Pilkington FY to March 2005 pretax rises to 183 mln stg under IFRS vs 165 mln

Pilkington PLC said pretax profit for the year to March 31 2005 rises to 183 mln stg under International Financial Reporting Standards (IFRS) compared with the 165 mln stg reported originally under UK GAAP.

Turnover under IFRS is 2.43 bln stg compared with 2.7 bln and earnings per share grew to 9.2 pence from 7.8 pence.

The company said the decline in revenue comes after the removal of Pilkington's share of joint ventures' and associates' revenue, partly offset by re-classifying revenues previously offset against expenditure of 33 mln stg.

600450 Pilkington FY to March 2005 pretax rises to 183 mln stg under IFRS vs 165 mln glassonweb.com

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