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NORBIT – Results of the 2025 employee incentive program and mandatory trade notification
Globenewswire· 2025-12-09 09:52
Core Points - NORBIT ASA has approved an incentive share purchase program for its employees, with 286 participants involved [1] - The program is structured as a share matching initiative, allowing employees to acquire shares at market value and receive compensation in new shares equivalent to their investment after 24 months, contingent on certain conditions [2] - A total of 76,077 shares were subscribed in this year's program, with a subscription price set at NOK 172.481, based on the five-day average volume weighted price prior to December 1, 2025 [3] Company Overview - NORBIT ASA is a global provider of tailored technology solutions, focusing on sustainability and innovation across three business segments: Oceans, Connectivity, and Product Innovation & Realization [5] - The Oceans segment offers technology solutions for global maritime markets, while the Connectivity segment provides wireless solutions for identification, monitoring, and tracking [5] - The Product Innovation & Realization segment delivers R&D services, proprietary products, and contract manufacturing to key customers [5] - The company is headquartered in Trondheim, employs around 650 people, and has manufacturing facilities in Europe and North America [5]
NORBIT ASA - Mandatory notification of trade by primary insider
Globenewswire· 2025-11-21 11:41
Core Insights - Mifi AS, owned by Finn Haugan, has acquired 6,500 shares of NORBIT ASA at an average price of NOK 169.69 per share, increasing his total holdings to 100,498 shares [1] Company Overview - NORBIT ASA is a global provider of tailored technology solutions aimed at addressing specific applications and promoting sustainability through innovative solutions [2] - The company operates in three business segments: Oceans, Connectivity, and Product Innovation & Realization [2] - The Oceans segment focuses on technology solutions for global maritime markets, while the Connectivity segment offers wireless solutions for identification, monitoring, and tracking [2] - The Product Innovation & Realization segment provides R&D services, proprietary products, and contract manufacturing [2] - NORBIT is headquartered in Trondheim, has manufacturing facilities in Europe and North America, employs around 650 people, and has a worldwide sales and distribution platform [2]
NORBIT - Invitation to presentation of NORBIT's third quarter results, 13 November 2025
Globenewswire· 2025-11-06 06:00
Core Insights - NORBIT will announce its third quarter results for 2025 on November 13, 2025 [1] - The interim report and presentation materials will be available on the company's website and the Oslo Stock Exchange's news site [1] - CEO Per Jørgen Weisethaunet and CFO Per Kristian Reppe will present the results at 08:00 am CET [2] Company Overview - NORBIT is a global provider of tailored technology focused on selected applications, promoting sustainability through innovative solutions [2] - The company operates in three business segments: Oceans, Connectivity, and Product Innovation & Realization [2] - The Oceans segment provides technology solutions for global maritime markets, while the Connectivity segment offers wireless solutions for identification, monitoring, and tracking [2] - The Product Innovation & Realization segment includes R&D services, proprietary products, and contract manufacturing [2] - NORBIT is headquartered in Trondheim, employs around 650 people, and has manufacturing facilities in Europe and North America [2]
Celestica (CLS) Is An “Unbelievable” Story, Says Jim Cramer
Yahoo Finance· 2025-10-31 11:51
Core Insights - Celestica Inc. (NYSE:CLS) is highlighted as a significant player in the AI ecosystem, particularly due to its partnership with Broadcom, which positions it favorably in the market [2] - Jim Cramer emphasizes that the perception of AI demand as "zero sum" is misguided, suggesting that there is ample opportunity for multiple companies to thrive in this space [2] - Celestica's stock has seen a remarkable increase of approximately 270-280%, indicating strong market performance and investor interest [2] Company Overview - Celestica Inc. provides contract manufacturing, supply chain, and various services to businesses, making it a key player in the technology supply chain [2] - The company is recognized as a preferred partner for Broadcom, which enhances its credibility and potential for growth within the AI sector [2] Market Perspective - The discussion around Celestica reflects a broader trend in the market where multiple players can coexist and succeed, countering the notion that advancements by one company necessarily detract from others [2] - There is a belief that while Celestica shows promise, other AI stocks may offer higher returns with limited downside risk, indicating a competitive landscape in AI investments [2]
NORBIT – Share issue in connection with incentive programs to employees
Globenewswire· 2025-08-19 05:00
Core Points - NORBIT ASA has approved incentive share purchase programs for eligible employees, allowing them to acquire shares at market value and receive compensation in new shares after 24 months if conditions are met [1][2] - A total of 35,075 shares will be awarded to employees who participated in the share matching program in 2023, delivered from existing treasury shares [2] - Following the share transactions, primary insiders will hold significant shares, including Peter Eriksen with 870,245 shares and Arild Søraunet with 712,011 shares [3] Company Overview - NORBIT ASA is a global provider of tailored technology solutions, focusing on sustainability and innovation across three business segments: Oceans, Connectivity, and Product Innovation & Realization [4] - The Oceans segment targets global maritime markets with specialized technology solutions, while the Connectivity segment offers wireless solutions for identification and tracking [4] - The company is headquartered in Trondheim, employs around 600 people, and has manufacturing facilities in Europe and North America [4]
