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.

Christoph Michalski appointed new CEO of BillerudKorsnäs

The Board of Directors has appointed Christoph Michalski as new President and CEO of the company. He succeeds Lennart Holm, who has been acting President and CEO since November 2019. Christoph Michalski will assume his new position November 1 2020.Christoph Michalski is since 2015 the CEO and Executive Director of Vinda International Holding Ltd, a leading Asian producer of high quality and innovative tissue- and hygiene products publicly listed on the Hongkong stock exchange. Before that, he has held various senior executive positions within the SCA group and he also has experience from

SpareBank 1 SR-Bank ASA (SRBANK): Increased loan impairments impact on results for second quarter 2020

In advance of the presentation of the result for the second quarter of 2020, SpareBank 1 SR-Bank ASA wants to notify stakeholders of a certain accounting matter. The group’s net impairments on loans and financial liabilities are expected to be around NOK 830 million for the second quarter of 2020. The higher impairments are a result of ongoing demanding market conditions for offshore related activities, where also larger impairments have been required for some commitments. Return on equity after tax for the second quarter is then expected to end at a level around 4%. The level of

INTERIM REPORT JANUARY-JUNE 2020 NORDAX BANK AB

Highlights January-June 2020 · Total lending amounted to SEK 26.7 billion (SEK 25.3 billion as of 31 December 2019). · Solid growth in new lending during the first quarter but falling new lending volumes in the 2[nd] quarter due to Nordax taking a more cautios approach to new lending due to COVID-19 · Nordax’s savings offer continued to attract many new customers, which led to an increase in total deposits to SEK 24.2 billion (SEK 19.2 billion as of 31 December 2019). · Total credit losses amounted to SEK 235 million during the period, of which SEK 39 million represents a

Scandic’s interim report Q2 2020 – Recovery at the end of the quarter

Second quarter in summary · Net sales decreased 86% to 665 MSEK (4,853) as a result of extremely low levels of demand caused by the spread of the coronavirus.  · Occupancy dropped to a historically low level in April but began to increase gradually in May and June. The rate of improvement accelerated in June as the summer vacation started. · Adjusted EBITDA amounted to -1,138 MSEK (559). The negative effect on results was decreased by significant cost reductions combined with state support. · Excluding the effects of finance leases and items affecting comparability, earnings

Interim Report January – June 2020

Reporting period January – June · Net sales declined by 2.5 per cent to SEK 6,720 (6,893) million. Organically, net sales declined by 10.3 per cent. · EBITA* decreased by 4.3 per cent to SEK 1,221 (1,276) million. · The EBITA margin* declined by 0.3 percentage points to 18.2 (18.5) per cent. · Profit before tax grew 0.4 per cent to SEK 979 (975) million. · Net profit for the period grew by 0.4 per cent to SEK 734 (731) million. · Earnings per share increased by 1.0 per cent to SEK 7.98 (7.90). · Cash flow from operating activities increased by 144 per cent to SEK 1,

Strategic initiatives strengthen margin

PE continued to deliver strong earnings in the second quarter despite challenging market conditions. EBITA amounted to SEK 31 million (16) and the EBITA margin more than doubled to 9.7 percent (4.4). The improved profitability is attributable to our long-term strategic investment in 2019, which resulted in lower costs and greater efficiency. Net revenue declined to SEK 320 million (362) as a result of restructuring work and the effects of Covid-19.Second quarter, 1 April–30 June 2020 · Net revenue totalled SEK 320.0 million (361.6) · EBITA was SEK 30.9 million (16.1) and the EBITA

Interim Report January - June 2020 Coor Service Management Holding AB

Interim Report January - June 2020, Coor Service Management Holding ABSecond quarter of 2020                                                                                                                      · Net sales in the second quarter amounted to SEK 2,265 (2,556) million. Organic growth was -11 per cent and growth from acquisitions 2 per cent, while exchange rate effects accounted for -2 per cent. · Adjusted EBITA amounted to SEK 141 (140) million and the operating margin was 6.2 (5.5) per cent. · EBIT was SEK 86 (78) million. Profit after tax was SEK 52 (44) million.

