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Day: April 25, 2024

Tim Kirchen appointed Executive Vice President, UPM Raflatac and member of the Group Executive Team

UPM-Kymmene Corporation        Stock Exchange Release (Changes board/management/auditors)        25 April 2024 at 09:45 EEST Tim Kirchen appointed Executive Vice President, UPM Raflatac and member of the Group Executive Team Tim Kirchen has been appointed Executive Vice President, UPM Raflatac. He will be a member of UPM’s Group Executive Team and report to Massimo Reynaudo, President and CEO. Tim Kirchen, born 1980, is currently Senior Vice President, Americas region at UPM Raflatac. He has been in this role and based in USA since 2018, when he joined UPM. Earlier in his career, he has held several senior positions at SIG Combibloc Group. Tim is a German and US citizen, and he holds a Diploma in Business Administration from University of Applied Science in Trier, Germany and an MBA from Midwestern State University, USA. Tim will be based...

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BE Semiconductor Industries N.V. Announces Q1-24 Results

Q1-24 Revenue of € 146.3 Million and Net Income of € 34.0 MillionRevenue Exceeds Midpoint of Guidance and Gross Margin above Guidance DUIVEN, the Netherlands, April 25, 2024 (GLOBE NEWSWIRE) — BE Semiconductor Industries N.V. (the “Company” or “Besi”) (Euronext Amsterdam: BESI; OTC markets: BESIY), a leading manufacturer of assembly equipment for the semiconductor industry, today announced its results for the first quarter ended March 31, 2024. Key HighlightsRevenue of € 146.3 million, above midpoint of guidance. Down 8.3% vs. Q4-23 due primarily to lower shipments for high-performance computing and automotive end-user markets, partially offset by higher shipments for high-end mobile applications. Up 9.7% vs. Q1-23 due to higher shipments for 2.5D and 3D applications partially offset by weakness in smartphone...

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Green Hydrogen Systems and BWSC sign strategic collaboration agreement on green hydrogen projects

Press release 03/2024 Green Hydrogen Systems and BWSC sign strategic collaboration agreement on green hydrogen projects Kolding, Denmark, 25 April 2024 — Green Hydrogen Systems A/S and BWSC, an international engineering company and service provider, have signed a strategic collaboration agreement to expand their current collaboration on advancing green hydrogen projects. This strategic collaboration agreement is a continuation of the collaboration between Green Hydrogen Systems and BWSC on the installation of the X-Series prototype at GreenLab in Skive, Denmark. This joint installation project, initiated in April 2023, covered initial site layout and site preparation as well as installation of Green Hydrogen Systems’ 6 MW HyProvide X-Series prototype module. The 6 MW HyProvide X-Series prototype module is now in operation and producing...

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Prospera Energy Inc. 2024 Corporate Update

CALGARY, Alberta, April 25, 2024 (GLOBE NEWSWIRE) — Prospera Energy Inc. (“Prospera” or the “Company”) (TSX.V: PEI, OTC: GXRFF, FRA: OF6B, OF6B.SG, OF6B.F, OF6B.BE). Prospera Energy Inc. announces that the filing of its audited annual financial statements, management’s discussion and analysis and related CEO and CFO certifications for the financial year ended December 31, 2023 (the “Required Filings“), will be delayed beyond the filing deadline of April 29, 2024, and as a result is in default of its obligations under Part 4 of National Instrument 51-102 Continuous Disclosure Obligations. The delay in the completion of the Required Filings is because of PEI’s auditors requesting additional time to complete the audit which contain complex business transactions including GORR financing & improved policies for...

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DOVRE GROUP TRADING STATEMENT JANUARY 1 – MARCH 31, 2024

Dovre Group Plc                     Stock exchange release                     April 25, 2024, at 9.15 a.m. DOVRE GROUP TRADING STATEMENT JANUARY 1 – MARCH 31, 2024 Significant write-down of a single renewable project led to a negative operating profit Dovre Group Plc issues today a trading statement for the three months ended on March 31, 2024. The figures presented in this trading statement are not audited. Last year’s corresponding period in parentheses. January – March 2024Net sales EUR 42.3 (45.8) million – decrease 7.6%Project Personnel: net sales EUR 25.2 (24.8) million – increase 1.7% Consulting: net sales EUR 3.6 (5.1) million – decrease 29.6% Renewable Energy: net sales EUR 13.5 (15.9) million – decrease 15.1%EBITDA EUR -4.6 (1.9) million Operating result EUR -4.9 (1.7) million Result before tax EUR -5.1 (1.5)...

