Finance News – Financial Year
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The O2 owner’s touring and festivals arm almost doubles sales
The UK-based live entertainment division responsible for tours and festivals reported a substantial increase in revenue and profits in 2024, nearly doubling its turnover compared t...
Read Full Article →Direct Line suffers shareholder revolt over CEO’s huge pay day
Shareholders expressed strong opposition due to the CEO receiving a substantial compensation package, raising concerns about executive pay amid the company’s upcoming £3.7 billion...
Read Full Article →Burberry shares jump on turnaround hopes but job losses loom
Investors responded positively to Burberry’s improved prospects for the latter half of the year, although concerns remain due to the planned reduction of 20 percent of its employee...
Read Full Article →Jaguar Land Rover rakes in £2.5bn profit despite stalled sales
Jaguar Land Rover reported a substantial increase in annual earnings to £2.5 billion, marking a decade-high profit even as its vehicle sales experienced little growth over the same...
Read Full Article →JYSK: Losses continue as stores close and jobs shed
JYSK's UK division reported a £3.2 million pre-tax deficit for the year ending August 2024, reflecting ongoing financial challenges amid store closures and workforce reductions.
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