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Month: February 2024

Nokia adds Virtual Power Plant to its leading energy efficiency solution portfolio #MWC24

Press Release Nokia adds Virtual Power Plant to its leading energy efficiency solution portfolio #MWC24Nokia’s innovative Virtual Power Plant Controller Software helps mobile operators monetize the existing backup batteries at base station sites Joins Nokia’s portfolio of market-leading energy-efficient solutions that reduce the energy consumption, carbon emissions and related costs of mobile networks Nokia also introduces ‘zero traffic, zero energy’ extreme deep sleep power mode for Massive MIMO radios, and the Liquid Cooled baseband hotel solution Demonstrates Nokia’s continued commitment to the energy efficiency of its products   22nd February 2024Espoo, Finland – Nokia today announced the launch of the Nokia Virtual Power Plant (VPP) Controller Software, a unique near-real-time software-based end-to-end platform that helps...

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cBrain guides continued growth and solid earnings in 2024 and suggests a dividend raise by 33%

  Company Announcement no. 02/2024 cBrain guides continued growth and solid earnings in 2024 and suggests a dividend raise by 33%   Copenhagen, February 22, 2024   The cBrain 2023-2025 growth plan is based on organic growth and strong positive cash flow. In order to execute the plan, cBrain has reallocated internal resources to help build a climate software market position and a partner ecosystem. cBrain (NASDAQ: CBRAIN) has communicated that the reallocation of resources would negatively impact growth as well as earnings during the investment period. cBrain therefore communicated an ambition to reach 20% revenue growth during 2023-2024 as well as a lower level of earnings. Despite the reallocation of resources, cBrain experiences significant growth in both sale of software licenses and software subscriptions as the customer base continue...

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AS Tallink Grupp unaudited consolidated Interim Report for the fourth quarter and 12 months of 2023

The results of AS Tallink Grupp for the fourth quarter and 12 months 2023 will be introduced at an Investor Webinar held today at 12:00 (EEST). To participate, please join via the following link; we kindly ask participants to provide their questions latest by 11:00 am by email to: investor@tallink.ee. Further details are available in a previously published announcement. In the financial year 2023 (1 January – 31 December), AS Tallink Grupp and its subsidiaries (hereinafter referred to as “the Group”) carried 5 705 600 passengers, which is 4.5% more than in the financial year 2022. The number of cargo units transported decreased by 20.9% compared to the previous financial year. The Group’s unaudited consolidated revenue amounted to EUR 835.3 million (EUR 771.4 million in the financial year 2022), up by 8.3% year-on-year. Unaudited EBITDA...

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IOT in Manufacturing Market Set to Soar Past USD 2114.33 Billion by 2031

The global IOT in Manufacturing market size is expected to reach USD 2114.33 billion by 2031 and exhibit a CAGR of 23.30% in the forecast period (2024−2031), according to Skyquest’s latest research report. The improved operational efficiency through real-time monitoring and data analytics, enhanced predictive maintenance, which reduces downtime and maintenance costs, increased automation and robotics integration, leading to greater precision and productivity, improved supply chain management and inventory control, and the potential for developing new revenue streams through IoT-enabled products and services is fueling the market’s growth. Westford,USA, Feb. 22, 2024 (GLOBE NEWSWIRE) — According to SkyQuest’s latest global research of the IoT in the Manufacturing market, increasing adoption of edge computing and...

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BioPorto announces preliminary results for 2023 and provides strategic update for the period 2024-2026

February 22, 2024 Announcement no. 03 BioPorto announces preliminary results for 2023 and provides strategic update for the period 2024-2026 COPENHAGEN, DENMARK and BOSTON, MA, February 22, 2024, (GLOBE NEWSWIRE) – BioPorto A/S (BioPorto or the Company) (CPH:BIOPOR), today announced its preliminary results for 2023 and described its strategy and expectations for 2024-2026 and beyond. Securing FDA clearance and meeting financial targets in 2023 In December 2023, BioPorto passed a major milestone when it received US Food and Drug Administration (FDA) 510(k) clearance for its NGAL test, ProNephro AKI™ (NGAL), for pediatric and young adult use (ages 3 months through 21 years) on the Roche cobas® c 501 analyzer. ProNephro AKI (NGAL) is designed to help doctors identify intensive care unit (ICU) patients at risk of developing or having...

