dillner, ...
|
|
Plea to claim 'idle' funds; FINANCE: pounds 2.8m dormant in Midshires...
Birmingham Mail (England);
September 10, 2008 ;
224 words
...Byline: By Jon Griffin AROUND pounds 2.8 million worth of funds...is part of a total sum of pounds 29.6 million Midshires aims...Dormant Bill on October 6, BM is urging customers to reclaim...In the West Midlands alone pounds 2.8 million of dormant funds...be reunited which hold over pounds ...
|
|
FOCUS THE SPORT OF MILLIONAIRES: It's not a game - it's a licence to print...
The Sunday Telegraph London;
February 15, 1998 ;
700+ words
......1 million a year. The average Premiership player earns pounds 7,000 a week. Alan Shearer, the Newcastle and England striker, earned pounds 4 million last year, even when injured. According to a...Liverpool striker, was recently reported to have demanded pounds 50,000 a week. That is to say nothing of the ...
|
|
Try the York alternative and raise a glass on BM while you're there;...
The Racing Post (London, England);
November 9, 2008 ;
212 words
......babysitters and taxis will be better, so for pounds 33.95, we're promising a great night out...and the course's Thursday parties, at pounds 36.95 per head for four-course meal and...Tuesday racing on December 9 and 23, from pounds 75 per head. Details online at fontwellpark...
|
|
YOUR money: DEBT SPIRAL; Overdrawn.. you lose your job.. mortgage is in...
The Mirror (London, England);
February 13, 2008 ;
306 words
......would be charged a crippling pounds 331. The survey found big differences...counselling. Northern Rock and BM Solutions give one month's...payment, but others charge up to pounds 50. Bradford & Bingley...Royal Bank of Scotland charge pounds 35 for a returned cheque or...raise monthly payments ...
|
See all results.
Or, try our
Advanced Search.
|