Day: May 2, 2025

Magna Announces First Quarter 2025 Results

Written by Customer Service on May 2, 2025. Posted in Earnings Releases And Operating Results.

Comparing the first quarter of 2025 to the first quarter of 2024: – Sales decreased 8% to $10.1 billion, as global light vehicle production decreased 3%, which included 8% and 5% declines in Europe and North America, respectively – Diluted earnings per share of $0.52 and Adjusted diluted earnings per share of $0.78, compared to $0.03 and $1.08, respectively First quarter performance was broadly ahead of our expectations driven by strong incremental margins on better than anticipated vehicle production Returned $187 million to shareholders through dividends and share repurchases Updated 2025 Outlook excludes potential impacts of tariffs including on light vehicle production, full year 2025 range of net income attributable to shareholders unchangedAURORA, Ontario, May 02, 2025 (GLOBE NEWSWIRE) — Magna International...

WTW Strengthens Middle East Capabilities with Al-Futtaim Willis change

Written by Customer Service on May 2, 2025. Posted in Public Companies.

Broader regional expansion underway with growing presence in UAE and Saudi Arabia DUBAI, United Arab Emirates, May 02, 2025 (GLOBE NEWSWIRE) — WTW (NASDAQ: WTW), a leading global advisory, broking and solutions company, today announced a change in the ownership of its longstanding joint venture, United Arab Emirates (UAE) based Al-Futtaim Willis (AFW). Al-Futtaim’s decision to sell their 51% stake in the joint venture will enable WTW to wholly manage the AFW business when regulatory approvals are received. Pamela Thomson-Hall, Head of International at WTW, said: “We are fortunate to have enjoyed a prosperous relationship with Al-Futtaim spanning nearly 50 years, for which we are very thankful. WTW’s investment strategy remains acutely focused on investing strategically to optimize the company’s portfolio globally and pursue scaled...

Municipality Finance issues SEK 1 billion tap under its MTN programme

Written by Customer Service on May 2, 2025. Posted in Public Companies.

Municipality Finance PlcStock exchange release 2 May 2025 at 10:00 am (EEST) Municipality Finance issues SEK 1 billion tap under its MTN programme On 5 May 2025 Municipality Finance Plc issues a new tranche in an amount of SEK 1 billion to an existing series of notes issued on 21 February 2025. With the new tranche, the aggregate nominal amount of the notes is SEK 3.5 billion. The maturity date of the benchmark is 21 February 2028. The notes bear interest at a floating rate equal to 3-month Stibor plus 150 bps per annum. The notes are issued under MuniFin’s EUR 50 billion programme for the issuance of debt instruments. The offering circular, the supplemental offering circular and the final terms of the notes are available in English on the company’s website at https://www.kuntarahoitus.fi/en/for-investors. MuniFin has applied...

EXA Infrastructure selects Nokia to expand international connectivity network capabilities

Written by Customer Service on May 2, 2025. Posted in Public Companies.

Press ReleaseEXA Infrastructure selects Nokia to expand international connectivity network capabilitiesEXA Infrastructure’s modernized network will support data center connectivity with significantly lower cost and power per bit to keep up with demand in the AI era. Network capacity will increase by as much as 15% while reducing power and cost per bit by as much as 50%. The upgrade with Nokia’s 1830 Global Express (GX) platform and ICE7 coherent optics enables EXA Infrastructure to better deliver high-speed connectivity services to its customers.2 May 2025 Espoo, Finland – Nokia today announced that EXA Infrastructure has selected Nokia’s optical transport solution to expand its network capabilities to support customers’ demand for cost-effective connectivity, including between major data centers. The modernized 1.2T-per-channel...

Suspension is lifted

Written by Customer Service on May 2, 2025. Posted in Public Companies.

Lysaker, 2 May 2025 Yesterday’s suspension from the live trading on Nasdaq Copenhagen is now liftet on behalf of the below funds, and the share classes will resume trading today on 2 May. Regards Storebrand Asset Management AS Contacts: Henrik Budde Gantzel, Director, henrik.budde.gantzel@storebrand.no Frode Aasen, Product Manager, fdc@storebrand.comFund name and share class Symbol ISINSKAGEN Focus A SKIFOA NO0010735129SKAGEN Global A SKIGLO NO0008004009SKAGEN Kon-Tiki A SKIKON NO0010140502SKAGEN m2 A SKIM2 NO0010657356SKAGEN Vekst A SKIVEK NO0008000445Storebrand Indeks – Alle Markeder A5 STIIAM NO0010841588Storebrand Indeks – Nye Markeder A5 STIINM NO0010841570Storebrand Global Plus A5 STIGEP NO0010841604Storebrand...

Golar entered into 20-year agreements for 5.95mtpa nameplate capacity in Argentina – one of the world’s largest FLNG development projects.

Written by Customer Service on May 2, 2025. Posted in Public Companies.

