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Day: April 27, 2022

Interim information January – March 2022

This interim information for the period January – March 2022 has been prepared for the purpose of complying with the terms of Klövern AB’s (publ) bond and loan agreements. Klövern is a subsidiary of Corem Property Group since 15 June 2021. Klövern AB is in process of being renamed Corem Kelly AB. • Income amounted to SEK 844 million (807).• Profit from property management amounted to SEK 327 million (309).• Profit before tax amounted to SEK 1,797 million (909). FINANCING On 31 March 2022, the interest-bearing liabilities amounted to SEK 36,626 million (36,741). Accrued borrowing overheads amounted to SEK 135 million, which means that the reported interest-bearing liabilities in the balance sheet total SEK 36,501 million (36,597). Net financial items, including residential development, amounted during the quarter to SEK –182...

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Yara reports improved first-quarter results

Oslo, 27 April 2022: Yara delivers improved returns in a tight market situation, where higher prices more than offset higher feedstock costs and lower deliveries. First-quarter operating income1 was USD 1,039 million compared with USD 322 million a year earlier. “Yara’s business model is robust, and is performing well also in a volatile situation. I want to give credit to our employees for their hard work to sustain our operations and deliveries amid war, supply disruption and market price volatility”, said Svein Tore Holsether, President and Chief Executive Officer of Yara. “Although Yara’s business is flexible and resilient, the impact of the war on global food security will be dramatic. We repeat our calls for government action to strengthen food supply chains and decrease dependency on Russia”, Holsether said. First-quarter EBITDA...

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Vistin Pharma ASA: First quarter 2022 financial results

Oslo, Norway, 27th of April 2022 Vistin Pharma ASA (Vistin Pharma, OSE: VISTIN) today announces the financial results for the first quarter 2022 Revenue in first quarter ended at MNOK 33 compared to MNOK 71 in Q1 2021. Decrease in revenue for the quarter driven by less volume available for sale due to the planned Metformin Expansion Project (MEP) installation. First quarter EBITDA ended at negative MNOK 18 (Q1’21: MNOK 15). EBITDA unfavorably affected by limited sales volume available, start-up costs for new line, FX and record high electricity prices in quarter. Financial result in the quarter is according to plan and is expected to improve from Q2’22, with more volume available for sale. The net profit ended at negative MNOK 15.2 (Q1’21: MNOK 8.8) for the first quarter of 2022. At end of March both existing production line #1 and new...

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Teck Reports Unaudited First Quarter Results for 2022

Teck starts the year with record-setting financial performance driven by high commodity prices VANCOUVER, British Columbia, April 27, 2022 (GLOBE NEWSWIRE) — Teck Resources Limited (TSX: TECK.A and TECK.B, NYSE: TECK) (“Teck”) today announced its unaudited first quarter results for 2022. “We had an exceptional start to 2022 with continued high commodity prices driving record-setting financial results across our business. Our intention to repurchase a further US$500 million in Class B subordinate voting shares demonstrates both our confidence in the outlook for our business and our commitment to balance growth with shareholder returns,” said Don Lindsay, President and CEO. “This is a transformational year for Teck as we drive towards first copper at our QB2 project in the later part of the year, advance our copper growth strategy...

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DSV, 957 – INTERIM FINANCIAL REPORT Q1 2022

Company Announcement No. 957 Selected key figures and ratios for the period 1 January – 31 March 2022  Q1 2022 Q1 2021     Key figures (DKKm)    Revenue 61,125 33,616Gross profit 12,877 7,785Operating profit (EBIT) before special items 6,496 3,067Special items, costs 404 –Profit for the period 4,386 2,329Adjusted earnings for the period 4,747 2,390Adjusted free cash flow 4,858 1,690     Ratios    Conversion ratio 50.4% 39.4%Diluted adjusted earnings per share of DKK 1 for the last 12 months 60.5 33.7Jens Bjørn Andersen, Group CEO: “For Q1 2022, we report a strong set of results, with earnings growth across all divisions and a strong cash flow. We are tracking the plans for the GIL integration and are on track for completion in Q3 2022. The markets continue to be impacted by tight capacity...

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Incap Group’s business review for January–March 2022 (unaudited): Revenue and EBIT growth continued

Incap Corporation        Stock exchange release           27 April 2022 at 8:30 a.m. (EEST)Business review Q1/2022 Incap Group’s business review for January–March 2022 (unaudited): Revenue and EBIT growth continued This release is a summary of Incap’s business review for January–March 2022. The complete report is attached to this release as a pdf file and available on the company’s website at www.incapcorp.com. January–March 2022 highlightsRevenue increased 41.4% and amounted to EUR 53.3 million (1–3/2021: EUR 37.7 million). Adjusted operating profit (EBIT) increased 22.0%, amounting to EUR 7.0 million (EUR 5.7 million) or 13.1% of revenue (15.2%). Acquisition related purchase price allocation (PPA) amortisation amounted to EUR 0.1 million (EUR 0.2 million) and non-recurring costs were EUR 0.1 million (EUR 0.1 million). Operating profit...

