Profits defy recession

Chris Dillow

Chris Dillow
Profits defy recession

UK companies have in general coped well in the recession, according to official figures. The Office for National Statistics estimated this week that non-oil, non-financial companies had a net return on capital of 11.4 per cent in the third quarter. This is below 2007's 13.9 per cent peak, but it compares well with 9.6 per cent in the trough of the recession, and is a higher rate than companies had during the mild slowdown of 2001-02*.

To continue reading, register today

to enjoy limited access to the following:

  • Daily trading news
  • Funds coverage
  • Features on big investment themes
  • Comprehensive companies coverage
  • Economic analysis
Subscribe to Investors Chronicle

Related topics

Subscribe today

Full access for just £3.37 a week:

• Tips and recommendations - to beat the market 
• Portfolio clinic & Mr Bearbull - build a well-planned portfolio 
• Expert tools - track and manage investments effortlessly
• Plus free delivery to your home or office

Subscribe Now