End of year financial results

[Rommagic]

Are they end of next week for the RM?

[postslippete]

Aye, I believe it is this month with the annual report due in June. The takeover deal for IDS has also been declared unconditional with over 80% of shareholders accepting the offer

[Rommagic]

Reading could be end of may.

[datasaint]

Will they still have to announce profits/loss once Kretinsky takes it off the stock market?

[SkiSunday]

Will they still have to announce profits/loss once Kretinsky takes it off the stock market?

Nope

[funkflex55]

At least they'll stop saying we're losing a million a day then. It will be interesting to see just how quickly the new owner can asset strip the company and then declare letters are not feasible. I give it 4 years at most..

[buchanpeter]

Think this time around the company is meant to be back in profit.
Prolly should have started pay talks after the results were available.
Prolly get a small 5% payrise and say the company has no money. Then the following week the company is back making millions again.

[mr hil.]

In the last pay deal we agreed to receive a share of any RM profits, does this agreement still stand and will it continue under DK?

Profit Share
The decision by the Board last year to hand £600 million to shareholders when fully aware of an impending financial crisis was reckless and irresponsible.
The union has delivered an agreement that will see the first 20% of future profit delivered in a lump sum payment to the people that created it – you, as frontline workers.
Never again can we let them repeat the mistakes of the past.

[Rommagic]

Still waiting.

[Jefferson Starfish]

Still waiting.

For what?

RM is owned by DK now, he doesn't have to issue financial results in the same way as before.

[SkiSunday]

Still waiting.

For what?

RM is owned by DK now, he doesn't have to issue financial results in the same way as before.

Ah! That's awfully convinient.