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Part 2: Why managing product, water wastage makes sense for Ingka Group

For Ingka Group, curbing waste doesn’t stop at food. By 2030, the IKEA ambition is to be circular – built on clean, renewable energy and regenerating resources – while growing the business. Hence the aim is also to check product and water waste as well.Most of the waste Ingka Group produces comes from the IKEA Retail operations, and around half of it is packaging material. The rest is product waste, food waste and other operational waste like light bulbs. It is prioritising actions to prevent, reduce, reuse and recycle waste and landfill is always the last resort. Ingka Group produced 5

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New members of Eastnine’s Board of Directors

The Nomination Committee of Eastnine AB (publ) proposes new election of Christian Hermelin and Ylva Sarby Westman to Eastnine's Board of Directors at the Annual General Meeting on 12 May 2020. Liselotte Hjorth (Chairman), Peter Elam Håkansson and Peter Wågström are proposed for re-election. Johan Ljungberg and Nadya Wells have declined re-election.Christian Hermelin, born in 1964, was employed as CEO at Fabege AB 2007‒2019 and in other positions since 1998. Christian has more than 30 years of experience in the real estate industry and solid knowledge of urban development, planning of office

Peikko Group in 2019: Turnover EUR 231 million

  Peikko Group, a leading global supplier of slim floor structures, wind energy applications and connection technology for precast and cast-in-situ applications, reached in 2019 a record turnover of EUR 230.9 million (MEUR 224.8 in 2018). Profit before interest and taxes (EBIT) amounted to EUR 7.6 million (MEUR 7.9 in 2018).   Peikko Group 2019 2018 ChangeTurnover MEUR 230.9 MEUR 224.8 2.7%Profit before interest and taxes (EBIT) MEUR 7.6 MEUR 7.9 -3.8%Balance sheet total

US Congress must proactively prevent corruption from derailing Coronavirus response

Transparency International U.S. recommends 25 anti-corruption measures to congressional leadershipWith the U.S. Congress currently vetting a Coronavirus response package that could appropriate more than US$1 trillion, Transparency International U.S. today urged congressional leadership from both parties to include 25 targeted anti-corruption measures in the legislation. These reforms will help ensure that corruption does not slow down the response to the pandemic, prolong the suffering of Americans and those dependent on U.S. foreign aid, or undermine the economic recovery from the crisis.

Vestas secures 47 MW order in the UK

News release from Vestas Northern and Central Europe Hamburg, 23 March 2020  Vestas has secured a 47 MW wind project in Northern Ireland from ERG, one of the leading wind energy operators in the European market, that will feature 13 V112-3.45 MW turbines in 3.6 MW operating mode to maximise energy production and deliver a competitive cost of energy.    This order continues last year’s positive trend for Vestas in the UK’s post-subsidy market where it secured an order intake of more than 200 MW, confirming onshore wind energy’s increasing competitiveness in the UK.  “The

SimCorp A/S – Share buyback program

Company Announcement no. 11/2020 On February 5, 2020 SimCorp A/S announced a share buyback program in compliance with the provisions of Regulation No. 596/2014 of the European Parliament and of the Council on market abuse (the Market Abuse Regulation - MAR) and delegated legislation under MAR. In connection with the program SimCorp A/S will repurchase shares for an amount of up to EUR 10.0m, to be executed during the period from February 5, 2020 to July 31, 2020. The following transactions have been executed under the program:          Date Number of shares

QuickCool AB (Publ): Board announces delay in completing potential “Reverse Take Over” of QuickCool by Esport company GameCubed Ltd. amid economic crisis brought about by Covid 19.

Spotlight announces decision to delist QuickCool as of April 17. The timetable for the proposed Transaction has been delayed by unexpected global economic crisis brought about by Covid 19.Proposed RTO delayed   On 10 February 2020, QuickCool AB (“QuickCool”) entered into a letter of intent with Canadian Esport company CameCubed Ltd. (“GameCubed”) and its shareholders pursuant to which the shareholders of GameCubed agreed to transfer a 100% holding in GameCubed to QuickCool in exchange for newly issued QuickCool shares (the “Transaction”).  GameCubed in turn has executed a binding SPA

Electrolux Professional AB (publ) listed for trading at Nasdaq Stockholm

Electrolux Professional AB (publ) (”Electrolux Professional”) was listed on Nasdaq Stockholm today and the company’s shares of series A and series B have commenced trading. The listing of Electrolux Professional is a result of the Extraordinary General Meeting of AB Electrolux decision on February 21, 2020 to distribute all shares in Electrolux Professional to the shareholders of AB Electrolux.  “I am very pleased that Electrolux Professional’s listing date has arrived. Although we are experiencing challenging times with the global impact of the coronavirus, it is with a lot of

