Orion Group Interim Report January–September 2025
Globenewswire· 2025-10-28 10:00
ORION CORPORATION INTERIM REPORT 1–9/2025 28 OCTOBER 2025 at 12:00 EET Orion Group Interim Report January–September 2025 July–September 2025 Highlights Net sales totalled EUR 423.2 (July–September 2024: 471.3) million Operating profit was EUR 121.0 (202.0) millionNet sales and operating profit of the comparison period include EUR 130 million of major milestone paymentsBasic earnings per share were EUR 0.68 (1.14)Cash flow from operating activities per share was EUR 0.55 (0.48)The outlook for 2025 has been ...
KE Holdings Inc. to Report Third Quarter 2025 Financial Results on November 10, 2025 Eastern Time
Globenewswire· 2025-10-28 10:00
BEIJING, Oct. 28, 2025 (GLOBE NEWSWIRE) -- KE Holdings Inc. (“Beike” or the “Company”) (NYSE: BEKE; HKEX: 2423), a leading integrated online and offline platform for housing transactions and services, today announced that it will report its unaudited financial results for the third quarter of 2025 before the U.S. market opens on Monday, November 10, 2025. The Company’s management will hold an earnings conference call at 7:00 A.M. Eastern Time on Monday, November 10, 2025 (8:00 P.M. Beijing Time on Monday, N ...
Provident Financial Holdings Reports First Quarter of Fiscal 2026 Results
Globenewswire· 2025-10-28 10:00
Core Points - The company reported a net income of $1.68 million for the quarter ended September 30, 2025, which is a 3% increase from the previous quarter but a 12% decrease from the same quarter last year [3][4][41] - The net interest margin improved to 3.00%, up six basis points from the previous quarter and up 16 basis points from the same quarter last year [3][6][41] - Total loans held for investment decreased slightly to $1.04 billion from $1.05 billion at the end of the previous quarter [3][8] - Total deposits were $874.8 million, down 2% from the previous quarter [3][12] Financial Performance - The company’s return on average assets was 0.55%, compared to 0.53% in the previous quarter and 0.61% in the same quarter last year [5][41] - Return on average stockholders' equity was 5.17%, up from 5.01% in the previous quarter but down from 5.78% in the same quarter last year [5][41] - Net interest income increased by $314,000, or 4%, to $8.93 million compared to the same quarter last year, driven by a higher net interest margin [6][41] Loan and Deposit Trends - Interest income on loans receivable increased by $108,000, or 1%, to $13.13 million, primarily due to a higher average loan yield [7][41] - The average yield on loans receivable increased by eight basis points to 5.05% [7][41] - Total loans originated for investment were $29.6 million, a 2% increase from the same quarter last year [8][41] Non-Interest Income and Expenses - Non-interest income decreased by $86,000, or 10%, to $813,000, primarily due to a decline in other non-interest income [20][41] - Non-interest expense increased by $111,000, or 1%, to $7.63 million, mainly due to higher salaries and employee benefits [21][41] - The efficiency ratio improved to 78.35% from 79.08% in the same quarter last year, reflecting higher net interest income [22][41] Tax and Shareholder Returns - The provision for income taxes was $1.05 million, up 34% from the same quarter last year [23][41] - The effective tax rate increased to 38.5% compared to 29.3% in the same quarter last year [24][41] - The company repurchased 66,707 shares at an average cost of $15.75 per share during the quarter [24][41]
Axalta Releases Third Quarter 2025 Results
Globenewswire· 2025-10-28 10:00
Core Insights - Axalta Coating Systems Ltd. reported strong financial results for Q3 2025, achieving record Adjusted EBITDA and Adjusted Diluted EPS, reflecting operational excellence despite macroeconomic challenges [3][4]. Financial Performance - Net sales for Q3 2025 decreased by 2% year-over-year to $1.3 billion, with favorable foreign currency translation and organic net sales in Mobility partially offsetting declines in Performance Coatings [4]. - Net income increased by $8 million year-over-year to $110 million, resulting in a net income margin of 8.5%, an increase of 80 basis points compared to the previous year [5]. - Adjusted EBITDA reached a record $294 million, up $3 million year-over-year, with an Adjusted EBITDA margin expanding by 70 basis points to 22.8% [5][9]. - Diluted EPS increased by 11% to $0.51, while adjusted diluted EPS improved by 6% to $0.67, primarily due to lower interest expense and a reduction in shares outstanding [5][9]. Segment Results - Performance Coatings reported net sales of $828 million, down from $877 million in the prior-year period, with a decline in Refinish net sales by 7% year-over-year [7]. - Mobility Coatings achieved record net sales of $460 million, a 4% increase from the prior year, driven by positive price-mix and favorable foreign currency translation [9][10]. - Adjusted EBITDA for Mobility Coatings was $83 million, up 20% compared to the prior-year period, with an Adjusted EBITDA margin improvement of 230 basis points to 18.0% [11]. Cash Flow and Capital Allocation - Cash provided by operating activities was $137 million in Q3 2025, down from $194 million in the prior-year period, primarily due to higher working capital [6]. - Free cash flow decreased to $89 million compared to $164 million a year ago, reflecting lower cash from operating activities and higher capital expenditures [6]. - The company executed $100 million in share repurchases during the quarter and plans to accelerate its capital allocation strategy with up to $250 million for share repurchases in Q4 2025 [12]. Outlook - For Q4 2025, Axalta projects net sales growth in the mid-single digits and expects Adjusted EBITDA of approximately $284 million [13]. - The full-year 2025 outlook includes net sales exceeding $5.1 billion and Adjusted EBITDA of approximately $1.14 billion [13].
