- Practical Pico: CAN bus diagnostics and serial decoding Q&A follow-up. Sunday Times 100 Best Small Companies to Work For 2019. New Pico office in Manchester.
- Okay, so we’ve mentioned that pico projectors are so small they can fit into your pocket. Well, almost always. LG PH550 is a bit on the bulkier side with 6.9 x 4.3 x 1.7 inches in size and 1.4 pounds in weight.
6) Smith & Nephew 2019. Research & Development Report. PICO 14 and PICO 7 Initial Pump Down and Maintenance Pump Down Time Outs RD/19/084. Providing cost-effective treatment of hard-to-heal wounds in the community through use of NPWT. Br J Community Nurs. 2015; 20:S14–S20. 8) Smith & Nephew February 2019.
Financial Highlights
- Record-high revenue increased by 8.3% to HK$5,017 million
- Profit from core operations increased by 6.4% to HK$389.5 million
- EBITDA increased by 2.8% to HK$450.6 million
- Full year dividend of HK13.5 cents; Dividend payout ratio is 65%
- Basic earnings per share HK20.76 cents
Financial Summary | For the 12 months ended 31 October (HK$' Million) | ||
2019 | 2018 | Change | |
Revenue | 5,016.7 | 4,631.4 | +8.3% |
Gross profit | 1,525.2 | 1,416.1 | +7.7% |
Gross profit margin (%) | 30.4% | 30.6% | -0.2ppt |
Profit from core operations | 389.5 | 366.1 | +6.4% |
*EBITDA | 450.6 | 438.3 | +2.8% |
Profit attributable to owners of the Company | 256.8 | 271.5 | -5.4% |
Net profit margin (%) | 5.1% | 5.9% | -0.8ppt Kcncrew pack 2015 15 6 download free. |
Basic earnings per share | HK20.76 cents | HK22.01 cents | -5.7% |
Final dividend per share (recommended) | HK9.0 cents | HK9.0 cents | - |
Full year dividend | HK13.5 cents | HK13.5 cents | - |
*Before change in remeasurement of contingent consideration
(Hong Kong, 21 January 2020) Pico Far East Holdings Limited (“Pico”, “the Company” or “the Group”, HKEx: 752), a leading global total brand activation company, today announced its 2019 annual results for the 12 months ended 31 October 2019.
This year the Group celebrated its 50 year anniversary and reported another year of record-breaking revenue. During the year under review, the Group reported total revenue of HK$5,017 million (2018: HK$4,631 million), representing an increase of 8.3% compared to the same period last year.
Profit from core operations was HK$389.5 million (2018: HK$366.1 million), an increase of 6.4% compared to the same period last year. Profit for the year attributable to owners of the Company decreased by 5.4% to HK$256.8 million (2018: HK$271.5 million). This decrease is mainly due to the increase in the change in remeasurement of contingent consideration, interest expenses and the amortisation of other intangible assets arising from business combinations due to the acquisition activities of the Group.
The Directors recommend the payment of a final dividend of HK9.0 cents (2018: a final dividend of HK9.0 cents) per ordinary share. Together with an interim dividend of HK4.5 cents (2018: HK4.5 cents) per ordinary share, the total dividend for the year amounts to HK13.5 cents (2018: HK13.5 cents) per ordinary share, representing 65.0% of this year’s basic earnings per share of HK20.76 cents (2018: HK22.01 cents).
