DayOne announces flagship hyperscale data center project in Lahti, Finland
Globenewswire· 2025-08-14 07:44
Core Insights - DayOne, a Singapore-based global data center developer, is investing approximately EUR 1.2 billion in a hyperscale data center campus in Lahti, Finland, to enhance the country's digital infrastructure [1][7][8] Investment and Project Details - The Lahti data center will be built on a 98,901 square meter site, with a total potential capacity of 128 megawatts (MW) IT load, starting with an initial building of 50 MW IT load [3] - Construction is set to begin in Q3 2025, with operations expected to commence in 2027 [3] - The project aims to create 100 direct skilled jobs and employ 1,000 construction workers at its peak [6] Sustainability and Energy Efficiency - The data center is designed to achieve LEED Gold certification or higher, utilizing air cool chiller technology to eliminate the need for freshwater cooling [4][6] - DayOne is collaborating with local firms to leverage Finland's cool climate for energy efficiency and sustainability [4] - The facility will integrate with the local district heating system and explore waste heat reuse [5] Local Collaboration and Economic Impact - DayOne has entered a Growth Partnership Agreement with the City of Lahti and local institutions, committing EUR 2.5 million to LUT Universities [9] - The partnership focuses on aligning educational pathways with industry needs and fostering local talent development [10] - The investment is expected to significantly bolster Lahti's digital economy and contribute to job creation [6][8] Strategic Rationale - Finland is viewed as an ideal location for European growth due to its reliable energy infrastructure, renewable energy leadership, and skilled workforce [7][8] - Lahti's recognition as the European Green Capital 2021 aligns with DayOne's sustainability goals, making it a strategic choice for investment [8]
Bayport Management Ltd Group Quarterly Report June 2025
Globenewswire· 2025-08-14 07:43
Bayport Management Ltd Group Quarterly Report June 2025 Attachments Group Quarterly Report_June 2025 Group Quarterly Report_June 2025 ...
Consolidated Interim Report 1 January – 30 June 2025
Globenewswire· 2025-08-14 07:07
Financial Performance - The profit for H1 2025 amounts to DKK -9.5 million, an improvement from DKK -12.9 million in H1 2024 [4] - Total assets as of 30 June 2025 are DKK 62.3 million, slightly down from DKK 63.2 million in the previous year [2] - Equity has significantly increased to DKK 39.4 million as of 30 June 2025, compared to DKK 12.4 million a year earlier [4] Cash Position - Cash and cash equivalents as of 30 June 2025 are DKK 0.7 million, down from DKK 0.9 million in H1 2024 [4] - Convertible loans decreased to DKK 15.2 million from DKK 18.5 million year-over-year [2] Strategic Developments - The company has launched a new strategy aimed at driving growth and enhancing shareholder returns [3] - Clinical trial applications for RNX-011 (peritonitis) and RNX-051 (Colorectal Adenoma and Colon Cancer) have been submitted to Danish authorities in H1 2025 [3] - The company continues discussions with potential licensing partners to further its strategic goals [3] Leadership Changes - Christian Henrik Tange was appointed as the new CEO of Pharma Equity Group on 1 April 2025 [3] - Sebastian Bo Jakobsen was appointed as CEO of the subsidiary Reponex Pharmaceuticals A/S [3] Company Overview - Pharma Equity Group A/S is a life sciences investment and development firm listed on the Nasdaq Copenhagen stock exchange, focusing on pharmaceuticals, medical technology, and medical devices [5] - The company aims to identify and advance innovations, particularly from Scandinavian research institutions, to create impactful healthcare solutions [5]
Trident Resources To Commence 5,000m Diamond Drilling Program on Contact Lake High-Grade Gold Project, Saskatchewan
Globenewswire· 2025-08-14 07:05
