Day: August 17, 2021

17 August 2021Announcement no. 13 NKT A/S Q2 2021: Earnings increase driven by satisfactory growth in all businesses NKT CEO Alexander Kara confirms the preliminary Q2 2021 performance update provided on 16 July 2021:– We have had a strong 1st half 2021 and the improved financial performance was driven by broad-based growth in both NKT and NKT Photonics. It is satisfying to see that we continue to benefit from the green transformation and successful implementation of improvement initiatives. In the power cable business, we delivered a 1st half 2021 operational EBITDA higher than we expect for the 2nd half. This is mainly due to the anticipated mix of projects in the Solutions business line and to the completion of an exceptionally high amount of service repair work in the first part of the year. Financial highlights  NKT NKT PhotonicsEURm Q2...

Ambu’s revenue increased organically by 7% in Q3 and 16% for the year to date mainly driven by new product launches in Visualization and uptake in elective procedures in Europe and North America. Full-year outlook as of 1 July 2021 is maintained. “We continue our strong growth trajectory on the back of our innovation and commercial execution. I’m proud of how the organization is responding effectively to the continued COVID-19 market volatility and supply chain disruption. As we continue to roll out our pipeline, we will emerge as the leading single-use endoscopy player,” says Juan Jose Gonzalez, CEO of Ambu. Highlights for the quarterComparative figures for Q3 2019/20 are stated in brackets.Revenue for Q3 was DKK 973m (DKK 947m) based on organic growth of 7% (21%). Reported growth for the quarter was 3% (23%). Year to date, organic...

HighlightsStrong performance in Q2 2021 with 13% organic growth vs 2019 (+84% vs Q2 2020). On average, 15% of the physical stores were temporarily closed during Q2. Currently around 8% are temporarily closed. Growth is driven by the strategically important US market. Continued underlying strong performance is further accelerated by the stimulus packages. Sequential improvement vs 2019 in key European markets as COVID-19 restrictions eased. Performance in China remains weak – first steps to reposition the brand will be taken during H2 2021.   Online continued the strong performance in Q2 2021 with +132% organic growth vs. 2019. Pandora Brilliance test launch ongoing in UK and progressing well. Decision on potential global launch to be taken late 2021, creating a potential new product platform by democratising diamonds. Strong EBIT margin...

CALGARY, Alberta, Aug. 17, 2021 (GLOBE NEWSWIRE) — Distinction Energy Corp. (“Distinction” or the “Company”) announces that it has filed its second quarter financial statements and related management’s discussion and analysis for the three and six months ended June 30, 2021 with the Canadian securities regulatory authorities on SEDAR. About Distinction Energy Corp. Distinction is an oil and natural gas company based in Calgary, Alberta, focused on the exploration, development, and production of crude oil, natural gas and natural gas liquids produced primarily from the Montney and Duvernay formations. Distinction’s operations are concentrated in the Deep Basin of Northwest Alberta. Distinction is headquartered in Calgary, Alberta. FOR FURTHER INFORMATION PLEASE CONTACT: DISTINCTION ENERGY CORP.2300 – 333 – 7th Avenue S.W.Calgary,...

CHF 46.1 million (+26% year-on-year) non-deferred Cresemba and Zevtera revenue, including CHF 23.6 million royalty income (+27% year-on-year) reflecting continued commercial success of marketed brands Strong operational performance led to 18% improvement in net cash used in operating activities Operating result improved by 40% year-on-year, excluding the one-off profit from HQ property sale in H1 2020 and deferred revenue CHF 164.7 million cash and investments at half-year 2021 2021 full-year guidance increased; higher revenue expectations leading to better operating resultAd hoc announcement pursuant to Art. 53 LR Basel, Switzerland, August 17, 2021 Basilea Pharmaceutica Ltd. (SIX: BSLN) announced today its financial results for the first six months ended June 30, 2021. David Veitch, Chief Executive Officer, said: “The first half...

August 17, 2021 – Hamilton, Bermuda Flex LNG Ltd. (“Flex LNG” or the “Company”) today announced its unaudited financial results for the second quarter and six months ended June 30, 2021. Highlights:Revenues of $65.8 million for the second quarter 2021, compared to $81.3 million for the first quarter 2021. Net income of $12.7 million and earnings per share of $0.24 for the second quarter 2021, compared to net income of $47.2 million and earnings per share of $0.88 for the first quarter 2021. Average Time Charter Equivalent (“TCE”) rate of $57,780 per day for the second quarter 2021, compared to $75,399 per day for the first quarter 2021. Adjusted EBITDA of $46.8 million for the second quarter 2021, compared to $64.0 million for the first quarter 2021. Adjusted net income1 of $15.7 million for the second quarter...

Please find enclosed the presentation of Flex LNG Ltd.’s second quarter 2021 results which will be presented in a webcast and conference call at 3:00 p.m. CEST (9:00 a.m. EST).   In order to attend the webcast and/or conference call you may do one of the following: Attend by Webcast: Use to the follow link prior to the webcast: https://edge.media-server.com/mmc/p/avo2fcyt   Attend by Conference Call: Applicable dial-in telephone numbers are as follows: Norway: +47 210 33 922 United Kingdom: +44 (0) 203 0095 709 United Kingdom (local): 0844 493 6766 United States, New York: +1 646 787 1226 United States: +1 866 280 1157 Confirmation Code: 5555758 The presentation material which will be used in the teleconference/webcast can be downloaded on www.flexlng.com and replay details will also be available at this website.   For further information,...