Tag Archives: Financial

March 26, 2024: Ahold Delhaize Repurchased 255,145 Shares as Part of €1 Billion Buyback Program

(IN BRIEF) Ahold Delhaize announces the repurchase of 255,145 common shares between March 18 and March 22, 2024, at an average price of €27.18 per share, totaling €6.9 million. This transaction is part of the €1 billion share buyback program … Read the full press release

Hannover Re Unveils Dedicated Cyber and Digital Business Unit for Enhanced Reinsurance Expertise

(IN BRIEF) Hannover Re announces the establishment of a new specialty reinsurance business unit, effective April 1, 2024, aimed at consolidating its global operations in cyber and digital domains to bolster underwriting proficiency. Led by Stefan Sperlich, the unit will … Read the full press release

NIRAS Reports Record Earnings and Steady Growth, Sets Ambitious Goals for Future

(IN BRIEF) NIRAS, a leading consultancy firm, has announced its robust annual results for 2023, boasting record earnings (EBITA) of DKK 167 million and a commendable organic growth rate exceeding 10%. Despite challenging market conditions marked by inflation and global … Read the full press release

Dutch Government Grants Major Funding for Cybersecurity Research Project

(IN BRIEF) The Dutch government has allocated substantial funding to the ‘Challenges in Cyber Security’ project, recognizing the critical need for coordinated scientific research in cybersecurity. Led by Prof. Tanja Lange of TU/e, the project aims to address foundational issues … Read the full press release

Wienerberger Reports Strong Performance and Strategic Acquisitions in 2023

(IN BRIEF) Despite economic challenges, Wienerberger had a successful business year in 2023, boasting revenues of €4.2 billion and operating EBITDA of €811 million. The company’s resilience is attributed to its robust performance in infrastructure and renovation sectors, along with … Read the full press release

Government Funds Stagecoach for Zero-Emission Buses: A Green Transit Revolution

(IN BRIEF) Stagecoach, the UK’s leading bus and coach operator, applauds the government’s investment of £143 million to introduce more zero-emission buses across England through the Zero Emission Bus Regional Areas (ZEBRA) scheme. Transport Secretary Mark Harper announced the funding … Read the full press release

Louis Dreyfus Company Releases First Integrated Report: Highlights Financial Performance and Sustainable Progress

(IN BRIEF) Louis Dreyfus Company B.V. (LDC) has unveiled its inaugural integrated report, presenting a comprehensive overview of its financial performance and sustainability initiatives for the year ended December 31, 2023. Despite challenges posed by geopolitical tensions and climate-related disruptions, … Read the full press release

LPKF Laser & Electronics SE Reports Stable Revenue and EBIT Amidst Market Challenges

(IN BRIEF) LPKF Laser & Electronics SE disclosed its financial performance for the fiscal year, registering a revenue of EUR 124.3 million and an EBIT of EUR 3.7 million, slightly lower than the previous year’s figures. Despite facing challenges such … Read the full press release

Douglas AG Enters Prime Standard of Frankfurt Stock Exchange

(IN BRIEF) Douglas AG (ISIN: DE000BEAU7Y1) marks a significant milestone as it joins the Prime Standard of the Frankfurt Stock Exchange, commencing trading with an initial listing price of EUR 25.50. The company’s IPO, led by Citigroup, Goldman Sachs, and … Read the full press release

Navigating Tomorrow: MAPFRE Explores Four Scenarios for Society Embracing Generative AI

(IN BRIEF) MAPFRE, a prominent insurance company, delves into the potential societal impacts of Generative Artificial Intelligence (Generative AI) by outlining four plausible scenarios for 2029. These scenarios range from a transformational society with ubiquitous Generative AI adoption to a … Read the full press release

SIX Bolsters Global Benchmark Platform Through Strategic Investment in BITAv

(IN BRIEF) SIX, a prominent financial information provider, has announced a strategic investment in BITA, a leading indexing technology and services provider, alongside existing shareholders ETFS Capital, Volta Ventures, and Pamica NV. Recognizing the increasing demand for customizable investment solutions, … Read the full press release

ProCredit Group Reports Strong Financial Performance for 2023, Focuses on Sustainable Growth

(IN BRIEF) ProCredit Group, predominantly active in South Eastern and Eastern Europe, unveils a robust financial performance for the year 2023, reporting a net profit of EUR 113.4 million with a return on equity (RoE) of 12.2%. Operating income surged … Read the full press release

ProCredit Group’s Sustainable Growth: Impact Report 2023 Reveals Climate Commitment and Social Progress

(IN BRIEF) ProCredit Group, with a focus on South Eastern and Eastern Europe, unveils its Impact Report for the 2023 financial year, showcasing its robust commitment to sustainability. The report highlights achievements such as the inauguration of the “ProEnergy” solar … Read the full press release

ABN AMRO MeesPierson Ups Equity Position Amidst Optimistic Economic Outlook

(IN BRIEF) ABN AMRO MeesPierson, the private bank, announces a shift in its equity weighting from neutral to slightly overweighted, citing a more favorable macroeconomic landscape and the potential for interest rate cuts. Chief Investment Strategist Ralph Wessels highlights the … Read the full press release

Fugro Initiates €42.8 Million Share Repurchase Program to Fulfill Employee Share Programs

(IN BRIEF) Fugro has announced the commencement of a share repurchase program, aiming to buy back 2 million of its ordinary shares to fulfill obligations under its employee share programs. Scheduled to begin on March 20, 2024, and anticipated to … Read the full press release

Ericsson and Juniper Research Release Groundbreaking Report on Mobile Financial Services Growth

(IN BRIEF) Ericsson, in collaboration with Juniper Research, presents the report “What Will Drive Mobile Financial Services’ Growth?”, offering comprehensive insights into the trajectory of Mobile Financial Services (MFS) and its transformative potential for Mobile Network Operators (MNOs) worldwide. The … Read the full press release

Ahold Delhaize Repurchased 704,412 Shares as Part of €1 Billion Buyback Program

(IN BRIEF) Ahold Delhaize announces the repurchase of 704,412 common shares between March 11, 2024, and March 15, 2024, as part of its €1 billion share buyback program initiated on November 8, 2023. The shares were bought at an average … Read the full press release

BBVA’s Successful €1 Billion Green Bond Issue Exceeds Demand

(IN BRIEF) BBVA’s issuance of a €1 billion seven-year green senior preferred bond on Friday garnered overwhelming demand, reaching €3.3 billion, indicating investor confidence in the bank’s sustainability initiatives. The final price was set at mid-swap plus 90 basis points, … Read the full press release

BBVA Shareholders Overwhelmingly Approve Agenda Items at Annual General Meeting

(IN BRIEF) BBVA shareholders demonstrated strong support for agenda items during the Annual General Meeting, with corporate management receiving 98.2 percent of votes and a historic quorum of 71 percent. Shareholders endorsed the appointment of Enrique Casanueva and Cristina de … Read the full press release

EQT Reflects on Strong Performance and Global Expansion in Annual Report

(IN BRIEF) EQT, a leading investment firm, reviews its accomplishments in the past year, highlighting the successful integration of BPEA into EQT Private Capital Asia, the establishment of new strategies for individual investors, and increased investment activity despite market uncertainties. … Read the full press release