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Calibre Releases 2024 Sustainability Report, Reaffirming Commitment to Responsible Growth and Stakeholder Value
GlobeNewswire· 2025-05-20 10:30
VANCOUVER, British Columbia, May 20, 2025 (GLOBE NEWSWIRE) -- Calibre Mining Corp. (TSX: CXB; OTCQX: CXBMF) (the "Company" or "Calibre") is pleased to announce the publication of its fifth annual Sustainability Report, highlighting another year of strong economic performance and continued leadership in responsible mining practices. Darren Hall, President and Chief Executive Officer of Calibre, stated: “2024 was a transformative year for Calibre. We continued to deliver strong results while laying the found ...
Groupama has successfully carried out the issue of a subordinated debt for a principal amount of EUR 500 million
GlobeNewswire· 2025-05-20 10:24
Groupama announced the issue on 19 May 2025 of Euro-denominated Fixed Rate subordinated notes due 2035 placed with institutional investors for a principal amount of EUR 500 million. The new notes priced at MS+190, resulting in an annual coupon of 4.375%. The purpose of this transaction was to take advantage of current supportive market conditions to optimize the group’s capital structure. Investors showed significant interest with the order book more than 5 times oversubscribed. The main terms of the new is ...
H World Group Limited Reports First Quarter of 2025 Unaudited Financial Results
GlobeNewswire· 2025-05-20 10:15
Core Viewpoint - H World Group Limited reported its unaudited financial results for Q1 2025, showing a year-over-year revenue increase of 2.2% to RMB5.4 billion (US$744 million) and a significant net income growth of 35.7% to RMB894 million (US$123 million) [4][21][22]. Financial Performance - Total hotel turnover increased by 14.3% year-over-year to RMB22.5 billion in Q1 2025, with a 15.3% increase excluding Legacy-DH [4]. - Revenue from manachised and franchised hotels rose by 21.1% year-over-year to RMB2.5 billion (US$344 million) [12]. - Revenue from the Legacy-Huazhu segment was RMB4.5 billion, a 5.5% year-over-year increase, while the Legacy-DH segment saw a decline of 11.3% to RMB918 million [4][9]. Operational Highlights - As of March 31, 2025, H World operated 11,685 hotels with 1,142,158 rooms, including 11,564 hotels from Legacy-Huazhu and 121 from Legacy-DH [2][37]. - The company opened 694 hotels in Q1 2025, contributing to a total of 2,888 hotels in the pipeline [2][8]. - The average daily room rate (ADR) for Legacy-Huazhu hotels was RMB272, with an occupancy rate of 76.2% [5][6]. Cost and Expenses - Total operating costs and expenses in Q1 2025 were RMB4.4 billion, reflecting a slight increase of 0.5% year-over-year [14]. - Hotel operating costs were RMB3.6 billion, a 1.1% year-over-year increase, primarily due to a 4.2% increase in Legacy-Huazhu costs [14]. Cash Flow and Debt - Operating cash inflow for Q1 2025 was RMB580 million (US$80 million), while investing cash inflow was RMB757 million (US$103 million) [24]. - As of March 31, 2025, the company had total cash and cash equivalents of RMB8.2 billion (US$1.1 billion) and total debt of RMB5.3 billion (US$726 million) [25][24]. Future Guidance - For Q2 2025, H World expects revenue growth in the range of 1%-5%, or 3%-7% excluding Legacy-DH, with manachised and franchised revenue growth anticipated at 18%-22% [26].
