Andreas Mueller

Today we present Bravida’s report for the second quarter 2024, watch a short summary here. Link to the full report: https://lnkd.in/dCeNgFkX

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Holding up well in a challenging market, check out our Q2 report

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The regulations governing EU Blue Cards in Finland have been simplified in terms of educational and professional requirements - read more below and as always; remember to reach out to us if you have any questions

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Join us on November 11, 2024, and hear the latest update on Vaisala strategy and financial targets! #TakingEveryMeasure #capitalmarketsday2024 #investorrelations

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I have a truly inspiring boss full of energy which you can read more about in the article below🙌 The CFO in me does not hate that he's cost focused as well🔋 Full article: https://lnkd.in/dQZHYZPC

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Our Q1-results are ready:   🔸 The group's profit before tax amounted to 789 MM NOK, up 18% compared to the same period last year. 🔸 Net interest income was 1 941 MM NOK, representing an increase of 163 MM NOK (9%) compared to Q1 2023.   🔸 The Group’s gross outstanding loans to customers ended at 195 747 MM NOK in Q1 2024. This is an increase of 0.4% (864 MM NOK) compared to December 2023.   🔸 Customer deposits amounted to 93 706 MM NOK at end of Q1 2024, representing an increase of 5 160 MM NOK (6%) compared to year end 2023.   The Group has maintained its position as a market leader, including the leadership in private lease financing. This is in no small part due to the strong partnerships we have in the Nordic countries.    The Bank continues to increase its self-funding ratio, with outstanding deposits up 6 per cent compared to the year-end 2023. This highlights both our attractive product offering and our customers’ ability to save money.   During Q1 2024, 41% of all new cars financed by Santander are BEVs (electric vehicles), and 23% are hybrids. Finance penetration for BEVs is higher than for non-BEVs, thanks to the strong partnerships the Group has across the region.   Want to know more? Read the full Q1 report here: https://lnkd.in/d6TVf3AB #santander #responsiblebanking

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Financial Controlling and Taking your Company to a new Level! Serving companies and businesspeople as a Financial Controller, for quite some time there have been cases where I have seen, or been in Companies that stood time, managed to deliver value to the marketplace and thus Grow! Things have not been like that in all cases. In some companies, which I studied or learned about, large amounts of money were flowing to areas that were not as productive as the rest of the company. At the end of the day, it all comes down to the families of the people who are working in the company, or are working with the company, or are working for the company. Making investments that do actually pay off in the long term includes risk. Especially for projects that are long term, the risks are even higher, as the external parameters might be unstable and volatile. How can financial controlling guide you into making investment decisions that will help you? Whether it is a new technology, equipment, construction or a new factory, Financial Controlling may help you with the following steps: 1. Set up an investment policy, which will guide you upon decision making. 2. When deciding the investment and the vendors that you will work with, have an operational plan - this includes contracts, payment terms, validation of work done - that minimizes risk 3. Have a policy to validate work received, reconcile this with the accounting entries and arrange payments accordingly You deserve to have a tool that will guide you into making stronger, more effective investment decisions. Financial Controlling can be the tool that will help you increase profitability and manage inherent risk. Send me a DM to discuss which investment policy is more suitable for your case! #letsgrowyourbusiness #letslevelupfinancialcontrolling

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The UN’s drive to create a better future sets out seventeen goals under the 2030 Agenda for Sustainable Development. 🍃 ALUPROF has joined the initiative and we are working to achieve the goals which apply to us. Read more: https://lnkd.in/d2BdrDH3 #Aluprof

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This morning we published our Interim Report for the first quarter of the year. CEO Nils Andén and interim CFO Patrick Kortman presented a solid report where total revenue grew 3% in constant currency and the underlying EBITDA increased 20% year-on-year. 🔸 Q1 provided an encouraging increase in underlying EBITDA, coming in at GBP 59.3m – the strongest quarter since Q3 2021. Cost efficiency efforts put in place at the end of 2023 are starting to pay off and indicate the scalability of the business. The total revenue came in on GBP 307.7 million, an increase of 3% in constant currency and representing a new all-time high of 84% of GWR from locally regulated markets. 🔸 The Netherlands, UK and Romania show strong growth, where Kindred continues to outgrow the market. The exit from North America is continuing according to plan and we expect to be operationally out of the market by end of Q2. 🔸 Kindred Sportsbook Platform(KSP) remains firmly on track with the platform now live in a test market. KSP is a fundamental value driver and product offering differentiator. We are now accelerating our roll-out to small non-strategic markets during Q2. 🔸 We now have our eyes set on a busy summer of sports that kicks-off towards the end of the second quarter. Nils Andén, CEO at Kindred Group said: “We have had a solid start to 2024 with the underlying business operations performing well and operational initiatives moving forward according to plan. The headcount reduction plans announced at the end of last year are progressing as intended and the North America exit is set to conclude towards the end of the second quarter this year. Our growth plan that we launched during the fourth quarter last year, focusing on Europe and Australia, continues at pace with dedicated strategic growth projects across locally regulated markets”. Link to Press Release: https://lnkd.in/dP2_sxiR #Q1FinancialResults #KindredGroup #InterimReport

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In a recent opinion article for Kauppalehti, co-authored by Liisa Hurme from Orion and myself, we emphasize the pivotal role of the healthcare sector in driving economic growth and promoting well-being. Our focus on the pharmaceutical industry's perspective underscores the need for enhanced R&D policies to position Finland as a global leader in health-related research. Increased investments in medical research not only benefit patients but also have far-reaching positive outcomes for society, including the creation of high-skill jobs, economic growth, and improved well-being. This investment in the future yields manifold returns for both patients and the surrounding society. 

