Orion publishes Financial Statement Release for 2025 and holds a webcast on 12 February 2026
Globenewswire· 2026-01-30 07:30
ORION CORPORATION PRESS RELEASE 30 JANUARY 2026 at 9.30 EET Orion publishes Financial Statement Release for 2025 and holds a webcast on 12 February 2026 Orion will publish Financial Statement Release for 2025 on Thursday, 12 February 2026 at approximately 12.00 noon EET. The release and related presentation material will be available on the company’s website at www.orionpharma.com/investors after publishing. Webcast and conference call A webcast and a conference call for analysts, investors and media repr ...
Government of Liberia and ArcelorMittal sign new long-term Mineral Development Agreement
Globenewswire· 2026-01-30 07:30
30 January 2026, 08:30 CET The Government of the Republic of Liberia and ArcelorMittal (“the Company”) have signed an amendment to the existing Mineral Development Agreement (MDA), which was yesterday ratified via the Liberian legislative process, extending the duration of the agreement to 2050, with a right to renew for a further 25 years. The agreement solidifies ArcelorMittal’s long-term mining expansion and commitment to Liberia. It also provides for the Government’s desire to make the Tokadeh to Buchan ...
Q3 update for the three months ended 31 October 2025
Globenewswire· 2026-01-30 07:00
Performance Overview - The portfolio return on a local currency basis for the quarter ending 31 October 2025 was 1.6%, with a total return of 2.4% for NAV per share [12][14] - The share price total return for the year was 28.1%, outperforming the FTSE All-Share Index total return of 22.5% [12][14] - Over the last five years, the annualized NAV per share total return was 12.8% [14] Investment Activity - Total new investments for Q3 FY26 amounted to £25 million, bringing the year-to-date total to £138 million [2][18] - Total proceeds during Q3 were £82 million, with 45 full exits completed over the last twelve months, achieving a weighted average uplift to carrying value of 11.1% [2][18] - The closing portfolio value as of 31 October 2025 was £1,391 million, with 50% in primary investments, 35% in direct investments, and 15% in secondary investments [12][18] Financial Position - The company maintained a robust balance sheet with a gearing ratio of 3% and total available liquidity of £230 million as of 31 October 2025 [2][20] - The cash balance at the end of the period was £18.4 million, with drawn debt of £51.5 million [22] - The company has undrawn commitments of £416 million to funds in their investment period and £165 million to funds outside their investment period [19] Dividend and Share Buyback - A Q3 dividend of 9p per share was declared, with the Board increasing FY26 dividend guidance to 39p per share, up from 36p in FY25 [2][23] - Since the launch of the long-term buyback program in October 2022, the company has repurchased 8.4% of its opening shares, contributing 71p (3.5%) to NAV per share total return [2][21]
AKVA group ASA: Invitation – presentation of the Q4 2025 financial results
Globenewswire· 2026-01-30 06:56
Group 1 - AKVA group ASA will present its Q4 2025 financial results on February 13, 2026, at 10:00 CET in Oslo [1] - The presentation will be held at Hotel Continental, Stortingsgaten 24/26, and will also be live-streamed [1] - Registration for the physical presentation can be submitted via email [1] Group 2 - Contact information for key executives is provided, including CEO Knut Nesse and CFO Ronny Meinkøhn [2] - Both executives can be reached via phone and email for inquiries [2]
China Advances Undersea Tunnel Projects with Homegrown Technology
Globenewswire· 2026-01-30 06:46
Core Viewpoint - China Railway Construction Corporation (CRCC) is advancing multiple undersea tunnel projects to enhance regional connectivity along China's coastline using domestically developed technologies [1] Group 1: Project Details - The Yongzhou Railway's Jintang undersea tunnel is being excavated to a maximum depth of approximately 78 meters, utilizing China's first integrated shield tunneling system designed for high water pressure management [2] - The Qingdao Jiaozhou Bay Second Tunnel, spanning 17.48 kilometers, employs a combination of shield tunneling and conventional mining methods to navigate through hard rock and fractured zones [4] - The Shenzhen-Jiangmen Deep River undersea tunnel is advancing at depths reaching 116 meters, making it one of the world's deepest high-speed rail tunnels beneath the sea [4] Group 2: Completed Projects - The Jinpu Sea River Tunnel in the Bohai region, part of the Jinan-Qingdao high-speed line, has been completed, overcoming challenges such as corrosive saline soil through specialized anti-corrosion measures [5] Group 3: Technical Advancements - CRCC has established a comprehensive technical system that includes survey and design, construction management, core components, and digital operations, enhancing the efficiency of cross-sea tunnel projects [6]
Sampo plc’s share buybacks 29 January 2026
Globenewswire· 2026-01-30 06:30
Core Viewpoint - Sampo plc has been actively engaging in a share buyback program, acquiring a total of 210,803 A shares on 29 January 2026, as part of a broader initiative announced in November 2025 to repurchase shares worth up to EUR 150 million [1][2]. Group 1: Share Buyback Details - On 29 January 2026, Sampo plc acquired 210,803 A shares at an average price of EUR 9.44 per share across various markets [1]. - The buyback volume included 8,333 shares on AQEU, 79,549 shares on CEUX, 31,275 shares on TQEX, and 91,646 shares on XHEL [1]. - The share buyback program commenced on 6 November 2025, following authorization from Sampo's Annual General Meeting on 23 April 2025 [1]. Group 2: Ownership and Market Impact - Following the recent transactions, Sampo plc now holds a total of 14,867,915 A shares, which represents 0.56% of the total shares outstanding [2]. - The buyback program is conducted in compliance with the Market Abuse Regulation (EU) 596/2014 and the Commission Delegated Regulation (EU) 2016/1052 [1].