Core Viewpoint - Trident Resources Corp. is set to commence its inaugural drill program at the Contact Lake Gold Project in Saskatchewan, with over CAD $11 million in cash and marketable securities to fully fund the initiative, aiming to enhance its exploration portfolio in the La Ronge Gold Belt [1][3]. Company Overview - Trident Resources Corp. is a Canadian public mineral exploration company focused on gold and copper projects in Saskatchewan, including the Contact Lake and Greywacke Lake projects, which have significant historical gold resources [13]. Drill Program Details - The drill program will consist of 5,000 metres across 16 holes, targeting the confirmation and extension of gold mineralization from historically defined resources [4]. - The Contact Lake mine previously operated by Cameco processed 1,006,673 tonnes of ore at a head grade of 6.16 grams per tonne (g/t) Au, recovering 188,185 ounces of gold with a life of mill recovery rate of 95% [4]. - The drilling will focus on extending gold mineralization between the underground development and unmined resources of the BK3 zone, located northeast of the former mine site [6][9]. Historical Context - The Bakos shear zone, which hosts the Contact Lake deposit, has been drill-defined at widths of 15 to 40 metres over a strike length exceeding 2 km, indicating strong discovery potential [6]. - Historical high-grade intercepts from previous drilling include significant results such as 2,616.00 g/t Au over 0.6 metres [11]. Operational Aspects - Cyr Drilling from Winnipeg has been contracted for the drilling operations, with a comprehensive QA/QC program in place to ensure data integrity [7]. - The initial phase of drilling will focus on shallow gold mineralization northeast of the Contact Lake Main Zone, followed by moderate depth targets and down-plunge extensions of gold mineralization [9].
CMB.TECH Business update Q2 2025 results
Globenewswire· 2025-08-14 06:33
Core Viewpoint - CMB.TECH NV is set to announce its Q2 2025 earnings on August 28, 2025, and is providing preliminary figures due to an impending stock-for-stock merger with Golden Ocean Group Limited [1][2][3]. Group 1: Earnings Announcement - The Q2 2025 results will be released before market opening on August 28, 2025, followed by a conference call at 8 a.m. EST / 2 p.m. CET [1][4]. - Preliminary key figures for Q2 2025 will be shared in the business update, although these figures are unaudited and subject to change [2][3]. Group 2: Conference Call Details - The earnings conference call will be an audio webcast with a user-controlled slide presentation [5]. - Participants can register for the conference call through a provided link, and those unable to pre-register can dial in using a specific phone conference ID [6]. Group 3: Company Overview - CMB.TECH is a diversified maritime group operating over 150 vessels, including crude oil tankers, dry bulk vessels, and offshore wind vessels [7]. - The company is headquartered in Antwerp, Belgium, and has a global presence with offices in Europe, Asia, the United States, and Africa [7][8].
JLT Mobile Computers AB (publ) publishes interim report for January–June 2025
Globenewswire· 2025-08-14 06:00
Växjö, Sweden, 14 August 2025 * * * JLT Mobile Computers, a leading supplier of rugged computers for demanding environments, publishes its interim report for the period January–June 2025 today. Summary of key figures Order intake MSEK 81.5 (55.0)Net sales MSEK 75.8 (69.6)Operating profit MSEK -0.4 (0.4)Profit after taxes MSEK -0.4 (0.2)Cash flow MSEK -5.5 (4.2) In short The year started strong, with several major deals made with US customers and a record-high order intake recorded in the first quarter.Gro ...
„Artea" bank has completed the authorised capital reduction process
Globenewswire· 2025-08-14 06:00
On August 13, 2025, upon registering the new version of the Articles of Association of AB Artea bankas (the “Bank”) with the Register of Legal Entities (attached), the procedure for the reduction of the Bank’s authorised capital was completed after completion of own shares buybacks. The decisions to reduce the authorised capital of the Bank from EUR 192 269 027,34 to EUR 189 195 680,13 by annulling 10 597 749 shares acquired by the Bank itself and to approve relevant amendments of the articles of associatio ...
