European Energy A/S: Full-year 2025 report
Globenewswire· 2026-02-27 08:05
Financial Performance - In 2025, the company reported revenues of EUR 766 million, significantly higher than EUR 416 million in 2024, marking a substantial year-over-year increase [5] - EBITDA for 2025 was EUR 170 million, slightly above EUR 154 million in 2024, but below the initial guidance of EUR 200 million to EUR 300 million, primarily due to lower project sales [5] - The company expects 2026 EBITDA to range between EUR 200 million and EUR 300 million, driven by higher project sales and the rollout of Battery Energy Storage Systems (BESS) [5] Power Sales - Gross profit from energy sales reached EUR 96.1 million, up from EUR 71.1 million in the previous year, reflecting a 35% year-over-year increase [5] - The company produced 2,046 GWh of energy, a slight decrease of 2% year-over-year, impacted by curtailment of energy parks in various countries [5] Project Divestments - The company divested 19 projects totaling 1.5 GW across 8 transactions, generating EUR 157.6 million in gross profit, an increase from EUR 149.6 million the previous year [5] - The average realized gross profit margin for these divestments was 27%, consistent with historical levels [5] Construction Activity - At the end of 2025, 1.7 GW of projects were under construction, including 1,183 MW of solar, 145 MW of wind parks, and 342 MW of PtX/BESS [5] - The company grid-connected 662 MW across 14 projects during 2025, including the start of operations at the Kassø e-methanol facility [5] BESS Development - More than 7 GW of new battery capacity was under development at the end of 2025, nearly tripling from 2.4 GW the previous year [5] - 284 MW of BESS projects were under construction at the end of 2025, with 54 MW of battery capacity (equivalent to 204 MWh) connected to the grid during the year [5]
Fourth Quarter Report 2025
Globenewswire· 2026-02-27 07:45
Core Insights - Serstech faced significant challenges in 2025 due to geopolitical and macroeconomic factors, particularly the impact of tariff uncertainties which led to a halt in incoming orders for over half the year [3] - Despite lower-than-expected sales, the company achieved important strategic milestones, including the full operational status of in-house production, which is expected to improve gross margins significantly in the coming years [4] - The closure of the Romanian subsidiary has resulted in lower costs and increased R&D productivity, while the company has initiated investments in artificial intelligence to enhance product performance [5] Financial Performance - Total sales for 2025 were reported at 38.6 MSEK, a decrease from 52.3 MSEK in the previous year [7] - EBITDA for 2025 was -20.9 MSEK, compared to -1.2 MSEK in 2024, indicating a substantial decline in profitability [7] - The company reported a cash flow from operating activities of -28.0 MSEK in 2025, a significant drop from 0.6 MSEK in 2024 [7] Strategic Focus - The company plans to shift its focus from R&D to sales and marketing starting in 2026, with expectations of strong and profitable growth due to a larger sales organization and improved product performance [8] - Serstech aims for an average annual sales growth exceeding 30% through 2030, with an EBITDA margin target of over 20% by 2027 [6] - The long-term goal of achieving an 80% gross margin remains unchanged, with several steps taken towards this target [4]
Capgemini and Deutsche Telekom engineer an Open Platform for Intelligent RAN Automation
Globenewswire· 2026-02-27 07:30
Core Insights - Capgemini and Deutsche Telekom have formed a partnership to create an open platform for intelligent Radio Access Network (RAN) automation aimed at simplifying operations and enhancing network performance [1][6] Group 1: Platform Features and Benefits - The platform is designed to automate RAN deployment and operations, providing telecom operators with control through operator-defined policies [1][5] - It supports both Open RAN (O-RAN) and legacy RAN environments, allowing for incremental modernization and protecting prior investments [3][7] - The open architecture of the platform enables AI-based applications (rApps) to automate RAN functions, fostering an ecosystem that allows third-party applications [4][6] Group 2: Operational Efficiency and Innovation - The solution aims to improve network efficiency, accelerate service rollout, and reduce operational complexity while avoiding vendor lock-in [5][6] - Operators can define their own policies and automate workflows, leading to innovations such as network optimization and intelligent coverage [5][6] Group 3: Market Position and Future Plans - The platform is positioned as a multi-vendor, standards-aligned Service Management and Orchestration (SMO) solution, essential for the evolution of radio access networks [6][7] - Capgemini and Deutsche Telekom plan to showcase the solution at Mobile World Congress, highlighting its capabilities in real-time visualization and AI-driven optimization [7]
Flutter Entertainment PLC: Publication of Annual Report and Accounts 2025
Globenewswire· 2026-02-27 07:05
Core Viewpoint - Flutter Entertainment plc has published its Annual Report on Form 10-K for the financial year ended December 31, 2025, and has filed it with the U.S. Securities and Exchange Commission (SEC) [2] Group 1 - The Company has also prepared a UK annual report, which incorporates the Annual Report on Form 10-K, titled "Annual Report and Accounts 2025" [2] - A copy of the Annual Report and Accounts 2025 is available online and has been submitted to the UK National Storage Mechanism for public inspection [2][3] - The Annual Report on Form 10-K and the Annual Report and Accounts 2025 can be accessed on the Company's investor website [3]
Annual General Meeting in Heimstaden AB (publ)
Globenewswire· 2026-02-27 07:01
