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Falkland Islands Holdings declares lower profitability; plans name change

Wednesday, September 7th 2016 - 17:54 UTC
Full article 25 comments

Falkland Islands Holdings PLC on Thursday tabled plans to change its name to FIH Group PLC, as it said profitability in the first five months of its financial year was at a lower level than the prior year. Falkland Islands Holdings, which owns services businesses based in the UK and the Falkland Islands, said it will change its name to FIH Group, subject to shareholder approval, to “more properly reflect the balance of the group's activities”. Its activities are now predominantly in the UK and Europe. Read full article

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