Day: August 17, 2023

Interim Financial Report for the Period 1 January – 30 June 2023

Written by Customer Service on August 17, 2023. Posted in Earnings Releases And Operating Results.

Company Announcement No. 6 – 2023 to Nasdaq Copenhagen 17 August 2023 Interim financial report for the first half of 2023 Second quarter sales and results were in line with expectations, and AO continued to gain market shares. As expected, market conditions were challenging in the second quarter of 2023. Building and construction activities softened in the period. The normalised price levels for conventional energy sources, in particular gas and oil, reduced the demand for heat pumps. The steep increase in interest rates dampened the activity in the building and construction industry. Margins were under pressure in April and May. In June, margins rebounded to the June 2022 level. B2B activities continued to grow, and the B2B sales index reached 106.5 in the first half of 2023. As expected, margins took a hit compared to last year due to...

Alm. Brand A/S – Interim report for Q2 2023

Written by Customer Service on August 17, 2023. Posted in Earnings Releases And Operating Results.

Interim report for Q2 2023The insurance service result rose to a historically high profit of DKK 507 million, against DKK 378 million in Q2 2022, driven primarily by a very positive result in Commercial Lines. Alm. Brand Group’s insurance revenue grew to DKK 2,909 million from DKK 2,390 million in the same period of 2022, driven by organic growth of 3.1% in Alm. Brand and the recognition of insurance revenue in Codan for the full quarter, against only two months of the year-earlier period. Based on the results of the quarter, in early July Alm. Brand Group upgraded its guidance for the insurance service result to DKK 1.35-1.45 billion, against the previous guidance of DKK 1.2-1.4 billion.CEO Rasmus Werner Nielsen: ”We’ve had a good second quarter, reporting a historically strong insurance service result. Our performance was to a...

Strong first half of the year

Written by Customer Service on August 17, 2023. Posted in Earnings Releases And Operating Results.

Continued strong demand and clear improvement in supply chain situation. Sales rose by 27.6% to SEK 23,479 (18,405) million Profit after net financial items amounted to SEK 3,355 (2,453) millionProfit after net financial items in 2022 positively affected by SEK 118 million in respect of one-off events; SEK -114 million in the first quarter and SEK +232 million in the second quarter Earnings per share amounted to SEK 1.28 (0.93) Acquisition of Miles Industries of Canada, Climate for Life of the Netherlands, Solzaima of Portugal and Ceramicx of Ireland (all after the reporting period)”Demand remained high. This was mainly due to the transition to a more sustainable society in both Europe and North America and to measures taken by end-consumers to mitigate expected continued volatility in energy prices in Europe,” said Gerteric...

Sparkling Water Market to Hit USD 85.69 Billion by 2030 | At a CAGR of 12.26%

Written by Customer Service on August 17, 2023. Posted in Mergers And Acquisitions.

Key companies covered in sparkling water market are Nestlé S.A. (Switzerland), PepsiCo, Inc. (U.S.), Keurig Dr. Pepper Inc. (U.S.), The Coca-Cola Company (U.S.), Sanpellegrino S.P.A. (Italy), WakeWater Beverage Co. (Canada), National Beverage Corp. (U.S.), Big Watt Cold Beverage Co. (U.S.), Danone S.A. (France), Volay Brands (U.S.) and more players profiled. Pune, India, Aug. 17, 2023 (GLOBE NEWSWIRE) — The global sparkling water market size was valued at USD 34.33 billion in 2022 and is projected to grow from USD 38.13 billion in 2023 to USD 85.69 billion by 2030, exhibiting a CAGR of 12.26% during the forecast period. The sparkling water market is expected to grow significantly during the forecast period due to rising health consciousness, demand for healthy beverages, and changing consumer preferences. The market is expected...

Nylon Market Size to Worth USD 44.19 Billion By 2030 | With a Striking CAGR of 5.1%

Written by Customer Service on August 17, 2023. Posted in Mergers And Acquisitions.

Key companies covered in nylon market are DuPont (U.S.), BASF SE (Germany), Lanxess AG (Germany), Nylon Corporation of America, Inc. (U.S.), Shenma Industrial Co., Ltd. (China), Ascend (U.S.), Domo Chemicals (Germany), Radici Partecipazioni SpA (Italy), Invista (U.S.), DSM (Netherlands), Formosa Group (Taiwan), SINOPEC (China), Ube Industries (Japan), LIBOLON (Taiwan), ZIG SHENG INDUSTRIAL CO., LTD. (Taiwan), and more players profiled. Pune, India, Aug. 17, 2023 (GLOBE NEWSWIRE) — The global nylon market size was valued at USD 31.33 billion in 2022 and is projected to grow from USD 31.09 billion in 2023 to USD 44.19 billion by 2030 exhibiting a CAGR of 5.1% during the forecast period. Polyamide, also known as nylon, is a versatile polymer used in various industries for its wide range of applications. It is produced through the...

