Andes quadruples profits
11th May 2011 12:50
Profits at Argentinian energy firm Andes Energia leapt 450% in 2010, due primarily to the performance of its stake in an electricity distributor. The group recorded a profit before tax of $22m on revenue of $171m for the year. This compared to a profit before tax of $4m on revenue of $139m in 2009.
Read moreAndes Energia expands in Argentina
25th Mar 2011 15:18
Latin American energy group Andes Energia now has a 34% working interest in the Vega Grande oil and gas project in the Mendoza province, Argentina, following two separate transactions. A 24% interest will be satisfied by the exchange of 10.25m ordinary shares to be issued on 1 April. Additionally,
Read moreSmall caps round-up: Andrews Sykes, Northbridge, Sceptre...
29th Sep 2010 13:47
Air conditioning unit hirer Andrews Sykes lifted profits to £7.11m, from £6.5m, in the half year to June, despite sales weakening a little to £27.6m. Overall, the board is cautiously anticipating a reasonable performance for the rest of 2010, it added. India-focused investment group EIH increased n
Read moreAndes Energia To Trade On Argentina's Stock Exchange This Week
14th Jun 2010 16:20
By Taos Turner Of DOW JONES NEWSWIRES BUENOS AIRES (Dow Jones)--Andes Energia PLC (AEN.LN), an Argentine-based energy group, expects its shares to start trading on the Buenos Aires Stock Exchange this week, the company's chief executive said in an interview. Andes isn't issuing new share
Read moreAndes Energia Completes Total Return Swap Agreement >AEN.LN
14th Jun 2010 07:42
LONDON (Dow Jones)--Andes Energia PLC (AEN.LN), a Latin American energy group, said Monday it has completed its total return swap agreement, or TRS, with Deutsche Bank AG (DB) and a TRS participation agreement, or TRSPA, with Magnus International S.A., a Chilean financial institution. MAIN FACTS
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