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Month: August 2020

Satsuma Pharmaceuticals Provides Business Update and Reports Second Quarter 2020 Financial Results

Completed treatment phase of pivotal EMERGE™ Phase 3 efficacy trial of STS101 as planned and remain on track to report top-line results in late September or early October 2020Initiated patient enrollment in ASCEND™ Phase 3 open-label safety trial of STS101 Cash, cash equivalents and marketable securities of $93.7 million as of June 30, expected to provide cash runway through end of 2021 and planned STS101 NDA filing in Q4 2021SOUTH SAN FRANCISCO, Calif., Aug. 12, 2020 (GLOBE NEWSWIRE) — Satsuma Pharmaceuticals, Inc. (Nasdaq: STSA), a clinical-stage biopharmaceutical company, today summarized recent business progress  and reported financial results for the second quarter ended June 30, 2020.“As evidenced by the completion of the treatment phase of our Phase 3 EMERGE efficacy trial and the recent initiation of patient enrollment in...

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SimCorp reports revenue of EUR 210m and EBIT margin of 21% in H1 2020, despite the disruption caused by the Covid-19 pandemic

Company Announcement no. 37/2020Q2 2020 Highlights:Reported revenue was EUR 106.7m, a decrease of 2.6% when compared with Q2 2019.EBIT was EUR 26.0m and EBIT margin was 24.4% compared with the strong EBIT of EUR 32.3m and EBIT margin of 29.5% in Q2 2019.In Q2 2020, one new SimCorp Dimension and two new SimCorp Coric orders were signed. For two of the new orders, order intake and revenue recognition have been deferred until certain conditions are met.Order intake was EUR 16.9m, a decrease of EUR 5.7m or 25% compared with Q2 2019.Free cash flow was EUR 20.4m, an increase of 8% when compared with Q2 2019.H1 2020 Highlights:Reported revenue of EUR 209.7m was at the same level as in H1 2019. Measured in local currencies, and excluding M&A activities, the organic revenue declined by 3.2% when compared with H1 2019.EBIT was EUR 43.5m compared...

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Agility Secures Over $8M USD to Expand Anheuser-Busch CNG Fleet

Agility® Fuel Solutions (Agility), a business of Hexagon Composites and a leading global provider of clean fuel solutions for medium- and heavy-duty commercial vehicles, received a substantial order from longtime customer Anheuser-Busch. Over 180 new trucks equipped with Agility’s ProCab® 175 CNG Fuel Systems will be joining the fleet. The estimated total value of the order is over USD 8.0 million (approx. NOK 72 million).In 2014 and 2015, Anheuser-Busch converted 160 diesel-fueled trucks in Houston and St. Louis to fleets powered by compressed natural gas (CNG) engines. As the next step to achieve their 2025 sustainability goal of reducing carbon emissions across their value chain by 25% by 2025, the brewer will be expanding this fleet and investing in technology to transition to cleaner-burning renewable natural gas.“Innovation in the...

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DFDS Delårsrapport 2. kvt. 2020

Selskabsmeddelelse nr. 19/2020 HURTIGERE LØFT I EFTERSPØRGSEL END FORVENTET• Stigning i fragtmængder mod slutningen af 2. kvt. og i juli• God efterspørgsel fra passagerer på genåbnede ruter• Ekstraordinær negativ resultatpåvirkning fra passagerer i 2. kvt.• Forventning forbedret: Et EBITDA på DKK 2,2-2,5 mia. forventes nu for 2020 (før: Sandsynlig reduktion ned mod DKK 2 mia.) 2. KVT. 2020• Omsætning 34% ned til DKK 2,8 mia.• EBITDA 49% ned til DKK 507 mio.• Passageraktiviteter årsag til hovedparten af resultatnedgang FORVENTNING 2020• EBITDA på DKK 2,2-2,5 mia. Før: Sandsynlig reduktion ned mod DKK 2 mia. (2019: DKK 3,6 mia.)• Investeringer på omkring DKK 1,6 mia., uændret ”Vores fremtidsudsigt er forbedret. Fragtmængderne er stigende, og efterspørgslen efter færgerejser giver grund til en vis optimisme på vores genåbnede passagerruter....

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TGS Announces New Onshore 3D Seismic Survey in the Powder River Basin

Oslo, Norway (12 August 2020) – TGS, a leading provider of multi-client geoscience data for exploration & production (E&P) companies, today announced Voyager 3D – a new multi-client U.S. onshore 3D seismic survey within the Powder River Basin.Voyager 3D, located in Johnson County, Wyoming, will encompass approximately 555 square kilometers. The high-resolution survey is ideally situated in the high potential trend to the north of the basin, where the prospective stratigraphic section of stacked reservoirs exceeds 5,000 feet in thickness.  Unconventional targets include two world-class source rocks, the Niobrara and Mowry, along with numerous historically productive formations including the upper and lower Cretaceous sandstones and the Pennsylvanian, that are now being exploited successfully with unconventional technologies.Permitting...

