Month: July 2024

Main resultsSale of goods amounted to ISK 36,037 million, compared to ISK 34,199 million in the previous year, an increase of 5.4% between years. Gross profit from sales of goods and services amounted to ISK 8,593 million, an increase of 837 million or 10.8% between years. Margin from sale of goods and services were ISK 23.8% and increased by 1.1 p.p. from Q2 2023 and increased by 2.0 p.p. from Q1 2024. Salaries and other personnel expenses increase by 6.6% and full-time equivalents by 4.5%. EBITDA amounted to ISK 2,915 million compared to ISK 2,562 million in Q2 2023, increase of 13.8% between years. Profit for the quarter amounted to ISK 953 million, or 11.1% of margin from sales an increase of 29.1% YoY. Net cash from operating activities was ISK 3,063 million or 35.6% of margin from sales, compared to ISK 2,859 million last year. Equity...

PRESS RELEASE – JULY 31, 2024          2024 Half-Year Results: Fully diluted1 Net Asset Value of €175.2 up 7.9%2 year-to-date Strong portfolio rotation and investment activity Consolidation of IK Partners and ongoing deployment of the dual model strategy Fully diluted Net Asset Value3 as of June 30, 2024: €175.2 per shareFully diluted NAV per share up +10.4%4 since the start of the year, restated for the €4 dividend paid in May 2024mostly reflecting the increase in Bureau Veritas valuation the very slight decrease in valuation of non-listed assets at constant scope, reflecting their respective operational performances and multiples evolution IK Partners Fee Paying AuM up +16% year-to-dateStrong investment & capital allocation activityPrincipal investment:€2.3 billion disposals & value crystallization €0.7 billion...

AYER, Mass., July 31, 2024 (GLOBE NEWSWIRE) — AMSC® (NASDAQ: AMSC), a leading system provider of megawatt-scale power resiliency solutions that orchestrate the rhythm and harmony of power on the grid™ and protect and expand the capability of our Navy’s fleet, announced today that it plans to release its first quarter fiscal year 2024 financial results after the market close on Tuesday, August 6, 2024. In conjunction with this announcement, AMSC management will participate in a conference call with investors and covering analysts beginning at 10:00 a.m. Eastern Time on Wednesday, August 7, 2024. On this call, management will discuss the Company’s recent accomplishments, financial results, and business outlook. Those who wish to listen to the live or archived conference call webcast should visit the “Investors” section of...

Results for the six-month period ended June 30, 2024 Press release Wednesday, July 31, 2024Results for the six-month period ended June 30, 2024 1st half 2024 Change H1 2024 / H1 2023NET REVENUE UP DESPITE STRONG PRESSURE ON THE MARGIN €6.178bn +3.9%of which retail banking   of which specialized business lines €4.159bn   €1.491bn -0.9%   +8.2%INCREASE IN GENERAL OPERATING EXPENSES REFLECTING STRATEGIC INVESTMENTS -€3.208bn +3.6%INCREASE IN COST OF RISKLINKED TO THE ECONOMIC ENVIRONMENT -€799m +32.4%NET INCOME UP AND KEPT AT A HIGH LEVEL €1.714bn +2.1%GROWTH IN FINANCINGHome loans €120.4bn +2.8% Equipment loans and leasing €115.2bn +4.2% Consumer credit €46.1bn +2.9%A SOLID FINANCIAL STRUCTURECET1 ratio 1 18.5% Shareholders’ equity €43.7bn  1 Ratio estimated at June 30, 2024 for Crédit Mutuel...

July 31, 2024 Press releaseResults for the period ended June 30, 2024        CIC reports solid first-half 2024 results in a period of economic, political and geopolitical uncertainty CIC posted solid results at June 30, 2024, with net revenue of almost €3.3 billion, close to the level achieved in the first half of 2023, despite the unfavorable economic climate in the first half of the year. Net income came to €844 million, down -16.9%, and shareholders’ equity to €20.2 billion. Negatively affected by the squeeze on interest margins and an uncertain environment, retail banking net revenues fell by -3.8%. The specialized business lines were virtually stable (-0.8%), driven by growth in corporate banking (+13%), capital markets (+1.9%) and private equity (+1.3%). At €267 million, the cost of proven and non-proven risk was up sharply...