Day: April 24, 2025

Michelin: Group sales down 1.9% due to lower Original Equipment, partly offset by a significantly improved mix. In a highly volatile environment, the Group tightens up its steering and keeps its 2025 guidance unchanged.

Written by Customer Service on April 24, 2025. Posted in Earnings Releases And Operating Results.

Clermont-Ferrand – April 24, 2025 COMPAGNIE GÉNÉRALE DES ÉTABLISSEMENTS MICHELINFinancial information for the three months ended March 31, 2025 Group sales were down 1.9% due to lower Original Equipment volumes, partly offset by a significantly improved mix. In a highly volatile environment shaped by geopolitical and macro-economic uncertainties, the Group tightens up its steering and keeps its 2025 guidance unchanged. Consolidated sales for the quarter down 1.9% at €6.5 billionVolumes were down 7.3% due to lower OE sales in all segments, prolonging the trend observed in second-half 2024. The 2.5% positive mix effect reflected the favorable OE/Replacement mix, offer enrichment and the Group’s performance in targeted markets. The price effect was also positive, demonstrating the Group’s ability to enhance the value of its...

Transgene Provides Business and Financial Update for Q1 2025

Written by Customer Service on April 24, 2025. Posted in Earnings Releases And Operating Results.

TG4050: Updated randomized Phase I data to be presented in Rapid Oral Presentation at ASCO 2025 Dr. Simone Steiner appointed Chief Technical Officer (CTO) Business funded until the end of April 2026 Strasbourg, France, April 24, 2025, 5:45 p.m. CET – Transgene (Euronext Paris: TNG), a biotech company that designs and develops virus-based immunotherapies for the treatment of cancer, today provides a business update, including its financial position as of March 31, 2025. Key events and upcoming milestones Over the first quarter of 2025, all of Transgene’s preclinical and clinical assets progressed in line with expectations. Individualized neoantigen therapeutic cancer vaccine (TG4050) Transgene will deliver a rapid oral presentation on TG4050, its lead individualized neoantigen therapeutic cancer vaccine based on its myvac® platform and...

Quarterly information at 31 March 2025

Written by Customer Service on April 24, 2025. Posted in Earnings Releases And Operating Results.

Nanterre, 24 April 2025 QUARTERLY INFORMATION AT 31 MARCH 2025Revenue up 4% to €16.3 billion Solid performance overall in the three Group’s businessesConcessions (up 8%): higher motorway traffic levels and airport passenger numbersEnergy Solutions (up 6%): dynamic international momentum and good order intake in flow business Construction: stabilization of revenue at a high level, order intake at VINCI Construction upRecord order book 2025 guidance unchanged Appointments of Xavier Huillard as Chairman of the Board of Directors and Pierre Anjolras as Chief Executive Officer of VINCI, effective 1 May 2025REVENUE AND OTHER KEY INDICATORS First quarter 2025/2024 change(In € millions) 2025 2024 Actual Like-for-like1Concessions 2,546 2,352 +8.2% +6.5%VINCI Autoroutes...

PRESS RELEASE RELATED TO THE FILING OF THE DRAFT RESPONSE DOCUMENT TO THE PROPOSED PUBLIC BUY-OUT OFFER FOLLOWED BY A SQUEEZE-OUT

Written by Customer Service on April 24, 2025. Posted in Mergers And Acquisitions.

PRESS RELEASE RELATED TO THE FILING OF THE DRAFT RESPONSE DOCUMENT TO THE PROPOSED PUBLIC BUY-OUT OFFER FOLLOWED BY A SQUEEZE-OUT CONCERNING THE COMPANY’S SHARES TARKETT INITIATED BY TARKETT PARTICIPATIONAMF This press release was prepared by Tarkett and issued in accordance with the provisions of Article 231-26, II of the general regulations of the Autorité des marchés financiers (the “AMF”). The draft offer and the draft response document remain subject to review by the AMF.IMPORTANT DISCLOSURE In accordance with the provisions of Articles 231-19 and 261-1 et seq. of the AMF’s general regulation, the report issued by Finexsi – Expert & Conseil Financier, acting as an independent appraiser, is included in this draft response document. The draft response document filed with the AMF on April 24,...

Umicore recorded solid Q1 performance, anticipates limited direct impact from current tariffs and reconfirms 2025 adj. EBITDA guidance for the Group

Written by Customer Service on April 24, 2025. Posted in Public Companies.

Umicore recorded solid Q1 performance, anticipates limited direct impact from current tariffs and reconfirms 2025 adj. EBITDA guidance for the Group Solid Q1 performance Umicore performed strongly in the first quarter of the year, demonstrating the quality of its foundation businesses as well as the impact of ongoing efficiency improvements across the Group, which are well on track. The Catalysis Business Group delivered a favorable performance in the first quarter with Automotive Catalysts benefiting from its market position and customer exposure in gasoline catalyst applications. The start to the year was also positive for the Fuel Cell & Stationary Catalysts and Precious Metals Chemistry business units, which further contributed to the performance. The Recycling Business Group recorded a strong first-quarter performance. The recent...

SANOMA CORPORATION: ACQUISITION OF OWN SHARES 24 April 2025

Written by Customer Service on April 24, 2025. Posted in Public Companies.

