Latest news with #CorporateGovernanceReport
Yahoo
16-05-2025
- Business
- Yahoo
Richemont publishes FY25 Annual Report and Accounts
AD HOC ANNOUNCEMENT PURSUANT TO ART. 53 LR16 MAY 2025 RICHEMONT PUBLISHES FY25 ANNUAL REPORT AND ACCOUNTS Richemont has today published its Annual Report and Accounts for the year ended 31 March 2025. The Annual Report includes the Chairman's review to shareholders, the annual consolidated and statutory financial statements, and the corresponding audit reports. It reflects the information provided in Richemont's full-year 2025 results announcement issued today. Richemont expects to publish the combined Annual Report with the Compensation Report, the Corporate Governance Report and the Business review for the year ended 31 March 2025, on 5 June 2025. At that time, it will also publish the Group's Non-Financial Report 2025. The Annual Report is available for download on the Company's website athttps:// About Richemont At Richemont, we craft the future. Our unique portfolio includes prestigious Maisons distinguished by their craftsmanship and creativity. Richemont's ambition is to nurture its Maisons and businesses and enable them to grow and prosper in a responsible, sustainable manner over the long term. Richemont operates in three business areas: Jewellery Maisons with Buccellati, Cartier, Van Cleef & Arpels and Vhernier; Specialist Watchmakers with A. Lange & Söhne, Baume & Mercier, IWC Schaffhausen, Jaeger-LeCoultre, Panerai, Piaget, Roger Dubuis and Vacheron Constantin; and Other, primarily Fashion & Accessories Maisons with Alaïa, Chloé, Delvaux, dunhill, G/FORE, Gianvito Rossi, Montblanc, Peter Millar, Purdey, Serapian as well as Watchfinder & Co. Find out more at Richemont A shares are listed on the SIX Swiss Exchange, Richemont's primary listing, and are included in the Swiss Market Index ('SMI') of leading stocks. Richemont A shares are listed on the Johannesburg Stock Exchange, Richemont's secondary listing. Investor/analyst and media enquiries+41 22 721 3003 (investor relations) 22 721 3507 (media)pressoffice@ Click here for a printer-friendly version in English (PDF)Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
11-04-2025
- Business
- Yahoo
NORBIT ASA - Annual Report for 2024
Trondheim, 11 April 2025: NORBIT today announces that it has published its Annual Report for 2024, which also includes the sustainability reporting in accordance with CSRD and the Corporate Governance Report, which the board of directors approved on 10 April 2025. "2024 was another eventful year for NORBIT. We successfully executed our plans to strengthen the organisation, invest in R&D, and expand our capacity - enabling us to reach our targets for the year and preparing for the future.', says Per Jørgen Weisethaunet, CEO of NORBIT. The report is attached to this notice and is also available at the company's website, under Investors. The company also publishes its annual financial statements in European Single Electronic Format (ESEF), available as an attachment to this release. For further queries, please contact:Per Jørgen Weisethaunet, CEO, +47 959 62 915Per Kristian Reppe, CFO, +47 900 33 203 About NORBIT ASANORBIT is a global provider of tailored technology to selected applications, solving challenges and promoting sustainability through innovative solutions, in line with its mission to Explore More. The company is structured in three business segments to address its key markets: Oceans, Connectivity and Product Innovation & Realization. The Oceans segment delivers tailored technology solutions to global maritime markets. The Connectivity segment provides wireless solutions for identification, monitoring and tracking. The Product Innovation & Realization segment offers R&D services, proprietary products, and contract manufacturing to key customers. NORBIT is headquartered in Trondheim with manufacturing in Europe and North America, has around 600 employees, and a worldwide sales and distribution platform. For more information: This information is subject to the disclosure requirements in the Norwegian Securities Trading Act § 5-12. Attachments 254900C08RCMXVZYFY97-2024-12-31-0-en NORBIT ASA - Annual Report 2024
Yahoo
04-04-2025
- Business
- Yahoo
Aker Solutions ASA: Annual, Remuneration and Corporate Governance reports for 2024
OSLO, Norway, April 4, 2025 /PRNewswire/ -- Aker Solutions today publishes its annual report, remuneration report and corporate governance report for 2024. The reports are attached and also available on and Aker Solutions has also published its annual financial statements in European Single Electronic Format (ESEF), available as an attachment to this release. CONTACT: Preben Ørbeckinvestor 470 10 611 Hallvard Norummedia 913 80 820 This information was brought to you by Cision The following files are available for download: AKSO - Annual report 2024 Remuneration Report 2024 Corporate Governance Report 2024 View original content:
Daily Tribune
28-03-2025
- Business
- Daily Tribune
BENEFIT AGM approves 10 per cent dividend
