AG

EQS-News: VERBUND AG: 2023 annual results: VERBUND posts encouraging business performance in 2023

Retrieved on: 
onsdag, april 10, 2024

In addition, rising inflation combined with repeated interest rate hikes and a slowdown in economic growth weighed on performance in the sector and VERBUND’s own performance.

Key Points: 
  • In addition, rising inflation combined with repeated interest rate hikes and a slowdown in economic growth weighed on performance in the sector and VERBUND’s own performance.
  • Generation from the annual storage power plants was up 9.6% year-on-year in 2023.
  • A dividend of €4.15 per share for financial year 2023 will be proposed to the Annual General Meeting on 30 April 2024.
  • The one-off special dividend will allow shareholders to participate in the Group’s extraordinarily positive business performance for financial year 2023 by means of a higher payout.

EQS-News: action press strengthens night production with new location in Buenos Aires

Retrieved on: 
onsdag, april 10, 2024

Frankfurt/Hamburg, April 9, 2024 - action press AG picture agency group is strengthening its night production with the opening of its third international location in Buenos Aires.

Key Points: 
  • Frankfurt/Hamburg, April 9, 2024 - action press AG picture agency group is strengthening its night production with the opening of its third international location in Buenos Aires.
  • Two editors mainly manage the production of entertainment content in video format during the nighttime hours in Europe.
  • The editorial office in Buenos Aires is being opened in collaboration with the Grosby Group (Los Angeles) American agency, which is providing action press with both the office and specialized editorial staff.
  • A total of 18 photo editors and photographers are working on behalf of action press in New Zealand and Australia.

EQS-News: ZEAL achieves double-digit growth in 2023 and raises earnings to a five-year high

Retrieved on: 
onsdag, april 10, 2024

In the past financial year, the company increased its billings in the lottery sector by double digits to € 843.3 million (2022: € 758.4 million).

Key Points: 
  • In the past financial year, the company increased its billings in the lottery sector by double digits to € 843.3 million (2022: € 758.4 million).
  • Revenue also saw double-digit growth to € 116.1 million (2022: € 105.2 million).
  • EBITDA reached a new five-year high of € 32.9 million (2022: € 31.7 million) despite a week jackpot environment.
  • In addition, ZEAL successfully launched its online games offering, thereby strengthening the basis for further business growth.

EQS-News: Branicks Group AG: Clear strategy for sustainable stability of the company

Retrieved on: 
onsdag, april 10, 2024

Frankfurt, 26.03.2024 - Branicks Group AG (Branicks), ISIN: DE000A1X3XX4, has today set the course for a sustainably stable future for the company.

Key Points: 
  • Frankfurt, 26.03.2024 - Branicks Group AG (Branicks), ISIN: DE000A1X3XX4, has today set the course for a sustainably stable future for the company.
  • This planning ensures a stable financing of the company and the servicing of all existing financial obligations in the long term.
  • on generating value and improving efficiency by focusing the company on high-quality real estate in the office and logistics asset classes”, commented Sonja Wärntges, CEO of Branicks Group AG.
  • The Supervisory Board of Branicks Group AG is expected to elect a new Chairman from among its members by mid-April 2024.

EQS-News: publity AG: Sale of an office property near Kiel

Retrieved on: 
onsdag, april 10, 2024

Frankfurt am Main, April 03, 2024 – publity AG ("publity", ISIN DE0006972508), as asset manager, has sold an office property in Büdelsdorf near Kiel.

Key Points: 
  • Frankfurt am Main, April 03, 2024 – publity AG ("publity", ISIN DE0006972508), as asset manager, has sold an office property in Büdelsdorf near Kiel.
  • The three-storey office property has a total rental area of almost 4,500 square meters.
  • The property is located in a central commercial location, adjacent to the city of Rendsburg, with access to the Kiel Canal and very good transport connections.
  • Frank Schneider, CEO of publity: "The sale of the property in Büdelsdorf is already the fifth transaction that we have been able to conclude this year.

EQS-News: BayWa AG expects earnings to improve in the financial year 2024

Retrieved on: 
onsdag, april 10, 2024

BayWa AG closes the financial year 2023 with operating earnings of €304.0 million, just below the forecast for the year.

