Day: August 16, 2023

Nokia Corporation: Repurchase of own shares on 16.08.2023

Nokia CorporationStock Exchange Release16 August 2023 at 21:00 EEST Nokia Corporation: Repurchase of own shares on 16.08.2023 Espoo, Finland – On 16 August 2023 Nokia Corporation (LEI: 549300A0JPRWG1KI7U06) has acquired its own shares (ISIN FI0009000681) as follows: Trading venue (MIC Code) Number of shares Weighted average price / share, EUR* XHEL 279,523 3.47 CEUX 83,767 3.47 AQEU 27,369 3.47 TQEX 13,341 3.47 Total 404,000 3.47 * Rounded to two decimals On 3 February 2022, Nokia announced that its Board of Directors is initiating a share buyback program under the authorization granted by Nokia’s Annual General Meeting on 8 April 2021 to return up to EUR 600 million of cash to shareholders in tranches over a period of two years. The second phase of the share buyback program in compliance with the Market Abuse Regulation...

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Global Pharmaceutical Packaging Market Size to Reach USD 268.97 Billion in 2030 | Emergen Research

Rising use of drugs in the form of capsules and other forms of medication on a global scale is a key factor driving pharmaceutical packaging market revenue growth. Vancouver, Aug. 16, 2023 (GLOBE NEWSWIRE) — The global pharmaceutical packaging market achieved a substantial milestone, reaching USD 119.24 Billion in 2021, and is poised to sustain a remarkable revenue compound annual growth rate (CAGR) of 10.3% throughout the forecast period, as revealed by the latest comprehensive analysis by Emergen Research. This robust trajectory is primarily propelled by two pivotal factors: the escalating recognition of the importance of verifying pharmaceutical product details within packaging and the rapid evolution of packaging technology. Additionally, the burgeoning utilization of drugs in diverse forms, including capsules and various medication...

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EMGS reports second quarter 2023 results

Electromagnetic Geoservices ASA’s (“EMGS” or the “Company”) financial report and market presentation for the second quarter of 2023 are attached. Highlights: * The Company recorded revenues of USD 0.2 million, down from USD 6.9 million in the second quarter of 2022 and down from USD 5.0 million in the first quarter of 2023. * Adjusted EBITDA (including capitalised multi-client expenses and vessel and office lease expenses) of negative USD 1.8 million, down from USD 2.8 million in the second quarter of 2022. * Free cash decreased with USD 0.8 million during the quarter, to USD 13.5 million. * The Atlantic Guardian was in warm-stack for the entire quarter. A pre-recorded presentation will be available over the internet from 20:00 (local time Norway) today. To access the presentation, please go to the Company’s homepage (www.emgs.com)...

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GN Store Nord delivered strong organic growth in GN Hearing and solid sequential growth in GN Audio generating DKK 622 million positive free cash flow. Financial guidance updated

– – GN Store Nord GN executed strongly across the company despite continued challenging market conditions in GN Audio. GN increased revenue by 4% compared to Q1 2023, equal to an organic revenue growth of -8% due to a high comparison base from last year Adj. EBITA was DKK 404 million, equal to an adj. EBITA margin improvement of 3.2 percentage points compared to Q1 2023 (decline of 3.4 percentage points compared to Q2 2022) Due to a relentless focus on balance sheet items, free cash flow excl. M&A was DKK 622 million On May 24, GN announced its new capital plan including a private placing of 17 million shares. Following the successful placing, new debt facilities, the ongoing disposal program and operational measures, GN has effectively pushed all material debt maturities from 2024 and 2025 to 2026 Reflecting the guidance...

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Washington Commanders and Verizon announce first corporate partnership under new team ownership

Verizon named “Official 5G Network of the Washington Commanders” to provide technology solutions at FedExField for fans, players and coaches NEW YORK, Aug. 16, 2023 (GLOBE NEWSWIRE) — The Washington Commanders today announced a new partnership with Verizon that will improve the experience for fans at FedExField starting in 2024. Named the “Official 5G Network of the Washington Commanders,” Verizon is the first corporate partner to sign on with the Commanders since the sale of the team was finalized last month. Through this partnership, Verizon will provide connectivity aiming to enhance the fan experience, from helping fans get through concession lines quickly, to catching all the action on the field. “We’re excited to have Verizon join us in this new chapter of Washington Commanders football,” said Commanders President Jason Wright....

