Talon Resources Targets Ontario Gold Growth After AIM Move and Eagle Lake Acquisition, CEO Says. Watch here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksAVN.L Regulatory News (AVN)

  • There is currently no data for AVN

Trading Statement

18 Jul 2014 07:00

RNS Number : 6744M
Avanti Communications Group Plc
18 July 2014
 



Avanti Communications Group PLC

 

 

Date of Publication of Preliminary Results and Trading Update

 

Avanti Communications Group plc ("Avanti") (AIM: AVN.L) announces that it expects to publish its preliminary results on Monday September 15th.

 

Revenues are expected to be in line with market expectations in the range of $64m - $65m. However, PBT will be lower than consensus with approximately half of the variance resulting from bond refinancing costs of $7m and the balance attributed to exchange rate changes, year end provisioning and set up costs on large new projects.

 

With a cash balance of $195m at year end, Avanti is well positioned for 2015 and well financed to proceed with the construction of HYLAS 4, due for launch in 2017.

 

--ENDS--

 

For further information please contact:

 

Avanti Communications Group Plc Tel: +44 (0) 20 7749 1600

David Williams, Chief Executive

Nigel Fox, Finance Director

 

Cenkos Securities plc Tel: +44 (0) 20 7397 8900

Max Hartley (Nomad)/Julian Morse

 

Jefferies Hoare Govett Tel: +44 (0) 20 7029 8000

Neil Collingridge

 

Tulchan Communications Tel: +44 (0) 20 7353 4200James Macey-White

 

 

About Avanti Communications

· Avanti Communications is a carriers' carrier, selling wholesale data telecoms to service providers which use them to create networks for enterprise, carrier, government and consumer users.

· Avanti Communications' network consists of:-

- two high throughput satellites in orbit, called HYLAS 1 and HYLAS 2; a multiband satellite called Artemis plus a fourth satellite in construction called HYLAS 3; and a fifth called HYLAS 4

- an international fibre network connecting data centres in several countries

· Avanti Communications has GEO satellite network spectrum filings in the ITU Master Register for Ka band at 33.5° West and 31.0° East and for Ka, Ku, S and L-band at 21.5° East.

· Avanti Communications serves customers in Europe, Middle East and Africa.

· Visit: www.avantiplc.com 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
TSTFDLLFZDFLBBF
Date   Source Headline
15th Sep 201610:07 amRNSForm 8.3 - Avanti Communications Group
15th Sep 20168:28 amRNSForm 8.5 (EPT/NON-RI) Avanti Comm
14th Sep 20169:40 amRNSForm 8.5 (EPT/NON-RI)
14th Sep 20168:12 amRNSForm 8.3 - [Avanti Communications]
14th Sep 20167:54 amRNSForm 8.5 (EPT/NON-RI) Avanti Comm
13th Sep 20169:19 amRNSForm 8.3 - [Avanti Communications]
13th Sep 20169:10 amRNSForm 8.5 (EPT/NON-RI) Avanti Comm Grp
12th Sep 201610:42 amRNSForm 8.5 (EPT/NON-RI)
12th Sep 20168:42 amRNSForm 8.5 (EPT/NON-RI) Amendment Avanti Comm
9th Sep 201611:55 amRNSForm 8.3 - Avanti Communications Group plc
9th Sep 20169:48 amRNSForm 8.3 - Avanti Communications Group
9th Sep 20169:27 amRNSForm 8.5 (EPT/NON-RI)
9th Sep 20168:45 amRNSForm 8.5 (EPT/NON-RI) Avanti Comm Group Plc
8th Sep 201611:55 amRNSForm 8.3 - Avanti Communications Group plc
8th Sep 201610:03 amRNSForm 8.3 - Avanti Communications Group
8th Sep 20168:01 amRNSForm 8.5 (EPT/NON-RI) Avanti Comm Group Plc
7th Sep 201611:55 amRNSForm 8.3 - Avanti Communications Group plc
7th Sep 20169:25 amRNSForm 8.5 (EPT/NON-RI)
7th Sep 20168:28 amRNSForm 8.3 - [Avanti Communications]
7th Sep 20168:00 amRNSForm 8.5 (EPT/NON-RI) Avanti Comm Group Plc
6th Sep 20165:11 pmRNSForm 8.3 - Avanti Communications Group Plc
6th Sep 20164:38 pmRNSForm 8.3 - Avanti Communications Group Plc
6th Sep 201611:55 amRNSForm 8.3 -Avanti Communications Group plc
6th Sep 20169:49 amRNSForm 8.5 (EPT/NON-RI)
6th Sep 20168:24 amRNSForm 8.3 - [Avanti Communications]
6th Sep 20167:59 amRNSForm 8.5 (EPT/NON-RI) Avanti Comm Group Plc
5th Sep 201611:55 amRNSForm 8.3 - Avanti Communications Group plc
5th Sep 201610:35 amRNSForm 8.3 - Avanti Communications Group
5th Sep 20169:56 amRNSForm 8.5 (EPT/NON-RI)
5th Sep 20168:05 amRNSForm 8.5 (EPT/NON-RI) Avanti Comm Group Plc
2nd Sep 201611:49 amRNSForm 8.3 - Avanti Communications Group PLC
2nd Sep 201610:03 amRNSForm 8.5 (EPT/NON-RI)
2nd Sep 20168:40 amRNSForm 8.3 - [Avanti Communications]
2nd Sep 20168:22 amRNSForm 8.5 (EPT/NON-RI) Avanti Comm Group Plc
1st Sep 201612:02 pmRNSForm 8.3 - [Avanti Communications]
1st Sep 20169:23 amRNSForm 8.5 (EPT/NON-RI)
1st Sep 20167:49 amRNSForm 8.5 (EPT/NON-RI) Avanti Comm Group Plc
31st Aug 20164:56 pmRNSForm 8.3 - Avanti Communications Group plc
31st Aug 20169:57 amRNSForm 8.5 (EPT/NON-RI)
30th Aug 20169:38 amRNSForm 8.5 (EPT/NON-RI)
30th Aug 20167:52 amRNSForm 8.5 (EPT/NON-RI)
26th Aug 201610:35 amRNSForm 8.5 (EPT/NON-RI)
25th Aug 201610:05 amRNSForm 8.3 - [Avanti Communication Group]
25th Aug 201610:03 amRNSForm 8.3 - [Avanti Comminucations Group]
25th Aug 20169:15 amRNSForm 8.5 (EPT/NON-RI)
24th Aug 201610:02 amRNSForm 8.5 (EPT/NON-RI)
23rd Aug 20169:46 amRNSForm 8.5 (EPT/NON-RI)
22nd Aug 20169:14 amRNSForm 8.5 (EPT/NON-RI)
22nd Aug 20168:17 amRNSForm 8.5 (EPT/NON-RI) Avanti Comm Group Plc
19th Aug 201610:11 amRNSForm 8.5 (EPT/NON-RI)

Due to London Stock Exchange licensing terms, we stipulate that you must be a private investor. We apologise for the inconvenience.

To access our Live RNS you must confirm you are a private investor by using the button below.