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Year: 2021

Nine-month interim report (Q3) 2021

ALK delivers Q3 sales growth of 20%, with tablet sales up 41% (unaudited) ALK’s revenue grew strongly during Q3 following broad-based growth in all of its regions. Total revenue increased 20% for the quarter, as tablet sales growth surged to 41% and legacy products continued their sales recovery as allergy markets normalised further. These positive results contributed to an EBITDA increase of 114% in reported currency. The outlook has been updated to reflect the year-to-date performance. Q3 2021 financial highlightsTotal revenue was up 20% in local currencies at DKK 928 million (772). Tablet sales increased 41% to DKK 398 million (281) after strong growth in all regions, while combined SCIT and SLIT-drops sales grew 5%. Revenue growth in Europe increased to 15%, with North America up 23% and International markets up 51%. Operating profit...

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Net asset value of EfTEN Real Estate Fund III AS as of 31.10.2021

The net asset value (NAV) of EfTEN Real Estate Fund III AS as of 31.10.2021 was 18.1929 euros, increasing by 0.8% during October. The net asset value of the EPRA share (net book value excluding the deferred income tax liability and the fair value of interest rate derivatives) as of 31.10.2021 was 19.22 euros. EPRA NAV also increased by 0.8% in October. In October, the consolidated sales revenue of EfTEN Real Estate Fund III AS totaled to 1,131 thousand euros (September: 1,141 thousand euros). The Fund’s consolidated EBITDA was 941 thousand euros in October (975 thousand euros in September). The slightly lower EBITDA was mainly due to the distribution costs in Saules Miestas shopping center supporting the faster recovery from the corona pandemic and the 10 thousand euros lower consolidated sales revenue compared to September. The...

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Nokia reaches 4,000 5G essential patent families milestone

Press Release Nokia reaches 4,000 5G essential patent families milestoneNokia has reached the milestone of 4,000 patent families declared as essential to 5G with more to follow Entire industries are powered by Nokia’s inventions in the field of cellular connectivity Nokia’s industry-leading patent portfolio is built on over €130bn invested in R&D since 2000 and over three decades of driving cellular standardization11 November 2021 Espoo, Finland – Nokia announced today that it has reached the milestone of 4,000 patent families declared as essential to 5G standards. The milestone reflects Nokia’s continued leadership in cellular technology R&D and standardization. Nokia has played a pivotal role in defining many of the fundamental technologies enabling 5G, working with the 3GPP organization to establish 5G standards and enabling...

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Coop Pank AS results for October 2021

Coop Pank’s financial results in October 2021:In October, number of the bank’s clients increased by 2,500 and reached 110,000 by the end of the month. Over the year, customer base has grown by 34%. Volume of the bank’s customer deposits increased by 65 million euros, reaching 1.05 billion euros by the end of month. Deposits of corporate customers increased by 69 million and deposits of private customers by 2 million. The volume of deposits attracted from international platforms decreased by 6 million euros. Over the year, volume of bank deposits has grown by 40%. The bank’s loan portfolio increased by 15 million euros over the month and reached 869 million euros by the end of October. Business loans increased by 4 million euros, home loans by 8 million euros, consumer financing 0.5 million euros and leasing by 3 million...

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Petrus Resources Announces Third Quarter 2021 Financial & Operating Results

CALGARY, Alberta, Nov. 11, 2021 (GLOBE NEWSWIRE) — Petrus Resources Ltd. (“Petrus” or the “Company”) (TSX: PRQ) is pleased to report financial and operating results as at and for the three and nine months ended September 30, 2021. Petrus is focused on generating free cash flow to support further development of its Ferrier Cardium assets to benefit all stakeholders. HIGHLIGHTSTransformative debt reduction – During the quarter Petrus executed certain transactions, transforming its debt situation as follows:Reduced net debt(1) by 46% from $110.3 million to $60.1 million during the third quarter of 2021. Debt to annualized funds flow (excluding realized hedge settlements) is now 1.3x; Second Lien Term Loan settled in full; First Lien debt is the only remaining debt and is now fully conforming; interest expense has been reduced...

