DGAP-News: BP p l c Group results - First quarter 2021 finanznachrichten.de - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from finanznachrichten.de Daily Mail and Mail on Sunday newspapers.
Abu Dhabi Securities Exchange Circular No. (07) Of 2020 Concerning Disclosing First Quarter Financial Statement 2021 Date
26/04/2021
In considering the importance of disclosure, transparency of financial information, and financial statements of listed companies for the benefit of all investors and securities dealers, based on the rule (4-2) (amended regulations of ADX) and board of directors resolutions in this regard, the following requirements should be submitted to ADX:
A reviewed quarterly financial report should be provided within 45 days from the end of any quarter along with board of directors’ report or a management discussion & analysis (MD &A) (Signed), according to the requirements and guidelines
April 26, 2021
First-quarter highlights
Following the agreement to sell the Domestic Appliances business to global investment firm Hillhouse Capital, this business is reported as a discontinued operation as of Q1 2021. Consequently, sales and results from the Domestic Appliances business are no longer included in the results of continuing operations.
Group sales amounted to EUR 3.8 billion, with 9% comparable sales growth
Comparable order intake decreased 5%, with double-digit growth in the Diagnosis & Treatment businesses and a double-digit decline in the Connected Care businesses on the back of 80% growth in Q1 2020
Income from continuing operations was a loss of EUR 34 million. Excluding the impact of a provision related to precautionary actions to address a component quality issue, income from continuing operations improved by EUR 139 million year-on-year. Income from continuing operations was EUR 17 million in Q1 2020.
PHG Stock Down 4%, Philips Raises 2021 Outlook after Increase in Q1 Sales amid Coronavirus Pandemic
Apr 26 2021 · 15:02 UTC | Updated
3 hours ago
Photo: Depositphotos
With the spike in Q1 sales, Philips now expects “low-to-mid-single-digit comparable sales growth.”
Health technology company Koninklijke Philips NV (NYSE: PHG) has raised its 2021 outlook as the company recorded an increase in first quarter (Q1) sales. Philip revealed a surge in its quarterly profit due to the growing demand for hospital equipment and personal health appliances amid the coronavirus pandemic.
Philips 2021 Outlook
Philips lifted its outlook for 2021 while announcing growth in its core earnings. In a press release published on the 26th of April, Philips noted that its core earnings climbed 74% in Q1. The company said the company’s earnings was EUR 362 million ($438 million), above analysts’ prediction.
IFS announces filing of 2020 Annual Report on Form 20-F prnewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prnewswire.com Daily Mail and Mail on Sunday newspapers.