Key Points: 
  • BayWa AG closes the financial year 2023 with operating earnings of €304.0 million, just below the forecast for the year.
  • After deducting interest and tax, BayWa closed the past financial year with a loss of €93.4 million, down €332.9 million year on year.
  • “We are using 2024 for consolidation,” says Marcus Pöllinger, Chief Executive Officer of BayWa AG.
  • BayWa anticipates strong earnings growth in the current financial year, largely driven by a good apple harvest in New Zealand.

EQS-News: Dr Konstantin Mettenheimer to not stand for re-election to the GRENKE AG Supervisory Board at the Annual General Meeting on April 30, 2024

Retrieved on: 
onsdag, april 10, 2024

Dr Konstantin Mettenheimer to not stand for re-election to the GRENKE AG Supervisory Board at the Annual General Meeting on April 30, 2024

Key Points: 
  • Dr Konstantin Mettenheimer to not stand for re-election to the GRENKE AG Supervisory Board at the Annual General Meeting on April 30, 2024
    The issuer is solely responsible for the content of this announcement.
  • Dr Konstantin Mettenheimer to not stand for re-election to the GRENKE AG Supervisory Board at the Annual General Meeting on April 30, 2024
    Baden-Baden, March 15, 2024: Dr Konstantin Mettenheimer, member of the GRENKE AG Supervisory Board since July 2021 and its Deputy Chair since May 2023, has decided not to stand for re-election to the Supervisory Board at the Annual General Meeting on April 30, 2024.
  • “GRENKE AG has successfully repositioned itself in the areas of governance, compliance and digitalisation over the past three years and is clearly back on track for sustainable earnings growth,” said Dr Mettenheimer, explaining his decision.
  • After overcoming the challenges of the short-seller attack and the coronavirus pandemic, GRENKE has now cleared the path for profitable growth.

EQS-News: IMMOFINANZ 2023 with strong operating performance

Retrieved on: 
onsdag, april 10, 2024

IMMOFINANZ Group generated strong growth in rental income and operating results during the 2023 financial year.

Key Points: 
  • IMMOFINANZ Group generated strong growth in rental income and operating results during the 2023 financial year.
  • “We achieved above-average operating results in 2023 in spite of the difficult macroeconomic environment.
  • This performance underscores the success of our strategy to invest in higher-yielding properties to strengthen our earning power“, explained Radka Doehring, Member of the Executive Board of IMMOFINANZ.
  • Revaluations (including development projects and property sales) totalled EUR -376.8 million in 2023, compared with EUR -105.7 million in the previous year.

EQS-News: freenet confirms the preliminary results for the 2023 financial year, the proposed dividend of EUR 1.77 and the 2024 guidance

Retrieved on: 
onsdag, april 10, 2024

freenet confirms the preliminary results for the 2023 financial year, the proposed dividend of EUR 1.77 and the 2024 guidance

Key Points: 
  • freenet confirms the preliminary results for the 2023 financial year, the proposed dividend of EUR 1.77 and the 2024 guidance
    The issuer is solely responsible for the content of this announcement.
  • Büdelsdorf, 26 March 2024 - Following the adoption of the consolidated financial statements of freenet AG [ISIN DE000A0Z2ZZ5] as of 31 December 2023 and the approval of the consolidated financial statements by the Supervisory Board, the company's Executive Board confirms the preliminary results for the 2023 financial year published on 29 February 2024, the dividend proposal of 1.77 euros and the forecast for the 2024 financial year.

CPH Chemie + Papier Holding AG (CPH) announces plan to separate Paper business from Chemistry and Packaging activities

Retrieved on: 
onsdag, april 10, 2024

This report is published by Research Dynamics, an independent research boutique

Key Points: 
  • This report is published by Research Dynamics, an independent research boutique
    On 20 March 2024, CPH Chemie + Papier Holding AG’s (CPH) Board of Directors announced its intention to separate the Perlen Paper business from the Chemistry and Packaging activities business through spin-off.
  • It is intended that, following the separation, CPH (excluding the Paper business) shall be renamed CPH Group AG and retain the Chemistry and Packaging divisions.
  • The spin-off transaction separates the Paper business from the Chemistry and Packaging activities.
  • Market presence and brand identities will remain consistent, such as Zeochem for Chemistry, Perlen Packaging for Packaging, and Perlen Papier AG for Paper.