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Day: February 3, 2022

ForFarmers nominates Marijke Folkers-In ‘t Hout as member of its Supervisory Board

Lochem, 3 February 2022 ForFarmers nominates Marijke Folkers-In ‘t Hout as member of its Supervisory Board The Supervisory Board (‘the Board’) of ForFarmers N.V. (‘ForFarmers’) has decided to nominate Marijke Folkers-In ‘t Hout as member of the Board. This nomination will be submitted to the Annual General Meeting of Shareholders (‘AGM’) of 14 April 2022. This nomination is to fill the vacancy created by the departure of Sandra Addink, who will step down as a member of the Board after three terms at the end of the forthcoming AGM, according to the rotation schedule. Nomination on recommendation of Coöperatie FromFarmersThe nomination of Marijke Folkers-In ‘t Hout was made on recommendation by Coöperatie FromFarmers as holder of the priority share in ForFarmers. Marijke Folkers-In ‘t Hout (1983) owns an arable, poultry and pig farm in...

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Dassault Systèmes Delivers Strong 2021 Results, With Fourth Quarter Well Aligned With Guidance

Press Release VELIZY-VILLACOUBLAY, France — February 3, 2022 Dassault Systèmes Delivers Strong 2021 Results, With Fourth Quarter Well Aligned With Guidance Dassault Systèmes (Euronext Paris: FR0014003TT8, DSY.PA), today announced IFRS unaudited financial results for the fourth quarter and year ended December 31, 2021. The Group’s Board of Directors approved these results on February 2, 2022. This press release also includes financial information on a non-IFRS basis and reconciliations with IFRS figures in the Appendix to this communication. Summary Highlights (unaudited, in constant currencies, diluted EPS)As reported, 4Q21 IFRS EPS increased 15% to €0.18, non-IFRS EPS grew 17% to €0.29 4Q21 total revenue and software revenue increased 10%, with licenses & other software revenue up 15% and support & subscription up 8% (non-IFRS) FY21:...

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Nokia Corporation Financial Report for Q4 and full year 2021

Nokia Corporation Financial Statement Release3 February 2022 at 08:00 EET Nokia Corporation Financial Report for Q4 and full year 2021 Solid end to a transformational year2021 was a transformational year for Nokia, including refocusing on and strengthening our technology leadership. In Q4, Nokia’s underlying business performed largely as expected with other operating income being above expectations. Q4 net sales declined 5% y-o-y in constant currency as expected with strong growth in Network Infrastructure of +10% offset by Mobile Networks at -16%. Full year net sales grew 3% y-o-y in constant currency. Comparable operating margin of 14.2% (reported 11.5%) in Q4 declined 190bps y-o-y (reported +480bps) due to lower Q4 seasonality as expected. Full year comparable operating margin of 12.5% (reported 9.7%) expanded 300bps y-o-y (reported...

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Fourth quarter 2021: High development activity and robust cash flow

Oslo, 3 February 2022: In the fourth quarter 2021 Scatec’s proportionate revenues reached NOK 1,250 million (497) with EBITDA of NOK 683 million (223) and an associated EBITDA margin of 55%. Power production reached 1,047 GWh an increase by more than 2.5 times compared to the same quarter last year. “We saw another quarter with stable operations, robust cash generation and continued high project development activity within renewables across our core markets. We are further pursuing new and exciting opportunities in the Middle-East within hydrogen, ammonia and desalination powered by green energy. With a substantial track record, a proven value creating business model and a large developing pipeline, we are well positioned for further growth”, says Raymond Carlsen, CEO of Scatec. 803 MW in Brazil and South Africa were added to the project...

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Nokia announces share buyback program

Nokia Corporation Inside information3 February 2022 at 08:00 EET Nokia announces share buyback program Espoo, Finland – Nokia announces that its Board of Directors is initiating a share buyback program under the current authorization from the Annual General Meeting to repurchase shares, with purchases expected to begin in Q1 2022. The program targets to return up to EUR 600 million of cash to shareholders in tranches over a period of two years, subject to continued authorization from the Annual General Meeting. Nokia will disclose further details separately prior to commencing the purchases. About NokiaAt Nokia, we create technology that helps the world act together. As a trusted partner for critical networks, we are committed to innovation and technology leadership across mobile, fixed and cloud networks. We create value with intellectual...

