Sampo plc’s share buybacks 21 August 2025
Globenewswire· 2025-08-22 05:30
Group 1 - Sampo plc has conducted a share buyback on 21 August 2025, acquiring a total of 323,460 A shares at a daily weighted average price of €9.97 [1] - The share buyback program, announced on 6 August 2025, has a maximum limit of €200 million and is compliant with the Market Abuse Regulation [1] - The buyback program commenced on 7 August 2025, following authorization from Sampo's Annual General Meeting held on 23 April 2025 [1] Group 2 - After the recent transactions, Sampo plc now holds a total of 3,598,476 A shares, which represents 0.13% of the total number of shares in the company [2]
Prosafe SE: Second-quarter results and first half report 2025
Globenewswire· 2025-08-22 05:01
Financial Performance - Prosafe SE reported Q2 2025 EBITDA of USD 3.1 million, down from USD 6.6 million in the same period last year [1] - For the first half of 2025, EBITDA was USD 7.7 million compared to USD 13.8 million in H1 2024 [1] - Q2 revenues were USD 30.9 million, a decrease from USD 34.2 million year-over-year, while H1 revenues were USD 63.9 million, down from USD 68.2 million [6] - Cash flow from operations in Q2 was USD 12.2 million, down from USD 15.5 million, and for H1 it was USD 40.8 million, up from USD 14.1 million [6] - Capital expenditures (Capex) for Q2 were USD 14.5 million, significantly higher than USD 4.2 million in the previous year, and H1 Capex was USD 35.7 million compared to USD 5.9 million [6] Operations and Utilization - The company achieved a vessel utilization rate of 66%, with four out of five vessels operating during the quarter [6] - Notable vessels such as Safe Zephyrus, Safe Eurus, and Safe Notos operated at 99% utilization in Brazil [6] - Safe Notos has been awarded a four-year contract with Petrobras in Brazil, starting September 2026, at a significantly increased day rate [6] Recapitalization and Market Outlook - The recapitalization was completed on July 21, 2025, equitizing USD 193 million of debt for 90% of the company's shares, strengthening the balance sheet [5] - The transaction provides a sustainable capital structure and sufficient liquidity for future capital expenditures and working capital needs [5] - The expected EBITDA for 2025 is projected to be between USD 35 million and USD 40 million [6] - The company has a backlog of USD 518 million, up from USD 323 million, including options and letters of intent [6] - The market outlook is positive, with rising day rates and demand, particularly in Brazil and the North Sea [6]
BTS Group AB (publ) Interim report January-June 2025
Globenewswire· 2025-08-22 05:00
Core Insights - BTS North America has implemented a new profitability and growth strategy under new leadership, while BTS Europe and other markets have shown strong organic growth in the quarter [2][3] - The company anticipates that the EBITA result for 2025 will be worse than in 2024, indicating potential challenges ahead [2] Financial Performance - For Q2 2025, net sales were MSEK 721, a slight decrease from MSEK 730 in Q2 2024, with a currency-adjusted growth of 7%, of which 2% was organic [3][5] - EBITA for Q2 2025 decreased by 23% to MSEK 84 from MSEK 110 in Q2 2024, resulting in an EBITA margin of 11.7%, down from 15.1% [3][5] - Profit after tax for Q2 2025 was MSEK 39, a 35% decrease compared to MSEK 60 in Q2 2024, with earnings per share dropping to SEK 2.03 from SEK 3.11 [3][5] - For the first half of 2025, net sales were MSEK 1,368, a slight increase from MSEK 1,348 in the same period of 2024, with a currency-adjusted growth of 5% [3][5] - EBITA for the first half of 2025 decreased by 15% to MSEK 143 from MSEK 169 in the first half of 2024, with an EBITA margin of 10.5%, down from 12.5% [3][5] - Profit after tax for the first half of 2025 was MSEK 65, down from MSEK 114 in the first half of 2024, with earnings per share at SEK 3.35, a decrease from SEK 5.86 [3][5] Company Overview - BTS Group AB is a global professional services firm headquartered in Stockholm, Sweden, with approximately 1,200 professionals across 38 offices on six continents [7][8] - The company competes in talent and HR consulting as well as traditional consulting markets, focusing on leadership development, talent selection, strategy creation, and culture change [7]
Stockwik publishes quarterly report January 1 - June 30, 2025
Globenewswire· 2025-08-22 05:00
