logo
Plus   Neg
Share
Email

RM Plc: FY Results In-line With Expectations - Quick Facts

RM plc (RM.L) stated that its Board expects results for the financial year ended 30 November 2019 to be in-line with expectations. Net debt at the year-end was 15 million pounds after funding the acquisition of SoNET. The Group's preliminary results will be released in early February 2020.

David Brooks, Chief Executive of RM, said: "Whilst trading has remained challenging in our resources business in 2019, we have seen growth in our two technology divisions benefitting from encouraging early progress following our acquisition of SoNET."

For comments and feedback contact: editorial@rttnews.com

Business News

Editors Pick
Online-video streaming giant Netflix Inc. (NFLX), Tuesday reported a fourth-quarter profit that trounced Wall Street estimates, as revenues surged 31% driven by strong subscriber growth. Netflix added 8.76 million subscribers globally in the quarter, above its forecast of 7.60 million, to end the... Fast food chain Krystal Company has filed for bankruptcy, according to reports. The Atlanta-based Krystal filed for Chapter 11 on Sunday in the U.S. Bankruptcy Court in Atlanta. In the filing, the company reportedly disclosed assets between $10 million and $50 million, and liabilities between $50 million and $100 million. The chief executive officer of Google's parent company Alphabet called for artificial intelligence or AI to be regulated, noting that there are real concerns about the potential negative consequences of the technology. According to Alphabet CEO Sundar Pichai, there are real concerns about the negative consequences of AI, from deepfakes to nefarious uses of facial recognition.
RELATED NEWS
Follow RTT
>