Month: May 2024

Sampo Group’s results for January-March 2024

Written by Customer Service on May 7, 2024. Posted in Earnings Releases And Operating Results.

SAMPO PLC INTERIM STATEMENT 7 May 2024 at 9:50 am Sampo Group’s results for January-March 2024 • Sampo Group achieved top line growth of 10 per cent on a currency adjusted basis, driven by strong development in all business areas • The underwriting result decreased to EUR 260 million (292) and the combined ratio increased to 87.1 per cent (84.0), as a result of challenging Nordic winter conditions • The Group underlying combined ratio improved by 1.1 percentage points and the outlook for 2024 was narrowed to 83–85 per cent (below 85) • Profit before taxes increased to EUR 465 million (359), supported by strong investment returns and slightly higher discount rates • Operating EPS was broadly stable at EUR 0.50 (0.51) despite the lower underwriting result • Solvency II coverage stood at 180 per cent (182),...

Results remain strong as power prices continue to drop

Written by Customer Service on May 7, 2024. Posted in Earnings Releases And Operating Results.

(Oslo, Norway, 7 May 2024) – Statkraft reported strong results in the first quarter 2024 as power prices continued to drop following two extraordinary years in the energy markets. Statkraft’s power generation, energy management, and trading and origination activities delivered solid performance.Net operating revenues was NOK 19.6 billion in Q1 2024 compared to 23.5 billion in the comparable quarter last year when the European energy crises caused extraordinary market conditions. Underlying EBIT decreased to NOK 13.5 billion (NOK 17.5 billion), while profit after tax was NOK 6.8 billion (NOK 10.2 billion). Energy markets continued to normalise and power prices dropped sharply, driven by lower gas prices, a mild winter and reduced demand. European power prices in the first quarter fell by 31 per cent in the Nordic region and 42 percent...

Cnova N.V. – Appointment of new non-executive director and Notice of the 2024 Annual General Meeting of Shareholders

Written by Customer Service on May 7, 2024. Posted in Public Companies.

CNOVA N.V. Appointment of new non-executive director and Notice of the 2024 Annual General Meeting of Shareholders Amsterdam – May 7, 2024, 08:30 CEST — Cnova N.V. (Euronext Paris: CNV; ISIN: NL0010949392) (“Cnova” or the “Company”) announces that Mrs. Béatrice Davourie was appointed as replacement non-executive director and Chairman of the Board of Cnova NV, effective as per May 10, 2024. Mrs. Davourie serves as General Counsel at the Casino Group. Prior to joining Casino, she held senior legal executive positions at Groupe Louis Delhaize and CapGemini. Among others, she holds an Executive MBA from ESSEC business school and a master’s degree in corporate and tax law from Paris Panthéon-Assas University. Cnova also today published the notice for its 2024 Annual General Meeting of Shareholders (the “AGM”) on its website at www.cnova.com....

Jyske Realkredit A/S – Interim Financial Report, Q1 2024

Written by Customer Service on May 7, 2024. Posted in Earnings Releases And Operating Results.

Jyske Realkredit A/S – Interim Financial Report, Q1 2024 To NASDAQ Copenhagen A/S 7 May 2024 Announcement No. 41/2024 Interim Financial Report, Q1 2024 On May 7, 2024, the Supervisory Board has approved the Interim Financial Report, Q1 2024 of Jyske Realkredit A/S. Please see the attached file. Yours sincerely,Jyske Realkredit A/S Carsten Tirsbæk MadsenCEO Direct phone (+45) 89 89 90 50E-mail: ctm@jyskerealkredit.dk Web: jyskerealkredit.dk Please observe that the Danish version of this announcement prevails. Attached files:Interim Financial Report of Jyske Realkredit, Q1 2024.pdfAttachment...

Interim Financial Report, Q1 2024

Written by Customer Service on May 7, 2024. Posted in Earnings Releases And Operating Results.

Net interest income rose by 11% to DKK 2,462m (Q1 2023: DKK 2,224m) Core income was up by 4% to DKK 3,430m (Q1 2023: DKK 3,310m) Core expenses rose by 5% to DKK 1,557m (Q1 2023: DKK 1,480m) Loan impairment charges amounted to an expense of DKK 82m (Q1 2023: DKK 96m) Net profit was nearly unchanged at DKK 1,286m (Q1 2023: DKK 1,289m). Capital ratio at 22.0%, of which common equity tier 1 capital ratio at 16.6% (Q1 2023: 19.6% and 15.4%, respectively) Dividend of DKK 500m, corresponding to DKK 7.78 per share, adopted at the Annual General Meeting and paid out to the shareholders in March 2024 Share buy-back programme of up to DKK 1.5bn launches on 3 June.Summary ”Q1 2024 showed a net profit of DKK 1.3bn. This is in line with the highest results for the first quarter of the year so far due especially to the higher level of interest rates...

