Day: July 19, 2022

Oslo, 19 July 2022: Yara delivers improved returns with higher prices and a strong performance from overseas assets, more than offsetting higher European feedstock costs and lower deliveries. Second-quarter operating income1 was USD 1,223 million compared with USD 477 million a year earlier. “Yara’s business model remains resilient, and I would like to thank the whole Yara organization for another strong effort in a volatile market”, said Svein Tore Holsether, President and Chief Executive Officer of Yara. “However, there is a clear risk of nitrogen shortages and further price spikes if the gas situation in Europe deteriorates further”, said Holsether. Second-quarter EBITDA excl. special items1 was USD 1,475 million, compared with USD 775 million a year earlier. Net income attributable to shareholders of the parent was USD 664 million...

  Bank of Åland Plc Half-Year Financial Report July 19, 2022 9:00 am Half-Year Financial Report for the period January – June 2022 “A turbulent first half of 2022: with war in Ukraine, high inflation, rising interest rates and bond yields as well as plunging stock markets. Despite this turbulence, we have seen a continued stable net inflow of new customers and financial investment volumes, EUR +294 M. Adjusted for the divestment of most of our Swedish mortgage loan portfolio − about EUR 1 billion − lending grew by EUR 372 M during the first six months of this year. “To summarise, it was a satisfactory first half. We will have to prepare ourselves for continued turbulence during the second half of 2022, but my perception is that the Bank of Åland will also take on the rest of the year with solid confidence.” Peter Wiklöf, Managing...

Alstom’s orders and sales for the first three months of 2022/23Q1 order intake at €5.6 billion, including large orders in Rolling Stock bundled with Services Sustained backlog at €83.4 billion Solid Q1 sales at €4.0 billion, up 8%1 vs. last year, in line with announced growth trajectory Full year outlook and mid-term 2024/25 objectives confirmed19 July 2022 – Over the first quarter of 2022/23 (from 1 April to 30 June 2022), Alstom booked €5.6 billion of orders. The Group sales increased by 8% reaching €4.0 billion, in line with the targeted trajectory. The backlog, as of 30 June 2022, settled at €83.4 billion, providing strong visibility on future sales. Key figuresActual figures(in € million) 2021/22Q1 2022/23Q1 % ChangeReported % ChangeOrganicOrders received ...

DNA PLC STOCK EXCHANGE RELEASE 19 JULY 2022, 8:30 am EEST   Summary Unless otherwise stated, the comparison figures in brackets refer to the corresponding period in the previous year (reference period). Figures are unaudited. January–June 2022Total revenues grew 1% and amounted to EUR 483 million (476). EBITDA remained stable and was EUR 184 million (183). Operating result increased 1% and was EUR 82 million (81). Average revenue per user (ARPU)1):ARPU for mobile communications grew 1% and was EUR 17.2 (17.0). ARPU for fixed broadband grew 2% and was EUR 16.5 (16.1). ARPU for TV subscriptions grew 13% and was EUR 8.2 (7.2).Number of subscriptions:The number of mobile subscriptions2) increased and was 2,719,000 (2,695,000). The number of fixed broadband subscriptions increased and came to 625,000 (595,000). The number of TV subscriptions...

Ad hoc announcement pursuant to Art. 53 LRQ2 sales grew +5% cc1 (-1% USD)Innovative Medicines (IM) sales grew +5% cc (-1% USD); strong performance of key growth brands including Entresto (+33% cc), Kesimpta (+270% cc), Cosentyx (+12% cc), Kisqali (+43% cc) and Zolgensma (+26% cc) Sandoz sales grew +5% cc (-3% USD) benefiting from a return towards normal business dynamics, with growth across all business franchisesQ2 core1 operating income grew +5% cc (-2% USD), mainly driven by higher sales Q2 operating income declined -30% cc (-36% USD), mainly due to prior year divestment gains, higher impairments and higher restructuring costs. Net income declined -34% cc (-41% USD), or -29% (cc) excluding the impact of Roche income2. Free cash flow was USD 3.3 billion (-22% USD) Q2 core EPS USD 1.56 +1% cc (-6% USD); excluding Roche core income...

AS LHV Group generated a consolidated net profit of EUR 14.0 million in Q2 of 2022. Within the quarter, the Bank earned EUR 16.9 million in net profit, of which EUR 2.1 million was from servicing clients related to the United Kingdom branch. Within the quarter, Vahahaldus incurred a net loss of EUR 234,000 and Kindlustus incurred a net loss of EUR 235,000. LHV UK Limited incurred a loss of EUR 2.1 million. The Group’s return on equity in Q2 was 15.3%. Net profit for Q2 was EUR 1.1 million higher than in the same period in 2021 (+8%) and EUR 1.6 million higher than in Q1 of this year (+13%). The Group’s consolidated revenues in Q2 were EUR 37.9 million, or EUR 5 million more than a year earlier (+15%) and EUR 3.1 million ahead of the Q1 result (+9%). The Group’s expenses amounted to EUR 21.1 million in Q2, which was EUR 3.2 million more...