Core Insights - The company experienced a significant growth in net result from core activities, increasing by 17.4% to € 50.9 million in 2025, with earnings per share reaching € 5.25, aligning with the upper end of earnings guidance [2][8] - The EPRA occupancy rate for the entire investment property portfolio improved to 97.3% by the end of 2025, up from 97.0% in 2024, while the retail portfolio occupancy slightly decreased to 98.5% [3][8] - The net asset value per share decreased to € 73.00, reflecting an 11.0% decline from € 82.02 in 2024, primarily due to dilution from stock dividends and capital increases [3][8] Financial Performance - Net rental income rose by 16.5% to € 75.5 million, compared to € 64.8 million at the end of 2024 [8] - The EPRA debt ratio increased to 31.9% from 27.0% in 2024, indicating a higher leverage position [4][8] - The fair value of the investment property portfolio increased by 22.8% compared to December 31, 2024 [8] Financing Activities - The company secured new financings totaling € 170 million in 2025, including € 100 million for the acquisition of Knauf Shopping Pommerloch [4][8] - Additional loans of € 20 million each were obtained for the acquisition of Shopping Ville2, with maturities extending to 2031 and 2030 [5][8] - A € 30 million private placement was completed with Royal London, contributing to long-term funding stability [6][8]

Core Insights - The company reported a significant decline in income attributable to Shell plc shareholders in Q4 2025, amounting to $4.134 billion, a 22% decrease from Q3 2025 and a substantial increase from $928 million in Q4 2024 [1][3][11] - Adjusted Earnings and Adjusted EBITDA also saw declines of 40% and 13% respectively compared to the previous quarter, reflecting unfavorable market conditions and increased operating expenses [1][2][4] - The company experienced a cash flow from operating activities of $9.438 billion in Q4 2025, down 23% from Q3 2025, primarily driven by Adjusted EBITDA and working capital inflows [1][5] Financial Performance - Total revenue for Q4 2025 was reported at $66.725 billion, a decrease from $70.410 billion in Q3 2025 [111] - The company’s total debt stood at $75.643 billion, with net debt increasing to $45.687 billion, reflecting a gearing ratio of 20.7% [1][7] - Free cash flow for the quarter was $4.249 billion, with cash capital expenditure at $6.015 billion [1][6] Segment Analysis Integrated Gas - Income for the Integrated Gas segment was $1.839 billion in Q4 2025, down 22% from Q3 2025, driven by lower realized prices and higher operating expenses [22][24] - LNG sales volumes increased by 5% compared to Q4 2024, reaching 19.79 million tonnes [22] Upstream - The Upstream segment reported an income of $3.648 billion in Q4 2025, a significant increase from $1.707 billion in Q3 2025, largely due to gains on asset disposals [34][36] - Total production available for sale increased by 3% compared to Q3 2025, driven by new oil production [34][38] Marketing - The Marketing segment reported a loss of $99 million in Q4 2025, a decline from a profit of $576 million in Q3 2025, attributed to lower marketing margins [46][49] - Cash flow from operating activities was negative at $(75) million, impacted by timing issues related to emissions payments [51] Chemicals and Products - The Chemicals and Products segment reported a loss of $560 million in Q4 2025, influenced by lower margins and higher operating expenses [59][63] - Cash flow from operating activities was $1.775 billion, down from $2.088 billion in Q3 2025 [60][66] Renewables and Energy Solutions - The segment reported a loss of $98 million in Q4 2025, with most activities being loss-making, offset by positive earnings from trading and optimization [77][80] - Cash capital expenditure was $391 million, reflecting ongoing investments in renewable projects [77] Shareholder Distributions - Total shareholder distributions in Q4 2025 amounted to $5.5 billion, including $3.4 billion in share buybacks and $2.1 billion in cash dividends [8] - The dividend per share for Q4 2025 was set at $0.372, with a new share buyback program of $3.5 billion announced [8] Outlook - The company expects cash capital expenditure for 2026 to be between $20 billion and $22 billion, with production estimates for Integrated Gas and Upstream segments projected to remain stable [104][105][106]

Core Viewpoint - Foresight Group Holdings Limited has reported a balance of 2,219,439 unallotted securities under its Performance Share Plan as of February 5, 2026, with no securities issued during the reporting period [1]. Group 1 - The applicant is Foresight Group Holdings Limited [1]. - The scheme in question is the Company's Performance Share Plan [1]. - The reporting period for this return is from August 6, 2025, to February 5, 2026 [1]. Group 2 - The balance of unallotted securities under the scheme remains unchanged at 2,219,439 since the previous return [1]. - There has been no increase in the block scheme since the last return [1]. - No securities were issued or allotted under the scheme during the reporting period [1].

