2:00 PM Frankfurt Aviva said loss for the year swung to £3.05 billion. adidas net for the year declined 14% to 526 million and loss in the fourth quarter was 272 million. Aggreko profit for the year jumped 6% to £276 million. Balfour Beatty profit tumbled 70% to £44 million and received rail contract worth £130 million.
In London trading, FTSE 100 index edged up 0.2% or 12 to 6,440 and in Frankfurt, the DAX index rose 0.2% or 18.6 to 7,938. In Paris, CAC 40 index added 0.4% or 15.8 to 3,790.
plunged 11.9% to 316.90 pence after the UK based insurance company said total revenue for the year ending in December surged 43.2% to £43.10 million from £30.72 million a year ago. Loss for the year was £3.05 billion compared to profit of £60 million from a year ago. Diluted earnings per share swung to loss of 15.2 pence from profit of 10.9 pence a year ago.
The insurance company said operating profit in UK dropped to £887 million from £917 million a year ago and Aviva France lifes operating profit increased to £335 million from £323 million.
In India, after distribution agreement with Indusind Bank, online customers now account for 14% of new customers.
The company also reduced its full year dividend by 27%.
jumped 5.7% to 75.80 after the Germany based sports footwear and apparel maker reported net sales for the fourth quarter ending December grew 4% to 3.37 billion from 3.24 billion a year ago. Net loss for the year swung to 272 million compared to net income of 3 million. Loss of diluted earnings per share swung to 1.30 from income of 0.02 a year ago period.
For the year, the company said net sale for the year ending December jumped 12% to 14.88 billion from 13.32 billion a year ago. Net income for the year declined 14% to 526 million compared to 613 million a year ago. Diluted earnings per share dropped 37.5% 2.52 from 2.93 a year ago period.
The company said wholesales sales for the year advanced 6.5% to 9.53 billion and retail sales surged 20.8% to 3.37 billion from a year ago.
Adidas expects group sales for fiscal 2013 to increase at a mid-single-digit rate and operating margin to improve 9% and Earnings per share to be in the range of 4.25 to 4.40.
surged 14.4% to 2,012 pence after the UK based power and temperature control solution provider stated total revenue for the year ending in December climbed 13% to £1.58 billion from £1.40 billion a year ago. Profit for the year jumped 6% to £276 million compared to £260.1 million from a year ago. Diluted earnings per share rose 6.5% 103.86 pence from profit of 97.49 pence a year ago period.
Aggreko added local business revenues in the year climbed 23% and trading profit surged 41%. Emerging markets growth for the year jumped 30%.
Strong growth was registered in gas-powered generation and the company received 1,029 MW of new work in the year and 100 MW cross-border project in Mozambique.
Balfour Beatty plc
dropped 4.5% to 274.10 pence after the UK based infrastructure service provider reported revenue for the year ending in December fell 1% to £10.90 million from £11.03 million a year ago. Profit for the year tumbled 70% to £44 million compared to £186 million from a year ago. Diluted earnings per share slumped of 6.5 pence from 27.3 pence a year earlier.
The company said order book rose 1% to £15.3 billion.
In separate press note, today the company received rail contract worth £130 million to build two miles of cross-rail route and for new rail station in South East London.