City Diary
Published Date:
15 May 2008
THE following business news is expected tomorrow
British Airways is due to post its full-year results, which are expected also to include a second profits warning about the current year.
The company has been hit hard by the rising cost of oil, with fuel surcharges now 30-35 per cent higher than at the end of last year. It is also expected to give more detail about losses incurred by its move to Heathrow's Terminal 5.
Bookmaker Ladbrokes is lined up for an interim management statement, while Argos owner Home Retail Group is expected to provide the market with an update ahead of its AGM.
The full article contains 110 words and appears in Edinburgh Evening News newspaper.
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Last Updated:
15 May 2008 9:38 AM
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Source:
Edinburgh Evening News
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Location:
Edinburgh