Signify reports full-year 2025 sales of EUR 5.8 billion, operational profitability of 8.9% and a free cash flow of EUR 440 million
Globenewswire· 2026-01-30 06:00
Core Insights - Signify reported full-year 2025 sales of EUR 5.8 billion, with an operational profitability (adjusted EBITA) of 8.9% and free cash flow of EUR 440 million [1][3][6] Financial Performance - The Professional business experienced growth in the US but a decline in Europe, while the Consumer business showed sustained growth in all regions except China [3] - Connected lighting saw strong growth in both Professional and Consumer markets, but this was offset by a decline in non-connected lighting, particularly in trade channels [3] - The adjusted EBITA margin for the full year was 8.9%, down from 9.9% in FY 2024, and net income decreased to EUR 259 million from EUR 334 million in FY 2024 [7][6] - Free cash flow for FY 2025 was EUR 440 million, slightly up from EUR 438 million in FY 2024 [7] Strategic Initiatives - The company announced a EUR 180 million cost reduction program aimed at structurally resetting its cost base, which will impact 900 roles [5][12] - A full strategy and portfolio review is underway, with conclusions to be shared at the Capital Markets Day on June 23, 2026 [5] Sustainability Achievements - Signify surpassed its 2025 target to reduce greenhouse gas emissions by 40% against the 2019 baseline, achieving double the pace required by the Paris Agreement [8] - Circular revenues reached 37% of sales, exceeding the 2025 target of 32%, primarily driven by serviceable luminaires in the Professional business [9] - Brighter lives revenues accounted for 34% of sales, surpassing the 2025 target of 32% [10] - The percentage of women in leadership positions remained at 27%, falling short of the 2025 target of 34% [11] Outlook - The company anticipates challenging market conditions to persist through 2026 and is not providing guidance on full-year sales at this stage [6][13] - An adjusted EBITA margin is expected to be between 7.5% and 8.5%, with free cash flow generation projected at 6.5% to 7.5% of sales [6][13]
December 2025 Quarterly Activities Report
Globenewswire· 2026-01-30 05:05
Core Insights - Robex Resources Inc. achieved significant milestones in the December 2025 quarter, including the first gold pour at the Kiniero Gold Project, marking its transition to a multi-asset gold producer in West Africa [2][10][5] Group 1: Operational Highlights - The first gold pour at the Kiniero Gold Project occurred on December 21, 2025, with a total of 790 ounces produced, indicating successful project execution [10][11] - Nampala Gold Mine produced 11,028 ounces and sold 11,272 ounces of gold during the December 2025 quarter, contributing to a total FY25 production of 45,429 ounces [10][20] - The processing plant ramp-up at Kiniero is underway, with recoveries aligning with expectations and targets for nameplate capacity set for Q1 2026 [10][11] Group 2: Financial and Production Metrics - The total material mined during the December 2025 quarter was 2,534,890 tonnes, with a stripping ratio of 3.89, reflecting a 13.2% reduction from the previous quarter [26] - Ore processed increased by 16.2% to 582,618 tonnes compared to the September 2025 quarter, driven by improved plant availability [26] - The average head grade for the quarter was 0.68 g/t, a slight decrease of 1.4% from the previous quarter, while the gold recovery rate was 87.2% [26] Group 3: Merger and Strategic Developments - Robex secured overwhelming shareholder approval (94.54%) for its proposed merger with Predictive Discovery Limited, positioning the combined entity to become a mid-tier gold producer in West Africa [10][5][25] - The merger is expected to close in Q1 2026, subject to customary closing conditions, including regulatory approvals [27][33] Group 4: Community and Environmental Initiatives - The Kiniero Project contributed to local communities through CSR programs focused on education and social initiatives [14][20] - Robex maintained strong environmental, health, and safety performance, achieving over 6.3 million hours LTI-free since January 2024 [20][14]