Solteq Plc cancels the Annual General Meeting on 1 April 2020 and postpones it to a later date

Solteq Plc, Stock Exchange Bulletin, 23 March 2020 at 10:30 am   Due to the Coronavirus (COVID-19) epidemic in Finland, the Board of Directors of Solteq Plc has decided to cancel the Annual General Meeting scheduled for 1 April 2020. The company shall convene a new meeting at a date to be confirmed later. Solteq Plc takes the Coronavirus situation seriously and does not want to jeopardise the health of employees, shareholders and other stakeholders attending the Annual General Meeting. The Annual General Meeting shall be held when the Coronavirus situation allows it. A new

Lehto Group Plc will start to repurchase the company’s own shares

Lehto Group PlcStock exchange release23 March 2020 at 10.15 a.m.Lehto Group Plc’s (”Lehto” or the “Company”) Board of Directors has on 20 March 2020 decided on the basis of the authorisation granted by the Annual General Meeting of shareholders held on 29 March 2019 to commence repurchasing the Company’s own shares. The shares shall be repurchased to meet the Company's obligations under the share-based incentive plans or for other purposes defined in the authorization of the Annual General Meeting. The share repurchases shall start on 23 March 2020, at the earliest, and end by 31 May

Steps forward in corporate responsibility taken by Gasum in 2019

The energy company Gasum promotes sustainable development in line with its strategy. Gasum has published its key corporate responsibility achievements in 2019. The company improved its customers’ access to cleaner energy in road and maritime transport, industry and energy production. Gasum’s safety and security culture underwent strong development, which resulted in many steps forward.Gasum is taking determined steps to promote sustainable development in accordance with the principles of circular economy and by providing cleaner energy solutions in the Nordic countries. The company’s

Nomination Committee proposes Torben Jørgensen for new chairman of Genovis

Genovis’ Nomination Committee proposes new election of Torben Jørgensen to serve on the Board of Directors and as Chairman of the Board at the Annual General Meeting on May 5.Torben Jørgensen was born in 1952 and is currently Chairman of the Board of Biotage AB and Atlas Antibodies AB. He also serves on the boards of Micropos AB and Intervacc AB. Previous appointments include CEO and President of Biotage AB from 2006 to 2020, Affibody AB from 2001 to 2005, Karo Bio from 2000 to 2001 and DAKO AB from 1988 to 1999.   “The Nomination Committee is pleased to be able to propose Torben

Wallenberg Clinical Scholars: SEK 60 million in funding for research physicians

This year’s Wallenberg Clinical Scholars, from Lund, Linköping and Stockholm, are aiming to find methods that slow the progression of Huntington’s disease, contribute to the development of more effective pain medication, refine the treatment of overweight, and cure rheumatoid arthritis. This is clinical research that can be of direct benefit in the healthcare system.Wallenberg Clinical Scholars each receive funding worth SEK 15 million over a five-year period, with the opportunity to extend this for an additional five years.    “The Foundation primarily supports basic research, but we

Wallenberg Clinical Scholars: SEK 60 million in funding for research physicians

This year’s Wallenberg Clinical Scholars, from Lund, Linköping and Stockholm, are aiming to find methods that slow the progression of Huntington’s disease, contribute to the development of more effective pain medication, refine the treatment of overweight, and cure rheumatoid arthritis. This is clinical research that can be of direct benefit in the healthcare system.Wallenberg Clinical Scholars each receive funding worth SEK 15 million over a five-year period, with the opportunity to extend this for an additional five years. “The Foundation primarily supports basic research, but we also

Lindab International AB (publ): Notice to attend Lindab's Annual General Meeting on April 29, 2020

The shareholders of Lindab International AB (publ) (the “Company” or “Lindab”) are hereby invited to attend the Annual General Meeting to be held at 3 pm (CEST) on Wednesday April 29, 2020 at Hotel Skansen, Båstad. Registration for the Annual General Meeting begins at 2.30 pm (CEST).Corona virus information (covid-19)Due to the recent development of the spread of the corona virus (covid-19), certain precautions have been taken for the Annual General Meeting. Measures are being extended to reduce the risk of infection spreading. · Shareholders should consider using the opportunity to

Ultra running solicitor starts her ideal job with leading legal firm in dream location

Ultra running solicitor Krystal Garnett couldn’t be in a better place today when it comes to starting her new job.   Krystal has landed her ideal role at top legal firm Cartmell Shepherd Solicitors in a part of the country she loves.   “I am so excited to get started. Cartmell Shepherd has such a good reputation, they are held in such high regard, I know they are one of the best firms to work for.   “They are clearly known for their expertise and their strength in depth across the team, with them being a larger firm. But they are also known for being a friendly team.

