Falkland Island Holdings

the pre-tax profit will depend on squid
The contribution from the Fishing Agency has been low for some time; cruise and oil activities are now more important. The latter will become even more so if/when drilling commences.

Portsmouth should do well again this year.
Only 16 weeks of PHFC was included in last year's figures, With the Trafalgar celebrations, this year should be exceptional.

And further acquisition(s) seem(s) probable

In these circumstances profits of the order suggested by ccorton don't seem unduly optimistic, though comparison with 2005 may be difficult if new accounting rules (particularly relating to goodwill) are introduced.

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