Category Archives: Business Wire EN

ADTRAN Holdings, Inc. to Meet with Investors at the German Spring Conference 2024 – Equity Forum on May 13-15, 2023

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ADTRAN Holdings, Inc. to Meet with Investors at the German Spring Conference 2024 – Equity Forum on May 13-15, 2023




ADTRAN Holdings, Inc. to Meet with Investors at the German Spring Conference 2024 – Equity Forum on May 13-15, 2023

HUNTSVILLE, Ala.–(BUSINESS WIRE)–#Adtran–ADTRAN Holdings, Inc. (NASDAQ: ADTN; FSE: QH9), announced today that Company representatives will meet with investors at the Germany Spring Conference 2024 – Equity Forum in Frankfurt Germany May 13-15, 2024.

ADTRAN representatives will discuss company performance and current industry trends that may affect the market and ADTRAN’s business.

What: German Spring Conference 2024 – Equity Forum

When: May 13-15 2024 – (Recording of the Presentation will be available on the Investor Relations Website after the event)

Where: Frankfurt Germany

Representatives: Uli Dopfer, CFO; Steven Williams, Head of Treasury & Investor Relations

The matters discussed at this conference may include certain forward-looking statements that represent the Company’s expectations or beliefs and reflect management’s best judgment based on factors currently known. These statements by their nature involve substantial risks and uncertainties, which may be beyond the Company’s control. Actual results could differ materially from those projected in the forward-looking statements. Additional information concerning factors that could cause actual results to differ materially from those projected in the forward-looking statements is contained in the sections captioned “Risk Factors,” “Management’s Discussion and Analysis of Financial Condition and Results of Operations” and elsewhere in the Company’s filings with the Securities and Exchange Commission.

About Adtran

ADTRAN Holdings, Inc. (NASDAQ: ADTN and FSE: QH9) is the parent company of Adtran, Inc., a leading global provider of open, disaggregated networking and communications solutions that enable voice, data, video and internet communications across any network infrastructure. From the cloud edge to the subscriber edge, Adtran empowers communications service providers around the world to manage and scale services that connect people, places and things. Adtran solutions are used by service providers, private enterprises, government organizations and millions of individual users worldwide. ADTRAN Holdings, Inc. is also the largest shareholder of Adtran Networks SE, formerly ADVA Optical Networking SE. Find more at Adtran, LinkedIn and Twitter.

Contacts

Rhonda Lambert 256-963-7450

Investor Relations

Summit Bancshares, Inc. Announces a Special Dividend

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Summit Bancshares, Inc. Announces a Special Dividend




Summit Bancshares, Inc. Announces a Special Dividend

OAKLAND, Calif.–(BUSINESS WIRE)–The Board of Directors of Summit Bancshares, Inc., at a meeting held on April 17, 2024, in recognition of the bank’s 42nd year in business, declared a one-time special cash dividend of $0.42 per share, payable on June 28, 2024, to holders of record as of the close of business on May 31, 2024.

We are especially proud of our history of success having achieved monthly profits in our second month of operation and have consistently been profitable for 500 months.

Summit Bancshares, Inc., (OTC Bulletin Board: SMAL) is the parent company of Summit Bank.

Contacts

Shirley W. Nelson
(510) 839-8800

Summit Bancshares, Inc. Announces 1st Quarter Cash Dividend

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Summit Bancshares, Inc. Announces 1st Quarter Cash Dividend




Summit Bancshares, Inc. Announces 1st Quarter Cash Dividend

OAKLAND, Calif.–(BUSINESS WIRE)–The Board of Directors of Summit Bancshares Inc., at a meeting held on April 17, 2024, declared a quarterly cash dividend of $0.11 per share, payable on June 14, 2024, to holders of record as of the close of business on May 24, 2024.

Summit Bancshares, Inc., (OTC Bulletin Board: SMAL) is the parent company of Summit Bank.

Contacts

Shirley W. Nelson
(510) 839-8800

Fulton Financial Corporation Acquires Substantially All of the Assets and Assumes Substantially All of the Deposits of Republic First Bank From the FDIC

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Fulton Financial Corporation Acquires Substantially All of the Assets and Assumes Substantially All of the Deposits of Republic First Bank From the FDIC




Fulton Financial Corporation Acquires Substantially All of the Assets and Assumes Substantially All of the Deposits of Republic First Bank From the FDIC

Fulton doubles regional presence while providing stability to customers

LANCASTER, Pa. & PHILADELPHIA–(BUSINESS WIRE)–Fulton Financial Corporation (NASDAQ: FULT) (the “Corporation”) today announced that its bank subsidiary, Fulton Bank, N.A. (“Fulton”), has acquired substantially all of the assets and assumed substantially all of the deposits of Republic First Bank, doing business as Republic Bank (“Republic Bank”), from the Federal Deposit Insurance Corporation (the “FDIC”). All regulatory approvals, including approval from the Office of the Comptroller of the Currency, have been obtained, and the transaction has closed.


“With this transaction, we are excited to double our presence across the region,” said Fulton Chairman and CEO Curt Myers. “We look forward to welcoming Republic Bank’s team members and customers to Fulton and providing our comprehensive set of consumer, commercial and wealth advisory products and services to even more customers.”

