26 May 2021 | 09:42am
StockMarketWire.com - Bus operator Go-Ahead Group said David Brown would be retiring as chief executive at the end of this year after more than 10 years leading the business.
The company has a process to appoint a successor underway and a further announcement will be made in due course.
At 9:42am: [LON:GOG] GoAhead Group PLC share price was 0p at 836p
Story provided by StockMarketWire.com
Find out how to deal online from £1.50 in a SIPP, ISA or Dealing account.
Latest share price and company details:
24 May 2021 | 08:05am
StockMarketWire.com - Oil and gas company Energean boosted its production guidance despite a delay to expectations of first gas from its Karish operations following fresh Covid-19 restrictions in Singapore.
Guidance was increased to between 38 and 42 kboepd from 36 to 41 kboepd.
For the 3-months to 31 March 2021, production in the four-months to 30 April 2021 was 44.2 kboepd, about 15% ahead of the midpoint of full-year guidance.
First production from Karish was now expected in mid-2022 following the re-introduction of enhanced COVID-19-related restrictions in Singapore, the company said. Although unfortunate, the revised timetable should not have a material impact on the 15+ year secured revenue stream of our Israeli gas business, it added.
Synopsis
According to Praful Vithalani, chairman, All India Sugar Traders Association (AISTA), there will not be any major impact on the ongoing sugar exports as agreements for 57 lakh tonnes of sugar exports have been executed till May 19 nor there will not be any impact on domestic prices as these are controlled by the monthly release mechanism.
Agencies
According to trade estimates, the government will be able to save an outgo of Rs 60 crore of the sugar export subsidy.
The central government today slashed the amount of subsidy given for sugar export by one third from Rs 6000/tonne to Rs 4000/tonne. As the industry has completed export of 95% of the sugar export quota of 60 lakh tonnes, the decision will not have any major adverse impact on the country s sugar exports. The industry is confident about continuing exports under the open general license (OGL) category thanks to better realisation from exports.
17 May 2021 | 07:19am
StockMarketWire.com - Russia-focused gold miner Petropavlovsk swung to a full-year loss after rising revenue was offset by asset writedowns and finance costs.
Net losses for the year through December amounted to $48.9 million compared to a year-on-year profit of $25.7 million.
The losses included a $74.9 million impairment driven by an adjustment in the valuation of the Albyn and Elginskoye projects.
The also included a $42.8 million loss on the fair value re-measurement of a conversion option of convertible bonds.
Revenue rose 33% to $988.5 million, boosted by a 6% rise in output and 30% rise the company s average realised gold price to $1,748 an ounce.