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SKF strengthens magnetic bearings offer by acquiring fibre composite company

Gothenburg, 8 November 2023: SKF has signed an agreement to acquire 2C Composites, a German high-performance fibre composite supplier. Through the acquisition, SKF will secure the supply of a leading and unique technology of composite layers which will strengthen the Group’s magnetic bearings offer. 2C Composites produces tubes, rotors, rolls and braided sleeves by braiding, cutting, and melting both carbon and ceramic fibres in self-developed machineries. The products are used in various applications, for example in the high-speed electric motor industry. Frédéric Ponson, Director,

Reminder of Expiration of the Offer Period for T-C Storage Holdco AB’s Recommended Voluntary Cash Offer to Acquire All of the Outstanding Shares in Self Storage Group ASA

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, INTO OR WITHIN CANADA, AUSTRALIA, NEW ZEALAND, SOUTH-AFRICA, HONG KONG, JAPAN OR ANY OTHER JURISDICTION IN WHICH THE DISTRIBUTION OR RELEASE WOULD BE UNLAWFUL Oslo, 8 November 2023 – Reference is made to the offer document dated 11 October 2023 (the “Offer Document”) for the recommended voluntary offer (the “Offer”) by T-C Storage HoldCo AB (the “Offeror”) to acquire all of the issued and outstanding shares (the “Shares”) in Self Storage Group ASA (the “Company”, OSE: SSG) for NOK 40 per Share. The

Tele2 enables sustainable forestry with AirForestry and Nokia 5G Private Wireless

Stockholm – Tele2 AB ("Tele2") (Nasdaq Stockholm: TEL2 A and TEL2 B) together with Nokia delivers a 5G private mobile 5G network to AirForestry to be able to mobile control their six-meter wide electric drones that enable harvesting and thinning of the forest from the air.  AirForestry develops high-capacity drones for forest thinning. With their electric harvester drones it is possible to thin and harvest forests from the air without damaging the ground or surrounding trees. In order for the drones to be able to communicate with the

Photocure ASA: Results for the third quarter of 2023

Oslo, Norway, 8 November 2023 - Photocure ASA (OSE:PHO) today reported Hexvix[®]/Cysview[®] revenues of NOK 107.3 million in the third quarter of 2023 (Q3 2022: NOK 96.9 million), and an EBITDA of NOK 3.3 million (NOK 4.7 million) for the company. Photocure refines its guidance ranges for 2023: The Company continues to expect 65-75 new Saphira™ blue light tower installations assuming delivery of an anticipated large purchase order in Q4; consolidated product revenue growth in the range of 17-20% including the impact of FX and the ongoing flexible BLC phase down; and positive EBITDA

FlexQubes report for the third quarter 2023

THE PERIOD 1 JANUARY – 30 SEPTEMBER 2023 · Order intake decreased by 40.1 percent to 83.7 MSEK (139.7). Adjusted for foreign exchange rate effects between the comparison periods, order intake decreased by 45.0 percent. · Net sales decreased by 46.5 percent to 83.5 MSEK (156.0). Adjusted for foreign exchange rate effects between the comparison periods, net sales decreased by 49.7 percent. · Operating profit before depreciation (EBITDA) amounted to -46.9 MSEK (0.7) and operating profit before financial items (EBIT) amounted to -51.0 MSEK (-2.8). · Profit before tax amounted to -

Bubbleroom launches an effortless online checkout experience with Avarda and Ingrid

Bubbleroom, one of Scandinavia's biggest and fastest growing online fashion retailers, has successfully launched an integrated online checkout solution, developed by the Nordic white-label payment provider Avarda in a strategic partnership with the delivery experience platform Ingrid, in three Nordic markets. The ideal checkout experience hinges on clarity and simplicity. Long and confusing user flows, generic and duplicate address forms, limited delivery alternatives and payment methods can ultimately turn online shoppers away once they reach the last step, resulting in high

Weathernews and Dataloy go live with unique weather integration for Smarter Voyage Management

As Part Of Their Collaborative Data Integration, Weathernews Inc And Dataloy Systems AS Are Pleased To Introduce An Integrated Solution To Refine Voyage Management Based On Unique Weather Data. This Integration Combines Weathernews' Comprehensive Historical Seasonal Routes And Sea Margins With Dataloy Systems’ Innovative Voyage Management System (VMS) – Providing Streamlined Access To Critical Data, Error Reduction, Increased Efficiency, And A Focus On Enhancing Voyage Quality And Profitability. This Data Integration Milestone Represents A Significant Stride Toward More Effective Voyage

Ratos takes an additional step in its investment in Nordic infrastructure and launches the Expin Group brand with Robert Röder as CEO

Ratos is now gathering its operations within rail infrastructure under the Expin Group brand with Robert Röder as CEO. Expin Group will become a full-service provider of new construction, refurbishment and maintenance for all rail infrastructure owners in the Nordics. The new group structure creates better conditions for increased value generation, more transactions and more effective synergies between the companies.Robert Röder has worked in rail infrastructure for his entire working life and has spent the last 25 years in senior roles. He most recently served as CEO of NRC Group Sverige,

Vestas – Interim Financial Report, Third Quarter 2023

Vestas Wind Systems A/S, Aarhus, 8 November 2023Company Announcement no. 17/2023 Summary: Quarterly revenue of EUR 4.4bn with an EBIT margin before special items of 1.6 percent. Order intake of 4.5 GW and record-high combined order backlog of EUR 54.0bn. Full-year guidance narrowed. In the third quarter of 2023, Vestas generated revenue of EUR 4,353m – an increase of 11.2 percent compared to the year-earlier period. EBIT before special items amounted to EUR 70m, resulting in an EBIT margin before special items of 1.6 percent, compared to (3.2) percent in the third quarter of 2022.

