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Interim Report January-June 2023

Reporting period January – June · Net sales increased 15.5 per cent to SEK 12,165 (10,530) million. Organically, net sales grew by 3.1 per cent. · EBITA increased 25.9 per cent to SEK 2,817 (2,237) million. · The EBITA margin increased to 23.2 (21.2) per cent. · Profit before tax grew 19.7 per cent to SEK 2,233 (1,865) million. · Net profit for the period grew 18.9 per cent to SEK 1,663 (1,399) million. · Earnings per share increased 19.2 per cent to SEK 3.60 (3.02). · Cash flow from operating activities increased 60.9 per cent to SEK 1,524 (947) million. · Ten new

STOREBRAND ASA: Results for the 2nd quarter 2023

· Cash equivalent earnings of NOK 777m in the quarter and NOK 1,550m year to date · Combined ratio of 96% in the quarter impacted by claims inflation, increased claims frequency in motor and disability · Solvency II ratio 196%, increase of 17 percentage points from last quarter · Share buyback of NOK 1bn approved for H2 2023, tranche of NOK 500m starts today During the last quarter interest rates in Norway and Sweden have increase to levels we have not seen for decades, driven by persistent high inflation. These factors have improved asset under management and earnings, but also

Second quarter 2023: An overall good performance in weak markets

Oslo, 14 July 2023 In the second quarter 2023, Elkem delivered an overall good result, with continued strong performance in the Silicon Products division and the Carbon Solutions division. The result for the Silicones division was weak, impacted by challenging market conditions, maintenance stop, and inventory write down. Elkem’s total operating income for the second quarter 2023 was NOK 9,258 million, which was down from the corresponding quarter in 2022, mainly explained by lower sales prices and lower sales volumes. Earnings before interest, taxes, depreciation and amortisation (

Higher inflow of new customers leads to continued strong growth

In a market characterised by a lower inflation rate and focus on price value, Axfood delivered very high growth with stable profitability in the second quarter and continued to strengthen its position in all market segments. Growth was mainly driven by Willys, but Hemköp also outperformed the market. Axfood also took several major and important steps in the area of sustainability during the quarter and continued to maintain a high pace of development in terms of laying the foundation for the logistics platform of the future.President and CEO Klas Balkow’s comments on the interim report for

Ericsson reports second quarter 2023

Second quarter highlights – In line with expectations  · Group organic sales[1] declined by -9% YoY. Segment Networks sales[1] declined by -13%, while segment Enterprise sales[1] grew by 20%. Reported sales was SEK 64.4 (62.5) b.  · The sharp decline in sales in North America was partly offset by strong sales development in India.  · Gross income excluding restructuring charges decreased to SEK 24.7 (26.3) b. as a result of lower sales and margins in Networks. Gross income increased in Enterprise, mainly driven by the consolidation of Vonage. Reported gross income was SEK 24.1 (

Arjo’s interim report January-June 2023

”The recovery following a turbulent 2022 continues and we grew 5% organically with improved profitability and strong cash flow. Demand was healthy in many markets and despite continuing challenging market conditions in the US, we expect to deliver organic growth for the full-year within our target interval of 3–5%,” says Joacim Lindoff, President and CEO of Arjo.  April-June 2023 in brief · Net sales increased to SEK 2,686 M (2,404).Net sales grew organically by 5.0%. · Adjusted EBITDA rose to SEK 490 M (430). · Adjusted operating profit increased to SEK 206 M (165). ·

Strong second quarter profit

This release contains inside information related to Gjensidige Forsikring ASA pursuant to the EU Market Abuse Regulation and is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act.   Gjensidige generated a profit after tax of NOK 1,044 million in the second quarter. The insurance service result was solid, reflecting strong revenue growth and solid operations, although higher claims frequency for several products in Norway affected profitability. Gjensidige has strengthened pricing measures and will adjust terms and conditions to ensure

Strong second quarter profit

This release contains inside information related to Gjensidige Forsikring ASA pursuant to the EU Market Abuse Regulation and is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act.   Gjensidige generated a profit after tax of NOK 1,044 million in the second quarter. The insurance service result was solid, reflecting strong revenue growth and solid operations, although higher claims frequency for several products in Norway affected profitability. Gjensidige has strengthened pricing measures and will adjust terms and conditions to ensure

