Core Points - The FDA has lifted the recommended pause on the use of IXCHIQ for individuals aged 60 and older, following a thorough review by the European Medicines Agency (EMA) [1][2] - IXCHIQ is indicated for the prevention of disease caused by the Chikungunya Virus (CHIKV) in individuals 18 years and older at high risk of exposure [1][2] - The product's prescribing information has been updated to include reports of serious adverse events, particularly among elderly individuals with multiple underlying health conditions [2][4] Company Overview - Valneva SE is a specialty vaccine company focused on developing, manufacturing, and commercializing prophylactic vaccines for infectious diseases [7] - The company has advanced multiple vaccines from early R&D to approvals and currently markets three proprietary travel vaccines [8] - Revenues from the commercial business support the advancement of the vaccine pipeline, including candidates for Lyme disease, Zika virus, and other public health threats [9] Industry Context - Chikungunya virus (CHIKV) is a mosquito-borne disease that has caused significant outbreaks globally, with over 3.7 million cases reported in the Americas between 2013 and 2023 [6] - The World Health Organization (WHO) has identified chikungunya as a major public health problem, with the economic impact expected to grow due to climate change [6]

Core Insights - Toyota Motor reported higher-than-expected operating profit for the June quarter despite facing challenges from U.S. tariffs [1] - The company's operating profit dropped 11% year-on-year, marking the third consecutive quarterly decline [1] - Net income attributable to Toyota fell 37% to 841.3 billion yen [2] Financial Performance - Revenue for the quarter was 12.25 trillion yen, slightly above the estimate of 12.19 trillion yen [4] - Operating profit was reported at 1.17 trillion yen, significantly higher than the expected 881.41 billion yen [4] Market Dynamics - Strong global demand was noted, with record worldwide sales reported in the first half of the year [2] - Japanese carmakers, including Toyota, have been reducing prices to maintain market share in the U.S. following the implementation of a 25% tariff on imported vehicles [2] - In June, the value of Japan's car exports to the U.S. fell by 25.3% year-on-year, although export volumes increased by 4.6% [3] Trade Relations - A new trade deal announced by President Trump is expected to reduce tariffs on Japanese vehicles to 15%, although the timeline for this change is unclear [3] - Auto exports to the U.S. are crucial for Japan's economy, accounting for approximately 24% of its global auto shipments in 2024 [3]

Core Viewpoint - Lassila & Tikanoja plc is initiating a written procedure to solicit consents, waivers, and decisions to amend the terms of its EUR 75 million sustainability-linked notes due in 2028, in relation to a planned partial demerger of the company [2][4]. Group 1: Demerger Details - The demerger will transfer all assets, debts, and liabilities related to the Circular Economy business area to a new independent company named Lassila & Tikanoja Plc [2]. - The new company will assume all obligations and liabilities under the sustainability-linked notes, effectively becoming the new issuer of these notes [3]. Group 2: Consent Solicitation Process - The demerger plan constitutes a put option event, allowing noteholders to demand early redemption of the notes regardless of the proposal's approval [4]. - A consent fee of 0.20% will be offered to noteholders who vote in favor or abstain from voting, with an additional early bird consent fee of 0.10% for those voting in favor by a specified deadline [6]. Group 3: Voting and Approval - A quorum for the written procedure requires participation from noteholders holding at least 50% of the principal amount of the notes [7]. - The proposal will be approved if more than 50% of the votes cast are in favor, and if less than 50% respond, the response period may be extended [7]. Group 4: Implementation Timeline - The proposal is subject to approval and the completion of the demerger by March 31, 2026, with the effective date expected around December 31, 2025 [6][9]. - If the proposal is not approved or the demerger does not occur by the backstop date, the terms of the notes will remain unchanged [9].

Core Viewpoint - The Board of Directors of Lassila & Tikanoja plc has approved a demerger plan to separate its Circular Economy business into a new independent listed company, enhancing shareholder value and operational focus [1][3][4]. Demerger Overview - The demerger will transfer all assets, debts, and liabilities related to the Circular Economy business to a new company named New Lassila & Tikanoja, while the existing company will retain its Facility Services business and be renamed Luotea [1][7]. - The demerger is subject to approval by the Extraordinary General Meeting (EGM) scheduled for 4 December 2025, with a planned completion date of 31 December 2025 [7][11]. Strategic Rationale - The separation is expected to increase shareholder value by allowing each business area to execute focused strategies and growth opportunities more effectively [3][4]. - Improved agility, independent decision-making, and stronger management focus are anticipated to enhance the performance of both New Lassila & Tikanoja and Luotea [4][5]. Market Position and Growth Potential - The New Lassila & Tikanoja is positioned in a growing circular economy market valued at approximately EUR 8.7 billion across Finland and Sweden, with an expected annual growth rate of 3% [9]. - Luotea operates in a stable property services market with a target size of approximately EUR 12.2 billion, expected to grow at about 4% annually [9]. Financial Information - For the period from 1 July 2024 to 30 June 2025, the Circular Economy business reported net sales of EUR 415.2 million and an adjusted EBITDA margin of 20.7% [15]. - The New Lassila & Tikanoja aims for an average annual net sales growth of over 6% and an adjusted EBITA margin of 11% in the mid-term [21]. Shareholder Support - Major shareholders, holding approximately 27.59% of the shares, have committed to vote in favor of the demerger at the upcoming EGM [29]. Management Structure - The intended management for the New Lassila & Tikanoja includes Jukka Leinonen as Chairman and Eero Hautaniemi as President and CEO, while Johan Mild is proposed as Chairman and Antti Niitynpää as President and CEO for Luotea [7][24][26].