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Daniel Karpovič steps down as Head of B2B at Telia Lietuva

Daniel Karpovič, Head of Enterprise (B2B) at Telia Lietuva, AB (hereinafter “Telia Lietuva” or “the Company”), is leaving the Company as of 1 July 2024. Aurimas Žlibinas, Head of Key Accounts unit at Telia Lietuva, has been appointed interim Head of B2B. The selection of the new Head of B2B of the Company will be made primarily from internal candidates. Daniel Karpovič joined the Company in 2017 as Head of Commercial and Product Management for Business Customers. He has been the Head of B2B unit at Telia Lietuva since June 2019. Prior to that, he worked in various telecommunications businesses in Lithuania, Estonia and Kazakhstan. Darius Džiaugys, Head of Investor Relations, tel. +370 5 236 7878, e-mail: darius.dziaugys@telia.lt

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UPM Interim Report Q1 2024: A positive start to the year, growth investments contributed to earnings

UPM-Kymmene Corporation        Stock Exchange Release (Interim Report)        25 April 2024 at 09:05 EEST UPM Interim Report Q1 2024:A positive start to the year, growth investments contributed to earnings Q1 2024 highlights        Sales decreased by 5% to EUR 2,640 million (2,787 million in Q1 2023) Comparable EBIT decreased by 6% to EUR 333 million, 12.6% of sales (356 million, 12.8%) Operating cash flow was solid at EUR 335 million (714 million), including seasonal increase in working capital Net debt was EUR 2,312 million (2,167 million) and the net debt to EBITDA ratio was 1.46 (0.82) Successful margin management and recovering market demand continued in most businesses UPM Paso de los Toros pulp mill reached positive Q1 EBIT, production at 83% of capacity Sale of the Steyrermühl site, Austria in January CDP recognised UPM with...

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Hermès International: First Quarter 2024 Revenue

Quarterly information report as at the end of March 2024 Solid sales growth in the first quarter (+17% at constant exchange rates and +13% at current exchange rates) Paris, 25 April 2024 The group’s consolidated revenue amounted to €3,805 million in the first quarter of 2024, up 17% at constant exchange rates and 13% at current exchange rates, with a solid activity in all geographical areas. Axel Dumas, Executive Chairman of Hermès, said: “The solid sales growth in the first quarter 2024 reflects the loyalty of our clients worldwide, the strength of the group’s artisanal model and the desirability of our creations in a more complex environment. Hermès pursues its strategy based on exceptional know-how, the finest materials and uncompromising quality.” Sales by geographical area at the end of March(at constant exchange rates unless otherwise...

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Sdiptech AB (publ) publishes interim report for the first quarter (January-March) 2024

Press release25 April 2024, 08:00 Sdiptech AB (publ) publishes interim report for the first quarter (January-March) 2024The report is available on the company’s website: www.sdiptech.se CONTINUED GROWTH WITH SOLID CASH FLOW FIRST QUARTER 2024Net sales increased by 24% to SEK 1,335 million (1,076). In total for the Group, organic sales growth was 10%, excluding currency effects.EBITA, increased by 24% to SEK 255 million (206), corresponding to an EBITA margin of 19.1% (19.2)Adjusted EBITA increased by 24% to SEK 251 million (203), corresponding to an adjusted EBITA margin of 18.8% (18.9). Organic adjusted EBITA growth for the Group was 5%, excl. currency effects.Profit before tax for the Group amounted to SEK 158 (134) million and profit after tax amounted to SEK 107 million (96), of which SEK 106 million (96) was attributable...

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Crossject reports audited financial results for 2023

Dijon, France April 25, 2024 — Crossject (ISIN: FR0011716265; Euronext: ALCJ), a specialty pharmaceuticals company developing products for emergency situations harnessing its proprietary needle-free auto-injectors technology platform ZENEO®, reports its audited financial results for the year ending December 31, 2023. These results are now available on the Company’s website. Key financial information as of December 31, 2023 Crossject’s financial results for the year ending December 31, 2023 have now been fully audited with a minor change of -0.17 M€ compared to the previous report, released on March 29 and available here. All reports relating to financials for the year 2023 will be available on the Crossject website from April 30 and are also presented in the appendices below. The table below summarizes our income statement for the...

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