Investeringsforeningen Sparinvest - ophævelse suspension
Globenewswire· 2025-08-18 10:47
Group 1 - The suspension of trading in certain departments has been lifted, allowing transactions to resume [1] Group 2 - A list of funds with their respective ISIN and order book codes is provided, indicating the available investment options [2]
Joia M. Johnson named to Brown & Brown, Inc. board of directors
Globenewswire· 2025-08-18 10:45
Core Insights - Brown & Brown, Inc. has appointed Joia M. Johnson to its board of directors, bringing extensive experience from her previous roles at Hanesbrands Inc. and RARE Hospitality International, Inc. [1][2] Company Overview - Brown & Brown, Inc. is a leading insurance brokerage firm established in 1939, with over 700 locations and a workforce of more than 23,000 professionals [4]. Leadership and Governance - H. Palmer Proctor, Jr., lead independent director, highlighted Johnson's ability to navigate complexity and her experience on various publicly traded boards [2]. - J. Powell Brown, CEO, emphasized that Johnson's unique experience will significantly impact the board and support the company's growth strategy [2]. Joia M. Johnson's Background - Johnson served as Hanes' chief administrative officer from 2016 to 2021 and held multiple leadership roles from 2007 to 2021 [2]. - Prior to her tenure at Hanes, she was executive vice president and general counsel at RARE Hospitality International, Inc. from 2001 to 2007 [2]. Board Memberships - Johnson currently serves on the boards of Global Payments Inc., Sylvamo Corporation, and Regions Financial Corp., holding various committee memberships [3].
Kaldalón hf.: Publication of First Half 2025 Results on August 21, 2025
Globenewswire· 2025-08-18 10:30
Kaldalón hf. will publish its financial results for the first half of 2025 after market close on Thursday, August 21, 2025. An open presentation meeting regarding the results will be held on Friday, August 22, 2025, at 8:30 a.m. at Grand Hotel, Sigtún 28. Doors open at 8:15 a.m. At the meeting, the Company’s management will present the financial results, provide an update on operations during the year, and discuss the Company’s outlook. The presentation material will simultaneously be made available on Kald ...
Rubicon Organics Reports Q2 2025 Financial and Operating Results
Globenewswire· 2025-08-18 10:30
Core Insights - Rubicon Organics Inc. reported record-breaking financial results for Q2 2025, achieving net revenue of $15.0 million, a 24% increase year-over-year, and a year-to-date (YTD) net revenue of $27.4 million, reflecting a 30% increase compared to the same period last year [3][8][9] Financial Performance - The company generated Adjusted EBITDA of $1.4 million for Q2 2025 and $2.1 million for the first half of 2025, marking positive Adjusted EBITDA for five consecutive quarters [3][9] - Operating profit reached $1.0 million for Q2 2025, with a net profit of $0.8 million, compared to a net loss of $0.5 million in the same quarter of the previous year [3][21] - Gross profit before fair value adjustments was $5.1 million for Q2 2025, with a gross profit margin of 34.2%, up from 30.2% in Q2 2024 [21] Production and Capacity Expansion - The acquisition of the Hope Facility was completed, increasing total production capacity by over 40%, bringing the total annual capacity to 15,500 kg of premium cannabis [8][12] - The Delta Facility is fully operational with an annual production capacity of 11,000 kg, and the company is focused on improving yield and quality [11][12] Market Position and Brand Strategy - Rubicon Organics holds a national market share of 5.2% in premium flower and pre-rolls, 15.1% in resin vapes, and 26.2% in premium edibles [9] - The company emphasizes its commitment to quality and innovation, with a focus on expanding its genetic portfolio and launching new products under its trusted brands [6][18] Future Outlook - The company anticipates continued growth in net revenue and Adjusted EBITDA for 2025, despite expected one-time costs associated with the Hope Facility [20] - Rubicon Organics aims to meet increasing domestic and international demand for premium cannabis while maintaining its focus on brand loyalty and consumer trust [10][14]
Volatus Aerospace: Delivering Today, Building for Tomorrow – Positioned as Canada’s Leader in Sovereign Aerial Solutions
Globenewswire· 2025-08-18 10:30
TORONTO, Aug. 18, 2025 (GLOBE NEWSWIRE) -- Volatus Aerospace Inc. (TSXV: FLT, OTCQX: TAKOF, Frankfurt: ABB) today provided a corporate update, highlighting its strong financial position, expanding roster of international contracts, and alignment with Canada’s defense and industrial priorities. With disciplined execution and growing global demand for advanced aerial solutions, Volatus is demonstrating momentum today while building the foundation for long-term leadership. Canada’s reinforced focus on NATO rea ...
Tomingley Exploration Intersects Significant Gold at El Paso
Globenewswire· 2025-08-18 10:21
Core Insights - Alkane Resources Limited has reported significant exploration results from its Tomingley Gold Operations in Central New South Wales, indicating potential for increased resource inventory and mine life [1][5][9]. Exploration Results - Drilling results include: - EPD016: 8.2 metres grading 3.74 g/t Au, with 1 metre grading 25.0 g/t Au [2][16]. - EPD017: 32.1 metres grading 1.65 g/t Au, with notable intervals of 4 metres grading 3.21 g/t Au and 14 metres grading 1.71 g/t Au [2][17]. - TORC007: 14 metres grading 0.58 g/t Au, including 5 metres grading 1.11 g/t Au [3][23]. - EPAC201: 12 metres grading 0.35 g/t Au, with 3 metres grading 0.93 g/t Au [4][31]. Project Overview - The Tomingley Gold Project (TGP) spans approximately 440 km² and includes both open pit and underground operations with a processing capacity of 1 Mtpa [9][10]. - The project has seen extensive exploration leading to the definition of mineral resources at the Roswell and San Antonio deposits, separate from the established resources at TGO [10][11]. Future Plans - A further 2,000 metres of diamond core drilling is planned to define exploration targets at the El Paso prospect [6][18]. - The upcoming exploration program includes high-resolution drone magnetic surveys and additional drilling across various prospects, totaling 6,000 metres [33][34]. Historical Context - The Tomingley Gold Operations have a history of significant gold production, with the historic workings indicating potential for high-grade ore shoots [28][29]. Mineral Resource Estimates - The total mineral resources at TGP include significant measured, indicated, and inferred resources, with ongoing updates expected in September 2025 [40][41].
