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Day: February 8, 2024

Renault Group: Nissan’s contribution to Renault Group’s Full Year 2023 earnings

Press Release February 8, 2023 Nissan contributes €797 million to Renault Group’s Full Year 2023 earnings Nissan released today its results for the third quarter of fiscal year 2023/2024 (April 1st,2023 to March 31st, 2024). Nissan’s results, published in Japanese accounting standards, for the third quarter of fiscal year 2023/2024 (October 1st to December 31st, 2023), after IFRS restatements, will have a negative contribution to Renault Group’s fourth quarter 2023 net income estimated at -€440 million1. Therefore, Nissan’s contribution to Renault Group Full Year 2023 results amounted to €797 million. As a reminder, following the sale by Renault Group of 211 million Nissan shares announced on December 13, 2023, and the cancellation of the acquired shares as part of the buyback by Nissan, Renault Group’s...

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Termination of the fifth phase of share buy-back program

ANNOUNCEMENT A.P. Møller – Mærsk A/S – Termination of the fifth phase of share buy-back program On 3 November 2023, the Company announced the initiation of the fifth phase of the share buy-back program. The shares to be acquired was planned to a total market value of DKK 11 billion (around USD 1.6 billion). The Company has decided to terminate the fifth phase of the share buy-back program with immediate effect and the Lead Manager, Skandinaviska Enskilda Banken AB’s mandate to purchase shares on behalf of the Company has been withdrawn. Copenhagen, 8 February 2024 Contact person: Head of Investor Relations, Stefan Gruber, tel.: +45 3363 3484                                                                                                                                                                                                                                                                                                                                 ...

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Unibail-Rodamco-Westfield Reports FY-2023 Earnings

                                Paris, Amsterdam, February 8, 2024 Press release UNIBAIL-RODAMCO-WESTFIELD REPORTS FY-2023 EARNINGS  Strong operating performance with tenant sales up +6.4%, above core inflation, and footfall up +4.9%  Like-for-like EBITDA up +6.7% and Adjusted Recurring EPS of €9.621, above guidance  Continued deleveraging leading to improved Net Debt/EBITDA at 9.3x  Successful return to the bond market at attractive conditions  Better Places sustainability roadmap shared with the market including net-zero targets approved by the SBTi  Distribution reinstated with a proposed cash payment of €2.50 per share to be paid in May 20242  2024 AREPS forecasted to be in the range of €9.65 to €9.803 2023 in review:Tenant sales up +6.4% and footfall up +4.9% Shopping Centre vacancy back to 2019 level at 5.4%, 110 bps improvement...

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FLOW TRADERS Q4 2023 RESULTS

FLOW TRADERS Q4 2023 RESULTS Amsterdam, the Netherlands – Flow Traders Ltd. (Euronext: FLOW) announces its unaudited Q4 2023 results. HighlightsFlow Traders recorded Normalized Net Trading Income of €72.8m and Normalized Total Income of €72.9m in Q423. For FY23, Normalized Total Income was €299.8m compared to €460.6m in FY22 given the overall decline in market activity over the year. Flow Traders’ Value Traded declined 5% y/y in Q423 and declined by 16% y/y in 2023 given the subdued market environment. Normalized Operating Expenses were €49.4m in Q423, with Normalized Fixed Operating Expenses of €40.4m. For FY23, Normalized Operating Expenses came in at €207.6m, down from €252.4m in FY22. Normalized Fixed Operating Expenses were €174.1m, up from €161.6m in 2022, and compared to the guidance of €175-185m. Normalized EBITDA was...

