Core Viewpoint - HRC World PLC is set to be admitted to trading on the Aquis Stock Exchange Growth Market, marking a significant milestone in its development and expansion plans [2][4]. Company Overview - HRC World PLC is a UK public company listed on Nasdaq First North Copenhagen, focused on the development and operation of data centre facilities [5]. - The company offers end-to-end capabilities including Engineering, Procurement, Construction, Commissioning (EPCC), and full Operations & Maintenance (O&M) services [5]. - HRC World is committed to sustainable innovation, developing renewable energy solutions such as solar, hydroelectric, wind, and biogas, while also exploring emerging technologies like nano-nuclear reactors [5]. Admission Details - The ordinary shares of HRC World PLC, valued at €0.01 each, will be admitted to trading on the Aquis Stock Exchange Growth Market Access Category effective from 8.00 am on 26 August 2025 [2][3]. - This admission is expected to enhance the visibility of HRC's operations internationally and facilitate better communication with shareholders regarding expansion plans [5]. Executive Commentary - Alex George, Executive Director of HRC, emphasized that the admission to the Aquis Stock Exchange represents a new phase for the company, aimed at meeting the demands of the evolving digital landscape [4]. - The company plans to develop a detailed investor relations plan in collaboration with UK advisers to keep shareholders informed about its expansion [5].

Core Insights - Huhtamaki has launched new compostable ice cream cups that are both home and industrial compostable and recyclable, enhancing its ice cream product line with sustainable packaging solutions [2][5] - The cups are made from responsibly sourced, certified paperboard with a bio-based material coating, reducing reliance on fossil-based plastics while keeping plastic content below 10% [3][4] - This product launch reflects Huhtamaki's commitment to sustainability and innovation, aiming to help consumers and businesses reduce their environmental footprint without compromising on quality [5][4] Company Overview - Huhtamaki is a leading global provider of sustainable packaging solutions, with over 100 years of history and operations in 36 countries and 101 locations [7] - The company reported net sales of EUR 4.1 billion in 2024 and is listed on the Nasdaq Helsinki, with its headquarters located in Espoo, Finland [7]

Core Viewpoint - Huhtamaki has launched new compostable ice cream cups, enhancing its sustainable packaging offerings in the ice cream sector [1][2]. Company Overview - Huhtamaki is a global leader in sustainable food packaging solutions, with a commitment to innovation and sustainability [2][5]. - The company has over 100 years of history and operates in 36 countries with around 18,000 professionals [7]. Product Details - The new ice cream cups are made from responsibly sourced, certified paperboard and feature a bio-based material coating, reducing fossil-based plastic content to less than 10% [3][4]. - These cups are designed for both home and industrial compostability and recyclability, providing a sustainable choice for consumers and businesses [5][6]. Commitment to Sustainability - The launch of the new ice cream cups reflects Huhtamaki's dedication to sustainability and innovation, aiming to help customers reduce their environmental footprint [5][6]. - The company emphasizes its expertise in paperboard and barrier technologies, ensuring that the new product meets high environmental standards while maintaining quality [4][5].

Core Points - HRC World PLC announced changes to its Board of Directors, including the resignation of Mr. Shailen Gajera as Director and Chairman, and the re-designation of Simon James Retter as Non-Executive Chairman and Alex George as Executive Director [2][4] Company Overview - HRC World PLC is a UK public company listed on Nasdaq First North Copenhagen, engaged in the development and operation of data centre facilities, offering end-to-end services including Engineering, Procurement, Construction, Commissioning (EPCC), and Operations & Maintenance (O&M) [3] - The company focuses on small to medium-scale distributed data centres and is committed to sustainable innovation, developing renewable energy solutions such as solar, hydroelectric, wind, biogas, and exploring emerging technologies like nano-nuclear reactors [3]

Core Insights - Zeekr Group has published its 2024 Sustainability report, highlighting its commitment to sustainable innovation, dual carbon management, and proactive governance [1] Company Overview - Zeekr Group, headquartered in Zhejiang, China, is a leading premium new energy vehicle group under Geely Holding Group, with brands Lynk & Co and Zeekr [2] - The company aims to create a fully integrated user ecosystem, focusing on innovation, and is developing its own software systems, e-powertrain, and electric vehicle supply chain [2] - Zeekr Group values equality, diversity, and sustainability, with the ambition to become a global new energy mobility solution provider [2]

