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Additional information
Additional Information
Market: AIM
Sector: Travel and Tourism
Epic: LONR
News: Latest news
Web Site: Lonrho PLC
Other Articles: 16-06-201024-05-201018-05-2010 
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Thursday July 29, 09:30Specialist Energy Group Lays Out a Compelling Blueprint for Growth

After a difficult start to life as a stock market listed company, the company now stands at the threshold of a much brighter future. Legacy issues have been dealt with and the turnaround programme initiated by CEO Ewan Lloyd-Baker is gaining traction.

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Wednesday July 28, 11:30Silver Lake Resources boosts high grade gold resource by 70% to 2.5m ounces

Silver Lake Resources has added over 1 million ounces of gold to its resource inventory during the year after mining 66,700 ounces and expects further encouraging results at its  Mount Monger and Murchison projects.

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Thursday July 15, 02:10Henan Yuguang Lead & Gold investment in Kimberley Metals receives all clear from FIRB

Kimberley Metals (ASX: KBL) has reported that on 12 July the Australian Government Foreign Investment Review Board (FIRB) had no objections to Henan Yuguang Lead & Gold Co. Ltd's [...]

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Lonrho PLC

Lonrho PLC

Lonrho is a pan-African company with a diverse portfolio of investments focusing on Africa.  Its investments range from primary infrastructure to transportation, support services, hotels and natural resources. The Company is focused on servicing Western investment and African business by investing in emerging sectors across Africa, creating hubs of business through key investments. Lonrho is re-establishing a significant presence on the African Continent through strategic investments across sectors in fast-growing African economies.

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Friday, March 12, 2010

Lonrho promoted into key FTSE-AIM indices

African focused investment company Lonrho (AIM: LONR) has been promoted into the FTSE AIM UK 50 Index and the FTSE AIM 100 Index, effective from the 22 March 2010. The company’s inclusion into the key indices reflects Lonrho’s growth and its position in London’s junior market, then group said in a statement.

"We are delighted that the growth of Lonrho has enabled the company to be included in these important indices operated by the London Stock Exchange,” chairman David Lenigas commented. “Lonrho continues to successfully develop its five core business divisions across the emerging African market and now operates in seventeen countries."  
Last week, Lonrho’s full-year results for the year ended 30 September 2009 demonstrated the progress being made by the company’s operations in Africa.

Lonrho said its African investments are delivering real growth and strong tangible businesses in Africa.  It increased turnover by 266% on a like-for-like basis. Reported revenue rose 111% to £90.9m and net asset value also rose, increasing by 16% to £81.1m. Consequently Lonrho significantly narrowed its losses to £4.5m compared with £38.7m in the previous year.

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