Software

Trust in the ECB – insights from the Consumer Expectations Survey

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星期二, 四月 23, 2024

This article shows that trust in the ECB needs to be analysed and understood as a multifaceted concept. Analysis of data from the Consumer Expectations Survey shows that trust is not a matter of “yes” or “no”

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This article shows that trust in the ECB needs to be analysed and understood as a multifaceted concept. Analysis of data from the Consumer Expectations Survey shows that trust is not a matter of “yes” or “no”

China’s Interim Measures for the Management of Generative AI Services: A Comparison Between the Final and Draft Versions of the Text

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星期二, 四月 23, 2024

Authors: Yirong Sun and Jingxian Zeng Edited by Josh Lee Kok Thong (FPF) and Sakshi Shivhare (FPF) The following is a guest post to the FPF blog by Yirong Sun, research fellow at the New York University School of Law Guarini Institute for Global Legal Studies at NYU School of Law: Global Law & Tech [?]

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Authors: Yirong Sun and Jingxian Zeng Edited by Josh Lee Kok Thong (FPF) and Sakshi Shivhare (FPF) The following is a guest post to the FPF blog by Yirong Sun, research fellow at the New York University School of Law Guarini Institute for Global Legal Studies at NYU School of Law: Global Law & Tech [?]

ABB Ltd: ABB plans to launch new share buyback of up to $1 billion following completion of 2023–2024 program

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星期三, 四月 10, 2024

Through this buyback program, ABB repurchased a total of 21,387,687 shares – equivalent to 1.09 percent of its issued share capital at launch of the buyback program – for a total amount of approximately $0.83 billion over the past 12 months.

Key Points: 
  • Through this buyback program, ABB repurchased a total of 21,387,687 shares – equivalent to 1.09 percent of its issued share capital at launch of the buyback program – for a total amount of approximately $0.83 billion over the past 12 months.
  • ABB’s Board of Directors intends to use the capital band approved at the 2023 Annual General Meeting to cancel all shares repurchased under the 2023–2024 share buyback program.
  • Consistent with ABB’s capital allocation principles, the Board of Directors today approved a new share buyback program for capital reduction purposes of up to $1 billion.
  • ABB intends to also use the capital band for the cancellation of the shares repurchased under this new program.

EQS-News: Supervisory Board appoints Dr Christian Ricken as new CEO – Jochen Klösges to leave Aareal Bank Group

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星期三, 四月 10, 2024

Therefore, the Supervisory Board appointed Dr Christian Ricken as new Chief Executive Officer of Aareal Bank AG from 1 August 2024, subject to customary approvals by the supervisory authority.

Key Points: 
  • Therefore, the Supervisory Board appointed Dr Christian Ricken as new Chief Executive Officer of Aareal Bank AG from 1 August 2024, subject to customary approvals by the supervisory authority.
  • Dr Christian Ricken had also been a member of the Group Executive Committee of Deutsche Bank for several years before joining the Board of Managing Directors of LBBW in 2017.
  • Aareal Bank AG’s Chairman of the Supervisory Board, Jean Pierre Mustier, said: “I am very pleased to welcome Christian Ricken as a new leader for Aareal Bank Group.
  • I’d also like to thank Jochen Klösges on behalf of the entire Supervisory Board for his strong and successful leadership, also in very challenging times.

ABB Ltd: ABB launches new share buyback program of up to $1 billion

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星期三, 四月 10, 2024

On April 1, 2024, ABB will launch its previously announced new share buyback program of up to $1 billion.

Key Points: 
  • On April 1, 2024, ABB will launch its previously announced new share buyback program of up to $1 billion.
  • Since July 2020, ABB has repurchased about 308 million shares for capital reduction purposes for a total amount of approximately $9.4 billion.
  • This includes 21,387,687 shares that were repurchased under the 2023–2024 share buyback program and are expected to be cancelled in Q2 2024.
  • The new share buyback program will be managed by a bank mandated by ABB that, based on trading parameters received from ABB, will make its trading decisions concerning the timing of share repurchases independently of ABB.

Guerbet: 2023 full-year results.

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星期三, 四月 10, 2024

The Group’s operating income came to €38.7m in 2023, compared with a loss of €18.2m the previous year.

