2026 Production and Financial Guidance and Exploration Update
Globenewswire· 2026-02-25 07:00
Core Viewpoint - Amaroq Ltd. has announced its production and financial guidance for 2026, focusing on gold production from the Nalunaq mine and outlining a comprehensive exploration program to enhance resource growth and infrastructure development [2][8]. Production Guidance - The estimated gold production for FY2026 from the Nalunaq mine is projected to be between 25,000 to 35,000 ounces, with production expected to be back-end weighted due to the introduction of Phase 2 flotation recovery in the second half of the year [6]. - The first half of 2026 is expected to yield 7,000 to 10,000 ounces, while the fourth quarter production is anticipated to be between 10,000 to 12,000 ounces [6]. - Average feed grade is expected to be between 14-15 grams per tonne, with total recoveries projected to increase from approximately 60% to 90-95% upon successful commissioning of the Phase 2 flotation circuit [6]. Financial Guidance - The company targets a full-year cash cost of operations between USD 44 million to 47 million and an all-in sustaining cost (AISC) of USD 69 million to 73 million [6]. - AISC for Q4 2026 is expected to be in the range of USD 1,250 to 1,450 per ounce, with a transition to an owner-operator model anticipated to reduce costs in the second half of the year [6]. Exploration Update - Amaroq plans a comprehensive exploration program with a base case budget of USD 11 million, which could increase to USD 29 million depending on market conditions [6]. - The company aims to rehabilitate surface facilities and update technical feasibility studies for a Phase 1 mining operation in 2028, alongside resource growth exploration programs [6][12]. - A phased resource development strategy will be initiated at the Nanoq site, focusing on systematic drill testing to establish geological continuity [12][7]. Financial Position - As of year-end 2025, the company reported a cash balance of CAD 27.2 million and CAD 8.9 million in undrawn credit facilities, with total assets amounting to CAD 352.6 million [13]. - The net debt stands at CAD 15.3 million, indicating a solid financial position to support ongoing operations and exploration activities [13].
PRESS RELEASE: Nacon announces that it has today filed for insolvency and is requesting the initiation of judicial reorganisation proceedings
Globenewswire· 2026-02-25 07:00
Press ReleaseLesquin, 25 February 2026, 08:00 Nacon announces that it has today filed for insolvency* and is requesting the initiation of judicial reorganisation proceedings ** Lesquin, 25 February 2026 – Nacon (the “Company”), a subsidiary of the Bigben Group, has applied for the opening of judicial reorganisation proceedings (“redressement judiciaire”) before the Commercial Court of Lille Métropole (the “Court”). The suspension of trading in the Company’s shares on the regulated market of Euronext Pari ...
PRESS RELEASE: Bigben Interactive announces that it is today requesting the initiation of an amicable conciliation procedure in order to facilitate discussions with its financial creditors
Globenewswire· 2026-02-25 07:00
Press ReleaseLesquin, 25 February 2026, 08:00 Bigben Interactive announces that it is today requesting the initiation of an amicable conciliation procedure in order to facilitate discussions with its financial creditors Lesquin, 25 February 2026 – Bigben Interactive (the “Company”) hereby announces that it has today filed a request for the opening of a conciliation procedure with the President of the Lille Métropole Commercial Court (the “Court”). The suspension of trading in the Company’s financial instr ...
Aktsiaselts Infortar Unaudited Consolidated Interim Report for fourth quarter and 12 months of 2025
Globenewswire· 2026-02-25 07:00
Core Insights - Infortar reported a significant increase in sales revenue and EBITDA for the year 2025, with sales revenue rising by over one third to EUR 1.837 billion and EBITDA increasing by 60% to EUR 233 million [1][11][12]. Financial Performance - The Group's total assets reached EUR 2.588 billion, with equity amounting to EUR 1.178 billion and net profit of EUR 72 million [1][15]. - Loan liabilities decreased by one sixth to EUR 1.060 billion, while net debt declined by one fifth to EUR 841 million [1][16]. - The consolidated net profit for 2025 was EUR 71.969 million, down from EUR 193.670 million in 2024, but underlying profitability improved when excluding one-off gains from the previous year [15][23]. Business Segments - The maritime transport segment faced challenges, with Tallink carrying 1.3 million passengers, a decrease of 0.3% year-over-year [6]. - The energy segment, represented by Elenger Grupp, sold 4.8 TWh of energy in Q4 2025, with a market share of 21% [7]. - The real estate segment continued construction projects, including a EUR 67.2 million contract for Rail Baltica and a commercial space for Depo [8]. Investment Strategy - Infortar's investments in agriculture, including the acquisition of Estonian dairy farms, are seen as a strategic move to balance the portfolio and support long-term growth [5]. - The company aims to diversify its risk and generate stable cash flows through active portfolio management across different sectors [4]. Dividends - The Management Board intends to propose a dividend of EUR 3.02 per share for the 2025 financial year, which includes a base dividend and additional dividends from Tallink [17].
Wolters Kluwer 2025 Full-Year Report
Globenewswire· 2026-02-25 07:00
Wolters Kluwer 2025 Full-Year Report Alphen aan den Rijn, February 25, 2026 – Wolters Kluwer, a global leader in professional information solutions, software and services, today releases its full-year 2025 results. Highlights Revenues €6,125 million, up 7% in constant currencies and up 6% organically. Recurring revenues (83% of total revenues) up 7% organically; non-recurring down 1%.Cloud software revenues (21% of total revenues) up 15% organically.Print reduced organic growth by 50 basis points. Adjusted ...
