Category Archives: Financial

Financial Press Releases & News distributed via EuropaWire

Beiersdorf AG announced strong sales growth in its H1 2013 Interim Report

Group sales rise 6.6% Consumer sales up 6.5% tesa achieves sales growth of 7.4% Group EBIT margin increases to 13.7% Outlook for fiscal year 2013 confirmed  Hamburg, 26-8-2013 — /EuropaWire/ — For the first half of 2013, Beiersdorf has continued to progress well … Read the full press release

RTL Group to pay gross extraordinary interim dividend of €2.50 per share

Luxembourg, 26-8-2013 — /EuropaWire/ — As RTL Group already announced on 22 August 2013, the Group’s Board of Directors decided at its meeting of 21 August 2013 to pay a gross extraordinary interim dividend of €2.50 per share. The extraordinary interim dividend … Read the full press release

Brembo SpA acquires remaining 30% stake in Brembo Nanjing Brake Systems Co. for €11M from Donghua Automotive Industrial China

26-8-2013 — /EuropaWire/ — Brembo now owns 100% of Brembo Nanjing Brake Systems Co. Ltd as a result of the acquisition of the remaining 30% stake from the Chinese partner Donghua Automotive Industrial Co. Ltd, for a total consideration of RMB 90 million (about … Read the full press release

CapMan Russia II announced it invested in leading Russian IT outsourcing service provider MAYKOR

26-8-2013 — /EuropaWire/ — CapMan Russia II, a fund managed by CapMan, has made its first investment in MAYKOR – the leading Russian IT outsourcing service provider. The investment is made jointly with the Russian Direct Investment Fund (RDIF) and the European Bank for Reconstruction and Development … Read the full press release

SABMiller plc and Molson Coors Brewing Company reported solid pricing and strong Above Premium sales growth at MillerCoors in Q2-2013

Above-Premium Innovations Help Drive 2.6% Increase in Domestic Net Revenue per Barrel Profit Declines Due to Weak Sales in Premium Light and Economy Segments London and Denver, 26-8-2013 — /EuropaWire/ — SABMiller plc (LN:SAB; OTC:SABMRY) and Molson Coors Brewing Company (NYSE: TAP; TSX: … Read the full press release

Leading European entertainment network RTL Group reported higher EBITA and net profit in H1-2013

RTL Group delivers on its strategic growth plan, stepping up its investments in broadcast, content and digital Based on its strong cash flows, RTL Group will pay out an extraordinary interim dividend of €2.50 per share in September 2013 Luxembourg, … Read the full press release

EBRD, Russian Direct Investment Fund, CapMan Russia II Fund invest USD 100 million in major Russian outsourcing company MAYKOR

Joint investment with the Russian Direct Investment Fund and CapMan Russia II Fund 26-8-2013 — /EuropaWire/ — The EBRD has joined forces with the Russian Direct Investment Fund (RDIF) and the CapMan Russia II Fund, a private equity fund in which the … Read the full press release

Croatia’s investment plan to use EU cohesion policy funds worth €449.4m to deliver growth and jobs approved by the European Commission

26-8-2013 — /EuropaWire/ — The European Commission has today approved Croatia’s investment plan to use EU cohesion policy funds worth €449.4m allocated to the country when it joined the EU on 1st July 2013. The National Strategic Reference Framework (NSRF) prepared by the … Read the full press release

VR LEASING setzt Umbau konsequent fort

VR LEASING setzt Umbau konsequent fort • VR LEASING schreibt im 1. Halbjahr 2013 wieder schwarze Zahlen • Russische Tochtergesellschaft FB-LEASING verkauft • Neustrukturierung im Inland schreitet voran Eschborn, 23-8-2013 — /EuropaWire/ — Im Zuge ihrer 2011 eingeleiteten strategischen Neuausrichtung und der Fokussierung … Read the full press release

Russia’s flagship airline Aeroflot released H1-2013 financial results in accordance with Russian Accounting Standards (RAS)

