Thorn-EMI 1995 Annual Report
Thorn-EMI 1995 Annual Report
Thorn-EMI 1995 Annual Report
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Summary of main announcements<br />
for the 1994/95 frnancial year<br />
<br />
<br />
Preliminary results for the year to 3l March 1994<br />
Sale of THORN Security Group<br />
<br />
<br />
<br />
<br />
David Barnes' intention to retire from THORN <strong>EMI</strong> Board<br />
Reaction to MMC <strong>Report</strong> on the supply of recorded music in the UK<br />
Agreement in principle with Thomson-CSF on sale of THORN <strong>EMI</strong><br />
Electronics' Defence Group<br />
Sale of35 per cent interest in Babcock<strong>Thorn</strong><br />
<br />
Acquisition of German recorded music company, Intercord<br />
<br />
AGM statement<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
<br />
Intention to increase interest in Toshiba-<strong>EMI</strong> (TO<strong>EMI</strong>) (|apan) from<br />
50 to 55 per cent<br />
Results for the three months to 30June 1994<br />
Completion of transaction to increase Toshiba-<strong>EMI</strong> shareholding;<br />
acquisition of TO<strong>EMI</strong> music publishing company<br />
Acquisition of US Christian music company, Star Song<br />
Communications<br />
Discussions with Racal on possible sale of THORN <strong>EMI</strong> Electronics'<br />
Sensors business<br />
lnterim results for the six months to 30 September 1994<br />
Sale of Automation Division<br />
Conditional sale of Delence Group to Thomson-CSF<br />
<br />
<br />
<br />
<br />
<br />
Results for the nine months to 31 December 1994; accelerated exit from<br />
remaining Rumbelows electrical retailing operations in the UK<br />
Acquisition ofselected assets of Dillons, Hatchards and Hodges Figgis<br />
Retention of Dillons outlets<br />
Sale of Sensors businesses to Racal agreed<br />
Exit from defence electronics sector with completion on 31 March <strong>1995</strong><br />
of Sensors and Defence Group divestments
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