Annual Report 2024/25
Globenewswire· 2025-12-18 09:48
Core Insights - Roblon reported a profit from continuing operations for FY 2024/25, despite challenges from divesting its US subsidiary and winding up a product category [1][2][3] Financial Performance - Revenue from continuing operations was DKKm 236.9, down from DKKm 245.4, with an operating profit (EBIT) before special items of DKKm 31.6, resulting in an EBIT margin of 13.3% [2][6][7] - The Composite product group generated revenue of DKKm 192.7, while the FOC product group saw a decline to DKKm 44.2 due to difficult market conditions in EMEA [6][7] - Gross profit was DKKm 146.3, equating to a gross margin of 61.8%, and net cash inflow from operations was DKKm 31.4 [7][8] Special Items - The divestment of the US subsidiary resulted in a loss from discontinued operations after tax of DKKm 49.6, and a loss of DKKm 3.9 was recognized for winding up a product category targeting the European FOC market [2][3] Corporate Social Responsibility - Roblon's Annual Report includes a section on corporate social responsibility and separate climate accounts aligned with the Greenhouse Gas Protocol, covering key figures for Scopes 1, 2, and 3 [4] Future Guidance - Management expects FY 2025/26 performance to be impacted by a changed product mix, particularly a decrease in revenue from submarine energy cable supplies [10][11] - The company anticipates returning to a higher activity level in 2026/27, despite ongoing price competition and challenging market conditions in the FOC product group [11]
BioNTech Closes Acquisition of CureVac N.V. Including Subsequent Offering Period to Strengthen its Unique Position in the mRNA Field
Globenewswire· 2025-12-18 09:45
Core Viewpoint - BioNTech has successfully completed the acquisition of CureVac, enhancing its mRNA technology capabilities and supporting its oncology strategy [1][6]. Group 1: Acquisition Details - The acquisition of CureVac was finalized on December 18, 2025, with the subsequent offering period for CureVac shares expiring at 12:01 a.m. Eastern Time on the same day [1]. - A total of 195,341,219 CureVac shares, representing approximately 86.75% of the outstanding shares, were tendered in the exchange offer [3][6]. - BioNTech plans to complete the compulsory acquisition of the remaining CureVac shares in January 2026 as part of a post-offer reorganization [3][6]. Group 2: Strategic Implications - The acquisition aims to complement BioNTech's proprietary technologies in mRNA design, delivery formulations, and manufacturing, thereby strengthening its position in the global mRNA industry [1][6]. - BioNTech's oncology strategy focuses on mRNA-based cancer immunotherapy candidates and a bispecific antibody candidate, pumitamig (BNT327/BMS986545), developed in collaboration with Bristol Myers Squibb [1][6]. - The merger is seen as a synergy of two pioneering German mRNA firms, contributing to the country's innovation agenda [2]. Group 3: Management and Operations - Following the acquisition, the Management Board of CureVac SE will consist of BioNTech executives, while former CureVac board members have resigned [2]. - CureVac will continue its existing organizational processes to ensure business continuity, while BioNTech will conduct strategic and operational analyses for future organizational setup [2][6].
Sintana Energy Inc. Announces Publication of Admission Document
Globenewswire· 2025-12-18 09:30
Core Viewpoint - Sintana Energy Inc. is set to admit its common shares to trading on the AIM market of the London Stock Exchange, with trading expected to commence on December 23, 2025, following a transformational acquisition of Challenger Energy Group [1][3]. Company Overview - Sintana holds a diversified portfolio of interests in high-impact assets across multiple jurisdictions, including eight licenses in Namibia and Uruguay, and a pending interest in Angola, along with legacy assets in Colombia and The Bahamas [3][4][20]. - The portfolio is anchored by significant discoveries at Mopane in Namibia, providing exposure to various geological plays and geopolitical regimes [4][11]. Strategic Attributes - The company’s portfolio is characterized by diversification across different countries and geological plays, with a focus on high-value activities in exploration hotspots like Namibia and Uruguay [5][6]. - Established partnerships with reputable operators such as Chevron and Galp enhance the company's operational capabilities and reduce capital exposure through carried interests in several offshore licenses [6][7]. Financial Position - Sintana's market capitalization at the time of admission is expected to be approximately £107 million, with cash and liquid resources exceeding US$10 million, indicating a strong financial position to support growth and exploration activities [10]. Exploration and Development - The company is focused on near-term exploration activities, with significant seismic campaigns and well drilling planned over the next 24 months in its key jurisdictions [5][10]. - The portfolio includes highly prospective exploration prospects, particularly in the Mopane area, which has already yielded significant discoveries [11][13]. Recent Developments - The Uruguayan Ministry of Environment has issued permits for seismic acquisition, although the company is currently facing a legal challenge from local environmental groups regarding its licenses [13][14]. - Sintana plans to issue 2,512,943 common shares as severance payments to directors and officers, totaling CDN$1,417,030, as part of the acquisition process [15][16].
