Roger Baron
15 May 2015
Re: Divi payment and trading update... No. It has not been declared yet. We have to wait for the results to be announced before we know how much or when it will be paid.
jargone
15 May 2015
Re: Divi payment and trading update... Does anyone know when they will make the dividend payment?
time 2 retire
21 Apr 2015
Divi payment and trading update... Trading UpdateInternational Greetings PLC, one of the world's leading designers, manufacturers, importers and distributors of gift packaging and greetings, stationery and creative play products, is pleased to announce a trading update in relation to the 12 months ended 31 March 2015.Highlights: -- Financial performance ahead of expectations, further enhancing earnings per share -- Significant reduction in leverage -- Target of ratio of year end net debt to EBITDA below two times achieved a year ahead of schedule -- Resumption of dividend payment The Group is pleased to confirm that progress made both during the final quarter and the year has been very encouraging resulting in the Group's financial performance for the year ended 31 March 2015 exceeding current market expectations. The combination of excellent overall operating performance, lower financial costs and an improved mix of tax rates across the Group's global portfolio, will significantly enhance earnings per share.The Group is also delighted to confirm that progress made on debt reduction has been significant, with substantial reductions in working capital achieved. Consequently, the Board's key target to bring the ratio of year end net debt to EBITDA below two times has now been comfortably achieved a year ahead of schedule.As a result of the above and as previously signalled, the Board is pleased to confirm that the Company will return to the dividend list and a final dividend will now be declared in respect of the year ended 31 March 2015.This year our UK and European businesses have delivered strong results; underpinned by yielding savings ahead of schedule as a result of the successful execution of our capital investment programme in the UK and excellent integration of our acquisition of Enper BV in Europe. Both these initiatives have helped compensate the challenging conditions faced by our joint venture in Australia.In the US, whilst top line growth remains strong, there is scope for margin and efficiency improvements. We also announce the appointment of Gideon Schlessinger as CEO of International Greetings USA, following the untimely death last year of his predecessor, Rich Eckman. Gideon brings a wealth of experience in developing businesses with both US and global retailers and will lead a team of enhanced capability in a key region for growth.The Group's businesses are engaged in trading with over 5,000 customers in more than 100,000 retail outlets across 80 countries, providing diverse revenue streams amid varying market conditions.Commenting on the year's performance, Paul Fineman, Group CEO said:"It is particularly pleasing to demonstrate an excellent outcome underpinned by fast pay back on investments recently made whilst having identified further opportunities to drive future progress in all regions."
time 2 retire
28 Jan 2015
Today's Trading Update International Greetings PLC28 January 201528(th) January 2015International Greetings PLC (the "Group"
Trading UpdateInternational Greetings PLC, one of the world's leading designers, manufacturers, importers and distributors of gift packaging and greetings, stationery and creative play products, announces an update for the third quarter, which covers the Group's key Christmas trading period to 31 December 2014.We are pleased to report that the Group has performed well during the Christmas trading period and results are in line with expectations with all regions trading profitably. The Group is on target to deliver planned EPS growth for the full financial year ended 31 March 2015 in line with the Group's performance over recent years and the Board's stated growth strategy.We are also delighted to report excellent progress across a number of commercial and operational initiatives.In Wales, our new state-of-the-art giftwrap manufacturing facilities were completed on time and to budget and are already producing significant volumes highly efficiently.Our Dutch based operation has achieved record sales and production volumes and has now fully integrated Enper BV which was acquired in June 2014.In the USA, record sales levels were reached with growth across all channels underpinned by successfully managing the short term operational challenges reported at the time of the Interims.The Group's sales of licensed products has included over three million products featuring Disney's 'Frozen' across our gift packaging and creative play categories.Paul Fineman, Chief Executive, said:"We are very encouraged by the Group's overall progress driven by our performance and dedication in providing great service and products to our customers in more than 80 countries.We have achieved this whilst simultaneously transforming our manufacturing platform in the UK and also fully integrating the business we acquired in Holland.Our exciting portfolio of brands and product categories, combined with our competitive position bodes extremely well for the future as we continue to focus on reducing leverage and converting the Group's growing profits into cash".- Ends-
time 2 retire
23 Jan 2015
Re: Today's site visit by Investors Chronicl... Strong buy i meant not sell
time 2 retire
23 Jan 2015
Today's site visit by Investors Chronicle A very good watch...[link]
time 2 retire
25 Nov 2014
Moving up.... A nice tick up today ahead of next weeks half year results....still well undervalued IMO
