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Focus on change in a challenging market

The quarter has been characterized by a strong focus on initiating and implementing cost-reducing measures to deal with a weaker market. The net sales for the quarter increased by 1.5 percent, combined with an adjusted EBITA margin of 4.9 percent. Net sales were SEK 1,544.1 (1,520.9) million and the EBITA profit, adjusted for acquisition and integration costs, was SEK 74.9 (94.5) million. The trend noted throughout 2023, with longer sales cycles and projects being postponed, has continued into the third quarter. The market uncertainty remains high and we are facing challenges in keeping the

Interim Report, January–September 2023 Coor Service Management Holding AB

Interim Report, January–September 2023, Coor Service Management Holding ABThird quarter of 2023          Net sales in the third quarter amounted to SEK 3,016 (2,766) million. Organic growth was 3 per cent and growth from   acquisitions 4 per cent, while exchange rate effects accounted for 3 per cent.          Adjusted EBITA amounted to SEK 126 (122) million and the operating margin was 4.2 (4.4) per cent.          EBIT was SEK 78 (70) million. Profit after tax was SEK 28 (39) million.          Earnings per share were SEK 0.3 (0.4).          Cash conversion for the most

Konecranes Plc’s Interim Report, January-September 2023: All-time high quarterly comparable EBITA margin

KONECRANES PLC INTERIM REPORT, JANUARY-SEPTEMBER 2023 OCTOBER 25, 2023 8:30 am EEST   Konecranes Plc’s Interim Report, January-September 2023: All-time high quarterly comparable EBITA margin   All-time high quarterly comparable EBITA margin   This release is a summary of Konecranes Plc’s Interim Report, January-September 2023. The complete report is attached to this release in pdf format and is also available on Konecranes’ website at www.konecranes.com.   The figures presented in this report are unaudited. Figures in brackets, unless otherwise stated, refer to the

Interim report Q3 2023: Weak market in Europe, strong cash flow

The third quarter · Revenue was SEK 29,339 (31,516) million · Operating result was SEK 4,371 (6,594) million · Earnings per share were SEK 3.40 (4.93) · Net cash was SEK 16.8 (8.7) billion · Investments in the transformation to fossil-free steel continueComments by the CEO SSAB's operating result for the third quarter of 2023 amounted to SEK 4,371 (6,594) million. The decrease, compared to the high level last year, was mostly due to weaker markets for SSAB Europe, Tibnor and Ruukki Construction. Compared with the second quarter of 2023, the Group's operating result

Elkem ASA - Notice of extraordinary general meeting

Oslo, 25 October 2023 An extraordinary general meeting of Elkem ASA for the election of new board member will be held on Monday 20 November 2023 at 9:00 (Norwegian time) as a digital meeting.  The full notice is attached, and all relevant documents can be found on www.elkem.com/investor/debt-and-share-information/ For further information, please contact:Odd-Geir LyngstadVP Finance & Investor RelationsTel: +47 976 72 806Email: odd-geir.lyngstad@elkem.com About Elkem:Elkem is one of the world’s leading providers of advanced silicon-based materials shaping a better and

Third quarter 2023: Weak profitability due to weak markets and one-offs

Oslo, 25 October 2023 Elkem’s profitability in the third quarter 2023 was impacted by weak markets and negative one-off effects, including changes to the CO2 compensation scheme in Norway. Relevant measures are taken to reduce costs and adjust investment plans to reflect the weak market conditions. Elkem is well positioned when market conditions improve, based on attractive positions and a strong asset base. Elkem’s total operating income for the third quarter 2023 was NOK 7,917 million, which was down from the corresponding quarter in 2022, mainly explained by lower sales prices and

Continued strong customer traffic and increased market share

During the third quarter, Axfood continued to report strong growth and stable profitability, a testament to the fact that customers appreciate the Group’s affordable and competitive offering. At the same time, Axfood continued to pursue an extensive development agenda to strengthen its position for the future, and took major steps in the establishment the Group’s new warehouse and logistics structure during the quarter.President and CEO Klas Balkow’s comments on the interim report for the third quarter 2023: “Despite high comparison figures, Axfood delivered robust growth of 13% during

A sustainable future is based on a learning society

Escalating planetary crises, including climate change, the depletion of natural resources and the human-induced sixth mass extinction, pose increasing demands on pursuing a good life. As the planet is reaching its limits, old perceptions of well-being are being questioned.  A holistic transformation is needed for the planet to accommodate people’s pursuit of well-being. A new study by an international team of researchers explores a Theory of Planetary Social Pedagogy as a driver of a transformative process based on a learning society. The Theory of Planetary Social Pedagogy is a way of

