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Volta Finance Limited Net Asset Value(s) as at 31 July 2025
Globenewswire· 2025-08-21 09:52
Core Viewpoint - Volta Finance Limited reported a net performance of +2.48% for July 2025, contributing to a total net performance of +13.9% for the financial year from August 2024 to July 2025, outperforming US High Yield and Euro High Yield indices which returned +8.6% and +8.1% respectively [4][5][6]. Performance and Portfolio Activity - The company achieved a net performance of +2.48% in July, including a dividend payment of 15.5 cents per share [4]. - The financial year net performance from August 2024 to July 2025 stands at +13.9% [4]. - The US High Yield market returned +8.6% and Euro High Yield returned +8.1% during the same period [4]. - Economic indicators showed a mixed but generally positive outlook, with robust labor market conditions and strong corporate earnings, particularly in the technology sector [5][6]. - Inflationary pressures are evident, with the core Personal Consumption Expenditures (PCE) index rising 2.8% year-over-year [6]. - Volta's cash flow generation remained stable at €28 million equivalent in interest and coupons over the last six months, representing close to 21% of July's NAV on an annualized basis [8]. Market Conditions - July saw strong market performance driven by positive trade negotiations and resilient economic indicators, although caution remained due to ongoing tariff negotiations with China [5]. - Loan and CLO issuance remained active despite low M&A volumes, with US loan market indices recording a performance increase of +0.88% and European market indices increasing by +0.55% [7]. - Volta received early redemptions from CLO debts (approximately €5 million) and CLO equities (approximately €2 million equivalent) [8]. Portfolio Composition - As of the end of July 2025, Volta's NAV was €274.2 million, equating to €7.49 per share, an increase of 36 cents from July 2024 [10]. - CLO Equity tranches returned +5.2% while CLO Debt tranches returned +0.6% during the month [9]. - Cash stood at 17% at the end of July, providing the company with liquidity to capitalize on attractive entry points in the market [8].
Duluth Holdings Inc. to Report Second Quarter 2025 Financial Results on September 4, 2025
Globenewswire· 2025-08-21 09:45
Company Overview - Duluth Trading Company is a lifestyle brand offering men's and women's casual wear, workwear, and accessories, based in Mount Horeb, Wisconsin [2] - The company focuses on high-quality, solution-based products for individuals who lead a hands-on lifestyle and value a job well done [2] Financial Results Announcement - Duluth Trading will report its second quarter 2025 financial results before the market opens on September 4, 2025 [1] - A conference call and audio webcast for analysts and investors will take place on the same day at 9:30 AM Eastern Time to discuss the results and address questions [1] Investor Relations - Investors can access the live conference call at 1-844-875-6915 (domestic) or 1-412-317-6711 (international) [2] - A replay of the conference call will be available until September 10, 2025 [2] - Investors are encouraged to pre-register for the call to expedite entry [3]
Kaldalón hf.: Bill Auction Announcement
Globenewswire· 2025-08-21 09:00
On Monday, 25 August, Kaldalón hf. will auction six-month bills in a new series, KALD 26 0302 bills. The auction is held in line with the company’s policy to be a regular issuer of bills and bonds. The auction will be conducted using the Dutch method, i.e. all accepted bids will be sold to investors at the highest accepted flat yield. The bills will be issued in nominal value units of ISK 20 million. The company reserves the right to accept all bids, reject all bids, or accept bids in part. The results of t ...
Precore Gold Announces up to C$2 Million Private Placement
Globenewswire· 2025-08-21 09:00
VANCOUVER, British Columbia, Aug. 21, 2025 (GLOBE NEWSWIRE) -- Precore Gold Corp. (CSE: PRCG) (the “Company” or “Precore Gold”) is pleased to announce that it has arranged, subject to receipt of regulatory approval, a non-brokered private placement (the “Private Placement”) to raise gross proceeds of up to $2,000,000. The Private Placement will consist of the sale of up to 11,111,111 units of the Company (the “Units”) at a price of $0.18 per Unit, with each Unit consisting of one common share of the Company ...
