LU

Millicom (Tigo) Q1 2024 Earnings Release

Retrieved on: 
Wednesday, May 8, 2024
Millicom, Investment, Web conferencing, FX, OCF, Growth, AGM, Food delivery

Q1 benefited from large B2B contracts, favorable capex phasing, stronger FX and other tailwinds, yet Q1 results demonstrate the cash flow generation potential of the business, and strengthen our ability to achieve our 2024 Equity Free Cash Flow target of $550 million.

Key Points: 
  • Q1 benefited from large B2B contracts, favorable capex phasing, stronger FX and other tailwinds, yet Q1 results demonstrate the cash flow generation potential of the business, and strengthen our ability to achieve our 2024 Equity Free Cash Flow target of $550 million.
  • The entire Board and I look forward to working with Marcelo to ensure a smooth transition and continued success in his incredible journey with Millicom over the past 30 years."
  • Millicom is planning to host a video conference for the global financial community on May 8, 2024, at 14:00 (Stockholm) / 13:00 (London) / 08:00 (Miami).
  • Accompanying slides and a replay of the event will be available on the Millicom investors website.

Millicom (Tigo) share repurchase activity

Retrieved on: 
Friday, May 3, 2024
Nasdaq Stockholm, Harbor, MAR, Treasury

All purchases were carried out on Nasdaq Stockholm by Citigroup Global Markets Limited on behalf of Millicom.

Key Points: 
  • All purchases were carried out on Nasdaq Stockholm by Citigroup Global Markets Limited on behalf of Millicom.
  • Following the purchases, Millicom holds 824,911 treasury shares as of May 3, 2024.
  • The repurchase program is being executed consistent with the provisions of Article 5 of MAR and the Commission Delegated Regulation No 2016/1052 (“Safe Harbour Regulation”).
  • For information about all transactions carried out under the repurchase program, refer to Nasdaq Stockholm’s website: http://www.nasdaqomx.com/transactions/markets/nordic/corporate-actions/s...

Millicom (Tigo) notice of first quarter 2024 results and video conference

Retrieved on: 
Friday, April 26, 2024
Millicom, Web conferencing

Luxembourg, April 26, 2024 – Millicom expects to announce its first quarter 2024 results on May 8, 2024, via a press release.

Key Points: 
  • Luxembourg, April 26, 2024 – Millicom expects to announce its first quarter 2024 results on May 8, 2024, via a press release.
  • Millicom is planning to host a video conference for the global financial community on May 8, 2024, at 14:00 (Stockholm) / 13:00 (London) / 08:00 (Miami).
  • After registering, you will receive a confirmation email containing details about joining the video conference.
  • Participants who wish to ask a question during the live event must notify the Investor Relations team via email to [email protected] after the start of the event.

Aristocrat Leisure Completes Acquisition of Neo Group Ltd. (f/k/a NeoGames) for $29.50 per Share

Retrieved on: 
Thursday, April 25, 2024
Neogames, ASX, Aristocrat Leisure, Aristocracy (class), ALL, Acquisition, Cryptocurrency

“We are excited to have successfully closed this transaction and joined forces with the Aristocrat team to further drive our success across iLottery, iGaming, and online sports betting,” said Moti Malul, Chief Executive Officer of Neo.

Key Points: 
  • “We are excited to have successfully closed this transaction and joined forces with the Aristocrat team to further drive our success across iLottery, iGaming, and online sports betting,” said Moti Malul, Chief Executive Officer of Neo.
  • “We firmly believe that this Transaction represents a great outcome for all of Neo’s shareholders, customers and employees.
  • We are very grateful to all our stakeholders who have supported us since our inception.
  • I would also like to thank all our employees for their commitment in making Neo the great company it is today.”
    The transaction was announced on May 15, 2023.

Altisource Announces First Quarter 2024 Financial Results

Retrieved on: 
Thursday, April 25, 2024
Origination (telephony), Delinquent, Depreciation, Real estate, Servicing, Adjustment, ASPS, Growth, Auction

LUXEMBOURG, April 25, 2024 (GLOBE NEWSWIRE) -- Altisource Portfolio Solutions S.A. (“Altisource” or the “Company”) (NASDAQ: ASPS), a leading provider and marketplace for the real estate and mortgage industries, today reported financial results for the first quarter 2024.

Key Points: 
  • LUXEMBOURG, April 25, 2024 (GLOBE NEWSWIRE) -- Altisource Portfolio Solutions S.A. (“Altisource” or the “Company”) (NASDAQ: ASPS), a leading provider and marketplace for the real estate and mortgage industries, today reported financial results for the first quarter 2024.
  • “I am very pleased with our first quarter performance.
  • We generated $4.6 million of Adjusted EBITDA(1), marking our best quarterly performance since the third quarter of 2020, on $36.9 million of service revenue.
  • Mr. Shepro further commented, “We believe our financial results and sales wins demonstrate that we are not waiting for the default market to return to normal or for delinquency rates to rise to achieve growth.

