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RM2 Intl S A Ord USD0.01 DI (RM2)

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26-Jun-2019 09:12 AM

RM2 International expects to miss results filing deadline due to funding struggles

Pallet company RM2 International said it expected to miss a deadline for filing its annual accounts and would consequently suspend trading in its shares while it faces financing challenges. The company said it had been in discussions with potential lende
14-Sep-2018 07:08 AM

RM2 International posts first half loss as revenue slides

Pallet provided RM2 International posted a $17.3m net loss in the first half, as it struggled to find customers. The loss, however, narrowed from $19.2m loss a year earlier. Revenue fell 30% to $2.6m. 'Following the refinancing and simplification
07-Sep-2018 07:25 AM

RM2 International warns turning earnings positive will be 'challenging'

Pallet supplier RM2 International said its goal of turning earnings positive in the first half would be 'challenging' due to delays signing up customers. The company said it would provide further updates in due course, but had continued to cut
21-May-2018 08:02 AM

RM2 International losses narrow after cost cutting

Pallet provider RM2 International said its annual losses narrowed a little after it slashed costs to account for falling revenue. Pre-tax losses amounted to $43.6m, compared to $52.9m a year earlier. The company recently raised $36m from a share placeme
28-Sep-2016 07:46 AM

RM2 Int'l's H1 pretax loss eases

RM2 Interational has reduced its H1 pretax loss to $23.9m, from a year-ago restated loss of $25.2m. Revenue was $3.7m, from $1.8m. "The first half of 2016 has been a period of significant strategic progress for RM2," said CEO John Walsh. "
30-Sep-2015 07:42 AM

RM2 Int'l eyes £30m placing, posts interims

RM2 International has posted an H1 pretax loss of $25.2m, from a loss of $22.2m. Revenue was $1.8m, from $0.8m. Separately, the company intends to raise about £30m via a placing of about 75m shares at 40p each. "We are delivering a quality, mass-pr
01-Sep-2014 08:45 AM

Change of CFO at RM2 International

RM2 International, the vertically-integrated innovator in pallet development, manufacture, supply and management, has announced the appointment of Jeff Blouvac as chief financial officer. Mr Blouvac will succeed Ash Mohindra, who has served as chief fina
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