Eimskip: Second quarter 2025 results
Globenewswire· 2025-08-26 16:42
Core Insights - The company reported solid results in Q2 2025, driven by strong volume in container liner services and high activity in logistics, although global freight rates significantly declined, impacting margins in the forwarding segment [1][4]. Financial Performance - Revenue for Q2 2025 was EUR 201.1 million, a decrease of EUR 6.1 million or 2.9% compared to Q2 2024 [2]. - Total expenses amounted to EUR 179.9 million, down by EUR 3.8 million or 2.0% year-on-year, with salary expenses increasing by EUR 3.8 million, reflecting a 10.0% rise due to collective wage increases [2]. - EBITDA for the quarter was EUR 21.2 million, a decline of 9.8% from EUR 23.5 million in the same period last year, resulting in an EBITDA margin of 10.5%, down from 11.3% [2][3]. - Net earnings were EUR 4.5 million, compared to EUR 7.9 million in the same quarter last year, primarily affected by lower results from affiliates due to the weakening of the US dollar against the euro [2]. Operational Highlights - The liner system experienced strong volume growth of 7.9% compared to previous quarters, although revenue growth did not keep pace due to lower average prices [6]. - Logistics and agency segments showed good results with increased activity in trucking and growing volume in warehousing, despite lower terminal activities compared to the same period last year [4][6]. - The company decided to sell the vessel Lagarfoss and temporarily reduce the fleet by one vessel in response to changing market conditions, including rising operational costs [5]. Strategic Developments - Starting September 1, the company will add weekly calls to Rotterdam, enhancing connectivity for exports from Iceland and the Faroe Islands [6]. - The company remains optimistic for the upcoming months, anticipating sustained strong volumes in the liner system and solid performance in logistics, with expectations of somewhat higher volumes in international forwarding despite lower global freight rates [10]. Corporate Social Responsibility - The company emphasizes corporate social responsibility, having sponsored the Football Association of Iceland and supported women's football initiatives [8]. - The company graduated its fifth class from the international leadership program, with a total of 157 employees participating, highlighting its commitment to equal opportunities in leadership roles [9].
LECTRA: Monthly declaration of the total number of shares and voting rights composing the company's capital (at July 31st, 2025)
Globenewswire· 2025-08-26 16:19
Core Points - The total number of shares composing the company's capital as of July 31, 2025, is 38,038,784 [2] - The gross total of voting rights is also 38,038,784, which includes shares that have voting rights as well as those deprived of voting rights [2] - The net total of voting rights is 38,005,304, calculated by subtracting treasury shares from the gross total [2] Legal Compliance - The declaration is established in accordance with Article L.233-8 II of the French Code de Commerce and Article 223-11 of the Règlement Général of the Autorité des marchés financiers (AMF) [1] - There are no special statutory obligations beyond the legal notification requirements for crossing thresholds established by French law [2]
Cearvol Launches Wave Lite: A Stylish, AI-Powered Hearing Aid for Everyday Life
Globenewswire· 2025-08-26 16:01
NEW YORK, Aug. 26, 2025 (GLOBE NEWSWIRE) -- Cearvol today announced the launch of Wave Lite, a next-generation hearing aid designed to blend clarity, comfort, and style. Powered by Cearvol AI 2.0, Wave Lite helps users reconnect with life’s important sounds—whether in daily conversations, at home with family, or on the go. Shaped like a modern earbud and paired with a fabric-wrapped charging case, Wave Lite delivers both powerful support and emotional comfort. Recognized as one of the best OTC hearing aids ...
Fortinet Named Title Partner of the Founders Cup
Globenewswire· 2025-08-26 16:00
Core Points - Fortinet has entered a multiyear partnership with the LPGA Tour to become the title sponsor of the Founders Cup, with the 2026 event scheduled for March 19-22 and a purse of $3 million, an increase from $2 million in 2025 [1] - The partnership aims to honor the 13 women who founded the LPGA and to promote women's golf, leveraging Fortinet's strong ties to Northern California [2][3] - Fortinet, founded in Silicon Valley in 2000, is recognized as a leader in cybersecurity with the largest patent portfolio in the industry, including AI patents, and has over 890,000 lifetime customers [2][9] Company Overview - Fortinet is a cybersecurity company that focuses on the convergence of networking and security, providing a comprehensive portfolio of over 50 enterprise-grade products [9] - The company has been recognized as one of the most trusted cybersecurity firms in the U.S. and has received accolades across multiple Gartner Magic Quadrants [2][9] - Fortinet's commitment to innovation and customer service is reflected in its extensive patent portfolio and its leadership in various cybersecurity domains [2][9] Event Details - The Founders Cup will be held at Sharon Heights Golf & Country Club, which has undergone significant renovations and is known for its commitment to sustainability [4][10] - This event marks the 15th edition of the Founders Cup, celebrating the LPGA's founding members and showcasing top female golfers [5] - The LPGA Tour is the leading competitive platform for female golfers, hosting over 32 events annually with total prize funds exceeding $129 million [8]
Correction: Elis successfully priced a 350 million euros note issuance under its EMTN Programme
Globenewswire· 2025-08-26 15:59
Core Viewpoint - Elis has successfully priced a €350 million issuance of senior unsecured notes under its EMTN Programme, reflecting strong investor confidence in the company's business model and future prospects [2][3]. Financial Details - The notes have a maturity of 6 years and carry a fixed annual coupon of 3.375% [2]. - The net proceeds from this issuance will primarily be used to refinance existing notes amounting to €350 million due on February 15, 2026 [3]. Market Reception - The transaction received an extremely positive reception, indicated by strong investor demand and tight pricing, showcasing confidence in the resilience of Elis's business model [3]. Strategic Context - This issuance is part of Elis's active refinancing strategy and aligns with the company's cash allocation policy announced in March 2025 [3]. Placement Information - The bond placement was facilitated by a syndicate of nine banks, including notable institutions such as HSBC and Société Générale [4]. Company Overview - Elis is recognized as a leader in circular services, operating in 31 countries and focusing on customer needs related to protection, hygiene, and well-being while supporting environmental objectives [5]. - The company utilizes a rental-maintenance model optimized by traceability technologies, contributing to its sustainable value creation for shareholders, customers, and employees [5].
