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Month: April 2024

Recording of LHV Group’s 23 April investor webinar

To give an overview of the 2024 Q1 financial results, LHV Group organised an investor meeting webinar on 23 April. An overview of the company’s progress was given by Madis Toomsalu, Chairman of the Management Board of LHV Group and Meelis Paakspuu, CFO of LHV Group. The live coverage was followed by 35 participants, the live feed of the presentation was broadcast over Zoom. Recording of the investor meeting (in Estonian) is available at: https://youtu.be/Ngt7yh6aHAs. Presentation (in English): https://www.lhv.ee/assets/files/investor/LHV_Group_Presentation_2024-Q1-EN.pdf.Priit Rum Communications Manager Phone: +372 502 0786 Email: priit.rum@lhv.ee 

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Panevezio statybos trestas AB Has Signed 156 mln. Eur Contract with Ignalina Nuclear Power Plant for Construction of Repository for Radioactive Waste

Panevezio statybos trestas AB has signed the 156 mln. Eur (VAT inclusive) contract with the Ignalina Nuclear Power Plant (INPP) for construction of the repository for low and intermediate-level short-lived radioactive waste and performance of relevant works. The works are scheduled for the period of 4.5 years. The repository will be built at the Stabatiskes site in the Visaginas Municipality near other radioactive waste management facilities of the INPP. It will consist of three reinforced concrete modules which can accommodate up to 100,000 cubic meters of final packaging of radioactive waste.  ‘Over the history of the company’s operation, we have completed many large-scale, technologically complex projects – from a swimming pool meeting the Olympic standards to combined cycle power plants. Construction of the repository for the...

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Teledyne e2v and Airy3D collaboration delivers more affordable 3D vision solutions

GRENOBLE, France, April 23, 2024 (GLOBE NEWSWIRE) — Teledyne e2v, a Teledyne Technologies [NYSE: TDY] company and global innovator of imaging solutions, is pleased to announce a new technology and design collaboration with Airy3D (Montreal, Canada), a leading 3D vision solution provider. The first result of this partnership is the co-engineering of the recently announced Topaz5D™, a low-cost, low power, passive, 2 megapixel global shutter sensor which produces 2D images and 3D depth maps. Arnaud Foucher, Business Team Director at Teledyne e2v, said, “We’re very excited to have collaborated with Airy3D on the development of Topaz5D, our latest unique CMOS sensor. The need to deploy alternative 3D vision solutions in different industries is crucial. Teledyne e2v’s image sensor design capability coupled with Airy3D’s proven...

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Innofactor Plc’s Interim Report for January 1–March 31, 2024 (IFRS)

Innofactor Plc Interim Report April 23, 2024, at 9:00 Finnish time Innofactor increased its net sales in the first quarter of 2024 in spite of the continued challenging market situation   January–March 2024 in brief:Net sales were approximately EUR 21.2 million (2023: 20.2), representing an increase of 4.8% The operating margin was approximately EUR 2.6 million (2023: 2.5), which shows an increase of 4.6% Operating profit was EUR 1.8 million (2023: 1.7), representing an increase of 7.3% The order backlog at the end of the review period was EUR 68.8 million (2023: 76.3), representing a decrease of 9.8%Key figures of the group, IFRS             . Jan 1–Mar 31, 2024 Jan 1–Mar 31, 2023 ChangeNet sales, EUR thousand 21,186 20,223 4.8%Growth of net sales 4.8% 19.2%  Operating result...

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SFL – Acquisition of two LNG dual-fuel chemical carriers in combination with long term employment

SFL Corporation Ltd. (NYSE: SFL) (“SFL” or the “Company”) today announced that it has agreed to acquire two LNG dual-fuel 33,000 dwt chemical carriers. The vessels are built in 2022/2023 and fitted with stainless steel cargo tanks, and the aggregate purchase price is approximately $114 million. SFL has arranged long term employment for the vessels with affiliates of Stolt Tankers, a subsidiary of the world-leading chemical logistics company Stolt-Nielsen Limited (“Stolt-Nielsen”). The Company expects to take delivery of the vessels between June and August this year and both vessels will be employed for a minimum of eight years. One vessel will be on a fixed rate time-charter and one vessel will be employed in a pool with similar-sized vessels. The fixed rate vessel has extension options of up to three years, in addition to purchase options...

