CMD

Hardman & Co Research on NB Private Equity Partners (NBPE): Value creation in a higher-rate environment

Retrieved on: 
Wednesday, March 13, 2024

In this note, we explore how the sources of value creation have evolved and how NBPE’s GP partners are expected to organically and inorganically generate incremental EBITDA growth to offset higher interest costs.

Key Points: 
  • In this note, we explore how the sources of value creation have evolved and how NBPE’s GP partners are expected to organically and inorganically generate incremental EBITDA growth to offset higher interest costs.
  • Long-term target returns for new deals on the NB platform are unchanged, despite the short-term interest rate noise.
  • This note builds on the drivers of historical superior EBITDA (see 2023 CMD: value creation from growing companies ).
  • NB’s views on value creation were outlined in its piece, Navigating value creation in private equity .

EQS-News: Scout24 ends FY2023 with 14% revenue growth and 21% ooEBITDA growth resulting in 60% margin – expecting continued growth and operating leverage in 2024

Retrieved on: 
Wednesday, March 13, 2024

2 The ordinary operating EBITDA margin is defined as ordinary operating EBITDA as a percentage of revenue.

Key Points: 
  • 2 The ordinary operating EBITDA margin is defined as ordinary operating EBITDA as a percentage of revenue.
  • The Pay-per-ad business declined by 19.3% resulting from customer migrations to higher-value memberships and a slower growth in listing volume.
  • Growth was driven by continued high demand for our Plus products with revenue growth of 20.2% and continued strong customer gains of 18.1% to 377,686.
  • Ordinary operating EBITDA stood at EUR 79.4 million with 19.4% growth resulting in an ordinary operating EBITDA margin of 59.9%.

Hardman & Co Research on NB Private Equity Partners (NBPE): Value creation in a higher-rate environment

Retrieved on: 
Wednesday, March 13, 2024

In this note, we explore how the sources of value creation have evolved and how NBPE’s GP partners are expected to organically and inorganically generate incremental EBITDA growth to offset higher interest costs.

Key Points: 
  • In this note, we explore how the sources of value creation have evolved and how NBPE’s GP partners are expected to organically and inorganically generate incremental EBITDA growth to offset higher interest costs.
  • Long-term target returns for new deals on the NB platform are unchanged, despite the short-term interest rate noise.
  • This note builds on the drivers of historical superior EBITDA (see 2023 CMD: value creation from growing companies ).
  • NB’s views on value creation were outlined in its piece, Navigating value creation in private equity .

Commander Confirms Receipt of Unsolicited Takeover Bid by FruchtExpress

Retrieved on: 
Monday, March 4, 2024

Vancouver, British Columbia--(Newsfile Corp. - March 4, 2024) - Commander Resources Ltd. (TSXV: CMD) ("Commander") has received notice from FruchtExpress Grabher GmbH & Co KG ("FEx"), announcing its intention to commence an all-cash offer to acquire all issued and outstanding shares of Commander for $0.09 per share (the proposed offer).

Key Points: 
  • Vancouver, British Columbia--(Newsfile Corp. - March 4, 2024) - Commander Resources Ltd. (TSXV: CMD) ("Commander") has received notice from FruchtExpress Grabher GmbH & Co KG ("FEx"), announcing its intention to commence an all-cash offer to acquire all issued and outstanding shares of Commander for $0.09 per share (the proposed offer).
  • Commander shareholders are advised to take no action in respect of the proposed offer until Commander's board of directors have made a formal recommendation to shareholders.
  • Commander cautions its shareholders and potential investors that there can be no certainty that the offer will be supported by the board.
  • "It is the board's duty to evaluate all valid takeover bids," said Brandon Macdonald, Chairman of Commander.

Aegon reports second half year 2023 results

Retrieved on: 
Friday, March 1, 2024

Please click here to access all 2H 2023 results related documents.

Key Points: 
  • Please click here to access all 2H 2023 results related documents.
  • Free cash flow amounted to EUR 429 million for the second half of 2023, contributing to a total of EUR 715 million for the year, enabling us to exceed our guidance of EUR 600 million.
  • The IFRS operating result of EUR 681 million was lower than in the second half of 2022, reflecting one-time benefits in 2022 that did not recur in 2023, as well as the impact of announced management actions in 2023.
  • The contrasting trend in our IFRS results compared to our OCG results is caused by differences in the timing of recognition of earnings between the two frameworks.