Core Insights - FTI Consulting has enhanced its Transformation practice by appointing two senior chemicals experts, Mark Reimer as Senior Managing Director and Dr. Alexander Keller as Managing Director [1][2]. Group 1: Company Developments - The new appointments aim to assist chemical companies and investors in the DACH region and broader Europe with strategic changes, portfolio restructuring, and performance improvement [2]. - The European chemicals sector, particularly in Germany, is experiencing significant changes due to global overcapacity, shifting demand, rising energy and raw material costs, and high investment needs for decarbonization and the circular economy [3]. - The addition of Reimer and Keller strengthens FTI Consulting's sector-specific expertise, enhancing its ability to support chemical companies during restructuring phases [3][5]. Group 2: Expertise of New Appointees - Mark Reimer brings over 16 years of consulting experience, focusing on portfolio strategy, business model changes, and commercial improvements in the chemicals sector [3]. - Dr. Alexander Keller specializes in advising chemical companies and private equity investors on growth strategies and operational improvements, with a focus on adapting business models to changing market conditions [4]. Group 3: Company Background - FTI Consulting is a leading global expert firm for organizations facing crisis and transformation, with over 8,100 employees in 32 countries as of September 30, 2025, and generated $3.70 billion in revenues during fiscal year 2024 [6].

Bilbao, February 5th, 2026.- Virtualware (EPA: ALVIR), a leading expert in virtual reality for industry, listed on Euronext Growth Paris, closed 2025 with record bookings, exceeding €8 million. These bookings, derived primarily from government and nuclear projects, will enable the company to consolidate its position in the coming years. The company, which today presented its yearly unaudited results to Euronext, reported €4.32 million in revenue in 2025, a 2.85% increase YoY, with reported EBITDA of €598,50 ...

In 2025, we reached an EBITDA of DKK 501m supported by the Halmstad warehouse sale. In Q4, the EBITDA adjusted for non-recurring items followed the same development as in Q2 and Q3 2025. EBITDA remained pressured by uncertain market conditions and an unfavourable segment mix. We expect these challenges to persist well into 2026, with markets remaining unpredictable and difficult to navigate. CEO Jens Andersen says:“Despite a challenging market environment in 2025, we made decisive investments that strengthe ...

Group 1 - The company has published its full Annual Report for 2025, confirming that all results remain unchanged from previously announced financial highlights [1] - The full Annual Report for the entire Tryg Group was made available on January 22, 2026, and can be accessed on the company's official website [1]

Financial Performance - Realkredit Danmark reported a net profit of DKK 4,848 million for 2025, an increase from DKK 4,424 million in 2024, driven by loan impairment reversals and lower expenses [12] - Total expenses decreased to DKK 898 million in 2025 from DKK 1,010 million in 2024, primarily due to the cessation of payments to the fully funded Resolution Fund and reductions in operating expenses [12] - The company experienced a net reversal of loan impairment charges amounting to DKK 258 million in 2025, compared to a charge of DKK 333 million in 2024, indicating strong credit quality [12] Market Position and Strategy - Realkredit Danmark plays a significant role within Danske Bank Group, aiming to be a leading bank in mortgages and property finance for both households and businesses [3] - The company financed several of the largest transactions in the Danish commercial real estate market in 2025, reinforcing its strong market position [12] - The green loan portfolio surpassed DKK 34 billion by the end of 2025, growing from DKK 29 billion in 2024, highlighting the company's commitment to sustainable financing [12] Product and Service Enhancements - In 2025, Realkredit Danmark removed the additional margin on new interest-only loans with a loan-to-value ratio below 60%, providing customers with greater financial flexibility [2] - The introduction of the Danske BoligStart concept in June aimed to support first-time homebuyers aged 18 to 38 by offering guidance and minimizing uncertainty during the home-buying process [4] - New digital features, including a loan monitoring 'traffic light' system and an improved home finance tool, were launched to enhance customer experience and streamline the loan application process [5][6] Market Outlook - The Danish housing market showed resilience in 2025, supported by a robust labor market and easing inflation, with increasing prices and activity levels despite low consumer confidence [9] - Growth in the housing market is projected to moderate in 2026, with an estimated increase of 6.5% [9] - Realkredit Danmark expects a net profit for 2026 to be within the range of DKK 4.2 billion to DKK 4.7 billion [12]

