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Day: March 1, 2022

Bufab Group: Erik Lundén new President and CEO of Bufab AB

PRESS RELEASE, Värnamo 1 March 2022The Board of Directors in Bufab AB (publ) (“Bufab”) has appointed Erik Lundén as the new President and CEO of Bufab. Erik, currently Division Manager for Parts & Services at Sandvik Mining & Rock Solutions in the Netherlands, will assume his role on 15 August 2022. In connection with this, the current acting President and CEO, Johan Lindqvist, will assume the role of vice President and vice CEO. “It is with great pleasure Bufab’s Board of Directors present Erik Lundén as the new President and CEO for Bufab. Erik’s solid experience from senior positions, primarily within Sandvik in combination with his personal qualities and proven leadership skills as well as his business acumen when it comes to creating growth, is well suited to Bufab’s future needs. We...

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OP Financial Group will apply an RWA floor, based on the standardised approach, in the calculation of its capital adequacy ratio

OP Cooperative                                 OP Corporate Bank plcOP Mortgage BankInside information1 March 2022 at 20.00 EET OP Financial Group will apply an RWA floor, based on the standardised approach, in the calculation of its capital adequacy ratio In the calculation of its capital adequacy ratio, OP Financial Group has decided to apply an RWA floor — based on the standardised approach — in the second quarter of 2022. This is due to enhanced regulatory requirements and discussions with the European Central Bank (ECB) on the application of the Internal Ratings Based Approach (IRBA). OP Financial Group’s capital adequacy will remain strong, despite the application of the floor. After the floor has been applied, it is estimated that the Group’s CET1 ratio will exceed the regulatory minimum level by over 5 percentage points, and the...

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D-BOX VIBE chair is the best seat for enjoying hyper-realistic, immersive experiences

D-BOX VIBE chair is the best seat for enjoying hyper-realistic, immersive experiences Immersive high-fidelity haptic chair | 100% genuine leather or fabric | Multipurpose designMontreal, Quebec, Canada, March 01, 2022 (GLOBE NEWSWIRE) — D-BOX Technologies Inc. (“D-BOX” or the “Corporation”) (TSX: DBO), a world leader in haptic and immersive entertainment, is pleased to announce a crowdfunding campaign on Indiegogo for a new home entertainment seat. This new multipurpose seat design comes integrated with D-BOX’s renowned high-fidelity immersive haptic technology, which synchronizes perfectly with different types of audio, video, and gaming content. This versatile seat is ideal for working, reading, gaming, listening to music, relaxing, watching movies and television shows, and more. Over the last 20 years, D-BOX has...

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Share buy-back Program of DKK 300 million to be initiated

COMPANY ANNOUNCEMENT NO. 5/2022 – 1 MARCH 2022 The Board of Directors of Royal Unibrew A/S has decided to initiate a share buy-back of up to DKK 300 million.   ObjectiveThe objective of the share buy-back is to adjust the capital structure of Royal Unibrew A/S. The Board of Directors expects to recommend to the AGM in 2023 that the shares bought back will be cancelled. AuthorisationThe share buy-back program is initiated within the authorisation granted to the Board of Directors at the Annual General Meeting of the Company on 28 April 2021, which will enable the Company to buy back shares for up to 10 per cent, recognizing that the Company’s total holding of treasury shares following the acquisition cannot exceed 10 per cent of the share capital. The Share buy-back Program will be executed in accordance with Article 5 of Regulation (EU)...

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CORRECTION: Pro Kapital Council approved Consolidated Interim Report for IV Quarter and 12 Months of 2021 (Unaudited)

Yesterday, the Company published its unaudited interim report for IV quarter and 12 months of 2021. In the stock exchange notice the heading of the reporting period was erroneously 30.09.2021 instead of 31.12.2021 in “Consolidated interim statement of financial position”. Hereby we publish corrected notice. MANAGEMENT REPORT Chairman’s summary  The fourth quarter of 2021 has confirmed the positive trend seen in the previous quarter. The overall market is healthy and we are seeing a solid and steady demand for our projects. The construction market still poses some challenging issues, mainly due to complications related to Covid-19 and relative problems in the supply chain and increase in cost of materials due to lower overall supply, which makes it harder to fix a price for the works with the construction companies. Real estate...

