Multitude Capital Oyj publishes its H1 2025 Report
Globenewswire· 2025-08-21 05:30
Core Insights - Multitude Capital Oyj published its Half-Year 2025 Report, highlighting significant financial improvements compared to the previous year [1] Financial Performance - The net interest income for the first half of 2025 was EUR 614 thousand, a substantial increase from a loss of EUR 64 thousand in the same period of 2024 [2][4] - The profit before income tax for H1 2025 was EUR 495 thousand, compared to a loss of EUR 141 thousand in H1 2024 [2] - Net cash flow from operating activities was EUR 1,683 thousand, up from EUR 518 thousand in the previous year [2] Funding Strategy - Multitude Capital Oyj has issued EUR 100 million in senior unsecured bonds under its EUR 150 million bond programme since its inception in June 2024 [3] - The bonds have a floating rate coupon of 3-month EURIBOR plus 6.75% and are listed on the Frankfurt Stock Exchange and Nasdaq Stockholm [3] Financial Position - As of 30 June 2025, total assets amounted to EUR 76.9 million, an increase from EUR 74.7 million at the end of 2024 [5] - Total liabilities were EUR 76.4 million as of 30 June 2025, up from EUR 74.6 million at the end of 2024, primarily due to debt securities issued [5] Company Overview - Multitude Capital Oyj serves as a funding vehicle for Multitude Group, which offers digital lending and online banking services through various business units [6][7] - Multitude Group operates in 25 countries, employing over 700 people and achieving a combined turnover of EUR 264 million in 2024 [7]
Sampo plc’s share buybacks 20 August 2025
Globenewswire· 2025-08-21 05:30
Core Viewpoint - Sampo plc has initiated a share buyback program with a maximum value of EUR 200 million, which commenced on 7 August 2025, following the authorization from its Annual General Meeting on 23 April 2025 [1][2]. Group 1: Share Buyback Details - On 20 August 2025, Sampo plc acquired a total of 323,763 A shares at a daily weighted average price of EUR 9.96 [1]. - The buyback transactions were executed across multiple markets, including AQEU, CEUX, TQEX, and XHEL, with respective volumes of 7,235, 125,148, 34,713, and 156,667 shares [1]. - The total number of Sampo A shares owned by the company after the transactions is 3,275,016, representing 0.12% of the total shares outstanding [2].
Herantis Pharma releases 1H 2025 report today
Globenewswire· 2025-08-21 05:19
Espoo, Finland, 21 August 2025: Herantis Pharma Plc ("Herantis"), a clinical-stage company developing disease-modifying therapies to stop Parkinson’s disease, releases today the Company’s 1H 2025 report. The full report is available at the Company’s website: www.herantis.com. Antti Vuolanto, CEO of Herantis, said: “We made significant clinical progress in the first half of 2025, advancing HER-096 through the Phase 1b study which is now approaching completion on schedule, a key milestone. We reported encoura ...
VGP’s Half Year Results 2025
Globenewswire· 2025-08-21 05:00
Core Insights - VGP NV reported a pre-tax profit of €208.6 million for H1 2025, marking a 35% increase compared to H1 2024, driven by net rental income and valuation gains [2] - The company achieved a total committed annualized rental income of €441.3 million, reflecting a 7% year-to-date increase and 14.7% organic growth year-over-year [2] - VGP's total investment property at share increased by 8.3% to €5.4 billion, with a balance sheet total surpassing €5 billion [2] Financial Performance - Net rental and renewable energy income rose by 24.3% to €40.9 million, while joint venture management fee income increased by 2.6% to €16.1 million [2] - Net valuation gains on the portfolio reached €141.5 million, representing a 42.8% increase [2] - On a look-through basis, net rental income increased by 16.4% compared to H1 2024, totaling €103.9 million [2] Leasing and Development - VGP signed and renewed lease agreements totaling €56.1 million, covering 822,000 sqm during H1 2025 [2] - The pre-let ratio for assets under construction is currently at 76%, with projects older than six months achieving an 80% pre-let rate [2] - The company delivered 11 projects totaling 264,000 sqm during H1 2025, achieving a 96.3% let rate [2] Land Acquisition and Development Potential - VGP acquired 633,000 sqm of development land, expanding into the UK and several other European countries [2] - The total secured landbank now stands at 9.7 million sqm, with a development potential exceeding 4 million sqm, estimated to generate over €256 million in rental value [2] Renewable Energy Initiatives - Gross renewable income surged by 71.5% year-over-year to €6.5 million, with total renewable energy capacity installed increasing from 143 MW to 177.3 MW [2] - Marketable production of renewable energy rose from 47 GWh to 70 GWh, reflecting a 49% year-over-year increase [2] Financial Stability and Outlook - The company has available liquidity of €0.9 billion and extended the maturity of outstanding financial indebtedness through bond issuances totaling €576 million [2] - VGP's EPRA NTA increased by 4.8% since December 2024 and by 11.5% year-over-year [2] - The company received an investment grade BBB- rating from Standards & Poor's with a stable outlook [2]
Aegon reports first half year 2025 results
Globenewswire· 2025-08-21 05:00
Schiphol, August 21, 2025 - Please click here to access all 1H 2025 results related documents. 1H 2025 Financial highlights 1H 2025 Capital highlights Strategic developments Review announced on relocating Aegon's legal domicile and head office to the United States Lard Friese, Aegon CEO, commented: "We generated strong commercial momentum across our key markets in the first half of 2025. In the United States, new life sales increased by 13% to USD 276 million, while World Financial Group (WFG) continued to ...
