Net profit for OCBC, the country's second-biggest listed lender came in at a record S$1.5 billion ($1.13 billion) in the quarter ending March versus the S$901.9 million average of three analysts' estimates compiled by Refinitiv. This compared with S$698 million profit reported in the year-ago period OCBC's Q1 profit sinks 43% on lower insurance contributions, surge in provisions. OCBC's net profit sank 43 per cent to S$698 million for its first quarter, dragged down by non-operating losses in its insurance unit and a surge in provisions due to its oil and gas exposure and the deteriorating macroeconomic environment from the Covid-19 pandemic Net profit for OCBC came in at a record S$1.5 billion in the quarter ending in March versus the S$901.9 million average of three analysts' estimates compiled by Refinitiv. This compared with S$698. . Publisher. R. Published. May 6, 2021 7:12PM EDT. Credit: REUTERS/Edgar Su. Singapore's Oversea-Chinese Banking Corp Ltd beat. As usual, DBS Group Holdings Ltd will kickstart the banks' results on Friday, April 30 before market opens, followed by UOB and OCBC on May 6 and May 7, 2021 respectively. Year-to-date, all three banks have outperformed the Straits Times Index by a margin of 4-6%, in line with the global theme of sector rotation towards cyclicals. OCBC has pulled ahead of the trio, delivering the highest return of 18.5% year-to-date
DBS: 33 Singapore dollars, implying an upside of around 14% from Friday's close. OCBC: 13.50 Singapore dollars, which is a 13% upside. UOB: 29.50 Singapore dollars, an upside of 12%. Guha said. With our 3 local banks, DBS (SGX: D05), UOB (SGX: U11), and OCBC (SGX: O39) just released their Q1 2021 results, investors are wondering whether or not they should sell, hold or buy more of these local bank stocks. In this article, I'll cover how well the 3 local banks did as well as whether or not they are still attractive at their current valuation
Q1 2021 Results 8 Banking sector PBT in 2020. Down 29.5% YoY driven by a 179% growth in loan loss provisions. Kenya Banking Sector Highlights Kes 112.1 B KENYA BANKING SECTOR PBT. The provision of regulatory flexibility to banks by CBK for COVID-19 related loan restructuring expired on 2 March 2021. The standard procedures for loa Last month, Singapore's central bank said economic growth is likely to exceed the upper end of the official 4-6% forecast range for 2021, with the small and open economy having contracted 5.4% last.. 10 May 2021. Monday . World. Corporate (Updated) Singapore banks flag robust growth as bad loans ease; OCBC doubles Q1 profit. Anshuman Daga / R. May 07, 2021 13:45 pm +08 -A + A. SINGAPORE (May 7): Singapore bank earnings show lenders on track to follow global peers bouncing back from a pandemic-hit year, beating estimates as economic recovery helps them reduce loan-loss provisions on. UOB: Up 17.9% to S$1,008m (from S$855m in Q1 FY2020) OCBC: Up by more than 100.0% to S$1,501m (from S$698m in Q1 FY2020) Verdict: All 3 Singaporean banks recorded growth in its net profit, but OCBC saw the biggest percentage jump (by more than 100.0%), followed by DBS (by 72.4%), and then UOB (by 17.9%.
OCBC will provide abridged financial disclosures for its first-quarter and third-quarter performance in 2020, following the regulator's removal of mandatory quarterly reporting, said the lender on OCBC to provide abridged Q1, Q3 results, Companies & Markets - THE BUSINESS TIME Q1 2021 Results Not for Product Promotional Use 2021 Guidance 16 GAAP Non-GAAP Feb (prior) Apr (revised) Affirmed Net Sales High single-digit increase Unchanged High single-digit increase Gross Margin % ~80.5% ~79% ~80.5% MS&A Expense In line with 2020 Unchanged Low single-digit increase R&D Expense High single-digit decrease Low double-digit decrease Mid single-digit increase Tax Rate ~22%. 11 Q1 2021 Results, 6 May 2021 2 Retail Germany in sum: Very strong Q1 results should not be annualised EURm, IFRS 2020 2021 1,848 1,833 Q1 19 84 Q1 32 137 Q1 3.2 12.5 Q1 92.5 2.8 11.9 Q1 94.1 Gross written premiums (GWP) Operating result (EBIT) Net income (after minorities) Retention ratio in % EBIT margin in % RoE in % -1% EUR +19m total impact +324% +332%-3 81 Q1 14 29 Q1 15% GWP increase. .21 beats by $0.92 | Revenue of $17.00B (46.17% Y/Y) beats by $5.28B. Energy Transfer LP (NYSE: ET) Q1 2021 Earnings Conference Call May 6, 2021 5:00 AM ET Atlas Copco -Q1 results 2021 15 * MSEK Mar. 31, 2021 Mar. 31, 2020 Dec. 31, 2020 Intangible assets 47 789 41 319 45 840 Fixed assets and other non-current assets 16 997 20 789 16 581 Inventories 14 696 16 159 13 450 Receivables 28 491 28 064 25 777 Cash and current financial assets 15 415 13 653 11 718 Total assets 123 388 119 984 113 366 Total equity 61 168 58 812 53 534 Interest-bearing.