Invitation to Kamux's Capital Markets Day on March 20, 2024

Retrieved on: 
Thursday, March 7, 2024

HÄMEENLINNA, Finland, March 7, 2024 /PRNewswire/ -- Kamux invites investors, analysts and media representatives to its Capital Markets Day on Wednesday, March 20, 2024.

Key Points: 
  • HÄMEENLINNA, Finland, March 7, 2024 /PRNewswire/ -- Kamux invites investors, analysts and media representatives to its Capital Markets Day on Wednesday, March 20, 2024.
  • Institutional investors, analysts and media representatives are welcome to attend the event at Clarion Hotel Aviapolis, Karhumäentie 5, Vantaa, Finland at 14.00–17.00 EET.
  • Those participating the event on site are requested to register by email to [email protected] by March 14, 2024.
  • The Capital Markets Day can also be followed as a live webcast at https://kamux.videosync.fi/2024-cmd .

Vikram Solar ranked in BNEF's Tier 1 Module Manufacturers List

Retrieved on: 
Wednesday, February 21, 2024

KOLKATA, India, Feb. 21, 2024 /PRNewswire/ -- Vikram Solar, one of India's leading module manufacturers, has re-entered in BloombergNEF coveted Tier 1 global module manufacturers list owing to its greater efficiency, bankability and high-quality products.

Key Points: 
  • KOLKATA, India, Feb. 21, 2024 /PRNewswire/ -- Vikram Solar, one of India's leading module manufacturers, has re-entered in BloombergNEF coveted Tier 1 global module manufacturers list owing to its greater efficiency, bankability and high-quality products.
  • In 2014, Vikram Solar became India's only Tier 1 module manufacturer, featured in BNEF's list.
  • The BloombergNEF team confirmed that Vikram Solar met the new criteria for qualification as a Tier 1 module manufacturer adequately in 1st quarter 2024.
  • Speaking on this global recognition, Mr Gyanesh Chaudhary, Chairman & Managing Director (CMD), Vikram Solar said, "As a leading solar module manufacturer in India, we recognize our responsibility to accelerate the global solar transition.

Globe Teleservices and TIGO Tanzania Forge Exclusive Partnership for Advanced A2P SMS Firewall Solution

Retrieved on: 
Monday, February 19, 2024

TIGO Tanzania, recognized for its innovative communication solutions, has chosen to partner exclusively with Globe Teleservices due to its advanced and intelligent firewall solution for A2P SMS.

Key Points: 
  • TIGO Tanzania, recognized for its innovative communication solutions, has chosen to partner exclusively with Globe Teleservices due to its advanced and intelligent firewall solution for A2P SMS.
  • The security and reliability offered by Globe Teleservices' firewall solutions align perfectly with TIGO's mission to provide seamless, secure, and high-quality international Application-to-Person (A2P) traffic delivery.
  • Globe Teleservices' firewall solution safeguards messaging traffic from grey routing and spam, ensuring secure and reliable communication.
  • Mr. Ashutosh Agrawal, CMD at Globe Teleservices, expressed his enthusiasm about the partnership, saying, "Our intelligent firewall solutions complement TIGO Tanzania's vision for secure and efficient international A2P traffic delivery.

Globe Teleservices and TIGO Tanzania Forge Exclusive Partnership for Advanced A2P SMS Firewall Solution

Retrieved on: 
Monday, February 19, 2024

TIGO Tanzania, recognized for its innovative communication solutions, has chosen to partner exclusively with Globe Teleservices due to its advanced and intelligent firewall solution for A2P SMS.

Key Points: 
  • TIGO Tanzania, recognized for its innovative communication solutions, has chosen to partner exclusively with Globe Teleservices due to its advanced and intelligent firewall solution for A2P SMS.
  • The security and reliability offered by Globe Teleservices' firewall solutions align perfectly with TIGO's mission to provide seamless, secure, and high-quality international Application-to-Person (A2P) traffic delivery.
  • Globe Teleservices' firewall solution safeguards messaging traffic from grey routing and spam, ensuring secure and reliable communication.
  • Mr. Ashutosh Agrawal, CMD at Globe Teleservices, expressed his enthusiasm about the partnership, saying, "Our intelligent firewall solutions complement TIGO Tanzania's vision for secure and efficient international A2P traffic delivery.

