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Month: July 2020

UPM Plywood closes Jyväskylä plywood mill – employee consultation process completed

(UPM Plywood, Lahti, 21.07.2020 at 12:00) – In June UPM announced plans to permanently close its Jyväskylä plywood mill. The employee consultation processes regarding the plan have now been completed.UPM Jyväskylä plywood mill will be permanently closed on 31.07.2020. The reduction of personnel is 147 people.“I want to thank all parties for an open and constructive consultation process. We have focused on finding best possible solutions for the employees affected. In addition to regulatory measures, UPM provides support for alternative routes to new careers. For example, through training, further education or entrepreneurship. In addition, we will support relocation to open positions in other UPM Plywood mill sites”, says Mika Sillanpää, EVP UPM Plywood.The planned actions will strengthen UPM Plywood’s overall competitiveness and performance...

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UPM Plywood sulkee Jyväskylän vaneritehtaan – yhteistoimintaneuvottelut on saatettu päätökseen

(UPM Plywood, Lahti, 21.7.2020 klo 12:00) – Kesäkuussa UPM ilmoitti suunnitelmistaan Jyväskylän vaneritehtaan sulkemisesta. Suunnitelmia koskevat yhteistoimintaneuvottelut on nyt saatettu päätökseen.UPM Jyväskylän vaneritehdas suljetaan pysyvästi 31.7.2020. Sulkemisesta johtuva henkilöstövähennys on 147 henkilöä.”Haluan kiittää osapuolia avoimesta ja rakentavasta neuvotteluprosessista. Olemme pyrkineet yhdessä löytämään parhaita mahdollisia ratkaisuja työntekijöille ja minimoimaan sulkemisen vaikutukset henkilöstölle. Laissa määriteltyjen tukitoimien lisäksi, UPM tarjoaa tukea erilaisten urapolkujen löytämiseen esimerkiksi työllistymiskoulutuksen, tutkintoon johtavan opiskelun tai yrittäjyyden kautta. Tuemme lisäksi uudelleensijoittumista UPM Plywoodin muilla tehdaspaikkakunnilla avoinna oleviin tehtäviin”, sanoo UPM Plywoodin liiketoimintajohtaja...

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Correction: Adevinta ASA (ADE) – Presentation material in relations to the acquisition of eBay Classifieds Group

Corrected version, including attachment in PDF format.Adevinta hosted a webcast a conference for analysts and investors 09.30 CEST today 21 July 2020. The topic is the news announced this morning regarding the acquisition of eBay Classifieds Group. Reference is made to the stock exchange announcement published this morning. Please find enclosed presentation material which was used in connection with the event.This information is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading ActAttachmentAcquisition of eBay Classifieds presentation material

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Schibsted ASA (SCHA/SCHB) – Invitation to today’s conference call and Q&A regarding Adevinta’s agreement to acquire eBay Classifieds Group

We hereby invite you to participate at Schibsted’s conference call and Q&A related to Adevinta’s acquisition of eBay Classifieds Group on 21 July 2020 at 11:30 CET.Management participants:CEO Kristin Skogen LundCFO Ragnar KårhusEVP Nordic Marketplaces Christian Printzell Halvorsen.Please join the event conference 5-10 minutes prior to the start time.Participant Passcode: 907529Norway: +47 2350 0187Sweden: +46 (0)8 5033 6546United Kingdom: +44 (0)330 336 9401United States: +1 323-794-2095 You can also follow the presentation slides (without audio, please call numbers above for audio) here: https://slideassist.webcasts.com/starthere.jsp?ei=1348332AttachmentPresentation for conference call

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Nokia announces first commercial 5G standalone (SA) private wireless networking solutions for enterprise customers

Press ReleaseNokia announces first commercial 5G standalone (SA) private wireless networking solutions for enterprise customersBuilds on foundation of more than 180 private wireless network customers worldwideProvides ‘direct to 5G’ entry point for high-spec industrial use case validation and ecosystem developmentSandvik to deploy 5G SA private network at its Tampere, Finland test mineNokia 4.9G/LTE private wireless portfolio enhancements available             21 July 2020Espoo, Finland – Nokia today announced global commercial availability of new 5G SA industrial-grade private wireless networking solutions, providing a roadmap to fulfilling the needs of the most demanding industrial and manufacturing use cases.With the introduction of 5G SA, Nokia gives its customers the most comprehensive end-to-end portfolio of high-performance 4.9G/LTE...

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OP Mortgage Bank: Half-year Financial Report for 1 January–30 June 2020

OP Mortgage BankHalf-year Financial ReportStock Exchange Release 21 July 2020, 10.00am EESTOP Mortgage Bank: Half-year Financial Report for 1 January–30 June 2020OP Mortgage Bank (OP MB) is part of OP Financial Group and its role is to raise, together with OP Corporate Bank plc, funding for OP from money and capital markets. OP MB is responsible for the Group’s funding for the part of covered bond issuance.Financial standingThe intermediary loans and loan portfolio of OP MB totalled EUR 15,315 million (14,335)* on 30 June 2020. OP MB issued a 1 billion-euro fixed-rate covered bond with a maturity of 8.25 years in international capital markets in January. Out of the proceeds of the bond, EUR 984 million were intermediated to 77 OP cooperative banks in the form of intermediary loans in April. In February, a new extension of an intermediary...

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OP-Asuntoluottopankki Oyj:n osavuosikatsaus 1.1.– 30.6.2020

OP-Asuntoluottopankki OyjPuolivuosikatsausPörssitiedote 21.7.2020 klo 10.00OP-Asuntoluottopankki Oyj:n osavuosikatsaus 1.1.– 30.6.2020OP-Asuntoluottopankki Oyj (OPA) on osa OP Ryhmää, ja sen rooli on yhdessä OP Yrityspankki Oyj:n kanssa vastata OP:n varainhankinnasta raha- ja pääomamarkkinoilta. OPA vastaa ryhmän kiinteistövakuudellisesta varainhankinnasta laskemalla liikkeeseen katettuja joukkovelkakirjalainoja.Taloudellinen asemaOPAn väliluotot ja luottokanta olivat kesäkuun lopussa 15 315 miljoonaa euroa (14 335)*. OPA laski liikkeeseen tammikuussa 8,25 vuoden mittaisen kansainvälisille pääomamarkkinoille suunnatun kiinteäkorkoisen kiinteistövakuudellisen 1 miljardin euron suuruisen joukkovelkakirjalainan, josta väliluottoina välitettiin huhtikuussa 984 miljoonaa euroa 77 osuuspankille. Helmikuussa toteutettiin uusi väliluottomallin...

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Q2 report

Interim condensed consolidated financial statement for the period ended 30 June 2020Second quarter 2020-04-01 – 2020-06-30The total income of the Group was TEUR 103 644 (133 461), a decrease of 22,3%.The EBITDA of the Group was TEUR 14 751(22 445).The operating profit of the Group was TEUR 3 774 (11 541).The profit before tax of the Group was TEUR 763 (11 200).The profit after tax of the Group was TEUR 329(7 562).Earnings per share amounted to EUR 0,02 (0,56).   Period 2020-01-01 – 2020-06-30    The total income of the Group was TEUR 232 926 (271 690), an decrease of 14,3%.The EBITDA of the Group was TEUR 32 436(51 206).The operating profit of the Group was TEUR10 553 (30 893).The profit before tax of the Group was TEUR9 701 (31 919).The profit after tax of the Group was TEUR 4 741 (23 860).Earnings per share amounted to EUR 0,35 (1,77).Events...

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