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Covid-19 pushes Ainsworth to Aus$39.6m full-year loss

first_imgAddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Covid-19 pushes Ainsworth to Aus$39.6m full-year loss Australian gaming machines and content provider Ainsworth Game Technology (AGT) has posted an Aus$39.6m (£21.8m/€24.3m/US$29.0m) comprehensive loss for its 2020 financial year, after the group’s operations were hit by the novel coronavirus (Covid-19) pandemic.Revenue for the 12 months to 30 June amounted to $149.4m, down 36.2% from $234.3m in the corresponding period last year.North America was the main source of income for AGT, with revenue totalling $72.0m, though this was 36.8% lower than $114.0m in 2019.AGT said this drop was primarily due to reduced unit sales as a result of Covid-19, but also noted that orders for its machine are likely to be deferred to FY21 and as such it should see improvement next year.Latin America revenue was also down by 42.5% to $42.0m, mainly as a result of land-based closures across Argentina, Mexico and Peru due to the pandemic, as well as the delayed launch of its new AStar gaming hardware.Revenue from Australia and the rest of the world slipped 27.1% year-on-year to $35.0m, as AGT noted declines across all of its core markets in the segment.However, AGT did see some growth within its online and digital operations, with revenue here rising from $4.2m to $4.6m. This area of the business was boosted by the launch of its technology with several operators in New Jersey in the US, while AGT and extended deal with Zynga will help drive further growth in FY21.During the latter part of the financial year, AGT implemented a series of cost-saving measures to help mitigate the impact of Covid-19 on its business. This included eliminating 107 roles across the group, which it said would help save approximately $10m.Looking more closely at spending, cost of sales was down by 37.5% to $59.0m, while sales, services and marketing expenses were reduced by 8.6% to $59.3m, and administrative costs 11.6% to $22.2m.However, research and development spend during the year edged up to $41.2m, while impairment trade expenses rocketed by 289.7% to $3.4m and other costs increased 244.4% to $15.5m.As costs were higher than revenue, this left AGT with a $50.3m operating loss, compared to a $5.4m operating profit at the end of FY19. When including $1.5m in finance income, loss before tax was $48.8m, a stark contrast to $10.9m in profit last year.AGT received $5.4m in tax benefits, and when also including $3.9m in income directed from foreign current translation, this resulted in a comprehensive loss of $39.6m, compared to a $19.2m profit in FY19.Chief executive Lawrence Levy said that while Covid-19 hit the business and the industry hard, the group was able to move quickly to protect its operations.“We took proactive measures to streamline our overheads and restructure previous financing arrangements to ensure we can endure the current downturn,” he said. “AGT is well positioned as customers across our major markets look to recover from the effects of the pandemic.” Topics: Casino & games Finance Slots 28th August 2020 | By contenteditor Australian gaming machines and content provider Ainsworth Game Technology (AGT) has posted an Aus$39.6m (£21.8m/€24.3m/US$29.0m) comprehensive loss for its 2020 financial year, after the group’s operations were hit by the novel coronavirus (Covid-19) pandemic.center_img Casino & games Tags: OTB and Betting Shops Slot Machines Subscribe to the iGaming newsletter Email Addresslast_img read more

Equity Bank Group Limited (EQTY.rw) HY2011 Presentation

first_imgEquity Bank Group Limited (EQTY.rw) listed on the Rwanda Stock Exchange under the Banking sector has released it’s 2011 presentation results for the half year.For more information about Equity Bank Group Limited (EQTY.rw) reports, abridged reports, interim earnings results and earnings presentations, visit the Equity Bank Group Limited (EQTY.rw) company page on AfricanFinancials.Document: Equity Bank Group Limited (EQTY.rw)  2011 presentation results for the half year.Company ProfileEquity Bank Group Limited is a leading financial institution based in Kenya which offers products and services to private individuals and small-to-medium enterprises, and the corporate banking market. It operates in six geographical markets; Kenya, Uganda, South Sudan, Rwanda, Tanzania and the Democratic Republic of Congo (DRC). The consumer division targets salaried customers or customers who receive regular remittances, such as a pension. The SME division provides financial solutions for working capital needs, property development and acquisition of assets. The corporate division targets large enterprises offering products and services that range from equity, mortgage and asset finance loans to trade finance, development loans and business loans. Formerly known as Equity Bank Limited, the commercial bank is a wholly-owned subsidiary of Equity Group Holdings Limited. Equity Bank Group Limited is listed on the Rwanda Stock Exchangelast_img read more

