RPC Group beats expectations as Superfos buy lifts turnover June 21, 2011 Europe’s leading plastic-packaging supplier RPC Group announced their full-year results, which where better than expected strengthened by the acquisition of its peer and cost cuts. The results for the year ended 31 March 2011 showed that sales increased by £99.3m to £819.2m due to nine per cent growth on a like-for-like basis and the inclusion [...]
RPC Group beats expectations as Superfos buy lifts turnover June 21, 2011 Europe’s leading plastic-packaging supplier RPC Group announced their full-year results, which where better than expected strengthened by the acquisition of its peer and cost cuts. The results for the year ended 31 March 2011 showed that sales increased by £99.3m to £819.2m due to nine per cent growth on a like-for-like basis and the inclusion [...]
BEST OF THE BROKERS December 1, 2011 RPC GROUP JP Morgan rates the plastic packaging group as “overweight” and raises its target price to 410p from 394p, after the company reported more than 100 per cent growth in interim adjusted operating profit to £45.4m – seven per cent above the broker’s estimate. JP Morgan increases its operating profit estimates in 2012 and 2013 by [...]
RPC Group to buy rival firm Superfos December 16, 2010 PLASTIC packaging maker RPC Group said yesterday it planned to buy its Danish rival Superfos for €240m (£204.7m) in a deal likely to boost its market share and expand its operations into new countries. RPC said it would fund the acquisition through a rights issue and debt in the form of a new €130m term [...]
RPC Group to buy rival firm Superfos December 16, 2010 PLASTIC packaging maker RPC Group said yesterday it planned to buy its Danish rival Superfos for €240m (£204.7m) in a deal likely to boost its market share and expand its operations into new countries. RPC said it would fund the acquisition through a rights issue and debt in the form of a new €130m term [...]
CITY MOVES | WHO’S SWITCHING JOBS June 5, 2011 Merchant Securities Lindsey Hamilton, formerly head of wealth management at WH Ireland Group, has been appointed as sales director of Merchant Securities Wealth Management. In addition, Chris Theis will join Merchant Securities Limited in August as head of institutional sales and research, moving from Daniel Stewart & Co. AXA Real Estate The real estate manager [...]
CITY MOVES | WHO’S SWITCHING JOBS July 28, 2011 Cisco Systems One of the world’s largest global IT companies has appointed Phil Read as operations director for its finance and professional services business. Read rejoins Cisco after a four-year stint as a sales and marketing director at BT. In his new role, he will be responsible for the sales and engineering teams responsible for [...]
CITY MOVES | WHO’S SWITCHING JOBS July 28, 2011 Cisco Systems One of the world’s largest global IT companies has appointed Phil Read as operations director for its finance and professional services business. Read rejoins Cisco after a four-year stint as a sales and marketing director at BT. In his new role, he will be responsible for the sales and engineering teams responsible for [...]
FSA keeps business waiting for approval October 10, 2010 BUSINESSES looking to receive authorisation from the Financial Services Authority (FSA) are now waiting longer for approval, finds new research. Financial services firms looking to receive authorisation from the FSA had to wait up to 21.1 weeks during the second quarter to get the regulatory nod. This marks an eight per cent rise on the [...]
Firms: Cuts to red tape not enough August 5, 2010 THE government’s latest attempts to cut red tape for businesses were last night slammed by industry leaders, who called them unambitious and lacking in political will. The initiative, headed by Vince Cable, calls for the introduction of a “one in, one out” policy from 1 September, which means that for every new regulation Whitehall introduces, [...]