Month: February 2024

Planned project sale of property Schillerstrasse 4, Frankfurt am Main

Written by Customer Service on February 1, 2024. Posted in Public Companies.

Nasdaq OMX Copenhagen A/S Charlottenlund, 1 February 2024Announcement no. 251 Planned project sale of property Schillerstrasse 4, Frankfurt am Main Today, the Company’s Board of Directors has evaluated and decided to make an attempt to offer the property Schillerstrasse 4, Frankfurt am Main as a project sale through Kartago Capital A/S. The project tender will take place for a limited period until 30 September 2024 and at a sales price of approximately EUR 19.0 million (DKK 141.5 million), so that after sales cost there will be pre-tax proceeds in the amount of approximately EUR 17.8 (DKK 132,6 million) to German High Street Properties A/S. After tax the proceed will be approximately EUR 16,2 million. The liquidity released if the project sale is completed will mainly be used to reduce the company’s debt. It will be a condition...

Norsk Hydro: Market part of Hydro`s 2023-2024 share buyback program finalized

Written by Customer Service on February 1, 2024. Posted in Mergers And Acquisitions.

On January 31, 2024, Hydro finalized the open market repurchase of the 2023-2024 buyback program as announced on September 22, 2023. The total program comprises 32 192 623 shares, of which 21 163 019 shares were repurchased in the market. The remaining 11 029 604 shares will be purchased from the Norwegian state through the Ministry of Trade, Industry and Fisheries, and therefore the Ministry’s ownership interest in Norsk Hydro ASA of 34.26% will remain unchanged. The 32 192 623 shares will be cancelled following approval by the Annual General Meeting in May 2024. The shares that have been repurchased in the open market have had an immediate cash effect, whereas the pro rata shares from the Norwegian state will be paid simultaneously with the capital reduction in mid-2024. The weighted average price for the 21 163 019 shares was...

Resume trading in Storebrand Indeks – Nye Markeder

Written by Customer Service on February 1, 2024. Posted in Public Companies.

Lysaker, 1 February 2024 Trading in Storebrand Indeks – Nye Markeder, symbol STIINM) can be resumed as the technical issues are resolved and correct prices (indre verdi – IV) are calculated as normal. RegardsStorebrand Asset Management AS Contacts: Kim Toftegaard Andreassen, Director, Kim.Toftegaard.Andreassen@storebrand.com Frode Aasen, Product Manager, fdc@storebrand.comFund name and share class Symbol ISINSKAGEN Focus A SKIFOA NO0010735129SKAGEN Global A SKIGLO NO0008004009SKAGEN Kon-Tiki A SKIKON NO0010140502SKAGEN m2 A SKIM2 NO0010657356SKAGEN Vekst A SKIVEK NO0008000445Storebrand Indeks – Alle Markeder A5 STIIAM NO0010841588Storebrand Indeks – Nye Markeder A5 STIINM NO0010841570Storebrand Global ESG...

UPM financial statements release 2023: UPM’s earnings recovery continued in Q4, growth projects set to deliver

Written by Customer Service on February 1, 2024. Posted in Earnings Releases And Operating Results.

UPM-Kymmene Corporation Financial Statements Release 2023 1 February 2024 at 09:50 EET UPM financial statements release 2023:UPM’s earnings recovery continued in Q4, growth projects set to deliver Q4 2023 highlights Sales decreased by 22% to EUR 2,531 million (3,231 million in Q4 2022) Comparable EBIT decreased by 51% to EUR 323 million, 12.8% of sales (653 million, 20.2%) Operating cash flow was EUR 456 million (1,576 million), supported by cash inflow from working capital Net debt was EUR 2,432 million (2,374 million) and the net debt to EBITDA ratio was 1.55 (0.94) Pulp and electricity sales prices significantly lower than in the previous year, impacting UPM Fibres and UPM Energy. Successful margin management in other business areas Demand for many of UPM’s products continued to gradually...

Cargotec’s financial statements review 2023: Record year in sales and profitability

Written by Customer Service on February 1, 2024. Posted in Earnings Releases And Operating Results.

CARGOTEC CORPORATION, FINANCIAL STATEMENTS REVIEW 2023, 1 FEBRUARY 2024 AT 9:00 AM (EET) Cargotec’s financial statements review 2023: Record year in sales and profitabilityOrders received in Q4 improved from Q3 and amounted to 1,015 MEUR Sales increased by 12 percent to EUR 4,569 million and comparable operating profit by 62 percent to EUR 513 million in 2023 Record-high operative cash flow of 544 MEUR in 2023 MacGregor turnaround progressing according to the planThe figures in this financial statements review are based on Cargotec Corporation’s audited 2023 financial statements. October–December 2023 in brief: Record cash flowOrders received decreased by 15 percent and totalled EUR 1,015 (1,190) million. Order book amounted to EUR 2,812 (31 Dec 2022: 3,541) million at the end of the period. Sales decreased by 4 percent...

