Day: April 21, 2020

Due to sudden changes in the economic environment, AS LHV Group is disclosing an updated financial plan for this year. Compared to the plan published in February, the planned growth of business volumes has been reduced, the volume of loan write-downs has been significantly increased and as a result the profit forecast has been lowered.According to the updated financial plan, in 2020 compared to the previous year, revenues of the consolidation group will increase by 18%, expenses by 14% and loan write-downs sixfold, resulting in a decrease of consolidated net profit to EUR 19.2 million or by 29% when compared to 2019. In terms of business volumes, LHV estimates a 7% growth of the loan portfolio, 11% increase in deposit volumes and 6% increase in assets under management for this year.Compared to the plan disclosed in February, the group’s...

Seoses majanduskeskkonna järsu muutusega avalikustab AS LHV Group uuendatud finantsplaani käesolevaks aastaks. Võrreldes veebruaris avaldatud plaaniga on vähendatud ärimahtude kasvu, suurendatud oluliselt laenuallahindluste mahtu ning sellest tulenevalt langetatud kasumiprognoosi.Uuendatud finantsplaani järgi kasvavad konsolideerimisgrupi tulud 2020. aastal eelmise aastaga võrreldes 18%, kulud 14% ja laenuallahindlused 6 korda, mis tähendab konsolideeritud puhaskasumi vähenemist 19,2 miljoni euroni ehk 29% võrra 2019. aastaga võrreldes. Ärimahtude osas prognoosib LHV tänavuseks aastaks 7% laenuportfelli kasvu, 11% hoiuste mahu kasvu ja 6% hallatavate fondide mahu kasvu.Grupi puhaskasum jääb tänavu veebruaris avaldatud plaaniga võrreldes peaaegu poole väiksemaks, ulatudes 19 mln euroni, millest 7,5 miljonit teeniti juba esimeses kvartalis....

FLOW TRADERS Q120 TRADING UPDATEAmsterdam, the Netherlands – Flow Traders N.V. (Euronext: FLOW) releases its unaudited Q120 trading update.HighlightsExceptional and challenging market environment experienced globally during the first quarter across all products; particularly in March which saw record ETP Value Traded and extremely high levels of market activity. Overall, Market ETP Value Traded increased 100% quarter-on-quarter and 80% vs Q119Flow Traders ETP Value Traded increased 76% quarter-on-quarter and increased 71% vs Q119Flow Traders recorded NTI of €495.0m in Q120 reflecting this exceptional market environment with strong performance across all regions. This compares to NTI of €46.1m in Q419 and €63.1m in Q119Total operating expenses of €171.2m incurred in Q120. €0.9m of one-off expenses predominantly due to the activation...

Royal Vopak: Interim Update Q1 2020Highlights for Q1 2020 -excluding exceptional items-:EBITDA of EUR 200 million (Q1 2019: EUR 215 million pre-divestments). Adjusted for minor currency translation effects and the effect of the divestments of the terminals in Algeciras, Amsterdam and Hamburg (EUR 17 million decrease), EBITDA increased by EUR 3 million to EUR 200 million, reflecting resilient business performance including IMO 2020 converted capacity.Occupancy rate for subsidiaries of 84% (Q1 2019: 86%) reflected high levels of planned inspection and maintenance out-of-service capacity (1.6 million cbm), mainly in Rotterdam (Europoort and Botlek chemicals) and Singapore, whereas the recent contango developments in the oil markets are supportive for occupancy rate developments for the following quarters.Proportional occupancy rate of 86%...

In the first quarter of 2020, AS LHV Group earned a total of EUR 7.5 million in consolidated profit. In Q1, the bank earned a net profit of EUR 8.1 million, and asset management recorded a loss of EUR 0.6 million.LHV Group paid EUR 2.8 million in income tax in Q1. The Group’s return on equity was 14%.The Q1 net profit of the consolidation group was EUR 2.5 million higher year-on-year, and EUR 1.1 million higher than in Q4 2019.During the quarter, the Group’s consolidated net loan portfolio increased by EUR 52 million (+3%; + EUR 465 million in Q4 2019), to EUR 1.74 billion. Consolidated deposits increased by EUR 252 million (+9%; + EUR 166 million in Q4), to EUR 2.95 billion. At the same time, the deposits related to payment intermediaries increased by EUR 129 million, deposit platforms added EUR 45 million, and the deposits of regular...

