Core Insights - Tiderock Companies, Inc. has launched a new sustainability-focused division named Vivara Global to meet the growing demand for compliant and sustainable material solutions across various industries [1] Group 1: Business Expansion - The establishment of Vivara Global marks a strategic expansion of Tiderock's business model beyond its industrial composites sector [1] - Vivara Global aims to create a dedicated platform for intellectual property development and proprietary material formulations [1] Group 2: Market Focus - The new division will target consumer packaged goods, food and beverage, medical, and pharmaceutical applications [1] - The global market for these applications is valued at over $300 billion [1]

Core Viewpoint - Springview Holdings Ltd has initiated its first pilot project for residential solar solutions in Singapore, marking a significant step in its sustainability strategy through collaboration with Jiangsu GSO New Energy Technology Co., Ltd [1][2]. Group 1: Pilot Project Details - The pilot project is located at 15 Jalan Nipah and aims to evaluate the economic, technical, and operational viability of rooftop solar solutions for landed residential properties in Singapore [2][3]. - A preliminary assessment indicates the potential for a solar photovoltaic system of up to approximately 60 kilowatts (kW), with an estimated daily generation of up to approximately 3.8 kilowatt-hours (kWh) per kW, leading to a potential total generation of approximately 228 kWh per day [3][10]. - The estimated monthly electricity savings from the solar generation could reach approximately S$2,000, translating to about S$24,000 annually, assuming substantial on-site self-consumption [4]. Group 2: Economic Viability - The indicative installation cost for the pilot project is approximately S$52,000, suggesting a potential simple payback period of about two to three years based on actual system performance and self-consumption levels [5]. - The project highlights the potential for rooftop solar solutions to provide significant long-term cost savings for homeowners with sustained electricity demand, in addition to environmental benefits [5]. Group 3: Collaboration and Future Plans - Under the collaboration framework, Springview will manage overall project delivery, regulatory coordination, and homeowner engagement, while GSO will provide technical expertise and engineering support [8]. - The pilot project aligns with the broader sustainability objectives of Singapore and may inform future offerings within Springview's residential design-and-build projects [7].

I'm very lucky to say that I've created an environment or and a career for myself where I get to be outdoors most of the time and most of my days. >> It's the International Day of Sport in [music] April 2024. BAM, just 17 years old at the time, is on the floor of the United Nations in New [music] York, and she's there to deliver an impassion speech.Through my travels as a professional snowboarder, I've gone around the world to Europe and New Zealand training and competing [music] and I've seen one common th ...

Core Viewpoint - ING demonstrated strong commercial growth in 2025, achieving significant increases in net interest income, sustainable financing, and customer acquisition despite a lower interest rate environment [1][4][6]. Financial Performance - ING's commercial net interest income (NII) for 2025 was EUR 15.3 billion, attributed to customer balance growth, disciplined repricing, and a prudent deposit hedging strategy [1]. - The company generated over EUR 6.3 billion in net profit for 2025, reaffirming a 50% payout policy and announcing approximately EUR 3.6 billion in additional distributions and a buyback [5][12]. - Total income reached a record level for the third consecutive year, with management guiding for total income of around EUR 24 billion in 2026 and exceeding EUR 25 billion in 2027 [6][14][15]. Customer and Balance Sheet Growth - The loan book grew by 8.3% in 2025, primarily driven by residential mortgages, while deposits increased by 5.5%, mainly from retail banking customers [2][6]. - More than 1 million mobile primary customers were added in 2025, with over 350,000 added in the fourth quarter alone [3][6]. Fee Income and Operational Efficiency - Fee income rose by approximately 15% year over year, contributing to around 20% of total income, with investment products seeing a 21% increase [6][7]. - The company implemented initiatives to improve operational leverage, including reducing manual intervention in customer journeys and introducing a chatbot in seven retail markets [7][8]. Capital Generation and Risk Management - ING's CET1 ratio decreased to 13.1% due to an additional distribution, while risk-weighted asset (RWA) growth was limited, consuming roughly 15% of net profit [9][12]. - Total risk costs for the quarter were EUR 365 million, in line with the company's through-the-cycle average [13]. Outlook and Future Targets - For 2026, ING expects total income growth of around EUR 24 billion, with operating expenses projected between EUR 12.6 billion and EUR 12.8 billion [14]. - For 2027, the company anticipates total income to exceed EUR 25 billion and raised its fee income goal to exceed EUR 5 billion [15].

