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Month: June 2022

Schneider Electric ranks 2nd in The Gartner Supply Chain Top 25 for 2022

Climbs 2021 ranking, up two from 4th place Three consecutive years Schneider Electric has placed in the top fiveRueil-Malmaison (France), 2 June 2022 – Schneider Electric, the global leader in energy management and automation, was ranked second in the Gartner Supply Chain Top 25 for 2022. This is the third time Schneider Electric has placed in the top five and the seventh consecutive year it has ranked on the list. This demonstrates the company’s ongoing commitment and investment to strengthen its supply chain strategy.Schneider Electric’s Hyderabad, India factory, recognized by the World Economic Forum as an Advanced Lighthouse in 2022 This recognition comes in a year of prolonged supply chain disruption. Companies around the world and across industries continue to be challenged by the impact of the COVID-19 pandemic, facing...

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Share Buyback Transaction Details May 26 – June 1, 2022

Share Buyback Transaction Details May 26 – June 1, 2022 June 2, 2022 – Wolters Kluwer today reports that it has repurchased 138,300 of its own ordinary shares in the period from May 26, 2022, up to and including June 1, 2022, for €12.7 million and at an average share price of €91.65.    These repurchases are part of the share buyback program announced on February 23, 2022, under which we intend to repurchase shares for up to €600 million during 2022. The cumulative amounts repurchased to date under this program are as follows: Share Buyback 2022Period Cumulative shares repurchased in period Total consideration(€ million) Average share price(€)2022 to date 2,838,664 262.8 92.59For the period starting May 5, 2022, up to and including August 1, 2022, we have engaged a third party to...

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Panostaja Oyj’s Half-year Financial Report November 1, 2021–April 30, 2022

Panostaja Oyj’s Half–year Financial Report November 1, 2021–April 30, 2022 Panostaja Oyj          Half-year Financial Report         June 2, 2022 10.00 a.m. Investment Capacity Bolstered by SokoPro Trade February 2022–April 2022 (3 months) in brief:Net sales increased in two out of four segments. Net sales for the Group as a whole weakened by 1% to MEUR 33.0 (MEUR 33.3). EBIT improved in two of the four segments. The entire Group’s EBIT improved from the reference period, standing at MEUR 7.9 (MEUR -0.4). The EBIT for the review period includes MEUR 9.4 in sales profit from the SokoPro deal. Panostaja’s segment Grano sold its SokoPro business operations to the international iBinder company. The deal was carried out as a share transaction, and the purchase price of the shares was roughly MEUR 45.5. Grano’s net sales for the review...

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Blender Bites Provides Summary on Revenue Guidance

VANCOUVER, British Columbia, June 02, 2022 (GLOBE NEWSWIRE) — Blender Bites Ltd. (the “Company”, “Blender Bites” or “Blender”), (CSE: BITE, FWB: JL40, WKN: A3DWAM), an award-winning Canadian company involved in the development and marketing of a line of premium, organic and plant-based pre-portioned frozen functional foods, provides a summary of its shareholder update call, held on June 1, 2022. HIGHLIGHTS Q2 2022 Revenue Performance During Q2 2022, the Company witnessed increased revenues compared to same quarter last year (“Q2 2021”), and also compared to the previous three month period ending January 31, 2022 (“Q1 2022”). In Q2 2022 the Company saw revenues of $1,281,441 compared to $172,922 during Q2 2021 which represents a 641% increase, with respective cost of goods sold being $1,024,609 and $120,992. Q2 2022 revenues were...

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Danone: 2021 key indicators restated according to new operating segments and by category

Press release – Paris, June 2, 2022 Danone: 2021 key indicators restated according to new operating segments and by category As announced on March 8, 2022, Danone is reporting its key indicators1 according to 4 new geographical operating segments, while retaining its global category reporting for Essential Dairy and Plant-based (EDP), Specialized Nutrition and Waters. The reshaping of the organization by geographical zone has led to the reallocation of some central costs and other expenses among global categories. The recurring operating income and recurring operating margin have been restated accordingly for 2021, as detailed below (unaudited figures). H1 and FY 2021 net sales, recurring operating profit and recurring operating margin restated by categoryNet sales (€m), recurring operating profit (€m)and recurring operating margin...