During the transition, Republic Bank depositors will continue to have uninterrupted access to their accounts through online banking or by writing checks, using existing ATMs or debit cards. Republic Bank depositors will become Fulton depositors and do not need to change their banking relationship to retain their federally insured deposit insurance coverage.

Beginning as early as tomorrow, former Republic Bank financial centers will reopen as Fulton with their regularly scheduled operating hours.

Additionally, as part of this transaction, Fulton Bank is making a $5 million donation to the Fulton Forward® Foundation to provide additional impact grants to nonprofit community organizations across the region that share Fulton’s vision of advancing economic empowerment, particularly in underserved communities.

Key transaction terms include:

  • Purchased assets of approximately $6 billion, including an investment portfolio of approximately $2.0 billion and loans of approximately $2.9 billion.
  • Assumed liabilities of approximately $5.3 billion, including deposits of approximately $4 billion and other borrowings and liabilities of approximately $1.3 billion.

As a result of the transaction, Fulton Bank:

  • Significantly advances its growth plan in a strategically important market.
  • Almost doubles its presence in the Philadelphia market with combined company deposits of approximately $8.6 billion.
  • Reduces its loan to deposit ratio from 99% to 92%, improving its liquidity profile.

Investor Call

Fulton will host a conference call and audio webcast at 11 a.m. on April 29, 2024. Fulton Chairman and CEO Curt Myers and Interim Chief Financial Officer Betsy Chivinski will host the call.

The link to the webcast of this call can be found at http://investor.fultonbank.com. The webcast will be archived on Fulton’s website following the call. Participants can also access the audio-only webcast at: https://edge.media-server.com/mmc/p/ap9sadhf.

Piper Sandler & Co. and BofA Securities, Inc. acted as financial advisors to Fulton in connection with the transaction. Sullivan & Cromwell LLP acted as legal advisor.

Safe Harbor Statement

This press release contains forward-looking statements with respect to the financial condition, results of operations and business of the Corporation. Do not unduly rely on forward-looking statements. Forward-looking statements can be identified by the use of words such as “may,” “should,” “will,” “could,” “estimates,” “predicts,” “potential,” “continue,” “anticipates,” “believes,” “plans,” “expects,” “future,” “intends,” “projects,” the negative of these terms and other comparable terminology. These forward-looking statements may include projections of, or guidance on, the Corporation’s future financial performance, expected levels of future expenses, including future credit losses, anticipated growth strategies, descriptions of new business initiatives and anticipated trends in the Corporation’s business or financial results.

Forward-looking statements are neither historical facts, nor assurance of future performance. Instead, the statements are based on current beliefs, expectations and assumptions regarding the future of the Corporation’s business, future plans and strategies, projections, anticipated events and trends, the economy and other future conditions. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict and many of which are outside of the Corporation’s control, and actual results and financial condition may differ materially from those indicated in the forward-looking statements. Therefore, you should not unduly rely on any of these forward-looking statements. Any forward-looking statement is based only on information currently available and speaks only as of the date when made. The Corporation undertakes no obligation, other than as required by law, to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

A discussion of certain risks and uncertainties affecting the Corporation, and some of the factors that could cause the Corporation’s actual results to differ materially from those described in the forward-looking statements, can be found in the sections entitled “Risk Factors” and “Management’s Discussion and Analysis of Financial Condition and Results of Operations” in the Corporation’s Annual Report on Form 10-K for the year ended December 31, 2023 and other current and periodic reports, which have been, or will be, filed with the Securities and Exchange Commission (the “SEC”) and are, or will be, available in the Investor Relations section of the Corporation’s website (www.fultonbank.com) and on the SEC’s website (www.sec.gov).

About Fulton Bank, N.A.

Headquartered in Lancaster, Pa., Fulton Bank is a premier community bank in the Mid-Atlantic region. As a subsidiary of Fulton Financial Corporation, a $27 billion financial services holding company, Fulton Bank offers a broad array of products and services at more than 200 financial centers across Pennsylvania, New Jersey, Maryland, Delaware, and Virginia. At Fulton Bank, we seek to change lives for the better by building strong customer relationships, providing significant community support and empowering more than 3,400 employees to do the same. Through the Fulton Forward® initiative, we’re helping build vibrant communities. Learn more at www.FultonBank.com. Fulton Bank, N.A., Member FDIC. Equal Housing Lender.

Contacts

Media:

Lacey Dean
(717) 735-8688


Investor:
Matt Jozwiak
(717) 327-2657

US Metro Bancorp Announces First Quarter 2024 Results

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US Metro Bancorp Announces First Quarter 2024 Results




US Metro Bancorp Announces First Quarter 2024 Results

GARDEN GROVE, Calif.–(BUSINESS WIRE)–US Metro Bancorp (OTCQX: USMT): US Metro Bancorp (“Bancorp”) is a bank holding company, with a single subsidiary, US Metro Bank (“Bank”). On a consolidated basis, the Bancorp earned $1.5 million in the first quarter of 2024, compared to $2.5 million in the fourth quarter of 2023. For the three months ending March 31, 2024, the consolidated Bancorp earned $1.5 million compared to $3.2 million for the three months ending March 31, 2023. On a year-to-date basis, the Bancorp recorded an annualized return on average assets (“ROAA”) of 0.47% and an annualized return on average equity (“ROAE”) of 6.13%. With 16,390,000 shares outstanding, earnings per share (“EPS”) for the first quarter of 2024 was $0.09 compared to $0.15 in the fourth quarter of 2023. For the three months ending March 31, 2024, EPS was $0.09 compared to $0.19 for the three months ending March 31, 2023. On March 31, 2024, the Bancorp’s book value per share was $5.87 compared to $5.41 a year earlier.

