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Month: July 2023

WithSecure Corporation’s Half-year report January-June 2023: Market uncertainty reflected in the new outlook; new products launched to strengthen Co-security approach

WithSecure Corporation, Half-year report January – June 2023, 14 July 2023 at 8:00 EEST Half-year report 1 January – 30 June 2023 MARKET UNCERTAINTY REFLECTED IN THE NEW OUTLOOK; NEW PRODUCTS LAUNCHED TO STRENGTHEN CO-SECURITY APPROACH Highlights of April – June 2023 (“second quarter”) Annual Recurring Revenue (ARR)1 for cloud products2 increased by 21% to EUR 81.9 million (EUR 67.5 million) ARR growth from previous quarter was 0.5% Net Revenue Retention for cloud products was 107% Revenue from cloud products increased by 20% to EUR 20.3 million (EUR 16.8 million) Revenue from on-premise products decreased by 8% to EUR 6.2 million (EUR 6.7 million) Revenue from cyber security consulting decreased by 6% to EUR 8.4 million (EUR 8.9 million) Adjusted EBITDA was EUR -7.9 million (EUR -8.0 million – Estimated comparable EBITDA3) Items...

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Feintool secures major contract for electric drives with innovative bonding technology

Ad hoc announcement pursuant to Art. 53 LR Feintool wins an important new customer as a supplier of rotors and stators. The multi-year contract for a renowned American OEM has a lifetime volume in the triple-digit million euro range. For the first time, the innovative Glulock Multidot (MD) bonding technology will be used in high volume production for the main drives of electric cars. Feintool has been awarded a multi-year contract by a renowned American original equipment manufacturer (OEM). The contract involves supplying stators and rotors for the main drive of e-cars over a six-year period and has a lifetime volume valued in the three-digit million euro range. For the first time, the innovative and patented Glulock MD bonding technology will be used in high volume production to manufacture these components. Winning this significant...

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Mowi ASA (OSE:MOWI): Q2 2023 Trading update

Harvest volumes Q2 2023 (1) Farming Norway 61.5 thousand tonnes Farming Scotland 18.0 thousand tonnes Farming Chile 14.0 thousand tonnes Farming Canada 9.5 thousand tonnes Farming Ireland 1.5 thousand tonnes Farming Faroes 3.0 thousand tonnes Farming Iceland (Arctic Fish) 0.1 thousand tonnes Total 107.5 thousand tonnes     In connection with the presentation of the Q1 2023 results, Mowi ASA guided a total harvest volume of 104.5 thousand tonnes (GWE) for Q2 2023. Note:(1) The harvest volumes are provided in gutted weight equivalents (GWE). Additional information Operational EBIT for the Group was approximately EUR 300 million in Q2 2023 (EUR 320 million in Q2 2022). EUR/NOK for the quarter was 11.66. Total Operational EBIT per kg through the value chain was approximately as follows: Norway EUR 3.35 Scotland EUR 2.30 Chile EUR 1.80 Canada EUR 1.30 Ireland EUR 1.40 Faroes EUR 4.60 Operational...

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ONE swiss bank SA – H1 2023 financial results

14 July 2023 – Media Release Ad hoc announcement pursuant to Article 53 of SIX Exchange Regulation Listing Rules ONE swiss bank SA H1 2023 financial results (true and fair view) H1 2023 Financial Statements can be downloaded here.All documents are available on oneswissbank.com in the “Investor relations” section. H1 2023 highlights Grégoire Pennone, CEO, ONE swiss bank “Following the successful completion of our turnaround last year, we’re pleased to share our latest financial achievements with you today. Earnings before interest, taxes, depreciation and amortisation (EBITDA) in the first six months of the year increased by a substantial 528%, i.e. by CHF 6.73 million, demonstrating our continued focus on profitability. We’ve also seen a significant increase in net profit to CHF 5.81 million, which was CHF 6.66 million higher than in...

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FLSmidth sells its Advanced Filtration Technologies business to Micronics. Cement EBITA margin FY2023 guidance raised from the one-off net gain

COMPANY ANNOUNCEMENT NO. 13-202314 July 2023, Copenhagen, Denmark On 14 July 2023, FLSmidth Cement sold its Advanced Filtration Technologies (AFT) filter media business to Micronics, a leading global provider of industrial filtration solutions. The sale is effective immediately and includes all related assets, including intellectual property, technology, employees and customer contracts. The divestment of the AFT business is part of FLSmidth Cement’s pure play strategy, which includes focusing the cement product portfolio on the core technologies required for the green transition in the cement industry. “FLSmidth’s AFT filter media business has grown to become one of the leading manufacturers of industrial filter bags, serving clients worldwide in among other the cement, lime, minerals, metals and power industries. FLSmidth appreciates...

