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Year: 2021

Invitation to Aspo’s Capital Markets Day on December 1, 2021

Aspo PlcPress ReleaseNovember 22, 2021, at 9.45 a.m. Invitation to Aspo’s Capital Markets Day on December 1, 2021 Aspo invites investors, analysts, and media representatives to attend its Capital Markets Day (CMD) which will be held as previously announced on December 1, 2021. The event starts at 1 p.m. and ends no later than 3.30 p.m. During the event, the Group’s strategy and the current state and outlook of the businesses will all be discussed in detail. Presentations are given by the Group CEO Rolf Jansson and the Managing Directors of Aspo’s businesses Matti-Mikael Koskinen, Mikko Pasanen and Heli Arantola. The presentations are given in Finnish and the materials are in English. The event can be followed by a live webcast at: https://aspo.videosync.fi/cmd-2021. Institutional investors, analysts and media representatives are also welcomed...

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VINCI Construction signs an agreement to acquire a group of public works contractors in Canada from Northern Group of Companies

Rueil Malmaison, 22 October 2021 VINCI Construction signs an agreement to acquirea group of public works contractors in Canada from Northern Group of CompaniesC$93 million (€65 million) in revenue Strengthens VINCI Construction’s position in roadworks in CanadaVINCI Construction has signed an agreement to acquire the construction companies of the family-run Northern Group of Companies. These compagnies operate in roadworks, asphalt mixes and aggregates production in the provinces of New Brunswick and Nova Scotia, on Canada’s eastern coast. They have around 500 employees at peak season and generated C$93 million (€65 million) in consolidated revenue in 2020. This acquisition, which is still subject to approval by the Canadian competition authorities, expends the footprint of VINCI Construction’s operation in Canada...

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Niu Technologies Announces Third Quarter 2021 Financial Results

— Third Quarter Total Volume of e-scooter sales up 58.3% year over year — Third Quarter Revenues of RMB 1,226.4 million, up 37.1% year over year — Third Quarter Net Income of RMB 91.7 million, compared with RMB 80.0 million in the same period of last year BEIJING, Nov. 22, 2021 (GLOBE NEWSWIRE) — Niu Technologies (“NIU”, or “the Company”) (NASDAQ: NIU), the world’s leading provider of smart urban mobility solutions, today announced its financial results for the third quarter 2021. Third Quarter 2021 Financial HighlightsRevenues were RMB 1,226.4 million, an increase of 37.1% year over year Gross margin was 20.0%, compared with 20.9% in the third quarter of last year Net income was RMB 91.7 million, an increase of 14.6% compared with RMB 80.0 million in the third quarter of last year Adjusted net income (non-GAAP)1...

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Nexstim Agrees on a Strategic Investment into a Management Services Organisation of a California Based Clinic Providing Treatments for Depression Patients

Company Announcement, Inside information, Helsinki, 22.11.2021 at 9 AM (EET) Nexstim Agrees on a Strategic Investment into a Management Services Organisation of a California Based Clinic Providing Treatments for Depression Patients Nexstim Plc’s (NXTMH:HEX, NXTMS:STO) (“Nexstim” or “Company”) US subsidiary Nexstim, Inc. has signed an agreement regarding a strategic alliance with and a minority ownership in PNC Management Services, LLC. Nexstim, Inc. will fund the transaction from cash on hand. The transaction price is estimated to be approximately EUR 0.5 million. The closing of this transaction is subject to customary closing conditions and is estimated to be finalised during the coming weeks. PNC Management Services, LLC was organized to provide management, consulting, administrative, and other support services...

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Fingerprint Cards AB (publ) communicates forecast for 2022

Fingerprint Cards AB (publ) today announced that the company expects Group revenues for the full year 2022 to be in the range of SEK 1,600-2,000 million, based on the exchange rate SEK/USD 8.70, and that the EBITDA margin is expected to be in the range of 14-18 percent for the fourth quarter of 2022. “At the same time as demand for our products remains healthy in the mobile industry, our revenue streams are now being diversified at a higher pace than previously, into areas with attractive margins. The good sales growth in 2022 is expected to be generated mainly in the areas of Mobile, PC and Access. This is despite the fact that we expect the current semiconductor shortage in the world to persist throughout 2022. When access to semiconductors and production capacity is normalized, there is additional scope for significant sales increases....