Diocese of San Diego will equip all its churches with…

first_img Rector and Chaplain Eugene, OR Ya no son extranjeros: Un diálogo acerca de inmigración Una conversación de Zoom June 22 @ 7 p.m. ET Assistant/Associate Rector Washington, DC In-person Retreat: Thanksgiving Trinity Retreat Center (West Cornwall, CT) Nov. 24-28 Rector Martinsville, VA Diocese of San Diego will equip all its churches with solar panels Virtual Celebration of the Jerusalem Princess Basma Center Zoom Conversation June 19 @ 12 p.m. ET Featured Events Rector Bath, NC The Church Pension Fund Invests $20 Million in Impact Investment Fund Designed to Preserve Workforce Housing Communities Nationwide Church Pension Group Rector Belleville, IL This Summer’s Anti-Racism Training Online Course (Diocese of New Jersey) June 18-July 16 Rector Washington, DC [Diocese of San Diego] The Episcopal Diocese of San Diego and its partners, the Episcopal Church Building Fund and Fellowship Energy Finance, are excited to announce the first diocese-wide program to equip all its churches with solar panels.With 13 churches currently enrolled in the program, Bishop Susan Brown Snook is excited about bringing the diocese and its churches into the green movement. “I am so glad for our diocese to use the abundant resource we are blessed with here in Southern California and Arizona – sunlight – to meet our needs for energy,” said Brown Snook.“Helping our Earth remain sustainable is our way of caring for God’s creation and conserving resources for future generations. We are blessed to have this technology available to us, and I look forward to our diocese and congregations entering into this initiative,” said Brown Snook.Fellowship Energy Finance, a lead partner in the endeavor, is focused on providing churches with the financing options for solar-powered energy solutions. It is providing zero-down financing so that churches can start saving on their energy costs.“Bringing solar panels to our churches serves a dual purpose: reducing utility costs to the congregations and being good stewards of God’s creation,” said the Rev. Kirby Smith, chief financial officer of the diocese. “We are all called to be responsible for maintaining our environment so it may be a healthy and safe place for those who come after us. We are temporary custodians of all that God has provided. Money that congregations spend on electricity can’t be spent on mission and ministry. In light of that, it is incumbent for congregations to seek ways of using power more efficiently,” said Smith.The Episcopal Church Building Fund, a partner in the solar program, is helping churches thrive through the investigation of strategic, resourceful and creative uses of church buildings. ECBF loans are available to Episcopal congregations for building and renovation projects for churches, schools, rectories and expansions of ministry projects.The steps associated with participating in the initiative – going solar – are low-contact activities. Local church solar teams can meet virtually. Even when church campuses are closed due to COVID-19, this program can still move forward. Remember Holy Land Christians on Jerusalem Sunday, June 20 American Friends of the Episcopal Diocese of Jerusalem Seminary of the Southwest announces appointment of two new full time faculty members Seminary of the Southwest Director of Administration & Finance Atlanta, GA Rector Collierville, TN Inaugural Diocesan Feast Day Celebrating Juneteenth San Francisco, CA (and livestream) June 19 @ 2 p.m. PT Rector (FT or PT) Indian River, MI New Berrigan Book With Episcopal Roots Cascade Books TryTank Experimental Lab and York St. John University of England Launch Survey to Study the Impact of Covid-19 on the Episcopal Church TryTank Experimental Lab Associate Priest for Pastoral Care New York, NY Bishop Diocesan Springfield, IL Rector Hopkinsville, KY Episcopal Charities of the Diocese of New York Hires Reverend Kevin W. VanHook, II as Executive Director Episcopal Charities of the Diocese of New York Associate Rector Columbus, GA Submit a Job Listing Associate Rector for Family Ministries Anchorage, AK Program Budget & Finance Priest Associate or Director of Adult Ministries Greenville, SC Curate (Associate & Priest-in-Charge) Traverse City, MI center_img Rector/Priest in Charge (PT) Lisbon, ME Submit an Event Listing By Chris TumiltyPosted Apr 22, 2020 Tags Canon for Family Ministry Jackson, MS Missioner for Disaster Resilience Sacramento, CA Rector Shreveport, LA Press Release Service Family Ministry Coordinator Baton Rouge, LA Environment & Climate Change, The Church Investment Group Commends the Taskforce on the Theology of Money on its report, The Theology of Money and Investing as Doing Theology Church Investment Group Rector Pittsburgh, PA Course Director Jerusalem, Israel AddThis Sharing ButtonsShare to PrintFriendlyPrintFriendlyShare to FacebookFacebookShare to TwitterTwitterShare to EmailEmailShare to MoreAddThis Rector Knoxville, TN Assistant/Associate Priest Scottsdale, AZ Featured Jobs & Calls An Evening with Presiding Bishop Curry and Iconographer Kelly Latimore Episcopal Migration Ministries via Zoom June 23 @ 6 p.m. ET Priest-in-Charge Lebanon, OH Rector Albany, NY Join the Episcopal Diocese of Texas in Celebrating the Pauli Murray Feast Online Worship Service June 27 Assistant/Associate Rector Morristown, NJ Cathedral Dean Boise, ID Rector Smithfield, NC Rector Tampa, FL Submit a Press Release Curate Diocese of Nebraska Director of Music Morristown, NJ Youth Minister Lorton, VA Episcopal Migration Ministries’ Virtual Prayer Vigil for World Refugee Day Facebook Live Prayer Vigil June 20 @ 7 p.m. ET last_img read more

