Search Results for: shareholders

ANDRITZ Reports Record-Breaking Financial Performance for 2023, Projects Growth in 2024

Posted on 29, February 2024 by

(IN BRIEF) International technology conglomerate ANDRITZ has announced unprecedented financial achievements for the fiscal year 2023, marking a second consecutive year of record highs. The company reported a remarkable surge in revenue, net income, and EBITA, reaching 8.7 billion EUR, … Read the full press release →

Posted in Austria, Business, Economy, Financial, Industrial, Investment, Management, News, Technology

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Schroders Tops Forest 500 Assessment for Second Consecutive Year, Urgent Action Needed on Deforestation

Posted on 29, February 2024 by

(IN BRIEF) Schroders celebrates its recognition as the leading financial institution in Global Canopy’s Forest 500 annual assessment, reaffirming its commitment to addressing deforestation in investment operations and supply chains. The report, evaluating companies and financial institutions across key commodities, … Read the full press release →

Posted in Awards, Business, Economy, Environment, Financial, Industrial, Investment, Management, News, United Kingdom

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San Francisco Retains Top Spot in Schroders’ Global Cities Index, London Climbs to Second Place

Posted on 29, February 2024 by

(IN BRIEF) San Francisco maintains its leading position in Schroders’ Global Cities Index for the second consecutive year, driven by the resilience of its tech sector despite social challenges. London ascends to second place, surpassing its 2023 ranking, despite slower … Read the full press release →

Posted in Awards, Business, Economy, Financial, Industrial, Insurance, Investment, Management, News, United Kingdom

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Ahold Delhaize Releases 2023 Annual Report: Demonstrates Resilience and Commitment to Sustainability

Posted on 29, February 2024 by

(IN BRIEF) Ahold Delhaize unveils its 2023 Annual Report, highlighting its financial and non-financial performance amidst challenging circumstances. The report underscores the company’s dedication to creating value for customers and communities while advancing towards a healthier and sustainable food system. … Read the full press release →

Posted in Business, Commodities, Economy, Environment, Financial, Food & Beverage, Industrial, Investment, Management, Netherlands, News, Retail

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Holcim Surpasses Expectations with Record-Breaking 2023 Results, Achieving Strategy 2025 Milestones Ahead of Schedule

Posted on 29, February 2024 by

(IN BRIEF) Holcim, a global leader in building materials, has reported stellar financial results for the full year of 2023, with net sales reaching CHF 27.009 billion and recurring EBIT hitting CHF 4.76 billion. These figures represent an organic growth … Read the full press release →

Posted in Business, Construction, Environment, Financial, Industrial, Infrastructure & Utilities, Investment, Management, News, Switzerland

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Barclays’ Omar Faruqui Appointed Director General of UK Takeover Panel

Posted on 28, February 2024 by

(IN BRIEF) Omar Faruqui, Barclays’ Co-Head of M&A for Europe, Middle East, and Africa, has been appointed as the Director General of the UK Takeover Panel, commencing a two-year secondment from Barclays starting May 1, 2024. The UK Takeover Panel, … Read the full press release →

Posted in Banks, Business, Economy, Financial, Industrial, Investment, Management, News, United Kingdom

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Naturgy Demonstrates Resilience with 20% Increase in Net Profit for 2023

Posted on 27, February 2024 by

(IN BRIEF) Naturgy, a prominent energy group, announced strong financial results for 2023 despite challenging market conditions. Their EBITDA increased by 11%, reaching 5,475 million euros, with a 20% rise in net profit to 1,986 million euros. The company heavily … Read the full press release →

Posted in Business, Energy, Gas & Oil, Industrial, Infrastructure & Utilities, Management, Spain

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Plenitude’s New Ravenna Ponticelle Photovoltaic Plant Energizes Industrial Regeneration

Posted on 26, February 2024 by

(IN BRIEF) Plenitude, Eni’s Benefit Corporation focusing on renewable energy production and energy solutions, announces the operational status of the Ravenna Ponticelle photovoltaic plant, boasting a 6 MW installed capacity. Situated on 11 hectares of industrial land, the plant features … Read the full press release →

