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Day: August 19, 2021

Talenom welcomes new franchise entrepreneurs in Kamppi, Helsinki

Talenom Plc, Press release 19 August 2021 at 10:30 EEST Talenom welcomes new franchise entrepreneurs in Kamppi, Helsinki Talenom Plc has concluded new franchise agreements and welcomes Olli Bogdanoff ja Milja Tarppinen as the company’s new franchise entrepreneurs in Kamppi, Helsinki starting 1 September 2021. The agreements bring Talenom’s total number of franchisees to 25. In the franchise model, independent franchisees offer the same accounting services to their customers locally as Talenom’s other offices and acquire new customers for Talenom. The bookkeeping activities are concentrated in Talenom’s highly automated units in Oulu and Tampere, which utilize scalable production processes. The franchising model allows for expanding the business efficiently also to smaller market areas in Finland. “It is great to see that our franchise...

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Vow ASA : Vow first half year 2021 : Invitation to online presentation and Q&A on 26 August 2021

Vow ASA will release its report for the first half year of 2021 on Thursday 26 August at around 08:00 Central European Summer Time (CEST). The update will be published on www.newsweb.no and on the company’s web site www.vowasa.com. At 09:00 CEST on the same day, the company’s CEO Henrik Badin will host an online presentation and answer questions from the audience in a following Q&A session. He will be joined by the newly appointed CEO of Vow Green Metals, Cecilie Jonassen. The session will be held in English. A replay of the presentation and Q&A will be made available on www.vowasa.com shortly after. To register and join, please copy and paste the following link into your browser and fill in the required information: https://www.vhgo.no/vow/firsthalf-2021/ You can also sign up via following the link in the news section at www.vowasa.com. Once...

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Valoe Has Transferred Treasury Shares to RiverFort as a Payment for an Implementation Fee

Valoe Corporation                Stock Exchange Release 19 August 2021 at 9.55 Finnish time On 12 August 2021, Valoe Corporation announced that under the financing arrangement between Valoe and RiverFort Global Opportunities Pcc Limited (“RiverFort”) Valoe pays an implementation fee for the first advance totaling EUR 180,000 in Valoe’s shares and transfers a total of 2,011,363 treasury shares to RiverFort. Accordingly, Valoe has transferred the above-mentioned 2,011,363 treasury shares to RiverFort on 18 August 2021. In Mikkeli, 19 August 2021 Valoe Corporation BOARD OF DIRECTORS For more information:CEO Iikka Savisalo, Valoe CorporationTel. +358 405216082email: iikka.savisalo@valoe.com Distribution:Nasdaq Helsinki OyMain mediawww.valoe.com Valoe Corporation specializes in the clean energy, especially in photovoltaic solutions. Valoe provides...

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Information on Financial statements for the six month period as at 30th of June of 2021

The first half of the year was successful for Medicinos Bankas: the profits grew by almost one third In the first six months of this year, Medicinos Bankas earned EUR 2 million in net profit, i.e. almost a third (31%) more than in January-June last year, when the bank’s net profit amounted to EUR 1.6 million. In the first half of the year, the reduced anxiety about the future helped maintain the growth: more active use of financial services by both business and private individuals was observed. “Despite the projected rise of the pandemic in autumn, we see a number of positive signs, which show that consumers are feeling rather optimistic. The economy withstood the shock of the pandemic and the financial activity of businesses and individuals is higher than last year. This is a result of both the reopening of activities after a strict...

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Alm. Brand A/S – Interim report Q2 2021

Announcement no. 19/2021 Interim report Q2 2021Alm. Brand generated a pre-tax profit of DKK 334 million in Q2 2021 excluding costs related to the acquisition of Codan against a profit on continuing activities of DKK 328 million in Q2 2020. Including these costs the pre-tax profit was DKK 244 million. The Q2 2021 profit reflected a highly satisfactory performance of Non-life Insurance and continued satisfactory earnings in Life Insurance as well as a positive investment result, albeit lower than last year. The level of business activity has picked up in the wake of the reopening of Danish society, combining with positive results from the collaboration with Sydbank and various campaign initiatives to create renewed premium income growth momentum. Alm. Brand still expects to generate a pre-tax profit of DKK 700-750 million in 2021 excluding...

