Month: February 2025

Ignitis Group – the best investor relations company in Lithuania

Written by Customer Service on February 11, 2025. Posted in Public Companies.

Ignitis Group, a renewables-focused integrated utility, has been recognised for the second consecutive time as one of the top investor relations companies in the Baltics. At the Nasdaq Baltic Awards 2025, the company secured second place in this category, becoming the only Lithuanian listed company to receive such recognition. This award was granted for achieving the best results in transparency, corporate governance, and investor relations. All issuers were evaluated based on securities trading, public disclosures, and surveys of professional market analysts and journalists. “This recognition demonstrates that our efforts to ensure clear and transparent communication with investors are yielding results. We aim to continuously build trust in Ignitis Group and its shares. In addition to regular public earnings calls and meetings...

VINCI launches an offering of up to €400 million cash-settled synthetic convertible bonds

Written by Customer Service on February 11, 2025. Posted in Public Companies.

THIS PRESS RELEASE MAY NOT BE PUBLISHED, DISTRIBUTED OR DISSEMINATED, DIRECTLY OR INDIRECTLY, IN THE UNITED STATES OF AMERICA, AUSTRALIA, CANADA, SOUTH AFRICA OR JAPAN. This press release does not constitute an offer to purchase or subscribe for the Bonds (as defined below) or the shares of VINCI (together, the “Securities“) in the United States of America or to, or for the account or benefit of, U.S. persons (as defined in the U.S. Securities Act of 1933, as amended). The Securities may not be offered or sold in the United States of America or to, or for the account or benefit of, U.S. persons, except pursuant to an effective registration under the U.S. Securities Act of 1933, as amended, or under an exemption from this registration requirement. VINCI does not intend to register all or any part of the offering of the Bonds...

Kering: Press release – 2024 Annual Results

Written by Customer Service on February 11, 2025. Posted in Earnings Releases And Operating Results.

Kering Press Release – Annual Results 2024 – 110225 PRESS RELEASEFebruary 11, 2025 2024 ANNUAL RESULTS Revenue: €17,194 milliondown 12% as reported and on a comparable basis Recurring operating income: €2,554 million Net income attributable to the Group: €1,133 millionProposed ordinary dividend: €6 per share “In a difficult year, we accelerated the transformation of several of our Houses and moved determinedly to strengthen the health and desirability of our brands for the long term. Across the Group, and at Gucci first and foremost, we made critical decisions to raise the impact of our communications, sharpen our product strategies, and heighten the quality of our distribution, all in the respect of the creative heritage that distinguishes our brands. We secured our organization, made...

Wereldhave Full-year results 2024

Written by Customer Service on February 11, 2025. Posted in Earnings Releases And Operating Results.

Net profit 2024 at € 140m, highest since 2007 Direct result 2024 at € 1.76 per share, slightly above guidance of € 1.75 Despite Benelux bankruptcies, occupancy rate of core portfolio increased to 97.3% Disposal of Dutch asset Winkelhof (€ 56m) around book value in 2025 Positive core portfolio valuations (+3.0%), primarily driven by increased market rents (ERVs) Proposed dividend for 2024 at € 1.25 per share (+4.2%) Outlook 2025 direct result per share € 1.70-1.80, including negative impact of Dutch taxation and disposal WinkelhofAttachmentWereldhave press release – Full-year Results 2024

Belships ASA: Report 4th quarter 2024

Written by Customer Service on February 11, 2025. Posted in Earnings Releases And Operating Results.

LIQUIDITY EVENT FOR SHAREHOLDERS HIGHLIGHTS Q4EBITDA of USD 19.4m Net result of USD 7.5m TCE of USD 15 552 gross per day for owned fleet Agreement for recommended voluntary cash offer No dividend declared 72 per cent of ship days in Q1 2025 are fixed at USD 13 600 gross per day 27 per cent of ship days in the next four quarters are fixed at USD 14 350 gross per day Uniform fleet of 42x Ultramax vessels including 12x newbuildingsOverview of voluntary cash offer by Blue Northern BLK to acquire all shares in BelshipsOn December 19, 2024, Belships ASA (“Belships”) announced an agreement with Blue Northern BLK Ltd (the “Offeror”) for the Offeror to make a voluntary cash offer to all shareholders in Belships The Offeror is a company established by Entrust Global, a global asset manager with multiple investments...

Unaudited financial results of LHV Group for Q4 and 12 months of 2024

Written by Customer Service on February 11, 2025. Posted in Earnings Releases And Operating Results.

