Preliminary Results Announcement Minoan Group Plc (or "the Group") announces its preliminary results for the year ended 31 October 2013 HIGHLIGHTS · Excellent progress made throughout the year in developing the Group into a successful international travel and leisure business · Strong performance from the Travel and Leisure ("T&L") division - total transaction value up 37% to £51.2 million and operating profit for the continuing travel business up 47% to over £600,000 · The Group has bought in the 20% stake in the T&L division and arranged a £5m loan facility to accelerate the division's acquisitions and growth · T&L performance since the year end continues to improve with an increasing gross margin and gross profit up by 15% in the period to March 2014 · Crete Project granted Fast Track status, Strategic Environmental Assessment submitted and, in advance of the final decision, the Sitia Municipality has voted in favour of the Project · The realisation of the value of the Project, through joint ventures and partnerships is now a key objective of the directors · With the Project's main value crystallisation event expected shortly, and the T&L division's accelerating growth, the Group is well positioned to deliver significant further enhancement of shareholder value
huge trades going through, i predict news tomorrow..
oilflow1 View Profile View Posts View Threads 21 Mar'14 - 12:34 - 394860 of 394860 0 1 edit IRG rumoured bid from Gazprom Buying started 18-20p...
old news this - time to drop a penny or two
bricks in europe over the next 2 years, get your money on!
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