Posts Tagged ‘Trident Estates Limited’

- Summer trading on the Borza

Thursday, October 5th, 2017

Last Friday marked the end of the third quarter of this year. The summer months are normally characterised by weaker trading volumes and generally subdued investor sentiment. At the end of each quarter, it is interesting to gauge the level of activity across the local financial markets, monitor the performance across the individual components of […]

Simonds Farsons Cisk plc - Interim Results

Thursday, September 28th, 2017

On 27 September 2017, Simonds Farsons Cisk plc published its condensed interim financial statements for the six-month period ended 31 July 2017. Performance Overview During the first six months of FY2017/18, the Group generated €49.2 million in revenues, representing a 7.5% increase over the previous comparable figure reflecting growth across all of Farsons’ business segments […]

- The rationale for spin-offs

Thursday, September 14th, 2017

A spin-off is a corporate action whereby a parent company hives off a subsidiary into a separate business via the payment of a dividend in kind to all shareholders of the parent company who receive an equivalent shareholding in the subsidiary. The company that is spun-off generally obtains a stock exchange listing allowing all shareholders […]

- Farsons to propose spin-off of Trident Estates

Thursday, June 15th, 2017

Last week, shareholders of Simonds Farsons Cisk plc received the 2017 Annual Report and all other documentation ahead of the Annual General Meeting taking place on 27 June. Apart from the customary resolutions including the approval of the financial statements as well as the final dividend, during the forthcoming AGM another resolution relates to the […]

Simonds Farsons Cisk plc - Full-Year Results

Friday, May 5th, 2017

On 4 May, Simonds Farsons Cisk plc (“Farsons” or the “Group”) published its preliminary results for the financial year ended 31 January 2017. Performance Overview During the period under review, Simonds Farsons Cisk plc registered a 2.4% increase in turnover to a record of €88.1 million (FY2015/16: €86 million) on the back of the continued […]