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Financial results for H1 2021

Company announcement no. 19 Net profit of DKK 686 million and return on equity of 13.4% We’re very satisfied with our half-year profit of DKK 686 million and a return on equity of 13.4%, which also means the Bank’s equity exceeds DKK 10 billion for the first time in Spar Nord’s history. In terms of income, the first six months of the year were characterised by strong performance in our core business based on a high level of activity and business volume growth combined with a very strong performance in the financial markets. Our bottom-line performance was even more positive than our core earnings because, at the end of the period, we recorded loan impairment reversals that reconfirm the favourable developments in the credit quality of our retail and business customers despite continuing uncertainty attaching to COVID-19. Finally, in June...

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A strong first six months

 Sales rose by 16.3% to SEK 14,621 million (SEK 12,572 million)  Profit after net financial items rose by 64.0% to SEK 2,004 million (SEK 1,222 million)  Earnings per share amounted to SEK 0.76 (SEK 0.45)  Acquisition of English company Heat Trace Holdings“Demand was very strong in all three business areas in the first half of the year. Market segments with a clear sustainability profile, such as heat pumps, continued to perform well. It is also clear that changes in end consumer behaviour caused by the pandemic have had a positive impact on demand for products designed for home renovation and modernisation. An acute shortage of semiconductors worldwide also means a clear increase in levels of investment in semiconductor production, which benefits our element operations,” says Gerteric Lindquist, NIBE Group CEO.   “As the world economy...

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Vistin Pharma ASA: Second quarter and first half 2021 financial results

Oslo, Norway, 19th of August 2021 Vistin Pharma ASA (Vistin Pharma, OSE: VISTIN) today announces the financial results for the second quarter 2021 Revenue in second quarter ended at MNOK 66.8 compared to MNOK 73 in Q2 2020. Sales volume in the quarter was record high, however revenue negatively affected by a significantly stronger NOK vs EUR compared to last year. Second quarter EBITDA ended at MNOK 15.3 (Q2’20: MNOK 20.9) a 26% decrease compared to similar quarter last year. The lower EBITDA in Q2’21 was driven by a stronger NOK vs EUR, record high freight and electricity prices and increased raw material prices compared to similar quarter last year. The net profit for the group ended at MNOK 8.1 (Q2’20: MNOK 20.7) for the second quarter of 2021. Vistin Pharma had cash of MNOK 60 (Q2’20 MNOK: 109) as of 30 June 2021. Approx. 50% of the...

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Nykredit Bank A/S H1 Interim Report 2021

 To Nasdaq Copenhagen A/Sand the press19 August 2021Nykredit today announces its H1 Interim Reports 2021 of: Nykredit A/S, CVR no 12 71 92 48Nykredit Realkredit A/S, CVR no 12 71 92 80Nykredit Bank A/S, CVR no 10 51 96 08Totalkredit A/S, CVR no 21 83 22 78 Michael Rasmussen, Group Chief Executive, comments on the Financial Statements: – The H1 results presented today are highly satisfactory. Our business continues to show good momentum with business and customer growth in both Nykredit Bank and Totalkredit. The Group recorded growth in private residential mortgage lending of just over DKK 33 billion, and for the fifth consecutive quarter Totalkredit grew its lending in all 98 municipalities across the country. We are pleased to be able to show even more Danes the benefits of being a customer of a mutual financial provider,...

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Multitude SE publishes H1 2021 results

Multitude SE publishes H1 2021 results Helsinki, 19 August 2021 – Multitude SE (ISIN: FI4000106299, WKN: A1W9NS) (“Multitude” or the “Group”) announces unaudited results for the first six months ended 30 June 2021 (“H1 2021”). Financial HighlightsQ2 revenue exceeding Q1 revenue Strong EBIT-Margin despite higher marketing expensesH1 net financing costs decreased y-o-y by EUR 2.3 MioKey Figures, EUR million H1 2021 H1 2020Revenue 104.5 121.1Operating profit (EBIT) 13.1 10.0Profit before tax 4.0 -1.5Earnings per share, basic (EUR) 0.11 -0.11Earnings per share, diluted (EUR)       0.11 -0.11Continued portfolio growth in Multitude’s new core products SweepBank and CapitalBox in Q2 2021 Overall, in Q2 2021, the Group’s financial performance was a result of Multitude’s strategy, to continue driving the...

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