The Bank recorded on a year-to-date basis net interest income of $8.1 million compared to $9.4 million in the same period a year earlier. Net income of $1.8 million for the three months ending March 31, 2024, compares to $3.5 million reported for the same three months in 2023, a year over year decrease of $1.7 million.

The Bank reported total assets of $1.295 billion as of March 31, 2024, representing a 13.9% increase compared to the reporting period ending March 31, 2023, and year over year loan growth of $117.2 million or 12.2%. Total Bank deposits ended the first quarter of 2024 at $1.134 billion, a $148 million or 15.1% increase from $985 million on March 31, 2023. Six of the Bank’s eight branches have deposits exceeding $100 million, with two branches having more than $200 million in deposits. The Bank’s newest branch in Los Angeles, California opened in December 2023.

Loan quality remains good with non-performing assets as a percent of total assets of 0.17% on March 31, 2024, compared to 0.25% as of March 31, 2023. The Bank had no Other Real Estate Owned (OREO) on March 31, 2024, and one TDR loan totaling $32 thousand. Allowance for loan and lease losses (ALLL) to gross loans was 1.21% as of March 31, 2024, compared to 1.39% as of March 31, 2023. The Bank recorded no provision for loan loss expense, for the three months ending March 31, 2024, compared to $0.2 million recorded for the three months ending March 31, 2023.

“Loan and deposit growth continued in the first quarter of 2024. The gain on sale from loans was lower in the first quarter than typical, which had an impact to net income. However, we expect this to improve in the second quarter and for the rest of 2024, which will positively improve income for the Bank,” said CEO Dong Il Kim.

US Metro Bank is a California chartered, full service commercial bank headquartered in Garden Grove, California. The Bank opened for business on September 15, 2006, and offers deposit and loan products (including commercial real estate, commercial and industrial, mortgage, SBA and USDA loans), as well as related banking services to its customers.

This release contains forward-looking statements, including our expectations with respect to future events that are subject to various risks and uncertainties. Factors that could cause actual results to differ materially from management’s projections, forecasts, estimates and expectations include: fluctuation in market rates of interest and loan and deposit pricing, adverse changes in the overall national economy as well as adverse economic conditions in our specific market areas, maintenance and development of well-established and valued client relationships and referral source relationships, and acquisition or loss of key production personnel. Other risks that can affect the Bank are detailed from time to time in our annual reports. We caution readers that the list of factors above is not exclusive. The forward-looking statements are made as of the date of this release, and we may not undertake steps to update the forward-looking statements to reflect the impact of any circumstances or events that arise after the date the forward-looking statements are made. In addition, our past results of operations are not necessarily indicative of future performance.

US METRO BANCORP

CONSOLIDATED FINANCIAL HIGHLIGHTS (unaudited)

(All amounts in thousands except per share information)

At or for the Three Months Ended

 

3/31/2024

 

12/31/2023

 

% Change

 

3/31/2023

 

% Change
Net Income

$

1,466

$

2,479

 

-40.86%

$

3,165

 

-53.68%
Net Income Per Share (Basic)

$

0.09

$

0.15

 

-40.86%

$

0.19

 

-53.68%
ROAA (Annualized)

 

0.47%

 

0.82%

 

-0.35%

 

1.12%

 

-0.66%
ROAE (Annualized)

 

6.13%

 

10.65%

 

-4.52%

 

14.59%

 

-8.46%
Efficiency Ratio

 

79.83%

 

70.03%

 

9.80%

 

62.45%

 

17.38%
Assets

$

1,295,938

$

1,225,976

 

5.71%

$

1,137,559

 

13.92%
Gross Loans

$

1,075,134

$

1,021,079

 

5.29%

$

957,983

 

12.23%
Deposits

$

1,132,836

$

1,063,481

 

6.52%

$

984,751

 

15.04%
Non-Interest Bearing Deposits

$

180,050

$

173,600

 

3.72%

$

256,491

 

-29.80%
Common Equity

$

96,134

$

95,229

 

0.95%

$

88,741

 

8.33%
Ending Common Shares O/S

 

16,390,000

 

16,390,000

 

–

 

16,390,000

 

–
Book Value Per Common Shares

$

5.87

$

5.81

$

0.06

$

5.41

$

0.46
 
US METRO BANK (only)
FINANCIAL HIGHLIGHTS (unaudited)
BALANCE SHEET
(All amounts in thousands except per share information)
Assets

3/31/2024

3/31/2023

Y-O-Y Change
Cash and Due From Bank

$

11,977

 

$

12,842

 

$

(865

)

-6.7

%
Investments and Fed Funds Sold

$

186,940

 

$

148,560

 

 

38,380

 

25.8

%
Loans Outstanding

 

1,075,134

 

 

957,983

 

 

117,151

 

12.2

%
Loan Loss Reserve

 

(12,961

)

 

(13,318

)

 

357

 

-2.7

%
Other Assets

 

33,870

 

 

30,592

 

 

3,278

 

10.7

%
Total Assets

$

1,294,960

 