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Huhtamäki Oyj’s Results January 1-December 31, 2023: Strong cash flow and margin improvement

HUHTAMÄKI OYJ FINANCIAL STATEMENT RELEASE 8.2.2024 AT 8:30 Huhtamäki Oyj’s Results January 1-December 31, 2023: Strong cash flow and margin improvement Q4 2023 in briefNet sales decreased 6% to EUR 1,033 million (EUR 1,104 million) Adjusted EBIT was EUR 108 million (EUR 93 million); reported EBIT was EUR 146 million (EUR 78 million) Adjusted EPS was EUR 0.68 (EUR 0.65); reported EPS was EUR 0.83 (EUR 0.54) Comparable net sales growth at Group level was -3% and -5% in emerging markets The impact of currency movements on the Group’s net sales was EUR -44 million and EUR -5 million on EBITQ1-Q4 2023 in briefNet sales decreased 7% to EUR 4,169 million (EUR 4,479 million) Adjusted EBIT was EUR 393 million (EUR 395 million); reported EBIT was EUR 381 million (EUR 405 million) Adjusted EPS was EUR 2.32 (EUR 2.49); reported EPS...

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Ayvens reports FY 2023 results

Press release Ayvens1 reports FY 2023 results2 Paris, 8 February 2024 FY 2023 RESULTS Earning assets3 up 14.2% vs. end December 2022, underpinned by the sharp increase in vehicle value Leasing contract and Services margins at EUR 2,616.1 million, up 38.0% vs. 2022 and stable on a like-for-like basis4. Consolidation of LeasePlan, impact of reduction in depreciation costs (EUR +514.6 million) and marked to market (MtM) of hedging derivatives (EUR -186 million) Used car sales (UCS) result per unit at EUR 2,4005 in 2023 (vs. EUR 3,269 in 2022). ALD’s UCS result per unit at EUR 1,312 after the impact of reduction in depreciation costs6, in line with guidance Cost to income ratio7 at 63.7% vs. 53.2% in 2022 Net income (group share) at EUR 816.2 million, down 32.8% compared to exceptionally high 2022 base. Impact of normalization of used car...

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Invitation to BTS Q4 2023 presentation and conference call

P R E S S  R E L E A S E Stockholm, February 8, 2024 STOCKHOLM, SWEDEN – BTS Group AB (publ), a leading global strategy implementation firm, invites investors, analysts and business media to its interim report presentation and conference call with CEO Jessica Skon on Thursday, February 22 at 09.30 am CET. The presentation can be followed on the web at: https://ir.financialhearings.com/bts-group-q4-report-2023 If you wish to ask questions verbally, please register via the link below. After registration, you will receive the phone number and conference ID to participate in the conference call. https://conference.financialhearings.com/teleconference/?id=5003475 The report will be published at 07.00 am CET the same day. The presentation and slides will be available later at http://ir.bts.com/presentations For more information, please...

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Proposals by Huhtamäki Oyj’s Board of Directors and the Shareholders’ Nomination Board to the Annual General Meeting of Shareholders

HUHTAMÄKI OYJ STOCK EXCHANGE RELEASE 8.2.2024 AT 8:45 Proposals by Huhtamäki Oyj’s Board of Directors and the Shareholders’ Nomination Board to the Annual General Meeting of Shareholders The Annual General Meeting of Shareholders of Huhtamäki Oyj (the “Company”) (the “AGM”) will be held on Thursday, April 25, 2024, at 11:00 (EEST), at Scandic Marina Congress Center, Katajanokanlaituri 6, 00160 Helsinki, Finland. The notice to convene the AGM is planned to be published on the Company’s website (www.huhtamaki.com) on March 26, 2024. In addition, there will be an announcement regarding the notice in the Helsingin Sanomat newspaper. The notice will include more detailed information on the participation and voting at the AGM. Use of the profit shown on the balance sheet The Board of Directors proposes to the AGM that...

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Kering: Press release – 2023 Annual Results

 Kering – Press release – 2023 Full-year resultsPRESS RELEASEFebruary 8, 2024        2023 ANNUAL RESULTS Revenue: €19,566 milliondown 4% as reported, down 2% on a comparable basis Recurring operating income down to €4,746 million Net income attributable to the Group: €2,983 millionRecommended ordinary dividend: €14 per share    “In a trying year for the group, we strengthened our organization and took significant steps to further enhance the visibility and exclusivity of our Houses. We are focused on revitalizing Gucci, leveraging the unique blend of craftsmanship, Italian heritage, and modernity that characterizes this iconic House. The launch of Kering Beauté and the acquisition of Creed, a storied maker of high-end fragrances, will enable us to capture our share of the steadily...

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