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Fireangel Safety Technology Sees FY Rev Below Prior Market View

Monday, 9 Dec 2019

Dec 9 (Reuters) - Fireangel Safety Technology Group PLC ::REVENUE FOR YEAR ENDING 31 DECEMBER 2019 IS NOW EXPECTED TO BE BELOW PREVIOUS MARKET EXPECTATIONS.SEES REVENUE FOR YEAR ENDING 31 DECEMBER 2019 IN RANGE £44.5 MILLION TO £45.0 MILLION.FY UNDERLYING OPERATING RESULT IS EXPECTED TO BE A LOSS IN RANGE £2.6 MILLION TO £2.9 MILLION..EXPECTED SALES GROWTH IN 2019 OF ABOUT 20% STRESSED CO'S PROCESSES FROM PRODUCTION RIGHT THROUGH TO CUSTOMER FULFILMENT.TO MEET YEAR-END DEMAND FOR CERTAIN OF ITS PRODUCTS, CO EXPECTS TO INCUR ADDITIONAL COSTS IN REWORKING CERTAIN STOCK LINES.STRENGTHENING OF STERLING AGAINST US DOLLAR SINCE SEPT INCREASED COMMITTED STERLING COST OF FORWARD CONTRACTS.PROPOSES TO LEAVE ITS 2021 MARKET GUIDANCE INTACT, BUT IS REDUCING ITS 2020 UNDERLYING OPERATING PROFIT OUTLOOK.SEES FY 2020 EBITDA OF APPROXIMATELY £4.4 MILLION.REVIEWING ITS PRODUCT DEVELOPMENT AND RESEARCH & DEVELOPMENT STRATEGY.

Yolo Leisure To Change Name Of Company To Asimilar Group

Tuesday, 3 Dec 2019

Dec 3 (Reuters) - Yolo Leisure and Technology PLC ::YOLO LEISURE AND TECHNOLOGY PLC - GENERAL MEETING OF SHAREHOLDERS TO BE HELD ON 23 DECEMBER 2019 IN ORDER TO CHANGE NAME OF COMPANY TO "ASIMILAR GROUP.

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