Month: August 2020

Pressmeddelande 2020-08-14Hexatronic Group AB (publ)Delårsrapport januari – juni 2020 Viktiga händelser under kvartaletHexatronic tecknade ett strategiskt avtal med KCOM i Storbritannien till ett värde av 40 MSEK. Hexatronic förvärvade det brittiska fiberoptikbolaget Tech Optics Ltd. Hexatronic vann nya ordrar på sjökabel till ett värde av 40 MSEK. Baserat på den mycket osäkra omvärldssituationen beslöt styrelsen att dra tillbaka tidigare kommunicerat utdelningsförslag. Viktiga händelser efter kvartalets utgångHexatronic förvärvade det amerikanska utbildningsbolaget The Light Brigade Inc. Hexatronic informerade om ökad lönsamhet samt att försäljningen under andra kvartalet påverkades negativt med uppskattningsvis 40-50 MSEK som en konsekvens av covid-19 pandemin.             VD HAR ORDETStärkt lönsamhet och strategiska förvärvLönsamheten...

Press Release 14 August 2020 Hexatronic Group AB (publ)Interim Report January – June 2020 Events during the quarterHexatronic signed a strategic supply agreement with KCOM in the UK worth up to MSEK 40. Hexatronic acquired the UK-based fiber optic company Tech Optics Ltd. Hexatronic won submarine cable orders totalling MSEK 40. Based on the very uncertain situation in the world, the Board decided to withdraw the previously announced dividend proposal. Events since the end of the periodHexatronic acquired the US-based fiber optic training company The Light Brigade Inc. Hexatronic estimated the negative sales effect in the second quarter, because of the COVID-19 pandemic, to be approximately MSEK 40-50 but an increased profitability.COMMENTS FROM THE CEOStrong profitability and strategic acquisitionsProfitability (EBITA) increased during...

Central Bank of Savings Banks Finland PlcStock Exchange Release14 August 2020 at 8:00 am (CET +1)Central Bank of Savings Banks Finland Plc’s and Savings Banks Group’s Half year financial report for January-June 2020 has been published.The materials are attached to this release and available at www.saastopankki.fi.CENTRAL BANK OF SAVINGS BANKS FINLAND PLCAdditional information:Tomi Närhinen, Managing Director Savings Banks Union Cooptomi.narhinen@saastopankki.fi+358 40 724 3896Kai Brander, Managing DirectorCentral Bank of Savings Banks Finland Plckai.brander@saastopankki.fi+358 50 384 8220Central Bank of Savings Banks Finland Plc belongs to the Savings Banks Amalgamation and Savings Banks Group and acts as Group’s central credit institution. Central Bank of Savings Banks Finland Plc’s role is to ensure liquidity and...

Säästöpankkien Keskuspankki Suomi OyjPörssitiedote14.8.2020 klo 8:00Säästöpankkien Keskuspankki Suomi Oyj:n ja Säästöpankkiryhmän puolivuosikatsaus 1.1. – 30.6.2020 on julkaistu.Materiaalit ovat tämän tiedotteen liitteenä ja saatavilla osoitteessa: www.saastopankki.fi.SÄÄSTÖPANKKIEN KESKUSPANKKI SUOMI OYJLisätietoja:Tomi Närhinen, toimitusjohtajaSäästöpankkiliitto osktomi.narhinen@saastopankki.fi+358 40 724 3896Kai Brander, toimitusjohtajaSäästöpankkien Keskuspankki Suomi Oyjkai.brander@saastopankki.fi+358 50 384 8220Säästöpankkien Keskuspankki Suomi Oyj on osa Säästöpankkien yhteenliittymää ja Säästöpankkiryhmää. Säästöpankkien Keskuspankin roolina on varmistaa Säästöpankkiryhmän likviditeetti ja tukkuvarainhankinta raha- ja pääomamarkkinoilta, hoitaa maksujen välitys sekä maksukorttien liikkeeseenlasku.LiitteetSäästöpankkiryhmän...