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Cargotec and Konecranes provide an update on planned merger: Remedy requirements are more complex than expected, dialogue with relevant competition authorities continues

CARGOTEC CORPORATION, STOCK EXCHANGE RELEASE, 3 FEBRUARY 2022 AT 8:00 AM (EET) Cargotec and Konecranes provide an update on planned merger: Remedy requirements are more complex than expected, dialogue with relevant competition authorities continues  As previously communicated, Cargotec and Konecranes have continued their dialogue and cooperation with relevant competition authorities to find satisfactory ways to mitigate concerns raised by the competition authorities to secure approvals to complete the merger of Cargotec and Konecranes. Based on ongoing dialogue with the authorities the remedy requirements are more complex than expected. Cargotec and Konecranes have discussed remedies with relevant competition authorities based on a commitment offered to the European Commission to divest Konecranes’ Lift Truck business and Cargotec’s...

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Nokia commits $400m to NGP Capital for investments in game-changing growth companies

Press Release Nokia commits $400m to NGP Capital for investments in game-changing growth companiesNew venture fund, Fund V, launched by NGP Capital, with Nokia as a sole investor Fund will support Nokia’s technology leadership for the 5G era and beyond by investing in promising Edge Cloud, Cybersecurity, Digital Industry and Digital Transformation growth stage companies Investments will encourage financial growth, ecosystem expansion and the exploration of ground-breaking technologies and business models3 February 2022 Espoo, Finland – Nokia today announced its commitment to NGP Capital’s Fund V, a new $400m venture fund that will focus on promising, growth stage companies. The fund’s emphasis on companies developing emerging 5G use cases for industrial and business transformation aligns closely with Nokia’s technology leadership vision...

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Kuros Biosciences’s MagnetOs Granules Cleared by FDA for Expanded Spinal Indications

Rare clearance for bone graft for standalone use in spine based on human clinical data Clearance attained with evidence from Level 1 randomized controlled trial Positions MagnetOs above most other 510(k)-cleared bone grafts on the marketSCHLIEREN (ZURICH), Switzerland, Feb. 03, 2022 (GLOBE NEWSWIRE) — Kuros Biosciences (“Kuros” or the “Company”), a leader in next generation bone graft technologies, announced today that its MagnetOs Granules has been cleared by the U.S. Food and Drug Administration (FDA) for expanded indications in the spine, making it only the second-ever bone graft to achieve clearance for standalone use in the spine based on human clinical data. The FDA clearance was attained using radiographic data, clinical outcomes and safety data from 50 patients who were enrolled in a Level 1 randomized controlled multicenter...

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Sequana Medical to present at BTIG MedTech, Digital Health, Life Science & Diagnostic Tools Conference

GHENT, Belgium, Feb. 03, 2022 (GLOBE NEWSWIRE) — Sequana Medical NV (Euronext Brussels: SEQUA, the “Company” or “Sequana Medical”), an innovator in the treatment of diuretic-resistant fluid overload in liver disease, malignant ascites and heart failure, today announces that Ian Crosbie, Chief Executive Officer, will present at BTIG’s MedTech, Digital Health, Life Science and Diagnostic Tools Conference, taking place virtually from 15 to 17 February 2022. Company presentationWednesday, 16 February 2022 at 8:00 am ET / 14:00 CET Presentation slides will be available on Sequana Medical’s Investors website shortly after the eventSequana Medical will be meeting with international investors in virtual 1-to-1 and small group meetings. BTIG hosted events are intended for prospective and existing BTIG clients only. To listen to...

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Borregaard ASA: The Board of Directors’ dividend proposal to Borregaard’s General Meeting

3 February 2022: Borregaard ASA (“Borregaard”, OSE ticker: BRG) At a meeting on 2 February 2022 the Board of Directors of Borregaard ASA decided to propose an ordinary dividend for 2021 of NOK 2.75 per share to the General Meeting. In addition, the Board of Directors has decided to propose an extraordinary dividend of NOK 2.25 per share due to increased earnings and a strong cash flow. In total, the proposed dividend is NOK 5.00 per share. Dividend payment is estimated at NOK 498 million. The exact amount will depend on the number of treasury shares held at the date of the General Meeting. No dividend will be paid on treasury shares held by the Borregaard Group. Provided that the traded shares are subject to ordinary settlement in the Norwegian Securities Register (VPS), shares acquired up to and including 7 April 2022 will carry the right...

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