Day: July 25, 2024

Air France-KLM – Financial statements and notes to the financial statements as of June 30, 2024Attachment2024.06 – Air France-KLM – Financial statements and notes to the financial statements as of June 30, 2024

xxSECOND QUARTER 2024July 25, 2024Operating result of €513 million with operating margin at 6.5% impacted by unit cost and higher fuel priceGroup capacity increased by 4.1% compared to last year with load factor at 88% Group revenues at €7.9bn, up 4.3% compared to last year Unit cost at +1.7% compared to 2023 Operating result at €513m, with operating margin at 6.5%, Olympic Games impact €40m Half-Year Recurring adjusted operating free cash flow positive at €134m Cash at hand at €9.6bn and Net debt/EBITDA ratio of 1.6xCommenting on the results, Mr. Benjamin Smith, Group CEO, said: “The second quarter of 2024 confirmed an increasingly challenging environment for aviation, with rising fuel prices and a continued pressure on costs. In this context, KLM and Transavia delivered a stable yet sluggish performance, while Air France...

    With Important Product-Led Transition Year Underway, Stellantis Delivers €5.6 Billion Net Profit, €8.5 Billion AOI(1) and 10% AOI Margin(2) in the First Half of 2024Net revenues of €85.0 billion, down 14% compared to H1 2023, primarily due to the decline in volume and mix Net profit of €5.6 billion, down 48% compared to H1 2023, primarily due to lower volume and mix, headwinds from foreign exchange and restructuring costs Adjusted operating income(1) of €8.5 billion, down €5.7 billion compared to H1 2023, primarily due to decreases in North America AOI margin(2) of 10%, reflecting direct materials, workforce and logistics cost reductions which helped to mitigate the revenue decline Management taking decisive actions to address operational challenges, including North American share and inventory performance Industrial free cash flows(3)...

PARIS, FRANCE, 25 July 2024 – Ipsen (Euronext: IPN; ADR: IPSEY), a global specialty-care biopharmaceutical company, today presents its financial results for the first half of 2024. Business highlightsU.S. regulatory approvals and launches of Onivyde® (irinotecan) in first-line pancreatic cancer and Iqirvo® (elafibranor) in second-line primary biliary cholangitis, respectively In-licensing of tovorafenib​ outside the U.S.: an attractive addition to our Oncology pipeline Multiple early-stage external-innovation transactions across Oncology and NeuroscienceFinancial highlightsTotal-sales growth of 9.5% at CER1, or 8.0% as reported, driven by the performances of Cabometyx® (cabozantinib) and Dysport® (abobotulinumtoxinA), as well as contributions from Bylvay® (odevixibat) and OnivydeCore operating margin of 32.4%, a decline...

PRESS RELEASE Arcadis Second Quarter and Half Year Results 2024Continued growth and improved operating margin as 2024-2026 strategy implementation commenced SECOND QUARTER RESULTSNet revenue of €991 million, solid organic growth of 6.0%1) Strong order intake of €1.1B resulting in organic backlog growth of 5.6% year-on-year Improved operating EBITA margin2) to 11.5% (Q2’23: 9.7%3)) driven by operating leverage and improved project portfolio Free cash flow of €8 million (Q2‘23: €-26M), net working capital % of 12.7% (Q2‘23: 12.2%3))Amsterdam, 25 July 2024 – Arcadis, the world’s leading company delivering data-driven sustainable design, engineering, and consultancy solutions for natural and built assets, sees continued growing client demand across all its business, resulting in net revenue of €991 million, organic growth of 6% and an...

STMicroelectronics Reports 2024 Second Quarter Financial ResultsQ2 net revenues $3.23 billion; gross margin 40.1%; operating margin 11.6%; net income $353 million H1 net revenues $6.70 billion; gross margin 40.9 %; operating margin 13.8%; net income $865 million Business outlook at mid-point: Q3 net revenues of $3.25 billion and gross margin of 38%Geneva, July 25, 2024 – STMicroelectronics N.V. (“ST”) (NYSE: STM), a global semiconductor leader serving customers across the spectrum of electronics applications, reported U.S. GAAP financial results for the second quarter ended June 29, 2024. This press release also contains non-U.S. GAAP measures (see Appendix for additional information). ST reported second quarter net revenues of $3.23 billion, gross margin of 40.1%, operating margin of 11.6%, and net income of $353 million or $0.38...