Planned change in the position of Chief Executive Officer
Globenewswire· 2025-12-18 09:19
Core Viewpoint - German High Street Properties A/S is undergoing a planned generational transition in leadership, with CEO Michael Hansen set to step down on December 31, 2025, and Martin Ernst appointed as the new CEO effective the same date [1]. Group 1: Leadership Transition - The Board of Directors has mutually agreed with Michael Hansen for his resignation as CEO [1]. - Martin Ernst will assume the role of CEO on December 31, 2025 [1]. Group 2: Martin Ernst's Background - Martin Ernst holds a Master of Science in Economics and Business Administration and an Executive MBA [2]. - He has extensive experience in the financial industry, particularly in investment and wealth management [2]. - Currently, he serves as Chief Investment Officer at Kartago Capital A/S and has held senior positions at Infront AS and Saxo Bank A/S [3]. Group 3: Independence Consideration - Martin Ernst is not considered independent due to his employment with Kartago Group, the majority shareholder of German High Street Properties A/S [4].
Temenos Named a Leader in Everest Group Peak Matrix® Assessments
Globenewswire· 2025-12-18 09:00
Core Insights - Temenos has been recognized as a leader in two key Everest Group assessments, highlighting its market impact and capabilities in delivering customer experience orchestration products for banks and wealth managers [1][2] Group 1: Recognition and Assessments - Temenos is positioned as a Leader in the Banking Customer Experience Orchestration Products (CXOP) PEAK Matrix® Assessment 2025 and as a Leader and Star Performer in the Asset and Wealth Management (AWM) CXOP PEAK Matrix® Assessment 2025 [1][2] - The assessments evaluated 23 providers in the Banking sector and 15 in the Asset and Wealth Management sector, reflecting Temenos' strong ability to deliver innovative solutions [2] Group 2: Technology and Solutions - Temenos Digital solutions enable financial institutions to orchestrate seamless, hyper-personalized customer journeys across various channels, leveraging real-time data and analytics [3] - The integration of customer experience orchestration capabilities allows banks to maintain agility and scalability through a cloud-native architecture [3] Group 3: Performance Metrics - Banks utilizing Temenos Digital have reported a 52% faster customer onboarding time and a 68% higher cross-sell rate, indicating measurable improvements in efficiency and growth [4] Group 4: Wealth Management Solutions - Temenos Digital Wealth provides financial institutions with advanced digital tools for personalized, end-to-end wealth management experiences, combining portfolio management, advisory services, and client engagement capabilities [5]
Safe Harbor Financial Poised to Gain from Cannabis Rescheduling and SAFER Banking Act
Globenewswire· 2025-12-18 09:00
Core Insights - The potential federal rescheduling of cannabis to Schedule III and the encouragement for the passage of the SAFER Banking Act are expected to positively impact Safe Harbor Financial's business and its clients [2][5] Company Overview - Safe Harbor Financial is a fintech leader providing financial services and credit facilities specifically to the regulated cannabis industry, having facilitated over $26 billion in cannabis-related transactions across 41 states and territories [3] - The company operates a proprietary Cannabis Banking Solutions™ Platform and partners with regulated financial institutions to support cannabis operators in managing their financial operations [3] Market Impact - Rescheduling cannabis to Schedule III could replace the 280E taxes currently paid by cannabis-related businesses (CRBs) with a normal tax regime, potentially improving clients' cash flows [5] - The SAFER Banking Act could encourage over 4,700 state-chartered banks and credit unions to reconsider banking CRBs, thereby expanding Safe Harbor's total addressable market [5] - Enhanced compliance services provided by Safe Harbor are essential for CRBs, even if the SAFER Banking Act is passed, as these businesses require specialized expertise and infrastructure [5]
Share Buyback Transaction Details December 11 – December 17, 2025
Globenewswire· 2025-12-18 09:00
Core Viewpoint - Wolters Kluwer has repurchased 238,453 ordinary shares for €21.4 million at an average price of €89.85 during the period from December 11 to December 17, 2025, as part of its ongoing share buyback program [1][2]. Share Buyback Program - The share buyback program was announced on November 5, 2025, with a total repurchase target of up to €200 million from November 6, 2025, to February 23, 2026 [2]. - As of the current date in 2025, a cumulative total of 8,299,353 shares have been repurchased for a total consideration of €1,076.3 million, with an average share price of €129.69 [2]. Treasury Shares - Shares repurchased will be held as treasury shares and are intended for capital reduction through share cancellation [3]. Company Overview - Wolters Kluwer is a global leader in professional information solutions, software, and services, serving customers in various sectors including healthcare, tax, accounting, and legal [4]. - The company reported annual revenues of €5.9 billion for 2024 and operates in over 40 countries with approximately 21,900 employees [5].
