JLT Mobile Computers and Linnaeus University join forces to advance AI Safety in Vehicle-Mounted Computing
Globenewswire· 2025-08-27 06:00
Core Insights - JLT Mobile Computers has partnered with Linnaeus University to develop an AI-driven safety application called Screen Blanking, aimed at reducing driver distraction and ensuring compliance with global regulations [3][4][8] - The Screen Blanking solution utilizes AI and Machine Learning to automatically blank the display of vehicle-mounted computers while the vehicle is in motion, enhancing safety in industrial environments [4][5][6] - The application has successfully passed internal testing and is now entering pilot trials in live forklift operations to validate its performance in real-world settings [7] Company Overview - JLT Mobile Computers specializes in rugged computing solutions for demanding environments, with over 30 years of experience in development and manufacturing [10] - The company operates globally with offices in Sweden, France, and the US, and is listed on the Nasdaq First North Growth Market stock exchange since 2002 [10] - JLT's focus is on providing high-quality products and services to sectors such as warehousing, transportation, manufacturing, mining, ports, and agriculture [10] Academic Collaboration - The collaboration between JLT and Linnaeus University exemplifies the application of academic research to practical industrial challenges, particularly in enhancing workplace safety through AI [7][8][11] - Linnaeus University emphasizes its commitment to applying theoretical knowledge in computer science and mathematics to real-world problems, showcasing the potential of AI in transforming industrial safety [7][11]
IMCD to acquire Tillmanns to further strengthen its presence in Italy
Globenewswire· 2025-08-27 06:00
Core Insights - IMCD N.V. has signed an agreement to acquire 100% of the shares in Tillmanns S.p.A., enhancing its market presence in Italy and unlocking growth potential across industrial and food markets [1][4]. Company Overview - Tillmanns, founded in 1940 and headquartered in Milan, Italy, is a well-established distributor of specialty chemicals, serving key markets such as coatings, construction, food & nutrition, and water treatment [2]. - In 2024, Tillmanns reported annual revenues of approximately EUR 143 million and employs a skilled team of 78 people [3]. Strategic Fit - The acquisition of Tillmanns is a strategic fit for IMCD, as it increases scale and market presence in Italy, complementing IMCD's ambition to deliver value-driven solutions and technical support [4]. - Marcus Jordan, CEO of IMCD, emphasized that Tillmanns brings local expertise, a loyal customer base, and a strong growth platform in industrial, water, and food applications [5]. Financial Performance - IMCD reported revenues of EUR 4,728 million in 2024 and has over 5,100 employees [7].
Sydbank’s Interim Report – First Half 2025
Globenewswire· 2025-08-27 05:55
Core Performance - Sydbank reported a profit of DKK 1,212 million for H1 2025, achieving a return on equity of 16.7% after tax, positioning it as a leader among major banks in Denmark [1][8] - Core income for the period amounted to DKK 3,335 million, reflecting a 9% decrease compared to the same period in 2024, primarily due to lower net interest income, which was partially offset by a 7% increase in other core income [5][8] - Trading income was recorded at DKK 127 million, maintaining a satisfactory level despite a decline from DKK 153 million in H1 2024 [5][8] Customer Activity and Satisfaction - There was a significant influx of customers and a high level of satisfaction across customer segments, particularly among retail clients, contributing to increased activity [2][4] - Sydbank achieved the highest score ever in Aalund's annual customer satisfaction survey, with corporate clients rating the bank at 8.4, the highest among banks [4][8] Financial Position and Strategy - The CET1 ratio stands at 16.7%, having decreased by 1.1 percentage points compared to year-end 2024, attributed to the ongoing share buyback program of DKK 1,350 million [3][8] - Costs increased from DKK 1,659 million to DKK 1,765 million, mainly due to the acquisition of Coop Bank and agreed pay rises [5][8] - The bank's strategy focuses on profitable growth and responsible capital use, with ongoing share buybacks aimed at creating shareholder value [3] Outlook - Moderate growth is projected for the Danish economy, with profit after tax expected to range between DKK 2,200 million and DKK 2,600 million [8]
Financial calendar
Globenewswire· 2025-08-27 05:54
Financial Calendar - The Group's preliminary announcement of financial statements for 2026 is scheduled for release at 8.00 am on specified dates [1] - The preliminary announcements will be accessible on sydbank.dk and sydbank.com immediately after their release [1] Annual General Meeting - The Annual General Meeting (AGM) is set for 19 March 2026, with business proposals required in writing by 4 February 2026 [2] - Any dividend will be credited to shareholders' return accounts on 24 March 2026 [2] Financial Reporting Schedule - The announcement of the 2025 Financial Statements is planned for 25 February 2026 [3] - Interim Reports for Q1 2026 and the First Half of 2026 are scheduled for 6 May 2026 and 26 August 2026, respectively [3] - The Interim Report for Q1-Q3 2026 will be released on 4 November 2026 [3]
