Issue link: https://maltatoday.uberflip.com/i/958047
47 Events maltatoday SUNDAY 25 MARCH 2018 GO adds Moto GP to sports line-up GO has secured the exclusive rights to broadcast Moto GP, Moto 2, Moto 3 for the 2018 season. In addition, it has also secured the exclusive rights to F2 and GP3, which in addition to the rights GO has renewed for Formula One, will provide motor sports enthusiasts with a year of excitement and enter- tainment. All Formula One, Moto GP, Moto 2 and Moto 3 qualifying sessions and races will be shown live on GO Sports 1, starting from this weekend. Additional- ly, free practice and warm up of Moto GP, as well as warm ups of Moto 2 and Moto 3, and F2 and GP3 races will also be shown live on GO Sports 1. For this coming weekend, GO Sports 1 will also be available to all GO TV subscribers for free, giving all motorsports fans who are GO customers the opportuni- ty to enjoy this opening weekend of racing for the 2018 season. Ex- isting GO TV subscribers who do not currently have a sports package but who wish to up- grade in order to be able to en- joy the full season of live motor- sport can do so for an additional €7.99 per month. Charmaine Farrugia, Chief Of- ficer Corporate Strategy and Busi- ness Planning at GO, said, "GO continues to invest significantly in TV in order to give customers the content they want, when they want it. In addition to premium sports and entertainment, now also including exclusive rights to broadcast Moto GP, our TV Anywhere app and On Demand services are enabling customers to enjoy our content where and as they please. GO is and will remain committed to being the premier provider of the best possible TV experience in Malta." MAPFRE Middlesea registers profit before tax of €17.71 million THE board of directors has an- nounced that the total group profit before tax for the year end- ing 2017 amounted to €17.71 mil- lion as compared to €11.65 mil- lion during the previous year with after tax profits at €13.52 million compared to €8.93 million in 2016. MAPFRE Middlesea p.l.c., as a standalone company registered a turnover of €61.94 million in gross premium written, a 3.2% increase over the previous year, thus retaining market leadership. The technical results rebounded strongly due to an improved com- bined ratio following the correc- tion of the motor tariff in 2017. Investment income, though re- duced marginally from the previ- ous years, was driven by improved property income and fair value movements. The dividends from Group com- panies increased to €7.08 million from €2.67 in 2016, the Company registered a profit before tax of €12.17 million, compared to a profit of €2.48 million in 2016. Profit after tax increased from €2.60 million in 2016 to €10.34 million in 2017. These results include results of €12.31 million profit before tax of MAPFRE MSV LIFE p.l.c.. MAP- FRE MSV reported a turnover of €291.46 million compared to €274.50 million in 2016 as a result of increases in demand across all products in particular single pre- mium savings contracts and life protection business. Equity and bond markets produced robust yet weaker returns than those gener- ated in the previous year with net investment income decreas- ing from €78.1 million in 2016 to €66.4 million in 2017. The profit after tax consolidated for FY 2017 amounted to €10.02 million (2016: €8.59 million). Total Group capital and reserves attributable to shareholders were at €99.88 million, compared to €86.83 million in 2016. The Company maintained a strong balance sheet, with its Shareholders' equity amounting to €68.84 million still maintain- ing a strong regulatory solvency position. A gross dividend in respect of year ended 31 December 2017 of €0.11304 per share amounting to a total dividend of €10,400,000 is to be proposed by the directors at the forthcoming annual general meeting, with the net dividend being €9,700,000 or €0.10543 per share. The Board outlook for 2018 is one of cautious optimism where the demand for general business is expected to continue to grow while the demand for the pro- tection savings and investments products in life is expected to re- main strong. The company will continue to maintain strong focus on cus- tomers through the implementa- tion of a number of initiatives to strengthen the digital platform and widen the digital marketing strategy. Fuzetea Zero celebrates surprising fusions that are unexpectedly delicious with Zero Calories CREATED through a fusion of tea, fruit and other natural in- gredients, FUZETEA delivers a fresh, contemporary expression of tea. This new range comes in a multi-layered balanced infusion of teas, herbs and juices giving a unique blend of great tasting teas which will revive the senses. The Zero range comes in Black tea blended with white peach whilst Green Tea is mixed with passionfruit for a unique sweet tangy low calorie option. Fuzetea is sweetened only from natural sources making it a low calorie alternative without the guilt feeling. "Fuzetea is an exciting brand that we are delighted to bring to the Maltese market. We see a big opportunity to breathe some new life into the category and of- fer consumers a genuinely new proposition with new flavours, fusions and zero calories that will change the way they think about iced tea," said Maria Mi- callef, COO at GSD Marketing Ltd. "We're positioning tea in a way consumers have never seen be- fore by delivering a brand experi- ence defined by innovation. This also proves our vision to becom- ing a total beverage company and offering consumers more sophisticated flavours with less sugar and more benefits. More- over the Zero range shows the real commitment to achieve the UNESDA sugar reduction pledge by 10% by 2020, well ahead of its time. " With Fuzetea's blend of natu- ral ingredients – tea, juice and a touch of herbs – create delicious and stimulating flavour combi- nations that offer refreshment and provide moments of relaxa- tion, appealing to both the body and the mind.