The next focusIR Investor Webinar takes place tomorrow with guest speakers from WS Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksBank Of Ireland Share News (BIRG)

Share Price Information for Bank Of Ireland (BIRG)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 9.925
Bid: 9.71
Ask: 10.20
Change: 0.205 (2.10%)
Spread: 0.49 (5.046%)
Open: 9.96
High: 9.965
Low: 9.875
Prev. Close: 9.75
BIRG Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

TRADING UPDATES: Bank of Ireland appoints new chief executive officer

Mon, 14th Nov 2022 14:26

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Monday and not separately reported by Alliance News:

----------

Bank of Ireland Group PLC - Dublin-based lender - Appoints Myles O'Grady as chief executive officer. He will succeed Gavin Kelly who served as interim CEO and who will step down on Thursday. O'Grady previously had been Bank of Ireland's chief financial officer from January 2020 until this past March.

----------

ME Group International PLC - Surrey-based instant-service equipment firm - Upgrades its full-year outlook thanks to a first-half performance which came in ahead of expectations. The company notes a strong recovery across continental Europe and robust consumer demand for all its services. Revenue is now expected to be between GBP256 million and GBP262 million for the full-year year ended October 31, up from GBP257 million previously, and at least 19% higher than GBP214.4 million in financial year 2021. Earnings before interest, taxation, depreciation, and amortisation is now expected between GBP82 million and GBP85 million, up from between GBP79 million and GBP84 million previously. In financial year 2021, Ebitda excluding associates was GBP65.1 million.

----------

Mountview Estates PLC - London-headquartered property manager - Notes Concert Party, which stands for Sinclair family members, still holds about 50% of the company's issued share capital. Refers to January 2020 announcement which said that Sinclair family members extended a previous agreement to September 30, 2022. "The company has notified the takeover panel of the expiry of the Concert Party agreement and the continued existence of the Concert Party," Mountview says.

----------

S4 Capital PLC - London-based advertising agency - Despite "economic gloom and slowing tech growth", S4 Capital says its top-line momentum has been "more than maintained" in the third quarter of the year. The company reports revenue in the three months ended September 30 climbed 68% to GBP300.1 million from GBP178.4 million, while gross profit jumps 73% to GBP249.9 million from GBP144.4 million. Looking at current performance, S4 Capital says it continues to trade in line with its top-line objective for 2022 of 25% like-for-like gross profit/net revenue growth and profitability objective of operational earnings before interest, taxation, depreciation, and amortisation of around GBP120 million. S4 says it continues to convert new clients, with "ten whoppers now in sight". The Martin Sorrell-led firm says that current economic pressures benefit S4 as it accelerates client shifts toward digital marketing.

----------

Tremor International Ltd - London-listed digital advertising firm focused on video, data & connected TV - Pretax profit in the three months that ended September 30 falls to USD3.5 million from USD13.4 million a year ago. Further, swings to a total comprehensive IFRS loss of USD5.2 million from a profit of USD10.2 million the previous year. Revenue in the quarter drops 19% year-on-year to USD70.9 million from USD87.0 million. Despite the drop in profit and revenue, Tremor says it remains "well-positioned" to benefit from "anticipated industry secular growth trends" which it expects to help mitigate potential negative effects. 2022 adjusted earnings before interest, taxation, depreciation, and amortisation is expected at USD140 million, down 13% from USD161.2 million in 2021.

----------

By Tom Budszus; tombudszus@alliancenews.com

Copyright 2022 Alliance News Limited. All Rights Reserved.

More News
13 Oct 2023 09:25

LONDON BROKER RATINGS: Stifel says hold S&N; JPM neutral on Deliveroo

(Alliance News) - The following London-listed shares received analyst recommendations Friday morning and Thursday:

Read more
11 Oct 2023 09:17

LONDON BROKER RATINGS: JPMorgan raises Croda; Berenberg cuts Atalaya

(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning:

Read more
29 Sep 2023 09:15

LONDON BROKER RATINGS: Goldman Sachs cuts WPP; Shore raises LandSec

(Alliance News) - The following London-listed shares received analyst recommendations Friday morning:

Read more
17 Aug 2023 07:44

LONDON BRIEFING: BAE Systems to acquire Ball Aerospace for USD5.6b

(Alliance News) - Stocks in London are called lower on Thursday, as investors take fright at hawkish minutes from the US Federal Reserve.

Read more
17 Aug 2023 06:59

Irish central bank seeks explanation from Bank of Ireland after glitch

(Alliance News) - The Central Bank of Ireland is seeking a "full account" of a glitch which saw Bank of Ireland Group PLC customers withdrawing or transferring more money than was in their accounts.

Read more
16 Aug 2023 17:43

Bank of Ireland debacle could inflict "lasting reputational damage"

(Alliance News) - Politicians have criticised Bank of Ireland Group PLC after its online banking services crashed on Tuesday, leading to people withdrawing or transferring more money than they had in their accounts.

Read more
8 Aug 2023 09:25

LONDON BROKER RATINGS: Deutsche Bank cuts WPP to 'hold' from 'buy'

(Alliance News) - The following London-listed shares received analyst recommendations Tuesday morning:

Read more
4 Aug 2023 09:39

LONDON BROKER RATINGS: Jefferies raises John Wood to 'buy'

(Alliance News) - The following London-listed shares received analyst recommendations Friday morning and Thursday:

Read more
3 Aug 2023 09:31

LONDON BROKER RATINGS: Berenberg raises Hochschild Mining to 'buy'

(Alliance News) - The following London-listed shares received analyst recommendations Thursday morning:

Read more
2 Aug 2023 09:07

LONDON BROKER RATINGS: Barclays, Bernstein, Stifel cut Diageo PT

(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning:

Read more
31 Jul 2023 10:08

Bank of Ireland profit gets boost from higher interest rates, KBC buy

(Alliance News) - Bank of Ireland Group PLC on Monday reported a big jump in half-year income and profit, prompting it to raise guidance for the full year.

Read more
31 Jul 2023 07:48

LONDON BRIEFING: BT names Kirkby as new CEO; Pearson profit up

(Alliance News) - Stocks in London are called to start the week on the back foot, after new data showed that the Chinese manufacturing sector continued to slump in July.

Read more
28 Jul 2023 19:36

AIB and Bank of Ireland point to strength of capital after stress test

(Alliance News) - AIB Group PLC and Bank of Ireland Group PLC on Friday highlighted their strong capital positions following the publication of the EU-wide bank stress tests by the European Banking Association.

Read more
24 Jul 2023 06:53

UK city minister to warn banks over "de-banking" customers

(Alliance News) - City minister Andrew Griffith has summoned bank chiefs for a meeting to discuss how customers can be protected from "being de-banked" after Coutts cut ties with Nigel Farage.

Read more
21 Jul 2023 09:33

LONDON BROKER RATINGS: Jefferies raises Hargreaves Lansdown to 'buy'

(Alliance News) - The following London-listed shares received analyst recommendations Friday morning:

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.