Oriola-KD Corporation sold its Russian businesses to a Russian pharmacy chain for RUB 3,700 million (EUR 56 million). The sale allowed Oriola-KD to classify the Russian businesses as discontinued operations and recognize an estimated loss of EUR 26 million. Oriola-KD will now focus on continuing operations in Sweden, Finland, and the Baltics, which have shown stable performance and positive development.
Oriola-KD operates as an effective and reliable channel between pharmaceutical manufacturers and consumers in Northern Europe. Oriola-KD engages in pharmaceutical retailing, i.e. pharmacy operations, in Sweden, online pharmacy business in Latvia and pharmaceutical wholesaling and distribution in Finland, Sweden and the Baltic countries. In addition Oriola-KD markets health and well-being products in Finland and the Baltic countries. Oriola-KD’s net sales for 2014 were approximately EUR 1.6 billion. Company has approximately 2 350 employees. Oriola-KD is listed on NASDAQ OMX Helsinki Ltd.
Interim Review January-June 2014: Strong development in orders received continued - profitability improvement proceeding according to plan
Presentation material at the news conference on July 31, 2014.
President and CEO's review in Annual General Meeting 2014Valmet Oyj
Valmet's Annual General Meeting 2013 was arranged on March 26, 2014 in Messukeskus, Helsinki.
Presentation material of the President and CEO Pasi Laine's review.
Interim Review January-March 2014: Strong development in orders received - profitability improvement continues to be in focus
Presentation material at the news conference on April 25, 2014
Oriola-KD operates as an effective and reliable channel between pharmaceutical manufacturers and consumers in Northern Europe. Oriola-KD engages in pharmaceutical retailing, i.e. pharmacy operations, in Sweden, online pharmacy business in Latvia and pharmaceutical wholesaling and distribution in Finland, Sweden and the Baltic countries. In addition Oriola-KD markets health and well-being products in Finland and the Baltic countries. Oriola-KD’s net sales for 2014 were approximately EUR 1.6 billion. Company has approximately 2 350 employees. Oriola-KD is listed on NASDAQ OMX Helsinki Ltd.
Interim Review January-June 2014: Strong development in orders received continued - profitability improvement proceeding according to plan
Presentation material at the news conference on July 31, 2014.
President and CEO's review in Annual General Meeting 2014Valmet Oyj
Valmet's Annual General Meeting 2013 was arranged on March 26, 2014 in Messukeskus, Helsinki.
Presentation material of the President and CEO Pasi Laine's review.
Interim Review January-March 2014: Strong development in orders received - profitability improvement continues to be in focus
Presentation material at the news conference on April 25, 2014
US Economic Outlook - Being Decided - M Capital Group August 2021.pdfpchutichetpong
The U.S. economy is continuing its impressive recovery from the COVID-19 pandemic and not slowing down despite re-occurring bumps. The U.S. savings rate reached its highest ever recorded level at 34% in April 2020 and Americans seem ready to spend. The sectors that had been hurt the most by the pandemic specifically reduced consumer spending, like retail, leisure, hospitality, and travel, are now experiencing massive growth in revenue and job openings.
Could this growth lead to a “Roaring Twenties”? As quickly as the U.S. economy contracted, experiencing a 9.1% drop in economic output relative to the business cycle in Q2 2020, the largest in recorded history, it has rebounded beyond expectations. This surprising growth seems to be fueled by the U.S. government’s aggressive fiscal and monetary policies, and an increase in consumer spending as mobility restrictions are lifted. Unemployment rates between June 2020 and June 2021 decreased by 5.2%, while the demand for labor is increasing, coupled with increasing wages to incentivize Americans to rejoin the labor force. Schools and businesses are expected to fully reopen soon. In parallel, vaccination rates across the country and the world continue to rise, with full vaccination rates of 50% and 14.8% respectively.
However, it is not completely smooth sailing from here. According to M Capital Group, the main risks that threaten the continued growth of the U.S. economy are inflation, unsettled trade relations, and another wave of Covid-19 mutations that could shut down the world again. Have we learned from the past year of COVID-19 and adapted our economy accordingly?