Karnov Group reports third quarter results 2023

Launch of AI driven innovation and progress in integrationFinancial highlights third quarter · Organic growth (constant currency) was 0.2% in the quarter. The organic growth was 7.6% adjusted for the one-off sales of school publications of SEK 18 m in Region North in Q3 2022. · The Group’s net sales increased by 135.1% to SEK 619 m (actual 263 proforma* 567). Acquired growth contributed with 129.7%. Currency effect was 5.2%. · The Group’s adjusted EBITA amounted to SEK 116 m (actual 93, proforma* 106) with adjusted EBITA margin of 18.7% (actual 35.3%, proforma 18.7%). · Net

Nitro Games signs approx. 9M EUR Agreement with Netflix

Nitro Games has signed a Game Development and Publishing Agreement (“Agreement”) with Netflix for an unannounced game project.With this Agreement, Nitro Games provides Netflix with multiplatform game development and post-launch live services for an unannounced game project based on an undisclosed IP. This Agreement follows Nitro Games’ strategy, where in addition to developing games based on its own IP, the company also offers its services to selected customers. The total order value of this Agreement is approx. 9 million EUR. The project is expected to be completed in 2026. This

Lundbeck's revenue in the first nine months of 2023 climbed to DKK 15 billion

Key highlights Lundbeck’s revenue increased by 10% (+9% CER[1]) to DKK 14,934 million in the first nine months of 2023, driven mainly by growth in the U.S. and Europe · United States: DKK 7,317 million (+11%; +13% CER) · Europe: DKK 3,454 million (+10%; +11% CER) · International Markets: DKK 3,926 million (-2%; +3% CER) The revenue of Lundbeck’s strategic brands increased by 14% (+16% CER), reaching DKK 10,091 million, representing 68% of total revenue · Rexulti[®]/Rxulti[®]: DKK 3,309 million (+17%; +19% CER) · Brintellix[®]/Trintellix[®]: DKK 3,207 million (+1%;

Skanska launches its updated 2023 Green Bond Framework, which enables issuance of green bonds

Skanska established its first Green Bond Framework in 2014, with an update in 2018. With the 2023 update to its framework, Skanska includes criteria from the EU Taxonomy for sustainable activities and broadens the scope to include additional categories that are needed in Skanska’s journey towards its long-term climate targets.The framework is aligned with the 2021 ICMA Green Bond Principles. S&P Global Ratings has provided a second opinion with Medium Green shading. Svenska Handelsbanken acted as advisor in updating the framework. Full details on Skanska´s Green Bond Framework and the

Interim Report Q3/2023: HKScan’s EBIT showed a clear improvement

HKScan Corporation, January-September Interim Report, 8 November 2023 at 8.30 a.m. EETHKScan’s Interim Report 1 January – 30 September 2023 July-September 2023 · HKScan’s net sales from continuing operations decreased by 1.7 per cent to EUR 459.9 (467.9) million. · The negative effect of the exchange rate change of the Swedish krona on net sales was EUR 18.4 million. At comparable exchange rates, net sales from continuing operations grew by 2.2 per cent.  · Net sales were boosted by higher sales prices than in the comparison period. Sales volume increased in the retail channel,

Saga Pure: Third quarter 2023 financial results

(Oslo, 8 November 2023) Saga Pure ASA (Saga Pure, OSE: SAGA) reported a net loss in the third quarter 2023 of NOK 11 million (Q3 2022: Loss NOK 114 million), giving a return on equity of minus 9.9 percent year to date. The negative result in the third quarter is due to a negative contribution from the associated company Heimdall Power AS (“Heimdall Power”). Net profit excluding loss from associates was NOK 23.9 million. Saga Pure continues to implement the expanded investment mandate with a focus on capital discipline and selective investments.“Saga made a profit of NOK 13.9 million on its

Toivo Group Plc’s business review 1 January–30 September 2023: Toivo’s responsiveness is visible in the figures.

