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Videlio H1 net result group share turns to loss of 0.8 million euros

3:32am EDT

Sept 20 (Reuters) - VIDELIO SA ::ANNOUNCED ON TUESDAY H1 NET REVENUE EUR 120.1 MLN VS EUR 111.2 MLN YEAR AGO.H1 RECURRING OPERATING INCOME EUR 1.3 MLN VS EUR 3.0 MLN YEAR AGO.H1 NET LOSS GROUP SHARE EUR 0.8 MLN VS PROFIT EUR 1.3 MLN YEAR AGO.

Mitie Group says restructuring activities expected to result in headcount reduction of about 480 by end of current FY

2:15am EDT

Sept 20 (Reuters) - Mitie Group Plc :‍EXPECT TO SEE POSITIVE IMPACT OF ENDEAVOURS AS WE MOVE INTO SECOND HALF OF YEAR​.GROUP'S ORDER BOOK IS UP 3% AGAINST 31 MARCH 2017, AT £6.7BN.‍REVENUE TREND IS EXPECTED TO CONTINUE FOR FULL YEAR​.‍H1 COST-TO-SERVE AND GENERAL OVERHEAD IS RUNNING MARGINALLY AHEAD OF LAST YEAR, AND EARLIER EXPECTATIONS​.AT SEPT 30 ‍GROUP'S ORDER BOOK IS UP 3% AGAINST 31 MARCH 2017, AT £6.7BN​.‍ANTICIPATE RECEIPT OF A TERMINATION PAYMENT OF £2M​.‍ANNUALISED SAVINGS TO GROUP ARE EXPECTED TO BE IN REGION OF £850,000 PER ANNUM​.‍INITIATIVES AND ASPECTS OF TRANSFORMATION PROGRAMME EXPECTED TO RESULT IN HEADCOUNT REDUCTION OF APPROXIMATELY 480 BY END OF CURRENT FY.‍EXPECTED THAT DILUTIVE IMPACT OF SHARE ISSUE WILL BE OFF-SET BY A CLAW-BACK OF CERTAIN SHARES ISSUED PURSUANT TO BUY-OUT OF MINORITY SHAREHOLDERS.NOW COMMENCED A GROUP-WIDE IT TRANSFORMATION PROGRAMME​.PROGRAMME WILL SIMPLIFY GROUP'S IT ARCHITECTURE AND CENTRALISE MONITORING, SYSTEM CONTROLS AND MAINTENANCE, ALL WITH GREATER 3 RD PARTY AUTOMATION​.

Brookfield Business announces $600 million equity offering

Tuesday, 19 Sep 2017 04:22pm EDT

Sept 19 (Reuters) - Brookfield Business Partners LP :Brookfield Business Partners LP - ‍agreed to issue 6.7 million limited partnership units at price of $30.00/unit for proceeds of approximately $200 million​.Brookfield asset management, related entities to issue 6.9 million units at offering price for approximately $200 million​.Will also ‍ issue 6.7 million units at offering price by private placement for gross proceeds of approximately $200 million​.

Intertrust says CFO Maarten de Vries to step down

Tuesday, 19 Sep 2017 02:00am EDT

Sept 19 (Reuters) - INTERTRUST NV ::REG-INTERTRUST N.V. ANNOUNCES DEPARTURE OF CHIEF FINANCIAL OFFICER.ANNOUNCES THAT MAARTEN DE VRIES, CHIEF FINANCIAL OFFICER AND MEMBER OF MANAGEMENT BOARD IS TO STEP DOWN.CFO TO STEP DOWN BEFORE END OF YEAR.

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