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VAALCO Energy Announces Successful Drilling of South Tchibala 1HB-ST Well

HOUSTON, June 02, 2022 (GLOBE NEWSWIRE) — VAALCO Energy Inc. (NYSE: EGY; LSE: EGY) (“VAALCO” or the “Company“) today announced the successful drilling of the South Tchibala 1HB-ST well that was drilled from the Avouma platform in the Etame field, offshore Gabon. HighlightsDiscovered significant columns of multiple hydrocarbon bearing sands in the Dentale;Completing the Dentale D1 sand (18 meters net hydrocarbons) interval, which is analogous to the Deep Dentale producing field in North Tchibala with similar porosity and permeability. Additional cased Dentale D9 (15 meters net hydrocarbons) interval can be tested and completed in the future. Penetrated a thin section of the Gamba sand that is not economically viable to complete in this wellbore.Adds new reserves that were previously not captured in...

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PGS and OFG secure access to market leading P-Cable

June 2, 2022, Oslo, Norway: Reference is made to the announcement issued on March 9, 2022, regarding PGS strengthening its New Energy portfolio. Ocean Floor Geophysics, Inc (OFG), a company in which PGS owns approximately 43%, has now completed the acquisition of NCS SubSea and thereby controls the market-leading P-Cable system, which provides ultra-high resolution 3D seismic data to the oil and gas and new energy markets. “This transaction further strengthens the PGS-OFG partnership and expands our combined offering within conventional and New Energy markets. We are building OFG to be a preferred provider of marine site characterization and asset integrity services,” says Artem Lytkin, Vice President PGS New Energy and an Executive Chairman of OFG. “OFG is delighted to complete the acquisition of NCS and its P-Cable ultra-high resolution...

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Zealand Pharma Announces Appointment of David M. Kendall, M.D., as Chief Medical Officer

Press Release – No. 2/2022 Zealand Pharma Announces Appointment of David M. Kendall, M.D., as Chief Medical OfficerDavid Kendall named Zealand Pharma CMO Follows Zealand Pharma’s appointment of Adam Steensberg as CEO and decision to refocus strategy Kendall has over 35 years of diabetes and metabolic disease experience including nearly two decades in the pharma industryCopenhagen, DK and Boston, MA, U.S. June 2, 2022 – Zealand Pharma A/S (Nasdaq: ZEAL) (CVR-no. 20045078,) a biotechnology company focused on the discovery and development of innovative peptide-based medicines, today announced the appointment of David M. Kendall, M.D., as Chief Medical Officer. Dr. Kendall most recently served as Senior Global Medical Advisor at Zealand and has more than 35 years of experience in diabetes and metabolic disease, with a broad-based...

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Subscription outcome of LHV Group share offering

Yesterday, on 1 June 2022, the public share offering of LHV Group in the form of rights issue was concluded. All in all 11,694 investors participated in the subscription, subscribing in total EUR 43.6 million worth to the offered new shares. LHV Group offered investors 694,444 new ordinary shares with the option to increase the number of the offer shares to up to 972,222. The subscription period commenced on 18 May 2022, at 10.00 and concluded on 1 June 2022, at 16.00. The price of one offer share was EUR 36, of which EUR 1 was the nominal value and EUR 35 was the share premium. Due to over-subscription, the Supervisory Board of LHV Group exercised its right to increase the volume of the offering to the maximum allowable extent, whereas the share capital of LHV Group is increased by EUR 972,222 and 972,222 new ordinary shares with the...

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Jyväskylä got a new landmark made of local logs – the sustainably built sauna restaurant, located by a lake and close to the city centre, represents interesting new architecture

Press release Honkarakenne Ltd. 1 June 2022 Jyväskylä got a new landmark made of local logs – the sustainably built sauna restaurant, located by a lake and close to the city centre, represents interesting new architecture “In future, Jyväskylä will be defined by Sataman Viilu. We wanted the building on the lakeshore to have a unique and impressive shape, and I think that the young architects succeeded in that, providing something new and original,” says Antti Määttä, Chairman and CEO at Osuuskauppa Keskimaa. The log-built sauna restaurant will be opened to the public on Thursday 2 June. Sataman Viilu is designed by Marko Simsiö and Johannes Koskela from KOAN Architecture. All the log structures are designed, delivered and built by Honkarakenne. Sataman Viilu, commissioned by Osuuskauppa Keskimaa, houses a restaurant, three public saunas...

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