Month: July 2024
Company Announcement
11 July 2024 Announcement No. 20
NKT announces preliminary Q2 2024 financial figures and updates financial outlook for 2024
NKT provides preliminary financial figures for Q2 2024 and updates the financial outlook for 2024 following a positive performance in the first half of the year.
NKT President and CEO Claes Westerlind says: – Preliminary financial figures for Q2 2024 demonstrate a strong first half of the year with continued high revenue growth and increased operational EBITDA. We are satisfied with the financial performance and continue to execute on our high-voltage order backlog, as well as ongoing investments across business lines.
Q2 2024: Preliminary financial figures The preliminary revenues (std. metal prices) for Q2 2024 are EUR 605m (EUR 468m in Q2 2023) and preliminary operational EBITDA...
Iveco Group N.V. to present its 2024 Second Quarter Results on 24th July 2024
Written by Customer Service on . Posted in Public Companies.
Turin, 11th July 2024. Iveco Group N.V. (EXM: IVG) confirmed today that its financial results for the Second Quarter of 2024 will be presented on Wednesday, 24th July 2024.
A live audio webcast of the conference call will begin at 11:00 am CEST / 10:00 am BST on Wednesday, 24th July 2024.
Details for accessing the webcast are available at the following link:
Q2 2024 Iveco Group Webcast
The related press release and presentation will be posted on the corporate website at www.ivecogroup.com on Wednesday, 24th May 2024.
For those unable to take part in the live session, a replay will be available in the Investors section of the company website (www.ivecogroup.com) following the conference call.
Iveco Group N.V. (EXM: IVG) is the home of unique people and brands that power your business and mission to advance a more sustainable society....
Alvotech Announces Closing of Private Debt Financing
Written by Customer Service on . Posted in Public Companies.
Alvotech (NASDAQ: ALVO), a global biotech company specializing in the development and manufacture of biosimilar medicines for patients worldwide, today announced the closing of its previously announced senior secured first lien term loan facility (the “Facility”). The closing has allowed Alvotech to refinance outstanding debt obligations, reduce the cost of capital and improve its overall debt maturity profile.
Following the closing of the Facility, which included the settlement of existing debt obligations, Alvotech has a total gross borrowings balance of $1,035 million, and cash balance of $185 million, which includes $18 million of cash on hand, $25 million of restricted cash and estimated net proceeds of $142 million, at the time of close. Available cash will be used to continue advancing Alvotech’s existing development pipeline,...
Alvotech Announces Closing of Private Debt Financing
Written by Customer Service on . Posted in Public Companies.
REYKJAVIK, Iceland, July 11, 2024 (GLOBE NEWSWIRE) — Alvotech (NASDAQ: ALVO), a global biotech company specializing in the development and manufacture of biosimilar medicines for patients worldwide, today announced the closing of its previously announced senior secured first lien term loan facility (the “Facility”). The closing has allowed Alvotech to refinance outstanding debt obligations, reduce the cost of capital and improve its overall debt maturity profile.
Following the closing of the Facility, which included the settlement of existing debt obligations, Alvotech has a total gross borrowings balance of $1,035 million, and cash balance of $185 million, which includes $18 million of cash on hand, $25 million of restricted cash and estimated net proceeds of $142 million, at the time of close. Available cash will be used to continue...
ALM. BRAND RESTRICTED TIER 1 NOTES
Written by Customer Service on . Posted in Public Companies.
FIXING OF COUPON FROM July 12 2024
Interest coupon for the period 12.07.2024 – 12.10.2024:
DK0030497953, (RT1), 3 months CIBOR +3,6067%: 7,0067% p.a.
Contact
Please direct any questions regarding this announcement to:
Investors and equity analysts:
Direktør, IR Rating og ESG RapporteringMads Lerche ThinggaardMobile no. +45 2025 5469AttachmentAlm. Brand – Fixing of Coupon RT1 July 2024
Share Buyback Transaction Details July 4 – July 10, 2024
Written by Customer Service on . Posted in Public Companies.
PRESS RELEASE
Share Buyback Transaction Details July 4 – July 10, 2024
Alphen aan den Rijn – July 11, 2024 – Wolters Kluwer (Euronext: WKL), a global leader in professional information, software solutions, and services, today reports that it has repurchased 115,744 of its own ordinary shares in the period from July 4, 2024, up to and including July 10, 2024, for €17.8 million and at an average share price of €154.04.
