REFS is
a mine of invaluable information for the private investor.
Selecting shares without its help is like trying to
clap with one hand tied behind your back.
FRS3
pretax
FRS3 pretax
profit is taken directly from the results as reported by the
company under Financial Reporting Standard 3 (FRS3). FRS3 results
reflect all items of profit or loss, including those which might
be regarded as non-trading or exceptional in nature, and which
might be considered to distort any view of underlying or maintainable
performance.
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