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SATO’s portfolio increased with nearly 1,000 rental apartments
Globenewswire· 2025-07-04 06:00
Core Insights - SATO Corporation has expanded its housing stock by nearly 1,000 rental apartments through an agreement with the OP-Rental Yield Fund, which includes 16 residential properties in key Finnish cities [1][3] - The company now owns approximately 27,000 rental apartments, providing homes for around 46,000 residents in Finland's major growth centers [4][5] Company Strategy - The deal aligns with SATO's strategy of profitable growth and strengthens its position in the rental housing market in major growth centers [3] - SATO focuses on providing excellent customer experience and a comprehensive range of urban rental housing options with good access to public transport and essential services [6] Property Details - The newly acquired homes are primarily located in apartment buildings, with only a few in terraced houses, and are situated in locations that fit SATO's strategic goals [3] - The rental agreements for the new residents will remain unchanged, ensuring continuity for those moving into the new properties [1] Company Background - SATO Corporation is one of Finland's largest rental housing providers, celebrating its 85th anniversary in 2025 [6] - The company promotes sustainable development and engages in open interaction with stakeholders, focusing on long-term investments and asset value enhancement [6]
IDEX Biometrics ASA – EX. SHARE CONSOLIDATION (REVERSE SPLIT) TODAY - 4 July 2025
Globenewswire· 2025-07-04 06:00
Core Viewpoint - IDEX Biometrics ASA is undergoing a share consolidation (reverse split) with an effective date of July 4, 2025 [1] Company Information - The previous ISIN for IDEX Biometrics ASA was NO0013107490, and the new ISIN will be NO0013536078 following the corporate action [1] - The notice regarding the share consolidation was published by Erling Svela, Vice President of Finance, on July 4, 2025, at 08:00 CET [1] - The information is disclosed in accordance with the Continuing Obligations at Oslo Børs Euronext and complies with section 5-12 of the Norwegian Securities Trading Act [1]
NBPE - 2H 2025 Dividend Declaration
Globenewswire· 2025-07-04 06:00
Core Viewpoint - NB Private Equity Partners (NBPE) announces a dividend of $0.47 per share for the second half of 2025, marking the 26th consecutive dividend payment since 2013, with over $400 million returned to shareholders through dividends [1][6]. Dividend Information - The dividend will be paid in US Dollars, with shareholders having the option to receive it in Sterling at the prevailing conversion rate unless they elect otherwise [3]. - Key dates include the ex-dividend date on July 17, 2025, the dividend record date on July 18, 2025, and the payment date on August 29, 2025 [4]. - The annualized dividend yield is projected at 3.5% based on the net asset value (NAV) as of May 31, 2025, and 4.8% based on the closing share price of £14.36 on July 3, 2025 [6]. Company Overview - NBPE is a private equity investment company managed by Neuberger Berman, focusing on direct private equity investments alongside leading firms globally [5]. - The investment manager, NB Alternatives Advisers LLC, operates with a fee-efficient model, avoiding management fees and carried interest payable to third-party general partners [5]. - Neuberger Berman, founded in 1939, manages $515 billion across various asset classes and has been recognized as a top workplace in money management for over a decade [7].
