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Day: March 5, 2025

Dassault Aviation: 2024 Annual Results Financial Release

DASSAULT AVIATION RESULTSCONSOLIDATED DATA  2024 2023Order intake EUR 10,869 million 30 Export Rafale 26 Falcon EUR 8,253 million 60 Rafale of which 42 France and 18 Export 23 FalconAdjusted Net Sales(*) EUR 6,230 million 21 Rafale of which 14 France and 7 Export 31 Falcon EUR 4,801 million 13 Rafale of which 11 France and 2 Export 26 FalconBacklog as of December 31 EUR 43,224 million 220 Rafale of which 164 Export and 56 France 79 Falcon EUR 38,508 million 211 Rafale of which 141 Export and 70 France 84 FalconAdjusted operating income(*) Adjusted operating margin EUR 519 million 8.3% of net sales EUR 349 million 7.3% of net salesSelf-funded Research and Development EUR 437 million 7.0% of net sales EUR 483 million 10.1% of net salesAdjusted net income(*) Adjusted net margin Earnings per share EUR 1,056 million 17.0%...

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ASML publishes agenda Annual General Meeting 2025

ASML publishes agenda Annual General Meeting 2025Nomination Karien van Gennip as new member of the Supervisory Board   VELDHOVEN, the Netherlands, March 5, 2025 – Today, ASML Holding NV (ASML) has published the agenda for the 2025 Annual General Meeting (AGM) which will be held in ASML’s TWINSCAN Auditorium in Veldhoven on Wednesday, on April 23, 2025, starting at 10:00 CET. The AGM will be organized in a hybrid format. Shareholders may attend the AGM in person or virtually. The agenda with the explanatory notes and other meeting documents are available on ASML’s website asml.com/agm2025. Changes to Supervisory BoardASML furthermore announces that Annet Aris will not stand for re-election as a member of the Supervisory Board at the end of her current term, which ends per the 2025 AGM. The Supervisory Board expresses its thanks to Annet...

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Atos reports full year 2024 results

Press release Atos reports full year 2024 results Recovery of the commercial activity in Q4 2024Q4 order entry at €2.7 billion Q4 book to bill at 117%, +9 points vs Q4 2023, benefitting from the signature of large multi-year contract renewals and wins FY 2024 book to bill at 82% vs 94% in prior yearFY 2024 revenue: €9,577 million, down -5.4% organically, impacted by previously-established contract terminations or scope reductions and by market softness in key geographiesEviden: down -6.7% organically Tech Foundations down -4.1% organicallyOperating margin of 2.1% at €199m, with Eviden at 2.0% and Tech Foundations at 2.2%Down -210 bps organically compared with FY 2023, mainly due to the allocation to the business of SG&A costs previously allocated to Other Operating Income & Expenses, as part of the separation project...

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VAALCO Energy, Inc. Enters Into New $300 Million Revolving Credit Facility

HOUSTON, March 05, 2025 (GLOBE NEWSWIRE) — VAALCO Energy, Inc. (NYSE: EGY; LSE: EGY) (“Vaalco” or the “Company”) announced that it has entered into a new revolving credit facility (“the new facility”) with an initial commitment of $190 million and the ability to grow to $300 million, led by The Standard Bank of South Africa Limited, Isle of Man Branch with other participating banks and financial partners. This new facility, which is subject to customary administrative conditional precedents, replaces the Company’s existing undrawn revolving credit facility that was provided by Glencore Energy UK Ltd. The Company arranged the new facility primarily to provide short-term funding that may be needed from time-to-time to supplement its internally generated cash flow and cash balance as it executes its planned investment programs across...

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Svitzer reports revenue growth of 9% and adjusted EBITDA margin of 29.9% in 2024

Today, Svitzer Group A/S (Svitzer) has published its annual report for 2024, showing continued solid financial performance. Full-year 2024 highlights (full-year 2023 in brackets):Revenue of DKK 6,320m (DKK 5,786m), corresponding to 8.9% growth in constant exchange rates, with growth across all four operating segments Adjusted EBITDA of DKK 1,887m (DKK 1,694m), driven by the revenue growth, leading to a margin of 29.9% Gross CAPEX of DKK 981m (DKK 1,465m), mainly driven by lower spend on growth projects, which was at a high level in 2023.For 2025, Svitzer expects revenue measured in constant exchange rates to grow by around 1-5% compared to 2024. EBITDA measured in constant exchange rates is expected to grow by around 0-7% compared to adjusted EBITDA in 2024, and CAPEX is expected to be around DKK 1.1-1.3bn. Svitzer CEO, Kasper Friis...