Posted in Business, Energy, Gas & Oil, Environment, Financial, Industrial, Infrastructure & Utilities, Investment, Italy, Management, News, Technology

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Infineon Technologies AG Concludes 24th Annual General Meeting with Shareholder Resolutions and New Board Appointments

Posted on 24, February 2024 by

(IN BRIEF) Infineon Technologies AG recently wrapped up its 24th Annual General Meeting, conducted virtually and publicly broadcasted on the company’s website. Shareholders participated live, engaging in discussions and posing questions. Among the key outcomes, shareholders approved a dividend payment … Read the full press release →

Posted in Business, Financial, Germany, Industrial, Investment, Management, News, Technology

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President Nadia Calviño Outlines Ambitious Strategy for EIB Group at Informal Ecofin Meeting

Posted on 24, February 2024 by

(IN BRIEF) During an informal Economic and Financial Affairs Council (Ecofin) meeting in Ghent, President Nadia Calviño of the European Investment Bank (EIB) shared an ambitious vision for the institution’s future. Emphasizing the importance of supporting Europe’s leadership in the … Read the full press release →

Posted in Banks, Belgium, Business, Economy, Environment, Financial, Government, Industrial, Investment, Luxembourg, Management, Media, News, Small Business, Technology

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ABB Announces Annual General Meeting 2024: Key Details and Agenda Revealed

Posted on 23, February 2024 by

(IN BRIEF) ABB has released an invitation to its Annual General Meeting (AGM) scheduled for March 21, 2024, at 10:00 a.m. The meeting will take place at Halle 550, Birchstrasse 150, 8050 Zurich, Switzerland, and will also be broadcast online. … Read the full press release →

Posted in Business, Economy, Financial, Industrial, Investment, Management, Media, News, Switzerland, Technology

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Anglo American Acquires Vale’s Serpentina Iron Ore Resource for Integration into Minas-Rio Mine

Posted on 22, February 2024 by

(IN BRIEF) Anglo American plc announces its acquisition of Vale SA’s high-quality iron ore resource, Serra da Serpentina, to integrate it into its Minas-Rio mine in Brazil. This transaction, facilitated by Vale’s contribution of Serpentina and cash, enables Anglo American … Read the full press release →

Posted in Business, Environment, Financial, Government, Industrial, Investment, Management, Metals and Minerals, News, United Kingdom

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Schroders Solutions Guides Vector Pension Scheme to £114 Million Bulk Annuity Buy-In

Posted on 22, February 2024 by

(IN BRIEF) Vector Pension Scheme, a client of Schroders Solutions, has completed a £114 million bulk annuity buy-in with Standard Life, securing retirement benefits for its 1,800 members. Schroders Solutions, with its vast global capability, collaborated closely with Vector Pension … Read the full press release →

Posted in Business, Financial, Insurance, Management, United Kingdom

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Saint-Gobain Proposes Acquisition of CSR Limited, Furthering Global Expansion in Sustainable Construction

Posted on 22, February 2024 by

(IN BRIEF) Saint-Gobain has formally approached the Board of CSR Limited, a prominent Australian building materials company, with a non-binding indicative offer to acquire all of CSR’s issued share capital through a scheme of arrangement at A$9.00 cash per share. … Read the full press release →

Posted in Business, Construction, Environment, Financial, France, Government, Industrial, Infrastructure & Utilities, Investment, Management, News

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Novo Nordisk Announces Annual General Meeting Date and Proposals for Board Re-election

Posted on 22, February 2024 by

(IN BRIEF) Novo Nordisk A/S has announced the date for its Annual General Meeting, scheduled for Thursday, March 21, 2024, at 14:00 CET. The meeting will be held partially electronically, allowing shareholders to participate either in person at Bella Center … Read the full press release →

Posted in Business, Denmark, Healthcare, Industrial, Management, Media, News, Pharma & Biotech, Science, Technology

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Skanska AB Sets Agenda for Upcoming Annual General Meeting

