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Elis: Disclosure of trading in own shares occured from February 16 to February 20, 2026
Globenewswire· 2026-02-24 07:00
Core Viewpoint - Elis has conducted a share buyback program from February 16 to February 20, 2026, in accordance with EU regulations, aimed at covering employee share plans and obligations related to convertible bonds [2][3]. Summary by Sections Share Buyback Details - The total number of shares purchased during the buyback period is 426,820 shares, with a weighted average price of €27.4698 [2][3]. - The buyback transactions were executed on various platforms, including XPAR, DXE, TQE, and AQE, with daily volumes and prices varying across the days [2]. Purpose of Share Buybacks - The primary purposes of the share buyback operations include: 1. Covering maturing performance share plans and allocating free shares to employees as part of the "Elis for All 2026" international employee shareholding plan. 2. Meeting obligations related to the delivery of treasury shares under the potential conversion of Bonds Convertible into New Shares and/or Exchangeable for Existing Shares (OCEANEs) due September 22, 2029. 3. Canceling any remaining shares in accordance with the resolution from the Combined General Meeting held on May 22, 2025 [3].
Selected candidates for the Management Board of AB “Ignitis grupė”
Globenewswire· 2026-02-24 07:00
Core Viewpoint - The Supervisory Board of "Ignitis grupė" has selected candidates for a new four-year term for the Management Board, expected to take office on March 26, 2026, ensuring continuity in the Group's strategy and leadership [1][8]. Group Management Board Composition - The new Management Board will consist of five members, including four current members and one new member with extensive experience in the energy sector [2]. - Darius Maikštėnas will continue as Chair of the Management Board and CEO, having led the transformation of "Lietuvos energija" into "Ignitis grupė," the largest listed company in the Baltic States, with financial results doubling and a threefold increase in renewable energy projects during his tenure [2]. - Jonas Rimavičius, the Group CFO, has overseen key strategic initiatives, including a successful IPO and green bond issuances, contributing to the Group's long-term growth strategy [3]. - Dr. Živilė Skibarkienė, Chief Organisational Development Officer, has led enterprise-wide transformation and digitalization efforts, earning the Group the "Top Employer" rating five times [4]. - Mantas Mikalajūnas, Chief Regulatory Officer, has nearly two decades of experience in the energy sector, overseeing regulated activities and government relations [5]. - Vytenis Koryzna, the new member, brings over a decade of experience in renewable energy and strategic leadership, previously serving as CEO of Detra Solar and Enefit Lithuania [6]. Selection Process - The selection process for the Management Board candidates was conducted by an external recruitment agency, with applications accepted until January 5, 2026, and candidates assessed based on their qualifications and experience [10]. Governance and Terms - The Management Board is elected for a four-year term, with the CEO also serving as the Chair of the Management Board, in accordance with corporate governance guidelines [8]. - The current term of the Management Board ends on March 25, 2026, and the second term of the current CEO, D. Maikštėnas, will conclude on February 28, 2027 [9].
VAALCO Energy, Inc. Announces Encouraging Operational Update
Globenewswire· 2026-02-24 07:00
Core Viewpoint - Vaalco Energy, Inc. has announced positive operational updates in Gabon and Cote d'Ivoire, highlighting significant drilling results and a strategic partnership that positions the company for substantial production growth by 2030 [1][4]. Gabon Drilling Highlights - The Etame 15H-ST well has been successfully drilled and completed, achieving a stabilized flow rate of approximately 2,000 barrels of oil per day (BOPD) with a 38% water cut [6]. - The company is actively managing the well to stabilize pressure and reservoir management [6]. - A new exploration well in West Etame has been spudded, with a 57% chance of geological success, expected to reach the target zone by mid-March [6]. Cote d'Ivoire Highlights - Vaalco has been confirmed as the operator with a 60% working interest in the Kossipo field, which has an estimated 293 million barrels of oil equivalent (MMBOE) in place [4][6]. - A field development plan (FDP) is expected to be submitted in the second half of 2026, aimed at enhancing production in Cote d'Ivoire [4]. - The Baobab FPSO is on track to return to the field and commence production in Q2 2026, which, along with the Gabon drilling campaign, is anticipated to drive meaningful growth [4][6].
