Day: April 29, 2022

Sanoma Corporation, Stock Exchange Release, 29 April 2022 at 8:30 EET Sanoma Corporation, Interim Report January-March 2022: Solid start to the year This release is a summary of Sanoma’s Interim Report January-March 2022. The complete report is attached to this release and is also available at www.sanoma.com/en/investors. Q1 2022  The Group’s net sales were stable at EUR 211 million (2021: 210). The Group’s comparable net sales growth was 1% (2021: 3%). Operational EBIT excl. PPA was negative due to the typical seasonal pattern in the learning business and amounted to EUR -10 million (2021: -10). EBIT was EUR -22 million (2021: -24). Items affecting comparability (IACs) were EUR -3 million (2021: -5). Purchase price allocation adjustments and amortisations (PPAs) were EUR 9 million (2021: 9). Operational EPS was EUR -0.10 (2021: -0.12). EPS...

CONSTI PLC INTERIM REPORT 29 APRIL 2022, at 8.30 a.m.                         Consti Plc Interim Report for January – March 2022 SOLID PERFORMANCE CONTINUED 1–3/2022 highlights (comparison figures in parenthesis 1–3/2021):Net sales EUR 59.8 (59.3) million; growth 0.9% EBITDA EUR 1.4 (0.9) million and EBITDA margin 2.3% (1.5%) Adjusted operating result (EBIT) EUR 0.4 (0.5) million and Adjusted EBIT margin 0.6% (0.8%) Operating result (EBIT) EUR 0.4 (0.1) million and EBIT margin 0.6% (0.2%) Order backlog EUR 205.1 (196.5) million; growth 4.4% Order intake EUR 37.6 (69.8) million; change -46.2% Free cash flow EUR -0.8 (-2.9) million Earnings per share EUR 0.01 (-0.02)                Guidance on the Group outlook for 2022: The Company estimates that its operating result for 2022 will be in the range of EUR 9-13 million.KEY FIGURES (EUR...

Amsterdam, 29 April 2022 – Brunel International N.V. (Brunel; BRNL), a global provider of flexible workforce solutions and expertise, today announced its first quarter (Q1) 2022 results. Key points Q1 2022Revenue of EUR 275 million, up 29%, 18% growth like-for-like EBIT up 46% to EUR 15.6 million Strategy continues to gain traction with strong need for specialists and engineering solutions across global industries; all regions growing and profitable Updated ESG strategy to accelerate commitments: Net zero emission in 2022 Acceleration in renewable recruitment solutions through Taylor Hopkinson acquisition. Integration on track; market leadership position strengthened Operational leverage further enhanced with a conversion to EBIT of 39% of the increase in gross profit Strong cash position maintained at EUR 103 million Brunel is in...

Company Announcement for the First Quarter 2022 Kamilla Hammerich Skytte, CEO, comments on the financial results: “We saw a positive development in the loan portfolio, which grew from DKK 793 billion in the first quarter of 2021 to DKK 809 billion in the first quarter of 2022. We also saw strong activity on the back of the significant increase in interest rates. In the first quarter of 2022, we saw a significant remortgaging activity and we helped more than 2,500 customers who wanted to remortgage to a higher coupon. Corona-related losses remained at a low level in the first quarter. However, we reaffirm our existing estimate of loan impairment charges due to the uncertainty caused by the war in Ukraine, rising energy prices and significantly higher interest rate levels. It is our assessment that the Danish economy and most homeowners...

Press release  Holmens Kanal 2 – 12DK-1092 København KTel. +45 45 14 14 00 29 April 2022Solid start to the year driven by progress and resilience in our core banking business as well as strong credit quality amid challenging circumstancesNet profit of DKK 2.8 billion for the first quarter of 2022 Carsten Egeriis, Chief Executive Officer, comments on the financial results: “The beginning of the year has been marked by the terrible war in Ukraine. This is something that affects us all deeply, and I would like to express my deepest compassion with everyone affected by the Russian invasion. As part of the global financial system, Danske Bank takes its responsibility very seriously when it comes to implementing sanctions against Russia and excluding investments in Russia from our customers’ portfolios. We have supported and will continue...

