EBIT

EQS-News: MGI - Media and Games Invest SE: Resilient Organic Revenue Growth of 1%, EBITDA Margin Increased to 29% with Strong Free Cashflow. Company Notably Increased Market Share and Customer Base

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Monday, December 25, 2023
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MGI - Media and Games Invest SE: Resilient Organic Revenue Growth of 1%, EBITDA Margin Increased to 29% with Strong Free Cashflow.

Key Points: 
  • MGI - Media and Games Invest SE: Resilient Organic Revenue Growth of 1%, EBITDA Margin Increased to 29% with Strong Free Cashflow.
  • Company Notably Increased Market Share and Customer Base
    The issuer is solely responsible for the content of this announcement.
  • MGI - Media and Games Invest SE: Resilient Organic Revenue Growth of 1%, EBITDA Margin Increased to 29% with Strong Free Cashflow.
  • MGI increased its total Software Client base by 9%, building a strong base for organic growth in coming periods.

EQS-News: MLP SE: '9M: Total revenue hits new record level'

Retrieved on: 
Monday, December 25, 2023
Insurance, USP, Consultant, EBIT, Wiesloch, EUR, SE, MLP SE, Uncertainty, Pressure, Tax, Investment, MLP, Growth, Film industry, Cryptocurrency, Lithium

At EUR 684.6 million, the Group's total revenue rose to a new high (9M 2022: EUR 674.7 million).

Key Points: 
  • At EUR 684.6 million, the Group's total revenue rose to a new high (9M 2022: EUR 674.7 million).
  • In the period from January to September 2023, total revenue rose by 1.5 percent to a new record level of EUR 684.6 million (9M 2022: EUR 674.7 million).
  • Looking at the third quarter in isolation, total revenue rose to EUR 209.7 million (Q3 2022: EUR 202.1 million).
  • Total wealth management revenue after nine months was EUR 228.5 million (9M 2022: EUR 240.1 million).

EQS-News: Schaeffler AG and Vitesco Technologies Group AGSign Business Combination Agreement

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Thursday, December 21, 2023
EGM, Growth, PVT, Business analyst, Supervisory board, BCA, Executive, CFOS, Herzogenaurach, Annual general meeting, Integration, CHRO, CFO, Workforce, CHRO-TV, EBIT, RTÉ Executive Board, Mass meeting, Security (finance), Fine chemical, Management, Regensburg, Schaeffler Group, Vitesco Technologies

Integration committee with equal representation to steer the integration process; first meeting already scheduled for this year

Key Points: 
  • Integration committee with equal representation to steer the integration process; first meeting already scheduled for this year
    Swift completion of the overall transaction envisaged; Schaeffler and Vitesco will be stronger together
    Herzogenaurach | November 27, 2023 | Schaeffler AG (“Schaeffler”) today entered into a Business Combination Agreement (“BCA”) with Vitesco Technologies Group AG (“Vitesco”) to jointly create a leading Motion Technology Company.
  • Under the BCA, Vitesco will constructively support the overall transaction including the ongoing public tender offer by Schaeffler and the subsequent merger of Vitesco with Schaeffler.
  • In the best interest of the combined company, Schaeffler and Vitesco will strive to achieve both, revenue and cost synergies.
  • The subsequently planned merger of Vitesco Technologies Group AG into Schaeffler AG will in turn require the approval of the respective Annual General Meetings of both companies.

EQS-News: DATAGROUP Presents Very Good Preliminary Results for 2022/2023: Guidance for Revenues and Earnings fully met, EBITDA Forecast Exceeded

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Thursday, December 21, 2023
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DATAGROUP Presents Very Good Preliminary Results for 2022/2023: Guidance for Revenues and Earnings fully met, EBITDA Forecast Exceeded

Key Points: 
  • DATAGROUP Presents Very Good Preliminary Results for 2022/2023: Guidance for Revenues and Earnings fully met, EBITDA Forecast Exceeded
    The issuer is solely responsible for the content of this announcement.
  • Operating earnings before taxes, interest, depreciation and amortization (EBITDA) were up 4.9 % in FY 2022/2023 to EUR 80.2m (PY EUR 76.5m) and exceeded the guidance of EUR 76–80m.
  • Earnings before interest and taxes (EBIT) have grown disproportionately on the back of efficiency measures and a focus on profitable contracts.
  • “Although the macroeconomic situation remains challenging because of the sharp rise in energy prices and high inflation, DATAGROUP has again delivered good business results”, says Andreas Baresel, CEO of DATAGROUP SE.

EQS-News: HORNBACH Group earnings further stabilized in Q3 2023/24

Retrieved on: 
Wednesday, December 20, 2023
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HORNBACH Group (HORNBACH Holding AG & Co. KGaA Group; ISIN: DE0006083405) sequentially improved its earnings figures in the third quarter (Q3) 2023/24 (September 1, 2023 to November 30, 2023) through increased gross margin due to lower commodity and purchasing prices as well as effective cost management.

