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TRADING UPDATES: Sareum raises GBP1 million; Marlowe buys Core Stream
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Investegate |Myanmar Strategic Announcements | Myanmar Strategic: Update on Application for Admission of Shares
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LONDON BRIEFING: Vodafone shares slide 6% after annual revenue decline
Tue, 18th May 2021 08:21
(Alliance News) - Telecommunications firm Vodafone posted a resilient performance for its recently ended financial year, despite a decline in revenue.
Vodafone shares down 6.2% early Tuesday while the broader FTSE 100 index was higher.
Revenue for the financial year to March 31 was EUR43.81 billion, down 2.6% from EUR44.97 billion the year before but beating market expectations of EUR43.64 billion. Vodafone cited the impact of the Covid-19 pandemic on roaming charges, amid foreign travel restrictions, for the decline in revenue. This was offset somewhat by the acquisition of assets from Liberty Global.
Myanmar Strategic Holdings Ltd. Myanmar Strategic Holdings Ltd. (LSE: SHWE) is an independent developer and manager of consumer businesses in Myanmar and Vietnam, two of the fastest growing economies in the world. The Company s portfolio currently focuses on Education, Services and Hospitality with the view to expand within the broader consumer sector. Education sector: the Company currently has exclusive development and franchising agreements with Wall Street English for ten English language centres across Myanmar over the course of the ten-year agreement. Two centres were opened in 2017, a third in August 2018, and a fourth in February 2020. As of September 2020, Wall Street English Myanmar served ca. 2,000 students.
EXECUTIVE CHANGES: U&I, Pressure Technologies appoint new CFOs
Tue, 11th May 2021 15:34
(Alliance News) - The following is a round-up of London-listed company director and manager changes announced on Tuesday and not separately reported by Alliance News:
U&I Group PLC - London-based property regeneration developer and investor - Appoints James Christmas as chief financial officer with effect on June 19, after joining the group s board as executive director on Monday next week. He will be replacing current Chief Financial & Operating Officer Marcus Shepherd. Christmas s most recent executive role was as CFO at real estate and private equity investment firm RCL Partners.
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