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Month: July 2021

Sydbank A/S to revise upwards its outlook for 2021

Company Announcement No 10/2021Peberlyk 46200 Aabenraa, Denmark Tel +45 70 10 78 79Fax +45 74 37 35 36 Sydbank A/SCVR No DK 12626509, Aabenraasydbank.dk9 July 2021  Dear Sirs Sydbank A/S to revise upwards its outlook for 2021 Profit after tax is now projected to be in the range of DKK 1,150-1,350m. The outlook is revised upwards to a profit after tax in the range of DKK 1,150-1,350m. In connection with the release of the 2020 Annual Report on 2 March 2021, we announced that we expected a profit after tax in the range of DKK 850-1,150m for 2021. Q2 2021 has been characterised by continued:High customer activity Tight cost control Positive trend in customers’ financial circumstances.As a consequence of customers’ improved financial circumstances, a net reversal of impairment charges of DKK 125m was recorded in Q2 2021. Impairment...

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Construction contract (Kastanikodu housing estate)

Nordecon Betoon OÜ (brand name NOBE), a Nordecon Group company entered into a contract with OÜ Kastanikodud for the construction of apartment houses located Kastani road 2 // 4 // 6 // 8 // 10 // Lepa road 3 // 5, Loo small town, Jõelähtme rural municipality. During the first stage, two apartment houses with total of 80 apartments will be built. The works will commence in September 2021. The value of the contract is close to 5.5 million euros plus value added tax and the works will be completed in autumn 2022. Nordecon (www.nordecon.com) is a group of construction companies whose core business is construction project management and general contracting in the buildings and infrastructures segment. Geographically the Group operates in Estonia, Sweden, Finland and Ukraine. The parent of the Group is Nordecon AS, a company registered and located...

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Microsoft awards Innofactor as ISV Partner of the Year 2021

Innofactor Plc Press release, on July 9, 2021, at 9:00 Finnish time Microsoft has awarded Innofactor as ISV Partner of the Year 2021 in Finland. The endorsement is a demonstration of Innofactor’s long-term software development and comprehensive work to promote the digitalization of Finnish organizations. In particular, the ISV (independent software vendor) award focused on Innofactor Dynasty. Innofactor Dynasty is a versatile information and case management software suite that is deeply integrated with Microsoft technologies and makes daily work and decision making easier and more efficient, particularly for public sector organizations. Innofactor Dynasty provides comprehensive development opportunities for new product modules and Microsoft innovations. “I would like to thank Microsoft for the excellent co-operation over the decades. Being...

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AS Tallinna Sadam operational volumes for 2021 Q2

In 2021 Q2, 5.9 million tonnes of cargo and 596 thousand passengers passed through the harbours of Tallinna Sadam. Compared to the same period of previous year, the cargo volume increased by 9% and the number of passengers by 12%. The number of vessel calls grew by 14% to 1836 calls. The number of passengers travelling between the Estonian mainland and the main islands increased by 55% and the number of vehicles by 51%; and the number of charter days of the icebreaker Botnica stayed at the same level as in the previous, utility rate of the vessel was 26%. According to Marko Raid, CFO and the member of the management board of Tallinna Sadam, the total cargo volume showed strong growth again, which was mainly supported by dry bulk and ro-ro cargo. “The growth of dry bulk was mainly brought about by the handling of fertilizers and grain....

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PGS ASA: Q2 2021 Update

July 9, 2021: Oslo, Norway, based on a preliminary review, PGS expects to report Revenues and Other Income As Reported* according to IFRS for Q2 2021 of approximately $186 million, compared to $90.3 million in Q2 2020. Segment* Revenues and Other Income for Q2 2021 are expected to be approximately $152 million, compared to $138.7 million in Q2 2020. Contract revenues ended at approximately $51 million ($31.3 million in Q2 2020). Segment MultiClient pre-funding revenues were approximately $29 million ($66.2 million in Q2 2020), and MultiClient late sales revenues approximately $66 million ($35.5 million in Q2 2020). The difference between As Reported revenues and Segment revenues relates to MultiClient pre-funding where the As Reported MultiClient pre-funding revenues for Q2 are expected to be approximately $63 million ($17.8 million in...