2020. aasta esimeses kvartalis teenis AS LHV Group kokku 7,5 miljonit eurot konsolideeritud puhaskasumit. Pank teenis I kvartalis 8,1 miljonit eurot puhaskasumit ja varahalduse kahjum oli 0,6 miljonit eurot.LHV Group maksis esimeses kvartalis 2,8 miljonit eurot tulumaksu. Grupi omakapitali tootluseks kujunes 14%.Konsolideerimisgrupi I kvartali puhaskasum oli 2,5 miljoni euro võrra suurem kui eelmisel aastal ning 1,1 miljoni euro võrra suurem, kui 2019. aasta IV kvartalis.Grupi konsolideeritud netolaenuportfell kasvas kvartaliga 52 miljoni euro võrra (+3%; +465 miljonit eurot 2019. aasta IV kvartalis) 1,74 miljardi euroni. Konsolideeritud hoiused kasvasid 252 miljoni euro võrra (+9%; +166 miljonit eurot IV kvartalis) 2,95 miljardi euroni. Seejuures kasvasid maksevahendajatega seotud hoiused 129 miljoni euro võrra, hoiuseplatvormidelt lisandus...

More than 99 percent of cervical cancers are caused by persistent high-risk HPV infection1Cervical cancer is nearly 100 percent preventable with proper HPV vaccination, screening and treatment; expanding access helps reach more women2,3cobas 6800/8800 Systems deliver full automation, helping laboratories meet the throughput and efficiencies that high-volume, HPV DNA screening programs require             Basel, 21 April 2020 – Roche (SIX: RO, ROG; OTCQX:RHHBY) today announced US Food and Drug Administration (FDA) approval for the cobas® HPV test for use on the fully automated, high-throughput cobas® 6800/8800 Systems. The cobas® HPV test identifies women at risk for cervical cancer by detecting the presence of high-risk human papillomavirus (HPV) DNA in cervical samples. Persistent high-risk HPV infections can develop into precancerous...

In Q1 2020, the net loan portfolio of Coop Pank exceeded EUR 0.5 billion. In the first three months of the year, the loan portfolio increased by EUR 44 million (+9%), reaching EUR 504 million. The home loan portfolio demonstrated the largest growth in Q1, increasing by EUR 20 million (+11%), business loans increased by EUR 16 million (+10%), leasing portfolio by EUR 6 million (+9%) and private consumer finance portfolio by EUR 2 million (+3%). Compared to Q1 of 2019, the loan portfolio of the bank increased by EUR 153 million (+44%).In Q1 2020, the volume of Coop Pank’s deposits increased by EUR 41 million (+8%), reaching EUR 547 million by the end of the quarter. Demand deposits increased by EUR 14 million (+9%) and term deposits by EUR 27 million (+8%) over the quarter. Compared to Q1 2019, the volume of the bank’s deposits...

Coop Panga neto laenuportfell ületas 2020. aasta I kvartalis 0,5 miljardi euro piiri. Aasta esimese kolme kuuga kasvas laenuportfell 44 miljoni euro võrra (+9%), ulatudes 504 miljoni euroni. Suurimat kasvu näitas I kvartalis kodulaenuportfell, mille maht kasvas 20 miljonit eurot (+11%), ärilaenude maht kasvas 16 miljonit eurot (+10%), liisinguportfell 6 miljonit eurot (+9%) ja erakliendi tarbimisfinantseerimise portfell 2 miljonit eurot (+3%). 2019. aasta I kvartaliga võrreldes kasvas panga laenuportfell 153 miljoni euro võrra ehk 44%.2020. aasta I kvartalis kasvas Coop Panga hoiuste maht 41 miljoni euro võrra (+8%), ulatudes kvartali lõpu seisuga 547 miljoni euroni. Nõudmiseni hoiused kasvasid kvartaliga 14 miljonit eurot (+9%) ja tähtajalised hoiused 27 miljonit eurot (+8%). Võrreldes 2019. aasta I kvartaliga kasvas panga hoiuste maht...

First Quarter HighlightsNet income of $1.4 million, down $0.2 million, from net income of $1.6 million for first quarter of 2019Diluted earnings per share of $0.30, down $0.05, from $0.35 for first quarter of 2019Gain on sales of loans of $1.1 million, up $0.7 million, from $0.4 million for first quarter of 2019Net interest margin of 3.76%, down 35 basis points, from 4.11% for first quarter of 2019Provision for loan losses of $0.5 million, up $0.5 million, from first quarter of 2019