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Day: October 27, 2021

Schneider Electric’s third-quarter sustainability progress focuses on urgent climate action and meeting 2021 full year commitments

SSI Q3 2021 Performance TableSSI Q3 2021 Performance TableSchneider Electric’s third-quarter sustainability progress focuses on urgent climate action and meeting 2021 full year commitments Rueil-Malmaison (France), October 27, 2021 ─ Schneider Electric, the leader in the digital transformation of energy management and automation, published today the detail of third-quarter progress on its 2021-2025 sustainability impact targets. Named as the world’s most sustainable corporation 2021 by the Corporate Knights Global 100 Index, Schneider Electric had announced the acceleration of its sustainability strategy in January 2021, aligned to ongoing commitments to climate, resources, trust, equal opportunities, generations, and local communities. Schneider Electric continues to engage in positive climate action with the broader...

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First Nine Months 2021 results: SCOR records a net income of EUR 339 million, demonstrating its shock-absorbing capacity, and launches a EUR 200 million share buy-back program

Press ReleaseOctober 27, 2021 – N° 26 First Nine Months 2021 results SCOR records a net income of EUR 339 million,demonstrating its shock–absorbing capacity,and launches a EUR 200 million share buy-back programGross written premiums of EUR 13,047 million in the first nine months of 2021, up 10.1%1 compared with Q3 2020 YTD Net income of EUR 339 million in the first nine months of 2021, up 151.1% compared with the first nine months of 2020 Annualized return on equity of 7.3% in the first nine months of 2021, 683 bps above the risk-free rate2 Estimated solvency ratio of 225%3 at end of September 2021, above the optimal solvency range of 185% – 220% as defined in the “Quantum Leap” strategic plan EUR 200 million share buy-back starting October 28, 2021, and finalized at the latest by March 2022: accretive deployment...

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Teck Reports Unaudited Third Quarter Results for 2021

High commodity prices and strong performance generate record $2.1 billion of Adjusted EBITDA¹ and record $1.0 billion of Adjusted Profit¹ VANCOUVER, British Columbia, Oct. 27, 2021 (GLOBE NEWSWIRE) — Teck Resources Limited (TSX: TECK.A and TECK.B, NYSE: TECK) (“Teck”) today announced its unaudited third quarter results for 2021.  “The extremely favourable commodity price environment – particularly for steelmaking coal – combined with solid operational performance resulted in record quarterly adjusted EBITDA and record adjusted profit in the third quarter,” said Don Lindsay, President and CEO. “Heading into the fourth quarter, we are focused on continuing to optimize sales and production to capitalize on high commodity prices and advancing our priority QB2 copper project.” HighlightsAdjusted EBITDA1 was a record $2.1 billion in...

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OP Financial Group’s, OP Corporate Bank plc’s and OP Mortgage Bank’s financial calendar for 2022

OP Corporate Bank plcOP CooperativeStock exchange release27 October 2021 at 8.30 EEST OP Financial Group’s, OP Corporate Bank plc’s and OP Mortgage Bank’s financial calendar for 2022 OP Financial Group, OP Corporate Bank plc and OP Mortgage Bank will publish their financial reports in 2022 as follows:Financial Statements Bulletin for 1 January‒31 December 2021 9 February 2022Financial Statements and Report by the Board of Directors 2021 Week 10, 2022OP Financial Group’s Capital Adequacy and Risk Management Report 2021 Week 10, 2022Interim Report for 1 January–31 March 2022 4 May 2022Half-year Financial Report for 1 January–30 June 2022 27 July 2022Interim Report for 1 January–30 September 2022 26 October 2022OP Financial Group’s and OP Corporate Bank plc’s financial statements bulletins, half-year financial...