Business Review, 8th November 2023 at 8:30   FINANCIAL PERIOD 1 JANUARY–30 SEPTEMBER 2023 KEY EVENTS   •        Revenue EUR 33.6 (13.3) million. •        Operating Profit EUR 7.8 million (EUR 18.0 million).  •        Contracts for building a total of 50 (302) apartments were signed during the period under review. •        76 (464) apartment start-ups during the period under review. •        330 (309) apartments were completed during the period under review   PROSPECTS FOR 2023   The company expects the operating profit for the financial year of 1 January–

Zwipe AS - Zwipe Board proposes rights issue of NOK 35 million

THIS PRESS RELEASE MAY NOT BE MADE PUBLIC, PUBLISHED OR DISTRIBUTED, DIRECTLY OR INDIRECTLY, IN OR INTO AUSTRALIA, HONG KONG, JAPAN, CANADA, NEW ZEALAND, SWITZERLAND, SINGAPORE, SOUTH AFRICA, THE UNITED STATES OR ANY OTHER JURISDICTION IN WHICH SUCH ACTIONS, WHOLLY OR IN PART, WOULD BE UNLAWFUL. THIS PRESS RELEASE DOES NOT CONSTITUTE AN OFFER TO BUY SECURITIES IN ZWIPE AS. SEE ALSO THE SECTION "IMPORTANT INFORMATION" BELOW IN THIS DOCUMENT. OSLO, NORWAY – 8 NOVEMBER 2023 - The board of directors (the "Board") of Zwipe AS ("Zwipe" or the "Company") has today, 7 November 2023, resolved to

McKinsey review: Finnish banking more profitable than in a long time

Press release, November 8, 2023 Banking profits are up, thanks to rising interest rates, but financial institutions globally need to reinvent themselves in the face of major structural and macroeconomic shifts. According to a recent review by McKinsey, banks' return on equity (ROE) is expected to rise globally to 13 percent in 2023, which means an increase compared to 12 percent the previous year. Globally, banks will also make record profits in 2023, totaling up to $1.4 trillion (€1.3 trillion). A similar development can be seen in the Finnish banking market. The

Interim Financial Report Jan-Sep 2023 Stendörren Fastigheter AB (publ)

Press release, November 8, 2023 JANUARY–SEPTEMBER 2023 (JANUARY-SEPTEMBER 2022 IN PARENTHESIS) · Rental income increased by 17% to SEK 635 million (541) and net operating income increased by 24% to SEK 509 million (412). ·  Income from property management increased by 1% to SEK 234 million (232). · Net letting during the period amounted to a total of approximately SEK 7.3 million and new lease agreements with an annual rental value of approximately SEK 97 million were signed (includes both renegotiated leases and leases with new tenants). · Lease agreements that were

Interim Report January – September 2023

“During the third quarter, G5’s financial performance continued to generate significant cash flow from our stable portfolio of games while we prepared for the global launch of a new game before the end of the year. Financially, we delivered another strong quarter as the G5 Store continued to grow, helping boost our gross margin,” said Vlad Suglobov, CEO of G5 Entertainment. “Considering a tough market climate, third quarter revenue slipped 9% in SEK and decreased 11% in USD terms in absence of new game releases. EBIT increased to SEK 22.3 M (-22.8) as we maintained our commitment to keeping

Veidekke: Q3 2023 results

Veidekke achieved revenues of NOK 10.4 billion in Q3, and a profit before tax of NOK 601 million. The group’s order book totalled NOK 40.7 billion at quarter-end. The profit per share was NOK 3.3.“Veidekke has maintained stable profitability despite increasingly challenging market conditions, and has improved both revenues and profits in the third quarter,” says Group CEO Jimmy Bengtsson. “Rising interest rates and ongoing high material costs are increasing hesitancy among clients and delaying project starts. Although we have a good overview of activity in the next 12 months, we expect

Strong year on year performance and 100 per cent completion of scheduled flights

In October, Norse Atlantic Airways continued to demonstrate strong year on year performance. The month saw an average load factor of 75 per cent, representing an increase of 15 percentage points (p.p.) year on year. During October, Norse Atlantic Airways had 102,410 passengers across 403 flights, with 83 per cent of flights arriving within 15 minutes of their scheduled arrival time and a completion rate of 100 per cent.“We are pleased that October has continued with a strong year on year performance trend cross all areas of the business and that our operational robustness, with 100 per cent

Musti Group: Possible cause of pets falling ill established: Foreign potato flakes impacting two grain-free products. Musti Group is taking action and has withdrawn the products from sale

Musti Group plc                                                                                                                             Press release 8 November 2023 8.00 Musti Group: Possible cause of pets falling ill established: Foreign potato flakes impacting two grain-free products. Musti Group is taking action and has withdrawn the products from sale in Finland, Sweden, and Norway. Last week, Musti Group withdrew the SMAAK Adult Grain-Free Fish dog food product from the market. The majority of the batch withdrawn last week was halted in stores and warehouses. Before the

Handelsbanken once again rated best by real estate customers

Handelsbanken has the most satisfied customers in the real estate sector, according to Kantar Prospera’s annual survey, Corporate Banking Real Estate 2023 Sweden. The Bank was also recently named “Business Bank of the Year” and “Sweden’s Small Enterprise Bank”.“We have put significant efforts into the development of our corporate offering and we see this as an endorsement that we are delivering real value for our customers. Long-lasting, close relationships are the central factor in our offering, and these are becoming ever more important in the context of the increasingly uncertain times

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