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Bavarian Nordic Publishes Annual Report 2024

Audited results confirm full-year revenue of DKK 5,716 million and EBITDA of DKK 1,603 million. Two new early-stage pipeline programs, Lyme disease and Epstein-Barr Virus (EBV), introduced.COPENHAGEN, Denmark, March 5, 2025 – Bavarian Nordic A/S (OMX: BAVA) today published its Annual Report for 2024. The consolidated, audited results were in line with the preliminary results announced on February 3, 2025. The full report is attached as a PDF file and can be found on the Company’s website, www.bavarian-nordic.com. “We delivered strong results in 2024 after an extraordinary performance in our Travel Health business, demonstrating 22% growth year-over-year, combined with additional mpox vaccine orders, as we made significant strides in strengthening the public health response in Africa and other regions during the current outbreak,”...

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Fourth quarter 2024 results: EUR 233 million net income in Q4 2024 Proposed regular dividend of EUR 1.8 per share

Press release05 March 2025 – N° 03Fourth quarter 2024 results EUR 233 million net income in Q4 2024 Proposed regular dividend of EUR 1.8 per shareGroup net income of EUR 233 million in Q4 2024 driven by all business activities (EUR 235 million adjusted1)P&C combined ratio of 83.1% in Q4 2024 including a low Nat Cat ratio and allowing for ongoing reserving discipline L&H insurance service result2 of EUR 119 million in Q4 2024 Investments regular income yield of 3.6% in Q4 2024Economic Value per share of EUR 48 (vs. EUR 51 as of 31 December 2023) IFRS 17 Group Economic Value3 of EUR 8.6 billion as of 31 December 2024, down -6.3% at constant economics3,4. Adjusted for one-offs5, Economic Value growth of +9.8% at constant economics3,4 Estimated Group solvency ratio of 210%6 as of 31 December 2024, in the upper...

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Sandoz reports strong FY 2024 results and Q4 2024 sales

Ad hoc announcement pursuant to art. 53 SIX Swiss Exchange Listing Rules MEDIA RELEASEFY 2024 net sales[1] of USD 10.4 billion, up by 9%[2] in constant currencies (+7% in USD); Q4 net sales of USD 2.7 billion, up by 9% in constant currencies (+7% in USD) Strong sales performances in all three regions, driven by double-digit growth in biosimilars, both in the fourth quarter and full year, benefitting from recent launches and base-business momentum Operating income of USD 307 million, up by 5% in constant currencies (-18% in USD) Core EBITDA margin[3] in the year of 20.1%, a strong 200 basis-points improvement, reflecting higher biosimilar sales, as well as savings from operational and organizational initiatives Full-year 2025 guidance of mid-single digit net-sales growth[4] and a core EBITDA margin of around 21%Basel, March 5, 2025...

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Verizon adds new partners Singtel, Skylo to worldwide IoT platform

What you need to know:Singtel joins Bell Canada and Telenor IoT as Mobile Network Operator (MNO) partners providing international IoT connectivity through Verizon’s Global IoT Orchestration offering, which is now commercially available. Skylo is powering satellite-IoT connectivity and services for network assurance in areas where terrestrial connectivity is challenged. Verizon Business IoT customers can now access wireless services in up to 200 territories around the world, conveniently managed through Verizon Business’ ThingSpace IoT management platform.NEW YORK, March 05, 2025 (GLOBE NEWSWIRE) — Verizon Business has added IoT connectivity services from two new partners — Singapore-based operator Singtel and satellite service provider Skylo — to its suite of global IoT offerings. Verizon Business IoT customers...

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Kaspi.kz receives investment grade rating from Moody’s

ALMATY, Kazakhstan, March 05, 2025 (GLOBE NEWSWIRE) — Kaspi.kz has received its second international credit rating. Moody’s rates Kaspi.kz investment grade Baa3 with a stable outlook. The rating follows Fitch’s investment BBB- credit rating and stable outlook, received in the second half of 2024. These rating are separate from Kaspi Bank, a component of Kaspi.kz’s Fintech Platform, which has been tracked by international rating agencies for many years. According to Moody’s, the rating reflects Kaspi.kz’s diverse business profile, leading nationwide franchise and sound financials including profitability, capitalisation and liquidity. Among the key ratings drivers are:Diverse business model: Kaspi.kz’s Super App business model is unique in its ability to successfully combine leading & diverse franchises across payments, commerce...

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