SONAR System Market to Worth USD 3.76 Billion by 2029 | Fortune Business Insights™

Written by Customer Service on August 17, 2023. Posted in Mergers And Acquisitions.

The global SONAR System Market covered major segments By Product Type (Hull -Mounted, Stern-Mounted, Sonobuoy), By Application (Commercial, and Defense), By Platform (Ship Type, Airborne), By Solution (Hardware (Transmitter, Receiver, Control Units, Displays, Sensors (Ultrasonic Diffuse Proximity Sensors, Ultrasonic Retro-Reflective Sensors), and Software) By End-User (Line Fit, and Retrofit), and Region. Pune, India, Aug. 17, 2023 (GLOBE NEWSWIRE) — According to Fortune Business Insights™, the SONAR system market size is predicted to reach USD 3.76 billion by 2029 and exhibit a CAGR of 7.96% during the projected period. Fortune Business Insights™ has presented this information in its report titled, “SONAR System Market, 2023-2029”. The market stood at USD 2.09 billion in 2021 and USD 2.20 billion in 2023. Sound Navigation...

Financial results for H1 2023

Written by Customer Service on August 17, 2023. Posted in Earnings Releases And Operating Results.

Company announcement no. 49 Net profit of DKK 1,178 million and return on equity of 20.1% Posting a half-year profit exceeding DKK 1 billion for the first time ever, or specifically DKK 1,178 million, equal to a 20.1% return on equity, we had a highly satisfactory first half of 2023. Core business growth based on rising lending and deposit rates combined with developments in policy and market rates resulted in strong growth in net interest income. Furthermore, the Bank recognised satisfactory market value adjustments of its proprietary portfolio of bonds and its strategic shareholdings in the financial sector. Also, the persistently strong credit quality among the Bank’s customers meant that the profit impact from losses and impairment charges was a small income in H1 2023. Management estimates were increased by DKK 72 million during...

Handbag Market Size to Worth USD 78.46 Billion by 2028 | With a 6.7% CAGR

Written by Customer Service on August 17, 2023. Posted in Mergers And Acquisitions.

The global handbag market covered major segments by Product Type [Tote, Clutch, Satchel, and Others (Hobo, Body Cross, and Saddle)], by Raw Material (Leather and Fabric), and by End-User (Men and Women), and Regional Forecast, and Others. Pune, India, Aug. 17, 2023 (GLOBE NEWSWIRE) — The global handbag market size was USD 47.57 billion in 2020. The market is projected to grow from USD 49.63 billion in 2021 to USD 78.46 billion in 2028 at a CAGR of 6.7% in the 2023-2028 period. Developing tourism and transport industry and rising preferences towards premium fashion products are likely to fuel market growth. Fortune Business Insights™ provides this information in its report titled “Handbag Market, 2023-2028.“ The rising demand for premium fashion accessories is likely to boost handbag demand. It is portable and...

Educational Toys Market Size to Hit USD 106.26 Billion by 2030 | At 8.10% CAGR

Written by Customer Service on August 17, 2023. Posted in Mergers And Acquisitions.

Key Companies Covered in Educational Toys Market are Mattel (U.S.), LEGO System A/S (Denmark), Melissa & Doug (U.S.), Ravensburger (Germany), The Simba Dickie Group (Germany), TOMY (Japan), JAKKS Pacific, Inc. (U.S.), GoldLok Toys (China), WowWee Group Limited (Canada), CocoMoco Kids (India), and more players profiled. Pune, India, Aug. 17, 2023 (GLOBE NEWSWIRE) — The global educational toys market size was valued at USD 57.41 billion in 2022 and is projected to grow from USD 61.60 billion in 2023 to USD 106.26 billion by 2030, exhibiting a CAGR of 8.10% during the forecast period. Toys designed with the intention of implementing learning into children are known as educational toys. The increasing demand for environmentally friendly and learning toys is anticipated to drive the market during the forecast period. Fortune Business Insights™...

Sdiptech AB (publ) contemplates issuance of senior secured sustainability-linked bonds and publishes Sustainability-Linked Finance Framework

Written by Customer Service on August 17, 2023. Posted in Public Companies.

Press release 17 August 2023, 08:00 Sdiptech AB (publ) contemplates issuance of senior secured sustainability-linked bonds and publishes Sustainability-Linked Finance Framework Sdiptech AB (publ) (“Sdiptech”) today announced that it has mandated Nordea as Global Coordinator and Joint Bookrunner and Carnegie Investment Bank as Joint Bookrunner to arrange credit investor meetings commencing on 21 August 2023 to explore the possibility to issue floating rate SEK denominated senior secured sustainability-linked bonds with an expected tenor of four years. A capital markets transaction with an expected volume of SEK 500 million within a framework of SEK 1,000 million will follow, subject to market conditions. Bonds will be included in Sdiptech’s financing mix going forward due to the attractive characteristics and diversification that bonds...

Day: August 17, 2023

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