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eQ Plc’s interim report Q1 2024 – eQ’s profit fell

eQ Plc interim report23 April 2024 at 8:00 AM January to March 2024 in briefDuring the financial period, the Group’s net revenue totalled EUR 16.5 million (EUR 17.7 million from 1 Jan. to 31 Mar. 2023). The Group’s net fee and commission income was EUR 16.0 million (EUR 17.5 million). The Group’s operating profit fell by 12% to EUR 8.8 million (EUR 10.0 million). The Group’s profit was EUR 7.0 million (EUR 7.9 million). The consolidated earnings per share were EUR 0.17 (EUR 0.20). The net revenue of the Asset Management segment decreased by 11% to EUR 15.1 million (EUR 17.1 million) and the operating profit by 18% to EUR 8.9 million (EUR 10.7 million). The management fees of the Asset Management segment fell by 10% to EUR 14.0 million (EUR 15.6 million) and the performance fees fell by 17% to EUR 1.4 million (EUR 1.6 million)....

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LHV Group unaudited financial results for Q1 2024

For LHV, the first quarter of the year demonstrated strong results, affected by the higher-than-planned increase in business volumes and the interest environment remaining at the same level. In Q1 of 2024, AS LHV Group generated EUR 40.7 million in net profit. AS LHV Pank earned EUR 36.8 million and LHV Bank Limited EUR 4.9 million in net profit. AS LHV Varahaldus generated a net loss of EUR 220 thousand in Q1, and AS LHV Kindlustus generated a net profit of EUR 256 thousand. The return on equity attributable to the shareholders of the Group was 28.5% in Q1. In Q1 2024, the consolidation group generated a net income of EUR 85.4 million, which is almost as much as in the previous quarter. Year-on-year, the consolidated income increased by 25%. Of the revenue, net interest income accounted for EUR 68.9 million, and net fee and commission...

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Novartis delivers double-digit sales growth and core margin expansion in Q1; FY 2024 guidance raised

Ad hoc announcement pursuant to Art. 53 LRQ1 net sales grew +11% (cc1, +10% USD) with core operating income up +22% (cc, +16% USD)Key growth drivers continued strong sales momentum including Entresto (+36% cc), Cosentyx (+25% cc), Kesimpta (+66% cc), Kisqali (+54% cc), Pluvicto (+47% cc) and Leqvio (+139% cc) Core operating income margin 38.4%, +340 basis points (cc), mainly driven by higher net salesOperating income grew +39% (cc, +29% USD) and net income grew +37% (cc, +25% USD), mainly driven by higher net sales Core EPS grew +23% (cc, +17% USD) to USD 1.80 Free cash flow1 USD 2.0 billion (-24% USD) declined due to a prior-year one-timer and timing of payments Q1 selected innovation milestones:Fabhalta (iptacopan) FDA filing accepted for IgAN and positive CHMP opinion for PNH Scemblix Phase III ASC4FIRST study met both primary...

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EfTEN United Property Fund distributes approximately 260 000 euros to investors

EfTEN Capital AS, as the management company of the EfTEN United Property Fund (stock market ticker EFCUPFFT, ISIN code EE3500001609) decided to make a cash distribution of 10,451 euro cents per unit from the fund to the unitholders. The distribution constitutes 1,32 of the fund’s latest closing price. This is the first distribution of the EfTEN United Property Fund in 2024. Since the listing of EfTEN United Property Fund on the Nasdaq Tallinn stock market in May 2022, the fund has made distributions in the amount of 60,7 euro cents per unit. The distribution is based on receipts from the fund’s three underlying funds (EfTEN Real Estate Fund AS, EfTEN Kinnisvarafond II AS, EfTEN Residential Fund). The list of unitholders eligible for distribution will be fixed as of the end of the business day of the settlement system of the securities...

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Golden Sky Announces Commencement of a Geophysical IP Survey at the Rayfield Copper-Gold Property, South-Central British Columbia

VANCOUVER, British Columbia, April 22, 2024 (GLOBE NEWSWIRE) — Golden Sky Minerals Corp. (AUEN.V) (“Golden Sky” or “The Company”) is pleased to announce that it has commenced a 15-line kilometre geophysical induced-polarization (IP) survey at the Rayfield Target zone on its 100%-owned Rayfield Copper-Gold Property in south-central British Columbia, Canada (Figures 1 & 2). The geophysical program is designed to test the core of the 3.0 km x 1.5 km soil geochemical anomaly to a depth of up to 700 m (Figure 3). Phase 2 will consist of up to 3,000 metres of diamond drilling to test the geochemical anomalies and geophysical anomalies identified from the IP survey. The 35,000-hectare Rayfield property is located in the Quesnel Trough, British Columbia’s primary copper-producing belt, which hosts Teck Resources’ Highland Valley Mine,...

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