Businesses with a social conscience valued but often misunderstood by consumers. says research

first_img Most consumers prefer to buy from a business with a social conscience but don’t always know how to identify those that have a positive impact in their local community, according to Plymouth-based CIC social enterprise, Iridescent Ideas.87% state a preference for buying products or services from a business with a social conscience, but four out of five people admit to uncertainty when it comes to identifying such organisations, the research shows.The definition of a “social enterprise” also causes confusion, according to the research, particularly concerning how these businesses are funded and where profit goes. Almost a third of those surveyed believe that a social enterprise is “not-for-profit”. Survey respondents also said that “not-for-profit can mean different things to different people” and “it’s what you do with the profit that counts”.The release of the survey findings coincides with the launch of the Iridescent Ideas Social Frontier Project: a series of free online workshops aimed at raising awareness of and supporting start-ups and existing social enterprises across the country. The project is backed by the Big Lottery Fund’s Awards for All grant.The Social Frontier Project will initially deliver a series of four online workshops, with another four to follow, on the topics of starting, growing, funding and proving the impact of a social enterprise. The first webinar, themed “Start It” is scheduled for Thursday, 20th July 2017. It will cover what a social enterprise is and how to start one, as well as examining income streams and how to create a one-page business plan. Iridescent Ideas will host guest speaker, Sara Burgess, a former regulator of Community Interest Companies, for the first event. More information and registration for the webinars is via the Iridescent Ideas site.Gareth Hart, founder and director of Iridescent Ideas, said:“Many people do not know what a social enterprise is, how to identify organisations operating within this sector and what they do with the profit they generate. Our project aims to raise levels of awareness and understanding to address this.”  179 total views,  1 views today Advertisement About Melanie May Melanie May is a journalist and copywriter specialising in writing both for and about the charity and marketing services sectors since 2001. She can be reached via www.thepurplepim.com. AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis17  180 total views,  2 views today AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis17 Melanie May | 22 June 2017 | News Tagged with: research social enterprise Training Businesses with a social conscience valued but often misunderstood by consumers. says researchlast_img read more

