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Month: August 2025

Landsnet’s Half-Year Financial Report for the period January- June 2025 – Solid performance and exciting times ahead

Landsnet’s interim financial statement for the period January-June, 2025 was published today.  Landsnet – Half-Year Financial Report, January- June 2025 Solid performance and exciting times ahead Landsnet delivered strong results in the first half of the year, aligning with expectations. The company reported a profit of USD 11.5 million for the period. The refund of in-feed fees affected this year’s results. Ragna Árnadóttir, CEO of Landsnet: “The coming period will be challenging as we work to strengthen and develop the transmission system for the future. This interim report reflects Landsnet’s sound financial position. Revenues for the first half of the year were lower than during the same period last year, primarily due to refunds of in-feed fees resulting from a Supreme Court ruling. Nevertheless, forecasts indicate that the company’s...

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Volvo Trucks lands major order: 264 new VNL trucks to Averitt Express

Averitt Express branded Volvo VNL TruckVolvo Trucks North America customer Averitt Express, one of the nation’s leading freight transportation and supply chain management providers, has placed an order for more than 200 all-new Volvo VNL 860s.Greensboro, North Carolina, Aug. 21, 2025 (GLOBE NEWSWIRE) — Volvo Trucks North America customer Averitt Express, one of the nation’s leading freight transportation and supply chain management providers, has placed an order for 264 new Volvo VNL 860s. The deal marks one of the largest single orders for the new flagship sleeper model in North America to date.  The trucks will join Averitt’s fleet of more than 4,600 vehicles, over half of which are Volvo trucks. The investment reflects a growing trend among major carriers to accelerate fleet upgrades that improve fuel economy, lower...

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Intended Changes in the Supervisory Boards of LHV Group and LHV Pank

AS LHV Group announces that the Nomination Committee has made a proposal to the Supervisory Boards of AS LHV Group and AS LHV Pank to initiate the fit and proper assessment process for Kairi Pauskar. The intention is to propose her election as a new member of the Supervisory Boards of both companies. In accordance with the Articles of Association, the proposed term would be up to three years for LHV Group and up to five years For LHV Pank. The elections are planned to take place at the next Annual General Meeting of LHV Group and by the sole shareholder of LHV Pank. The appointments would take effect based on the respective shareholder decisions. In addition to her intended roles on the Supervisory Boards of LHV Group and LHV Pank, Kairi Pauskar is also expected to also assume the role of the Chair of the Nomination Committee and the...

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SEGG Media-Backed Drivers Return to Historic Milwaukee Mile for Penultimate Weekend of the 2025 IndyCar Season

A Media Snippet accompanying this announcement is available by clicking on this link. MILWAUKEE, Aug. 21, 2025 (GLOBE NEWSWIRE) — The SEGG Media Corporation (NASDAQ: SEGG, LTRYW) (“SEGG Media” or the “Company”)-backed trio of Louis Foster, Callum Ilott, and Seb Murray are set to compete at the Milwaukee Mile this weekend as the 2025 NTT INDYCAR and INDY NXT by Firestone seasons head into their penultimate rounds. The legendary Milwaukee Mile, the oldest operating motor racing circuit in the world, provides a unique challenge with its flat, one-mile oval that demands precision, patience, and strategy. With just two races remaining in the season, all three SEGG Media-supported drivers are aiming to close out the campaign on a high — proudly carrying the banners of Lottery.com and Sports.com on the global stage. Louis Foster – Milwaukee...

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FST Corp. Announces 24 Percent Revenue Growth for First Half of 2025

BOULDER, CO., Aug. 21, 2025 (GLOBE NEWSWIRE) — FST Corp. (Nasdaq: KBSX), a leading manufacturer and marketer of steel and graphite golf shafts and a provider of other golf-related services, today announced that, for the first six months of 2025 ended June 30, the Company had revenue of $22,193,432, a 24 percent increase compared with revenue of $17,829,745 for the corresponding period in 2024. This increase is primarily the result of additional sales of both steel and graphite golf shafts to the OEM sector. Gross profit margin for the first half of 2025 improved to 46.0 percent, compared with 43.4 percent in the prior-year period. This increase was attributable to additional sales of higher-margin products, as well as an increase in operational efficiency. The Company had a net loss of $5,827,047, or $(0.13) per share, for the...

