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Month: May 2022

Strong result and increased market uncertainty

Statkraft recorded a very strong EBIT in the quarter. Russia’s invasion of Ukraine has further impacted an extraordinary situation in the energy market, increasing the uncertainty. The underlying EBIT was NOK 18 billion, an increase of NOK 10.7 billion compared with the first quarter last year. The increase was driven by substantially higher Nordic power prices and higher results from market activities. The solid results further strengthen Statkraft’s financial capacity and ability to deliver on the company’s growth strategy. The average Nordic system price was 109 EUR/MWh compared with 42 EUR/MWh in the same quarter in 2021. “Statkraft delivered strong results for the first quarter, driven by high Nordic power prices and a solid contribution from our market activities. Russia’s invasion of Ukraine has led to a human tragedy and concerns...

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View Discloses Cash Balance of $201M as of End of Q1 2022

MILPITAS, Calif., May 11, 2022 (GLOBE NEWSWIRE) — View, Inc. (NASDAQ: VIEW), the leader in smart building technologies, today announced its cash position of $201 million as of the end of Q1 2022 with no substantial debt on its balance sheet. When the Company issues its 2021 financial statements, it anticipates that its reported cash outflow from operations for the twelve months ended December 31, 2021, ranged from $260 million to $270 million. The Company anticipates that it will be disclosing substantial doubt about the Company’s ability to continue as a going concern, as the Company does not currently have adequate financial resources to fund its forecasted operating costs and meet its obligations for at least twelve months from the expected issuance date of its 2021 financial statements. While the Company will look to raise...

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Proactive news headlines including Dundas Minerals,Clean TeQ Water, Critical Resources and Eastern Metals

Sydney, May 11, 2022 (GLOBE NEWSWIRE) — Proactive, provider of real-time news and video interviews on growth companies listed in Australia, has covered the following companies:Dundas Minerals Ltd (ASX:DUN) has intersected broad zones of nickel mineralisation during reverse circulation (RC) drilling at Jumbuck Prospect in the highly prospective Albany-Fraser Orogen in Western Australia. Click here Clean TeQ Water Ltd (ASX:CNQ) has been awarded a material contract with Power Water Corporation to supply a treatment plant to remove pollutants from the bore water in Laramba to meet Australian Drinking Water Guidelines. Click here Critical Resources Ltd (ASX:CRR) has encountered visual spodumene in another four step-out drill holes at its 100%-owned Mavis Lake Lithium Project, in Ontario, Canada. Click here Eastern Metals Ltd (ASX:EMS)...

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Good Start to 2022

Q1 2022 INTERIM REPORT ANNOUNCEMENT NO. 15/2022Unchanged full-year earnings outlook of more than 20% growth Q1 EBITDA increased 9% to DKK 822m Logistics boosted by HSF integration and margin improvement Passenger recovery ahead of expectations Baltic Sea freight volumes lowered by war in UkraineQ1 2022Freight ferry volumes continued to grow Passenger ferry markets recovered through the quarter HSF in line with expectationsOUTLOOK 2022EBITDA range DKK 3.9-4.4bn (2021: DKK 3.4bn) Revenue growth increased to around 30% (previously 23-27%)  “Continuously adapting to challenges and opportunities, we remain on track to raise earnings more than 20% in 2022,” says Torben Carlsen, CEO.  KEY FIGURES                         2022 2021   2021-22 2020-21   2021DKK m Q1 Q1 Change, % LTM LTM Change, % FY               Revenue 5,725 3,768 51.9 19,826 13,925 42.4 17,869EBITDA...

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The consolidated annual report of AS Silvano Fashion Group for 2021 specified the announcement

Silvano Fashion Group AS Annual Report 2021 specification AS Silvano Fashion Group provides the specification and adds the missing ESEF file. The consolidated audited annual report of Silvano Fashion Group AS for the financial year 2021 is available on the website of Nasdaq Baltic www.nasdaqbaltic.com and on the website of SFG www.silvanofashion.com. Silvano Fashion Group ASTel +372 6845 000Email: info@silvanofashion.comAttachmentSilvano Fasion Group AS_Annual Report 2021

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Bekaert announces the second tranche of its Share Buyback Program

Bekaert announces the second tranche of its Share Buyback Program Bekaert announces today that it will commence the second tranche of its €120 million buyback program which was previously announced on 25 February 2022 (the Program) for a total maximum consideration of up to € 30 million (the Second Tranche). Bekaert completed the initial tranche of the Program on 4 May 2022.  In aggregate, between 18 March 2022 and 4 May 2022, the company repurchased 766 295 ordinary shares for an aggregate consideration of € 27.3 million under the initial tranche of the Program.  It is intended that, subject to market conditions, the Second Tranche will be completed by the announcement of the company’s 2022 H1 results, as scheduled on 29 July 2022. Bekaert has appointed Kepler Cheuvreux SA as independent intermediary to repurchase the shares on its behalf...

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Ahold Delhaize’s strong global portfolio delivers growth in Q1 net sales and diluted EPS; 2022 outlook increased

Q1 Group net sales increased 8.3% at actual rates to €19.8 billion. At constant exchange rates, net sales were up 3.6% as food-at-home consumption continues to prove resilient. Q1 comparable sales excluding gas grew 3.3% (3.9% excluding weather and calendar impacts) in the U.S. and declined 3.1% in Europe (excluding weather and calendar impacts, declined 2.8%). Net consumer online sales declined 1.0% at constant exchange rates following growth of 103.3% during Q1 in the prior year. Excluding bol.com, net consumer online sales increased 4.6% at constant rates. Driven proactively by Save For Our Customers cost savings initiatives and working hard with suppliers to keep price increases as low as possible, Ahold Delhaize’s great local brands are supporting customers to manage their shopping baskets efficiently, ensuring access to affordable...

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ALSTOM SA: Alstom FY 2021/22 results fully in line with outlook, mid-term targets confirmed

 Alstom FY 2021/22 results fully in line with outlook, mid-term targets confirmed  Order backlog at a record high of €81.0 billion. Book-to-bill ratio at 1.25 Sales at €15.5 billion in 2021/22, increase of 11% compared to last year proforma and at +7.9% H2 2021/22 vs H1 2021/22 aEBIT1margin at 5%, progressive recovery in H2 2021/22, with projects stabilisation executed as planned Adjusted net profit1 2 in FY 2021/22 amounted to €268 million before non-cash impairment charge of the 20% stake in TMH Positive Free Cash Flow1 at €469 million for H2 2021/22 thanks to a positive working capital evolution Alstom in Motion 2025 mid-term targets confirmed, synergies raised to €475 – €500 million from 2025/26 onwards    11 May 2022 – Between 1 April 2021 and 31 March 2022, Alstom booked €19.3 billion of orders. Sales reached €15.5 billion....

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