Category Archives: Financial

Financial Press Releases & News distributed via EuropaWire

NB supports EIOPA in its efforts to establish a more realistic method to determine the UFR for insurers

AMSTERDAM, 20-May-2016 — /EuropaWire/ — The European Insurance and Occupational Pensions Authority (EIOPA) is holding a consultation about the determination of the ultimate forward rate (UFR) for insurers, the calculation method for long-term liabilities. DNB is a member of EIOPA and … Read the full press release

Netherlands: Debit card payments more than cash for the first time in 2015

AMSTERDAM, 20-May-2016 — /EuropaWire/ — In 2015 Dutch consumers for the first time made more payments with debit cards than with cash. At stores, petrol stations, bars, restaurants, hotels and other establishments, consumers settled 50% of all payments with debit cards, … Read the full press release

Universities of York, Manchester and Michigan: Quality and Outcomes Framework programme failed to save additional lives

The world’s largest primary care pay-for-performance programme, designed to improve patient health care and outcomes, has failed to save additional lives according to joint research by the Universities of York, Manchester and Michigan. YORK, 19-May-2016 — /EuropaWire/ — In 2004, the … Read the full press release

University of York: Socio-economic inequality costs NHS in England £4.8 billion a year

Socio-economic inequality costs the NHS in England £4.8 billion a year, almost a fifth of the total NHS hospital budget, according to researchers at the University of York. YORK, 19-May-2016 — /EuropaWire/ — The research team found that the more deprived … Read the full press release

AGRANA Beteiligungs-AG achieves 6% improvement in operating profit (EBIT) in FY 2015/16

Positive outlook – Dividend increase to € 4.00  -Revenue of € 2,477.6 million (prior year: € 2,493.5 million) -Starch and Fruit segment carry Group operating Profit -Operating profit (EBIT) of € 129.0 million (prior year: € 121.7 million) -Positive EBIT in Sugar segment even … Read the full press release

ACS Actividades de Construcción y Servicios, S.A. Q1-2016: Backlog increases by 6.6%; Net debt remains stable

MADRID, 16-May-2016 — /EuropaWire/ — Sales decreased by 4.7%, in a like for like basis, to 7,922 million euros as a result of large LNG projects completion in Australia • Backlog increases by 6.6%, in a like for like basis, up … Read the full press release

Fiat Chrysler Automobiles reports 13.6% YoY increase of its European sales in April 2016

For the month of April, FCA posted a 13.6% year-over-year increase in European sales, outperforming the industry average of 9.0%. As a result, FCA improved its position to fourth overall by total sales, with European market share increasing 30 basis … Read the full press release

Experian 2015 financial results: investing in growth whilst returning nearly US$1bn in dividends and share repurchases during the year

LONDON, 16-May-2016 — /EuropaWire/ — Experian, the global information services company, today issues its full year financial results for the twelve months ended 31 March 2016. General highlights Delivering on our strategy: – improved growth momentum; – strength in Credit Services … Read the full press release

Skanska AB Q1-2016: operating income increased by 134 percent

STOCKHOLM, 16-May-2016 — /EuropaWire/ — January-March 2016 compared to January-March 2015 Highlights Revenue amounted to SEK 35.3 billion (34.1); adjusted for currency effects, revenue increased by 5 percent. Operating income amounted to SEK 1,969 M (832); adjusted for currency effects, operating … Read the full press release

Halifax research: young adults say digital banking is helping them to boost their savings balances

LONDON, 13-May-2016 — /EuropaWire/ — The Halifax Generation Save Report is new annual research providing insight into the attitudes and behaviour of savers, focusing on those aged 18-24. This major report contains data from over 5,000 GB adults as well as … Read the full press release

UK: Gap widens between rich and poor in retirement – Experian research

Gap is widening between rich and poor in retirement – North/South divide is evident. Better-off retirees heading for affluent suburbs, market and cathedral towns LONDON, 11-May-2016 — /EuropaWire/ — Britons are living through a hugely varied set of circumstances when they … Read the full press release

Gamesa Q1-2016: strong sales performance; over 3,800 MWe in volume and above €400 million in EBIT

Net profit excluding the impact of Adwen amounted to €80 million (+82%1 vs. 2015, which included a one-off positive impact of €18 million from the joint venture). The company maintains the profitable growth envisaged in its Business Plan 2015-2017 and … Read the full press release

European Capital CFO Juan Carlos Morales Cortes: We are very pleased to announce the final close of European Capital Private Debt Fund

LONDON, 11-May-2016 — /EuropaWire/ — European Capital Fund Management Limited announced today that its European mid-market direct lending fund, European Capital Private Debt, LP (the “Fund”), successfully reached its final close on 15 April 2016, bringing the total commitments of the … Read the full press release

2015 European Private Equity Activity report: Private equity investment into European companies up by 14%

•   Investments into almost 5,000 European companies, 86% SMEs •   Divestments remain high at €40.5bn with almost 2,500 companies exited •   Fundraising stays steady at €47.6bn in 2015 BRUSSELS, 10-May-2016 — /EuropaWire/ — Private equity investment into European companies increased … Read the full press release

Gemalto and Visa to equip visitors at the 2016 Eurovision Song Contest with conta​ctless payment wristbands

Amsterdam, 10-May-2016 — /EuropaWire/ — Gemalto (Euronext NL0000400653 GTO), the world leader in digital security, is collaborating with Visa, one of the world’s largest payment providers, to equip visitors at the 2016 Eurovision Song Contest with conta​ctless payment wristbands​. Gemalto’s solution … Read the full press release

Bank consortium JETCO selects Gemalto’s Ezio Mobile Suite for mobile payments in Hong Kong

Amsterdam, 10-May-2016 — /EuropaWire/ — Gemalto (Euronext NL0000400653 GTO), the world leader in digital security, will provide JETCO with its Ezio Mobile Suite​, including servers for mobile enrollment and provisioning, authentication and messaging. JETCO runs on its existing inter-bank network, is a … Read the full press release

Governing Council of the European Central Bank (ECB) to permanently stop producing the €500 banknote and to exclude it from the Europa series

ECB has decided to discontinue production and issuance of €500 banknote Europa series of euro banknotes will not include the €500 €500 banknote remains legal tender and will always retain its value Frankfurt am Main, 05-May-2016 — /EuropaWire/ — Today (4 … Read the full press release

Karl Gadesmann appointed new CFO of Leoni AG effective 1 October 2016

Proven financial expert and CFO to take charge effective 1 October 2016 – Dieter Bellé to concentrate on his position as President & CEO Nuremberg, 04-May-2016 — /EuropaWire/ — The Supervisory Board of Leoni AG, the leading European provider of … Read the full press release

HeidelbergCement Q1-2016: Sales volumes benefit from market recovery in North America, Europe, and Asia

Heidelberg, Germany, 04-May-2016 — /EuropaWire/ — HeidelbergCement achieves significant increase in results in first quarter of 2016 Growth in sales volumes of cement, aggregates, and ready-mixed concrete Group revenue stable at €2.8 billion (like-for-like* +1%) Operating income improved by 19.9% to … Read the full press release

KfW 2015: very high demand for our financing products; total assets now EUR 503.0 billion

Promotional business rose to EUR 79.3 billion Consolidated profit of EUR 2,171 million achieved Increase in total assets to EUR 503.0 billion Frankfurt am Main, 03-May-2016 — /EuropaWire/ — In 2015, KfW Group recorded very high demand for its financing products … Read the full press release