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VEON 1Q24 Trading Update: Accelerating USD Growth, Strong Operational Execution

Retrieved on: 
Jeudi, mai 16, 2024

In 1Q24, VEON continued to report growth in revenues in reported currency terms with double digit local currency top-line growth.

Key Points: 
  • In 1Q24, VEON continued to report growth in revenues in reported currency terms with double digit local currency top-line growth.
  • Total revenues reached USD 942 million, an increase of 6.6% YoY in reported currency (+11.6% YoY in local currency).
  • Capex in 1Q24 was USD 125 million, an increase of 38.6% YoY, and reported capex intensity for the last twelve months was 18.3% (-2.0p.p.
  • YoY).

Aegon appoints Duncan Russell to succeed Matt Rider as Chief Financial Officer

Retrieved on: 
Jeudi, mai 16, 2024

The Hague, May 16, 2024 - Aegon today announces the appointment of Duncan Russell (1978) as Chief Financial Officer (CFO), effective September 1, 2024.

Key Points: 
  • The Hague, May 16, 2024 - Aegon today announces the appointment of Duncan Russell (1978) as Chief Financial Officer (CFO), effective September 1, 2024.
  • Duncan will succeed Matt Rider (1963), who will retire after over seven years of exceptional service to the company.
  • Duncan Russell joined Aegon as Chief Transformation Officer in 2020.
  • Prior to Aegon, Duncan worked at UK-based Admiral Group Plc, where he last held the position of CFO of Admiral Financial Services.

Aegon trading update for first quarter 2024

Retrieved on: 
Jeudi, mai 16, 2024

The Hague, May 16, 2024 - Please click here to access all 1Q2024 Trading Update related documents.

Key Points: 
  • The Hague, May 16, 2024 - Please click here to access all 1Q2024 Trading Update related documents.
  • Our joint venture in Brazil, Mongeral Aegon Group, continued its strong performance, with life sales increasing by 22% to EUR 28 million.
  • We expect the new program to start at the beginning of July 2024, and to complete it by the end of 2024.
  • Dial-in numbers for conference call:
    Annual General Meeting – June 12, 2024
    Aegon UK Strategy Teach-In (webinar) – June 25, 2024
    First half 2024 results – August 22, 2024
    Third quarter 2024 trading update – November 15, 2024

Irdeto Features the ‘Irdeto Experience’ at CABSAT 2024

Retrieved on: 
Mercredi, mai 15, 2024

AMSTERDAM, May 14, 2024 (GLOBE NEWSWIRE) -- Irdeto , the global leader in digital video platform experiences and security, is pleased to announce its participation at the prestigious CABSAT 2024 event, where it will feature its groundbreaking streaming aggregation platform 'Irdeto Experience .'

Key Points: 
  • AMSTERDAM, May 14, 2024 (GLOBE NEWSWIRE) -- Irdeto , the global leader in digital video platform experiences and security, is pleased to announce its participation at the prestigious CABSAT 2024 event, where it will feature its groundbreaking streaming aggregation platform 'Irdeto Experience .'
  • Additionally, Irdeto Experience offers enhanced security features, including 360-degree content protection, support for managed and unmanaged devices, and certification.
  • "Irdeto Experience capitalizes on the growing consumer demand by providing a cohesive and streamlined operational framework for video service providers.
  • For further information on how Irdeto is shaping the future of media and entertainment in the MENA region, or to schedule a demo of Irdeto Experience, please visit the Irdeto Experience website.

Weekly share repurchase program transaction details

Retrieved on: 
Mercredi, mai 15, 2024

These statements may be identified by words such as ‘expect’, ‘should’, ‘could’, ‘shall’ and similar expressions.

Key Points: 
  • These statements may be identified by words such as ‘expect’, ‘should’, ‘could’, ‘shall’ and similar expressions.
  • The companies in which SBM Offshore N.V. directly and indirectly owns investments are separate legal entities.
  • In this release “SBM Offshore” and “SBM” are sometimes used for convenience where references are made to SBM Offshore N.V. and its subsidiaries in general.
  • "SBM Offshore®", the SBM logomark, “Fast4Ward®”, “emissionZERO®” and “Float4Wind®” are proprietary marks owned by SBM Offshore.

VEON and Beeline Kazakhstan Partner with GSMA and Barcelona Supercomputing Centre to Support Use of AI in Local Languages

Retrieved on: 
Mercredi, mai 15, 2024

The parties will explore collaboration opportunities focusing on the development of mechanisms and documentation on language models and AI systems for under-resourced languages, including the local languages of the countries where VEON operates.

