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TORM announces new Distribution Policy for stronger alignment between cash generation and shareholder distributions

Today, the Board of Directors of TORM plc (“TORM”) has decided to adjust TORM’s Distribution Policy to ensure a more direct link from cash generation to shareholder distribution.   Going forward, TORM intends to distribute on a quarterly basis excess liquidity above a fixed threshold cash level as at the balance sheet day. For each quarter, the threshold cash level will be determined as the product of cash requirement per vessel and the number of owned and leased vessels in TORM’s fleet as at the balance sheet day.   Excess liquidity is determined as TORM’s readily available

Interim Report January – March 2022

Highlights for the first quarter · Sales and operating profit from product segments increased on the back of continued strong momentum for the US smokefree business. · Group sales increased by 10 percent to 4,892 MSEK (4,455). In local currencies, sales increased by 2 percent for the first quarter. · Operating profit from product segments increased by 1 percent to 2,115 MSEK (2,092). In local currencies, operating profit from product segments[1)] decreased by 7 percent for the first quarter. · Within the Smokefree segment, ZYN nicotine pouches in the US continued to gain market

Sivers Semiconductors AB (publ), Interim Report Q1, January - March 2022

First quarter 2022: · Net sales amounted to SEK 27.471 M (13.840), an increase of 98%. Net sales increased by 79% at constant currency. · Profit before depreciation and amortization (EBITDA) amounted to SEK -11.972 M (-17.771). · Adjusted EBITDA totaled SEK –17.351 M (–19.328). · Operating profit/loss (EBIT) was SEK -26.985 M (-25.802). · Profit/loss after tax amounted to SEK -18.332 M (-26.233). · Earnings per share before and after dilution was SEK -0.10 (-0.17). · Equity per share amounted to SEK 5.66 (3.29).Significant events in the first quarter: · On

Azelio interim report Q1 2022

Significant events Q1: January – March 2022 · The Board of Directors appointed Executive Vice President Jonas Wallmander as the new CEO, to succeed Jonas Eklind. Jonas Wallmander has worked at Azelio since 2011. · A project to certify the TES.POD in the US was initiated in conjunction with MMR Group, in Louisiana. The certification will ensure that the product is compliant with U.S. standards. The storage units will be adapted to the U.S. standards before installation in early fall. · Together with Khalifa University and Masdar, Azelio inaugurated the two commercial TES.POD®

HYON enters collaboration agreement with Mitsui

(Oslo, 11 May 2022) – HYON AS (HYON) enters a collaboration agreement with Japanese trading and investment company Mitsui & Co., Ltd. (Mitsui). The partnership sets the stage for large-scale development of hydrogen fueling solutions, starting with a joint feasibility study in the second half of 2022. On 10 May 2022, HYON entered a collaboration agreement with Mitsui. Together, the parties aim to venture into business opportunities related to establishing hydrogen fueling infrastructure in Europe, Asia or any other geographies with potential hydrogen demand. The agreement also opens for a

Invitation to presentation of Embracer Group’s Q4 and Year end report

Embracer Group hereby invites you to a presentation in connection with the publication of the Year End Report for the fiscal year 2021/2022 the interim report for the fourth quarter, the period January-March 2022. The report will be published at 06.00 (CET) on May 19th and available as of this time at: www.embracer.comThe presentation will be held in English by CEO Lars Wingefors and CFO Johan Ekström, and afterward, a Q&A session will follow, led by analyst Oscar Erixon from Carnegie. Date:           May 19, 2022 Time:          09:00 CET       Location:    Karlstad CCC, Tage

Record sales and increased gross margin for Devyser

"Despite a turbulent environment, we are pleased that the first quarter of 2022 has continued in the same positive direction as we saw in 2021. Both sales and gross margin set new records and we continue to transfer to direct sales in strategically chosen markets and to establish a presence in new regions.  Sales developed well in most markets and totaled SEK 30 million during the quarter, which is a new record for the company.” Fredrik Alpsten, CEO, Devyser Quarter January-March 2022 · Net sales amounted to SEK 30.4 million (22.8), corresponding to a 33.2% increase. Adjusted

Azelio presents new operational targets

Azelio has set new operational targets to better reflect the current and future operations and the ongoing commercialization of the TESPOD. The new targets replace the previous production capacity targets. As a foundation for the its operational targets, Azelio has set four important strategic initiatives: · Focus sales efforts on a fewer number of targeted and sizeable markets, while also emphasising the importance of its heat offer. · Prioritize data validation from systems operating under actual field conditions. · Gain certification for the US market. · Implement a cost

