Ian Pollard – Aviva #AV CEO Departs – Search For Successor Starts Today
Aviva plc AV announces that Mark Wilson the CEO is stepping down as from today. The Aviva board seems to believe that there is no point in keeping him because he was appointed to do a job and he has done it. The job was fairly important in that it was mainly to save the […]
Centamin Production At Record Levels
Centamin CEY With all sections of its Sukari mine producing, gold production for the quarter ending on the 30th September rose to record levels with a 26% increase over the second quarter and a 5% increase over the third quarter of 2016. Production guidance of 540,000 ounces for 2017 is maintained. YouGov plc YOU has […]
Corporate news review Friday 4th August 2017
Ascent Resources AST updates on progress with its Petišovci project in Slovenia, and says the installation of the necessary infrastructure to accommodate export production has now been completed. As a result, recertification on the Croatian side of the border is moving towards a positive conclusion. Merlin Entertainments MERL reports a 0.7% increase in H1 PBT […]
BT Caught Out in Major Fraud.
BT Group BT.A has reluctantly apologised for cheating on its Openreach customers over a number of years. After a whopping £42m fine which has now been imposed by Ofcom, it did not have much choice but it still has the audacity to try and get away with calling them “mistakes”. Ofcom takes a slighty different […]
Filtronic Returns to Profitability
Filtronic FTC traded strongly in the first half and returned to profitability as revenue leapt from £4.5m to £21.6m and turning last years half time loss of £4.1m into a profit of £1.8m. Increased sales of its main antenna product, and strengthening of its Wireless sales team were responsible for the turnaround. The Chairman went […]
Sliding Sterling Brings Big Dividend Increases
YouGov plc YOU is increasing its final dividend for the year to 31st July, by 40% after strong growth in both revenue and profits. Adjusted profit before tax surged by 46%, after a 16% rise in revenue and 26% in adjusted earnings per share. As to the future the company says that it is ready […]