The Agfa-Gevaert Group in Q2 2025: strong HealthCare IT performance, stable Digital Print & Chemicals performance – further decline in medical film
Globenewswire· 2025-08-27 05:45
Group Performance - The Agfa-Gevaert Group reported a revenue of €281 million in Q2 2025, a decrease of 1.6% compared to €286 million in Q2 2024. For H1 2025, revenue was €523 million, down 2.4% from €536 million in H1 2024 [7][30] - The Group's gross profit decreased to €85 million in Q2 2025, down 10.9% from €96 million in Q2 2024, resulting in a gross profit margin of 30.4% [7][30] - Adjusted EBITDA fell to €13 million in Q2 2025, a decline of 41.2% from €22 million in Q2 2024, with a margin of 4.7% [7][30] HealthCare IT Division - The HealthCare IT division achieved a revenue of €61 million in Q2 2025, reflecting a growth of 4.8% from €58 million in Q2 2024. For H1 2025, revenue increased by 8.2% to €118 million [11][14] - Adjusted EBITDA for HealthCare IT rose significantly by 57.3% to €8.9 million in Q2 2025, compared to €5.6 million in Q2 2024, with a margin of 14.6% [11][20] - The division's strong performance was attributed to the successful transition to cloud-based solutions, particularly in North America, with a stable order intake of €151 million over the past 12 months [14][20] Digital Print & Chemicals Division - The Digital Print & Chemicals division reported a revenue increase of 6.1% to €118 million in Q2 2025, driven mainly by Specialty Films & Chemicals [15][21] - Adjusted EBITDA decreased to €10 million, down 14.0% from €11.6 million in Q2 2024, with a margin of 8.4% [15][21] - The division faced challenges due to unfavorable market conditions affecting profitability, despite maintaining a stable order book [21] Radiology Solutions Division - The Radiology Solutions division experienced a significant revenue decline of 18.4% to €80 million in Q2 2025, heavily impacted by the ongoing decline in the medical film market, particularly in China [18][26] - Adjusted EBITDA for this division was negative at -€4.9 million, compared to a positive €7.1 million in Q2 2024, indicating severe profitability challenges [18][26] - The company is implementing a cost optimization plan for traditional film activities, with expected savings to begin in the second half of 2025 [26] Financial Position and Outlook - The company secured a new revolving credit facility of €180 million, enhancing its financial stability [4][8] - The net profit for Q2 2025 was reported at €30 million, significantly influenced by a favorable arbitration award related to AgfaPhoto [8][30] - The outlook for 2025 anticipates a positive net cash flow, primarily driven by inflows from discontinued operations and legal settlements [10][30]
Sampo plc’s share buybacks 26 August 2025
Globenewswire· 2025-08-27 05:30
Group 1 - Sampo plc has conducted a share buyback on 26 August 2025, acquiring a total of 328,204 A shares at an average price of EUR 9.83 per share [1] - The share buyback program, announced on 6 August 2025, has a maximum limit of EUR 200 million and is in compliance 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 4,577,810 A shares, which represents 0.17% of the total number of shares in the company [2] - Details of each transaction related to the share buyback are included in an appendix of the announcement [2]
Ageas reports first half-year results 2025
Globenewswire· 2025-08-27 05:30
Core Insights - The company reported strong first-half 2025 results, achieving a Net Operating Result of EUR 734 million, which is a 20% increase compared to H1 2024 [1] - The positive performance is attributed to a diverse portfolio in Life and Non-Life products, with notable growth in Belgium exceeding 10% and a successful product mix transition in China [1] - The company revised its Elevate27 targets upward, increasing the Holding Free Cash Flow target from above EUR 2.2 billion to more than EUR 2.3 billion by 2027, while maintaining a 6% annual increase in dividend per share [1] Financial Performance - Inflows reached EUR 10.5 billion, representing a 4% increase compared to H1 2024 [1] - The expected Net Operating Result for the full year is projected to be between EUR 1.3 billion and EUR 1.35 billion [1] - Operational capital is expected to be EUR 940 million, reflecting a 17% increase compared to 2024 [1] Shareholder Returns - An interim dividend of EUR 1.50 will be distributed on December 5 [1] - The company plans to distribute over EUR 2 billion to shareholders over the cycle [1] Sustainability Efforts - The company has improved its scores with leading ESG rating agencies, ISS and Sustainalytics, highlighting its commitment to sustainable entrepreneurship [1]