The year-end was a successful one for LHV, supported by strong loan issue and deposit taking. The company met the profit target set in the financial plan. In 2024, AS LHV Group generated net revenue of 338.3 million euros, i.e., 11% more than in the previous year, thanks to strong business growth. Annual net interest income increased to 273.3 million euros (+8%) and net fee and commission income to 60.3 million euros (+24%). Consolidated expenditure for 2024 totalled 146.9 million euros, i.e., 14% higher than the previous year. The consolidated net profit of AS LHV Group in 2024 was 150.3 million euros, i.e., 9.4 million euros more than in 2023 (+7%). Of the subsidiaries, AS LHV Pank earned a total of 140.5 million euros in net profit in 2024, UK Bank Limited 5.8 million euros, AS LHV Varahaldus 1.6 million euros, and AS LHV Kindlustus...

Hexagon Purus ASA: Results for the fourth quarter and preliminary full-year 2024

Written by Customer Service on February 11, 2025. Posted in Public Companies.

Key developments in Q4 2024 and after balance sheet date:Quarterly revenue of NOK 396 million in the fourth quarter of 2024, up 8% from the fourth quarter of 2023. Full year (FY) 2024 revenue ended at NOK 1,876 million, up 42% compared to FY 2023 revenue; EBITDA was NOK -104 million in the fourth quarter of 2024, compared to NOK -129 million in the same period last year. This corresponds to an EBITDA margin of -26% in the fourth quarter of 2024, up from -35% in the fourth quarter of 2023. For FY 2024, the EBITDA margin ended at -19%, up from -34% in the same period last year; Renewed multi-year supply agreement with a leading European bus manufacturer for delivery of hydrogen fuel storage systems until 2028; Completed NOK 1 billion equity capital raise; Due to increased market and regulatory uncertainty, the Company is expecting to...

Novonesis to acquire dsm-firmenich’s share of the Feed Enzyme Alliance

Written by Customer Service on February 11, 2025. Posted in Public Companies.

Novonesis has reached an agreement with dsm-firmenich to dissolve the Feed Enzyme Alliance and take over its sales and distribution activities, in exchange for a total cash consideration of EUR 1.5 billion. After more than 25 years of successful collaboration, a strategic repositioning at dsm-firmenich allowed this opportunity to materialize. This acquisition is aligned with Novonesis’ growth strategy and expands its presence across the animal biosolutions value chain. Financially, this transaction is accretive to revenue growth, adjusted EBITDA margin and adjusted EPS excl. amortization, with attractive revenue synergies.Please refer to attachment for more details. Attachment2025_02_Company_Announcement_Acquisition

Acadian Timber Corp. Announces Acquisition of Harvesting Operations in Maine

Written by Customer Service on February 11, 2025. Posted in Mergers And Acquisitions.

EDMUNDSTON, New Brunswick, Feb. 10, 2025 (GLOBE NEWSWIRE) — Acadian Timber Corp. (“Acadian”) (TSX:ADN) has signed an agreement to purchase assets of A & A Brochu, LLC (“A & A Brochu”) and its affiliates for a total price of U.S. $4.8 million. The assets include harvesting, trucking, and road building equipment, as well as related real estate, in the Millinocket, Maine region. “We are pleased with the opportunity to purchase this turnkey operation,” commented Adam Sheparski, President and Chief Executive Officer. “A & A Brochu has provided contractor services to Acadian for many years. The transaction will address the historical harvesting capacity challenges in Maine and enable greater control over costs as well as sustainable forestry practices, while allowing Acadian to invest in the communities in which we live...

Rogers Communications Inc. Announces Pricing of Public Offering of US$2.1 billion Fixed-to-Fixed Rate Subordinated Notes and Canadian Private Placement of Cdn$1.0 billion Fixed-to-Fixed Rate Subordinated Notes

Written by Customer Service on February 11, 2025. Posted in Public Companies.

TORONTO, Feb. 10, 2025 (GLOBE NEWSWIRE) — Rogers Communications Inc. (TSX: RCI.A and RCI.B) (NYSE: RCI) (“RCI”) announced today that it has priced:a U.S. public offering of two series of US dollar denominated fixed-to-fixed rate subordinated notes with an aggregate principal amount of US$2.1 billion, consisting of US$1.1 billion of 7.0% fixed-to-fixed rate subordinated notes due 2055 and US$1.0 billion of 7.125% fixed-to-fixed rate subordinated notes due 2055 (collectively the “US Notes”), and a Canadian private placement of $1.0 billion of 5.625% fixed-to-fixed rate subordinated notes due 2055 (the “Cdn Notes” and, together with the US Notes, the “Notes”).The net proceeds from the issuance of the US Notes and the issuance of the Cdn Notes will be approximately US$2.07 billion and $989 million, respectively. RCI expects to...

Month: February 2025

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