Key Points: 
  • HORNBACH Group (HORNBACH Holding AG & Co. KGaA Group; ISIN: DE0006083405) sequentially improved its earnings figures in the third quarter (Q3) 2023/24 (September 1, 2023 to November 30, 2023) through increased gross margin due to lower commodity and purchasing prices as well as effective cost management.
  • Against the challenging backdrop of ongoing consumer caution in big ticket and discretionary spending, consolidated net sales of the Group decreased to EUR 1,485.2 million (-4.0%) in Q3 2023/24.
  • The Berlin-based start-up Seniovo is part of the HORNBACH Baumarkt AG Group since December 1, 2023.
  • With EUR 48.1 million the adjusted EBIT of HORNBACH Group came in just 1.7% below Q3 2022/23 (EUR 48.9 million).

Petrofac Limited: Trading Update

Retrieved on: 
Wednesday, December 20, 2023
EBITDA, EBIT, IES, Framework agreement, TenneT, E&C, Risk, Framework, Growth, Pharmaceutical industry, Bank, Insurance, Oil, Airline, Fine chemical, Cryptocurrency, Rare-earth element

Petrofac issues the following pre-close trading update for the year ending 31 December 2023.

Key Points: 
  • Petrofac issues the following pre-close trading update for the year ending 31 December 2023.
  • Asset Solutions and IES underlying performance in line with guidance, before a one-off bad debt provision in Asset Solutions of approximately US$12 million.
  • Good progress in reaching contractual settlements in the second half, with approximately US$180 million collected year-to-date.
  • A project and commercial update will be provided with the publication of the Group’s full year results in 2024.

EQS-News: Softing AG corrects goodwill from goodwill – Outlook remains positiv

Retrieved on: 
Wednesday, December 20, 2023
OBD, Marketing, EUR, Acquisition, Growth, EBIT, AG, GPS, Network, Depreciation

At the end of 2023, Softing AG expects goodwill impairments of EUR 7.0 million to EUR 9.0 million at Group level in the Softing IT Networks and GlobalmatiX divisions.

Key Points: 
  • At the end of 2023, Softing AG expects goodwill impairments of EUR 7.0 million to EUR 9.0 million at Group level in the Softing IT Networks and GlobalmatiX divisions.
  • It is not possible to reassign or offset against income from other types of business.
  • Therefore, the impairment must be carried out even if the newly formed values exceed those of goodwill.
  • The expected sales and earnings from the product business far exceed the results of the trading business at that time.

EQS-News: Stabilus SE confirms preliminary figures for FY2023 and proposes dividend of €1.75 per share

Retrieved on: 
Wednesday, December 20, 2023
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This represents a total dividend payout of €43.2 million (FY2022: €43.2 million) and a pay-out ratio of approximately 42% (FY2022: 42%).

Key Points: 
  • This represents a total dividend payout of €43.2 million (FY2022: €43.2 million) and a pay-out ratio of approximately 42% (FY2022: 42%).
  • Dr. Michael Büchsner, CEO of Stabilus, said: "Despite the persistently challenging market environment, we are more than satisfied with the past financial year.
  • Stefan Bauerreis, CFO of Stabilus, said: "Our profitable growth enables us to pay a dividend to our shareholders despite the sizeable acquisition of DESTACO.
  • The Industrial business unit revenue in FY2023 grew organically by 7.6% to €444.6 million compared to the previous year (FY2022: €415.8 million).

Woodward Reports Fiscal Year 2023 Results

Retrieved on: 
Thursday, November 16, 2023
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FORT COLLINS, Colo., Nov. 16, 2023 (GLOBE NEWSWIRE) -- Woodward, Inc. (NASDAQ:WWD) today reported financial results for its fiscal year 2023 and fourth quarter ending September 30, 2023.

Key Points: 
  • FORT COLLINS, Colo., Nov. 16, 2023 (GLOBE NEWSWIRE) -- Woodward, Inc. (NASDAQ:WWD) today reported financial results for its fiscal year 2023 and fourth quarter ending September 30, 2023.
  • “We delivered strong results in fiscal 2023 driven by robust demand across our aerospace and industrial end markets as well as improved operational performance.
  • Aerospace segment net sales for the fourth quarter of fiscal 2023 were $455 million, compared to $408 million, an increase of 11 percent.
  • Industrial segment net sales for the fourth quarter of fiscal 2023 were $322 million, compared to $232 million, an increase of 39 percent.

ESCO Announces Record Fourth Quarter And Fiscal 2023 Results

Retrieved on: 
Thursday, November 16, 2023
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St. Louis, Nov. 16, 2023 (GLOBE NEWSWIRE) -- ESCO Technologies Inc. (NYSE: ESE) (ESCO, or the Company) today reported its operating results for the fourth quarter (Q4 2023) and fiscal year (FY 2023) ended September 30, 2023.

Key Points: 
  • St. Louis, Nov. 16, 2023 (GLOBE NEWSWIRE) -- ESCO Technologies Inc. (NYSE: ESE) (ESCO, or the Company) today reported its operating results for the fourth quarter (Q4 2023) and fiscal year (FY 2023) ended September 30, 2023.
  • Q4 2023 sales increased $16 million (6 percent) to $273 million compared to $257 million in Q4 2022.
  • Full year 2023 entered orders increased $73 million (8 percent) to $1.0 billion (book-to-bill of 1.08x) and resulted in record year-end backlog of $772 million.
  • The dedication of our employees is a key factor in being able to deliver record results once again.