Core Insights - The company has achieved an organic increase in operating profit for the fifth consecutive quarter, with EBITA rising by 38.4% and net sales increasing by 10.8% compared to the same quarter last year [1][2]. Financial Summary - For the period of April to June 2025, net sales reached MSEK 236.5, up from MSEK 213.6, marking a 10.8% organic growth [1][2]. - EBITDA for the same period was MSEK 19.1, an increase of 13.6% from MSEK 16.8 [1][2]. - EBITA rose to MSEK 8.4, reflecting a significant increase of 38.4% compared to MSEK 6.1 [1][2]. - EBIT also saw a substantial increase of 64.0%, reaching MSEK 6.7, up from MSEK 4.1 [1][2]. - Despite the growth in sales and profit margins, profit before tax decreased to MSEK -15.7 from MSEK -9.0, and profit after tax decreased to MSEK -14.9 from MSEK -8.6 [1][2]. Long-term Financing - The company successfully secured long-term financing through a new senior secured bond issue of MSEK 400, which replaced the existing MSEK 350 bond on improved terms [2][1]. Operational Metrics - The average number of employees increased to 414 from 398 year-over-year [1]. - The equity ratio decreased to 16.6% from 26.5% due to the ongoing refinancing process [5]. Adjusted Financial Metrics - Adjusted EBITDA for the second quarter was MSEK 21.8, up from MSEK 19.3, with an adjusted EBITDA margin of 9.2% [1]. - Adjusted EBITA increased to MSEK 11.2 from MSEK 7.2, with an adjusted EBITA margin of 4.7% [1]. Company Overview - Stockwik Förvaltning AB provides a stable platform for small businesses to grow both organically and through acquisitions, offering value-adding products and services to corporate customers [3]. - The company is listed on Nasdaq Stockholm Small Cap under the short name STWK [3].
Interim consolidated financial statement of Grigeo Group AB covering 6 months of 2025
Globenewswire· 2025-08-22 05:00
Group Performance Summary - The Grigeo Group AB achieved a consolidated sales turnover of EUR 116.7 million over the first six months of 2025, an increase of EUR 12.4 million compared to the same period in 2024, representing a 12% growth [1][4] - The Group reported a profit before taxes of EUR 9.7 million, which is EUR 2.3 million less than the same period in 2024, indicating a 19% decline [2][4] - EBITDA for the Group decreased by EUR 0.9 million to EUR 15.8 million, reflecting a 5% decrease compared to the first half of 2024 [2][4] Management Commentary - The CEO, T. Jozonis, expressed satisfaction with the stability and growth in sales, despite challenges such as a slowed economy and fluctuating raw material prices [3] - The Group is focused on strengthening its market positions in the Baltic States, Scandinavia, and Western Europe, with over EUR 106 million invested in the hygiene paper segment [3]
Faraday X Announces that the FX Super One MPV Has Successfully Completed its First Round of U.S. Federal Motor Vehicle Safety Standards (FMVSS) Development Tests for Occupant Protection Upper Interior Impact Scenarios
Globenewswire· 2025-08-22 04:14
Core Points - Faraday Future Intelligent Electric Inc. announced that its FX Super One has successfully completed its first round of U.S. Federal Motor Vehicle Safety Standards (FMVSS) development tests for occupant protection, specifically focusing on upper interior impact scenarios [1][10][17] - The test results align with project expectations and provide confidence in the timely delivery of the vehicle's safety development [3][4] - The FX Super One is currently in the trial production phase at the company's manufacturing facility in Hanford, California, where production processes and quality standards are being verified [4][5] Vehicle Safety Development - The FMVSS No. 201 tests evaluate how well a vehicle protects occupants' heads during contact with upper interior components, emphasizing passive safety performance [2][3] - The tests were conducted using a Free Motion Head form (FMH) to assess potential head trauma through the Head Injury Criterion (HIC) [3] - The compliance process requires comprehensive design attention to interior geometry, padding materials, and energy absorption structures [4] Production and Engineering - Following the initial testing phase, the company will proceed with comprehensive vehicle engineering, including continued safety testing and validation [5] - The FX Super One was unveiled on July 17, showcasing advanced technology aimed at redefining the traditional mobility experience [6] - The company aims to introduce mass production models equipped with state-of-the-art luxury technology, targeting a broader market [7]
Kinhank Launches MotionX: A Family-Friendly AI Motion-Sensing Game Console
Globenewswire· 2025-08-22 03:39
Core Insights - Kinhank has launched the MotionX, a next-generation AI motion-sensing console aimed at promoting active family play and reducing passive screen time [1][7] Product Features - The MotionX console utilizes AI-powered full-body motion tracking, allowing users to engage in gameplay without handheld controllers or wearable devices [5][11] - It features a plug-and-play setup via HDMI, making it compatible with any television and easy to use for players of all ages [11] - The console comes preloaded with 21 family-friendly games, including dance competitions and fitness challenges, with ongoing free content updates provided [3][11] Health and Family Engagement - The MotionX console addresses the growing demand for healthier entertainment options by encouraging movement and social interaction among family members [7][9] - It is designed to support multi-player modes and replayable highlights, enhancing engagement and bonding experiences [11] Privacy and Accessibility - The system ensures user privacy through local data processing, eliminating the need for cloud uploads or user accounts, and includes a physical lens cover for added privacy assurance [8][11] - The design is intended to be accessible for users of all ages and physical abilities, promoting inclusive play [11]
