Month: August 2021

HALF-YEAR FINANCIAL REPORT OF MARIMEKKO CORPORATION, 1 January – 30 June 2021: Marimekko’s net sales and result increased considerably in the second quarter

Written by Customer Service on August 19, 2021. Posted in Earnings Releases And Operating Results.

Marimekko Corporation, Half-year Financial Report, 19 August 2021 at 8.00 a.m. HALF-YEAR FINANCIAL REPORT OF MARIMEKKO CORPORATION, 1 January – 30 June 2021: Marimekko’s net sales and result increased considerably in the second quarter This release is a summary of Marimekko’s half-year financial report for the January-June period of 2021. The complete report is attached to this release as a pdf file and it is also available on the company’s website at company.marimekko.com under Releases & publications. The second quarter in briefMarimekko’s net sales grew by 40 percent to EUR 32.7 million (23.3). Nearly all of Marimekko’s own stores were open and footfall in the stores grew significantly from the comparison period, when the situation was highly exceptional and Marimekko’s own stores and many of the partner-owned stores were temporarily...

Taaleri Plc’s Half-Year Financial Report 1 January–30 June 2021: A strong growth of 27% in Taaleri’s continuing earnings in the second quarter – a record result of EUR 114.1 million due to the divestment of the wealth management operations

Written by Customer Service on August 19, 2021. Posted in Earnings Releases And Operating Results.

TAALERI PLC STOCK EXCHANGE RELEASE 19 AUGUST 2021 AT 8:00 (EEST) Taaleri Plc’s Half-Year Financial Report 1 January–30 June 2021: A strong growth of 27% in Taaleri’s continuing earnings in the second quarter – a record result of EUR 114.1 million due to the divestment of the wealth management operations On April 30, 2021, Taaleri completed the sale of its wealth management operations to Aktia and recognized a tax-free gain of EUR 111.1 million on the transaction. Taaleri applies the requirements of IFRS 5 Non-current Assets Held for Sale and Discontinued Operations in the classification, presentation, and recognition of sale of the wealth management operations. The development of the Group’s continuing operations is mainly described according to segment reporting, where the costs related to the sale of wealth...

Prosafe SE: Second quarter and first half report 2021

Written by Customer Service on August 19, 2021. Posted in Earnings Releases And Operating Results.

(Figures in brackets refer to the corresponding period of 2020) Reported EBITDA for the second quarter was USD 18.1 million (USD 10.1 million negative), reflecting a high activity level with a utilization rate of 65.8%. Liquidity reserve of USD 119.9 million at the end of the quarter. As per previous press releases, the Company received formal support from a clear majority of its lenders on the comprehensive and material restructuring of the financial indebtedness of the group (the “Transaction”). On completion of the Transaction, this will result in a significant de-leveraging of the balance sheet with debt reduction, corresponding reduction in annual debt service and a more robust financial situation. Post implementation, existing banks/creditors will own 99% of the equity and current shareholders and convertible bond holders will...

Interim Report Q2 2021: GN Store Nord delivers 49% organic revenue growth driven by strong growth in both GN Hearing and GN Audio

Written by Customer Service on August 19, 2021. Posted in Earnings Releases And Operating Results.

– – GN Store NordGN Store Nord delivered 49% organic revenue growth in Q2 2021 EBITA reached DKK 635 million corresponding to an EBITA margin of 16.8% compared to 0.9% in Q2 2020, reflecting strong execution across the company Free cash flow excl. M&A was DKK 510 million in Q2 2021, primarily reflecting the growth in earnings Leverage of 1.3x net interest-bearing debt to EBITDA, compared to 1.6x by the end of Q1 2021 GN to launch new innovative lifestyle product extending the Jabra Enhance line of hearing enhancement solutions The financial guidance is confirmed– – GN HearingGN Hearing delivered organic revenue growth of 95% in Q2 2021 in a market continuously impacted by the ongoing COVID-19 pandemic. The market recovery continues to vary significantly across regions and countries EBITA improved to DKK...

Green Hygienics Holdings Inc. (GRYN) Recruits Former Johnson & Johnson Head of Regulatory & Medical Affairs, Italy, as New Chief Scientific Officer

Written by Customer Service on August 19, 2021. Posted in Public Companies.

SAN DIEGO, Aug. 19, 2021 (GLOBE NEWSWIRE) — via InvestorWire — Green Hygienics Holdings Inc. (OTCQB: GRYN) (“Green Hygienics” or the “Company”) has appointed Dr. Francesca Serraino Fiory as the Company’s new Chief Scientific Officer. Dr. Serraino Fiory will oversee product development, accelerating the Company’s multibrand portfolio, and manage R&D efforts under the Company’s wholly owned biotechnology subsidiary, TruLife Biotech. She will also lead collaborative partnerships with research centers and academic institutions and drive sustainable growth by guiding the Company across the global regulatory landscape. After obtaining her master’s degree in Industrial Chemistry from the University of Rome, La Sapienza and a Ph.D. in Material Engineering from the University of Rome, Tor Vergata, Dr....

Lerøy Seafood Group ASA: Results for Q2 and first half 2021

Written by Customer Service on August 19, 2021. Posted in Earnings Releases And Operating Results.