Eurocastle Releases First Quarter 2025 Interim Management Statement, Release of Liquidation Reserves and Notice of Annual General Meeting
Globenewswire· 2025-07-04 06:00
Core Insights - Eurocastle Investment Limited has released its interim management statement for Q1 2025, highlighting a sustainable growth platform with over €61 million in investor commitments for its New Investment Strategy [2][9] - The Board has released €4.6 million of liquidation reserves, resulting in a net increase to the Company's Adjusted NAV of €4.0 million, or €4.01 per share after incentive fees [2][4] Financial Performance - As of 31 March 2025, the Company's Adjusted NAV stands at €11.44 million, or €11.43 per share, compared to €11.34 per share in Q4 2024 [4][16] - Total income for Q1 2025 was €194,000, an increase from €141,000 in Q1 2024, driven by unrealized fair value movements in the New Investment Strategy [14] - The Company reported a loss of €42,000 for the period, improving from a loss of €106,000 in the same quarter of the previous year [14] Investment Strategy - Eurocastle's New Investment Strategy, launched in 2024, focuses on acquiring small to mid-size real estate assets in Southern Europe, with a target fund size of €100 million [7][19] - The European Properties Investment Fund (EPIF) has invested approximately €7 million, with Eurocastle's share valued at €5.9 million as of 31 March 2025 [8][9] - EPIF completed its second investment in June 2025, acquiring a 70% interest in a vacant office property in Athens for approximately €1 million [10] Reserves and Liabilities - As of 31 March 2025, the Company holds total additional reserves of €10.6 million, with €6.0 million related to a legacy German tax matter [13][12] - The Company has fully reserved a potential liability of €6.0 million related to ongoing tax audits, reflecting a cautious approach to future costs [11][12] Upcoming Events - The Annual General Meeting is scheduled for 5 August 2025, where shareholders will receive notices and proxy statements by 14 July 2025 [17]
Orion publishes Half-Year Financial Report for January–June 2025 and holds a webcast on 18 July 2025
Globenewswire· 2025-07-04 06:00
Group 1 - Orion will publish its Half-Year Financial Report for January–June 2025 on 18 July 2025 at approximately 12.00 noon EEST [1] - A webcast and conference call for analysts, investors, and media representatives will take place on the same day at 13.30 EEST [2] - The silent period preceding the publication is ongoing and will continue until the disclosure [4] Group 2 - Orion is a Nordic pharmaceutical company with over a hundred years of experience, focusing on human and veterinary pharmaceuticals [5] - In 2024, Orion's net sales amounted to EUR 1,542 million, and the company employed about 3,700 professionals worldwide [5] - Orion's core therapy areas in pharmaceutical R&D include oncology and pain management [5]
Alstom to supply M-9A railcars to the New York Metropolitan Transportation Authority for €2.0 billion
Globenewswire· 2025-07-04 05:30
Group 1 - Alstom has received a €2.0 billion ($2.3 billion) order from the New York Metropolitan Transportation Authority for the supply of M-9A vehicles for Long Island Rail Road and Metro-North Railroad [1] - The order will be booked in Q2 FY 2025/26, with more details to be published in the coming days [1] - Alstom generated sales of €18.5 billion for the fiscal year ending on 31 March 2025, indicating strong financial performance [2] Group 2 - Alstom operates in 63 countries and employs over 86,000 people from 184 nationalities, showcasing its global presence and diverse talent base [2] - The company focuses on developing innovative and sustainable transportation solutions, contributing to a low carbon future [2]
Air France-KLM initiates proceedings to take a majority stake in SAS
Globenewswire· 2025-07-04 05:00
Core Viewpoint - Air France-KLM is initiating proceedings to acquire a majority stake in SAS, increasing its current stake from 19.9% to 60.5% through the acquisition of shares held by Castlelake and Lind Invest, while the Danish State will retain a 26.4% stake [2][3][10]. Group 1: Acquisition Details - The acquisition will allow Air France-KLM to control SAS, making it a subsidiary and enabling full integration across various business areas, including loyalty programs [5]. - The transaction's value will be determined at closing based on SAS's latest financial performance, including EBITDA and Net Debt [3]. - The ambition is to close the transaction in the second half of 2026, subject to regulatory clearances and satisfaction of all conditions [4][10]. Group 2: Strategic Rationale - Air France-KLM's interest in this acquisition is driven by SAS's significant improvement in financial and operational performance, as well as the success of their current commercial cooperation [6]. - The acquisition reflects the successful turnaround of SAS and aims to unlock synergy potential, confirming Air France-KLM's expansion in the Scandinavian market [10]. Group 3: SAS Overview - As of June 2025, SAS operates 138 aircraft, serves over 130 destinations, and carried more than 25 million passengers in 2024 [11]. - SAS generated revenue of €4.1 billion in the full year 2024 and has over 8 million Eurobonus members [11]. - The current shareholding structure of SAS includes Castlelake (32.0%), Danish State (26.4%), Air France-KLM (19.9%), Lind Invest (8.6%), and others (13.1%) [11].
