Telia, the Swedish multinational telco, has announced the appointment of Bjørn Ivar Moen as Senior Vice President, Head of Telia Norway and member of the company’s Group Executive Management team, effective January 1st 2026 at the latest. Stein-Erik Vellan, currently Senior Vice President, Head of Telia Norway and member of the Group Executive Management team, […]

Tele2, the Sweden-based multinational telco, has announced its consolidated results for the full year and fourth quarter of 2024, with an Equity Free Cash Flow (EFCF) reaching 4.4 billion SEK (€0.38bn) during the full year. Consistent with Tele2’s financial policy, the Board of Directors proposes to distribute 100 per cent of the EFCF, corresponding to […]

According to company filings, Disney CEO Bob Iger received a pay package of $41.1 million (€39.3m) in 2024, mostly in the form of stock and option awards. His salary was $1 million. In 2023, Iger took home a pay package valued at $31.6 million, with most of that in the form of stock and option […]

Ericsson has reported its full year results, with sales declining by 5 per cent, impacted by a 6 per cent sales decrease in Networks. Reported sales were SEK 247.9 billion (€21.6bn). Adjusted gross income increased to SEK 111.4 billion with an increased contribution from all segments. Net income was SEK 0.4 billion. Börje Ekholm, President […]

Cairo-based satellite operator Nilesat saw its revenues fall marginally during 2024. In the year to December 31st its revenues were $101.14 million (€96.5m) down slightly from $101.82 million in the same period last year, but its total profit grew almost 24 per cent to $42.98 million (from $37.7 million). The past year saw new cooperation […]

ABS, formerly known as Asia Broadcast Satellite, has a recently appointed new CEO Mark Rigolle (who was previously CFO at SES and CEO at O3b) and announced some valuable new contracts over the past year. However, the headline numbers for the year to September 30th 2024 showed a fall of 4 per cent under what […]

LG Electronics has announced its financial results for the year 2024, disclosing a consolidated revenue of KRW 87.73 trillion (€58.6bn) and an operating profit of KRW 3.42 trillion. This marks a new record for the highest annual revenue in the company’s history. In terms of revenue, both the home appliances and the vehicle components business […]

UK-based LBG Media is a fast-growing mostly online entertainment business focusing on young adults. Its latest results are ahead of consensus expectations and the continued integration of its US businesses “delivered significant wins with a strong pipeline, providing confidence in future growth.” The company’s group revenue grew 22 per cent, with 6 per cent organic […]

STV Group, in a trading update, has reported that performance remains “in line with market expectations, despite ongoing weakness in the linear TV advertising and commissioning markets”. The Scottish broadcaster says it continues to trade well, winning commissions despite constrained budgets and delivering for its customers in a continued inflationary environment. The forward orderbook sits […]

San Francisco-based audio and visual technology company, Dolby Labs, has reported a strong financial performance for its Q4 and full year, showing solid growth in net income despite a slight decrease in total revenue compared to the previous year. Its share price rose 10 per cent in after-hours trading and what analysts saw as a […]