Signify proposes changes to its Supervisory Board
Globenewswire· 2026-02-24 07:00
Core Viewpoint - Signify proposes changes to its Supervisory Board, including new appointments and re-appointments, to enhance its governance and strategic direction [1][9]. Group 1: Proposed Appointments - The Supervisory Board proposes to appoint Barbara Holzapfel and Jeroen Hoencamp as new members, who will attend meetings as observers starting March 1, 2026, until their official appointment [2][11]. - Barbara Holzapfel has extensive experience in technology and marketing, having held significant roles at companies like SAP and Microsoft, and currently serves on the board of Blackline Safety Corp [3][4]. - Jeroen Hoencamp has a strong background in telecommunications, having served as CEO of VodafoneZiggo and currently advising GIC, with a focus on business and IT transformations [5][6]. Group 2: Re-appointments and Changes - The Supervisory Board proposes the re-appointment of Bram Schot, who has been a member since May 2022, contributing to the company's long-term objectives [7]. - Jeroen Drost will assume the role of Chair of the Supervisory Board effective March 1, 2026, succeeding Gerard van de Aast, who will remain until the end of his term in 2027 [8]. - Rita Lane will step down from the Supervisory Board after a decade of service, having been a member since the company's IPO in 2016 [10][11]. Group 3: Company Overview - Signify is the world leader in lighting, with sales of EUR 5.8 billion in 2025 and a workforce of approximately 27,000 employees, operating in over 70 markets [12]. - The company is recognized for its sustainability efforts, being included in the Dow Jones Sustainability World Index and earning a CDP 'A' score for climate performance [12].
Vaisala has published Annual Report 2025
Globenewswire· 2026-02-24 07:00
Core Insights - Vaisala Corporation has published its Annual Report for 2025, which includes the Board of Directors' Report, Consolidated and Parent Company Financial Statements, Auditor's Report, and Remuneration Report [1] - The Sustainability statement in the report adheres to the European Sustainability Reporting Standards (ESRS) and the Finnish Accounting Act [1] Group 1 - The Annual Report is accessible on the company's website and includes separate documents for the Corporate Governance Statement and Remuneration Report [2] - Vaisala's financial statements are published in the European Single Electronic Format (ESEF), with primary financial statements labeled with XBRL tags [3] - An independent auditor's report by PricewaterhouseCoopers Oy has been provided for Vaisala's ESEF financial statements [3] Group 2 - Vaisala is recognized as a global leader in measurement instruments and intelligence for climate action, focusing on resource efficiency and energy transition [4] - The company has over 90 years of innovation and employs approximately 2,500 experts dedicated to environmental measures [4] - Vaisala's series A shares are listed on the Nasdaq Helsinki stock exchange [4]
Technip Energies awarded a significant contract for the Coral Norte floating LNG project in Mozambique
Globenewswire· 2026-02-24 06:30
Core Insights - Technip Energies, in collaboration with JGC and Samsung Heavy Industries, has secured a significant contract from Mozambique Rovuma Venture (MRV) to advance the Coral Norte Floating Liquefied Natural Gas (FLNG) project, marking Mozambique's second floating LNG facility [1][12][14] Group 1: Project Details - The contract builds upon a previously announced agreement for early works, confirming the ongoing progress of Technip Energies' involvement in the Coral Norte FLNG project [2] - Coral Norte is designed as an enhanced replica of the successful Coral Sul project, utilizing the same feed gas composition and field location, which aims to improve project execution efficiency and LNG capacity [3] - The hull launch for the Coral Norte project took place on January 16, 2026, in Geoje, South Korea, indicating rapid advancement through early works and the adoption of a replica concept [2] Group 2: Company Expertise and Partnerships - Loïc Chapuis, President of Project Delivery & Services at Technip Energies, emphasized the project as a testament to the company's engineering and project delivery expertise, highlighting the successful replication of proven solutions [4] - The contract strengthens Technip Energies' long-standing partnership with Eni and its Area 4 partners, reinforcing the company's leadership in delivering innovative LNG solutions [4] Group 3: Company Overview - Technip Energies is recognized as a global technology and engineering powerhouse, with leadership in sectors such as LNG, hydrogen, and sustainable chemistry, contributing to critical markets including energy and decarbonization [5] - The company reported revenues of €6.9 billion in 2024 and operates with over 17,000 employees across 34 countries, committed to sustainability and innovation [6]
Nicox Highlights Positive NCX 470 Phase 3 Data Confirming Therapeutic Profile at the 2026 American Glaucoma Society Annual Meeting
Globenewswire· 2026-02-24 06:30