Core Insights - The article does not provide specific company or industry insights, focusing instead on disclosures and disclaimers related to investment positions and advice [1][2] Group 1 - There are no stock, option, or similar derivative positions held by the analyst in any mentioned companies, nor plans to initiate such positions in the next 72 hours [1] - The article expresses personal opinions of the author and does not reflect the views of Seeking Alpha as a whole [2] - Seeking Alpha's analysts include both professional and individual investors who may not be licensed or certified by any regulatory body [2]

Amsterdam, August 7, 2025 Highlights Increase in full year 2025 Directional1 revenue guidance from above US$4.9 billion to above US$5.0 billion Increase in full year 2025 Directional EBITDA guidance from around US$1.55 billion to above US$1.6 billion 26% increase in year-to-date Directional revenue of US$2.3 billion; 10% increase in Directional EBITDA of US$682 millionFirst oil for FPSOs Almirante Tamandaré and Alexandre de GusmãoFPSO ONE GUYANA on charter, preparing for first oilFPSO GranMorgu operations a ...

COMMENTARY FROM MANAGEMENT Merko Ehitus generated revenue of EUR 83 million in the second quarter of 2025 and EUR 168 million in the first half of the year. Net profit for Q2 amounted to EUR 11.2 million, while net profit for the six-month period was EUR 21.7 million. The share of real estate development in revenue and profit increased in the second quarter. Merko launched the construction and sale of 723 new apartments in the first half of the year, most of them in Vilnius, where the real estate market rem ...

Trondheim, Norway, 7 August 2025: NORBIT, a global provider of tailored technology to carefully selected applications, will announce its results for the second quarter of 2025 on Thursday 14 August 2025. The interim report for the first half-year and the presentation material will be available from 07:00 am CEST at the company's homepage, www.norbit.com and Oslo Stock Exchange's news site, www.newsweb.no (http://www.newsweb.no). CEO Per Jørgen Weisethaunet and CFO Per Kristian Reppe will present the results ...

Core Insights - ForFarmers reported strong results for the first half of 2025, with a total volume increase to 5.2 million tonnes and robust profitability [1][6] - The company is expanding its market positions through strategic initiatives, including a joint venture in Germany and the acquisition of Van Triest Veevoeders [1][6] - Sustainability efforts are being prioritized, focusing on reducing CO2 emissions and promoting circularity through co-products [2] Financial Performance - Total volume increased by 21.3% compared to H1 2024, driven by the acquisition and joint venture consolidation, with a like-for-like growth of 2.4% [6] - Compound feed volume rose by 5.4%, with a like-for-like growth of 0.5% [6] - Gross profit increased by 16.8% to €290.8 million, with contributions from all clusters [6] - Underlying EBITDA and EBIT saw significant increases of 42.7% and 57.7%, respectively, compared to the same period last year [6] - Underlying net profit attributable to shareholders rose by 46.3% to €23.4 million [6] - Net cash flow from operating activities grew to €63.8 million, up from €25.5 million in H1 2024, allowing for a reduction in net debt [6] - ROACE on underlying EBIT improved from 10.7% as of June 30, 2024, to 14.3% as of June 30, 2025 [6] Market Position and Strategy - ForFarmers is a leading player in Europe with sales of approximately 10 million tonnes of animal feed [5] - The company has production facilities in the Netherlands, Germany, Poland, and the United Kingdom, and exports to various countries [5] - The reorganization in the United Kingdom has been completed, resulting in substantial profitability improvements [6]

Saint-Cloud, August 7, 2025 – Elis, the global leader in circular services at work, today announces the signature of an agreement to acquire 100% of O.C.L. Laundry Services Limited (OCL) in Ireland. The closing of the transaction is subject to standard regulatory conditions. OCL operates an industrial laundry in Ballinrobe (Co. Mayo) in the Western part of the country, and services Hospitality customers. The company currently employs 170 people and delivered revenue of c. 17 million euros in 2024. About Eli ...