Month: July 2021

Preliminary financial data of Ignitis Group (hereinafter – the Group) for 6 months of 2021:  June  2021 2020 ChangeRevenue EUR 122.6 million EUR 96.4 million 27.2 %Adjusted EBITDA* EUR 23.6 million EUR 13.7 million 72.3 % January – June  2021 2020 ChangeRevenue EUR 738.1 million EUR 590.9 million 24.9 %Adjusted EBITDA* EUR 168.2 million EUR 129.0 million 30.4 %In January – June 2021, the Group generated revenue of EUR 738.1 million, which is 24.9 % more compared to a respective period of 2020 (EUR 590.9 million). The results were driven by higher electricity volumes generated by the CCGT unit of the Flexible Generation segment, caused by positive spark spread. Also, Group’s revenue increased as a result of higher electricity and gas sales to business customers in the Customers & Solutions,...

  Press release 29 July 2021     Notification of availability Half-year financial report at June 30, 2021 Paris, July 29, 2021 – EDF announces that its half-year financial report at June 30, 2021 has been made available to the public and filed with the “Autorité des marchés financiers” (AMF).  The half-year financial report is available on the Company’s website www.edf.fr/finance in section “Financial results”.  This press release is certified. You can check that it’s genuine at medias.edf.com About EDF As a major player in energy transition, the EDF Group is an integrated energy company active in all businesses: generation, transmission, distribution, energy trading, energy sales and energy services. EDF group is a world leader in low-carbon energy, having developed a diverse production mix based...

          PRESS RELEASE29 July 20212021 HALF-YEAR RESULTS Strong increase in EBITDA 10% growth in renewable projects portfolio to 66GW Extension of 1,300MW French reactors depreciation period to 50 years 2021 targets upgraded Financial results of the first half of 2021 Sales                                €39.6bn +13.7% org. (1) EBITDA          €10.6bn         +29.8% org. (1)      Net income excluding non–recurring items (2)      €3.7bn x3 (1) Net income – Group share              €4.2bn n.a.                                                               Highlights Nuclear  France:Existing nuclear:Increase of the nuclear output estimate for 2021 from 330-360TWh to 345-365TWh ASN generic decision on the conditions for the continued operation of 900MW reactors after 40 yearsFlamanville 3:Onsite...

AB Klaipėdos nafta (hereinafter – KN, the Company) announces the unaudited consolidated (hereinafter – the Group) and separate financial results for the six months ended 30 June 2021. Main financial indicators of the Group comparing 6 months of 2021 and 2020:  Financial results for 6 months of 2021 Change, compared to 6 months of 2020 Adjusted results for 6 months of 2021 Change, compared to 6 months of 2020Revenue 31.6 million EUR – 22.4% 31.6 million EUR – 22.4%Net profit (loss) – 6.8 million EUR – 16.2 million EUR – 0.2 million EUR – 7.5 million EUREBITDA 14.6 million EUR – 39.7% 14.6 million EUR – 39.7%Main financial indicators of the Company comparing 6 months of 2021 and 2020:  Financial results for 6 months of 2021 Change, compared to 6 months of 2020 Adjusted results...

FIRST-HALF 2021 RESULTS AND SECOND-QUARTER 2021 NET SALES Further increase in profitability Trading profit up +24% at constant exchange rates, of which +9% in France and +33% in Latin America   Net sales for first half stable (-0.5%) on an organic basis In France, success in the transformation of banners with trading margin up +81 bps and 353 stores opened, laying the foundation for a strong return to growth in H2 In FranceRetail banners1:Strong increase in profitability across all banners with trading margin up +81 bps to 2.1%. Trading profit rose by +50%1 (+€49m) thanks to the Group’s transformation plans and reduced Covid-related costs, in a context of lower net sales relative to the very high basis of comparison due to the first lock-down during H1 2020. Net sales represented a same-store change of -8.4% in Q2 2021, due to the...