Strong second quarter for Kinepolis cinemas thanks to international blockbusters
Globenewswire· 2025-08-21 05:00
Strong second quarter for Kinepolis cinemas thanks to international blockbusters Regulated information 21 August 2025, 7.00 am CET After a weak start to the year due to a limited blockbuster offering, Kinepolis posted strong second-quarter results, driven by a robust international film lineup and an effective premiumisation strategy. The success of 'A Minecraft Movie', 'Lilo & Stitch' and 'Mission Impossible: The Final Reckoning', among others, boosted visitor numbers by 17.3% in the second quarter compared ...
Molecular Partners appoints Martin Steegmaier as Chief Scientific Officer to drive discovery of next-gen DARPin therapeutics
Globenewswire· 2025-08-21 05:00
Core Viewpoint - Molecular Partners AG has appointed Martin Steegmaier, Ph.D., as Chief Scientific Officer (CSO), effective October 1, 2025, to enhance its oncology drug development efforts, particularly in DARPin therapeutics [1][2]. Company Overview - Molecular Partners AG is a clinical-stage biotech company focused on developing DARPin therapeutics, which are custom-built protein drugs aimed at addressing medical challenges that other drug modalities cannot effectively tackle [6]. - The company has a pipeline that includes various programs in pre-clinical and clinical development, with a primary focus on oncology [6]. Leadership Appointment - Martin Steegmaier brings extensive experience in oncology drug development from previous roles at Roche, MorphoSys, Boehringer Ingelheim, and SOTIO Biotech, where he led the development of a broad pipeline of oncology programs [1][3][2]. - The CEO of Molecular Partners, Patrick Amstutz, expressed confidence that Steegmaier's expertise will significantly contribute to the company's research organization and the advancement of its targeted DARPin therapeutics [2]. Educational Background - Martin Steegmaier holds a Ph.D. in biochemistry from the University of Basel and an MBA from the Edinburgh Business School, which complements his extensive experience in the biotech and pharmaceutical sectors [4]. Future Directions - The company aims to innovate and advance its pipeline of targeted DARPin therapeutics, including Radio-DARPins and Switch-DARPins, which are designed for logic-gated immune cell activation [2][5].
Vantage Drilling International Ltd. Schedules Second Quarter of 2025 Earnings Release Date and Conference Call
Globenewswire· 2025-08-21 05:00
Group 1 - The company, Vantage Drilling International Ltd., will host a conference call on August 28, 2025, at 10:00 AM Eastern Time to discuss its operating results for the second quarter of 2025 [1] - Earnings will be released before the conference call on the same day and will be available on the company's website [1] - Vantage is an offshore drilling contractor that primarily contracts drilling units and related services to oil and gas companies globally [4] Group 2 - The company provides management services for third-party-owned drilling units in addition to its primary business [4] - Contact information for the Chief Financial Officer, Rafael Blattner, is provided for further inquiries [5] - Instructions for accessing the conference call include a registration process and options for joining the call [6]
DNO Hikes Dividends on Back of Transformative Acquisition, Posts Strong Second Quarter Results
Globenewswire· 2025-08-21 05:00
Core Viewpoint - DNO ASA reported strong second quarter results with significant increases in revenue and operating profit, driven by production growth and the recent acquisition of Sval Energi Group AS [1][12]. Financial Performance - Revenue increased by 37% to USD 258 million from the prior quarter [1][12]. - Operating profit surged by 206% to USD 86 million [1][12]. - Net profit showed a loss of USD 7 million, an improvement from a loss of USD 4 million in the previous quarter [12]. Production and Operations - Net production rose by 10% to 92,600 barrels of oil equivalent per day (boepd) [2][12]. - Production sources included 56,100 boepd from the Kurdistan region, 33,300 boepd from the North Sea, and 3,200 boepd from West Africa [2]. - Following the Sval acquisition, North Sea production is projected to reach 80,000-85,000 boepd in the second half of 2025 [2]. Strategic Focus - The company aims to enhance cash value for shareholders through increased dividends while managing expenditures [4]. - DNO plans to reduce debt levels and costs [4]. - The company is also focused on divesting low-return projects and acquiring higher-return assets [8]. Exploration and Development - DNO has made three commercial discoveries in four exploration wells this year, totaling net mean resources of 34 million barrels of oil equivalent (MMboe) [7]. - The company has six ongoing tieback developments expected to contribute approximately 25,000 boepd net by the end of 2029 [5]. Financing Activities - DNO issued a USD 400 million hybrid bond in June and repaid over USD 600 million in reserve-based lending facilities [10]. - The company entered into a North Sea gas offtake agreement and a related USD 500 million financing facility [10]. Dividend Announcement - The Board of Directors authorized a dividend payment of NOK 0.375 per share, representing a 20% increase from prior distributions [11].
Kojamo plc Half-Year Financial Report 1 January–30 June 2025
Globenewswire· 2025-08-21 05:00
Kojamo plc Stock Exchange Release, 21 August 2025 at 8.00 a.m. EEST Kojamo plc Half-Year Financial Report 1 January–30 June 2025 Strong increase in occupancy rate continued This is a summary of the January–June Half-Year Financial Report, which is in its entirety attached to this release and can be downloaded from the company's website at www.kojamo.fi/investors. Unless otherwise stated, the comparison figures in brackets refer to the corresponding period of the previous year. The figures in this Half-Year ...