TMEA

Tencent Music Entertainment Group Announces Second Quarter 2023 Unaudited Financial Results

Retrieved on: 
Tuesday, August 15, 2023
Online, Maker, Yee, Pressure, Forward Music, Music, Advertising, Partnership, Welfare, Singing, Bank statement, Huber loss, TIA, H.10, Fruit, History, USD, RMB, TMEA, Creativity, Organization, QQ Music, IPS, Name, Traction, Investment, Algorithm, Translation, Sprite, TME, WeSeed, Maus, NEXT, Growth, JJ Lin, Social media, Federal Reserve Board of Governors, Video game, Creative industries, Entertainment, Bank, Risk management, Life insurance, Internet of things

All of these efforts contributed to our record high of 99.4 million paying users in the second quarter of 2023.

Key Points: 
  • All of these efforts contributed to our record high of 99.4 million paying users in the second quarter of 2023.
  • Due to such measures, our social entertainment services performed weaker than expected for the reported quarter and will continue facing pressure throughout the second half of 2023.
  • In the second quarter of 2023, we cooperated with Tencent Charity and other public welfare organizations and held two "Little Red Flower Charity Concerts" for children.
  • [3] Starting from the first quarter of 2023, online music MAUs began to include unique mobile and certain IoT devices.

Natura &Co posts another quarter of constant currency sales growth and adjusted EBITDA improvement in Q2

Retrieved on: 
Tuesday, August 15, 2023
Avon International Marathon, Acceleration, Science, Sale, Science Based Targets initiative, Paris, Paris Agreement, CC, Marketing, Natura & Co, Q2, Down Home Style, Targets, The Body Shop, CFT, TMEA, Digitalization, Fashion, NYSE, EBITDA, Greenhouse gas, Investment, CEE, Growth, ESG, Avon, Pharmaceutical industry, Drug, Retail, Beauty, Second wave, BRL, Aesop

SÃO PAULO, Aug. 15, 2023 /PRNewswire/ -- Natura &Co (NYSE – NTCO; B3 – NTCO3) posted another quarter of sales growth in constant currency in the second quarter of 2023, while also continuing to improve its profit margins.

Key Points: 
  • Natura &Co posted Q2 consolidated net revenue of R$ 7.8 billion, up 1.9% at constant currency (-4.1% in BRL), driven by solid constant currency (CC) growth at Natura &Co Latam.
  • Fabio Barbosa, Group CEO of Natura &Co, declared: "Natura & Co's second-quarter performance continued to show the improvement already observed in Q1, with low-single digit top line growth at constant currency and a significant improvement in adjusted EBITDA margin.
  • Natura &Co Latam's net sales were up by 5.8% in constant currency ("CC") and down 1.7% in BRL.
  • CC growth was driven by double-digit growth at the Natura brand (+19.5% at CC and +17.3% in BRL).

Natura &Co posts another quarter of constant currency sales growth and adjusted EBITDA improvement in Q2

Retrieved on: 
Tuesday, August 15, 2023
Avon International Marathon, Acceleration, Science, Sale, Science Based Targets initiative, Paris, Paris Agreement, CC, Marketing, Natura & Co, Q2, Down Home Style, Targets, The Body Shop, CFT, TMEA, Digitalization, Fashion, NYSE, EBITDA, Greenhouse gas, Investment, CEE, Growth, ESG, Avon, Retail, Pharmaceutical industry, Drug, Beauty, Second wave, BRL, Aesop

SÃO PAULO, Aug. 14, 2023 /PRNewswire/ -- Natura &Co (NYSE – NTCO; B3 – NTCO3) posted another quarter of sales growth in constant currency in the second quarter of 2023, while also continuing to improve its profit margins.

