Norðurál is one of the largest customers of ON Power, a subsidiary of Orkuveitu Reykjavíkur. It is clear that due to a malfunction at Norðurál’s plant in Grundartangi yesterday, the smelter’s production will be partially halted, which will affect ON Power’s operations. There has been good communication with Norðurál since the malfunction occurred, but the extent of the impact has not yet been determined. ...

Continued Acceleration in Like-for-like Growth1 Progress across All Divisions Sales: 32.80 billion euros, +3.4% like-for-like2 (+3.7% adjusted1), +1.2% reported.Growth in all Divisions. Momentum accelerating across the board between the first six and nine months.Growth in all regions, boosted by the continuing recovery in North America and mainland China.Continued strong momentum in haircare and fragrances; makeup sequentially improving.Growth in both volume and value with a strong contribution from mix ...

Core Insights - Kering and L'Oréal have announced a long-term strategic partnership in luxury beauty and wellness, which includes the acquisition of the House of Creed by L'Oréal and exclusive licenses for Kering's iconic brands [3][4][5] - The partnership aims to leverage the strengths of both companies to accelerate growth in high-potential categories and explore new business opportunities in wellness and longevity [4][8] - The total value of the agreement, including the sale of Creed and the establishment of 50-year licenses, is estimated at €4 billion, with cash payment expected in the first half of 2026 [7] Company Summaries Kering - Kering is a global luxury group that encompasses various creative Houses, including Gucci, Saint Laurent, and Bottega Veneta, and generated revenue of €17.2 billion in 2024 [10] - The company aims to enhance the development of fragrance and cosmetics for its major Houses through this partnership, similar to the success achieved with Yves Saint Laurent Beauté under L'Oréal's management [9] - Kering will grant L'Oréal exclusive licenses for the creation and distribution of fragrance and beauty products for Gucci, Bottega Veneta, and Balenciaga, starting after the expiration of existing agreements [6][7] L'Oréal - L'Oréal is the world's leading beauty company, with a portfolio of 37 international brands and sales amounting to €41.18 billion in 2023 [11][12] - The partnership with Kering will solidify L'Oréal's position as the top luxury beauty company and expand its reach into new segments, particularly in the niche fragrance market through the House of Creed [9] - L'Oréal's expertise in beauty innovation will be combined with Kering's understanding of luxury clients to create new experiences and services in wellness [8][9]

For those looking to find strong Basic Materials stocks, it is prudent to search for companies in the group that are outperforming their peers. Has Integra Resources Corp. (ITRG) been one of those stocks this year? By taking a look at the stock's year-to-date performance in comparison to its Basic Materials peers, we might be able to answer that question.Integra Resources Corp. is one of 242 individual stocks in the Basic Materials sector. Collectively, these companies sit at #12 in the Zacks Sector Rank. T ...

Reykjavík Energy (Orkuveita Reykjavíkur) is holding a bond auction today, Wednesday, October 8th, 2025. Bonds in the green bond classes OR031033 GB, OR280845 GB and OR180255 GB will be offered for sale. OR031033 GB bears 8.30% fixed nominal interest and pays equal instalments every six months with a final maturity date of October 3rd, 2033. Previously, bonds with a nominal value of ISK 9,950 million have been issued in the class and admitted to trading on Nasdaq Iceland. OR0280845 GB bears fixed indexed int ...

Momentum investing revolves around the idea of following a stock's recent trend in either direction. In "long context," investors will be essentially be "buying high, but hoping to sell even higher." With this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving that way. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.Even though momentum is a popular stock characte ...

Company Overview - L'Oréal is the world's leading beauty player with a history of 115 years, focusing on fulfilling global beauty aspirations and committed to social and environmental sustainability [2] - The company has a diverse portfolio of 37 international brands and aims to provide quality, efficacy, safety, sincerity, and responsibility in its products [2] Financial Performance - In 2024, L'Oréal generated sales of 43.48 billion euros, showcasing its strong market presence and balanced geographical footprint [3] - The company employs over 90,000 individuals and operates across various distribution networks, including e-commerce, mass market, and department stores [3] Innovation and Recognition - L'Oréal was named the most innovative company in Europe by Fortune magazine in 2025, ranking among 300 companies across 21 countries and 16 industries [4]

Core Viewpoint - OR Royalties Inc. reported strong preliminary results for Q3 2025, achieving record revenues and maintaining a solid cash position after repaying its revolving credit facility [1][2][3]. Financial Performance - The company earned 20,326 attributable gold equivalent ounces (GEOs) in Q3 2025 [2]. - Preliminary revenues from royalties and streams reached $71.6 million, marking a quarterly record, with a cost of sales (excluding depletion) of $2.4 million, resulting in a cash margin of approximately $69.3 million, or 96.7% [2][11][12]. Cash and Debt Position - As of September 30, 2025, OR Royalties had a cash position of approximately $57.0 million after repaying the outstanding balance of $35.4 million on its revolving credit facility [3]. - The company's revolving credit facility of $650.0 million, along with an uncommitted accordion of $200.0 million, remained entirely undrawn at the end of Q3 [3]. Upcoming Events - The results release is scheduled for November 5, 2025, after market close, followed by a conference call on November 6, 2025, at 10:00 am ET [4]. - An Analyst & Investor Day is planned for November 10, 2025, at 1:00 pm ET, with both in-person and live webcast options available [4]. Company Overview - OR Royalties is a precious metals royalty and streaming company focused on Tier-1 mining jurisdictions, holding a portfolio of over 195 royalties, streams, and similar interests [13]. - The cornerstone asset includes a 3-5% net smelter return royalty on Agnico Eagle Mines Limited's Canadian Malartic Complex, one of the largest gold mines globally [13].

Investment Forecast - Total investments for Reykjavík Energy Group are projected to reach ISK 245 billion from 2026 to 2030, averaging nearly ISK 50 billion annually [1] - The financial forecast includes an outlook for the current year and has been approved by the Board of Directors [4] Competitiveness and Sustainability - Reykjavík Energy aims to enhance Iceland's competitiveness by generating more energy and connecting more homes to environmentally friendly utility systems [2] - The company has received an "outstanding" sustainability rating of A3 from Reitun, reflecting its strong performance in environmental, social, and governance factors [5] Financial Growth Projections - Annual revenues are expected to increase from ISK 70.9 billion in 2025 to ISK 96.0 billion in 2030, a growth of 35% [6] - Annual operating expenses are projected to rise from ISK 30.9 billion to ISK 35.6 billion, an increase of 15% [6] - Cash flow from operations is anticipated to grow from ISK 32.2 billion in 2025 to ISK 42.1 billion in 2030, marking a 31% increase [6] - Equity is expected to rise from ISK 262 billion at the end of 2024 to ISK 341 billion by the end of 2030, reflecting a 30% increase [6] Emerging Opportunities - There is a growing interest from parties looking to establish industries in Iceland due to the availability of green energy and carbon storage options [3] - The company hopes that the government's upcoming industrial policy will support the development of green industrial parks, enhancing the sustainability of Icelandic industry [3]

Significant investments are ahead for the companies within the Reykjavík Energy Group. According to the consolidated financial forecast for Veitur Utilities, ON Power, Reykjavík Fibre Network, Carbfix, and the parent company, total investments are expected to amount to ISK 245 billion over the forecast period. It covers the years 2026 through 2030. On average, annual investments are therefore likely to amount to nearly ISK 50 billion. Strengthening Society’s Competitiveness “Reykjavík Energy seeks to streng ...