Month: August 2023

FRONTLINE PLC REPORTS RESULTS FOR THE SECOND QUARTER ENDED JUNE 30, 2023 Frontline plc (the “Company” or “Frontline”), today reported unaudited results for the six months ended June 30, 2023: Highlights Highest second quarter profit since 2008 of $230.7 million, or $1.04 per basic and diluted share for the second quarter of 2023. Adjusted profit of $210.0 million, or $0.94 per basic and diluted share for the second quarter of 2023. Declared a cash dividend of $0.80 per share for the second quarter of 2023. Reported revenues of $512.8 million for the second quarter of 2023. Reported spot TCEs for VLCCs, Suezmax tankers and LR2/Aframax tankers in the second quarter of 2023 were 64,000 , 61,700  and 52,900 per day, respectively. For the third quarter of 2023, we estimate spot TCE on a load-to-discharge basis of $53,200 contracted for 74%...

Multitude with EBIT growth of 66% in H1 fully on track to reach FY 2023 EBIT guidance of EUR 45 millionEBIT in H1 2023 at EUR 20.9 million with 66% growth year-on-year Net profit in H1 2023 at EUR 7.5 million with 251% growth year-on-year Strong cash position and robust payment behaviour Multitude is on track to reach EBIT guidance of EUR 45 million for FY 2023Helsinki, 24 August 2023 – Multitude SE – a fully regulated international growth platform for financial technology (ISIN: FI4000106299, WKN: A1W9NS) – is well on track to achieve an improvement in consolidated EBIT from EUR 31.6 million in 2022 to EUR 45 million in the full year 2023, after a strong performance in the first six months of the 2023 financial year. At the end of the first half of the year, the company reported revenue growth of 5.8% to EUR 109.5 million (H1-2022:...

 Regulated information – Inside information 24 August 2023, 7:00am, Antwerp, Belgium: VGP NV (‘VGP’ or ‘the Group’), a European provider of high-quality logistics and semi-industrial real estate, today announces the results for half-year ended 30 June 2023:€ 36.2 million worth of signed and renewed lease agreements during 1H’23, bringing total committed annualised rental income to € 328.1 million (+8.2% YTD)1. On a look through basis, net rental and renewable energy income increased 60% to € 75.62 million year over year. Strong net cash recycling of € 267.9 million as a result of two closings with Allianz Joint Ventures and further recycling of + € 450 million expected through seed portfolio closing with new Deka Joint Venture in Q3 ‘23 A pre-tax profit of € 48.6 million, reflecting € 33.5 million of net rental and renewable...

Limited supply of Atlantic salmon, coupled with robust demand, led to another quarter with high salmon prices, and in turn strong quarterly results.Operational EBIT for the group was NOK 1,745 million in Q2 2023. Total harvest was 44,300 tonnes. Operational EBIT per kg was NOK 39.4. Operational EBIT for Norway alone was NOK 1,790 million and operational EBIT per kg was NOK 40.5. The Fish Farming Central Norway segment continued its solid operational performance, partly offset by cost levels being impacted by one-off costs. Fish Farming Northern Norway reported strong quarterly results with lower cost level. Sales and Industry continued its solid operational performance, demonstrated by its efficient management of harvesting and processing facilities and good disposal of volume to the market. The contract share was 25 per cent, with negative...