Category Archives: Financial

Financial Press Releases & News distributed via EuropaWire

Royal DSM repurchased 346.038 of its own shares between 15 and 21 November 2013 at average price of €59.06

Heerlen, Netherlands, 22-11-2013 — /EuropaWire/ — Royal DSM, the global Life Sciences and Materials Sciences company, has repurchased 346.038 of its own shares in the period from 15 November 2013 up to and including 21 November 2013 at an average price of €59.06. This … Read the full press release

Royal DSM and JLL Partners merge DSM Pharmaceutical Products and Patheon Inc. into new company in USD 2.6 billion transaction

Global CDMO company combines DSM Pharmaceutical Products and Patheon Heerlen, Netherlands, 22-11-2013 — /EuropaWire/ — JLL Partners (“JLL”), a leading middle-market private equity firm, and Royal DSM, the global Life Sciences and Materials Sciences company, today announced the creation of a new … Read the full press release

SLOVNAFT Group reported 7% year-on-year increase in nine-month net sales to EUR 3.6 billion

Results positively affected by higher exports and company cost-cutting Production of gasoline, diesel fuel and petrochemicals rise Construction officially launched of new polyethylene production line Bratislava, Slovakia, 21-11-2013 — /EuropaWire/ — SLOVNAFT Group has reported a 7% year-on-year increase in nine-month net … Read the full press release

CEPSA Group reports €236.2 million accumulated net income in first 9 months of 2013, down 55% YoY

Dwindling refining margins and the slump in domestic consumer demand negatively impacted results in the third quarter. Capital expenditures in January-September 2013 amounted to €686 million. Madrid, Spain, 21-11-2013 — /EuropaWire/ — Accumulated net income for the CEPSA Group at September 30, 2013, on … Read the full press release

K+S Group released Q3 2013 results, lower revenues and earnings

Global potash market characterised by considerable uncertainty and by decreasing international potash prices in the quarter under review Potash and Magnesium Products business unit therefore with lower average price level Salt business sales volume a good 9% above the previous … Read the full press release

Actividades de Construcción y Servicios, S.A. (ACS) reports €548 million net profit in the first nine months of 2013

Madrid, Spain, 19-11-2013 — /EuropaWire/ — Sales stand at 28,045 Euro million, 85.1% of them from abroad. Consolidated Results Sales in the period accounted for 28,045 Euro million, representing a slight decrease of a 1.5% due to the impact of the exchange … Read the full press release

Banco de España’s Executive Commission issued statement on the incompatibility rules for its Governor and Deputy-Governor

Madrid, Spain, 18-11-2013 — /EuropaWire/ — In view of the interest in the incompatibility rules for directors general of the Banco de España, the Executive Commission wishes to clarify the following: 1) The incompatibility rules for the Governor and Deputy-Governor are regulated in … Read the full press release

AF Group reports historically high order backlog in 3Q 2013

Oslo, Norway, 18-11-2013 — /EuropaWire/ — The AF Group has a high level of activity and is performing well. A historically high order backlog give grounds for continued profitable growth. The AF Group reported revenues of NOK 2,534 million (NOK 2,306 million) … Read the full press release

Samsung extended patent license agreement with Nokia for five years, final compensation amount to be settled in arbitration during 2015

Espoo, Finland, 15-11-2013 — /EuropaWire/ — Nokia announced that Samsung has extended a patent license agreement between Nokia and Samsung for five years. The agreement would have expired at the end of 2013. According to the agreement, Samsung will pay additional compensation … Read the full press release

VTB Bank and MultiService Payment System started issuing PAYHD customs cards for electronic payments of all types of duties

VTB Bank and MultiService Payment System have started issuing PAYHD customs cards, which allow users to make electronic or online payments of all types of duties on the same day as the goods clear customs. Moscow, Russia, 14-11-2013 — /EuropaWire/ — PAYHD … Read the full press release

Nordic Aviation Capital leased one ATR 72-500, MSN 658 to MWG Ltd

Nordic Aviation Capital is pleased to confirm that it has leased one ATR 72-500, MSN 658 to MWG Ltd. Billund, Denmark, 14-11-2013 — /EuropaWire/ — Nordic Aviation Capital A/S is a global aircraft leasing company dedicated to the worldwide sale, purchasing and … Read the full press release

adidas Group posts nine months 2013 results – sales stable on currency-neutral basis

Group sales stable on a currency-neutral basis Gross margin grows 2.1 percentage points to 49.8% Operating margin improves 0.4pp to 10.5% Strong momentum in Latin America and Greater China offsets declines in Western Europe and North America Reebok continues to … Read the full press release

Sanofi announces it has successfully priced its €1 billion bonds due 2023 at 2.50%

Paris, France, 12-11-2013 — /EuropaWire/ — Sanofi (EURONEXT: SAN and NYSE: SNY) announces that it has successfully priced its offering of EUR 1 billion of notes, due 2023, bearing interest at an annual rate of 2.50%. The issue is drawn under the Company’s Euro … Read the full press release

EU Ombudsman O’Reilly criticised the over-representation of the “old” EU Member States’ banking industry in European Banking Authority’s new stakeholder group

Brussels, Belgium, 12-11-2013 — /EuropaWire/ — The European Ombudsman, Emily O’Reilly, has criticised the manner in which the European Banking Authority (EBA) selected its key advisory body, the Banking Stakeholder Group. This follows a complaint from UNI Europa, a European trade union federation, … Read the full press release

EU Parliament and Council struck deal on the EU budget for 2014

After negotiating through the night, Parliament and Council struck a deal on the EU budget for 2014, which also provides for remedying payments shortfalls in in the current fiscal year. MEPs ensured that victims of catastrophic flooding and drought in … Read the full press release

Experian and Big Issue Invest partnership Rental Exchange can boost credit ratings for 93 per cent of social housing tenants

Tenants will also find it much easier to prove their identity online Nottingham, UK, 12-11-2013 — /EuropaWire/ — A massive 93 per cent of social housing tenants would receive a welcome boost to their credit ratings if information about their regular rent … Read the full press release

Deutsche Telekom announced it acquired GTS Central Europe for €546 million from consortium of private equity firms

Enhanced ability to provide innovative pan-European cross-border telecommunication services for business customers Acquisition complements Deutsche Telekom’s mobile centric infrastructure in key European markets Strengthened position in the market for multinational customers Bonn, Germany, 11-11-2013 — /EuropaWire/ — Deutsche Telekom is strengthening its … Read the full press release

Investor interested in buying Loewe

Crucial restructuring milestone Specific, written offer Broad acceptance for the strategic realignment Kronach, Germany, 11-11-2013 — /EuropaWire/ — The restructuring of the company Loewe will soon reach its successful conclusion: an initial investor has expressed interest in buying Loewe, and has made … Read the full press release

HUGO BOSS AG reported increased sales and profitability in the first nine months of 2013

 Accelerating growth momentum in Group’s own retail business supports sales expansion in third quarter Rise in sales and significantly higher gross profit margin drive operating profit increase Management forecasts sales and earnings improvements of between 6% and 8% for 2013 as … Read the full press release

Български енергиен холдинг ЕАД приключи предварителното записване на облигационна емисия в размер на 500 милиона евро с падеж ноември 2018 г

София, България, 8-11-2013 — /EuropaWire/ — На 31 октомври 2013 г. Български енергиен холдинг ЕАД успешно приключи предварителното записване на облигационна емисия в размер на 500 милиона евро. Емисията е с падеж ноември 2018 г. След интензивни срещи с инвеститори във Франкфурт, … Read the full press release