Market Trend - Donald Trump's policies may slow down EV adoption in America [1] - The policies will not stop the green transition [1]

Group 1 - Solar is a leading European sourcing and services company focused on electrical, heating and plumbing, ventilation and climate, and energy solutions [2] - The company generated revenue of approximately DKK 12.2 billion in 2024 and employs around 2,900 people [3] - Solar is listed on Nasdaq Copenhagen under the designation SOLAR B [3] Group 2 - Jesper Dalsgaard Jensen, the Vice-chair of the board, purchased 750 shares of Solar A/S at a market price of DKK 166,125.00 on August 15, 2025 [1]

I think let's work for a sustainable negotiated agreement with the United States and I'm hopeful that we can achieve that. I think that we have to do with an administration in the US who is um trying to push us against the wall but at the same time these are our friends longstanding friends and therefore I'm confident that also at the G7 and thereafter we can find an a basis for uh the US to be and to continue to be a partner in security issues and we discuss it in NATO and on trade relations. Let's not loo ...

Core Viewpoint - cBrain has appointed Lars Møller Christiansen as the new CFO, effective August 1, 2025, succeeding Ejvind Jørgensen who has served for nine years [1][2]. Group 1: Leadership Transition - Lars Møller Christiansen will take over as CFO from Ejvind Jørgensen, who will remain with the company in a different capacity after a transition period [2]. - Ejvind Jørgensen has been with cBrain for nine years and will continue to be part of the company's journey [2]. Group 2: New CFO's Background - Lars Møller Christiansen has over 24 years of experience in the Danish government, focusing on financial management and digitization [3]. - He previously served as Deputy Director at the Environmental Protection Agency, where he was responsible for financial management and digitization [1][3]. - Lars is recognized as a digital front runner with extensive knowledge in eGovernment, which aligns with cBrain's international growth strategy [3]. Group 3: Vision and Goals - Lars emphasizes the importance of digital decision-making processes for accelerating the green transition and expresses enthusiasm for contributing to cBrain's climate and environmental goals [4].

Core Insights - Orion is hosting its Capital Markets Day on May 22, 2025, in Helsinki, focusing on its growth strategy and financial objectives without announcing new targets [1][5] - The company has three biologics assets in late research phases for immuno-oncology, with plans to initiate clinical phase I trials within the next 12 to 24 months [3][7] - Orion's Easyhaler® product portfolio for asthma and COPD is expected to exceed EUR 300 million in peak annual sales, driven by a shift towards dry-powder inhalers due to lower CO2 emissions [4][7] Company Overview - Orion is a Nordic pharmaceutical company with over a hundred years of experience, developing and marketing human and veterinary pharmaceuticals [6] - The company reported net sales of EUR 1,542 million in 2024 and employs approximately 3,700 professionals globally [6]

Core Insights - Fingrid's financial performance in 2024 showed significant growth in turnover and operating results, with a turnover of €1,269.3 million, up 6.4% from the previous year, and an operating result of €238.9 million, an increase of 28.4% [2][3] - The company is heavily investing in grid infrastructure, with capital expenditures reaching €520.9 million, a 61.7% increase from 2023, to support the growing demand for electricity transmission and renewable energy connections [3][4] - Fingrid's electricity consumption in Finland rose to 82.7 terawatt hours, reflecting a 3.4% increase, while the company transmitted 66.1 terawatt hours, representing 79.9% of the total consumption [5][9] Financial Performance - Turnover for 2024 was €1,269.3 million compared to €1,193.2 million in 2023, marking a 6.4% increase [2] - Operating result was €238.9 million, up from €186.1 million, a 28.4% increase [2] - Profit before taxes increased to €227.4 million from €186.0 million, a 22.3% rise [2] - Net cash flow from operations decreased by 11.0% to €190.9 million [2] Investment and Infrastructure - Fingrid's investment program is approximately €4 billion, focusing on enhancing transmission connections and accommodating higher electricity consumption [3] - Capital expenditure for 2024 was €520.9 million, a significant increase from €322.0 million in 2023 [2][3] - The company anticipates gross capital expenditure of roughly €1.7 billion from 2025 to 2028, with €626 million already committed [5] Electricity Consumption and Production - Total electricity consumption in Finland reached 82.7 terawatt hours in 2024, up from 80.0 terawatt hours in 2023 [5][9] - Fingrid connected 1,600 megawatts of renewable production capacity to the main grid [5][9] - The number of inquiries for connecting renewable electricity generation to the grid increased to over 400 gigawatts, indicating strong future demand [4] Regulatory and Legal Matters - Fingrid has appealed to the Market Court regarding the Energy Authority's decisions on balance service collateral requirements and profit regulation methods, which the company believes weaken its investment capacity [11][12] - The company is involved in ongoing legal proceedings related to the OL3 nuclear power plant's connection to the grid, asserting that it is not responsible for the associated protection scheme [13][21] Future Outlook - The company expects its financial results for 2025 to remain stable compared to 2024, despite anticipated increases in operational costs due to expanding electricity transmission needs [18] - Fingrid plans to raise grid service fees by an average of 8% starting January 2025 to cover growing costs and investments [9]