Key Points: 
  • Natura &Co posted Q2 consolidated net revenue of R$ 7.8 billion, up 1.9% at constant currency (-4.1% in BRL), driven by solid constant currency (CC) growth at Natura &Co Latam.
  • Fabio Barbosa, Group CEO of Natura &Co, declared: "Natura & Co's second-quarter performance continued to show the improvement already observed in Q1, with low-single digit top line growth at constant currency and a significant improvement in adjusted EBITDA margin.
  • Natura &Co Latam's net sales were up by 5.8% in constant currency ("CC") and down 1.7% in BRL.
  • CC growth was driven by double-digit growth at the Natura brand (+19.5% at CC and +17.3% in BRL).

Natura &Co posts constant currency sales growth and profitability improvement in Q1

Retrieved on: 
Tuesday, May 9, 2023
Avon International Marathon, Communication, Second wave, SG, CC, Marketing, Woman, The Body Shop, TMEA, Digitalization, Sale, NYSE, EBITDA, Beauty, Investment, Growth, Environment, F&H, Retail, Brazilian real, LATAM, Natura & Co, BRL, Aesop

SÃO PAULO, May 9, 2023 /PRNewswire/ -- Natura &Co (NYSE – NTCO; B3 – NTCO3) posted a resilient performance in the first quarter of 2023, with sales growth in constant currency and an improvement in profit margins.

Key Points: 
  • Strong growth by Natura &Co Latam and Aesop;
    SÃO PAULO, May 9, 2023 /PRNewswire/ -- Natura &Co (NYSE – NTCO; B3 – NTCO3) posted a resilient performance in the first quarter of 2023, with sales growth in constant currency and an improvement in profit margins.
  • Natura &Co posted Q1 consolidated net revenue of R$ 8 billion, up 3.4% at constant currency (-2.8% in BRL), driven by solid constant currency (CC) growth at Natura &Co Latam and Aesop.
  • From a revenue standpoint, the highlight remains the Natura brand, which continued its strong momentum from last year, with Natura Brazil sales growing 25%, led by volume and strong productivity growth.
  • Natura &Co Latam's net sales were up by 9% in constant currency ("CC) and up 2.4% in BRL.

Natura &Co posts constant currency sales growth and profitability improvement in Q1

Retrieved on: 
Tuesday, May 9, 2023
Avon International Marathon, Communication, Second wave, SG, CC, Marketing, Woman, The Body Shop, TMEA, Digitalization, Sale, NYSE, EBITDA, Beauty, Investment, Growth, Environment, F&H, Security (finance), Retail, Brazilian real, LATAM, Natura & Co, BRL, Aesop

SÃO PAULO, May 8, 2023 /PRNewswire/ -- Natura &Co (NYSE – NTCO; B3 – NTCO3) posted a resilient performance in the first quarter of 2023, with sales growth in constant currency and an improvement in profit margins.

Key Points: 
  • Strong growth by Natura &Co Latam and Aesop;
    SÃO PAULO, May 8, 2023 /PRNewswire/ -- Natura &Co (NYSE – NTCO; B3 – NTCO3) posted a resilient performance in the first quarter of 2023, with sales growth in constant currency and an improvement in profit margins.
  • Natura &Co posted Q1 consolidated net revenue of R$ 8 billion, up 3.4% at constant currency (-2.8% in BRL), driven by solid constant currency (CC) growth at Natura &Co Latam and Aesop.
  • From a revenue standpoint, the highlight remains the Natura brand, which continued its strong momentum from last year, with Natura Brazil sales growing 25%, led by volume and strong productivity growth.
  • Natura &Co Latam's net sales were up by 9% in constant currency ("CC) and up 2.4% in BRL.

Natura &Co posts constant currency sales growth and continuous improvement in cash conversion in Q4

Retrieved on: 
Tuesday, March 14, 2023
Marketing, Pressure, The Body Shop, Aesop (brand), Motion, Consultant, NYSE, ESG, Avon Products, Avon International Marathon, Amazon, Environment, Development, Investment, Red, F&H, Ministry of Federal Affairs and General Administration (Nepal), Sale, EBITDA, Female, Q3, Earthquake, Face, Element, DNA, Social, TMEA, FX, Digitalization, Growth, Empowerment, Biodiversity, Digital, CC, Administration, International Red Cross and Red Crescent Movement, Airline, Retail, Publishing, Pharmaceutical industry, Q4, BRL, Aesop, Natura & Co

SÃO PAULO, March 14, 2023 /PRNewswire/ -- Natura &Co (NYSE – NTCO; B3 – NTCO3) posted a resilient performance in the fourth quarter, with sales growth in constant currency and continued progress in cash conversion, in line with its strategic priority.

