ADJ

EQS-News: Positive developments in Vonovia’s core business with disposals well above target and confident outlook for 2024 financial year

Retrieved on: 
Wednesday, April 10, 2024

EBT (Adjusted Earnings Before Taxes) from 2024 leading measure of earnings; OFCF (Operating Free Cashflow) as key metric of internal financing.

Key Points: 
  • EBT (Adjusted Earnings Before Taxes) from 2024 leading measure of earnings; OFCF (Operating Free Cashflow) as key metric of internal financing.
  • Expectations for 2024: disposals worth €3 billion, higher investments in energy-efficient modernization and faster expansion of solar panels.
  • Bochum, 14 March 2024 - As expected, Vonovia SE’s (“Vonovia”) performance developed robustly in 2023.
  • In 2023, Vonovia realised disposals (including joint venture structures) with a volume of around €4 billion – twice as much as the company’s initial target.

EQS-News: Deutsche Wohnen Publishes Preliminary Results for FY 2023

Retrieved on: 
Wednesday, April 10, 2024

Following the Full Year results for 2023 of its majority shareholder, Vonovia SE, Deutsche Wohnen SE publishes the following KPIs for the financial year 2023.

Key Points: 
  • Following the Full Year results for 2023 of its majority shareholder, Vonovia SE, Deutsche Wohnen SE publishes the following KPIs for the financial year 2023.
  • During the financial year 2023, Deutsche Wohnen SE generated a Group FFO of the continued operations of € 521.8 million (€ 1.31 per share).
  • Deutsche Wohnen is one of the leading publicly listed property companies in Europe and is part of the Vonovia Group.
  • These statements express the intentions, opinions or current expectations and assumptions of Deutsche Wohnen and the individuals acting in concert with it.

EQS-News: Novem Group S.A.: Q3 2023/24 figures reflect challenging market conditions

Retrieved on: 
Thursday, February 15, 2024

YTD 2023/24 revenue of €485.8 million, -7.7% below YTD 2022/23

Key Points: 
  • YTD 2023/24 revenue of €485.8 million, -7.7% below YTD 2022/23
    Luxembourg, 15 February 2024 – Novem Group S.A. today published its figures for the third quarter of its financial year 2023/24.
  • Revenue Series of €123.1 million declined by -16.5% in Q3 2023/24, primarily influenced by extended customer plant holidays and weak call-offs.
  • Because of a different project phasing, revenue Tooling of €15.7 million also recorded lower than last year (€19.6 million).
  • At constant foreign exchange rates, revenue in Q3 2023/24 would have been higher by €3.4 million or 2.4%.

EQS-News: AUSTRIACARD HOLDINGS: A strong multinational technology company in payments & digital security

Retrieved on: 
Tuesday, January 30, 2024

Since 1982 and the beginning of its radical business transformation, the company has been constantly growing and gradually transforming into a thriving multinational company with a global reach and an international business footprint.

Key Points: 
  • Since 1982 and the beginning of its radical business transformation, the company has been constantly growing and gradually transforming into a thriving multinational company with a global reach and an international business footprint.
  • In this continuous growth path, a key milestone for the company was in 2007, when it proceeded with the acquisition of AUSTRIACARD from the Central Bank of Austria, a company that supplied Austrian banks with bank cards and their operating system.
  • As a result of AUSTRIACARD HOLDINGS' growth extroversion and good management, impressive financial performance has been achieved in recent years.
  • EBITDA) increased at a cumulative annual growth rate of 31.0%, from €10.2 million to €39.4 million, and Adjusted Earnings Before Taxes (Adj.

Nick Bacarisse Named Partner at Appellate Firm Alexander Dubose & Jefferson

Retrieved on: 
Monday, January 8, 2024

Those are skills that cannot be taught and are vital to being a successful appellate attorney,” said ADJ managing partner Marcy Hogan Greer .

Key Points: 
  • Those are skills that cannot be taught and are vital to being a successful appellate attorney,” said ADJ managing partner Marcy Hogan Greer .
  • “We are delighted to have Nick join our partner ranks.”
    Mr. Bacarisse has briefed legal issues of broad public importance at every level of Texas and federal courts, and has argued before the Supreme Court of Texas and other appellate courts throughout the state.
  • Recently, Mr. Bacarisse was the primary drafter of the appellate briefs resulting in the Supreme Court of Texas’s groundbreaking holding that Texas’s electric grid operator shared the state’s sovereign immunity.
  • A native Texan, Mr. Bacarisse is a graduate of the University of Texas and Columbia Law School, where he was a Harlan Fiske Stone Scholar.

