Pick a time period -
No more available filters You need to apply a filter before selecting newsroom

Use our filters to get your customized news. Save and subscribe to as many filters as you want, get the news that YOU are interested in right in your mailbox, RSS feed or in your personalized dashboard. Share your stories, news, multimedia and pressreleases and get a wider audience with news.cision.com.

Scandic’s interim report for the first quarter 2024 – Stable start to the year and good booking situation for the second quarter

First quarter in summary, January 1 – March 31, 2024. · Net sales declined by 2.4 percent to 4,419 million SEK (4,526). The 2024 Easter holiday occurred in March, which is why the quarter is not fully comparable with the first quarter 2023. Calendar effects are estimated to have impacted net sales negatively by 4 to 5% due to the early Easter. · Average occupancy rate was 51.9 percent (53.5). · Average revenue per available room (RevPAR) was 619 SEK (626). · Operating profit totaled 126 million SEK (199). · Adjusted EBITDA was 33 million SEK (170). · Excluding IFRS 16,

Bonava’s interim report for the first quarter 2024: Improved sales to consumers and net debt halved

First quarter, January – March 2024*:   · Net sales amounted to SEK 1,280 M (1,929) · Gross margin amounted to 10.4 per cent (8.8) · Operating profit amounted to SEK -22 M (-28) and operating margin was -1.7 per cent (-1.4) · Cash flow before financing activities amounted to SEK -483 M (-963) · Earnings per share, before and after dilution, was SEK -0.87 (-0.85) · The number of housing units sold to consumers was 302 (203) · The number of housing units sold to investors was 0 (75) · The number of production starts was 281 (334)   *Recognised revenue and

Skanska signs contract regarding manufacturing facility in the Northeast USA for USD 94M, about SEK 970M

Skanska has signed a construction contract with a consumer goods manufacturer regarding a manufacturing facility in the Northeast region of the USA. The contract is worth USD 94M, about SEK 970M, which will be included in the US order bookings for the second quarter of 2024.Work will include renovation and addition to an existing manufacturing facility. Work will begin in the second quarter of 2024 and is anticipated to be completed in 2025.

Evolution: Interim report January-March 2024

First quarter of 2024 (Q1 2023) · Operating revenues increased by 16.7% to EUR 501.5 million (429.6) · EBITDA increased by 15.2% to EUR 345.8 million (300.2), corresponding to a margin of 69.0% (69.9) · Profit for the period amounted to EUR 269.2 million (251.2) · Earnings per share before dilution amounted to EUR 1.27 (1.18) Comments from CEO Martin Carlesund: For the first quarter of 2024, Evolution continued to render strong results. Revenue amounted to EUR 501.5 million (429.6) corresponding to year-on-year revenue growth of 16.7 percent with an EBITDA margin of 69.0

Kindred Group plc – Interim report: January – March 2024 (unaudited)

Solid start to a transformational year Kindred Group plc – Interim report: January – March 2024 (unaudited)First quarter 2024 · Total revenue was GBP 307.7 (306.4) million, in line with the first quarter of 2023. · Gross winnings revenue (B2C) was GBP 297.6 (297.3) million. · Underlying EBITDA increased by 20 per cent to GBP 59.3 (49.4) million. · Profit before tax was GBP 39.8 (30.4) million. · Profit after tax was GBP 31.4 (25.6) million. · Earnings per share were GBP 0.15 (0.12). · Free cash flow amounted to GBP 23.7 (29.0) million. · Number of active

Electrolux Professional AB interim report Q1 2024

First quarter, January-March 2024· Net sales amounted to SEK 3,055m (2,968), an increase of 2.9%. Organically, sales decreased by 4.3%. TOSEI contributed by 8.1%. Currency translation had a negative effect of 0.9%. · EBITA amounted to SEK 326m (340), corresponding to a margin of 10.7% (11.4). EBITA includes integration related costs for TOSEI of SEK 38m. Excluding integration related costs, the underlying EBITA would have been SEK 364m, and the EBITA margin 11.9%. · Operating income amounted to SEK 271m (301), corresponding to a margin of 8.9% (10.1). · Income for the period

STOREBRAND ASA - Initiating NOK 1.1 billion Share Buyback Program today

Storebrand ASA will initiate a share buyback program today, 24 April 2024, with a tranche amounting to a maximum of NOK 1.1 billion ("the program"). This is equivalent to approx. 2.4 percent of the share capital in Storebrand ASA given the last closing price of NOK 97.85. The program will end no later than 20 December 2024. The program is in accordance with the authorisation granted to the Board by the Annual General Meeting of Storebrand ASA ("the AGM") on 4. April 2024. Based on renewed permission from the general meeting, Storebrand applied to the Norwegian Financial Supervisory

STOREBRAND ASA: Results for the 1st Quarter 2024

· Group profit [1] of NOK 1,082 million, strong growth in all business areas · Continued share buyback program – in total NOK 1.5 billion for 2024 · Solid balance sheet – Solvency II ratio 191% · Still high insurance claims, but positive effect from implemented measures "We deliver strongly across the board – with double-digit growth in pensions, asset management, banking and insurance. I am pleased that more customers choose Storebrand. Growth is also important to reach the ambition of a group profit of NOK 5 billion in 2025," says CEO Odd Arild Grefstad. "Despite some harsh

