Proactiveinvestors United Kingdom Lonrho PLC articles

Lonrho to open first easyHotel in Africa by the end of 2012

Tue, 03 Apr 2012 08:38:00 +0100

This is the first easyHotel the Africa-focused conglomerate is opening under its exclusive franchise agreement with Sir Stelios Haji-Ioannou's easyGroup. By 2016 there should be 50 across the continent.

Lonrho expansion plans gathering pace

Wed, 27 Jul 2011 10:36:00 +0100

Today’s deal to expand its budget hotel business, under the easyHotel umbrella, is the latest in a series of new developments that are expected to push the African conglomerate through an exciting period of growth. Here we speak to chief executive Geoffrey White about the group's ambitious plans.

Lonrho’s new deal with Wal-Mart is a significant achievement says Panmure Gordon

Mon, 25 Jul 2011 11:14:00 +0100

This morning Lonrho unveiled an agreement to supply African hake fillets to Wal-Mart from October onwards. Panmure Gordon’s Damian NcNeela reckons the significant deal could spark a series of contracts between the African conglomerate and the world’s largest retailer.

Lonrho’s latest acquisition is an excellent strategic fit, says Panmure Gordon

Wed, 20 Jul 2011 14:24:00 +0100

This morning’s deal is the acquisitive conglomerate’s latest add-on within its agriculture business, following on from last month’s acquisition of South African fish processing and cold store business, fish-on-line. Panmure Gordon analyst Damian McNeela reckons this latest addition is an excellent fit with Lonrho's existing Rollex distribution business.

Lonrho: City analyst upbeat on latest acquisition

Fri, 11 Feb 2011 09:44:00 +0000

The diversified African business is set for further growth after it agreed a deal to buy secure accommodation firm AFEX Group for US$8 million. Panmure Gordon analyst Damian McNeela reckons the new unit will complement Lonrho’s Kwikbuild business and the infrastructure division will be more competitive when tendering for larger contracts in Sub Saharan Africa.

Lonrho: Set to harvest growth in strategically important African agriculture industry

Fri, 21 Jan 2011 11:10:00 +0000

The United Nations believes that Africa’s growing agricultural capacity will have a big role to play as the world’s food supply struggles to keep pace with burgeoning population growth. Analysts at City broker Panmure Gordon reckon Lonrho, with its huge agribusiness, could be a major beneficiary of the continent’s emergence as a major force in farming.

Company Q&A: Lenigas reflects on a busy year and gives us his picks for 2011

Thu, 30 Dec 2010 07:12:00 +0000

David Lenigas is a serial entrepreneur and director of no fewer than six AIM-listed companies. Proactive Investors got the Australian entrepreneur’s thoughts on a busy 2010 and his predictions for next year.

Lonrho hitting targets as strong divisional performances drive growth in Q1

Fri, 05 Feb 2010 10:38:00 +0000

The pan-African investor said it is set to meet its ambitiout targets for the full year as its operations continue to make progress across the continent.

Lonrho strategy paying off as core businesses continue to perform in line

Tue, 10 Nov 2009 09:35:00 +0000

Lonrho PLC expects to see strong progress in the first quarter of the 2010 financial year after each of its core businesses continued to perform to expectations in the fourth quarter.

Lonrho: Exposure to African opportunities, including agricultue, ports, regional aviation, infrastructure, water, IT and hotels

Fri, 23 Oct 2009 07:49:00 +0100

Lonrho was reinvented from a standing start in 2006, and in three years has developed a business that operates in five sectors across seventeen countries in Africa.

David Lenigas has big plans for Lonrho Africa

Mon, 06 Aug 2007 00:00:00 +0100

The Lonrho name and image may have lost its lustre in the UK, but in Africa it is still a well-known brand. And the new executive team at Lonrho realises that there is considerable potential to tap into this strong brand awareness on the African continent.