Moscow, 23-8-2013 — /EuropaWire/ — JSC “Aeroflot” summed up financial results for the first 6 months of 2013 in accordance with Russian Accounting Standards (RAS). Income statement Revenue of JSC “Aeroflot” in the first 6 months of 2013 totaled 92.014 bln rub., … Read the full press release

Veniturile UPC Romania au crescut cu peste 5% in T2 2013 comparativ cu aceeasi perioada a anului trecut

23-8-2013 — /EuropaWire/ — In trimestrul al doilea al acestui an, UPC Romania a inregistrat venituri de 34,3 milioane USD, ceea ce reprezinta o crestere cu 5,1% fata de 32,6 milioane USD in trimestrul al doilea al anului trecut. In lei, veniturile companiei in … Read the full press release

NORD/LB Landesbank expands further its corporate banking activities across Saxony-Anhalt

23-8-2013 — /EuropaWire/ — NORD/LB Landesbank for Saxony-Anhalt has further expanded its business with customers in the SME sector, and 2012 saw the bank’s financing volume in corporate banking up by 3.4 percent to EUR 1,879 million (2011: EUR 1,817 million). The … Read the full press release

Cairn Energy PLC released H1-2013 report

23-8-2013 — /EuropaWire/ — “Exploration programme offering material growth potential” Simon Thomson, Chief Executive, Cairn Energy PLC said: “Cairn commences a 12 month multi-well high impact frontier exploration programme in September that will offer shareholders sustained exposure to material growth potential. The … Read the full press release

Fitch atorga a Morabanc un ràting d’A-

23-8-2013 — /EuropaWire/ — L’agència de qualificació de riscos Fitch ha avaluat per primera vegada l’entitat bancària MoraBanc i ha situat la seva qualificació del deute a llarg termini en A-, una nota similar a la d’altres entitats del país. En un … Read the full press release

Basilea announced improved operating results in its H1-2013 financials

Continued improvement in financial performance Cash and short-term investments of CHF 262.8 million Guidance on isavuconazole phase 3 topline data and ceftobiprole regulatory decision in Europe maintained for H2 2013 Significant agreement with BARDA of up to USD 89 million … Read the full press release

The European Investment Bank to provide $230M for investment in hydropower, wind, geothermal and photovoltaic renewable energy schemes across Central America

22-8-2013 — /EuropaWire/ — The European Investment Bank (EIB), Europe’s long-term lending institution, has agreed to provide USD 230 million backing to support investment in hydropower, wind, geothermal and photovoltaic renewable energy schemes across Central America. The joint programme with the Central … Read the full press release

The European Commission approved German Norddeutsche Landesbank Girozentrale’s restructuring plan under State aid rules

22-8-2013 — /EuropaWire/ — The European Commission has concluded that additional commitments provided by Germany in the context of the restructuring of NORD/LB ensure that the State aid granted to the bank remains compatible with the internal market. This remains the case after … Read the full press release

Vestas Wind Systems A/S sees its free cash flow improved by €535M in Q2 2013

22-8-2013 — /EuropaWire/ — Interim financial report, second quarter 2013 Summary Two-year turnaround continues according to plan. Free cash flow improved by EUR 535m and outlook upgraded to at least EUR 200m. Positive EBIT result despite 26 per cent lower revenue. Anders … Read the full press release

Nucleus Financial Group appointed Mike Seddon chairman of its influential advisory board

21-8-2013 — /EuropaWire/ — Nucleus, the adviser influenced wrap platform, has announced the appointment of Mike Seddon as chairman of its influential advisory board. The Nucleus advisory board, which has been in place since the business was launched in 2006 and which … Read the full press release

Porsche Lizenz- und Handelsgesellschaft mbH & Co. KG (Porsche Design Group) announced 20% sales growth in H1-2013

Sales up by more than 20 per cent for the first half of 2013 Stuttgart, 21-8-2013 — /EuropaWire/ — The global business activities of the Porsche Design Group (Porsche Lizenz- und Handelsgesellschaft mbH & Co. KG) continued to develop at a consistently positive … Read the full press release