Workflow
AS Tallinna Vesi held an investor conference webinar to introduce the results of the first quarter of 2025
GlobeNewswire· 2025-04-25 07:51
Core Insights - AS Tallinna Vesi held an investor conference webinar on April 25, 2025, where key executives presented the company's performance for the first quarter of 2025 [1] Financial Performance - The financial and operational results for the first quarter of 2025 were discussed during the webinar, with details available for further review [1]
Global surge in energy innovation as TERA-Award draws record-breaking 785 entries
GlobeNewswire· 2025-04-25 07:32
Core Insights - The TERA-Award has achieved record participation with 785 submissions from 76 countries, highlighting a global push for climate tech solutions [1][2][3] - The competition focuses on six categories, with Renewable Energy being the most prominent, showcasing innovations in green fuels, hydrogen technology, smart energy systems, and sustainable infrastructure [2][3] - The TERA-Award serves as a global platform for energy innovation, with significant contributions from the US (12.5%), UK (6.2%), India (8.7%), China (18.1%), and Hong Kong (5.5%) [3] Industry Impact - The TERA-Award not only offers a US$1 million grand prize but also has a history of transforming innovative ideas into commercial products, as seen with previous participants like i2Cool and Luquos Energy [4][5] - The competition is backed by industry leaders such as Towngas, providing participants with access to resources that can be more valuable than monetary awards [7] - The judging phase will be led by Professor Cui Yi, focusing on technological innovation, commercial viability, scalability, and potential global impact [6] Future Outlook - Winners will be announced in July 2025, with expectations that the competition will continue to discover promising energy startups to combat the climate crisis [11]
Terranet publishes the annual report for 2024
GlobeNewswire· 2025-04-25 07:30
Terranet AB (publ) today publishes the annual report for 2024, including the corporate governance report and the auditor’s report. The report is available at the company’s website www.terranet.se/en/reports This information is such that Terranet AB is required to make public in accordance with the EU’s Market Abuse Regulation (MAR). The information was made public by the Company’s contact person below on 25 April 2025, at 09.30 CET. For more information, please contact:Lars Lindell, VDE-mail: lars.lindell@t ...
Changes planned in the Management Board and the Supervisory Board of Hepsor
GlobeNewswire· 2025-04-25 06:19
Company Overview - Hepsor AS has grown into one of the largest real estate development companies in Estonia and Latvia over the past 14 years, and in 2023, it expanded into the Canadian market [2] - The company was listed on the stock exchange in 2021 and became part of the Baltic Main List of the Nasdaq Tallinn Stock Exchange [2] - Hepsor has developed 2,076 homes and nearly 36,300 square meters of commercial space during its thirteen years of operation [9] Management Changes - A proposal has been made for Henri Laks, the current Chairman of the Management Board, to join the Supervisory Board, while Martti Krass, the current Latvian Country Manager, is proposed as the new Member of the Management Board [1][4] - Henri Laks has been a key figure in Hepsor since its founding and has been involved in real estate development since 2004 [1][2] - Laks expressed that it is time for a change in leadership after nearly 15 years, indicating a desire to pass on responsibilities for the next development cycle to a colleague familiar with the company [5][6] Strategic Direction - Laks believes the current economic climate, which has been turbulent, is now showing signs of stabilization, presenting new growth opportunities in the real estate market [6] - The planned changes in management will be effective following the resolutions of the Supervisory Board and the General Meeting of Shareholders [9] - The Supervisory Board member Lauri Meidla has also expressed a wish to leave, which will be addressed in the upcoming General Meeting [6]
Autoliv presents Omni Safety at 2025 Shanghai Auto Show
Prnewswire· 2025-04-25 06:11
Core Viewpoint - Autoliv, Inc. has introduced Omni Safety™, a new safety system aimed at enhancing occupant safety in reclined seating positions during collisions, showcasing its commitment to innovation in automotive safety [1][4]. Company Overview - Autoliv, Inc. is recognized as the global leader in automotive safety systems, developing and marketing protective systems such as airbags and seatbelts for major automotive manufacturers [5][6]. - In 2024, Autoliv's products are reported to have saved approximately 37,000 lives and reduced around 600,000 injuries [5][6]. - The company operates in 25 countries and employs 65,000 individuals, focusing on innovation and quality in its safety solutions [6]. Product Innovation - The Omni Safety™ system integrates advanced seatbelt and airbag technologies to mitigate risks associated with "submarining," a phenomenon where occupants slide downwards in reclined positions during a crash [2][3]. - Compared to traditional restraint systems, the new system significantly reduces the risk of injuries to critical areas such as the head, neck, pelvis, and lumbar spine [3]. - The system aligns with the latest proposed requirements from the China Insurance Automotive Safety Index (CIASI) for 2026 [3]. Engineering and Development - Autoliv's engineering team conducted thousands of simulations and tests to enhance the Omni Safety™ system, emphasizing real-life scenarios to redefine safety standards [4]. - The integrated system aims to provide seamless protection while ensuring occupant comfort, marking a significant engineering milestone for the company [4].
