Speakers from Touchstone Exploration, Shanta Gold, Savannah Resources and Kavango Resources feature in our Natural Resources webinar on May 25th. Please register here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksGamma Coms Share News (GAMA)

Share Price Information for Gamma Coms (GAMA)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 1,802.00
Bid: 1,802.00
Ask: 1,808.00
Change: 2.00 (0.11%)
Spread: 6.00 (0.33%)
Open: 1,848.00
High: 1,848.00
Low: 1,798.00
Yest. Close: 1,800.00
GAMA Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

RNS Alerts are a premium feature

Login to your account

myTerminal is a premium feature

Login to your account

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

Gamma Communications Hires Two New Directors As Interim Earnings Up

Tue, 8th Sep 2020 10:42

(Alliance News) - Gamma Communications PLC on Tuesday said its performance improved in the first half of 2020 as it continued to strengthen its direct and indirect channel propositions across all markets.

In addition, the fixed-line telecommunications network provider said it appointed Xavier Robert and Charlotta Ginman as non-executive directors with immediate effect.

Robert has been a private equity professional for more than 20 years. He leads the investment activities of private equity firm Bridgepoint in the UK and sits on its executive and investment committees.

Ginman, meanwhile, began her career at Ernst & Young in 1989, and was then appointed to a series of senior roles in investment banking with UBS Group AG, Deutsche Bank AG and JP Morgan both in London and Singapore. She has also held senior roles within Nokia Corp. Currently Ginman serves as non-executive director of Pacific Assets Trust PLC, Polar Capital Technology Trust PLC, Unicorn AIM VCT PLC and Keywords Studios PLC.

Turning back to Gamma's earnings, revenue grew by 12% to GBP177.3 million in the six months to the end of June from GBP158.2 million a year earlier. Pretax profit rose by 21% to GBP26.2 million form GBP21.7 million.

The number of Horizon users increased from 522,000 to 560,000 in the first six months of 2020. The main growth area continues to be in the small and medium size enterprises segment which is the market segment that Horizon, a cloud-based business phone system, has been developed to serve, the company noted.

Gamma increased its dividend by 11% to 3.9 pence from 3.5p paid a year ago.

"Despite the Covid-19 pandemic, our product performance was positive, and we continued to strengthen our market capabilities through the development and launch of new products and services," said Chief Executive Andrew Taylor.

Gamma shares were trading 5.0% higher in London on Tuesday at 1,585.00 pence each.

By Evelina Grecenko; evelinagrecenko@alliancenews.com

Copyright 2020 Alliance News Limited. All Rights Reserved.

More News

IN BRIEF: Gamma Communications non-exec director sells 67,000 shares

IN BRIEF: Gamma Communications non-exec director sells 67,000 shares

20 Apr 21 15:40

IN BRIEF: Gamma Communications Non-Executive Stone sells shares

IN BRIEF: Gamma Communications Non-Executive Stone sells shares

9 Apr 21 19:40

EXECUTIVE CHANGES: Studio Retail, K3 Business Tech appoint new CEOs

EXECUTIVE CHANGES: Studio Retail, K3 Business Tech appoint new CEOs

30 Mar 21 17:59

IN BRIEF: Hoxton Assets to sell GBP37 million in Gamma shares

IN BRIEF: Hoxton Assets to sell GBP37 million in Gamma shares

30 Mar 21 15:25

IN BRIEF: Hoxton Assets to sell shares in Gamma Communications

IN BRIEF: Hoxton Assets to sell shares in Gamma Communications

29 Mar 21 18:09

BROKER RATINGS: Jefferies upgrades Imperial Brands and downgrades BAT

BROKER RATINGS: Jefferies upgrades Imperial Brands and downgrades BAT

26 Mar 21 09:43

BROKER RATINGS: Morgan Stanley Cuts BHP; Deutsche Bank raises NatWest

BROKER RATINGS: Morgan Stanley Cuts BHP; Deutsche Bank raises NatWest

24 Mar 21 09:37

Gamma Communications posts revenue, profit rise amid Covid-19 pandemic

Gamma Communications posts revenue, profit rise amid Covid-19 pandemic

23 Mar 21 10:45

UK earnings, trading statements calendar - next 7 days

UK earnings, trading statements calendar - next 7 days

16 Mar 21 15:53

SMALL-CAP WINNERS & LOSERS: AIB Group rises on optimistic outlook

SMALL-CAP WINNERS & LOSERS: AIB Group rises on optimistic outlook

5 Mar 21 10:45

BROKER RATINGS: JPMorgan neutral on Aston Martin; CRH targets lifted

BROKER RATINGS: JPMorgan neutral on Aston Martin; CRH targets lifted

5 Mar 21 09:39

IN BRIEF: Gamma Communications buys Mission Labs for GBP40 million

IN BRIEF: Gamma Communications buys Mission Labs for GBP40 million

3 Mar 21 11:53

Gamma buys partner Mission Labs in £40m deal

(Sharecast News) - Technology-focussed communications services provider Gamma Communications has acquired the entire issued share capital of Mission Labs, it announced on Wednesday, for initial consideration of £40.2m.

3 Mar 21 09:12

DIRECTOR DEALINGS: Gamma Communications Non-Exec Sells 10,000 Shares

DIRECTOR DEALINGS: Gamma Communications Non-Exec Sells 10,000 Shares

15 Jan 21 21:33

Gamma Communications On Track To Beat 2020 Consensus And Prior Year

Gamma Communications On Track To Beat 2020 Consensus And Prior Year

11 Jan 21 11:17

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.