Financial Data and Key Metrics Changes - In 2025, the company achieved Adjusted EBITDA growth of 10%, significantly exceeding initial guidance [3][16] - The company ended the year with nearly $1 billion in liquidity and a net leverage of 5.3 times net debt to Adjusted EBITDA [12] - Adjusted Free Cash Flow for 2025 was reported at $172 million, ahead of guidance [13] Business Line Data and Key Metrics Changes - In Europe, fourth quarter revenue decreased by 1% to $539 million, with a 6% decline on a constant currency basis, primarily due to a negative IFRS 15 contract asset [5] - In the Americas, fourth quarter revenue increased by 24% to $807 million, driven by higher input cost pass-through and shipment growth [8] - For the full year, shipments in Europe grew by 2%, while North America saw a 6% increase in shipments [9][11] Market Data and Key Metrics Changes - The beverage can continued to gain market share against glass in the beer category and plastic in carbonated soft drinks [4][8] - In Brazil, fourth quarter beverage can shipments decreased by 4%, but the full year saw a 2% decline in line with weak industry performance [11] - The company expects low to mid single-digit industry growth in Brazil for 2026 [11] Company Strategy and Development Direction - The company plans to optimize its network to better serve higher-demand can sizes and is progressing plans to add capacity in Spain and the UK [7] - The beverage can's low penetration rate in Europe presents significant growth opportunities, with the UK and Germany showing potential for increased market share [46] - The company views 2026 as a transition year in North America, with expectations of returning to growth in 2027 [10][17] Management's Comments on Operating Environment and Future Outlook - Management highlighted strong performance in North America, particularly in the energy drinks category, despite some supply chain disruptions [9][19] - The company anticipates some operational challenges due to tight metal supply and adverse weather impacts in early 2026 [10][32] - Management expressed confidence in the beverage can's growth potential, driven by innovation and sustainability trends [46] Other Important Information - The company successfully raised $1.3 billion in green bonds to refinance existing debt, which will lead to annual cash savings of approximately $10 million [12][13] - The company announced an unchanged quarterly ordinary dividend of $0.10 per share [15] Q&A Session Summary Question: Can you discuss volume trends by region for Q1? - Management noted a good start in North America, with some weather-related disruptions in January but positive trends in February and March [19][20] Question: What is the timeline for capacity expansion in Europe? - Management indicated that capacity projects in Spain and the UK will be spread over the next two years, with a moderate increase in capital expenditure [23][25] Question: How is the company positioned for the World Cup in Brazil? - Management expects a potential pickup in demand during the World Cup, with a market growth forecast of 3%-5% [30] Question: What are the expectations for aluminum conversion costs in Europe? - Management does not anticipate significant headwinds from aluminum conversion costs in 2026, as these were primarily a 2025 issue [47] Question: How are new filling locations impacting the company? - New filling locations are aligned with the company's portfolio, primarily focused on soft drinks, and are expected to strengthen long-term customer relationships [50][52]

Group 1 - Denmark has experienced a slight increase in government debt to kr. 235 billion, which is 7.6% of GDP, while government interest costs remain low at kr. 5 billion [1] - The government has taken over the financing of municipalities and regions, resulting in estimated annual interest savings of approximately kr. 1 billion [2] - Denmark has issued the world's first government bond under the European Green Bond Standard, with a new 10-year green government bond launched as part of the updated green bond programme [3]

Group 1 - The article does not provide any relevant content regarding company or industry insights [1]

Company Overview - Mowi ASA is one of the world's leading seafood companies and the largest producer of farm-raised Atlantic salmon, with an estimated harvest of 605,000 tonnes in 2026 from seven countries [2][3] - The company is headquartered in Bergen, Norway, employs 12,300 people across 26 countries, and is listed on the Oslo Stock Exchange [3] - Mowi reported a turnover of EUR 5.6 billion in 2024 [3] Sustainability and Market Position - Mowi is recognized as the most sustainable listed animal protein producer globally, according to Coller FAIRR [3] - The company operates under its own MOWI brand, providing high-quality salmon and other seafood to consumers worldwide [3] Financial Activities - Mowi has mandated several banks to arrange a series of fixed income investor meetings, indicating potential future NOK-denominated senior unsecured green bond issues, swapped to EUR, with a minimum tenor of 5 years [1][2] - The issuance of these bonds is subject to market conditions [2]

Funding & Investment - EP Infrastructure aims to raise at least €500 million (approximately $540 million USD) through a green bond offering [1] - This follows the sale of a stake in its holding company to TotalEnergies [1]

Nigeria’s Lagos State, which encompasses sub-Saharan Africa’s biggest city, sold its maiden green bond with the offering 88% oversubscribed. https://t.co/V1ZfuhWPEN ...

Saudi Arabia’s sovereign wealth fund mandated banks for its first euro-denominated green bond sale, signaling no let up in the recent wave of borrowing activity aimed at financing the kingdom’s economic transformation plans https://t.co/YRFkIojMKA ...

Core Points - Reykjavík Energy is conducting a bond auction on October 8, 2025, offering three classes of green bonds [1][2][3] - The bonds include OR031033 GB with an 8.30% fixed nominal interest, maturing on October 3, 2033 [1] - OR0280845 GB carries a 3.70% fixed interest, redeemable in 2037, with a final maturity date of August 28, 2045 [2] - OR180255 GB has fixed indexed interest, maturing on February 18, 2055, with previously issued bonds totaling ISK 39,421 million [3] - Fossar Investment Bank hf. is responsible for overseeing the issuance and trading of these bonds on Nasdaq Iceland [3] Bond Details - OR031033 GB: 8.30% fixed nominal interest, equal payments every six months, ISK 9,950 million previously issued [1] - OR0280845 GB: 3.70% fixed interest, equal payments every six months, ISK 9,000 million previously issued [2] - OR180255 GB: Fixed indexed interest, equal payments every six months, ISK 39,421 million previously issued [3] Auction Information - Bids must be submitted by October 8, 2025, before UTC 17:00 [4] - Transactions will be settled on October 15, 2025 [4] - Contact information for CFO Snorri Hafsteinn Þorkelsson and Matei Manolescu from Fossar Investment Bank is provided for inquiries [4]

🟢 Firms wishing to provide external reviewer services under the European #GreenBond Regulation can now apply for registration.🔗 More information and the template for the submission → https://t.co/Vk51obuA4Nℹ️ Registration with #ESMA → https://t.co/CoQNcjqVkz https://t.co/2KHJfCqvJx ...

Renault sold its first green bond to help finance electric vehicles, tapping the euro market for the debt at a time when the industry is grappling with weak demand for battery-powered cars https://t.co/m97L7YmrgZ ...