Key Points: 
  • Natura &Co posted Q4 consolidated net revenue of R$ 10.39 billion, up 3% at constant currency (-10.8% in BRL), driven by double-digit constant currency (CC) growth at Natura &Co Latam and Aesop.
  • In the fourth quarter, sales growth improved at constant currency and we delivered further progress in cash conversion, in line with our priorities.
  • Natura &Co Latam's net sales were up by 10.6% in constant currency ("CC) and down 3.2% in BRL.
  • The Body Shop's Q4 net revenue declined by 8.4% at constant currency (-20.6% in BRL), marking a sequential improvement over the previous quarter.

Natura &Co posts constant currency sales growth and continuous improvement in cash conversion in Q4

Retrieved on: 
Tuesday, March 14, 2023
Marketing, Pressure, The Body Shop, Aesop (brand), Motion, Consultant, NYSE, ESG, Avon Products, Avon International Marathon, Amazon, Environment, Development, Investment, Red, F&H, Ministry of Federal Affairs and General Administration (Nepal), Sale, EBITDA, Female, Q3, Earthquake, Face, Element, DNA, Social, TMEA, FX, Digitalization, Growth, Empowerment, Biodiversity, Digital, CC, Administration, International Red Cross and Red Crescent Movement, Airline, Retail, Publishing, Pharmaceutical industry, Q4, BRL, Aesop, Natura & Co

SÃO PAULO, March 13, 2023 /PRNewswire/ -- Natura &Co (NYSE – NTCO; B3 – NTCO3) posted a resilient performance in the fourth quarter, with sales growth in constant currency and continued progress in cash conversion, in line with its strategic priority.

Key Points: 
  • Natura &Co posted Q4 consolidated net revenue of R$ 10.39 billion, up 3% at constant currency (-10.8% in BRL), driven by double-digit constant currency (CC) growth at Natura &Co Latam and Aesop.
  • In the fourth quarter, sales growth improved at constant currency and we delivered further progress in cash conversion, in line with our priorities.
  • Natura &Co Latam's net sales were up by 10.6% in constant currency ("CC) and down 3.2% in BRL.
  • The Body Shop's Q4 net revenue declined by 8.4% at constant currency (-20.6% in BRL), marking a sequential improvement over the previous quarter.

The National Institute for Innovation and Technology (NIIT) and TEL Manufacturing Engineering of America, Inc. Announce New Registered Apprenticeship Program

Retrieved on: 
Thursday, November 17, 2022
Adult, Minnesota Department of Labor and Industry, Faculty, National Science Foundation, Hennepin Technical College, USDOL, Minnesota Department of Employment and Economic Development, Workforce, K-12, Automation, DLI, Education, United States Department of Labor, Robotics, RAP, Multimedia, Federation, Semiconductor, TMEA, RAPS, U.S. Department of Defense Strategy for Operating in Cyberspace, NIIT, Creative industries, Management, Nanotechnology

CHASKA, Minn. and HANOVER, Md., Nov. 17, 2022 /PRNewswire/ -- TEL Manufacturing and Engineering of America, a leader in the development, manufacturing, and sales of surface preparation systems and gas cluster ion beam (GCIB) technologies for diverse semiconductor applications, and NIIT, the nation's leader in the semiconductor talent pipeline development, announced the establishment of a new Registered Apprenticeship Program (RAP), developed to help TEL Manufacturing and Engineering of America's Chaska, MN facility attract, train, and retain a highly talented, skilled, and diverse technician workforce.

