Less Ads, More Data, More Tools Register for FREE

KCom trading in line with expectations

Tue, 25th Mar 2014 07:42

- Trading in line - Chairman Bill Halbert to start role as Chief Executive- Brings down pension deficitTelecoms and internet communications provider Kcom Group said trading since its last update remains in line with expectations. The FTSE-250 group, which caters to enterprise and public sector organisations across the UK, reaffirmed its trading position ahead of its preliminary results announcement for the year ending March 31st 2014.In 2013 the telephone and broadband services provider won a string of contracts with organisations including Humberside Fire and Rescue, Network Rail and Victoria Plumb. KCom, formerly known as Kingston Communications, will see Bill Halbert, currently Executive Chairman, assume the role of Chief Executive starting April 1st.The group also said it has reached an agreement to provide a further £16.0m funding for its pension scheme deficit.CJ

Related Shares

More News
31 Jul 2019 10:48

KCOM Reports Disappointing Performance Ahead Of Macquarie Takeover

(Alliance News) - Takeover target KCOM Group PLC on Wednesday said, as expected, its two UK business segments performed well below expectations.On Fri...

26 Jul 2019 17:20

KCOM Shareholders Give Thumbs Up To GBP630 Million Macquarie Deal

(Alliance News) - KCOM Group PLC on Friday said its shareholders have approved its takeover by MEIF 6 Fibre Ltd, with court approval expected on Tuesd...

19 Jul 2019 16:02

UK Shareholder Meetings Calendar - Next 7 Days

Monday 22 JulyClear LeisureWindar PhotonicsNorman BroadbentTuesday 23 Group

12 Jul 2019 18:19

UPDATE: KCOM Accepts Macquarie Offer Following Bidding War

(Alliance News) - Telecommunications firm KCOM Group PLC has accepted an offer from one of its suitors, after both put in two new bids on Friday after...

12 Jul 2019 17:24

KCOM Bidding War Continues As Both Suitors Increase Offers

(Alliance News) - The two suitors for telecommunications firm KCOM Group PLC have once again upped their offers, they announced on Friday.Macquarie Eu...

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.