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Arena Events – emphasises “adjusted EBITDA positive and cash neutral”, what’s the detail?...

2020-11-10 11:57:57

Provider of temporary structures for events, Arena Events Group (ARE) has announced results for its half-year ended 30th September 2020, including “despite results in all markets being impacted by the widespread prohibition on mass gatherings due to the COVID-19 pandemic, the group was Adjusted EBITDA positive and cash neutral”. Though what’s the detail?...

ARTICLE

Arena Events – “pleased to announce” funding, but...

2020-10-13 16:33:59

Provider of temporary structures for events, Arena Events (ARE) “is pleased to announce that the group has secured funding of £15.6m through the Government Coronavirus Large Business Interruption Scheme… this additional funding, coupled with securing non-event revenues such as medical facilities and fixed cost reductions will enable the group to continue to trade through during these extraordinarily difficult times”. The shares though currently remain at 5.6p...

ARTICLE NEWSFLOW

Arena Events Group – emphasises fundraising at “a 71 per cent. premium”, but…

2020-03-26 11:54:29

Arena Events Group (ARE) “is pleased to announce that it has conditionally raised £9.5 million (before expenses)… at a price of 10 pence per share… a 71 per cent. premium to the VWAP of an ordinary share for the five business days preceding the date of this announcement”

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Arena Events – a “pleased to announce” installation in Japan… but about that second-half weighting…

2019-09-20 14:28:47

“Arena Events Group plc (AIM: ARE), is pleased to announce that it has completed the installation of the largest single temporary hospitality structure ever installed in Japan”. However, it’s an RNS Reach announcement…

ARTICLE NEWSFLOW

Arena Events – “Trading Update”… & having only listed on AIM in July 2017…

2019-01-17 04:43:50

“Trading Update” from “provider of temporary physical structures, seating, ice rinks, furniture and interiors”, Arena Events (ARE) includes in its first paragraph; “The group experienced strong revenue growth across the UK, US and Middle East divisions with the acquisitions contributing as expected”. The shares have though responded to the update… currently more than 30% lower on the day, at around 40p! Hmmm…

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On the Coldest Day of the Year, Consider this Perky Organiser of Outdoor Events

2018-02-28 01:14:24

Hello Share Surfers. As the snow flies here in the grim north, and we all want to stay inside, I turn ironically to a company which relies mostly on the popularity of activities outdoors. Arena Events (ARE) only appeared on AIM in July. The launch price was 55p. Now the share is 63p.

ARTICLE

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