“In order for the U.S. economy to continue growing, whether there is another wave or not, the U.S. needs to focus on diversifying supply chains, supporting business investment, and maintaining consumer spending,” says Grace Feeley, a research analyst at M Capital Group.
While the economic indicators are positive, the risks are coming closer to manifesting and threatening such growth. The new variants spreading throughout the world, Delta, Lambda, and Gamma, are vaccine-resistant and muddy the predictions made about the economy and health of the country. These variants bring back the feeling of uncertainty that has wreaked havoc not only on the stock market but the mindset of people around the world. MCG provides unique insight on how to mitigate these risks to possibly ensure a bright economic future.
How to get verified on Coinbase Account?_.docxBuy bitget
t's important to note that buying verified Coinbase accounts is not recommended and may violate Coinbase's terms of service. Instead of searching to "buy verified Coinbase accounts," follow the proper steps to verify your own account to ensure compliance and security.
how to sell pi coins effectively (from 50 - 100k pi)DOT TECH
Anywhere in the world, including Africa, America, and Europe, you can sell Pi Network Coins online and receive cash through online payment options.
Pi has not yet been launched on any exchange because we are currently using the confined Mainnet. The planned launch date for Pi is June 28, 2026.
Reselling to investors who want to hold until the mainnet launch in 2026 is currently the sole way to sell.
Consequently, right now. All you need to do is select the right pi network provider.
Who is a pi merchant?
An individual who buys coins from miners on the pi network and resells them to investors hoping to hang onto them until the mainnet is launched is known as a pi merchant.
debuts.
I'll provide you the Telegram username
@Pi_vendor_247
The Evolution of Non-Banking Financial Companies (NBFCs) in India: Challenges...beulahfernandes8
Role in Financial System
NBFCs are critical in bridging the financial inclusion gap.
They provide specialized financial services that cater to segments often neglected by traditional banks.
Economic Impact
NBFCs contribute significantly to India's GDP.
They support sectors like micro, small, and medium enterprises (MSMEs), housing finance, and personal loans.
If you are looking for a pi coin investor. Then look no further because I have the right one he is a pi vendor (he buy and resell to whales in China). I met him on a crypto conference and ever since I and my friends have sold more than 10k pi coins to him And he bought all and still want more. I will drop his telegram handle below just send him a message.
@Pi_vendor_247
Empowering the Unbanked: The Vital Role of NBFCs in Promoting Financial Inclu...Vighnesh Shashtri
In India, financial inclusion remains a critical challenge, with a significant portion of the population still unbanked. Non-Banking Financial Companies (NBFCs) have emerged as key players in bridging this gap by providing financial services to those often overlooked by traditional banking institutions. This article delves into how NBFCs are fostering financial inclusion and empowering the unbanked.
BYD SWOT Analysis and In-Depth Insights 2024.pptxmikemetalprod
Indepth analysis of the BYD 2024
BYD (Build Your Dreams) is a Chinese automaker and battery manufacturer that has snowballed over the past two decades to become a significant player in electric vehicles and global clean energy technology.
This SWOT analysis examines BYD's strengths, weaknesses, opportunities, and threats as it competes in the fast-changing automotive and energy storage industries.
Founded in 1995 and headquartered in Shenzhen, BYD started as a battery company before expanding into automobiles in the early 2000s.
Initially manufacturing gasoline-powered vehicles, BYD focused on plug-in hybrid and fully electric vehicles, leveraging its expertise in battery technology.
Today, BYD is the world’s largest electric vehicle manufacturer, delivering over 1.2 million electric cars globally. The company also produces electric buses, trucks, forklifts, and rail transit.
On the energy side, BYD is a major supplier of rechargeable batteries for cell phones, laptops, electric vehicles, and energy storage systems.
