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Advance Developing Markets Trust plc - Sales Analysis Snapshot
Business Description This Report provides a comprehensive Sales & Margin summary analysis for Advance Developing Markets Trust plc Tabular results include up to a ten-year history on Sales, EBITDA (Earnings before Interest, Taxes, Depreciation and Amortization), Income before Extraordinary Items and number of Employees. Additional ratios are included for sales growth, earnings and income as a percent of sales and Sales per Employee.
Advance Developing Markets Trust plc. The Company's principal activity is that of an Investment Trust. The objective of the Company is to achieve consistent returns for shareholders in excess of the S&P/IFCI Emerging Markets Composite Index in Sterling terms. The Company is an Investment Company within the meaning of Section 833 of the Companies Act 2006. The Company has been approved by the HM Revenue and Customs as an Investment Trust for the purposes of Section 842 of the Income and Corporation Taxes Act 1988 for the year ended 31-May-2009. Investment management services are provided by Progressive Developing Markets Ltd for a fee calculated at a monthly rate of one-twelfth of 1% of the Company's Adjusted Market Capitalisation. The agreement is terminable on a twelve months' notice.
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