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Fortum clarifies its strategic focus and targets in response to the changed operating environment

FORTUM CORPORATION STOCK EXCHANGE RELEASE 7 FEBRUARY 2024 AT 9.00 Release category: Other information disclosed according to the rules of the Exchange As the operating environment shows increased uncertainty, reduced visibility and postponement of industrial investments, Fortum has specified its business portfolio, clarified capital allocation and set new strategic targets with measurable key performance indicators (KPIs). Launched in March 2023, Fortum’s renewed strategy with focus on the Nordics remains unchanged, as well as its strategic priorities to ‘deliver reliable clean

Fortum Financial Statements Bulletin 2023: A year of transformation and stabilising business operations - good quarterly performance with elevated power prices from cold spells in the Nordics

FORTUM CORPORATION FINANCIAL STATEMENTS BULLETIN 7 FEBRUARY 2024 AT 9:00 EET This release is a summary of Fortum’s January–December 2023 Financial Statements Bulletin. The complete report is attached to this release as a PDF file. It is also available on the company's website at www.fortum.com/investors A year of transformation and stabilising business operations - good quarterly performance with elevated power prices from cold spells in the Nordics October–December 2023, continuing operations · Comparable EBITDA was EUR 459 (774) million. · Comparable operating profit was

Aalto Energia integrates Synergi’s smart electricity app to help customers save and reduce their environmental impact

Thousands of Finnish consumers already use the Synergi smart electricity app. In partnership with Synergi, Aalto Energia is now integrating Synergi as a ready-to-use and co-branded smart electricity app to its offering.Helsinki (February 7, 2024)– Aalto Energia, a new Finnish energy company focused on delivering clean and affordable energy to consumers, announces it is integrating the “Synergi Smart Electricity” app into its offering to help its customers use electricity mostly when it is cheap and clean. Aalto Energia was founded to reform the Finnish electricity market by giving

Vestas Annual Report 2023 – A return to profitability

Vestas Wind Systems A/S, Aarhus, 7 February 2024Company announcement no. 01/2024 Summary: For the year 2023, Vestas achieved revenue of EUR 15,382m (outlook: EUR 14.5-15.5bn), with an EBIT margin before special items of 1.5 percent (outlook: 0-2 percent), and total investments[1] of EUR 823m (outlook: approx. EUR 0.8bn). The value of the combined order backlog across Power Solutions and Service increased to EUR 60.1bn. Our financial outlook for 2024 is as follows: Revenue is expected to range between EUR 16bn and 18bn, including Service revenue. Vestas expects to achieve an EBIT

Pasi Nieminen appointed as CEO of Kesla Oyj

KESLA OYJ                                             PRESS RELEASE February 7th, 2024     Pasi Nieminen appointed as CEO of Kesla Oyj The Board of Directors of Kesla Oyj has appointed Pasi Nieminen (Master of Science in Production Engineering, born 1975) as the CEO of Kesla. Nieminen will assume his new position no later than August 2024. Nieminen will join Kesla from Toyota Material Handling Europe, where he has worked in management position of the company's SAP Transformation Program in Europe. Prior to that, Nieminen served as Managing Director of Toyota Material Handling

Interim report Q4: Improved profitability and strong cash flow

October–December 2023 · Net sales amounted to SEK 240 million (257). Net sales declined 10% organically. · The EVSE share of net sales decreased to 16% (30) and amounted to SEK 38 million (77). · The gross margin increased to 53.6 percent (50.5). · Adjusted EBITA amounted to SEK 31 million (13), corresponding to a margin of 12.8% (5.0). · EBIT amounted to SEK 24 million (-4), including items affecting comparability of SEK -2 million (-10) · Loss after tax amounted to SEK -0 million (-27) and earnings per share after dilution amounted to SEK –0.01 (-0.54). ·

Lindab’s full year report January – December 2023: Lindab achieves 10 percent operating margin for Ventilation Systems

Lindab reported its highest fourth quarter ever in terms of sales. Both the operating margin and cash flow improved compared to the corresponding period previous year. For the full year, sales increased by 6 percent and the operating margin amounted to 9 percent. Ventilation Systems increased sales and reported over 10 percent operating margin for 2023. Profile Systems has adjusted the business well to changing market conditions. The operating cash flow for the full year was record strong.Fourth quarter 2023   · Net sales increased by 2 percent to SEK 3,274 m (3,223). Organic sales