Poonawalla Fincorp and IndusInd Bank Introduce New Co-Branded Credit Cardnickysharmasucks
The unveiling of the IndusInd Bank Poonawalla Fincorp eLITE RuPay Platinum Credit Card marks a notable milestone in the Indian financial landscape, showcasing a successful partnership between two leading institutions, Poonawalla Fincorp and IndusInd Bank. This co-branded credit card not only offers users a plethora of benefits but also reflects a commitment to innovation and adaptation. With a focus on providing value-driven and customer-centric solutions, this launch represents more than just a new product—it signifies a step towards redefining the banking experience for millions. Promising convenience, rewards, and a touch of luxury in everyday financial transactions, this collaboration aims to cater to the evolving needs of customers and set new standards in the industry.
Introduction to Indian Financial System ()Avanish Goel
The financial system of a country is an important tool for economic development of the country, as it helps in creation of wealth by linking savings with investments.
It facilitates the flow of funds form the households (savers) to business firms (investors) to aid in wealth creation and development of both the parties
how to swap pi coins to foreign currency withdrawable.DOT TECH
As of my last update, Pi is still in the testing phase and is not tradable on any exchanges.
However, Pi Network has announced plans to launch its Testnet and Mainnet in the future, which may include listing Pi on exchanges.
The current method for selling pi coins involves exchanging them with a pi vendor who purchases pi coins for investment reasons.
If you want to sell your pi coins, reach out to a pi vendor and sell them to anyone looking to sell pi coins from any country around the globe.
Below is the contact information for my personal pi vendor.
Telegram: @Pi_vendor_247
how to sell pi coins in South Korea profitably.DOT TECH
Yes. You can sell your pi network coins in South Korea or any other country, by finding a verified pi merchant
What is a verified pi merchant?
Since pi network is not launched yet on any exchange, the only way you can sell pi coins is by selling to a verified pi merchant, and this is because pi network is not launched yet on any exchange and no pre-sale or ico offerings Is done on pi.
Since there is no pre-sale, the only way exchanges can get pi is by buying from miners. So a pi merchant facilitates these transactions by acting as a bridge for both transactions.
How can i find a pi vendor/merchant?
Well for those who haven't traded with a pi merchant or who don't already have one. I will leave the telegram id of my personal pi merchant who i trade pi with.
Tele gram: @Pi_vendor_247
#pi #sell #nigeria #pinetwork #picoins #sellpi #Nigerian #tradepi #pinetworkcoins #sellmypi
how to sell pi coins in all Africa Countries.DOT TECH
Yes. You can sell your pi network for other cryptocurrencies like Bitcoin, usdt , Ethereum and other currencies And this is done easily with the help from a pi merchant.
What is a pi merchant ?
Since pi is not launched yet in any exchange. The only way you can sell right now is through merchants.
A verified Pi merchant is someone who buys pi network coins from miners and resell them to investors looking forward to hold massive quantities of pi coins before mainnet launch in 2026.
I will leave the telegram contact of my personal pi merchant to trade with.
@Pi_vendor_247
USDA Loans in California: A Comprehensive Overview.pptxmarketing367770
USDA Loans in California: A Comprehensive Overview
If you're dreaming of owning a home in California's rural or suburban areas, a USDA loan might be the perfect solution. The U.S. Department of Agriculture (USDA) offers these loans to help low-to-moderate-income individuals and families achieve homeownership.
Key Features of USDA Loans:
Zero Down Payment: USDA loans require no down payment, making homeownership more accessible.
Competitive Interest Rates: These loans often come with lower interest rates compared to conventional loans.
Flexible Credit Requirements: USDA loans have more lenient credit score requirements, helping those with less-than-perfect credit.
Guaranteed Loan Program: The USDA guarantees a portion of the loan, reducing risk for lenders and expanding borrowing options.
Eligibility Criteria:
Location: The property must be located in a USDA-designated rural or suburban area. Many areas in California qualify.
Income Limits: Applicants must meet income guidelines, which vary by region and household size.
Primary Residence: The home must be used as the borrower's primary residence.
Application Process:
Find a USDA-Approved Lender: Not all lenders offer USDA loans, so it's essential to choose one approved by the USDA.
