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Day: May 23, 2024

Marimekko Corporation: Managers’ transactions (Kangas-Kärki)

Marimekko Corporation, Managers’ transactions, 23 May 2024 at 2.00 p.m. Marimekko Corporation: Managers’ transactions (Kangas-Kärki) Marimekko Corporation’s Annual General Meeting held on 16 April 2024 resolved that approximately 40 percent of the annual remuneration of the members of the Board of Directors will be paid in Marimekko’s shares acquired from the market. Pursuant to the resolution, shares have been acquired as follows: ____________________________________________ Person subject to the notification requirementName: Kangas-Kärki, TeemuPosition: Member of the Board/Deputy memberIssuer: Marimekko CorporationLEI: 74370053IOY42B9YJ350 Notification type: INITIAL NOTIFICATIONReference number: 74370053IOY42B9YJ350_20240522093447_41____________________________________________ Transaction date: 2024-05-21Venue: XHELInstrument type:...

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Marimekko Corporation: Managers’ transactions (Takebayashi)

Marimekko Corporation, Managers’ transactions, 23 May 2024 at 2.00 p.m. Marimekko Corporation: Managers’ transactions (Takebayashi) Marimekko Corporation’s Annual General Meeting held on 16 April 2024 resolved that approximately 40 percent of the annual remuneration of the members of the Board of Directors will be paid in Marimekko’s shares acquired from the market. Pursuant to the resolution, shares have been acquired as follows: ____________________________________________ Person subject to the notification requirementName: Takebayashi, TomokiPosition: Member of the Board/Deputy memberIssuer: Marimekko CorporationLEI: 74370053IOY42B9YJ350 Notification type: INITIAL NOTIFICATIONReference number: 74370053IOY42B9YJ350_20240522093447_42____________________________________________ Transaction date: 2024-05-21Venue: XHELInstrument type:...

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Marimekko Corporation: Managers’ transactions (Chen)

Marimekko Corporation, Managers’ transactions, 23 May 2024 at 2.00 p.m. Marimekko Corporation: Managers’ transactions (Chen) Marimekko Corporation’s Annual General Meeting held on 16 April 2024 resolved that approximately 40 percent of the annual remuneration of the members of the Board of Directors will be paid in Marimekko’s shares acquired from the market. Pursuant to the resolution, shares have been acquired as follows: ____________________________________________ Person subject to the notification requirementName: Chen, CarolPosition: Member of the Board/Deputy memberIssuer: Marimekko CorporationLEI: 74370053IOY42B9YJ350 Notification type: INITIAL NOTIFICATIONReference number: 74370053IOY42B9YJ350_20240522093447_40____________________________________________ Transaction date: 2024-05-21Venue: XHELInstrument type: SHAREISIN:...

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Titan Machinery Inc. Announces Results for Fiscal First Quarter Ended April 30, 2024

– Updates Fiscal 2025 Modeling Assumptions – WEST FARGO, N.D., May 23, 2024 (GLOBE NEWSWIRE) — Titan Machinery Inc. (Nasdaq: TITN) (“Titan” or the “Company”), a leading network of full-service agricultural and construction equipment stores, today reported financial results for the fiscal first quarter ended April 30, 2024. “Our first quarter results reflected an industry-wide transition to a more challenging market environment, characterized by softening demand and excess supply of inventory in many product categories as OEM delivery timelines returned to normal and as new sales converted to used trade-ins,” stated Bryan Knutson, Titan Machinery’s President and Chief Executive Officer. “Lower net farm income and the extended duration of higher interest rates are impacting farmer...

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CSW Industrials Reports Record Fiscal 2024 Fourth Quarter and Full Year Results

DALLAS, May 23, 2024 (GLOBE NEWSWIRE) — CSW Industrials, Inc. (Nasdaq: CSWI or the “Company”) today reported record results for the fiscal 2024 fourth quarter and full year periods ended March 31, 2024. Fiscal 2024 Fourth Quarter Highlights (comparisons to fiscal 2023 fourth quarter)Total revenue increased 7.8% to $210.9 million, driven by organic growth of 6.0% Net income attributable to CSWI increased 17.4% to $31.8 million, compared to $27.1 million Earnings per diluted share (EPS) increased 16.9% to $2.04, compared to $1.74 EBITDA grew 13.0% to $55.8 million, including margin expansion of 130 bps to 26.5% Maintained balance sheet strength and strong cash flows, resulting in a leverage ratio (Debt to EBITDA), in accordance with our credit facility, of approximately 0.73xFiscal 2024 Full Year Highlights (comparisons...