Proposals invited for IFC Online workshops & IFC Summit masterclasses

first_img Tagged with: Events virtual event For IFC Online workshop sessions – also October – it is looking for short-form sessions delivered virtually, featuring cutting-edge ideas and the latest innovations, or fresh takes on the basics.  166 total views,  1 views today AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis The theme of both IFC Online 2021 and IFC Summit 2021 is Reset. Refreshed. Refined, so when reviewing submissions, the Content Team will want to see proposals that include an element of looking forward to what the next big thing is. With the Summit in particular, the Resource Alliance is looking for sessions that address the following: leadership through crisis / managing change, digital transformation, Gen Z fundraising / future proofing, and new business models. The Resource Alliance has put out a call for proposals for both IFC Online workshop submissions and IFC Summit 2021 masterclasses. About Melanie May Melanie May is a journalist and copywriter specialising in writing both for and about the charity and marketing services sectors since 2001. She can be reached via www.thepurplepim.com. Melanie May | 11 June 2021 | Newscenter_img With the masterclass sessions, people must be willing to go to the Netherlands and deliver them in person, during 20-22 October this year. The Resource Alliance is looking for long-form, deep-dive session designed to stretch participants’ thinking and presented over six hours over the two days. Advertisement The proposal form for IFC Online is here, and the form for the Summit is here. The deadline for both is 21 June. Proposals invited for IFC Online workshops & IFC Summit masterclasses AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThislast_img read more

Indy Farm Expo Sets Dates for 2019

first_img Facebook Twitter SHARE By Andy Eubank – Feb 11, 2019 SHARE The Indiana Farm Equipment and Technology Expo has announced the official dates for the 2019 show.  The 41st annual indoor farm show will take place at the Indiana State Fairgrounds from December 17 – 19, 2019. “This is a week later than last year,  but these are the only dates available at the fairgrounds,” said Gary Thoe, show Co-President. Hoosier Beef Congress is the weekend of Dec. 6 / 8 in 2019, so they will be in the West Pavilion, Expo Hall, and South Pavilion. They are always the first week/weekend after Thanksgiving, and Thanksgiving in 2019 is Nov. 28.The Expo experienced an increase in attendance and exhibitor numbers in 2018, reversing a several year decline.  Show organizers expect to see this trend continue into 2019. “We will continue to make improvements in the show to make it an exciting and positive experience for both attendees and exhibitors,” said Gary Truitt, Co-President.Many of the best features of last year’s show will return in 2019, including the coffee shop and a free lunch on the third day of the show. In addition, some new and exciting features are planned. “Along with a more focused media marketing campaign and expanded social media offerings, we have set a goal of doubling attendance in 2019,” said Truitt. An improved layout of the show floor will also enhance exhibitor interactions with the farmers who attend.A short video presentation about the 2018 show can be seen at https://indianafarmexpo.com/  Exhibit space is currently being reserved. Interested parties should contact show manager Toni Hodson at 1-800-876-5133, ext. 280 or [email protected] Home Indiana Agriculture News Indy Farm Expo Sets Dates for 2019 Facebook Twitter Previous articleSoil Test Pro Now Integrated with Beck’s FARMserver® TechnologyNext articleIndiana Pork Has New Farmer Leader in Nick Maple Andy Eubank Indy Farm Expo Sets Dates for 2019last_img read more

Health Minister says tourists need to be aware of obligations

first_img Google+ AudioHomepage BannerNews The Health Minister wants travel companies and airlines to make it clear to tourists there’s an expectation they isolate for 14 days when they arrive to Ireland.There have been reports over the weekend of visitors not quarantining when they come on holiday.There’s a mandatory self-locator form for visitors to tell officials where they intend to spend the two weeks of isolation.Health Minister Stephen Donnelly says tourists need to be aware of their obligations:Audio Playerhttps://www.highlandradio.com/wp-content/uploads/2020/07/donnelly7am.mp300:0000:0000:00Use Up/Down Arrow keys to increase or decrease volume. By News Highland – July 13, 2020 Twitter Previous articleCarndonagh Garda station omitted from Building and Refurbishment ProgrammeNext articleNine people rescued after vessel got into difficulty off Malin Head News Highland WhatsApp Google+ RELATED ARTICLESMORE FROM AUTHOR Facebook News, Sport and Obituaries on Monday May 24th Journey home will be easier – Paul Hegarty center_img Twitter Pinterest Pinterest FT Report: Derry City 2 St Pats 2 Derry draw with Pats: Higgins & Thomson Reaction WhatsApp Facebook DL Debate – 24/05/21 Health Minister says tourists need to be aware of obligations Harps come back to win in Waterford last_img read more

