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Day: February 29, 2024

Vaisala has published Annual Report 2023

Vaisala Corporation Stock exchange release March 29, 2024, at 10:00 a.m. (EET) Vaisala has published Annual Report 2023 Vaisala Corporation has today published its Annual Report 2023. Vaisala’s Annual Report 2023 includes Board of Directors’ Report, Financial Statements and Auditor’s Report, Corporate Governance Statement, Remuneration Report, disclosure of non-financial information as well as sustainability information reported according to the GRI (Global Reporting Initiatives) Standards Guidelines. The Annual Report is available on the company’s website at vaisala.com/annualreport. The Corporate Governance Statement and the Remuneration Report included in the Annual Report are also available as separate documents on the company’s website at vaisala.com/investors. Vaisala has published its financial statements in European Single...

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Unaudited financial results of VILVI GROUP for the 12 months of 2023

Preliminary unaudited data, consolidated sales revenue of VILVI GROUP for 12 months of 2023 amounted to 212.2 million EUR – 9.3% decreased comparing to last year (sales revenue of 2022 amounted to 234.1 million EUR). The net profit of group for 12 months of 2023 was 14.6 million EUR (the net profit for 2022 was 12.7 milion EUR).       Please find attached presentation of consolidated unaudited results of VILVI GROUP for 12 months of  2023.    Vilija Milaseviciute    Economics and Finance Director    Phone: +370 441 55 102AttachmentThe results of 12 months of 2023

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Utenos Trikotažas Group: Demand for Textile Manufacturing Expected to Recover in Second Half of the Year

Last year’s sales were severely affected by the global slowdown in demand, including the textile sector. The SBA Textile Group Utenos Trikotažas generated revenues of EUR 22.2 million in 2023, down 35.7% year-on-year. The last quarter of the year stood out for sales of the company’s owned brand, UTENOS, with a jump of 27.4%. “We are witnessing demand slowly returning to the manufacturing market, but due to the specific nature of the textile sector, it will take more time before any positive shift in financial flows. Inflation, rising interest rates, and geopolitical concerns have led to a sharp contraction in consumption. Many even very strong brands recorded declining sales, with some being forced to close their operations,” says Nomeda Kaučikienė, Head of Utenos Trikotažas. Operating costs reduced by a fifth – capacity...

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FirstFarms A/S secures large capital injection from the Heartland Group and positions itself for strong growth

CEO Anders H. Nørgaard.Heartland Group invests 186 mDKK in FirstFarms. With the capital injection in the form of a directed share issue and issuance of convertible bonds (as further described below), FirstFarms is strongly positioned to execute on its ambitious “Strategy 2028”, with the purpose to increase turnover and earnings by 100 percent. This will be achieved through organic growth and acquisitions. It is accordingly agreed that the gross proceeds of 186 mDKK shall be used for FirstFarms’ further development and implementation of FirstFarms’ strategy. Simultaneously, FirstFarms will continue its development towards a more sustainable operation. “It is with pleasure and pride that we have attracted such a large and recognised investor. We share values with the Heartland Group and have a common interest in...

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VAALCO Energy, Inc. Announces Accretive All Cash Acquisition Expanding Its West African Footprint

HOUSTON, Feb. 29, 2024 (GLOBE NEWSWIRE) — VAALCO Energy, Inc. (NYSE: EGY; LSE: EGY) (“VAALCO” or the “Company”) today announced that it has entered into a sales and purchase agreement (“SPA”) to acquire Svenska Petroleum Exploration AB (“Svenska”), a privately-held exploration and production (“E&P”) company based in Stockholm, Sweden (the “Acquisition”). Svenska’s primary asset is a 27.39% non-operated working interest in the deepwater producing Baobab field in Block CI-40, offshore Cote d’Ivoire in West Africa. The gross consideration for the Acquisition is $66.5 million, subject to customary closing adjustments, with an effective date of October 1, 2023. The gross purchase price will be partially funded by a pre-closing dividend of cash on Svenska’s balance sheet to the Seller with the balance funded by a portion of VAALCO’s...

