Summary
P&O surprised the market yesterday with smaller pre-tax losses than had been expected - giving its shares considerable extra buoyancy.
The ports, shipping and logistics group also revealed proposals to sell its Spanish sport and leisure resort, La Manga Club.See the full content of this document
Extract
Market Shocked by P&O Losses
The 1,220 acre resort on the Costa Calida has hosted five Spanish Open golf championships, and the Davis Cup.
Its half-year losses came aft...See the full content of this document
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