Edition:
United Kingdom

Connect Group PLC (CNCTC.L)

CNCTC.L on London Stock Exchange

32.55GBp
21 Sep 2018
Change (% chg)

-1.65 (-4.82%)
Prev Close
34.20
Open
33.85
Day's High
33.85
Day's Low
32.55
Volume
185,850
Avg. Vol
693,519
52-wk High
119.95
52-wk Low
16.76

Latest Key Developments (Source: Significant Developments)

Connect Group Signs Long Term Contract With News UK
Wednesday, 4 Jul 2018 

July 4 (Reuters) - Connect Group PLC ::CONNECT GROUP PLC - LONG TERM CONTRACT WITH NEWS UK.CONNECT GROUP PLC - RENEWED ITS LONG TERM CONTRACT WITH NEWS UK.CONNECT GROUP PLC - CONTRACT SECURES REVENUES OF C£200M P.A. (AT CURRENT VALUES).  Full Article

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

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Inditex, Just Eat and tech stocks spice up European trading ahead of Fed

LONDON Trading in European shares was hesitant on Wednesday as investors awaited guidance from the Federal Reserve on future U.S. interest rate rises, while Inditex rose after results and Just Eat was bruised by intensifying competition.