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February 06, 2016 9:30 PM ET

Diversified Telecommunication Services

Company Overview of Daisy Group plc

Company Overview

Daisy Group plc, together with its subsidiaries, provides telecommunication and managed services to SME, and mid-market and corporate businesses in the United Kingdom. The company operates through three divisions: Daisy Retail, Daisy Wholesale, and Daisy Distribution. It offers network services, such as fixed line calls and rentals, inbound telephony services, and select services; data solutions, which include hosting, broadband, leased lines, bonded DSL, IP VPN/MPLS networks, Ethernet, and Voice over Internet Protocol(VoIP) solutions; and systems maintenance, and engineering and equipment services. The company is also involved in the retail of mobile products, including mobile and smart pho...

Daisy House

Lindred Road Business Park

Nelson,  BB9 5SR

United Kingdom

1,545 Employees


44 12 8260 7729

Key Executives for Daisy Group plc

Chief Executive Officer
Founder and Executive Chairman
Age: 41
Chief Financial Officer and Executive Director
Age: 51
Retail Managing Director
Compensation as of Fiscal Year 2015.

Daisy Group plc Key Developments

Daisy Group Secures Places on Govt. Network Services Framework

Daisy Group declared that it has secured places in 10 different lots under the UK Government's new Network Services framework agreement (RM1045). These consist of data access, local connectivity, traditional telephony, inbound telephony, IP telephony, mobile voice and data, paging, audio conferencing, video conferencing and integrated communications services.

Daisy Group plc Announces Unaudited Consolidated Earnings Results for the Six Months Ended September 30, 2014

Daisy Group plc announced unaudited consolidated earnings results for the six months ended September 30, 2014. For the period, the company reported revenue of £169,600,000 compared to £173,900,000 a year ago. Operating loss was £8,095,000 compared to £11,931,000 a year ago. Adjusted EBITDA was £25,830,000 compared to £27,806,000 a year ago. Loss before tax was £12,112,000 compared to £14,995,000 a year ago. Loss after tax was £9,809,000 or 3.80 pence per basic and diluted share compared to £10,072,000 or 3.90 pence per basic and diluted share a year ago. Net cash generated from operating activities was £10,897,000 compared to £14,366,000 a year ago. Payment to acquire intangible assets was £4,065,000 compared to £5,401,000 a year ago. Purchase of property, plant and equipment was £759,000 compared to £1,944,000 a year ago.

Daisy Group plc Announces Resignation of Directors

Further to the announcement made by Chain Bidco plc on December 9, 2014 that it had acquired or had received valid acceptances of the offer in respect of, in aggregate, 261,230,066 Daisy Group plc's shares (representing approximately 97.85% of the total issued share capital of the company), Peter Dubens, Christina Kennedy, Laurence Blackall and Ian McKenzie have resigned as directors of the company with effect from December 19, 2014.

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