International Petroleum Corporation Announces First Quarter 2024 Financial and Operational Results

Written by Customer Service on May 7, 2024. Posted in Earnings Releases And Operating Results.

TORONTO, May 07, 2024 (GLOBE NEWSWIRE) — 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 months ended March 31, 2024. William Lundin, IPC’s President and Chief Executive Officer, comments: “We are pleased to announce another strong quarter of production and operational performance, which was combined with favourable commodity prices. IPC achieved an average net daily production during the quarter of 48,800 barrels of oil equivalent per day (boepd). Our financial results during the quarter are in line with the 2024 guidance announced at our Capital Markets Day in February as we continue to excel operationally across our operations in Canada, Malaysia and...

International Petroleum Corporation Announces First Quarter 2024 Financial and Operational Results

Written by Customer Service on May 7, 2024. Posted in Earnings Releases And Operating Results.

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 months ended March 31, 2024. William Lundin, IPC’s President and Chief Executive Officer, comments: “We are pleased to announce another strong quarter of production and operational performance, which was combined with favourable commodity prices. IPC achieved an average net daily production during the quarter of 48,800 barrels of oil equivalent per day (boepd). Our financial results during the quarter are in line with the 2024 guidance announced at our Capital Markets Day in February as we continue to excel operationally across our operations in Canada, Malaysia and France. At the same time, we also continued with...

ABN AMRO completes EUR 500 million share buyback programme of 15 February 2024

Written by Customer Service on May 7, 2024. Posted in Public Companies.

ABN AMRO completes EUR 500 million share buyback programme of 15 February 2024 ABN AMRO today announced that it has completed its EUR 500 million share buyback programme which started on 15 February 2024. Under the share buyback programme a total of 32,526,813 ordinary shares and depository receipts were purchased, representing 3.76% of issued shares, at an average price of EUR 15.37. ABN AMRO intends to cancel the repurchased ordinary shares and corresponding depository receipts in due course. NLFI as a majority shareholder has participated pro-rata in the share buyback programme for 40% of the total program as NLFI is currently executing a trading program with the intention to bring down its stake to approximately 40%. Since the last update on the share buyback programme on 2 May 2024 a remaining number of 726,813 shares and depositary...

Rexel announces the acquisition of Talley

Written by Customer Service on May 7, 2024. Posted in Mergers And Acquisitions.

Rexel announces the acquisition of Talley, reinforcing its U.S. data communications offer Rexel has reached an agreement to acquire Talley, a leading distributor of wireless infrastructure products and solutions in the United States, strongly reinforcing its exposure to the fast-growing data usage trends. Talley provides network infrastructure products to mobile network operators, network installers, infrastructure operators and end-users across the US. Established in 1983 by the Talley family and headquartered in Los Angeles, Talley will generate turnover of c. $360m in 2024 and operates with the support of 11 warehouses and 300+ employees. This acquisition complements Rexel’s $700m sales in the datacom and datacenter spaces in North America. It enhances the group’s offer with both connected and electrified solutions to further benefit...

Coloplast A/S – Announcement no. 02/2024 – Interim Financial Report, H1 2023/24

Written by Customer Service on May 7, 2024. Posted in Earnings Releases And Operating Results.

H1 2023/24Interim financial results, H1 2023/241 October 2023 – 31 March 2024 Coloplast delivered a solid Q2 with 8% organic growth and an EBIT margin1) of 27%. Reported revenue in DKK grew 9% with 4%-points contribution from Kerecis (underlying growth of around 35%), partly offset by currencies.Organic growth rates by business area: Ostomy Care 7%, Continence Care 8%, Voice and Respiratory Care 13%, Advanced Wound Care 8% (Advanced Wound Dressings 8%) and Interventional Urology 5%. Continued good momentum in Chronic Care. Ostomy Care growth was driven by broad-based contribution from Emerging markets and Europe, compensating for lower growth in the US which was held back by order phasing and now expected to be H2 weighted. Continence Care growth was driven by intermittent catheters, including good contribution from LujaTM. Voice...

Month: May 2024

Disclaimer & Cookie Notice

Welcome to GOLDEA services for Professionals