Pre-Qualification: Determine your eligibility and the amount you can borrow.
Property Search: Look for properties in eligible rural or suburban areas.
Loan Application: Submit your application, including financial and personal information.
Processing and Approval: The lender and USDA will review your application. If approved, you can proceed to closing.
USDA loans are an excellent option for those looking to buy a home in California's rural and suburban areas. With no down payment and flexible requirements, these loans make homeownership more attainable for many families. Explore your eligibility today and take the first step toward owning your dream home.
2. Oriola-KD Corporation
2
•Oriola-KD Corporation sells its Russian businesses to Russian pharmacy chain CJSC Apteki 36.6
•The cash and debt free selling price is RUB 3,700 million, equivalent to approximately EUR 56 million. Whole consideration has been received as cash.
•Oriola-KD classifies Russian businesses in accordance with IFRS 5 as a discontinued operation, and recognizes estimated loss of EUR 26 million.
Oriola-KD Corporation sells its Russian businesses
4. Oriola-KD Corporation
Discontinued Russian Operations
•Wholesale operations
•Nationwide distributor covering major regions of Russia.
•Central distribution center and head office in Moscow, 12 regional branches.
•Retail operations
•At the end of September 2014, 229 pharmacies operating under two major brands Stary Lekar and 03 Apteka.
5. Oriola-KD Corporation
5
•Decision to sale Russian businesses was based on estimated outlook on
•Overall development trend of Russian pharmaceutical markets.
•Current and future competitive environment in both pharmaceuticals wholesale and retails markets.
•Updated estimate on future profitability development potential of the Russian businesses.
Continued poor performance of Russian operations
Operating profit excluding non-recurring items
7. Oriola-KD Corporation
7
Oriola-KD continuing operations
Employees (Sep 30, 2014) 2.300 employees
•Sweden 78 %
•Finland & Baltics 22 %
Retail business (Sep 30, 2014)
303 pharmacies
•Operating under Kronans Apotek –brand in Sweden
Wholesale business
3 central warehouses
•Central warehouses in Mölnlycke, Espoo, and Vilnius
Net sales 2013
EUR 1.6 billion
•Sweden 74 %
•Finland & Baltics 26 %
8. Oriola-KD Corporation
8
Stable Performance in Finland and Baltics
•Strong position in Finnish pharmaceutical wholesale market.
•Efficient and reliable logistics.
•High-quality added-value services.
Pharmaceutical Trade Finland and Baltics
Operating profit percentage for Finland and Baltics 1-9 2014
4,7 %
Operating profit
Operating profit january – september
9. Oriola-KD Corporation
9
•Strong pharmacy and product portfolio.
•Continued strong profitability development.
Positive development in Swedish retail business
Swedish pharmaceutical retail
Kronans Apotek pharmacies 30 September 2014
303
Operating profit excluding non-recurring items
Operating profit % excluding non-recurring items
10. Oriola-KD Corporation
10
•Positive development of operating profit driven by increased volumes and actions targeting to improve operational efficiency.
Strong development of Swedish wholesale business
Swedish pharmaceutical wholesale
Operating profit excluding non-recurring items
Operating profit % excluding non-recurring items
Parallel imports share of the Swedish pharmaceutical 30 September 2014
14,5 %
12. Oriola-KD Corporation
12
Oriola-KD Continuing Operations
EBIT (excluding non-recurring items)
EBITDA (excluding non-recurring items)
Net Sales
Pro Forma
13. Oriola-KD Corporation
13
Oriola-KD Continuing Operations
Profit for the period
Dividend and Earnings per Share
Dividend
Repayment of Capital
Earnings per Share
Pro Forma
15. Oriola-KD Corporation
15
Outlook for 2014
•Revised outlook on December 8th, 2014
•Oriola-KD estimates that net sales from continuing operations will be at the level of 2013 and operating profit excluding non- recurring items from continuing operations will increase from 2013 level.
•Previous outlook on October 23rd, 2014
•Oriola-KD estimates that net sales and operating profit excluding non-recurring items will decrease from 2013 level.