Mowi (OSE:MOWI): Share purchase program for employees in Mowi The Board of Directors of Mowi ASA (the "Company") has resolved to offer all permanent employees in the Company and its Norwegian, Scottish and Canadian subsidiaries the opportunity to purchase shares in the Company at a discounted price. The offer to employees is based on the average purchasing price for the Company's shares on 25 November 2024 of NOK 205.16 per share. Based on the above, eligible employees were presented with three alternative offers: Alternative 1: Purchase 36 shares at a value of approximately NOK 7,500, w...
Mowi ASA (OSE:MOWI): Extraordinary General Meeting held The Extraordinary General Meeting in Mowi ASA was held on 19 November 2024 and all items proposed on the agenda were adopted. An office translation of the minutes from the EGM is attached. This information is subject of the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act. Attachment
Mowi ASA (OSE:MOWI): Ekstraordinær generalforsamling avholdt Ekstraordinær generalforsamling i Mowi ASA ble avholdt 19. november 2024 og alle de foreslåtte sakene på agendaen ble godkjent. Protokollen fra generalforsamlingen er vedlagt. Denne opplysningen er informasjonspliktig etter verdipapirhandelloven §5-12. Vedlegg
While Q3 was an expected low season, with few deliveries, EPS was below our forecast on higher costs. The POC EBIT margin also fell more than we estimated, but we expect this to improve in the coming quarters with more starts. The company said it has renegotiated the terms with Urban Property, and the NIBD/EBITDA covenant will now use the POC (NGAAP) figures (previously volatile IFRS figures), thereby removing the potential 2025 covenant breach. However, we continue to find consensus recovery ex...
Q3 sales missed, owing to Enterprise and Gaming & Consumer performing below expectations, while EBITA was strong at DKK553m (c5.1% above consensus). The 2024 guidance was cut for organic growth to 1–2%, maintained for a 12–13% EBITA margin, and raised for FCF to DKK1.1bn+. With flat growth in headsets for two consecutive quarters, offset by a speakerphone decline, we now forecast -3% organic growth in 2024 (-2% in Q4). We reiterate our BUY and DKK230 target price.
>Q3 review - Miss on top line, EBITA as expected, beat on EPS level - GN Store Nord achieved Q3 2024 revenues of DKK 4,164m (-6.3% y-o-y, -6%/-5% vs ODDO BHF/consensus). Q3 EBITA reached DKK 553m (+18.7% y-o-y, margin 13.3%), which was in line with our and the consensus’ expectations. EPS reached DKK 1.86, well ahead of our DKK 1.44 and consensus’ DKK 1.34.GN Hearing continues its strong market outperformance - GN Hearing’s Q3 revenues of DKK 1,725m (...
Q3 operating EBIT was EUR173m, in line with the trading update on 15 October. The 2024 harvest guidance of 500kt was unchanged, and the 2025 target of 520kt was introduced. The DPS of NOK1.5 was in line with consensus. Management sees global supply growth (
Interim Report Q3 2024: Further margin expansion and strong cash flow despite mixed growth across divisions Highlights The Hearing division continued to gain significant market share leading to 10% organic revenue growth, while the divisional profit margin increased by 5.9 percentage points to 34.8%The Enterprise division was negatively impacted by sell-in pressure due to economic growth challenges in parts of Central Europe, while North America and Rest of World continued its stabilization. Overall, organic revenue growth ended at -7%, while sell-out growth was -3%. Despite the topline...
Update of financial guidance for 2024 GN has throughout the year increased its earnings power and cash flow generation, leading to an upgrade of the guidance on free cash flow excl. M&A to “DKK >1,100 million” and a confirmation of the EBITA margin guidance of “12 to 13%”. Following a somewhat softer market development than earlier anticipated for Enterprise and Gaming, GN adjusts its organic revenue growth guidance to “1% to 2%” Financial guidance for 2024 Organic revenue growthReported EBITA marginFree cash flow excl. M&A (DKK million)UpdatedPriorConfirmedPriorUpdatedPrior1% to 2%2% to 6...
Unfortunately, this report is not available for the investor type or country you selected.
Report is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.