(2025-04-24) Kitron today reported first-quarter results characterised by continued momentum in the Defence & Aerospace market sector and a growing order backlog. Kitron's revenue for the first quarter was EUR 164.6 million. This compares with EUR 160.6 million in the fourth quarter last year and EUR 173.9 million in the first quarter a year ago. The best-performing market sector was Defence/Aerospace, with strong growth both sequentially and year-on-year. The order backlog ended at EUR 524.6 million, compa ...

[Ad hoc announcement pursuant to Art. 53 LR] This press release is also available in Français (pdf) and Deutsch (pdf) Follow today's event live10:30 CEST Investor call audio webcastFull details on our website ............. Vevey, April 24, 2025 Three-month sales 2025: Delivering broad-based growth, executing on strategy Laurent Freixe, Nestlé CEO commented: "In an environment of heightened macroeconomic and consumer uncertainty, Nestlé delivered organic sales growth of 2.8%, with RIG of 0.7% and pricing ...

Bigbank’s total gross loan portfolio grew to a record 2.3 billion euros by the end of the first quarter, up 102 million euros (+5%) quarter on quarter and 550 million euros (+32%) year on year. The business loan portfolio grew by 44 million euros (+6%) to 808 million euros, the home loan portfolio by 51 million euros (+8%) to 664 million euros and the consumer loan portfolio by 12 million euros (+1%) to 840 million euros compared to the previous quarter. Bigbank’s deposit portfolio grew in the first quarter ...

The Board of Telia Lietuva, AB (hereinafter “Telia Lietuva” or “the Company”) approved unaudited Telia Lietuva, AB Interim Financial Statements, prepared according to International Financial Reporting Standards as adopted by the European Union, for 3 months’ period ended 31 March 2025. First quarter of 2025 (compared with the same period a year ago):- Revenue grew by 0.6% and amounted to EUR 119.8 million (2024: EUR 119 million)- Adjusted EBITDA up by 9.9% to EUR 48.3 million (2024: EUR 43.9 million)- EBITD ...

Core Viewpoint - Addex Therapeutics will announce its Full-Year 2024 Financial Results on April 25, 2025, and provide a business update along with a review of its product pipeline during a teleconference and webcast [1][2]. Company Overview - Addex Therapeutics is a clinical-stage biopharmaceutical company focused on developing novel small molecule allosteric modulators for neurological disorders [4]. - The lead drug candidate, dipraglurant, is being evaluated for brain injury recovery, including post-stroke and traumatic brain injury recovery [4]. - The company has a partnership with Indivior for a GABAB PAM drug candidate aimed at substance use disorders and is advancing its own GABAB PAM program for chronic cough [4]. - Addex holds a 20% equity interest in Neurosterix LLC, which is developing a portfolio of allosteric modulator programs targeting schizophrenia, mood disorders, and mild neurocognitive disorders [4]. - Addex shares are listed on the SIX Swiss Exchange and NASDAQ under the ticker symbol "ADXN" [4].

Core Insights - STMicroelectronics reported a significant decline in financial performance for Q1 2025, with net revenues of $2.52 billion, a decrease of 27.3% year-over-year and 24.2% quarter-over-quarter [3][5][6] - The gross margin fell to 33.4%, down 830 basis points from the previous year, primarily due to product mix and higher unused capacity charges [3][8] - Operating income plummeted to $3 million, a 99.5% decrease compared to the same quarter last year, resulting in an operating margin of only 0.1% [3][9] Financial Performance - **Net Revenues**: $2,517 million in Q1 2025, down from $3,321 million in Q4 2024 and $3,465 million in Q1 2024 [3][7] - **Gross Profit**: $841 million, a decrease of 41.7% year-over-year [8] - **Operating Income**: $3 million, down from $551 million in Q1 2024 [9] - **Net Income**: $56 million, an 89.1% decline from $513 million in the previous year [3][9] - **Diluted Earnings Per Share**: $0.06, compared to $0.54 in Q1 2024 [3][9] Segment Performance - **Analog, Power & Discrete, MEMS and Sensors (APMS)**: Net revenues of $1,466 million, down 28.0% year-over-year [7] - **Embedded Processing (EMP)**: Net revenues of $742 million, a decrease of 29.1% year-over-year [7] - **RF & Optical Communications (RF&OC)**: Net revenues of $306 million, down 19.2% year-over-year [7] Business Outlook - The company anticipates Q2 2025 net revenues of $2.71 billion, representing a sequential increase of 7.7% but a year-over-year decrease of 16.2% [5][21] - Gross margin is expected to remain around 33.4%, impacted by unused capacity charges [6][21] - The company is on track with a program to reshape its manufacturing footprint and aims for annual cost savings in the high triple-digit million-dollar range by the end of 2027 [5][17] Cash Flow and Financial Position - **Net Cash from Operating Activities**: $574 million, down 51.5% from $859 million in Q1 2024 [13] - **Free Cash Flow**: Positive at $30 million, compared to negative $134 million in the previous year [14] - **Net Capex**: $530 million in Q1 2025, down from $967 million in Q1 2024 [14] - **Inventory**: Increased to $3.01 billion, with days sales of inventory at 167 days [15] Corporate Developments - The company has made adjustments to its segment reporting effective January 1, 2025, to optimize resources and implement synergies [4][43] - STMicroelectronics is focused on innovation and cost management to enhance competitiveness in a challenging market environment [6][17]

