Monthly Archives: January 2017

UK insolvency levels set to increase five per cent over 2017

UK business insolvency will rise by +5 per cent in the next 12 months as the economic slowdown, rising input prices and increased late payment risks begin to take their toll, according to Euler Hermes. This is in sharp contrast with the rest of the continent, where insolvencies will fall by -4 per cent in Western Europe and
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Five employee benefits to help attract the best talent when recruiting for your small business

As a small business, you’re in a position where you can offer more unusual and flexible employee benefits than larger organisations can. Competitive salaries aren’t the only employee benefit job-seekers are after; research carried out by Glassdoor finds that 34 per cent of employees say benefits and perks will attract them to a new job. Here
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Immunotec Annual Revenue Up 28.6% To $109 million

 
Immunotec Inc. (TSXV: IMM), a direct-to- consumer company and leader in the nutritional industry (the “Company” or “Immunotec”), announced its fourth quarter financial results for Fiscal 2016. All amounts in this press release are in Canadian dollars unless otherwise indicated.
“Annual revenues surpassed our expectations and reached an all-time high of $109 million, reflecting solid performances in all regions by Immunotec’s Consultants and Employees.
The weakness of the Mexican Peso significantly impacted profitability during the fourth quarter. On a currency neutral basis, we estimate that this volatility reduced the Adjusted EBITDA1 by approximately $3.4 million compared to last year”, said Charles Orr, Chief Executive Officer.
QUARTERLY PERFORMANCE HIGHLIGHTS

Network sales amounted to $29.7M, an increase of 30.7% over last year, while sponsoring1 of new customers and consultants increased by 50.9% over last year.

Network sales in

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