News Column

Profits boost for FTSE 350s

February 19, 2014

MICHAEL BIRD



THE UK'S biggest listed companies saw a boost to profits last year, as economic growth began to pick up, according to figures released today.


The Share Centre's latest figures indicate that FTSE 350 companies reporting results during the fourth quarter of 2013, for the year to September, recorded profits after tax rise at the fastest rate in over two years, up 52.1 per cent to 4.8bn.


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Source: City A.M. (UK)


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