Das Technologieunternehmen Feintool verzeichnete im ersten Halbjahr 2020 aufgrund der Covid-19-Pandemie einen markanten Umsatzrückgang. Dieser sank im Vergleich zum Vorjahr um 36 Prozent auf CHF 212 Mio. Daraus resultiert ein operativer Verlust von CHF 18 Mio. Mit Massnahmen wie massiven Kosteneinsparungen, Verschieben von Investitionen, Kurzarbeit, Personalreduktion sowie Liquiditätsstärkung minimiert Feintool die wirtschaftlichen Folgen der Pandemie. Aus heutiger Sicht werden für die zweite Jahreshälfte ein leicht höherer Umsatz und eine deutlich verbesserte Profitabilität erwartet.Die Feintool-Gruppe erwirtschaftete im ersten halben Jahr 2020 einen Umsatz von CHF 212.3 Mio. Das Serienteilegeschäft des Segments System Parts ging in der Berichtsperiode um 34.0 % auf CHF 197.5 Mio. zurück Der Umsatz des Segments Fineblanking Technology...

The technology group Feintool recorded a significant decline in sales in the first half of 2020 due to the COVID-19 pandemic. Compared to the previous year, sales fell by 36 percent to CHF 212 million. This resulted in an EBIT loss of CHF 18 million. Feintool is minimizing the economic impact of the pandemic by implementing actions such as cost cuts, postponing capital expenditures, short-time work schedules and staffing reductions, and strengthening the group’s liquidity. From today’s perspective, Feintool expects slightly higher sales and significantly improved profitability in the second half of the year.The Feintool Group generated net sales of CHF 212.3 million in the first half of 2020. The System Parts segment’s parts business shrank by 34.0% to CHF 197.5 million in the reporting period. Sales in the Fineblanking Technology segment...

Sp Mortgage Bank PlcStock Exchange Release14 August 2020 at 8:00 am (CET +1)Sp Mortgage Bank Plc’s and Savings Banks Group’s Half year financial report for January – June 2020 has been published.The materials are attached to this release and available at www.saastopankki.fi.SP MORTGAGE BANK PLCAdditional information:Tomi Närhinen, Managing DirectorSavings Banks Union Cooptomi.narhinen@saastopankki.fi+358 40 724 3896Tero Kangas, Managing DirectorSp Mortgage Bank Plctero.kangas@saastopankki.fi+358 50 420 1022Sp Mortgage Bank Plc is part of the Savings Banks Group and the Savings Banks Amalgamation. The role of Sp Mortgage Bank is, together with Central Bank of Savings Banks Finland Plc, to be responsible for obtaining funding for the Savings Banks Group from money and capital markets. Sp Mortgage Bank is responsible for...

UK government to purchase 60 million doses of NVX-CoV2373Novavax to partner with FUJIFILM Diosynth Biotechnologies to manufacture antigen component of NVX-CoV2373 in the UKNovavax and UK government to collaborate on Phase 3 clinical trial in UK commencing in the third quarter of this yearNovavax intends to

Steve Muehler, the Founder & Senior Managing Member of Private Placement Markets, today announced that the firm will open offices in Sydney, Australia late in 2020. “The country of Australia has large mineral deposits and commodities, a well-educated population, well established investment standards, and was well into its 30th year of growth prior to the Covid-19 Pandemic. Because the Australian Economy has been piggybacked to China for its growth over the last two decades, the breakdown in U.S. China trade negotiations has been a threat to the continued growth of Australia (along with the Pandemic), which opens the door to new opportunities,” said Steve Muehler, Founder and Senior Managing Member of Private Placement Markets. The Private Placement Markets is a growing global provider of alternative asset trading, Alternative Trading...

Stocks rallied briefly on today’s session getting back what was loss from the prior days. S&P 500 almost hit a record high breaking above 3,386.16 level from February 19 but fell short just as the market close this Wednesday. Tech giants rebounds big time helping Nasdaq bring back its 11,000 level. Microsoft is up by 2.9% while Apple increased 3.3%. Facebook, Netflix and Alphabet all rose more than 1% while Amazon is up by 2.7%. Here are the main movements in the Global Stock Market; Stocks– The S&P 500 jumped up with 46.64 points increased or 1.40% to 3,380.33.– The Dow Jones Industrial Averages climbed 289.64 points or 1.05% up to 27,976.55. Recording its highest in the past six months.– Nasdaq Composite advanced with 229.42 points gains or 2.13% up to 11,012.24. Breaking the 10k range for the second time...