ABP Shares Rise in Bear Market
Associated British Ports continued its remarkable transformation into stock market favourite with an upbeat pre-Christmas trading update predicting underlying pre-tax profit for the year just ended would be slightly ahead of market expectations when the groups preliminary results are announced on 19 February. Analysts forecast underlying taxable profits in the range of £ 134m, up from £ 130m in 2001.
Associated British Ports continued its remarkable transformation into stock market favourite with an upbeat pre-Christmas trading update predicting underlying pre-tax profit for the year just ended would be slightly ahead of market expectations when the groups preliminary results are announced on 19 February. Analysts forecast underlying taxable profits in the range of £ 134m, up from £ 130m in 2001.
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