Consolidated

EQS-News: Strong earnings power allows for active risk management in 2023 – consolidated operating profit expected to rise to between €300 million and €350 million in 2024

Retrieved on: 
Wednesday, March 13, 2024

Consolidated operating profit is projected to rise to between €300 million and €350 million in 2024, even though the Bank anticipates continued above-average risk provisions.

Key Points: 
  • Consolidated operating profit is projected to rise to between €300 million and €350 million in 2024, even though the Bank anticipates continued above-average risk provisions.
  • Aareal Bank Group closed the 2023 financial year with consolidated operating profit of €149 million (2022: €239 million).
  • Thanks to its strong earnings power, the Group nonetheless anticipates consolidated operating profit between €300 million and €350 million.
  • The Bank is expected to achieve operating profit of €250 million to €300 million, despite risk provisions projected to remain at above-average levels.

EQS-News: SMA Group concludes the 2023 fiscal year extremely successfully with strong fourth quarter in the Large Scale & Project Solutions segment

Retrieved on: 
Wednesday, March 13, 2024

The figures report that the SMA Group’s sales significantly rose by 78.6% year on year to €1,904.1 million (2022: €1,065.9 million).

Key Points: 
  • The figures report that the SMA Group’s sales significantly rose by 78.6% year on year to €1,904.1 million (2022: €1,065.9 million).
  • Earnings before interest, taxes, depreciation and amortization (EBITDA) increased even sharply to €311.0 million from €70.0 million in the 2022 fiscal year.
  • Earnings before interest and taxes (EBIT) rose from €31.9 million in the 2022 fiscal year to €269.5 million (EBIT margin in 2023: 14.2%; 2022: 3.0%).
  • “In the fourth quarter of 2023, we once again significantly increased sales in the Large Scale & Project Solutions segment and even exceeded the upper end of our sales forecast,” said SMA CEO Jürgen Reinert.

EQS-News: SIXT grows by 18% to record revenue in 2023 and achieves second-best result in the company’s history

Retrieved on: 
Wednesday, March 13, 2024

Pullach, 1 March 2024 – SIXT continued its growth trajectory in 2023 and achieved record revenue for the second year in a row.

Key Points: 
  • Pullach, 1 March 2024 – SIXT continued its growth trajectory in 2023 and achieved record revenue for the second year in a row.
  • Alexander Sixt, Co-CEO of Sixt SE: “Thanks to our customers’ trust in us and our employees’ excellent work, we were able to once more achieve a record revenue and have obtained the second-best yearly result in our company’s history.
  • We reached our ambitious goals in 2023, both in terms of our business figures and implementation of our strategy.
  • According to SIXT’s estimates, the lower demand compared to combustion engines resulted in a substantial loss of revenue.

EQS-News: GRENKE ACHIEVES UPPER HALF OF 2023 PROFIT FORECAST – NEW LEASING BUSINESS OF OVER EUR 3 BILLION TARGETED FOR 2024

Retrieved on: 
Wednesday, March 13, 2024

Consolidated Group net profit reaches EUR 86.7 million (2022: EUR 84.2 million)

Key Points: 
  • Consolidated Group net profit reaches EUR 86.7 million (2022: EUR 84.2 million)
    Proposed dividend of EUR 0.47 per share (2022: EUR 0.45)
    Baden-Baden, March 7, 2024: GRENKE AG, a global financing partner for small and medium-sized enterprises, achieved Consolidated Group net profit of EUR 86.7 million in the 2023 financial year (2022: EUR 84.2 million), reaching the upper half of its forecast range of EUR 80 to 90 million.
  • New leasing business in 2023 came to a total of EUR 2.6 billion (2022: EUR 2.3 billion).
  • As of the December 31, 2023 reporting date, non-current lease receivables of EUR 3.6 billion (2022: EUR 3.3 billion) compared to non-current financial liabilities of EUR 3.6 billion (2022: EUR 2.5 billion).
  • Current lease receivables of EUR 2.1 billion (2022: EUR 2.0 billion) were at a similar level to current financial liabilities of EUR 1.8 billion (2022: EUR 2.2 billion).

EQS-News: JOST reports on highly successful fiscal year 2023 with adjusted EBIT growing by 14% to EUR 141 million and adjusted EBIT margin reaching a new record high of 11.3%

Retrieved on: 
Wednesday, March 13, 2024

Reported sales in the transport sector increased by 6.0% to EUR 993.4 million in 2023 (2022: EUR 936.9 million).

Key Points: 
  • Reported sales in the transport sector increased by 6.0% to EUR 993.4 million in 2023 (2022: EUR 936.9 million).
  • In contrast, sales of agricultural components went down by 21.8% nominally to EUR 256.3 million (2022: EUR 327.7 million).
  • JOST succeeded in improving adjusted EBIT in Europe by 10.5% year-over-year to EUR 46.2 million in 2023 (2022: EUR 41.8 million).
  • Oliver Gantzert, Chief Financial Officer of JOST Werke SE, said: “JOST generated a record operating result in 2023 with adjusted EBIT of EUR 140.8 million and an adjusted EBIT margin of 11.3%.