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Bilibili Inc. Announces First Quarter 2024 Financial Results

SHANGHAI, China, May 23, 2024 (GLOBE NEWSWIRE) — Bilibili Inc. (“Bilibili” or the “Company”) (NASDAQ: BILI and HKEX: 9626), an iconic brand and a leading video community for young generations in China, today announced its unaudited financial results for the first quarter ended March 31, 2024. First Quarter 2024 Highlights:Total net revenues were RMB5.66 billion (US$784.5 million), representing an increase of 12% year over year.Advertising revenues were RMB1.67 billion (US$231.1 million), representing an increase of 31% year over year. Value-added services (VAS) revenues were RMB2.53 billion (US$350.3 million), representing an increase of 17% year over year.Gross profit was RMB1.61 billion (US$222.3 million), representing an increase of 45% year over year. Gross profit margin reached 28.3%, improving from 21.8% in the same...

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KE Holdings Inc. Announces First Quarter 2024 Unaudited Financial Results

BEIJING, May 23, 2024 (GLOBE NEWSWIRE) — KE Holdings Inc. (“Beike” or the “Company”) (NYSE: BEKE and HKEX: 2423), a leading integrated online and offline platform for housing transactions and services, today announced its unaudited financial results for the first quarter ended March 31, 2024. Business and Financial Highlights for the First Quarter 2024Gross transaction value (GTV)1 was RMB629.9 billion (US$87.2 billion), a decrease of 35.2% year-over-year. GTV of existing home transactions was RMB453.2 billion (US$62.8 billion), a decrease of 31.8% year-over-year. GTV of new home transactions was RMB151.8 billion (US$21.0 billion), a decrease of 45.4% year-over-year. GTV of home renovation and furnishing was RMB3.4 billion (US$0.5 billion), an increase of 26.1% year-over-year. GTV of emerging and other services was RMB21.5 billion (US$3.0...

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Correction: The Finnish Financial Supervisory Authority has approved the prospectus concerning the partial demerger of Cargotec and listing of Kalmar

CARGOTEC CORPORATION, STOCK EXCHANGE RELEASE, 23 MAY 2024 AT 1:30 PM (EEST) Correction: The Finnish Financial Supervisory Authority has approved the prospectus concerning the partial demerger of Cargotec and listing of Kalmar Cargotec Corporation corrects its stock exchange release published on 22 May 2024, which concerned the publication of the prospectus on the partial demerger of Cargotec and the listing of Kalmar. The original stock exchange release erroneously contained in the table setting forth unaudited key figures presented on a pro forma basis a key figure called “Interest-bearing net debt / EBITDA”. The corrected stock exchange release, from which the erroneous key figure in question has been removed, is included below in its entirety. *** Cargotec Corporation (“Cargotec”) announced on 1 February 2024 the approval of a demerger...

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HSBC – DEALINGS DISCLOSURE – XP Power Limited

PROPOSED ACQUISITION OF XP POWER LIMITED DEALINGS DISCLOSUREINTRODUCTION The Hongkong and Shanghai Banking Corporation Limited, Singapore Branch (“HSBC“) refers to the non-binding cash proposal (the “Proposal“) by Advanced Energy Industries, Inc. (the “Offeror“) to acquire the entire share capital of XP Power Limited (the “Company“) for a cash consideration of £19.50 per share, as announced on 21 May 2024 (the “Announcement“). As stated in the Announcement, HSBC, together with J. P. Morgan Securities Asia Private Limited, are the joint financial advisers to the Offeror in respect of the Proposal. All capitalised terms used and not defined herein shall have the same meanings given to them in the Joint Announcement. DISCLOSURE OF DEALINGSPursuant to Rule 12.1 of the...

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Atour Lifestyle Holdings Limited Reports First Quarter of 2024 Unaudited Financial Results

A total of 1,302 hotels, or 148,149 hotel rooms, in operation as of March 31, 2024. Net revenues for the first quarter of 2024 increased by 89.7% year-over-year to RMB1,468 million (US$203 million), compared with RMB774 million for the same period of 2023. Net income for the first quarter of 2024 increased by 1326.0% year-over-year to RMB258 million (US$36 million), compared with RMB18 million for the same period of 2023. Adjusted net income (non-GAAP)1 for the first quarter of 2024 increased by 63.4% year-over-year to RMB261 million (US$36 million), compared with RMB160 million for the same period of 2023. EBITDA (non-GAAP)2 for the first quarter of 2024 increased by 291.3% year-over-year to RMB351 million (US$49 million), compared with RMB90 million for the same period of 2023. Adjusted EBITDA (non-GAAP)3 for the first quarter of 2024...

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