Key Points: 
  • The Group’s operating income came to €38.7m in 2023, compared with a loss of €18.2m the previous year.
  • At 31 December 2023, Guerbet's net income stood at €22.2m, compared with a loss of €41.1m in 2022.
  • Free cash flow for full-year 2023 stood at -€65.4m, having entered positive territory in the second half at +€6.6m.
  • Financially, after comfortably achieving the business and profitability targets it had set for 2023, the Group is looking to 2024 with increased confidence.

EQS-News: USU Software AG announces figures for 2023

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星期三, 四月 10, 2024

In 2023, USU Software AG (ISIN DE000A0BVU28) together with its subsidiaries (hereinafter referred to as “USU” or the “USU Group”) increased consolidated sales by 4.4% year-on-year to EUR 132.1 million (2022: EUR 126.5 million).

Key Points: 
  • In 2023, USU Software AG (ISIN DE000A0BVU28) together with its subsidiaries (hereinafter referred to as “USU” or the “USU Group”) increased consolidated sales by 4.4% year-on-year to EUR 132.1 million (2022: EUR 126.5 million).
  • Adjusted for depreciation and amortization of EUR 4.8 million (2022: EUR 5.0 million), USU generated EBIT of EUR 7.6 million in 2023 (2022: EUR 11.8 million).
  • USU Software AG is also planning the considerable further expansion of the Company’s product business and that of its subsidiaries.
  • In addition to USU GmbH, which was founded in 1977, USU Software AG – which is listed in the Prime Standard of Deutsche Börse (ISIN DE 000A0BVU28) – includes the subsidiaries USU Technologies GmbH, USU Solutions GmbH, USU Solutions Inc., USU SAS and USU GK.

EQS-News: The Platform Group AG: GMV, sales and earnings above forecast, positive outlook for 2024 confirmed, medium-term planning for 2025

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星期三, 四月 10, 2024

The Management Board of TPG is optimistic that the defined target of 1 billion euros GMV will be achieved in 2025.

Key Points: 
  • The Management Board of TPG is optimistic that the defined target of 1 billion euros GMV will be achieved in 2025.
  • Business activities are therefore always geared towards achieving positive operating results and also reporting positive net results as a Group.
  • At TPG, positive earnings figures go hand in hand with positive cash flows, which are actively invested.
  • The Platform Group AG is a software company that is active in 19 sectors with its own platform solutions.

EQS-News: adesso increases revenue by 26 % to EUR 1.14 billion / Sharp increase in personnel, fixed-price projects and lower licence income weigh down EBITDA in 2023 / Operating earnings set to rise again

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星期三, 四月 10, 2024

adesso increases revenue by 26 % to EUR 1.14 billion / Sharp increase in personnel, fixed-price projects and lower licence income weigh down EBITDA in 2023 / Operating earnings set to rise again

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  • adesso increases revenue by 26 % to EUR 1.14 billion / Sharp increase in personnel, fixed-price projects and lower licence income weigh down EBITDA in 2023 / Operating earnings set to rise again
    The issuer is solely responsible for the content of this announcement.
  • adesso increases revenue by 26 % to EUR 1.14 billion / Sharp increase in personnel, fixed-price projects and lower licence income weigh down EBITDA in 2023 / Operating earnings set to rise again in 2024
    In its consolidated financial statements, adesso SE has confirmed the preliminary figures for 2023 that were published by the end of February.
  • Supported by strong workforce growth, revenue increased by 26 %, topping EUR 1 billion for the first time, and adesso was able to further consolidate its own market position.
  • EUR 546.3 million of that figure was earned in the first half of 2023, and EUR 589.6 million followed in the second half.

Xlife Sciences AG Announces Collaboration Agreement Between its Portfolio Company FUSE-AI GmbH and T-Systems Switzerland

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星期三, 四月 10, 2024

Xlife Sciences is pleased to announce a collaboration between its portfolio company, FUSE-AI, and T-Systems Switzerland.

Key Points: 
  • Xlife Sciences is pleased to announce a collaboration between its portfolio company, FUSE-AI, and T-Systems Switzerland.
  • T-Systems Switzerland, as a subsidiary of T-Systems International GmbH, is considered a system-relevant IT and digitalization partner in the healthcare sector in Switzerland.
  • Through this cooperation, T-Systems Switzerland distributes the AI-based solution for prostate analysis from FUSE-AI centrally in Switzerland, thereby enabling the commercialization of «Prostate.Carcinoma.ai» for radiological clinics and practices.
  • Xlife Sciences sees this partnership as a significant contribution to continuing its mission to bridge the gap between innovations and the needs of the healthcare market.