WeRide Unveils WePilot AiDrive, A One-Stage End-to-End ADAS Targeted for Mass Production in 2025
Globenewswire· 2025-08-21 09:00
Core Insights - WeRide has launched WePilot AiDrive, a one-stage end-to-end ADAS solution, in collaboration with Bosch, marking a significant advancement in autonomous driving technology [1][5] - The new system integrates sensing and decision-making into a single architecture, enhancing response times and operational efficiency [2][5] Product Features - WePilot AiDrive is designed to handle complex driving scenarios, including lane changes in heavy traffic, detours around construction, and interactions with pedestrians [4] - The system offers three main advantages: scalable computing power, adaptability across sensor setups, and rapid daily iteration using extensive driving data [4] Market Position - WeRide is recognized as a leader in the autonomous driving industry, being the first publicly traded Robotaxi company and having tested vehicles in over 30 cities across 10 countries [6] - The company has received autonomous driving permits in six markets, including China and the US, showcasing its regulatory compliance and market reach [6]
Advanz Pharma and Alvotech receive European approval for Mynzepli®, Biosimilar to Eylea®
Globenewswire· 2025-08-21 08:30
Mynzepli® (aflibercept) is approved in all European Economic Area member countries for the treatment of various retinal diseases including neovascular (wet) age-related macular degeneration (AMD)Approval is based on comprehensive analytical, non-clinical and clinical similarity data, including a confirmatory efficacy study comparing Mynzepli® with the reference biologic Eylea® in patients with neovascular AMD REYKJAVIK, ICELAND and LONDON, UK (August 21, 2025) — Alvotech (NASDAQ: ALVO), a global biotech com ...
Pingchao Town, Nantong: Building Industrial Clusters in Electronic Components and Intelligent Equipment
Globenewswire· 2025-08-21 07:47
Group 1: Key Companies - Yundom Precision is a global provider of integrated solutions in "R&D + manufacturing + services" for wind power equipment components and also manufactures precision structural parts for the wind power and semiconductor industries [1] - Nantong Haixing Electronics is a listed company and market leader in China's aluminum electrode foil sector, with its flagship product holding a leading global market share [2] Group 2: Industry Development - Pingchao Town is home to 104 enterprises above the designated scale and 2 listed companies, indicating a robust industrial presence [3] - The local government plans to establish a 30-square-kilometer Science and Technology Innovation Zone, focusing on three major industrial clusters: electronic components, intelligent equipment, and new energy [3]
Changzhou Scores! Provincial Sports League Catapults City to Global Renown
Globenewswire· 2025-08-21 07:34
Group 1: Football Achievements - Changzhou secured a 1:0 victory over Zhenjiang, ending a 98-day, 700+ minute goal drought [1] - The victory achieved the team's "small goals" of earning a point, scoring a goal, and winning a match [1] Group 2: New Energy Sector - Changzhou is a critical hub in the global new energy supply chain, with a complete industry loop of "generation-storage-transmission-usage-grid" [2] - In 2024, the city's new energy sector topped 850 billion yuan, indicating a strong foundation for a trillion-yuan industrial landmark [2] - One in ten EVs globally is powered by a "Made in Changzhou" battery [2] Group 3: Economic Impact - Changzhou's GDP surpassed 500 billion yuan in the first half of 2025, reflecting a year-on-year growth of 5.8% [3] - The city remains in the top tier of Jiangsu's trillion-yuan cities [3] Group 4: Cultural and Tourism Integration - The Changzhou Municipal Bureau of Culture, Radio, Television and Tourism is promoting a "football plus culture-tourism" model [2] - Initiatives such as free entry to attractions during holidays have attracted over 100,000 visitors from Yangzhou [2] - Post-victory perks, including free entry to Tianmu Lake for visitors with the surname Zhao, are converting match-day traffic into economic gains [2] Group 5: Urban Development and Transformation - Football symbolizes the city's spirit, showcasing courage, opportunity, and cultural integration [4] - Changzhou is experiencing breakthroughs in industrial transformation and urban development [4]