Storebrand Boligkreditt AS: Interim Report Q4 2023

Storebrand Boligkreditt AS is a wholly owned subsidiary of the listed company Storebrand ASA. For information about the Storebrand Group's Q4 2023 result and balance sheet statement, please refer to the Storebrand Group Q4 2023 interim report. Storebrand Boligkreditt AS's interim report for Q4 2023 is attached.This information is subject of the disclosure requirements acc. to §5-12 vphl (Norwegian Securities Trading Act)

Storebrand Livsforsikring AS: Interim Report Q4 2023

Storebrand Livsforsikring AS is a wholly owned subsidiary of the listed company Storebrand ASA. For information about the Storebrand Group's Q4 2023 result and balance sheet statement, please refer to the Storebrand Group Q4 2023 interim report. Storebrand Livsforsikring AS's interim report for Q4 2023 is attached.This information is subject of the disclosure requirements acc. to §5-12 vphl (Norwegian Securities Trading Act)

Skanska builds jet fuel transmission systems at LaGuardia Airport in New York, USA, for USD 113M, about SEK 1.2 billion

Skanska has signed a contract with LGAFUEL LLC for the construction of the LaGuardia Airport (LGA) Jet Fuel Transmission Systems project in Queens, New York, USA. The contract is worth USD 113M, about SEK 1.2 billion, which will be included in the US order bookings for the first quarter of 2024.The project involves the construction of approximately 3,350 meters (11,000 feet) of two parallel jet fuel transmission lines, electrical and communication duct banks, below ground isolation valve vaults and cathodic protection systems. Additional work includes the modification of LaGuardia’s

Wihlborgs modernises for Nordea in Malmö

Nordea is extending its lease at Östersjön 1 on Carlsgatan in central Malmö for ten years. The premises will now be modernised and the layout improved to create an even better customer experience.The lease is for 5,500 square metres and extends for ten years, with occupancy scheduled for 1 February 2024. Among other improvements, the new layout will provide Nordea’s customers with a dedicated entrance and the customer spaces will refurbished.  The property is certified to Miljöbyggnad iDrift silver, has beehives and solar panels on the roof, and will be equipped with Wihlborgs’ own

UNION therapeutics announces full-year results for 2023

Hellerup, Denmark, February 7, 2024, – UNION therapeutics A/S (“UNION”), a privately held, clinical stage, pharmaceutical development company focused on immunology, announces full-year results for the period January 1 to December 31, 2023. 2023 has been a year of great progress for UNION with positive read-outs from two clinical studies with lead candidate orismilast, a next-generation, high potency PDE4B/D inhibitor, in psoriasis and hidradenitis suppurativa (HS). Results have been presented at leading scientific conferences and published in peer-reviewed journals. Additionally, patient

Kindred Group appoints Nils Andén as permanent CEO

Kindred Group’s Board of Directors has decided to appoint Nils Andén as permanent CEO with immediate effect after holding the interim position since May 2023.Kindred Group plc (Kindred) announces that Nils Andén has been appointed permanent CEO by the Board of Directors and enters the position with immediate effect. Nils Andén was appointed interim CEO in May 2023.   “The Board is very pleased to be able to appoint Nils as permanent CEO and that he is willing to take on the job. Nils has done an excellent job as interim CEO and is an appreciated leader with a vast knowledge of both

Hoist Finance year-end report 2023

"Hoist Finance has finished a very strong 2023. We have delivered profitable growth while implementing an extensive transformation programme. Profit before tax for the fourth quarter of SEK 265 million and full-year profit before tax of SEK 869 million shows that our new strategy and governance model is delivering. Now we continue the journey we have started - towards becoming Europe's leading credit portfolio manager", says Harry Vranjes, CEO of Hoist Finance.  Key highlights for the fourth quarter ·Profit before tax amounted to SEK 265 million, compared to SEK 5 million for

Biokraft Year-End Report 2023

YEAR-END REPORT AND FOURTH QUARTER 2023 Demanding quarter with operational challenges, yet encouraging developments in our price transformation FOURTH QUARTER 2023 IN BRIEF · Energy sold totalled 90.5 (80.0) GWh. · Total revenue, including capitalised work, increased by 28.1% to SEK 137.8 (107.6) million. · Operating EBITDA was SEK -2.5 (-4.1) million. · Profit/loss after tax was SEK -57.1 (-13.8) million. · Basic and diluted earnings per share were SEK -1.31 (-0.32). · At the end of the quarter, the order book totalled 2.1 (2.4) TWh, corresponding to a contract

