Falcon Oil & Gas Ltd. - Native Title holder approval obtained to sell gas under Beneficial Use of Gas legislation
GlobeNewswire News Room· 2025-08-14 06:00
Core Viewpoint - Falcon Oil & Gas Ltd has reached a historic agreement with Native Title Holders and the Northern Land Council for the sale of appraisal gas from their Exploration Permits in the Beetaloo sub-basin, marking a significant milestone for the company and its joint venture partners [2][4]. Company Overview - Falcon Oil & Gas Ltd is an international oil and gas company focused on the exploration and development of unconventional oil and gas assets, primarily in Australia. The company is incorporated in British Columbia, Canada, and headquartered in Dublin, Ireland [6][7]. Agreement Details - The Agreement allows the Beetaloo JV partners to sell appraisal gas from EP98 and EP117, with a maximum of 60 terajoules (TJ) per day from the Shenandoah South Pilot Project over a three-year period, subject to the Agreement's terms [8]. - The Beetaloo JV partners have contracted an initial supply of 40 million cubic feet per day (MMcf/d) to the Northern Territory Government until mid-2041, which is expected to enhance energy security for the region [8]. Future Plans - Gas sales to the Northern Territory Government via the Sturt Plateau Compression Facility are anticipated to commence in mid-2026, contingent on weather conditions and final stakeholder approvals [8]. - The Beetaloo JV partners aim to secure necessary approvals for long-term production and continue fostering strong relationships with Native Title Holders, providing financial benefits, training, and employment opportunities to the local community [8]. Joint Venture Structure - Falcon Oil & Gas Australia Limited holds a 22.5% interest in the Beetaloo JV, while Tamboran (B2) Pty Limited holds 77.5%, indicating a significant partnership in the development of the Beetaloo sub-basin [9].
JLT Mobile Computers AB (publ) publishes interim report for January–June 2025
Globenewswire· 2025-08-14 06:00
Växjö, Sweden, 14 August 2025 * * * JLT Mobile Computers, a leading supplier of rugged computers for demanding environments, publishes its interim report for the period January–June 2025 today. Summary of key figures Order intake MSEK 81.5 (55.0)Net sales MSEK 75.8 (69.6)Operating profit MSEK -0.4 (0.4)Profit after taxes MSEK -0.4 (0.2)Cash flow MSEK -5.5 (4.2) In short The year started strong, with several major deals made with US customers and a record-high order intake recorded in the first quarter.Gro ...
Q2 2025 Financial Results
GlobeNewswire News Room· 2025-08-14 06:00
Reykjavík, Aug. 14, 2025 (GLOBE NEWSWIRE) -- ("Amaroq" or the "Company") Q2 2025 Financial Results Maiden revenue and good operational progress across all commissioning activities at Nalunaq gold mine TORONTO, ONTARIO – 14 August 2025 – Amaroq Ltd. (AIM, TSX-V, NASDAQ Iceland: AMRQ, OTCQX: AMRQF), an independent mine development corporation focused on unlocking Greenland’s mineral potential, is pleased to announce its Q2 2025 Financial Results. All dollar amounts are expressed in Canadian dollars unless ot ...
„Artea" bank has completed the authorised capital reduction process
Globenewswire· 2025-08-14 06:00
On August 13, 2025, upon registering the new version of the Articles of Association of AB Artea bankas (the “Bank”) with the Register of Legal Entities (attached), the procedure for the reduction of the Bank’s authorised capital was completed after completion of own shares buybacks. The decisions to reduce the authorised capital of the Bank from EUR 192 269 027,34 to EUR 189 195 680,13 by annulling 10 597 749 shares acquired by the Bank itself and to approve relevant amendments of the articles of associatio ...
Solar A/S: No. 7 2025 Unexpected slowdown in market activity
Globenewswire· 2025-08-14 05:59
Core Insights - Solar experienced negative growth in Q2, particularly in the Industry segment, with a slight decline in Installation, while Trade and Climate & Energy segments showed growth driven by Solar Polaris' sales to a major solar park project [1][6] - The company executed staff reductions and initiated measures to optimize its operating model, incurring transition costs of DKK 12 million and restructuring costs of DKK 45 million, expected to yield savings of approximately DKK 70 million going forward [2] - The company remains optimistic about improving profitability during its strategic period, supported by a resilient business model and executed initiatives [3] Financial Performance - Q2 2025 revenue was DKK 3,018 million, down from DKK 3,100 million in Q2 2024; H1 2025 revenue reached DKK 6,241 million, slightly up from DKK 6,130 million in H1 2024 [4] - EBITDA for Q2 2025 was DKK 112 million, down from DKK 137 million in Q2 2024; H1 2025 EBITDA was DKK 186 million, compared to DKK 225 million in H1 2024 [4] - Organic growth adjusted for working days was -1.2% in Q2 2025, an improvement from -7.8% in Q2 2024; H1 2025 showed organic growth of 2.6%, up from -11.2% in H1 2024 [4] Guidance and Future Outlook - The company projects 2025 revenue between DKK 11,750 million and DKK 12,250 million, with EBITDA expected to be between DKK 450 million and DKK 510 million [5] - The company aims for an EBITDA margin greater than 5% by 2026, with anticipated improvements from initiatives implemented in 2025 expected to increase the EBITDA margin by approximately 0.7 percentage points [7] Company Overview - Solar is a leading European sourcing and services company focused on electrical, heating, plumbing, ventilation, and climate and energy solutions, facilitating efficiency improvements and driving the green transition [8] - The company generated approximately DKK 12.2 billion in revenue in 2024 and employs around 2,900 people, listed on Nasdaq Copenhagen under the designation SOLAR B [9]
Quad/Graphics: Turning Print's Decline Into Data-Driven Growth
Seeking Alpha· 2025-08-14 05:52
Core Insights - Quad/Graphics (QUAD) is undergoing a transformation from a traditional commercial printer to a focus on data-driven marketing solutions, indicating a potential shift in its business trajectory [1] Group 1: Company Transformation - The company is experiencing a multi-year transformation as it addresses the decline in its legacy printing business [1] - Recent results suggest that management is successfully implementing this strategic pivot towards marketing solutions [1] Group 2: Investment Potential - The focus on data-driven marketing solutions may present new growth opportunities for the company, appealing to investors looking for firms with strong brand recognition and growth potential [1]
Palantir: Buy The AI Goldmine (Upgrade)
Seeking Alpha· 2025-08-14 05:34
Core Insights - Palantir Technologies (NASDAQ: PLTR) has experienced a significant bull run, with its stock reaching all-time highs over the past few months, driven by the AI boom and a series of new contracts [1]. Group 1 - The stock's recent peak was achieved following a major contract announcement, indicating strong market interest and confidence in the company's future prospects [1].
