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Rotala PLC Ord 25P (ROL)

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11-Jan-2021 09:08 AM

Rotala expects to post small annual loss

Bus company Rotala said it expected to post a small annual loss, even after a rise in sales. Pre-tax losses for the year through November were seen at around £1.0 million, swinging from a year-on-year profit of £3.6 million. Revenue would ri
16-Nov-2020 09:19 AM

Rotala forecasts flat performance amid government support for bus sector

Bus operator Rotala said it expected to report a flat result for the full year as a drop in demand due to the Covid-19 pandemic was buffered by support from the UK government. Rotala noted the support measures were designed to ensure that the company mad
22-Apr-2020 07:33 AM

Rotala posts fall in profit due to acquisition costs; drops plan to pay dividend

Bus operator Rotala reported a fall in annual profit owing to acquisition costs and said it no longer planned to pay a final dividend due to Covid-19 uncertainty. Pre-tax profit for the year through November declined to £2.6m, down from £3.7m
27-Jan-2020 07:38 AM

Rotala forecasts profit in line with market expectations; eyes acquisitions

Transport group Rotala said it expected to post a full-year result in line with market expectations and maintain its progressive dividend policy. Rotala said it achieved significant additional growth through the acquisition of the Bolton depot of First M
23-Jan-2019 08:27 AM

Rotala says trading in line with expectations; eyes acquisitions

Bus company Rotala said trading during its financial year through November was in line with market expectations. Net debt had fallen to £31.5m by 30 November, down from £32.8m at the half year, the company said. In the current financial year
02-Feb-2018 08:05 AM

Rotala acquires bus business, says 2017 trading in line

Rotala said it had acquired a bus business from CEN Group with a 31-strong vehicle fleet for £1.95m. The company also announced that trading during 2017 was in line with market expectations. At 8:05am: (LON:ROL) Rotala PLC share price was 0p at 5
18-Aug-2017 01:01 PM

Rotala shareholders approve £3.5m placing

Rotala has confirmed that all resolutions, in respect of the proposed £3.5m Placing and Subscription, were passed by shareholders at today's General Meeting. At 1:01pm: (LON:ROL) Rotala PLC share price was 0p at 60.5p Story provided by S
11-Aug-2017 08:02 AM

Rotala drives pre-tax profit up 18%

Bus operator Rotala grew its revenue by 4.5% to £28.6 million in the six months ended 31 May, with pre-tax profits before exceptional items up by 18% to £1.34 million. Operating margins increased slightly to 18.9% from 18.2%, which the g
28-Jul-2017 01:21 PM

Rotala looks to raise £3.5m via subscription and placing

Rotala has announced a conditional fundraising, comprising a conditional £2m Subscription and a conditional £1.5m Placing to raise approximately £3.5m. This is to be achieved through the issue and allotment of 5,833,334 New Ordinary Sha
07-Apr-2017 07:45 AM

Rotala more than trebles FY pretax profit

Rotala has more than trebled its FY pretax profit after 12 months of progress in 2016. "We were able to make one significant acquisition in the year and two small ones," said the company. The first and largest acquisition, for its Heathrow de
24-Mar-2017 07:18 AM

Rotala in deal with Arriva Midlands North Ltd

Rotala subsidiary Diamond Bus Ltd has agreed a deal with Arriva Midlands North Ltd, a subsidiary of Arriva, to take on the majority of the Arriva Wednesfield operation. "The deal agreed will see Diamond accept, with effect from 23 April 2017, nine v
16-Mar-2017 07:39 AM

Rotala wins contracts with Transport for West Midlands

Rotala announces a series of new contract wins with Transport for the West Midlands (TfWM), with total revenue derived from these coming in at about £1.6m. These contracts were won following TfWM's latest tender round for its supported bus contra
04-Aug-2016 01:48 PM