Key Points: 
  • This program is part of NIIT's "Growing Apprenticeships in Nanotechnology and Semiconductors" (GAINS) program, a RAP designed to meet the semiconductor industry's future workforce needs.
  • The new GAINS program leverages a collaborative approach in which other regional partners are engaged to help deploy the program.
  • "Hennepin Technical College is excited to partner with TEL Manufacturing and Engineering of America and NIIT on the GAINS Registered Apprenticeship Program.
  • By developing an Apprenticeship pathway, TEL Manufacturing and Engineering of America is showing innovation in gaining these employees and taking steps to secure their future workforce.

Tencent Music Entertainment Group Renews Strategic Partnership with Time Fengjun Entertainment

Retrieved on: 
Monday, June 20, 2022
Warner Music Group, SM Entertainment, Tencent Music, Music, Technology, Universal Music Group, TFBoys, WeSeed, Create Music Group, TFBOYS, Emperor Group, TMEA, TME, Ecosystem, QQ Music, Sony Music, Partnership, Family, TF, SM, NYSE, Goal, Video game

SHENZHEN, China, June 19, 2022 /PRNewswire/ -- Tencent Music Entertainment Group ("TME," or the "Company") (NYSE:TME), the leading online music and audio entertainment platform inChina,today announced the renewal of its strategic partnership with Time Fengjun Entertainment ("TF Entertainment") to support young Chinese musicians and create a more dynamic one-stop music entertainment experience for their users.

Key Points: 
  • SHENZHEN, China, June 19, 2022 /PRNewswire/ -- Tencent Music Entertainment Group ("TME," or the "Company") (NYSE:TME), the leading online music and audio entertainment platform inChina,today announced the renewal of its strategic partnership with Time Fengjun Entertainment ("TF Entertainment") to support young Chinese musicians and create a more dynamic one-stop music entertainment experience for their users.
  • Artists including TFBOYS, Teens in Times and TF Family, and their music enjoy great popularity on TME's QQ Music, Kugou Music, Kuwo Music, and WeSing platforms, while TFBOYS and Teens in Times have won multiple Tencent Music Entertainment Awards (TMEA).
  • As a leading online music and audio entertainment platform that works with the world's greatest artists, TME has expanded and renewed its partnerships with multinational music companies, including: Sony Music Entertainment, Universal Music Group, Warner Music Group, Emperor Entertainment Group, and recently Create Music, Believe, Image Music, and SM Entertainment.
  • Tencent Music Entertainment Group (NYSE: TME) is the leading online music and audio entertainment platform in China, operating the country's highly popular and innovative music apps: QQ Music, Kugou Music, Kuwo Music and WeSing.

Tencent Musician Program Posted 51% Surge to Record 300,000 Indie Musicians in 2021

Retrieved on: 
Monday, December 27, 2021
People, Program, TME, Tencent Music, Technology, NYSE, Tencent, Dream, WeSeed, Female, QQ Music, Industry, TMEA, People's, Annual report, Ecosystem, Generation Z, Music, Music

SHENZHEN, China, Dec. 27, 2021 /PRNewswire/ -- Tencent Music Entertainment Group ("TME," or the "Company") (NYSE: TME), the leading online music and audio entertainment platform in China, today released the 2021 annual report for its online indie musician platform, Tencent Musician Program, showcasing the program's strong support for indie musicians, and providing insights on the development of indie music in China.

Key Points: 
  • SHENZHEN, China, Dec. 27, 2021 /PRNewswire/ -- Tencent Music Entertainment Group ("TME," or the "Company") (NYSE: TME), the leading online music and audio entertainment platform in China, today released the 2021 annual report for its online indie musician platform, Tencent Musician Program, showcasing the program's strong support for indie musicians, and providing insights on the development of indie music in China.
  • Launched in 2017, the Tencent Musician Program has provided powerful backing for musicians to inspire and support them in continuing music creation.
  • The 2021 Tencent Musician Program report shows the rise of female musicians in China and the trend of Chinese folk music.
  • Tencent Musician Program has continued to upgrade incentive plans for musicians that the platform has run for years to support indie music creation.