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Sales and results for the first semester 2021-2022

SALES FOR THE FIRST SEMESTER:THE FIRST HALF OF THE FISCAL YEAR MARKED BY THE STRONG GROWTH OF FIELD SEEDSRESULTS FOR THE FIRST SEMESTER:A POSITIVE OPERATING INCOME, WITH A SIGNIFICANT IMPROVEMENT IN THE FINANCIAL INCOME, BUT INCOME FROM ASSOCIATED COMPANIES DOWN NEWS:UPDATE ON THE SITUATION IN UKRAINE AND RUSSIAEVOLUTION OF LIMAGRAIN’S REPRESENTATION ON VILMORIN & CIE’S BOARD OF DIRECTORSPARTIAL REVISION OF THE ANNUAL OBJECTIVES FOR 2021-2022Vilmorin & Cie’s business is characterized by significant structural seasonality. Indeed, in recent years, consolidated sales for the first semester represent, on average, one third of the Company’s annual sales. Traditionally, the consolidated financial statements for the first semester show very negative income.In millions of euros 2020-2021 2021-2022...

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Outdoor Furniture Market to Worth USD 66.55 Billion by (2021-2028) | Outdoor Furniture Industry CAGR of 5.3%

Companies covered in outdoor furniture market are IKEA (Delft, Netherlands), Brown Jordan Co. (California, U.S.), Gloster Furniture (Virginia, U.S.), Aura Global Furniture (Mumbai, India), Kettal Group (Barcelona, Spain), Woodard Furniture (Texas, U.S.), Royal Botania (Nijlen, Belgium), Ashley Furniture Industries, Inc. (Illinois, U.S.), Kimball International (Indiana, U.S.), Bernhardt Furniture Company Inc. (North Carolina, U.S.) and more players profiled. Pune, India, March 01, 2022 (GLOBE NEWSWIRE) — The global outdoor furniture market size was USD 45.08 billion in 2020. The market is projected to grow from USD 46.21 billion in 2021 to USD 66.55 billion by 2028 at a CAGR of 5.3% in the 2021-2028 period. This information is presented by Fortune Business Insights™, in its report titled, “Outdoor Furniture Market, 2021-2028.” The...

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Avocado Oil Market to Reach USD 822.29 Million by (2021-2028) | Avocado Oil Industry CAGR of 5.82%

Companies covered in avocado oil market report are Spectrum Organics Products LLC (Oregon, U.S.), Bella Vado Inc. (California, U.S.), The Village Press (New York, U.S.), La Tourangelle, Inc. (California, U.S.), Proteco Gold Pty Ltd. (Queensland, Australia), Sesajal S.A de C.V. (JALISCO, Mexico), Grupo Industrial Batellero (Lerma de Villada, Mexico), Grove Avocado Oil (Bay of Plenty Region, New Zealand), Cibaria International (California, U.S.), Olivado USA (Florida, U.S.), and other players profiled Pune, India, March 01, 2022 (GLOBE NEWSWIRE) — The global avocado oil market size is anticipated to reach USD 822.29 million by 2028 and exhibit a CAGR of 5.82% during the forecast period. The rising emphasis on organic oil production and technological development in product manufacturing is expected to be the key factor driving the...

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Verizon issues its fourth $1 billion green bond

A leading corporate buyer of renewable energy in the U.S., and a leader in green finance and diversity in the capital markets NEW YORK, March 01, 2022 (GLOBE NEWSWIRE) — Today, Verizon Communications Inc. (NYSE, Nasdaq: VZ) settled its fourth green bond offering of $1 billion, with the net proceeds expected to be allocated entirely toward renewable energy investments to accelerate the transition to greener electrical grids across the U.S. This follows last month’s announcement that the company already fully allocated its third green bond to renewable energy investments only five months after its issuance in September 2021. Verizon has now issued four-green bonds for a total of $4 billion since 2019. “I’m proud of Verizon’s accomplishments towards our ambitious environmental and social impact goals,” said Matt Ellis, Verizon’s executive...

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Virbac : Declaration of the number of shares and voting rights 02/2022

              DECLARATION OF THE NUMBER OF SHARES AND VOTING RIGHTS       Information on the total number of voting rights and of shares representing the share capital (Article 223-16 of the General regulations of the French Financial Market Authority – Autorité des Marchés Financiers)         Quotation place: Euronext Paris Compartiment A ISIN code: FR0000031577  Date Total number of shares representing the share capital Total number of voting rightsFebruary, 28 2022 8 458 000 Gross total of voting rights : 12 761 439Net total* of voting rights : 12 745 226  Net total* = total number of voting rights attached to the total number of shares net of shares with no voting rights.               VIRBAC: Shaping the future of animal health NYSE Euronext – Compartiment A / Code ISIN: FR0000031577 / MNEMO: VIRP Corporate Finance:...

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