Launch of share buyback programme
Globenewswire· 2025-08-14 05:31
Core Viewpoint - Netcompany Group A/S has announced a share buyback programme of up to DKK 500 million to adjust its capital structure and fulfill obligations related to share-based incentive programmes [1] Group 1: Share Buyback Programme Details - The share buyback programme will conclude no later than 30 January 2026 [2] - The programme will be executed in compliance with EU Market Abuse Regulation and related provisions [2][3] - Danske Bank A/S has been appointed as the lead manager for the share buyback programme, making independent trading decisions on behalf of Netcompany [3] Group 2: Terms and Conditions - The maximum total consideration for shares bought back is set at DKK 500 million, with a maximum of 3,700,000 shares to be repurchased [6] - The maximum number of shares that can be purchased per daily market session is limited to 25% of the average daily trading volume over the preceding 20 trading days [6] - Shares cannot be repurchased at a price exceeding the higher of the last independent transaction price or the highest independent bid on Nasdaq Copenhagen A/S [6] Group 3: Current Holdings - As of the announcement date, Netcompany holds 369,510 treasury shares, which is equivalent to 0.8% of the total share capital [4]
Interim report for the six months ended 30 June 2025
Globenewswire· 2025-08-14 05:30
Core Insights - The company continues to grow and invest in its products and platforms despite uncertain market conditions, focusing on expanding its presence in various verticals [2] - There is a strong emphasis on developing digital capabilities in Europe, supported by government initiatives and the European Union's push for digital sovereignty, which aligns with the company's investment strategy [2] - The company aims to be a preferred choice for European governments and enterprises, enhancing its digital foundation for a prosperous Europe [3] Financial Performance - In Q2 2025, the company reported a revenue growth of 3.9% to DKK 1,714.9 million, while adjusted EBITDA decreased by 18% to DKK 220.7 million, resulting in an adjusted EBITDA margin of 12.9% [5] - The diluted earnings per share for Q2 2025 were DKK 1.17, with an increase in the average number of full-time employees from 7,884 in Q2 2024 to 8,333 in Q2 2025 [5] - Free cash flow was DKK 25.6 million in Q2 2025, down from DKK 148.2 million in Q2 2024, with a cash conversion ratio of 14.6% [5] Future Guidance - The company maintains its financial guidance for the year, expecting organic revenue growth between 5% and 10% and an organic adjusted EBITDA margin between 16% and 19% [4][5] - Non-organic revenue through Netcompany Banking Services is projected to be between DKK 840 million and DKK 870 million for the full year [5]
DEMIRE raises guidance for 2025
Globenewswire· 2025-08-14 05:30
Core Viewpoint - DEMIRE Deutsche Mittelstand Real Estate AG has reported lower earnings for the first half of 2025 compared to the previous year, primarily due to opportunistic property sales, but the performance exceeded its own guidance [2][3]. Financial Performance - Rental income decreased by 21.7% to EUR 27.8 million in H1 2025, down from EUR 35.5 million in H1 2024 due to property sales [3][8]. - Earnings before interest and taxes (EBIT) fell to EUR -24.9 million in H1 2025, compared to EUR -14.1 million in H1 2024, largely due to write-downs on loans to Limes companies amounting to EUR -12.5 million [3]. - Funds from operations (FFO I) after taxes and before minority interests and interests on shareholder loans amounted to EUR 5.0 million in H1 2025, down from EUR 15.5 million in H1 2024 [4][8]. Property Sales and Portfolio Performance - The market value of DEMIRE's portfolio declined to approximately EUR 747.3 million as of 30 June 2025, down from EUR 779.3 million at the end of 2024, influenced by property sales and value adjustments [5]. - The net asset value (NAV) per share decreased by EUR 0.48 to EUR 1.97 in the reporting period [5]. - Letting performance improved, with 40,460 square meters leased in H1 2025 compared to 25,000 square meters in H1 2024, although the EPRA vacancy rate rose to 17.3% [5]. Debt and Liquidity Management - The net debt ratio (net LTV) was reported at 42.4%, slightly above the previous year's figure of 40.9% [6]. - Cash and cash equivalents decreased to EUR 34.9 million as of 30 June 2025, down from EUR 44.8 million at the end of 2024 [6]. - The company has initiated partial repayment of its corporate bond, with the outstanding nominal now at EUR 247.1 million [6]. Future Guidance - The company has raised its guidance for 2025, expecting rental income to be between EUR 52.0 million and EUR 54.0 million, up from the previous range of EUR 51.0 million to EUR 53.0 million [7][8]. - FFO I is now expected to be between EUR 5.0 million and EUR 7.0 million, an increase from the prior forecast of EUR 3.5 million to EUR 5.5 million [9].