$

1,136,660

 

$

158,300

 

13.9

%
 
Liabilities and Capital

3/31/2024

 

3/31/2023

 

Y-O-Y Change
Deposits

$

1,133,767

 

$

985,341

 

$

148,426

 

15.1

%
Borrowings

 

30,062

 

 

31,346

 

 

(1,284

)

-4.1

%
Other Liabilities

 

10,691

 

 

6,629

 

 

4,062

 

61.3

%
Equity

 

120,439

 

 

113,343

 

 

7,096

 

6.3

%
Total Liabilities and Capital

$

1,294,959

 

$

1,136,660

 

$

158,299

 

13.9

%
 
STATEMENT OF OPERATIONS Three Months Ended
Income Statement

3/31/2024

 

12/31/2023

 

Q-O-Q Change
Interest Income

$

18,915

 

$

18,244

 

$

671

 

3.7

%
Interest Expense

 

10,833

 

 

9,798

 

 

1,035

 

10.6

%
Net Interest Income

 

8,082

 

 

8,446

 

 

(364

)

-4.3

%
Provision for Loan Losses

 

–

 

 

–

 

 

–

 
Other Income

 

2,564

 

 

3,159

 

 

(595

)

-18.8

%
Operating Expenses

 

8,124

 

 

7,694

 

 

430

 

5.6

%
Tax

 

737

 

 

1,049

 

 

(312

)

-29.7

%
Net Income

$

1,785

 

$

2,862

 

$

(1,077

)

-37.6

%
 
STATEMENT OF OPERATIONS Three Months Ended
Income Statement

3/31/2024

3/31/2023

Y-O-Y Change
Interest Income

$

18,915

 

$

15,255

 

$

3,660

 

24.0

%
Interest Expense

 

10,833

 

 

5,873

 

 

4,960

 

84.5

%
Net Interest Income

 

8,082

 

 

9,382

 

 

(1,300

)

-13.9

%
Provision for Loan Losses

 

–

 

 

200

 

 

(200

)

-100.0

%
Other Income

 

2,564

 

 

3,102

 

 

(538

)

-17.3

%
Operating Expenses

 

8,124

 

 

7,525

 

 

599

 

8.0

%
Tax

 

737

 

 

1,300

 

 

(563

)

-43.3

%
Net Income

$

1,785

 

$

3,459

 

$

(1,674

)

-48.4

%
 
Ratios

3/31/2024

3/31/2023

Y-O-Y Change
Net Loan to Deposits

 

93.69

%

 

95.87

%

 

-2.19

%
ALLL/Gross Loans

 

1.21

%

 

1.39

%

 

-0.18

%
NPAs/Total Assets

 

0.17

%

 

0.25

%

 

-0.08

%
Tier One Leverage Ratio

 

10.03

%

 

10.57

%

 

-0.54

%
YTD ROAA (annualized)

 

0.57

%

 

1.19

%

 

-0.62

%
YTD ROAE (annualized)

 

5.97

%

 

12.08

%

 

-6.11

%
Net Interest Margin (QTD)

 

2.62

%

 

3.41

%

 

-0.79

%
Net Interest Margin (YTD)

 

2.62

%

 

3.41

%

 

-0.79

%

 

Contacts

Jeremy Johnson

(714) 620-8888

Despegar Announces the Filing of its Annual Report on Form 20-F for Fiscal Year 2023

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Despegar Announces the Filing of its Annual Report on Form 20-F for Fiscal Year 2023




Despegar Announces the Filing of its Annual Report on Form 20-F for Fiscal Year 2023

BRITISH VIRGIN ISLANDS–(BUSINESS WIRE)–Despegar.com, Corp. (NYSE: DESP), (“Despegar” or the “Company”), Latin America’s leading travel technology company, today announced that its Annual Report on Form 20-F for the fiscal year ended December 31, 2023 was filed with the U.S. Securities and Exchange Commission (“the SEC”) on April 26, 2024 and is available on Despegar’s website at www.despegar.com and on the SEC’s website at www.sec.gov.


Investors can receive a printed copy of this report, including the Company’s complete audited financial statements, free of charge upon request by contacting Luca Pfeifer at luca.pfeifer@despegar.com.

About Despegar.com

Despegar is the leading travel technology company in Latin America. For over two decades, it has revolutionized the tourism industry in the region through technology. With its continuous commitment to the development of the sector, Despegar today is comprised of a consolidated group that includes Despegar, Decolar, Best Day, Viajes Falabella, Viajanet Stays and Koin, and has become one of the largest travel companies in Latin America.

Despegar operates in 19 countries in the region, accompanying Latin Americans from the moment they dream of traveling until they share their memories. With the purpose of improving people’s lives and transforming the shopping experience, Despegar has developed alternative payment and financing methods, democratizing the access to consumption and bringing Latin Americans closer to their next travel experience. Despegar’s common shares are traded on the New York Stock Exchange (NYSE: DESP). For more information, visit Despegar’s Investor Relations website https://investor.despegar.com/.

Contacts

IR Contact

Luca Pfeifer

Investor Relations

Phone: (+1) 3054811785

E-mail: luca.pfeifer@despegar.com
Source: Despegar.com, Corp.