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Global Oleochemicals Market Size to Reach USD 42.03 Billion in 2030 | Emergen Research

Recyclability is a significant factor driving global oleochemicals market revenue growth. Vancouver, Aug. 16, 2023 (GLOBE NEWSWIRE) — The global oleochemicals market is poised to achieve a significant milestone, with an anticipated valuation of USD 42.03 Billion by 2030, underscored by a steadfast revenue compound annual growth rate (CAGR) of 4.2%, as outlined by the latest comprehensive analysis conducted by Emergen Research. This robust trajectory is chiefly propelled by a key driving force: the escalation of government regulations mandating the utilization of environmentally friendly products. Oleochemicals have emerged as compelling sustainable alternatives, gaining prominence in response to tightening environmental regulations and the depletion of non-renewable resources. A confluence of factors fuels the growth of the oleochemicals...

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SKEL fjárfestingafélag hf.: 2.06 billion ISK profit after tax in 1H 2023

Attached is an announcement, investor presentation and financial report of SKEL for the first half of 2023. An open presentation of the Company’s financial report will be held on 17 August, 08:30 am, at the Reykjavik EDITION Hotel on Austurbakki 2, 101 Reykjavík. At the meeting, Ásgeir Helgi Reykfjörð Gylfason, CEO, and Magnús Ingi Einarsson, CFO, will present the results and highlights of the Company’s operations. For further information, please contact Ásgeir Helgi Reykfjörð Gylfason, fjarfestar@skel.is. www.skel.is https://www.linkedin.com/company/skel-hf/ Attachments SKEL Announcement H1 2023 SKEL Investor Presentation H1 2023 SKEL Financial Summary H1 2023

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Global Monochloroacetic Acid Market Size to Reach USD 1,517.49 Million in 2032 | Emergen Research

Rising demand for organic monochloroacetic acid in the agriculture industry is driving Monochloroacetic Acid market revenue growth. Vancouver, Aug. 16, 2023 (GLOBE NEWSWIRE) — As of 2022, the global monochloroacetic acid market has achieved a notable magnitude, culminating at USD 908.90 million. Projections based on the latest analysis conducted by Emergen Research indicate a promising trajectory, forecasting a compound annual growth rate (CAGR) of 5.2% in terms of revenue during the forecast period. The impetus behind this upswing is attributed to the escalating demand for monochloroacetic acid, stemming from its pivotal role in facilitating precision farming methodologies. The rapid and widespread integration of this compound serves as a catalyst in augmenting food production capacities, thereby contributing significantly to...

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CBI & Cardiff City FC sign agreement for Football At AlphaVerse

CBI & Cardiff City FC sign agreement for Football At AlphaVerse Crypto Blockchain Industries (CBI) Announces Landmark Partnership with Cardiff City FC to Bring Innovative Virtual Experiences to Football Fans Paris, France – August 16th 2023 – – CRYPTO BLOCKCHAIN INDUSTRIES (CBI, Euronext Growth Paris : FR0014007LW0 – ALCBI), a leading French company specializing in blockchain technology, video games, professional applications and selected crypto projects, is delighted to announce a strategic partnership with Cardiff City FC, a top-tier football club in the United Kingdom. This collaboration aims to develop a unique virtual world within CBI’s flagship “Football at AlphaVerse” project. Under this agreement, CBI will recreate a digital universe mirroring Cardiff City FC’s ecosystem, allowing fans from across the...

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Volta Finance Limited – Net Asset Value as at 31 July 2023

Volta Finance Limited (VTA / VTAS) – July 2023 monthly report NOT FOR RELEASE, DISTRIBUTION, OR PUBLICATION, IN WHOLE OR PART, IN OR INTO THE UNITED STATES ***** Guernsey, 16 August 2023 AXA IM has published the Volta Finance Limited (the “Company” or “Volta Finance” or “Volta”) monthly report for June 2023. The full report is attached to this release and will be available on Volta’s website shortly (www.voltafinance.com). PERFORMANCE and PORTFOLIO ACTIVITY July saw further performance for the CLO asset class as a whole, leading to +3.82% performance for Volta. Looking at Volta over the last 12 months, the performance is +12.8% through its financial year. This was mainly driven by the carry of the CLO asset class (c.92% of Volta’s assets excluding cash), both from strong CLO Equity distributions as well as from the continued increase in...

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