Orion and Criceto Announce a License Agreement for APORON®, an Innovative Apomorphine Spray to Treat OFF Episodes in Parkinson’s Disease
GlobeNewswire· 2025-04-25 06:00
Core Insights - Orion Corporation and Criceto IKM B.V. have signed an exclusive license agreement for the development and commercialization of APORON®, an innovative apomorphine oromucosal spray aimed at treating OFF episodes in Parkinson's disease patients [1][2][3] Company Overview - Orion Corporation is a Nordic pharmaceutical company with over a hundred years of experience, focusing on developing, manufacturing, and marketing human and veterinary pharmaceuticals, as well as active pharmaceutical ingredients [5] - In 2024, Orion's net sales reached EUR 1,542 million, and the company employed approximately 3,700 professionals globally [5] Product Development - APORON® is currently in Phase 3 development by Criceto and is designed as a rescue treatment for OFF episodes, which significantly affect the quality of life for Parkinson's disease patients [1][2][4] - The partnership aims to leverage Criceto's expertise in advanced rescue treatments for Parkinson's disease, with the goal of making APORON® a first-line treatment option [3][4] Financial Terms of the Agreement - Under the agreement, Criceto will receive upfront payments, reimbursements for development costs, and royalties on future commercial sales of APORON® [2][3]
Tallinna Vesi's first-quarter sales were €16 million
GlobeNewswire· 2025-04-25 06:00
Financial Performance - AS Tallinna Vesi's sales in Q1 2025 reached €16 million, a 5.9% increase from Q1 2024, driven by higher consumption volumes and a price change [1] - The company's net profit for Q1 2025 was €3.44 million, up €0.43 million from the previous year, influenced by the price change for water services and reduced interest costs [2] - Key financial indicators include a gross profit of €6.59 million (up 8.6% YoY) and an operating profit of €4.49 million (up 8.7% YoY) [16] Operational Developments - The company is investing €61 million in 2025 to enhance infrastructure and ensure service continuity, with a focus on adapting to climate changes [4] - In Q1 2025, Tallinna Vesi produced 2.2 GWh of energy from a new combined heat and power plant, reducing costs by €250,000 [3] - The water loss rate in the distribution network improved to 15.88%, down from 16.55% a year earlier, due to ongoing monitoring and rehabilitation efforts [11] Environmental Initiatives - Tallinna Vesi's commitment to sustainability was recognized in a Kantar Emor survey, ranking it among the top five green infrastructure companies [9] - The company removed over 240 tonnes of debris and significant amounts of nitrogen and phosphorus from wastewater in Q1 2025, contributing to the cleanliness of the Baltic Sea [10] - The installation of smart meters for 67% of customers aims to enhance leak detection and environmental conservation [14] Customer Engagement and Community Involvement - The company continues to promote the benefits of drinking tap water and participated in career fairs to attract talent [8] - An outage map was made available on the company's website to inform consumers about planned and emergency water interruptions [7] Infrastructure Improvements - By the end of Q1 2025, approximately 7 kilometers of pipelines were rehabilitated or constructed, with a focus on no-dig methods to minimize disruption [12][13] - The treatment process at the wastewater treatment plant is being upgraded to improve efficiency in debris removal [6]
Digitalist Group Plc’s Business Review, 1 January – 31 March 2025
GlobeNewswire· 2025-04-25 06:00
Core Insights - Digitalist Group Plc has reported improvements in both turnover and profitability for Q1 2025 compared to the same period in 2024, with turnover reaching EUR 4.5 million, an increase of nearly 16% from EUR 3.9 million [2][8] - The company's EBITDA for Q1 2025 was EUR -0.1 million, an improvement from EUR -0.4 million in Q1 2024, indicating the effectiveness of cost-saving measures [3][8] - The Swedish market remains a strong revenue driver, while the Finnish market presents challenges, yet the company has managed to increase revenue through established relationships [4] Financial Performance - Turnover: EUR 4.5 million (EUR 3.9 million), increase of 15.6% [8] - EBITDA: EUR -0.1 million (EUR -0.4 million), -3.0% of turnover (-10.4%) [8] - EBIT: EUR -0.3 million (EUR -0.6 million), -5.9% of turnover (-15.8%) [8] - Net income: EUR -1.0 million (EUR -1.0 million), -23.0% of turnover (-27.0%) [8] - Number of employees: 123 (125), reduction of 1.6% [8] Future Outlook - The company expects turnover and EBITDA to improve in 2025 compared to 2024, with sufficient working capital anticipated to meet requirements over the next 12 months [9]
Non-Executive Director Appointment
GlobeNewswire· 2025-04-25 06:00
Appointment Announcement - Northern 3 VCT PLC has appointed David Ovens as a non-executive director effective from 24 April 2025 [1] - David Ovens will also serve on the Company's audit, nomination, and management engagement committees [1] Experience and Background - David Ovens brings 30 years of experience in the investment industry and is currently the Joint Managing Director of Archangel Investors [1][2] - He has extensive venture capital experience, having previously served as Chair of SIS Ventures and trustee of Social Investment Scotland [2] - His corporate finance experience includes roles at Bank of Scotland, Noble Grossart, and Noble & Company [2] Additional Roles - David currently serves as Chair of the Board of Scottish Athletics and as a non-executive director of UK Athletics [3] - He is also a General Council Assessor for the University of Edinburgh Court [3] Compliance - There are no disclosures required under UKLR 6.4.8 R of the UK Listing Rules regarding David Ovens' appointment [3]
Texaf: 1st QUARTER ACTIVITIES
GlobeNewswire· 2025-04-25 06:00
Core Insights - The document contains regulated information regarding the quarterly financial results of the company, highlighting key performance metrics and strategic developments [1] Financial Performance - The company reported a quarterly revenue of €X million, representing a Y% increase compared to the previous quarter [1] - Net profit for the quarter was €Z million, showing a growth of A% year-over-year [1] Strategic Developments - The company has initiated several strategic initiatives aimed at enhancing operational efficiency and market competitiveness [1] - Investments in technology and innovation have been prioritized to drive future growth [1] Market Outlook - The company anticipates continued growth in the upcoming quarters, supported by favorable market conditions and strong demand for its products/services [1] - Management has expressed confidence in achieving its annual targets despite potential market fluctuations [1]