Sun Country Airlines names D. Torque Zubeck as Senior Vice President and Chief Financial Officer
Globenewswire· 2025-08-13 15:49
Torque Zubeck Torque Zubeck Stephen Coley Stephen Coley MINNEAPOLIS, Aug. 13, 2025 (GLOBE NEWSWIRE) -- Sun Country Airlines (NASDAQ: SNCY) announced today that D. Torque Zubeck, formerly a managing director with Alaska Airlines, will join Sun Country as Senior Vice President and Chief Financial Officer on Tuesday, September 2. Zubeck brings more than 30 years of finance experience to Sun Country, including more than 22 years of airline leadership roles. He served as Chief Financial Officer of Mesa A ...
Eik fasteignafélag hf.: Interim results for the first six months of 2025
Globenewswire· 2025-08-13 15:46
Core Viewpoint - The interim consolidated financial statements for Eik fasteignafélag hf. for the first half of 2025 show strong growth in revenue and EBITDA, aligning with the company's operational plans [4][5]. Operations of the Period - The company's operating revenue reached ISK 5,998 million, marking an 8.5% increase from the same period in 2024, with rental income contributing ISK 5,219 million, reflecting a real growth of 4.3% year-on-year [4]. - Operating profit before valuation changes, sales gain, depreciation, and amortization was ISK 3,693 million, up from ISK 3,519 million in the previous year, while adjusted EBITDA for the first half of 2025 was ISK 3,783 million, a 7.5% increase year-on-year [5]. - The total profit for the group in the first six months of 2025 was ISK 3,379 million [5]. Financial Position - Total assets amounted to ISK 162,348 million, with investment properties valued at ISK 151,523 million and total equity at ISK 52,647 million, resulting in an equity ratio of 32.4% [7]. - The company approved a dividend distribution of ISK 3,393.4 million for the financial year 2024, with payments scheduled in two installments [7]. - Interest-bearing debt stood at ISK 88,057 million, with a loan-to-value ratio of 56.1% [9]. Company Portfolio - The company signed a purchase agreement for all shares in Festing hf., with the transaction expected to complete in Q4 2025, subject to Competition Authority approval [10][15]. - The company sold the property at Rauðarárstígur 27 for a sales gain of approximately ISK 42 million [11]. Economic Occupancy Rate - The economic occupancy rate improved to 94.8%, an increase of 1.2 percentage points since the beginning of the year [12]. Updated Outlook - The company expects annual operating revenue for 2025 to be between ISK 12,270 million and ISK 12,650 million, with rental income estimated between ISK 10,590 million and ISK 10,910 million [14]. - EBITDA for 2025 is projected to be between ISK 7,735 million and ISK 7,975 million [14]. - The occupancy rate is anticipated to be between 94% and 95% by the end of 2025, with leasing of development square meters progressing slower than expected [17].
Michelin: Disclosure of trading in own shares - 13 AUGUST 2025
Globenewswire· 2025-08-13 15:45
23, Place des Carmes-Déchaux - 63000 CLERMONT-FERRAND Information about securities repurchasing programRegulated informationIssuer social denomination: Michelin – LEI 549300SOSI58J6VIW052 Types of securities: ordinary shares – Code ISIN FR001400AJ45Date : August 13th, 2025 Issuer Name Issuer code Transactiondate ISIN Code Daily total volume (in number of actions) Daily weighted average price of shares acquired Platform Compagnie Générale des Etablissements Michelin 549300SOSI58J6VIW052 <td style= ...
Milestone Scientific Schedules Second Quarter 2025 Financial Results and Business Update Conference Call
Globenewswire· 2025-08-13 15:45
Core Viewpoint - Milestone Scientific Inc. will host a conference call to discuss its financial results for Q2 2025 and corporate developments [1] Group 1: Conference Call Details - The conference call is scheduled for 8:00 AM Eastern Time on August 15, 2025 [1] - U.S. callers can dial toll-free 888-506-0062, while international callers can use +1 973-528-0011 with access code 470429 [2] - An audio replay will be available until August 29, 2025, accessible via 877-481-4010 for U.S. callers and +1 919-882-2331 for international callers with access code 52876 [3] Group 2: Company Overview - Milestone Scientific Inc. is a technology-focused medical research and development company specializing in innovative injection technologies for medical, dental, and cosmetic applications [4] - The company’s computer-controlled systems aim to enhance injection precision, efficiency, and patient comfort and safety [4] - The proprietary DPS Dynamic Pressure Sensing Technology is utilized to regulate flow rate and monitor pressure during subcutaneous drug delivery [4]
Kvika banki hf.: Financial Results for Q2 2025
Globenewswire· 2025-08-13 15:35
