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Day: November 6, 2024

Bpce: RESULTS FOR THE 3RD QUARTER AND FIRST 9 MONTHS OF 2024

Paris, November 6th, 2024 RESULTS FOR THE 3RD QUARTER AND FIRST 9 MONTHS OF 2024 • Rebound in Financial Performances • • Dynamic Implementation of Vision 2030 Strategic Plan • Q3-24: strong growth in net banking income, +8% vs. Q3-23, to €5.9bn; gross operating income up +13% thanks to a positive jaws effect; reported net income up 1% to €925m 9M-24: revenues increased by 3% YoY to €17.3bn, driven by all business lines; 12% growth in gross operating income; reported net income2 reached €2.6bn, up 8% vs. 9M-23 Solvency and liquidity levels meeting the highest standards, increasing CET1 ratio to 15.7%3 after booking the coming impacts of SGEF and Nagelmackers acquisitions ; LCR stood at 154%4 end-September 2024 RETAIL BANKING & INSURANCE Net banking income up 4% in Q3-24, notably driven by the rebound in net interest margin; revenues...

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Interim Report Q3 2024: Further margin expansion and strong cash flow despite mixed growth across divisions

HighlightsThe Hearing division continued to gain significant market share leading to 10% organic revenue growth, while the divisional profit margin increased by 5.9 percentage points to 34.8% The Enterprise division was negatively impacted by sell-in pressure due to economic growth challenges in parts of Central Europe, while North America and Rest of World continued its stabilization. Overall, organic revenue growth ended at -7%, while sell-out growth was -3%. Despite the topline development, the company-wide synergies led to a divisional profit margin of 33.8% The Gaming & Consumer division executed strongly on the wind-down of the Elite & Talk product lines, while SteelSeries was impacted by a slightly declining market, and some quarterly fluctuations including delays in certain order deliveries. The divisional profit margin...

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Neurones: Organic growth up 10.5% in 3rd quarter 2024

PRESS INFORMATIONHeading: 3rd quarter 2024 revenues        Nanterre, November 6, 2024 (after trading) Organic growth up 10.5% in 3rd quarter 2024(not audited, in millions of euros) 2023 2024 growth of which organic3rd quarter revenues 177 196.7 + 11.1% + 10.5%Total as at the end-September 545.7 599.1 + 9.8% + 8.9%Achievements NEURONES posted double-digit organic growth in the 3rd quarter. The most notable advances continue to be in Data, Digital Projects, Cybersecurity, Sovereign and Secure Cloud (SecNumCloud). Total turnover is down 3 points (14.3% vs. 17.3% a year ago). Over the entire nine-month period, operating profit * amounted to 9.6% of revenues. Outlook For 2024, NEURONES confirms its forecasts made at the beginning of the year (around €800 million in revenues and 9.5% in operating profit). * not audited and after...

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Dékuple and GUD.berlin announce their partnership, a new step to build a European Champion and creative expertise in Germany and the DACH region

Dékuple and GUD.berlin announce their partnership, a new step to build a European Champion and creative expertise in Germany and the DACH region Paris, 2024/11/06. The renowned German campaign agency GUD.berlin joins the Dékuple Group,  leader in data marketing and communication. The strategic partnership is part of an external growth strategy under a multi-entrepreneur model to strengthen the Dékuple Group’s presence in Europe and expand its expertise portfolio in the field of campaigns and engagement marketing. The aim of Dékuple is to better serve Dékuple’s key accounts and medium-sized companies across Europe. GUD.berlin – top 22 in the current creative ranking of all agencies in Germany 2024 – was founded in 2009. The managing partners are Annelie Deutscher, Christian Artopé and Jens Grüner. The agency and its employees...