Financial Data and Key Metrics Changes - The company reported a return on equity (ROE) of 13.2% for 2025, exceeding initial guidance [7] - Total income reached a record level for the third consecutive year, driven by strong net interest income (NII) and fee income growth [8][12] - The CET1 ratio decreased due to a EUR 1.6 billion distribution, partially offset by quarterly net profit [29] Business Line Data and Key Metrics Changes - Retail banking contributed EUR 11.3 billion in the fourth quarter, with net core lending growth of EUR 10.1 billion, primarily from residential mortgages [5][7] - Wholesale banking added EUR 10.3 billion in net core lending, supported by strong demand for lending and working capital solutions [5] - Fee income grew by 15% year-on-year, accounting for 20% of total income, with significant contributions from investment products [8][25] Market Data and Key Metrics Changes - The company added over 350,000 mobile primary customers in the fourth quarter, totaling over 1 million for the year [5] - Deposits increased by EUR 38.1 billion for the full year, reflecting a 5.5% growth [6] - The company maintained a strong net promoter score (NPS) in retail banking, ranking number one in five out of ten markets [10] Company Strategy and Development Direction - The company aims to grow and diversify income by adding more customers and enhancing product offerings, including a subscription model for retail clients [14][15] - Operational leverage will be improved through scaling processes and technology, with a focus on cost discipline [15] - The company plans to maintain a 50% payout policy for shareholder returns while investing in growth and considering M&A opportunities [15][16] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in achieving strong growth in 2026 and introduced an upgraded outlook for 2027, expecting total income to exceed EUR 25 billion [16][17] - The anticipated return on equity for 2026 is 14%, with a tangible equity return expected to be higher than 14% [17] - Management highlighted the importance of balancing loan and deposit growth while maintaining competitive margins [46][47] Other Important Information - The company mobilized EUR 166 billion in sustainability volume for the year, representing a 28% increase from 2024 [7] - A final cash dividend of EUR 0.736 per share is scheduled for April 24, 2026, subject to AGM approval [30] Q&A Session Summary Question: Guidance on total income and growth assumptions - Management confirmed a 5% balance growth assumption for guidance, indicating that Q4 performance provides confidence in achieving targets [36][39] Question: Loans versus deposit growth balance - Management acknowledged the need to balance loan and deposit growth but noted that short-term fluctuations are acceptable based on market opportunities [44][47] Question: Cost outlook and incidentals - Management indicated that while there may be incidental costs, they are focused on maintaining cost discipline and achieving operational efficiencies [45][48] Question: M&A strategy and market opportunities - Management stated that they are open to M&A opportunities that align with their growth strategy and can enhance local scale and diversification [55][56] Question: Liability margins and competition - Management provided insights on liability margins, indicating a stable outlook while acknowledging competitive pressures in the market [66][71] Question: Investment in AI and technology - Management highlighted ongoing investments in AI and technology to enhance operational leverage and customer satisfaction, with positive impacts already being observed [68][70]

Core Insights - Techem has made significant progress in climate protection, digitalization, and circular economy as highlighted in its sixth sustainability report [1][2] - The company is committed to reducing its carbon footprint and supporting the decarbonization of the building sector through various products and services [2] Climate Goals and CO2 Reduction - In the fiscal year 2025, Techem's total CO2 footprint was approximately 221,407 tons, representing an 11.2% decrease from the previous year, primarily due to reduced Scope-3 emissions [2] - Compared to the base year 2020, this marks a 27% reduction, demonstrating the effectiveness of the implemented climate protection measures [2] - Techem aims to enhance energy efficiency and CO2 reduction through continuous monitoring, optimization of heating systems, and decarbonized heat supply [2] Digital Transformation - The development of the One Digital Platform is driving the digital transformation of the building sector, creating a foundation for increased energy efficiency and CO2 reduction [1][2] - 85.4% of Techem's measuring devices are now capable of wireless communication, enabling data-driven transparency and effective sustainability management [2][6] E-Mobility and Charging Infrastructure - Techem has installed 2,013 charging points for electric vehicles by the end of fiscal year 2025, with plans to expand this to over 5,000 by the end of 2027, all powered by green electricity [3] - The company has electrified 50.4% of its German vehicle fleet, a 20.5% increase from the previous year, with a target of reaching 90% by the end of 2028 [3] Circular Economy Initiatives - Techem has established a Re-Use Center to enhance resource efficiency, allowing devices and components to be reused or recycled, with up to 98% of materials being returned to industrial cycles [4] Sustainability Ratings and Awards - Techem received an "AA" ESG rating from MSCI, positioning it among the leading companies in environmental, social, and governance practices [5] - The company outperforms the industry average in key categories such as carbon emissions and corporate behavior [5] Reporting Standards - Techem's sustainability reporting is voluntary and aligns with Global Reporting Initiative (GRI) standards, preparing for European Sustainability Reporting Standards (ESRS) [8]

January 29, 2026 STMicroelectronics Q4 & FY 2025 Financial Results Forward looking information • customer demand that differs from projections which may require us to undertake transformation measures that may not be successful in realizing the expected benefits in full or at all; • the ability to design, manufacture and sell innovative products in a rapidly changing technological environment; • changes in economic, social, public health, labor, political, or infrastructure conditions in the locations where ...