GigaCloud Technology Inc Announces New $111 Million Share Repurchase Program
Globenewswire· 2025-08-18 10:05
Core Points - GigaCloud Technology Inc has authorized a new share repurchase program to buy back up to $111 million of its Class A ordinary shares over the next three years, effective August 17, 2025, while terminating the previous program [1] - The company's share price has appreciated by 163% since its IPO in 2022, reflecting strong execution and market recognition of its strategy [2] - GigaCloud has returned nearly $71 million to shareholders through buybacks since going public, viewing share repurchases as a strategic tool to reduce stock price volatility [2] - The company maintains a strong balance sheet with zero debt and consistent positive operating cash flows, allowing for capital returns while supporting long-term growth initiatives [2] - The share repurchase program will be executed through various means, including open market transactions and block trades, with the timing and number of shares repurchased depending on market conditions and other factors [2] Company Overview - GigaCloud Technology Inc is a pioneer in global end-to-end B2B technology solutions for large parcel merchandise, offering a comprehensive ecommerce platform known as the "GigaCloud Marketplace" [3] - The GigaCloud Marketplace connects manufacturers, primarily in Asia, with resellers in the U.S., Asia, and Europe, facilitating cross-border transactions efficiently [3] - The company initially focused on the global furniture market and has since expanded into categories such as home appliances and fitness equipment [3]
Heineken N.V. reports the progress of transactions under its current share buyback programme
Globenewswire· 2025-08-18 10:00
Core Insights - Heineken N.V. is progressing with its €1.5 billion share buyback program, having reported on the first €750 million tranche [1][4] Group 1: Share Buyback Program Details - From August 11 to August 15, 2025, Heineken repurchased a total of 179,455 shares at an average price of €68.17 [2] - During the same period, an additional 179,385 shares were repurchased from Heineken Holding N.V. [2] - As of August 15, 2025, a cumulative total of 3,945,537 shares have been repurchased under the program, amounting to €297,280,524 [2] Group 2: Communication and Reporting - Heineken publishes a weekly overview of the share buyback program on its website every Monday [3] - The company adheres to regulatory obligations as outlined in EU regulations regarding buyback programs [4] Group 3: Company Overview - Heineken is recognized as the world's most international brewer, with a diverse portfolio of over 340 beer and cider brands [5] - The company operates in more than 70 countries, emphasizing sustainability and innovation in its business practices [5]
Kering: Monthly statement on the total number of shares and voting rights (August 2025)
Globenewswire· 2025-08-18 09:45
Core Points - Kering has released a monthly statement regarding the total number of shares and voting rights as of August 15, 2025 [3] - The total number of shares is reported to be 123,420,778, with a total number of theoretical voting rights at 176,690,426 and exercisable voting rights at 175,866,991 [3][4] Summary by Category - **Company Information** - Kering is a société anonyme with a share capital of €493,683,112, headquartered at 40, rue de Sèvres, 75007 Paris [2] - **Shares and Voting Rights** - As of August 15, 2025, Kering has a total of 123,420,778 shares [3] - The total number of theoretical voting rights is 176,690,426, while the number of exercisable voting rights is 175,866,991 [3][4] - The calculation includes all shares with voting rights, excluding treasury shares stripped of voting rights [3][4]
Sisecam’s Consolidated Net Sales Reached 101 Billion TL in the First Half of the Year
Globenewswire· 2025-08-18 09:38
Core Insights - Sisecam reported consolidated net sales of 101 billion TL for the first half of 2025, with international sales accounting for 62% of total sales [2][3] - The company made total investments of 14.6 billion TL and achieved exports of 483 million USD during the same period [2][3] Financial Performance - Consolidated net sales reached 101 billion TL in H1 2025 [2][3] - International sales, including exports and sales from foreign production facilities, constituted 62% of total sales [2][3] - Total investments amounted to 14.6 billion TL [2][3] - Exports were recorded at 483 million USD [2][3] - Production figures included 2.8 million tons of glass, 2.2 million tons of soda ash, and 1.9 million tons of industrial raw materials [2] Strategic Focus - The CEO highlighted the impact of global macroeconomic and geopolitical factors on the business environment, emphasizing the need for sustainable growth and profitability [3] - Sisecam launched an "Efficiency Management Program" to enhance operational efficiency and maintain a strong balance sheet [4] - The company is realigning business plans and organizational structures to improve agility and responsiveness to market changes [4] Operational Developments - Sisecam is restructuring its architectural glass capacity in Europe and optimizing production through cold repairs and maintenance investments [4] - A new flat glass facility in Tarsus is set to begin production in Q1 2026, with frosted glass and energy glass processing lines starting slightly ahead of schedule in Q4 2025 [4] - The company is consolidating its automotive glass production facilities in Slovakia to improve efficiency and streamline operations [6] Growth Initiatives - Soda ash production remains a key focus, with ongoing investments in the U.S. market, including a planned annual capacity of 5 million tons for the Pacific Soda project [7] - The Wyoming facility, operational since 2019, has an annual capacity of 2.5 million tons and is noted for its low carbon footprint [7]