Ezhou Huahu Airport has become China's air cargo hub: international cargo and mail throughput has soared by 261%
Globenewswire· 2025-08-22 03:12
Core Insights - Ezhou Huahu International Airport has established itself as a significant cargo hub in China, with impressive growth in international cargo and mail throughput and flight operations in the first half of 2025 [1][4]. Cargo Performance - In the first half of 2025, the airport's international cargo and mail throughput reached 249,000 tons, marking a year-on-year increase of 261% [1]. - Nearly 6,500 international and regional flights were operated during the same period, reflecting a year-on-year increase of 333% [1]. - As of July 17, 2025, over 60,000 cargo flights have been operated, with total cargo and mail throughput exceeding 2 million tons [1]. Route Network - Huahu Airport has opened 45 international and regional cargo routes, ranking first in central China, and operates 59 domestic cargo routes connecting 54 cities, covering all provincial-level administrative regions and ranking first in the country [4]. - The airport facilitates delivery of goods to domestic destinations within one night and international destinations within two nights, enhancing its role in the Air Silk Road [4]. Operational Efficiency - The airport's strategic location allows access to 90% of China's total economic area within 1.5 hours and major global economies within 8 hours, supporting the rapid distribution of high value-added and time-sensitive goods [5]. - Examples of efficient logistics include the delivery of fresh produce and seasonal delicacies to consumers promptly [5]. Industrial Development - The airport's cargo capacity is a catalyst for local industrial growth, with the Ezhou Airport Comprehensive Bonded Zone recently unveiled and 46 enterprises contracted while 140 have registered [6]. - Over the past three years, 225 projects worth more than 100 million yuan each have been secured around the airport, including 25 advanced manufacturing projects currently under construction [6]. - Biomedical companies are establishing international supply chain centers, and Zhongshi (Hubei) International Logistics Co., Ltd. is investing 200 million yuan in an international freight station [6].
Silvaco Announces CEO Transition
Globenewswire· 2025-08-22 02:02
Core Insights - Silvaco Group, Inc. has appointed Dr. Walden C. Rhines as the new CEO following the departure of Dr. Babak Taheri, who led the company for nearly seven years and oversaw its initial public offering [1][2] - Dr. Rhines expressed confidence in Silvaco's market position and technology offerings, emphasizing the company's potential for growth and shareholder value creation [2][3] Company Overview - Silvaco is a provider of TCAD, EDA software, and SIP solutions that facilitate semiconductor design and digital twin modeling through AI software and innovation [4] - The company's solutions cater to various markets, including semiconductor and photonics processes, automotive, memory, high-performance computing, and 5G/6G mobile markets [4] - Silvaco is headquartered in Santa Clara, California, with a global presence across North America, Europe, Asia, and other regions [4]
Alkane Delivers Profit After Tax of A$33 Million for FY2025
Globenewswire· 2025-08-22 00:56
Financial Performance - Alkane Resources Limited reported a significant increase in gold revenue for the year ended June 30, 2025, totaling A$262.36 million, up 52% from A$172.99 million in the previous year [1] - Gold production rose to 70,120 ounces, a 23% increase from 57,217 ounces in June 2024, driven by higher grade ore and improved recoveries [1] - The company achieved a profit after tax of A$33.04 million, an 87% increase compared to A$17.68 million in the prior year [1] Operational Highlights - The all-in sustaining cost (AISC) for gold production was A$2,561 per ounce [1] - The Tomingley profit before tax increased by 84% to A$60.93 million from A$33.12 million [1] - The merger with Mandalay Resources Corporation was approved by shareholders and became effective on August 5, 2025, positioning the company for future growth [2][3] Cash and Investments - As of June 30, 2025, the company held A$60.3 million in cash, bullion, and listed investments, with A$48.1 million in cash and A$12.2 million in bullion at fair value [2] - The market value of listed investments was A$8.0 million [2] Company Overview - Alkane Resources operates three mines in Australia and Sweden, focusing on gold and antimony production [7][8] - The company is also developing the Boda-Kaiser Project, a large gold-copper porphyry project in New South Wales, with ongoing exploration in the Northern Molong Porphyry Project [9]