In addition to a permanent penny stock bar, Napodano agreed to pay full disgorgement of his insider trading profits
The group saw underlying trading profits
drop to PS35.
The US, which represents the bulk of Wolseley's earnings, saw trading profits
rise - but suffered a tough period for industrial markets in the fourth quarter, which the group said was expected to continue.
The Leamington-based group, which achieves 14 per cent of its sales from UK businesses such as Plumb Center, Pipe Center and Drain Center, said trading profits
The Leamington Spa-based group, which achieves 14% of its sales from UK businesses such as Plumb Center, Pipe Center and Drain Center, said trading profits
The bank said that its net profit increased by 39 per cent last year because of a surge in trading profits
and gains from financial assets.
6% Doubling trading profits
in three years by improvements of 7% in three areas
and margins have boomed as the Co-operative Retail Trading Group leverages its bigger buying clout to forge stronger deals, according to the latest annual reports of many societies in The Coop Group's buying group.
PREMIER Foods reported marginal trading profits
yesterday, despite a fall in revenues for the year to December 31.
Smith said trading profits
increased by 9 per cent to $278 million in the final quarter of 2010 on flat revenues of $1.
The group - an increasing force in UK banking after snapping up a raft of players including Abbey and Alliance & Leicester - saw pre-tax trading profits
rise 20 per cent to pounds 619million in the three months to September 30 as better margins boosted performance.
5% to pounds 370m and trading profits
for the division increased 75% to pounds 42m.