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Finland will increase standard VAT rate from 24 to 25.5% possibly still this year The government published today, April 16, 2024, an increase of the standard VAT rate … and VAT rate on candies will increase from 14 to 25.5%

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Executive Interim Management in Finland Ten years ago, Executive Interim Management was largely an unknown concept in Finland, but since a couple of years ago, the industry is on the rise. Our colleague Niklas Björkman, Managing Partner at Nordic Interim Oy, tells us his background, his view of Interim Management, and what the Finnish interim market looks like today. Niklas has a broad background in B2B and B2C in industry, management consulting, telecom and FMCG. He has himself has worked as an Interim Manager within business development, which is always about understanding how to be relevant to the customer and how to continue to be it. What does the interim market look like in Finland? “The Finnish market is a little behind Sweden. We need to keep working on educating the market about Interim Management and about how it differs from management consulting. Historically, you chose either recruitment or consulting, and an interim was hired for vacancies. Now the demand for Interim Management is starting to take off, and the companies we talk to are very positive about this solution. This also entails greater competition, but most players are locally based around Finland. The fact that we are Nordic is a big advantage and we see an increasing need from our customers for support throughout Scandinavia. Together with our owners Valtus, we collaborate cross-border all around the world, and at the moment we have several assignments in Central Europe and the USA. We also see a great demand within new technologies and in digitalization.” Read the interview here: https://lnkd.in/d2aEAEzs #interimmanagement #finland #changeleadership

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Time has come to say goodbye to my superstar Viaplay Group colleagues. Over the past 2 years, we turned around an almost impossible situation. We raised funding, got lenders to support us, sold off lots of assets, and regret that so many employees had to leave us. Under Jørgen Madsen Lindemann's leadership, we have been changing capital allocation and the investment portfolio in a very dramatic way. The sign up of UEFA rights last week was one important step, as is the new F1 sign up. I’m extremely grateful for our board’s guidance, the mgmt team for their support and fighting spirit, our new owners’ trust, but need to highlight the impressive finance talents that worked tirelessly to turn this situation around that became public almost on the day a year ago. Road wasn't always straight, as shown by our treasury head (and Real Madrid ⚽ 😉 ). Some learnings we took away: 1. Drive accountability throughout the organization from the start of a growth journey 2. The bigger and scarier the businesses cases are, the more you have to allow for challenge and questioning. Starstruck spreadsheets don’t help. 3. Develop hunger: Jorgen’s and my favourite word the last few months Glad to hand over to a seasoned finance leader, Johan Johansson, with a new & stronger balance sheet and a great team 🚀. UEFA: https://lnkd.in/g7fe6haw F1: https://lnkd.in/dBugQXtT #Viaplay #Finance #Turnaround

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My colleagues, Trevian Head of Technical Management Hannu Tamminen and his team have a key role in implementing various ESG projects. Anni Tenhunen is leading Agore Properties to take many more sustainable actions in 2024! #trevian #assetmanagement #esg #sustainability

