The latest Investing Matters Podcast episode featuring financial educator and author Jared Dillian has been released. Listen 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: 10.10
Bid: 9.87
Ask: 10.16
Change: 0.06 (0.60%)
Spread: 0.29 (2.938%)
Open: 9.995
High: 10.14
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
7 Apr 2022 11:14

TOP NEWS: Irish government to sell further stake in Bank of Ireland

(Alliance News) - Irish Minister of Finance Paschal Donohoe on Thursday announced a further extension of Bank of Ireland Group PLC's share trading plan.

Read more
31 Mar 2022 08:48

LONDON BROKER RATINGS: JPMorgan upgrades M&G and Phoenix Group

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

Read more
29 Mar 2022 18:22

IN BRIEF: Bank of Ireland appoints Strategy Head Spain as CFO

Bank of Ireland Group PLC - Dublin-based lender - Appoints Mark Spain as chief financial officer with effect on Thursday. Will be replacing Myles O'Grady, who will steps down on the same date after three years in the role.

Read more
28 Feb 2022 21:20

IN BRIEF: Bank of Ireland swings to profit on higher net income

Bank of Ireland Group PLC - Dublin-based lender - For 2021, swings to pretax profit of EUR1.22 billion from loss of GBP760 million, mainly due to EUR1.13 billion in net impairment losses on financial instruments recorded for 2020, turning into a gain of EUR194 million in 2021.

Read more
18 Feb 2022 19:44

IN BRIEF: Bank of Ireland's KBC deal under scrutiny from regulator

Bank of Ireland Group PLC - Dublin-based lender - Notes statement from Competition & Consumer Protection Commission, which has come to the decision that the bank's acquisition of an EUR8.8 billion performing mortgages portfolio from Belgian bank-insurer KBC Bank is likely to lead to a substantial lessening of competition in the relation to the market for the provision of mortgages.

Read more
31 Jan 2022 09:45

LONDON BROKER RATINGS: BofA cuts Barclays; Goldman lifts Fevertree

LONDON BROKER RATINGS: BofA cuts Barclays; Goldman lifts Fevertree

Read more
13 Jan 2022 09:10

TOP NEWS: Retailer ASOS now to be seen on London Main Market

TOP NEWS: Retailer ASOS now to be seen on London Main Market

Read more
13 Jan 2022 08:24

LONDON BRIEFING: AIM giant ASOS to move to London Main Market

LONDON BRIEFING: AIM giant ASOS to move to London Main Market

Read more
21 Dec 2021 09:18

TOP NEWS: Irish government picks Merrill Lynch to sell down AIB stake

TOP NEWS: Irish government picks Merrill Lynch to sell down AIB stake

Read more
7 Dec 2021 09:32

LONDON BROKER RATINGS: Deutsche Bank raises NatWest, cuts Barclays

LONDON BROKER RATINGS: Deutsche Bank raises NatWest, cuts Barclays

Read more
6 Dec 2021 09:46

LONDON BROKER RATINGS: Barclays and UBS upgrade Crest Nicholson

LONDON BROKER RATINGS: Barclays and UBS upgrade Crest Nicholson

Read more
9 Nov 2021 09:34

LONDON BROKER RATINGS: Upgrades for Royal Dutch Shell, BT and Petrofac

LONDON BROKER RATINGS: Upgrades for Royal Dutch Shell, BT and Petrofac

Read more
29 Oct 2021 14:54

IN BRIEFS: Profit rises at Bank of Ireland to pre-pandemic levels

IN BRIEFS: Profit rises at Bank of Ireland to pre-pandemic levels

Read more
22 Oct 2021 16:05

UK earnings, trading statements calendar - next 7 days

UK earnings, trading statements calendar - next 7 days

Read more
22 Oct 2021 10:22

Bank of Ireland snaps up EUR8.8 billion mortgage portfolio from KBC

Bank of Ireland snaps up EUR8.8 billion mortgage portfolio from KBC

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.