Interim Report, January–March 2024 Coor Service Management Holding AB

Interim Report, January–March 2024, Coor Service Management Holding ABFirst quarter of 2024 · Net sales in the first quarter amounted to SEK 3,124 (2,978) million. Organic growth was 2 per cent and growth from acquisitions 3 per cent, while exchange rate effects accounted for 0 per cent. · Adjusted EBITA amounted to SEK 160 (152) million and the operating margin was 5.1 (5.1) per cent. · EBIT was SEK 125 (106) million. Profit after tax was SEK 62 (55) million. · Earnings per share were SEK 0.7 (0.6). · Cash conversion for the most recent 12-month period amounted to 90 (95)

Interim Report of KONE Corporation for January–March 2024

KONE Corporation, stock exchange release, April 24, 2024 at 8.30 a.m. EEST Interim Report of KONE Corporation for January–March 2024 Good start to the year with sales growth and improved profitability January–March 2024 · Orders received declined by 1.2% to EUR 2,235.7 (1–3/2023: 2,263.1) million. At comparable exchange rates, orders grew by 1.6%. · Sales grew by 0.5% to EUR 2,568.2 (2,556.6) million. At comparable exchange rates, sales grew by 2.7%. · Operating income (EBIT) was EUR 262.4 (238.3) million or 10.2% (9.3%) of sales. Adjusted EBIT was EUR 262.4 (241.9)

Interim report Q1 2024: High-strength steels resilient in a weak market

The first quarter · Revenue was SEK 27,148 (31,904) million · Operating result was SEK 3,157 (4,733) million · Earnings per share were SEK 2.57 (3.59) · Net cash was SEK 18.2 (15.6) billion · Investment decision of EUR 4.5 billion for fossil-free steel mill in LuleåComments by the CEO SSAB’s operating result for the first quarter of 2024 amounted to SEK 3,157 (4,733) million. The decrease compared to a year earlier was primarily due to US plate prices that reversed from a high level. The market in Europe continued to be relatively weak, whereas the market for high-

MTG reports strong Q1 with revenues up 11%, adjusted EBITDA up 51% and an operating margin of 27%

Our Q1 revenues grew by 11%, including a 1% uplift from currencies, to SEK 1,447 million, driven by PlaySimple’s established portfolio which now includes Word Search, the newly consolidated Snowprint and InnoGames’ successful live-ops. We reported a strong adjusted EBITDA of SEK 396 million and a margin of 27%. The performance was driven by the scale gained by PlaySimple in 2023, the lower cost base and growing browser revenues in InnoGames along with lower UA spending. Today, we also initiated our latest share repurchase program which will run until our 2024 AGM.Financial highlights Q1

New Sweco report: Europe’s green transition towards a resilient industry sector

Sweco’s latest expert report  outlines the progress of European industries in their efforts to become more resilient and move toward net zero. The steel industry is at the forefront, followed by the cement industry. The chemical and transport industries are also in the process of transforming toward net zero. As significant investments are made and new technologies such as hydrogen, CCS, and electrofuels are

Read original

Intrum AB – Interim results January-March 2024

· First quarter seasonally slow - in line with expectations and continued high commercial activity · Adjusted Income and adjusted EBIT both up 8 percent vs. Q1 ’23, driven by M&A in Servicing, specifically in Middle and Southern Europe · Leverage ratio flat at 4.4x, including 0.1x unfavourable FX movement · Progressed on several strategic initiatives including: (i) Ophelos operational in the Netherlands, (ii) realised savings of SEK ~500 M in Q1 ’24 (out of the SEK 800 M implemented in 2023), and implementing measures to save an additional SEK ~700 M in 2024 and 2025 and (iii) debt

MTG launches new SEK 100 million share repurchase program

Modern Times Group MTG AB (“MTG”) today announced that its Board of Directors has decided to launch a new share repurchase program of up to SEK 100 million. The program will run from 24 April 2024 up until and including 15 May 2024. The Board of Directors’ view is that the share repurchase program will provide a flexible and sustainable increase in the value created for MTG’s shareholders.MTG continues to have a strong balance sheet, and MTG’s Board of Directors has decided to launch a new share repurchase program of up to SEK 100 million to run up to and including 15 May 2024, being the

Lytix Biopharma AS - Last day of the Application Period

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES, THE UNITED KINGDOM, AUSTRALIA, CANADA, HONG KONG, JAPAN OR ANY OTHER JURISDICTION IN WHICH THE RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL. THIS ANNOUNCEMENT DOES NOT CONSTITUTE AN OFFER OF ANY OF THE SECURITIES DESCRIBED HEREIN.Oslo, Norway, 24 April 2024: Reference is made to the stock exchange announcements published by Lytix Biopharma AS ("Lytix" or the "Company") on 9 April 2024 and 10 April 2024, regarding the launch of a partially guaranteed share

