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CARD FACTORYS 2021 KEY PRIORITIES 1. STRENGTHEN ONLINE POSITION
2.CREATE PLATFORM FOR SUSSTAINABLE GROWTH
3 . BUILD SCALE THROUGH PARTNERSHIPS
4. DEVELOP AND EXPAND ESTATES (MAYBE THE 100 NEW SHOPS IS TRUE)
Increased total locations from 869 to 894
Strong Aldi performance; TRS & Matalan impacted by Covid-19
Ongoing Matalan trial
Franchise arrangements in Jersey, Guernsey and Gibraltar performing well,
and a fourth franchise opened on the Isle of Man in Sept 2020
INTO THE BLUE KEEP ON MOVING NORTH GLA
https://www.biffa.co.uk/media-centre/news/biffa-unlocks-1bn-for-green-infrastructure-investment-ahead-of-plans
Private equity firms Bain Capital and Cinven are reportedly battling it out in the final bidding for Rolls-Royce's ITP Aero division, which could fetch around €1.5bn.
Bloomberg cited people familiar with the matter as saying that the remaining bidders are courting local partners to join their offers for the Spanish aircraft-engine supplier and help win government approval for a deal.
Bain was understood to be planning to join up with a member of a local wealthy family, while Cinven is teaming up with a firm in the Basque region, where ITP is based.
According to Bloomberg, a decision on a winning bidder could be made in the next few weeks. One source said discussions are ongoing with the local authorities around potential roles for a domestic industrial company, or an arm of the Spanish or Basque governments, in the final buyer group.
Analysts at Berenberg selected Airbus and Rolls Royce as their 'key picks' within civilian aerospace, arguing that the deep restructuring such companies had withstood would drive bigger operating margins within three to five years in comparison to pre-pandemic levels.
In the case of Rolls Royce, which they labelled the 'value play' in the sector, they said the engineer was "fundamentally" improving its cost structure which would "generate financial results far in excess and of better quality than before. So far, so good."
Biffa reports excellent progress against its sustainability targets
£1bn of investment in UK green infrastructure already unlocked - well ahead of plans
Biffa plc ('Biffa', 'the Group' or 'the Company') (LSE: BIFF), has today published its first sustainability report, one year on from the launch of its long-term sustainability strategy 'Resourceful, Responsible.'
The report reaffirms the Group's ambitious sustainability targets as part of its wider commitment to helping solve the UK's waste challenge
Key progress highlights
· Group well on track to achieving target of unlocking £1.25bn of much needed investment in UK green economy infrastructure by 2030 with £1bn already realised.
· Group announces pathway to achieving net zero emissions, no later than 2050.
Building a circular economy
· Doubled the Group's plastics recycling capacity with investments in its facilities in the North East.
· Established the Group's position as a leader in UK surplus redistribution through the acquisition of Company Shop Group, enabling a unique circular economy proposition for customers and providing support for the communities most in need.
· Newhurst and Protos energy from waste ('EfW') construction projects commenced and on track - underpinning UK's capability to domestically manage its own non-recyclable waste.
Tackling climate change
On track to reduce greenhouse gas emissions by 50% by 2030, having reduced emissions by 70% since 2002.
· Significant progress in creating the UK's lowest carbon waste collection service through an active M&A programme, reducing carbon intensity of services and positioning the Group to transition to alternative fuels.
· Roll out of UK's first fully electric fleet of electric refuse vehicles on behalf of Manchester City Council.
· Expansion of rail network to replace road haulage for the movement of inert waste, helping to save over 12,000 tonnes of CO2 emissions since 2019.
Makes me laugh if this drops to 50p today i will show my a***e in boots window there is nothing we didn't already know prior to the rns today.
card factory are in the process of upgrading there online sales they j know where there weakness is and are tackling this as we speak in 3-6 months time take a look at the share price and watch how the online sales grows.
hold on tight theres a rockyride ahead. gla