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Solid delivery in 2023 – ISS initiates a share buyback programme of DKK 1 billion

Company Announcement Copenhagen, 22 February 2024 No. 3/2023 ISS today announces its full year 2023 financial results HighlightsBusiness momentum was maintained during the last part of 2023, with organic growth of 7.1% in Q4 2023 (Q4 2022: 10.1%) and 9.7% for the full-year 2023 (2022: 8.4%), primarily driven by price increases and underlying volume growth. Total revenue for the quarter amounted to DKK 20.4 billion. The underlying operating margin (excl. impact of hyperinflation in Türkiye) improved to 4.6% for the full-year 2023 (2022: 4.0%) and 5.5% in H2 2023 (H2 2022: 4.8%). One-off costs of DKK 233 million related to the review of OneISS initiatives were recognised in H2 2023, resulting in a reported operating margin of 4.3% for 2023. ISS secured a new key account IFS contract with the Danish Building and Property Agency as well...

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Outlook for 2024 and decision to initiate share buyback programme

Company Announcement Copenhagen, 22 February 2024 No. 2/2024 Outlook for 2024 and decision to initiate share buyback programme ISS A/S, a leading workplace experience and facility management company, is today announcing outlook for 2024. The outlook is excluding any effects of hyperinflation (IAS 29).Organic growth is expected to be 4 – 6%. Operating margin is expected to be above 5% The expectation for free cash flow is based on an underlying free cash flow of above DKK 2.4 billion, equalling a cash conversion of above 60%. However, in 2024 free cash flow is expected to be above DKK 1.8 billion (2023: DKK 1.8 billion), adversely impacted by timing effects including certain payments being withheld by Deutsche Telekom.Additionally, the Board of Directors has decided to initiate a share buyback programme of DKK 1 billion to be executed...

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Van Lanschot Kempen: net profit €125.2 million, with net AuM inflows at €5.3 billion in 2023

Amsterdam/’s-Hertogenbosch, the Netherlands, 22 February 2024Net profit increased to €125.2 million (2022: €84.3 million), mainly on higher commission income, interest income and a book profit on the sale of a stake in the portfolio of participating interests Net AuM inflows: €5.3 billion, of which Private Clients €2.3 billion and Wholesale & Institutional Clients €3.1 billion Client assets: €145.0 billion (2022: €124.2 billion) and AuM: €127.6 billion (2022: €107.8 billion) Strong capital ratio of 19.6% (2022: 20.6%), well above 17.5% target 2023 dividend proposal: €2.00 per share (2022: €1.75 per share) Investor Day on 20 June 2024: update on wealth management strategy and financial targetsMaarten Edixhoven, Chair of the Management Board, said: “2023 was a good year for Van Lanschot Kempen, with strong net profit and more than...

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TRAINERS’ HOUSE GROUP FINANCIAL STATEMENT RELEASE 1 JANUARY – 31 DECEMBER 2023

TRAINERS’ HOUSE GROUP, STOCK EXCHANGE RELEASE, 22 FEBRUARY 2024 at 8:30 January-December 2023 in briefnet sales EUR 8.4 million (EUR 9.8 million), change of -13.5 % compared to the corresponding period of the previous year operating result EUR -0.1 million (EUR 0.6 million), -1.2 % of net sales (5.9 %) cash flow from operations EUR 0.2 million (EUR 1.0 million) earnings per share EUR -0.04 (EUR 0.27)October-December 2023 in briefnet sales EUR 1.9 million (EUR 2.5 million), change of -23.2 % compared to the corresponding period of the previous year operating result EUR -0.2 million (EUR 0.1 million), -8.9 % of net sales (3.1 %) cash flow from operations EUR 0.1 million (EUR 0.5 million) earnings per share EUR -0.08 (EUR 0.04)Key figures at the end of 2023cash and cash equivalents EUR 1.2 million (EUR 2.2 million) interest-bearing...

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Stolt-Nielsen Limited Board Recommends Final Dividend of $1.50 per Common Share

LONDON, February 22, 2024 – Stolt-Nielsen Limited (Oslo Børs: SNI) announced today that the Company’s Board of Directors recommended a final dividend for 2023 of $1.50 per Common Share, payable on May 9, 2024 to shareholders of record as of April 25, 2024. The shares will trade ex-dividend on and after April 24, 2024. The dividend, which is subject to shareholder approval, will be voted on at the Company’s Annual General Meeting of Shareholders scheduled for April 18, 2024 in Bermuda. If approved, this will bring the full dividend for 2023 to $2.50 per Common Share. For additional information please contact: Jens F. Grüner-HeggeChief Financial OfficerU.K. +44 (0) 20 7611 8985j.gruner-hegge@stolt.com Ellie DavisonHead of Corporate CommunicationsU.K. +44 (0) 20 7611 8926e.davison@stolt.com   About Stolt-Nielsen LimitedStolt-Nielsen (SNL...

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