Columbus Interim Report Q2 2025
Globenewswire· 2025-08-21 07:07
Core Viewpoint - Columbus faced increased macro-economic headwinds in Q2 2025, resulting in a 4% decline in revenue and a decrease in EBITDA margin from 7% in Q2 2024 to 4% in Q2 2025, while maintaining positive cash flow from operating activities, which increased by 15% compared to Q2 2024 [1][7]. Q2 2025 Highlights - Revenue for Q2 2025 was DKK 410 million, down 4% from DKK 426.9 million in Q2 2024, with a 6% decline when adjusted for currency effects [4][7]. - EBITDA for Q2 2025 was DKK 16 million, compared to DKK 30 million in Q2 2024, resulting in an EBITDA margin of 4% [1][7]. - Total sales of services decreased by 4% to DKK 392.3 million, while total sales of products increased by 7% to DKK 17.6 million [4][8]. Year-to-Date (YTD) 2025 Highlights - For YTD 2025, total net revenue was DKK 843.8 million, a decline of 3% from DKK 871.1 million in YTD 2024 [4][7]. - EBITDA for YTD 2025 was DKK 63 million, slightly down from DKK 65 million in H1 2024, with an EBITDA margin of 7.4% [7]. Revenue Breakdown by Business Lines - Dynamics revenue decreased by 9% to DKK 233.7 million in Q2 2025, while M3 revenue increased by 2% to DKK 83.8 million [4][6]. - Digital Commerce revenue grew by 4% to DKK 46.9 million, and Data & AI revenue remained stable at DKK 22.1 million [4][6]. Regional Revenue Performance - Revenue from Denmark decreased by 12% to DKK 94.1 million, while revenue from the UK increased by 2% to DKK 79.3 million [8]. - The US market showed significant growth, with revenue increasing by 30% to DKK 26.4 million [8]. Outlook for 2025 - The company expects full-year revenue to be approximately DKK 1.7 billion, with an EBITDA margin projected to be in the range of 7-9% [9][13].
Trident Resources Commences 5,000 Metre Inaugural Drilling Program at Contact Lake Gold Project, La Ronge Gold Belt, Saskatchewan
Globenewswire· 2025-08-21 07:05
Core Viewpoint - Trident Resources Corp. has initiated its first diamond drilling program at the Contact Lake Gold Project, marking a significant milestone in exploring the potential of this underexplored gold project in the La Ronge Gold Belt of Saskatchewan [1][3][7]. Drilling Program Overview - The inaugural drill program will consist of 5,000 metres, focusing on high-priority zones and confirming historical mineralization data [4][8]. - This is the first drilling campaign at Contact Lake in nearly 30 years, aimed at validating historical results and expanding known gold zones [3][7]. Expansion Potential - The Contact Lake Gold Project has a history of gold exploration but remains largely underexplored using modern methods. The La Ronge Gold Belt is known for several past-producing mines, indicating strong potential for Contact Lake to evolve into a significant asset with district-scale growth opportunities [6][10]. Historical Drill Intercepts - Historical high-grade intercepts from the Contact Lake Mine include: - Hole TU89-125: 20.5m at 12.81 g/t Au - Hole TU89-127: 18.3m at 10.41 g/t Au - Hole TU90-146: 0.6m at 2,616.00 g/t Au - Hole TU92-316: 0.5m at 94.06 g/t Au - These results highlight the potential for significant gold mineralization at the site [8]. Next Steps - Drilling is expected to continue through fall 2025, with the first assay results anticipated later this year. The company will provide updates as results become available [8].