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Year-End Report January – December 2023

Fourth quarter 2023 (compared to fourth quarter 2022)Net sales for the quarter increased to MSEK 13 (8) Gross margin for the quarter amounted to 57% (57%) Operating loss increased to MSEK -12 (-11) Net loss for the period increased to MSEK -29 (-22) Earnings per share before and after dilution amounted to SEK -0.09 (-0.05)January – December 2023 (compared to January – December 2022)Net sales for the period amounted to MSEK 43 (69) Gross margin for the period increased to 63% (62%) Operating profits increased to MSEK 86 (-47) Net income for the period increased to MSEK 70 (-31) Earnings per share before and after dilution increased to SEK 0.29 (-0.20)The report for January – December 2023 is available in its entirety on the following address: https://www.anoto.com/investors/reports/For further information, please contact: Joonhee...

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Significant New Nickel-Copper Discovery at Stendalen

TORONTO, ONTARIO, Feb. 29, 2024 (GLOBE NEWSWIRE) — (“Amaroq” or the “Corporation”) Significant New Nickel-Copper Discovery at Stendalen ***Discovery of significant new strategic metal project 60km from Nalunaq*** **Drill results confirm the presence of high tenor mineralisation, typical of a high grade Nickel-Copper deposits** TORONTO, ONTARIO – January 29, 2024 – Amaroq Minerals Ltd. (AIM, TSXV, NASDAQ Iceland: AMRQ), an independent mine development corporation with a substantial land package of gold and strategic mineral assets across in Southern Greenland, is pleased to announce a significant new Ni-Cu discovery at its Stendalen Project. OverviewOver 140m of disseminated magmatic sulphides containing nickel, copper & cobalt intersected in the first scout drillhole at Stendalen. Sulphides so far intersected are lower grade...

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Subsea 7 S.A. Announces Fourth Quarter and Full Year 2023 Results

Luxembourg – 29 February 2024 – Subsea 7 S.A. (Oslo Børs: SUBC, ADR: SUBCY, ISIN: LU0075646355, the Company) announced today results of Subsea7 Group (the Group, Subsea7) for the fourth quarter and full year which ended 31 December 2023. Unless otherwise stated the comparative period is the full year which ended 31 December 2022.   Fourth quarter and full year highlights  At least $1 billion of shareholder returns over four years through a combination of dividends and share repurchases Full year Adjusted EBITDA of $714 million, up 28% year-on-year, equating to a margin of 12% Fourth quarter Adjusted EBITDA of $245 million, a margin of 15%, up 45% on the prior year period Full year order intake of $7.4 billion resulted in a book-to-bill of 1.2 times and continued backlog growth to $10.6 billion Full year 2024 guidance reconfirmed: Adjusted...

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AB KN Energies holds a Webinar regarding unaudited financial results for the twelve months of 2023

On the 29th of February 2024 at 9:00 (EET) AB KN Energies holds a conference webinar for its shareholders, investors, mass media representatives and other stakeholders. The presentation is held in English. The webinar is hosted by KN Chief Executive Officer Darius Šilenskis and Chief Financial Officer Tomas Tumėnas who will introduce the Group’s financial results for the twelve months of 2023 and will answer the participant questions. Webinar presentation is enclosed.Tomas Tumėnas, Chief Financial Officer, +370 46 391772AttachmentKN_activity results for_2023_Q4

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AB KN Energies unaudited financial information for the twelve months of 2023

AB KN Energies (hereinafter – KN, the Company) announces the unaudited consolidated (hereinafter – the Group) and separate financial results for the twelve months ended 31 December 2023. Key financial indicators for the 12 months of 2023:EUR millions Group Company  12 months of 2023 12 months of 2022 12 months of 2023 12 months of 2022Revenue 83.5 77.8 80.4 74.7EBITDA 35.6 35.0 34.6 33.7Net profit (loss) 13.2 (5.9) 12.8 (6.7)Adjusted net profit (loss) 7.0 8.9 6.5 8.0Management comment: Regulated LNG activities revenue for the 12 months of 2023 reached EUR 48.7 million and is higher by EUR 4.1 million or 9.3% compared to the same period of 2022 (EUR 44.6 million). The main reasons: (1) higher regasification revenue by EUR 11.5 million due to increased demand and regasification tariff from 0.41 EUR/MWh (from May 2022...

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