Year: 2023

Nokia adds new 5G devices to its FWA portfolio

Written by Customer Service on October 24, 2023. Posted in Public Companies.

Press Release Nokia adds new 5G devices to its FWA portfolioNokia expands its FastMile 5G Fixed Wireless Access (FWA) portfolio with new indoor and outdoor devices for faster speeds and better coverage. New Nokia outdoor receiver uses high gain antennas to avoid first wall attenuation and improve FWA coverage to the cell edge while still offering self-install convenience. New Nokia Gateway offers the ultimate consumer experience while delivering 5G speeds throughout the home with dual-band Wi-Fi 7.24 October, 2023Espoo, Finland – Nokia today announced a new 5G Fixed Wireless Access outdoor receiver and a new indoor gateway with Wi-Fi 7 based on the latest available technology. The FWA devices enable operators to conserve radio capacity and improve coverage of their FWA service. Nokia studies indicate that operators can save as much...

Siili Solutions Plc: Business review, 1 January–30 September 2023

Written by Customer Service on October 24, 2023. Posted in Earnings Releases And Operating Results.

Siili Solutions Plc: Business review, 1 January–30 September 2023 Siili’s growth slowed down and profitability weakened in a challenging market situation Siili Solutions Plc Stock Exchange Release 24 October 2023 at 9:50 am EEST Key figuresEUR million Q3/20231 Q3/2022 Q1-Q3/20231 Q1-Q3/2022Revenue 27.0 26.9 92.3 85.8Revenue growth, EUR million 0.1 4.5 6.5 14.7Revenue growth, % 0.5% 20.3% 7.6% 20.6%Organic revenue growth, EUR million -1.2 4.5 2.3 12.2Organic revenue growth, % -4.1% 20.3% 2.6% 17.1%Adjusted EBITA2 1.3 2.3 6.3 8.8Adjusted EBITA, % of revenue 4.7% 8.7% 6.8% 10.3%EBITA 1.3 2.3 6.3 8.8EBITA, % of revenue 4.7% 8.7% 6.8% 10.3%Average number of employees during the period 1,057 968 1,049 940Number of employees at the end of the period 1,053 994 1,053 994Number of full-time employees (FTE)...

UPM Interim Report Q3 2023: UPM delivers improved results from previous quarter and continues to build long-term growth

Written by Customer Service on October 24, 2023. Posted in Earnings Releases And Operating Results.

UPM-Kymmene Corporation Stock Exchange Release (Interim Report) 24 October 2023 at 09:40 EEST UPM Interim Report Q3 2023:UPM delivers improved results from previous quarter and continues to build long-term growth Q3 2023 highlights Sales decreased by 24% to EUR 2,584 million (3,420 million in Q3 2022) Comparable EBIT decreased by 72% to EUR 220 million, 8.5% of sales (779 million, 22.8%) Operating cash flow was EUR 641 million (-201 million), supported by cash inflow from working capital and energy hedges Net debt decreased to EUR 2,363 million (3,133 million) and the net debt to EBITDA ratio was 1.27 (1.39) Pulp and electricity sales prices significantly lower than last year, impacting UPM Fibres and UPM Energy. Successful margin management in other business areas Demand for many of UPM’s...

Dream Energy et Ardent Invest s’associent pour accélérer le déploiement de la supercharge en Belgique

Written by Customer Service on October 24, 2023. Posted in Public Companies.

Dream Energy et Ardent Invest s’associent pour accélérer le déploiement de la supercharge en Belgique Bruxelles, 24 octobre 2023 – Dream Energy, acteur global des énergies renouvelables depuis 2007 et opérateur de recharge, et Ardent Invest, société d’investissement belge, annoncent leur partenariat pour développer un réseau de superchargeurs à destination des véhicules électriques sur le territoire belge. Selon les projections de la FEBIAC (la Fédération de l’Industrie de l’Automobile et du Cycle en Belgique et au Grand-Duché de Luxembourg), plus de 2 millions de voitures électriques devraient circuler sur les routes belges d’ici 2030. C’est dans ce contexte que Dream Energy, producteur d’énergies renouvelables et opérateur de recharge a souhaité s’associer avec Ardent Invest, propriétaire notamment de multiples sites...

Press Release : Orange Q3 2023 Financial Results

Written by Customer Service on October 24, 2023. Posted in Earnings Releases And Operating Results.

Press releaseParis, 24 October 2023 Financial information at 30 September 2023 Focus on the Lead the future strategic plan, prioritize value and operational efficiency. 3Q results fully in line with the confirmed 2023 financial targets. In millions of euros 3Q 2023 changecomparablebasis changehistoricalbasis 9M 2023 changecomparablebasis changehistoricalbasisRevenues 10,999 1.8 % 1.6 % 32,544 1.9 % 1.3 %EBITDAaL 3,596 1.4 % 0.4 % 9,491 1.0 % (0.3)%eCAPEX (excluding licenses) 1,597 (7.0)% (7.7)% 4,751 (6.1)% (7.6)%EBITDAaL – eCAPEX 1,999 9.3 % 8.0 % 4,740 9.4 % 8.4 %Commenting on the publication of these results, Christel Heydemann, Chief Executive Officer of the Orange Group, said: “In an unstable global environment, we have once again demonstrated our ability to execute our “Lead...