Rotala acquires Wigan Coachways

Rotala has acquired from Rojay Services, trading as Wigan Coachways, its entire business, brand and 8-strong vehicle fleet for a cash consideration of £213,000. The company estimates that the Wigan Coachways business has annual revenues of approx
10-Aug-2015 07:08 AM

Rotala hikes underlying H1 pretax profit

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02-Mar-2015 07:44 AM

Rotala acquires Rolling Solutions Ltd

Rotala has acquired the entire share capital of Green Triangle Buses Limited from Rolling Solutions Ltd and Julian Peddle for a cash consideration of £900,000. At completion, Rotala also repaid about £368,000 to GTB's bankers to settle the outstan
26-Jan-2015 07:41 AM

Rotala says FY pretax profit in line with its views

Rotala said, in a trading update for the year to Nov. 30, 2014, said its FY pretax profit, on slightly reduced revenues before exceptionals, was broadly in line with management expectations. Exceptional items were largely comprised of the mark to market
07-Aug-2014 07:47 AM

Rotala H1 pretax profit up 12% on lower revenues

Rotala turned in an H1 pretax profit of £1.055m, up 12% from £0.946m a year earlier. Revenues were lower at £26.086m, from £26.665m. It proposed an interim dividend of 0.65p a share, up 18% from 0.55p. Story provided by
25-Apr-2014 09:01 AM

Rotala FY pretax profit marginally lower

Rotala's FY pretax profit dipped to £2.06m, from £2.08m. Revenue was £53.3m, from £54.8m. It proposed a final dividend of 1.05p a share, from 0.9p, taking the total up 14% to 1.60p a share. Non-executive chairman John Gunn said the acquisition o
29-Aug-2013 08:13 AM

Rotala H1 pretax profit eases to £0.95m

Rotala's first-half pretax profit eased to £0.946 million, from £0.959 million. Revenue was £26.7 million, from £28.5 million. The company hiked its interim dividend by 10% to 0.55p a share, from 0.50p. At 8:13am: (LON:ROL) share price was
23-Aug-2013 04:26 PM

OFT clears Diamond Bus-FirstGroup deal

The Office of Fair Trading has cleared the completed acquisition by the Diamond Bus Co of the bus business of FirstGroup in Redditch and Kidderminster. The OFT has decided on the on the information currently available, not to refer the merger to the Com
15-Apr-2013 08:36 AM

Rotala FY pretax profit up 10.5% to £3.08m

Rotala's full-year pretax profit rose 10.5% to £2.08 million, from £1.88 million the prior year. It proposed a final dividend of 0.9p a share, from 0.8p a share, taking its total dividend to 1.4p a share, up 17%. Turnover was £54.8 million, from
16-Jan-2013 07:59 AM

Rotala sees FY broadly in line, says current year in line with budget

Rotala said its operating results for the year ended Nov. 30, 2012, would be broadly in line with management's expectations, and that it had started the current year satisfactorily and in line with budget. This was "notwithstanding the 20% redu
17-Dec-2012 08:01 AM

Rotala revises banking facilities totalling £11m

Rotala said it has agreed a revised set of banking facilities totalling £11 million that will be used to support its plan of both organic and acquisitive growth. The facilities replace earlier ones with the same bankers totalling £5.2 million. About �
06-Sep-2012 02:31 PM

Preston Bus wins Green Business of the Year award

Rotala subsidiary Preston Bus has been named Green Business of the Year in the 2012 'Be Inspired in Business' awards. The awards - which are presented annually by the North and Western Lancashire Chamber of Commerce in a number of categories -
23-Aug-2012 11:42 AM

Rotala has improved first half performance

Rotala saw turnover grow 7% to £28.5m (2011: £26.6m) in the six months to 31 May 2012. Interest expenses were down 18% to £0.65m (2011: £0.8m). Profit before tax was up 4% to £0.96m (2011: £0.92m) and net debt was down 20% to £16.1m (2011: £20.1
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