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Day: February 9, 2021

Mountain Bike Market expected to grow at approximately 10% CAGR | Market Research Future (MRFR)

Pune, Feb. 09, 2021 (GLOBE NEWSWIRE) — Increasing cross-country Championship Contests Drive the Mountain Bike Market GrowthThe mountain bike market outlook appears quite promising with the increasing cross-country competitions worldwide. Adventure tourism is the fastest-growing tourism industry worldwide, and several countries are focusing on new mountain bike strategies aiming for an economic boost. Countries with great potential for bike trails are especially hoping for ambitious new mountain biking strategies to lead to business opportunities for them.There’s a great potential in bringing the fast-growing sport – mountain biking, and there are significant investments poured into developing the required infrastructure to help make it happen. Therefore, the mountain bike market share is projected to escalate further during...

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Global Glaucoma Therapeutics Market Size Worth USD 11.05 Billion at 6.1% CAGR; Improved Distribution Network of Key Companies to Aid Growth: Fortune Business Insights™

Pune, India, Feb. 09, 2021 (GLOBE NEWSWIRE) — According to the report, Glaucoma Therapeutics market size is projected reach USD 7.34 billion by 2026. Global Glaucoma Therapeutics market was USD 6.59 billion in 2018 and is anticipated to exhibit a CAGR of 6.1% during the forecast period set between 2019 to 2026. North America held USD 2518.31 million in terms of revenue. The region is set to dominate the market stoked by the presence of an efficient treatment framework and a well-equipped hospital infrastructure.INDUSTRY DEVELOPMENTS:May 2020: AbbVie Inc. acquired Allergan plc to strengthen its leading position in the glaucoma market.October 2019: EyeTechCare started recruiting volunteers to participate in its new research activity. The organization is set to gather safety data on Ultrasound Cycle Plasty treatment (UCP) in primary...

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Admiral Markets AS: regarding the decision of Finantsinspektsioon

Admiral Markets AS has received a notification by Finantsinpektsioon on 08.02.2021, imposing a fine of 32,000 euros deriving from obligations of the Securities Market Act. Admiral Markets AS is in constant cooperation with Finantsinspektsioon and has always acted in the best interests of the client.In April 2020, for the first time, an event took place in the global financial markets, as a result of which the international financial platforms were not ready to reflect negative prices and calculate credit limits. Sergei Bogatenkov, CEO of Admiral Markets AS, confirmed that the company acted in the best interests of its customers and ensured that customers could continue to trade in global financial markets.“We have always been committed to ensuring that the interests of our customers around the world are protected. In this situation,...

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Admiral Markets AS: Finantsinspektsiooni otsusest Admiral Markets AS suhtes

Admiral Markets AS on saanud Eesti Finantsinspektsioonilt 08.02.2021 koostatud otsuse, millega on määratud väärtpaberituru seaduse nõuete rikkumise eest rahatrahv 32 000 eurot. Admiral Markets AS on pidevas koostöös Finantsinspektsiooniga ja on käitunud alati kliendi parimates huvides.Aprillis 2020 toimus maailma finantsturgudel esmakordselt sündmus, millest tulenevalt polnud rahvusvahelised finantsplatvormid valmis negatiivsete hindade kajastamiseks ja krediidilimiitide arvutamiseks. Admiral Markets AS tegevjuht Sergei Bogatenkov kinnitas, et ettevõte tegutses klientide parimates huvides ja kindlustas, et kliendid saaksid jätkuvalt globaalsetel finantsturgudel kaubelda.“Me oleme alati lähtunud sellest, et tagada oma klientide huvide kaitse üle maailma. Toimunud olukorras seisime selle eest, et vähendada klientide võimalikku mõju. Admiral...

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Organic Tea Market to Reach USD 1,918.7 Million by 2027; Rising Prevalence of Diabetes and Obesity to Accelerate Growth, Says Fortune Business Insights™

Pune, India, Feb. 09, 2021 (GLOBE NEWSWIRE) — The global organic tea market size is set to gain momentum from the rising popularity of retail organic food and beverages on account of their easy consumption and wide availability. This information is given by Fortune Business Insights™ in a new report, titled, “Organic Tea Market Size, Share & COVID-19 Impact Analysis, Type (Black Tea, Green Tea, and Others), Form (Tea Bags, Loose Leaves, Loose Powder, and Ready-to-drink), Distribution Channel (Supermarkets/Hypermarkets, Convenience Stores, Specialty Stores, and Online Retail), and Regional Forecast, 2020 – 2027.” The report further states that the market size was USD 820.8 million in 2019. It is projected to reach USD 1,918.7 million by 2027, exhibiting a CAGR of 11.2% during the forecast period.List of all the renowned organic...

