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Monthly Update – July 2024

29 August 2024 Ashoka WhiteOak Emerging Markets Trust plc (the "Company") Monthly Update – July 2024 The Company's quarterly factsheet as at 31 July 2024 is now available: https://awemtrust.com/factsheet/ The Company’s NAV was down 1.6% in July 2024, underperforming the MSCI EM index by 33bps. Key contributors for July 2024 include Awfis Space Solutions (+32.5%, leading co-working space company in India), Alibaba Group Holding (+7.8%, amongst the biggest e-commerce companies in the world), and CAMS (+23.6%, India’s largest services provider to mutual funds).   Notable

Esmaeilzadeh Holding publishes interim report for the period January - June 2024

“ We are focused on completing ongoing processes to strengthen EHAB’s balance sheet and create the conditions for the company’s next phase. Our previous goal of achieving a net asset value of 27 BSEK by the end of the fiscal year 2027 is now subordinate to our priority of adjusting the balance sheet to the current market conditions. Once these processes are completed, our ambition is to be able to present an updated strategic direction that continues to reflect our core values. The investment portfolio generally shows strong cash flows, despite certain segments being affected by a weaker

MEKO in new partnership to strengthen its sustainability efforts

MEKO strengthens its sustainability efforts through a new partnership with Worldfavor, a digital platform that enables transparent data access. The partnership aims to further improve the clarity of MEKO's supply chain, ensuring a sustainable and transparent network for suppliers, producers and employees.The goal is to cover the entire supply base, including both centrally managed suppliers and those handled locally within different business areas. This platform will enhance transparency across MEKO's operations and optimize its sustainability efforts. "We recognized the need for a

Interim Financial Report – first six months of 2024 (Q2 2024)

Company announcement from SGL Group ApS 29 August 2024 - Company announcement no. 18  Q2 2024 results: Performance in line with the market and delivered growth in volumes Today, SGL Group ApS has published its Interim Financial Report for the first six months of 2024 (Q2 2024). SGL performed in line with the market and delivered growth in volumes in Air & Ocean, materialising in higher revenue and gross profit compared to previous quarter. However, due to a challenging environment we are yet to materialise full scale in North America. · Revenue amounted to EUR 532m in Q2

Arctic Bioscience - Study de-risked by all needed patients passed 6 months, read-out expected in 4-6 weeks

Highlights H1 2024: · The HeROPA clinical trial fully recruited in January 2024 and proceeding as planned, de-risked by sufficient number of patients has passed the 6 months milestone · 6-months primary end-point read-out is expected ultimo September/early October · Recently published mode-of-action research showed positive effects on cells related to resolution of inflammation of phospholipid esters from HRO350 · Nutra revenues in H1 2024 totalling NOK 16,7 million (NOK 19,1 million). Revenue prospects for H2 2024 are positive · Booked sales and received purchase orders at

Cereno Scientific publishes the interim report for Q2 2024 (April 1–June 30)

The Board and Chief Executive Officer of Cereno Scientific AB here present the interim report for Q2 2024 (April 1–June 30).Summary of the interim report for Q2 2024 (April 1–June 30) Cereno Scientific Group · Net Sales were SEK 0 (0) · Result after financial items was SEK -21,234,039 (-10,686,053) · Earnings per share was SEK -0.08 (-0.05) before dilution and SEK -0.01 (-0.04) after dilution · The equity/assets ratio was 76.2% (95.4%) · Cash and bank balance was SEK 85,596,493 (85,291,722) Parent company · Net Sales were SEK 0 (0) · Result after financial

Interim Report for the period April – June 2024

Lecanemab authorised in Great Britain and EU re-examination in progress Events during the second quarter 2024 · BioArctic and Eisai entered into a research evaluation agreement regarding the drug candidate BAN2802 · Eisai received Fast Track designation and initiated a rolling Biologics License Application (BLA) to the FDA for subcutaneous maintenance dosing of Leqembi[®] · Eisai published sales projection for Leqembi for fiscal year 2024 (April 2024 – March 2025) of JPY 56.5 billion · The U.S. Food and Drug Administration (FDA) accepted Eisai’s Supplemental Biologics

Bonava and OBOS form partnership to develop 200 housing units in Gothenburg

Bonava has formed a partnership with OBOS Nya Hem to jointly develop the Explora block in Södra Änggården, Gothenburg. The partnership will involve the transfer by Bonava of 200 building rights to a joint venture for which it will receive a payment of SEK 65 M during the third quarter.– We are delighted to have established a structure for a long-term collaboration with OBOS Nya Hem. Together we can leverage our combined expertise and be a leading player in the development of this exciting city district. We also hope this will lead to new, similar partnerships in the future. This also means

Circle BidCo announces a recommended public cash offer of SEK 230 per share to the shareholders of Concentric