BENEFIT, the Kingdom's innovator and leading company in Fintech and electronic financial transactions service, held its Annual General Meeting (AGM) at the company's headquarters in the Seef District. Based on the Board's recommendation, the shareholders approved the distribution of a cash dividend equivalent to 10% of the paid-up share capital. Furthermore, the shareholders endorsed the allocationof a total amount of BD 172,500 as remuneration to the members of the Board for the year ended 31 December 2024, subject to prior clearance by related authorities. The meeting reviewed and approved the Corporate Governance Report for 2024, which affirmed the company 's full compliance with the corporate governance directives issued by the CBB and other applicable regulatory frameworks. In alignment with regulatory requirements, the sessionapproved the reappointment of Ernst & Young (EY) as the company's External Auditors for the fiscal year 2025, covering both the parent company and its subsidiaries—Sinnad and Bahrain FinTech Bay. Speaking on the company's performance, Mr. Mohamed Al Bastaki, Chairman BENEFIT , stated: 'In terms of the financial results for 2024, I am pleased to say that the year gone by has also been proved to be asuccess in delivering tangible results. Growth rate for 2024 was 19 per cent. Revenue for the year was BD 17 M (US$ 45.3 Million) and net profit was 2 Million ($ 5.3 Million). Mr. Al Bastaki also announced that the Board had formally adopted a new three-year strategic roadmap to commence in 2025. The strategy encompasses a phased international expansion, optimisation of internal operations, enhanced revenue diversification, longterm sustainability initiatives, and the advancement of innovation and digital transformation initiatives across all service lines. Chief Executive of BENEFIT; Mr. Abdulwahed AlJanahi affirmed that BENEFIT has successfully developed a robust and well-integrated payment network that connects individuals and businesses across Bahrain, accelerating the adoption of emerging technologies in the banking and financial services sector and reinforcing Bahrain's position as a growing fintech hub
Daily Tribune
27-03-2025
- Business
- Daily Tribune
BBK General Assembly approves 35% Cash Dividend distribution
Bahrain and Kuwait Bank (BBK) held its Annual General Meeting (AGM) on Tuesday at the Manama Hall, Four Seasons Hotel. The meeting reviewed key agenda items related to the bank's performance for the financial year ended December 31, 2024. During the AGM, shareholders approved the minutes of the previous Ordinary General Meeting, held on March 27, 2024, and reviewed and endorsed the Board of Directors' report on the bank's operations for 2024. The Group Chief Executive Officer delivered a brief presentation highlighting BBK's key achievements and business milestones throughout the year. The Board of Directors also reviewed the external auditors' report and discussed the bank's financial statements for 2024, which were subsequently approved by the shareholders. Additionally, the General Assembly approved the Board's recommendation to distribute a cash dividend of 35% of the nominal value per share, equivalent to 35 fils per share, totaling BHD 63,189,173. This includes an interim dividend of 12.5%, amounting to BHD 22,614,348. Furthermore, shareholders approved the allocation of BHD 4,814,100 to the statutory reserve, BHD 2,200,000 for corporate social responsibility initiatives related to the bank and its subsidiaries, and BHD 1,758,008 to retained earnings. Other key agenda items included reporting on transactions conducted with related parties during the financial year ended December 31, 2024, as outlined in Note (26) of the financial statements, as well as reviewing BBK's Corporate Governance Report for 2024 and the bank's compliance with the Central Bank of Bahrain's regulatory requirements. Shareholders also approved the Board's recommendation to allocate BHD 660,000 as remuneration for the Board of Directors for 2024. They further endorsed the re-appointment of EY as external auditors for the financial year 2025, subject to the approval of the Central Bank of Bahrain, and authorized the Board of Directors to determine their fees. Additionally, the AGM granted discharge to Board members for their actions during the financial year ended December 31, 2024, and discussed any other business in accordance with Article (207) of the Commercial Companies Law. Commenting on the AGM outcomes, Mr. Tariq Al Saffar, Chairperson of BBK Group, stated, 'In 2024, BBK maintained its steady growth trajectory, achieving strong profitability while continuing its solid track record of delivering sustainable returns to shareholders. We are proud of the bank's outstanding performance over the past year. Through our team's dedication and well-crafted strategies, we have achieved strong financial results, reinforcing our market position. This reaffirms our commitment to enhancing shareholder value and driving the bank's sustainable growth. Mr. Al Saffar further emphasized that the bank's new strategic direction builds upon its robust local performance while expanding its global presence to ensure long-term sustainability. 'The financial allocations approved today reflect BBK's strong financial position and the Board's confidence in its future. Moreover, our commitment to corporate social responsibility underscores our dedication to supporting the community and contributing to Bahrain's economic and social development.' BBK Group Chief Executive, Mr. Yaser Alsharifi, highlighted the bank's strong financial position and notable achievements in 2024, reaffirming its leadership in Bahrain's financial sector. 'We have made significant strategic progress, including expanding our market share, enhancing operational efficiency, and further investing in digital transformation and innovation to improve the customer experience.' He added, 'Our continuous efforts to uphold transparency and corporate governance reflect our commitment to the highest standards of corporate responsibility. Looking ahead to 2025, we are confident in executing our strategic plans to drive sustainable growth, enhance shareholder value, and introduce innovative financial solutions to optimize operational efficiency and elevate customer experience. We will also continue expanding our core business by increasing market share across various segments while delivering cutting-edge digital banking solutions.'
