Daily Mail & General Trust Q1 Revenue Down; Says Confident In Long-term
LONDON (dpa-AFX) - Daily Mail and General Trust plc (DMGT.L) reported Thursday that its first-quarter Group revenue was 304 million pounds, down 20 percent on a reported basis, and down 15 percent on an underlying basis. Excluding Events & Exhibitions, underlying revenues declined 5 percent.
The company noted that first-quarter revenue was in line with management expectations. Looking ahead, the company said trading environment remains uncertain, and it has continued confidence in the long-term.
In its trading update, the company said Consumer Media, which accounts for 54 percent of total revenues, recorded 9 percent drop in revenues on a reported basis, and underlying revenues fell 13 percent. Events & Exhibitions revenues plunged 95 percent, impacted by Covid-19 pandemic. This was partially offset by growth in digital advertising.
Air Liquide Strengthens Its Long-Term Relationship With BASF in South Korea
Regulatory News:
Air Liquide (Paris:AI) and BASF, a world-leading chemical company, have signed a contract in South Korea s Yeosu National Industrial Complex to extend the term of their existing agreements over the long term. Within this context, Air Liquide leveraged the start-up in 2020 of its fourth hydrogen and carbon monoxide unit in this major industrial complex to increase by 20% the contractual volumes dedicated to BASF.
Air Liquide s first contract with BASF in Yeosu was signed 20 years ago. Since then, Air Liquide has significantly developed its industrial footprint in the Yeosu basin, culminating in the construction of a state-of-the-art, highly efficient hydrogen and carbon monoxide plant designed and built by Air Liquide s Engineering and Construction. This latest unit, which started up in 2020, is fully integrated with Air Liquide s three other plants through its 40 km pipeline supply networ
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Canadian pension funds are seeking to boost their real estate investments, betting the slumping property market will recover as the COVID-19 pandemic recedes and office workers and city dwellers return to downtown properties.
Canadian pension funds held $278.7-billion in property assets in 2019, up 4 per cent from 2018, according to the Pension Investment Association of Canada, making them the country’s largest real estate owners.
Rugby: Recent history bodes well for departed All Blacks who intend to return ahead of 2023 Rugby World Cup
21 Jan, 2021 05:00 PM
6 minutes to read
From left to right: Beauden Barrett, Brodie Retallick and TJ Perenara. Photos / Photosport
Multimedia Sport Journalist
A host of household All Blacks names have headed offshore to pursue other playing opportunities, and while their departures will leave holes of varying sizes in the national team in the short term, they all have one thing in common.
They intend to return and reintegrate themselves into the All Blacks, with the 2023 Rugby World Cup likely the main attraction.
Filtered within their achievable hopes of putting the black jersey on again are likely met with apprehensive determination to maintain a level of fitness and form, and run out in France in two years time.