Company Overview and News

 
GO2 People goes public

2017-10-31 businessnews.com.au
Belmont-based labour-hire firm GO2 People listed on the ASX today after raising over $10 million to provide more labour to infrastructure projects and grow its building arm. Managing director Billy Ferreira and Head of growth and investor relations Paul Goldfinch founded the company in 2011. It now provided building services as well as labour-hire. In a statement, the company said the IPO would allow it to fast-track its growth by increasing its working capital and geographical presence to take advantage of a national infrastructure boom.
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Deals lift Japanese presence

2017-10-06 businessnews.com.au
Acquisition deals involving Perth companies Programmed Maintenance Services, ASG Group and DVG Automotive Group show a growing Japanese presence in the market.
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Lots of cash and hardware in store as Metcash CEO Ian Morrice readies retirement home

2017-07-19 theage.com.au
Metcash's departing CEO, Ian Morrice, has a bit of housework to do before he saunters out the door sometime before Christmas.
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Lots of cash and hardware in store as Metcash CEO Ian Morrice readies retirement home

2017-07-19 smh.com.au
Metcash's departing CEO, Ian Morrice, has a bit of housework to do before he saunters out the door sometime before Christmas.
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Deals of the day-Mergers and acquisitions

2017-07-14 reuters
July 14 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 1000 GMT on Friday:
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Programmed receives $780m takeover offer

2017-07-14 businessnews.com.au
Investors have welcomed news this morning that Programmed Maintenance Services will be acquired by a Japanese staffing company for about $780 million in cash.
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Programmed Maintenance shares soar on $778m takeover bid

2017-07-14 abc.net.au
Shares in the staffing and facilities maintenance business Programmed Maintenance Services have soared almost 70 per cent on news of a takeover offer from a Japanese company.
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Big businesses sign shorter payment terms

2017-05-29 businessnews.com.au
The lobby group representing Australia’s big businesses has called on the sector to sign up to its new voluntary payment term code in a bid to stave off regulatory changes.
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Programmed sells down marine business

2017-05-24 businessnews.com.au
Programmed Maintenance Services has announced it has sold half of its marine services business to a Netherlands-headquartered company, on the same day it revealed a return to the black with a full-year net profit of $12.3 million.
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Wall St gets Trump budget bump

2017-05-23 perthnow.com.au
THE Australian market looks set to open higher, following Wall Street’s lead which ended higher after the release of US president Donald Trump’s budget plans.
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Programmed lifts on Skilled acquisition

2016-11-23 businessnews.com.au
Programmed Maintenance Services is back in the black and plans to use its Skilled labour hire business to cash in on government projects, programs and private maintenance contracts.
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Programmed slides after guidance cut

2016-09-29 businessnews.com.au
Shares in Programmed Maintenance Services have slid more than 20 per cent after the labour hire and maintenance group slashed its earnings guidance for the current financial year.
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Programmed cuts earnings guidance

2016-09-29 businessnews.com.au
Programmed Maintenance Services has slashed its earnings guidance for the current financial year to $100 million, down from $120 million previously.
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Programmed axes CUB agreements

2016-08-29 businessnews.com.au
Programmed Maintenance Services has scrapped its maintenance labour agreements with Carlton & United Breweries in Victoria to avoid clashing with unions.
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ASX hits nine-month high in $140b rally

2016-05-27 smh.com.au
The S&P/ASX200 lifted 0.3 per cent on Friday and 1 per cent for the week to 5405.9. Photo: iStock
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