Month: April 2024

Green Hydrogen Systems – Trading Statement Q1 2024

Written by Customer Service on April 29, 2024. Posted in Earnings Releases And Operating Results.

Company Announcement 11/2024 Green Hydrogen Systems – Trading Statement Q1 2024Business highlightsIn Q1 2024, three A-Series electrolyser units were factory acceptance tested and revenue was recognised for customers in the United Kingdom, Germany, and Sweden.In April 2024, the momentum in factory acceptance testing and customer deliveries continued An order of 8.1 MW was signed with an existing customer in the UK for delivery of nine A-Series electrolyser units scheduled for delivery in 2024 and 2025.The first assembly of the improved Mark 1.1 A-Series product variant was finalised, and performance testing is ongoing ahead of the first customer delivery.The retrofit program for the installed base of A-Series Mark 1.0 progressed.A fleet optimisation program has been initiated to optimise on-site operation and enhance the...

Oma Savings Bank Plc’s Interim Report 1.1.-31.3.2024: Profit growth continues despite a significant additional allowance – comparable profit before taxes was EUR 25.6 million and increased 6.1 percent

Written by Customer Service on April 29, 2024. Posted in Earnings Releases And Operating Results.

OMA SAVINGS BANK PLC, STOCK EXCHANGE RELEASE 29 APRIL 2024 AT 8.30 A.M. EET, INTERIM REPORT Q1 Oma Savings Bank Plc’s Interim Report 1.1.-31.3.2024: Profit growth continues despite a significant additional allowance – comparable profit before taxes was EUR 25.6 million and increased 6.1 percent This release is a summary of Oma Savings Bank’s (OmaSp) January-March 2024 Interim Report, which can be read from the pdf file attached to this stock exchange release and on the Company’s web pages www.omasp.fi CEO Pasi Sydänlammi: Profit growth continues despite a significant additional allowance – comparable profit before taxes was EUR 25.6 million and increased 6.1 percent “In the first quarter, OmaSp’s business continued to develop better than expected despite the challenging economic environment. Both main sources of income continued...

Update on Funding and on Repayment of Asset Based Debt Facility & General Corporate Update

Written by Customer Service on April 29, 2024. Posted in Public Companies.

Vast Resources plc / Ticker: VAST / Index: AIM / Sector: Mining 29 April 2024 Vast Resources plc(‘Vast’ or the ‘Company’) Update on Funding and on Repayment of Asset Based Debt FacilityGeneral Corporate Update Funding Vast Resources plc, the AIM-listed mining company, is pleased to announce an update in relation to the Asset Backed Debt facility from A&T Investments SARL (“Alpha”) as announced on 16 May 2022 and the debt owed to Mercuria Energy Trading SA (“Mercuria”) relating to Tranche A of the Prepayment Agreement announced on 21 March 2018. As announced on 15 January 2024, the totality of the debt owed to Mercuria and Alpha had an effective repayment date of 29 February 2024, and as announced on 13 March 2024 discussions regarding the terms and conditions of a further extension of the loans have been continuing. The debt currently...

BAWAG Group publishes Q1 2024 results: Net profit € 167 million and RoTCE 23.7%

Written by Customer Service on April 29, 2024. Posted in Earnings Releases And Operating Results.

Q1 ’24 net profit of € 167 million, EPS of € 2.11 and RoTCE of 23.7% Average customer deposits +1% and average customer loans flat versus prior quarter Pre-provision profit of € 258 million (+4% vPY) and CIR at 32.9% Risk-cost ratio of 28 basis points … NPL ratio at 1.0% CET1 ratio of 15.6% post-deduction of dividend accrual of € 92 million for Q1 ‘24 Targets for 2024 reconfirmed: Profit before tax > € 920 million, RoTCE >20%, and CIR < 34%Today, BAWAG Group released its results for the first quarter 2024, reporting a net profit of € 167 million, earnings per share of € 2.11, and a RoTCE of 23.7%. The operating performance of our business was strong with pre-provision profits of € 257.6 million and a cost-income ratio of 32.9%. Anas Abuzaakouk, CEO, commented: “In the first quarter we delivered a strong set of results with net profit...

Philips delivers first-quarter results in line with 2024 performance improvement plan; Resolves the Respironics personal injury and medical monitoring litigation in the US for USD 1.1 billion

Written by Customer Service on April 29, 2024. Posted in Earnings Releases And Operating Results.

April 29, 2024 First-quarter highlightsGroup sales amounted to EUR 4.1 billion, with comparable sales growth of 2.4% Comparable order intake -3.8%, mainly due to China USD 1.1 billion Respironics litigation settlement reached in the US (provision recognized of EUR 982 million) Income from operations EUR -824 million, including above provision Adjusted EBITA margin of 9.4% of sales Free cash outflow of EUR 336 million EUR 540 million agreement reached with insurers for Respironics recall-related product liability claimsRoy Jakobs, CEO of Royal Philips:“We started the year in line with our plan, with order intake growth outside China turning positive and strong margin improvement. Supported by key innovation launches and strong focus on our execution priorities, we remain confident in our performance improvement plan for 2024. Patient...

