TheMarketingblog

Fresh News from BG Group, Antofagasta, JD Sports Fashion, Colt and UBM

  • BG Group, the oil and gas company, has reported a pre-tax profit of $3.67bn in its first-half, down from $4.01bn a year earlier.
  • Antofagasta, the FTSE 100 mining group, has announced it will buy a 50pc interest in the Zaldivar copper mine in northern Chile for $1bn.

JD Sports Fashion, the clothing retailer, said full-year profit would be 10pc ahead of market forecasts after underlying sales growth continued to exceed its expectations.

Colt, the telecoms company, reported a loss of €13m in its first-half, which it blamed on the acquisition of Colt Asia last December and foreign currency movements.

UBM, the media company, grew adjusted operating profit by 13pc to £98.8m in its first-half.