Kindred Group plc – Full-year report: January – December 2023 (unaudited)

Strong performance across select markets enabled delivery on annual target Kindred Group plc – Full-year report: January – December 2023 (unaudited) Fourth quarter 2023 · Total revenue was GBP 312.9 (305.5) million, an increase of 2 per cent. · Gross winnings revenue (B2C) increased by 2 per cent to GBP 301.6 (295.1) million. · Underlying EBITDA increased by 45 per cent to GBP 56.8 (39.1) million. · Primarily as a result of the closure of North American operations, items affecting comparability amount to a negative contribution of GBP 57.6 (positive contribution of 28.5)

STOREBRAND ASA – Initiating NOK 400 million Share Buyback Program

The Board of Storebrand ASA ("the Board") has decided to continue the share buyback program today, 7 February 2024, with a tranche amounting to a maximum of NOK 400 million ("the program"). This is equivalent to approx. 0.9% of the share capital in Storebrand ASA given the last closing price of NOK 95.66. The program will end no later than 3 April 2024. On February 6, Storebrand received an approval from the Norwegian Financial Supervisory Authority (NFSA) to conduct share buybacks. The Board has decided to continue the buyback program with a tranche amounting to NOK 400 million today.

STOREBRAND ASA: Results for the fourth quarter of 2023

Solid results and capital situation lead to increasing dividends and continued buybacks Group profit [1] of NOK 947 million, and NOK 3,480 million in total for the year · The Board proposes a dividend of NOK 4.1 per share for 2023, up 11% from 2022 · The Board initiates new buyback program with target of NOK 1.5 billion in 2024 · Solvency II ratio 192% · Weak insurance quarter, driven by challenging weather and persistent high disability in Norway · Record-high assets under management NOK 1,212 billion · Strong growth in all business areas "The past year has shown

Lundbeck reached record revenue of DKK 20 billion in 2023 with strong growth momentum set to continue in 2024

Key highlights Lundbeck’s revenue increased by 9% (+8% CER[1]) to DKK 19,912 million in 2023, driven mainly by growth in the U.S. and Europe · United States: DKK 9,829 million (+8%; +11% CER) · Europe: DKK 4,628 million (+9%; +11% CER) · International Markets: DKK 4,991 million (-4%; +2% CER) The revenue of Lundbeck’s strategic brands increased by 13% (+16% CER), reaching DKK 13,733 million, representing 69% of total revenue · Rexulti[®]/Rxulti[®]: DKK 4,525 million (+16%; +20% CER) · Brintellix[®]/Trintellix[®]: DKK 4,324 million (+1%; +5% CER) · Abilify

CapMan Plc’s Notice to the Annual General Meeting

CapMan PlcStock Exchange Release7 February 2024 8:05 a.m. EET CapMan Plc’s Notice to the Annual General Meeting            Notice is given to the shareholders of CapMan Plc (“CapMan” or the “Company”) to the Annual General Meeting (the “General Meeting”) to be held on Wednesday, 27 March 2024 at 10:00 a.m. (EET) at Little Finlandia at the address Karamzininranta 4, 00100 Helsinki. The reception of persons who have registered for the meeting and the distribution of voting tickets will commence at 9:30 a.m. (EET). CapMan provides the option for shareholders to exercise their

Flex LNG - Key information relating to the cash dividend for the fourth quarter 2023

February 7, 2024 Hamilton, Bermuda   Key information relating to the cash dividend to be paid by Flex LNG Ltd. (Ticker: FLNG) for the fourth quarter 2023.   Dividend amount: $0.75 Declared currency: USD. Dividends payable to shares registered with Euronext VPS will be distributed in NOK. Last day including right: February 21, 2024 Ex-date: February 22, 2024 Record date: February 23, 2024 Payment date: On or about March 5, 2024. Due to the implementation of CSDR in Norway, dividends payable to shares registered with Euronext VPS will be distributed on or about

3D printed nanocellulose upscaled for green architectural applications

For the first time, a hydrogel material made of nanocellulose and algae has been tested as an alternative, greener architectural material. The study, from Chalmers University of Technology in Sweden and the Wallenberg Wood Science Center, shows how the abundant sustainable material can be 3D printed into a wide array of architectural components, using much less energy than conventional construction methods. The construction industry today consumes 50 percent of the world’s fossil resources, generates 40 percent of global waste and causes 39 percent of global carbon dioxide

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