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Flowtech Fluidpower Plc says trading and cash position has been resilient
“We now look forward to a return to profitable trading as conditions improve.”
Plc () chairman Malcolm Diamond has described the group’s trading and cash performance as resilient.
Diamond, in a statement ahead of today’s AGM, noted…
Mondi PLC CEO Peter Oswald to step down
The FTSE 100 firm's finance boss, Andrew King, will take over as interim CEO until a successor is appointed
The chief executive of packaging group (), Peter Oswald, has said he will be stepping down from the firm at the end of March.…
Norman Broadbent PLC enjoys positive underlying earnings in March and April
The coronavirus pandemic has led to some reduction in revenues but so far these have been offset by cost-cutting measures.
(), which in January announced it had returned to profit in 2019, said it has continued to see a healthy…
Biffa PLC reports Protos energy from waste delay, but financials in line
The Resources & Energy business saw growth, underpinned by strong recycling business, where increasing demand for recycled plastics has mitigated softness in paper markets
() said the Protos energy from waste (EfW) project has been…
Biffa PLC cut to ‘sell’ as Citi warns of merger pause and possible equity
The bank also warned that the company’s profits from its Landfill Gas business “could disappear in 2027” following the expiration of subsidies
() has been downgraded to ‘sell’ from ‘neutral’ by analysts at Citi, who warned that with…
Mondi PLC quarterly profits drop 18% as bags and paper prices soften
Like-for-like sales volumes were lower in industrial bags and uncoated fine paper, which was partly offset by growth in corrugated packaging
Paper and packaging maker () said that demand and prices were softer in the third quarter and…
Mondi PLC promotes chief financial officer to top job
() has appointed Andrew King as chief executive a month after Peter Oswald announced his departure.
King was initially nominated as an interim successor to take over at the end of March, when Oswald is set to leave.
READ: Mondi CEO…
Mondi PLC expects to report double-digit improvement in its 2018 earnings
The FTSE 100-listed packaging firm said it expects its underlying earnings (EBITDA) for 2018 to be "above that" generated in 2017, which had been €1.48bn
() has said it expects to report a double-digit improvement in its earnings…
Norman Broadbent CEO buys more shares as firm reports profitable trading in
's () Mike Brennan tells Proactive London's Andrew Scott they've continued to see a healthy increase in net fee income during the current year after earlier reporting that they returned to profit in 2019.
The recruitment and…
Mondi PLC poaches new CFO from Ferguson PLC
() has poached Mike Powell from fellow FTSE 100 company () to be its new chief financial officer.
With his leaving date yet to be confirmed, Powell, who started at the plumbing products group in 2017, will remain in place for now.…