Month: August 2023

Interim Report for the period 1 January –30 June 2023

Written by Customer Service on August 14, 2023. Posted in Earnings Releases And Operating Results.

The Supervisory Board of Tivoli A/S has adopted the Interim Report for the period 1 January – 30 June 2023. Results for the period 1 January – 30 June 2023 in outline:A revenue of DKK 416.0 million compared to DKK 387.9 million last year (+7%). An EBITDA of DKK -16.0 million compared to DKK 5.1 million last year. A loss before tax of DKK -74.7 million compared to a loss before tax of DKK -55.8 million last year. An attendance figure of 1,257,000 visitors compared to 1,199,000 last year (5%).The net loss for the first half of 2023 is better than expected at the start of the year and the profit for the 2nd quarter is the best 2nd quarter in Tivoli’s history. The loss before tax is higher than the same period in 2022 which was expected. The increased loss despite a higher revenue, is partly due to Tivoli receiving fixed cost compensation...

Structural Core Materials Market to Surpass 3700.2 Million by 2030 Drives Due to Increase in Demand for Sustainable Energy

Written by Customer Service on August 14, 2023. Posted in Mergers And Acquisitions.

SkyQuest projects that the structural core materials market will attain a value of USD 3700.2 million by 2030, with a CAGR of 8.8% over the forecast period (2023-2030). Structural core materials are manufactured using various intermediates, including carbon fiber, glass fiber, resins, honeycombs, and balsa wood. These materials play a vital role in the structural core materials market, which holds immense significance in the U.S. economy. According to the Associated General Contractors (AGC), the construction industry in the United States employs over 7 million individuals and contributes to the creation of nearly $1.4 trillion worth of structures annually. Westford, USA, Aug. 14, 2023 (GLOBE NEWSWIRE) — According to SkyQuest, the global increase in demand for sustainable energy has emerged as a significant driving force behind...

Niu Technologies Announces Second Quarter 2023 Financial Results

Written by Customer Service on August 14, 2023. Posted in Earnings Releases And Operating Results.

— Second Quarter Total Volume of e-scooter sales up 1.5% year over year — Second Quarter Revenues of RMB 828.8 million, up 0.1% year over year — Second Quarter Net Loss of RMB 1.9 million, compared to net income of RMB 14.4 million in the same period of last year BEIJING, Aug. 14, 2023 (GLOBE NEWSWIRE) — Niu Technologies (“NIU”, or “the Company”) (NASDAQ: NIU), the world’s leading provider of smart urban mobility solutions, today announced its financial results for the second quarter ended June 30, 2023. Second Quarter 2023 Financial HighlightsRevenues were RMB 828.8 million, an increase of 0.1% year over year Gross margin was 23.1%, compared with 20.3% in the second quarter of last year Net loss was RMB 1.9 million, compared with net income of RMB 14.4 million in the second quarter of last year Adjusted net...

PGS ASA: Initiation of share buy-back for settlement of PRSU’s granted under Long Term Incentive Plan for employees

Written by Customer Service on August 14, 2023. Posted in Public Companies.

August 14, 2023 – PGS ASA (the «Company») has decided to initiate a share buy-back program to cover settlement of Performance based Restricted Stock Units (“PRSU’s”) granted under the Company’s 2020 Long Term Incentive Plan for employees. The buy-back program will be conducted in accordance with the authorization to purchase treasury shares provided to the Board of Directors by the Company’s Annual General Meeting held on April 26, 2023. The program will commence on August 14, 2023 and continue until August 18, 2023. The shares purchased under this program will be used in connection with the Company’s Long Term Incentive Plan for employees. The share buy-back program will be for a maximum of 1,600,000 PGS shares and will comprise purchase of own shares for an aggregate amount of up to NOK 13,000,000. The number of shares purchased per...

RCI BANQUE, WHICH OPERATES UNDER THE MOBILIZE FINANCIAL SERVICES BRAND, ANNOUNCES THE SALE OF ITS RUSSIAN LEASING SUBSIDIARY

Written by Customer Service on August 14, 2023. Posted in Public Companies.

PRESS RELEASE14th August 2023 RCI BANQUE, WHICH OPERATES UNDER THE MOBILIZE FINANCIAL SERVICES BRAND, ANNOUNCES THE SALE OF ITS RUSSIAN LEASING SUBSIDIARY On August the 3rd, 2023, Insight Investment Group LLC closed a deal to acquire 100% of RNL Leasing LLC (together with its affiliate RNL Finance LLC) from RCI Banque SA.This divestment represents the final step in the withdrawal of RCI Banque SA from the Russian Federation, in line with the decision made by the Renault Group in 2022.Details of the agreement are not subject to disclosure. About Mobilize Financial Services   Attentive to the needs of all its customers, Mobilize Financial Services, a subsidiary of Renault Group, creates innovative financial services to build sustainable mobility for all. Mobilize Financial Services, which began operations nearly...