Intertrust underlying revenue back to growth in Q1  Amsterdam, the Netherlands – 29 April 2022 – Intertrust N.V. (“Intertrust” or “Company”) [Euronext: INTER], a global leader in providing tech-enabled corporate and fund solutions to clients operating and investing in international business, today publishes its results for the first quarter ended 31 March 2022.  Q1 2022 HighlightsUnderlying revenue returning to growth (+2.2%), mainly driven by US Fund Services, Rest of the World and Luxembourg now trending positively. Underlying revenue growth excluding the Netherlands, Luxembourg and Cayman Islands was 8.8% Deals won worth EUR 21.8 million annual contract value (+25.8% y-o-y); pipeline of EUR 74.9m continues to be strong Adjusted EBITA of EUR 38.3 million (Q1 2021: EUR 45.3 million) including one-off costs of EUR 2.6 million related...

  Intertrust underlying revenue back to growth in Q1  Amsterdam, the Netherlands – 29 April 2022 – Intertrust N.V. (“Intertrust” or “Company”) [Euronext: INTER], a global leader in providing tech-enabled corporate and fund solutions to clients operating and investing in international business, today publishes its results for the first quarter ended 31 March 2022.  Q1 2022 HighlightsUnderlying revenue returning to growth (+2.2%), mainly driven by US Fund Services, Rest of the World and Luxembourg now trending positively. Underlying revenue growth excluding the Netherlands, Luxembourg and Cayman Islands was 8.8% Deals won worth EUR 21.8 million annual contract value (+25.8% y-o-y); pipeline of EUR 74.9m continues to be strong Adjusted EBITA of EUR 38.3 million (Q1 2021: EUR 45.3 million) including one-off costs of EUR 2.6 million related...

Corbion reported net sales of € 320.1 million in the first quarter of 2022, driven by organic net sales growth of 20.2% and positive currency effects. Adjusted EBITDA decreased by 8.9% to € 40.0 million. “Following last year’s unprecedented increases in input costs, our necessary pricing initiatives are beginning to bear fruit. Price increases are clearly reflected in our higher organic net sales growth. Profit margins are recovering from the lows in the second half of 2021. Given the high inflationary environment, we are currently prioritizing price increases and product mix improvements. At the same time we continue to drive operational efficiencies. We remain confident about our future growth prospects as we continue to invest in capacity expansion. The construction of our new lactic acid plant in Thailand is progressing well and is...

Order backlog increased 25.9% to EUR 124.5 million On February 22, 2022, Cavotec signed an agreement to divest 100% of our Airports business to US based investment company Fernweh Group. The transaction is expected to close in the summer of 2022. As a result of the sale, Airports is reported as a discontinued entity  JANUARY–MARCH 2022 NEW CAVOTEC Order backlog increased 25.9% compared to Q421 to EUR 124.5 million  Revenues decreased 6.6% to EUR 27.4 million (29.3)  EBIT amounted to EUR -1.5 million (1.1), corresponding to a margin of -5.4% (3.8%).JANUARY–MARCH 2022 TOTAL (INCL. DISCONTINUED) Net result for the group was EUR -4.2 million (1.5), of which EUR -3.9 million attributable to the discontinued operationsKey events during the quarter Due to the lockdown of Shanghai to contain surging COVID-19 cases in the latter part...

Hexatronic Group AB (publ)Interim report January – March 2022 Events during the quarterThe profitability target was adjusted to at least 12 percent EBITA-margin over a business cycle. The previously set profitability target was at least 10 percent EBITA-margin on a rolling 12-month basis. The growth target was adjusted to annual growth rate of at least 20%, over a business cycle. The previously set growth target was to grow more than its market organically and with an annual growth rate of at least 20 percent. The board of Directors will propose a dividend of SEK 0.50 (0.50) per share for the financial year 2021 to the Annual General Meeting.Events since the end of the quarterNo significant events after the end of the quarterCOMMENTS FROM THE CEO A very strong start to the year! The year got off to a very strong start with sales...