Full Article at IIR has reaffirmed its Recommended rating for PIA after undertaking a review post the appointment of a new Portfolio Manager, Harding Loevner. The full report can be found on the IIR website. On 26 July 2021, Pengana International Equities Limited (PIA) announced a fully franked dividend of 1.35 cents per share for the June quarter. This represents an 8% increase on the March quarter dividend and takes the total dividends declared for FY21 of 5.1 cents per share, fully franked....
Germany’s Ista, Europe’s leading sub-metering company, released buoyant 3Q16 results with yoy sales up 9.7% to €197m and EBITDA up 18.4% to €87m. This marked a notable acceleration from the slow start of the year, when some German customers had delayed billing activity due to the mild winter. Alongside Germany (58% of sales), most other countries were positively oriented. Prospects are bright in Italy, France and Spain on the back of the transposition of the EU directive requiring sub-me...
​Germany’s Ista, Europe’s leading sub-metering company, released solid 2Q16 results with sales up 5.9% to €227m and EBITDA up 6.6% to €106m. In this quarter of low seasonality, the company partly made up for the soft start in the year, which had seen some German customers delay billing activity due to the mild winter. Alongside the core German activity (58% of sales), most other countries were positively oriented, notably EU countries on the back of the transposition into national law ...
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