FTSE 250 Results Round-up – 27/02
Barratt Developments, the residential property development company, released results for the six months to December (results) with profits increased by 113.4 per cent to £46.1m. Chief executive Mark Clare said that:
Although we remain cautious as to whether the thaw in lending conditions will be sustained, improvements in mortgage lending and the success of the NewBuy scheme have supported a strong start to the 2013 calendar year.
Bodycote, the supplier of heat treatments, metal joining, hot isostatic pressing and coatings services, has published full year results for the year ended December (results). The firm saw pre-tax profits rise by 18.5 per cent to £89.8m. Chief executive Stephen Harris said that:
Growth in our global Aerospace and Energy business outweighed the decline in Automotive and General Industrial markets in Europe.
Carillion, the facilities management & construction services company, announces full year results for the year ended December (results). Profits before tax increased by 26 per cent to £179.5m. In 2012 Carillion won contracts with the UK's Highways Agency worth around £250m and with Gatwick Airport for £45m.
Interserve, the support services and construction company, has published results for the year ended December (results). They saw pre-tax profits rise from £72.8m to £78.4m.
Restaurant Group, the chain of restaurants and public houses, has posted full year results for the year ended December (results). Chairman Alan Jackson said that:
During 2012 we experienced a continuation of the input cost pressures from the previous year and household incomes also remained pressured.