Frankfurt

EQS-News: Science Based Targets initiative has validated ProCredit Holding AGs near-term emission reduction targets

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Mittwoch, März 13, 2024

Frankfurt am Main, 08 March 2024 - ProCredit Holding will continue to implement its sustainability strategy and take action to achieve its net-zero commitment by setting its first SBTi-validated near-term science-based targets.

Key Points: 
  • Frankfurt am Main, 08 March 2024 - ProCredit Holding will continue to implement its sustainability strategy and take action to achieve its net-zero commitment by setting its first SBTi-validated near-term science-based targets.
  • In setting its targets for scope 3, the ProCredit group has covered 57% of total investment and lending towards its clients.
  • As was the case with the Net-Zero Banking Alliance (NZBA), ProCredit committed to set targets through the SBTi in 2022.
  • The initiative supports companies in setting science-based emission reduction targets in line with the objectives of the Paris Agreement.

EQS-News: Supervisory Board decides to expand the Management Board of ProCredit Holding AG from 1 April this year

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Mittwoch, März 13, 2024

Frankfurt am Main, 27 February 2024 – The Supervisory Board of ProCredit Holding AG has appointed Mr Christoph Beeck and Mr George Chatzis as members of the Management Board for three years with effect from 1 April 2024.

Key Points: 
  • Frankfurt am Main, 27 February 2024 – The Supervisory Board of ProCredit Holding AG has appointed Mr Christoph Beeck and Mr George Chatzis as members of the Management Board for three years with effect from 1 April 2024.
  • Christoph Beeck (born 1977) has worked for the ProCredit group since 2022, most recently as a member of the Management Board of ProCredit Bank AG in Frankfurt.
  • On the ProCredit Holding Management Board, he will be responsible for Human Resources, Internal Audit, Compliance as well as Administration and Translation.
  • On behalf of the Supervisory Board, I am therefore very pleased to welcome them to the Management Board of ProCredit Holding and wish them every success in their future roles.”
    The other members of the Management Board of ProCredit Holding AG remain unchanged: Hubert Spechtenhauser (Chair), Eriola Bibolli, Christian Dagrosa and Dr Gian Marco Felice.

EQS-News: NEON EQUITY AG: Contribution of MORE-ESG GmbH to AEE Gold AG successfully completed - focus on tokenization and ESG investments

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Mittwoch, März 13, 2024

Frankfurt am Main, March 6, 2024 - NEON EQUITY AG (NEON EQUITY ISIN: DE000A3DW408), a founder-led investor and growth enabler, announces that the contribution of its investment More-ESG GmbH to the listed company AEE Gold AG has now been completed.

Key Points: 
  • Frankfurt am Main, March 6, 2024 - NEON EQUITY AG (NEON EQUITY ISIN: DE000A3DW408), a founder-led investor and growth enabler, announces that the contribution of its investment More-ESG GmbH to the listed company AEE Gold AG has now been completed.
  • The change of name from AEE Gold to More Impact AG will be implemented shortly.
  • NEON EQUITY holds a share of 89.6% in AEE Gold AG.
  • Thomas Olek, CEO of NEON EQUITY: "AEE Gold AG covers a large growth market with its specialization in tokenization and ESG investments.

EQS-News: NEON EQUITY AG establishes high-caliber Impact Advisory Board with renowned ESG experts

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Mittwoch, März 13, 2024

Frankfurt am Main, February 29, 2024 - NEON EQUITY AG (NEON EQUITY ISIN: DE000A3DW408), a founder-led investor and growth enabler, introduces its newly established Impact Advisory Board.

Key Points: 
  • Frankfurt am Main, February 29, 2024 - NEON EQUITY AG (NEON EQUITY ISIN: DE000A3DW408), a founder-led investor and growth enabler, introduces its newly established Impact Advisory Board.
  • One of the aims of the Board is to create new investment opportunities for NEON EQUITY in the field of impact investing.
  • I am delighted to have gained four such renowned ESG experts as initiators, advisors and sparring partners for NEON EQUITY.
  • NEON EQUITY itself will of course also benefit from the in-depth expertise of each individual member of our Impact Advisory Board.

EQS-News: Strong financial year 2023: KION more than doubles adjusted EBIT and margin with outstanding free cash flow

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Mittwoch, März 13, 2024

The Industrial Trucks & Services segment again achieved a double-digit adjusted EBIT margin of 10.0 percent, corresponding to an adjusted EBIT of € 848.5 million (2022: € 420.5 million).

Key Points: 
  • The Industrial Trucks & Services segment again achieved a double-digit adjusted EBIT margin of 10.0 percent, corresponding to an adjusted EBIT of € 848.5 million (2022: € 420.5 million).
  • Following a loss in the previous financial year, the Supply Chain Solutions segment achieved a positive adjusted EBIT margin of
    1.5 percent with an adjusted EBIT of € 44.3 million (2022: € -45.6 million).
  • Free cash flow in 2024 will be in positive territory in line with the expected healthy financial performance but will be below the high free cash flow of the previous year.
  • Adjusted EBIT for ITS is expected to improve to between € 850 million and € 950 million with a double-digit adjusted EBIT margin.

EQS-News: publity AG with expected negative annual result 2023 due to non-cash value adjustments

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Mittwoch, März 13, 2024

March 2024 – publity AG ("publity", ISIN DE0006972508) announces its audited annual figures for 2023 according to HGB accounting and reports a net loss for the year of EUR -236.8 million (FY 2022: EUR -192.5 million).

