Month: May 2021

P R E S S  R E L E A S E Stockholm, May 19, 2021 Operating profit (EBITA) 40% higher than in 2019 January 1 – March 31, 2021Net sales amounted to MSEK 388 (372). Adjusted for changes in foreign exchange rates, sales increased 17 percent. Operating profit (EBITA) increased by 244 percent to MSEK 42 (12). The operating margin (EBITA margin) was 10.7 (3.2) percent. Profit after tax increased by 605 percent to MSEK 21 (3). Earnings per share increased by 605 percent to SEK 1.08 (0.15). Our comparison year is 2019, since 2020 was an extraordinary year. During the first quarter of the year, net sales adjusted for changes in foreign exchange rates, increased by 12 percent, operating profit (EBITA) increased by 40 percent and profit before tax increased 31 percent compared with the first quarter of 2019.CEO comment “We are delivering our best...

INVL Technology (hereinafter – “the Company”) informs that on 18 May 2021 applied to the Financial Market Supervisory Authority of the Bank of Lithuania (hereinafter – “the Supervisory Authority”) to suspend the consideration of the Company’s application for permission to change the Company’s depository until provisions of the Company’s agreement with the new depository is clarified. On 29 April 2021, the Company’s General Meeting of Shareholders adopted a decision to change the Company’s depository service provider from AB SEB bankas to AB Šiaulių bankas. On the same day, the Company applied to the Supervisory Authority for permission to change the Company’s depository service provider to implement this decision. However, after receiving information from AB Šiaulių bankas and the Supervisory Authority about the...

Solutions 30 SE has taken note of the press release issued by the AMF and has decided to bring forward its communication, initially scheduled for 25th May, to 21st May.About Solutions 30 SE The Solutions 30 group is the European leader in solutions for new technologies. Its mission is to make the technological developments that are transforming our daily lives accessible to everyone, individuals and businesses alike. Yesterday, it was computers and the Internet. Today, it’s digital technology. Tomorrow, it will be technologies that make the world even more interconnected in real time. With more than 30 million call-outs carried out since it was founded and a network of more than 15,700 local technicians, Solutions 30 currently covers all of France, Italy, Germany, the Netherlands, Belgium, Luxembourg, the Iberian Peninsula, the United...

Anoto Group AB (“Anoto” or the “Company”) today announces that its education subsidiary Knowledge AI Inc (“Knowledge AI”) has entered into a distribution agreement for its KAIT software platform with El Ajou Group Trading Company (“El Ajou Group”) in Saudi Arabia. El Ajou Group will be responsible for the distribution of KAIT software in Saudi Arabia and have agreed to a minimum sales target of USD 6 million over the next two years. “El Ajou Group Trading Company was established in 1958, as the trading arm of the prestigious Abdul Ghani El-Ajou & Sons Holding Trading Co., Ltd. It is among the top 100 companies in the Saudi market, which is the largest market in the Middle East. Therefore, we are very pleased to enter into a non-exclusive distribution agreement with one of the strongest players in the market. It is important to note...

Company Announcement 19 May 2021Announcement No. 8 NKT A/S Q1 2021: Improved financial results driven by increased activity across the businesses NKT CEO Alexander Kara says:– We had a satisfactory start to 2021. We saw increased activity across all business lines in NKT and NKT Photonics, and our target to improve profitability showed in the financial results. The market outlook for the NKT Group’s businesses is driven by several megatrends with the global green transformation being among the most prominent. Our revenue growth in Q1 2021 was a testimony to the potential driven by these megatrends. Financial highlights  NKT NKT PhotonicsEURm Q1 2021 Q1 2021Revenue 296.0* 15.7Organic growth 21% 26%Operational EBITDA 30.2 -1.2Operational EBITDA margin 10.2%* -7.6%* Std. metal prices 2021 financial outlookIn NKT,...

TomTom Leads Automotive Charge Towards Electric Future with Enhanced EV Technology SuiteTomTom Leads Automotive Charge Towards Electric Future with Enhanced EV Technology SuiteAMSTERDAM, May 19, 2021 (GLOBE NEWSWIRE) — Location technology specialist, TomTom (TOM2), today announced an agreement with Eco-Movement, a leading platform for electric vehicle (EV) charge point data in Europe. TomTom’s EV suite and TomTom’s Maps APIs are now enhanced with Eco-Movement’s high-quality real-time charging information, providing drivers and EV fleet managers with accurate EV point of interest (POI) information faster than ever before. Drivers of vehicles equipped with TomTom’s EV charging points service will enjoy numerous benefits, including detailed user-friendly addresses; helpful information on opening times and accessibility;...

TomTom Leads Automotive Charge Towards Electric Future with Enhanced EV Technology SuiteTomTom Leads Automotive Charge Towards Electric Future with Enhanced EV Technology SuiteTomTom unveils new super-accurate EV range prediction for in-dash navigation TomTom EV suite now includes extensive EV routing and range features, an industry-leading number of EV charging points, and battery pre-conditioning support for optimized charging First EVs equipped with latest technology suite to hit the road around the globe this yearAMSTERDAM, May 19, 2021 (GLOBE NEWSWIRE) — TomTom (TOM2) today reinforced its commitment to a cleaner world by driving the EV revolution forward together with partners and innovative technology. TomTom has unveiled a roster of enhancements to its electric vehicle (EV) suite including upgraded range...

TomTom Reduces EV Drivers’ Range and Charging Anxiety with New Hubject DealTomTom Reduces EV Drivers’ Range and Charging Anxiety with New Hubject DealWith new agreement TomTom has the most charging points of any mapmaker: almost 450,000 175,000 charging points on TomTom’s maps deliver availability information Richer EV infrastructure information further enhances TomTom’s navigation and routing for EV drivers Developers can create solutions for EV fleets with these EV POIs through TomTom’s Maps APIsAMSTERDAM, The Netherlands, May 19, 2021 (GLOBE NEWSWIRE) — TomTom (TOM2), the location technology specialist, today announced an extension to its relationship with Hubject, an e-mobility digital specialist. Hubject has established the world’s largest cross-provider platform for electric vehicle charging. TomTom’s...

Targeting infections caused by drug-resistant Gram-negative bacteriaBasel, Switzerland, May 19, 2021 Basilea Pharmaceutica Ltd. (SIX: BSLN) announced today that it has been awarded a grant of up to USD 2.7 million from CARB-X (Combating Antibiotic-Resistant Bacteria Biopharmaceutical Accelerator), a global partnership dedicated to supporting the early development of antibacterial products to diagnose, prevent and treat drug-resistant infections. The funding will support an ongoing Basilea research program to develop an antibiotic from a novel class for the treatment of serious infections caused by drug-resistant Gram-negative bacteria. The program aims to develop selective small-molecule inhibitors of DXR, an enzyme in the bacterial isoprenoid biosynthesis pathway. This enzyme is essential for the survival of many Gram-negative bacteria,...