Lerøy Seafood Group ASA: Trading update Q2 2025
Globenewswire· 2025-07-04 04:30
Harvest Volumes of Salmon and Trout - Total harvest volume of salmon and trout for Q2 2025 was 48,900 GWT, an increase from 36,700 GWT in Q2 2024, indicating a growth of approximately 33.3% [1] - Harvest volumes by region/company for Q2 2025 include: - Lerøy Aurora: 11.1 GWT (up from 5.1 GWT in Q2 2024) - Lerøy Midt: 16.9 GWT (up from 15.7 GWT in Q2 2024) - Lerøy Sjøtroll: 20.9 GWT, of which 9.8 GWT was trout (up from 15.9 GWT, of which 5.3 GWT was trout in Q2 2024) [1] Catch Volumes of Wildfish - Total wild catch volumes in Lerøy Havfisk for Q2 2025 were 17.7 thousand tonnes, slightly down from 17.8 thousand tonnes in Q2 2024, with cod catch decreasing from 1.5 thousand tonnes to 1.2 thousand tonnes [1]
Grupo Aeroportuario del Pacifico Reports a Passenger Traffic Increase in June 2025 of 0.6% Compared to 2024
Globenewswire· 2025-07-04 02:11
Core Insights - Grupo Aeroportuario del Pacífico (GAP) reported a 0.7% increase in total terminal passenger traffic across its 12 Mexican airports in June 2025 compared to June 2024 [2][3] - The total number of terminal passengers for the first half of 2025 increased by 7.6% compared to the same period in 2024 [3] Passenger Traffic Summary - Los Cabos airport saw a 1.7% increase in passenger traffic, while Tijuana, Guadalajara, and Puerto Vallarta experienced decreases of 2.3%, 1.1%, and 0.1% respectively [2] - Montego Bay airport reported a 1.9% decrease in passenger traffic compared to June 2024 [2] Detailed Passenger Statistics - Guadalajara: - June 2024: 1,009.3 thousand passengers - June 2025: 1,000.1 thousand passengers - Change: (0.9%) [3] - Tijuana: - June 2024: 686.3 thousand passengers - June 2025: 660.1 thousand passengers - Change: (3.8%) [3] - Los Cabos: - June 2024: 238.5 thousand passengers - June 2025: 240.1 thousand passengers - Change: 0.7% [3] - Puerto Vallarta: - June 2024: 259.6 thousand passengers - June 2025: 273.8 thousand passengers - Change: 5.5% [3] - Total terminal passengers for June 2025: 2,917.8 thousand, compared to 2,868.7 thousand in June 2024 [3] Domestic and International Passenger Trends - Domestic passengers decreased by 0.8% in June 2025 compared to June 2024, totaling 2,262.1 thousand [5] - International passengers decreased by 1.5% in Guadalajara, while Tijuana saw a slight increase of 0.6% [5] Load Factors and Capacity - The number of available seats increased by 2.1% in June 2025 compared to June 2024 [11] - Load factors decreased from 83.4% in June 2024 to 82.2% in June 2025 [11] Company Overview - Grupo Aeroportuario del Pacífico operates 12 airports in Mexico's Pacific region, including major cities and tourist destinations [9] - The company is listed on both the New York Stock Exchange and the Mexican Stock Exchange [9]
Hongyingzi sorghum, Cabernet Sauvignon of China's Guizhou
Globenewswire· 2025-07-03 23:47
Core Insights - The Hongyingzi sorghum is essential for producing high-quality sauce-flavored wine in Guizhou Province, China, particularly in Maotai Town [1][5] - The cultivation of Hongyingzi sorghum has significantly contributed to the local economy, with nearly 3 million mu (about 200,100 hectares) planted and an average annual income increase of over 15,000 yuan (about 2,088 U.S. dollars) per household involved in sorghum farming [4][6] Industry Development - The wine-making industry in Guizhou has seen growth, with thousands of wineries preparing for the new year's production, leveraging the unique qualities of the local sorghum [5] - Local agricultural departments are promoting the use of suitable agricultural machinery and providing mechanized services to enhance production efficiency for sorghum growers [8] Economic Impact - The Hongyingzi sorghum industry has become a vital source of income for local communities, with companies and cooperatives collaborating to support farmers through free agricultural inputs and unified management practices [6][7] - The implementation of order-oriented planting and policy-based insurance for sorghum has allowed local farmers to benefit directly from the industrial development [7]