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Luxury Apparel Market to Worth USD 12.27 Billion by 2030 | Skyquest Technology

Luxury apparel market is segmented based on product type, gender, distribution channel and material. Based on product, the luxury apparel market is segmented into top wears, bottom wears, one piece, and others. Based on gender, the market is segmented into male and female. Based on distribution channels, the market is segmented into offline retail, specialty stores, online stores, hypermarkets & supermarkets, and others. Based on material, the luxury apparel market is segmented into cotton, leather, silk, denim, wool, and others- Industry Forecast 2023-2030 Westford, USA, July 13, 2023 (GLOBE NEWSWIRE) — According to SkyQuest, the luxury apparel market is experiencing significant growth due to a combination of factors, including the increased number of millionaires and strong client brand loyalty. As more individuals attain...

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Caribou Biosciences Announces Pricing of Upsized $125 Million Public Offering

BERKELEY, Calif., July 13, 2023 (GLOBE NEWSWIRE) — Caribou Biosciences, Inc. (Nasdaq: CRBU), a leading clinical-stage CRISPR genome-editing biopharmaceutical company, today announced the pricing of an upsized underwritten public offering of 19,230,769 shares of its common stock at a public offering price of $6.50 per share. All of the common stock to be sold in the offering will be offered by Caribou. The gross proceeds to Caribou from the offering, before deducting underwriting discounts and commissions and offering expenses, are expected to be approximately $125 million, excluding any exercise of the underwriters’ option. Caribou has granted the underwriters a 30-day option to purchase up to an additional 2,884,615 shares of its common stock at the public offering price per share, less underwriting discounts and commissions. The...

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Vitamin C Market to Worth USD 6.27 Billion by 2030 | Skyquest Technology

Vitamin C market is segmented based on source, application, process and product type. Based on source, the global market is segmented into natural and synthetic. Based on application, the global market is segmented into food & beverages, pharmaceuticals, cosmetics and animal feed. The market is segmented by process into the Reichstein process, a two-stage fermentation process. By product type, the market is segmented into powder, tablets, capsules, gummies, and liquids- Industry Forecast 2023-2030 Westford, USA, July 13, 2023 (GLOBE NEWSWIRE) — According to SkyQuest, the global vitamin C market is projected to experience significant growth due to the rising utilization of vitamin C in various food products and as a dietary supplement. Vitamin C, also known as ascorbic acid, is essential in preventing different types of heart...

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Sagimet Biosciences Announces Pricing of Upsized Initial Public Offering

SAN MATEO, Calif., July 13, 2023 (GLOBE NEWSWIRE) — Sagimet Biosciences Inc. (“Sagimet”) (Nasdaq: SGMT), a clinical-stage biopharmaceutical company developing novel therapeutics targeting dysfunctional metabolic pathways, today announced the pricing of its upsized initial public offering of 5,312,500 shares of its Series A common stock at a public offering price of $16.00 per share. All of the shares of Series A common stock are being offered by Sagimet. The gross proceeds from the offering, before deducting underwriting discounts and commissions and other offering expenses payable by Sagimet, are expected to be $85.0 million. Sagimet’s Series A common stock is expected to begin trading on the Nasdaq Global Market on July 14, 2023 under the ticker symbol “SGMT.” The offering is expected to close on July 18, 2023, subject to the...

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Madison Pacific Properties Inc. announces the results for the nine months ended May 31, 2023 and declares dividend

VANCOUVER, British Columbia, July 13, 2023 (GLOBE NEWSWIRE) — Madison Pacific Properties Inc. (the Company) (TSX: MPC and MPC.C), a Vancouver-based real estate company announces the results of operations for the nine months ended May 31, 2023. The results reported are pursuant to International Financial Reporting Standards (IFRS) for public companies. For the nine months ended May 31, 2023, the Company is reporting net income of $26.2 million (2022: $37.3 million); cash flows from operating activities before changes in non-cash operating balances of $8.2 million (2022: $7.4 million); and income per share of $0.43 (2022: $0.60). Included in net income is a net gain on the fair value adjustment on investment properties of approximately $13.4 million (2022: $21.6 million). The Company currently owns approximately $695 million in investment...

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