Market News

Malta International Airport plc (MIA), the operator of Malta’s sole international airport, has officially commenced a strategic share buyback programme, a move that signals strong confidence in the company’s intrinsic value. The programme began last week, with the company repurchasing an initial 3,381 shares at prices ranging from €5.95 to €6 per share. At this […]

BMIT Technologies plc has officially completed the acquisition of a 51% shareholding in 56Bit Limited, a move aimed at strengthening its Amazon Web Services (AWS) and broader cloud capabilities. The acquisition was first announced in March 2025. While BMIT now holds a majority stake, 56Bit will continue to operate as an independent and autonomous company, […]

For the year ended January 31, 2025, Farsons Group reported another year of solid financial and operational performance, showcasing notable growth across both its beverage and food segments. Total revenues were strong, with the beverage segment contributing €101.8 million and the food segment €39.3 million. Even more impressively, group profit after tax soared by 21.9% […]

Bank of Valletta plc (BOV) has formally announced the forthcoming issuance of Series 2 Tranche 1 bonds under its established Unsecured Euro Medium Term Bond Programme. This new offering aims to raise €100 million, with a potential overallotment option allowing the total to increase to a maximum of €150 million. The bonds carry a coupon […]

Malta International Airport (MIA) kicked off 2025 with strong financial and operational results. In the first quarter, revenue rose by 13.7% year-on-year to €29.2 million, driven by a 14% increase in passenger traffic. Operating expenses grew by 11.5%, largely due to a 15.9% rise in staff costs to €4.3 million, reflecting MIA’s investment in talent […]

Mizzi Organisation’s 2024 Annual Report shows a rise in pre-tax profit to €8.6 million (from €8.2 million in 2023), reflecting its diverse operations across retail, automotive, and beverages. Gross profit slightly increased to €63.8 million, but operating profit declined to €11.5 million before property valuation gains and impairment. The group benefited from a €1.4 million […]

MedservRegis plc announced a post-tax profit of €2.09 million for 2024, a significant 62 per cent increase from the €1.29 million in 2023, driven by stronger revenues in Malta, the United Arab Emirates and Iraq. While adjusted EBITDA reached €16.1 million, it was slightly lower than the previous year’s €17.5 million. The integrated logistics specialist […]

RS2 is being considered a leading contender for the acquisition. Global payments processor and technology provider RS2 has officially confirmed its selection to submit a bid for HSBC Malta, a notable step forward in the sale of one of the nation’s largest banks. This news follows initial reporting by the Times of Malta.   In […]

MaltaPost plc has announced a significant pre-tax profit of €4.7 million for 2024, representing a substantial 106% increase compared to the previous year. The national postal service, part of the Lombard Bank Group, described the financial year ending September 30th, 2024, as a successful period where most planned targets were met. Recognizing the dynamic nature […]

The financial performance of Exalco Properties Limited, the entity guaranteeing the €15 million bond issued by Exalco Finance plc, reveals a notable achievement of €2.4 million in profit after tax for the year ending December 31st, 2024. This represents positive growth compared to the €2.2 million profit recorded in the previous year. In addition to […]

MeDirect Bank’s 2024 financial results reflect a strategic shift away from international corporate lending (ICL), resulting in a €5 million pre-tax loss. This was primarily due to increased expected credit losses of €19.3 million, up significantly from €0.9 million in 2023, as a result of realised losses and deterioration within the ICL portfolio. Despite the […]

Bank of Valletta (BOV) announced record-breaking financial results for 2024, achieving a pre-tax profit of €302.4 million, a 20.2% increase from the previous year. This significant growth, attributed to strategic revenue expansion and effective cost management, was presented by BOV’s Chairperson, Dr. Gordon Cordina, CEO Kenneth Farrugia, and CFO Kevin Cardona. A major highlight of […]