Issue link: https://maltatoday.uberflip.com/i/950286
maltatoday WEDNESDAY 7 MARCH 2018 12 Business Today Market Summary as at 06/03/2018 Equity Official List Session State ................................................................... Market Closed Number of trades ........................................................... 95 Volume Traded ................................................................. 673,749 Value of € denominated securities .................................... 836,263.92 Value of US$ denominated securities ................................ 0.00 Value of GBP£ denomi nated securities .............................. 0.00 Current Index ................................................................... - Previous Index ................................................................. - Change in Index (%) ......................................................... - Bank of Valletta plc ........................ 1.825 0.00% Mapfre Middlesea plc .................... 1.850 0.00% FIMBank plc .................................. 0.610 0.00% MIDI plc ........................................ 0.334 -1.76% GlobalCapital plc ........................... 0.380 0.00% Plaza Centres plc ........................... 1.060 0.00% GO plc ........................................... 3.580 1.13% RS2 Software plc............................ 1.230 -1.60% Grand Harbour Marina plc ............. 0.730 0.00% Simonds Farsons Cisk plc ............... 6.950 0.00% HSBC Bank Malta plc ..................... 1.900 -2.56% igné Mall plc ................................. 1.000 0.00% International Hotel Investments plc 0.630 0.00% Pefaco International plc ................. 2.240 0.00% Lombard Bank Malta plc ................ 2.400 0.00% Santumas Shareholdings plc ......... 1.500 0.00% Malita Investments plc ................... 0.840 0.60% Malta Properties Company plc ........ 0.480 0.00% Malta International Airport plc ....... 4.900 0.00% PG plc ........................................... 1.330 0.00% MaltaPost plc ................................. 1.910 0.00% Trident Estates plc ......................... 1.900 0.00% Medserv plc .................................. 1.210 0.00% MSE Index GO p.l.c. 2017 results above expectations; operating profit increases by 12% GO p.l.c. today published its financial results for 2017, dur- ing which the Group achieved strong results which were above expectations. GO report- ed robust increases in Group revenues which amounted to €166.3 million (2016: €157.0 million), in Group operat- ing profit which increased by 12.2 % to reach €29.5 mil- lion (2016: €26.3 million), and in Group EBITDA which amounted to €65.6 million (2016: €61.6 million). In view of this encouraging performance, the Directors are recommending a net dividend of €0.13 per share, which is 18.2% higher than the dividend distributed for 2016, to be approved by shareholders at the forthcoming Annual Meeting. 2017 marked another positive year for the Group, which is reaping the results of sound investments in infrastructure as well as in value generating business such as BM Group and Kinetix, which has further extended the Group's ICT offering. GO reports a robust performance, across the Group's operations, in both Malta and Cyprus in spite of an intense competitive environment. In Malta, the increase in use of mobile post-paid services and data services are the main contributors to growth in retail revenues. GO's fibre network coverage was extended and now covers more than 64,000 households representing 37% of households in Malta. In Cyprus, Cablenet's network currently covers approximately 52% of households and is being extended as part of a multi-year programme. During the year under review Cablenet's broadband client base has increased by more than 3,000 subscribers to circa 22% of the market. Revenue generated in Malta has maintained an upward trend, growing