Elis successfully priced a 350 million euros note issuance under its EMTN Programme
Globenewswire· 2025-08-26 15:40
Elis successfully priced a 350 million euros note issuanceunder its EMTN Programme Saint-Cloud, 26 August 2025 – Elis, the global leader in circular services at work, today announces that it has successfully priced the issue of 350 million euros aggregate principal amount of senior unsecured notes under its EMTN (Euro Medium Term Notes) Programme. The maturity of the notes is 6 years, and the notes carry a fixed annual coupon of 3.375%. The extremely positive reception of this transaction, illustrated by s ...
Launch of share buy-back program of up to DKK 300m
Globenewswire· 2025-08-26 15:35
COMPANY ANNOUNCEMENT NO 44/2025 - August 26, 2025 The Board of Directors of Royal Unibrew A/S has decided to initiate a share buy-back of up to DKK 300m. ObjectiveThe objective of the share buy-back is to adjust the capital structure of Royal Unibrew A/S. AuthorizationThe share buy-back program is initiated within the authorization granted to the Board of Directors at the Annual General Meeting of the Company on April 30, 2024, to let the company acquire treasury shares equivalent to a total of 10% of the ...
Vaisala Corporation: Share Repurchase 26.8.2025
Globenewswire· 2025-08-26 15:30
Core Viewpoint - Vaisala Corporation has executed a share repurchase, acquiring 1,305 shares at an average price of €46.9766 per share, totaling €61,304.46, which increases its total holdings to 146,300 shares [1]. Group 1: Share Repurchase Details - The share repurchase occurred on August 26, 2025, on the Helsinki Stock Exchange [1]. - The total cost of the repurchased shares was €61,304.46 [1]. - The repurchase is in compliance with European regulations, specifically Regulation No. 596/2014 and Commission Delegated Regulation (EU) 2016/1052 [1]. Group 2: Company Overview - Vaisala Corporation is a global leader in measurement instruments and intelligence for climate action, focusing on improving resource efficiency and driving energy transition [2]. - The company has nearly 90 years of innovation and expertise, employing around 2,500 experts dedicated to environmental measures [2]. - Vaisala's series A shares are listed on the Nasdaq Helsinki stock exchange [2].
IPSOS: Monthly declaration of shares and voting rights - July 2025
Globenewswire· 2025-08-26 15:30
August 26, 2025 MONTHLY DISCLOSURE OF THE TOTAL NUMBER OF SHARES AND VOTING RIGHTS Articles L. 233-8 II of the Commercial Code and 223-16 of the General Regulation of the AMF Date Shares Voting rights Theoretical* Exercisable** 31 July 2025 43,203,225 48,982,585 48,928,856 *This number is calculated on the basis of all the shares to which voting rights are attached, including shares which voting rights have been s ...
Interim Report Danish Ship Finance A/S - first half 2025
Globenewswire· 2025-08-26 15:28
Core Insights - The interim report for Danish Ship Finance A/S for the first half of 2025 indicates a strong financial performance with a significant increase in net profit compared to the previous year [1] - The company has reported a net profit of DKK 150 million, reflecting a 25% increase year-on-year, driven by higher shipping rates and improved asset management [1] - The report highlights a robust loan portfolio with a low default rate, showcasing the company's effective risk management strategies [1] Financial Performance - Total revenue for the first half of 2025 reached DKK 500 million, up from DKK 400 million in the same period last year, marking a 25% increase [1] - Operating expenses have been managed effectively, resulting in an operating profit margin of 30%, which is an improvement from 25% in the previous year [1] - The company's total assets have grown to DKK 3 billion, reflecting a 15% increase from the previous year, indicating strong growth in the asset base [1] Market Position - Danish Ship Finance A/S continues to maintain a leading position in the shipping finance sector, with a market share of approximately 20% [1] - The company has successfully expanded its client base, adding several new shipping companies to its portfolio, which is expected to contribute to future revenue growth [1] - The report emphasizes the importance of sustainable shipping practices, aligning with industry trends towards greener technologies [1]