Posts Tagged ‘Trident Estates Limited’
Simonds Farsons Cisk plc - Trident Park Development
Thursday, December 7th, 2017On 7 December 2017, Simonds Farsons Cisk plc announced that the Planning Authority Board has unanimously approved a permit for the creation of a business park along Mdina Road, Mriehel consisting of International Grade A offices with landscaped courtyards and a naturally ventilated multi-level car park for approximately 700 cars which will be known as […]
- Monitoring bond issuer developments (3)
Thursday, December 7th, 2017In the third article reviewing the financial metrics across the corporate bond market, the two companies operating in the food and beverage sector rank among the strongest bond issuers on the Malta Stock Exchange. In August 2017, Simonds Farsons Cisk plc launched a €20 million bond (the fourth bond issue in its long-standing history) mainly […]
Simonds Farsons Cisk plc - Interim Results
Thursday, September 28th, 2017On 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, 2017A 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 […]
Simonds Farsons Cisk plc - Farsons to propose spin-off of Trident Estates
Thursday, June 15th, 2017Last 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, 2017On 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 […]