Interim report January–September 2023

Improved profit and cash delivery in continued weak market conditions Key highlights Q3 •    Higher sales volumes in both regions compared to last quarter, offset by price and mix deterioration •    Sequentially lower input costs and lower fixed cost than normalized level •    Efficiency enhancement program on track – delivered SEK 175 million in the quarter •    Earnings per share positively impacted by recognition of tax credits in the US •    Strong operating cash flow with tight control on working capital •     Frövi recovery boiler project completed on time, spec

Nel ASA: Third quarter 2023 financial results

(October 25, 2023 - Oslo, Norway) Nel ASA (Nel, OSE:NEL) reported quarterly revenues of NOK 405 million in the third quarter of 2023, up 121% from NOK 183 million in the same quarter of 2022. EBITDA came in at NOK -109 million, showing a steady improvement from previous quarters. EBITDA margin from the electrolyser division was -10% this quarter, up from -12% in Q2’23 and -64% in the same quarter last year. Order intake was NOK 352 million, and at the end of the third quarter the order backlog was NOK 2 854 million, up 36% from Q3 2022 and in-line with the previous two quarters. The cash

Intrum AB – Interim results July-September 2023

· Seasonally slower third quarter in a transitory 2023 · Income increased 9 per cent vs. Q3 ‘22 and 5 per cent vs. YTD ‘22 driven by both Servicing and Investing segments · Adjusted EBIT reduced by 13 per cent vs. Q3 ‘22 and 18 per cent vs. YTD ‘22 driven by cost growth in excess of income · EBIT YTD, increased by 108 per cent vs. YTD ’22 mainly due to the impact of the JV write down last year · Leverage ratio decreased 0.2x to 4.4x in the quarter driven by favourable FX movements and recent acquisition in Spain · Commercial focus with record ACV signings and increased win rate

SEB’s third quarter 2023 results

SEB’s operating profit for the third quarter 2023 amounted to SEK 13.0bn, with a return on equity of 19.8 per cent, a CET1 capital ratio of 18.9 per cent and a capital management buffer of 430 basis points. “The geopolitical and macroeconomic uncertainty remained elevated during the third quarter. As central banks continued their monetary tightening and policy rate hikes, the inflation rate started to decrease from high levels. Rising interest rates continued to have a positive effect on SEB’s results in the third quarter, however, the positive effect on net interest income has abated

ABS Sets Sight on Ambitious Project to Class 3D-Printed Propeller

(SINGAPORE) ABS is joining Mencast Marine (MMPL), the Singapore University of Technology and Design (SUTD), and the National Additive Manufacturing Innovation Cluster (NAMIC) on a project to manufacture and class a 3D-printed propeller. The collaborative project builds upon a Memorandum of Understanding (MOU)  signed by ABS and MMPL that is focused on additive manufacturing (AM), also known as 3D printing, for

Borr Drilling Limited Announces Pricing of Senior Secured Notes

Hamilton, Bermuda, October 24, 2023. Borr Drilling Limited (the “Company”) (NYSE and OSE: BORR) announced today that its wholly-owned subsidiary Borr IHC Limited has priced its previously announced offering of $1,540,000,000 in aggregate principal amount of senior secured notes, consisting of $1,025,000,000 aggregate principal amount of senior secured notes due 2028 at a price equal to 97.750%, bearing a coupon of 10.000% per annum and $515,000,000 aggregate principal amount of senior secured notes due 2030 at a price equal to 97.000%, bearing a coupon of 10.375% per annum. The proceeds

Nordea Bank Abp: Repurchase of own shares on 24.10.2023

Nordea Bank AbpStock exchange release – Changes in company’s own shares24.10.2023 at 22.30 EET Nordea Bank Abp (LEI: 529900ODI3047E2LIV03) has on 24.10.2023 completed repurchases of own shares (ISIN: FI4000297767) as follows: +----------+---------+-------------------+-------------------+| Trading |Number of| Weighted average |Total cost, EUR* **||venue (MIC| shares |price / share, EUR*| || Code) | | ** | |+----------+---------+-------------------+-------------------+|XHEL |290,305 |10.11

FairWind Announces Strong Preliminary Q3 2023 Figures

Vejle, October 24, 2023Force Bidco A/S’s (FairWind) preliminary results for Q3 2023 include a revenue increase of 40% and reached a total of 337.5 mDKK, compared to 241.9 mDKK in Q3 2022. The company has also improved its earnings, reaching a total adjusted EBITDA of 41.9 mDKK for the period, compared to 7.4 mDKK in Q3 2022, which is an increase of 466%. The improved performance means that FairWind’s Q3 2023 LTM Adjusted EBITDA has reached approximately 102 mDKK, which will be an increase of around 46% compared to Q2 LTM Adjusted EBITDA of 69.8 mDKK. All figures in this press release