Yum! Brands, Inc. Completes Refinancing of Senior Secured Credit Facilities

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Yum! Brands, Inc. Completes Refinancing of Senior Secured Credit Facilities




Yum! Brands, Inc. Completes Refinancing of Senior Secured Credit Facilities

LOUISVILLE, Ky.–(BUSINESS WIRE)–Yum! Brands, Inc. (NYSE: YUM) (the “Company”) today announced that certain subsidiaries that operate the Company’s KFC, Pizza Hut and Taco Bell businesses have completed the refinancing of the existing approximately $713 million term loan A facility and $1.25 billion revolving facility (the “Existing Facilities”) through the issuance of a $500 million term loan A (the “Term A Loan”) and a $1.50 billion revolving credit facility (the “Revolving Facility”) pursuant to an amendment to the underlying credit agreement (the “Amendment”). The Term A Loan and the Revolving Facility will mature on the earliest of (i) April 26, 2029, (ii) the date that is 91 days prior to the maturity of the borrowers’ existing term loan B if more than $250 million of such term loan B remains outstanding as of such date and (iii) the date that is 91 days prior to the maturity of the borrowers’ existing senior notes if more than $250 million of such senior notes remains outstanding as of such date. The total size of the bank credit facility (excluding the borrowers’ existing $1.46 billion term loan B) remains ~$2.00 billion and the transaction does not add any additional net new debt to the balance sheet.


The interest rates applicable to the Term A Loan and to borrowings under the Revolving Facility have not changed from the Existing Facilities. The interest rates will be based on either Adjusted Term SOFR or the base rate, as determined by the borrowers, plus a spread based on the borrowers’ total leverage ratio. Adjusted Term SOFR refers to one month term SOFR plus 0.11448%, three month term SOFR plus 0.26161% or six month term SOFR plus 0.42826%, as selected by the borrowers. Such spread based on the borrowers’ total leverage ratio is initially 0.75% for Adjusted Term SOFR loans and 0.00% for base rate loans and ranges between 0.75% and 1.50% for Adjusted Term SOFR loans and between 0.00% and 0.50% for base rate loans based on the total leverage ratio. The “base rate” means the greatest of (a) the Prime Rate then in effect, (b) the federal funds rate then in effect plus 0.5% and (c) the rate for one month Adjusted Term SOFR rate then in effect plus 1.0%. The Term A Loan will amortize at 2.5% per annum during the second and third years following closing and at 5.0% per annum during the fourth and fifth years following closing.

Proceeds from the issuance will be used to repay the Existing Facilities and pay associated transaction fees and expenses, and for general corporate purposes.

Yum! Brands, Inc., based in Louisville, Kentucky, and its subsidiaries franchise or operate a system of over 59,000 restaurants in more than 155 countries and territories under the company’s concepts – KFC, Taco Bell, Pizza Hut and the Habit Burger Grill. The Company’s KFC, Taco Bell and Pizza Hut brands are global leaders of the chicken, Mexican-style food, and pizza categories, respectively. The Habit Burger Grill is a fast casual restaurant concept specializing in made-to-order chargrilled burgers, sandwiches and more. In 2024, Yum! was named to the Dow Jones Sustainability Index North America for the eighth consecutive year, and the company was recognized among TIME Magazine’s list of Best Companies for Future Leaders and Newsweek’s list of America’s Most Responsible Companies. Yum! also received widespread recognition in 2023, including being listed on the Bloomberg Gender-Equality Index; Forbes’ list of America’s Best Employers for Diversity; and Newsweek’s list of America’s Greenest Companies. In addition, KFC, Taco Bell and Pizza Hut brands were ranked in the top five of Entrepreneur’s Top Global Franchises Ranking for 2023.

Category: Financial

Contacts

Analysts are invited to contact:

Matt Morris, Head of Investor Relations, at 888/298-6986

Members of the media are invited to contact:

Virginia Ferguson, Vice President, Public Relations, at 502/874-8200

HCLTech annonce un chiffre d’affaires de 13,3 milliards de dollars pour l’exercice 2024, en hausse de 5,4 % en glissement annuel

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HCLTech annonce un chiffre d’affaires de 13,3 milliards de dollars pour l’exercice 2024, en hausse de 5,4 % en glissement annuel




HCLTech annonce un chiffre d’affaires de 13,3 milliards de dollars pour l’exercice 2024, en hausse de 5,4 % en glissement annuel

La société est en bonne voie pour capitaliser avec ses propositions dirigées par l’IA, son modèle de livraison mondial et son mix idéal de services et produits technologiques

NEW YORK et NOIDA, Inde–(BUSINESS WIRE)–HCLTech, un chef de file technologique mondial, annonce aujourd’hui ses résultats financiers pour le quatrième trimestre et l’exercice clos le 31 mars 2024.


La société a déclaré un chiffre d’affaires annuel de 13,3 milliards de dollars, en hausse de 5,4 % en glissement annuel. Le chiffre d’affaires des services numériques a augmenté de 5,3 % et contribue désormais à 37,3 % du chiffre d’affaires des services IT. Les revenus récurrents annuels de HCLSoftware se sont élevés à 1,02 milliard de dollars. Au cours de l’exercice 2024, la société a remporté 73 contrats majeurs – 36 dans les services et 37 dans les logiciels – qui se sont traduits par une valeur contractuelle totale (nouveaux contrats) de 9,76 milliards de dollars, en hausse de 10 % en glissement annuel.