Business Review
Business Review
Revenue by segment | For the 12 months ended 31 October | ||||
2019 | 2018 | Change in Revenue | |||
HK$’ Million | % to Group’s Revenue | HK$’ Million | % to Group’s Revenue | ||
Exhibition and Event Marketing Services | 3,888 | 77.5% | 3,818 | 82.4% | +1.8% |
Visual Branding Experiences | 255 | 5.1% | 368 | 7.9% | -30.7% |
Museum, Themed Environment, Interior & Retail | 730 | 14.5% | 359 | 7.8% | +103.3% |
Conference and Show Management | 144 | 2.9% | 1.9% | +67.4% |
Revenue by region | For the 12 months ended 31 October | |||
2019 | 2018 | |||
HK$’ Million | % to Group’s Revenue | HK$’ Million | % to Group’s Revenue | |
Greater China (Mainland China, Hong Kong, Macau and Taiwan) | 2,706 | 53.9% | 2,736 | 59.1% |
South and Southeast Asia (India, Malaysia, the Philippines, Singapore and Vietnam) | 1,038 | 20.7% | 1,123 | 24.2% |
Middle East (Bahrain, Qatar, and the United Arab Emirates) | 632 | 12.6% | 287 | 6.2% |
UK and US and Italy | 451 | 9.0% | 285 | 6.2% |
Others | 190 | 3.8% | 200 | 4.3% |
TOTAL | 5,017 | 100% | 4,631 | 100% |
Beretta Pico 2019
Outlook
With the Group’s Pico+ strategies continuing to be a growth driver, the Exhibition and Event Marketing Services segment will continue to account for the majority of our business activities in the near term. Meanwhile, the Group’s Pico X digitalisation strategies will continue to create more value for its existing clients and attract new clients through the deployment of relevant technologies and data analytics.
The Group is scheduled to complete several major events in the coming financial year. Meanwhile, the performance of its acquisitions in the US and UK over the past two years mostly continues on track, with good results overall. The Group expects that these companies will make greater contributions to the Group beginning in the 2020 financial year.
According to a January 2020 World Bank report on global economic prospects, the global economic outlook for 2020 envisions a slow global growth and a high degree of uncertainty. However, the Group remains positive regarding its growth for the 2020 financial year, and will stay firmly focused on delivering the major events and projects scheduled for the year. The Group will continue to innovate its services, which strengthening its prudent cost controls and risk management strategies.
Full announcement is available at: https://www.pico.com/en/investor/company-announcement
Kms Pico For Office 2019
Beretta Pico 2019
ACTIVATE YOUR BRAND NOWPICO 2019 is scheduled to take place again in Kasteel Vaalsbroek
located at the bordering point of Belgium, Germany and The Netherlands.Topical issues of advanced electron microscopy research will be highlighted in keynote presentations given by leading invited speakers plus further poster presentations from the wider scientific community.
Confirmed speakers include Jan Pieter Abrahams (Villigen), Bettina Böttcher (Würzburg), Gianluigi Botton (Hamilton), Christian Colliex (Orsay), Javier Garcia de Abajo (Barcelona), Raynald Gauvin (Montreal), Niko Grigorieff (Ashburn), Archie Howie (Cambridge), Yuichi Ikuhara (Tokyo), Ute Kaiser (Ulm), Mathieu Kociak (Orsay), Jani Kotakoski (Vienna), Ondrej Krivanek (NION Company), Michael Lehmann (Berlin), Hannes Lichte (Dresden), Martin Linck (CEOS GmbH), Paolo Longo (Gatan Inc), Penghan Lu (Jülich), Axel Lubk (Dresden), Laurie Marks (Evanston), Molly McCartney (Tempe), David McComb (Columbus), Shigeyuki Morishita (JEOL Ltd), Knut Müller-Caspary (Jülich), Peter Nellist (Oxford), Stavros Nicolopoulos (NanoMEGAS SPRL), Eva Olsson (Gothenburg), Steve Pennycook (Singapore), Peter Peters (Maastricht), Jürgen Plitzko (Martinsried), Quentin Ramasse (Daresbury), John Rodenburg (Sheffield), Harald Rose (Ulm), Chris Russo (Cambridge), Carsten Sachse (Jülich), Gunnar Schröder (Jülich), David Smith (Tempe), Odile Stephan (Orsay), Kazu Suenaga (Tsukuba), Sandra Van Aert (Antwerp), Eric Van Capellen (Hillsboro), Jo Verbeeck (Antwerp), Florian Winkler (Jülich), Qiang Xu (Delft), Nestor Zaluzec (Argonne), and Xiaoyan Zhong (Bejing).
PICO 2019 will also honour the scientific careers of three pioneers of transmission electron microscopy in solid state research. A special colloquium will be devoted to honour the achievements of Christian Colliex and Hannes Lichte as well as Archie Howie celebrating their 75th and 85th birthdays in 2019, respectively. PICO 2019 will be organised by the Ernst Ruska-Centre in Aachen and Jülich.