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EnWave Corporation Announces Closing of Fully Subscribed $3 Million LIFE Offering

Not for distribution to United States newswire services or for dissemination in the United States VANCOUVER, British Columbia, Aug. 21, 2025 (GLOBE NEWSWIRE) — EnWave Corporation (TSX-V:ENW | FSE:E4U) (“EnWave”, or the “Company”) is pleased to announce that it has closed its fully subscribed private placement offering (the “Offering”) of common shares of the Company (the “Shares”). The Company raised aggregate gross proceeds of $3,000,000 through the issuance of 7,500,000 Shares at a price of C$0.40 per Share (the “Issue Price”). Clarus Securities Inc. (“Clarus”) acted as lead agent and sole bookrunner for the brokered component of the Offering comprised of 6,125,000 Shares, pursuant to an agency agreement entered into by Clarus and the Company dated as of August 21, 2025. The Company also completed a non-brokered component of...

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OceanPal Inc. Announces Reverse Stock Split to Be Effective August 25, 2025

ATHENS, Greece, Aug. 21, 2025 (GLOBE NEWSWIRE) — OceanPal Inc. (NASDAQ: OP) (the “Company”), a global shipping company specializing in the ownership of vessels, announced today that its board of directors has determined to effect a one-for-twenty-five reverse stock split of the Company’s common shares, par value $0.01 per share. The Company’s shareholders approved the reverse stock split at the Company’s annual meeting of shareholders held on May 20, 2025. The reverse stock split will take effect, and the Company’s common shares will begin trading on a split-adjusted basis on NASDAQ, as of the opening of trading on August 25, 2025, under the existing trading symbol “OP”. The CUSIP number of Y6430L301 will be assigned to the Company’s common shares when the reverse stock split becomes effective. When...

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Q2 2025: Operating profit better than expected

Announcement no. 11-2025 21 August 2025 North Media Group CEO Lasse Ingemann Brodt on the Group’s performance in Q2 2025:“Our operating profit for Q2 2025 exceeded expectations. The better-than-expected performance was primarily driven by the initial positive effects of the change in business model for the Swedish distribution business SDR, focusing on automated packing of printed matter, and the takeover of local sales from former franchisees. The EBITDA loss in Bekey was also reduced. These positive effects formed the basis of the upgrade of our full-year EBITDA and EBIT guidance announced last week.”         Financial highlights:DKKm Q2 Q2 YTD  2025 2024 2025 2024Revenue 342.3 343.1 652.8 662.0EBITDA 48.4 60.6 59.0 101.5EBIT 32.4 44.1 31.0 56.2EBIT margin (%) 9.5 12.9 4.7 8.5Return on securities 92.7 141.2 -59.0 296.9Cash...

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Hovnanian Enterprises Reports Fiscal 2025 Third Quarter Results

Total Revenues Increased 11% Year-Over-YearMet or Exceeded All Guidance Metrics Provided86% of Total Lots Are Optioned, Highest Percentage EverSecond Highest TTM ROE Amongst Midsized Homebuilders MATAWAN, N.J., Aug. 21, 2025 (GLOBE NEWSWIRE) — Hovnanian Enterprises, Inc. (NYSE: HOV), a leading national homebuilder, reported results for its fiscal third quarter and nine months ended July 31, 2025. RESULTS FOR THE THREE-MONTH AND NINE-MONTH PERIODS ENDED JULY 31, 2025:Total revenues increased 10.8% to $800.6 million in the third quarter of fiscal 2025, compared with $722.7 million in the same quarter of the prior year. For the nine months ended July 31, 2025, total revenues increased 6.7% to $2.16 billion compared with $2.03 billion in the first nine months of fiscal 2024.Domestic unconsolidated joint ventures(1) sale of homes...

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JSC ‘Siguldas ciltslietu un mākslīgās apsēklošanas stacija‘ unaudited interim report for the first six months of 2025

In the first six months of 2025, net turnover was 956.2 thousand euros, which is 24.5% more than in the first six months of the previous year, but profit before corporate income tax was 57.7 thousand euros – 6.0% or 3.7 thousand euros less than in the corresponding period of the previous year. JSC ‘Siguldas ciltslietu un mākslīgās apsēklošanas stacija’ (hereinafter referred to as the Company) is the only producer of high-quality breeding bull semen and one of the largest suppliers of it in Latvia. The second largest field of the Company’s basic economic activities is the milk testing services. The Company also provides other breeding related services – consultations on issues of cattle breeding, feeding and keeping, evaluation of cow exterior, artificial insemination of cows, initial processing of the supervisory data. The company offers...

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