Posted on 21, February 2024 by

(IN BRIEF) Skanska AB (publ), a leading construction and development company, has announced its Annual General Meeting (AGM) scheduled for March 27, 2024, in Stockholm, Sweden. Shareholders are invited to attend or vote by proxy, with key agenda items including … Read the full press release →

Posted in Business, Construction, Industrial, Infrastructure & Utilities, Management, Sweden

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Fresenius Projects Robust Earnings Growth in 2024 Following Successful 2023

Posted on 21, February 2024 by

(IN BRIEF) Fresenius had a strong finish in 2023, with a robust fourth quarter performance. They project accelerated earnings growth in 2024 due to the momentum from their #FutureFresenius initiatives. Achieving their raised outlook for FY/23, the company saw continued … Read the full press release →

Posted in Business, Financial, Healthcare, Investment, Management

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Accenture Boosts AI-Powered Customer Insights with GemSeek Acquisition

Posted on 20, February 2024 by

(IN BRIEF) Accenture (NYSE: ACN) has announced its acquisition of GemSeek, a prominent player in customer experience analytics, as part of its ongoing investment in data and AI capabilities through Accenture Song. GemSeek, founded in 2011, brings advanced analytics expertise … Read the full press release →

Posted in Bulgaria, Business, Environment, Financial, Government, Industrial, Investment, Ireland, Management, Marketing, News, Technology

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Philips Nominates New Members to Supervisory Board, Continues Focus on Healthcare Innovation

Posted on 20, February 2024 by

(IN BRIEF) Royal Philips, a prominent player in health technology, proposes the re-appointment of Chairman Feike Sijbesma and Peter Löscher to its Supervisory Board, along with the appointment of Benoît Ribadeau-Dumas as a new member. The nominations, to be voted … Read the full press release →

Posted in Business, Healthcare, Industrial, Management, Netherlands, News, Technology

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Swiss Re Reports Strong Financial Performance and Plans for Growth in 2024

Posted on 16, February 2024 by

(IN BRIEF) Swiss Re has announced impressive financial results for 2023, reporting a net income of USD 3.2 billion and a return on equity of 22.3%. The company’s Property & Casualty Reinsurance (P&C Re), Life & Health Reinsurance (L&H Re), … Read the full press release →

Posted in Business, Economy, Financial, Industrial, Insurance, Investment, Management, News, Switzerland

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NatWest Group Names Paul Thwaite as CEO, Aims for Future Growth

Posted on 16, February 2024 by

(IN BRIEF) NatWest Group plc has announced the appointment of Paul Thwaite as Group Chief Executive Officer and Executive Director, effective immediately. Thwaite, who initially took on the role on a 12-month basis in July 2023, has been recognized for … Read the full press release →

Posted in Banks, Business, Financial, Industrial, Investment, Management, News, United Kingdom

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Eni Successfully Wraps Up Cronos-2 Well Appraisal in Offshore Cyprus

Posted on 15, February 2024 by

(IN BRIEF) Eni has completed the Cronos-2 well appraisal in Block 6, offshore Cyprus, confirming a production capacity exceeding 150 MMSCFD. The well aimed to assess the extension and reservoir characteristics of the Cronos gas discovery, proving hydraulic communication and … Read the full press release →

Posted in Business, Energy, Gas & Oil, Industrial, Italy

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Stellantis Approves €3 Billion Share Buyback Program to Enhance Shareholder Value

Posted on 15, February 2024 by

(IN BRIEF) Stellantis has announced the approval of a share buyback program worth up to €3 billion, reflecting the company’s robust financial position and commitment to delivering value to shareholders. The program, to be executed on the market, will involve … Read the full press release →

Posted in Automotive, Business, Financial, Industrial, Investment, Management, Netherlands, News

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Stellantis Achieves Record Financial Performance in 2023, Proposes Increased Dividend and Share Buyback

Posted on 15, February 2024 by

(IN BRIEF) Stellantis N.V. has announced its exceptional full-year 2023 results, with net revenues soaring to €189.5 billion, a 6% increase year-on-year, accompanied by a remarkable 11% rise in net profit to €18.6 billion. The company also reported a substantial … Read the full press release →

Posted in Automotive, Business, Financial, Industrial, Investment, Management, Netherlands, News

