Month: May 2022

        Thursday 5 May 2022 TURNOVER FIGURES FOR THE 1st QUARTER OF 2022 AKWEL (FR0000053027, AKW, PEA-eligible), the automotive and HGV equipment and systems manufacturer specialising in fluid management and mechanisms, has reported consolidated turnover of €245.8m in the first quarter of 2022, down by -10.1% compared to the first quarter of 2021. Consolidated turnover for the 1st quarter of 2022 (from 1 January to 31 March)In € millions – unaudited 2022 2021 Variation LFL variation (*)1st quarter 245.8 273.3 -10.1 % -4.4 %(*) Comparing like-for-like figures The global automotive market continued to suffer from production disruptions at manufacturers due to problems with the supply of raw materials and electronic components, amplified at the end of the quarter with the events in Ukraine. In this unfavourable context, AKWEL...

TAALERI PLC                STOCK EXCHANGE RELEASE        6 MAY 2022 AT 8:00 (EEST) Taaleri Plc Interim Statement 1 January–31 March 2022: Taaleri’s continuing earnings increased to EUR 9.3 million in Q1, but unrealized changes in the fair value of investment operations weighed on income and operating profit January–March 2022Continuing earnings grew by 4.3% to EUR 9.3 (8.9) million. The continuing earnings of the Private Asset Management segment grew by 15.8% to EUR 4.9 (4.2) million, and the continuing earnings of the Strategic Investments segment by 7.5% to EUR 3.9 (3.6) million. Performance fees were EUR 0.5 (0.8) million and earnings from investment operations were EUR -2.6 (4.0) million due to changes in fair value. Income was EUR 7.2 (13.7) million, a decrease of 47.6% due to unrealized changes in the fair value of investment...

Oslo, 6 May 2022: In the first quarter 2022, Scatec’s proportionate revenues reached NOK 1,014 million (954) with an EBITDA of NOK 398 million (636). Power production reached 868 GWh (854).  “Our first-quarter results were impacted by Russia’s war in Ukraine, the broader geopolitical uncertainty and seasonality in the Philippines. Moving forward, we expect to bring our backlog into construction during this year and we will continue to grow our pipeline in core markets for our traditional renewable energy solutions. In addition, we will have a strong focus on further developing our green ammonia and green hydrogen business,” says Terje Pilskog, CEO of Scatec. “We will execute our growth strategy by applying focus and discipline in everything we do, and I look forward to continuing developing our strong position as a leader in renewable...

First quarter 2022 results SCOR absorbs the combined impact of potential claims related to the conflict in Ukraine, a series of natural catastrophes and the continuation of the pandemic in the United StatesGross written premiums of EUR 4,715 million in Q1 2022, up 9.7%1 compared with Q1 2021 Net loss of EUR 80 million in Q1 2022, compared with EUR 45 million net income in Q1 2021 Shareholders’ equity of EUR 6,064 million at the end of March 2022, implying a book value per share of EUR 33.89, down -3.9 % from December 31, 2021 (EUR 35.26) Estimated solvency ratio of 240% at the end of March 2022 (up from 226% at the end of 2021) Completion of the announced EUR 200 million share buy-backSCOR SE’s Board of Directors met on May 5, 2022, under the chairmanship of Denis Kessler, to approve the Group’s Q1 2022 financial statements. Key...

  ING posts 1Q2022 net result of €429 million and strong pre-provision profit  1Q2022 profit before tax of €668 million; CET1 ratio remains robust at 14.9%• Income strong with robust net interest income and continued increase in fee income• Operating expenses under control, lower than a year ago and sequentially• Retail Banking result 20% higher than in 1Q2021 on lower expenses and risk costs, despite impairment on TTB• Wholesale Banking results impacted by €834 million risk costs linked to Russia-related exposure• Additional capital distribution of €1.25 billion  CEO statement“The first quarter of 2022 was marked by the terrible invasion of Ukraine, which is having a devastating impact on people’s lives and is threatening international stability and security,” said ING CEO Steven van Rijswijk....