Bussiness
Calnex Solutions falls into the red but expects to return to growth
Hello and welcome to our daily digest of business, financial and economic news from around Scotland.
1. Calnex Solutions, the telecoms, cloud computing and data centre testing firm, has fallen into the red
Tommy Cook, the chief executive of Calnex Solutions, expects a return to growth in the current financial year
PETER DEVLIN/CALNEX
The Aim-listed business booked a £384,000 pre-tax loss in the 12 months to March this year, compared with a £7.2 million profit in the 12 months to March 2023.
Revenue fell by 41 per cent to £16.3 million, with one of the main reasons being the deferral of spending by its telecoms customers. The company maintained its dividend at 0.93 pence per share.
Tommy Cook, the founder and chief executive, said he expected a return to growth in the current financial year.
2. Glasgow airport has introduced free one-hour parking so travellers
Where 49ers would pick in 2025 NFL Draft after loss to Dolphins
Giants take sole possession of No. 1 overall pick in 2025 NFL Draft with Raiders’ win over Jaguars
2025 NFL Draft order: Where Pats stand in first round after Week 16 loss
Bills don’t play a great game, but avoid a bad loss by coming back to beat Patriots
Fantasy Football Waiver Wire: Early pickups for Week 17
Michael Penix Jr.’s promising debut was less about the numbers and more about what it opens up for the Falcons
Booms and Busts: Week 16 provides old school path to fantasy title games with RBs leading the way
Thunder, Alex Caruso reportedly agree to 4-year, $81 million extension