Lib Dem training tack sheds skills councils

first_img Comments are closed. Previous Article Next Article Lib Dem training tack sheds skills councilsOn 26 Sep 2000 in Personnel Today The Liberal Democrats would scrap the Learning and Skills Council and replace it with a new body in charge of lifelong learning and training.At its annual conference in Bournemouth last week, the party’s employment spokesman Phil Willis said the Government had “moved the chairs on the Titanic” by creating the Learning and Skills Council.“We understand that in the new environment of employment regulation, blunt instruments that crank up employer investment in training are not the right approach.”The Lib Dems are offering tax credits or national insurance deductions for firms working towards Investors in People or introducing company training plans.Willis said, “Government must persuade employers that training is an investment in human assets rather than a cost on the business. “Many think nothing of investing thousands in updating a computer system yet fail to invest in the skills of their workers.”The policies are detailed in the Lib Dem policy document, Working for Success. The new body would be called the National Learning Council. Willis insisted the Government’s policies were not tackling the skills shortages and described Labour as “talking a good tale” about investment in skills. “They hope the New Deal will magically tackle skills shortages. The reality is different,” he said.The Lib Dems, like the Conservatives, would scrap the New Deal. It would be replaced with a “Flexible Guarantee” for unemployed people, giving them a personal adviser and access to training.Work Trials would be extended and Work Trials Plus would be introduced, offering employers funding for training in high-skilled jobs.The Lib Dems, who are enjoying a surge in popularity after the fuel crisis, acknowledged that employers had “absorbed the costs” of the minimum wage and the Social Chapter. Liberal DemocratsThe Lib Dems debated radical proposals to scrap the mandatory retirement age. Under the scheme, outlined in the party manifesto, people would be free to choose when to retire. Its policy document, Age of Opportunity, says, “The state has no business in deciding whether it wants people to work longer or to retire earlier. “It said many workers were forced into early retirement because of prejudice against older workers.By Helena Jones Related posts:No related photos.last_img read more

