That missed the average profit estimate of 53 cents a share, according to seven analysts surveyed by Bloomberg. Sales fell 3.3 percent to billion. Stock Investment Last year’s earnings included an investment gain of cents a share.
pence as the company reported an annual loss after a stalled property transaction and said it may separate land into a real estate Stock Investment trust.
Full year profit will be eroded by a 55 million-pound charge against Treasury investments, the bank said. Operating profit Stock Investment, which excludes pretax fair-value accounting gains or losses, would have beaten the 598 million-pound average analyst estimate without the charge Stock Investment, the company said.
Tags: Bank, europe, pence, Real Estate, Stock Investment, treasury