Continued improvement for Orkla

Orkla’s operating revenues increased by 20% to NOK 17.1 billion in the second quarter. 11 of Orkla’s 12 portfolio companies reported profit improvement. Adjusted earnings per share rose by 17% to NOK 1.55 for the second quarter.Orkla’s consolidated portfolio companies increased operating profit EBIT (adj.) by 29% to NOK 1.6 billion in the second quarter. All portfolio companies in Orkla had good organic growth, but most of them also saw a certain decline in volume. The contribution to Orkla’s profit from Jotun (in which Orkla owns a 42.7% interest) totalled NOK 533 million, which is an

Pandox AB (publ) interim report January–June 2023

Good growth in a strong hotel market April–June 2023 · Revenue from Property Management amounted to MSEK 942 (858). For comparable units, the increase was 12 percent, adjusted for currency effects · Net operating income from Property Management amounted to MSEK 806 (761). For comparable units, the increase was 12 percent, adjusted for currency effects · Net operating income from Operator Activities amounted to MSEK 219 (238). For comparable units, the increase was 38 percent, adjusted for currency effects · EBITDA amounted to MSEK 977 (970), an increase of 1 percent ·

EQT AB (publ) Half-year report 2023

Executing on fundraising, investments and performance in a challenging market “The first half of 2023 has been all about execution. Having completed the combination with BPEA, EQT entered the year focused on maximizing the potential of our global active ownership platform. Whilst we are faced with continued market uncertainties and a slower fundraising market, EQT has seized investment opportunities globally and secured strong client commitments to our latest generation of flagship funds. We have also executed on our long-term ambition to offer strategies for individual investors.”

TOMRA: All-time high revenues in all divisions in the second quarter 2023

TOMRA, the global technology leader in sensor based solutions for optimal resource productivity, announces its financial results for the second quarter of 2023. All business divisions – Collection, Recycling, and Food – deliver all-time high revenues totaling 3,879 MNOK in the quarter. This corresponds to 27% growth from the same period last year and 14% when adjusting for currency effects. Highlights 2Q 2023 (all growth figures are from the second quarter last year and adjusted for currency) · Revenues amounted to 3,879 MNOK, up 14% · Revenue growth of 15% in Collection, 26%

Kesko’s sales in June

Kesko Group's sales in June 2023 totalled €1,101.9 million, representing an increase of 1.3%.”Kesko’s sales in June grew by 1.3%, and were flat year-on-year in comparable terms. In the grocery trade division, sales grew by 5.4% thanks to the good performance of Kespro and our grocery stores. In the building and technical trade division, sales decreased as construction activity weakened. In the car trade division, growth in car sales continued strong,” says Kesko’s President and CEO Mikko Helander. Sales in the grocery trade division totalled €581.1 million in June, an increase of 5.4%.

Inwido makes its largest acquisition to date as Scottish Sidey Group becomes part of the Group

Inwido acquires Scotland's largest window and door company, Sidey Group, a market leader in the renovation of social housing. The company had sales of approximately SEK 800 million, and an EBIT margin of approximately 15%, in the last twelve-month period and will thus be Inwido’s largest acquisition to date.Sidey was founded back in 1932 in Perth, Scotland, where most of its operations are still located. Most of the company’s sales are in the renovation of social housing, where it’s also the market leader. Sidey Group is in a strong growth phase and the prospects for continued growth are

Nordea Bank Abp: Repurchase of own shares on 13.07.2023

Nordea Bank AbpStock exchange release – Changes in company’s own shares13.07.2023 at 22.30 EET Nordea Bank Abp (LEI: 529900ODI3047E2LIV03) has on 13.07.2023 completed repurchases of own shares (ISIN: FI4000297767) as follows: +----------+-------+-------------------+-------------------+| Trading |Number | Weighted average |Total cost, EUR* **||venue (MIC| of |price / share, EUR*| || Code) |shares | ** | |+----------+-------+-------------------+-------------------+|XHEL |47,260 |10.06 |475,567.93

SBB enters into LOIs with tenants to sell properties with a property value exceeding SEK 3 billion