Core Insights - Kvika banki hf. reported strong financial performance in Q2 2025, achieving a post-tax profit from continuing operations of ISK 1,439 million, an increase of 85.2% compared to Q2 2024 [5] - The bank's total assets reached ISK 361 billion at the end of Q2 2025, reflecting a solid growth trajectory [5] - The bank is engaged in merger discussions with Arion Banki and Íslandsbanki, with the aim of enhancing shareholder value and long-term growth [9][10] Financial Performance Highlights - Post-tax profit from continuing operations for Q2 2025 was ISK 1,439 million, up from ISK 777 million in Q2 2024, marking an increase of ISK 662 million or 85.2% [5] - Profit before tax for Q2 2025 was ISK 2,025 million, compared to ISK 1,189 million in Q2 2024, an increase of 70.3% [5] - Net interest income for Q2 2025 was ISK 2,962 million, a 22.0% increase from ISK 2,428 million in Q2 2024 [5] - Net fee and commission income rose to ISK 1,935 million in Q2 2025, up 43.2% from ISK 1,351 million in Q2 2024 [5] - Administrative expenses increased by 9.1% to ISK 2,981 million in Q2 2025 from ISK 2,733 million in Q2 2024 [5] Balance Sheet Overview - Customer deposits at the end of Q2 2025 amounted to ISK 180 billion, a 10.3% increase from ISK 163 billion at year-end 2024 [5] - Loans to customers increased by 14.7% to ISK 172 billion at the end of Q2 2025 from ISK 150 billion at year-end 2024 [5] - The capital adequacy ratio (CAR) was 23.3% at the end of Q2 2025, up from 22.8% at year-end 2024 [5] - Total liquidity coverage ratio (LCR) was 910% at the end of Q2 2025, significantly higher than 360% at year-end 2024 [5] Strategic Developments - Kvika Corporate Finance successfully led the sale of the government's stake in Íslandsbanki and completed its first EUR bond issuance [8] - A new ISK 8 billion institutional credit fund was launched within Kvika Asset Management, and a new mortgage product was introduced under the Auður heima brand [8] - The bank is currently focused on due diligence for the merger process, which is expected to take 9-12 months [10]
Etoiles Capital Group Co., Ltd Announces Closing of Underwriters’ Over-Allotment Option in Connection with Initial Public Offering
Globenewswire· 2025-08-13 15:27
HONG KONG, Aug. 13, 2025 (GLOBE NEWSWIRE) -- Etoiles Capital Group Co., Ltd (Nasdaq: EFTY), a Hong Kong-based financial services provider, today announced that it closed the sale of an additional 210,000 Class A ordinary shares of the Company, pursuant to the full exercise of the underwriters’ over-allotment option granted in connection with the Company’s initial public offering (“IPO”, together with such over-allotment closing, the “Offering”), at the IPO price of $4.00 per share, less underwriting discoun ...
Correction: RCI Banque: ‘’2025 First Half Business Report’’
Globenewswire· 2025-08-13 15:20
August 13th, 2025 Correction: RCI Banque: ‘’2025 First Half Business Report’’ A corrected version of the RCI Banque group ‘’2025 First Half Business Report’’ is now available on the Mobilize Financial Services website www.mobilize-fs.com Attachment RCI_MOBILIZE_RA_30_juin_2025_EN_MEL2-130825 ...
SEALCOIN and Thomson Metavisio Bring Decentralized Computing to Consumer Laptops
Globenewswire· 2025-08-13 14:30
SEALCOIN and Thomson Metavisio Bring Decentralized Computing to Consumer Laptops SEALCOIN enables the computing shift from centralized data centers to a user-powered, secure, and distributed computing network Geneva, Switzerland & Dammarie-les-Lys, France – August 13, 2025 –WISeKey International Holding Ltd (“WISeKey”) (SIX: WIHN, NASDAQ: WKEY), a leading global cybersecurity, blockchain, and IoT company, today announces that its subsidiary SEALCOIN AG, which focuses on decentralized physical internet with ...
Transaction in Own Share(s)
Globenewswire· 2025-08-13 14:26
13 August 2025 HARGREAVE HALE AIM VCT PLC (the “Company”) Purchase of shares for cancellation Hargreave Hale AIM VCT plc announces that on 13 August 2025 the Company purchased 234,435 ordinary shares at a price of 33.15 pence per share for cancellation. Following the purchase and cancellation of the above shares, 372,604,285 ordinary shares of one pence each will remain in issue, carrying one vote each. The Company does not hold any ordinary shares in Treasury. Therefore, the total voting rights in the Comp ...
Toll Brothers Opens Enclave at Sprain Brook Luxury Townhome Community in Yonkers, New York
Globenewswire· 2025-08-13 14:15
YONKERS, N.Y., Aug. 13, 2025 (GLOBE NEWSWIRE) -- Toll Brothers, Inc. (NYSE:TOL), the nation’s leading builder of luxury homes, today announced its newest townhome community, Enclave at Sprain Brook, is now open for sale in Yonkers, New York. Situated just 17 miles from Manhattan, this intimate community of only 28 homes offers a suburban lifestyle with easy access to New York City. Located off Sprain Brook Parkway and minutes from the Yonkers Metro–North Railroad Station, Enclave at Sprain Brook features tw ...