Member Info for mulledwine

http://www.investegate.co.uk/Article.aspx?id=201106160700095329I

I missed this at 125 recently as my target had been 120 - ah well. Its a very successful and diverse Company and just up th eroad from me - fuel costs a concern obviously but it seems to be going very well just now

Catherine Lynn, easyJet Customer and Revenue Director, said: "We are excited to be opening London Southend as easyJet's 20th base airport. The airport is in a fantastic location just outside London with a fast rail link into the city. This is a unique opportunity to offer a world class customer experience, with passengers able to get from the plane to the train in 15 minutes." "Through offering easy and affordable travel, we expect the new routes to appeal to customers in Essex and London looking for a convenient new departure point for many top European destinations. We also believe that the European city links will attract a high number of inbound business and leisure passengers to London next year."

Stobart Group CEO, Andrew Tinkler, said: "We are delighted to announce our partnership with easyJet. This supports and validates our strategy to develop London Southend as a fast and friendly airport serving London and the South East. Our target is to achieve in excess of two million passengers and this agreement allows us to have continued confidence in this target".

London Southend Airport agrees 10 year contract with easyJet London Southend Airport (LSA), part of the Stobart Group, has today agreed a 10 year contract with easyJet, for flights to a number of European destinations. easyJet will commence operations in April 2012, in advance of the London Olympics, initially basing three aircraft at the airport and expecting to deliver around 800,000 passengers per annum. This will increase the annualised throughput at the airport to nearly 1 million passengers. Initially, easyJet intends to service around 10 holiday and business destinations (including Barcelona, Faro and Ibiza) and the airline expects to develop further routes over the coming years. Stobart Group is at an advanced stage of its investment plan for LSA and has built an airport which is able to offer one of the quickest routes to central London for passengers travelling from Europe. The airport offers reduced flight times, a fast terminal experience and a connecting station with up to 8 trains an hour travelling into London in around 50 minutes. In addition, LSA is in a prime location to service the London Olympics in 2012 with a fast, direct train service to Stratford and the Olympic stadium. Stobart Group has a strategy of creating value from the property assets it holds in the Group. The agreement with easyJet substantiates the investment made by Stobart and demonstrates the potential the airport can offer to airlines.

http://www.investegate.co.uk/Article.aspx?id=201106160700095322I

Jeff Chatfield, Chairman, Skywest Airlines, commented: "Skywest is enjoying significant strategic growth within the resources sector and an additional Fokker 100 aircraft, underlines our commitment to the delivery of services to the fly in fly out market."

FLEET EXPANSION - FOKKER 100 AIRCRAFT The Skywest Group, through its Singapore subsidiary Skywest Airlines (S) Pte Ltd, has acquired an additional Fokker 100 aircraft (MSN11305). Skywest intends to bring this jet aircraft into Australian service in due course. This acquisition will increase Skywest's fleet of Fokker 100 jets to ten. Title to the aircraft has been acquired on the 15th of June 2011, and is expected to be leased to the Australian subsidiary on a 60 month operating lease. The acquisition and deployment costs are approximately $3.2m which has been financed internally and through a loan of US $2.55m from a consortium of financiers lead by Avation PLC.

http://www.investegate.co.uk/Article.aspx?id=201106160700085270I

Angus MacSween, CEO of iomart Group plc, said: "iomart was an early proponent of the cloud and every layer of our service delivery infrastructure has been built to accommodate a real cloud portfolio. We are delighted that our early vision is now bringing recognition from industry specialists like Talkin' Cloud. "iomart offers the full range of cloud types, such as private or hybrid cloud, all of which are underpinned by guaranteed service levels due to being delivered from our own data centres. We believe the ownership of our data centres is a factor which sets us apart in the market and has been a major contributor to our success." Earlier this year iomart was ranked in 8th position in Nine Lives Media Inc.'s annual MSPmentor 100, a distinguished list and research report identifying the world's top 100 managed service providers (MSPs). The Company was listed as the 2nd Top European Managed Service Provider.

iomart named in world's top 25 for cloud services iomart Group plc (AIM:IOM), has been named as one of the top cloud providers in the world in a survey of Managed Service Providers working in the cloud. iomart was listed in 22nd place - the highest ranked UK company to be mentioned - in the Talkin' Cloud 50 2011 survey. The Talkin' Cloud 50 overall ranking is based on annual cloud revenues for 2010, dollar growth, percentage growth from 2009 to 2010 and total number of customers running cloud applications. It is produced by Nine Lives Media Inc., a US based industry research house. Earlier this month, iomart Group plc announced a rise in pre-tax profits for the year ended 31 March 2011 of 618 percent to £2.8m. Revenue also showed a big increase, up 38 percent to £25.3m from £18.3m in the previous financial year. Enquiries for enterprise cloud services, still an embryonic market, now make up more than 35% of iomart's leads. The Company's managed hosting and cloud computing business is based on full ownership of its data centre estate in the UK. It owns data centres in London, Maidenhead, Glasgow, Nottingham and Leicester. The survey states that Talkin' Cloud 50 companies generated $321 million in annual cloud revenues for 2010, up 47 percent from $218 million in 2009.

