TAALERI PLC S INTERIM STATEMENT 1 JANUARY-31 MARCH 2021 Taaleri sold its wealth management operations and revised its strategy - a strong result in the first quarter On 10 March 2021, Taaleri announced the sale of the wealth management operations to Aktia. Taaleri applies the requirements of IFRS 5 Non-current Assets Held for Sale and Discontinued Operations in the classification, presentation, and recognition of sale of the wealth management operations. January-March 2021, IFRS reporting, continuing operations Income from continuing operations in accordance with IFRS amounted to EUR 12.1 (-2.2) million and operating profit to EUR 4.7 (-8.1) million. Earnings per share were EUR 0.13 (-0.30) for continuing operations, EUR 0.11 (0.09) for discontinued operations and EUR 0.25 (-0.20) for income for the period.
Taaleri Plc’s Interim Statement 1 January–31 March 2021:
Taaleri sold its wealth management operations and revised its strategy – a strong result in the first quarter
On 10 March 2021, Taaleri announced the sale of the wealth management operations to Aktia. Taaleri applies the requirements of IFRS 5 Non-current Assets Held for Sale and Discontinued Operations in the classification, presentation, and recognition of sale of the wealth management operations.
January–March 2021, IFRS reporting, continuing operations
Income from continuing operations in accordance with IFRS amounted to EUR 12.1 (-2.2) million and operating profit to EUR 4.7 (-8.1) million.
Earnings per share were EUR 0.13 (-0.30) for continuing operations, EUR 0.11 (0.09) for discontinued operations and EUR 0.25 (-0.20) for income for the period.
Consolidated operating result rises from ?34 million to ?87 million ? an increase of ?53 million
Margin more than doubles to 6.2% after 2.5% in same quarter of previous year
Operating free cash flow improves by ?129 million to ?-59 million
Earnings per share almost quadruple from ?0.30 to ?1.14
Outlook for 2021 confirmed and adjusted to new reporting structure
The Düsseldorf-based Rheinmetall AG started fiscal 2021 with sales growth and significantly improved earnings in the first three months. In terms of sales, Rheinmetall benefited in the first quarter from the continuing economic recovery of the automotive industry and from ammunition deliveries that had originally been expected in the second quarter of 2021 but were moved forward by the customers. In addition to the sales growth, the increase in earnings resulted particularly from the cost reduction measures initiated in 2020 in response to the production declines in the automotive industry due to the pandemic.
Consolidated operating result rises from ?34 million to ?87 million – an increase of ?53 million
Margin more than doubles to 6.2% after 2.5% in same quarter of previous year
Operating free cash flow improves by ?129 million to ?-59 million
Earnings per share almost quadruple from ?0.30 to ?1.14
Outlook for 2021 confirmed and adjusted to new reporting structure
The Düsseldorf-based Rheinmetall AG started fiscal 2021 with sales growth and significantly improved earnings in the first three months. In terms of sales, Rheinmetall benefited in the first quarter from the continuing economic recovery of the automotive industry and from ammunition deliveries that had originally been expected in the second quarter of 2021 but were moved forward by the customers. In addition to the sales growth, the increase in earnings resulted particularly from the cost reduction measures initiated in 2020 in response to the production declines in the automotive industry due to the pandemic.
Chesapeake Utilities Corporation Reports First Quarter 2021 Results
- Earnings per share ( EPS ) from continuing operations was $1.96 for the first quarter of 2021, an increase of $0.19, or 10.7 percent, compared to $1.77 for the first quarter of 2020
- Strong performance driven by over $17 million in additional gross margin for the quarter
- Natural gas expansion projects, regulatory initiatives and contributions from 2020 acquisitions generated $7.2 million in additional gross margin during the quarter
- Return to more normal temperatures in the first quarter of 2021 increased gross margin by $6.4 million
- Capital investments of $48.7 million for the quarter align with the 2021 capital forecast
- Capital structure at the end of the first quarter of 2021 was 52 percent equity to total capitalization