Pour le trimestre, le chiffre d’affaires s’est établi à 3,43 milliards de dollars, en hausse de 6 % en glissement annuel. HCLTech a remporté 21 contrats majeurs, dont 13 dans les services et huit dans les logiciels, avec une valeur contractuelle totale de 2,29 milliards de dollars au cours du trimestre.

En termes de géographie, les Amériques ont été la région à la croissance la plus rapide avec une croissance de 6,8% en glissement annuel, suivie de l’Europe, qui a progressé de 5,5 % en glissement annuel.

La croissance verticale de l’industrie a été tirée par les services financiers et les télécommunications, les médias, l’édition et le divertissement. Alors que les services financiers ont progressé de 12,1 % en glissement annuel sur l’ensemble de l’exercice, le segment vertical télécoms, médias, édition et divertissement a enregistré une croissance de 39,2 % (en glissement annuel) au cours du trimestre.

La société a annoncé un dividende de 18₹/action pour le trimestre, portant le total à 52₹/action pour 2024.

À la fin du trimestre, le personnel total de HCLTech s’élevait à 227 481 personnes. L’entreprise a embauché un total de 12 141 recrues au cours de l’année. L’attrition sur les 12 derniers mois s’est encore modérée, passant de 19,5 % à 12,4 %.

« HCLTech continue de dominer le secteur au cours de l’exercice 2024, avec une bonne croissance du chiffre d’affaires en USD de 5,4 % en glissement annuel pendant les périodes difficiles, grâce à notre engagement indéfectible envers nos clients et nos collaborateurs. Plus important encore, nous avons traduit cette croissance en création de valeur encore plus élevée pour nos actionnaires avec notre flux de trésorerie d’exploitation à 2 711 millions de dollars, en hausse de 21,6 % en glissement annuel et notre flux de trésorerie disponible à 2 584 millions de dollars, en hausse de 27,7 % en glissement annuel. Alors que nous nous tournons vers l’avenir, les dépenses mondiales en technologie d’entreprise ne feront qu’augmenter avec l’adoption de l’IA. Nous nous positionnons favorablement pour capitaliser nos propositions axées sur l’IA, notre modèle de livraison mondial et notre mix idéal de services et produits technologiques », déclare C Vijayakumar, CEO et directeur général, HCLTech.

Pour l’exercice 2025, la société projette une croissance du chiffre d’affaires de 3 % à 5 % en glissement annuel et une marge de BAIIA de 18 % à 19 %.

« La performance de HCLTech pour l’exercice 2024 souligne la résilience de notre modèle d’entreprise, avec un chiffre d’affaires de 109 913 crores ₹, en hausse de 8,3 %. Nous avons réalisé cette croissance leader avec un BAII de 20 027 crores ₹, en hausse de 8,4 %. Le bénéfice net de l’exercice s’est établi à 15 702 crores ₹, en hausse de 5,7 %, ce qui se traduit par un BPA de 57,86 ₹ », ajoute Prateek Aggarwal, directeur financier de HCLTech.

HCLTech connaît une forte croissance dans le cloud et la cybersécurité. L’IA et l’IA générative sont des domaines clés et la société a récemment lancé HCLTech AI Force, une plateforme innovante d’IA générative qui accélère la création de valeur en transformant le cycle de développement et d’ingénierie des logiciels, offrant une plus grande productivité, une meilleure qualité et des délais de lancement accélérés. La plateforme est neutre vis-à-vis des systèmes et offre une suite hautement personnalisable de solutions basées sur l’IA générative qui injectent de l’intelligence dans les workflows de développement logiciel et d’ingénierie pour améliorer l’efficience et l’expérience du développeur.

Parmi les contrats d’IA générative signés par HCLTech au cours du trimestre figurent :

  • une société biopharmaceutique basée aux États-Unis a choisi HCLTech pour tirer parti de l’IA générative et de l’ingénierie des données afin d’automatiser l’extraction de données structurées et non structurées à partir de diverses sources.
  • un fournisseur de services financiers basé aux États-Unis a choisi HCLTech pour migrer ses modèles d’apprentissage automatique existants vers des plateformes d’IA générative de nouvelle génération pour une agilité, une amélioration et une innovation accrues dans la prestation de services.

HCLTech a été reconnu par Ethisphere comme l’une des entreprises les plus éthiques au monde en 2024. Les autres reconnaissances clés que HCLTech a reçues au T4 2024 sont les suivantes :

  • notation AA dans les notations ESG MSCI pour la seconde année consécutive
  • inclus dans le S&P Global Sustainability Yearbook 2024 pour la seconde année consécutive
  • classé comme la marque de services IT à la croissance la plus rapide (15,9 % en glissement annuel) en termes de valeur de marque parmi les dix premières entreprises IT au monde, selon le rapport 2024 Brand Finance Global 500 and IT Services Top 25.

À propos de HCLTech

HCLTech est une société technologique mondiale, qui compte plus de 227 000 employés dans 60 pays et offre des capacités de pointe centrées sur le numérique, l’ingénierie, le cloud et IA, grâce à un large portefeuille de services et de produits technologiques. Nous travaillons pour des clients de tous les grands secteurs verticaux, fournissant des solutions industrielles pour les services financiers, la fabrication, les sciences de la vie et les soins de santé, la technologie et les services, les télécommunications et les médias, la vente au détail et les produits de grande consommation, et les services publics. Les revenus consolidés pour la période de 12 mois se terminant en mars 2024 s’élevaient à 13,3 milliards de dollars. Pour savoir comment nous pouvons booster votre performance, rendez-vous sur hcltech.com.