Cost-Optimized PolarFire® Core FPGAs and SoCs from Microchip Technology Deliver High Performance with a 30% Lower Price Tag
GlobeNewswire News Room· 2025-05-20 10:10
Core Insights - Microchip Technology is launching PolarFire® Core FPGAs and SoCs to address rising Bill of Material (BOM) costs, optimizing performance and budgets for developers [1][3] - The new PolarFire Core devices can reduce customer costs by up to 30% by eliminating integrated serial transceivers while maintaining low power consumption and high reliability [1][2] Product Features - PolarFire Core families are designed for various markets including automotive, industrial automation, medical, communication, defense, and aerospace, featuring Single Event Upset (SEU) immunity and a quad-core, 64-bit RISC-V® microprocessor [2] - The devices are pin-to-pin compatible with the full line of PolarFire FPGAs, enhancing value for cost-sensitive applications [2] Market Context - The FPGA market is facing challenges as many manufacturers have raised prices, prompting OEMs to seek cost-effective solutions [3] - Microchip's PolarFire Core devices are positioned to provide market-leading solutions at favorable price points, addressing both price and power budget challenges [3] Development Support - PolarFire Core devices are supported by Microchip's Libero® SoC Design Suite, SmartHLS™ compiler, and VectorBlox™ Accelerator SDK, facilitating rapid RISC-V application development [4] - Compatibility with existing PolarFire FPGA and SoC development boards is emphasized to expedite silicon development [4] Availability - Information regarding pricing and purchasing can be obtained through Microchip sales representatives or their official website [5]
Nykredit announces receipts of all regulatory approvals
GlobeNewswire· 2025-05-20 10:05
Group 1 - Nykredit has received approval from the Danish Competition and Consumer Authority for its voluntary takeover offer for Spar Nord Bank A/S, marking the completion of all necessary regulatory approvals [1][2] - The offer period for the takeover will expire on 20 May 2025 at 23:59 (CEST), with Nykredit planning to announce the preliminary calculation of acceptances on 21 May 2025 [3] - The completion of the offer is still subject to the fulfillment of remaining conditions outlined in the Offer Document [2]
Nykredit Realkredit A/S has received all regulatory approvals to complete the recommended, voluntary public tender offer for Spar Nord Bank A/S - Nykredit Realkredit A/S
GlobeNewswire· 2025-05-20 10:01
Core Viewpoint - Nykredit Realkredit A/S has received all necessary regulatory approvals to proceed with its voluntary public tender offer for Spar Nord Bank A/S, with the offer price set at DKK 210.50 per share, valuing Spar Nord Bank at DKK 24.7 billion [1][3]. Group 1: Regulatory Approvals - The Danish Competition and Consumer Authority has approved Nykredit's acquisition of sole control over Spar Nord Bank, fulfilling the "Regulatory Condition" for the offer [3]. - Nykredit announced its intention to submit the voluntary public tender offer on December 10, 2024, and the offer document was published on January 8, 2025, with subsequent supplements [2][3]. Group 2: Offer Details - The offer price for Spar Nord Bank shares has been increased to DKK 210.50 per share from the initial DKK 210 [1]. - The offer period is set to expire on May 20, 2025, with a preliminary announcement regarding acceptances expected on May 21, 2025 [4]. Group 3: Future Plans - Nykredit plans to delist Spar Nord Bank from Nasdaq Copenhagen and execute a compulsory acquisition of remaining shareholders, contingent on achieving the necessary ownership interest [5]. - Following the completion of the offer, Nykredit anticipates combining Nykredit Bank A/S and Spar Nord Bank, which will further increase its ownership stake in Spar Nord Bank [5][6].
