Month: August 2021

In July, AS LHV Group earned EUR 5.8 million in consolidated net profit. LHV Pank earned EUR 5.2 million in net profit, including EUR 1.1 million from serving clients associated with the United Kingdom branch, and EUR 0.3 million from LHV Varahaldus. LHV Kindlustus earned a net profit of EUR 62,000 in July. LHV Group will reveal the updated financial plan for the current year on 17 August. The Group’s consolidated volume of deposits grew in July by EUR 17 million, with its loan portfolio growing by EUR 47 million and the fund volume growing by EUR 23 million. In July, the bank’s clients in the form of financial intermediaries made a total of 1.8 million payments. The activity of the bank’s clients remained high in July. The bank added 4000 clients, with the number of clients who use settlements growing by 1800. The number of LHV Youth...

In the second quarter, the revenue, adjusted EBITDA and profit of AS Tallinna Sadam (hereafter: “the Group”) increased year on year. Revenue amounted to EUR 24 million in Q2, increasing by 8% year-on-year. The adjusted EBITDA of Q2 was EUR 11 million (+9%) and the profit was EUR 1.7 million instead of the EUR 0.8 million loss of the comparison period. In the first half of the year, revenue was EUR 49 million (-2%), adjusted EBITDA EUR 24 million (-9%) and profit EUR 9 million (-7%). The Group’s results were still strongly influenced by cross-border travel restrictions between countries put in place due to the COVID-19 pandemic, which had a particularly strong effect on the performance of the Passenger harbours segment. In the second quarter, we saw an improvement in the number of passengers, but the decline continued in 6 months, as there...

Hexagon Purus delivers strong year-over-year revenue growth and enjoys continued commercial success with key customers in the zero emission mobility space. Q2 2021 highlights:Revenue more than doubled year over year to NOK 94m Robust hydrogen distribution activity with Air Liquide global supply agreement as well as several purchase orders for cylinders and modules from industrial gas companies Signed agreements with Nikola Corporation for the development and supply of hydrogen cylinders and with Velocity Vehicle Group to supply integrated drivetrains and battery packs for medium duty commercial electric vehicles Established Hexagon Purus Maritime as a separate business area to accelerate development efforts in the maritime segment Preparing and executing on several expansion and investment initiativesIn the second quarter of 2021,...

Hexagon Purus delivers strong year-over-year revenue growth and enjoys continued commercial success with key customers in the zero emission mobility space. Q2 2021 highlights:Revenue more than doubled year over year to NOK 94m Robust hydrogen distribution activity with Air Liquide global supply agreement as well as several purchase orders for cylinders and modules from industrial gas companies Signed agreements with Nikola Corporation for the development and supply of hydrogen cylinders and with Velocity Vehicle Group to supply integrated drivetrains and battery packs for medium duty commercial electric vehicles Established Hexagon Purus Maritime as a separate business area to accelerate development efforts in the maritime segment Preparing and executing on several expansion and investment initiativesIn the second quarter of 2021,...

ST. PAUL, Minn., Aug. 09, 2021 (GLOBE NEWSWIRE) — Ecolab Inc. (“Ecolab”) (NYSE: ECL) today announced that it has commenced offers (the “Exchange Offers”) to certain eligible holders to exchange its outstanding notes of the four series described in the table below (collectively, the “Old Notes”) for up to $500 million aggregate principal amount (the “Exchange Cap”) of its newly issued 2.750% Notes due 2055 (the “New Notes”) and cash. The New Notes will be a further issuance of, and will be in addition to, the 2.750% notes due 2055 (the “Original 2055 Notes”) that Ecolab expects to issue for cash on August 18, 2021, in the aggregate principal amount of $300 million. The Exchange Offers will proceed on the terms and subject to the conditions set forth in a confidential offering memorandum dated August 9, 2021 (the “Confidential Offering...

TOKYO, Aug. 10, 2021 (GLOBE NEWSWIRE) — Internet Initiative Japan Inc. (“IIJ”, TSE1: 3774) today announced its consolidated financial results for the first three months for the fiscal year ending March 31, 2022 (“1Q21”, from April 1, 2021 to June 30, 2021) under International Financial Reporting Standards (IFRS)1 Highlights of Financial Results for 1Q21Total revenues JPY53.0 billion up 5.2 % YoY2Gross profit JPY11.4 billion up 40.8 % YoYOperating profit JPY4.4 billion up 113.0 % YoYProfit before tax JPY5.4 billion up 215.8 % YoYNet profit3 JPY3.5 billion up 214.1 % YoY Overview of 1Q21 Financial Results and Business Outlook “Under the increasing IT utilization by Japanese enterprises, we significantly expanded profit in the last fiscal year. This was realized by our continuous business investment on a...

Not for distribution to U.S. News wire services or dissemination in the U.S. VANCOUVER, British Columbia, Aug. 09, 2021 (GLOBE NEWSWIRE) — The Keg Royalties Income Fund (the “Fund”) (TSX: KEG.UN) is pleased to announce its financial results for the three months ended June 30, 2021 (the “quarter”) and for the six months ended June 30, 2021 (“YTD”). HIGHLIGHTSRoyalty Pool sales up 225.9% to $59.3M for the quarter and down 20.5% to $127.9M YTD KRL system sales up 216.0% to $59.3M for the quarter and down 21.5% to $127.9M YTD Distributable cash up 22.1% to 9.9 cents/Fund unit for the quarter and down 58.7% to 18.5 cents/Fund unit YTD Payout ratio was 105.6% for the quarter and 121.8% YTDRoyalty Pool Sales reported by the 106 Keg restaurants in the Royalty Pool were $59,298,000 for the quarter, an increase of $41,104,000 or 225.9%...