Day: April 28, 2022
Dovre Group Plc Stock exchange release April 28, 2022 at 9.15 a.m.
DOVRE GROUP TRADING STATEMENT JANUARY 1 – MARCH 31, 2022
Dovre continues its growth, positive development in net sales and operating profit
Dovre Group Plc issues today a trading statement for the three months ended on March 31, 2022. The figures presented in this trading statement are not audited. Last year’s corresponding period in parentheses.
January – March 2022Net sales EUR 47.8 (19.7) million – increase 142.7%Project Personnel: net sales EUR 22.7 (15.4) million – increase 47.3%
Consulting: net sales EUR 4.4 (4.3) million – increase 2.3%
Renewable Energy: net sales EUR 20.7 (-) millionEBITDA EUR 1.9 (1.0) million – increase 84.8%
Operating profit EUR 1.7 (0.8) million – increase 100.7%. The comparison figure in 2021 included EUR...
Mkango Announces Results for Quarter and Year Ending December 2021
Written by Customer Service on . Posted in Earnings Releases And Operating Results.
LONDON and VANCOUVER, British Columbia, April 28, 2022 (GLOBE NEWSWIRE) — Mkango Resources Ltd. (AIM/TSX-V: MKA) (the “Company” or “Mkango”) is pleased to announce its results for the quarter and year ended December 31, 2021. The Financial Statements and Management’s Discussion and Analysis are available under the Company’s profile on SEDAR (www.sedar.com) and on the Company’s website (http://www.mkango.ca/s/financials.asp).
Highlights for the three months ended December 31, 2021, include:The Feasibility Study for Songwe is expected to be completed in the second quarter of 2022. The comprehensive loss for the three months ended December 31, 2021 was $3,671,355 compared to $837,938 for the three months ended December 31, 2020. This increased loss resulted primarily from mineral project expenditures...
PGS ASA: First Quarter 2022 Results
Written by Customer Service on . Posted in Earnings Releases And Operating Results.
Challenging Q1 – Encouraging Market Outlook
Takeaways Q1 2022Revenues and Other Income of $136.2 million, compared to $165.7 million in Q1 2021
Increased contract and MultiClient late sales revenues compared to Q1 2021
MultiClient pre-funding revenues significantly reduced due to a low volume of MultiClient projects finalized and delivered to clients in the quarter
EBITDA of $51.8 million, compared to $117.6 million in Q1 2021
EBIT (ex. impairments and other charges) loss of $20.6 million, compared to a loss of $5.2 million in Q1 2021
Cash flow from operations of $63.4 million, compared to $88.6 million in Q1 2021
Announced award of acquisition contracts for the Northern Endurance and Northern Lights CCS projects
Strengthened New Energy – gained access to the market leading P-cable system through Ocean Floor Geophysics, in which...
Subsea 7 S.A. Announces First Quarter 2022 Results
Written by Customer Service on . Posted in Earnings Releases And Operating Results.
Luxembourg – 28 April 2022 – Subsea 7 S.A. (the Group) (Oslo Børs: SUBC, ADR: SUBCY, ISIN: LU0075646355) announced today results for the first quarter which ended 31 March 2022.
First quarter highlightsRevenue up 20% year-on-year to $1.2 billion
Adjusted EBITDA of $86 million
Order intake of $1.2 billion, equating to a book-to-bill of 1.0 times
Backlog of $7.3 billion, of which 14% is in Renewables, with $3.2 billion to be executed in 2022
Cash and cash equivalents of $500 million and net debt (including lease liabilities) of $98 million
Floating wind strategy progresses with Ørsted acquisition of 80% stake in Salamander development
Three Months EndedFor the period (in $ millions, except Adjusted EBITDA margin and per share data)
31 Mar 2022Unaudited
31 Mar 2021UnauditedRevenue
1,194
996...
First quarter 2022
Written by Customer Service on . Posted in Earnings Releases And Operating Results.
Continued strong result despite the shortage in cars
First quarter 2022Net turnover amounted to SEK 8,684 M (9,344), a decrease of 7 per cent.
Operational earnings amounted to SEK 500 M (528).
The result for the Service Business and from sales of used cars remained strong and on a par with last year.
Operating profit amounted to SEK 684 M (504) and was positively affected by profit from divestment of operations of SEK 222 M.
Net profit for the period amounted to SEK 594 M (377) and earnings per share to SEK 6.25 (3.85).
Operating cash flow amounted to SEK 348 M (–101).Events after the balance sheet dateBilia’s Board of Directors has decided to start a new repurchase program of 1,100,000 own shares based on the authorisation from the 2022 AGM.
The AGM resolved in favour of a dividend of SEK 8 per share divided into four quarterly...
Albioma : Albioma and KKR reach strategic agreement on a friendly public tender offer
Written by Customer Service on . Posted in Mergers And Acquisitions.
Press release
Paris La Défense, 28 April 2022
Albioma and KKR reach strategic agreement on a friendly public tender offer
Tender offer priced at 50 euros per share, plus 0.84 euro dividend to be paid exclusively in cash.
Tender offer by KKR infrastructure business to accelerate Albioma’s energy transition in French overseas territories, and international expansion.The offer represents a premium of 51.6% over Albioma’s undisturbed closing share price on 7 March 20221 and 46.6% over the three-month volume-weighted average2.
Albioma’s Board of Directors unanimously welcomes the proposed transaction, following in–depth discussions on industrial strategy and outlook.
Bpifrance, an Albioma shareholder since 2016, intends to continue supporting the Group by investing alongside KKR.
KKR fully supports the Group’s strategy to approach 100%...