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Minoan Group PLC Ord 1P (MIN)

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08-Apr-2019 09:22 AM

Minoan losses deepen after travel division sale

Minoan Group posted a deeper annual loss as it wrote down the value of its sold travel and leisure division. Pre-tax losses for the year through October amounted to £3.0m, compared to losses of £2.5m on-year. 'From the company's pe
31-Jul-2018 09:37 AM

Minoan Group losses widen, sees travel division sale progressing

Minoan Group posted a first half loss of £1.1m and said had progressed a proposed sale of its travel and leisure division to pay down debt. Losses had widened from the £907k of red ink reported in the previous corresponding period. 'As
06-Apr-2018 07:47 AM

Minoan Group to sell travel division as losses deepen

Minoan Group said it would sell its travel business after revealing losses for the year through October, 2017 had deepened. Net losses amounted to £2.5m, compared to £2.3m of red ink a year earlier. Proceeds from the travel division sale wou
14-Dec-2017 02:12 PM

Minoan remains on track

Minoan Group has reported that preliminary results are expected to be in line with market expectations. Christopher Egleton, Minoan Chairman, commented: "I am pleased that we have been able to report on the continued growth in T&L and that the Loan
22-May-2017 07:30 AM

Minoan Group acquires Morningside Travel Ltd

Minoan Group has announced the acquisition by Stewart Travel Ltd of the business of Morningside Travel Ltd for £135,000. Morningside is an independent travel agent based in Edinburgh. Of the consideration, £110,000 was to be settled via the
27-Apr-2017 03:00 PM

All resolutions passed at AGM of Minoan

Minoan Group announced that all resolutions proposed at its Annual General Meeting held earlier today, were duly passed. At 3:00pm: (LON:MIN) Minoan Group PLC share price was +0.25p at 11p Story provided by
31-Mar-2017 02:01 PM

Minoan Group gross profits up by 8%

Minoan Group has reported an 8% increase in gross profits to £7,044,000 for the year ended 31 October, from £6,493,000 last year. Total Group transaction value was also up by over 11% to £67,820,000 from £60,964,000. At 2:01pm
14-Jul-2016 07:38 AM

Minoan Group widens H1 pretax loss

Minoan Group has widened its H1 pretax loss to £1.06m, from a loss of £0.76m. Revenue was £33.1m, from £28.7m. "Discussions regarding the plans for our travel business are in progress with advisors and others," said chai
31-Jul-2015 08:10 AM

Another half year loss at Minoan Group

Minoan Group made an loss before tax for the six months ended 30 April 2015 of £759,000. The loss for the same period in the previous financial year was £694,000. £594,000. The company said that the underlying performance of the Group's travel d
27-Apr-2015 11:47 AM

Minoan Group passes AGM resolutions

Minoan Group has confirmed that all resolutions proposed at its Annual General Meeting, held earlier today, were duly passed. At 11:47am: (LON:MIN) Minoan Group PLC share price was 0p at 12.25p Story provided by
17-Apr-2015 03:57 PM

Minoan project included in regional plan

Minoan Group is delighted its project has been included in the draft new regional plan for Crete. The plan is now open for final public consultation and once this is completed the regional plan will be issued. The role of regional plans is to set out t
31-Mar-2015 09:14 AM

Minoan Group narrows FY pretax loss

Minoan Group has narrowed its FY pretax loss to £1.04m, from a year-earlier loss of £1.2m. Revenue totalled £5.9m, from £9.2m. Highlights: · Substantial progress has been made in both of the Group's divisions during the year under review,
10-Nov-2014 01:04 PM

Minoan's Crete project update

Minoan says the committee of the general secretaries of the relevant Greek government ministries has approved the draft of the presidential decree in respect of the company's project in Crete. This approval is the pre-cursor for the final approval
21-Oct-2014 10:30 AM

Minoan subsidiary to take 20% stake in Miles Away

Minoan Group has announced that its wholly owned subsidiary, Stewart Travel, has agreed to acquire, subject to contract, approximately 20% of Miles Away. This is in order to formalise a strategic partnership between Stewart and Miles Away for the further
31-Jul-2014 08:35 AM

Minoan Group narrows H1 pretax loss

Minoan Group booked an H1 pretax loss of £0.69m, from a loss of £0.9m a year earlier. Revenue was £2.5m, from £5.4m. Christopher Egleton, Minoan Chairman, said: "We are pleased with the continuing progress underway in enhancing shareholder valu
02-Apr-2014 07:53 AM

Minoan Group narrows FY pretax loss to £1.18m

Minoan Group narrowed its FY pretax loss to £1.18m, from £1.3m. Revenue was £51.2m, from £37.4m. Chairman Christopher Egleton said Minoan had never been closer to realising management's ambition of developing the group into a successful internat
21-Mar-2014 09:15 AM

Minoan wins municipal support for Crete project

Minoan Group said the Local Municipality of Sitia, eastern Crete, has reaffirmed its support for the group's property development project there. At a meeting on March 18, in which the environmentally friendly nature of the project was discussed, the
17-Mar-2014 07:45 AM

Minoan Group acquires Martin Singer Travel

Minoan Group said its Stewart Travel Limited division has agreed to acquire the trade and assets of Martin Singer Travel for up to £0.75m. The consideration comprised, £0.25m cash from existing resources, plus a deferred cash consideration of up to £0
21-Feb-2014 02:22 PM

Minoan changes registered office

Minoan Group's registered office address is 5 Old Bailey, London, EC4M 7BA with immediate effect. At 2:22pm: (LON:MIN) Minoan Group PLC share price was +0.75p at 12p Story provided by
13-Dec-2013 07:40 AM

Reorganisation at Minoan Group pays off

Minoan Group has reported that the its consolidated results for the year ended 31 October 2013 will be in line with market expectations. Gross revenues from travel will be around £45m with operating profits from the continuing travel businesses in exces
17-Oct-2013 08:21 AM

Minoan Group in loan facility of up to £5m

Minoan Group has arranged a three-year, £5m loan facility with Hillside International Holdings. The main purpose of the facility is to significantly accelerate the acquisition programme of the group's Travel & Leisure business. Minoan also said its
26-Apr-2013 01:14 PM

Minoan resolutions passed at AGM

Travel and leisure group Minoan has confirmed that all resolutions proposed at its annual general meeting today (26 April) were duly passed. At 1:14pm: (LON:MIN) share price was 0p at 6.25p Story provided by
05-Apr-2013 02:10 PM

Appeals against Minoan Crete project withdrawn

Appeals against a decision by Greek's Interministerial Committee for Strategic Investments to include Minoan Group's Crete project in Fast Track have been withdrawn. Minoan said the plaintiff's lawyers withdrew the appeals after a reques
25-Mar-2013 08:16 AM

Minoan Group narrows FY pretax loss, revenue surges

Minoan Group saw its full-year revenue surge to £37.4 million, from £7.4 million, while its pretax loss narrowed to £1.3 million, from £1.6 million. Cost of sales was £33.6 million, against £6.4 million. "We have made excellent progress over
05-Feb-2013 07:57 AM

Minoan sees FY 2013 results improving on 2012

Travel and leisure company Minoan Group said its travel business would post full-year revenues of more than £37 million, with operating profits of about £400,000. "The good performance from the travel business helped to reduce losses at the Group
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