News: Colt Group SA (COLT.L)

COLT.L on London Stock Exchange

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Thu, Feb 26 2015

UPDATE 2-Telecoms provider Colt's profit hurt by lower voice revenue

* One time hit of 31.1 mln euros due to withdrawal of voice contracts (Adds CEO comments, details, updates share movement, Thomson Reuters I/B/E/S profit estimate)

Telecoms provider Colt's profit hurt by lower voice revenue

Feb 26 - Telecommunications company Colt Group SA reported a 45.8 percent drop in full-year pretax profit, hurt by lower revenue from its voice and IT services divisions.

BRIEF-Colt Group SA FY revenue fell 5.1 percent to 1.5 billion eur

* Colt group financial performance in 2014 reflected ongoing transformation of our business, with a disappointing first half, but a second half that delivered to expectations

BRIEF-Colt buys Asian networking, data centre group KVH

* Announces global expansion of information delivery platform through proposed acquisition of kvh

Telecoms provider Colt Group's third-quarter EBITDA falls 5.5 pct

Oct 23 - Telecoms provider Colt Group SA reported a 5.5 percent drop in third-quarter core earnings, hurt mainly by lower revenue from its voice services.

BRIEF-Colt Group Q3 revenue down 8.4 pct

* From a currency perspective sterling's strength against euro contributed to revenue performance by c.eur 8 million

Colt Group appoints new CFO as Ferrari returns to Fidelity

Oct 17 - Telecoms provider Colt Group SA said Chief Financial Officer Mark Ferrari would leave the company at the end of the year and appointed Hugo Eales in his place effective Nov. 1.

BRIEF-Colt Group SA appoints Hugo Eales as CFO

* Colt Group S.A. appoints Hugo Eales as chief financial officer

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