SHELL PLC 4TH QUARTER 2023 AND FULL YEAR UNAUDITED RESULTS

Written by Customer Service on February 1, 2024. Posted in Earnings Releases And Operating Results.

SHELL PLC4th QUARTER 2023 AND FULL YEAR UNAUDITED RESULTS SUMMARY OF UNAUDITED RESULTSQuarters $ million Full yearQ4 2023 Q3 2023 Q4 2022 %¹ Reference 2023 2022 %474 7,044 10,409 -93 Income/(loss) attributable to Shell plc shareholders 19,360 42,309 -547,306 6,224 9,814 +17 Adjusted Earnings A 28,250 39,870 -2916,335 16,336 20,600 — Adjusted EBITDA A 68,538 84,289 -1912,575 12,332 22,404 +2 Cash flow from operating activities 54,196 68,414 -21(5,657) (4,827) (6,918) Cash flow from investing activities (17,737) (22,448) 6,918 7,505 15,486 Free cash flow G 36,460 45,965 7,113 5,649 7,319 Cash capital...

Hoylu AB Publishes the Interim Report for January – December 2023

Written by Customer Service on February 1, 2024. Posted in Public Companies.

Stockholm, Sweden, February 01, 2024 TWELVE MONTHS 2023Annual Recurring Revenue (ARR), including long-term service contracts, increased to MSEK 57.4 during the period, up 11% from Q4 2022. Revenue for the twelve months of 2023 was MSEK 57.0, an increase of 19.7% compared to the twelve months of 2022. Profit after tax for the twelve months of 2023 amounted to MSEK -34.3 (-49.6). Earnings per share for the twelve months of 2023 amounted to SEK -1.11 (-10.83)The complete version of the Interim Report for January – December 2023 is attached in this press release and is available on Hoylu’s web site (www.hoylu.com/investor-relations/financial-reports/). For more information, please contact:Truls Baklid, CEO, +47 924 38 900 Email: tob@hoylu.comKjartan Berge Steinshamn, CFO at Hoylu +47 481 27 673 Email: kbs@hoylu.com About Hoylu...

Stolt-Nielsen Limited Reports Unaudited Results For the Fourth Quarter and Full Year 2023

Written by Customer Service on February 1, 2024. Posted in Public Companies.

Another strong year as positive momentum continues LONDON, February 1, 2024 – Stolt-Nielsen Limited (Oslo Børs ticker: SNI) today reported unaudited results for the fourth quarter and full year ending November 30, 2023. The Company reported a fourth-quarter net profit of $98.4 million with revenue of $695.2 million, compared with a net profit of $95.3 million, with revenue of $732.5 million, in the fourth quarter of 2022. The net profit for the full year 2023 was $296.7 million, with revenue of $2,820.2 million, compared with a net profit of $280.9 million, with revenue of $2,771.8 million, in 2022. Highlights for the fourth quarter of 2023, compared with the fourth quarter of 2022, were:Stolt-Nielsen Limited (SNL) consolidated EBITDA1 of $208.4 million, up from $197.8 million. Earnings per share in the fourth quarter was $1.84, up...

Inside information: The Board of Directors of Cargotec has approved a demerger plan concerning the separation of Kalmar into a new listed company

Written by Customer Service on February 1, 2024. Posted in Public Companies.

CARGOTEC CORPORATION, INSIDE INFORMATION, 1 FEBRUARY 2024 AT 9:05 AM (EET) Inside information: The Board of Directors of Cargotec has approved a demerger plan concerning the separation of Kalmar into a new listed company HighlightsCargotec’s Board of Directors has approved a demerger plan concerning the separation of Kalmar into an independent listed company. The Demerger is subject to approval by the AGM of Cargotec to be held on 30 May 2024. The planned completion date of the Demerger is 30 June 2024. The demerger and listing prospectus, which is expected to be published by Cargotec in May 2024 before the AGM, will contain more detailed information on the Demerger and Kalmar. Certain major shareholders of Cargotec have indicated their support for the proposed Demerger.The Board of Directors of Cargotec Corporation...

Changes in Cargotec leadership team

Written by Customer Service on February 1, 2024. Posted in Public Companies.

CARGOTEC CORPORATION, STOCK EXCHANGE RELEASE, 1 FEBRUARY 2024 AT 9:04 AM EET Changes in Cargotec leadership team As part of the planned separation of Kalmar by partial demerger, announced on 27 April 2023, Carina Geber-Teir, Cargotec’s SVP Communications, has been appointed as Head of Investor Relations and Communications of Kalmar. She will start in her new role on 1 April 2024 and join the Kalmar leadership team, after which, she will no longer be a member of Cargotec’s leadership team. Cargotec previously announced on 9 November 2023 that Sami Niiranen had been appointed as President of Kalmar and proposed as the new CEO of the potential separately listed standalone Kalmar. He will start as President of Kalmar on 1 April 2024 and join Cargotec’s leadership team. As a result of these changes, Cargotec leadership team will,...

Month: February 2024

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