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November 28, 2015 9:29 AM ET


Company Overview of Bermuda Press (Holdings) Limited

Company Overview

The Bermuda Press (Holdings) Limited engages in publishing and printing businesses in Bermuda. The company conducts its operations through Publishing and Retail, Printing, and Rental and Other segments. The Publishing and Retail segment is involved in newspaper, online, and magazine publishing activities; and the sale of stationery and office equipment. The Printing segment engages in commercial and retail printing, and directory publishing activities. The Rental and Other segment is involved in property rental activities, investment activities, and other operations. The Bermuda Press (Holdings) Limited also provides online classified advertising services; and is involved in real estate hold...

2 Par-la-Ville Road



Key Executives for Bermuda Press (Holdings) Limited

Bermuda Press (Holdings) Limited does not have any Key Executives recorded.

Bermuda Press (Holdings) Limited Key Developments

Bermuda Press (Holdings) Limited Announces Changes to the Board of Directors

Bermuda Press (Holdings) Limited announced that Stephen W. Thomson has been elected Chairman and that Chiara T. Nannini was elected to the Board of Directors at Annual General Meeting. Stephen W. Thomson is the President of Mailboxes Unlimited Ltd. and of Just Shirts Group of Dry Cleaners. He was elected to the Board of Directors of The Bermuda Press (Holdings) Limited in 1997 and had served as the Deputy Chairman since 2013. Chiara T. Nannini, is an associate in the corporate department of Conyers Dill & Pearman.

Bermuda Press (Holdings) Limited Reports Unaudited Earnings Results for the Six Months Ended March 31, 2014

Bermuda Press (Holdings) Limited reported unaudited earnings results for the six months ended March 31, 2014. For the period, revenue was BMD 12,102,000 against BMD 12,638,000 a year ago. Net income before discontinued operations and extraordinary items was BMD 45,000 against BMD 844,000 a year ago. Loss attributable to shareholders before extraordinary items was BMD 112,000 or 3 cents per share against income attributable to shareholders before extraordinary items of BMD 675,000 or 61 cents per share a year ago. Net loss attributable to shareholders was BMD 112,000 or 8 cents per share against net income attributable to shareholders of BMD 675,000 or 49 cents per share a year ago. The decrease in revenue in 2014 was primarily a result of the slowing down of advertising revenue in The Royal Gazette. Whilst the publication is maintaining healthy levels of readership, its advertisers continue to be cautious with advertising expenditure.

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