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Enernet Global acquires KPS Power Africa

Distributed energy service company accelerates presence in Africa with acquisition of African subsidiary of KPS Australia NEW YORK, Nov. 22, 2021 (GLOBE NEWSWIRE) — Enernet Global Inc. (“Enernet”), a distributed energy service company whose mission is to decarbonise the world’s supply chains, acquired KPS Power Africa (“KPSPA”) to accelerate presence in African mining. Enernet’s global footprint enables it to provide tailored energy solutions for mining, commercial, industrial, remote community and utility customers across its operations in Australia, the Philippines, the Caribbean and Sub-Saharan Africa. KPSPA finances, builds, owns and operates hybrid power plants for the mining sector in Africa. The transaction provides Enernet with a portfolio of projects and expert team to rapidly scale the business. “The combination of KPS...

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Enefit Green production data – October 2021

Enefit Green produced 147.8 GWh electricity during October 2021 or 36.2% more than in the same period last year. The growth was mainly supported by good wind energy production growth in Estonian and Lithuanian wind farms. This in turn was supported good availabilities and good average recorded wind speeds. During October 2021 the average recorded wind speed was 8.0 m/s and 7.4 m/s in Estonian and Lithuanian wind parks respectively (6.7 m/s and 6.8 m/s respectively in October 2020). Heat energy production grew by 1.6% y-o-y to 55.4 GWh in October 2021. Pellet production decreased by 11.3% y-o-y to 12.8 thousand tons in October 2021.  October 2021 October 2020    Change, %Electricity, MWh        Estonia                          93,435                   64,514 44.8%  Lithuania                          48,867                  ...

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Maha Energy AB Announces Filing of Third Quarter 2021 Report & Live Webcast

Maha Energy AB (publ) (“Maha” or the “Company”) is pleased to announce its third quarter results. The report is attached to this press release and available on the Company’s website at  www.mahaenergy.ca. Third Quarter 2021Daily oil & gas production for Q3 2021 averaged 3,610 BOEPD (Q3 2020: 3,580 BOEPD) Revenue of USD 19.5 million (Q3 2020: USD 11.2 million) Operating netback of USD 13.6 million or USD 41.17 per BOE (Q3 2020: USD 7.0 million or USD 21.12 per BOE) EBITDA of USD 12.9 million (Q3 2020: USD 5.5 million) Net result of USD 6.1 million (Q3 2020: USD 1.8 million) Basic Earnings per share of USD 0.05 (Q3 2020: USD 0.02) Diluted Earnings per share of USD 0.05 (Q3 2020: USD 0.02) Cash and cash equivalents balance of USD 31.8 million (Q3 2020: 18.0 million)Nine months Ended 30 September 2021Daily oil & gas production...

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Obseva Announces U.S. FDA Acceptance of New Drug Application for Linzagolix

FDA Accepts NDA for Linzagolix for the Management of Heavy Menstrual Bleeding Associated with Uterine Fibroids   Ad hoc announcement pursuant to Art. 53 LR of the SIX Swiss Exchange GENEVA, Switzerland November 22, 2021 – Obseva SA (NASDAQ: OBSV; SIX: OBSN), a biopharmaceutical company developing and commercializing novel therapies to improve women’s reproductive health, today announced that the New Drug Application (NDA) for linzagolix for the management of heavy menstrual bleeding associated with uterine fibroids in premenopausal women has been accepted for review by the United States Food and Drug Administration (FDA). The submission is based on data from the two Phase 3 PRIMROSE trials. Linzagolix has a differentiated profile and if approved, would be the first and only GnRH receptor antagonist with flexible dosing options for uterine...

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Ericsson to acquire Vonage for USD 6.2 billion to spearhead the creation of a global network and communication platform for open innovation

Ericsson enters into agreement for USD 6.2 billion cash offer to acquire Vonage, a global provider of cloud-based communications, with unanimous approval of the Vonage Board of DirectorsAcquisition underlines Ericsson strategy to expand its presence in wireless enterprise and broaden its global offerings Robust performance and growth prospects are built on the Vonage Communications Platform (VCP), which delivers about 80% of Vonage’s total revenues and serves more than one million registered developers globally Transaction expected to be accretive to Ericsson’s EPS (excluding non-cash amortization impacts) and free cash flow before M&A from 2024 onwards Closing expected in the first half of 2022, subject to Vonage shareholder approval, regulatory approvals, and other customary conditionsHOLMDEL, N.J., Nov. 22, 2021 (GLOBE NEWSWIRE)...

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