The TEXAF Group's activities in the DRC developed as follows during the third quarter: Attachment Communiqué 251024ENG_VF ...

24 October 2025 ICG Enterprise Trust announces realisation of Froneri, its largest portfolio company ICG Enterprise Trust (“ICGT”) is pleased to announce the realisation of Froneri. ICGT initially invested alongside PAI Partners in 2013 and reinvested in 2019. The investment in Froneri has delivered a strong return to ICGT, and cash proceeds from this realisation of €41 million have been received. Froneri is a manufacturer and distributor of ice cream products and was ICGT’s largest company exposure at 31 J ...

Core Insights - JLT Mobile Computers published its interim report for the period January - September 2025, highlighting significant growth in order intake and net sales despite a challenging economic climate [1][6]. Financial Performance - Order intake increased by 48% to SEK 111.6 million compared to SEK 75.4 million in the same period last year [6]. - Net sales rose by 11% to SEK 104.0 million, up from SEK 93.6 million [6]. - Operating profit improved to SEK 1.1 million, compared to a loss of SEK 0.5 million in the previous year [6]. - Profit after tax amounted to SEK 0.9 million, recovering from a loss of SEK 0.4 million [6]. - Cash flow was positive at SEK 2.9 million, with cash and cash equivalents totaling SEK 16.1 million at the end of the period [6]. - The equity ratio stood at 58%, with no interest-bearing liabilities reported [6]. Market and Operational Insights - The gross margin for the period was 38%, recovering from a previous quarter affected by a weakening dollar, compared to 45% during the same period last year [6]. - Large customers contributed to the sales boost, although the overall market was negatively impacted by the economic climate [6]. - The company launched a new AI-based safety feature in collaboration with Linnaeus University, aimed at enhancing safety in industrial environments [6]. - Despite uncertainties regarding U.S. tariffs and political turbulence, the company is focusing on innovation and long-term value creation for customers and shareholders [6].

Bank of Åland PlcInterim ReportOctober 24, 2025 9.00 EET Interim Report for the period January - September 2024 Results for the first nine months of the year exceed previous record levels “We continued to perform strongly both during the quarter and the first nine months of the year. The operating profit is the highest ever recorded by the Bank of Åland for the January–September period. “Net interest income decreased during the quarter in an expected manner due to falling market inte­rest rates. Net commis ...

Period July - September Order intake decreased by 13 percent to MSEK 224 (256), which is mainly due to a larger order of 18 MSEK that was received in Q3 last year but will be received in Q4 this yearNet sales in SEK increased by 11 percent to MSEK 230 (208)Net sales adjusted for currency effects amounted to MSEK 246, representing an underlying organic increase of 18 percentOperating profit amounted to MSEK 26.3 (15.3)Profit before tax amounted to MSEK 25.1 (13.0)Net profit for the period amounted to MSEK 18 ...

Core Insights - The cooperation with RAK Motors signifies Faraday Future's readiness to enter the UAE market with its FX Super One model [1][4] - RAK Motors will serve as the exclusive agent for the FX Super One in the UAE for up to one year, managing all sales and after-sales operations [2][3] - This partnership is part of Faraday Future's broader strategy to establish a complete ecosystem for production, sales, and service in the UAE [3][4] Company Overview - Faraday Future is a California-based company focused on creating a shared intelligent electric mobility ecosystem, aiming to disrupt the automotive industry with a technology-first approach [5] - The FX strategy targets mass production models with luxury technology, aiming to reach a broader market with more affordable offerings [5] Strategic Developments - The Ras Al Khaimah facility, covering 108,000 square feet, will support both FF and FX brands, enhancing the company's ability to cater to customers in the Gulf Cooperation Council (GCC) and potentially expanding into European and North African markets [3] - The FX Super One's official launch event is scheduled for October 28, 2025, with the first deliveries expected in November 2025, marking a significant step in the company's international expansion [4]

Core Insights - Hiab Corporation's profitability has been negatively impacted by lower sales in the US, leading to a decrease in comparable operating profit margin to 11.4% [12][17][19] Financial Performance - Orders received in Q3 2025 totaled EUR 351 million, a decrease of 3% compared to EUR 361 million in Q3 2024 [11][12] - Sales for Q3 2025 decreased by 11% to EUR 346 million from EUR 388 million in Q3 2024 [13][19] - The order book at the end of Q3 2025 was EUR 557 million, down 12% from EUR 636 million at the end of Q3 2024 [11][12] - Comparable operating profit for Q3 2025 was EUR 40 million, a decrease of 24% from EUR 52 million in Q3 2024 [12][19] - Basic earnings per share for Q3 2025 were EUR 0.45, down 27% from EUR 0.62 in Q3 2024 [13][19] Segment Performance - The share of Services in total orders increased to 34% in Q3 2025, up from 30% in Q3 2024 [11][12] - Equipment sales represented 66% of consolidated sales in Q3 2025, down from 71% in Q3 2024, while Services sales represented 34%, up from 29% [12][19] Market Outlook - Hiab maintains its outlook for 2025, estimating a comparable operating profit margin above 13.5%, compared to 13.2% in 2024 [5][22] - The company is targeting a cost reduction program aimed at achieving approximately EUR 20 million lower costs in 2026 compared to 2025 [20] Strategic Developments - The sale of MacGregor was completed on July 31, 2025, resulting in a strong balance sheet with a net cash position of EUR 308 million [21] - Hiab's new reporting structure includes two segments: Equipment and Services, effective from January 1, 2025 [8][9]

Core Insights - Wendel is entering exclusive negotiations to acquire a controlling stake in Committed Advisors, a private investment firm focused on mid-market secondary transactions, with a commitment to support its future development [1][2] Group 1: Transaction Details - Wendel plans to acquire 56% of Committed Advisors' shares, with an initial payment of €258 million and potential earnouts of up to €128 million based on performance targets [3][4] - Wendel will allocate up to €500 million for anchor commitments in Committed Advisors' successor funds and new strategies, with a focus on secondary mid-market transactions [4] - The remaining 44% of Committed Advisors' shares will be acquired through subsequent transactions scheduled between 2029 and 2035, with valuations linked to growth in Fee Related Earnings (FRE) [5] Group 2: Financial Projections - Committed Advisors is expected to generate approximately €70 million in management fees and €45 million in pre-tax Fee Related Earnings in 2026 [1] - Following the transaction, Wendel Investment Managers' total Assets Under Management (AuM) would exceed €46 billion, with pro forma Fee Related Earnings of €200 million in 2026 [2] Group 3: Company Background - Committed Advisors, founded in 2010, manages €6 billion in private assets and has completed over 220 transactions, focusing on mid-market secondary transactions ranging from €20 million to €200 million [1][8] - The firm has a strong track record, delivering a gross Internal Rate of Return (IRR) of 19% across its funds [4][8] Group 4: Strategic Alignment - The partnership will allow Committed Advisors to operate autonomously while benefiting from Wendel's resources, enhancing its growth in a secondary market that has more than doubled since 2021 [2][7] - Both companies emphasize a shared long-term vision and values, with Committed Advisors' management retaining a 44% equity interest post-closing and committing to reinvest initial proceeds into successor funds [4][7]

Core Insights - Wendel's fully diluted Net Asset Value (NAV) per share as of September 30, 2025, is €163.0, reflecting a decrease of 2.8% since June 2025, primarily due to a decline in Bureau Veritas's share price [4][30][32] - The company is undergoing a significant transformation in its business model, including the acquisition of Committed Advisors, which will enhance its position in the European midmarket private asset management sector [6][10][14] - Wendel Growth will transition to a new entity named Iron Wave, with a majority stake held by its direct investments team, while Wendel retains a minority interest [3][28] Financial Performance - The total value in NAV increased by 2.6% compared to the end of June 2025, driven by improvements in multiples and aggregates [7] - Management fees for Wendel Investment Managers reached €258.1 million year-to-date, growing more than threefold compared to the previous year [7][36] - Wendel's cash position stands at €2.4 billion, with an additional €875 million in committed credit facilities [13] Acquisition and Strategic Developments - Wendel is in exclusive negotiations to acquire a controlling stake in Committed Advisors, which specializes in the secondary market and is expected to generate around €70 million in management fees in 2026 [6][15][16] - Following the acquisition, Wendel Investment Managers is projected to exceed €200 million in annual Fee Related Earnings (FRE) and manage over €46 billion in assets [12][16] - The acquisition is designed to align the strategic interests of all stakeholders and will include an initial transaction followed by subsequent transactions to acquire the remaining shares [19][22] Principal Investments and Asset Management - Wendel's Principal Investments operations will leverage the expertise of IK Partners, enhancing the monitoring and performance of its unlisted assets while retaining control [24][25] - The company aims to simplify its operational model to improve performance and cost efficiency, with changes taking effect on January 1, 2026 [6][24] - Wendel's third-party asset management platform is expected to grow significantly, with a focus on private equity, private debt, and secondary market solutions [12][17] Dividend and Shareholder Returns - An interim dividend of €1.50 per share will be paid on November 20, 2025, reflecting the recurring cash flow generated by Wendel's dual business model [9][60] - The balance of the dividend for the fiscal year 2025 will be submitted for approval at the next Shareholders' Meeting scheduled for May 21, 2026 [60]

Core Points - Sampo plc has initiated a share buyback program with a maximum value of EUR 200 million, which commenced on 7 August 2025 [1][2] - On 23 October 2025, Sampo plc acquired a total of 293,404 A shares at an average price of EUR 9.78 per share [1] - Following the transactions, Sampo plc now holds 18,720,385 A shares, representing 0.70% of the total shares outstanding [2] Summary by Sections Share Buyback Program - The share buyback program was announced on 6 August 2025 and is in compliance with the Market Abuse Regulation (EU) 596/2014 [1] - The program is based on the authorization granted by Sampo's Annual General Meeting on 23 April 2025 [1] Transaction Details - On 23 October 2025, the daily buyback volumes were as follows: - 4,300 shares on AQEU - 108,122 shares on CEUX - 28,123 shares on TQEX - 152,859 shares on XHEL - The total buyback volume for the day was 293,404 shares at an average price of EUR 9.78 [1] Ownership Post-Transactions - After the disclosed transactions, Sampo plc's total ownership of A shares stands at 18,720,385, which is 0.70% of the total shares [2]