Draft revised consolidated 3-year work plan for the Methodology Working Party (MWP)

Retrieved on: 
Wednesday, February 14, 2024

Industry level .................................................................................................. 13

Key Points: 
    • Industry level .................................................................................................. 13

      Revised consolidated 3-year work plan for the Methodology Working Party (MWP)
      EMA/CHMP/58124/2023

      Page 2/14

      1.

    • A reflection paper
      (RP) on the clinical pharmacology package for oligonucleotides is a prioritised activity in the MWP work

      Revised consolidated 3-year work plan for the Methodology Working Party (MWP)
      EMA/CHMP/58124/2023

      Page 3/14

      plan, and it is envisaged that something similar may be needed for other emerging treatment
      modalities (e.g., peptides).

    • Guideline work led by other working parties
      ?

      Revision of the guideline on the requirements for clinical documentation for orally inhaled
      products (CPMP/EWP/4151/00 Rev.

    • Revised consolidated 3-year work plan for the Methodology Working Party (MWP)
      EMA/CHMP/58124/2023

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      The planned concept papers (CPs) will formulate problem statements for potential workshops and
      subsequent guidance documents will be informed and enriched by the outcome of discussions of
      workshops to be held in 2024.

    • Guideline work led by other working parties and committees
      ?

      Revision of Guidance on the investigation of medicinal products in the term and preterm
      neonate (EMEA/536810/2008).

    • There is a need for
      Revised consolidated 3-year work plan for the Methodology Working Party (MWP)
      EMA/CHMP/58124/2023

      Page 5/14

      new guidance in these areas to ensure these novel approaches meet the required evidentiary
      standards and facilitate their evaluation.

    • Revised consolidated 3-year work plan for the Methodology Working Party (MWP)
      EMA/CHMP/58124/2023

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      ?

      Revision of Guideline on clinical evaluation of diagnostic agents (CPMP/EWP/1119/98/Rev.

    • Revised consolidated 3-year work plan for the Methodology Working Party (MWP)
      EMA/CHMP/58124/2023

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      ?

      Provide appropriate support to the EU network for generic and hybrid medicines including
      product-specific requirements.

    • Revised consolidated 3-year work plan for the Methodology Working Party (MWP)
      EMA/CHMP/58124/2023

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      2.3.

    • ?

      Cross disciplinary work with Quality Working Party and other stakeholders on physiologically
      based biopharmaceutics modelling (PBBM).

    • Revised consolidated 3-year work plan for the Methodology Working Party (MWP)
      EMA/CHMP/58124/2023

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      ?

      In order to support adequate evaluation of all methodology MWP will aim to facilitate an
      increase in presence and visibility in relevant committees of methodological expertise from
      across the EU network such as CHMP, PRAC, PDCO, CMD(h), ETF and CAT.

    • Revised consolidated 3-year work plan for the Methodology Working Party (MWP)
      EMA/CHMP/58124/2023

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      ?

      Product Specific Bioequivalence Guidelines (PSBGLs) (multiple) in liaison with CMD(h): for
      2024, azacitidine, budesonide (LALA GIT), trametinib, dabrafenib, paliperidone palmitate (3M
      depot) and melatonin have been prioritised as the next in series for drafting.

    • Revised consolidated 3-year work plan for the Methodology Working Party (MWP)
      EMA/CHMP/58124/2023

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      4.2.

    • ?

      Cross disciplinary work with Quality Working Party and other stakeholders on PBBM model
      assessment.

    • Revised consolidated 3-year work plan for the Methodology Working Party (MWP)
      EMA/CHMP/58124/2023

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      ?

      To deliver an improved access to raw data (e.g.

    • ?

      Propose regulatory research priorities for funders in across the activities of Methodology
      Working Party, including in the big data area.

    • ?

      Establish key communication points in national competent authorities and build a resource of
      key messages and communication materials on regulation and methodology.

    • The timing of workshops may need to be arranged according to the

      Revised consolidated 3-year work plan for the Methodology Working Party (MWP)
      EMA/CHMP/58124/2023

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      specific needs of the guidance ? either before the guidance is finalised to gather views and
      expertise; or once it is finalised for training purposes.

    • Revised consolidated 3-year work plan for the Methodology Working Party (MWP)
      EMA/CHMP/58124/2023

      Page 14/14