Tims China Participates in Nation-wide “Weight Management Year” Campaign with New Hot & Healthy Power Bowls
GlobeNewswire· 2025-05-20 09:19
Core Insights - TH International Limited, the exclusive operator of Tim Hortons in China, has launched its new Loaded Power Bowls nationwide, expanding its healthy lunch options [1][9] - The Loaded Power Bowls feature a "2 + 8 + 8" configuration, including two portions of protein, eight grains, and eight vegetables, catering to health-conscious consumers [2][3] - The introduction of these bowls aligns with a national health initiative in China focused on weight management, reflecting a growing consumer demand for healthier meal options [6][9] Product Details - Each Loaded Power Bowl contains 18 ingredients, including premium proteins like tuna and chicken, a variety of grains, and colorful vegetables, all freshly oven-heated to maintain flavor [2][3][4] - The bowls are offered at an accessible price point, starting from RMB 30 with discounts available, making them a value-driven choice for consumers [5][9] Strategic Positioning - Tims China is redefining the café experience by integrating warm meals with coffee offerings, positioning itself as a destination for healthy dining [10][11] - The company emphasizes a commitment to fresh and healthy eating, as evidenced by its calorie counts and grading systems for beverages, enhancing consumer awareness of dietary choices [7][11]
PONY AI Inc. Announces Unaudited First Quarter 2025 Financial Results
GlobeNewswire News Room· 2025-05-20 09:15
Core Insights - Pony.ai reported strong growth in its first quarter of 2025, with total revenues increasing by 11.6% year-over-year, driven primarily by a 200% rise in Robotaxi services revenues [2][12][16] - The company is focused on scaling up production and cost efficiency through the introduction of its seventh-generation autonomous driving system (Gen 7), which reduces bill-of-materials costs by 70% compared to its predecessor [2][5] - Strategic partnerships and regulatory advancements are key to expanding Pony.ai's market presence and operational capabilities [11][4] Financial Performance - Total revenues for Q1 2025 were US$14.0 million (RMB101.6 million), up from US$12.5 million (RMB90.8 million) in Q1 2024 [12][34] - Robotaxi services revenues reached US$1.7 million (RMB12.3 million), a significant increase of 200.3% from US$0.6 million (RMB4.4 million) in Q1 2024, with fare-charging revenues growing approximately 800% [12][34] - Operating expenses rose to US$58.4 million (RMB423.8 million) in Q1 2025, a 56.3% increase from US$37.3 million (RMB270.5 million) in Q1 2024, primarily due to investments in Gen 7 mass production [14][34] Technological Advancements - The Gen 7 Robotaxi system is designed for enhanced safety and reliability, featuring a 100% automotive-grade autonomous driving kit [5] - Pony.ai's proprietary AI model, PonyWorld, generates over 10 billion kilometers of testing data weekly, contributing to significant safety improvements and operational efficiency [5] - The company achieved a milestone with its Gen 7 Robotaxis, being the first to achieve full-scenario Level 4 autonomous driving on automotive-grade chips [2][5] Market Expansion - Pony.ai has expanded its operational footprint to over 2,000 square kilometers across major Chinese cities, significantly larger than San Francisco [5] - The company secured China's first fully driverless commercial Robotaxi license in Shenzhen, marking a significant regulatory achievement [5] - A strategic partnership with Tencent's Weixin platform aims to enhance user access to Pony.ai's services, tapping into a vast user base in China [5][11] Cash Flow and Balance Sheet - As of March 31, 2025, cash and cash equivalents totaled US$738.5 million (RMB5,359.1 million), down from US$825.1 million as of December 31, 2024, primarily due to R&D investments [20][34] - The net cash used in investing activities was US$93.3 million (RMB677.1 million) in Q1 2025, compared to US$54.3 million provided by investing activities in Q1 2024 [20][36]
STG Global Finance B.V. – Interim Report of Scandinavian Tobacco Group A/S
GlobeNewswire· 2025-05-20 09:12
Core Insights - Scandinavian Tobacco Group A/S published its interim report for the period of 1 January to 31 March 2025, indicating ongoing financial performance and operational updates [1]. Company Information - The Annual Report and company announcement related to the published reports are accessible on the company's investor relations website [1]. - Contact information for the Investor Relations team is provided, including names and phone numbers for inquiries [2].
Banco Comercial Português, S.A. informs about telephone number to change vote preference
GlobeNewswire· 2025-05-20 08:50
Group 1 - The company Banco Comercial Português, S.A. has announced a telephone number for shareholders to change their vote preference for the upcoming Annual General Assembly in 2025 [1]