Press Release – Paris, July 29, 2021 Danone’s Board of Directors to initiate a composition renewal program As part of the transition initiated earlier this year on the company’s governance framework, Danone’s Board of Directors, following a meeting on July 28, decided on a number of evolutions to its upcoming composition. Last March, the Board of Directors decided to separate the functions of Chairman and Chief Executive Officer. This first step led to the appointment on March 14 of Gilles Schnepp as Independent Chairman and, on May 17, to the appointment of a Chief Executive Officer with a strong FMCG experience, Antoine de Saint-Affrique, who will join the company on September 15. The second step announced today corresponds to an overhaul of the Board’s composition. It has been proposed by all the members of the Board and aims at serving...

Wendel half-year 2021 trading update Historical high Net Asset Value per share of €189.1, up +18.9% vs. Dec. 31, 2020 and up +36.4% year-over-year Very strong and profitable rebound by portfolio companies in H1 2021, with activity levels often exceeding H1 2019 €260 million in capital deployed since the beginning of the year Historically high Net Asset Value as of June 30, 2021, at €8,456 million, up +18.9% since December 31, 2020 and up +36.4% year on year Trading discount to Net Asset Value remains at a very high level (40.6%)   Since December 31, 2020 :Bureau Veritas’ value up +18.2%. Unlisted assets’ value up +23.6% driven largely by the rebound in listed peers’ multiples used for valuation, as well as an increase in companies’ actual and expected earnings following their good performance, enhanced by a mark-up (+60% in Q2) of...

Press release Paris, 29 July 2021Financial information at 30 June 2021Revenue growth acceleration in Q2 and near stable EBITDAaLVery strong sales momentum across the Group Material impact on net income from accounting recognition of asset impairments in Spain Growth drivers allow the Group to confirm its 2023 objectivesIn millions of euros   2Q 2021 changecomparablebasis changehistoricalbasis   6M 2021 changecomparablebasis changehistoricalbasisRevenues   10,551 2.6 % 1.7 %   20,867 1.5 % 0.5 %EBITDAaL   3,272 (0.4)% (1.2)%   5,837 (0.4)% (1.3)%Operating Income           (1,752) na naConsolidated net income           (2,605)   naeCAPEX (excluding licenses)   2,085 33.2 % 32.3 %   3,845 22.8 % 21.9 %EBITDAaL – eCAPEX   1,187 (31.0)% (31.6)%   1,992 (27.0)% (27.8)%Organic cash-flow (telecom activities)           840   229.3...

 Sanofi appoints new leaders to Executive Committee and announces future Chair of EUROAPIViviane Monges joins Sanofi as Chair of the Supervisory Board of EUROAPI Roy Papatheodorou appointed EVP, General Counsel and Head of Legal, Ethics & Business Integrity Brendan O’Callaghan appointed EVP, Global Head of Industrial AffairsParis (France) – July 29, 2021 – Karen Linehan and Philippe Luscan, who have led Legal, Ethics & Business Integrity (LEBI) and Industrial Affairs at Sanofi for the last 14 and 13 years respectively have decided to retire. Karen will retire on December 31, 2021 and Philippe later in 2022. Sanofi has appointed Roy Papatheodorou and Brendan O’Callaghan as their respective replacements, joining the company’s Executive Committee. Additionally, Viviane Monges will join EUROAPI, a future leading European...

2021 Half–Year ResultsPress release – Paris, July 29, 2021 Danone back to growth in Q2 with all categories contributingNet sales of €6,171m in the second quarter, up +6.6% on a like-for-like (LFL) basis, and +3.6% on a reported basis, leading H1 sales to grow +1.6% on a like-for-like basis Return to growth driven by focus on execution and delivery: core portfolio renovation and innovation, acceleration in strategic channels and selected investments in key battles Recurring operating margin at 13.1%: selective pricing initiatives, coupled with efficient product mix management and stepped-up productivity partially offsetting adverse category mix and higher inflation Reported EPS up +5.1% at €1.63 and recurring EPS down –9.3% at €1.53 Continued disciplined cash management, with free cash flow reaching €1.0 bn in H1, and...