Month: August 2021

The consolidated sales for July 2021 amounted to 11.88 million EUR – 11.9% increase comparing to July 2020. Of 11.88 million EUR, SIA “Baltic Dairy Board“ sales revenue amounted to 0,31 million Eur. The sales of the Group for period January – July 2021 amounted to 80.16 million EUR – 20.6% increase comparing to the same period last year. On 01/04/2021, AB Vilkyškių Pieninė, which belongs Vilvi Group, has completed the procurement of 70% of the qualifying holding of SIA Baltic Dairy Board.  SIA Baltic Dairy Board is a Latvian company, specialising in producing and selling high value-added dairy ingredients, and milk and whey separation. Vilija Milaseviciute Economics and finance directorPhone: +370 441 55 102

Sievi Capital Plc Press release, 10 August 2021 at 9.30 am EEST Invitation to Sievi Capital webcast for Half-Year 2021 Report Sievi Capital Plc will publish its Half-Year Report for January−June 2021 on Tuesday, 17 August at approximately 8 am EEST. The company will organise a webcast in Finnish for analysts, investors and the media on the same day at 10.00 am EEST.   In the webcast, Päivi Marttila, Sievi Capital’s CEO, will present the results and key events of the reporting period.   You can follow the live webcast at https://sievicapital.videosync.fi/2021-08-17-sievicapital-q2 Questions can be submitted on the webcast platform or by sending them in advance by email to info@sievicapital.fi by 9.00 am EEST on Tuesday, 17 August. A recording of the webcast and the presentation material will be available on Sievi Capital’s website later...

“In the second quarter of 2021, TORM achieved an EBITDA of USD 45m and a profit before tax of USD 2.4m, despite a market which is still impacted by the pandemic. In Q2 2021, we have seen an increase of USD 81m in vessel market values, corresponding to approximately 5%, supporting the expectation of a recovering product tanker market” says Executive Director Jacob Meldgaard.In the second quarter of 2021, TORM achieved TCE rates of USD/day 14,591 (2020, same period: USD/day 25,274) and an EBITDA of USD 44.7m (2020, same period: USD 119.0m). The profit before tax amounted to USD 2.4m (2020, same period a profit of USD 71.4m), and earnings per share (EPS) were USD 0.03 or DKK 0.19 (2020, same period: USD 0.96 or DKK 6.5). The result includes an unrealized gain from freight derivatives of USD 8.2m in the second quarter. Cash flow from operating...

EEZY PLC — STOCK EXCHANGE RELEASE — 10 AUGUST 2021 AT 8.02 Eezy Plc makes changes to its management team Isa Merikallio (born 1968) has been appointed a member of the management team. She has been working as content director at Eezy Plc since the 1 January 2021. Prior to Eezy Plc, Merikallio has worked as a management consultant and entrepreneur during 2002-2021 and during 1997-2002 as director and founding partner at NFO Infratest Oy. Merikallio will be responsible for developing content services together with business units, as well as marketing and communications. Hanna Lehto will continue as director and member of the management team, responsible for People and culture.Further information: Sami Asikainen, CEO sami.asikainen@eezy.fiTel. +358 (0)40 700 9915

NoHo Partners Plc HALF-YEAR REPORT 10 August 2021 at 8:15 a.m. NOHO PARTNERS PLC HALF-YEAR REPORT 1 JANUARY–30 JUNE 2021 Demand recovered quickly as restrictions were eased and operating cash flow turned positive NoHo Partners’ business was subject to strict restrictions in the second quarter of 2021. At the beginning of the quarter, restaurant operations in all the company’s operating countries were subject to closures. As the restrictions were eased in the run-up to summer, demand recovered quickly and operating cash flow turned positive by a clear margin in June. The improved efficiency of operations that has come about as a result from the COVID-19 pandemic, along with determined adaptation measures and permanent cost savings, were reflected in improved relative profitability. During the second quarter, the company’s net...