Core Insights - Nicox SA presented positive Phase 3 data for NCX 470 at the 2026 American Glaucoma Society Annual Meeting, highlighting its potential as a new treatment for glaucoma [1][3] - NCX 470 demonstrated a best-in-class intraocular pressure (IOP) lowering efficacy of up to 10mmHg from baseline, meeting the efficacy requirements for New Drug Applications in the U.S. and China [2][3] Company Overview - Nicox SA is an international ophthalmology company focused on developing innovative solutions for vision maintenance and ocular health [8] - The lead product, NCX 470, is a nitric oxide-donating bimatoprost eye drop aimed at lowering IOP in patients with open-angle glaucoma or ocular hypertension [8] Clinical Trial Results - The DENALI Trial showed that NCX 470 0.1% was non-inferior to latanoprost 0.005% at all time points, with NCX 470 achieving statistically superior IOP reductions at 3 out of 6 evaluated time points [4][7] - NCX 470 was found to be safe and well tolerated, with low discontinuation rates and no serious adverse events reported [5][7] Mechanism of Action - NCX 470 operates through a dual mechanism of action, enhancing both trabecular meshwork and uveoscleral outflow to lower IOP [3][6] - Preclinical data suggest potential benefits in retinal protection, further differentiating NCX 470 from existing treatments [3] Market Potential - Approximately 40% of glaucoma patients do not reach their target IOP with current monotherapies, indicating a significant need for new treatment options [3] - Nicox's strategic partnerships for NCX 470 include licensing agreements with Ocumension Therapeutics and Kowa for various markets [8]
Solvay fourth quarter and full year 2025 results
Globenewswire· 2026-02-24 06:00
Core Insights - The company achieved strong free cash flow of €350 million in 2025 despite a challenging market environment, with a focus on strategic and sustainability commitments [4][6] - Underlying net sales for 2025 were €4.3 billion, reflecting a 6.5% organic decline compared to 2024, while underlying EBITDA was €881 million, down 13.4% organically [6][14] - The company is committed to its "Essential chemistry" strategy, emphasizing cost savings and disciplined capital allocation to navigate market softness and geopolitical uncertainties [5][8] Financial Performance - Q4 2025 net sales were €995 million, a 12.3% decrease year-on-year, while FY 2025 net sales totaled €4,262 million, down 9.0% [2] - EBITDA for Q4 2025 was €169 million, a 33.9% decline year-on-year, with an EBITDA margin of 17.0% [2] - The underlying net profit from continuing operations was €306 million in 2025, compared to €445 million in 2024 [6] Cost Management and Strategic Initiatives - The company generated over €200 million in cost savings over the past two years, focusing on digitalization and simplification [5] - Structural cost savings initiatives contributed €101 million in 2025, with cumulative savings reaching €211 million [6] - Transformation expenses negatively impacted EBITDA by €27 million and free cash flow by €71 million in 2025 [6] Dividend and Future Outlook - A total proposed gross dividend of €2.43 per share is subject to shareholder approval, with a stable-to-increasing dividend policy confirmed [11] - For 2026, the company expects underlying EBITDA to be between €770 million and €850 million, with free cash flow projected to be at least €200 million [9][13] - The company anticipates continued geopolitical and macroeconomic challenges, impacting end-market demand and pricing pressure [9]
2026 ANNUAL GENERAL MEETING OF SIKA AG
Globenewswire· 2026-02-24 06:00
Core Points - The Annual General Meeting of Sika AG is scheduled for March 24, 2026, with all current Board members standing for re-election except Paul Schuler [2][6] - The Board proposes to increase the gross dividend by 2.8% to CHF 3.70 per share, up from CHF 3.60 the previous year [3][6] - The complete agenda for the meeting will be sent to shareholders on February 25, 2026, and published in the Swiss Official Gazette of Commerce [4] Company Profile - Sika is a leading specialty chemicals company focused on bonding, sealing, damping, reinforcing, and protection products for the construction and industrial sectors [5] - The company operates in 102 countries, with over 400 production facilities, and employs approximately 33,700 people [5] - In 2025, Sika reported annual sales of CHF 11.20 billion, highlighting its significant market presence [5]
2025 ANNUAL RESULTS: Performance significantly improved, solid progress on Group key priorities, on trajectory to 1.5x leverage at the end of 2026
Globenewswire· 2026-02-24 06:00
Core Insights - FORVIA's 2025 results show ongoing margin improvement and deleveraging, supported by strong cash flow generation [2][3] - The company is focused on three strategic priorities: delivering performance, driving business transformation, and invigorating culture [2][3] Financial Performance - Reported sales for 2025 were €26.2 billion, or €27 billion at constant currency, remaining flat year-on-year [7] - Operating margin improved to 5.6% of sales, up 40 basis points compared to 2024 [7] - Net cash flow increased by 47% to €962 million [7] - Net debt decreased by €0.6 billion to €6.0 billion, with a net debt to adjusted EBITDA ratio of 1.7x, down from 2.0x at the end of 2024 [7][18] Strategic Initiatives - The planned divestiture of the Interiors Business Group is in advanced negotiations and is expected to reduce net debt by over €1 billion [4][36] - The company has undertaken significant non-cash exceptional charges in 2025, reflecting disciplined portfolio decisions aligned with its simplification and resilience objectives [5][24] Market Context - Global automotive production increased by 3.9% to 93 million light vehicles in 2025, with strong growth in China offsetting declines in Europe and North America [9] - The unfavorable geographic mix effect for FORVIA was approximately 2.5 percentage points due to regional shifts [9] Operational Highlights - Organic sales were broadly stable, with product sales up 1.5%, offset by lower tooling sales [12] - The company achieved €165 million in restructuring savings and €63 million in synergies from the FORVIA HELLA integration, reaching a target of €400 million by the end of 2025 [13] 2026 Outlook - FORVIA anticipates a challenging production environment in 2026, with global automotive production projected to decline slightly to 92.8 million light vehicles [37] - The company aims to continue rigorous cost control and cash management, expecting further benefits from the EU-FORWARD and SIMPLIFY programs [38]