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Merchants Trust Plc FY Pretax Profit Declines On Revenue Basis – Quick Facts
Merchants Trust Plc (MRCH.L) reported a loss on ordinary activities before tax of 68.25 million pounds for the year ended 31 January 2021 compared to profit of 96.38 million pounds, prior year. Loss per share was was 57.87 pence compared to profit of 87.57 pence. On a revenue basis, profit on ordinary activities before tax declined to 21.92 million pounds from 32.67 million pounds, while earnings per ordinary share was 18.51 pence compared to 29.67 pence.
For the fiscal year, income was 24.91 million pounds compared to 36.24 million pounds, previous year.
The Group proposed a final quarterly dividend for shareholder approval of 6.8 pence which means for 2020 an increased full-year dividend of 27.2 pence.
Norwegian Air to raise more money than planned, CEO says
OSLO, April 14 (Reuters) – Norwegian Air now aims to raise up to 6 billion crowns ($711 million) in fresh capital before emerging from bankruptcy protection next month, more than the 4.5 billion originally planned, the company said on Wednesday.
“We want to take a conservative approach at a time when the pandemic and travel restrictions continue to create unpredictability in the travel sector,” Chief Executive Jacob Schram said in a statement.
Coinbase’s Public Listing Is a Cryptocurrency Coming-Out Party
With acceptance from traditional investors, a profitable start-up that eases transactions is offering proof of the industry’s staying power.
By Erin Griffith
It’s Not Just You: Many Are Placing Bets on Summer Travel
Airfare, typically purchased well in advance, can be a barometer of how the public is feeling about the pace of recovery, and summer fares are surging.
By Quoctrung Bui and Sarah Kliff
Judge says term 'coloured' is outdated but acceptable to people of a certain age
Maruti Suzuki sells record 1.57 lakh CNG vehicles in FY20-21
This is the country’s largest car maker’s highest-ever S-CNG car sales.
Country’s largest car maker Maruti Suzuki on April 14 said it sold over 1.57 lakh factory-fitted S-CNG vehicles in the last financial year, its highest-ever S-CNG car sales.
The company offers factory-fitted CNG options for its cars, including Alto, Celerio, Wagon-R, S-PRESSO, Eeco, Ertiga, Tour S and Super Carry.
“We see CNG as a technology that has set a new benchmark in green fuel mobility…CNG is becoming one of the most preferred alternative fuels due to its economic cost of running (as compared with the high prices of petrol and diesel) and improved CNG filling infrastructure,” Shashank Srivastava, Executive Director (Marketing and Sales), Maruti Suzuki India Limited, said.
Andrew Haber Dies: International Sales Veteran Was 55
Andrew Haber, a 25-year industry veteran of the international sales business, has died aged 55, according to his family.
Haber worked his entire career at Alfred Haber Distribution, the New Jersey-based company owned by his uncle Alfred Haber. He oversaw sales for the TV and film company in territories including Latin America, Asia and Europe.
Alfred Haber, President of Alfred Haber Distribution, said: “It is with deep sadness that I share with you news of the sudden passing of my nephew and beloved business associate, Andrew Haber. Andrew, a 25-year industry veteran, oversaw sales for Alfred Haber Distribution in various territories throughout the world, including Latin America, Asia and Europe. He had a large network of industry friends from all over the globe he met during the course of his travels…Andrew never met a stranger! His professionalism, kind words, magnetic smile and caring personality touched all he met, and will not be forgotten. Andrew will be sorely missed by us all.”
Alfred Haber Distribution specialises in TV format sales, especially of events and music specials, but also reality series and movies. The firm has sold foreign rights to events including The Grammy Awards, The Golden Globe Awards, The Miss Universe Pageant, The Screen Actors Guild Awards, World Poker Tour, Dead Again, Ghost Hunters, Moments Of Impact and World’s Most Amazing Videos.