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Sampo plc’s share buybacks 26/10/2021

SAMPO PLC                 STOCK EXCHANGE RELEASE         27/10/2021 at 08:30 am Sampo plc’s share buybacks 26/10/2021 On 26/10/2021 Sampo plc (business code 0142213-3, LEI 743700UF3RL386WIDA22) has acquired its own A shares (ISIN code FI0009003305) as follows:                Sampo plc’s share buybacks Aggregated daily volume (in number of shares) Daily weighted average price of the purchased shares* Market (MIC Code)  24,269 46.74 AQEU  25,577 46.84 CEUX  4,966 46.71 TQEX  73,379 46.84 XHELTOTAL 128,191 46.82  *rounded to two decimals                 On 1 October 2021, Sampo announced a share buyback programme of up to a maximum of EUR 750 million in compliance with the Market Abuse Regulation (EU) 596/2014 (MAR) and the Commission Delegated Regulation (EU) 2016/1052. The programme, which started on 4 October 2021,...

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Corbion Q3 2021 Interim Management Statement

Corbion reported net sales of € 797.6 million in the first nine months of 2021, driven by organic net sales growth of 15.7%. Adjusted EBITDA in the first nine months of 2021 decreased organically by 2.4% to € 113.5 million. “The third quarter showed a continuation of the strong sales growth in the previous quarters. Sustainable Food Solutions is showing organic growth due to our higher win-rates in Functional Systems, while in Preservation, our natural solutions continue to win share in the overall preservation market. The very positive development in the PLA JV has been a key driver in Lactic Acid & Specialties growth. In Incubator we see positive momentum as growth in Q3 continued at a brisk pace as algae-based omega-3 is seeing increased market receptiveness in the aquaculture market. As we indicated at the first half results,...

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Vow ASA : Vow Q3 : Robust and ready

Vow ASA reported stable revenues of NOK 97.8 million (NOK 299.4 year-to-date) in the third quarter, and an EBITDA margin of 8.3 per cent (9.5 per cent YTD). Restrictions relating to the Covid-19 pandemic were gradually lifted during the quarter and resulted in increased activity in the cruise industry and growth in the aftersales business. Vow has secured several milestone contracts in recent months, resulting in an all-time high current order backlog of NOK 2.1 billion including options. “At the same time, we have consistently built capacity. Since early 2020, we have increased our workforce with more than 30 per cent, invested time and resources to develop our business and strategic partnership, and increased our financial strength. Vow is robust and ready for the upturn,” said Henrik Badin, CEO of Vow ASA. The order backlog currently...

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Harju Elekter Group consolidated financial results, 1-9/2021

Harju Elekter’s last quarter showed a strong recovery in sales volumes and orders, but full operation was held back by the global shortage of raw materials. Uncertainty in the supply of raw materials that have become more expensive leads to the need for constant rescheduling, which is inefficient and costly. This has an impact on the Group’s financial results and profitability. Harju Elekter continues with investments to come out of the crisis stronger than when we entered it. In order to expand the business, Harju Elekter decided to invest in new factories in Sweden. The Group sees market potential in Sweden and investments help to increase the competitiveness of our Swedish company in different business areas. Harju Elekter is deeply engaged in becoming a major player in the Swedish electrification and automation market. Revenue, Expenses,...

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Worldline – 2021 Investor Day

2024 vision:A premium global Paytech companyat the heart of the European payment ecosystem 2022-2024 organic ambition:Revenue: 9% to 11% CAGR1OMDA: above 400bps improvement over the periodFCF: circa 50% OMDA conversion by 2024 Continued focus on consolidationand growth–enhancing acquisitions Bezons, October 27, 2021 – Worldline [Euronext: WLN], leader in the payments industry, holds today an Investor Day to present its 2024 vision and its financial ambition for the 2022-2024 period, reflecting the Group unrivaled position, value proposition, scale and reach across the full payment value chain which has been achieved thanks to the successful transformation journey since IPO. Gilles Grapinet, Worldline’s CEO, said: “I am very proud of the successful transformation of Worldline achieved over the last years, delivering our ambition set...

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