FlareFlow Perfects the 'Micro-Binge': How One App Is Redefining Mobile Entertainment
Globenewswire· 2025-12-18 08:51
Core Insights - FlareFlow, a vertical short drama app from COL Group International, is revolutionizing mobile entertainment by delivering cinematic stories in under 90 seconds, designed to engage users during brief moments of downtime [2][7] - The app's unique format features cliffhangers that encourage immediate swiping to the next episode, creating a binge-watching experience tailored for users with limited time [3][8] - FlareFlow is establishing vertical drama as a legitimate entertainment category, expanding its global reach and fostering active fan communities through social media engagement [9] Content Format and Production - FlareFlow's content is professionally produced specifically for vertical screens, utilizing creative filming techniques that enhance the viewing experience [4][5] - The app's format allows for immediate and personal storytelling, transforming the phone into a direct window into characters' lives [5] Market Expansion and Community Engagement - Under CEO James Wang's leadership, FlareFlow is strategically expanding into global markets, adapting its format to resonate with both Asian and Western audiences [7] - The app has successfully created vibrant fan communities, with real-time comment sections and a strong social media presence that encourages viewer participation [7] Viewing Behavior and Trends - The average viewing session on FlareFlow lasts between 15 to 25 minutes, catering to users who prefer quick, engaging content rather than traditional binge-watching [8] - Fandoms are forming around shows that are collectively less than two hours long, indicating a shift in how audiences connect with characters and stories [8]
Prosafe SE: Operational update – November 2025
Globenewswire· 2025-12-18 08:26
Core Insights - Prosafe's fleet achieved 100% utilization in November 2025, with vessels in Brazil maintaining near 100% commercial uptime [1] - The company has secured contracts and Letters of Intent (LoIs) that provide visibility into future revenues and operational efficiency [2][4] Fleet Performance - Safe Eurus, Safe Notos, and Safe Zephyrus operated at full capacity in Brazil, with the Special Periodic Survey (SPS) for Safe Zephyrus postponed to 2026 [1] - Safe Caledonia maintained 100% commercial uptime at the Captain Field in the UK, with a contract extended to early February 2026 and a potential new contract valued between USD 30 million to USD 44 million expected in Q1 2026 [2] Future Contracts and Opportunities - Safe Boreas has commenced operations in Australia, with a 15-month firm period starting upon gangway connection expected in Q1 2026 [3] - The CEO of Prosafe highlighted the company's focus on capturing strong market opportunities, extending backlog at higher day rates, and achieving operational efficiencies for future revenue and EBITDA growth [4]
JETOUR Announces Successful Pan-American Highway Expedition with the JETOUR T1
Globenewswire· 2025-12-18 08:18
Core Insights - JETOUR has successfully completed the JETOUR T1's cross-continental journey along the Pan-American Highway, covering over 25,000 kilometers across nine countries, establishing the T1 as a benchmark for adventure-ready SUVs [1] Performance and Capability - The JETOUR T1 features the XWD intelligent system, which is crucial for navigating complex terrains, and is equipped with the sixth-generation BorgWarner torque management system that offers X+7 off-road modes [3] - The X Mode of the T1 adapts to off-road conditions by automatically sensing road conditions and switching to the optimal driving state, enhancing its capability on various terrains [4] - The vehicle boasts impressive off-road specifications, including a 28° approach angle, a 28° departure angle, a minimum ground clearance of 190mm, and a wading depth of 600mm, showcasing its outstanding off-road performance [5] Comfort and Connectivity - The JETOUR T1 is designed as a "home on wheels," providing a spacious cabin with a length of 4705 mm and a wheelbase of 2800 mm, ensuring passenger comfort during long journeys [7] - The vehicle is powered by the Qualcomm 8155 chip, enabling a responsive touchscreen that offers a wide range of functions and entertainment options for passengers [7] - A 10.25-inch digital instrument panel enhances driving safety by clearly displaying key information, integrating comfort, intelligence, and safety throughout the cabin [8] Overall Experience - The journey along the Pan-American Highway serves as an intensive validation for the JETOUR T1, demonstrating its ability to blend everyday comfort with the spirit of adventure, transforming it into a trusted companion for exploration [9]