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Report for the three months ended 31 March 2022

THESE MATERIALS DO NOT CONSTITUTE AN OFFER OF SECURITIES FOR SALE OR A SOLICITATION OF AN OFFER TO PURCHASE THE SECURITIES DESCRIBED IN SUCH MATERIALS IN THE UNITED STATES. IN PARTICULAR, ANY SECURITIES REFERRED TO IN THESE MATERIALS HAVE NOT BEEN AND WILL NOT BE REGISTERED UNDER THE U.S. SECURITIES ACT OF 1933 (THE “SECURITIES ACT”), OR UNDER THE SECURITIES LAWS OF ANY STATE OR OTHER JURISDICTION OF THE UNITED STATES AND MAY NOT BE OFFERED, SOLD OR DELIVERED, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES EXCEPT PURSUANT TO AN EXEMPTION FROM, OR IN A TRANSACTION NOT SUBJECT TO, THE REGISTRATION REQUIREMENTS OF THE SECURITIES ACT AND IN COMPLIANCE WITH ANY APPLICABLE SECURITIES LAWS OF ANY STATE OR OTHER JURISDICTION OF THE UNITED STATES. THERE WILL BE NO PUBLIC OFFERING OF SECURITIES IN THE UNITED STATES.Combination of Lundin...

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Huhtamäki Oyj’s Interim Report January 1–March 31, 2022: Strong start to the year

HUHTAMÄKI OYJ INTERIM REPORT 27.4.2022 AT 8:30 Huhtamäki Oyj’s Interim Report January 1–March 31, 2022: Strong start to the year Q1 2022 in brief:Net sales increased 31% to EUR 1,050 million (EUR 802 million) Adjusted EBIT was EUR 98 million (EUR 77 million); reported EBIT was EUR 94 million (EUR 72 million) Adjusted EPS was EUR 0.63 (EUR 0.49); reported EPS was EUR 0.63 (EUR 0.45) Comparable net sales growth was 19% at Group level and 19% in emerging markets The impact of currency movements was EUR 35 million on the Group’s net sales and EUR 3 million on EBITKey figuresEUR million Q1 2022 Q1 2021 Change 2021Net sales 1,049.7 802.1 31% 3,574.9Comparable net sales growth 19% -0%   7%Adjusted EBITDA1 146.6 117.7 24% 488.4Margin1 14.0% 14.7%   13.7%EBITDA 144.6 114.8 26% 469.6Adjusted EBIT2 97.5 77.0 27% 315.3Margin2 9.3% 9.6%   8.8%EBIT 93.5 71.6 31% 296.0Adjusted...

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Ringkjøbing Landbobank’s report for the first quarter of 2022

Nasdaq CopenhagenLondon Stock ExchangeEuronext DublinOther stakeholders 27 April 2022 Ringkjøbing Landbobank’s report for the first quarter of 2022 The bank delivers core earnings of DKK 463 million and profit before tax of DKK 449 million in the first quarter of the year. The profit before tax is equivalent to a 20.7% p.a. return on equity.   Core earnings(DKK million) Q1 2022 Q1 2021 2021 2020 2019 2018Total core income 674 600 2,433 2,179 2,116 2,001Total expenses and depreciation 210 203 817 788 805 866Core earnings before impairment charges for loans 464 397 1,616 1,391 1,311 1,135Impairment charges for loans etc. -1 -29 -68 -223 -100 -43Core earnings 463 368 1,548 1,168 1,211 1,092Result for the portfolio etc. -9 -10 +7 -9 +49 +77Special costs 5 4 17 15 15 217Profit before tax 449 354 1,538 1,144 1,245 952  Highlights...

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With Secure Interim Report 1 January – 31 March 2022

WithSecure Corporation, Interim Report January – March 2022, 27 April 2022 at 08.00 EET With Secure Interim Report 1 January – 31 March 2022 Revenue growth in all businesses, consumer security business demerger progressing WithSecure Board of Directors announced on 17 February 2022 its decision to pursue towards the separation of its Consumer Security business through a partial demerger. It is planned that the Consumer Security business will be transferred into a new independent company to be named F-Secure Corporation (“F-Secure”). WithSecure will continue the Corporate Security business under the new name (“WithSecure”). Reflecting the progress of the demerger plans, WithSecure is presenting consumer security business as Discontinued operations under IFRS 5 from first quarter of 2022. Previous quarters’ income statements...

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