by 5.8% to €135.4 million. GO experienced growth in all other retail sectors, particularly through attractive bundling propositions which continue to drive the strong performance at the retail level. Cost of sales, administrative and related costs amounted to €138.0 million (2016: €131.9 million). The main increase of €6.1 million is the result of the increase in sales activity which has driven up the cost of goods sold. GO p.l.c. Chairman, Mohamed Fadhel Kraiem, said, "Our business model is delivering results, as GO continues to maintain a robust operating performance in Malta and now also pursues growth opportunities with Cablenet as a quality challenger in the Cypriot market. Our strong performance was achieved in spite of intense competition, not only from other Maltese operators but also from international operators providing services for free over the Internet. It is encouraging to note that our sustained growth is being driven by an ever increasing number of customers adopting bundles of services; thanks to the loyalty shown by customers to the Group's services, GO is able to continue delivering robust levels of revenues, profitability and cash generation from its core operations." Regular market closed –06/03/2018 Symbol Code Volume Traded Value Traded Trades High Price Low Price Open Price Close Price Change l BOV 59,806 109,001.74 14 1.830 1.820 1.820 1.825 0.000 s GO 23,060 81,858.00 4 3.580 3.540 3.540 3.580 0.040 t HSB 1,953 3,748.48 3 1.920 1.900 1.920 1.900 -0.050 t MDI 36,100 12,057.40 2 0.334 0.334 0.334 0.334 -0.006 s ML 12,385 10,371.48 2 0.840 0.835 0.835 0.840 0.005 l PZC 3,970 4,208.20 1 1.060 1.060 1.060 1.060 0.000 t RS2 44,928 55,943.48 10 1.250 1.230 1.250 1.230 -0.020 t G21A 16,847 19,606.54 2 116.380 116.380 116.380 116.380 -0.040 t G22B 15,000 17,550.30 2 117.030 117.000 117.000 117.030 -0.030 t G28A 14,000 18,636.80 2 133.120 133.120 133.120 133.120 -0.250 t G28B 13,000 16,950.70 2 130.390 130.390 130.390 130.390 -0.100 t G29A 19,500 26,908.05 1 137.990 137.990 137.990 137.990 -0.120 t G30A 10,000 14,081.00 1 140.810 140.810 140.810 140.810 -0.220 t G31A 15,000 21,262.50 1 141.750 141.750 141.750 141.750 -0.610 t G32A 10,000 13,598.00 1 135.980 135.980 135.980 135.980 -0.130 t G32B 30,000 39,975.00 1 133.250 133.250 133.250 133.250 -0.660 t G33A 20,000 26,484.00 1 132.420 132.420 132.420 132.420 -0.180 t G39A 6,000 6,060.00 1 101.000 101.000 101.000 101.000 -0.700 t G40A 23,000 26,884.70 3 116.890 116.890 116.890 116.890 -0.580 t G41A 15,000 15,888.00 2 105.920 105.920 105.920 105.920 -0.360 s 1923A 15,200 15,838.10 2 104.200 104.050 104.200 104.050 0.050 l BV19B 20,000 20,300.00 1 101.500 101.500 101.500 101.500 0.000 l BV20A 10,500 10,799.25 1 102.850 102.850 102.850 102.850 0.000 s BV30A 6,000 6,008.50 2 100.250 100.000 100.000 100.250 0.260 t BV30B 6,000 5,970.00 2 99.500 99.500 99.500 99.500 -0.500 t BX27A 2,000 2,060.00 1 103.000 103.000 103.000 103.000 -0.500 s DF26A 10,000 10,895.00 1 108.950 108.950 108.950 108.950 0.950 s EF27A 5,000 5,082.50 1 101.650 101.650 101.650 101.650 0.050 l GC21A 10,000 9,700.00 1 97.000 97.000 97.000 97.000 0.000 s GH27A 8,200 8,774.00 1 107.000 107.000 107.000 107.000 0.010 l GP23A 9,000 9,360.00 1 104.000 104.000 104.000 104.000 0.000 l HM24A 14,000 14,770.00 1 105.500 105.500 105.500 105.500 0.000 l HP25A 4,600 4,830.00 2 105.000 105.000 105.000 105.000 0.000 t IH25A 18,200 19,656.00 3 108.000 108.000 108.000 108.000 -1.000 t IH26A 50,000 52,006.80 5 104.200 104.000 104.200 104.000 -0.200 s MD26A 34,500 35,963.70 6 104.600 104.000 104.000 104.600 0.600 l MF24A 6,000 6,540.00 1 109.000 109.000 109.000 109.000 0.000 s PC26A 2,000 2,080.00 1 104.000 104.000 104.000 104.000 0.350 l SD27A 5,000 5,200.00 2 104.000 104.000 104.000 104.000 0.000 t ST27A 38,000 39,520.00 2 104.000 104.000 104.000 104.000 -0.490 t VH24A 10,000 9,835.70 2 98.510 98.000 98.510 98.000 -0.510