Month: May 2022

Awilco Drilling PLC: Sale of WilPhoenix

Written by Customer Service on May 4, 2022. Posted in Public Companies.

Awilco Drilling PLC (the Company) announces that its fully owned subsidiary Awilco Drilling Offshore (UK) Limited has signed a Memorandum of Agreement (MOA) for the sale of the WilPhoenix rig to Well-Safe Solutions Ltd. The agreed purchase price is USD 15.5 million. Expected time of delivery of the rig is on or around 1 June 2022. WilPhoenix is one of Awilco Drilling’s two Enhanced Pacesetter semi-submersibles and is equipped for drilling in water depths up to 1,200 ft. WilHunter, Awilco Drilling’s other semi-submersible, is in the process of being sold for recycling. Aberdeen, 4 May 2022 For further information please contact: Eric Jacobs, Interim CEOPhone: +44 1224 737900 Cathrine Haavind, Investor RelationsPhone: +47 93 42 84 64Email: ch@awilcodrilling.com This information is subject of the disclosure requirements pursuant to section...

Prosafe SE: Four-year contract awarded from Petrobras for Safe Notos in Brazil

Written by Customer Service on May 4, 2022. Posted in Public Companies.

Prosafe has been awarded a contract by Petróleo Brasileiro SA (‘Petrobras’) for the provision of the Safe Notos semi-submersible vessel for safety and maintenance support offshore Brazil. The contract linked to the award has a firm period commitment of four (4) years and the commencement is in Q3/Q4 2022 following on from the expiry of her current mutually extended three-year contract that commenced in Q4 2016. The total value of the contract is approximately USD 110 million. The Safe Notos is a technologically advanced and efficient Dynamically Positioned (DP3) semi-submersible safety and maintenance support vessel, capable of operating in harsh environments. The Safe Notos can accommodate up to 500 persons, has extensive recreation facilities and a large capacity open deck area and telescopic gangway. When operating the vessel, Prosafe...

Scandinavian Tobacco Group A/S – Reduction of share capital

Written by Customer Service on May 4, 2022. Posted in Public Companies.

Company Announcement No. 29/2022 Copenhagen, 4 May 2022 Scandinavian Tobacco Group A/S – Reduction of share capital On 31 March 2022, the annual general meeting of Scandinavian Tobacco Group A/S (the “Company”) resolved to adopt a proposal by the Board of Directors to reduce the Company’s share capital by nominally DKK 4,500,000 from nominally DKK 97,500,000 to nominally DKK 93,000,000 by cancelling some of the Company’s treasury shares. Today the Board of Directors has resolved to complete the capital reduction, and the reduction of the share capital has been registered with the Danish Business Authority. Following the capital reduction, the Company’s share capital amounts to nominally DKK 93,000,000 divided into 93,000,000 shares of DKK 1 each. The total number of voting rights is 93,000,000. The updated...

OP Mortgage Bank: Interim Report for 1 January–31 March 2022

Written by Customer Service on May 4, 2022. Posted in Earnings Releases And Operating Results.

OP Mortgage BankInterim ReportStock Exchange Release 4 May 2022 at 10.00 EEST OP Mortgage Bank: Interim Report for 1 January–31 March 2022 OP Mortgage Bank (OP MB) is part of OP Financial Group. Together with OP Corporate Bank plc, its role is to raise funding for OP from money and capital markets. OP MB is responsible for the Group’s funding with regard to covered bond issuance. Financial standing The intermediary loans and loan portfolio of OP MB totalled EUR 18,062 million (18,275)* on 31 March 2022. Bonds issued by OP MB totalled EUR 16,415 million (16,415) at the end of March 2022. On 31 March 2022, 116 OP cooperative banks had a total of EUR 14,691 million (14,691) in intermediary loans from OP MB. Earnings before tax totalled EUR 1.9 million (1.2). The company’s financial standing remained stable throughout the reporting period. Impairment...

TUGA Receives DTC Eligibility for US Investors

Written by Customer Service on May 4, 2022. Posted in Public Companies.

VANCOUVER, British Columbia and LISBON, Portugal, May 04, 2022 (GLOBE NEWSWIRE) — TUGA Innovations, Inc. (CSE: TUGA) (FRA: DQ5) (OTC: TUGAF) (“TUGA Innovations,” or the “Company”), developers of the TUGA, a new type of electric vehicle (“EV”) solution for urban mobility challenges, is pleased to announce that its US-based OTC Markets quotation under the symbol “TUGAF” has received approval from the Depository Trust Company (“DTC”) to make the Company’s common shares eligible to be electronically cleared and settled through DTC (“DTC Eligibility”) services. DTC is a subsidiary of the Depository Trust and Clearing Corporation, a United States company that manages the electronic clearing and settlement of publicly traded companies. DTC Eligibility incorporates an electronic method of clearing securities that speeds up the receipt...

Suominen Corporation’s Interim Report for January 1 – March 31, 2022: Start of the year burdened by cost inflation and customer inventory issues, outlook updated

Written by Customer Service on May 4, 2022. Posted in Earnings Releases And Operating Results.