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𝐈𝐧𝐬𝐢𝐠𝐡𝐭𝐬 𝐟𝐫𝐨𝐦 𝐌𝐓𝐊 & 𝐒𝐋𝐂 𝐇𝐨𝐫𝐬𝐞 𝐒𝐞𝐜𝐭𝐨𝐫 𝐒𝐮𝐫𝐯𝐞𝐲: 𝐍𝐚𝐯𝐢𝐠𝐚𝐭𝐢𝐧𝐠 𝐓𝐡𝐫𝐨𝐮𝐠𝐡 𝐄𝐜𝐨𝐧𝐨𝐦𝐢𝐜 𝐂𝐡𝐚𝐥𝐥𝐞𝐧𝐠𝐞𝐬 Over two-thirds of respondents experienced worse financial conditions than usual, with rising costs and diminished subsidies adding severe pressure. Nearly 70% of equine businesses have halted investments, a prudent move that signals a cautious or even pessimistic outlook for the near future, but also a testament to their adaptability and strategic thinking. 𝐊𝐞𝐲 𝐂𝐡𝐚𝐥𝐥𝐞𝐧𝐠𝐞𝐬 𝐈𝐝𝐞𝐧𝐭𝐢𝐟𝐢𝐞𝐝: 🔹 𝐑𝐢𝐬𝐢𝐧𝐠 𝐂𝐨𝐬𝐭𝐬 𝐚𝐧𝐝 𝐑𝐞𝐝𝐮𝐜𝐞𝐝 𝐒𝐮𝐛𝐬𝐢𝐝𝐢𝐞𝐬: The impact of high-interest rates and inflation, coupled with the elimination of agricultural subsidies specific to equine operations, has been profound. This policy shift challenges our sense of fairness and strains financial planning. 🔹 𝐅𝐢𝐧𝐚𝐧𝐜𝐢𝐚𝐥 𝐏𝐞𝐫𝐟𝐨𝐫𝐦𝐚𝐧𝐜𝐞 𝐚𝐧𝐝 𝐂𝐮𝐬𝐭𝐨𝐦𝐞𝐫 𝐒𝐩𝐞𝐧𝐝𝐢𝐧𝐠:  A significant 77% of surveyed businesses report revenues below €100,000, reflecting the tightened spending power of customers, especially felt by riding service providers. 🔹 𝐒𝐞𝐜𝐭𝐨𝐫 𝐕𝐢𝐭𝐚𝐥𝐢𝐭𝐲 𝐚𝐧𝐝 𝐄𝐦𝐩𝐥𝐨𝐲𝐦𝐞𝐧𝐭: The horse sector is a vital component of rural economies, providing essential employment and preventing marginalization. Its role in promoting health and community well-being is irreplaceable. Fostering sustainable growth in the horse sector requires active dialogue, cooperation, and innovative thinking. 𝐌𝐨𝐯𝐢𝐧𝐠 𝐅𝐨𝐫𝐰𝐚𝐫𝐝: We must acknowledge the multifaceted values of the horse sector and unite to ensure its sustainable future. The challenges are steep, but we can navigate these turbulent times with collaborative effort and innovative solutions. MTK ry – Central Union of Agricultural Producers and Forest Owners Maaseudun Tulevaisuus Kati Susi

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Today we released our 2024 Q1 figures. The fact that the PostNord Group’s result increased for the second consecutive quarter proves that our measures and our relentless focus on costs are giving the wanted results. The pace of our improvement programs remain high and the goal is to improve both the efficiency and the flexibility of our business model as well as growing our volumes going forward. The journey will continue. #postnord #financialreport

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Kempower’s H1 2024 Financial Report: Weak second quarter for the year 2024 January-June 2024 in brief, IFRS (comparison figures in parenthesis January-June 2023) 🔹 Order intake decreased to EUR 99.0 million (EUR 147.7 million) 🔹 Revenue decreased by 22% to EUR 99.7 million (EUR 128.2 million) 🔹 Operative EBIT decreased to EUR -19.3 million (EUR 20.8 million), -19.3% of revenue (16.2%) 🔹 Loss for the period was EUR 16.6 million (EUR 16.7 million profit) 🔹Cash flow from operating activities was EUR -26.5 million (EUR 23.1 million) Tomi Ristimäki comments on the H1 2024: “The first half of the year 2024 was challenging, and we expect the slow market situation for the DC charging market to prevail until the beginning of next year. When looking at the long and mid-term, the electrification of transportation is just getting started. In the beginning of 2024, an average ratio between the number of existing DC charging points and registered EVs in Europe was 1:60, which indicates significant investment debt in DC charging infrastructure, as the desired ratio is 1:20." "Rapid actions towards greener transport are needed from governments and companies to reduce GHG emissions and to curb global warming. At the same time, we are taking decisive actions to improve profitability and developing our customerships to return Kempower to its profitable growth track.” 📗 Read the Kempower Corporation Half Year Financial Report 1 January–30 June 2024 here: https://lnkd.in/d6tgGt8E 🎧 Join Kempower's H1 2024 webcast today, Wednesday, July 24, 2024, starting at 1.00 p.m. EEST: https://lnkd.in/geNKYH3J #kempower #DCfastcharging #electricvehicles #report

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How scattered is your ESG data? Data management is not only critical but also the most time-consuming part of a CSRD reporting journey. It's the fourth step in our CSRD advisory framework and builds the basis for setting up any technological implementation and optimization. 🔎 CSRD reporting requires meticulous data collection - effective data management ensures that this process is streamlined, accurate, and consistent. Thus, businesses need robust data management practices to enhance data quality over time, ensure audit consistency, and maintain a single source of truth. This involves establishing procedures for data gathering, verification, normalization, efficient storage, mapping data sources, and digitizing data collection. As technology advisors at BearingPoint, we have extensive experience optimizing ESG data management processes for sustainability reporting, ensuring your organization is well-prepared and compliant with CSRD.  Curious about partnering with us as your trusted advisor to refine your CSRD data management?  📧 Don't hesitate to contact us and explore our sustainability homepage for more details: Corporate Sustainability Reporting Directive | BearingPoint  Our team guides you every step of the way. 👉 Stay tuned for upcoming insights into the next steps for establishing your CSRD reporting and learn more about all technology-related challenges in our upcoming webinar Webinar : Navigating CSRD Technology Solutions | BearingPoint #CSRD #ESG #Datamanagement #ESGdata #CorporateSustainability #SustainableReporting #SustainablePerformance #BearingPoint  Chrystel Dierking Antti Hämäläinen Stefani Rahmel Benjamin Gietzendanner Janina Morgen-Cros

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