SECOND QUARTER 2021 In Q2 2021, Lerøy Seafood Group (LSG) reported revenue of NOK 5,304 million, compared with NOK 4,712 million in the same period in 2020. Operating profit before fair value adjustment related to biological assets was NOK 583 million in Q2 2021, compared with NOK 303 million in Q2 2020. The gradual easing of restrictions linked to the COVID-19 pandemic in a number of key markets means stronger demand and higher prices realised. Higher prices realised, and improved productivity in the whitefish industry, are the key drivers of the improvement in earnings compared with the same period in 2020.“There has been a good development in demand for seafood in 2021. Demand in retail was strong in the first quarter. This continued in the second quarter, when we also saw demand gradually picking up in the hospitality and catering...

Virtual Reality (VR) Market to Reach USD 84.09 Billion by 2028; Acquisition of NextVR by Apple Inc. to Incite Business Development: Fortune Business Insights™

Written by Customer Service on August 19, 2021. Posted in Mergers And Acquisitions.

List of the Companies Profiled in the Market: Crytek GmbH (Frankfurt, Germany), Eon Reality Inc. (California, U.S.), HTC Corporation (Taoyuan City, Taiwan), Oculus Rift (Facebook Inc.) (California, U.S.), Pico Interactive Inc. (California, U.S.), Sensics, Inc. (Maryland, U.S.), Sixense Enterprises Inc. (California, U.S.), StarVR Corporation (Taipei, Taiwan), Ultraleap Ltd. (Bristol, England), Unity Technologies (California, U.S.), Survios, Inc. (California, U.S.) Pune, India, Aug. 19, 2021 (GLOBE NEWSWIRE) — The global virtual reality (VR) market size is expected to reach USD 84.09 billion by 2028, exhibiting a CAGR of 44.8% during the forecast period. The technological innovations in 5G technology and adoption of immersive technologies can have a tremendous impact on the market growth in the forthcoming years, states Fortune Business...

Bearing Market worth USD 227.87 Billion by 2028, registering a CAGR of 8.72% – Report by Market Research Future (MRFR)

Written by Customer Service on August 19, 2021. Posted in Mergers And Acquisitions.

New York, Aug. 19, 2021 (GLOBE NEWSWIRE) — Bearing Market Overview: According to a comprehensive research report by Market Research Future (MRFR), “Bearing Market Research Report, Product Type, Application and Region – Forecast till 2028” the market size is projected to be worth USD 227.87 Billion by 2028, registering a CAGR of 8.72% during the forecast period (2021 – 2028), The market was valued at USD 121.37 billion in 2020. Key Players Notable players operating in the global bearing industry profiled are-Svenska Kullagerfabriken AB (Sweden) NSK Ltd. (Japan) NTN Corporation (Japan) Schaeffler Group (Germany) Robert Bosch GmbH (Japan) The Timken Company (US) JTEKT Corporation (Japan) The Danaher Corporation (US) GKN plc. (UK) Minebea Mitsumi Inc. (Japan).Get Free Sample PDF Brochure https://www.marketresearchfuture.com/sample_request/2183...

Combined Company to Operate as Kiwetinohk Energy Corp.

Written by Customer Service on August 19, 2021. Posted in Mergers And Acquisitions.

CALGARY, Alberta, Aug. 19, 2021 (GLOBE NEWSWIRE) — As announced on June 28, 2021, the Boards of Directors and the largest shareholders of each of Kiwetinohk Resources Corp. (“Kiwetinohk“) and Distinction Energy Corp. (“Distinction“) have agreed to a combine the businesses of Kiwetinohk and Distinction under a plan of arrangement under applicable corporate law (the “Arrangement“). On July 23, 2021, the Court of Queen’s Bench of Alberta issued an interim order (the “Interim Order“) providing for the calling and holding of a special meeting of the holders of class A common shares in the capital of Distinction on August 30, 2021 and other procedural matters. In accordance with the Interim Order, Distinction wishes to advise its shareholders that Distinction and Kiwetinohk have agreed...

Virtual Fitting Room Market to Reach USD 12.97 Billion in 2028; Rising Usage by Levi’s, Burberry, Ralph Lauren, Gucci, and Louis Vuitton to Aid Growth: Fortune Business Insights™

Written by Customer Service on August 19, 2021. Posted in Mergers And Acquisitions.

Key companies covered in the Virtual Fitting Room Market Research report include AstraFit, Else Corp Srl, FXGear Inc., Fit Analytics (Snapchat), Fision AG, Magic Mirror LLC, MemoMi Labs Inc., Zugara Inc., NeXR Technologies SE, Sizebay, My Size Inc., SenseMi ViuBox, Shandong Yashe Information Technology Co., Ltd., Reactive Reality AG, True Fit Corporation. Pune, India, Aug. 19, 2021 (GLOBE NEWSWIRE) — The global virtual fitting room market is set to gain impetus from the increasing integration of the augmented reality (AR) technology by prominent apparel brands, such as Gucci, Louis Vuitton, Burberry, Ralph Lauren, Bloomingdales, and Levi’s for enhancing their virtual fitting solutions. Shopify, for instance, mentioned that the integration of AR is estimated to exhibit a conversion rate of 94%. This information is provided by Fortune...

Month: August 2021

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