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Day: June 20, 2022

Hersha Hospitality Trust to Report Second Quarter 2022 Earnings on August 3, 2022

PHILADELPHIA, June 20, 2022 (GLOBE NEWSWIRE) — Hersha Hospitality Trust (NYSE: HT) (“Hersha” or the “Company”), owner of high-quality hotels in urban gateway markets and regional resort destinations, today announced that the Company will release its financial results for the Second quarter 2022 after the market close on Wednesday, August 3, 2022. The Company will host a conference call to discuss these results at 9:00 AM Eastern Time on Thursday, August 4, 2022. Hosting the call will be Mr. Jay H. Shah, Chief Executive Officer, Mr. Neil H. Shah, President and Chief Operating Officer, and Mr. Ashish Parikh, Chief Financial Officer. A live audio webcast of the conference call will be available on the Company’s website at www.hersha.com. The conference call can be accessed by dialing 1-844-200-6205 or 1-929-526-1599 for international...

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Elanders will have a positive impact on the result of some MSEK 50 from merger of associated company

In 2018, Elanders’ subsidiary, LGI Logistics Group International GmbH, entered into a strategic partnership with Addeco, whereby LGI divested 51 percent of the shares in its staffing firm LOGworks to Adecco Group Deutschland. Adecco is now planning to merge the operations in two of the companies they are majority owners of, LOGworks and ProServ. In connection with the merger LOGworks will become part of ProServ. Elanders will have a 14 percent ownership in the merged company. The Michelin Group, which was previously a minority owner in ProServ, will have a 35 percent ownership and Adecco 51 percent. Now when the merger takes place, it will have a positive effect on the Elanders Group’s operating result in the second quarter of approximately MSEK 50. This effect will occur when Elanders’ shares in the merged company are revalued from book...

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Suominen invests in strengthening its capabilities in sustainable products in Nakkila, Finland  

Suominen Corporation’s press release on June 20, 2022 at 1.00 p.m. (EEST)  Suominen strengthens its capabilities in sustainable products by enhancing and upgrading one of its production lines in Nakkila, Finland. The investment is made in line with Suominen’s strategy and supports company’s vision to be the frontrunner in sustainability. “As we foresaw in our strategy the market demand in Europe has changed remarkably towards more sustainable products. With this investment we respond to the increased demand for environmentally friendly products and also enhance our operational performance in terms of safety, quality and productivity,” says Petri Helsky, President and CEO of Suominen. The total value of the investment is approximately EUR 6 million and the investment project will be completed in the second half of 2023. Suominen Corporation...

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Company announcement no 10/2022 – May 2022 Sales price

May 2022 Sales price Group sales prices development as followsQ1           2017       1,24 EUR/kg live weight (Jan 1,23 EUR – Feb 1,24 EUR – Marts 1,26 EUR) Q2           2017       1,41 EUR/kg live weight (Apr 1,43 EUR – May 1,41 EUR – June 1,39 EUR) Q3           2017       1,30 EUR/kg live weight (July 1,32 EUR – Aug 1,30 EUR – Sept 1,29 EUR) Q4           2017       1,13 EUR/kg live weight (Oct 1,17 EUR – Nov 1,12 EUR – Dec 1,11 EUR) Q1           2018       1,09 EUR/kg live weight (Jan 1,07 EUR – Feb 1,08 EUR – Marts 1,12 EUR) Q2           2018       1,17 EUR/kg live weight (April 1,18 EUR – May 1,15 EUR – June 1,18 EUR) Q3           2018       1,19 EUR/kg live weight (July 1,19 EUR, August 1,18 EUR, September 1,19) Q4           2018       1,10 EUR/kg live weight (Oct 1,11 EUR – Nov 1,12 EUR – Dec 1,07 EUR) Q1           2019      ...

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Kering: Statement in compliance with article 223-16 of the General Regulation of the French Financial Markets Authority – June 2022

   Kering Société anonyme with a capital of € 498,771,664 Head office : 40, rue de Sèvres – 75007 PARIS 552 075 020 RCS PARIS    June 20, 2022          Statement in compliance with article 223-16 of the General Regulation of the French Financial Markets Authority (AMF – Autorité des Marchés Financiers)          Date     Total Number of shares   Total number of voting rights  theoretical 1 Exercisable 2  June 15, 2022   124,692,916   177,587,959   176,007,128    1 Calculated based on all shares with voting rights, including treasury shares stripped of voting rights (Art. 223-11 of AMF General Regulations).   2 Excluding treasury shares stripped of voting rights.    AttachmentKering – Statement Number of Shares and voting rights – 06.15.2022

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Cutting Equipment Market Size, Share and Forecast by 2029 | Cutting Tools Market Global Demand and Business Outlook