These repurchases are part of the share buyback program announced on February 21, 2024, under which we intend to repurchase shares for €1 billion during 2024.
The cumulative amounts repurchased in the year to date under this program are as follows:
Share Buyback 2024Period
Cumulative shares repurchased in period
Total consideration(€ million)
Average share price(€)2024 to...
AMERICAN SALARS MAKES NEW LITHIUM DISCOVERY WITH GRADES UP TO 180 PPM AT ITS BLACK ROCK SOUTH PROJECT, NEVADA
Written by Customer Service on . Posted in Public Companies.
VANCOUVER, BC, July 11, 2024 (GLOBE NEWSWIRE) — AMERICAN SALARS LITHIUM INC. (“AMERICAN SALARS” OR THE “COMPANY”) (CSE: USLI, OTC: ASALF, FWB: Z3P, WKN: A3E2NY) announces it has received the assay results from ALS Geochemistry Laboratory in Reno Nevada (“ALS”) from soil samples collected at the Black Rock South lithium brine project, located 72 Miles North of the Tesla Gigafactory in Nevada. Samples were processed using Boyd RSD rotary crushers and splitter with a 180-micron (80 mesh) sieve, aqua regia digestion, and 41 multi-element ICP-AES analysis (code ME-ICP41).
HighlightsOut of the 38 soil samples, 33 recorded lithium concentrations of 100 ppm or higher with the highest sample recording 180.5 ppm lithium with an average grade of the 33 samples of 131 ppm across the surface of the property.Anomalous...
Indegene Announces Strategic Collaboration with Microsoft to Help Life Sciences Companies Scale Up Generative AI Adoption and Accelerate Business Impact
Written by Customer Service on . Posted in Public Companies.
PRINCETON, N.J. and BENGALURU, India, July 11, 2024 (GLOBE NEWSWIRE) — Indegene today announced a strategic collaboration with Microsoft to empower global life sciences companies to scale up the adoption of purpose-built, enterprise-grade Generative AI (GenAI) services, thereby driving faster innovation at scale.
Indegene and Microsoft have committed to developing resources in highly specialized and skilled medical and technology tools to co-innovate generative AI services and workflows across commercial, medical, regulatory, and clinical functions.
“GenAI presents a once-in-a-decade opportunity for life sciences companies to modernize business processes and reimagine the effectiveness and efficiency of their operations throughout the value chain. Using GenAI, we’re closely working with many of our clients to solve specific business...
Stolt-Nielsen Limited Reports Unaudited Results For the Second Quarter and First Half of 2024
Written by Customer Service on . Posted in Earnings Releases And Operating Results.
LONDON, July 11, 2024 – Stolt-Nielsen Limited (Oslo Børs ticker: SNI) today reported unaudited results for the second quarter and first half ending May 31, 2024. The Company reported a second-quarter net profit of $100.2 million with revenue of $741.1 million, compared with a net profit of $8.3 million with revenue of $721.9 million in the second quarter of 2023 when the Company recorded a loss provision of $155 million ($115.0 million after tax) related to the MSC Flaminia loss provision. The net profit for the first six months of 2024 was $204.1 million with revenue of $1,448.5 million, compared with a net profit of $108.1 million (net of the MSC Flaminia loss provision of $115.0 million after tax), with revenue of $1,430.6 million, in the first six months of 2023.
Highlights for the second quarter of 2024, compared with the second...
Tryg A/S – Q2 and H1 report 2024
Written by Customer Service on . Posted in Earnings Releases And Operating Results.
Tryg’s Supervisory Board has today approved the Q2 and H1 2024 interim report.
Tryg reported an insurance service result of DKK 2,212m (DKK 1,759m) and a combined ratio of 76.8 (80.9) in Q2 2024, supported by a solid growth in the Private & Commercial segments and a positive underlying performance. The insurance service result was helped by a benign large claims experience against a highly unfavorable one in the corresponding period in 2023. The underlying claims ratio for the Group improved by 40 basis points, whilst the Private segment displayed a deterioration of 40 basis points driven by, as expected, a higher motor claims frequency and a higher average claims cost. Tryg reported a top-line growth of 3.9% mainly driven by price adjustments across all segments to offset inflationary pressure, whilst there was a continued and...
