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Connect Group PLC (CNCTC.L)

CNCTC.L on London Stock Exchange

56.20GBp
23 May 2018
Change (% chg)

0.00 (+0.00%)
Prev Close
56.20
Open
58.70
Day's High
58.70
Day's Low
56.20
Volume
168,243
Avg. Vol
560,305
52-wk High
130.00
52-wk Low
53.50

Latest Key Developments (Source: Significant Developments)

Connect Group Posts HY Revenue 766.5 mln stg
Tuesday, 1 May 2018 

May 1 (Reuters) - Connect Group PLC ::REVENUE £766.5M VERSUS £793.3M FOR SIX MONTHS ENDED 28 FEBRUARY 2018 FOR.PROFIT BEFORE TAX £9.5M VERSUS £16.5M FOR SIX MONTHS ENDED 28 FEBRUARY 2018.  Full Article

Connect Says CFO David Bauernfeind To Step Down
Tuesday, 1 May 2018 

May 1 (Reuters) - Connect Group PLC ::CHIEF FINANCIAL OFFICER, DAVID BAUERNFEIND, HAS DECIDED TO STEP DOWN FROM HIS ROLE.  Full Article

Connect Group Provides Update On Disposal Of Books Division
Monday, 22 Jan 2018 

Jan 22 (Reuters) - Connect Group Plc ::UPDATE ON THE DISPOSAL OF THE BOOKS DIVISION.‍DISPOSAL WAS CONDITIONAL ONLY ON ANTI-TRUST MERGER APPROVAL FROM GERMAN FEDERAL CARTEL OFFICE WHICH WAS SUBSEQUENTLY RECEIVED JAN 17.‍SPA IS NOW UNCONDITIONAL AND UNDER ITS TERMS COMPLETION IS OBLIGED TO OCCUR BY 31 JANUARY 2018 AT LATEST​.HAS BEEN NOTIFIED BY A LETTER RECEIVED.ON JAN 21 2018 STATING, INTER ALIA, THAT AURELIUS OMEGA "CAN NO LONGER COMPLETE ON CURRENT TERMS​.‍HAS SOUGHT URGENTLY TO CLARIFY AURELIUS' POSITION‎, INCLUDING LEGAL BASIS, IF ANY, UPON WHICH IT PURPORTS NOT TO COMPLETE ON TRANSACTION​.  Full Article

Connect Group ‍Signs Agreement To Dispose Books Division
Thursday, 21 Dec 2017 

Dec 21 (Reuters) - Connect Group Plc ::DISPOSAL OF BOOKS DIVISION.‍SIGNED AGREEMENT TO DISPOSE BOOKS DIVISION (CONNECT BOOKS) WITH AURELIUS EQUITY OPPORTUNITIES SE & CO. KGAA.DISPOSAL IS FOR TOTAL CASH CONSIDERATION OF UP TO £11.6M​.  Full Article

Connect Group expects return to growth in 2018​
Thursday, 26 Oct 2017 

Oct 26 (Reuters) - CONNECT GROUP PLC :‍FINAL DIVIDEND OF 6.7P UP 3.1 PCT, MAKING A FULL YEAR DIVIDEND OF 9.8P, UP 3.2 PCT​.FY ‍PROFIT BEFORE TAX OF 34.2 MLNS TG VERSUS 35.2M MLN STG LAST YEAR.TO CONCENTRATE OUR ACTIVITIES ON OPPORTUNITIES THAT WILL BEST LEVERAGE OUR CORE STRENGTH OF SPECIALIST THIRD-PARTY DISTRIBUTION​.FY ‍REVENUE OF 1.5943 BLN STG VERSUS 1.6458 BLN STG LAST YEAR.TWO-YEAR TRANSFORMATION PROGRAMME ENCOMPASSES COST EFFICIENCIES, NETWORK OPTIMISATION AND NEW CUSTOMER PROPOSITIONS FOR ORGANIC GROWTH​.‍EXPECTS RETURN TO GROWTH IN FY18​.  Full Article

Connect Group appoints David Bauernfeind as CFO
Thursday, 14 Jul 2016 

Connect Group Plc : Appointment of chief financial officer .David Bauernfeind has been appointed chief financial officer, starting with company on Aug 15 2016.  Full Article

Connect Group says forecasts remain in line with market expectations
Tuesday, 5 Jul 2016 

Connect Group Plc : Today issued its trading update covering 44 week period to July 2 2016 . On a like-for-like basis total group revenues decreased 0.9 pct . There has been no change in underlying financial condition of group since interim results announcement on April 19 2016 . Total group revenues increased 2.1 pct compared to same period last year, including a full period for Tuffnells this year versus 34 weeks last year . Group as a whole is predominantly UK centric and operates in large and resilient markets, with strong levels of free cash flow . Connect News & Media: total news revenues decreased by 2.3 pct and like-for-like revenues decreased by 3.8 pct .Despite market volatility and uncertainty, forecasts remain in line with market expectations.  Full Article

BRIEF-Connect Says CFO David Bauernfeind To Step Down

* CHIEF FINANCIAL OFFICER, DAVID BAUERNFEIND, HAS DECIDED TO STEP DOWN FROM HIS ROLE Source text for Eikon: Further company coverage: