Day: August 28, 2023

MT Højgaard Holding A/S: Competition authorities approve sale of Scandi Byg

Written by Customer Service on August 28, 2023. Posted in Public Companies.

MT Højgaard Holding A/S and Nordic Wood Industries A/S have today received final approval by the competition authorities of the sale of Scandi Byg A/S to Nordic Wood Industries A/S, and the conditions for completion of the sale as of 31 December 2023 as planned are thus met. As described in company announcement no. 10/2023 from 5 July 2023, the sales price will be established when the transaction is completed but is still expected to amount to approximately DKK 30 million. The divestment of Scandi Byg will not affect MT Højgaard Holding’s 2023 outlook as Scandi Byg is classified as discontinuing activities and thus not included in group revenue and operating profit. Guidance is thus unchanged, and revenue is expected at the level of DKK 9.0-9.5 billion with operating profit of DKK 200-225 million before special items and potential value...

UTime Limited Announces Nasdaq Ticker Symbol Change to WTO

Written by Customer Service on August 28, 2023. Posted in Public Companies.

SHENZHEN, China, Aug. 28, 2023 (GLOBE NEWSWIRE) — UTime Limited (NASDAQ: UTME; the “Company” or “UTME”) announced that the Company will be changing its ticker symbol from “UTME” to “WTO”. Effective on Tuesday September 5, 2023, the Company’s ordinary shares will trade on Nasdaq under the new symbol “WTO”. “According to the needs of the Company’s future strategy and business development, we will officially change the ticker symbol,” CEO of the Company, Hengcong Qiu commented. “Over the past few years, the Company has actively sought to diversify its business development and has brought us new business growth opportunities in many areas. The change of the Company’s ticker symbol to ‘WTO’ will have a positive impact on building the Company’s long-term brand...

Optical Sensors Market to Surpass 8.08 Billion by 2030 Drives Due to Technological Advancements

Written by Customer Service on August 28, 2023. Posted in Mergers And Acquisitions.

SkyQuest projects that the optical sensors market will attain a USD 8.08 billion value by 2030, with a CAGR of 15.39% over the forecast period (2023-2030).Rapid innovations in sensor technologies, such as miniaturization and integration with IoT, are propelling the global optical sensors market. These advancements enhance performance, accuracy, and application diversity, fostering integration across automotive, consumer electronics, and healthcare industries. Westford,USA, Aug. 28, 2023 (GLOBE NEWSWIRE) — According to SkyQuest, the surge in demand for smart devices such as smartphones, wearables, and smart appliances drives the need for compact, energy-efficient optical sensors. These sensors enable features such as gesture recognition, ambient light adjustment, and proximity sensing, contributing significantly to the optical sensors...

Reykjavík Energy’s Operations Growing

Written by Customer Service on August 28, 2023. Posted in Earnings Releases And Operating Results.

Reykjavík Energy’s (Orkuveita Reykjavíkur; OR) interim consolidated financial statements through Q2 2023 show ongoing considerable investments, rising capital costs, and effects of aluminum price having dropped significantly from the previous year. Revenues have also grown and working capital from operation increased compared to the first half of year 2022. Profit for the period amounted to ISK 1.5 billion. The interim consolidated financial statements for the Reykjavík Energy group, comprising Veitur Utilities, ON Power, Reykjavík Fibre Network, and Carbfix as well as the parent company, were approved by OR’s board today. Substantial investments – debt funding is going well In total, the group’s investments amounted to ISK 10.3 billion in the first six months of the year. It is roughly on par with the same period in 2022. Veitur Utilities’...

Global Event Management Software Market Size to Reach USD 24.45 Billion in 2032 | Emergen Research

Written by Customer Service on August 28, 2023. Posted in Mergers And Acquisitions.

Growing adoption of automated event management tasks system is a key factor driving event management software revenue growth Vancouver, Aug. 28, 2023 (GLOBE NEWSWIRE) — The worldwide market for event management software reached a value of USD 7.43 Billion in the year 2022. Based on the most recent analysis conducted by Emergen Research, it is projected that the market will experience a Compound Annual Growth Rate (CAGR) of 12.8% throughout the forecast period. This upward trajectory in market revenue can be primarily attributed to the increasing acceptance of automated solutions for managing various aspects of events. The surge in adopting automated processes within event management operations is a pivotal driver behind the upsurge in revenue for the event management software sector. The integration of automated functionalities...