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Orion Group Financial Statement Release for 2020

ORION CORPORATION            FINANCIAL STATEMENT RELEASE 2020          9 FEBRUARY 2021  at 12:00 Orion Group Financial Statement Release for 2020This is a summary or Orion’s Financial Statement Release for 2020. The complete report is attached to this stock exchange release and is available at https://www.orion.fi/en/Orion-group/investors/financial-reviews-and-presentations/Net sales totalled EUR 1,078 million (EUR 1,051 million in 2019).Operating profit was EUR 280 (253) million.Net sales and operating profit include milestone payments amounting to EUR 42 (51) million.Profit before taxes was EUR 278 (251) million.Equity ratio was 67% (77%).ROCE before taxes was 35% (30%).ROE after taxes was 29% (26%).Basic earnings per share were EUR 1.56 (1.43).Cash flow per share before financial items was EUR 1.85 (1.68).The Board of Directors proposes...

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Orion-konsernin tilinpäätöstiedote 2020

ORION OYJ                  TILINPÄÄTÖSTIEDOTE 2020                   9.2.2021  klo 12.00 Orion-konsernin tilinpäätöstiedote 2020Tämä on tiivistelmä Orionin tilinpäätöstiedotteesta 2020. Tilinpäätöstiedote kokonaisuudessaan on tämän pörssitiedotteen liitteenä sekä saatavilla osoitteessa https://www.orion.fi/konserni/sijoittajat/taloudelliset-katsaukset/Liikevaihto oli 1 078 miljoonaa euroa (1 051 miljoonaa euroa vuonna 2019).Liikevoitto oli 280 (253) miljoonaa euroa.Liikevaihto ja liikevoitto sisältävät yhteensä 42 (51) miljoonaa euroa etappimaksuja.Voitto ennen veroja oli 278 (251) miljoonaa euroa.Omavaraisuusaste oli 67 % (77 %).Sijoitetun pääoman tuotto ennen veroja oli 35 % (30 %).Oman pääoman tuotto verojen jälkeen oli 29 % (26 %).Laimentamaton osakekohtainen tulos oli 1,56 (1,43) euroaOsakekohtainen rahavirta ennen rahoituseriä oli...

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PGS ASA: Financing Transaction Becomes Effective

February 9, 2021: Oslo, Norway, PGS ASA (the “Company” or “PGS”) is pleased to announce that the amendments to its term loan B (“TLB”), revoloving credit facility (“RCF”) and export credit facility (“ECF”) (jointly the “Transaction”), as described in the Company’s announcement on October 21, 2020 and subsequent announcements, have now become effective pursuant to the UK Scheme of Arrangement proposed by the Company and approved by the High Court of Justice of England and Wales on February 2, 2021. All of the conditions precedent and implementation steps have been satisfied as of today, including the payment of fee related to the Transaction and the issuance of the convertible bond.Overview of the TransactionThe Transaction enabled PGS to extend its near-term maturity and amortization profile under its TLB, RCF and ECF facilities by approximately...

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Notice to the Annual General Meeting of Orion Corporation

ORION CORPORATION   STOCK EXCHANGE RELEASE / NOTICE TO ANNUAL GENERAL MEETING  9 FEBRUARY 2021 at 12:15 EETNotice to the Annual General Meeting of Orion CorporationNotice is given to the shareholders of Orion Corporation to the Annual General Meeting to be held on Thursday 25 March 2021 at 2:00 p.m. Finnish time at Hotel Kämp, at the address Pohjoisesplanadi 29, Helsinki.The Board of Directors of the Company has resolved on an exceptional meeting procedure based on the temporary legislation approved by the Finnish Parliament on 15 September 2020 (the “Temporary Act”). In order to limit the spread of the Covid-19 pandemic, the Annual General Meeting will be held without shareholders’ or their proxy representatives’ presence at the meeting venue. This is necessary in order to organize the Annual General Meeting in a predictable way while...

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Kutsu Orion Oyj:n varsinaiseen yhtiökokoukseen

ORION OYJ  PÖRSSITIEDOTE /YHTIÖKOKOUSKUTSU    9.2.2021   KLO 12.15Kutsu Orion Oyj:n varsinaiseen yhtiökokoukseenOrion Oyj:n osakkeenomistajat kutsutaan varsinaiseen yhtiökokoukseen, joka pidetään torstaina 25.3.2021 klo 14.00 Hotel Kämpissä, osoitteessa Pohjoisesplanadi 29, Helsinki.Yhtiön hallitus on päättänyt poikkeuksellisesta yhtiökokousmenettelystä eduskunnan 15.9.2020 hyväksymän väliaikaisen lain nojalla (”Väliaikaislaki”). Covid-19-pandemian leviämisen rajoittamiseksi varsinainen yhtiökokous järjestetään ilman osakkeenomistajien tai näiden asiamiesten läsnäoloa kokouspaikalla. Tämä on välttämätöntä, jotta yhtiökokous voidaan pitää ennakoitavalla tavalla huomioiden osakkeenomistajien, yhtiön henkilökunnan ja muiden sidosryhmien terveys ja turvallisuus.Osakkeenomistajat voivat itse tai asiamiehensä välityksellä osallistua kokoukseen...

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