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Sinch AB (publ): Invitation to conference call and web presentation of Sinch Q2 2021 interim report

Stockholm, Sweden – Sinch AB (publ) – XSTO: SINCH Sinch AB will publish its interim report for the second quarter 2021 on Friday, July 16, 2021, at 07:30 CEST. You are invited to participate in a conference call at 14:00 CEST on the same day. Oscar Werner, CEO, and Roshan Saldanha, CFO, will present the report and review the results. Time for publication of the interim report Friday July 16, 2021, at 07:30 CEST Time for conference call and web presentation Friday July 16, 2021, at 14:00 CEST Dial-in numbers and access code Please make sure that you are connected to the conference by calling in to register a few minutes before the call begins. Sweden:               +46 (0) 8 566 42 651 UK:                        +44 333 30 00 804 US:                        +1 631 913 1422 Access code:       965 268 01# Web presentation and slide deck The...

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CGG: CGG Provides Q2 & Full Year 2021 Financial Update

CGG Provides Q2 & Full Year 2021 Financial Update Paris, France – July 9, 2021 Second quarter 2021 segment revenue update CGG anticipates Q2 2021 segment revenue at around $158 million.Geoscience segment revenue is expected to be around $73 million, Multi-Client segment sales are expected to be around $37 million, as sales slipped into H2 2021 despite commercial interest from the clients, Equipment segment sales are expected to be around $48 million.Group segment backlog Group segment backlog as of July 1, 2021 stands at $360 million up 4% compared to $348 million last year. Full year 2021 revised financial objectives In the context of strong oil price but delays in spending by our clients, CGG is expecting in 2021 a gradual recovery in Geoscience activity quarter after quarter, around 25% growth in Equipment sales year-on-year,...

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Tryg A/S – Interim report Q2 and H1 2021

Tryg’s Supervisory Board has today approved the interim report for Q2 and H1 2021. Premium growth of 4.7% in Q2, primarily driven by positive developments in the Private and Commercial segments. Technical result of DKK 1,144m (DKK 1,063m), supported by the continued positive developments in the core business and delivery of the Alka synergies. The underlying claims ratio improved by 0.8% for the Group, while it was flat for the Private segment, both figures exclude the impact of COVID-19. Tryg’s stand-alone investment result for Q2 was DKK 253m (DKK 541m), driven primarily by positive financial markets providing support to especially Tryg’s equity, property and credit portfolios. As disclosed on 5 July, Tryg has increased its stand-alone technical result guidance from DKK 3.3-3.7bn to 3.5-3.8bn following a positive H1 financial...

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WHO guidelines now include Roche’s diagnostic tests in expanded effort to eliminate tuberculosis by providing patients greater access to timely diagnosis

Tuberculosis is a disease of poverty, and economic distress with 1.4 million deaths annually1 and the growing challenge of drug resistance is adding to the global health crisis WHO guidelines support the expansion of tuberculosis diagnostics in resource-limited countries, enabling patients to receive timely diagnosis leading to proper treatment, which benefits their recovery and slows the transmission of disease Roche’s Global Access Program aids clinicians in improving disease and patient management through increased access to innovative diagnostic solutions, allowing more patients to get test results promptlyBasel, 09 July 2021 – Roche (SIX: RO, ROG; OTCQX: RHHBY) today announced that the cobas® MTB and cobas® MTB-RIF/INH tests for use on the cobas® 6800/8800 Systems are included as part of the updated World Health Organization...

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Beter Bed Holding successfully completes divestment of Swedish activities

Beter Bed Holding N.V. (BBH) – the Netherlands’ leading sleep specialist in retail, wholesale and B2B – announced today that it has successfully completed the sale of its Swedish business Sängjätten to Sengespecialisten, a Danish subsidiary of the Lars Larsen Group. The business will be operated through a Swedish entity. The completed divestment is an important step in the implementation of the new strategic direction for focused and accelerated growth. Following the agreement reached on 28 May 2021, Lars Larsen Group has concluded its due diligence and all approvals have been obtained. The transaction is completed with economic effect per 30 June 2021. It has been agreed between parties that no financial details will be published. John Kruijssen, CEO of BBH: “We are pleased that our Swedish operation continues their journey as part of...

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