Engine Driven Welders Market to Surpass 611.5 Million by 2030 Drives Due to Diverse Industrial Applications

Written by Customer Service on August 28, 2023. Posted in Mergers And Acquisitions.

SkyQuest projects that the engine driven weldersmarket will attain a USD 611.5 million value by 2030, with a CAGR of 4% over the forecast period (2023-2030). Engine-driven welders are witnessing growing demand due to their versatility across industries, from construction to oil and gas. The ability to provide on-site welding power, regardless of grid availability, makes them indispensable for remote and challenging work environments. Westford,USA, Aug. 28, 2023 (GLOBE NEWSWIRE) — According to SkyQuest, market for engine-driven welders is being driven by their inherent mobility, allowing welders to access distant locations easily. This mobility translates to improved project efficiency and reduced downtime, as operators can swiftly move to various job sites without the need for external power sources. Browse in-depth TOC on the...

Carbonated Beverages Market to Worth USD 674.8 Billion by 2030 | Skyquest Technology

Written by Customer Service on August 28, 2023. Posted in Mergers And Acquisitions.

Carbonated beverages market is segmented based on the product, flavor, distribution channel, and region. Based on the product, the global carbonated beverages market is segmented as soft drinks, sports & energy drinks. Based on the flavor, the global carbonated beverages market is segmented into cola, fruit-based, and others. Based on distribution channel, the global carbonated beverages market is segmented into hypermarkets/supermarkets, specialty stores, convenience stores, online stores, and other distribution channels- Industry forecast 2023-2030 Westford,USA, Aug. 28, 2023 (GLOBE NEWSWIRE) — According to SkyQuest, the carbonated beverages market’s growth is expected to be significantly influenced by the enduring popularity of soda drinks among generation X and generation Y consumers. The appeal of these beverages...

Global Saffron Market Size to Reach USD 1,062.8 Million in 2032 | Emergen Research

Written by Customer Service on August 28, 2023. Posted in Mergers And Acquisitions.

Rising demand for food and beverages and changing dietary habits are major factors driving Saffron market revenue growth Vancouver, Aug. 28, 2023 (GLOBE NEWSWIRE) — The global saffron market achieved a size of USD 588.1 million in 2022 and is projected to exhibit a revenue compound annual growth rate (CAGR) of 6.0% throughout the forecast period, as per the most recent analysis conducted by Emergen Research. A key driving factor behind the anticipated growth in market revenue is the increasing disposable incomes and evolving lifestyles among the global population. Notably recognized as the costliest plant globally, saffron is often referred to as “crimson gold” due to its high value. Despite its premium cost, saffron is known for its straightforward cultivation process. The saffron crop is characterized by its low labor...

As Hurricane Idalia approaches the East Coast, Verizon is ready

Written by Customer Service on August 28, 2023. Posted in Public Companies.

TAMPA, Fla., Aug. 28, 2023 (GLOBE NEWSWIRE) — With Hurricane Idalia expected to make landfall in Florida this week, Verizon’s team is working to ensure its people and assets are ready to be deployed at a moment’s notice to assist with rapid recovery efforts of critical communications infrastructure. With the expectation of significant damage from strong winds and flooding from the storm, Verizon’s network team is preparing for the worst. While the use of battery and generator backup systems in critical locations such as cell sites and network operations centers serve to minimize the risk of disruption if commercial power is lost, even the most hardened infrastructure can be shaken by Mother Nature. In case emergency network recovery becomes necessary after Hurricane Idalia makes landfall, Verizon is prepared to respond quickly....

Global Mobile Mapping Market Size to Reach USD 191.59 Billion 2032 | Emergen Research

Written by Customer Service on August 28, 2023. Posted in Mergers And Acquisitions.

Growing investments in smart city projects is a significant factor driving global mobile mapping market revenue growth Vancouver, Aug. 28, 2023 (GLOBE NEWSWIRE) — The anticipated trajectory for the global mobile mapping market indicates a projected valuation of approximately USD 191.59 Billion by 2032, accompanied by a consistent and noteworthy compound annual growth rate (CAGR) of 19.5% throughout the forecast period. This insightful projection is a result of comprehensive analysis conducted by Emergen Research. The escalating employment of geospatial data serves as a primary driver for the sustained revenue escalation within the global mobile mapping market. Mobile mapping encompasses the process of collating geographic information through a diverse range of tools and apparatus affixed to mobile platforms such as vans, drones,...

Day: August 28, 2023

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