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thyssenkrupp’s Fiscal Performance Aligned with Expectations Despite Market Challenges

Posted on 15, February 2024 by

(IN BRIEF) thyssenkrupp’s operational performance in the first quarter of the 2023/2024 fiscal year remained steady amidst a challenging market landscape. With order intake at €8.0 billion and sales at €8.2 billion, the company faced economic effects leading to declines, … Read the full press release →

Posted in Business, Economy, Financial, Germany, Industrial, Infrastructure & Utilities, Investment, Management, Metals and Minerals, News

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ABN AMRO Bank Reports Strong Q4 Performance and Sets Ambitious Financial Targets for 2026

Posted on 15, February 2024 by

(IN BRIEF) ABN AMRO Bank concludes Q4 2023 with a net profit of EUR 545 million, showcasing continued high net interest income and impairment releases. The bank’s strategic focus on digital transformation and sustainable finance regulation contributed to these results. … Read the full press release →

Posted in Banks, Business, Economy, Financial, Industrial, Investment, Management, Netherlands, News

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ABN AMRO Launches €500 Million Share Buyback Program to Enhance Capital Structure

Posted on 15, February 2024 by

(IN BRIEF) ABN AMRO announces the commencement of its third share buyback program, with plans to repurchase depositary receipts and ordinary shares of ABN AMRO Bank N.V. worth up to €500 million. The buyback, approved by the ECB, aims to … Read the full press release →

Posted in Banks, Business, Economy, Financial, Industrial, Investment, Management, Netherlands, News

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Vaisala Corporation Calls for Annual General Meeting to Discuss Key Agenda Items

Posted on 14, February 2024 by

(IN BRIEF) Vaisala Corporation has announced its Annual General Meeting, scheduled for Tuesday, March 26, 2024, at the company headquarters in Vantaa, Finland. The meeting agenda includes various crucial matters such as the election of board members, adoption of financial … Read the full press release →

Posted in Business, Financial, Finland, Industrial, Investment, Management, Media, News

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Vaisala Introduces Performance Share Plan to Drive Long-Term Growth and Employee Commitment

Posted on 14, February 2024 by

(IN BRIEF) Vaisala’s Board of Directors greenlights a Performance Share Plan aimed at supporting the company’s growth strategy and aligning the interests of shareholders and key employees for long-term value creation. The plan, spanning from 2024 to 2026, offers potential … Read the full press release →

Posted in Business, Financial, Finland, Industrial, Investment, Management, News, Technology

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Glencore PLC Implements Care and Maintenance Plan for Koniambo Nickel SAS

Posted on 12, February 2024 by

(IN BRIEF) The shareholders of Koniambo Nickel SAS (KNS), including Société Minière du Sud Pacifique SA (SMSP) and Glencore plc, have decided to transition KNS into care and maintenance due to high operating costs and weak nickel market conditions. Glencore … Read the full press release →

Posted in Business, Industrial, Investment, Metals and Minerals, Switzerland

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European Bank for Reconstruction and Development (EBRD) Appoints Burkhard Kübel-Sorger as Vice President and Chief Financial Officer

Posted on 12, February 2024 by

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has announced the appointment of Burkhard Kübel-Sorger as its new Vice President and Chief Financial Officer (CFO), effective from July 1, 2024. Mr. Kübel-Sorger brings with him a wealth of … Read the full press release →

Posted in Banks, Financial, United Kingdom

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Yara Reports Lower Fourth-Quarter Earnings but Sees Positive Market Trends for 2024

Posted on 10, February 2024 by

(IN BRIEF) Yara, a leading fertilizer company, announced its fourth-quarter financial results, revealing a decline in earnings compared to the previous year due to lower market prices and one-off position effects. Despite this, the company’s EBITDA stood at USD 586 … Read the full press release →

Posted in Agriculture, Business, Chemicals, Economy, Financial, Industrial, Investment, Management, News, Norway

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Barclays Intensifies Climate Commitment with New Climate Change Statement and Transition Finance Framework