Everysport Group postpones the publication of the Interim Report for Q3 2023

The Board of Directors of Everysport Group has today decided to postpone the publication of the Interim Report for the third quarter of 2023 due to the divestment of the Group's operations in horse racing and betting that was announced earlier tonight. The report was previously scheduled to be published on October 26 and will instead be published at the latest on November 30, 2023. The exact date will be communicated at a later date. For more information, please contact:Hannes Andersson, CEO, Everysport Group ABPhone: +46 70 736 56 25E-mail: hannes.andersson@everysport.com About

The Board of Directors of Nokian Tyres plc has decided on the payment of the second dividend installment of EUR 0.20 per share for the financial year 2022

Nokian Tyres plc Stock Exchange Release October 24, 2023 at 8:20 p.m. EEST The Board of Directors of Nokian Tyres plc has today decided that a second dividend installment of EUR 0.20 per share will be distributed for the year 2022. The dividend is based on the authorization given by Nokian Tyres’ Annual General Meeting 2023. The second dividend installment will be paid to shareholders who are registered in the company’s shareholders’ register maintained by Euroclear Finland Oy on the dividend record date of November 2, 2023. The dividend payment date is December 5, 2023. Nokian Tyres’

Inside information: Nokian Tyres plc lowers its guidance for 2023 and publishes preliminary information for Q3 2023

Nokian Tyres plc Inside information October 24, 2023 at 7:33 p.m. EEST Nokian Tyres plc lowers its guidance for the full year 2023 and publishes preliminary figures for the third quarter of 2023. The company now expects segments net sales in 2023 to be approximately EUR 1,150–1,200 million and segments operating profit percentage of net sales to be approximately 5.5–6%. Earlier the company expected segments net sales to be in the range of EUR 1,300–1,500 million and segments operating profit percentage of net sales between 6–8%.   Based on preliminary, unaudited information, third

Buy-back of shares in MTG during week 42, 2023

During the period between 16 and 20 October 2023 Modern Times Group MTG AB (publ) (LEI code 549300E8NDODRSX29339) (“MTG”) repurchased, in total, 226,447 own class B shares (ISIN code SE0018012494) under the share repurchase program initiated by the Board of Directors to deliver shareholder value and to optimize the capital structure of the company.The share buy-backs form a part of the share repurchase program of a maximum of 6,283,278 shares for a maximum amount of SEK 300 million, which MTG announced on 1 September 2023. The share repurchase program, which runs from 4 September 2023 until

Build Your World Without Limits in Cities: Skylines II, Available Now on PC

Highly-anticipated sequel delivers deeper simulation systems, a living economy, and a grander scale to aspiring buildersSTOCKHOLM – October 24, 2023 – Paradox Interactive and Colossal Order today launched the most detailed city builder ever made: Cities: Skylines II . Players take on the roles of creator, city planner, and architect as they design and manage the cities of their dreams, evolving them from humble towns to thriving metropolises. Cities: Skylines II is now available on PC via Steam and Windows Store for a

Everysport Group divests betting and horse racing operations for a total of SEK 20.5 million

Everysport Group AB (publ) ("Everysport" or the "Company") has today entered into an agreement with Interactive Wall Systems Development in Sweden AB (''IWSD'' or the "Buyer") to divest 100 percent of the shares in Daytime Media House AB and Trav Og Galoppnytt AS with subsidiaries. The purchase price amounts to a total of MSEK 20.5, of which MSEK 15 is paid in cash on the closing date of November 1, 2023. The remaining SEK 5.5 million will be paid over a three-year period. The transaction includes Everysport's operations within betting and horse racing. In addition to enabling expanded

SEB completes latest share buyback program and initiates new program

SEB has completed its latest share buyback program, under which SEK 1.25 billion of Class A shares have been repurchased. The Board of Directors has resolved to utilise the authorisation granted by the 4 April 2023 Annual General Meeting to initiate a new SEK 1.25 billion buyback program of Class A shares running until 29 December 2023.  On 17 July 2023, SEB announced a SEK 1.25 billion share buyback program for capital management purposes. The repurchases of shares began on 19 July 2023 and ended on 23 October 2023. During this period, SEB repurchased 9,746,391 of its own Class A shares

Epidemic Sound Signs Multi-Platinum Recording Artist Jordin Sparks

· Epidemic Sound has today announced the signing of Grammy-nominated singer-songwriter Jordin Sparks  · The deal includes the creation and distribution of Jordin Sparks' next music project  · Epidemic Sound's partnership with Jordin Sparks demonstrates the company's commitment to identifying and working with exceptional talent Stockholm, Sweden – Epidemic Sound, the market-leading music licensing company, announced today that it has signed the Grammy-nominated and multi-platinum recording artist Jordin Sparks to its esteemed artist roster.  The deal includes creating and

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