Revenue is up for Berendsen PLC

Below is the copy and paste of the recent news article from the UK finance posted on the 19th November 2015. As it shows its another good year for Berendsen PLC with a good results that shows on their 2014 annual report. Despite the economic backdrop in Europe Berendsen PLC has found ways to grow and improve its revenue and profitability. Just like what the UK finance stated the group underlying revenue was up by 3% and underlying operating profit by 6%.


Here is the link to the webpage:
https://uk.finance.yahoo.com/news/berendsen-underlying-revenue-warns-forex-093900733.html

RELATED QUOTES

Symbol	Price	Change
DI6.BE	5.742	-0.828
BRSN.L	1,050.00	-3.00

LONDON (ShareCast) - (ShareCast News) - Berendsen (LSE: BRSN.L - news) has seen a boost in underlying revenue and operating profit growth since its half year results, but has warned about the ongoing effect of exchange rates. The FTSE 250 textile services company issued a trading update on Thursday for July to October.

Group underlying revenue was up 3% compared to the same period in 2014, and underlying group operating profit was "well ahead".

While revenue growth was at 2.4% for the year to date at constant exchange rates, foreign exchange did take its toll, with reported revenue down 4%.

"Our reported results continue to be adversely impacted by currency translation and we see little sign of this diminishing," it warned.

"However, as previously guided, the board expects the group to achieve a further year of good underlying progress." The company said trading during the period was in line with management's expectations with good progress in its workwear division, particularly in Germany with growth in revenue and market share.

The sale of one of the company's UK Workwear sites also offset the £2.1m closure costs of the Croydon plant announced earlier this year.

Shares (Berlin: DI6.BE - news) in Berendsen were up 19p (1.85%) at 0916 GMT to 1,048p.

Get more news and analysis from Digital Look

My Company Berendsen PLC

Berenden PLC is a European company which is previously known as The Davis Service Group PLC. With more than 100 years of experience under its belt, Berendsen is experience in textile and service industry. There services includes investment in stock of textile goods, management of the stock, pick-up of soiled items, and delivery of professionally cleaned repaired and quality -checked textiles.

Berendsen employs 15,000 employees in 16 countries throughout Europe. There headquarters can be found in London, while there two business line offices can be found in Basingstoke and Copenhagen. With about 150,000 of customers across 16 countries an example of their services are they rent, launder, maintain and deliver workwear and linen and they also provide commercial washroom products and services.

Week One done and dusted

Welcome to week 2. Week one has been a new learning experience for me. First I try and familiarise myself in blogging and secondly using peerwise. Both blogging and using peerwise is a for me. First time ever in my history of studying at CQU that i'm on on the same track as everyone else. Normally I either do all my assessment a week before it's due. Now i'm allowing myself and giving my assessment enough study time, I'm not trying to aim for the HD but i'm just aiming and trying to better and set myself and change my mannerism in tackling assessment because obviously in the real work environment I can't procrastinate.

On the lighter side week one done and dusted, read the study guide chapter one, posted my questions and answered the required amount of questions for the week, and of course Assignment 1 Step:1 is done. Have a good week 2 everyone and I just do hope I don't fall in the crack and find myself cramping everything again in the last minute.

A little motivational photo for all the girls :).

Welcome

Welcome to my Blog

My name is Stephanie Catalan and I am a full-time mother to my adorable terror two year old son. Currently unemployed and just focusing on finishing my study. I am currently taking a Bachelor of Business with a double major in Management and Logistics. 

I am not a blogger, this is the first time and all new experience for me. Accounting, every time I hear or say that word I admit I get a little scared. I've never been good with numbers. Math is not my strength, at my previous job as a supervisor at the cinema balancing the petty cash is an achievement and a fist pump in the air hahaha... 

On this particular blog page we will be focusing on using Accounting with regards to decision making. I hope to enjoy this journey with you all and lets have fun with accounting.