Suspension is lifted and trading can resume
Globenewswire· 2025-10-28 09:54
Core Viewpoint - The suspension of trading for specific funds managed by Storebrand Asset Management has been lifted, allowing live trading to resume on Nasdaq Copenhagen [1] Group 1: Fund Information - The following funds are now available for trading: SKAGEN Focus A, SKAGEN Global A, SKAGEN Kon-Tiki A, SKAGEN m2 A, SKAGEN Vekst A, Storebrand Indeks – Alle Markeder A5, Storebrand Indeks – Nye Markeder A5, Storebrand Global ESG Plus A5, Storebrand Global Solutions A5, and Storebrand Global Multifactor A5 [1] Group 2: Company Overview - Storebrand is Norway's largest private asset manager with assets under management (AuM) of approximately DKK 1000 billion [1] - The company is a leading Nordic provider of sustainable pensions and savings, having been a pioneer in ESG investing for over 25 years [1] - Storebrand offers a multi-boutique platform delivering sustainable investment solutions and client value, featuring brands such as Delphi Funds, SKAGEN Funds, and Storebrand Funds [1]
Release of North Media Q3 2025 Interim Report
Globenewswire· 2025-10-28 09:38
Group 1 - North Media released its Q3 2025 interim report on November 4, 2025 [1] - For 2025, North Media will present its financial results for H1 and the full year via webcasts [1] - An investor presentation will be available on the company's website shortly after the release of the interim reports for Q3 [1]
Release of third quarter results 2025
Globenewswire· 2025-10-28 09:30
Statkraft will disclose the third quarter results for 2025 on Thursday 30 October 2025 at 08:00 a.m. CET. The documents will be available on Statkraft’s website www.statkraft.com and Oslo Stock Exchange’s news service www.newsweb.no. WebcastAt 09:30 a.m. CEST, Statkraft will present the results via webcast at www.statkraft.com. The presentation will be held in English. Contact: Arild Ratikainen, Investor Contact, tlf.: +47 971 74 132, e-mail: arild.ratikainen@statkraft.com ...
Suspended trading due to challenges with NAV calculations
Globenewswire· 2025-10-28 09:21
Lysaker, 28 October 2025 The below funds are suspended from the live trading on Nasdaq Copenhagen due to technical issues which affect NAV calculations, and hence, challenges to provide intrinsic values for the funds. Regards Storebrand Asset Management AS Contacts: Henrik Budde Gantzel, Director, henrik.budde.gantzel@storebrand.no Frode Aasen, Product Manager, fdc@storebrand.com Fund name and share classSymbolISINSKAGEN Focus ASKIFOANO0010735129SKAGEN Global ASKIGLONO0008004009SKAGEN Kon-Tiki ASKIKONNO001 ...
Cameco and Brookfield Establish Transformational Partnership With United States Government to Accelerate Deployment of Westinghouse Nuclear Reactors
Businesswire· 2025-10-28 09:15
Core Insights - Cameco Corporation and Brookfield Asset Management have formed a strategic partnership with the United States Government to enhance the deployment of Westinghouse nuclear reactor technologies, aiming to revitalize supply chains and the nuclear power sector both in the US and globally [1][2][3] Partnership Structure - The agreement includes the US Government facilitating financing and permitting for new Westinghouse reactors, with a total investment of at least US$80 billion, which will support the American power grid and data centers [2][6] - The US Government will receive a 20% participation interest in cash distributions exceeding US$17.5 billion from Westinghouse, contingent upon a final investment decision and definitive agreements for reactor construction [6][7] Market Impact - The partnership is expected to boost confidence in the nuclear power sector, leading to increased demand for products and services from Westinghouse and Cameco [4][5] - The construction of new nuclear power plants is anticipated to accelerate growth in Westinghouse's energy systems segment and its core fuel fabrication and reactor services business [4] Strategic Goals - The collaboration aims to create value through the US Government's support in financial, regulatory, policy, and diplomatic areas, enhancing energy, national, and climate security [3][4] - The partnership is positioned to unlock significant long-term value, with the potential for an initial public offering (IPO) of Westinghouse if certain conditions are met by January 2029 [7] Company Positioning - Cameco is recognized as one of the largest and most reliable suppliers of uranium and nuclear fuel services, poised to benefit from the anticipated growth in nuclear power demand due to this partnership [5][16] - The acquisition of Westinghouse by Cameco and Brookfield in November 2023 combines Cameco's nuclear fuel supply chain expertise with Brookfield's investment capabilities in energy generation technologies [8]
Virtune Implements Proof of Reserve Powered By Chainlink Across Its $450M+ Digital Asset ETPs To Elevate Institutional Transparency
Globenewswire· 2025-10-28 08:54
Core Insights - Virtune AB has integrated Chainlink's Proof of Reserve solution to enhance transparency in its crypto exchange-traded products (ETPs) [2][4] - The integration positions Virtune as a leading adopter of Chainlink's technology, aiming to implement it across all its crypto ETPs [2][6] - Virtune currently manages over $450 million in assets across 19 ETPs, with a significant investor base of more than 150,000 [3][10] Company Overview - Virtune is a Swedish-regulated digital asset manager that issues 100% physically backed crypto ETPs, having launched its first product on Nasdaq Stockholm in May 2023 [10] - The company emphasizes investor protection and has built trust through a transparent and regulated approach [10] Industry Context - The integration of Chainlink Proof of Reserve is seen as a significant advancement in financial transparency for digital asset markets, aligning with traditional transparency standards [6][7] - As capital markets digitize, the demand for continuous and verifiable transparency is reshaping risk management and disclosure standards [5]