Workflow
GXO and B&Q on Track to Meet Ambitious Zero Emissions Targets by 2040
Globenewswire· 2025-08-27 06:00
Core Insights - GXO Logistics and B&Q are collaborating to achieve net-zero carbon emissions in B&Q's logistics operations by 2040, with significant advancements in alternative fuel usage and AI technology [1][2][3] Group 1: Partnership and Goals - The partnership between GXO and B&Q began in 2015, managing B&Q's retail transport network and focusing on sustainability and innovation in logistics [2] - B&Q aims to decarbonize its logistics fleet, with a comprehensive roadmap called the B&Q Sustainability Glidepath launched in 2022, targeting a 40% reduction in emissions by 2024 [3] Group 2: Fleet Transformation - B&Q has deployed 105 Liquified Natural Gas (LNG) vehicles since 2019, now holding the second-largest LNG fleet in the UK, which has reduced carbon emissions by 16,000 tonnes [4] - All remaining vehicles and 80 refrigerated trailers were converted to Hydrotreated Vegetable Oil (HVO) by December 2024, achieving up to 90% reduction in CO₂ emissions compared to diesel [4] Group 3: Electrification and Operational Efficiency - The current electric vehicle (EV) fleet includes five electric vans and two electric HGVs, with plans to add 55 more EVs over the next five years, projected to save 250 tonnes of CO₂ equivalent annually [5] - Initiatives to reduce road miles include backhaul optimization, saving 104 tonnes of Scope 3 emissions in 2024, and a 9.5% reduction in fleet size since 2021 through improved scheduling [5] Group 4: AI and Future Innovations - B&Q is piloting GXO's AI-powered transport optimization platform, which is expected to save 240,000 kilometers and 150 tonnes of CO₂ annually, with full implementation planned for 2025 [7] - In Q1 2025, 35 new LNG-powered Volvo FH Aero tractor units were introduced, improving fuel efficiency by 3% and saving an estimated 100 tonnes of CO₂ annually [6]
Caledonia Mining Corporation Plc Notification of relevant change to significant shareholder
Globenewswire· 2025-08-27 06:00
Core Points - Caledonia Mining Corporation Plc has been informed that Allan Gray Bermuda Limited's clients now hold a total interest of 3.9649% of the total issued shares in the company [1][3]. Group 1 - The significant shareholder is Allan Gray Bermuda Limited, with a registered office in Cape Town, South Africa [2][3]. - The threshold of 3.9649% was crossed on August 25, 2025, and the issuer was notified on August 26, 2025 [3].
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]