Le texte du communiqué issu d’une traduction ne doit d’aucune manière être considéré comme officiel. La seule version du communiqué qui fasse foi est celle du communiqué dans sa langue d’origine. La traduction devra toujours être confrontée au texte source, qui fera jurisprudence.

Contacts

Meenakshi Benjwal, Amériques

meenakshi.benjwal@hcl.com

Elka Ghudial, EMEA

elka.ghudial@hcl.com

James Galvin, ANZ

james.galvin@hcl.com

Siddhartha Bhatnagar, Inde

bhatnagars@hcl.com

Kinaxis occupe la meilleure position en termes de capacité d’exécution dans le Magic Quadrant™ de Gartner® pour les solutions de planification de la chaîne d’approvisionnement.

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Kinaxis occupe la meilleure position en termes de capacité d’exécution dans le Magic Quadrant™ de Gartner® pour les solutions de planification de la chaîne d’approvisionnement.




Kinaxis occupe la meilleure position en termes de capacité d’exécution dans le Magic Quadrant™ de Gartner® pour les solutions de planification de la chaîne d’approvisionnement.

Cette année marque sa dixième reconnaissance consécutive dans la catégorie Leader

OTTAWA–(BUSINESS WIRE)–Kinaxis® Inc. (TSX:KXS), leader mondial de l’orchestration de la chaîne d’approvisionnement de bout en bout, a annoncé aujourd’hui qu’elle a été nommée Leader dans le Magic Quadrant™ de Gartner® 2024 pour les solutions de planification de la chaîne d’approvisionnement.


Parmi les 20 fournisseurs évalués, Gartner a positionné Kinaxis en tête pour sa capacité d’exécution, marquant ainsi la 10e nomination consécutive comme Leader dans le rapport Vous pouvez télécharger une copie du rapport gratuitement ici.

Kinaxis attribue sa position à son approche concurrentielle brevetée et à ses solides antécédents en matière de fourniture de solutions innovantes basées sur sa vision de pointe, grâce à l’utilisation de technologies avancées telles que l’IA, la ML et une expérience utilisateur intuitive. Soutenue par un important écosystème de partenaires tiers en matière de mise en œuvre, Kinaxis continue de démontrer que, quel que soit le secteur d’activité, la taille ou le niveau de maturité d’un client, on peut compter sur l’entreprise pour orchestrer aisément les réseaux de la chaîne d’approvisionnement de bout en bout, de la planification stratégique à la livraison du dernier kilomètre.

Cette reconnaissance intervient juste après que Kinaxis ait révélé qu’au cours des cinq dernières années, le portefeuille de brevets de l’entreprise a augmenté de plus de 500 %, 55 % de ces brevets portant sur des innovations basées sur l’IA et le ML.

« Nous sommes très heureux qu’une fois de plus, Kinaxis ait été reconnue par Gartner comme Leader dans le domaine de la planification de la chaîne logistique et nous sommes également fiers d’avoir été reconnus comme Leader dans les dix derniers rapports du Magic Quadrant », a déclaré Andrew Bell, chief product officer chez Kinaxis. « Nous pensons que le rapport de cette année est une nouvelle validation de nos solides antécédents en matière de fourniture de la seule plateforme d’orchestration de la chaîne d’approvisionnement de bout en bout, simultanée et alimentée par l’IA, qui permet aux entreprises de faire preuve d’agilité, de résilience et de libérer une valeur significative pour leurs chaînes d’approvisionnement mondiales ».

La technologie alimentée par l’IA et la technique de concurrence brevetée de Kinaxis permettent aux entreprises d’orchestrer leur réseau de chaîne d’approvisionnement de bout en bout, de la planification stratégique à la livraison du dernier kilomètre. La technologie de Kinaxis aide les entreprises qui fournissent à l’industrie agricole 40 % des tracteurs du monde, qui assurent la propreté de plus de 110 milliards de dents chaque année et qui veillent à ce que plus de 35 millions d’animaux de compagnie reçoivent des repas nutritifs chaque année.

Pour plus d’informations, vous pouvez accéder à une copie gratuite du rapport complet Magic Quadrant pour les solutions de planification de la chaîne d’approvisionnement ici.

Avis de non-responsabilité de Gartner :

Note :

1 Gartner, Magic Quadrant for Supply Chain Planning Solutions, A. Salley, T. Payne, P. Orup Lund – 2021, 2022, 2023, 2024

Gartner, Magic Quadrant for Supply Chain Planning System of Record – 2014, 2016, 2018

Gartner, Magic Quadrant for Sales and Operations Planning Systems of Differentiation – 2019, 2017, 2015

Gartner ne soutient aucun fournisseur, produit ou service décrit dans ses publications de recherche, et ne conseille pas aux utilisateurs de technologies de choisir uniquement les fournisseurs les mieux notés ou désignés. Les publications de recherche de Gartner représentent les opinions de l’organisation de recherche de Gartner et ne doivent pas être interprétées comme des déclarations de fait. Gartner décline toute garantie, expresse ou implicite, concernant cette recherche, y compris toute garantie de qualité marchande ou d’adéquation à un usage particulier.