CGTN: Beyond differences: Why the British PM calls long-awaited China trip a 'huge opportunity'
Globenewswire· 2026-01-30 04:05
Core Insights - The visit of UK Prime Minister Keir Starmer to China marks a significant step in enhancing bilateral relations, focusing on long-term stability and pragmatic cooperation amid global uncertainties [1][2][4] Economic Cooperation - China and the UK aim to build a comprehensive strategic partnership, emphasizing mutually beneficial economic ties [2][9] - In 2025, goods trade between China and the UK reached $103.7 billion, with services trade expected to exceed $30 billion, and two-way investment stock nearing $68 billion [12] - China is now the UK's third-largest trading partner, supporting approximately 370,000 jobs in the UK [12] - Starmer's delegation included over 60 representatives from the UK's business and cultural sectors, highlighting the importance of economic collaboration [13] Strategic Partnership - Both leaders stressed the importance of transcending differences and maintaining mutual respect to unlock the potential for cooperation [3][4] - Xi Jinping called for joint advocacy of multilateralism and free trade to foster a fairer global governance system [8] - Starmer acknowledged the need for the UK to engage with China, framing the visit as an opportunity for national interest [4] Broader European Context - Starmer's visit reflects a growing trend among European countries seeking pragmatic engagement with China, as seen in recent high-level visits from leaders of France, Ireland, and Finland [5][6] - Analysts suggest that European leaders recognize China's development as an opportunity rather than a threat, promoting a balanced multipolar global order [6][7]
Chinese RISC-V Chipmaker SpacemiT Launches K3 AI CPU, Highlighting the Rise of Open-Source Hardware in Intelligent Computing
Globenewswire· 2026-01-30 04:00
Core Viewpoint - The launch of SpacemiT's K3 AI CPU marks a significant step in the shift towards open architectures and on-device AI computing, aiming to provide a flexible and cost-effective platform for intelligent terminals and edge computing [1][15]. Company Overview - SpacemiT, founded in 2021 and headquartered in Hangzhou, is one of the few Chinese semiconductor companies focused on a "pure RISC-V" strategy, integrating high-performance general computing and AI acceleration into a single chip [4]. - The company emphasizes a "full-stack RISC-V" strategy, covering CPU IP, chip design, operating systems, compilers, AI software stacks, and developer platforms [11]. Product Details - The K3 AI CPU, developed over 1,200 days, is among the first mass-production-ready RISC-V AI CPUs compliant with the RVA23 specification, featuring eight high-performance X100 RISC-V CPU cores with a maximum frequency of 2.4GHz [5]. - K3 delivers up to 60 TOPS of AI compute and supports up to 32GB of LPDDR5 memory, designed for local execution of medium-scale AI models and multimodal applications [6]. - The chip supports models in the 30- to 80-billion-parameter range, with typical system power consumption between 15 and 25 watts [6]. Software and Ecosystem - K3 adopts a co-design approach between hardware and software, supporting mainstream AI frameworks and compilers, and is compatible with major open-source AI ecosystems and Linux distributions [8]. - The company aims to reduce development barriers for deploying AI models on RISC-V platforms, making the experience comparable to x86 and Arm systems [8]. Market Position and Strategy - The company does not aim to compete directly with high-end server CPUs or GPUs but focuses on establishing differentiated advantages in the mid-range computing segment through lower power consumption and higher integration [14]. - SpacemiT's previous-generation K1 chip has achieved shipments of over 150,000 units, providing a foundation for the rollout of K3 [10]. Industry Context - Hangzhou is emerging as a major hub for AI, semiconductor, and open-source technology innovation in China, with SpacemiT recognized as a key player in this ecosystem [12]. - The industry acknowledges that RISC-V still lags behind x86 and Arm in high-end computing and software ecosystem maturity [13].