Net asset value of the EfTEN United Property Fund as of 31.03.2024

Written by Customer Service on April 29, 2024. Posted in Public Companies.

The net asset value (NAV) of EfTEN United Property Fund unit was 10.62 euros at the end of March, decreasing by 0.1% over the month. The decrease in NAV was related to the investment in the shares of the listed fund EfTEN Real Estate Fund AS, which closed by 1,3% down on the Tallinn stock market in March. In April, the share price of EfTEN Real Estate Fund AS has increased by 3,9%. If the fund’s investment in the EfTEN Real Estate Fund AS shares is reflected on the basis of net value, the NAV of EfTEN United Property Fund would be 10.72 euros, increasing by 0,2% in March. At the end of March and in April, the fund received dividends from investments in the shares of EfTEN Real Estate Fund AS and EfTEN Kinnisvarafond II AS as well as the distribution from EfTEN Residential Fund. EfTEN United Property Fund will distribute these proceeds...

Belships ASA: Change in ownership of Lighthouse Navigation

Written by Customer Service on April 29, 2024. Posted in Public Companies.

Belships has entered into an agreement to divest its stake of 50 per cent in Lighthouse Navigation Pte Ltd against a cash consideration which will be paid to Belships over the next 15 months. As part of the transaction, Belships has acquired 33 per cent of the shares in Lighthouse Navigation Management AS, increasing Belships’ ownership to 67 per cent. Closing of the transaction has been completed. “Ever since incorporation Lighthouse Navigation has been a success story, and this ownership change is to focus and simplify Belships’ involvement within dry bulk operating businesses. This is a transaction conducted in good spirit, and the commercial management of the Belships fleet will continue to be handled in the same manner as today, in co-operation between the offices in Bangkok and Oslo”, said Lars Christian Skarsgård, CEO of Belships...

Notice of calling the annual general meeting of Hepsor AS

Written by Customer Service on April 29, 2024. Posted in Public Companies.

The management board of Hepsor AS (registry code 12099216, address Järvevana 7b, 10112 Tallinn) calls the annual general meeting of the shareholders to be held on Thursday, 23 May 2024 at 11:00 in hotel Mövenpick conference center, Lembitu 12, Tallinn. The registration of participants of the general meeting shall begin on 23 May 2024 at 10:30 at the location of the meeting. We kindly ask the shareholders to arrive ahead of time, considering the time it takes to register the participants of the meeting. The list of shareholders entitled to vote in the annual general meeting shall be determined as at 7 days before the general meeting is held, i.e. on 16 May 2024 at the end of the business day of the settlement system of Nasdaq CSD Estonia. Procedure and term of electronic voting The shareholders who do not wish to participate at the physical...

Burgundy Diamond Mines reports first quarter 2024 results

Written by Customer Service on April 29, 2024. Posted in Earnings Releases And Operating Results.

Burgundy Diamond Mines 23.15 carat fancy intense yellow diamondThe 23.15 carat fancy intense yellow diamond was recovered from Burgundy’s Ekati Diamond Mine in January. The stone will be featured at Burgundy’s debut viewing in Dubai, during the second quarter of this year.CALGARY, Alberta, April 28, 2024 (GLOBE NEWSWIRE) — Burgundy Diamond Mines (ASX:BDM) (Burgundy or the company) provided its financial and operating results for the first quarter (Q1 2024) ended March 31, 2024 to the Australian Stock Exchange, on April 29, 2024. Burgundy maintained a robust EBITDA of $26 million, up 49% from Q1 2023 and recorded record revenues of $117 million. “The opening quarter of 2024 represents our third period in charge after our Arctic Canadian Diamond Company acquisition in June last year, and we are pleased with the number of...

Valoe’s Annual Report, Corporate Governance Statement and Remuneration Report Have Been Disclosed. The Financial Statements Are Unaudited.

Written by Customer Service on April 28, 2024. Posted in Public Companies.

Valoe Corporation Stock Exchange Release 28 April 2024 at 21.25 Finnish time VALOE’S ANNUAL REPORT, CORPORATE GOVERNANCE STATEMENT AND REMUNERATION REPORT HAVE BEEN DISCLOSED. THE FINANCIAL STATEMENTS ARE UNAUDITED. Valoe Corporation’s Annual Report 2023 has been disclosed. The Annual Report includes the Report of the Board of Directors, the Financial Statements, and the Corporate Governance Statement. In addition, the company has disclosed the Remuneration Report for 2023. The Auditor elected by Valoe’s 2023 Annual General Meeting resigned in December 2023 as the company has disclosed. The company will elect a new auditor at its Annual General Meeting. Thus, the Directors’ Report and Financial Statements are unaudited. Valoe will report its Financial Statements...

Month: April 2024

Disclaimer & Cookie Notice

Welcome to GOLDEA services for Professionals