July 24, 2024 – Page 17 – Goldea Capital

KPN continues to deliver on strategic and financial objectives

Written by Customer Service on July 24, 2024. Posted in Earnings Releases And Operating Results.

Continued Group service revenue growth (+3.7% y-on-y), driven by Consumer and Business segments Consumer service revenue growth (+7.7% y-on-y, or +4.3% corrected for Youfone) Ongoing commercial momentum in Consumer postpaid (+540k, of which 499k related to Youfone acquisition) Positive broadband net adds (+59k, of which 56k related to Youfone acquisition) despite continued challenging competitive environment Business service revenue growth (+3.7% y-on-y, or +4.4% corrected for Youfone and divestments in LCE), mainly driven by SME Adj. EBITDA AL +5.6% y-on-y in Q2 2024, or 4.7% corrected for Youfone; Solid FCF generation in H1 2024, supported by EBITDA Expanded fiber footprint with +134k HP in Q2 2024 (+168k HP incl. Glaspoort) Signed a strategic partnership with ABP to create new TowerCo Obtained 100MHz in 3.5GHz spectrum auction for...

H1 2024 RESULTS

Written by Customer Service on July 24, 2024. Posted in Earnings Releases And Operating Results.

NANTERRE (FRANCE)JULY 24, 2024 H1 2024 RESULTS IMPROVED YEAR-ON-YEAR PERFORMANCE CONFIRMED FY 2024 GUIDANCE, WITH SALES AND OPERATING MARGIN NOW EXPECTED IN THE LOWER END OF THE RANGE CONFIRMED POWER25 DELEVERAGING TARGET IMPROVED PERFORMANCE IN H1 2024 vs. H1 2023 → Organic sales growth of +2.7% o In a market that was broadly flat (-0.2%). o Outperformance of +290bps, 460bps, excl. unfavorable geographic mix impact. → Operating margin of 5.2%, up 20 basis points year-on-year, despite a 30 basis points one-off impact from Interiors North America → Solid net cash flow of €201m, up 16.3% vs. H1 2023 → Active debt management contributed to extend maturity CONFIRMED FY 2024 GUIDANCE WITH SALES AND OPERATING MARGIN NOW EXPECTED IN THE LOWER END OF THE RANGE o Net cash flow ≥ 2023 in value and Net debt/Adjusted EBITDA ≤ 1.9x at year-end...

Sanoma Corporation, Half-Year Report 1 January–30 June 2024: Strong earnings improvement in both Learning and Media

Written by Customer Service on July 24, 2024. Posted in Earnings Releases And Operating Results.

Sanoma Corporation, Stock Exchange Release, 24 July 2024 at 8:30 EET Sanoma Corporation, Half-Year Report 1 January–30 June 2024: Strong earnings improvement in both Learning and Media This release is a summary of Sanoma’s Half-Year Report 1 January–30 June 2024. The complete report is attached to this release and is also available at www.sanoma.com/en/investors. Q2 2024 Net sales amounted to EUR 342 million (2023: 341). Net sales grew in Learning and were relatively stable in Media Finland. The Group’s organic net sales growth was 1% (2023: 0%). Operational EBIT excl. PPA increased to EUR 61 million (2023: 54). Strong earnings growth in Media Finland was also supported by an improvement in Learning. EBIT increased to EUR 43 million (2023: -1). Items affecting comparability (IACs) decreased to EUR -8 million (2023: -43), as Q2 2023 included...

Teck Reports Unaudited Second Quarter Results for 2024

Written by Customer Service on July 24, 2024. Posted in Earnings Releases And Operating Results.

Record quarterly copper production and transformation to pure-play energy transition metals company VANCOUVER, British Columbia, July 24, 2024 (GLOBE NEWSWIRE) — Teck Resources Limited (TSX: TECK.A and TECK.B, NYSE: TECK) (Teck) today announced its unaudited second quarter results for 2024. “We generated $1.7 billion of Adjusted EBITDA1 in the second quarter driven by record copper production with QB ramp-up continuing, as well as strong copper market fundamentals with copper prices reaching all-time highs,” said Jonathan Price, President and CEO. “In early July, we completed the sale of our steelmaking coal business, and we now move forward as a pure-play energy transition metals company with leading copper growth. With cash proceeds of US$7.3 billion we will reduce debt, retain cash to fund our near-term copper...

Corbion reports the progress of its € 20 million share buyback program 22 July

Written by Customer Service on July 24, 2024. Posted in Public Companies.