Interim report January – March 2022

PRICES OF RAW MATERIAL CONTINUES TO RISE - LOWER VOLUMESJANUARY – MARCH 2022 · Sales volume amounted to 4,941 tonnes (6,181 tonnes) a decline by 20%. · Net sales amounted to SEK 226.7 (218.8) million, an increase by 4%. The organic increase was 1%. · Operating profit amounted to SEK 11.4 (27.6) million, a decline by 59%. The adjusted operating profit amounted to SEK 11.4 (30.8) million, a decline by 63%. · The operating margin declined to 5.0% (12.6%) and adjusted operating margin declined to 5.0% (14.1%).  · Profit for the period amounted to SEK 8.8 (21.9) million, a

Invitation to presentation of Catena Media’s Q1 results 2022

Catena Media’s interim report for the first quarter that ended 31 March 2022 will be published in English on Wednesday 18 May at 07:00 CEST. Following the release of the report a combined presentation audiocast and telephone conference with the opportunity to ask questions will be held at 09:00 CEST on the same day, with CEO Michael Daly and Group CFO Peter Messner presenting the report. The presentation audiocast will be accessible via the following link:https://tv.streamfabriken.com/catena-media-q1-2022 The presentation will also be available on the company’s website: https:/

MUNTERS APPOINTS HENRIK TEIWIK AS GROUP VICE PRESIDENT AND PRESIDENT BUSINESS AREA AIRTECH

Henrik Teiwik has been appointed Group Vice President and President for business area AirTech and will join Munters’ management team.Henrik has extensive leadership experience as CEO of Handicare Group and before that as Vice President at Alimak Group. Those roles included an IPO process, M&A processes, board assignments as well as other areas. He has previously held a number of highly qualified positions such as Associate Principal at McKinsey & Company, mainly focused on the industrial sector, with broad international experience. Henrik has lived in the US, Germany and Australia and has

Orthex Q1 2022: Sales slowed down, profitability affected by extraordinary high raw material prices

Orthex Corporation, Stock exchange release, 11 May 2022 at 9.00 a.m. EESTThis release is a summary of Orthex Corporation’s Interim report January–March 2022. The complete report is attached to this release as a pdf-file. It is also available on Orthex’s website at https://investors.orthexgroup.com/.January–March 2022 in Brief · Invoiced sales decreased by 4.2% and totalled EUR 21.5 million (22.4) · Net sales decreased by 4.9% to EUR 20.6 million (21.6) · Adjusted EBITDA was EUR 2.8 million (4.3) · EBITA was EUR 1.8 million (2.0) · Adjusted EBITA was EUR 1.8 million (3.3)

NENT Group appoints Enrique Patrickson as EVP and Chief Financial Officer

NENT Group has appointed Enrique Patrickson as EVP and Chief Financial Officer (CFO). Enrique has extensive financial, commercial and strategic experience from a wide range of international businesses. He will join the company’s Group Executive Management team, reporting to Anders Jensen, NENT Group President and CEO, and will be based in Stockholm. Enrique will lead the company’s finance function in addition to its strategy and M&A teams. Åsa Regen Jansson, currently Acting CFO , will resume her

Wallenstam AB sets record day for share split

At the Annual General Meeting of Wallenstam AB (publ) on April 26, 2022, a resolution was passed on a subdivision of the company’s shares so that each existing share will be subdivided into two shares of the same class (2-for-1 share split). The Board has now decided that the record day for the execution of the share split shall be May 24, 2022.The last day of trading in Wallenstam AB’s shares before the split is May 20, 2022. The first day of trading in Wallenstam AB’s shares after the split is May 23, 2022. Due to the split, the shares in Wallenstam AB will be traded under new ISIN codes

Quickbit publishes Q3 ‘21/22 interim report

Sales for the third quarter of ’21/22 totalled €92.1 million, which was in line with the corresponding quarter last year. This corresponded to an average daily volume (ADV) of €1.0 million, which was largely impacted by activity and demand with our merchants. In parallel, the gross margin was 4.0%, which is the current target margin for Quickbit Affiliate. Despite the geopolitical uncertainty in the quarter, we have focused on new product launches and continued geographic expansion. While Quickbit has no presence in Russia or Belarus, we are continuing to monitor the situation.Summary of

