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OKEA second quarter 2024 trading update

(Trondheim, 10 July 2024) OKEA ASA (OSE: OKEA) will publish its financial report for the second quarter of 2024 on Wednesday 17 July at 06:00 (CEST). This trading update is provided to summarise production and sales volumes and related topics and updates for the quarter.Second quarter 2024 production and sales   Unit Q2 2024* Q1 2024Total operating income MNOK 2,584 3,474Realised liquids price USD/boe 79.7 82.0Realised gas price USD/boe 65.7 55.1Net production

Coloreel Group AB files for bankruptcy

Coloreel Group AB, a pioneering Swedish technology company known for its instant thread dyeing technology, today announced that it has filed for bankruptcy. The decision comes after the company's inability to develop its business volume quickly enough and, related to this, secure the necessary financing.Despite many in-depth discussions with financial investors and potential industrial partners to secure additional funding, Coloreel has been unable to overcome its financial hurdles. Coloreel has aimed to transform the textile industry with unique coloring and design possibilities through

Teleste enters to an EMS partnership with Kyrel Oy

TURKU – Finland – 10 July 2024 - As a part of Teleste’s strategy execution, we have entered to an EMS-Partnership with Kyrel Oy from Finland. Through this new collaboration, Teleste aims to ensure continuous high quality, agility, and delivery reliability for our Public Safety and Mobility business unit. Kyrel is well known for its customer-centricity and reliability, values that Teleste shares. This creates a strong foundation for our partnership.  “To be able to react even smoother on the fast-changing public safety and mobility market and provide the best value for our customers, we

Invitation to Stora Enso’s Q2 2024 results webcast on 24 July 2024

STORA ENSO OYJ INVESTOR NEWS 10 July 2024 at 9:00 EESTStora Enso will publish its Q2 results and Half-year Report for January–June 2024 on Wednesday 24 July at approximately 8:30 EEST (7:30 CEST).Analysts, investors, and media are invited to participate in the webcast with a teleconference at 11:00 am EEST (10:00 CEST, 9:00 BST, 4:00 EDT) on the same day. The results will be presented by President and CEO Hans Sohlström and CFO Seppo Parvi. The presentation can be followed live via the link: https://stora-enso-oyj-q2-earnings-presentation-2024.open-exchange.net/ 

JM Interim Report January–June 2024

INCREASED SALES ON A CONTINUED CAUTIOUS MARKET· Revenue decreased to SEK 6,617m (7,598).  · Operating profit decreased to SEK 329m (676). The operating margin decreased to 5.0 percent (8.9).  · Profit before tax decreased to SEK 251m (626), and profit after tax decreased to SEK 155m (494).  · Return on equity for the past twelve months amounted to 1.1 percent (16.4).  · Earnings per share amounted to SEK 2.40 (7.50).  · Consolidated cash flow including net investment in properties amounted to SEK −285m (–351).  · The number of residential units sold increased

Orexo AB´s sustainability work ranked among top 5% by EcoVadis

Uppsala, Sweden – July 10, 2024 – Orexo AB (publ.), (STO:ORX) (OTCQX:ORXOY) announces that it has received a Gold Sustainability Rating by EcoVadis, one of the world´s most trusted provider of business sustainability ratings. The highly revered award places the company in the top 5 percent of all 70,000 businesses worldwide that are reviewed by EcoVadis each year.    This top rating is based on Orexo AB’s first year of reporting to EcoVadis and mainly includes sustainability data related to the business in Sweden, covering Group headquarters functions, R&D, Regulatory Affairs, Quality

Bravida installs cooling for the Swedish Transport Administration’s rail infrastructure throughout Sweden

Bravida has been awarded a contract by the Swedish Transport Administration regarding cooling technology along railway tracks all over the country. The assignment includes both maintenance and installation of cooling equipment. The initial duration of the agreement is three years.The Swedish Transport Administration manages a railway network with a length of more than 14,000 kilometres in Sweden. Bravida's assignment includes the replacement and new installation of cooling equipment in technical buildings, technology rooms and radio base stations along the railways, as well as maintenance

ScandiNova expands - new lease agreement with Regio to meet increased demand

ScandiNova Systems AB (“ScandiNova”) has signed a new lease agreement with Fastighets AB Regio (“Regio”) for approximately 1,700 square meters in an adjacent property in Fyrislund, Uppsala. The expansion, which increases the company's total floor space by over 40%, is a direct response to the rising demand for ScandiNova’s products.The move will take place in several stages, starting in September 2024. After the move, ScandiNova’s total floor space will amount to approximately 5,750 square meters, a significant increase from the current 4,000 square meters. The premises, located in the

Skanska replaces Livingston Avenue Bridge in Albany, NY, USA, for USD 596M, about SEK 6.3 billion

Skanska has signed a contract with the New York State Department of Transportation (NYSDOT) for the Livingston Avenue Bridge Replacement Project in Albany, New York, USA. The contract is worth USD 596M, about SEK 6.3 billion, which will be included in the US order bookings for the second quarter of 2024.The scope of the project includes the replacement of the Livingston Avenue Bridge, including the addition of a movable two-track vertical lift railroad bridge over the Hudson River to connect the cities of Albany and Rensselaer, New York. Additionally, the project includes the

Slättö enters into a joint venture with K2A and acquires 40% of a purpose-built student housing portfolio valued at SEK 3.1 billion (EUR 270 million)

