EANS-News: OVB Holding AG / Half-Year Results 2009COLOGNE, Germany - - Economic downturn dampens OVB’s business performance in the first half of 2009 Azure Dynamics Announces Second Quarter 2009 ResultsOAK PARK, Michigan - - All Amounts in US$ Unless Otherwise Specified Azure Dynamics Corporation (TSX: AZD) - (”Azure” or the “Company”), a leading innovator in the development of environmentally friendly and cost effective hybrid electric and electric technologies for commercial vehicles, today reported its second quarter financial results for the period ending June 30, 2009. The Company also provided an update on corporate and product development activities. Capstone Reports Strong Second Quarter and Year-to-Date Results on Low Cost ProductionVANCOUVER - - Cash Flow from Operations (1) of US$22.6 million in Second Quarter and US $48.9 million in first 6 months of 2009 SQM Reports Earnings for the First Half of 2009SANTIAGO, Chile - Sociedad Quimica y Minera de Chile S.A. (SQM) (NYSE: SQM; Santiago Stock Exchange: SQM-B, SQM-A) reported today earnings for the first half of 2009 of US$169.4 million (US$0.64 per ADR), a decrease of 11.1% with respect to the same period of 2008, when earnings totaled US$190.5 million (US$0.72 per ADR). Operating income reached US$231.9 million (34.8% of revenues), 4.3% lower than the US$242.3 million (30.8% of revenues) recorded during the first half of 2008. Revenues totaled US$665.7 million for the first six months, representing a decrease of 15.4% over the US$787.1 million reported in the same period of 2008. Hutchison Telecom Announces 2009 Interim ResultsHONG KONG - Key Highlights: — Group total mobile customers grew 36.5 % year-on-year to approximately 11.6 million — Substantial increase of customer base in Indonesia to 6.4 million — Very positive GSM launch in Vietnam with customer acquisitions of 624,000 — Operating profit at HK$499 million, including one-time gains of HK$236 million — Spin-off of Hong Kong and Macau operations released value for shareholders Financial Results Highlights: Six months ended 30 June 2008 2009 HK$ HK$ millions millions Turnover 7,991 6,411 Operating profit 1,859 499 Profit /(Loss) for the period from continuing operations 1,684 (221) Profit from discontinued operations 279 196 Profit/ (Loss) for the period 1,963 (25) Profit/ (Loss) attributable to equity holders of the Company 1,165 (285) Basic earnings/(loss) per share attributable to equity holders of the Company HK$0.24 HK$(0.06) SGI Reports an Increase in Foreign Languages Sales Directly Linked to the RecessionLONDON - Despite the current poor state of the economy, Saint George International (SGI), the language training specialists, have announced a marked increase in the number of foreign language course sales throughout the UK in the first 2 quarters of the year. Braskem Announces EBITDA of R$566 Million, with Margin of 15.3%SAO PAULO - BRASKEM S.A. (BOVESPA: BRKM3, BRKM5 and BRKM6; NYSE: BAK; LATIBEX: XBRK), the leading company in the thermoplastic resins industry in Latin America and third-largest resin producer in the Americas, announces today its results for the second quarter of 2009 (2Q09). Oil Refineries Schedules Second Quarter and Six Month 2009 Earnings Release for August 17, 2009HAIFA, Israel - - Conference Call Scheduled for August 17, 2009 at 8am ET, 1pm UK Oil Refineries Ltd. (TASE: ORL.TA) (the “Company”), Israel’s largest oil refiner, announced today that it will be releasing its financial results for the second quarter and first six months 2009 on Monday, August 17, 2009. Noront Resources Reports CDN$20 Million Financing Fully SubscribedTORONTO - /THIS PRESS RELEASE IS INTENDED FOR DISTRIBUTION IN CANADA ONLY AND IS NOT INTENDED FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES/ Symbol: NOT:TSX-V Shares Outstanding: 154,578,457 Fully Diluted: 161,033,457 Magna Announces Second Quarter and Year to Date ResultsAURORA, Canada - Magna International Inc. (TSX: MG.A; NYSE: MGA) today reported financial results for the second quarter and six months ended June 30, 2009. Robin Akeroyd, Managing Director of Crocs Europe, Comments on Quarter 2 EarningsTHE HAGUE, The Netherlands - “We are completely free of bank debt and have US$77.5 million in cash and cash equivalents. We are on track with re-structuring activities in Europe necessary due to the economic downturn, a previous high growth spiral and sufferings from parallel imports and knock-offs. Where the focus has been in the past on operations to meet growing demand, we have refocused on product development, customer