Latest news with #GroupPlc
Bloomberg
3 days ago
- Business
- Bloomberg
Klarna Is Selling Up to $26 Billion of Buy-Now, Pay-Later Loans to Nelnet
Klarna Group Plc agreed to sell as much as $26 billion of buy-now, pay-later loans to the student loan giant Nelnet Inc. as the fintech looks for ways to free up capital ahead of its public debut. The multi-year deal is structured as a so-called forward-flow agreement, where a buyer agrees to purchase loans before they have been originated. With the deal, Klarna will be able to expand its pay-in-4 product in the US, which allows consumers to split up purchases and pay them off interest free in a matter of weeks.
Bloomberg
3 days ago
- Business
- Bloomberg
Klarna's Quarterly Net Loss Widens After 64% Surge in Provisions
Klarna Group Plc had to set aside more money for potentially souring loans in the second quarter, a move that put pressure on profits ahead of its expected public debut. The company said provisions rose 64% to $174 million in the three months ending in June, according to a statement. At the same time, credit losses in the period remained low, representing less than 1% of gross merchandise volume.
Bloomberg
24-07-2025
- Business
- Bloomberg
Vodafone Starts to Stem Losses In Germany After Long Decline
Vodafone Group Plc is starting to reverse a steady decline in Germany, its largest market, after heavy competition and a regulatory change cost the company millions of customers. Organic service revenue in Germany fell 3.2% to €2.7 billion ($3.2 billion) in the first quarter, the telecommunications operator said in a statement on Thursday. Analysts expected a drop of 4.6%, according to estimates compiled by Bloomberg.
Yahoo
10-03-2025
- Business
- Yahoo
Aspocomp has published its Annual Report 2024 and Corporate Governance Statement 2024
Aspocomp Group Plc, Annual Financial Report, March 10, 2025, at 9:00 Group Plc has published today its Annual Report 2024 and Corporate Governance Statement 2024. The Annual Report 2024 contains Aspocomp's consolidated financial statements, the parent company financial statements, Report of the Board of Directors and the Auditor's Report. Aspocomp's Annual Report in Finnish has been published in accordance with European Single Electronic Format (ESEF) reporting requirements as an Extensible Hypertext Markup Language (xHTML) file. In line with the ESEF requirements, the primary financial statements have been marked up with XBRL tags and the notes to the financial statements have been labeled with XBRL block tags. The audit firm Ernst & Young Oy has provided an independent auditor's reasonable assurance report on Aspocomp's Finnish-language ESEF Consolidated Financial Statements in accordance with ISAE 3000. The auditor's reasonable assurance report is included in the xHTML official Finnish-language ESEF-format Annual Report (as an XHTML file) and the attached non-official English translation (in PDF format) are available at the Corporate Governance Statement is also attached to this release as a PDF file and is available at For further information, please contact Manu Skyttä, President and CEO,tel. +358 20 775 6860, GROUP PLCManu SkyttäPresident and CEOAspocomp – heart of your technologyA printed circuit board (PCB) is used for electrical interconnection and as a component assembly platform in electronic devices. Aspocomp provides PCB technology design, testing and logistics services over the entire lifecycle of a product. The company's own production and extensive international partner network guarantee cost-effectiveness and reliable customers are companies that design and manufacture telecommunication systems and equipment, automotive and industrial electronics, and systems for testing semiconductor components for security technology. The company has customers around the world and most of its net sales are generated by is headquartered in Espoo and its plant is in Oulu, one of Finland's major technology Attachments Aspocomp Annual Report 2024 Aspocomp Corporate Governance Statement 2024Sign in to access your portfolio
