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Year: 2023

Interim Financial Report Q1-Q3 2023

Earnings per share rose by 94% to DKK 62.0 (Q1-Q3 2022: DKK 31.9)For 2023, it is now anticipated that earnings per share will be at the upper end of the range of DKK 70-80Pre-tax profit of DKK 5,501m is a doubling relative to Q1-Q3 2022 (DKK 2,742m)Net interest income rose by 75% to DKK 7,155m (Q1-Q3 2022: DKK 4,083m)Core income was up by 70% to DKK 10,244m (Q1-Q3 2022: DKK 6,025m)Core expenses rose by 27% to DKK 4,498m (Q1-Q3 2022: DKK 3,550m)Loan impairment charges amounted to an expense of DKK 96m (Q1-Q3 2022: income of DKK 447m)The capital ratio is 20.9 of this a common equity tier 1 capital ratio at 16.7 compared with 19.5 and 15.2 at end-2022The 30 planned branch mergers attributed to the acquisition of Handelsbanken Denmark have been implementedThe acquisition of Handelsbanken Denmark is expected to contribute...

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Stellantis Reports 7% Growth in Q3 2023 Net Revenues, Driven by Continued Strength in Shipments Year-Over-Year

Stellantis Reports 7% Growth in Q3 2023 Net Revenues, Driven by Continued Strength in Shipments Year-Over-YearNet revenues of €45.1 billion, up 7% compared to Q3 2022, mainly reflecting improved volume and consistent pricing, partially offset by foreign exchange impacts Consolidated shipments(1) of 1,427 thousand units, up 11% versus Q3 2022, with Enlarged Europe, Middle East & Africa, North America and South America reporting year-over-year improvements Total new vehicle inventory of 1,387 thousand units at September 30, 2023. Company inventory of 388 thousand units, up 158 thousand units from December 31, 2022 reflecting a return to more normal levels after a multi-year period of materially-constrained supplies Tentative agreement reached with both UAW and Unifor. Work stoppages negatively impacted Net revenues by approximately...

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Pipeline Integrity Management Market Size to Surpass USD 11.26 Billion by 2028 | exhibiting a CAGR of 3.6%

According to Fortune Business Insights, the global Pipeline Integrity Management market size is projected to grow from USD 8.65 Billion in 2020 to USD 11.26 Billion in 2028, at CAGR of 3.6% during forecast period. Pune, India, Oct. 31, 2023 (GLOBE NEWSWIRE) — The global pipeline integrity management market size is expected to reach USD 11.26 billion by 2028, exhibiting a CAGR of 3.6% during the forecast period, states Fortune Business Insights™, in a report, titled “Pipeline Integrity Management Market Size, Share & COVID-19 Impact Analysis, By Location (Onshore, Offshore), By Service (Inspection, Cleaning, Repair, and Refurbishment), and Regional Forecast, 2021-2028.” The market size stood at USD 8.65 billion in 2020. Pipeline Integrity Management Industry Developments: In January 2021 – Neptune Energy awarded...

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International Petroleum Corporation Third Quarter 2023 Financial and Operational Results; Share Repurchase Program Update; and Chief Executive Officer Succession

International Petroleum Corporation (IPC or the Corporation) (TSX, Nasdaq Stockholm: IPCO) today released its financial and operational results and related management’s discussion and analysis (MD&A) for the three and nine months ended September 30, 2023 TORONTO, Oct. 31, 2023 (GLOBE NEWSWIRE) — Mike Nicholson, IPC’s Chief Executive Officer, comments: “We are very pleased to announce another strong quarter for IPC. We produced an average of 50,200 barrels of oil equivalent per day (boepd) during the third quarter. Given the strong average daily production over the first nine months of 2023, we expect to exceed an average of 50,000 boepd for the full year 2023, above the high end of our guidance range. We continue to progress the exciting development of Phase 1 of the Blackrod project in Canada, with cost levels and schedule...

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Robotic Lawn Mower Market Size to Surpass $4.04 Billion by 2028 | Exhibiting a CAGR of 15.5%

According to Fortune Business Insights, the global Robotic Lawn Mower Market size is projected to grow from USD 1.29 billion in 2020 to USD 4.04 billion in 2028 at CAGR of 15.5% during forecast period. Pune, India, Oct. 31, 2023 (GLOBE NEWSWIRE) — According to Fortune Business Insights, the global Robotic Lawn Mower Market size was valued at USD 1.29 billion in 2020. The market is anticipated to grow from USD 1.48 billion in 2021 to USD 4.04 billion by 2028, exhibiting a CAGR of 15.5% over the estimated period. The Robotic Lawn Mower Market is currently witnessing substantial growth, driven by a convergence of factors that reflect the evolving dynamics of lawn care and technology. Robotic lawn mowers offer an unprecedented level of convenience, allowing users to delegate the time-consuming task of lawn mowing to an autonomous device....

