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Month: August 2021

Fleet Management Software Market to Reach USD 59.08 Billion by 2028; Amalgamation of Advanced Technologies with Software to Aid Growth: Fortune Business Insights™

Leading Companies in Fleet Management Software Market are Verizon Connect, Geotab Inc., Trimble Inc., GPS Insight, Omnitracs, LLC, MiXTelematics International Ltd, Fleet Complete, NexTraq, LLC, GPSTrackit, Inseego Corp., Automotive Rentals Inc., Cisco Systems Inc., AT&T Inc., Ctrack, IBM Corporation, Tomtom NV Pune, India, Aug. 26, 2021 (GLOBE NEWSWIRE) — The global fleet management software market size was USD 16.89 billion in 2020. The market is projected to grow from USD 19.58 billion in 2021 to USD 59.08 billion in 2028 at a CAGR of 17.1% in the 2021-2028 period. This crucial information is published by Fortune Business Insights™ in its report titled, “Fleet Management Software Market, 2021-2028.” As per our research team, fleet management software provides properties such as real-time tracking, repairs, intelligent transportation,...

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Kvika banki hf.: Financial Results for the First Half of 2021 and a new Earnings Estimate

At a Board meeting on 26 August 2021, the Board of Directors and the CEO approved the interim results of the Kvika banki hf. group for the period 1 January 2021 to 30 June 2021. Highlights of H1 2021 Interim Financial StatementsPre-tax profit amounted to ISK 4,626 million (ISK 6,144 million including the profit of TM hf. and Lykill fjármögnun hf. in Q1) Pre-tax return on weighted tangible equity was 36.4% Earnings per share for the period were ISK 1.48 Total assets were ISK 245 billion The group’s equity amounted to ISK 74 billion The solvency ratio of the financial conglomerate was 1.48 and its capital adequacy ratio (CAR) was 30.8% at the end of the period Overall group liquidity coverage ratio (LCR) was 204% Total assets under management were ISK 509 billion At the end of June, full-time employees numbered 322A presentation meeting...

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NIBE acquires English Go Geothermal

NIBE Industrier AB has signed an agreement to acquire 50% of the shares in English company Go Geothermal Ltd and the remaining shares within a five-year period. Go Geothermal Ltd was founded in 2006 and is headquartered in Newton Aycliffe in northern England.  The company is a significant distributor of heat pumps and installation equipment for those in the United Kingdom.  Sales in 2020 amounted to about GBP 8.3 million (approximately SEK 100m) with an operating margin well above 10%. Go Geothermal has 13 employees.  “This acquisition will further strengthen our position in the rapidly growing British market for heat pumps, also with our CTC brand,” says Gerteric Lindquist, CEO of NIBE Industrier AB. “Go Geothermal´s management, who will continue as co-owners, have the knowledge and industry awareness that is needed to strengthen...

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Auction of Treasury Bills on 30 August 2021

The treasury bills for sale have the following stock exchange codes:        Name Stock exchange code MaturityDGTB 01/12/2021 21 / IV 98-18346 1 December 2021DGTB 01/03/2022 22 / I 98-18429 1 March 2022DGTB 01/06/2022 22 / II 98-18502 1 June 2022DGTB 01/09/2022 22 / III 98-18692 1 September 2022The sale will settle on 1 September 2021 at the stop-rate for each serie. In case of bid on stop-rate a pro-rata ratio may occur. The deadline for bidding is 10.15 on the day of the auction.

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Share Buyback Transaction Details August 19 – August 25, 2021

Share Buyback Transaction Details August 19 – August 25, 2021 August 26, 2021 – Wolters Kluwer today reports that it has repurchased 56,481 of its own ordinary shares in the period from August 19, 2021, up to and including August 25, 2021, for €5.5 million and at an average share price of €96.50. These repurchases are part of the share buyback program announced on February 24, 2021, under which we intend to repurchase shares for up to €350 million during 2021. The cumulative amounts repurchased to date under this program are as follows: Share Buyback 2021Period Cumulative shares repurchased in period Total consideration(€ million) Average share price(€)2021 to date 3,285,125 245.1 74.60For the period starting August 5, 2021, up to and including November 1, 2021, we have engaged a...

