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Day: May 20, 2025

H World Group Limited Reports First Quarter of 2025 Unaudited Financial Results

A total of 11,685 hotels or 1,142,158 hotel rooms in operation as of March 31, 2025. Hotel turnover1 increased 14.3% year-over-year to RMB22.5 billion in the first quarter of 2025. Excluding Steigenberger Hotels GmbH and its subsidiaries (“DH”, or “Legacy-DH”), hotel turnover increased 15.3% year-over-year in the first quarter of 2025. Hotel turnover from the Legacy-DH segment increased 2.9% in the first quarter of 2025. Revenue increased 2.2% year-over-year to RMB5.4 billion (US$744 million)2 in the first quarter of 2025, within the revenue guidance previously announced of a 0% to 4% increase compared to the first quarter of 2024. Manachised and franchised revenue increased 21.1% year-over-year to RMB2.5 billion (US$344 million) in the first quarter of 2025, close to the high end of the manachised and franchised revenue guidance previously...

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Tims China Participates in Nation-wide “Weight Management Year” Campaign with New Hot & Healthy Power Bowls

SHANGHAI, May 20, 2025 (GLOBE NEWSWIRE) — TH International Limited (NASDAQ: THCH), the exclusive operator of Tim Hortons coffee shops in China (“Tims China” or the “Company”) announced that its brand new Loaded Power Bowls have officially launched nationwide today. The new offering is the latest addition to Tims China’s Light & Fit Lunch Box lineup, following the popular Hot Baked Bagel Sandwiches and Energizing Lunch Wraps, further expanding the brand’s innovative and healthy lunchtime options. Packed with 2 + 8 + 8 Goodies—You Can See It, You Can Taste It(Tims China’s new Loaded Power Bowls) Tims China’s new Loaded Power Bowls come in a standard “2 + 8 + 8” configuration, featuring 18 carefully selected ingredients in every bowl. The “2” stands for two portions of high-quality protein, while the two “8s” represent eight...

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PONY AI Inc. Announces Unaudited First Quarter 2025 Financial Results

NEW YORK, May 20, 2025 (GLOBE NEWSWIRE) — Pony AI Inc. (“Pony.ai” or the “Company”) (Nasdaq: PONY), a global leader in achieving large-scale commercialization of autonomous mobility, today announced its unaudited financial results for the first quarter ended March 31, 2025. Dr. James Peng, Co-founder and Chief Executive Officer of Pony.ai, commented, “2025 is the year of scaling up for Pony.ai and we embraced it with strong growth momentum. Our robust total revenues in the first quarter were fueled by a 200% year-over-year rise in Robotaxi services, with fare-charging revenues achieving approximately 800% growth rate. As we accelerate production and drive cost efficiency through technological advancement, the unveiling of seventh-generation autonomous driving system (“Gen 7”) enables us to reduce bill-of-materials (“BOM”) costs...

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STG Global Finance B.V. – Interim Report of Scandinavian Tobacco Group A/S

Company Announcement No. 02/2025  Copenhagen, 20 May 2025 STG Global Finance B.V. – Annual Report of Scandinavian Tobacco Group A/S On 20 May 2025, Scandinavian Tobacco Group A/S published its interim report for 1 January – 31 March 2025. The Annual Report and company announcement of Scandinavian Tobacco Group A/S relating to the published reports are available at: https://www.st-group.com/investor/. For further information, please contact: Torben Sand, Director of IR & Communication, phone +45 5084 7222, torben.sand@st-group.com.Eliza Dabbagh, IR & Communications, phone +45 5080 7619, eliza.michael@st-group.com.AttachmentSTG NV – CA no 2 2025

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Scandinavian Tobacco Group A/S Reports First Quarter 2025 Results and Adjusts Expectations for Full Year 2025.

Company Announcement No. 11/2025 Copenhagen, 20 May 2025 Interim report, 1 January – 31 March 2025 Scandinavian Tobacco Group A/S Reports First Quarter 2025 Results and Adjusts Expectations for Full Year 2025.   Scandinavian Tobacco Group´s reported net sales for the first quarter 2025 increased 1.3% to DKK 2.0 billion with a negative organic net sales growth of 8.8%. EBITDA before special items decreased 5.3% to DKK 317 million with an EBITDA margin of 16.1%. Free cash flow before acquisitions was DKK 156 million and the adjusted EPS were DKK 1.5. The reported net sales growth was driven primarily by the addition of the Mac Baren business and high double-digit growth in our XQS nicotine pouch brand. Organic net sales decline was impacted by lower consumption of handmade cigar sales in the US and by discontinuation of online distribution...

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Temenos launches Gen AI Copilot for banks to deliver better products faster

New Temenos Product Manager Copilot unlocks the full innovation potential of Temenos’ core banking solutions MADRID, Spain, May 20, 2025 (GLOBE NEWSWIRE) — At the Temenos Community Forum ’25 in Madrid, Temenos (SIX: TEMN), a global leader in banking technology, today launched the Temenos Product Manager Copilot, empowering banks to design, launch, test and optimize financial products faster using Generative AI. Temenos Product Manager Copilot is a Gen AI assistant that integrates Microsoft Azure OpenAI Service and is embedded within the Temenos Retail core banking solution. It provides a simple, conversational way for product, IT and Customer Service managers to explore the full breadth of Temenos’ core banking functionality and data insights, helping banks design and launch retail products faster, easier, and make them more relevant...

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EXACT Therapeutics announces positive final results in Phase 1 ACTIVATE trial in liver metastases from colorectal cancer

These results indicate that EXACT Therapeutics’ Acoustic Cluster Therapy (ACT®) significantly enhances the local effect of chemotherapyIn the patients who had a response to chemotherapy, ACT-treated tumours showed a significantly greater reduction in diameter compared to control tumours (-29% vs. -7%, p

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Nine in ten public sector organizations to focus on agentic AI in the next 2-3 years, but data readiness is still a challenge

Press contact: Antara NandyTel.: +91 9674515119  Email: antara.nandy@capgemini.com Nine in ten public sector organizations to focus on agentic AI in the next 2-3 years, but data readiness is still a challengePublic sector organizations recognize the potential of AI for enhancing decision making, improving service delivery and driving operational efficiency, with two-thirds (64%) already exploring or actively working on Gen AI initiativesChallenges with data readiness remain, with only 21% of public sector organizations saying they have the requisite data to train and fine-tune AI modelsParis, May 20, 2025 – The new Capgemini Research Institute report published today, ‘Data foundations for government – From AI ambition to execution,’ finds that two thirds of public sector organizations are already exploring or actively using generative...

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AB INVL Baltic Farmland unaudited Interim information for 3 months of 2025

For 3 months of 2025, the unaudited consolidated net profit of the AB INVL Baltic Farmland was EUR 124 thousand and the revenue was EUR 213 thousand (for 3 months of 2024 consolidated net profit was EUR 113 thousand and the revenue was EUR 200 thousand). Additional information: INVL Baltic Farmland, a company that invests in agricultural land, had revenue of EUR 213,000 in the first quarter of this year, which is 6.5% more than in the same period last year. The company’s unaudited net profit in the period of comparison grew 9.7% to EUR 124,000.  “The first quarter of this year was full of challenges for agriculture – delayed germination, moisture imbalance, and market uncertainty all affected both planning and farmers’ decisions. Nevertheless, we see that our partners, as users of the land, take a responsible view towards the long-term...

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