Core Insights - Sampo Group achieved consistent execution of its organic growth strategy in 2025, benefiting from scale, unique market positions, and investments in digital capabilities [2][8] - The company is well-positioned to meet its financial targets in 2026, aiming for resilient value creation for shareholders [2][14] Financial Performance - Gross written premiums (GWP) increased by 8% year-on-year to EUR 10,738 million in 2025, with a 3% increase in Q4 [3] - Insurance revenue rose by 8% to EUR 9,078 million, with a 7% increase in Q4 [3] - The underwriting result improved by 13% to EUR 1,485 million, with a 1% increase in Q4 [3] - Net profit surged by 73% to EUR 1,998 million, with a 198% increase in Q4 [3] - Earnings per share (EPS) increased by 65% to EUR 0.74, driven by a EUR 540 million net gain on investments [6][3] Operational Highlights - Digital sales in the Private Nordic segment grew by 15%, with personal insurance GWP growth of 11% [9][10] - The Nordic Commercial segment also saw a 15% increase in digital sales, gaining over 3,200 new customers [10] - Norway exhibited strong growth, with 16% in Nordic Private and 13% in Nordic Commercial [11] Strategic Initiatives - Sampo renewed all material partnerships across markets, enhancing its market-leading position [12] - The integration of Topdanmark is expected to yield synergies and improve cost ratios [13][19] Outlook for 2026 - Sampo projects insurance revenue of EUR 9.5-9.8 billion and an underwriting result of EUR 1,485-1,600 million for 2026 [23] - The company aims to maintain a combined ratio below 85% and achieve operating EPS growth of over 9% annually [21] - The proposed dividend of EUR 0.36 per share represents a 6% increase, aligning with the medium-term distribution policy [15]

Core Insights - Danske Bank reported a net profit of DKK 23.0 billion for 2025, achieving the upper end of its guidance, driven by resilient net interest income and effective cost management [1][4][7] - The Board of Directors proposed a total dividend of DKK 22.72 per share, which includes a regular dividend of DKK 16.94 and an extraordinary dividend of DKK 5.78 [1][20] - A share buy-back program of DKK 4.5 billion has been initiated, reflecting strong capital generation and a commitment to shareholder returns [21][22] Financial Performance - Total income for 2025 was DKK 56.8 billion, a 1% increase from DKK 56.4 billion in 2024 [8] - Operating expenses rose slightly to DKK 25.8 billion, compared to DKK 25.7 billion in 2024, influenced by investments in digitalization and wage inflation [6][8] - Loan impairments amounted to a net charge of DKK 294 million, indicating strong credit quality, in contrast to a net reversal of DKK 543 million in 2024 [6][8] Strategic Execution - Danske Bank continued to execute its Forward '28 strategy, focusing on enhancing customer experience, digital transformation, and sustainability initiatives [9][11] - Customer activity increased in several segments, particularly in corporate lending and private banking, with assets under management reaching record levels [2][10] - Employee engagement improved, and technology transformation efforts are on track to achieve a 20% increase in productivity and a 15% reduction in technology costs by 2026 [11] Segment Performance - Personal Customers segment reported a profit before tax of DKK 8,497 million, a 13% decrease from 2024, primarily due to lower net interest income [15] - Business Customers segment saw a profit before tax increase of 16% to DKK 10,085 million, driven by higher net interest and fee income [16] - Large Corporates & Institutions reported a profit before tax of DKK 9,883 million, a 3% decrease, but total income reached record levels [17] Market Outlook - The economic outlook for 2026 is moderately positive, with expectations of stable interest rates and increased demand in the Nordic markets [13][14] - Total income is projected to be around DKK 58 billion in 2026, with operating expenses expected between DKK 26-26.5 billion [23][24] - Net profit for 2026 is anticipated to be in the range of DKK 22-24 billion, maintaining a return on equity above 13% [24]