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Connect Group PLC (CNCTC.L)

CNCTC.L on London Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Connect Group Appoints Jozef (Jos) Opdeweegh As CEO
Monday, 30 Jul 2018 02:01am EDT 

July 30 (Reuters) - Connect Group PLC ::APPOINTMENT OF NEW CHIEF EXECUTIVE OFFICER.JOZEF (JOS) OPDEWEEGH HAS BEEN APPOINTED CHIEF EXECUTIVE OFFICER.OPDEWEEGH JOINING BOARD ON 1 SEPTEMBER 2018.  Full Article

Connect Group Says Disposal Of Books Division To Aurelius
Thursday, 15 Feb 2018 02:00am EST 

Feb 15 (Reuters) - Connect Group Plc ::DISPOSAL OF BOOKS DIVISION TO AURELIUS.DISPOSAL OF BOOKS DIVISION TO AURELIUS.‍HAS AGREED REVISED TERMS AND COMPLETED DISPOSAL OF ITS BOOKS DIVISION​.‍DEAL FOR A TOTAL CASH CONSIDERATION OF £6M WHICH WAS PAID AT COMPLETION​.  Full Article

Connect Group Says Aurelius Failed To Complete Transaction Before Agreed Deadline
Thursday, 1 Feb 2018 02:00am EST 

Feb 1 (Reuters) - Connect Group Plc ::UPDATE ON THE DISPOSAL OF THE BOOKS DIVISION.‍UPDATE ON DISPOSAL OF BOOKS DIVISION TO AURELIUS EQUITY OPPORTUNITIES​.AURELIUS FAILED TO COMPLETE TRANSACTION BEFORE AGREED DEADLINE OF MIDNIGHT ON JAN 31, AS IT WAS OBLIGATED TO DO UNDER TERMS OF SPA​.‍CONSIDERING WITH ITS ADVISERS WHAT ACTION IT WILL NOW TAKE IN LIGHT OF THIS DEVELOPMENT​.  Full Article

Connect Says FY Adjusted Pre-Tax Profit For Continuing Operations To Be £42 Mln To £45 Mln​
Monday, 22 Jan 2018 02:23am EST 

Jan 22 (Reuters) - Connect Group Plc ::‍TOTAL GROUP REVENUE FOR CONTINUING OPERATIONS OF £564.5M (FY2017: £584.9M) HAS DECREASED BY 3.5% YEAR TO DATE​.‍EXPECTS FULL YEAR ADJUSTED PROFIT BEFORE TAX FOR CONTINUING OPERATIONS TO BE IN RANGE OF £42M TO £45M​.  Full Article

Connect Group ‍Signs Agreement To Dispose Books Division
Thursday, 21 Dec 2017 02:00am EST 

Dec 21 (Reuters) - Connect Group Plc ::DISPOSAL OF BOOKS DIVISION.‍SIGNED AGREEMENT TO DISPOSE BOOKS DIVISION (CONNECT BOOKS) WITH AURELIUS EQUITY OPPORTUNITIES SE & CO. KGAA.DISPOSAL IS FOR TOTAL CASH CONSIDERATION OF UP TO £11.6M​.  Full Article

Connect Group expects return to growth in 2018​
Thursday, 26 Oct 2017 02:00am EDT 

Oct 26 (Reuters) - CONNECT GROUP PLC :‍FINAL DIVIDEND OF 6.7P UP 3.1 PCT, MAKING A FULL YEAR DIVIDEND OF 9.8P, UP 3.2 PCT​.FY ‍PROFIT BEFORE TAX OF 34.2 MLNS TG VERSUS 35.2M MLN STG LAST YEAR.TO CONCENTRATE OUR ACTIVITIES ON OPPORTUNITIES THAT WILL BEST LEVERAGE OUR CORE STRENGTH OF SPECIALIST THIRD-PARTY DISTRIBUTION​.FY ‍REVENUE OF 1.5943 BLN STG VERSUS 1.6458 BLN STG LAST YEAR.TWO-YEAR TRANSFORMATION PROGRAMME ENCOMPASSES COST EFFICIENCIES, NETWORK OPTIMISATION AND NEW CUSTOMER PROPOSITIONS FOR ORGANIC GROWTH​.‍EXPECTS RETURN TO GROWTH IN FY18​.  Full Article

Connect Group says overall performance in 45 weeks to July 15 continues in line with expectations
Monday, 24 Jul 2017 02:00am EDT 

July 24 (Reuters) - CONNECT GROUP PLC ::OVERALL PERFORMANCE IN 45 WEEKS TO 15 JULY 2017 CONTINUES TO BE IN LINE WITH EXPECTATIONS.SAW STRONGER SECOND HALF FROM NEWS & MEDIA OFFSETTING SOFTER TRADING IN PARCEL FREIGHT.  Full Article

Connect sees education & care unit sale completing on or around June 30
Thursday, 1 Jun 2017 02:22am EDT 

June 1 (Reuters) - Connect Group Plc ::Update on disposal of Education & Care division.CMA has earlier today announced that it has unconditionally cleared transaction, paving way for transaction to proceed to completion.‍Expects transaction to complete on or around June 30, 2017​.  Full Article

Connect Group Tesilient reports h1 pre-tax profit 18.1 mln stg
Tuesday, 25 Apr 2017 02:00am EDT 

April 25 (Reuters) - Connect Group Plc ::Resilient H1 performance in more challenging market conditions, no change to outlook.HY revenue £940.5m versus £948.4m year ago.HY profit before tax £18.1m versus £19.2m year ago.HY continuing adjusted profit before tax £23.3m versus £24.5m year ago.Interim dividend of 3.1p reflects confidence in ongoing strength of group.No change in management expectations for full year performance.  Full Article

RM Plc says full year outlook in-line with expectations
Wednesday, 22 Mar 2017 07:07am EDT 

RM Plc - : Full year outlook for group remains in-line with board's expectations . CMA's formal phase 1 review process of deal with connect group expected to commence shortly .Board is recommending a final dividend of 4.50 pence per share.  Full Article

BRIEF-Connect Says CFO David Bauernfeind To Step Down

* CHIEF FINANCIAL OFFICER, DAVID BAUERNFEIND, HAS DECIDED TO STEP DOWN FROM HIS ROLE Source text for Eikon: Further company coverage: