Aalberts reports the progress of its share buyback programme 14 July – 18 July 2025
Globenewswire· 2025-07-22 05:30
Group 1 - Aalberts has repurchased 2,500 shares from July 14 to July 18, 2025, for a total of EUR 80,592.48, averaging EUR 32.24 per share [1] - A cumulative total of 2,004,824 shares has been repurchased under the buyback program, amounting to EUR 59,799,126 [2] - The share buyback program is authorized by the AGM held on May 23, 2024, and complies with Market Abuse Regulation 596/2014 [3] Group 2 - The buyback program is part of a larger initiative announced on February 27, 2025, with a total budget of EUR 75 million, expected to conclude by October 24, 2025 [1][2] - An intermediary has been engaged to conduct the share repurchases in the open market, independent of Aalberts [2] - The shares repurchased are intended to be cancelled following the buyback [1]
Wereldhave Half-year results 2025
Globenewswire· 2025-07-22 05:00
Forecast FY 2025 direct result per share (DRPS) raised to € 1.75-1.85 from € 1.70-1.80€ 108m of non-core assets sold at book valueContinued operational improvements in core portfolio: +6% like-for-like net rental income growth and +2% retailer sales growthDebt profile further strengthened through € 125m refinancing, partially with inaugural European Private Placement (EUPP)Fitch credit rating BBB with stable outlook reaffirmedFirst Dutch joint venture with Sofidy on Stadshart Zoetermeer2025 Full Service Cen ...
Norsk Hydro: Performance and capital discipline, supporting strong results
Globenewswire· 2025-07-22 05:00
Hydro’s adjusted EBITDA for the second quarter of 2025 was NOK 7,790 million, up from NOK 5,839 million in the same quarter last year. The results increased from higher aluminium and energy prices, and realization of previously eliminated internal profits. This was partly offset by negative currency effects and higher raw material costs, mainly driven by higher alumina cost. Hydro generated NOK 5 billion in free cash flow, while the twelve month adjusted RoaCE ended at 12 percent. Strong results amid uncer ...
LHV Group unaudited financial results for Q2 and 6 months of 2025
Globenewswire· 2025-07-22 05:00
Core Insights - LHV Group reported a net profit of 30.8 million euros in Q2 2025, a 6% increase from the previous quarter, with a return on equity of 17.4% [1][5][6] - The loan portfolio reached 5 billion euros, reflecting a strong growth trajectory and increased investment confidence among Estonian companies [17] - All subsidiaries of LHV Group were profitable in Q2 2025, contributing to the overall positive financial performance [2] Financial Performance - Consolidated revenue for Q1 2025 was 73.9 million euros, a decrease of 7% from the previous quarter and 14% year-on-year [3] - Net interest income in Q2 2025 was 57.6 million euros, while net fee and commission income was 15.6 million euros [3][6] - Total expenses for Q2 2025 amounted to 40.5 million euros, an 8% increase from the previous quarter and 11% year-on-year [3][6] Asset and Loan Growth - As of June 2025, consolidated assets were 9.38 billion euros, a 10% increase from the previous quarter and 28% year-on-year [4] - The consolidated loan portfolio increased by 269 million euros (6%) in Q2 2025 and by 1.1 billion euros (28%) year-on-year [4][9] - Consolidated deposits rose by 760 million euros (12%) to 7.36 billion euros [4] Subsidiary Performance - LHV Pank earned a net profit of 29.7 million euros, while LHV Bank Ltd, LHV Varahaldus, and LHV Kindlustus reported net profits of 0.1 million euros, 0.5 million euros, and 1.1 million euros, respectively [2][5] - LHV Kindlustus experienced a 78% increase in insurance revenue and a 62% increase in net profit compared to the previous quarter [13] - LHV Bank in the UK saw its loan portfolio grow by 79 million euros to 569 million euros, with deposits reaching a record 1.02 billion euros [11][12] Market Developments - LHV Pank launched an innovative banking service, LHV Premium, which combines banking, insurance, and travel services [8] - The bank issued covered bonds worth 300 million euros, which were oversubscribed by 2.5 times, indicating strong demand from institutional investors [10] - LHV Group's pension funds showed positive returns, with rates of return for various funds ranging from 0.7% to 2.8% in Q2 2025 [14] Capitalization and Ratings - LHV Group remains well-capitalized, having issued AT1 bonds worth 50 million euros and unsecured bonds worth 60 million euros [16] - Moody's upgraded the ratings for LHV Pank's covered bond program to Aaa, reflecting the group's strong financial position [16]
Grupo Aeroportuario del Pacifico Announces Results for the Second Quarter of 2025
Globenewswire· 2025-07-22 01:13
Core Viewpoint - Grupo Aeroportuario del Pacífico (GAP) reported significant growth in revenues and passenger traffic for the second quarter of 2025 compared to the same period in 2024, driven by increased aeronautical and non-aeronautical services, despite a decrease in comprehensive income due to foreign currency translation losses [1][7][25]. Financial Position - As of June 30, 2025, the company had cash and cash equivalents of Ps. 9,697.3 million. During the second quarter, it repaid Ps. 2,500.0 million in maturing bonds and drew down a Ps. 3,375.0 million credit facility to refinance other maturities [3]. Passenger Traffic - In 2Q25, GAP's 14 airports saw an increase of 624.7 thousand total passengers, a 4.1% rise compared to 2Q24. New domestic and international routes were launched during this period [4][5]. Revenue Growth - Total revenues increased by Ps. 3,623.0 million, or 49.9%, with aeronautical services revenues rising by Ps. 1,202.2 million (26.4%) and non-aeronautical services revenues increasing by Ps. 719.9 million (41.8%) [7][16]. - Revenues from improvements to concession assets surged by Ps. 1,700.8 million, or 174.4% [18]. Cost Structure - Total operating costs rose by Ps. 2,555.4 million, or 68.2%, primarily due to a significant increase in costs related to improvements to concession assets [19][33]. - The cost of services increased by Ps. 308.5 million, or 25.4%, driven by the consolidation of the cargo and bonded warehouse business [19]. Income and Profitability - Income from operations increased by Ps. 1,067.6 million, or 30.4%, while EBITDA rose by Ps. 1,305.2 million, or 31.1% [7][24]. - However, comprehensive income decreased by Ps. 658.9 million, or 22.8%, primarily due to increased foreign currency translation losses [25][26]. Passenger Traffic Breakdown - Domestic terminal passengers increased by 6.2% to 9,107.6 thousand, while international terminal passengers rose by 1.4% to 6,771.8 thousand [10][9]. - Notable increases were observed at airports such as Guadalajara (3.2% increase) and Los Cabos (7.1% increase) [6][8]. Financial Results for Six Months - For the first half of 2025, total revenues reached Ps. 21,937.2 million, a 39.2% increase compared to the same period in 2024, with significant contributions from both aeronautical and non-aeronautical services [27][30]. - Operating costs also increased significantly, leading to a decrease in operating income margin from 47.6% to 42.3% [37].
Aura Announces S&P Global Upgrades Outlook to Positive B+ Rating on Larger Scale and Financial Performance
Globenewswire· 2025-07-22 00:20
Core Viewpoint - Aura Minerals Inc. has received a positive outlook upgrade from S&P Global Ratings, affirming its B+ global scale long-term issuer credit rating and 'brAA' Brazilian national scale rating, indicating potential for growth and stability in the company's financial standing [1][2]. Group 1: Credit Rating Upgrade - S&P Global Ratings upgraded Aura's outlook to positive from stable, while maintaining its B+ global scale long-term issuer credit rating and 'brAA' Brazilian national scale rating [1]. - The upgrade reflects factors such as the U.S. listing facilitating accelerated growth without increased leverage, a strong track record in project construction and asset turnaround, and record high gold prices enhancing free operating cash flow [2]. Group 2: Future Growth Potential - Over the next 12 months, S&P suggests a potential upgrade if Aura successfully scales operations, particularly through the ramp-up of the Borborema project, integration of Serra Grande, and initiation of another project, while maintaining gross debt to EBITDA below 2.0x [3].