Financial Data and Key Metrics Changes - The company achieved 11% organic revenue growth, 130 basis points of adjusted EBITDA margin expansion, and 26% adjusted EPS growth in Q1 2025 [6][13][20] - Bookings increased by 4%, with a book-to-bill ratio of 113% for the enterprise and 100% or more across all segments [6][10] - The backlog increased by approximately $500 million from year-end 2024, including about $400 million in the Americas commercial HVAC business [6][10] Business Line Data and Key Metrics Changes - In the Americas segment, commercial HVAC bookings set a new quarterly record, with mid-teens growth in equipment and low-teens growth in services [9][10] - Residential bookings were up mid-teens, and revenues increased by high-teens [10] - Transport refrigeration bookings were down low single digits, but revenues were up mid single digits, outperforming a market decline of around 25% [10] - In the EMEA segment, commercial HVAC bookings were up mid-teens, with revenues up mid single digits [10] - In Asia Pacific, bookings and revenues in the rest of Asia were strong, up double digits and low 20s respectively, while in China, bookings and revenues were down low 30s and high 20s respectively [11] Market Data and Key Metrics Changes - The Americas commercial HVAC market showed broad-based strength across various verticals, including data centers, healthcare, and education [30][56] - The EMEA transport markets are expected to decline low single digits in 2025, while the Asia market outlook remains flat overall [19][19] Company Strategy and Development Direction - The company focuses on a purpose-driven strategy that emphasizes innovation for a sustainable world, aiming to deliver differentiated shareholder value [4][5] - The direct sales strategy allows the company to capture more market opportunities and consistently outperform end markets [7] - The company is targeting total Americas commercial HVAC three-year stacked revenue growth of approximately 50% for 2025 [16] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in delivering results towards the higher end of full-year revenue and EPS guidance ranges [8][20] - The company anticipates modest cost inflation but is well-prepared to manage it while minimizing customer impact [8][21] - The outlook for residential markets is expected to return to a GDP-plus framework in 2025, with no anticipated dip in volume due to pre-buy concerns [17][41] Other Important Information - The company deployed approximately $775 million through its balanced capital allocation strategy in Q1 2025, including $210 million to dividends and $550 million to share repurchases [24] - The Board of Directors approved a 12% dividend raise effective with the first quarter payment, with dividends having grown nearly 80% since the company's inception [24] Q&A Session Summary Question: Changes in commercial HVAC markets and demand - Management noted strong order rates in commercial HVAC, with broad-based strength across verticals such as data centers and healthcare, and a robust pipeline [30][31] Question: Pricing actions to offset tariff headwinds - Management explained that they are implementing price increases and surcharges to offset estimated tariff costs of $250 million to $275 million, while remaining flexible in pricing strategies [35][36] Question: Demand concentration in specific verticals - Management confirmed that growth is broad-based across 14 verticals, with no significant concentration in any one area [56] Question: European margins and investment cycle - Management indicated that significant reinvestment is ongoing in Europe, with strong order rates in commercial HVAC, and they expect margins to bounce back [92][93] Question: Impact of tariffs on pricing and guidance - Management clarified that tariff costs are not currently embedded in revenue guidance, and they will adjust guidance as more clarity on the tariff landscape emerges [112][114]

Core Viewpoint - ASML and imec have entered a strategic partnership to enhance semiconductor research and promote sustainable innovation in Europe, with a focus on developing advanced solutions for the semiconductor industry and environmental benefits [1][2][4]. Group 1: Partnership Details - The partnership agreement spans five years and aims to leverage the expertise of both ASML and imec to deliver solutions in semiconductor advancement and sustainable innovation [2]. - The collaboration will utilize ASML's entire product portfolio, including advanced technologies such as 0.55 NA EUV and DUV immersion, to support R&D in sub-2nm technologies [3]. Group 2: Funding and Support - The partnership is supported by funding from the Chips Joint Undertaking, the Flemish government, and the Dutch government, which aligns with the EU Chips Act [5][6]. - The NanoIC pilot line, crucial for this collaboration, is funded through various EU programs and participating states, including Belgium, France, Germany, Finland, Ireland, and Romania [6]. Group 3: Strategic Importance - ASML's CEO emphasized that this agreement represents a significant step in their long-term cooperation with imec, aiming to develop solutions that benefit the semiconductor industry and society [5]. - The partnership is expected to enhance imec's capabilities in providing advanced R&D for the semiconductor ecosystem, particularly in AI-driven technological advancements [5].