Emerald Holding: Improving Free Cash Flow Supports Revised Outlook
Seeking Alpha· 2025-08-07 05:02
Core Insights - The article does not provide specific company or industry insights, focusing instead on disclosures and disclaimers related to investment positions and advice [1][2] Group 1 - There are no stock, option, or similar derivative positions held by the analyst in any mentioned companies, nor plans to initiate such positions in the next 72 hours [1] - The article expresses personal opinions of the author and does not reflect the views of Seeking Alpha as a whole [2] - Seeking Alpha's analysts include both professional and individual investors who may not be licensed or certified by any regulatory body [2]
SBM Offshore Half Year 2025 Earnings
GlobeNewswire News Room· 2025-08-07 05:01
Amsterdam, August 7, 2025 Highlights Increase in full year 2025 Directional1 revenue guidance from above US$4.9 billion to above US$5.0 billion Increase in full year 2025 Directional EBITDA guidance from around US$1.55 billion to above US$1.6 billion 26% increase in year-to-date Directional revenue of US$2.3 billion; 10% increase in Directional EBITDA of US$682 millionFirst oil for FPSOs Almirante Tamandaré and Alexandre de GusmãoFPSO ONE GUYANA on charter, preparing for first oilFPSO GranMorgu operations a ...
2025 6 months and II quarter consolidated unaudited interim report
Globenewswire· 2025-08-07 05:00
COMMENTARY FROM MANAGEMENT Merko Ehitus generated revenue of EUR 83 million in the second quarter of 2025 and EUR 168 million in the first half of the year. Net profit for Q2 amounted to EUR 11.2 million, while net profit for the six-month period was EUR 21.7 million. The share of real estate development in revenue and profit increased in the second quarter. Merko launched the construction and sale of 723 new apartments in the first half of the year, most of them in Vilnius, where the real estate market rem ...
NORBIT - Invitation to presentation of NORBIT's second quarter and half-year result, 14 August 2025
Globenewswire· 2025-08-07 05:00
Trondheim, Norway, 7 August 2025: NORBIT, a global provider of tailored technology to carefully selected applications, will announce its results for the second quarter of 2025 on Thursday 14 August 2025. The interim report for the first half-year and the presentation material will be available from 07:00 am CEST at the company's homepage, www.norbit.com and Oslo Stock Exchange's news site, www.newsweb.no (http://www.newsweb.no). CEO Per Jørgen Weisethaunet and CFO Per Kristian Reppe will present the results ...
Elis continues its growth strategy in Ireland with the signing of the acquisition of OCL
Globenewswire· 2025-08-07 05:00
Saint-Cloud, August 7, 2025 – Elis, the global leader in circular services at work, today announces the signature of an agreement to acquire 100% of O.C.L. Laundry Services Limited (OCL) in Ireland. The closing of the transaction is subject to standard regulatory conditions. OCL operates an industrial laundry in Ballinrobe (Co. Mayo) in the Western part of the country, and services Hospitality customers. The company currently employs 170 people and delivered revenue of c. 17 million euros in 2024. About Eli ...
ForFarmers results for the first half of 2025: Volume rises to 5.2 million tonnes, profitability remains strong
Globenewswire· 2025-08-07 05:00
Core Insights - ForFarmers reported strong results for the first half of 2025, with a total volume increase to 5.2 million tonnes and robust profitability [1][6] - The company is expanding its market positions through strategic initiatives, including a joint venture in Germany and the acquisition of Van Triest Veevoeders [1][6] - Sustainability efforts are being prioritized, focusing on reducing CO2 emissions and promoting circularity through co-products [2] Financial Performance - Total volume increased by 21.3% compared to H1 2024, driven by the acquisition and joint venture consolidation, with a like-for-like growth of 2.4% [6] - Compound feed volume rose by 5.4%, with a like-for-like growth of 0.5% [6] - Gross profit increased by 16.8% to €290.8 million, with contributions from all clusters [6] - Underlying EBITDA and EBIT saw significant increases of 42.7% and 57.7%, respectively, compared to the same period last year [6] - Underlying net profit attributable to shareholders rose by 46.3% to €23.4 million [6] - Net cash flow from operating activities grew to €63.8 million, up from €25.5 million in H1 2024, allowing for a reduction in net debt [6] - ROACE on underlying EBIT improved from 10.7% as of June 30, 2024, to 14.3% as of June 30, 2025 [6] Market Position and Strategy - ForFarmers is a leading player in Europe with sales of approximately 10 million tonnes of animal feed [5] - The company has production facilities in the Netherlands, Germany, Poland, and the United Kingdom, and exports to various countries [5] - The reorganization in the United Kingdom has been completed, resulting in substantial profitability improvements [6]
KBC Group: Second-quarter result of 1 018 million euros
Globenewswire· 2025-08-07 05:00
KBC Group – overview (consolidated, IFRS)2Q20251Q20252Q20241H20251H2024Net result (in millions of EUR)1 0185469251 5641 431Basic earnings per share (in EUR)2.501.322.253.823.44Breakdown of the net result by business unit (in millions of EUR) <td style="width:85px;;border-bottom: solid black 1pt ; text-align: righ ...
