Month: May 2023

FIRST-QUARTER RESULTSAs expected, MT Højgaard Holding improved earnings in the first quarter, in spite of unsatisfactory results from the international activities. Revenue rose by 27% to DKK 2.3 billion, driven by double-digit growth in the Danish business units. Operating profit before special items rose by 23% to DKK 42 million after positive momentum in the Danish business units and MT Højgaard Danmark in particular. MT Højgaard International recorded an operating loss of DKK 19 million. The work to restructure the activities in Greenland was intensified after losses on ongoing construction projects. Profit from continuing operations before tax doubled to DKK 18 million. Return on invested capital (ROIC) improved to 21.6% in line with the financial ambitions. Operating activities generated a cash inflow of DKK 44 million, an improvement...

PRESS RELEASE FIRST-QUARTER 2023TRADING UPDATE Paris — May 11, 2023 Klépierre, the European leader in shopping malls, today reported its first-quarter trading update(1), confirming the positive momentum observed in 2022:First-quarter retailer sales up 13.2%(2) and footfall up 14.1% compared to 2022; Strong growth in net rental income, up 6.2% adjusted for disposals and developments Steady leasing activity with 304 leases signed, and significant year-on-year growth in occupancy to 95.7% Robust credit metrics:Net debt to EBITDA ratio of 8.1x Cost of debt at 1.3% Interest rate hedging at 100% in 2023 and 93% in 2024€530 million in long-term financing closed and drawn year-to-date with an average maturity of 6.4 years Guidance confirmed for 2023 with net current cash flow per share of €2.35(3) (up 5% compared to 2022 adjusted NCCF per...

HAMILTON, Bermuda, May 11, 2023 (GLOBE NEWSWIRE) — Teekay Corporation (Teekay or the Company) (NYSE:TK) today reported results for the three months ended March 31, 2023. The full earnings release is available on the Company’s website here. About Teekay Teekay is a leading provider of international crude oil marine transportation and other marine services. Teekay provides these services directly and through its controlling ownership interest in Teekay Tankers Ltd. (NYSE: TNK), one of the world’s largest owners and operators of mid-sized crude tankers. The consolidated Teekay entities manage and operate total assets under management of over $2 billion, comprised of approximately 65 conventional tankers and other marine assets, including vessels operated for the Australian government. With offices in 8 countries and approximately...

HAMILTON, Bermuda, May 11, 2023 (GLOBE NEWSWIRE) — Teekay Tankers Ltd. (Teekay Tankers or the Company) (NYSE: TNK) today reported the Company’s results for the quarter ended March 31, 2023 and announced the Board of Directors has approved an update to the Company’s capital allocation plan. The full earnings release and earnings presentation are available on the Company’s website here. Details of the Company’s updated capital allocation plan are available on the Company’s website here. About Teekay Tankers Teekay Tankers has a fleet of 44 double-hull tankers (including 25 Suezmax tankers and 19 Aframax / LR2 tankers), and also has eight time chartered-in tankers. Teekay Tankers’ vessels are typically employed through a mix of spot tanker market trading and short- or medium-term fixed-rate time charter contracts. Teekay Tankers...

LEXIBOOK: FISCAL Q4 22-23 BETTER THAN EXPECTED AT €7.5M VS €8.4M IN Q4 21-22. HISTORIC ANNUAL SALES UP 13.3% to €51.2M vs. €45.2M THROUGH GROWTH IN FRANCE AND ABROAD. GOOD PROSPECTS FOR THE NEW FISCAL YEAR 2023-24.Q4 fiscal activity remained very dynamic. After an exceptional Q4 21-22 with 175.8% growth, Q4 22-23 sales were better than expected at €7.5M vs. €8.4M in 21-22. For the full fiscal year, which grew by 66.3% in 21-22, sales rose by a further 13.3% to €51.2M vs. €45.2M a year earlier, whereas they were expected to be close to €50M. Sales growth was driven by toys, watches, musical instruments and walkie-talkies, thanks to new products under the Group’s own brands and licensed products. Over the fiscal year, sales rose by 17% in the French market, which accounted for 38% of total sales. International sales are also growing,...

OSLO, Norway (11 May 2023) – TGS today reported interim financial results for Q1 2023. The quarter reflected a continued improvement in market conditions, with strong growth in both POC revenues (1) and contract inflow. Financial highlights:POC revenues (1) were 229 million compared to 114 million in Q1 2023 (+100%, +27% pro-forma including Magseis Fairfield ASA). POC EBITDA of USD 119 million versus USD 83 million in Q1 2022 POC operating result was USD 25 million compared to USD 21 million in Q1 2022. Contract inflow of USD 248 million during Q1 2023 compared to USD 91 million in Q1 2023 (USD 117 million pro-forma including Magseis Fairfield ASA). Free cash flow ex. M&A of USD 106 million versus USD 25 million in Q1 2022 Dividend of USD 0.14 (NOK 1.48) per share to be paid in Q2 2023 IFRS revenues (1) of USD 173 million...

Company announcement – No. 20 / 2023 Zealand Pharma Announces Financial Results for the First Quarter of 2023Positive topline data from obesity portfolio On track for two regulatory submissions targeting rare diseases Strengthened balance sheet with DKK 1.5 billion in April resulting in a runway to mid-2026Copenhagen, Denmark, May 11, 2023 – Zealand Pharma A/S (Nasdaq: ZEAL) (CVR-no. 20045078), a biotechnology company focused on the discovery and development of innovative peptide-based medicines, today announced the interim report for the three months ended March 31, 2023 and provided a corporate update. Delivered clinical results and strengthened balance sheet Adam Steensberg, President and Chief Executive Officer at Zealand Pharma said: “These first months of 2023 were exceptional for Zealand Pharma, with impressive clinical...

Multitude SE publishes Q1 2023 results Helsinki, 11 May 2023 – Multitude SE (ISIN: FI4000106299, WKN: A1W9NS) (“Multitude” or the “Group”) announces unaudited results for the first three months ended 31 March 2023 (“Q1 2023”). Key TakeawaysMultitude is on track with EUR 45m EBIT guidance for year 2023 EBIT EUR 9.6m with 64.8% growth year-on-year Net revenue increased by 4.4% to EUR 54.0m Results from CapitalBox turnaround is visible Ferratum’s solid performance continues Strong payment behaviour and cash position Multitude expanded its growth platform by making a minority investment in SortterKey Figures, EUR million Q1 2023 Q1 2022Revenue 54.0 51.8Profit before interests and taxes (EBIT) 9.6 5.8EBIT Margin % 17.8% 11.3%Profit before tax 2.9 2.5Net Profit (loss) 2.2 2.1Earnings per share, attributable...

Oslo, 11 May 2023 – DNO ASA, the Norwegian oil and gas operator, today reported revenues of USD 269 million and operating profit of USD 155 million in the first quarter of 2023. While the first quarter 2023 figures were solid with net profit doubling from the previous quarter to USD 87 million, the quarter was also marked by the shutdown of oil production in the Kurdistan region of Iraq for export through Turkey to international markets commencing 25 March 2023. Net production across DNO’s portfolio in the quarter averaged 89,400 barrels of oil equivalent per day (boepd), of which Kurdistan contributed 70,900 barrels of oil per day (bopd), North Sea 14,800 boepd and West Africa 3,700 boepd. Oil not produced during the Kurdistan shutdown, as well as oil placed in storage, represent deferred volumes that will eventually be recovered and...