EQS-News: Deutsche Wohnen Publishes Preliminary Results for 9M 2023

Retrieved on: 
Tuesday, November 7, 2023

Following the nine months’ interim results of its majority shareholder, Vonovia SE, Deutsche Wohnen SE publishes the following KPIs for the first nine months of the financial year 2023.

Key Points: 
  • Following the nine months’ interim results of its majority shareholder, Vonovia SE, Deutsche Wohnen SE publishes the following KPIs for the first nine months of the financial year 2023.
  • During the first nine months, Deutsche Wohnen SE generated an Group FFO of € 456.3 million (€ 1.15 per share).
  • The publication of the final numbers for the first nine months of the financial year 2023 is scheduled for November 7, 2023.
  • Deutsche Wohnen is one of the leading publicly listed property companies in Europe and is part of the Vonovia Group.

Kayla Oliver Joins Austin Office of Appellate Firm Alexander Dubose & Jefferson

Retrieved on: 
Monday, October 30, 2023

AUSTIN, Texas, Oct. 30, 2023 /PRNewswire/ -- The Texas appellate firm Alexander Dubose & Jefferson LLP (ADJ) is pleased to announce the addition of Kayla Oliver to the firm's Austin office.

Key Points: 
  • AUSTIN, Texas, Oct. 30, 2023 /PRNewswire/ -- The Texas appellate firm Alexander Dubose & Jefferson LLP (ADJ) is pleased to announce the addition of Kayla Oliver to the firm's Austin office.
  • She currently teaches an advanced appellate writing course as an adjunct professor of legal writing at the University of Texas School of Law.
  • Before joining ADJ, Ms. Oliver founded Law Review, LLC, a legal writing consulting firm that offers editing, drafting and coaching services to lawyers in state and federal courts across the country.
  • "I am thrilled at the opportunity to practice with the attorneys of Alexander Dubose & Jefferson," said Ms. Oliver.

EQS-News: flatexDEGIRO with record level of customer assets and solid performance in H1 2023

Retrieved on: 
Monday, July 24, 2023

EBITDA1 in Q2 2023 of EUR 34 million, an increase of 24 % over Q2 2022 (EUR 27 million)

Key Points: 
  • EBITDA1 in Q2 2023 of EUR 34 million, an increase of 24 % over Q2 2022 (EUR 27 million)
    Full-year guidance confirmed: Adj.
  • Overall, more than 186,000 new gross customer accounts were added in the first half of 2023, around 74,000 thereof joined flatex and DEGIRO during the second quarter 2023.
  • Revenues for the first half-year 2023 amounted to EUR 189.1 million (H1 2022: EUR 202.3 million).
  • In combination, operating margins in the second half-year 2023 are expected to significantly exceed the levels achieved during the first half of 2023.

EQS-News: Novem Group S.A.: Preliminary results 2022/23 show strong revenue growth in difficult market conditions

Retrieved on: 
Friday, June 2, 2023

FY 2022/23 revenue of €700.3 million, +14.0% above FY 2021/22

Key Points: 
  • FY 2022/23 revenue of €700.3 million, +14.0% above FY 2021/22
    Luxembourg, 1 June 2023 – Novem Group S.A. today published its preliminary results for its financial year 2022/23, including the figures for the fourth quarter.
  • Backed by strong revenue in Q4, Novem generated revenue of €700.3 million in FY 2022/23, which corresponds to a growth of 14.0% year-on-year.
  • In the last quarter of FY 2022/23, total revenue came in at €174.1 million and outperformed last year by 9.3%.
  • With revenue Series of €162.5 million and growth of 8.4% year‑on‑year, Q4 was the strongest quarter in the financial year 2022/23.

EQS-News: Novem Group S.A.: Q3 2022/23 results show solid revenue growth and outstanding free cash flow

Retrieved on: 
Wednesday, February 22, 2023

YTD 2022/23 revenue of €526.2 million, +15.6% above YTD 2021/22

Key Points: 
  • YTD 2022/23 revenue of €526.2 million, +15.6% above YTD 2021/22
    Luxembourg, 16 February 2023 – Novem Group S.A. today published its figures for the third quarter of its financial year 2022/23.
  • However, revenue Tooling grew significantly by 36.6% to €19.6 million, driven by major projects such as BMW X8 and Mercedes‑Benz C‑class.
  • Revenue growth in Americas was driven by favourable currency effects from the US Dollar, strong demand for SUVs as well as increased revenue Tooling.
  • Free cash flow reached an outstanding value of €24.6 million, exceeding the Q3 2021/22 by €15.6 million.