Reuters logo
a year ago
BRIEF-Bid target Wireless sees FY outturn broadly in line with expectations
August 22, 2016 / 6:11 AM / a year ago

BRIEF-Bid target Wireless sees FY outturn broadly in line with expectations

Aug 22 (Reuters) - Wireless Group Plc :

* Six month group revenue from continuing operations of £38.2m (2015 restated: £37.0m)

* Six month pre-tax profits from continuing operations of £4.5m (2015 restated: £5.0m)

* Disposal of tv business to itv for a purchase price of £100m completed in February 2016

* Profit on disposal of £79.2m and associated return of capital of £55.0m

* No interim dividend declared in light of news corp offer

* Awarded three packages for Premier League live audio rights which will further underpin outlook for Talksport going forward - chairman

* Currently anticipates a full year outturn broadly in line with expectations Source text for Eikon: Further company coverage: (Bengaluru Newsroom: +91 806 749 1136)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below