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Month: August 2022

Global Connected Car Market Size to Hit USD 191.83 Billion at a CAGR of 18.1% for 2021-2028 | Fortune Business Insights

According to Fortune Business Insights, the global connected car market was valued at USD 55.56 billion in 2020, and is projected to reach USD 191.83 billion by 2028, growing at CAGR of 18.1% from 2021 to 2028. Dominant players such as Audi and Ford Motors to focus on promoting the adoption of advanced automotive technologies. Pune, India, Aug. 17, 2022 (GLOBE NEWSWIRE) — The global connected car market size is projected to reach USD 191.83 billion by 2028, exhibiting a CAGR of 18.1% during the forecast period. Increasing demand for embedded telematics as drivers seek higher levels of safety and convenience while driving their vehicles. The growing demand for connected cars with advanced features will propel the growth of the connected car market. Fortune Business Insights™ presents this information in its report titled “Connected...

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Interim Report for 1 January-30 June 2022 (H1)

Company Announcement No 41/2022 – 17 August 2022 H1 2022 Interim Report Strong topline momentum in Q2 – full-year outlook maintainedThe organic development in the topline was very satisfactory in Q2 2022, despite being up against relatively tough comparable numbers from last year. This year, societies were without COVID-19 restrictions during the second quarter resulting in an organic volume growth of 5% (H1 2022: 2%). The price increases implemented during the first quarter of the year had full effect in Q2 2022 leading to an organic net revenue growth of 15% (H1 2022: 15%). Reported net revenue increased by 40% in Q2 2022 (H1 2022: 38%) due to the acquisitions made during the past 12 months. The second wave of input price increases, resulting from the war in Ukraine, continued investments in the organization and higher sales and marketing...

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Stock Yards Bancorp Increases Quarterly Cash Dividend to $0.29 Per Common Share

LOUISVILLE, Ky., Aug. 17, 2022 (GLOBE NEWSWIRE) — Stock Yards Bancorp, Inc. (NASDAQ: SYBT), parent company of Stock Yards Bank & Trust Company, with offices in the Louisville, central, eastern and northern Kentucky, as well as the Indianapolis, Indiana and Cincinnati, Ohio metropolitan markets, announced that its Board of Directors increased its cash dividend to $0.29 per common share. The dividend will be paid on October 3, 2022, to stockholders of record as of September 19, 2022. Commenting on the announcement, James A. (Ja) Hillebrand, Chairman and Chief Executive Officer, said, “With the strength of our earnings and solid capital position, we are pleased to increase our cash dividend rate as part of our continued efforts to provide returns to our loyal shareholders. With this announcement, Stock Yards Bancorp has now raised...

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Radisson Hotel Group expands its Moroccan portfolio with a new resort in the “Blue Pearl” region

Suite at Radisson Blu Resort, Saidia Garden, Morocco Suite at Radisson Blu Resort, Saidia Garden, MoroccoGuest room at Radisson Blu Resort, Saidia Garden, Morocco Guest room at Radisson Blu Resort, Saidia Garden, MoroccoExterior at Radisson Blu Resort, Saidia Garden, Morocco Exterior at Radisson Blu Resort, Saidia Garden, MoroccoBalcony at Radisson Blu Resort, Saidia Gerden, Morocco Balcony at Radisson Blu Resort, Saidia Gerden, MoroccoRadisson Hotel Group expands its Moroccan portfolio with a new resort in the “Blue Pearl” region Radisson Hotel Group is proud to announce the opening of its fifth hotel in Morocco, and its second Radisson Blu Resort in Saidia. Radisson Blu Resort, Saidia Garden is located on one of the longest beaches in Morocco that stretches across 14 km. The resort brings together the tranquility of coastal...

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Coop Pank AS entered into merger agreement with CP Varad AS

Today, Coop Pank AS entered into a notarial merger agreement with its 100% subsidiary CP Varad AS. As a result of the merger, CP Varad AS will dissolve, and Coop Pank AS will become its successor. The main operation of CP Varad AS has been managing and realising the properties which were collateral to bank’s problem credit. Through the merger, the group aims to streamline its legal structure, however group’s consolidated financial position and rights and obligations will not change. The merger agreement will enter into force after receipt of an approval from the Estonian Financial Supervision and Resolution Authority and the merger is planned to be completed during the year 2022. The merger agreement and merger report are enclosed to this announcement. Coop Pank, based on Estonian capital, is one of the five universal banks operating...

