Year: 2024

 Satisfactory Q3 profit leading to DKK 100 million upgrade of profit before tax and excluding special costsThe insurance service result for Q3 2024 was a profit of DKK 400 million (Q3 2023: DKK 366 million), corresponding to a combined ratio of 85.7 (Q3 2023: 86.4), driven by sustained favourable developments in Personal Lines, while Commercial Lines were impacted by a higher claims level The guidance for the full-year insurance service result is lifted by DKK 50 million to DKK 1.25-1.35 billion excluding the run-off result for Q4 Insurance revenue grew by 3.9% to DKK 2,796 million (Q3 2023: DKK 2,692 million), driven in particular by strong premium growth of 7.7% in Personal Lines The undiscounted underlying claims ratio fell marginally to 64.6% (Q3 2023: 65.0%), driven by Personal Lines, among other things as a result of the implementation...

Interim report in English has been attached.  In Q3 2024 Inbank earned a consolidated net profit of 3.1 million euros, increasing 7% year-on-year. Profit for the first nine months of 2024 reached 10.8 million euros, marking a 46% increase compared to the previous year. The return on equity (ROE) in Q3 stood at 8.8% and for the first nine months of the year 10.9%.Loan and rental portfolio increased by 14.2% year-on-year, reaching 1.11 billion euros. The deposit portfolio grew by 14% compared to a year ago, totaling 1.16 billion euros. At the end of Q3, Inbank’s total assets stood at 1.43 billion euros. The Gross Merchandise Value (GMV) for the third quarter reached a record 184 million euros, which is 4% higher than the previous quarter and 1% compared to the previous year. Net interest income grew by 25% compared to last year, reflecting...

In the third quarter of this year, the downward trend in the construction market did not experience a significant shift. Forward-looking indicators that characterize both the construction market and the broader macroeconomic environment are contradictory, making it difficult to predict a market upturn in the coming quarters. This uncertainty affects both the public and private sectors’ willingness and confidence to make broad-based investments in buildings and infrastructure.Despite the challenging market conditions, all three key economic indicators of Nordecon AS show a positive trend. In the third quarter, the group continued to see growth in profitability and sales revenue, and the backlog of unfinished work increased as well.The group’s gross profit margin reached 7.1% for the first nine months of 2024 (compared to 3.3% in the...

COMMENTARY FROM MANAGEMENT Merko Ehitus revenue for the 9 months of 2024 was EUR 379 million and net profit was EUR 44.8 million. Third-quarter revenue was EUR 175 million; net profit EUR 27.3 million. Sales of construction services made up about 90% of the 9-month revenue. According to the management of Merko Ehitus, the construction of some projects was accelerated at the request of the clients, which increased current construction volumes, helped reduce costs and increase efficiency.  As a result, Merko ended the 9 months with a stronger result than planned. Group companies reached the home stretch for several large and complex projects, including the largest construction project in Merko’s history, Arter quarter, with close to 80% of its 150-million-euro volume now completed. One of the Arter buildings is finished, interior works on...

Oslo, 7 November 2024 – DNO ASA, the Norwegian oil and gas operator, today reported a 24 percent increase in revenue to USD 170 million in the third quarter of 2024, with operating profit also higher at USD 31 million, up from an operating loss of USD 3 million in the previous quarter. Third quarter net production averaged 77,200 barrels of oil equivalent per day (boepd), to which Kurdistan contributed 63,200 boepd, North Sea 11,200 boepd and West Africa 2,800 boepd. Kurdistan production was up and sold at higher prices in the local market with payments received in advance to the Company’s international bank accounts. North Sea production was down due to maintenance, primarily at Arran and Norne fields. During the quarter, the Company completed the second successful appraisal well on the 2023 Heisenberg discovery. Heisenberg is one of...

Q3 2024 Group Adjusted EBITDA of $2.9 Billionup 6% Year-on-Year and Down 7% Quarter-on-Quarter Paid an Interim Dividend of $0.50 Per Share on 25 October 2024 Continues fit out Capella at Galaxy Macau & Construction of Phase 4 Ramping up Galaxy International Convention Center and Galaxy Arena Well Advanced Deploying Smart Tables Across our Resorts HONG KONG, Nov. 06, 2024 (GLOBE NEWSWIRE) — Galaxy Entertainment Group (“GEG”, “Company” or the “Group”) (HKEx stock code: 27) today reported results for the three-month period ended 30 September 2024. (All amounts are expressed in Hong Kong dollars unless otherwise stated) Dr. Lui Che Woo, Chairman of GEG said: “Today I am pleased to report the third quarter results for the Group in 2024. In Q3 2024 Group Net Revenue increased 11% year-on-year to $10.7 billion and Adjusted EBITDA...