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Day: January 10, 2025

Bang & Olufsen interim report for H1 2024/25: Bang & Olufsen reports a Q2 in line with expectations

While the EMEA region and the Americas generated positive revenue growth year-on-year, group revenue was 1% lower due to negative growth in China. The gross margin increased year-on-year to 53.7%. As planned, the directed share issue was successfully completed in November 2024, raising DKK 228 million in gross proceeds. “Our financial year 2024/25 is a transition year, and the second quarter was in line with our expectations and plans. The EMEA region and the Americas generated positive revenue growth year-on-year, while group revenue declined marginally as the Chinese market continues to be challenged. Gross margin improved further year-on-year, providing us with a more robust financial foundation. Demand for our newly launched flagship headphones, H100, exceeded expectations, confirming our strategic direction of strengthening our position...

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Digital subscription results of AS Ekspress Grupp for the fourth quarter of 2024

The total number of digital subscriptions of AS Ekspress Grupp increased by 15% in the Baltic States year-over-year (4th quarter: 7%) and totalled 238 182 at the end of December.The number of digital subscriptions of AS Delfi Meedia that publishes the news portal Delfi, newspapers Eesti Päevaleht, Maaleht, Eesti Ekspress and several popular magazines increased by 12% year-over-year (4th quarter: 2%) and totalled 114 631. The number of digital subscriptions of AS Õhtuleht Kirjastus, 50% of which is owned by Ekspress Grupp, increased by 2% year-over-year (4th quarter: -3%) and totalled 25 257. The number of digital subscriptions of Geenius Meedia OÜ increased by 5% year-over-year (4th quarter: -2%) and totalled 7356. In Latvia, the number of digital subscriptions of Delfi A/S increased by 33% year-over-year (4th quarter: 32%) and totalled...

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Shoals Technologies Group Files Additional Patent Infringement Complaint Against Voltage, LLC with the ITC

Shoals Maintains Commitment to Protecting U.S. Solar Manufacturing and American Jobs PORTLAND, Tenn., Jan. 09, 2025 (GLOBE NEWSWIRE) — Shoals Technologies Group, Inc. (“Shoals”) (Nasdaq: SHLS), a global leader in electrical balance of system (“EBOS”) solutions for the energy transition market, announced today that it has filed a new patent infringement complaint with the U.S. International Trade Commission (“ITC”) against Voltage, LLC and related foreign entity. This complaint cites two new patents (‘375 and ‘376 Patents) that cover Shoals’ Big Lead Assembly (“BLA”) solutions. After filing the pending ‘153 Patent infringement complaint in 2023, Shoals was issued the ‘375 and ‘376 Patents. These new patents relate to an improved trunk bus lead assembly for solar panel arrays and Shoals believes they provide protection against...

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Prospera Energy Inc. Announces Executive Leadership Appointment and Key Financial Developments

CALGARY, Alberta, Jan. 09, 2025 (GLOBE NEWSWIRE) — Prospera Energy Inc. (TSX.V: PEI, OTC: GXRFF) (“Prospera“, “PEI” or the “Corporation“) Leadership AppointmentProspera announces the appointment of Darren Jackson as its Chief Operating Officer (COO) effective January 1st, 2025. Darren will oversee the company’s day-to-day operations, strategic initiatives, regulatory compliance, field optimization programs, and drive operational excellence. Darren brings over 25 years of expertise in the oil and gas industry, offering a wealth of knowledge and a track record of proven leadership. Line of Credit Prospera has completed its non-brokered unit offering, for total proceeds of $900,000. Each unit, priced at $1,000 per unit, consists of: (i) a one-year secured promissory note with a principal amount of $1,000, carrying...

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