Key Points: 
  • March 2024 – publity AG ("publity", ISIN DE0006972508) announces its audited annual figures for 2023 according to HGB accounting and reports a net loss for the year of EUR -236.8 million (FY 2022: EUR -192.5 million).
  • This is mainly due to extensive non-cash value adjustments as part of the restructuring of the subsidiary PREOS Global Office Real Estate & Technology AG (see ad hoc disclosure dated November 15, 2023).
  • As of December 31, 2023, total assets amounted to EUR 254.4 million with a correspondingly robust equity ratio of 53.1 %.
  • The 2023 annual financial statements are available at the following link: https://www.publity.org/en/investor-relations-en/#financial-calendar-fin...
    publity invites you to the Annual General Meeting on April 11, 2024.

EQS-News: Heliad AG: Razor Group raises USD 100m and acquires competitor Perch.

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Mittwoch, März 13, 2024

Heliad AG: Razor Group raises USD 100m and acquires competitor Perch.

Key Points: 
  • Heliad AG: Razor Group raises USD 100m and acquires competitor Perch.
  • Razor Group raises USD 100m and acquires competitor Perch.
  • Frankfurt am Main, 7th March 2024 - Razor Group (“Razor”), a portfolio company of Heliad AG (Stock ticker A7A, ISIN DE0001218063), has acquired its US-based E-Commerce aggregator competitor Perch in an all-stock deal and simultaneously announces a USD 100m Series D round, led by Presight Capital.
  • Combined with a focus on technological innovation and product development, Razor positions itself as the leading next-generation brand aggregator.

EQS-News: ProCredit Holding AG raises medium-term RoE outlook in light of the updated group business strategy

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Mittwoch, März 13, 2024

The issuer is solely responsible for the content of this announcement.

Key Points: 
  • The issuer is solely responsible for the content of this announcement.
  • Frankfurt am Main, 12 March 2024 - In light of the update of the group’s business strategy, the Management Board of ProCredit Holding AG decided today to raise the medium-term outlook for the group’s return on equity from around 12% to around 13-14%.
  • The ProCredit group will hold its second Capital Markets Day on March 21st 2024 and in this context will inform on its updated group business strategy as well as on the background of the new medium-term outlook.
  • The ProCredit group Annual Report 2023 and the Impact Report package 2023 will be released on March 20th 2024.

Isabel Schnabel: From laggard to leader? Closing the euro area’s technology gap

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Samstag, Februar 17, 2024
Eurofi, Lecture, NGEU, Research, European Economic Association, GameChanger, Artificial intelligence, European Investment Bank, Education, Investment, Mining, Invention, Quarterly Journal of Economics, Growth, Superstar, Commerce, MIT Press, Labour economics, GDP, Health, Christian Social Union (UK), Climate change, History, Information technology, CompStat, Applied economics, ICC, Policy, Apple, Public policy, Diagnosis, Federal Reserve, European Parliament, Literature, NBER, Ageing, International economics, Software, Metal, Productivity, New Vision (newspaper), Review of World Economics, Recovery, Next Generation, Computer, MIT, Journal of Labor Economics, Nicolaus Copernicus, Journal of Monetary Economics, Craft, EDIS, European Fiscal Board, Howitt, International Chamber of Commerce, Financial management, Council, Journal, Electricity, Congress, Nobel, American Economic Journal, Transatlantic, Communication, Environment, Journal of Economic Perspectives, European Commission, American Economic Review, European Economic Review, Capital market, Economic impact analysis, Indicator, Demography, World War II, Paul Krugman, Single market, RRF, Macroeconomics, IMF, Daniel Schwaab, Frankfurt, Conference, Aggression, Carbon, Civil service commission, European Central Bank, Rise, Business, Labor share, Skill, Democracy, Heart, Quarterly Journal, E.F, Speech, Public, Public sector, OECD, Reproduction, Internet, Monetary economics, Fabiani, AI, Labour, Intangibles, Paper, Government, Competition, Economic and monetary union, Journal of International Economics, Organization, Treaty, Diffusion, Observation, Autumn, COVID-19, Resilience, Amazon, Role, Hand, Lost, EMU, Unemployment, ECB

This paper, by means of a DSGE model including heterogeneous firms and banks, financial frictions and prudential regulation, first shows the need of climate-related capital requirements in the existing prudential framework.

Key Points: 
  • This paper, by means of a DSGE model including heterogeneous firms and banks, financial frictions and prudential regulation, first shows the need of climate-related capital requirements in the existing prudential framework.
  • We further show that relying on microprudential regulation alone would not be enough to account for the systemic dimension of transition risk.

EQS-News: NEON EQUITY AG with leap in profits in 2023

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Donnerstag, Februar 15, 2024

Frankfurt am Main, 15 February 2024 – NEON EQUITY AG (NEON EQUITY ISIN: DE000A3DW408), a founder-led investor and growth enabler, announces its preliminary, unaudited key financial figures for 2023 according to HGB accounting and was able to significantly increase its profit.

Key Points: 
  • Frankfurt am Main, 15 February 2024 – NEON EQUITY AG (NEON EQUITY ISIN: DE000A3DW408), a founder-led investor and growth enabler, announces its preliminary, unaudited key financial figures for 2023 according to HGB accounting and was able to significantly increase its profit.
  • NEON EQUITY was thus able to continue its profitable growth in the 2023 financial year.
  • NEON EQUITY has also supported numerous companies in their growth financing, for example the international nuclear fusion company ALPHA RING.
  • Thomas Olek, CEO and founder of NEON EQUITY: "2023 was a very important year for us.