Market News

ACI Worldwide and RS2 have joined forces to offer a one-stop solution for acquirers and issuers in Brazil.  ACI Worldwide, a global leader in mission-critical, real-time payments software and RS2, a global payments processor and technology provider, have joined forces to offer a one-stop solution for acquirers and issuers in Brazil. The new offering combines the […]

Passenger movements through Malta International Airport surpassed the 800,000-mark in May for the first time in the airport’s history, with this milestone being reached in July last year.  In fact, May’s 858,402 movements exceeded the airport’s previous passenger traffic record for the month, held by May 2023, by 18.2 per cent, or more than 132,000 […]

Timberland Invest Ltd will be participating in this issue as one of the authorized intermediaries and will be accepting applications for this bond.  The Bonds are guaranteed by Hili Ventures Limited (C 57902), a private limited liability company registered under the laws of Malta. On 4 June 2024, Hili Company plc (the “Issuer”) published a Prospectus […]

A year of growth recognition and strategic forward planning The year under review has seen continuing interest in Trident Park, leading to a further increase in occupancy levels. This momentum, coupled with changes in tenancies across other properties, has resulted in higher rental incomes. Revenues for the year amounted to €4.2 million, an impressive 79% […]

Farsons Group recorded a pre-tax profit of €16.1 million in the financial year FY23-24, representing a 4.9% increase from the €15.3 million reported in FY22-23. The figures were announced in the group’s Annual Report for the financial year, released on Wednesday During the financial year, Farsons Group’s revenue surged upwards by 12.4% to €132.9 million (FY22-23: […]

Yearly earnings for the budget airline are at a record level despite rises in fuel prices, higher staffing costs and delivery delays. Ryanair has revealed an after-tax profit of €1.92 billion in the year to March, an annual jump of 34%. The total surpasses the previous annual record of €1.45 billion, made in the year […]

Malta International Airport announced that it is adjusting its traffic forecast and financial guidance for 2024, as it expects to welcome 8.45 million passengers by the end of the year, surpassing 2023 results by approximately 650,000 passenger movements. “Building on the record results achieved in 2023, the airport reported a strong first quarter in 2024, with the […]

First-quarter net income increased 10% from a year earlier to €1.45bn Trading and investment banking helped lift Deutsche Bank to its highest quarterly profits in 11 years in the first three months of 2024, as global dealmaking started to pick up after a two-year long slump. Germany’s largest lender said on Thursday that first-quarter net […]

MedservRegis Group reported €17.5 million in earnings before interest, tax, depreciation and amortisation (EBITDA) in 2023, a staggering increase of 53.5% over 2022 (€11.4 million). These results were published in MedservRegis Group’s Annual Report for the financial year ended 31st December 2023. The Group’s total revenue for the year amounted to €73.9 million (2022: €66.9 […]

1923 Investments plc, a subsidiary of Hili Ventures, has published its financial statements for the year ending December 2023, registering a strong performance across its key markets, especially in Poland. “2023 was an eventful year in which we streamlined our business, expanded our most successful operation, and sharpened our focus, leading us to achieve an […]

Germany’s year-on-year inflation for March 2024 was released on Friday morning, clocking in at 2.2%, according to the Federal Statistical Office. This was a step down from February’s 2.5%, while also being the lowest figure since May 2021. This was mainly due to food inflation seeing the first decline since February 2015, sliding to -0.7% […]

Global bank HSBC has agreed to sell its Argentina division to the financial services company Grupo Financiero Galicia for $550 million (€501m) as it focuses on core Asia operations. HSBC is selling the business, which covers banking, asset management and insurance, to Argentina’s fifth largest bank Grupo Financiero Galicia for $550 million, the British bank said. […]