Saab’s Results January-June 2020

Saab presents the results for January-June 2020.Statement by the President and CEO Micael Johansson: Strong orders and continued good profitability During the second quarter of 2020, the COVID-19 pandemic had a major impact on people, countries and companies around the world. The situation affects Saab as well, but our defence business remains strong. Our civil business, on the other hand, is facing a larger impact from the pandemic, with demand in civil aviation being significantly down. Despite these challenges, Saab showed a strong performance in the second quarter and results for

Sinch AB (publ): Interim Report January – June 2020

Interim Report January – June 2020 April – June 2020 · Net sales increased by 38 percent to SEK 1,621.9 million (1,176.7). Organic growth in local currency was 27 percent. · Gross profit increased by 43 percent to SEK 460.3 million (321.1). Organic growth in local currency was 24 percent. · Adjusted EBITDA[1] increased by 55 percent to SEK 176.5 million (114.2). · Adjusted EBIT[2] amounted to SEK 161.7 million (104.1). · Profit after tax for the quarter was SEK 37.1 million (53.3). · Diluted earnings per share were SEK 0.61 (0.98). January – June 2020 · Net

Volvo Group – the second quarter 2020

“The second quarter of 2020 was characterized by the COVID-19 pandemic and its negative effects on society and economic development. Measures adopted by countries to control the spread had a significant impact on our production and supply chain as well as on demand for our products and services. Our net sales decreased by 39% to SEK 73.2 billion. After having been standing still in April, production was gradually restarted in May and is currently running well thanks to great efforts by our colleagues and suppliers. We also took forceful actions to reduce activities and costs, including salary

Interim report for the second quarter and first half of 2020

Profitability continues to improve“NCC is stable and has a strong order backlog and healthy cash flow. We are in a good position for the years ahead,” says Tomas Carlsson, President and CEO of NCC. · Improved operating profit for the quarter and first half-year · Orders received at normal levels – comparison with 2019 is affected by several major orders worth in total SEK 3.4 billion in Denmark in the second quarter of 2019 · Year-on-year improvement in quarter and half-year in cash flow from operating activities · No significant effects on ongoing projects from the Corona

Read original

Ine Dolve appointed SVP Operations & Asset Development in Aker BP

Ine Dolve has been appointed SVP Operations & Asset Development in Aker BP. She will be part of the Executive Management Team. Dolve comes from a position as VP Operations and Asset Development for Skarv in Aker BP. Dolve holds a degree from NHH in Bergen, and has a Master in International Management from ESADE in Barcelona. Further, Dolve holds a degree from The Royal Naval Academy. - Ine has made a tremendous effort as responsible for Skarv. She has shown a good ability to implement systematic improvements over time, and by that contributed to significant value creation for the company.

Key Information Relating to the Dividend-in-Kind to Be Paid by Aker Solutions ASA

Dividend amount: 1 Aker Offshore Wind Holding AS share and 1 Aker Carbon Capture AS share per AKSO share Declared currency: NOK Last day including right: August 14, 2020 Ex-date: August 17, 2020 Record date: August 18, 2020 Payment Date (delivery to VPS accounts): On or about August 26, 2020 Date of approval: August 14, 2020 Other information: The shares in Aker Offshore Wind Holding AS and Aker Carbon Capture AS are expected be tradable on Merkur Market immediately upon delivery on the payment date. This information is published in accordance with the requirements

Aker ASA: Key information relating to the cash dividend to be paid by Aker ASA

Aker’s Board of Directors has, based on the authorization approved by the General Meeting on 27 April 2020, decided to pay a cash dividend to Aker’s shareholders of NOK 11.75 per share in July. The dividend is based on the 2019 annual accounts.Dividend amount: NOK 11.75 per shareDeclared currency: NOKLast day including right: 20 July 2020Ex-date: 21 July 2020Record Date: 22 July 2020Payment date: On or about 29 July 2020Approval date: 17 July 2020 ENDS

Aker Solutions Appoints New CEO and Launches Transformation to Spin Off Offshore Wind and CCUS Businesses to Shareholders and Merge with Kvaerner

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES, AUSTRALIA, CANADA, HONG KONG OR 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.July 17, 2020 - Aker Solutions is launching a series of structural and strategic changes to transform the company and enhance shareholder value by spinning off the wind and carbon capture businesses to shareholders and merging Aker Solutions ASA ("Aker

Arjo interim report January-June 2020

”During the quarter, we have continued the important job of supporting healthcare through these challenging times. We grew organically by 2.2%, which should be seen in relation to a strong comparative quarter of 2019. At the same time, the adjusted operating profit (EBIT) increased by almost 50%. We have seen continued high demand within our US rental operations, as well as within medical beds and therapeutic mattresses,” says Joacim Lindoff, President & CEO. “We have a strong financial position and improved cash flow that provides a solid foundation despite the turbulence around the corona

Interim report January-June 2020

The real estate activities are delivering strong results, making evident the advantages of a growing portfolio. Profit from property management increases by a full 83 per cent in comparison to rental income, which increases by 48 per cent. During the second quarter, the unrealised value changes are positive in properties as well as in other investments. During the first quarter, the coronavirus pandemic affected the values negatively.January‒June 2020 · Rental income increased by 48 per cent to EUR 8,942k (6,046). The increase is primarily attributable to a larger property portfolio,

Alma Media: Coronavirus epidemic significantly reduced revenue, cost savings slowed down decline in adjusted operating profit. EPS improved by capital gain from sale of regional news media business.