Interim report January–March 2024

Improved sequential performance in the wake of positive market sentimentKey highlights •    Adjusted EBITDA sequentially up more than 50%  •    Strengthened order books in both regions and improved capacity utilization in North America •    Sequentially 6% higher sales volumes (approx.+50 ktons)  •    Positive pricing and favorable mix changes compared to the fourth quarter •     Divestment of idled mill assets in the US  Quarterly data •    Net sales decreased by 9% to SEK 10,423 million (11,495) •    Adjusted EBITDA* SEK 1,166 million (1,484) •    Adjusted

INTERIM REPORT JANUARY – MARCH 2024

Well positioned for the gardening seasonFirst quarter 2024 · Net sales decreased by 14% to SEK 14,719m (17,167). Changes in exchange rates had a neutral effect.  · Planned exits of low-margin petrol-powered business impacted with -4%. Organic sales* decreased by 11%. · The Gardena Division achieved an organic growth of 2%. · Operating income was SEK 1,930m (2,364) and the operating margin was 13.1% (13.8).  · Earnings per share before dilution amounted to SEK 2.31 (2.90) and earnings per share after dilution amounted to SEK 2.31 (2.88). · Cash flow from operations and

Volvo Cars reports 8 per cent increase in Q1 2024 core operating profit to SEK 6.8 billion

·Q1 revenue was SEK 93.9 bn (SEK 95.7 bn in Q1 2023)  ·Q1 operating income (excl. JVs and associates) was SEK 6.8 bn (SEK 6.3 bn in Q1 2023)  ·Q1 EBIT margin (excl. JVs and associates) was 7.2 per cent (6.6 per cent in Q1 2023)  ·Q1 Basic earnings per share was SEK 1.12 (SEK 1.21 in Q1 2023)  ·Q1 fully electric car sales share at 21 per cent (18 per cent in Q1 2023)  Volvo Cars today reports an operating profit (EBIT) excluding joint ventures and associates of SEK 6.8 billion for the first quarter of 2024, an increase of 8 per cent versus the same period in

Ovako invests 15 million euros in Imatra Steel Mill

With the investment, Ovako modernizes the heavy bar mill of the Imatra site. This marks the largest investment in the Imatra mill in 30 years. As a result, the mill's production capacity will increase by 16,000 tons per year.The investment is an upgrade of the first and second rolling stand of the heavy bar mill and includes new transformers, motor drives, motors, and mechanical power lines.   The investment is significant not only for Ovako but also for Imatra and the entire South Karelia economic area, as it also will support employment for local and regional contractors.  "This

Read original

SEB’s results for the first quarter 2024

SEB’s operating profit for the first quarter 2024 amounted to SEK 12.3bn, with a return on equity of 17.2 per cent, a CET1 capital ratio of 18.9 per cent, and a capital management buffer of 420 basis points.  “We report a solid result, with robust asset quality and low net expected credit losses. The strengthening macroeconomic picture in Sweden was partly reflected in an improved market sentiment. At the same time, the high interest rate environment continued to have a dampening effect on credit demand,” says SEB’s President and CEO Johan Torgeby. Incomestatement

Finnish start-up Woodio, known for its ecological bathroom furniture, is investing in a new factory in Lahti, Finland – The investment is worth 7 million euros

Woodio's innovation, a 100% waterproof wood composite, is designed as an ecological alternative to ceramics and other high carbon footprint materials in bathroom and interior decoration. Last summer, Woodio raised over 16 million euros in growth capital to scale up its operations and expand internationally. With the new factory in Lahti, Finland, which will be completed in the spring of 2025 at a cost of approximately 7 million euros, production will be significantly streamlined to meet growing demand.Founded in Helsinki in 2015 and introducing its first products to the market in 2019,

Marion Ulander appointed Acting Country General Manager for Handelsbanken Norway

Marion Ulander has been appointed Acting Country General Manager for Handelsbanken Norway, succeeding Arild Andersen, who will now transition to a role as senior advisor to President and Chief Executive Officer, Michael Green. The recruitment process for a new permanent Country General Manager has already been initiated. Marion Ulander moves from her most recent position as Deputy Head of Handelsbanken Stockholm County. She will officially start in her new role on 1 May. “After conducting a thorough review of our Norwegian operations, we have decided on a strategic refocus. Now that we

Handelsbanken’s Interim Report January – March 2024

Q1 2024(Q4 2023) · Operating profit was SEK 8,267m (9,057). · Return on equity was 13.7% (15.2). · Earnings per share amounted to SEK 3.33 (3.66). · The C/I ratio was 42.2% (38.4). · The credit loss ratio was -0.01% (0.00). · The common equity tier 1 ratio was 18.8% (18.8). January – march 2024 (January – march 2023) · Operating profit was SEK 8,267m (8,516). · Return on equity was 13.7% (15.0). · Earnings per share amounted to SEK 3.33 (3.44). · The C/I ratio was 42.2% (38.5). · The credit loss ratio was -0.01% (0.01). · The common equity

There are no items matching the current filter
There are no more items matching the current filter
Back to top