Bmi Group reported a £2.1 million ($2.8 million) pre-tax profit for the financial year ended Dec. 31, reversing two years of red ink at the pre-tax level comprising losses of £9.8 million in 2003 and £19.6 million in 2002.
EBIT remained negative, however, with an operating loss before interest of around £4 million, according to preliminary figures. This compares to operating losses of £12.5 million in 2003, £21.7 million in 2002 and £29 million in 2001.
Bmi Group reported a £2.1 million ($2.8 million) pre-tax profit for the financial year ended Dec. 31, reversing two years of red ink at the pre-tax level comprising losses of £9.8 million in 2003 and £19.6 million in 2002. EBIT remained negative, however, with an operating loss before interest of around £4 million, according to preliminary figures. This compares to operating losses of £12.5 million in 2003, £21.7 million in 2002 and £29 million in ...
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