Month: July 2020

 Communiqué information réglementéePress release regulated informationMise à disposition du Rapport Financier SemestrielHalf-year financial report available     Paris, le 29 juillet 2020     MRM annonce ce jour avoir mis à disposition du public et déposé auprès de l’Autorité des Marchés Financiers son rapport financier semestriel relatif au premier semestre 2020.     Il est consultable sur le site Internet de la Société : www.mrminvest.com, dans la rubrique « Finance – Information financière – Informations réglementées ».     Ce document intègre le rapport semestriel d’activité, les états financiers consolidés semestriels résumés, le rapport des Commissaires aux comptes sur l’information financière semestrielle ainsi que l’attestation du responsable du rapport financier semestriel.     Paris, 29 July 2020     MRM announces the...

Press release, Paris, France 29th July 2020Robust performance in challenging environment, engaged global team, “walking the talk” on Nexans strategy  Swiftly deployed Crisis Mode to protect employee’s health & safety, while delivering Production ContinuityRecord Free Cash Flow enhanced by tight working capital managementRobust performance reflecting superior execution, team engagement and customer satisfactionTransformation accelerated and reinforcedPaving the way for a stronger New Nexans – non-core asset disposal agreement       In the First Half 2020,Sound standard Sales1 of 2,895 million euros, down by -9.8% organic growth2 in challenging timesRobust EBITDA of 162 million euros3 reflecting accelerated efforts on transformationEBITDA rate of 5.6% in June 2020 against 6.0% in June 2019EBITDA excluding estimated Covid-19 impact4...

Communiqué de Presse, Paris, France 29 juillet 2020Performance robuste et forte mobilisation des équipes dans un contexte difficile, engagement respecté pour la stratégie de NexansDéploiement rapide du plan de gestion de crise pour préserver la santé et la sécurité des équipes, tout en assurant la continuité de la productionGénération de trésorerie record grâce à une gestion rigoureuse du besoin en fonds de roulementPerformances robustes reflétant une grande qualité d’exécution, l’engagement des équipes et la satisfaction clientTransformation accélérée et renforcéeBâtir un nouveau Nexans plus solide – accord de cession d’actifs non stratégiques       Au premier semestre 2020 :Chiffre d’affaires1 à cours des métaux constants de 2 895 millions d’euros, représentant une croissance organique2 de -9,8 % dans une période difficileEBITDA3...

Despite very low oil prices, free cash flow was positive from the oil and gas operations in second quarter and over MUSD 380 free cash flow for the six months periodRecord quarterly production of 162.9 Mboepd in the second quarterAccelerated ramp up and increased phase 1 plateau production at Johan Sverdrup; phase 1 capacity of 470 Mbopd to be tested for further upside, during second half of this yearSignificant increase in liquidity during the period from cost reductions and phasing, tax incentives and additional debt facilitiesContinued out performance at Edvard Grieg; increase in reserves and extension of plateau production anticipatedEight potential projects to be accelerated due to recent Norwegian tax incentives, targeting over 120 MMboe of net resourcesAwarded credit rating of ‘BBB-‘ with stable outlook by S&P Global, confirming...

Trots det mycket låga oljepriset uppnåddes positivt fritt kassaflöde från olje- och gasverksamheten för det andra kvartalet, och för sexmånadersperioden uppgick det till 380 MUSD.Rekordhög produktion om 162,9 Mboepd för det andra kvartalet.Snabb produktionsökning och ökad platåproduktionsnivå på Johan Sverdrup. Första fasens kapacitet om 470 Mbopd testas för möjlig ytterligare produktionsökning under det andra halvåret.Betydande likviditetsökning under sexmånadersperioden till följd av kostnadsminskningar, senareläggning av projekt, stimulanspaket i form av ändringar i skattelagen och ytterligare kreditfaciliteter.Fortsatt utmärkta resultat från Edvard Grieg. Både reservökning och förlängd platåproduktion förväntas.Åtta potentiella projekt, med målsättning att nå nettoresurser om över 120 MMboe, kommer att påskyndas med anledning av de...

SECOND QUARTER & FIRST HALF 2020 RESULTSClichy, France, July 29th, 2020Weak underlying market trends worsened by an uneven COVID-19 epidemic impactDeveloping countries deeply hit by the extended quarantine periods and frozen supply chainsSuperstores and Office Supply channels heavily impacted by school closures and limited business activity in Mature MarketsImproved short-term resilience thanks to prudent management of Operating ExpensesSustained Cash Flow Generation“BIC 2022 – Invent the Future” transformation plan on track to deliver 50 million euros annualized savings by the end of 2022“Our First Half results reflect our ability to adapt quickly to the evolution of our environment. Despite market headwinds and other challenges, I am proud of how the organization has focused on both the health and safety of our team members...

RÉSULTATS DU DEUXIÈME TRIMESTRE ET DU PREMIER SEMESTRE 2020Clichy, France, 29 juillet 2020Tendances de marché difficiles aggravées par l’épidémie de COVID-19 dont l’impact a été contrastéPays émergents fortement touchés par des confinements prolongés et par l’arrêt brutal des circuits d’approvisionnement« Superstores » et fournituristes de bureau lourdement impactés par les fermetures d’écoles et l’activité réduite des entreprises dans les pays maturesAmélioration de la résilience à court terme grâce à une gestion prudente des dépenses d’exploitationMaintien de la génération de CashPlan de transformation « BIC 2022-Invent the Future » en bonne voie pour générer 50 millions d’euros d’économies annualisées à partir de la fin 2022 “Nos résultats du premier semestre démontrent notre capacité à nous adapter rapidement face à l’évolution...

Crystal Lake, Illinois: West Suburban Currency Exchanges, Inc. is pleased to announce they offer a convenient location in Crystal Lake, IL. This location provides all of the services the currency exchange is known for, including foreign currency exchange, vehicle licensing, license plate renewal, check cashing, Visa debit cards and more. When individuals are leaving from or returning to the country, there’s a need to exchange currency so they always have the appropriate cash options available. The team at West Suburban Currency Exchanges, Inc. can exchange US dollars for just about any other currency and vice versa. They use the latest exchange rates to ensure the best results for every transaction. However, it’s important for customers to keep in mind they only deal in bills, not coins. In addition to providing currency exchange at their...

The Global Agribusiness Market is a $2.4 Trillion USD Industry with over One Billion People Worldwide working within the Industry. The Agribusiness Industry contributed over $159 Billion USD in export sales to the Unites States’ Economy in 2018. In 2018, the FDI in the United States Agribusiness Industry totaled more than $14 Billion USD. The United States Agribusiness Industry is a major competitor in the Global Market, due to its strong workforce, market size, and infrastructure. The Private Placement Markets’ Agribusiness Market will be home to Seed Stage, Start-up Stage, Early Stage, and Growth Stage Agribusiness Industry Companies encompassing subsections such as (but not limited to) Agricultural Chemicals, Crop Production, Aquaculture, Agricultural Machinery & Equipment, and Livestock. The Private Placement Markets is a growing...

The first of its kind, Gap Trading Stats gives traders historical insight into how individual stocks prices tend to gap up or downward. New York, NY – Wealth Builders HQ has introduced a new tool for traders. The company is confident that its new Gap Trading Stats product will have a positive impact on the way men and women analyze and trade the stock market. The latest product from the New York-based market education company provides analytical data that identifies the frequency that stocks fill gaps on a statistical chart. A gap is created when a stock quickly rises or falls from its current selling price. The new Gap Trading Stats will identify how often that stock will go back and fill that gap, given the trader a statistical basis for entering or avoiding a trading position. “We are so excited about our Gap Trading Stats,” said...