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Aviva FY profit height two pct, plans 500 mln stg buyback

collected by :Victor Alphen

Insurer Aviva posted a two % height in 2017 operating profit to 3.1 bn pounds ($4.31 billion) on Thursday, boosted with powerful performance in its Britain division, & told it would give 500 mn pounds back to shareholders.
Operating profit was prediction at three bn pounds, according to a company-supplied consensus forecast.
Aviva, that offers puplic & life insurance, too told in a statement it planned to spend 600 mn pounds on “bolt-on” acquisitions.
Aviva told it would pay a total dividend of 27.4 pence, up 18 % & above a prediction 26.4 pence.
($1 = 0.8054 euros)($1 = 0.7200 pounds)

British pizza chain Domino’s full-year profit rises 10.2 pct

Domino’s Pizza Group Plc, Britain’s biggest pizza-delivery firm, on Thursday announced a 10.2 % height in full-year pretax profit on Dominance in domestic & other Eu markets.
Underlying pretax profit rose to 94.4 mn pounds ($131.1 million) in the 52 weeks ended Dec. 24, from 85.7 mn pounds a year earlier, the Corporation said.
Domino’s Pizza, which has generality of its 1,192 stores in the UK, & too operates in Ireland, Switzerland & Germany, told discounts at Britain stores which were unlock for further than a year rose 4.8 % over the period.
($1 = 0.7198 pounds)

 

Aviva
Aviva

 

UPDATE 1-BMW R&D spending rises 18 pct on higher annual profit

as declared in Full-year earnings before interest & tax (EBIT) rose to 9.88 bn euros ($12.23 billion), BMW told on Thursday, helping the operating margin in its automotive division to remember at 8.9 percent, compared with a year earlier.
BMW launched earnings ahead of its scheduled annual results press conference on March 21.
Research & development expenditure rose with 18.3 % final year to 6.1 bn euros, as the German carmaker invests in electric & autonomous car technologies.
The BMW brand announced motorcar discounts of 2.09 mn cars final year however elect Mercedes-Benz saw higher discounts of 2.29 mn passenger cars.
Overall automotive sales, involving the Mini & Rolls-Royce brands, rose 4.1 % to 2.46 mn vehicles, BMW said.

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