Core Points - The annual general meeting of Heimstaden AB is scheduled for March 27, 2026, at 10:00 a.m. CET, and will be held digitally via Inderes Oyj's Videosync platform [1] - Shareholders must be registered by March 19, 2026, and must notify the company of their participation by March 23, 2026 [2][10] Participation Requirements - Shareholders must provide their name, identity number, number of shares, and contact information when notifying participation [3] - Proxy representation is allowed, but necessary documents must be submitted by March 23, 2026 [4] - Nominee registered shareholders must re-register their shares in their own name by March 23, 2026, to participate [6] Voting Procedures - Postal voting is available, and the completed voting form must be received by the company by March 23, 2026 [9][10] - Shareholders voting by post must also notify their attendance separately to participate in the digital meeting [10] Digital Meeting Access - Participants will receive a unique link and password for the meeting, sent to the provided email or phone number [11][13] - The meeting will be conducted via the Videosync platform, requiring a compatible device and internet connection [12] Agenda Items - The agenda includes the election of the chairperson, approval of the annual report, and resolutions regarding the allocation of the company's results [21] - The board proposes no dividend distribution for the financial year 2025, with available funds to be carried forward [24] - Shareholder proposals include changes to the board's composition and the presentation of reports in Swedish [30][34] Board and Auditor Proposals - The main shareholder proposes a board of four members with no deputies, while another shareholder proposes seven members [25] - The board recommends re-electing Ernst & Young Aktiebolag as auditors [32] Fees and Compensation - Proposed fees for board members total SEK 2,150,000, with specific amounts allocated for the chairperson and other members [33][38]
DIGITALIST GROUP’S FINANCIAL STATEMENT RELEASE, 1 JANUARY–31 DECEMBER 2025
Globenewswire· 2026-02-27 07:00
Core Insights - The year 2025 has been characterized by stabilization and gradual improvement for Digitalist Group, with enhanced operational discipline and improved earnings despite cautious market conditions in the Nordics [3] Financial Performance - In Q4 2025, turnover was EUR 4.1 million, a decrease of 11.9% compared to Q4 2024, while the full year turnover reached EUR 16.5 million, reflecting a growth of 2.3% from EUR 16.2 million in 2024 [4][15] - EBITDA for the full year improved to EUR -1.0 million from EUR -1.5 million in 2024, and EBIT improved to EUR -1.6 million from EUR -2.0 million [4][20] - Net income for the year was EUR -4.6 million, an improvement from EUR -5.0 million in 2024, with earnings per share at EUR -1.67 compared to EUR -1.72 in the previous year [20] Operational Developments - The company has focused on building its applied AI offering, with the Stacken platform moving from pilot projects to broader client engagements, and has received ISO/IEC 42001 certification for its AI operations [6] - The headcount decreased to 118 employees at year-end, down from 122, reflecting a strategy to align capacity with demand while maintaining core competencies [7] Market Dynamics - Sweden remains the largest market for the company, with both Finnish and Swedish operations showing slight growth in EUR terms, although Finland outperformed in revenue growth despite challenging conditions [5] - The uncertain economic environment has led to longer decision cycles and constrained client budgets, impacting project initiation [16] Future Outlook - For 2026, the company anticipates improvements in turnover and EBITDA compared to 2025, with a focus on disciplined operations and the development of scalable AI-driven services [10][12]
Apranga Group interim information for 12 months of 2025
Globenewswire· 2026-02-27 07:00
Core Insights - Apranga Group's retail turnover for the 12 months of 2025 reached EUR 371.7 million, reflecting a year-on-year increase of 4.9% [1] - The unaudited consolidated profit before income tax for Apranga Group was EUR 20.1 million in 2025, compared to EUR 19.4 million in 2024 [1] - EBITDA for Apranga Group amounted to EUR 43.2 million in 2025, marking a 4.3% increase from the previous year [1] Financial Performance - Retail turnover (including VAT) for Apranga Group in 2025: EUR 371.7 million, up 4.9% year-on-year [1] - Profit before income tax for 2025: EUR 20.1 million, an increase from EUR 19.4 million in 2024 [1] - EBITDA for 2025: EUR 43.2 million, representing a 4.3% increase compared to 2024 [1]
Change of number of shares and votes in KDventures AB
Globenewswire· 2026-02-27 07:00
Core Insights - KDventures AB has announced changes in the number of shares and votes due to a rights issue and a directed issue of shares to guarantors [1][2]. Group 1: Share and Vote Changes - As of February 27, 2026, the total number of shares outstanding is 659,528,128, which represents a total of 682,525,477 votes [2]. - The shares are categorized into two series: 2,555,261 shares of series A with 25,552,610 votes, and 656,972,867 shares of series B with an equal number of votes [2]. Group 2: Company Overview - KDventures AB is a Nordic investment company focused on life sciences, investing in innovative pharmaceutical projects and medical technology products from leading research institutions in the Nordic region [4]. - The company aims to create value through a diversified portfolio across various stages of development, professional due diligence, and active board engagement, offering investors exposure to both listed and private life science projects with significant growth potential [4].
TEXAF CELEBRATED ITS 100TH ANNIVERSARY in 2025! / RECURRING OPERATING INCOME UP 3% / NET DIVIDEND OF EUR 1.32, UP 7.3%
Globenewswire· 2026-02-27 07:00
Core Insights - The document contains regulated information that is essential for stakeholders and investors to understand the company's current status and future outlook [1] Group 1 - The company has released a communiqué that is intended for publication, indicating a significant update or announcement [1] - The attachment referenced may contain detailed financial data or operational insights relevant to investors [1]
AB KN Energies holds a Webinar regarding unaudited financial results for the twelve months of 2025
Globenewswire· 2026-02-27 07:00
On the 27th of February 2026 at 10:00 (EET) AB KN Energies holds a conference webinar for its shareholders, investors, mass media representatives and other stakeholders. The presentation is held in English. The webinar is hosted by KN Chief Financial Officer Tomas Tumėnas who will introduce the Group’s financial results for the twelve months of 2025 and will answer the participant questions. Webinar presentation is enclosed. Tomas Tumėnas, Chief Financial Officer, +370 46 391772 Attachment KN_activity r ...