Latest news with #ZegonaCommunications
Yahoo
4 days ago
- Business
- Yahoo
Telecoms boss lands record £131m payday
The boss of a little-known UK telecoms business was handed a record £131m last year, marking the highest-ever package paid by a London-listed business. Eamonn O'Hare, who runs Zegona Communications, received a £129m bonus in 2024, on top of £2m in annual pay and benefits. The company's operations chief, Robert Samuelson, also took home a total package of £66m. By contrast, the average remuneration for an FTSE 100 chief executive last year was £4.2m. The lucrative pay awards were made after Zegona acquired Vodafone's Spanish arm for £4.4bn last year. Mr O'Hare and Mr Samuelson, both former Virgin Media executives, launched Zegona a decade ago to buy up struggling assets in the telecoms sector and turn them around. Zegona went public in 2015 with a float on London's AIM junior exchange, when it raised £30m. However, its value has since soared after undertaking a series of deals, buying up unloved assets and selling them on for profit. It took over Spanish regional telecoms business Asturias in 2015 in a €640m deal before later selling it for a considerable profit. Last year, Zegona also completed a deal for Vodafone Spain in a €5bn transaction amid a carve-up of the company's European divisions. Zegona said the deal was the 'culmination of three years of concerted efforts and exceptionally hard work' by its senior executives, which was reflected in 'key remuneration matters'. The company's pay structure rewards senior leaders with up to 15pc of the growth in value of Zegona's shares. The majority of the pay awards will take the form of stock. Zegona's annual report said its pay structure was 'non-standard in nature' but had been 'central to Zegona's outsize performance, driving unrelenting commercial focus and shareholder value creation'. The company reported revenues of €3bn and a loss before tax of €450m, which included acquisition costs. It has cut 28pc of Vodafone Spain's headcount since the deal went through last year. Mr O'Hare's pay deal makes him the best-paid chief executive of any London-listed company. Denise Coates, of Bet365, is currently the UK's best-paid chief executive, taking home £150m last year. The Sunday Times first reported the pay deals. Broaden your horizons with award-winning British journalism. Try The Telegraph free for 1 month with unlimited access to our award-winning website, exclusive app, money-saving offers and more. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Telegraph
4 days ago
- Business
- Telegraph
Telecoms boss lands record £131m payday
The boss of a little-known UK telecoms business was handed a record £131m last year, marking the highest-ever package paid by a London-listed business. Eamonn O'Hare, who runs Zegona Communications, received a £129m bonus in 2024, on top of £2m in annual pay and benefits. The company's operations chief, Robert Samuelson, also took home a total package of £66m. By contrast, the average remuneration for an FTSE 100 chief executive last year was £4.2m. The lucrative pay awards were made after Zegona acquired Vodafone's Spanish arm for £4.4bn last year. Mr O'Hare and Mr Samuelson, both former Virgin Media executives, launched Zegona a decade ago to buy up struggling assets in the telecoms sector and turn them around. Zegona went public in 2015 with a float on London's AIM junior exchange, when it raised £30m. However, its value has since soared after undertaking a series of deals, buying up unloved assets and selling them on for profit.
Yahoo
19-07-2025
- Business
- Yahoo
Returns Are Gaining Momentum At Zegona Communications (LON:ZEG)
Finding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key financial metrics. Firstly, we'll want to see a proven return on capital employed (ROCE) that is increasing, and secondly, an expanding base of capital employed. If you see this, it typically means it's a company with a great business model and plenty of profitable reinvestment opportunities. So on that note, Zegona Communications (LON:ZEG) looks quite promising in regards to its trends of return on capital. This technology could replace computers: discover the 20 stocks are working to make quantum computing a reality. What Is Return On Capital Employed (ROCE)? If you haven't worked with ROCE before, it measures the 'return' (pre-tax profit) a company generates from capital employed in its business. Analysts use this formula to calculate it for Zegona Communications: Return on Capital Employed = Earnings Before Interest and Tax (EBIT) ÷ (Total Assets - Current Liabilities) 0.05 = €314m ÷ (€8.5b - €2.2b) (Based on the trailing twelve months to March 2025). Thus, Zegona Communications has an ROCE of 5.0%. Ultimately, that's a low return and it under-performs the Telecom industry average of 11%. Check out our latest analysis for Zegona Communications In the above chart we have measured Zegona Communications' prior ROCE against its prior performance, but the future is arguably more important. If you'd like to see what analysts are forecasting going forward, you should check out our free analyst report for Zegona Communications . What Can We Tell From Zegona Communications' ROCE Trend? We're delighted to see that Zegona Communications is reaping rewards from its investments and is now generating some pre-tax profits. About five years ago the company was generating losses but things have turned around because it's now earning 5.0% on its capital. In addition to that, Zegona Communications is employing 1,807% more capital than previously which is expected of a company that's trying to break into profitability. We like this trend, because it tells us the company has profitable reinvestment opportunities available to it, and if it continues going forward that can lead to a multi-bagger performance. On a side note, we noticed that the improvement in ROCE appears to be partly fueled by an increase in current liabilities. Effectively this means that suppliers or short-term creditors are now funding 26% of the business, which is more than it was five years ago. It's worth keeping an eye on this because as the percentage of current liabilities to total assets increases, some aspects of risk also increase. What We Can Learn From Zegona Communications' ROCE To the delight of most shareholders, Zegona Communications has now broken into profitability. And a remarkable 560% total return over the last five years tells us that investors are expecting more good things to come in the future. With that being said, we still think the promising fundamentals mean the company deserves some further due diligence. Before jumping to any conclusions though, we need to know what value we're getting for the current share price. That's where you can check out our that compares the share price and estimated value. While Zegona Communications may not currently earn the highest returns, we've compiled a list of companies that currently earn more than 25% return on equity. Check out this free list here. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