EQS-News: Iute Group reports unaudited results for 12M/2023 – Efforts to improve quality lead the quantity considerations in 2023

Retrieved on: 
Wednesday, March 13, 2024

Iute Group, a leading European personal finance group, reported today unaudited results for 12M/2023.

Key Points: 
  • Iute Group, a leading European personal finance group, reported today unaudited results for 12M/2023.
  • Our strategic endeavors were successful: Iute Group achieved growth and profit, while the focus remained heavily on modus operandi with quality being more important than quantity in 2023.
  • In this context, Macedonia unexpectedly imposed a one-off solidarity tax on national TOP100 companies, which burdened Iute Group with 1.4 million EUR in Q4 2023.
  • As progress stems from change, we are convinced that the best of Iute Group lies ahead of us as we transform," said Tarmo Sild, CEO of Iute Group.

Gulf Island Reports Fourth Quarter and Full Year 2023 Results

Retrieved on: 
Thursday, March 7, 2024

Operating income was $2.7 million for the fourth quarter 2023, compared to operating income of $2.2 million for the fourth quarter 2022.

Key Points: 
  • Operating income was $2.7 million for the fourth quarter 2023, compared to operating income of $2.2 million for the fourth quarter 2022.
  • Operating income was $6.1 million for the fourth quarter 2023, compared to operating income of $4.1 million for the fourth quarter 2022.
  • Shipyard Segment – Revenue for the fourth quarter 2023 was $0.6 million, an increase of $0.2 million compared to the fourth quarter 2022.
  • Operating loss was $0.1 million for the fourth quarter 2023, compared to an operating loss of $3.6 million for the fourth quarter 2022.

Xtract One Releases Second Quarter Fiscal 2024 Results

Retrieved on: 
Thursday, March 7, 2024

TORONTO, March 07, 2024 (GLOBE NEWSWIRE) -- Xtract One Technologies Inc. (TSX: XTRA) (OTCQX: XTRAF) (FRA: 0PL) (“Xtract One” or the “Company”), a leading technology-driven threat detection and security solution that prioritizes the patron access experience by leveraging AI, today announced fiscal second quarter results for the three and six month periods ended January 31, 2024.

Key Points: 
  • TORONTO, March 07, 2024 (GLOBE NEWSWIRE) -- Xtract One Technologies Inc. (TSX: XTRA) (OTCQX: XTRAF) (FRA: 0PL) (“Xtract One” or the “Company”), a leading technology-driven threat detection and security solution that prioritizes the patron access experience by leveraging AI, today announced fiscal second quarter results for the three and six month periods ended January 31, 2024.
  • Gross margin of 61.1% for the second quarter as compared to 47.1% for the same period last year.
  • While the fiscal second quarter is typically impacted by seasonal factors, we remain on track for record-setting performance, with strong results anticipated in the second half of the fiscal year.
  • Xtract One will host a conference call to discuss its results on Friday, March 8, 2024, at 10:00 am EST.

Colabor Group Reports Results for the Fourth Quarter and Fiscal 2023, Completes With Success the Relocation to Its New Distribution Center and Announces the Acquisition of Assets Related to Foodservice Sector

Retrieved on: 
Thursday, February 29, 2024

It is defined as net debt / adjusted EBITDA less lease liability payments for the last four quarters.

Key Points: 
  • It is defined as net debt / adjusted EBITDA less lease liability payments for the last four quarters.
  • On a comparable basis, our fourth quarter results show revenue growth of 5.8%, while our adjusted EBITDA(1) increased by 18.2%.
  • “During the fourth quarter, we also completed the relocation of our wholesale activities and our head office to our new strategic center in Saint-Bruno-de-Montarville.
  • Consolidated sales for the fourth quarter were $196.3 million, an increase of 1.6% compared to $193.2 million during the corresponding quarter of 2022.

Uniti Group Inc. Reports Fourth Quarter and Full Year 2023 Results

Retrieved on: 
Thursday, February 29, 2024

LITTLE ROCK, Ark., Feb. 29, 2024 (GLOBE NEWSWIRE) -- Uniti Group Inc. (“Uniti” or the “Company”) (Nasdaq: UNIT) today announced its results for the fourth quarter and full year 2023.

Key Points: 
  • Net Income (Loss) of $30.7 Million and ($81.7) Million for the Fourth Quarter and Full Year, Respectively
    Net Income (Loss) of $0.13 and ($0.35) Per Diluted Common Share for the Fourth Quarter and Full Year, Respectively
    AFFO Per Diluted Common Share of $0.34 and $1.42 for the Fourth Quarter and Full Year, Respectively
    LITTLE ROCK, Ark., Feb. 29, 2024 (GLOBE NEWSWIRE) -- Uniti Group Inc. (“Uniti” or the “Company”) (Nasdaq: UNIT) today announced its results for the fourth quarter and full year 2023.
  • Uniti Fiber contributed $70.7 million of revenues and $27.0 million of Adjusted EBITDA for the fourth quarter of 2023, achieving Adjusted EBITDA margins of approximately 38%.
  • Uniti Leasing contributed revenues of $214.9 million and Adjusted EBITDA of $209.5 million for the fourth quarter.
  • The Company’s leverage ratio at year-end was 6.03x based on net debt to fourth quarter 2023 annualized Adjusted EBITDA.