TRADING UPDATES: Supreme annual revenue jumps; Pelatro in Asia deal
Tue, 4th May 2021 19:13
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News:
Supreme PLC - maker of fast-moving consumer goods - Expects 30% revenue hike in year ended March 31 to GBP121 million from GBP92.3 million, in line with management expectations. Adjusted earnings before interest, tax, depreciation and amortisation tipped to rise 20% to GBP19 million from GBP16.2 million. I am delighted to provide our first trading update since our AIM admission in February 2021. We continue to build on our strong track record of growth, with our strategy to focus on high growth categories such as vaping and sports nutrition really coming to fruition, Chief Executive Officer Sandy Chadha comments.
Tue, 4th May 2021 19:13
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News:
Supreme PLC - maker of fast-moving consumer goods - Expects 30% revenue hike in year ended March 31 to GBP121 million from GBP92.3 million, in line with management expectations. Adjusted earnings before interest, tax, depreciation and amortisation tipped to rise 20% to GBP19 million from GBP16.2 million. I am delighted to provide our first trading update since our AIM admission in February 2021. We continue to build on our strong track record of growth, with our strategy to focus on high growth categories such as vaping and sports nutrition really coming to fruition, Chief Executive Officer Sandy Chadha comments.
Round Hill Music Royalty Fund makes first acquisition as it explores further fundraising
Round Hill Fund One
The acquisition includes the rights to a number of songs by the Backstreet Boys. Photo: Starbright31/Flickr CC BY-NC-ND 2.0
The Round Hill Music Royalty Fund (RHM) has made its first acquisition since flotation, buying the Round Hill Fund One for $281.9m meaning 86% of the capital it has raised has now been invested.
RHM said it had purchased the fund in full, excluding its shareholding in RH Carlin Holdings, a separate portfolio of musical copyrights that it expects to account for its second acquisition no later than.