Day: February 28, 2025

2024 Full year results Resilient delivery in challenging business environment Proposed dividend of € 1.90 (+6%) and ongoing € 200 million share buyback Bekaert delivered a resilient financial performance in 2024, with stable profit margins (EBITu margin at 8.8%) and robust cash flows (Free Cash Flow of € 193 million). Despite lower volumes and weaker conditions in many of its end markets, the business continues to benefit from the successful execution of Bekaert’s strategy of portfolio rationalization, pricing discipline, improving the mix of higher margin products, and driving further cost efficiencies. Yves Kerstens, CEO of Bekaert, commented: “I am very pleased with the response from our teams in 2024, working incredibly hard to protect margins and cash flows despite falling volumes. These results show the resilience of the Bekaert...

Company announcement no. 7 / 2025Schindellegi, Switzerland – 28 February 2025 Initiation of share buyback program Today, Trifork Group AG (“Trifork”) announces that the Board of Directors has decided to initiate a share buyback program of up to DKK 14.92 million (approximately EUR 2.0 million).  The share buyback program is initiated pursuant to the decision of the Board of Directors taken on 28 February 2025 to acquire own registered shares with a nominal value of CHF 0.10 each. The purpose of the program is to meet Trifork’s obligations pursuant to the employee stock program and potentially to reduce the share capital by cancellation of shares, if and to the extent so decided in the future by the Board of Directors, by use of the new capital band set forth in the articles of association of Trifork, which were approved by the annual...

Press ReleaseNokia to modernize data center infrastructure for Maxis #MWC25Data center refresh to support digital transformation for Malaysian service provider in expanding Southeast Asia market. Nokia to deploy data center switches and automation platform for improved scale, reliability and simplicity.28 February 2025Espoo, Finland – Nokia today announced a significant upgrade to the data center infrastructure of Maxis, Malaysia’s leading integrated telecommunications provider, aimed at enhancing connectivity and scalability with Nokia’s data center switches and Event-Driven Automation (EDA) platform. The deployment will support Maxis’s business growth by providing a scalable, secure, and efficient data center architecture. The modernization of Maxis’ data center connectivity technology will help the company simplify network...

WESTCHESTER, Ill., Feb. 27, 2025 (GLOBE NEWSWIRE) — Ingredion Incorporated (NYSE: INGR), a leading global provider of ingredient solutions for food, beverage and industrial applications, announced today a $50 million investment in its Cedar Rapids, Iowa facility to modernize and expand the production of industrial starches for the packaging and papermaking industries. “Demand is growing for functional solutions that deliver against more stringent requirements for strength, biodegradability and recyclability across both containerboard and papermaking,” said Rob Ritchie, senior vice president, food and industrial ingredients, LATAM and US/Canada. “Ingredion is committed to supporting these industries as they adapt and innovate to meet a variety of changing consumer and environmental requirements, such as the need for stronger natural...

Not for distribution to United States newswire services or for release publication, distribution, or dissemination directly, or indirectly, in whole or in part, in or into the United States Vancouver, British Columbia, Feb. 27, 2025 (GLOBE NEWSWIRE) — Treatment.com AI Inc. (the “Company” or “Treatment”) (CSE: TRUE; OTC: TREIF; FFA: 939) is pleased to announce that it has entered into an agreement with Ventum Financial Corp., as underwriter (the “Underwriter”) and sole bookrunner in connection with a brokered private placement of 6,000,000 units (the “Units”) of the Company at a price of C$0.50 per Unit (the “Offering Price”) for gross proceeds to the Company of C$3,000,000 (the “Offering”). Each Unit will consist of one common share in the capital of the Company (a “Common Share”) and one-half of one Common Share purchase warrant...