Suominen Corporation’s Interim Report on May 4, 2022 at 9:30 a.m. (EEST) Suominen Corporation’s Interim Report for January 1 – March 31, 2022: Start of the year burdened by cost inflation and customer inventory issues, outlook updated 1-3/ 1-3/ 1-12/KEY FIGURES 2022 2021 2021Net sales, EUR million 110.3 115.3 443.2Comparable EBITDA, EUR million 3.3 18.5 47.0Comparable EBITDA, % 3.0 16.1 10.6EBITDA, EUR million 3.3 18.5 47.0Operating profit, EUR million -1.3 13.6 26.9Operating profit, % -1.2 11.8 6.1Profit for the period, EUR million -2.3 13.8 20.7Cash flow from operations, EUR million -2.7 16.0 11.1Cash flow from operations per share, EUR -0.05 0.28 0.19Earnings per share, basic, EUR -0.04 0.24 0.36Return on invested capital, rolling 12 months, %* 6.1 25.0 13.9Gearing, % 35.0 13.3 30.4* Restated In...

Aspo Group Interim Report, January 1 to March 31, 2022: Strong start for the year: Comparable operating profit nearly doubled, rest of the year marked by uncertainty

Written by Customer Service on May 4, 2022. Posted in Earnings Releases And Operating Results.

Aspo Plc Interim Report May 4, 2022, at 9:45 am Aspo Group Interim Report, January 1 to March 31, 2022 Strong start for the year: Comparable operating profit nearly doubled, rest of the year marked by uncertainty Figures from the corresponding period in 2021 are presented in brackets. January–March 2022, continuing operationsAspo’s net sales increased by 24% to EUR 160.4 (129.4) million. Comparable operating profit, at Group total level was EUR 15.0 (7.9) million, and the operating profit rate was 9.2% (6.0%). The comparable operating profit of ESL Shipping was EUR 7.9 (4.5) million, Telko EUR 8.6 (4.6) million, and Leipurin EUR 0.7 (0.3) million. Items affecting the comparability of operating profit totaled EUR -4.9 million at Group total level. Operating profit was EUR 10.3 (7.8) million. The operating profit rate was...

Sampo Group’s results for January–March 2022

Written by Customer Service on May 4, 2022. Posted in Earnings Releases And Operating Results.

SAMPO PLC INTERIM STATEMENT 4 May 2022 at 9:35 am Sampo Group’s results for January–March 2022Group P&C premiums grew by 7 per cent, supported by strong development in If P&C and Hastings. The Group combined ratio increased to 83.5 per cent (81.2), driven mainly by lower COVID-19 effects. Underlying margin development in If remained positive. Underwriting profit amounted to EUR 290 million (317). Excluding COVID-19 effects reported in the first quarter of 2021, underwriting profit increased 4 per cent. Profit before taxes declined to EUR 566 million (632), while earnings per share increased to EUR 0.86 (0.82). Group Solvency II coverage including dividend accrual increased to 200 per cent (185), above the 170-190 per cent target, supported by a 6 percentage point benefit from higher interest rates. A...

OP Corporate Bank plc’s Interim Report 1 January–31 March 2022

Written by Customer Service on May 4, 2022. Posted in Earnings Releases And Operating Results.

OP Corporate Bank plcInterim Report 1 January–31 March 2022Stock Exchange Release 4 May 2022 at 9.00am EEST OP Corporate Bank plc’s Interim Report 1 January–31 March 2022OP Corporate Bank plc’s earnings before tax were EUR –17 million (65). Earnings were reduced in particular by lower net investment income and higher impairment loss on receivables. Total income decreased by 22% to EUR 116 million (150). Net investment income fell by 85% to EUR 7 million (49). Net interest income increased by 23% to EUR 94 million (77). Net commissions and fees decreased by EUR 10 million to EUR 3 million (13). Total expenses increased by 5% to EUR 91 million (87). Impairment loss recognised on receivables amounted to EUR 42 million. A year ago, impairment loss on receivables reversed came to EUR 2 million. A significant portion of the increase in...

OP Financial Group’s Interim Report 1 January–31 March 2022: Earnings before tax EUR 189 million – net interest income and net commissions and fees increased in an uncertain business environment

Written by Customer Service on May 4, 2022. Posted in Earnings Releases And Operating Results.

OP Financial GroupInterim Report 1 January–31 March 2022Stock Exchange Release 4 May 2022 at 9.00 EEST OP Financial Group’s Interim Report 1 January–31 March 2022: Earnings before tax EUR 189 million – net interest income and net commissions and fees increased in an uncertain business environmentEarnings before tax totalled EUR 189 million (265). Income from customer business decreased by 1% to EUR 736 million (743). Net interest income increased by 5% to EUR 333 million (316) and net commissions and fees by 1% to EUR 272 million (270). Net insurance income decreased by 16% to EUR 131 million (157). Investment income decreased by 25% to EUR 68 million (91). Total income decreased by 11% to EUR 793 million (896). Total income including the overlay approach, EUR 844 million (841), remained unchanged year on year. Total expenses increased...

Month: May 2022

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