Global Invacom swings to annual profit as higher margins offset pandemic hit to revenue

Satellite communications equipment provider Global Invacom swung to an annual profit as higher margins offset a pandemic-led fall in revenue.

For the year ended...

Mon, 01/03/2021 - 08:05


Energean launches $2.5 billion senior debt offering to pay down debt

Gas exploration and development company Energean said its subsidiary, Energean Israel Finance, launched a US$2.5 billion aggregate principal amount offering of four tranches of senior...

Mon, 01/03/2021 - 07:59


Aggreko swings to loss, but proposes final dividend on improving market conditions

Power company Aggreko proposed a final dividend of 10 pence per share for 2020, despite swinging to an annual loss as the company said it...

Mon, 01/03/2021 - 07:54


Reach annual profit plunges; reinstates dividing citing growth prospects

Newspaper publisher Reach reported a steep fall in annual profit as print sales continued to slump amid the pandemic, though it reinstated its dividend citing...

Mon, 01/03/2021 - 07:54


Restaurant Group secures £500m of long-term debt

Wagamama owner Restaurant Group said it had £500 million of long-term debt that came with no leverage tests on their covenants until June 2022.

The...

Mon, 01/03/2021 - 07:45


Solid State acquires image capture group Active Silicon

Computing and power products manufacturer Solid State said it had acquired digital image capture solutions group Active Silicon.

The initial acquisition sum was £6.3 million,...

Mon, 01/03/2021 - 07:38


HICL to investment in South East London police stations PPP project for £27m

Infrastructure asset investor HICL said it had agreed to sell its interests in the South East London police stations public-private public private partnership project for...

Mon, 01/03/2021 - 07:37


BT's Jan du Plessis to step as chairman

Telecoms giant BT said that Jan du Plessis would be stepping down as chairman of the company in 2021 once a successor has been appointed....

Mon, 01/03/2021 - 07:33


Tracsis acquires Flash Forward Consulting for £2.5m

Transport analytics group Tracsis said it had acquired transport consultancy business Flash Forward Consulting for £2.5 million.

The acquisition cost included £1.5 million plus a...

Mon, 01/03/2021 - 07:32


Electrocomponents acquires Liscombe for £11m

industrial and electronics products maker Electrocomponents said it had acquired Liscombe, a supplier of high-risk hand protection and PPE products to industrial blue-chip customers in...

Mon, 01/03/2021 - 07:24


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