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SIILI SOLUTIONS OYJ: PUOLIVUOSIKATSAUS 1.1.–30.6.2020 (tilintarkastamaton)

SIILI SOLUTIONS OYJ: PUOLIVUOSIKATSAUS 1.1.–30.6.2020 (tilintarkastamaton)SIILIN KANNATTAVA KASVU JATKUI KORONASTA HUOLIMATTASiili Solutions Oyj, puolivuosikatsaus, 12.8.2020 kello 8.45TAMMI–KESÄKUU 2020:Liikevaihto oli 44 021 (40 695) tuhatta euroaLiikevaihdon kasvu oli 3 326 tuhatta euroa eli 8,2 %, joka oli kokonaisuudessaan orgaanista kasvuaKäyttökate (EBITDA) oli 4 422 (3 537) tuhatta euroa, kasvua +25,0 %Käyttökate-% (EBITDA) oli 10,0 (8,7) % liikevaihdostaOikaistu liikevoitto (EBITA) oli 3 218 (2 589) tuhatta euroaOikaistu liikevoitto (EBITA) oli 7,3 (6,4) % liikevaihdosta, kasvua 24,3 %Liikevoitto (EBIT) oli 2 506 (1 877) tuhatta euroa, kasvua +33,5 %Katsauskauden tulos oli 4 499 (1 332) tuhatta euroa, kasvua + 237,8 %Osakekohtainen tulos oli 0,64 (0,19) euroa, kasvua +237,8 %Liiketoiminnan rahavirta oli 4 458 (1 771) tuhatta...

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Six-month interim report (Q2) 2020

ALK upgrades earnings outlook (unaudited)ALK’s overall sales in the Q2 low-season were in line with expectations given the COVID-19 pandemic, with tablet sales up 25%. Sublingual, home-based treatments in Europe and International markets were resilient to the impact of the pandemic, whereas sales of SCIT products, and sales in the USA, were most affected. In Q2, ALK saw earnings increase by 213% on the back of savings and delayed R&D expenditure.Q2 2020 highlightsTotal revenue at DKK 772 million (785), showed zero growth in local currencies. Planned product discontinuations reduced growth by approximately 3 p.p. Currencies reduced reported growth by 1 p.p.Tablets saw growth of 25% to DKK 324 million (263), while combined SCIT and SLIT-drops sales were down 14% on the effects of COVID-19 and portfolio rationalisation.Operating profit...

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Six-month interim report (Q2) 2020

Bemærk venligst, at rapporten udelukkende findes på engelskALK upgrades earnings outlook (unaudited)ALK’s overall sales in the Q2 low-season were in line with expectations given the COVID-19 pandemic, with tablet sales up 25%. Sublingual, home-based treatments in Europe and International markets were resilient to the impact of the pandemic, whereas sales of SCIT products, and sales in the USA, were most affected. In Q2, ALK saw earnings increase by 213% on the back of savings and delayed R&D expenditure.Q2 2020 highlightsTotal revenue at DKK 772 million (785), showed zero growth in local currencies. Planned product discontinuations reduced growth by approximately 3 p.p. Currencies reduced reported growth by 1 p.p.Tablets saw growth of 25% to DKK 324 million (263), while combined SCIT and SLIT-drops sales were down 14% on the effects...

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TRAINERS’ HOUSE -KONSERNIN PUOLIVUOSIKATSAUS 1.1.–30.6.2020

TRAINERS’ HOUSE OYJ, PUOLIVUOSIKATSAUS 12.8.2020 klo 8:30liikevaihto 5,0 milj. euroa (6,2 milj. euroa), muutos -18,7 % edellisen vuoden vastaavaan kauteen verrattunaoperatiivinen liiketulos 0,6 milj. euroa (1,0 milj. euroa), 12,0 % liikevaihdosta (15,9 %)tehtyjen liikearvotestien perusteella lasketut käyttöarvot alittivat kirjanpitoarvon, mikä johti tavaramerkkien 5,1 milj. euron arvonalentumiskirjaukseen ja yrityskaupan laskennallisen verovelan 1,0 miljoonan euron pienenemiseen kesäkuussa 2020. Alaskirjaus aiheutuu vanhakantaisen valmennusliiketoiminnan heikentyneestä näkymästä ja diskonttokorkona käytetyn painotetun keskimääräisen pääomakustannuksen (WACC)noususta.liiketulos -4,5 milj. euroa (1,0 milj. euroa), -89,9 % liikevaihdosta (15,9 %)liiketoiminnan rahavirta 1,5 milj. euroa (1,3 milj. euroa)osakekohtainen tulos -0,16 euroa (0,05...

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