Ignitis Group has agreed to sell 49% of its shares in Vilnius CHP
Globenewswire· 2026-02-25 07:00
AB “Ignitis grupė“ (hereinafter – the Group) informs that on 24 February 2026, as part of its asset rotation program and in order to ensure proper implementation of the decision of the European Commission (hereinafter – the EC), it has agreed with Quaero European Infrastructure Fund III, a fund managed by Quaero Capital SA (hereinafter – Quaero Capital), on the sale of a 49% stake in UAB Vilniaus kogeneracinė jėgainė (hereinafter – Vilnius CHP) managed by the Group. This is one of the largest foreign direct ...
VINCI launches an issue of bonds exchangeable for existing ordinary shares of Groupe ADP due 2031 for a nominal amount of €500m
Globenewswire· 2026-02-25 07:00
Core Viewpoint - VINCI is launching a €500 million bond exchangeable for existing ordinary shares of Groupe ADP, aiming to monetize part of its stake at a premium compared to the reference price [1][2]. Group 1: Bond Details - The bonds will mature in 5 years, with a maturity date set for 4 March 2031, and will carry a coupon rate between 0.75% and 1.25% per annum, payable semi-annually starting from 4 September 2026 [3][4]. - The initial exchange price is expected to be set at a premium of 30% to 35% above the reference share price, determined by the Volume Weighted Average Price (VWAP) on Euronext Paris [3][4]. - If fully exchanged at maturity, VINCI will retain approximately 4.9% of Groupe ADP's share capital [4]. Group 2: Use of Proceeds - The proceeds from the bond issuance will be utilized for general corporate purposes [5]. Group 3: Offering Process - The bonds will be offered through an accelerated book building process exclusively to qualified investors, without a public offering [6][8]. - VINCI has committed to a lock-up period concerning its shares in Groupe ADP for 90 days post-issue date, with certain exceptions [7]. Group 4: Key Characteristics - Total amount of the bond issue is €500 million, with an issue price of 100% of the principal amount [7]. - The bonds will have a principal amount of €100,000 for each bond, and the exchange period will commence 41 calendar days after the issue date [7][30].
Novonesis' Annual Report 2025
Globenewswire· 2026-02-25 06:57
Core Insights - Novonesis achieved strong organic sales growth of 7% in 2025, with an adjusted EBITDA margin of 37.1% and robust cash flow despite currency challenges [1][4] - The company anticipates a positive start to 2026, projecting continued growth across all sales areas and margin expansion [1][4] Financial Performance - Organic sales growth was broad-based, with Food & Health segment growing at 8% and Planetary Health at 6% [4] - Emerging Markets saw a 9% organic growth, while Developed Markets grew by 6% [4] - Adjusted net profit increased by 17%, and free cash flow before acquisitions was EUR 770.4 million, representing 19% of sales [4] - Proposed dividend of DKK 4.25 per share, with a payout ratio of 58.4% of adjusted net profit for 2025 [4] Strategic Developments - The company launched 33 new products in 2025, with innovations from the last five years accounting for 25% of sales [4] - Novonesis achieved all six environmental and social targets for 2025 and is on track for future commitments [4] 2026 Outlook - The company expects organic sales growth between 5-7% for 2026, with some uncertainty regarding consumer sentiment [4] - The outlook includes approximately 1%-point contribution from positive pricing and sales synergies, alongside a near 1%-point negative impact from exiting certain countries [4] - Adjusted EBITDA margin is projected to be between 37-38%, with expected margin expansion despite currency headwinds [4]
Outlook for 2026 and new share buyback
Globenewswire· 2026-02-25 06:53
Group 1: Outlook for 2026 - AL Sydbank projects moderate growth in the Danish economy for 2026, with profit after tax expected to be in the range of DKK 3,500-4,000 million, assuming the Danish central bank maintains the certificate of deposit rate [1] Group 2: Share Buyback Program - The Board of Directors has approved a share buyback program amounting to DKK 1,100 million, aimed at reducing the Bank's share capital [2] - The share buyback program will commence on March 2, 2026, and is scheduled to be completed by January 31, 2027 [3] - Danske Bank A/S has been selected to manage the share buyback program, which will adhere to the Safe Harbour rules as per EU regulations [4] Group 3: Purchase Guidelines - Shares will not be purchased at a price exceeding the higher of the last independent trade price or the highest current independent purchase bid on the trading venue [5] - Daily purchases will be limited to 25% of the average daily volume of shares traded in the preceding 20 trading days [5] - AL Sydbank will disclose the number and value of repurchased shares every week on the first banking day [5] Group 4: Program Flexibility - AL Sydbank reserves the right to suspend or terminate the share buyback program at any time, with such decisions to be announced publicly [6]
Notice convening the Annual General Meeting
Globenewswire· 2026-02-25 06:51
Group 1 - The Annual General Meeting of AL Sydbank A/S is scheduled for Thursday, March 19, 2026, at 3:00 PM [1] - The notice and agenda for the general meeting have been attached to the announcement [1]