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Year: 2024

LanzaTech and Eramet announce plans for first-of-a-kind integrated Carbon Capture, Utilization and Storage (CCUS) project in Norway

CHICAGO, Oct. 31, 2024 (GLOBE NEWSWIRE) — LanzaTech Global, Inc. (NASDAQ: LNZA) (“LanzaTech”), the carbon recycling company transforming above-ground carbon into sustainable fuels, chemicals, materials, and proteins, today announced plans to develop a commercial-scale Carbon Capture and Utilization (“CCU”) facility (the “facility”, “plant”, or “project”) at Herøya Industrial Park in Porsgrunn, Norway. The plant will produce ethanol and is expected to begin operations in 2028. Eramet will supply furnace gas as feedstock to the facility from the Porsgrunn Manganese Alloys smelter but will not participate in its financing. To unlock further emissions reductions, the two companies also intend to build upon the CCU infrastructure and, if demonstrated to be feasible, integrate Carbon Capture and Storage (“CCS”) technology as part of...

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CREDIT AGRICOLE SA: Crédit Agricole Leasing & Factoring accelerates the development of its business in Germany, and announces the signing of an agreement to acquire Merca Leasing

Montrouge – October 31, 2024 Crédit Agricole Leasing & Factoring accelerates the development of its business in Germany, and announces the signing of an agreement to acquire Merca Leasing Crédit Agricole Leasing & Factoring (CAL&F) announces the signing of a Share Purchase Agreement (SPA), subject to obtaining the necessary regulatory approvals, to acquire Merca Leasing, one of the top ten independent Leasing companies in Germany1. This operation is in line with CAL&F’s development strategy, which aims to round out its offering in the European market, and particularly in the dynamic German leasing market. Founded in 1989, Merca Leasing is based in Kronberg, near Frankfurt, with branches in Hamburg and Berlin. Mainly focused on SMEs, Merca Leasing offering them tailor-made Leasing solutions with a strong...

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Vistin Pharma ASA: Third quarter and YTD 2024 financial results

Oslo, Norway, 31st of October 2024 Vistin Pharma ASA (VISTN) today announces the financial results for the third quarter of 2024. Revenue in the third quarter ended at MNOK 106 compared to MNOK 120 in Q3 2023. Sales volume in the quarter decreased compared to same quarter last year driven by lower sales volume, safety stock build and lower global Metformin prices. Revenue for first nine months of 2024 ended at MNOK 316 compared to MNOK 328 YTD last year. Third quarter EBITDA ended at record high MNOK 29 compared to MNOK 27 in Q3 2023. EBITDA positively affected by product mix, favorable material cost prices and good cost control in quarter. EBITDA YTD of 2024 equals MNOK 77 compared to MNOK 61 YTD 2023, an increase of 26%. The net profit ended at MNOK 16.6 for the third quarter of 2024. All-time high production volume of 1500MT in the...

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Company announcement for the first nine months of 2024

Company announcement for the first nine months of 2024 Kamilla Hammerich Skytte, CEO, comments on the third quarter of 2024: “The result for the third quarter is stable and is on track with expectations for the full year of 2024. For both the private market and the commercial market, loan impairment charges continued to be at low levels. Following a slow start to the year, activity in the housing market has returned to a more normal level, albeit not nearly to the high level we saw during the Covid-19 pandemic and up until 2022. There has been a stable trend in total home finance lending in the Danske Bank Group across mortgage and bank home loans. We see that customers appreciate the focus that Realkredit Danmark and Danske Bank have on providing advice on home finance across our bank home loan and mortgage credit products. Customers...

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Arcadis Trading Update Q3 2024: Multi-year wins drive significant order intake, margin expansion continues

PRESS RELEASE Arcadis Third Quarter 2024 Trading UpdateMulti-year wins drive significant order intake, margin expansion continues THIRD QUARTER RESULTSMulti-year project wins resulted in significant order intake of €1.3 billion, up 50% yoy, providing further visibility Net revenue of €962 million, good organic growth of 5.0%1) Continued operating EBITA margin2) expansion to 11.4% (Q3’23: 10.7%3)) from strategic initiatives Strong free cash flow generation of €134 million in the quarter (Q3‘23: €117 million)Amsterdam, 31 October 2024 – Arcadis, the world’s leading company delivering data-driven sustainable design, engineering, and consultancy solutions for natural and built assets, sees significant order intake of €1.3 billion from numerous large multi-year project wins. Net revenues of €962 million resulted in good organic growth...