Toothpaste Market Size to Worth USD 25.71 Billion by 2030 | With a 4.7% CAGR

Written by Customer Service on August 14, 2023. Posted in Mergers And Acquisitions.

The global toothpaste market covered major segments by Type (Teeth Whitening, Herbal, Sensitive Teeth, and Others), by End-User (Adults and Children), and by Distribution Channel (Supermarket/Hypermarket, Convenience Stores, Pharmaceutical & Drug Stores, and Online), and Regional Forecast, and Others. Pune, India, Aug. 14, 2023 (GLOBE NEWSWIRE) — The global toothpaste market size was valued at USD 18.11 billion in 2022 and is expected to be worth USD 18.70 billion in 2023. The market is projected to reach USD 25.71 billion by 2030, recording a CAGR of 4.7% during the forecast period. More people are becoming aware of the benefits and importance of maintaining a proper oral care routine, which has significantly boosted the demand for toothpaste. These products are known to protect teeth and gums from cavities and other dental...

European Energy A/S: Louise Hahn steps down as Member of the Board of Directors

Written by Customer Service on August 14, 2023. Posted in Public Companies.

Company Announcement 13/2023 (14.08.2023) As of 14 August 2023, Louise Hahn steps down as Member of the Board of Directors of European Energy A/S. Chair of the Board of Directors, Jens Due Olsen, says: “Unfortunately, it is not compatible for Louise Hahn to continue as Member of the Board in her new position. On behalf of the Board, I would like to thank Louise Hahn for her contribution. We wish her all the best in her future endeavours.” For further information, please contact Jens Due Olsen: jdo@europeanenergy.com. This Company Announcement has been made in accordance with Regulation (EU) No 596/2014 on market abuse (the “Market Abuse Regulation”) and contains information that prior to its disclosure may have constituted inside information under the Market Abuse Regulation.

Exor becomes a long-term investor in Philips supporting the company’s strategy

Written by Customer Service on August 14, 2023. Posted in Public Companies.

Press Information August 14, 2023 Exor becomes a long-term investor in Philips supporting the company’s strategy Amsterdam, the Netherlands – Royal Philips (NYSE: PHG; AEX: PHIA), a global leader in health technology, and Exor N.V. (AEX: EXO), the Netherlands-based diversified holding company, announce they have entered into a relationship agreement as a result of which Exor has bought a 15% shareholding in Philips. This investment by Exor is fully supportive of Philips’ leadership, strategy and value creation potential and provides for Exor to nominate one member to the Supervisory Board of Philips. Philips’ strategy and value creation plan with sustainable impact is based on its purpose to improve people’s health and well-being through meaningful innovation. The company has leading market positions in attractive health technology...

Ad hoc announcement: GAM cancels the EGM scheduled for 18 August 2023

Written by Customer Service on August 14, 2023. Posted in Public Companies.

14 August 2023 PRESS RELEASE Ad hoc announcement pursuant to Art. 53 Listing Rules: GAM cancels the EGM scheduled for 18 August 2023 The Board of Directors (the “Board”) of GAM Holding AG (“GAM”) has decided to cancel the Extraordinary General Meeting (“EGM”) scheduled for 18 August 2023. Rock Investment SAS (“Rock”), part of the investor group Newgame, wrote to GAM on 7 June 2023, supplemented by another letter dated 15 June 2023, requesting that an EGM be convened, on or about 16 August 2023, with a set of agenda items and proposed motions (“Rock Proposals”). The Board confirmed on 28 July 2023 that the EGM was convened for 18 August 2023. On 7 August 2023, Rock requested that the EGM be postponed. On 9 August 2023, Rock withdrew the Rock Proposals and asked for the EGM to be cancelled. In a further letter dated...

Valneva Announces PDUFA Date Extension for Chikungunya Virus Vaccine Candidate

Written by Customer Service on August 14, 2023. Posted in Public Companies.

Saint–Herblain (France), August 14, 2023 – Valneva SE (Nasdaq: VALN; Euronext Paris: VLA), a specialty vaccine company, today announced that the U.S. Food and Drug Administration (FDA) has revised the Prescription Drug User Fee Act (PDUFA) action date for the Biologics License Application (BLA) for VLA1553, Valneva’s chikungunya virus vaccine candidate, from the previously communicated end of August to the end of November. The FDA extended the PDUFA date to allow sufficient time to align and agree on the phase 4 program necessary under the accelerated approval pathway. No additional clinical data have been requested for the approval process. Valneva is committed to working with the FDA in its ongoing review of the BLA, and to potentially delivering the world’s first chikungunya vaccine. The Company reconfirms its previous guidance...

Month: August 2023

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