Amended dividend proposal for 2019

Due to the uncertainty caused by COVID-19, the Board of Directors of JM is proposing to amend the dividend for 2019. The Board of Directors of JM AB will propose to the general meeting on March 26 a dividend of SEK 6.25, while also maintaining its ambition of a total dividend of SEK 12.50 in 2020.Assuming that the global situation has stabilized and the visibility for the housing market has reasonably improved, the ambition is to convene an extraordinary general meeting later in 2020 to propose resolution on an additional dividend.JM’s business development has been stable so far in the

2cureX provides update regarding the COVID-19 impact on ongoing clinical programs

Copenhagen — March 23, 2020 — 2cureX AB (“2cureX”, NASDAQ: 2CUREX) announced today that the corona-crisis will not delay 2cureX’s intervention study where the IndiTreat test is guiding treatment of patients with metastatic colorectal cancer (ClinicalTrials.gov Identifier: NCT03251612). Patient recruitment will continue as planned and finalization of the trial is expected as previously communicated in Q3 of 2020.Vejle University Hospital has informed 2cureX that patient recruitment for the metastatic colorectal cancer trial will be upheld. The project is in its late stage and patient

Inhalation Sciences ships second fully commercialized DissolvIt module in one week

Following the historic shipment of its first commercialized DissolvIt[®] in vitro module, Inhalation Sciences has shipped a second module, to a returning pharmaceutical customer, within the same week. The customer placed the original purchase order for DissolvIt, worth 75,000 Euro (835,000 SEK), in December 2018. “We’ve long known DissolvIt was in demand” says CEO Manoush Masarrat, “this really proves it.”The latest, second commercialized module has been shipped to a long-term ISAB pharma company in Southern Europe. After ten years in development DissolvIt has been tested in many contract

Aker BP updates its investment program

Aker BP is updating its investment program and financial framework in order to secure additional financial optionality in response to the high uncertainty caused by the COVID-19 crisis.   The main changes to Aker BP’s investment program are: · Non-sanctioned field development projects are put on hold. For 2020, this represents a capex reduction of 20 percent compared to previous guidance. For 2021-22 the initial estimate is a reduction in capital spend of USD 1-2 billion · Exploration spending is reduced by 20 percent in 2020, with further significant reductions planned for 2021-

Alfa Laval wins SEK 60 million renewable energy order in Sweden

Alfa Laval – a world leader in heat transfer, centrifugal separation and fluid handling – has won an order from the energy company St1 for a process line to be installed in a new biorefinery in Sweden. The order has a value of approximately SEK 60 million and is booked in the Food Systems unit of the Food & Water Division. Deliveries are scheduled for 2021.The order includes various pieces of equipment for the new St1 biorefinery plant to be built in Gothenburg, Sweden. The equipment will remove various impurities from waste fats and oils, which later will be converted into renewable fuels.

Lindab’s Board of Directors changes dividend proposal – last year's dividend level is maintained

The Board of Directors proposes to the AGM to decide on a cash dividend of SEK 1.75 per share (1.75), which differs from SEK 3.60 per share previously communicated. The Board of Directors’ decision has been made in light of the general uncertainty created by the measures taken to slow down the spread of covid-19.Lindab increased its profits in 2019 and has a strong financial position. The previous dividend proposal reflected Lindab's solid balance sheet and strong results and the updated dividend policy from December 2019. At present, the global financial outlook is very uncertain. The

BlackRock's indirect shareholding in UPM has gone below the threshold of 5 per cent

UPM-Kymmene Corporation       Stock Exchange Release (Flagging Release)      23 March 2020 at 09:30 EET BlackRock's indirect shareholding in UPM has gone below the threshold of 5 per cent UPM-Kymmene Corporation has on 20 March 2020 received an announcement under Chapter 9, Section 5 of the Securities Markets Act, according to which BlackRock, Inc.'s indirect shareholding of UPM shares and voting rights has gone below the threshold of 5 per cent on 19 March 2020. According to the announcement, BlackRock, Inc.’s indirect shareholding in UPM has decreased to 26,393,826 shares,

Interim Report 1 September 2019 - 29 February 2020

SECOND QUARTER, DECEMBER 1, 2019 - FEBRUARY 29, 2020 IN SUMMARY · Net sales decreased to SEK 561 M (604). · Comparable sales for the Group on all national markets decreased by -11.6 percent. · Sales for comparable units in Sweden decreased by -9.4 percent, compared to the market upturn of 0.1 percent. · Operating income was SEK -52 M (-28). · Operating income, excluding IFRS 16, the new accounting standard, amounted to SEK -55 M (-28). · Profit after tax amounted to SEK -63 M (-35). · Earnings per share was SEK -0.66 (-1.02).   · Cash flow from operating activities

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