service, marketing and sales. Our new financial position allows us to invest in these key areas.” Crocs, Inc. Reports Fiscal 2009 Second Quarter Financial ResultsNIWOT, Colorado - - Second Quarter Revenue of $198 Million Exceeds Guidance - Cash Increases 50% to $78 Million in First Half of 2009 - Announces Full Repayment of Outstanding Credit Facility - Reduces Inventory 22% Since Year End 2008 Fraport Interim Report - First Half 2009: Revenue Slightly Down - Group Profit PositiveFRANKFURT - - Crisis Effect on Traffic Figures Eases The economic and financial crisis also left its mark on Fraport AG in the first six months of the current year. Group-wide passenger traffic in the first half of 2009 dropped 5.8 percent year-on-year, while the Frankfurt Airport (FRA) home base registered 8 percent fewer passengers. Adjusted for consolidation effects, Group revenue slipped 2.2 percent year-on-year to EUR941.2 million; EBITDA (earnings before interest, tax, depreciation and amortization) fell 10.5 percent compared to the same period last year to EUR255.4 million. Group profit continued to be positive, too, reaching EUR70.1 million. However, this was 31.1 percent less than in the January-to-June 2008 period, before the global regression set in. Inmarsat plc Reports 2009 Interim ResultsLONDON - Inmarsat plc (LSE: ISAT), the leading provider of global mobile satellite communications services, today reported consolidated financial results for the 6 months ended 30 June 2009. BBA Aviation - CEO Interviewed on Interim Results 2009LONDON - BBA Aviation, the leading provider of flight support and aftermarket services and systems to the aviation industry, said while revenues in the first half were down 13 per cent, operating profits only fell 2 per cent on a like-for-like basis, to GBP50.6m, thanks to the “difficult” measures it had taken to mitigate against the downturn. Aviva Returns To ProfitLONDON - In a video interview published on cantos.com this morning, Aviva’s Chief Executive Andrew Moss said that Aviva reported a GBP747m bottom line profit for the first half of 2009. Another “major positive” cited by Moss is that the capital position of the Group has increased to a regulatory surplus of GBP3.2bn at the end of June up from GBP2bn at the year end. CTC Media: Financial Results for the Second Quarter, Ended June 30, 2009MOSCOW - CTC Media, Inc. (”CTC Media” or “the Company”) (NASDAQ: CTCM), Russia’s leading independent media company, today announced its unaudited consolidated financial results for the second quarter and six months ended June 30, 2009. Canadian Solar Reports Second Quarter 2009 ResultsONTARIO, Canada - Q209 Highlights – Net revenues of US$114.2 million, a 131% increase from Q109 net revenues of US$49.5 million. — Shipments of 48.2 MW, a 168% increase from Q109 shipments of 18 MW. — Gross margin of 20.2% and net margin of 15.5%, compared to Q109 negative gross margin of 7.9% and Q109 negative net margin of 9.7%. — Earnings per diluted share of US$0.49, compared to Q109 net loss per diluted share of US$0.13. Varicent Stays Sharp In Second Quarter Of 2009TORONTO - - Sales Performance Management and Incentive Compensation leader closes second quarter with continued customer adoption and significant product innovation Allied World Reports 44% Increase in Second Quarter 2009 Net Income; 13.4% Increase in Total Book Value Year To DatePEMBROKE, Bermuda - Allied World Assurance Company Holdings, Ltd (NYSE: AWH) today reported net income of US$113.7 million, or US$2.22 per diluted share, for the second quarter of 2009 compared to net income of US$79.2 million, or US$1.56 per diluted share, for the second quarter of 2008. Net income for the six months ended June 30, 2009 was US$245.1 million, or US$4.79 per diluted share, compared to net income of US$210.2 million, or US$4.12 per diluted share, for the first six months of 2008. Chiquita Reports Strong Second Quarter 2009 ResultsCINCINNATI - - Comparable Q2 2009 EPS of US$2.08; Reported GAAP EPS of US$1.95 - Salads full-year 2009 operating margin target raised to at least six percent Fannie Mae Reports Second-Quarter 2009 ResultsWASHINGTON - Fannie Mae (NYSE: FNM) today reported its second-quarter 2009 results and filed its quarterly report on Form 10-Q with the Securities and Exchange Commission. The filing provides consolidated financial statements for the second quarter of 2009. The following documents are now available on Fannie Mae’s Web site: ARCADIS Improves Income at Slightly Lower RevenuesAMSTERDAM - - Net Income From Operations Increases 