NORBIT - Results for the second quarter 2025
Globenewswire· 2025-08-14 05:00
Core Insights - NORBIT reported a revenue of NOK 684.4 million in Q2 2025, marking a 63% increase compared to Q2 2024, with an EBIT of NOK 174.2 million and a margin of 25% [1] - Diluted earnings per share rose to NOK 2.06 from NOK 1.20 year-over-year [1] Segment Performance - The Oceans segment generated NOK 239.4 million in revenue, a 22% increase from Q2 2024, with an EBIT margin of 36% [2] - The Connectivity segment reported revenues of NOK 169.8 million, up 67% from the same quarter in 2024, with an EBIT margin of 32% [2] - The Product Innovation & Realization (PIR) segment achieved revenues of NOK 293.1 million, reflecting a growth of 118% from Q2 2024, driven by demand in the defense and security sector, with an EBIT margin of 20% [3] Management Commentary - CEO Per Jørgen Weisethaunet emphasized the company's commitment to delivering tailored technology across various segments, contributing to a well-diversified business model that supports profitable growth [4] - The company maintains a development-oriented mindset, focusing on preparedness and scalability to enhance growth opportunities [5] Outlook - The outlook for NORBIT is positive, with continued high activity across all business segments. The revenue target for 2025 has been raised to NOK 2.5 – 2.6 billion from NOK 2.2 – 2.3 billion, while the EBIT margin is expected to remain around 25% [6]
NORBIT - Invitation to presentation of NORBIT's second quarter and half-year result, 14 August 2025
Globenewswire· 2025-08-07 05:00
Core Insights - NORBIT will announce its second quarter results for 2025 on August 14, 2025 [1] - The interim report and presentation material will be available on the company's website and Oslo Stock Exchange's news site [1] - CEO Per Jørgen Weisethaunet and CFO Per Kristian Reppe will present the results at 09:00 am CEST [2] Company Overview - NORBIT is a global provider of tailored technology focused on selected applications, promoting sustainability through innovative solutions [2] - The company operates in three business segments: Oceans, Connectivity, and Product Innovation & Realization [2] - The Oceans segment provides technology solutions for global maritime markets, while the Connectivity segment offers wireless solutions for identification, monitoring, and tracking [2] - The Product Innovation & Realization segment includes R&D services, proprietary products, and contract manufacturing [2] - NORBIT is headquartered in Trondheim, has around 600 employees, and operates manufacturing facilities in Europe and North America [2]
NORBIT – New registered share capital
Globenewswire· 2025-05-21 19:25
Company Overview - NORBIT ASA is a global provider of tailored technology aimed at solving challenges and promoting sustainability through innovative solutions [2] - The company operates in three business segments: Oceans, Connectivity, and Product Innovation & Realization [2] - NORBIT is headquartered in Trondheim, with manufacturing facilities in Europe and North America, employing around 600 people [2] Recent Developments - On 15 May 2025, NORBIT announced a share capital increase related to the exercise of restricted stock units [1] - The share capital increase was registered on 21 May 2025, resulting in a new registered share capital of NOK 6,394,869.50, divided into 63,948,695 shares, each with a par value of NOK 0.10 [1]
NORBIT – Award and exercise of restricted stock units
Globenewswire· 2025-05-15 05:00
Core Points - The Board of Directors of NORBIT ASA has awarded a total of 135,676 restricted stock units (RSUs) to executive management based on the financial year 2024 [1] - A total of 56,615 shares will be issued at par value due to the exercise of vested RSUs, with the remaining RSUs vesting in 2026 and 2027 [1] - The new share capital of the Company will be NOK 6,394,869.50, divided into 63,948,695 shares, each with a par value of NOK 0.10 following the registration of the share capital increase [3] - The Company will purchase 57,460 shares at a price of NOK 170.20 per share to cover tax liabilities for certain executive management members [4] - The executive management's holdings post-transactions include significant shares and RSUs, with the Group CEO holding 7,139,157 shares and 38,616 RSUs [5] Company Overview - NORBIT ASA is a global provider of tailored technology solutions, focusing on sustainability and innovation across three business segments: Oceans, Connectivity, and Product Innovation & Realization [6] - The Oceans segment provides technology solutions for global maritime markets, while the Connectivity segment offers wireless solutions for identification, monitoring, and tracking [6] - The Product Innovation & Realization segment delivers R&D services, proprietary products, and contract manufacturing to key customers [6]
NORBIT - Shares of NORBIT ASA trading ex-dividend of NOK 3.00 today
Globenewswire· 2025-05-07 05:00
Company Overview - NORBIT ASA is a global provider of tailored technology focused on solving challenges and promoting sustainability through innovative solutions [2] - The company operates in three business segments: Oceans, Connectivity, and Product Innovation & Realization [2] - NORBIT is headquartered in Trondheim, with manufacturing facilities in Europe and North America, employing around 600 people [2] Dividend Announcement - From 7 May 2025, NORBIT ASA shares will be traded ex-dividend at NOK 3.00 per share [1] - The record date for the dividend is set for 8 May 2025, with payment expected around 16 May 2025 [1]