Global Rail Solutions News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Stay updated with breaking news from Global rail solutions. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.

Top News In Global Rail Solutions Today - Breaking & Trending Today

Investegate |Maestrano Group PLC Announcements | Maestrano Group PLC: Half-year Report


 
·
Total revenue up 128% in reported currency and 126% at constant currency.  This increase reflects the strong business growth from Airsight (acquired 1 November 2019).
 
·
Total expenses increased by 37% (36% at constant currency) as the Company invested in additional engineers and sales staff, particularly in the USA, in response to the large-scale opportunities apparent to the board and management.
 
·
Underlying EBITDA before exceptional one-off items was a loss of £681K, a 6% improvement, driven by the increase in expenses being balanced by increased revenue.
It should be noted that H1 2019 expenses and EBITDA have been adjusted following a change in the accounting recognition of the research and development rebate from November 2019 to June 2019. ....

United States , New Zealand , United Kingdom , City Of , Nicholas Smith , Robert Lojszczyk , Ian Buddery , Owners Of Maestrano Group , Maestrano Group Plc The , Maestrano Group , Airsight Holdings Pty , Airsight Holdings Corridor , Network Rail , Airsight Holdings , Artificial Intelligence , Net Assets , Arden Partners , Nominated Adviser , Ruari Mcgirr , Akhil Shah , Market Abuse Regulations , Chief Executive , Group Plc , Vice President Americas , Global Rail Solutions , Flight Direction ,