Photocure ASA: Results for the first quarter of 2022

Oslo, Norway, 11 May 2022: Photocure ASA (OSE:PHO) today reported Hexvix[®]/Cysview[®] revenues of NOK 81.4 million in the first quarter of 2022 (Q1 2021: NOK 81.6 million), following the recent Covid-19 surge and its impact on hospital access and staffing, which affected commercial operations in January and February. Access and procedure volumes experienced a recovery in March, and the Company expects installations of Blue Light Cystoscopy (BLC) towers in the U.S. to accelerate during the second half of 2022 once Karl Storz’s new high-definition system is launched.“In the first quarter of

Readly welcomes Nicolas Adlercreutz to its Board of Directors

Readly has appointed Nicolas Adlercreutz as a new board member, following its Annual General Meeting on 10 May. Nicolas has more than 10 years’ experience as Group CFO within public and private equity companies and will bring knowledge and insights to support Readly’s path toward profitability. Viktor Fritzén and Alexandra Whelan did not stand for re-election.Nicolas Adlercreutz, age 52, is currently Group CFO for N-O-D Network of Design AB. Nicolas has more than 10 years’ experience as Group CFO from companies such as Qliro Group and Bluestep Bank and as member of the board and

TIE Kinetix: First Six Months of 2022 On Plan

Breukelen, the Netherlands – May 11, 2022 at 8 AM CEST – TIE Kinetix , a leader in 100% supply chain digitalization, announces its interim financial results for the first half year of FY 2022 today.2022 Plan: investing to accelerate growth of our 100% SaaS businessEffective October 1, 2021 management has decided to direct the Company's business model entirely to the delivery and use of its SaaS solution called FLOW. This strengthens the position of the Company as a 100% SaaS company with a focus on long term subscription contracts and annual recurring revenue. The

Calling notice for Annual General Meeting

The Board of Directors hereby calls for an Annual General Meeting to be held in Otello Corporation ASA (the "Company") on Thursday June 2, 2022, at 9:00am Norwegian time in the offices at Schjødt law-firm, Ruseløkkveien 14, Oslo, Norway. Shareholders may provide votes prior to the AGM by submission of a proxy. Proxy forms are attached the calling notice as Enclosure E. The Company has arranged for shareholders to be able to call in to the AGM and as such participate in the meeting and have the possibility to raise questions to the Company's representatives. Votes cannot be cast by

Implantica publishes Interim Report Q1, January – March 2022

SUCCESSFUL REFLUXSTOP™ MARKET ACCESS STRATEGYImplantica publishes Interim Report Q1, January – March 2022   SUCCESSFUL REFLUXSTOP™ MARKET ACCESS STRATEGY   Significant events in the first quarter of 2022   · Implantica continued during this quarter to substantially strengthen its organisation on a broad front. Since our vision is to become the world leader in smart medical implants, we embrace the fact that the talent and calibre of our people are fundamental to achieve this goal. This shared vision has attracted world-class talent from diverse leading organizations.

FlexQubes report for the first quarter 2022

FIRST QUARTER 2022 · Order intake increased by 60.1 percent to 48.0 MSEK (30.0). Adjusted for foreign exchange rate effects between the comparison periods, orders received increased by 47.6 percent. · Net sales increased by 185.4 percent to 43.5 MSEK (15.2). Adjusted for foreign exchange rate effects between the comparison periods, net sales increased by 163.8 percent. · Operating profit before depreciation (EBITDA) amounted to -4.8 MSEK (-5.0) and operating profit before financial items (EBIT) amounted to -6.0 MSEK (-6.2). · Profit before tax amounted to -6.1 MSEK (-6.3). ·

Quickbit announces changes to Group Management

Quickbit's CFO Simon Afeworki has decided to leave Quickbit to take on new challenges. Simon has been employed at Quickbit since 2019 and his last day is July 8, 2022. Quickbit has appointed Susanne Andersson as interim CFO. Susanne has extensive experience from companies with international operations in roles as CFO and Head of Investor Relations. Quickbit has initiated a recruitment process to appoint a permanent CFO“It has been my privilege to work at Quickbit. After 2.5 intense but amazing years, I have decided to accept an offer and a new challenge outside Quickbit. Quickbit has made

Interim report Q1: Strong demand in EVSE - challenging macro environment

January–March 2022 • Net sales amounted to SEK 237 million (234). Adjusted for currency effects, growth was -3 percent. • The EVSE share of net sales rose to 17 percent (11). • Adjusted EBITA declined to SEK 22 million (67), corresponding to a margin of 9.3 percent (28.7). • CTEK initiated a partnership with Polarium to develop EV and sustainable energy storage technology. CTEK’s net sales for the quarter increased 1 percent to SEK 237 million, of which EVSE sales accounted for SEK 37 million, or 17 percent. The Group’s adjusted EBITA margin declined to 9.3 percent, and was

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