Alma Media Corporation               Half-Year Report                   17 July 2020 at 8:00 a.m. (EEST) ALMA MEDIA’S HALF-YEAR REPORT JANUARY–JUNE 2020: The coronavirus epidemic significantly reduced revenue, cost savings slowed down the decline in adjusted operating profit. EPS improved by the capital gain from the sale of the regional news media business. On 30 April 2020, Alma Media announced it had completed the sale of the regional news media business and printing operations to Sanoma Media Finland. The Group reports the divested business until the date of the transaction and

Half-year financial report of Atria Plc, 1 January–30 June 2020: Atria's EBIT and net sales remained stable in the second quarter

Atria Plc, half-year financial report, 17 July 2020, 8.00 amHalf-year financial report of Atria Plc, 1 January–30 June 2020Atria's EBIT and net sales remained stable in the second quarterApril–June 2020- Consolidated net sales totalled EUR 366.3 million (EUR 368.9 million).- Consolidated EBIT was EUR 4.1 million (EUR 5.1 million), or 1.1 per cent (1.4%) of net sales.- The coronavirus pandemic (COVID-19) affected Atria's business: sales to Food Service customers decreased in all business areas, but on the other hand, sales to retail grew.- Atria Finland's improved operative

Strong competitive position demonstrated in weak markets

Elkem achieved high capacity utilisation and good sales volumes in the second quarter of 2020 despite very challenging market conditions. The strong operational performance reflects Elkem’s good market and cost positions. Covid-19 continues to impact global markets, but the market development in China shows signs of recovery. Elkem’s total operating income for the second quarter 2020 was NOK 5,879 million, up two per cent from the corresponding quarter last year. Earnings before interest, taxes depreciation and amortisation (EBITDA) amounted to NOK 644 million in the quarter, which is in

Ericsson reports second quarter results 2020

Second quarter highlights · Sales were SEK 55.6 (54.8) b. Sales adjusted for comparable units and currency were flat YoY. · Gross margin excluding restructuring charges improved to 38.2% (36.7%), including the earlier communicated inventory write-down related to Mainland China (SEK -0.9 b., which equals to -1.6 percentage points). · Operating income excluding restructuring charges improved to SEK 4.5 b. (8.2% operating margin) from SEK 3.9 b. (7.0% operating margin) driven by improvements in segment Digital Services. · Networks sales[1] increased by 4% YoY. Networks operating

TOMRA: 2Q 2020 - A resilient quarter amid the pandemic

The second quarter 2020 was solid despite significant COVID-19 complexities. Our customers’ resiliency and TOMRA’s diverse footprint have been balancing factors in navigating the turmoil.Revenues in the second quarter 2020 amounted to 2,319 MNOK compared to 2,318 MNOK in second quarter last year. Currency adjusted revenues were down 13% in TOMRA Collection Solutions and 8% in TOMRA Sorting Solutions. Gross margin was 43% in the quarter, down from 45% in second quarter 2019, primarily the result of volume shortfall in TOMRA Collection Solutions. Operating expenses was 707 MNOK in

Aker ASA: Second quarter and half-year results 2020 – Net Asset Value of NOK 34.3 billion. Unlocks growth opportunities in renewable energy and green technology industries

The Net Asset Value (“NAV”) of Aker ASA and holding companies (“Aker”) increased by 10.1 billion in the second quarter 2020 to NOK 34.3 billion, representing a quarterly value growth of 42 per cent. In light of the current market reality and outlook, Aker is taking an active role to unlock new growth opportunities for its core businesses, while simultaneously pivoting to position itself for a renewable energy transition.The Aker share price increased by 48.7 per cent to NOK 350.40 in the second quarter, outperforming the Oslo Stock Exchange benchmark index at 12.5 per cent. For the first

Contemplated merger between Kværner ASA and Aker Solutions ASA

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES, AUSTRALIA, CANADA, HONG KONG OR 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. Kværner ASA (“Kvaerner”) and Aker Solutions ASA (“Aker Solutions”) have entered into a merger plan, whereby the two entities will join forces to create a new supplier company with a stronger position as a solid execution partner, enabling sustainable,

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