12 Q1 2021 Results, 6 May 2021 2 Retail Germany P/C: Strong results mainlydue to lower losses EURm, IFRS 2020 2021 774 781 Q1 Q1-1.0 23.3 Q1 103.8 84.2 Q1 94.6 91.2 EUR +19m total technical impact Gross written premiums (GWP) Net investment income Operating result (EBIT) Retention ratio in % Combined ratio in % EBIT margin in % +1% +101% n.a-1.075 1.052 Q1 GWP slightly down due to lower sales. ABB: Q1 2021 Results. Income from operations $797 million; margin 11.5%. Operational EBITA 1 $959 million; margin 1 13.8%. Cash flow from operating activities $543 million; cash flow from.
Q1 2021 Results 05.07.2021. Safe Harbor 3 2 This presentation contains forward-looking statementsintended to qualify for the safe harbor from liability established by the Private Securities Litigation Reform Act of 1995. These forward-looking statements are not historical facts, but rather are based on current expectations, estimates, assumptions and projections about our business. Q1 2021 RESULTS INVESTOR & ANALYST PRESENTATION May 12, 2021 Dr. Cornelius Patt, CEO. ZOOPLUS OPERATES IN A HIGHLY ATTRACTIVE CATEGORY Q1 2021 Investor & Analyst Call. 3 EXPANDING CATEGORY AND STRONG ONLINE SHIFT CREATE SUBSTANTIAL FURTHER GROWTH OPPORTUNITIES European pet supplies market is estimated to grow at a CAGR of approximately 6% 2020 - 2030 Online is expected to become the leading. Earnings Presentation - 2021 Q1 Results. May 6, 2021. 2. 2. Certain statements in this presentationare forward looking statements, which reflect the expectations of management regarding the Company's future growth, results of operations, performance and business prospects and opportunities. These forward-looking statements are made as of the date of this presentation and NFI assumes no. Brenntag SE - Results Presentation | 11 May 2021 Q1 2021: Continued challenging conditions globally 6 Continued impact of COVID-19 pandemic Global supply chains under stress Production outages of suppliers led to product shortages. Brenntag SE - Results Presentation | 11 May 2021 Financials Q1 2021: Operating EBITDA bridge* from Q1 2020 to Q1 2021 in EUR m 3 44 7-14-3 263 300 150 200 250. 2021 . o 730 2 32 233 1,274 1,041 -210 -3 1,045 -16 381 75 56 16 730 . NIGERIA BRIEFING NOTES 2021 INDUSTRY ASSOCIATIONS CLIMATE REVIEW 2021 RESPONSIBLE ENERGY REPO 2020 ROYAL DUTCH SHELL PLC POWERING PROGRESS i SHELL ENERGY TRANSITION STRATEGY . Oil & Gas volunes2 Liquids available b/d) Eun3pe Ocea nia Af rica Suth gas production available for sale (million scf/d13 Eun3pe Ocea nia Af rica.
MAY 4, 2021 Q1 2021 RESULTS • Drop of raw material prices as of April 2020 due to COVID-19 crisis • Significant increase of raw material prices since December 2020 • Expected raw material price increase of 4% to 5% in Q2 2021 vs. Q1 2021 Geberit: Monthly raw material prices Index: Jan 2020 = 100 96 98 100 102 104 106 108 110 Dec Jan Feb Mar Apr MayJun Jul AugSep Oct NovDec Jan 2020 2021A. Q1 2021 results 28 April 2021 Deutsche Bank Investor Relations. Disciplined delivery of transformation agenda. 9 Improving client engagement and macroeconomic environment validates view on revenue trajectory Continued progress in our key deliverables to support cost and control items Continued progress in sustainable financing, with cumulative volumes of € 71bn (1) Recent Management Board.
Q1 2021 results: net revenues decrease in line with Group's expectations, purchasing cost inflation weighing on profitability First Quarter 2021 Results o Net revenues down -8.5% with a like-for-like change of -3.8% versus Q1 2020, reflecting a slow recovery in commercial segments, partially offset by the continued rebound of residential; o Adjusted EBITDA of €34.0 million or a 6.1 %. Q1 2021 Results Stefan Klebert, CEO Marcus A. Ketter, CFO DÜSSELDORF, MAY 11, 2021. This presentation contains forward-looking statements. Forward-looking statements may include, in particular, statements about future events, future financial performance, plans, strategies, expectations, prospects, competitive environment, regulation and supply and demand. Statements with respect to the.