Countrywide agent breaks ranks and replies to poor reviews on AllAgents

first_imgCountrywide has let slip that it is to begin replying to unflattering reviews its agencies receive via online platform AllAgents.Its change of heart was revealed yesterday after a tenant posted a one-star review of the service they had received from seven-branch Kent and Sussex agency Ashton Burkinshaw.The company received a very poor review from a tenant who had rented a property via the agency in the village of Tenterden near Ashford in Kent.This unnamed individual complained of significant money taken from their deposit following check-out and that the firm’s property manager had been ‘snobbish’ and ‘superior’.AllAgents replyAshton Burkinshaw’s local franchise hold Jeremy Jago replied, explaining that “until recently our policy was not to response to these reviews [but] this has changed which is why we are responding now,” he said.“We did not manage the property so had little influence over matters during the seven months that the tenancy lasted.“Of course we appreciate that no tenant likes having claims made on their deposit but unfortunately, the property was left in such poor condition compared to the start of the tenancy even allowing for wear and tear, that we had no choice but to make fair and justifiable claims for cleaning and repairs as well as rent arrears.“Ashton Burkinshaw gains no benefit by making claims on tenants’ deposits (in fact it causes us a lot of extra work) but we will not hesitate to carry out our professional duty for Landlords in making fair, reasonable and justifiable claims on deposits on their behalf – even if it does result in a bad review.”Read more about Countrywide. November 21, 2019Nigel LewisOne commentMartin McKenzie, allAgents.co.uk allAgents.co.uk 21st November 2019 at 4:36 pmAt allAgents we have always promoted engagement between reviewing customers and the agent they have posted about. It is important to provide the opportunity to display a balanced view. This is achieved initially through the ability for the agent to reply to the customer via a comment thread which will be moderated and published immediately below the original review. There is no limit to the number of replies between them.For good reviews the agent is acknowledging the effort gone to by their client in sharing their good experience and singing the praises of their company across the internet. Subsequently visitors to the the agent’s reviews pages (who are very possibly potential customers), can plainly see that the agent cares what people say about them and that they publicly say so. These comments are far reaching as each reply is sent across both our and the agent’s social media accounts.We also endorse engaging with customers where a bad review has been posted because it can be equally or more valuable than a five star testimonial and many many agents on our website have picked up on these advantages.Can an agent really afford to ignore bad feedback? If an agent chooses not to engage with a bad review, then to the visitor (again, very possibly potential customers), it appears as if the company either does not care or that the review is 100% true. The search engines will also pick up and list individual reviews in natural search results. It is also a fact that unattended bad reviews attract more bad reviews. Customers feel little or no reluctance to leave critiques and detailed statements about a bad experience where they see that there is no comeback from their agent. Bad reviews are not like a bit of bad press, they hang around for a very long time where they are not taken seriously or managed.Our view at allAgents is that at the very minimum the agent should reply to a bad review and acknowledge that the company is aware of the post and a request is made to the client to contact a displayed telephone number to discuss their grievances.On many occasions Agents have benefited by replying and holding their hands up. They apologise for the issues and the lapse in their normal customer service standards, they promise to learn from their mistakes and readers like honesty.We know of many instances where agents have responded professionally to 1 star tenant reviews and may or may not have succeeded in resolving the grievances. However because the process was played out on the review web page, the replies were noticed by potential buy-to-let/landlord investors who realised that if these 1 star review tenants were their tenants, they can see how the agent would manage adversity as well as thanking other customers for a glowing testimonials. Agents have won instructions on this basis.Replying to a review where the agent disagrees with some or all of the content is the agents opportunity for a public right of reply. This what Ashton Burkinshaw in Tenterden did and they have totally transformed the readers’ possible opinions.There is also 1 star feedback where the agent claims that the review is fake or that they are unfairly represented. allAgents has a defined process for helping agents and customers clarify the genuine review and their claims.We are happy to see that this branch of Ashton Burkinshaw has agreed to review it’s policy and we trust that they will benefit from being able to share their side of the experience. Potential customers to the firm reading this review will almost certainly come to a different conclusion now that there is a balanced view.https://www.allagents.co.uk/review/231697/We are happy to discuss the management of reviews with agents on 03330002027.Martin McKenzieDirectorallAgents.co.ukLog in to ReplyWhat’s your opinion? Cancel replyYou must be logged in to post a comment.Please note: This is a site for professional discussion. Comments will carry your full name and company.This site uses Akismet to reduce spam. Learn how your comment data is processed.Related articles BREAKING: Evictions paperwork must now include ‘breathing space’ scheme details30th April 2021 City dwellers most satisfied with where they live30th April 2021 Hong Kong remains most expensive city to rent with London in 4th place30th April 2021 Home » News » Agencies & People » Countrywide agent breaks ranks and replies to poor reviews on AllAgents previous nextAgencies & PeopleCountrywide agent breaks ranks and replies to poor reviews on AllAgentsAshton Burkinshaw in Kent says it has decided to engage with people who complain about them on the site, highlighting the growing importance of online reputation management for agents.Nigel Lewis21st November 20191 Comment1,849 Viewslast_img read more

Happy New Year 2019

first_imgThe Naval Today team wishes all our readers joyous holidays and a happy and prosperous New Year!We would also like to thank our readers for the continuous support over the year as we look forward to bringing you the latest stories from the world of navy next year as well.May 2019 bring you fair winds and following seas! View post tag: Happy New Year Image caption: US Navy photo of destroyer USS Ross (DDG 71) transiting the Mediterranean Sea in September 2018center_img Share this articlelast_img