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Lerøy Seafood Group ASA: Q3 2021 Results

RESULT Q3 2021 In Q3 2021, Lerøy Seafood Group (LSG) reported revenue of NOK 6,325 million, compared with NOK 4,773 million in the same period in 2020. Operating profit before fair value adjustment related to biological assets was NOK 579 million in Q3 2021, compared with NOK 370 million in Q3 2020. The positive development from Q3 2020 is attributed to improved earnings from the land-based industry in the Wild Catch segment, substantial growth in harvest volume for the Farming segment, the lifting of COVID-19 restrictions resulting in a positive development in prices and, finally, the continued positive development for the VAPS&D segment. “Revenue in Q3 2021 is up 33% on the same quarter last year, mainly due to increased activity and higher prices. We recorded our highest ever quarterly revenue as well as all-time high harvest...

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ArcelorMittal reports third quarter 2021 results

Luxembourg, November 11, 2021 – ArcelorMittal (referred to as “ArcelorMittal” or the “Company”) (MT (New York, Amsterdam, Paris, Luxembourg), MTS (Madrid)), the world’s leading integrated steel and mining company, today announced results1,2 for the three-months and nine-months period ended September 30, 2021. Highlights:Health and safety performance: Protecting the health and wellbeing of employees remains the Company’s overarching priority; LTIF rate3 of 0.76x in 3Q 2021 as compared to 0.89x in 2Q 2021; 0.80x in 9M 2021 Improved operating results in 3Q 2021, with a positive evolution of steel spreads more than offsetting 8.4% lower steel shipments17 (vs. 2Q 2021) due to weaker demand (in particular automotive order cancellations) as well as production constraints and order shipment delays which are expected to reverse in 4Q 2021 3Q...

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KnowBe4 Announces the Upsize and Pricing of Follow-On Offering by Selling Stockholders

TAMPA BAY, Fla., Nov. 10, 2021 (GLOBE NEWSWIRE) — KnowBe4, Inc. (NASDAQ: KNBE), provider of the leading security awareness training and simulated phishing platform, today announced the pricing of its previously announced underwritten public offering of 8,000,000 shares of its Class A common stock by certain selling stockholders at a price to the public of $25.75 per share. The offering was upsized from a previously announced offering size of 7,000,000. In addition, the selling stockholders have granted the underwriters a 30-day option to purchase up to an additional 1,200,000 shares of Class A common stock on the same terms and conditions. The offering is expected to close on November 15, 2021, subject to customary closing conditions. KnowBe4 will not receive any proceeds from any sales of shares by the selling stockholders. Morgan...

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Epsilon Reports Third Quarter 2021 Results

HOUSTON, Nov. 10, 2021 (GLOBE NEWSWIRE) — Epsilon Energy Ltd. (“Epsilon” or the “Company”) (NASDAQ: EPSN) today reported third quarter 2021 financial and operating results and material subsequent events following the end of the quarter through the date of this release.Cash provided by operations of $5.5 million and $13.5 million for the three and nine months ended September 30, 2021, with free cash flow (FCF) of $3.4 million and $9.7 million for the same periods.Realized gas prices of $2.56/Mcf including hedges ($3.46/Mcf excluding hedges), for the three months ended September 30, 2021.  Through September 30, 2021 the company returned a total of $2.4 million to shareholders through share repurchases of 525,615 representing a reduction of 2.2% of outstanding shares from December 31, 2020.Total net revenue interest (NRI)...

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European Wax Center, Inc. Announces Pricing of Public Offering of Class A Common Stock

PLANO, Texas, Nov. 10, 2021 (GLOBE NEWSWIRE) — European Wax Center, Inc. (“EWC” or the “Company”) (NASDAQ: EWCZ), the largest and fastest-growing franchisor and operator of out-of-home waxing services in the United States, today announced the pricing of a public offering of 5,216,977 shares of its Class A common stock, including 2,851,617 shares of Class A common stock offered by certain selling stockholders affiliated with General Atlantic, L.P. (the “Selling Stockholders”) at a price to the public of $26.25 per share. In connection with the offering, the underwriters will have a 30-day option to purchase up to an additional 782,546 shares of Class A common stock from the Company and Selling Stockholders. The offering is expected to close on November 15, 2021, subject to satisfaction of customary conditions. EWC intends to use...

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