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AS Ekspress Grupp: Consolidated unaudited interim report for Q3 and 9 months of 2024

The revenue of AS Ekspress Grupp for the 3rd quarter of 2024 increased by 2%, totalling EUR 16.8 million and EBITDA decreased by 19%, totalling EUR 2.0 million. The revenue for the first nine months of 2024 also increased year-over-year by 2%, totalling EUR 52.7 million and EBITDA decreased by 9%, totalling EUR 5.5 million. At the end of September, digital revenue made up 88% of the Group’s total revenue. Digital revenue increased by 8% as compared to the same period last year. The digital subscription revenue of the Group’s media companies and the number of people with digital subscriptions grew strongly year-over-year in all three countries. The revenue from ticket platforms and the advertising revenue from outdoor screens have also seen strong growth. The 3rd quarter was successful both in terms of increasing the revenue from...

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Fingerprint Cards AB (publ) publishes interim report for January – September 2024

HighlightsContinued focus on high-margin, high-growth segments, with decision to wind down PC product group. Wind-down of Mobile operations continue according to plan. Please see page 5 for a summary. Gross margin excluding R&D depreciation reached 38.7% (21.2% in Q3 2023). Debt-free: Following the completion of the rights issue, the convertible bonds, amounting to SEK 108.3 M (including accrued interest) was repaid. Operating profit is impacted by two non-cash items: a SEK 34.3 write-down of capitalized R&D projects and a SEK 183.6 M goodwill write-down related to the acquisition of Delta ID that was finalized in 2017. For more information, refer to pages 6-7.Third quarter of 2024Revenues amounted to SEK 102.8 M (184.8*) The gross margin was 18.3 percent (12.8) EBITDA amounted to negative SEK 50.0 M (neg: 40.4) Adjusted...

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RUBIS: Rubis revises 2024 financial guidance

Paris, 31 October 2024, 7:00am Today, Rubis has revised its 2024 financial guidance as follows:EBITDA: €[675-725]m from €[725-775]m Net income Group share (including a €83m net capital gain from Rubis Terminal disposal): €[340-375]m from “stable” vs €354m in FY 2023 Dividend per share: unchanged ie growing vs 2023, in addition to the €0.75 interim dividend related to Rubis Terminal divestmentThe downward revision of the EBITDA guidance stems from a highly volatile macro-environment combined with specific operational headwinds:The recent escalation of conflicts and subsequent regional turmoil in the Middle East over the past months have created a highly volatile environment, with strong upwards and downwards fluctuations and an overall downward trend in oil prices. These evolutions have a direct short-term impact on the value of...

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STMicroelectronics Reports 2024 Third Quarter Financial Results

PR No: C3290C STMicroelectronics Reports 2024 Third Quarter Financial ResultsQ3 net revenues $3.25 billion; gross margin 37.8%; operating margin 11.7%; net income $351 million YTD net revenues $9.95 billion; gross margin 39.9%; operating margin 13.1%; net income $1.22 billion Business outlook at mid-point: Q4 net revenues of $3.32 billion and gross margin of 38% Launch of a new company-wide program to reshape our manufacturing footprint accelerating our wafer fab capacity to 300mm Silicon and 200mm Silicon Carbide and resizing our global cost baseGeneva, October 31, 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 third quarter ended September 28, 2024. This press release also contains non-U.S....

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Danske Bank A/S revises 2024 net profit upwards. Now expects a net profit in the range of DKK 22.5-23.5 billion

Company announcement no 48 2024  Group CommunicationsBernstorffsgade 40DK-1577 København VTel. +45 45 14 00 00 31 October 2024Danske Bank A/S revises 2024 net profit upwards. Now expects a net profit in the range of DKK 22.5-23.5 billion The outlook for 2024 is revised upwards to a net profit in the range of DKK 22.5-23.5 billion. At the release of our upward adjustment on 26 June 2024, we guided for a full-year 2024 net profit in the range of DKK 21-23 billion. The profit upgrade follows two changes. Firstly, we now expect operating expenses for the full year to be around 25.8 billion, reflecting lower than expected non-recurring items, effect from an insurance reimbursement and continued focus on cost management. The outlook now includes non-recurring items of approximately DKK 0.3 billion related to the relocation to the new...

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