Core Insights - Suominen Corporation reported unsatisfactory financial performance for the year 2025, with significant declines in net sales and profitability due to challenging market conditions and operational disruptions [1][2][7]. Financial Performance - In Q4 2025, net sales decreased by 19.6% to EUR 95.3 million compared to EUR 118.5 million in Q4 2024 [2][11]. - For the full year 2025, net sales were EUR 412.4 million, down 10.8% from EUR 462.3 million in 2024 [2][13]. - Comparable EBITDA for Q4 2025 was EUR 1.9 million, a decline from EUR 4.2 million in Q4 2024 [2][14]. - The full-year comparable EBITDA was EUR 12.6 million, down from EUR 17.0 million in 2024 [2][18]. - The company reported a loss for the period of EUR 12.1 million for 2025, compared to a loss of EUR 5.3 million in 2024 [20][19]. Operational Challenges - Two significant incidents at US facilities constrained supply capabilities, negatively impacting sales and profitability [7]. - The company faced increased import pressures as US customers sought alternative sources due to supply interruptions [7]. - Cash flow from operations improved to EUR 12.2 million in 2025, compared to EUR 3.9 million in 2024 [2][22]. Strategic Initiatives - Suominen executed strategic initiatives, including investments in a new production line in Alicante, Spain, aimed at enhancing sustainable product capabilities [8]. - A cost-saving program was launched targeting approximately EUR 10 million in benefits over 24 months, with steady implementation in the second half of 2025 [9]. - New products accounted for 24% of net sales in Q4 and 27% for the full year, indicating a focus on innovation [8]. Market Outlook - The nonwovens market is expected to continue its growth trajectory in 2026, with Suominen anticipating an improvement in comparable EBITDA compared to 2025 [3][10]. - The wipes segment is benefiting from the expansion of the moist toilet tissue category in the US, despite market dynamics being affected by excess capacity and global trade flow changes [5][6]. Sustainability Efforts - Suominen is committed to sustainability, aiming for over two-thirds of raw materials to be plant-based and focusing on reducing greenhouse gas emissions in line with the Paris Agreement [27][29]. - The company received a Gold Medal from EcoVadis, placing it in the top 2% of companies in its industry for sustainability performance [32].

Core Insights - ING reported a full-year net result of €6,327 million for FY2025, driven by growth in customer balances and fee income [1] - The full-year profit before tax was €9,148 million, with a return on equity of 13.2% [1] - The fourth quarter profit before tax reached €2,095 million, marking an 18% increase year-on-year [1] Financial Performance - Total income for FY2025 was €23.0 billion, supported by a 15% rise in fee income to €4.6 billion and commercial net interest income of €15.3 billion [2] - Lending growth was significant, with €56.9 billion in total lending, more than double the previous year's amount [2] - Operating expenses remained stable year-on-year, reflecting cost discipline while investing in growth [1][6] Retail Banking Highlights - The mobile primary customer base increased by over 1 million to 15.4 million, contributing to a total customer base of nearly 41 million [3][5] - Lending in Retail Banking rose by €38.6 billion, primarily from €28.5 billion in mortgage growth and €6.6 billion in Business Banking [3] - Deposits increased by €30.1 billion, indicating strong customer trust [3] Wholesale Banking Highlights - Lending volumes in Wholesale Banking grew by €18.3 billion, driven by demand in corporate lending and Working Capital Solutions [4] - Deposits in Wholesale Banking increased by €8.0 billion, mainly in cash pooling and Financial Markets [4] - Fee income in Wholesale Banking rose by 9%, reflecting ongoing investment in expanding capabilities [4] Future Outlook - The company has a strong outlook for 2026 and has upgraded its outlook for 2027, with a return on tangible equity (ROTE) forecasted to exceed 14% for 2026 and 15% for 2027 [5][8] - The CET1 ratio stood at 13.1%, and a proposed final dividend of €0.736 per share was announced [5] - Sustainable volume mobilized reached €166 billion for the full year, a 28% increase year-on-year, highlighting the company's commitment to sustainability [7]

Core Insights - The International Surface Event (tise) has announced the winners of the "What's Hot – Best of tise 2026 Awards," recognizing companies that excel in innovation and industry standards [1][3][4] Industry Overview - tise serves as a premier platform for industry professionals to discover new products during the peak buying cycle, featuring over 650 brands across more than 155 product categories [2][8] - The event highlights both traditional and innovative products, with dedicated pavilions for flooring, stone, tile, machinery, and installation products [2] Awards Highlights - The awards celebrate products, services, and solutions that enhance industry efficiency, creativity, safety, and innovation [3] - Notable winners in the Surfaces category include: - Style & Design: Karastan - Technology: Rara AI - Innovation: Mohawk - Sustainability: Nox - Disruption: Mohawk - Carpet: Couristan - Wood: AHF - Laminate: Stanton - Resilient: Mannington [6] - In the Tile + Stone category, winners include: - Style & Design: Cambria - Technology: Aardwolf - Innovation: GranQuartz - Sustainability: Full Circle Water - Disruption: Thryve - Tile: Arizona Tile - Stone: Vermont Quarries [7] Event Details - The awards will return to tise next year from February 2-4, 2026, with information available for submissions for the 2027 awards [7]