GARTNER est une marque déposée et une marque de service de Gartner, Inc. et/ou de ses filiales aux États-Unis et dans le monde, MAGIC QUADRANT est une marque déposée de Gartner, Inc. et/ou de ses filiales et est utilisée ici avec autorisation. Tous les droits sont réservés.

À propos de Kinaxis

Kinaxis est le leader mondial de la gestion de la chaîne logistique. Nous sommes au service des chaînes logistiques et de leurs gestionnaires – au service de l’humanité. De grandes marques mondiales font confiance à nos logiciels pour obtenir l’agilité et la prévisibilité requises pour survivre à la volatilité et aux aléas du monde moderne. Nous associons à notre technique de simultanéité brevetée une approche de l’intelligence artificielle centrée sur l’humain pour permettre aux entreprises de toutes tailles de coordonner leur chaîne logistique d’un bout à l’autre, de la planification stratégique pluriannuelle jusqu’à l’exécution à la seconde près et la livraison sur le dernier kilomètre. Retrouvez toute l’actualité de l’entreprise sur kinaxis.com ou encore sur LinkedIn.

Le texte du communiqué issu d’une traduction ne doit d’aucune manière être considéré comme officiel. La seule version du communiqué qui fasse foi est celle du communiqué dans sa langue d’origine. La traduction devra toujours être confrontée au texte source, qui fera jurisprudence.

Contacts

Relations médias

Jaime Cook | Kinaxis

jcook@kinaxis.com
289-552-4640

Relations investisseurs

Rick Wadsworth | Kinaxis

rwadsworth@kinaxis.com
613-907-7613

Grupo Supervielle announces filing of the 2023 Annual Report on Form 20-F

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Grupo Supervielle announces filing of the 2023 Annual Report on Form 20-F




Grupo Supervielle announces filing of the 2023 Annual Report on Form 20-F

BUENOS AIRES, Argentina–(BUSINESS WIRE)–GRUPO SUPERVIELLE S.A. (NYSE: SUPV) (“the Company”) announced that on April 26, 2024, the Company filed its annual report on Form 20-F for the year ended December 31, 2023 with the U.S. Securities and Exchange Commission (the “SEC”).


The Company’s financial statements for the year ended 2023 were issued under the International Financial Reporting Standards (“IFRS”) as adopted by the Central Bank of the Republic of Argentina (the “BCRA”), subject to the following exceptions: (i) IFRS 9 “Financial Instruments” with respect to expected credit loss of financial instruments of the public sector; (ii) option to classify holdings in dual bonds at amortized cost or fair value through other comprehensive income; and (iii) the application of IFRS 17 “Insurance Contracts” will be optional until the BCRA makes it mandatory.

Notwithstanding the foregoing, the Company’s financial statements filed with the SEC have been presented under IFRS without exceptions, given that no partial adoption of IFRS is permitted. The Company’s financial statements filed with the SEC present significant differences with respect to the Company’s financial statements issued under the BCRA standards.

In compliance with the New York Stock Exchange rules, the Form 20-F is available on the Company’s website at http://www.gruposupervielle.com. In addition, all shareholders of the Company may request, free of charge, a hard copy of the Company’s complete audited financial statements filed with the SEC. To request a hard copy of the Company’s audited financial statements, or for any other inquiry in respect of this press release, please contact the Investor Relations Department of the Company, whose contact information is as follows: IR-GrupoSupervielle@gruposupervielle.com.ar

About Grupo Supervielle S.A. (NYSE: SUPV; BYMA: SUPV)

Grupo Supervielle provides a wide range of financial and non-financial services to its clients and have more than 130 years of experience operating in Argentina. Grupo Supervielle is focused on offering fast solutions to its clients and effectively adapting to evolving changes within the industries in which Grupo Supervielle operates. Grupo Supervielle operates multiple platforms and brands and has developed a diverse ecosystem to respond to its clients’ needs and digital transformation. Since May 2016, the shares of Grupo Supervielle are listed on the ByMA and NYSE. The subsidiaries of Grupo Supervielle are: (i) Banco Supervielle, which is the eighth largest private bank in Argentina in terms of loans; (ii) Supervielle Seguros, an insurance company; (iii) Supervielle Productores Asesores de Seguros, an insurance broker; (iv) Supervielle Asset Management, a mutual fund management company; (v) Supervielle Agente de Negociación, a brokerage firm offering services to institutional and corporate customers, (vi) IOL invertironline, an online trading broker; (vii) Portal Integral de Inversiones S.A.U, a platform that offers online content related to financial investments, (viii) Espacio Cordial, an entity offering retail non-financial products, assistance, services and tourism, and (ix) MILA, a company specialized in the financing of car loans. IUDU Compañia Financiera S.A. and Tarjeta Automática S.A., which had operations in the consumer finance segment until September 2022, merged into Banco Supervielle effective December 2023. Sofital, a holding company that owns shares of the same companies owned by Grupo Supervielle, is also part of our group. As of the date of this press release, Grupo Supervielle’s network includes 136 bank branches, digital channels and virtual branches, and commercial partnerships, serving 1.9 million active clients.

For information about Grupo Supervielle, visit www.gruposupervielle.com.

Contacts

Ana Bartesaghi

ana.bartesaghi@supervielle.com.ar