Samhällsbyggnadsbolaget i Norden AB (publ) ("SBB") has entered into LOIs with existing tenants that intend to acquire properties in which the tenants conduct business. The agreed property value in the deals amounts to over SEK 3 billion. Signing of binding agreements and closings is planned for the third quarter of 2023. "As we commented after our last sales, our relationships with our tenants are of the utmost importance and we are open to dialogues with tenants who want to acquire properties where they themselves are tenants," says Leiv Synnes, CEO of SBB. SBB intends to use the net

Lundin Mining Announces Closing of the Acquisition of Majority Interest in the Caserones Copper-Molybdenum Mine in Chile and Commitments for New $800 Million Term Loan

TORONTO, July 13, 2023 /CNW/ - (TSX: LUN; Nasdaq Stockholm: LUMI) Lundin Mining Corporation (“Lundin Mining” or the “Company”) is pleased to announce the closing of the acquisition of fifty-one percent (51%) of the issued and outstanding equity of SCM Minera Lumina Copper Chile (“Lumina Copper”), which owns the Caserones copper-molybdenum mine (“Caserones’”) located in Chile, from JX Metals Corporation and certain of its subsidiaries (collectively, “JX”), as previously announced on March 27, 2023 (the “Acquisition”). Additionally, the Company is pleased to announce it has obtained

Multiconsult ASA - Share buyback

Multiconsult ASA (OSE: MULTI) announced on 5 July 2023 a non-discretionary agreement with ABG Sundal Collier for the repurchase of up to 500 000 of its ordinary shares in the market with employee share saving programme and executive management bonus schemes, or as consideration in connection with acquisitions. From 5 – 13 July 2023, Multiconsult ASA has purchased a total of 12 000 own shares at Oslo Børs at an average price of NOK 157.8997 per share.  Aggregated overview of transactions per day: Overview oftransactionsDate Aggregated daily Weighted average Total

Polygon Price Prediction Amid 19% Rise - Time to Buy? Traders are Also Backing These Coins to Surge

Polygon has pumped 19% in the last seven days and is currently trading at $0.7995, the highest price in over a month.  With that in mind, this begs whether it is time to buy Polygon or if more sell pressure is to follow. The recent bullish momentum puts Polygon ranked 11 of all coins by market cap at $7.4 billion. In the last 24 hours, trading volume has also spiked by more than 40% to $546M. Polygon has followed a downward trajectory since February 2023, falling from highs of $1.57 to lows of $0.5095 on 10 June. The collapse in early June pushed the Polygon price below the

FREYR Battery Awarded €100 Million EU Innovation Fund Grant

NEW YORK, OSLO, Norway & LUXEMBOURG--FREYR Battery (NYSE: FREY) (“FREYR”), a developer of clean, next-generation battery cell production capacity, has announced that the company has been awarded a €100 million grant from the European Union (“EU”) to support development of FREYR’s Giga Arctic project in Norway. The grant will be funded through the EU’s Innovation Fund (“EUIF”) as part of the EU’s efforts to promote localized production of battery solutions. “We are delighted with the news we have received from the EU’s Innovation Fund to support FREYR’s Giga Arctic project,” remarked Tom

Cloetta AB (publ) to repurchase own B-shares as part of long-term incentive plan

The Board of Directors of Cloetta AB (publ) (“Cloetta”) has, based on an authorisation from the Annual General Meeting held on 4 April 2023, resolved on repurchase of own B-shares to enable delivery of shares under the long-term share-based incentive plan.The purpose of the authorisation to repurchase own shares, and the Board of Directors’ decision to utilise the authorisation from Annual General Meeting, is to enable hedging of costs and delivery of shares related to the implementation of Cloetta’s long-term share-based incentive plan, LTI 2023. The repurchase of own shares will be

RTC selected Absolicon installation with Colgate-Palmolive as solar thermal case study

The Renewable Thermal Collaborative (RTC) has published a case study of the Absolicon solar thermal rooftop installation for Colgate-Palmolive in Athens, Greece. The case study shows how renewable thermal installations can be win-wins for pursuing both sustainability and financial objectives.RTC is the global coalition for renewable heat. The members are multinational heat users like Unilever, Nike and Pepsico looking to find renewable solutions. Some of the world’s largest companies cooperate with technology suppliers to understand the problems in the market and overcome barriers to

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