Sanoma Corporation, Stock exchange release, 24 April 2025 at 18:30 EET SANOMA CORPORATION: ACQUISITION OF OWN SHARES 24 April 2025 Nasdaq Helsinki Ltd:Date 24 April 2025 Exchange transaction Buy Share class SANOMA Amount 6,144 Average price/share, EUR 9.4763 Highest price/share, EUR 9.5000 Lowest price/share, EUR 9.4600 Total cost, EUR 58,222.39 The share buybacks are executed in compliance with Regulation No. 596/2014 of the European Parliament and Council (MAR) Article 5 and the Commission Delegated Regulation (EU) 2016/1052. The company holds a total of 770,002 of its own shares (SANOMA) including the shares acquired on 24 April 2025. Detailed information concerning the acquisition is attached to this stock exchange release. On behalf of Sanoma Corporation Skandinaviska Enskilda...

CPP Announces Acquisition of Witmer Manor in Los Angeles

Written by Customer Service on April 24, 2025. Posted in Mergers And Acquisitions.

The project will preserve 239 affordable housing units in the Westlake neighborhoodWitmer Manor, Los AngelesCPP(Community Preservation Partners), a mission-driven affordable housing preservation developer, has announced the acquisition and planned renovation of Witmer Manor, an affordable housing complex in Los Angeles.LOS ANGELES, April 24, 2025 (GLOBE NEWSWIRE) — CPP (Community Preservation Partners), a mission-driven affordable housing preservation developer, has announced the acquisition and planned renovation of Witmer Manor, an affordable housing complex in Los Angeles. This comes on the heels of CPP’s recent acquisition of Ramona Park in Baldwin Park and marks CPP’s 19th investment in Los Angeles County. Witmer Manor is located at 1501 Miramar Street in Westlake, one of the most densely populated neighborhoods...

ICT Adoption in Automotive Set to Accelerate, Projected to Grow at 9.66% CAGR by 2030

Written by Customer Service on April 24, 2025. Posted in Mergers And Acquisitions.

Sustainable 9.66% CAGR Reflects Industry-Wide Push Toward Software-Defined Vehicles, Smart Manufacturing, and Connected Mobility Middleton, Massachusetts, April 24, 2025 (GLOBE NEWSWIRE) — QKS Group, a premier market intelligence and advisory firm, has released its latest vertical-specific research highlighting the expanding role of Information and Communication Technology (ICT) across the Automotive industry, projecting a compound annual growth rate (CAGR) of 9.66% through 2030. The study delivers actionable insights for ICT vendors enabling transformation in vehicle intelligence, manufacturing optimization, and consumer mobility experiences. The Next Growth Frontier for ICT Vendors in Automotive As the automotive industry pivots toward electric vehicles, autonomous systems, and connected mobility ecosystems, ICT adoption has...

Federal Home Loan Bank of New York Announces First Quarter 2025 Operating Highlights

Written by Customer Service on April 24, 2025. Posted in Earnings Releases And Operating Results.

NEW YORK, April 24, 2025 (GLOBE NEWSWIRE) — The Federal Home Loan Bank of New York (“FHLBNY”) today released its unaudited financial highlights for the quarter ended March 31, 2025. “The Federal Home Loan Bank of New York continued to perform well in the first quarter of 2025, meeting the funding needs of our members and delivering liquidity in support of local economic growth,” said Randolph C. Snook, president and CEO of the FHLBNY. “Our sustained focus on executing on our foundational liquidity mission in a safe and sound manner drives our performance and positions the FHLBNY as a stable and reliable partner to our members and the communities we serve.” Highlights from the first quarter of 2025 include:Net income for the quarter was $155.7 million, a decrease of $64.8 million, or 29.4%, from net income of $220.5 million...

Press release related to a proposed public buy-out offer followed by a squeeze out- Price revised

Written by Customer Service on April 24, 2025. Posted in Mergers And Acquisitions.

PRESS RELEASE RELATED TO A PROPOSED PUBLIC BUY-OUT OFFER FOLLOWED BY A SQUEEZE-OUT CONCERNING THE COMPANY’S SHARES TARKETT INITIATED BY TARKETT PARTICIPATION PRESENTED BY ROTHSCHILD MARTIN MAUREL CREDIT AGRICOLE CORPORATE & INVESTSEMENT BANK- SOCIETE GENERALE- PROTZAMPARC (BNP PARIBAS GROUP)- CREDIT AGRICOLE MIDCAP ADVISORS PRESENTING BANK AND CREDIT AGRICOLE CORPORATE & INVESTSEMENT BANK- SOCIETE GENERALE- PROTZAMPARC (BNP PARIBAS GROUP)- CREDIT AGRICOLE MIDCAP ADVISORS PRESENTING AND GUARANTEEING BANKSOFFER PRICE17 euros per Tarkett ordinary share DURATION OF THE PUBLIC BUY-OUT OFFER10 trading days The timetable for the offer will be determined by the French Financial Markets Authority (the “AMF”) in accordance with its general regulation.AMFThis press release was prepared by Tarkett Participation and...

Day: April 24, 2025

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