Sandoz delivers strong H1 2025 results, with accelerated sales growth in the second quarter
GlobeNewswire News Room· 2025-08-07 05:00
Ad hoc announcement pursuant to art. 53 SIX Swiss Exchange Listing Rules MEDIA RELEASE Basel, August 7, 2025 – Sandoz (SIX: SDZ; OTCQX: SDZNY), the global leader in generic and biosimilar medicines, today presents its financial results for the first half of 2025. Growth in this document is shown at constant currencies (CC)[1] unless stated otherwise. FINANCIAL RESULTS H1 2025H1 2024changeUSD mUSD mUSD %CC %CGR %[2] Net sales5,2325,0474%4%6% Generics3,7363,7041%1%2% Biosimilars1,4961,34311%12%17% ...
2025 II quarter and 6 months consolidated interim report (unaudited)
Globenewswire· 2025-08-07 05:00
The Estonian economy continues to grow slowly, with the latest forecasts estimating annual economic growth at 1.2%. The construction market is showing signs of stabilisation. Within the buildings segment, there are indications of a slight increase in orders from the private sector. Public sector volumes are being supported by orders from local governments and the Estonian Centre for Defence Investment. The infrastructure segment is also being supported by the volume of Rail Baltica works this year, whereas ...
GAM Holding AG announces first half 2025 results
GlobeNewswire News Room· 2025-08-07 05:00
Core Insights - GAM Holding AG is now fully focused on growth with new investment partnerships and leadership in place, marking a significant transformation in its business strategy [1][6][20] Financial Performance - The underlying pre-tax loss for H1 2025 was CHF 34.1 million, slightly higher than the CHF 33.2 million loss in H1 2024, primarily due to lower net fee and commission income [4] - GAM reported an IFRS net loss after tax of CHF 40.7 million, which includes CHF 6.3 million of reorganisation and other charges [7] - Assets under Management (AuM) stood at CHF 12.7 billion as of 30 June 2025, down from CHF 16.3 billion at the end of 2024, with outflows driven by changes in the European Equity investment team [16][17] Strategic Initiatives - GAM has completed its transformation and is entering a new phase focused on sustainable growth, innovation, and client-centric excellence [6] - The company has enhanced its investment platform with the establishment of a new European Equity team and partnerships with Swiss Re and Gramercy for Cat Bond strategies and Emerging Market Debt strategies, respectively [12][16] - GAM's distribution leadership has been strengthened with new senior hires and the return of Tim Rainsford as Group Chief Distribution Officer [12] Investment Performance - GAM continues to deliver strong investment performance, with 73% of Investment Management AuM outperforming their three-year benchmark and 74% outperforming their five-year benchmark as of 30 June 2025 [10][14] - GAM has also outperformed its peer group, with 55% of Investment Management AuM outperforming their three-year Morningstar peer group and 76% outperforming their five-year peer group [14][15] Awards and Recognition - GAM has received multiple awards, including LSEG Lipper's 2025 Best Overall Investment Group across Europe over three years and the PAM Award 2025 for Investment Performance – Growth Portfolios [12]