Millicom (Tigo) Board of Directors Appoints Marcelo Benitez as CEO

Retrieved on: 
Thursday, April 25, 2024
Stanford University, Tigo El Salvador, Pacific University, Lombardini, MBA, BBA, AGM, Management

Luxembourg, April 25, 2024 – Millicom announced today that its Board of Directors has appointed Marcelo Benitez as CEO of Millicom, effective June 1, 2024.

Key Points: 
  • Luxembourg, April 25, 2024 – Millicom announced today that its Board of Directors has appointed Marcelo Benitez as CEO of Millicom, effective June 1, 2024.
  • "After an extensive evaluation, it is clear to our Board that Marcelo is the right person to lead Millicom into the future”, indicated Mauricio Ramos, Chair of the Board of Directors of the Company.
  • Also subject to shareholder approval at the AGM, Maxime Lombardini will join the Board of Directors of Millicom.
  • “We are excited that Maxime will bring his extensive experience and track record in leading telecom businesses to the Millicom Board.

Sword Group: Results for the First Quarter of 2024

Retrieved on: 
Thursday, April 25, 2024
Business plan, Growth, AAA, Beauty salon

AAA was deconsolidated on 01/06/2023.

Key Points: 
  • AAA was deconsolidated on 01/06/2023.
  • The comparison of revenue for the first quarter 2023 and the first quarter 2024 must take into account the fact that in the first quarter 2023 we were still consolidating AAA, which was sold and therefore deconsolidated on 1 June 2023.
  • If we analyse this growth on a like-for-like basis, it is higher than the budgeted 15%.
  • 2024 is an important year for Sword as we plan to outperform the organic growth forecasted in the Business Plan over the following 4 years, thanks to:
    - Growth accelerators, some of which are still being studied,
    - Micro-acquisitions, which themselves generate organic growth for the Group’s other entities.

ArcelorMittal S.A.: ArcelorMittal announces the publication of its first quarter 2024 sell-side analyst consensus figures

Retrieved on: 
Thursday, April 25, 2024
ArcelorMittal, The World Factbook, Risk, Alpha

those who have updated estimates in Visible Alphas and reflected the Groups new EBITDA definition and reportable segmentation).

Key Points: 
  • those who have updated estimates in Visible Alphas and reflected the Groups new EBITDA definition and reportable segmentation).
  • The disclaimer is:
    The information provided by Visible Alpha cited herein is provided “as is” and “as available” without warranty of any kind.
  • Use of any Visible Alpha data is at a user’s own risk and Visible Alpha disclaims any liability for use of the Visible Alpha data.
  • The consensus estimate is based on estimates, forecasts and predictions made by third party financial analysts, as described above.

JuneX Capital Partners  Launch “Founders Office“ with €100M Evergreen Fund to Back European Entrepreneurs in Human Capital and Investment Management

Retrieved on: 
Wednesday, April 24, 2024
Education, Investment, Investment management, Health, GP, DACH, Face, Economic development, Knowledge, Financial services

Benjamin Vedrenne-Cloquet and Régis Micheli, two experienced French entrepreneurs and investors, are proud to announce the launch of the JuneX Capital Partners’ (“JuneX”) “Founders Office,” a new investment company focused on backing entrepreneurs within the human capital and investment management sectors.

Key Points: 
  • Benjamin Vedrenne-Cloquet and Régis Micheli, two experienced French entrepreneurs and investors, are proud to announce the launch of the JuneX Capital Partners’ (“JuneX”) “Founders Office,” a new investment company focused on backing entrepreneurs within the human capital and investment management sectors.
  • On April 19th, JuneX Capital Partners successfully closed the “ JuneX Evergreen Fund ,” a 100-million-euro evergreen fund to initiate its investments programme across Europe.
  • Régis Micheli and Benjamin Vedrenne-Cloquet, co-founders of JuneX , stated:
    “We are proud to launch JuneX Capital Partners, our “Founders Office”, along with our debut investment fund, JuneX Evergreen Fund .
  • We aim to back challengers in Human Capital and Investment Management, two sectors fundamental to sustainability, innovation, and entrepreneurship.”

Millicom announces the re-issuance of its AGM and EGM Convening Notice

Retrieved on: 
Tuesday, April 23, 2024
Annual general meeting, Millicom, EGM, AGM

Luxembourg, April 23, 2024 – Millicom today announced the re-issuance of the Convening Notice to its Annual General Meeting (“AGM”) and Extraordinary General Meeting (“EGM”) of Shareholders which will be held on May 23, 2024.

Key Points: 
  • Luxembourg, April 23, 2024 – Millicom today announced the re-issuance of the Convening Notice to its Annual General Meeting (“AGM”) and Extraordinary General Meeting (“EGM”) of Shareholders which will be held on May 23, 2024.
  • The Convening Notice contains a rectified note to the AGM agenda item 20 (Share Repurchase Plan).
  • All other items of the AGM and EGM remain unchanged.
  • The Convening Notice is appended to this press release and available on the company’s website at: https://www.millicom.com/our-company/corporate-governance/shareholder-me... .