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edgeTI accepted into Forbes Technology Council

Forbes Technology Council Is an Invitation-Only Community for World-Class CIOs, CTOs, and Technology Executives. ARLINGTON, Va., Aug. 17, 2022 (GLOBE NEWSWIRE) — Arlington, VA, USA August 17, 2022 (GLOBE NEWSWIRE) – Edge Total Intelligence Inc. (“edgeTI”), a leading executive decision support and automation platform provider, is pleased to announce its CEO, Jim Barrett, has been accepted into Forbes Technology Council, an invitation-only community for world-class CIOs, CTOs, and technology executives. Jim Barrett was vetted and selected by a review committee based on the depth and diversity of his experience. Criteria for acceptance include a track record of successfully impacting business growth metrics, as well as personal and professional achievements and honors. A Media Snippet accompanying this announcement is available by...

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Coloplast Finance B.V. – 9M Interim Financial Report 2021/2022

Coloplast B.V. – Announcement no. 02/2022 – Interim Financial Report, 9M 2021/2022  9M 2021/22 Interim financial results, 9M 2021/22 1 October 2021 – 30 June 2022 Coloplast delivered Q3 organic growth of 8% and an EBIT margin of 30%. Unchanged financial guidance for FY 2021/22, with organic growth at 6-7%, reported growth around 15%, and EBIT margin before special items of around 31%Coloplast delivered 8% organic growth in Q3. Reported revenue in DKK was up by 21%. Organic growth rates by business area in Q3 were: Ostomy Care 10%, Continence Care 5%, Interventional Urology 11%, and Wound & Skin Care 5% (Wound Care 4%). Voice & Respiratory Care contributed 9%-points to reported growth, with a double-digit underlying growth. Satisfactory Q3 for Chronic Care, with solid Ostomy Care growth across all geographies...

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Skincare Market Size to Surpass USD 145.82 Billion by 2028 | At 5.52% CAGR

Key companies covered in skincare market are L’Oréal Professional (Clichy, France), Unilever (London, England), Procter & Gamble (Cincinnati, Ohio, U.S.), Estée Lauder Inc. (New York, U.S.), Beiersdorf AG (Hamburg, Germany), Shiseido Co., Ltd. (Chuo City, Tokyo, Japan), Coty Inc. (New York, U.S.), Natura & Co. (Sao Paulo, Brazil), Kao Corporation (Chuo City, Tokyo, Japan), Johnson & Johnson Services, Inc. (New Brunswick, U.S.), Avon Products Inc. (London, U.K), and more players profiled. Pune, India, Aug. 17, 2022 (GLOBE NEWSWIRE) — According to Fortune Business Insights, the global skincare market size is expected to gain momentum by reaching USD 145.82 billion by 2028 from USD 100.13 billion in 2021, while exhibiting a CAGR of 5.52% between 2021 to 2028. In its report titled, “Skincare Market, 2021-2028,” Fortune...

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Essential Oils Market Size & Share to Hit USD 18.25 Billion by 2028 | Exhibit a CAGR of 9.57%

Key companies covered in essential oils market are Biolandes SAS (France), Givaudan International SA (Vernier, Switzerland), International Flavors and Fragrances Inc. (New York, United States), Symrise AG (Holzminden, Germany), Enio Bonchev Production Ltd. (Bulgaria), The Lebermuth Company, Inc. (Indiana, United States), Essential Oils of New Zealand (New Zealand), Phoenix Aromas & Essential Oils LLC (United States), Sydney Essential Oil Co. (Australia), Young Living Essential Oils (Utah, United States) and more players profiled. Pune, India, Aug. 17, 2022 (GLOBE NEWSWIRE) — The global essential oils market size is set to gain traction by reaching USD 18.25 billion by 2028 while exhibiting a CAGR of 9.57% in the forecast period. This information is given by Fortune Business Insights™ in its report, titled, “Essential oils...

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EVTOL Aircraft Market Size Hit USD 23.21 Billion by 2028 | EVTOL Aircraft Industry High Growth in United States, Russia, Netherlands, Germany, Israel and ROW

According to Fortune Business Insights, the global EVTOL Aircraft Market Size is projected to reach USD 23.21 Billion by 2028, at CAGR of 23.13% during forecast period 2021-2028 Pune, India, Aug. 17, 2022 (GLOBE NEWSWIRE) — The global eVTOL aircraft market size was estimated to be worth USD 1.11 billion in 2020. The market value is expected to increase from USD 5.41 billion in 2021 to USD 23.21 billion in 2028 at a CAGR of 23.13% during 2021-2028. Growing urbanization, increasing traffic congestion, and the need for smarter transportation solutions are some of the major factors propelling the market forward. Fortune Business Insights presents this information in its report titled “EVTOL Aircraft Market, 2021-2028.”                  Electric vertical take-off and landing aircraft are increasingly gaining traction across the...

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