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IWG Says To Close Some Sites, FY Rev Rises

Wednesday, 6 Mar 2019 02:01am EST

March 6 (Reuters) - IWG Plc ::CURRENT PIPELINE VISIBILITY ON 2019 NET GROWTH CAPITAL EXPENDITURE AT END OF FEBRUARY 2019 OF APPROXIMATELY £200M.FY GROUP REVENUE UP 9.7% TO £2,535.4M.FY MATURE REVENUE INCREASED 4.6% TO £2,237.8M.FY OPERATING PROFIT OF £154.1M, IN LINE WITH MANAGEMENT'S EXPECTATIONS.FY DIVIDEND PER SHARE 6.30P.WILL HAVE A STRONG FOCUS ON MARGIN IMPROVEMENT.HAVE HAD A STRONG START TO 2019.POSITIVE TRENDS IN GLOBAL SALES ACTIVITY HAVE STRENGTHENED ORDER BOOK.GLOBAL MACRO-ECONOMIC & GEO-POLITICAL UNCERTAINTIES , MAKES IT SENSIBLE TO DEVELOP BUSINESS WITH SOME CAUTION.REMAINS CONFIDENT IN OUR PROSPECTS FOR YEAR AHEAD AND TRADING OUTLOOK FOR 2019 REMAINS IN LINE WITH MANAGEMENT'S EXPECTATIONS.BUSINESS IN UK HAS FACED CHALLENGES IN RECENT TIMES.WE TOOK CORRECTIVE ACTIONS TO ADDRESS UK CHALLENGES WHICH NEGATIVELY AFFECTED OUR FINANCIAL PERFORMANCE DURING 2018.FOCUSED ON COMPLETING REVITALISING OF OUR UK OPERATIONS THROUGH FURTHER SELECTIVE CLOSURES, REFURBISHING SITES.EVEN TAKING POTENTIAL IMPACT OF BREXIT INTO ACCOUNT, WE REMAIN POSITIVE ABOUT MEDIUM TO LONG-TERM FUTURE OF UK MARKET.ELMAR HEGGEN WILL RESIGN AS A NON-EXECUTIVE DIRECTOR.RECOMMENDING A 10% INCREASE IN FINAL DIVIDEND TO 4.35P.

JSB says integration of nursing-care service and food service business

Wednesday, 8 Aug 2018 03:30am EDT

Aug 8 (Reuters) - JSB Co Ltd <3480.T>:Says it will integrate units' nursing-care service business and food service business .

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