Azerion acquires stake in youth media platform Just Another Media Company

Written by Customer Service on October 24, 2023. Posted in Public Companies.

Amsterdam, 24th October 2023 – Azerion has taken a minority stake in the youth-focused media house Just Another Media Company (JAMC), based in Amsterdam. JAMC owns various online titles such as RUMAG, ParraTV, SoWhat!, Nieuwskamer, and Darum. Additionally, it produces and licenses ComplexNL, the largest platform targeting millennials and Gen Z worldwide, originally from the United States and providing news on pop and street culture, streetwear and style, music, sneakers, and sports. JAMC also serves as a sales agent for branded content propositions across various other platforms. Michel Palmen, Managing Director of JAMC, states, “Since its establishment in 2021, JAMC has demonstrated impressive growth in reach and revenue, focusing on a challenging demographic: youngsters. The partnership with Azerion was already established in the...

Third quarter 2023

Written by Customer Service on October 24, 2023. Posted in Public Companies.

Stable results and improved cash flow Third quarter 2023Net turnover amounted to SEK 8,708 M (7,291), an increase of 19 per cent. Operational earnings amounted to SEK 335 M (334). Sweden and Western Europe reported higher operational earnings while Norway reported SEK 53 M lower operational earnings compared to the previous year. Operating profit amounted to SEK 288 M (386). The previous year’s operating profit included a profit from sale of operations of SEK 92 M. Net profit for the period amounted to SEK 169 M (285). The previous year’s net profit included a profit after tax from sale of operations of SEK 80 M. Earnings per share amounted to SEK 1.83 (3.14). Operating cash flow amounted to SEK 269 M (–133).Nine months 2023Net turnover amounted to SEK 28,406 M (24,920), an increase of 14 per cent. Operational earnings...

Ignitis Group has retained ‘BBB+’ credit rating

Written by Customer Service on October 24, 2023. Posted in Public Companies.

AB “Ignitis grupė” (hereinafter – the Group or Ignitis Group) informs that an international credit ratings agency, S&P Global Ratings, after performing the annual review of the Group’s credit rating, affirmed ‘BBB+’ (stable outlook) credit rating. You can find the credit rating report here (link). “The Group’s strategy includes a commitment to maintain a high credit rating. This credit rating affirmation confirms that we follow through on our goals, ensure sustainable finances and are prepared to implement our investment plan,” said Jonas Rimavičius, Management Board Member and CFO at Ignitis Group. ‘BBB+’ credit rating was first awarded to the Group in June 2017. For more information, please contact: Artūras Ketlerius Head of Corporate Communications at Ignitis Group arturas.ketlerius@ignitis.lt +370 620 76076

Norsk Hydro: Positioning for the long-term, navigating challenging markets

Written by Customer Service on October 24, 2023. Posted in Earnings Releases And Operating Results.

Hydro’s adjusted EBITDA for the third quarter of 2023 was NOK 3,899 million, down from NOK 9,721 million for the same quarter last year. This resulted in an adjusted RoaCE of 8.5 percent over the last twelve months.Weaker results in challenging and uncertain markets, firm mitigating actions in place Delivering on strategic growth agenda in Extrusions and recycling, capturing value from Alumetal Executing on decarbonization roadmap across the value chain, delivered first Hydro REDUXA 3.0 to Mercedes-Benz EU regulatory framework supporting strategy, disappointing Norwegian national budget Hydro Rein capital raise finalized, partnering with Macquarie Asset Management for renewables growthLower aluminium and alumina sales prices, lower Extrusions and recycling volumes, reduced CO2 compensation, and a provision for a multi-year social...

Teck Reports Unaudited Third Quarter Results for 2023

Written by Customer Service on October 24, 2023. Posted in Public Companies.

Ramp-up of QB2 continues with strong asset performance VANCOUVER, British Columbia, Oct. 24, 2023 (GLOBE NEWSWIRE) — Teck Resources Limited (TSX: TECK.A and TECK.B, NYSE: TECK) (Teck) today announced its unaudited third quarter results for 2023. “We made solid progress on the ramp-up of our flagship QB2 copper project, generating gross profit in the third quarter, and we remain on track to achieve design throughput by year end,” said Jonathan Price, CEO. “Positive financial performance was driven by continued strong commodity prices, partially offset by lower steelmaking coal sales due to supply chain disruptions – resulting from the B.C. port strike and wildfires – in the quarter.” HighlightsAdjusted profit attributable to shareholders1 of $399 million, or $0.77 per share, in Q3 2023. Profit from continuing operations...

Year: 2023

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