Corbion hereby reports the transaction details related to its € 20 million share buyback program announced on 26 April 2024. On 22 July 2024 a total of 11,269 shares were repurchased at an average price of € 20.8045 for a total amount of € 234,445.91 To date, the total consideration for shares repurchased amounts to € 19,999,991.46 representing 100% of the overall share buyback program. Corbion publishes on a weekly basis every Monday, an overview of the progress of the share buyback program on its website: https://www.corbion.com/Investor-relations/shareholder-information This overview contains detailed information on the daily amount of repurchased shares and individual share purchase transactions. Attachment Weekly progress on Corbion share buyback program 22 July 2024

+6% organic growth and strong financial performance led by Electrification businesses in H1 2024 – 2024 guidance upgraded

Written by Customer Service on July 24, 2024. Posted in Public Companies.

+6% organic growth and strong financial performance led by Electrification businesses in H1 2024 2024 guidance upgraded _PRESS RELEASE_ H1 2024 standard sales of €3.5 billion (current sales of €4.2 billion), up +6.1% organically and Q2 2024 standard sales of €1.9 billion, up +9.4% organically Acceleration in Electrification businesses, up +14.1% organically in H1 2024, thanks to continued focus on value-added solutions Record adj. EBITDA of €412 million, up +16.4% year-on-year, adj. EBITDA margin at 11.6% up +96bps Robust Normalized FCF at €189 million, reflecting strong operational performance Balance sheet strengthened with two successful bond issuances Completion of the La Triveneta Cavi’s acquisition, enhancing European footprint and product offerings Halden subsea high-voltage plant’s extended capacity now operational,...

Equinor to commence third tranche of the 2024 share buy-back programme

Written by Customer Service on July 24, 2024. Posted in Public Companies.

Equinor (OSE: EQNR, NYSE: EQNR) will on 25 July 2024 commence the third tranche of up to USD 1.6 billion of the share buy-back programme for 2024, as announced in relation with the second quarter results 24 July 2024. In this third tranche of the share buy-back programme for 2024, shares for up to USD 528 million will be purchased in the market, implying a total third tranche of up to USD 1.6 billion including shares to be redeemed from the Norwegian State. The tranche will end no later than 22 October 2024. Equinor announced at the Capital Market Update in February 2024 a two-year share buy-back programme of total USD 10-12 billion for 2024-2025, with up to USD 6 billion for 2024, including shares to be redeemed from the Norwegian State. The share buy-back programme will be subject to market outlook and balance sheet strength and be structured...

Equinor ASA: Key information relating to cash dividend for second quarter 2024

Written by Customer Service on July 24, 2024. Posted in Public Companies.

Key information relating to the cash dividend to be paid by Equinor ASA (OSE: EQNR, NYSE: EQNR) for second quarter 2024. Ordinary cash dividend amount: 0.35 Extraordinary cash dividend amount: 0.35 Announced currency: USD Last day including rights: 15 November 2024 Ex-date Oslo Børs: 18 November 2024 Ex-date New York Stock Exchange: 19 November 2024 Record date: 19 November 2024 Payment date: 29 November 2024 Date of approval: 23 July 2024 Other information: The cash dividend per share in NOK will be communicated 25 November 2024. This information is published in accordance with the requirements of the Continuing Obligations and is subject to the disclosure requirements pursuant to Section 5-12 in the Norwegian Securities Trading Act.

Equinor second quarter 2024 results

Written by Customer Service on July 24, 2024. Posted in Earnings Releases And Operating Results.

Equinor (OSE: EQNR, NYSE: EQNR) delivered adjusted operating income* of USD 7.48 billion and USD 2.15 billion after tax in the second quarter of 2024. Equinor reported net operating income of USD 7.66 billion and net income at USD 1.87 billion. Adjusted net income* was USD 2.42 billion, leading to adjusted earnings per share* of USD 0.84. Financial and operational performance Continued strong operational performance Solid financial results Cash flow impacted by tax payments in Norway and capital distribution Strategic progress New fields on stream on the NCS Continued high grading of oil and gas portfolio Three new CO2 license awards in Norway and Denmark Capital distribution Second quarter ordinary cash dividend of USD 0.35 per share, extraordinary cash dividend of USD 0.35 per share and third tranche of share buy-back of up to USD...

Harju Elekter Group financial results, 1-6/2024

Written by Customer Service on July 24, 2024. Posted in Earnings Releases And Operating Results.

Harju Elekter Group financial results, 1-6/2024 The Group’s results for the second quarter of 2024 were strong, as predicted. After a weak start to the year, we achieved historically high operating profit in the second quarter. The correct direction of the Group is also validated by the 7.8% operating profit margin, which gives us the opportunity to increase profitability to the desired level, promote business in a sustainable manner, and distribute profits to owners in the future. The largest contributors to the financial results were once again the business units in Lithuania and Estonia, and, as could be expected during the high season, profitability was also restored in Finland. We will continue with the targeted strengthening of the team, completion of the delayed projects, and increasing the volume of new orders to improve the results...

Day: July 24, 2024

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