Solar A/S: No. 7 2025 Unexpected slowdown in market activity
Globenewswire· 2025-08-14 05:59
Core Insights - Solar experienced negative growth in Q2, particularly in the Industry segment, with a slight decline in Installation, while Trade and Climate & Energy segments showed growth driven by Solar Polaris' sales to a major solar park project [1][6] - The company executed staff reductions and initiated measures to optimize its operating model, incurring transition costs of DKK 12 million and restructuring costs of DKK 45 million, expected to yield savings of approximately DKK 70 million going forward [2] - The company remains optimistic about improving profitability during its strategic period, supported by a resilient business model and executed initiatives [3] Financial Performance - Q2 2025 revenue was DKK 3,018 million, down from DKK 3,100 million in Q2 2024; H1 2025 revenue reached DKK 6,241 million, slightly up from DKK 6,130 million in H1 2024 [4] - EBITDA for Q2 2025 was DKK 112 million, down from DKK 137 million in Q2 2024; H1 2025 EBITDA was DKK 186 million, compared to DKK 225 million in H1 2024 [4] - Organic growth adjusted for working days was -1.2% in Q2 2025, an improvement from -7.8% in Q2 2024; H1 2025 showed organic growth of 2.6%, up from -11.2% in H1 2024 [4] Guidance and Future Outlook - The company projects 2025 revenue between DKK 11,750 million and DKK 12,250 million, with EBITDA expected to be between DKK 450 million and DKK 510 million [5] - The company aims for an EBITDA margin greater than 5% by 2026, with anticipated improvements from initiatives implemented in 2025 expected to increase the EBITDA margin by approximately 0.7 percentage points [7] Company Overview - Solar is a leading European sourcing and services company focused on electrical, heating, plumbing, ventilation, and climate and energy solutions, facilitating efficiency improvements and driving the green transition [8] - The company generated approximately DKK 12.2 billion in revenue in 2024 and employs around 2,900 people, listed on Nasdaq Copenhagen under the designation SOLAR B [9]
Launch of share buyback programme
Globenewswire· 2025-08-14 05:31
Core Viewpoint - Netcompany Group A/S has announced a share buyback programme of up to DKK 500 million to adjust its capital structure and fulfill obligations related to share-based incentive programmes [1] Group 1: Share Buyback Programme Details - The share buyback programme will conclude no later than 30 January 2026 [2] - The programme will be executed in compliance with EU Market Abuse Regulation and related provisions [2][3] - Danske Bank A/S has been appointed as the lead manager for the share buyback programme, making independent trading decisions on behalf of Netcompany [3] Group 2: Terms and Conditions - The maximum total consideration for shares bought back is set at DKK 500 million, with a maximum of 3,700,000 shares to be repurchased [6] - The maximum number of shares that can be purchased per daily market session is limited to 25% of the average daily trading volume over the preceding 20 trading days [6] - Shares cannot be repurchased at a price exceeding the higher of the last independent transaction price or the highest independent bid on Nasdaq Copenhagen A/S [6] Group 3: Current Holdings - As of the announcement date, Netcompany holds 369,510 treasury shares, which is equivalent to 0.8% of the total share capital [4]
Interim report for the six months ended 30 June 2025
Globenewswire· 2025-08-14 05:30
Core Insights - The company continues to grow and invest in its products and platforms despite uncertain market conditions, focusing on expanding its presence in various verticals [2] - There is a strong emphasis on developing digital capabilities in Europe, supported by government initiatives and the European Union's push for digital sovereignty, which aligns with the company's investment strategy [2] - The company aims to be a preferred choice for European governments and enterprises, enhancing its digital foundation for a prosperous Europe [3] Financial Performance - In Q2 2025, the company reported a revenue growth of 3.9% to DKK 1,714.9 million, while adjusted EBITDA decreased by 18% to DKK 220.7 million, resulting in an adjusted EBITDA margin of 12.9% [5] - The diluted earnings per share for Q2 2025 were DKK 1.17, with an increase in the average number of full-time employees from 7,884 in Q2 2024 to 8,333 in Q2 2025 [5] - Free cash flow was DKK 25.6 million in Q2 2025, down from DKK 148.2 million in Q2 2024, with a cash conversion ratio of 14.6% [5] Future Guidance - The company maintains its financial guidance for the year, expecting organic revenue growth between 5% and 10% and an organic adjusted EBITDA margin between 16% and 19% [4][5] - Non-organic revenue through Netcompany Banking Services is projected to be between DKK 840 million and DKK 870 million for the full year [5]