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Day: November 17, 2023

Karolinska Development’s portfolio company Umecrine Cognition raises additional funding for the clinical development of golexanolone

STOCKHOLM, SWEDEN – November 17, 2023. Karolinska Development AB (Nasdaq Stockholm: KDEV) today announces that the portfolio company Umecrine Cognition has conducted a capital raise, implemented as a convertible loan with attached share options, for the continued development of its drug candidate golexanolone. Karolinska Development participates as part of an investor consortium in the financing round that brings Umecrine Cognition a total of SEK 30.4 million. The investor consortium consists of Karolinska Development, AB Ility, Ribbskottet AB, and other current long-term shareholders in Umecrine Cognition. The dilutive effect of the transaction will result in a negative earnings effect of SEK 12 million for Karolinska Development in the fourth quarter of 2023. The funding will be used to finance the ongoing clinical Phase 2 trial of golexanolone...

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HOYLU AB PUBLISHES THE INTERIM REPORT FOR JANUARY – SEPTEMBER 2023

Stockholm, Sweden, November 17, 2023 FIRST NINE MONTHS 2023Annual Recurring Revenue (ARR), including long-term service contracts, increased to MSEK 61.8 during the period, up 26% from Q3 2022. Revenue for the first nine months of 2023 was MSEK 42.0, an increase of 22% compared to the first nine months of 2022. EBITDA for the nine months of 2023 was negative MSEK 12.0 compared to negative MSEK 22.5 in the first nine months of 2022.The complete version of The First Half Year Report for 2023 is attached in this press release and is available on Hoylu’s web site (www.hoylu.com/investor-relations/financial-reports/). For more information, please contact: Truls Baklid, CEO Hoylu + 47 924 38 900 Email: tob@hoylu.comKarl Wiersholm, CFO Hoylu + 1 425 829 2316 Email: kw@hoylu.com About Hoylu Hoylu’s visual collaboration technology empowers...

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Byggmästare Anders J Ahlström Holding AB (publ): Delårsrapport 2023 tredje kvartalet

Byggmästare Anders J Ahlström Holding AB (publ) publicerar idag delårsrapport avseende tredje kvartalet 2023 för moderbolaget respektive för koncernen. Juli – September 2023Justerat substansvärde uppgick till 267 kronor den 30 september 2023, en minskning från 340 kronor per 30 juni 2023. Innehavet i Volta Trucks har skrivits ned till noll kronor. Under perioden uppgick totala investeringar till 46,1 mkr. Investering har skett i Volta om 46,1 mkr. Nettoomsättning uppgick till 222,8 mkr (234,0). Rörelseresultat exklusive orealiserade värdeförändringar på finansiella instrument och effekter från omklassificeringar i innehaven uppgick till -27,1 mkr (33,3). Resultat före skatt uppgick till -557,4 mkr (382,7) och resultat per aktie uppgick till -77,14 kr (52,51).Januari – September 2023Justerat substansvärde uppgick till 267 kronor...

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DayDayCook Announces Pricing of Initial Public Offering

NEW YORK, Nov. 17, 2023 (GLOBE NEWSWIRE) — DDC Enterprise Ltd, (NYSEAM: DDC) (“DayDayCook” or the “Company”), a leading content-driven food consumer brand, today announced the pricing of its initial public offering of 3,900,000 of its Class A Ordinary Shares at a price of $8.50 per share. All the Class A Ordinary Shares are being offered by DayDayCook. In addition, DayDayCook has granted the underwriters a 30-day option to purchase an additional 585,000 shares of its common stock at the initial public offering price, less the underwriting discounts and commissions. The gross proceeds to DayDayCook from the offering, before deducting underwriting discounts and commissions and other offering expenses payable by the Company, are expected to be $33.15 million. The offering is expected to close on November 21, 2023, subject to the satisfaction...

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L’oréal Successfully Prices a 1.5 Billion Euros Dual Tranche Bond

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES, CANADA, JAPAN OR AUSTRALIA L’ORÉAL SUCCESSFULLY PRICES A 1.5 BILLION EURO DUAL TRANCHE BOND Clichy, 16 November 2023 – L’Oréal today announces that it has successfully priced a public bond offering for an aggregate nominal amount of €1.5 billion. The offering is composed of two tranches: – A €800 million long 3-year fixed rate bond paying a coupon of 3.375 % p.a. – A €700 million 6-year fixed rate bond paying a coupon of 3.375 % p.a. The net proceeds of the bonds will be used by the Issuer to refinance in part its outstanding €1 billion, 0.375 percent bond due 29 March 2024 and its €750 million variable rate bond due March 2024. The bonds, which are rated AA (Stable) by S&P and Aa1 (Stable) by Moody’s, will be admitted...