Q1 2021 Results Veolia Environnement is a corporation listed on the Euronext Paris. This document contains forward-looking statements within the meaning of the provisions of the U.S. Private Securities Litigation Reform Act of 1995. Such forward-looking statements are not guarantees of future performance. Actual results may differ materially from the forward-looking statements as a. Q1 2021 Results Presentation Dietmar Siemssen, CEO Bernd Metzner, CFO Duesseldorf, April 8, 2021 . −This presentation may contain certain forward-looking statements, including assumptions, opinions and views of the Company or cited from third party sources. Various known and unknown risks, uncertainties and other factors could cause the actual results, financial position, development or. Q1 2021 Results Improved vs Q1 2020 In All Segments West Segment Record Net Revenue of $234.7M, up 27% Adj EBITDA of $40.6M, up 81% Continued strength in Texas and Utah residential markets drove higher aggregates and ready-mix demand . 6 Market Leadership Elevate | Themes and Capabilities Innovative Solutions to address tomorrow's challenges Market Leader in advantaged exurban+ markets where.
Q1 2021 results Heikki Malinen, President & CEO Pia Aaltonen-Forsell, CFO May 6, 2021. Disclaimer This presentation contains, or may be deemed to contain, statements that are not historical facts but forward-looking statements. Such forward-looking statements are based on the current plans, estimates and expectations of Outokumpu's management based on information available to it on the date. Q1 2021: Results supported by Consumer Protection and Engineering Materials 15 Sales [€ m] EBITDA pre [€ m] SGO MPP LPT HPM URE AII IPG Advanced Intermediates LAB PLA RCH Specialty Additives Consumer Protection Engineering Materials 347 377 279 290 574 517 483 489 Q1 2020 Q1 2021 +9% +1% +4%-10% 1,693*-1% 1,704* 49 59 67 69 91 74 82 77-44 -37 +20% -6%-19% +3% Q1 2020 Q1 2021 Recon 245 242.
Genuine Parts Co. Reports Q1 2021 Results. Sales of $4.5 billion, up 9.1%. Advertisement. By. aftermarketNews Staff . on. April 22, 2021. Genuine Parts Co. (GPC) has announced today its results. Q1 2021 Results. Net income up sharply (+50% vs. Q1 2020 and +7% vs. Q4 2020 1). Robust inflows 2 on MLT assets 3 (+€9.8bn 4), particularly in Retai
Announcement of Q1 2021 results. 05/06/2021. Thales's results for the Q1 2021 Order intake and sales at 31 March 2021 will be disclosed on Thursday, May 6, 2021 at 7:00 am (CET) and will be commented by Pascal Bouchiat, our Chief Financial Officer, in a conference call held later on at 8:30 am (CET) Q1 2021 -SHIPMENTS(2) Note: (2) (4) (5) Refer to notes to the presentation in the Appendix May 4, 2021 5 NEW FERRARI LIMITED-EDITION V12 TO BE UNVEILED TOMORROW SHIPMENTS BY REGION(4) SHIPMENTS BREAKDOWN (Q1 2021 VS. Q1 2020) EMEA -3.8% (53% vs. 55% PY) Total shipments slightly up vs. Q1 2020, (Q1 2021) which was strong as a result of the stil Wienerberger Results Q1 2021 › The information contained in this document has not been independently verified and no representation or warranty expressed or implied is made as to, and no reliance should be placed on the fairness, accuracy, completeness o
MTS Reports Q1 2021 Results. May 18, 2021. 1Q 2021 Consolidated Group Revenue increased 5.5% year-over-year to reach RUB 123.9 bn.; 1Q 2021 Group Adjusted OIBDA increased 6.7% year-over-year to RUB 55.4 bn.; 2021 Full-Year Guidance reconfirmed of at least 4% revenue growth, at least 4% OIBDA growth, and Cash CAPEX of approximately RUB 100-110 bn Icelandair Group will publish its results for the first quarter of 2021 on Thursday 29 April 2021. An investor presentation will be webcasted in Icelandic in relation to the disclosure of the. 4 Highlights Q1 2021 Outlook 2021 Jean-Paul Kress, M.D., CEO © MorphoSys - Q1 2021 results
Q1 2021 Key Results: The key numbers for Ferrari in Q1 were 2,771 cars sold, (up 6.2% vs 2019), Net Revenues of €1,011 million (+7.6%), and EBITDA of €376 million (+20.9%). The only major negative is Free Cash Flow of €147 million which is a drop of -47.9% vs. Q 1 2019. I will come back to this later. Over the last several years, Europe received 46-48% of Ferrari's production. This. Q1 2021 Results Conference Call April 30, 2021 Lamaque Mine, Québec. Forward Looking Statement 2 Non-IFRS Measures Certain non-IFRS measures are included in this presentation, including average realized gold price per ounce sold, cash operating costs and cash operating costs per ounce sold, total cash costs and total cash costs per ounce sold, all-in sustaining costs (AISC) and AISC per. financial results for its First Quarter (Q1) ended 31 March 2021. The good Q1 results mainly reflect our commercial aircraft delivery performance, cost and cash containment, progress with the restructuring plan as well as positive contributions from our helicopter and defence and space activities, said Airbus Chief Executive Officer Guillaume Faury. The first quarter shows that the. Q1 2021. Paragraph content. Transcript; Pre-publication: Temperature effect / outright production ; Log on to the Webcast to access the Q1 2021 presentation; Press release Presentation Partager. Twitter; Facebook; Linked in; Mail; Popular on the same subject. 01 ENGIE H1 Financial Results for the period ending 30 June 2020 31 July 2020 - 07:45; 02 Green finance for a sustainable economic.
