Video: ARE FY18 results overview CEO&CFO

Wednesday, Apr 10 2019 by
2

Arena Events (LON:ARE) FY18 results today, (another IPO from 2018.)

A very helpful video by CEO & CFO: https://www.piworld.co.uk/2019/04/10/arena-group-plc-are-fy-results-to-31st-december-2018/

Following UK operational issues last year, reassuring results. Improvements in revenue and EBITDA. Small increase in dividend. Completed eight acquisitions. Organic growth 11%, great repeat revenue. Positive outlook with plenty of upcoming major events, including US Open. US Ryder Cup and the Tokyo Olympics. Expect a strong 2019 and very strong 2020.

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Arena Events Group Plc is a United Kingdom-based international turnkey event design and delivery company. The Company provides managed solutions from concept and design through to the construction and delivery of temporary structures, seating and interiors for a host of sporting, outdoor and leisure events around the world. Its contracts range in size and complexity from a simple equipment rental for a local outdoor event, to an integrated solution of multiple structures and interiors for an international sporting event. It provides a wide range of services from temporary demountable seating and project management, to the installation of ice rinks as well as the provision of high end catering equipment and event furniture. The Company has operations in the United Kingdom and Europe, Middle East and Asia and the Americas. more »

LSE Price
40p
Change
 
Mkt Cap (£m)
61.1
P/E (fwd)
9.1
Yield (fwd)
4.4



  Is LON:ARE fundamentally strong or weak? Find out More »


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