REMINDER: Our focusIR Investor Webinar takes place TONIGHT 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: 9.98
Bid: 9.99
Ask: 10.01
Change: 0.025 (0.25%)
Spread: 0.02 (0.20%)
Open: 9.995
High: 10.03
Low: 9.965
Prev. Close: 9.955
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
3 Feb 2023 19:44

TRADING UPDATES: Bank of Ireland completes KBC Bank portfolio purchase

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

Read more
26 Jan 2023 08:02

LONDON BRIEFING: Diageo half-year revenue climbs; Jet2 optimistic

(Alliance News) - Stocks in London opened higher on Thursday, following positive news from China about the spread of Covid-19.

Read more
13 Jan 2023 09:40

LONDON BROKER RATINGS: Berenberg likes Pendragon; HSBC cuts Keywords

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

Read more
13 Jan 2023 07:59

LONDON BRIEFING: World Cup boosts for UK GDP and ITV streaming

(Alliance News) - Shares in London were called to open slightly higher on Friday, with the mood lifted by a surprise rise in UK gross domestic product, as US earnings season gets underway.

Read more
16 Dec 2022 15:19

TRADING UPDATES: Voyager Life buys CBD facility from Goodbody Health

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

Read more
6 Dec 2022 10:26

LONDON BROKER RATINGS: JPMorgan cuts Lloyds but raises Barclays

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

Read more
2 Dec 2022 09:04

Bank of Ireland wins approval from Ireland for KBC assets acquisition

(Alliance News) - Bank of Ireland Group PLC on Friday welcomed the approval by Irish Finance Minister Paschal Donohoe of its acquisition of the assets and liabilities of KBC Bank Ireland.

Read more
2 Dec 2022 08:59

LONDON MARKET OPEN: Stocks mixed with eyes on US data; dollar weaker

(Alliance News) - Stocks in London were mixed at the open on Friday ahead of the release of a key gauge of US economic health, the non-farm payrolls report, which many expect to influence the size of the Federal Reserve's next interest rate hike at its next meeting this month.

Read more
2 Dec 2022 07:54

LONDON BRIEFING: Asos interim CFO departs; Safestore enters Germany

(Alliance News) - Stocks in London are set to open marginally lower on Friday, ahead of US non-farm payrolls later in the day, a piece of data expected to loom large for the US Federal Reserve at its December meeting.

Read more
29 Nov 2022 17:56

Irish government relaxes rules around bankers' pay and bonuses

(Alliance News) - The Irish government has approved plans to ease restrictions on pay and bonuses for staff at three banks bailed out by the Irish State.

Read more
29 Nov 2022 09:54

LONDON BROKER RATINGS: UBS raises Spirax-Sarco and cuts Halma

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

Read more
14 Nov 2022 09:25

LONDON BROKER RATINGS: Credit Suisse cuts Ferrexpo to 'neutral'

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

Read more
14 Nov 2022 07:54

LONDON BRIEFING: Informa upgrades full-year outlook on revenue growth

(Alliance News) - Stocks in London are called higher on Monday after Democrats in the US managed to keep control of the Senate, and the UK government promised crack down on an "outrageous" waste of public money.

Read more
11 Nov 2022 09:51

LONDON BROKER RATINGS: UBS cuts Smurfit and GSK; Jefferies likes M&G

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

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.