Month: April 2024

PRESS RELEASE Regulated Information Antwerp, Belgium 25 April 2024 (7.00 a.m. CET) VGP NV (‘VGP’) and AREIM Pan-European Logistics Fund (D) AB, today announced the signing of the first seed closing between VGP and their 50:50 joint venture, SAGA (The ‘Sixth Joint Venture’). The transaction comprises 17 logistics buildings in 10 VGP Parks. The 17 buildings are located in Germany (6 parks, 8 buildings), the Czech Republic (3 parks, 5 buildings) and Slovakia (1 park, 4 buildings). The transaction with the SAGA Joint Venture will be the 1st closing of a series that will together add up to the pre-agreed investment target of € 1.5 billion. The pricing of the closing has been agreed at a gross asset value of € 437 million. With the transaction VGP is due to generate circa € 280 million of gross cash proceeds. Following the completion...

SIKA OPENS MACROFIBER PRODUCTION HUB IN PERU TO MEET FAST-GROWING DEMAND IN LATIN AMERICA Sika is opening a state-of-the-art facility in Lima, Peru, to produce synthetic macro fibers, and expanding the rollout of a product range with great growth potential in Latin America. With this innovative technology, Sika is further strengthening its position as a leading supplier to the mining industry and a strong partner for infrastructure projects. Synthetic macro fibers are based on an advanced technology for the constructive and static reinforcement of concrete structures. They reduce construction time and costs by eliminating the need to install conventional reinforcement, while improving the properties of cured concrete. In addition, this innovative technology significantly extends the concrete structures’ lifespan compared to steel...

Signs of stabilization in the Eurozone interest markets and Baltic economies were reflected in the consolidated results of EfTEN Real Estate Fund AS for the first quarter of 2024. The fund’s net rental income increased by 0.6% on an annual basis, and the vacancy rate in the real estate portfolio remained low at 2.9%. Interest expenses in the first quarter were higher compared to the same period last year but slightly lower than the fourth quarter of 2023. Construction continued on the elderly home being built next to the Estonian National Museum in Tartu. Completion of the works is scheduled for the upcoming summer, and the new elderly home is set to open to clients in the fall. The consolidated sales income of EfTEN Real Estate Fund AS for the first quarter of 2024 was 7.961 million euros (2023 I quarter: 7.788 million euros). Sales...

The Board of Telia Lietuva, AB (hereinafter “Telia Lietuva” or “the Company”) approved unaudited Telia Lietuva, AB Interim Financial Statements, prepared according to International Financial Reporting Standards as adopted by the European Union, for 3 months’ period ended 31 March 2024. First quarter of 2024 (compared with the same period a year ago):Revenue grew by 1.3% and amounted to EUR 119 million (EUR 117.4 million) Adjusted EBITDA up by 6.2% to EUR 43.9 million (EUR 41.4 million) EBITDA increased by 7.1% and amounted to EUR 43.4 million (EUR 40.5 million) Profit for the period went up by 11.8% to EUR 18.2 million (EUR 16.2 million) Free cash flow went up by 57.4% and amounted to EUR 25.7 million (EUR 16.3 million)Comment by Giedrė Kaminskaitė-Salters, CEO of Telia Lietuva: During the first quarter of 2024 we continued our journey...

INTERIM REPORT for 1 January – 31 March 2024 VERKKOKAUPPA.COM FOCUSED ON PROFITABILITY IN A DECLINING MARKET Verkkokauppa.com Oyj         INTERIM REPORT        25 April 2024, 8:00 a.m. EEST Verkkokauppa.com arranges two virtual news conferences on a result publication day. The news conference in Finnish will be held at 10:00 am Finnish time. The news conference for analysts and institutional investors in English will be at 11:00 am Finnish time. Details of the events and how to participate can be found at the end of this release. This is a summary of Verkkokauppa.com’s Financial Statements Review for 1 January – 31 December 2023. The complete report is attached to this release and also available at https://investors.verkkokauppa.com/en Unless otherwise stated, the comparison figures in brackets refer to the corresponding period in the...

Ad hoc announcement pursuant to Art. 53 LR A conference call will be held on April 25, 2024, at 14:30 CEST / 13:30 BST / 08:30 EDT. Details are at the end of this news release. Santhera Announces Preliminary Unaudited 2023 Annual Results and Provides Corporate Update Ahead of Full Report Publication in May2023 financial key figures:        Revenue from contracts with customers of CHF 103.4 million (2022: CHF 7.5 million)        Net result of CHF 54.8 million (2022: CHF -71.1 million)         Cash flow from operating activities of CHF 47.6 million (2022: CHF -29.8 million) Regulatory approvals in key territories – AGAMREE® (vamorolone) approved for Duchenne muscular dystrophy (DMD) treatment in the U.S., EU and UK, showcasing safety benefits over traditional corticosteroids Strategic partnership – licensing agreement signed with Catalyst...

Business update first quarter 2024 Regulated information 25 April 2024, 7 a.m. CET Business update Q1 2024 attached.AttachmentBusiness Update Q1 2024_EN

(2024-04-25) Kitron today reported strong underlying profitability in a challenging market. Cost initiatives are implemented to maintain operating margins in line with the company’s strategic target. Kitron’s revenue for the first quarter was EUR 173.9 million, compared to 190.6 million last year. There was strong growth within the Defence/Aerospace market sector, while other market sectors showed declines. First-quarter operating profit (EBIT) was EUR 10.6 million, compared to 17.3 million last year. EBITDA was EUR 15.2 million, compared to 21.4 million last year. Profits are impacted by restructuring charges of EUR 4.8 million. Profitability expressed as EBIT margin was 6.1 per cent, including the restructuring charges, compared to 9.1 per cent last year. Profitability adjusted for restructuring charges was 8.8 per cent. The order...

[Ad hoc announcement pursuant to Art. 53 LR] This press release is also available in Français (pdf) and Deutsch (pdf) Follow today’s event live 14:00 CEST Investor Q&A audio webcast Full details on our website …………. Vevey, April 25, 2024 Nestlé reports three-month sales for 2024Organic growth of 1.4%, with pricing of 3.4% and real internal growth (RIG) of -2.0%. Total reported sales were CHF 22.1 billion, a decrease of 5.9% (3M-2023: CHF 23.5 billion). Foreign exchange decreased sales by 6.7%. Net divestitures had a negative impact of 0.6%. Overall, organic sales growth for the Group was driven by Europe and emerging markets, with a negative impact from North America. Full-year 2024 outlook confirmed: we expect organic sales growth of around 4% and a moderate increase in the underlying trading...

PR No: C3254C STMicroelectronics Reports 2024 First Quarter Financial ResultsQ1 net revenues $3.47 billion; gross margin 41.7%; operating margin 15.9%; net income $513 million Q1 free cash flow1 $(134) million after Net Capex1 of $967 million Business outlook at mid-point: Q2 net revenues of $3.2 billion and gross margin of 40%Geneva, April 25, 2024 – STMicroelectronics N.V. (“ST”) (NYSE: STM), a global semiconductor leader serving customers across the spectrum of electronics applications, reported U.S. GAAP financial results for the first quarter ended March 30, 2024. This press release also contains non-U.S. GAAP measures (see Appendix for additional information). ST reported first quarter net revenues of $3.47 billion, gross margin of 41.7%, operating margin of 15.9%, and net income of $513 million or $0.54 diluted earnings per...