Key Points: 
  • The parties will explore collaboration opportunities focusing on the development of mechanisms and documentation on language models and AI systems for under-resourced languages, including the local languages of the countries where VEON operates.
  • The event, opening in Baku today, welcomes global connectivity leaders and policymakers for two days of discussion, debate and networking.
  • The lack of resources in other languages results in an AI language gap which leads to sub-optimal user experience in AI applications, deepens the bias in AI models and risks deepening the digital divide in AI technologies.
  • “Beeline Kazakhstan is the leading operator in AI technologies in the markets where VEON operates.

VEON Publishes Annual Corporate Governance Report for Financial Year 2023

Retrieved on: 
Mercredi, mai 15, 2024

Amsterdam, 15 May 2024 – VEON Ltd. (NASDAQ: VEON, Euronext Amsterdam: VEON), a global digital operator that provides connectivity and online services (“VEON” or the “Company”), today announces that it has published its Annual Corporate Governance Report, May 2024 (the “Report”) for the year ended 31 December 2023 on the Financial Results section of the Company’s website at https://www.veon.com/investors .

Key Points: 
  • Amsterdam, 15 May 2024 – VEON Ltd. (NASDAQ: VEON, Euronext Amsterdam: VEON), a global digital operator that provides connectivity and online services (“VEON” or the “Company”), today announces that it has published its Annual Corporate Governance Report, May 2024 (the “Report”) for the year ended 31 December 2023 on the Financial Results section of the Company’s website at https://www.veon.com/investors .
  • The Report provides the Company’s stakeholders with essential information ahead of the 2024 Annual General Meeting of Shareholders scheduled for 31 May 2024, including a summary of our key accomplishments in 2023 and details of the Company’s corporate governance structure, the Board of Directors’ recommendation of nominees for appointment to the Company’s Board and an unaudited remuneration report for the Group for the year ended 31 December 2023.

Philips announces exchange ratio for 2023 dividend

Retrieved on: 
Mercredi, mai 15, 2024

Amsterdam, the Netherlands – Royal Philips (NYSE: PHG, AEX: PHIA), today announced that the exchange ratio for the dividend for the year 2023 is 1 new common share for every 29.2684 existing common shares.

Key Points: 
  • Amsterdam, the Netherlands – Royal Philips (NYSE: PHG, AEX: PHIA), today announced that the exchange ratio for the dividend for the year 2023 is 1 new common share for every 29.2684 existing common shares.
  • As a result, Philips will issue a total number of 30,860,582 new common shares.
  • Distribution of the dividend with delivery of new common shares and settlement of any fractions in cash, will take place from May 16, 2024.
  • Upon distribution, the total issued share capital will amount to EUR 188,875,310 representing 944,376,548 common shares.

NordVPN joins efforts to develop anti-malware and VPN testing

Retrieved on: 
Mercredi, mai 15, 2024

LONDON, May 15, 2024 (GLOBE NEWSWIRE) -- NordVPN, a leading cybersecurity company, is becoming a member of the non-profit Anti-Malware Testing Standards Organization (AMTSO).

Key Points: 
  • LONDON, May 15, 2024 (GLOBE NEWSWIRE) -- NordVPN, a leading cybersecurity company, is becoming a member of the non-profit Anti-Malware Testing Standards Organization (AMTSO).
  • By joining a broad group of cybersecurity experts, NordVPN aims to contribute to developing anti-malware and VPN testing and share industry knowledge on how to protect internet users from evolving cybersecurity threats.
  • “While VPN services become more and more popular among internet users all over the world, the testing standard remains unclear.
  • We aim to help improve anti-malware testing standards even further and bring industry knowledge to develop trustworthy VPN testing standards,” says Vykintas Maknickas, head of Product Strategy at NordVPN .

ONWARD® Medical Schedules Webcast to Provide Q1 2024 Business Update

Retrieved on: 
Mardi, mai 14, 2024

EINDHOVEN, the Netherlands, May 15, 2024 (GLOBE NEWSWIRE) -- ONWARD Medical N.V. (Euronext: ONWD), the medical technology company creating innovative spinal cord stimulation therapies to restore movement, function, and independence in people with spinal cord injury (SCI), today announces that it will host a webcast to discuss its Q1 2024 business highlights.

Key Points: 
  • EINDHOVEN, the Netherlands, May 15, 2024 (GLOBE NEWSWIRE) -- ONWARD Medical N.V. (Euronext: ONWD), the medical technology company creating innovative spinal cord stimulation therapies to restore movement, function, and independence in people with spinal cord injury (SCI), today announces that it will host a webcast to discuss its Q1 2024 business highlights.
  • The webcast will be held on May 23, 2024, at 2:30PM CET / 08:30AM ET.
  • It will be hosted by CEO Dave Marver who will discuss highlights from Q1 2024 and provide a business update.
  • Participants may also join by phone:
    A recording of the webcast will be available on the Company’s website following the live event.