5% in Second Quarter, in First Half Year by 3% AXA: Solid Half Year 2009 EarningsPARIS - Earnings recovery in 1H09 versus 2H08: - Underlying Earnings: Euro 2,116 million down 26% yoy, up 63% sequentially - Adjusted Earnings: Euro 1,736 million down 50% yoy, up 327% sequentially - Net Income: Euro 1,323 million down 38% yoy, up Euro 2,577 million sequentially Shire plc: Core Portfolio of Products Delivers 20% Sales GrowthLONDON - - 2009 Guidance Framework Reaffirmed Shire plc (LSE: SHP, NASDAQ: SHPGY) the global specialty biopharmaceutical company, announces results for the three months to June 30, 2009. Orient-Express Hotels Reports Second Quarter 2009 ResultsHAMILTON, Bermuda - Second Quarter 2009 Earnings Summary - Second quarter total revenues, excluding Real Estate, of $132.0 million - Same store RevPAR down 24% in local currency, 33% in US dollars - Adjusted EBITDA before Real Estate of $26.7 million Key Events - Raised $141.3 million of cash in common share offering in May 2009 primarily for debt reduction - Completed sale of Lapa Palace for $42.0 million (EUR29.4 million), or 22x 2008 EBITDA - Entered into sale agreement for Windsor Court Hotel - Entered into agreement with the New York Public Library to spread future payments over 24 months - Same store revenue drop offset by 54% through fixed and variable overhead savings - Completed $16 million re-financing of Australian properties - Implemented launch of corporate brand strategy, including new website - Obtained tangible net worth covenant waivers on two facilities referenced in 2008 Form 10-K Redknee Reports Profitable Growth in Q3-2009TORONTO, Canada - Redknee (TSX:RKN), a leading provider of business-critical software and services for communications service providers, including end-to-end converged billing, real-time charging, rating and personalization, today announced its results for the third quarter of fiscal 2009, ended June 30, 2009. Endeavour Announces 2009 Second Quarter Financial and Operating ResultsHOUSTON - Endeavour International Corporation (NYSE Amex: END) (LSE: ENDV) today reported discretionary cash flow for the second quarter of 2009 of US$19.0 million and net income, as adjusted, of US$38.5 million. Production for the period averaged 5,360 barrels of oil equivalent per day. Standard Chartered - Interim Results Interviews With CEO and FDLONDON - In video interviews on cantos.com, Peter Sands, Group Chief Executive, and Richard Meddings, Group FD, of Standard Chartered talk about the reasons behind the bank’s record first half performance, why they’ve decided to raise additional equity and their confidence for the future. Buongiorno Preliminary Results for H1 2009MILAN - - EBITDA of Euro 18.6 Million, up 14% Compared to H1 2008, Thanks to the Growth of the Most Profitable Business Segments and the Decrease of Fixed Costs. Tetragon Financial Group Limited (TFG):Performance Report for Period Ended 30 June 2009LONDON - Tetragon Financial Group Limited (TFG) is a Guernsey closed-ended investment company traded on Euronext Amsterdam by NYSE Euronext under the ticker symbol “TFG.” Barclays - CEO Interviewed on Interim Results 2009LONDON - UK Banking group Barclays today announced its half-year 2009 results. In a video interview on cantos.com CEO John Varley looks at the group’s strong income performance as well as the success of the overall strategy for earnings diversification. HSBC - Interim Results 2009 Interviews With CEO and FDLONDON - International banking group HSBC today announced its half-year 2009 results. In a video interview on cantos.com, Group CEO Michael Geoghegan looks at the results, the group’s business performances including Global Banking and Markets as well as an update on its North America operations. Hoya Announces First Quarter Financial Results for FY2010TOKYO, Japan - HOYA Corporation today announced financial results for the first quarter ended June 30, 2009. Net sales were 94.9 billion yen for the quarter, a 27.0% decrease from 130.1 billion yen in the same period last year, and operating income was 9.2 billion yen, a 57.5% decrease from 21.8 billion yen in the same period last year, mainly due to order decrease and the impact of exchange rates. Since April, however, there has been a degree of recovery noted in orders, which resulted in an increase of both net sales and operating income compared to the fourth quarter FY2009 ended March 31, 2009. Banco Bradesco Announces First Half 2009 Earnings ResultsSAO PAULO - Banco Bradesco S.A. (NYSE: BBD) announces First Half 2009 Earnings Results. |