A fund managed by Slättö has agreed to acquire a 40% stake in a high-quality student accommodation portfolio with assets strategically located across Sweden's university cities. The acquisition is made through a joint venture with the Swedish real estate company Knaust & Andersson Fastigheter AB (publ) (“K2A”).This marks the first investment by Slättö’s new fund in the Value-Add strategy series.   The student housing portfolio is valued at SEK 3.1 billion (EUR 270 million) and comprises 3,000 student housing units totaling 72,000 sqm lettable area. The assets have excellent locations

BlueNord Announce Second Quarter and First Half 2024 Results

Oslo, 10 July 2024: BlueNord ASA ("BlueNord" or the "Company") today published its second quarter and first half results for 2024. The second quarter of the year delivered strong operational performance which supported the overall financial performance of the Company. In addition, BlueNord reset its capital structure in the quarter enabling it to deliver its announced distributions policy once Tyra has reached plateau production, which is now expected in Q4 2024 per the Operator’s current plan. Highlights:      · Second quarter net hydrocarbon production of 24.5 mboepd, in line with

Patria Group’s Interim Report for 1 January – 30 June 2024

10 July, 2024 Patria Group’s Interim Report for 1 January – 30 June 2024: Patria’s net sales and order stock developed well in the first half year Key figures 1-6/2024 1-6/2023 2023New orders, EUR million 737.9 424.7 948.4Order stock, EUR million 2,302.0 1,876.1 1,942.9Net sales, EUR million 375.9 321.8 733.8Operating profit, EUR million 21.7 15.8 68.9Income before taxes, EUR million 17.3 14.2 64.0Equity ratio, % 33.0 39.1

Weld smarter, not harder: GF Piping Systems invites industry peers to Machine Days 2024

In exclusive overnight events, in Avesta, Sweden GF Piping Systems will showcase thermoplastic welding technologies and prefabrication solutions.Industry professionals from across the region are invited to a unique 2-day event of innovation and networking. From 26 to 29 August GF Piping Systems will host the Nordic Machine Days 2024 in three events at its newly inaugurated Service Center, a competence center for plastic jointing technology. The event will showcase a comprehensive range of thermoplastic welding methods and machines within a 700 m² exhibition space. Attendees will explore

Aker Carbon Capture ASA: Second quarter 2024 results

In the second quarter, Aker Carbon Capture ASA (“ACC ASA”) finalized a joint venture (JV) with SLB. The JV strategically combines technology portfolios, expertise, and operational platforms to support accelerated carbon capture adoption for industrial decarbonization at scale. ACC ASA booked a gain on the sale of NOK 4.9 billion and the cash position at the end of the second quarter was NOK 4.5 billion."We are immensely proud of making carbon capture a reality today with seven technology installations in progress in Norway, Denmark and the Netherlands that have the combined capacity to

YA Holding AB (publ) announces revised estimates for the group’s financial performance for the full year 2024

On 1 September 2023, the board of YA Holding AB (publ) (“YA Holding” or the “Company”) published estimates regarding the group’s financial performance for the full year 2024. YA Holding today announces revised estimates for 2024 following a more negatively than expected development of the subsidiary Arcus Utbildning & Jobbförmedling AB’s (“Arcus”) financial performance. During autumn of 2023, the market volumes for Arcus was negatively affected due to the switch to a new matching service, and during the fourth quarter of 2023, Arcus started to implement the new rehabilitation service Step

SyntheticMR announces estimated net sales of SEK 12m. (21.2) for quarter 2 of 2024 depending on organizational changes in USA. The net sales target for 2024 is therefore not expected to be achieved

The costs for the second quarter are expected to be on a par with the same period last year, which therefore also applies to the entire first half of 2024. This outcome is the result of good cost control and efficiency improvements in operations globally. All figures are preliminary and unaudited. The full interim report for the second quarter will be published on August 27, 2024, as previously announced. "We know from experience that our business sometimes has large fluctuations over the quarters. After four straight quarters of record sales, we have now been negatively affected by

Aker Solutions ASA: Transactions made under the buy-back programme

July 9, 2024 – On February 12, 2024, Aker Solutions ASA (“Aker Solutions”) announced a share buy-back program of up to NOK 500 million, with a maximum of 12.5 million shares, in the period from 12 February 2024 to 31 July 2024.DNB, acting under an irrevocable mandate from Aker Solutions, has carried out the following transactions under the buy-back program:   +--------------------+----------+-------------+-----------------------+| Date |Number of | Weighted |Total daily transaction|| | shares |average price| volume (NOK) ||

Buy-back of shares in MTG during week 27, 2024

During the period between 1 July and 5 July 2024 Modern Times Group MTG AB (publ) (LEI code 549300E8NDODRSX29339) (“MTG”) repurchased, in total, 97,822 own class B shares (ISIN code SE0018012494) under the share repurchase program initiated by the Board of Directors.The share buy-backs form a part of the share repurchase program of a maximum of 5,789,385 shares for a maximum amount of SEK 400 million, which MTG announced on 16 May 2024. The share repurchase program, which runs from 17 May 2024 up until and including 30 April 2025, is being carried out in accordance with the Market Abuse

UNITED BANKERS PLC: ACQUISITION OF OWN SHARES 09.07.2024

United Bankers Plc NOTIFICATION   09.07.2024 at 18:30   UNITED BANKERS PLC: ACQUISITION OF OWN SHARES 09.07.2024   Date 09.07.2024  Exchange transaction Buy  Share class UNITED  Amount 230  Average price/share 17.5500 EURHighest price/share 17.5500 EURLowest price/share 17.5500 EURTotal price 4,036.50  EUR        The shares held by United Bankers Plc on 09.07.2024   UNITED 11,054         On behalf of United

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