Latest news with #SeanWalsh
Yahoo
4 days ago
- Sport
- Yahoo
Auchinachie donates $1,000 to Whitney Point Civic Association
BROOME COUNTY, N.Y. (WIVT/WBGH) – The charitable branch of Auchinachie, called Auchinachie CARES, recently donated $1,000 to a local nonprofit dedicated to empowering the community through athletics and activities. The Whitney Point Civic Association began serving the community in 2024. It works to create additional opportunities for youth sports and events in northern Broome County. Since its inception, it has extended the season for several athletes with baseball, basketball, and girls' soccer programs. President of WPCA Sean Walsh says there is an unmet need for accessible sports and community services in the rural parts of the county. 'We identified that we had a bunch of athletes that wanted to do additional seasons, so we said, 'Hey, let's figure it out and do it right.' With that, we had folks reach out to us and say 'Hey, well what if we do some community service stuff to try to tie it in.' As a small town, everybody is pitching in, and it's up to us to make the town what we want it to be,' said Walsh. The donation will help fund the organization's annual golf tournament, which supports the baseball and basketball programs. The WPCA also hosts several community programs. Its next event is on Saturday. It will be hosting a Healthy Relationships and Boundaries class, followed by a sound bath and meditation. More information is available at Horace Mann prepares to say 'farewell' to Principal Peter Stewart Ponies clinch 11th straight win on Baseball and Education Day Healing After Loss helps community members cope with grief Auchinachie donates $1,000 to Whitney Point Civic Association Celebrate the anniversary of Schoolhouse No. 4 with free tour Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
BreakingNews.ie
13-05-2025
- Politics
- BreakingNews.ie
Cork man remanded in custody in Tyrone after extradition over New IRA charges
A man wanted to stand trial on terrorism charges has appeared in court in Co Tyrone after being extradited from the Republic. Omagh Magistrates' Court heard that Sean Walsh, 58, of Belmont Park, Ballinlough, Douglas, Co Cork, is alleged to have attended a meeting which was targeted in a PSNI surveillance operation against the New IRA. Advertisement A PSNI detective sergeant told the court that he had executed the extradition warrant on Walsh on Tuesday morning outside Newry. He said there had been a 'lengthy' courts and appeal process in the Republic after the warrants were first issued by a Belfast court in November 2021. The detective told the court the case against Walsh related to Operation Arbacia, which was a surveillance operation targeting alleged New IRA meetings. He said police believe Walsh attended a meeting in 2020 in the Omagh area. Advertisement A number of other people have been charged as part of the same operation. Walsh is to stand trial for offences of belonging to a proscribed organisation, directing terrorism, conspiracy to direct terrorism and preparation of acts of terrorism. The charges relate to a meeting that allegedly took place at an address on Buninver Road in Gortin, Co Tyrone. Ireland Nephew (27) of late Aslan singer Christy Dignam di... Read More A prosecuting barrister told the court that she would oppose any application for bail. Advertisement She said Walsh had no address in Northern Ireland and had fought his extradition to the jurisdiction. District Judge Peter Magill pointed out that Walsh had no legal representative in court and adjourned the case until Wednesday in Dungannon to allow for his lawyer to be present to make a bail application.
IOL News
08-05-2025
- Business
- IOL News
KAL Group profit dips slightly, but management is optimistic about the second half
The KAL Group is an agriculture and lifestyle company specialising in the trade and retail of agriculture, fuel and related markets in southern Africa. Its management is optimistic about trading prospects in the second half of is financial year to end-September 2025. Image: supplied KAL Group, the JSE-listed agri, fuel and convenience speciality retailer reported a steady performance in the six months to March 31, with earnings only marginally lower, and it has predicted a stronger performance in the second half. It generated R557.1 million in earnings before interest, tax, depreciation, and amortisation (EBITDA), a decline of 2.1% over the first half of last year, while R440.6m in pre-tax profit (PBT) was lower by 3.9%. However, the interim dividend was raised to 56 cents a share from 54 cents in 2024 – reflecting business confidence and a commitment to shareholder returns. 'KAL Group has grown tenfold over the past 14 years. To put it in perspective – fourteen years ago, we made just 10% of what we've reported this half. That kind of growth, even in a flat period, shows our business remains solid,' Sean Walsh, CEO of KAL Group, said Thursday. Debt was reduced by R243.5m in the first half, and the debt-to-equity ratio declined to 48.4% from 56.5%. The balance sheet remained robust, with healthy cash flow, strong working capital, and debt levels at their lowest in a decade. 'Over the past two years, we've deliberately prioritised debt stabilisation and cash preservation, including refraining from major expansion to bed down the R1 billion PEG Retail Holdings acquisition,' he said. He said they were now well positioned to reach their target of R1.5 billion PBT by 2030, and a debt-to-equity ratio of 40%, delivering a return on equity of 15%. 'We will achieve this through footprint expansion, market share growth, and improved efficiencies, with the team expecting significant inroads already made by year-end,' he said. Revenue was impacted by a 12.4% decline in fuel prices — fuel comprises 57% of the group's revenue, but this had no material effect on profitability due to the regulated nature of fuel pricing. Walsh said a R5 change in the fuel price per litre can shift revenue by as much as R250m in a month, yet it has little bearing on gross profit apart from the one-off stock price adjustment. In fact, group R1.7bn gross profit increased by 0.9% (and by 1.5% excluding fuel price change gains). The Agrimark business reported a 2.4% year-on-year increase in PBT. The segment felt the impact of slow growth in the general retail sector and a slowdown in building activity — with cement volumes down 0.7%. However the lower interest rate environment was seeing farmers beginning to reinvest and spend capital after several tough years. Strong sales of netting infrastructure at Agrimark signalled a return of capital investment to farms, and strong fertiliser sales signaled an execution of strategy in to grow market share in the Eastern Cape. The fuel and convenience business, TFC Operations (TFC), was rebranded to PEG Retail Operations (PEG). PEG was affected by lower fuel prices, subdued volumes, and the shift in the Easter holiday trading period from March last year to April this year. PBT declined by 4.8%.
