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Daily Mail and General Trust P L C (DMGOa.L)

DMGOa.L on London Stock Exchange

604.00GBp
17 Jan 2018
Change (% chg)

-2.00 (-0.33%)
Prev Close
606.00
Open
602.00
Day's High
605.00
Day's Low
600.00
Volume
199,225
Avg. Vol
1,076,663
52-wk High
772.50
52-wk Low
500.00

Latest Key Developments (Source: Significant Developments)

Euromoney Sells Institutional Investor Journals Business To Pageant Media
Wednesday, 10 Jan 2018 

Jan 10 (Reuters) - Euromoney Institutional Investor Plc ::EUROMONEY SELLS INSTITUTIONAL INVESTOR JOURNALS.EUROMONEY INSTITUTIONAL INVESTOR PLC - HAS SOLD ITS INSTITUTIONAL INVESTOR JOURNALS (II JOURNALS) BUSINESS TO PAGEANT MEDIA.  Full Article

Daily Mail owner DMGT full-year profit falls 13 pct to 226 mln stg
Thursday, 30 Nov 2017 

Nov 30 (Reuters) - Daily Mail And General Trust P L C ::FINAL DIVIDEND 15.8 PENCEPER SHARE.TOTAL DIVIDEND 22.7 PENCEPER SHARE.FULL-YEAR ‍PROFIT BEFORE TAX £226M -13%​.‍EARNINGS PER SHARE 55.6P -1%​.‍CONSUMER: ENCOURAGING PERFORMANCE FROM DMG MEDIA; REVENUE UP UNDERLYING 1%, ADJUSTED PROFIT UP UNDERLYING 10%, WITH MAILONLINE MOVING INTO OPERATING PROFIT DURING FINAL QUARTER​.‍B2B: REVENUE UP UNDERLYING 2% AND ADJUSTED PROFIT DOWN UNDERLYING 15%, REFLECTING RMS(ONE) AMORTISATION, PLANNED INVESTMENT AT XCELIGENT AND CHALLENGING TRADING AT GENSCAPE​.‍A PROCESS IS CURRENTLY UNDER WAY TO DISPOSE OF EDR, US COMMERCIAL REAL ESTATE ENVIRONMENTAL INFORMATION BUSINESS​.‍IN FY 2018, UNDERLYING RATE OF DECLINE OF DMG MEDIA'S REVENUES IS EXPECTED TO BE IN MID-SINGLE DIGITS​.  Full Article

Daily Mail and General Trust sees full-year in line
Monday, 2 Oct 2017 

Oct 2 (Reuters) - Daily Mail And General Trust P L C :‍group outlook for 2017 in line with current market expectations​.‍group underlying # revenue growth of 1%; pro forma* reported revenues up 5%, including 6% benefit from foreign exchange rates​.‍outlook for full year unchanged; adjusted eps towards high end and adjusted pbt towards low end of market expectations​.  Full Article

Euromoney Institutional Investor trading in line with expectations
Thursday, 29 Sep 2016 

Euromoney Institutional Investor Plc : Financial markets have been subject to increased volatility and uncertainty following UK's Brexit vote in June . Underlying revenues for Q4 are expected to have declined by 5 pct from same period last year . Underlying subscription revenues for Q4 are expected to have increased by 2 pct . Underlying sponsorship and delegate revenues are expected to fall by 13 pct in final quarter . Group expects to announce an adjusted profit before tax. of no less than 100 million stg for year to September 30, 2016 . Trading has continued in line with board's expectations, . Reported revenues for quarter are expected to show a 2 pct increase, largely as a result of more favourable exchange rates. . Underlying advertising revenues are expected to show a decline of 8 pct for quarter .Reported total revenues for year to september 30, 2016 are expected to show a 1 pct decrease on last year.  Full Article

Daily Mail says CFO Stephen Daintith resigned
Thursday, 22 Sep 2016 

Daily Mail And General Trust Plc : Directorate change cfo resignation . Stephen Daintith, CFO of company, has resigned to take up role of CFO at Rolls-Royce Holdings Plc . Stephen will continue to provide support to DMGT as cfo pending appointment of his replacement . Board has commenced process to identify appropriate candidates. .Date of his departure from company will be subject of a separate announcement.  Full Article

Euromoney appoints of John Botts as non-exec chairman
Tuesday, 12 Jul 2016 

Euromoney Institutional Investor Plc : Botts was appointed chairman on an interim basis in November 2015 .Board has made permanent appointment of John Botts as non-executive chairman of company.  Full Article

Daily Mail says CEO Martin Morgan to retire
Thursday, 12 May 2016 

Daily Mail And General Trust Plc : Martin Morgan, Chief Executive, will retire as Chief Executive and from DMGT board . Will leave DMGT with effect from June 30 2016 . Martin Morgan will undertake an advisory role for a 12 month period from January 2017 .Announces that Paul Zwillenberg will be appointed as chief executive with effect from June 1 2016.  Full Article

Euromoney says Morgan to retire as non-executive director effective May 31
Thursday, 12 May 2016 

Euromoney Institutional Investor Plc : Martin Morgan will retire as a non-executive director of euromoney with effect from May 31, 2016, to coincide with his retirement as chief executive .Paul Zwillenberg will succeed Martin Morgan as a non-executive director of Euromoney with effect from June 1, 2016..  Full Article

Daily Mail & General Trust: a media stock no more

LONDON, Jan 10 Is Daily Mail & General Trust (DMGT) a newspaper company struggling to diversify away from a declining industry? Or a kind of private equity fund whose investments may soon start to pay off?