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Philips spotlights smart diagnostic and treatment solutions driving clinical confidence and workflow efficiency at ESC 2021

Philips EPIQ CVx in usePhilips Collaboration LivePhilips Azurion in usePhilips IntelliSpace CardiovascularPhilips Hemodynamic with IntelliVue X3August 26, 2021 Company’s innovative, integrated imaging systems, devices, software, informatics and services support greater efficiency, enabling high-quality care for a growing volume of complex cardiac patients Early detection, accurate diagnosis, precise treatment and easy follow-up are enabled by data-driven, streamlined workflowsAmsterdam, the Netherlands – Royal Philips (NYSE: PHG, AEX: PHIA), a global leader in health technology, today announced the launch of its digital experience during the virtual European Society of Cardiology (ESC) 2021 Congress, taking place August 27-30, during which it will...

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Green Impact Ventures A/S – postponement of the half-year report

Company announcement nr. 78 Vejle, August 26th, 2021 Due to the long-term trading suspension of Green Impact Ventures A/S´s, cf. company announcement no. 76, which has significantly damaged the company’s opportunities for normal operations, the publication of the half-year report is postponed.About Green Impact Ventures A/S Green Impact Ventures A/S is a Greentech company, which develops innovative water technology. Green Impact Ventures A/S is a major shareholder in the technology company Waturu ApS (water heaters), the company Watgen Medical A/S (medico) and in the company Aquaturu A/S (Aquaculture). Further information:CEO Toke Reedtz, cell.: +45 5188 1262, e-mail: toke@waturu.com Green Impact Ventures A/S Sjællandsgade 32 7100 Vejle Certified Adviser CDI GLOBAL ApS Per Vestergaard Direktør/CEO Vestre Havnepromenade 5, 5. sal...

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AiAdvertising Names New Chief Product & Marketing Officer

Kevin Myers brings a wealth of product development plus brand CMO experience to bolster the Company’s SWARM AI Platform SAN ANTONIO, Aug. 26, 2021 (GLOBE NEWSWIRE) — AiAdvertising, Inc. (AIAD), a technology driven provider of digital advertising solutions, today announced that Kevin Myers will be appointed Chief Product & Marketing Officer and will lead the Company’s future development of SWARM. In addition to his appointment as CPMO, Mr. Myers will continue to serve as a member of the Company’s Board of Directors. Mr. Myers extensive background includes notable positions at companies such as Cold Stone Creamery, Donatos Pizzeria, Sage Software (Act! & SalesLogix CRM), IBM Sterling Solutions, Baxter Healthcare (Cardinal) and Frito-Lay North America. “I don’t think there is a better time or place for me to step in...

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SSG publishes Q3 FY20/21 report and provides financial guidance for FY20/21

SSG publishes Q3 FY20/21 report and provides financial guidance for FY20/21 SSG delivered good performance in Q3 with revenue up to DKK 225.6m vs. DKK 200.0m last year and EBITDA (before IFRS 16 reclassification) at DKK 14.7m vs. DKK 10.3m last year. Key drivers are generally higher volume, good operational performance, and strong performance in adjacent services. Key financialsDKK’000 Q3 ‘20/21 YTD ‘20/21 LTM Q3 ‘20/21Revenue 225.6 669.8 882.3EBITDA 26.5 76.1 103.0EBITDA, % 12% 11% 12%Operating profit, EBIT 1.5 1.7 0.9EBIT, % 1% 0% 0%Operating cash flow 47.1 62.8 54.9Net debt 488.1 488.1 488.1– of which lease liabilities 138.6 138.6 138.6Leverage 4.7x 4.7x 4.7xNote: IFRS financials      Financial guidance SSG has been operating at full capacity with a strong order book following an uplift...

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Supported by nCino, kompasbank Launches as a New Business Bank

Danish financial services market entrant utilising the cloud-based nCino Bank Operating System® to accelerate SME growth LONDON and COPENHAGEN, Denmark, Aug. 26, 2021 (GLOBE NEWSWIRE) — nCino, Inc. (NASDAQ: NCNO), a pioneer in cloud banking and digital transformation solutions for the global financial services industry, today announced that Denmark’s newest business bank, kompasbank, is operating on the nCino Bank Operating System. A data-driven bank with a mission to help fuel the growth of small and medium-sized enterprises (SMEs), the Danish financial institution launched with a cloud-only architecture, providing it with key efficiencies, flexibility and scalability as it works to deliver effortless experiences to clients. “The nCino platform gives us a unified platform to manage our business clients. We chose nCino because...

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