Posted on 10, February 2024 by

(IN BRIEF) Barclays reinforces its dedication to addressing climate change by releasing a revised Climate Change Statement and unveiling a Transition Finance Framework. The updated statement outlines stringent measures, including restrictions on financing for certain energy projects and requirements for … Read the full press release →

Posted in Banks, Business, Economy, Energy, Gas & Oil, Environment, Financial, Industrial, Infrastructure & Utilities, Investment, Management, News, United Kingdom

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RWE and PPC Partner to Propel Greek Energy Transition with Massive Solar Projects

Posted on 9, February 2024 by

(IN BRIEF) RWE and PPC, in collaboration through their joint venture company Meton Energy S.A., are accelerating Greece’s energy transition by investing in solar projects with a collective capacity of nearly 1 gigawatt. The final investment decision has been made … Read the full press release →

Posted in Business, Construction, Energy, Gas & Oil, Environment, Financial, Germany, Government, Greece, Industrial, Infrastructure & Utilities, Investment, Management, News

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Generali Partners with TCC to Establish Generali Convention Center Trieste

Posted on 9, February 2024 by

(IN BRIEF) Generali and TCC-Trieste Convention Center have announced a three-year agreement naming the largest multifunctional convention center in northeastern Italy as the Generali Convention Center Trieste. This partnership reflects Generali’s commitment to fostering Trieste’s growth potential by supporting the … Read the full press release →

Posted in Business, Construction, Financial, Industrial, Infrastructure & Utilities, Insurance, Investment, Italy, Management, Media, News, Technology

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Unilever Reports Full Year 2023 Results: Focus on Sustainability and Growth Action Plan

Posted on 8, February 2024 by

(IN BRIEF) Unilever has announced its financial results for the full year 2023, revealing an underlying sales growth of 7.0% driven by positive volumes. Despite challenges such as adverse currency impacts and net disposals, the company achieved a turnover of … Read the full press release →

Posted in Business, Commodities, Environment, Financial, Food & Beverage, Industrial, Investment, Management, News, United Kingdom

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Outokumpu’s Resilience Shines Through: Solid Earnings Despite Challenging Stainless Steel Market

Posted on 8, February 2024 by

(IN BRIEF) Despite facing headwinds in the stainless steel market, Outokumpu Oyj has managed to maintain solid financial performance in 2023. The company’s adjusted EBITDA for the year amounted to EUR 517 million, although experiencing a decline compared to previous … Read the full press release →

Posted in Business, Economy, Financial, Finland, Industrial, Investment, Management, Metals and Minerals, News

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TotalEnergies Proposes 7.1% Dividend Increase for Fiscal Year 2023

Posted on 7, February 2024 by

(IN BRIEF) Following a Board of Directors meeting on February 6, 2024, TotalEnergies has announced its intention to propose a dividend distribution of 3.01 € per share for fiscal year 2023 at the upcoming Shareholders’ Meeting scheduled for May 24, … Read the full press release →

Posted in Business, Energy, Gas & Oil, Financial, Industrial, Infrastructure & Utilities, Investment, Management

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Equinor Unveils Proposed Cash Dividends for Q4 2023: USD 0.35 Ordinary and Extraordinary

Posted on 7, February 2024 by

(IN BRIEF) Equinor (OSE: EQNR, NYSE: EQNR) announces its proposed cash dividends for the fourth quarter of 2023. Shareholders can expect an ordinary cash dividend of USD 0.35 per share, along with an additional extraordinary cash dividend of USD 0.35 … Read the full press release →

Posted in Business, Energy, Gas & Oil, Financial, Industrial, Infrastructure & Utilities, Investment, Management, Norway

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Equinor Posts Robust Q4 Earnings of USD 8.68 Billion Amid Strategic Growth Moves

Posted on 7, February 2024 by

(IN BRIEF) Equinor, a leading energy provider, reported strong financial results for the fourth quarter of 2023, recording adjusted earnings of USD 8.68 billion and USD 1.88 billion after tax. The quarter saw significant operational achievements, including a 2.1% production … Read the full press release →

Posted in Business, Energy, Gas & Oil, Financial, Industrial, Infrastructure & Utilities, Investment, Management, Norway

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