Tomas Staškūnas replaces Virgeda Jackaitė as Acting CEO of Civinity
Globenewswire· 2025-08-27 05:28
Leadership Change - Civinity is undergoing a leadership change as CEO Virgeda Jackaitė goes on maternity leave, with Tomas Staškūnas appointed as Acting Chief Executive Officer [1][2] - Tomas Staškūnas has over 20 years of experience in finance and previously served as Chief Financial Officer of Civinity [3] Strategic Continuity - The appointment of Tomas Staškūnas is aimed at ensuring continuity in the group's operations and pursuing strategic goals during Jackaitė's absence [4] - Staškūnas has been actively involved in strategic decisions and day-to-day operations, making him well-prepared for the role [4] Company Priorities - The group's priorities remain unchanged under Staškūnas, focusing on organic growth, acquisitions, public bond issuance, and the development of the Smart Green City ecosystem [5] - Emphasis will continue to be placed on service quality and operational efficiency [5] Company Overview - Civinity is a major urban lifestyle company in the Baltics and the UK, comprising over 30 companies and employing more than 1,600 people [6] - In 2024, Civinity reported revenues of €88.5 million and Pro Forma EBITDA of €7.4 million [6]
IDEX Biometrics ASA: First half 2025 report
Globenewswire· 2025-08-27 05:00
Financial Performance - IDEX Biometrics reported operating expenses excluding cost of materials and depreciation of $5.2 million for the first half of 2025, a 52% reduction compared to $10.7 million in the same period of 2024 [2] - The company had a net loss of $2.1 million for the quarter, with revenues of $0.1 million [2] - Cash balance as of June 30, 2025, was $1.0 million [2] Operational Changes - The company reduced its full-time equivalent staff from 59 on June 30, 2024, to 30 by the end of Q2 2025, resulting in a 73% reduction in compensation and benefits costs compared to the previous quarter [2] - A renegotiation of Heights convertible bond reduced the outstanding principal from approximately NOK 66.6 million to NOK 50.0 million, and further to approximately NOK 33.3 million in July [2] - The company aims to achieve a quarterly run rate of operating expenses between $1.5 million and $1.7 million by the end of Q3 2025 [2] Management and Governance - On June 1, 2025, IDEX strengthened its management team by appointing Kjell-Arne Besseberg as Chief Operating Officer [2] - On June 30, 2025, CEO Anders Storbråten also took on the role of CFO, consolidating the two positions to reduce costs and enhance focus on investor relations [2] - Employees, directors, and consultants subscribed for 299,381,600 shares totaling approximately NOK 3.0 million on June 15, 2025, to strengthen alignment of interests within the company [2] Company Overview - IDEX Biometrics ASA is a global leader in fingerprint biometrics, providing authentication solutions for payments, access control, and digital identity [1] - The company partners with leading card manufacturers and technology companies to bring its biometric solutions to market [1]
Idorsia successfully completes convertible bonds restructuring
Globenewswire· 2025-08-27 05:00
Core Viewpoint - Idorsia Ltd has successfully completed a repurchase offer for its convertible bonds, significantly reducing its outstanding debt and restructuring its financial obligations [1][4]. Group 1: Repurchase Offer Details - The repurchase offer for the CHF 204 million convertible bonds maturing in 2025 (CB 2025) saw bondholders accept an aggregate nominal value of CHF 187,476,000, which is 91.90% of the total issued nominal value [2]. - For the CHF 600 million convertible bonds maturing in 2028 (CB 2028), bondholders accepted an aggregate nominal value of CHF 567,200,000, corresponding to 94.53% of the total issued nominal value [2]. - The settlement involved the issuance of A1 Notes (CHF 120,037,805), A2 Notes (CHF 254,962,195), and B Notes (CHF 379,676,000), along with 8,040,000 Exchange Shares and 8,040,000 Exchange Warrants [3]. Group 2: Financial Restructuring - The completion of the repurchase offer is part of a broader restructuring plan agreed upon with a majority of bondholders, initially announced on February 26, 2025 [4]. - A total nominal value of CHF 761,779,000 in A1, A2, and B Notes has been issued by Idorsia Investments SARL as part of this restructuring [4]. - The company plans to establish an equity line for up to 20,000,000 shares, set to expire at the end of February 2026, to extend its cash runway into 2027 [5]. Group 3: Company Overview - Idorsia aims to challenge established medical paradigms by discovering, developing, and commercializing transformative medicines, positioning itself as a leading biopharmaceutical company [6]. - The company is headquartered near Basel, Switzerland, and has a strong focus on small-molecule drugs, with a promising in-house development pipeline [7]. - Idorsia is listed on the SIX Swiss Exchange under the ticker symbol IDIA [8].