Month: August 2022

Report on the first half year of 2022for ROCKWOOL A/SRelease no. 10 – 2022to Nasdaq Copenhagen 24 August 2022 Strong sales growth and profitability in H1; volatile environment leads to lower full-year EBIT margin estimate HighlightsSales in H1 2022 reached 1942 MEUR, an increase of 31 percent in local currencies compared to H1 last year. Sales in Q2 2022 amounted to 1018 MEUR, an increase of 26 percent in local currencies compared to Q2 2021. Volume remained stable at a high level during the quarter. EBITDA in H1 2022 reached 342 MEUR, up 14 percent, with a 17.6 percent EBITDA margin. EBITDA in Q2 2022 reached 187 MEUR, an increase of 17 percent. Due to the soaring energy and material costs EBITDA margin at 18.4 percent was down 2.2 percentage points from last year.EBIT in H1 2022 increased 16 percent to 233 MEUR, with a 12.0 percent...

Company announcement no. 21/2022 Revenue growth of 4% in Q2 2022 ”Our efforts to improve efficiency starts materializing. In Q2 2022 efficiency was 64% and continues to be one of our key performance indicators to improve.”, says CEO & President Søren Krogh Knudsen. Q2 highlightsRevenue growth of 4% amounting to DKK 390m EBITDA decline of 30% amounting to DKK 16m Improvement of efficiency to 64% up from 59% in Q4 2021 Hiring of new CFO Brian Iversen Hiring of key leadership positions in Market Units and Business Lines Launch of new leadership principles Pricing and cost initiativesH1 highlightsRevenue growth of 6% amounting to DKK 783m EBITDA decline of 25% amounting to DKK 46m Divestment of Columbus Russia with a negative effect of DKK 25m Focus on improving efficiency Stable number of employees Strengthening our one Columbus...

HONKARAKENNE OYJ HALF-YEAR REPORT 24 AUGUST 2022 AT 9:00 HONKARAKENNE OYJ HALF-YEAR REPORT 1 JANUARY TO 30 JUNE 2022 HONKARAKENNE’S NET SALES AND OPERATING PROFIT INCREASED Net sales for the first half of 2022 grew by 24% to EUR 36.7 million (H1 2021: 29.6). Operating profit and profit before taxes were higher than in the previous year. Operating profit increased by 30% and was EUR 2.2 million (1.7). Profit before taxes increased by 3% and was EUR 1.7 million (1.7). January-June 2022Honkarakenne Group’s net sales in January–June amounted to EUR 36.7 million (H1 2021: 29.6). Net sales rose by 24% from the corresponding period of the previous year. Operating profit was EUR 2.2 million (1.7). Profit before taxes was 3% higher than in the previous year and was EUR 1.7 million (1.7). The operating profit of the review period is weakened...

Company Announcement No 40/202224 August 2022 Sydbank’s Interim Report – First Half 2022 Significant growth in core earnings before impairment H1 2022 – highlightsProfit for the period of DKK 748m equals a return on equity of 11.9% p.a. after tax Core income of DKK 2,399m is 9% higher compared to the same period in 2021 Trading income constituted DKK 116m in H1 2022 – DKK 16m of which concerns Q2 2022 Costs (core earnings) of DKK 1,574m are 4% lower compared to the same period in 2021 Core earnings before impairment of DKK 941m are 37% higher compared to the same period in 2021 Impairment charges for loans and advances etc represent an income of DKK 84m – DKK 23m of which concerns Q2 2022 Bank loans and advances have risen by DKK 12.8bn, equal to an increase of 21% compared to end-June 2021 The CET1 ratio stands at 16.6%, equal to a...

High prices and effective production secure a good half year result and upward adjustment FirstFarms has in the first half year of 2022 realised higher turnover, EBITDA and EBIT as well as a better pre-tax result compared to same period last year. The expectations to the result of the year are adjusted upwards with 10 mDKK. The Board of Directors and Management of FirstFarms A/S have today reviewed and adopted the unaudited interim financial accounts for the period 1 January – 30 June 2022. FirstFarms has in the accounting period realised:A net turnover of 155 mDKK (2021: 143 mDKK) An EBITDA of 66 mDKK (2021: 57 mDKK) An EBIT of 45 mDKK (2021: 36 mDKK) A pre-tax result of 41 mDKK (2021: 25 mDKK)FirstFarms adjusts the previously announced 2022-expectations upwards to an EBITDA of 90-130 mDKK and an EBIT of 45-85 mDKK. CEO Anders H....

COPENHAGEN, Denmark, August 24, 2022 – Bavarian Nordic A/S (OMX: BAVA) announced today its interim financial results and business progress for the first half of 2022 and released its financial calendar for 2023. Paul Chaplin, President & Chief Executive Officer of Bavarian Nordic said: “This year we planned to make significant investments for the future growth of Bavarian Nordic, as we moved two late-stage assets that have the potential to meet large unmet medical needs into global Phase 3 trials. While these programs remain on-track we have had to mobilize our entire organization to ensure we concentrate our efforts in the best possible way to manufacture and supply vaccines to help governments around the world combat an unprecedented outbreak of monkeypox. The magnitude of this outbreak was unexpected, however, our long-standing...

August 24, 2022Hamilton, Bermuda Please find enclosed the presentation of Flex LNG Ltd.’s second quarter 2022 results which will be presented in a live video webcast today at 15:00 CEST (9:00 a.m. EST). In order to watch the webcast, use the following link: https://events.webcast.no/viewer-registration/DWEGc5CD/register A Q&A session will be held after the webcast. Information on how to submit questions will be given at the beginning of the session. In conjunction with the quarterly results we have published a short video in which Øystein Kalleklev, CEO of Flex LNG, discusses the highlights of the second quarter. The video can be accessed through the following link: www.youtube.com/watch?v=Qq2OXscX3k0.The short video and the second quarter 2022 presentation can also be accessed on our website www.flexlng.comFor further information,...

August 24, 2022 – Hamilton, BermudaFlex LNG Ltd. (“Flex LNG” or the “Company”) today announced its unaudited financial results for the six months ended June 30, 2022. Highlights:Vessel operating revenues of $84.2 million for the second quarter 2022, compared to $74.6 million for the first quarter 2022. Net income of $44.3 million and basic earnings per share of $0.83 for the second quarter 2022, compared to net income of $55.8 million and basic earnings per share of $1.05 for the first quarter 2022. Average Time Charter Equivalent1 (“TCE”) rate of $70,707 per day for the second quarter 2022, compared to $62,627 per day for the first quarter 2022. Adjusted EBITDA1 of $66.1 million for the second quarter 2022, compared to $56.3 million for the first quarter 2022. Adjusted net income1 of $32.5 million for the...