Discussion of ZIM's Results for Q1 2021. For the period ended March 31, 2021, ZIM's net profit was $590 million, as compared to a loss of $12 million in Q1 2020. ZIM's EBITDA 2 in Q1 2021 was $817. 30 April 2021 Q1 2021 Results Appendix LQP 31.12.2020 31.03.2021 Change Intangible assets 1,135 1,136 Property, plant, equipment 1,161 1,133 other non-current assets 1,733 1,725 Total non-current assets 4,030 3,995 -1% Current assets 4,074 4,180 3% Total assets 8,104 8,175 1% Equity 2,635 2,657 1% Non-current liabilities 2,501 2,497 0% Current liabilities 2,968 3,020 2% Total equity and. 7 TeamViewer Q1 2021 Unaudited Results - Investor Presentation Smart factory use cases digitalize the enterprise value chain World-leading manufacturer for electronic devices AR-powered remote customer training and guidance for industrial automation systems incl. industrial control systems, drives, and robots Enhanced support experience and repair processes reduce downtime of business-critical.
A conference call to discuss the Q1 2021 results will be held by senior management today, Thursday, May 6, 2021, at 2:00 pm ET. Call-in information is provided below. The call will also be webcast. Q1/21 significantly impacted by COVID-19. Good start to the year; robust growth rates despite tough prior year comp. Ongoing decisive efforts to combat COVID-1 Q1 2021 Results 29th April 2021. 2 Alison Rose Chief Executive Officer. 3 Good Q1'21 operating performance Supporting our customers; strong net lending growth Further cost reduction achieved in Q1 Impairments: small release reflects good book releases and government support mitigating level of defaults Strong capital base and liquidity position £1.1bn directed buy back completed Q1'21.
3 Q1 2021 Results Highlights Q1 2021 Mass-market segments seeing encouraging base and service revenue trends Businesssegment seeing improving revenue developments Adj. EBITDA AL flat on underlying basis 2 Mobile network recognized as best in the Netherlands 1 Cost savings program off to a good start, successful copper phase out in pilot areas Fiber rollout well on track, announced JV with AP * hyster-yale materials handling announces first quarter 2021 results * q1 earnings per share $0.33 * q1 revenue $732.2 million * hyster-yale materials handling - due to supply chain and logistics.
Trend Micro SaaS Solutions Drive Q1 2021 Results. TOKYO, May 13, 2021 / PRNewswire / -- Trend Micro Incorporated ( TYO: 4704; TSE: 4704 ), a global cybersecurity leader, today announced earnings results for the first quarter of fiscal year 2021, ending March 31, 2021. In the first quarter of 2021, Trend Micro continued its steady growth path. Interim Report for Q1 2021 Sales growth in Q1 driving margin increase and strong cash generation EUR million (except for EPS in EUR) Q1'21 Q1'20 YoY change Constant currency YoY change Reported results Net sales 5 076 4 913 3% 9% Gross margin %1 37.9% 35.3% 260bps Research and development expenses1 (996) (1 007) (1)% Selling, general and administrative expenses1 (649) (780) (17)% Operating. Monday, June 21, 2021, 10:00 PM / by TheAnalyst, Proshare research / Header Image Credit: Conoil Plc Conoil Plc 's first quarter (Q1) 2021 unaudited results showed declines in the company's top line items against over 60% growth in the company's bottom-line. Notably, the company's revenue dipped by-13.24% Y-o-Y in Q1 2021 showing a sustained fall in revenue following the global pandemic in 2020 Q1 2021 FINANCIAL RESULTS AND BUSINESS UPDATES 2 Dear stockholders, In Q1 2021, we continued to build upon the success of our past transformation initiatives with tangible momentum demonstrated by strong demand for our platforms and solutions by our customers and partners. Our team is executing on our objectives while continuously adapting and innovating to meet the needs of our key.