Crimsonwing records strong sales performance

Crimsonwing plc

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Crimsonwing announced that the company recorded strong sales performance during the second half of the financial year and is set to achieve the revenue projections. Moreover, it was noted in the statement that there continues to be strong demand across all three business areas — ebusiness, Dynamics and custom solutions. On a negative note however, the overall profitability for Crimsonwing may be negatively impacted by the erosion in the exchange rate of the UK Sterling to the Euro.   

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International Hotel Investments plc

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IHI signed a memorandum of understanding with Libyan Foreign Investments Company for a joint-venture agreement to develop a five-star hotel on the waterfront in central Benghazi, Libya’s second largest city.

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