Companies covered in the Cutting Equipment Market are Illinois Tool Works, AMADA WELD TECH, The Lincoln Electric Company, Colfax Corporation, Koike Aronson, Inc., GCE Group, Ador Welding Ltd., OMAX Corporation, Hypertherm, Inc., Jet Edge, Inc., DAIHEN Corporation, V.V Mineral, OTTO BAIER GmbH, ICS Cutting Tools, Inc., Snap-on Incorporated, CERATIZIT S.A., Opta Group LLC., WB Alloys Welding Products Ltd, Kennametal Inc., Samtectools, HOLLFELDER-GÜHRING GmbH and others Pune, India, June 20, 2022 (GLOBE NEWSWIRE) — The Cutting Equipment Market size will witness an appreciable gain on the back of rising demand from the shipbuilding and automotive sectors. Stakeholders are likely to exhibit traction for the equipment owing to the use of fabricated metal products and the growth of heavy industrial equipment. Industry players are likely...

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Sydbank share buyback programme: transactions in week 24

        Company Announcement No 27/2022Peberlyk 46200 AabenraaDenmark Tel +45 74 37 37 37Fax +45 74 37 35 36 Sydbank A/SCVR No DK 12626509, Aabenraasydbank.dk20 June 2022  Dear Sirs Sydbank share buyback programme: transactions in week 24On 2 March 2022 Sydbank announced a share buyback programme of DKK 425m. The share buyback commenced on 7 March 2022 and will be completed by 30 December 2022. The purpose of the share buyback programme is to reduce the share capital of Sydbank and the programme is executed in compliance with the provisions of Regulation (EU) No 596/2014 of the European Parliament and of the Council of 16 April 2014 and the Commission Delegated Regulation (EU) 2016/1052 of 8 March 2016, collectively referred to as the Safe Harbour rules. The following transactions have been made under the share buyback programme:  Number...

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Mauritius-listed CIEL Limited Marks its 110th Anniversary with a revenue increase of over 50%

LONDON and PARIS, June 20, 2022 (GLOBE NEWSWIRE) — Mauritius-listed African investment company CIEL Limited (CIEL.N0000) delivered its best year-to-date results since the COVID-19 pandemic, surpassing its previous performance just as it celebrates its 110th anniversary. In the nine months to 31 March 2022, CIEL’s revenue grew 51% to USD 475 million, with an EBITDA margin increasing to 16.8% from 12.2% in the prior-year period. CIEL, listed on the Stock Exchange of Mauritius and the SEM Sustainability Index, has investments in over 25 companies across six clusters (TEXTILE, FINANCE, HEALTHCARE, HOTELS & RESORTS, PROPERTIES, and AGRO-BUSINESS). “Our diversified portfolio has proven its strength through the most uncertain times, and now, CIEL is ready to undertake future challenges successfully,” remarks Jean-Pierre Dalais, Group...

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Saudi Arabia Facility Management Market to Hit USD 34.86 Billion by 2028 | Government Initiatives of Investing in Tourism & Construction Industry to Boost Growth

Companies Covered in the Saudi Arabia Facility Management Market are Sodexo, CBRE Group Inc., Compass Group PLC, Cushman & Wakefield, Tenon Group, Dussmann Group, Majid Al Futtaim – ENOVA, MEEM Facility Management Co., MUHEEL SERVICES, INITIAL SAUDI GROUP, Al Mahmal Facilities Services Company, Afras, TOFM, EFS Facilities Services Group, G4S Limited, Munjz , TAMAM , Fanni, AJEER, Albaap, Just Mop Pune, India, June 20, 2022 (GLOBE NEWSWIRE) — The Saudi Arabia Facility Management Market size was USD 22.40 billion in 2020. The market is projected to grow from USD 22.87 billion in 2021 to USD 34.86 billion in 2028 at a CAGR of 6.2% in the 2021-2028 period. Fortune Business Insights™, provide this information in its report, titled, “Saudi Arabia Facility Management Market, 2021-2028.” Based on the extensive research conducted by...

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A good start to the summer season means that Tivoli raises expectations for 2022

The positive start of the summer season in Tivoli has continued throughout May and well into June with a significantly increased number of guests and higher use of the facilities of the Tivoli Gardens. On this basis Tivoli raises expectations for 2022. The latest announced expectations for 2022 was revenue in the range of DKK 850-950 million and the expectation of a marginally positive result before tax. Tivoli now expects a revenue at the level of DKK 1,000 million as well as a profit before tax in the range of DKK 25-50 million. ”Tivoli has had a good start to the summer season. The first couple of months of the season have shown significantly more guests than expected and they have indeed made use of the amusement rides in the Gardens, food and beverages offers and the cultural activities. Among the many events we had, Tivoli Food...

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