CHAMPFROMIER, FRANCE, Feb. 12 (Korea Bizwire) – AKWEL (FR0000053027, AKW, PEA-eligible), the automotive and HGV equipment and systems manufacturer specialising in fluid management and mechanisms, posted consolidated turnover of €937.2m in 2020, limiting the year-on-year drop to -14.9%, or -10.9% comparing like-for-like figures. Yearly consolidated turnover In € millions – unaudited 2020 2019 Variation Like-for-like variation(1) [...]
2020 revenues from Business Aircraft activities reached $5.6 billion, growing 3% year-over-year on 114 deliveries, 44 of which were in the fourth quarter, including a record 16 Global 7500 aircraft deliveries 2020 adjusted EBITDA(1) of $200 million from continuing operations; $912 million of reported EBIT, reflects the accounting gains on disposal of the CRJ and aerostructures businesses Fourth [...]
SEOUL, Feb. 9 (Korea Bizwire) — Kia Corp., South Korea’s second-biggest carmaker by sales, said Tuesday it will invest 29 trillion won (US$26 billion) in car manufacturing facilities and future mobility technologies by 2025. Kia will spend 18.8 trillion won on enhancing profitability in the existing car manufacturing business and 10.1 trillion won on generating [...]
SEOUL, Feb. 9 (Korea Bizwire) – KT Corp., a major South Korean telecom operator, said Tuesday it shifted to a net profit during the final quarter of last year on the back of growing 5G users. Net income reached 39.1 billion won (US$35 million) in the October-December period on a consolidated basis, compared with a [...]
SEOUL, Feb. 9 (Korea Bizwire) — Kakao Corp., the operator of South Korea’s top mobile messenger KakaoTalk, said Tuesday it shifted to the black in 2020 on the back of robust growth of its e-commerce services based on its messenger platform amid the pandemic. Net profit reached 167.1 billion won (US$149.2 million) last year on [...]
LOS ANGELES, Feb. 5 (Korea Bizwire) — Toga Limited, a Nevada corporation (OTC: TOGL) today announces its unaudited financial results for fiscal years ended July 31, 2020 and 2019. Year-End 2020 and 2019 Unaudited Financial Highlights The Company is posting its unaudited financial results as of and for the year-ended July 31, 2020 along with [...]
MONTRÉAL, Feb. 5 (Korea Bizwire) — Bombardier (TSX: BBD.B) will publish its financial results for the fourth quarter and full year ended December 31, 2020 on Thursday, February 11, 2021. On February 11, 2021 at 8:00 a.m., EST, Bombardier will hold a webcast/conference call intended for investors and financial analysts to review the company’s financial results [...]
Paris, FRANCE, Feb. 5 (Korea Bizwire) - Q4 2020 sales growth(2) of 4.2% and business EPS growth of 9.8% at CER Specialty Care sales grew 18.3%, driven by strong Dupixent® performance (+54.2% to €982 million). Vaccines up 14.6%, driven by record demand for differentiated influenza vaccines and continued growth of PPH. General Medicines declined 7.5%, reflecting lower [...]
SEOUL, Feb. 4 (Korea Bizwire) — Korean Air Lines Co., South Korea’s biggest carrier, said Thursday its net losses narrowed in 2020 from a year earlier, as it offset the pandemic-caused slump in passenger travel with increased cargo deliveries and enjoyed decent gains from an asset sale. Net losses narrowed to 291.45 billion won (US$260 [...]
The Hague, Feb. 4 (Korea Bizwire) - “2020 was an extraordinary year. We have taken tough but decisive actions and demonstrated highly resilient operational delivery while caring for our people, customers and communities. We are coming out of 2020 with a stronger balance sheet, ready to accelerate our strategy and make the future of energy. [...]