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Month: February 2021

ABN AMRO reports modest loss of EUR 45 million for FY2020

ABN AMRO reports modest loss of EUR 45 million for FY2020Q4 2020 net profit EUR 54 million, reflecting solid operational performance in a challenging environmentDutch economy and housing market resilient; FY impairments below guidance, expected to decline in 2021Good progress on wind-down of CIB non-core; portfolio has declined by around 45% since Q2Net interest income continues to be impacted by pressure on deposit margins and lower corporate loan volumesDelivered on cost savings programme of EUR 1.1 billion; further cost savings of EUR 700 million by 2024  Very strong capital position, Basel III CET1 ratio of 17.7% (Basel IV above 15%); well placed to pay FY19 dividendNo dividend proposed over 2020; remain committed to resuming payments of dividend sustainablyStrategy review including targets for the longer term presented in November:...

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Equinor ASA: Information relating to proposed dividend for fourth quarter 2020

Key information relating to the proposed cash dividend to be paid by Equinor (OSE: EQNR, NYSE: EQNR) for fourth quarter 2020.Dividend amount: 0.12Declared currency: USDLast day including rights: 11 May 2021Ex-date: 12 May 2021Record date: 14 May 2021Payment date: 27 May 2021The proposed dividend amount is subject to approval by the Annual General Meeting on 11 May 2021.Other information: Dividend per share in NOK will be communicated 19 May 2021.This information is published in accordance with the requirements of the Continuing Obligations.This information is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act

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Equinor ASA: Informasjon angående foreslått utbytte for fjerde kvartal 2020

Nøkkelinformasjon vedrørende foreslått kontantutbytte for Equinor (OSE: EQNR, NYSE: EQNR) for fjerde kvartal 2020.Utbyttebeløp: 0,12Annonsert valuta: USDSiste dag inklusive: 11. mai 2021Ex-dato : 12. mai 2021Record date (eierregisterdato): 14. mai 2021Betalingsdato: 27. mai 2021Foreslått kontantutbytte er betinget av Generalforsamlingens godkjennelse 11. mai 2021.Øvrig informasjon: Utbytte i NOK per aksje vil bli kommunisert 19. mai 2021.Denne informasjonen offentliggjøres i henhold til kravene i Løpende forpliktelser.Denne opplysningen er informasjonspliktig etter verdipapirhandelloven §5-12

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algoWatt awarding a contract with an industrial partner to upgrade the monitoring system of a nationwide electricity transmission grid

algoWatt awarding a contract with an industrial partner to upgrade the monitoring system of a nationwide electricity transmission gridalgoWatt won the tender in association with a leading global technical and engineering consultancy company in the field of technology and innovation for the energy sectorTotal consideration of approximately Euro 0.5 million for the re-engineering and consolidation of the WAMS (Wide Area Monitoring System) system, as part of the electricity system defence solutionsThe contract concerns a technologically highly qualifying work area for one of the most innovative grid monitoring services and for a smarter and more sustainable power transmissionalgoWatt S.p.A., GreenTech Solutions Company listed on the Italian Stock Exchange (MTA), announces that it has been awarded, in a temporary association of companies...

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algoWatt si aggiudica in ATI una commessa per l’aggiornamento del sistema di monitoraggio di una rete di trasmissione elettrica a scala nazionale

algoWatt si aggiudica in ATI una commessa per l’aggiornamento del sistema di monitoraggio di una rete di trasmissione elettrica a scala nazionalealgoWatt ha vinto la gara in associazione con una società leader mondiale di consulenza tecnica e ingegneria nel campo della tecnologia e dell’innovazione per il settore dell’energia elettricaCorrispettivo totale di Euro 0,5 milioni circa per il servizio di reingegnerizzazione e consolidamento del sistema WAMS (Wide Area Monitoring System), nell’ambito delle soluzioni di difesa del sistema elettricoSi tratta di un appalto altamente qualificante dal punto di vista tecnologico per un servizio tra i più innovativi di monitoraggio della rete e per una trasmissione dell’elettricità più intelligente e sostenibile             algoWatt S.p.A., GreenTech Solutions Company quotata sul mercato...

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Societe Generale: Fourth quarter & 2020 full year earnings

Press releaseParis, February 10th 2021Q4 20: CONFIRMATION OF THE IMPROVEMENT OF THE COMMERCIAL AND FINANCIAL PERFORMANCESResilience of revenues in an environment still marked by the crisis (+1.6%* vs. Q3 20, -2.3%* vs. Q4 19)Continued discipline in cost management (-3.0%(1)* vs. Q4 19) with a positive jaws effectCost of risk at 54 basis points resulting from the very good performance of the loan portfolio while including prudent provisioningUnderlying Group net income of EUR 631m (EUR 470m on a reported basis)

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Equinor fourth quarter 2020 and year end results

Equinor (OSE: EQNR, NYSE: EQNR) reports adjusted earnings of positive USD 0.76 billion and negative USD 0.55 billion after tax in the fourth quarter of 2020. IFRS net operating income was negative USD 0.99 billion and the IFRS net income was negative USD 2.41 billion, following net impairments of USD 1.30 billion and a write down of USD 0.98 billion related to the Tanzania LNG project.2020 was characterised by:Results impacted by low oil and gas pricesSolid operational performance during extraordinary circumstancesPositive cash flow in a low-price environmentDelivering USD 3.7 billion in capex and cost reductions, well above ambition for the action plan to strengthen financial resilienceProgressing and capturing value within renewablesSetting ambition to be a net-zero energy company by 2050 to create value as a leader in the energy transition“Our...

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