May 23, 2005 11:55
19 yrs ago
1 viewer *
English term

loss from continuing operations (urgent)

English Bus/Financial Accounting US to UK English
A revision of a press release from US to UK English. To me this doesn't sound right to UK ears in the original. Any suggestions for rephrasing?

XXX reported revenues of $2.6 billion in the 2004-2005 financial year, an increase of 11.4% over the previous year. This growth, coupled with the benefits from restructuring activities and productivity improvements during the industry downturn mentioned above, brought the company from a *loss from continuing operations* of $(42.0) million or $(0.28) per share the previous year to a profit of $11.7 million or $0.08 per share this year.

Responses

+2
33 mins
Selected

loss from continuing operations

turned a loss... the previous year into a profit of...

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Note added at 35 mins (2005-05-23 12:30:42 GMT)
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or \"allowed the company to turn...
Peer comment(s):

agree Can Altinbay
4 hrs
agree Refugio
12 hrs
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4 KudoZ points awarded for this answer. Comment: "Graded automatically based on peer agreement."
+1
1 hr

earned a profit of ...

Xxxx reported revenues of $2.6 billion in the 2004-2005 financial year, an increase of 11.4% over the previous year. This growth, coupled with the benefits from restructuring activities and productivity improvements during the industry downturn mentioned above, earned the company a profit of $ 11.7 million (or $0.08 per share) from its continuing operations during the year. In contrast to this, last year the company had incurred a loss of $11.7 million (or $0.28 per share) from its continuing operations.
Peer comment(s):

agree Mihaela Brooks : one comment: UK usage is "the previous accounting year"...
15 mins
Thanks Mihaela.
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