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33/2023 Green Hydrogen Systems adjusts its revenue guidance for 2023

Company announcement 33/2023 Green Hydrogen Systems adjusts its revenue guidance for 2023 Kolding, Denmark, 17 November 2023 – Due to a further delay in quality-compliant deliveries of key components to the A-Series electrolysers, Green Hydrogen Systems adjusts its revenue guidance for 2023. The adjustment is reflected in a new expectation for revenue for the full year 2023 in the range of DKK 30 to 45 million (previously: DKK 120 to 160 million). In the trading statement for Q3 2023 (company announcement 32/2023), the Company highlighted the risk of not meeting the revenue guidance for 2023 if delays in the component supply chain, in the electrolyser product finalisation or in the needed factory acceptance tests would occur. With further delays in the component supply chain, this risk has materialised, resulting in an adjustment to the...

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Interim Report – January-September 2023

STOCKHOLM – 17 November 2023. Karolinska Development AB (Nasdaq Stockholm: KDEV) today publishes its Interim Report – January-September 2023. The full report is available on the Company’s website. “It’s clear that our portfolio companies have unique competence in their respective therapeutic areas. Karolinska Development will, economic turbulence notwithstanding, continue to support the development of new treatments that can extend people’s lifespans and enhance their quality of life. Patients’ and society’s need for medical progress does not depend on the economic climate”, says Viktor Drvota, CEO, Karolinska Development. Significant events during the third quarterThe portfolio company Umecrine Cognition presented results from a study on a preclinical model of Parkinson’s disease at the 6th World Parkinson Congress in Barcelona,...

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TCM Group A/S: Interim report Q3 2023

COMPANY ANNOUNCEMENT No. 182/2023         Tvis, 17 November 2023 Interim report Q3 2023 (July 1 – September 30) (All figures in brackets refer to the corresponding period in 2022 – AUBO Production A/S is incl.in the figures as from 3 July 2023) Q3 results confirmed, and outlook re-iterated. CEO Torben Paulin:“As stated in our Company Announcement no. 181 dated 18 October 2023, sales in Q3 and order intake in the first half of October had not met our expectations, despite a positive development in B2C sales in especially the Svane Køkkenet brand, and as a result we adjusted our sales outlook for 2023. Sales and or-der-intake has since the announcement developed in-line with our adjusted expectations. In Q3 the underlying gross margin improved slightly compared to Q2, driven by an improved sales mix because of the AUBO acquisition,...

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Apiculture Market to Worth USD 16.48 Billion by 2030 | Fortune Business Insights™

Key Companies in the apiculture market are Capilano Honey Ltd. (Australia) , Organic Bee Farms (U.S.) , Dabur Ltd. (India), NOW Foods (U.S.) , Koster Keunen LLC (U.S.), Barkman Honey (U.S.) , Heavenly Organics (U.S.) , Strahl & Pitsch Inc., (U.S.), Miller’s Honey (U.S.), Durham’s Bee Farm (U.S.)Apiculture MarketApiculture Market SizePune, India, Nov. 17, 2023 (GLOBE NEWSWIRE) — The apiculture market size stood at USD 10.58 billion in 2022 and is anticipated to increase from USD 11.15 billion in 2023 to USD 16.48 billion by 2030, registering a CAGR of 5.75% from 2023 to 2030. Several commercial and scientific procedures are used to nurture and culture honeybees. Apiculture also known as beekeeping is anticipated to witness rapid growth during the forecast period. The rapid expansion of the health-conscious trend...

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Dairy Foods Market Size to Reach USD 1,374.37 Billion by 2030 | Fortune Business Insights™

Key Companies in dairy foods market are Fonterra Co-operative Group Limited (New Zealand), Arla Foods Group (Denmark), Friesland Campina (Netherlands), Unilever Plc (U.K.), Danone S.A. (France), Lactalis International (France), Nestle S.A. (U.S.), Dairy Farmers of America, Inc. (U.S.), GCMMF (India), and The Kraft Heinz Company (U.S.).Dairy Foods MarketDairy Foods Market SizePune, India, Nov. 17, 2023 (GLOBE NEWSWIRE) — The global dairy foods market size was valued at USD 827.89 billion in 2022 and is expected to be worth USD 890.15 billion in 2023. The market is projected to reach USD 1,374.37 billion by 2030, recording a CAGR of 6.40% during the forecast period. Dairy foods mainly comprise products that are made from milk, such as spreads, cheeses, ice creams, and other items. The annual demand for and consumption of...

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