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Bmi's full-year profit falls but LHR slots enhance value

Bmi Group reported pre-tax profit of £15.5 million ($30.6 million) for 2007, a 47.8% decline from the £29.7 million earned in the prior year, as revenue increased 12.9% to £1.02 billion including £112.9 million attributable to the operations of BMED that were integrated fully in November. Excluding the BMED operation (ATWOnline, Feb. 14), revenues inched up 0.5%. Pre-tax profit on continuing operations and before exceptional items was £9.3 million compared to ...

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