Biogen to Highlight Scientific Progress Across Alzheimer's Disease at the Alzheimer's Association International Conference 2025
Globenewswire· 2025-07-21 23:30
Core Insights - Biogen Inc. will present significant data at the 2025 Alzheimer's Association International Conference (AAIC) regarding LEQEMBI (lecanemab) and BIIB080, focusing on long-term results and new treatment formulations [1][2][6] Group 1: LEQEMBI (lecanemab) Developments - The upcoming presentations will include 48-month results from the Clarity AD open-label extension, real-world evidence, and insights into a subcutaneous formulation for maintenance dosing of LEQEMBI [1][2][6] - LEQEMBI is a humanized IgG1 monoclonal antibody targeting amyloid-beta, which received traditional FDA approval on July 6, 2023, for treating Alzheimer's disease [8][9] Group 2: BIIB080 Investigational Therapy - BIIB080 is an investigational antisense oligonucleotide (ASO) therapy targeting tau protein, currently in a Phase 2 clinical study for early Alzheimer's disease [5][6] - The CELIA trial will provide baseline characteristics of participants, contributing to the understanding of tau-targeted therapies [2][7] Group 3: Educational Initiatives - Biogen will host an interactive booth at AAIC to educate attendees on the role of tau in Alzheimer's disease and will launch a new e-learning module on KnowTau.com [4][6] - The educational program aims to bridge research and clinical practice regarding tau therapies and biomarkers [7]
Volaris Reports Financial Results for the Second Quarter 2025
Globenewswire· 2025-07-21 23:18
Core Insights - Controladora Vuela Compañía de Aviación, S.A.B. de C.V. (Volaris) reported a net loss of $63 million for Q2 2025, a significant decline compared to a net income of $10 million in Q2 2024, reflecting challenges in revenue generation and increased operating expenses [5][12][40]. Financial Performance - Total operating revenues for Q2 2025 were $693 million, down 4.5% from $726 million in Q2 2024, primarily due to lower unit revenues [4][8][42]. - Total operating expenses increased to $715 million, an 8.3% rise from $660 million in the previous year, driven by higher maintenance costs and lease expenses [4][10][42]. - EBITDAR for the quarter was $194 million, a decrease of 25.7% from $261 million in Q2 2024, with an EBITDAR margin of 27.9%, down 8.0 percentage points [4][12][32]. Operational Metrics - Available seat miles (ASMs) increased by 8.7% to 8.9 billion, while the load factor decreased to 82.4%, down 3.1 percentage points from 85.5% in the previous year [4][8][33]. - The number of booked passengers rose by 6.3% to 7.5 million, with domestic and international passengers increasing by 6.6% and 5.2%, respectively [8][33]. Cost Structure - The average economic fuel cost decreased by 14% to $2.46 per gallon, contributing to a slight decline in total operating expenses per available seat mile (CASM) to $8.05, down 0.3% [5][10][32]. - CASM excluding fuel increased by 6.7% to $5.69, reflecting ongoing cost control measures despite operational challenges [10][32]. Guidance and Outlook - The company reinstated its full-year guidance for EBITDAR margin, now expected to be in the range of 32% to 33% for 2025, despite external geopolitical challenges [3][17]. - For Q3 2025, Volaris anticipates ASM growth of approximately 6% and a TRASM of around $8.6 cents, indicating a cautious but optimistic outlook [17][18]. Balance Sheet and Liquidity - As of June 30, 2025, total cash, cash equivalents, and short-term investments amounted to $788 million, representing 26% of the last twelve months' total operating revenue [13][50]. - The net debt-to-LTM EBITDAR ratio stood at 2.9x, consistent with the previous quarter, indicating stable leverage despite the operational losses [14][50]. Fleet and Capacity - The fleet size increased to 149 aircraft, with the addition of four A320neo and one A321neo, reflecting a strategy to modernize and expand capacity [21][22]. - The average age of the fleet is 6.5 years, with 63% of the aircraft being New Engine Option (NEO) models, enhancing fuel efficiency and operational performance [21][22].
AlphaGen Announces Private Placement of up to $856,440
Globenewswire· 2025-07-21 23:01
Core Viewpoint - AlphaGen Intelligence Corp. plans to conduct a non-brokered private placement offering of up to 7,137,000 common shares at a price of $0.12 per share, aiming for gross proceeds of up to $856,440 [1][2]. Group 1: Offering Details - The offering will be used for general working capital purposes [2]. - All securities issued will be subject to a statutory hold period of four months and one day [2]. - The closing of the offering is contingent upon receiving necessary regulatory approvals, with an anticipated closing date around August 11, 2025 [2][6]. Group 2: Company Overview - AlphaGen Intelligence Corp. is publicly traded and holds a portfolio in gaming, entertainment, eCommerce, and retail [4]. - The company operates units such as Shape Immersive, a metaverse studio, and MANA, a SaaS solution for community engagement [4]. - Notable clients and partners include RTFKT, Olympics, Red Bull, Intel, and TED [4].
Perseus Mining Delivers Encouraging Drilling Results at Nyanzaga Gold Project
Globenewswire· 2025-07-21 22:30
Perth, July 22, 2025 (GLOBE NEWSWIRE) -- PERSEUS MINING DELIVERS ENCOURAGING DRILLING RESULTS FROM ITS CURRENT DRILL PROGRAM AT THE NYANZAGA GOLD PROJECT Perth, Western Australia/July 22, 2025/Perseus Mining Limited (ASX/TSX: PRU) is pleased to provide an update on ongoing resource definition drilling currently being conducted at its Nyanzaga Gold Project (NGP) in Tanzania and to announce some of the more significant drill results achieved since our last exploration announcement, dated December 5, 2024 (see ...