This announcement is not an offer, whether directly or indirectly, in Australia, Hong Kong, Japan, New Zealand or South Africa or in any other jurisdiction where such offer pursuant to legislation and regulations in such relevant jurisdiction would be prohibited by applicable law. Shareholders not resident in Sweden who wish to accept the Offer (as defined below) must make inquiries concerning applicable legislation and possible tax consequences. Shareholders should refer to the offer restrictions included in the section titled “Important information” at the end of this announcement and in

Greenfood’s Interim report second quarter 2024

Greenfood has released its interim report for the second quarter of 2024, delivering on strategic priorities with a 20.9% earnings growth.· Net sales for the quarter totaled SEK 1,525.6 million (1,524.4), a marginal increase of 0.1 percent, with Fresh Produce down -7.1 percent due to low business activity in food service and consumers trading down to more affordable options. Picadeli and Food Solutions maintained expected momentum, growing by 10.0 and 7.3 percent, respectively.  · Adjusted EBITDA of SEK 120.0 million (99.3) was significantly better than Q2 2023. The increase of SEK 20.

Normet Group Ltd. has published its Q2 2024 Interim Report

NORMET GROUP LTD. PRESS RELEASE 29 AUGUST 2024 AT 9:00 AM EEST Normet Group Ltd. has published its Q2 2024 Interim Report Normet Group Ltd. has published its Interim Report for 1 April – 30 June 2024 on Thursday 29 August 2024. The report is available on www.normet.com.  For more information, please contact:   Timo Koponen, Chief Financial Officer, Normet Group Ltd.  Phone: +358 40 749 2986 E-Mail: timo.koponen@normet.com      Normet is a world-leading, innovative technology company. We define the future of underground operations in mining, tunnelling, and civil

Johnny Sjöström new President and CEO of SSAB

Johnny Sjöström has been appointed President and CEO of SSAB. He is currently head of the division SSAB Special Steels. Johnny Sjöström will start his new position on October 28, 2024, succeeding Martin Lindqvist who previously announced that he is leaving the company for a board career. Johnny Sjöström has extensive experience from the industry and from international work. He has been Head of SSAB Special Steels since 2019. In that role, he has worked to develop and grow the company’s business for special steels and overseen the green transformation of SSAB’s steelwork in

Zengun Group AB (publ) Interim Report January - June 2024

“Zengun posted a strong performance and healthy orders received for the second quarter. We have a high rate of production and a stable cash position. Turnover in the quarter totalled MSEK 736 with an EBITDA of MSEK 44.” Mick Salonen, President and CEO Second quarter •         Net turnover amounted to MSEK 735.9 (693.2) •         EBITDA totalled MSEK 44.4 (28.0), corresponding to an EBITDA margin of 6.0% (4.0) •         Earnings before tax amounted to MSEK 29.5 (11.9) •         Operating cash flow amounted to an outflow of MSEK 76.9 (inflow: 30.1) •         Orders received

QLIFE HOLDING AB, Interim Report Q2, April to June 2024

Restructuring the companyFinancial summary – second quarter 2024 · Revenue in the period amounted to kSEK 39 (46). · EBITDA for the period amounted to kSEK –8,002 (-16,287), and net loss kSEK –12,979 (-22,703). · The total cash flow in the second quarter amounted to kSEK -4,809 (7,894). · Earnings per share before/after dilution for the quarter amounted to SEK -0.01 (-0.05), calculated on weighted average number of shares in the period. Significant events – second quarter of 2024 · On 4. April Qlife enters its Danish subsidiary Qlife Aps into reconstruction. Under

Strong Organic Growth & Robust Customer Pipeline

Foxway Publishes Interim Report Q2 2024   PRESS RELEASE  August 29th, 2024  In the second quarter of 2024, Foxway continued to effectively supply its growing number of customers across Europe with circular tech services. Foxway’s group revenues grew organically by 20% compared to the same quarter last year to SEK 2,036 million, despite challenging market conditions. The operational EBITDA was SEK 61.8 million in Q2 (margin of 2.9%), a result which is expected to improve in the coming quarters due to a strong customer pipeline and a reduced cost base.The Recommerce Mobile business

Publication schedule for Oriola Corporation's financial reporting in 2025

Oriola Corporation Stock Exchange Release 29 August 2024 at 8:45 a.m. EEST Publication schedule for Oriola Corporation's financial reporting in 2025 Oriola Corporation will publish its Financial Statements Release for 1 January-31 December 2024 on Tuesday 4 March 2025. The publication dates of the financial reports in 2025 are as follows: · Interim Report 1-3/2025 on Tuesday 29 April 2025 · Half-Year Report 1-6/2025 Friday 18 July 2025 · Interim Report 1-9/2025 on Thursday 30 October 2025 Oriola Corporation's Annual General Meeting is planned to be held on Wednesday 2