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Fresche Solutions Acquires Redbourn Business Systems to Expand IBM i Synon/CA 2E Services in the UK and Europe

SAN FRANCISCO, Nov. 06, 2024 (GLOBE NEWSWIRE) — Fresche Solutions, a global leader in IBM i modernization and transformation, acquires Redbourn Business Systems, a UK-based provider of specialized IBM i Synon/CA 2E development and consulting services. This strategic move reinforces Fresche’s commitment to customers, partners, and organizations invested in IBM mid-range solutions and expands its footprint to further support clients in the UK and Europe who require specialized Synon/CA 2E expertise. This acquisition continues to enhance Fresche’s portfolio and increase its capacity to meet the demand for Synon/CA 2E comprehensive services. Redbourn’s renowned reputation in Synon/CA 2E consulting in the UK complements Fresche’s commitment to helping IBM i customers manage, modernize, and maximize their IBM i investment. “We...

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Genmab Announces Financial Results for the First Nine Months of 2024

November 6, 2024 Copenhagen, Denmark; Interim Report for the First Nine Months Ended September 30, 2024 HighlightsEuropean Commission (EC) granted conditional marketing authorization for TEPKINLY® (epcoritamab) as a monotherapy for the treatment of adult patients with relapsed or refractory follicular lymphoma (FL) after two or more lines of systemic therapy Genmab announced that it will assume sole responsibility for the continued development and potential commercialization of acasunlimab Genmab revenue increased 29% compared to the first nine months of 2023, to DKK 15,085 million Genmab 2024 financial guidance updated“The third quarter of 2024 presented Genmab with additional opportunities to progress towards our goal of fundamentally transforming the lives of people with cancer and other serious diseases. The additional approval...

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Heimar hf: Interim Financial Statement for the first nine months of 2024

Heimar reports a profit of ISK 5.6 billion in the first nine months of the year – EBITDA rises by 7.5%  Key Highlights of the Nine-Month Results Operating revenue was ISK 10.9 billion in the first nine months, with rental income increasing by 7.8% year-over-year, slightly exceeding inflation by approximately 1.1%. EBITDA reached ISK 7.4 billion, marking a 7.5% increase compared to the same period in 2023. Profit totaled ISK 5.6 billion, up from ISK 5.1 billion in the previous year. Investment properties were valued at ISK 192.9 billion. Changes in investment property valuations amounted to ISK 7.6 billion for the first nine months. Cash from operations was ISK 4.4 billion, with cash on hand at ISK 4.1 billion at the period’s end. Interest-bearing debt stood at ISK 120.4 billion at the end of the period. ...

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Kvika banki hf.: Financial Results for Q3 2024

At a board meeting on 6 November 2024, the Board of Directors and the CEO approved the interim financial statements of Kvika banki hf. (“Kvika” or “the bank”) for the third quarter and first nine months of 2024. In Kvika’s financial statements for the period the insurance subsidiary TM tryggingar hf. (“TM”) is classified as held for sale. As a result, and in accordance with international financial reporting standards, the Group reports income from operations of TM in a single line in the consolidated income statement as profit after tax from discontinued operations. The comparative figures of operations from 2023 have been restated accordingly. Highlights of performance in the third quarter (Q3 2024)Profit before tax from continuing operations amounts to ISK 1,813 million, compared to ISK 234 million in Q3 2023, increasing by ISK 1,579...

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PTX Metals Provides Corporate and Project Update on Its 100% Owned W2 Copper, Nickel and PGE Project

HIGHLIGHTS:Ryan Weston, P. Geo, to join PTX as head of the W2 Cu-Ni-PGE and Gold Project. Ryan brings a wealth of technical skills with over a decade of experience working in the region. Dr. James (Jim) Mungall, P.Geo., a recognized world expert in the study of magmatic Ni-Cu-PGE deposits, will be joining the W2 Project Technical Committee. Wes Roberts, M.Sc., P.Eng., MBA, a professional mining engineer with over 40 years’ experience in the economic evaluation and development of mineral deposits will be joining South Timmins, Joint Venture Technical Committee and assist PTX with general technical matters. PTX has initiated mineralogy and preliminary metallurgy test work on representative samples of magmatic Cu-Ni-PGE mineralization from the W2 Project. PTX has published and filed on September 4, 2024 the W2 NI 43-101 Technical Report....

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