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Focus Financial Partners Reports Fourth Quarter and Full Year 2020 Results


Focus Financial Partners Reports Fourth Quarter and Full Year 2020 Results
Record Financial Performance Demonstrates Benefits of Industry-Leading Scale and Resilient Business Model
NEW YORK, NY / ACCESSWIRE / February 18, 2021 / Focus Financial Partners Inc. (NASDAQ:FOCS) ( Focus Inc. , Focus , the Company , we , us or our ), a leading partnership of independent, fiduciary wealth management firms, today reported results for its fourth quarter and full year ended December 31, 2020.
Fourth Quarter 2020 Highlights
Organic revenue growth
GAAP net income of $7.7 million
GAAP basic and diluted net income per share attributable to common shareholders of $0.07
Adjusted Net Income Excluding Tax Adjustments
(2) of $57.0 million and Tax Adjustments of $9.9 million ....

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PAREF: FULL YEAR RESULTS AS AT DECEMBER 31, 2020


PAREF: FULL YEAR RESULTS AS AT DECEMBER 31, 2020
At group level, assets under management increased by 9% to reach approximately €2.4bn
€196m of owned assets (
€2,187m managed on behalf of institutional and retail investors mainly through SCPI
1 and OPPCI
Solid financial indicators
EPRA Net recurring results per share increased by 8% at €5.40 (€5.02 as at December 31, 2019)
EPRA Net Reinstatement Value (NRV)
increased by 6% at €125.1 per share (€117.9 per share as at December 31, 2019)
Loan to Value (LTV
Substantial
€42m (including an undrawn committed credit line)
The Management Board of PAREF, during the meeting held on February 18, 2021, approved the closing of the annual statutory and consolidated accounts as at December 31, 2020. The review of the results by our auditors is in progress. ....

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Fletcher forecasts 312% operating profit rise, sector faces recruitment pressures


Fletcher forecasts 312% operating profit rise, sector faces recruitment pressures
19 Feb, 2021 04:25 AM
4 minutes to read
Fletcher Building has bounced back, forecasting it will make $610 million to $660m operating profit for the full year, up on the previous year s pandemic-hit $160m.
Last year, the business reported a net earnings loss
so this year s anticipated result is a huge turnaround for New Zealand s largest building materials manufacturer, supplier and builder.
But the latest forecast rise is not as spectacular if one looks back to 2019, when it made $549m operating profit.
Still, the company exceeded even its own forecast top-end range this week. It had said that in the half-year to December 31, 2020, it would make $305m to $320m but it came in $3m above that at $323m and surprised the market by declaring it would reinstate dividends and pay shareholders 12cps next month. ....

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Multiconsult ASA (OSE: MULTI) - Strong fourth quarter and record high full year results


Multiconsult ASA (OSE: MULTI) - Strong fourth quarter and record high full year results
STOCKHOLM, Feb. 17, 2021 /PRNewswire/
Multiconsult has seen strong improvements and continued profitability through the year, including a strong fourth quarter with an EBIT of NOK 83.0 million (8.6% margin). Net revenues for 2020 increased to NOK 3 661 million, an increase of 6.6% compared with 2019. The full year EBIT was NOK 371.0 million (10.1% margin) compared with NOK 106.3 million (3.1%) in 2019. The EBIT, ex. restructuring cost, was NOK 401.0 million (11.0% margin). The nextLEVEL improvement programme surpassed its target towards the end of 2020, partially contributing to a significant reduction of operating expenses. Order intake in the quarter was a solid NOK 1 423 million, resulting in an all-time high order backlog of NOK 3 327 million. The board of directors proposes a dividend of NOK 8.00 per share to be paid as ordinary dividend. ....

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Sinch AB (publ): Invitation to conference call and web presentation of Sinch Q4 2020 full year report Stockholm Stock Exchange:SINCH


(MENAFN - GlobeNewsWire - Nasdaq) Stockholm, Sweden – Sinch AB (publ) – XSTO: SINCH
Sinch AB will publish its 2020 full year report on Thursday, February 18, 2021, at 07:30 AM CET. You are invited to participate in a conference call at 14:00 AM CET on the same day. Oscar Werner, CEO, and Roshan Saldanha, CFO, will present the report and review the results.
Time for publication of the interim report
Thursday February 18, 2021, at 07:30 AM CET
Time for conference call and web presentation
Thursday February 18, 2021, at 14:00 AM CET
Dial-in numbers and access code
Sinch will present the 2020 full year report in a webcast conference call. Please make sure you are connected to the conference by calling in and register a few minutes before the conference begins. ....

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