Core Insights - Dassault Systèmes and Airbus have extended their strategic partnership, focusing on the 3DEXPERIENCE platform for lifecycle management of all new Airbus programs for civil and military aircraft and helicopters [2][6] - The deployment will enhance collaboration among over 20,000 users across various business areas and suppliers, utilizing virtual twins to improve production efficiency and reduce costs [3][6] - The partnership aims to support Airbus's digital transformation, accelerating the development of next-generation aerospace products while ensuring quality, safety, and security [4][6] Company and Industry Summary - The 3DEXPERIENCE platform will be implemented company-wide at Airbus for all future generations of aircraft and helicopters, marking a significant milestone in digital transformation [6] - Airbus will leverage seven industry solution experiences from Dassault Systèmes, including "Program Excellence" and "Winning Concept," to streamline operations and enhance product lifecycle management [5][6] - The collaboration is expected to enable Airbus to utilize AI-powered generative experiences and advancements in material science, modeling, and simulation, thereby redefining the aerospace industry's future [4][5]

Core Points - Verses AI Inc. has announced a public offering of 2,750,000 units at a price of US$2.88 (C$4.00) per unit, aiming for gross proceeds of US$7,920,000 (C$11,000,000) [1] - Each unit consists of one Class A subordinate voting share and one half of a share purchase warrant, with each whole warrant exercisable into one share at US$3.60 (C$5.00) for 36 months [1] - The offering is being conducted under a base shelf prospectus and a U.S. registration statement, with necessary approvals pending [2][3] Financial Implications - The net proceeds from the offering will enhance the company's financial position and provide liquidity for ongoing operations, particularly for research and development, working capital, and general corporate purposes [4] Accessibility of Documents - The base shelf prospectus and related documents will be accessible in Canada on SEDAR+ and in the U.S. on EDGAR [5][6]

Core Insights - Nokia has announced a multi-year extension of its strategic partnership with T-Mobile US to enhance its nationwide 5G network coverage and capacity [1][4] - The agreement includes the deployment of Nokia's AirScale Radio Access Network (RAN) portfolio, featuring advanced technologies such as Habrok Massive MIMO and Levante Ultra-Performance baseband solutions [2][7] - This collaboration aims to improve T-Mobile's network agility, scalability, and operational efficiency while supporting AI-RAN initiatives [3][4] Group 1 - The partnership will enable T-Mobile to reach over 98% of the U.S. population with enhanced 5G capabilities [1][4] - Nokia's solutions are designed to boost performance, efficiency, and reliability of T-Mobile's 5G network [2][3] - The deal encompasses hardware, software, maintenance, and support services [2] Group 2 - T-Mobile's President of Technology emphasized the agreement's role in solidifying T-Mobile's leadership in delivering benefits to customers [4] - Nokia's CEO highlighted the importance of the partnership in unlocking premium 5G performance for T-Mobile's customers [4] - The collaboration is part of T-Mobile's strategic initiatives to become America's largest and fastest 5G network, covering over 332 million people [4][7]

Company Overview - Grupo Aeroportuario del Pacífico, S.A.B. de C.V. (GAP) operates 12 airports in Mexico's Pacific region, including major cities like Guadalajara and Tijuana, and tourist destinations such as Puerto Vallarta and Los Cabos [3] - GAP's shares are listed on the New York Stock Exchange under the ticker symbol "PAC" and on the Mexican Stock Exchange under "GAP" [3] - The company acquired 100% of Desarrollo de Concesiones Aeroportuarias, S.L. in April 2015, which holds a majority stake in MBJ Airports Limited, operating Sangster International Airport in Jamaica [3] - GAP entered into a concession agreement for Norman Manley International Airport in Kingston, Jamaica, in October 2018 and took control of operations in October 2019 [3] Financial Reporting - GAP filed its annual report for the year ended December 31, 2024, with the Mexican National Banking and Securities Commission, the Mexican Stock Exchange, and the U.S. Securities and Exchange Commission [1] - The documents are accessible on the respective websites of BMV, BIVA, SEC, and GAP's corporate website [2] Compliance and Governance - GAP has implemented a "whistleblower" program in accordance with the Sarbanes-Oxley Act of 2002, allowing anonymous reporting of suspected criminal conduct or violations [6]