RM2 International's shares plummet as results likely to miss deadline
26th Jun 2019 12:46
(Sharecast News) - RM2 International's share plummeted more than 70% on Wednesday after the company said its shares were likely to be suspended as there is a strong likelihood it will be unable to publish its 2018 accounts by the end of June.
Read moreRM2's expectation of turning EBITDA positive appears 'challenging'
14th Sep 2018 08:38
(Sharecast News) - RM2 trimmed costs to reduce losses in the first half of its trading year despite a contraction in revenues but said it would be difficult to break even in the coming year.
Read moreRM2 successfully wraps up trial with Fortune 500 customer
7th Sep 2018 10:01
(Sharecast News) - RM2 has successfully completed a 100-unit trial with an unnamed world leader in the logistics industry.
Read moreRM2 playing testing role in AT&T LTE-M development
15th Feb 2017 16:26
(ShareCast News) - US telecoms giant AT&T announced plans for a nationwide deployment of its LTE-M network for Internet of Things uses ahead of schedule in second quarter of 2017 on Wednesday, with AIM-traded technology firm RM2 playing a significant testing role. AT&T said it was also planning LTE-
Read moreRM2 to show-off smart packing solutions with AT&T
4th Nov 2016 14:36
(ShareCast News) - Pallet development, management and supply company RM2 International announced on Friday it will participate in AT&T's LTE-M network pilot that promises to boost connections for the so-called 'Internet of Things' (IoT). The AIM-traded firm said it will introduce the RM2ELIoT produc
Read morePactiv to buy RM2 International's pallets
2nd Nov 2016 11:08
(ShareCast News) - Sustainable pallet developer RM2 International agreed that Pactiv, a subsidiary of US packaging company Reynolds Group, will buy and use its pallet product. Pactiv added RM2 to its list of clients and agreed to purchase and use hundreds of the company's BLOCKPal pallets for all no
Read moreRM2 quadruples revenues but significantly widens loss
30th Jun 2016 13:17
(ShareCast News) - Vertically-integrated pallet developer, manufacturer and supplier RM2 International reported on year in which it quadrupled its revenues on Thursday, reaching $8m compared with $2m a year ago. The AIM-traded firm significantly widened its operating loss in the 2015 calendar year,
Read moreRM2 to raise £30m as losses widen
30th Sep 2015 10:06
(ShareCast News) - RM2 International said it planned to raise £30m through a share placing as it reported wider first half losses. The pallet development, manufacture, supply and management company posted an increase in revenue from $0.78m (£0.51m) to $1.77m (£1.16m). Post-tax losses widened fro
Read moreRM2 International director buys shares after strong maiden results
16th Jun 2015 15:31
A non-executive director at RM2 International increased his stake in the company one day after it reported a trim in pre-tax profits and a boost in revenues in 2014. Paul Walsh purchased 100,000 shares for an individual price of 68.5p, spending £68,500. Following the transaction, Walsh holds 1.7m s
Read moreRM2 International narrows loss with surging revenue
15th Jun 2015 09:53
RM2 International expressed a positive outlook as it narrowed its pretax profit loss and significantly boosted its revenue in 2014. The shipping pallet seller and provider posted a pretax loss of $47.3m in the 12 months to 31 December, an improvement from $77.2m in 2013. Revenue soared to $2m from
Read moreRM2 appoints new chief financial officer
1st Sep 2014 13:14
RM2 International has appointed Jean-François Pierre Blouvac as its new chief financial officer (CFO). Blouvac, who previously worked for L'Oreal, succeeds Ash Mohindra, who served as CFO since 2008. Mohindra assisted the company through its initial public offering in January 2014. Non-executive
Read moreWednesday tips round-up: Serco, RM2 International
13th Aug 2014 10:04
Outsourcing specialist Serco's latest set of half-year results make for grim reading. On the positive side of things, the company seems to have its eye on the ball, improving its return on capital employed. Auspiciously, if one is optimistic, its new chief executive Rupert Soames - the ex-boss at Ag
Read moreRM2 International boss buys £0.6m of shares
18th Jul 2014 14:51
Pallet manufacturer RM2 International, which floated on the stock market at the start of the year, has announced that its boss John Walsh has bought one million shares in the company. Former banker Walsh, who has been RM2's Chief Executive since its inception, purchased the shares at a price of 61.
Read moreBoohoo Chairman increases stake after results beat expectations
17th Jun 2014 16:05
Peter Williams, the Non-Executive Chairman of boohoo.com, has upped his stake in the AIM-listed fashion retailer to 2.2m shares. The Chairman added 100,000 shares at 50.68p each in a transaction worth £50,680. The deal was made just a few days after the recently floated company delivered record
Read moreBerkeley directors trade in vested shares
31st Jan 2014 15:49
Three directors of Berkeley Group have sold a collective 65.29m pounds-worth of shares in the housebuilder after they vested under the group's long-term incentive plan. A statement from the company said the proceeds were used principally to enable them to meet the tax, national insurance and costs
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