Golar LNG Limited (“GLNG”, “Golar” or “the Company”) is pleased to announce the Final Investment Decision (“FID”) and fulfilment of all conditions precedent for the 20-year re-deployment charter of the FLNG Hilli Episeyo (“FLNG Hilli” or “Hilli”), first announced on July 5, 2024. The vessel will be chartered to Southern Energy S.A. (“SESA”), offshore Argentina. In addition, Golar and SESA have signed definitive agreements for a 20-year charter for the MKII FLNG, currently under conversion at CIMC Raffles shipyard in Yantai, China. The MKII FLNG charter remains subject to FID and the same regulatory approvals as granted to the FLNG Hilli project, expected within 2025. Key commercial terms for the respective 20-year charter agreements include:FLNG Hilli (nameplate capacity of 2.45 MTPA): Expected contract start-up in 2027, net charter...

Meriaura Group Plc’s business review for January–March 2025

Written by Customer Service on May 2, 2025. Posted in Earnings Releases And Operating Results.

Meriaura Group PlcBusiness review, insider information 2 May 2025 at 8.30 am (CEST) Meriaura Group Plc’s business review for January–March 2025 The Group’s key figures and significant events in January–March 2025• Revenue in January–March amounted to EUR 21.4 million (January–March 2024: EUR 17.9 million).• EBITDA was EUR 1.4 (1.2) million, or 6.8% of revenue.• The operating result (EBIT) was EUR -0.1 (-0.2) million, or -0.3% of revenue.• The result was EUR -0.5 (-0.5) million, or -2.5% of revenue.• On 29 January 2025, Meriaura Group announced that it had agreed on a conditional transaction in which the company would acquire the entire share capital of Summa Defence Oy through a share exchange, sell the shares of Meriaura Oy to Meriaura Invest Oy with financing provided by the seller, and acquire its own shares from Meriaura...

Shell plc First Quarter 2025 Interim Dividend

Written by Customer Service on May 2, 2025. Posted in Dividend Reports And Estimates.

London, May 2, 2025 − The Board of Shell plc (the “Company”) (XLON: SHEL, XNYS: SHEL, XAMS: SHELL) today announced an interim dividend in respect of the first quarter of 2025 of US$ 0.358 per ordinary share. Details relating to the first quarter 2025 interim dividendPer ordinary share(GB00BP6MXD84) Q1 2025Shell Shares (US$) 0.358Shareholders will be able to elect to receive their dividends in US dollars, euros or pounds sterling. An alternative ‘Electronic Election Entitlement’ (‘EEE’) process is available in CREST for dividends with options elections. Absent any valid election to the contrary, persons holding their ordinary shares through Euroclear Nederland will receive their dividends in euros. Absent any valid election to the contrary, shareholders (both holding in certificated and uncertificated form...

Bavarian Nordic Receives Marketing Authorization for Chikungunya Vaccine for Persons Aged 12 and Older in the United Kingdom

Written by Customer Service on May 2, 2025. Posted in Public Companies.

COPENHAGEN, Denmark, May 2, 2025 – Bavarian Nordic A/S (OMX: BAVA) announced today that the UK Medicines and Healthcare products Regulatory Agency (MHRA) has granted marketing authorization in the United Kingdom (UK) for VIMKUNYA® (recombinant, adsorbed) for active immunization for the prevention of disease caused by chikungunya virus in individuals 12 years and older. The vaccine was approved following MHRA review under the international recognition procedure, which is a targeted assessment that recognizes approvals from certain other regulatory bodies, in this case the recent approval by the European Commission. Bavarian Nordic is targeting launch of the vaccine in the UK during the summer of 2025. “Chikungunya mostly represents a risk for UK citizens traveling overseas to affected regions in the Americas, Africa and Asia, but as recent...

Shell Plc 1st Quarter 2025 Unaudited Results

Written by Customer Service on May 2, 2025. Posted in Earnings Releases And Operating Results.

SHELL PLC1st QUARTER 2025 UNAUDITED RESULTS SUMMARY OF UNAUDITED RESULTSQuarters $ million Q1 2025 Q4 2024 Q1 2024 %¹ Reference 4,780 928 7,358 +415 Income/(loss) attributable to Shell plc shareholders 5,577 3,661 7,734 +52 Adjusted Earnings A 15,250 14,281 18,711 +7 Adjusted EBITDA A 9,281 13,162 13,330 -29 Cash flow from operating activities (3,959) (4,431) (3,528) Cash flow from investing activities 5,322 8,731 9,802 Free cash flow G 4,175 6,924 4,493 Cash capital expenditure C 8,575 9,401 8,997 -9 Operating expenses F 8,453 9,138 9,054 -7 Underlying operating expenses F 10.4% 11.3% 12.0% ROACE D 76,511 77,078 79,931 Total...

Day: May 2, 2025

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