Censor to move to Hufvudstaden’s Kvarteret Johanna

Hufvudstaden has signed a lease agreement with Censor for a new Gothenburg office on the top floor of Kvarteret Johanna. The site is currently undergoing a major renovation and extension, and occupancy is planned for early 2026.Censor M&A provides expert advice and project management in ownership planning, change of ownership, and acquisitions. Censor has been an established player on the Nordic market for more than 20 years and is present globally through its co-ownership of Corporate Finance International. Today, Censor has offices in Gothenburg, Stockholm and Malmö and will move into

Oriola appoints Mats Danielsson as Chief Financial Officer

Oriola Corporation Stock Exchange Release 29 August 2024 at 8:30 a.m. EEST Oriola appoints Mats Danielsson as Chief Financial Officer Mats Danielsson (M. Sc. Econ.) has been appointed as Oriola’s Chief Financial Officer (CFO) and member of the Oriola Management Team as of 16 September 2024. Mats Danielsson has previously worked as CFO at ARE Oy and Paulig Group. “I am delighted to welcome Mats to the Oriola team. Mats brings extensive experience in leading and developing finance operations through strategic transformations, as well as driving profitability and managing cash flow.

Saga Pure: Second quarter 2024 financial results

(Oslo, 29 August 2024) Saga Pure ASA (Saga Pure, OSE: SAGA) reported a net profit in the second quarter 2024 of NOK 11 million, giving a return on equity of 3.3 percent year to date.  Saga Pure is, with no interest-bearing debt and a substantial cash holding, well positioned to pursue new investment opportunities going forward.  Saga Pure continues to invest in line with the broadened mandate, but with a focus on capital discipline, cautious investment approach and selective investments.For the second quarter 2024, Saga Pure reported a net profit of NOK 11 million. In the second quarter,

Nanoform Q2 report: All business targets for 2024 on track

Company Announcement Nanoform Finland Plc August 29, 2024 08:10 a.m. Finnish time / 07:10 a.m. Swedish time Nanoform Q2 report: All business targets for 2024 on track Manufacturing of GMP material in project nanoenzalutamide continues. One or several license/commercial supply agreements are expected to be signed during 2024. Our product kernel build-out progresses well. Fimea approved our new GMP QC laboratory. A preclinical development agreement was announced with Takeda. After a burst of signings in early 3Q, including multi-API non-GMP deals with both a new and an existing

Cavendish Hydrogen ASA: Second quarter 2024 financial results

(29 August 2024 – Oslo, Norway) Following the spin-off from Nel Hydrogen, Cavendish Hydrogen ASA (Cavendish, OSE:CAVEN) reported revenues as a stand-alone listed company in the second quarter of EUR 9.2 million, up 38% YoY from EUR 6.7 million. Adjusted for non-recurring costs, EBITDA was EUR -4.0 million, up 39% YoY.In the second quarter, Cavendish Hydrogen ASA (“Cavendish”) successfully completed a record-high number of seven new stations. Coupled with increased equipment sales, this generated a 38% growth compared to the second quarter last year. Quarterly highlights · Revenues

Focus on long-term growth creates setback in sales

FIRST QUARTER 2024/25 (MAY – JULY) · Net sales amounted to 18.5 (20.4) MSEK, which is a decrease of 9.5% compared with the corresponding period last year. · Operating profit amounted to -12.0 (-2.9) MSEK. The operating result amounted to -10.6 MSEK excluding currency effects of -1.4 MSEK, most of which are unrealized internal accounts receivables. · Profit/loss after tax amounted to  -9.4 (-2.9) MSEK, which resulted in earnings per share of SEK -0.49 (-0.1). · Cash flow from operating activities amounts to -10.5 MSEK (-2.6), change in working capital was -3.5 MSEK (-7.1) and

Kongsberg Automotive wins a contract extension worth over EUR 13.5 million in estimated lifetime revenue

Kongsberg, August 29, 2024: Kongsberg Automotive (KA) has secured an extension of contract worth over EUR 13.5 million in estimated lifetime revenue for KA Raufoss ABC™ System’s air couplings . The three-year contract, which starts in January 2025, is awarded by a global brake manufacturer based in Europe. The product is to be distributed to Original Equipment Manufacturers of trucks, buses and trailers. KA Raufoss, Norway along with KA Cluses, France will produce and distribute the product. "The extension of

SEB’s China Financial Index shows modest revival of the economy

SEB's China Financial Index, which measures the business outlook among northern European companies' subsidiaries in China, improved to 55.3 in June from 53.6 at the end of last year. Still, the environment remains challenging and the reading is still below the historical average of 57.7.  “The survey result is very consistent with our observations in the daily business,” says Juliette Xue Lascoux, General Manager of SEB Shanghai. “While the economy shows certain cyclical variations, there are a number of long-term structural issues remaining that undermine the business confidence. For

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