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16/2023・Trifork Group – Report of the third quarter ending 30 September 2023

Company announcement no. 16 / 2023Schindellegi, Switzerland – 31 October 2023 Trifork Group – Report of the third quarter ending 30 September 2023 Trifork Group: 10.6% revenue growth in Q3 despite a continued slow business environment Financial results in the third quarter of 2023 Trifork GroupTrifork Group revenue amounted to EURm 48.0, an increase of 10.6% from Q3/2022. Organic growth was 7.7%. When adjusting for non-core sales of hardware and third-party licenses, organic growth was 8.2%. The largest geographical market, Denmark, continued to display a double-digit organic growth rate (Q3/2023: 11.9%), and once again, the highest growth came from the private sector. Trifork Group EBITDA amounted to EURm 6.5, corresponding to a 13.5% EBITDA margin (Q3/22: 17.2%) and a decline of 13.3%. The lower margin was primarily the result of increased...

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AS Ekspress Grupp: Consolidated unaudited interim report for Q3 and 9 months of 2023

The revenue of AS Ekspress Grupp for the 3rd quarter of 2023 increased by 9% to EUR 16.5 million and EBITDA increased by 8% to EUR 2.4 million. The revenue for the first 9 months of 2023 increased by 15% to EUR 51.8 million and EBITDA increased by 18% to EUR 6.0 million as compared to last year. The Group’s net profit for the 3rd quarter totalled EUR 0.9 million and for the first 9 months, EUR 1.2 million, decreasing by 28% year-over-year without taking into consideration one-off expenses. The decrease in net profit is mainly influenced by interest rates that have increased due to the increase in Euribor and the increase in depreciation expenses resulting from the Group’s investments. Digital revenue increased by 24% as compared to the same period last year and made up 83% of the Group’s total revenue. The income from digital subscriptions...

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Mowi ASA (OSE:MOWI): Presentation of Q3 2023 results 8 November 2023 at 08:00 (CET)

Mowi ASA hereby invites you to the presentation of the results for the third quarter 2023 at Hotel Continental, Stortingsgaten 24/26, 0117 Oslo, Norway. The results will be presented in English through a live webcast followed by a Q&A session. Participants will have the opportunity to submit questions online throughout the webcast session. The webcast will be available on http://www.mowi.com/investors/reports/ A recording of the webcast will be made available on our website immediately afterwards. Please note that the quarterly report and presentation will be published at 06:30 (CET). This information is subject of the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.

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Alpha Technology Group Limited Announces Pricing of Its Initial Public Offering

Hong Kong, Oct. 31, 2023 (GLOBE NEWSWIRE) — Alpha Technology Group Limited (the “Company” or “Alpha”), an established cloud-based IT solution service provider in Hong Kong, today announced the pricing of its initial public offering (the “Off-ering”) of 1,750,000 ordinary shares (the “Ordinary Shares”) at a public offering price of $4.00 per share for total gross proceeds of $7,000,000, before deducting underwriting discounts and other offering expenses. The Ordinary Shares have been approved for listing on the Nasdaq Capital Market and are expected to commence tr-ading on October 31, 2023, under the ticker symbol “ATGL”. The Company has granted the underwriters an option, within 45 days from the closing date of the Offering, to purchase up to an additional 262,500 Ordinary Shares at the public...

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UPDATE – Discovery Lithium Confirms Multiple Surface Pegmatites at Eastern Quebec Property

Company encounters significant pegmatite occurrence at Lac Belanger claim blockDiscovery Lithium Pegmatite OutcropPegmatite Outcrop at Lac Belanger, QuebecVANCOUVER, British Columbia, Oct. 31, 2023 (GLOBE NEWSWIRE) — Discovery Lithium Inc. (CSE: DCLI) (OTC: DCLIF) (FRA: Q3Q0) (WKN: A3EFKA) (the “Company,” or “Discovery Lithium”), a Canadian exploration company focused on advancing domestic energy freedom through regional lithium discovery is pleased to announce the verification of lithium prospective surface pegmatites at its recently acquired Lac Belanger and Lac Ferland claims in Eastern Quebec. An exploration crew, provided by Axium Exploration Group, was tasked to prospect, map, and sample the claims in an effort to verify potential pegmatite occurrences identified in a high-resolution satellite imagery study of...

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