http://www.investegate.co.uk/Article.aspx?id=201106160700115290I

GODFREY DAVIS, CHAIRMAN AND CHIEF EXECUTIVE COMMENTED: "Mulberry has increased sales by 69% year on year and delivered a step change in profitability. Strong demand in all markets has continued into the new financial year and the outlook for the Mulberry brand is positive. While we remain cautious about the global economic environment, we are focused on accelerating our international expansion."

CURRENT TRADING AND OUTLOOK · Retail sales up 38% for the 10 weeks to 4 June 2011, like-for-like up 42% · Like-for-like UK Retail sales in full price stores and department store concessions up by 33% for the 10 weeks to 4 June 2011 · With 5 months selling left of the Autumn/Winter 2011 season, third-party orders are already 38% ahead of Autumn/Winter 2010 total orders · New store openings scheduled for New York, Amsterdam, Germany, Korea, China and Bangkok over the next 10 months · Expansion of the Somerset factory under way, creating 50 new manufacturing jobs and adding 30% to UK production capacity

OPERATING HIGHLIGHTS · 9 new stores opened during the year in Beijing, Hong Kong, Malaysia, Korea, Qatar, UAE, the Netherlands and Sydney · New flagship store opened at 50 New Bond Street, London · Global expansion continued with international revenues growing 145% to £40.5 million (2010: £16.6 million) · Online sales grew 64% to £9.2 million, accounting for 8% of sales · New London headquarters opened on Kensington Church Street

PRELIMINARY RESULTS FOR THE YEAR ENDED 31 MARCH 2011 Mulberry Group plc, the British luxury fashion brand, is pleased to announce a strong performance for the year ended 31 March 2011. FINANCIAL HIGHLIGHTS · Revenues increased by 69% to £121.6 million (2010: £72.1 million) · Retail sales up 44% to £73.5 million, like-for-like up 43% · Wholesale shipments to third-parties up 130% to £48.1 million · Profit before tax up 358% to £23.3 million (2010: £5.1 million) · Basic earnings per share up by 473% to 29.8p (2010: 5.2p) · Proposed dividend up 82% to 4.0p per share (2010: 2.2p per share)

http://www.investegate.co.uk/Article.aspx?id=201106160700055035I

Larry Tracey, Executive Chairman, said: "With the Group's strategic repositioning as a designer and manufacturer now complete, and having spent more than ten years in executive roles on the Board, both James and I believe that now is the right time to look to the future and put in place the management structure for the next phase of growth. Duncan Penny has proved himself a very able CEO since taking up the position in 2003 and he is supported by a strong tier of operational managers throughout the business, all of whom have made significant contributions to the Group's development. This managed succession provides clear opportunities for this core team as we seek to build on the foundations we have laid over the last few years and is being implemented against both a background of strong trading and over a 10 month period to ensure an orderly handover of responsibilities."

Outlook The Group is continuing to increase market share in its key industrial, healthcare and technology sectors. New project wins with our own in-house developed products have, despite strong revenue growth, led to orders outpacing revenues by 10% in the year to May. This robust performance gives us confidence in our ability to achieve strong revenue growth for this year. Furthermore, the record number of new product introductions made in the past two years should underpin continued market share gains in 2012 and 2013 as the associated projects enter production with our customers.

Trading Update XP Power, one of the world's leading developers and manufacturers of critical power control components to the electronics industry, is today issuing a trading update for the second quarter ending 30 June 2011. Trading Trading in the second quarter to date has continued to be strong. Group revenues, for the six months to 30 June 2011, are expected to grow by more than 25% over the same period in 2010. In constant currency the growth rate is expected to be not less than 29%. In addition, we have seen a further favourable change in the product mix during the period, with a continuing growth in the proportion of own design product. Own design product represented 53% of revenue in the first quarter of 2011 and this has increased further to 55% in the first two months of the second quarter, versus 48% of revenue for the year ended 31 December 2010. This will have a positive impact on gross margins in the six months to 30 June 2011. Construction work on our new Vietnamese factory continues to progress to schedule and the facility is expected to be completed during the first quarter of 2012.