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Reitmans (Canada) Limited announces its results for the 13 weeks ended May 1, 2021

Reitmans (Canada) Limited announces its results for the 13 weeks ended May 1, 2021
newswire.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from newswire.ca Daily Mail and Mail on Sunday newspapers.

Ernst Young Inc , Company The Option Plan , Company Statement Of Executive Compensation , Other Key Company Updates , Board Of Directors The Company , Reitmans Canada , Canada Emergency Wage Subsidy , Canada Emergency Rent Subsidy , Addition Elle , Thyme Maternity , Superior Court , Companie Creditors Arrangement Act , Non Current Assets Held , Discontinued Operations , Option Plan , Plan Amendments , Executive Compensation , எர்னிஸ்ட இளம் இன்க் , பலகை ஆஃப் இயக்குநர்கள் தி நிறுவனம் , றேதமாண்ஸ் கனடா , கனடா அவசரம் ஊதியம் மானியம் , கனடா அவசரம் வாடகை மானியம் , வறட்சியான தைம் மகப்பேறு , உயர்ந்தது நீதிமன்றம் , தோழர் கடன் வழங்குநர்கள் ஏற்பாடு நாடகம் , அல்லாத தற்போதைய சொத்துக்கள் கட்டுப்பாட்டில் ,

Investegate |Daily Mail & General Announcements | Daily Mail & General: Half Year 2021 Results

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Revenue down 12% underlying
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Cash operating income² down 13% underlying; 11% margin
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Adjusted³ operating profit down 19% underlying; 9% margin
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Adjusted profit before tax down 20% underlying
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Adjusted EPS up 12%
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Interim dividend increased +1% to 7.6p
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Statutory
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Active portfolio management strategy delivering value creation:
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Increased investment in Cazoo in October 2020; proposed transaction values stake at c.US$1.35bn
5 vs £117m total investment
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Disposal of EdTech (Hobsons) for c.US$410m in March 2021
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Acquisition of New Scientist for £67m in March 2021
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Strong financial position maintained: pro forma net cash £293m
6 and £362m of committed undrawn ....

New York , United States , United Arab Emirates , United Kingdom , Republic Of , New York Stock Exchange , Northern Ireland , City Of , West Sussex , Paul Zwillenberg , Cabot Square , Tim Burt , Capri Listco , Doug Campbell , Jp Morgan Cazenove , Fran Sallas , Edtech Hobsons , Adam Webster , Tim Collier , Landmark Information Group , Impact Of United Kingdom Corporation Tax , Group Pension Schemes , United Kingdom Financial Conduct Authority , Group Directors , Owners Of The Company , Lawlink United Kingdom Ltd ,

First quarter of 2021: Rheinmetall posts strong start to the year – operating result and margin more than doubled

Consolidated operating result rises from ?34 million to ?87 million ? an increase of ?53 million
Margin more than doubles to 6.2% after 2.5% in same quarter of previous year
Operating free cash flow improves by ?129 million to ?-59 million
Earnings per share almost quadruple from ?0.30 to ?1.14
Outlook for 2021 confirmed and adjusted to new reporting structure
The Düsseldorf-based Rheinmetall AG started fiscal 2021 with sales growth and significantly improved earnings in the first three months. In terms of sales, Rheinmetall benefited in the first quarter from the continuing economic recovery of the automotive industry and from ammunition deliveries that had originally been expected in the second quarter of 2021 but were moved forward by the customers. In addition to the sales growth, the increase in earnings resulted particularly from the cost reduction measures initiated in 2020 in response to the production declines in the automotive industry due to the pan ....

Armin Papperger , Electronic Solutions , Alutech Group , Nonferrous Components Shanghai Co , Rheinmetall Group , Chief Executive Officer , Vehicle Systems , Air Defence , Tech Group , Non Current Assets Held , Discontinued Operations , மின்னணு தீர்வுகள் , தலைமை நிர்வாகி அதிகாரி , வாகனம் அமைப்புகள் , அேக பாதுகாப்பு , தொழில்நுட்பம் குழு , அல்லாத தற்போதைய சொத்துக்கள் கட்டுப்பாட்டில் , நிறுத்தப்பட்டது செயல்பாடுகள் ,

First quarter of 2021: Rheinmetall posts strong start to the year – operating result and margin more than doubled

Consolidated operating result rises from ?34 million to ?87 million – an increase of ?53 million
Margin more than doubles to 6.2% after 2.5% in same quarter of previous year
Operating free cash flow improves by ?129 million to ?-59 million
Earnings per share almost quadruple from ?0.30 to ?1.14
Outlook for 2021 confirmed and adjusted to new reporting structure
The Düsseldorf-based Rheinmetall AG started fiscal 2021 with sales growth and significantly improved earnings in the first three months. In terms of sales, Rheinmetall benefited in the first quarter from the continuing economic recovery of the automotive industry and from ammunition deliveries that had originally been expected in the second quarter of 2021 but were moved forward by the customers. In addition to the sales growth, the increase in earnings resulted particularly from the cost reduction measures initiated in 2020 in response to the production declines in the automotive industry due to the p ....

Armin Papperger , Electronic Solutions , Alutech Group , Nonferrous Components Shanghai Co , Rheinmetall Group , Chief Executive Officer , Vehicle Systems , Air Defence , Tech Group , Non Current Assets Held , Discontinued Operations , மின்னணு தீர்வுகள் , தலைமை நிர்வாகி அதிகாரி , வாகனம் அமைப்புகள் , அேக பாதுகாப்பு , தொழில்நுட்பம் குழு , அல்லாத தற்போதைய சொத்துக்கள் கட்டுப்பாட்டில் , நிறுத்தப்பட்டது செயல்பாடுகள் ,

IPSASB proposes changes in public sector accounting

IPSASB proposes changes in public sector accounting
accountingtoday.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from accountingtoday.com Daily Mail and Mail on Sunday newspapers.

Ian Carruthers , International Financial Reporting Standards , International Public Sector Accounting Standards Board , International Public Sector Accounting Standards , International Federation Of Accountants , International Federation , Federal Accounting Standards Advisory Board , Governmental Accounting Standards Board , Conceptual Framework Update , Financial Statements , Non Current Assets Held , Discontinued Operations , ஈயந் கற்றுத்தேர்ஸ் , சர்வதேச நிதி புகாரளித்தல் தரநிலைகள் , சர்வதேச பொது துறை கணக்குவைப்பு முறை தரநிலைகள் பலகை , சர்வதேச பொது துறை கணக்குவைப்பு முறை தரநிலைகள் , சர்வதேச கூட்டமைப்பு ஆஃப் கணக்காளர்கள் , சர்வதேச கூட்டமைப்பு , அரசு கணக்குவைப்பு முறை தரநிலைகள் பலகை , நிதி அறிக்கைகள் , அல்லாத தற்போதைய சொத்துக்கள் கட்டுப்பாட்டில் , நிறுத்தப்பட்டது செயல்பாடுகள் ,