On 09.08.2021, the supervisory board of the fund adopted the resolution to not go ahead with the merger of EfTEN Real Estate Fund III AS and EfTEN Kinnisvarafond AS and gave the management board of the fund and the management company the instructions for terminating the preparation of the planned merger. Previously, the fund disclosed to the stock exchange the entry into a merger agreement between EfTEN Real Estate Fund III AS (the acquiring company) and EfTEN Kinnisvarafond AS (the company being acquired) on 15.01.2020. The objective of the merger was to merge EfTEN Kinnisvarafond AS with EfTEN Real Estate Fund III AS without initiating liquidation proceedings. Thereafter, on 26.03.2020, the fund announced the termination of the merger agreement due to the spread of COVID-19 and the declaration of an emergency situation. During the annual...

eQ Plc half year report10 August 2021 at 8:00 AM January to June 2021 in briefThe Group’s net revenue during the period was EUR 36.8 million (EUR 23.9 million from 1 Jan. to 30 June 2020). The Group’s net fee and commission income was EUR 33.2 million (EUR 24.3 million). The Group’s net investment income from own investment operations was EUR 3.6 million (EUR -0.4 million), including the return from private equity and real estate fund investments and liquid fixed income funds. The Group’s operating profit grew by 81% to EUR 21.1 million (EUR 11.7 million). The Group’s profit was EUR 16.9 million (EUR 9.4 million). The consolidated earnings per share were EUR 0.43 (EUR 0.24). The net revenue of the Asset Management segment increased by 36% to EUR 30.9 million (EUR 22.7 million) and the operating profit by 42% to EUR 18.5 million...

EEZY PLC — HALF-YEAR REPORT   — 10 AUGUST 2021 AT 8:00 Eezy Plc‘s Half-Year Report 1–6/2021: Clear return to growth April–June 2021Revenue was EUR 48.0 million (EUR 39.0 million in April–June 2020). EBITDA was EUR 5.0 million (1.8). EBIT was EUR 3.1 million (-0.5). Earnings per share was EUR 0.08 (-0.03). Revenue grew by 23 % despite the continuing corona pandemic. Business volume clearly increased toward the end of the quarter.January–June 2021Revenue was EUR 84.6 million (EUR 94.1 million in January–June 2020). EBITDA was EUR 7.7 million (4.6). EBIT was EUR 4.0 million (0.4). Earnings per share was EUR 0.09 (-0.02). Despite the difficult conditions, profit has significantly improved along the continued efficiency improvements.Outlook for 2021 Eezy expects revenue to be 190-210 million euro and EBIT to be 11-14...

Corbion reported net sales of € 515.6 million in the first half of 2021, driven by organic net sales growth of 15.5%. Adjusted EBITDA in the first half of 2021 increased organically by 4.7% to € 77.1 million. Olivier Rigaud, CEO, commented: “I’m very pleased with the record sales growth in all three business segments. In Sustainable Food Solutions we gained market share by maintaining uninterrupted operations and by successfully converting our commercial pipeline. In Lactic Acid & Specialties the continued growth in PLA has been driving sales. In Incubator, algae-based omega-3 is seeing increased market receptiveness. We are raising our organic sales growth outlook for 2021 to 12-15% for our core activities. Nevertheless, we are facing broad-based and rapid increases in our input costs. Prices for freight and raw materials have increased...

Key R&D Milestones AchievedPositive topline Phase 3 results for single-shot chikungunya vaccine candidate VLA1553Protective neutralizing antibodies induced in 98.5% of trial participantsRecruitment completed for Phase 2 trial VLA15-221 of Lyme disease vaccine candidate including pediatric age group Recruitment completed for pivotal Phase 3 trial of inactivated, adjuvanted COVID-19 vaccine candidate VLA2001Phase 3 topline data now expected early in fourth quarter 2021Strong financial position$107.6 million of gross proceeds raised in a US initial public offering and a concurrent private placement in Europe Cash and cash equivalents of €329.8 million at June 30, 20212021 financial guidance (excluding COVID) reconfirmedTotal revenues, excluding VLA2001, of €80 million to €105 million R&D expenses, excluding...