TAMPERE, Finland, July 03, 2025 (GLOBE NEWSWIRE) -- The energy storage facility delivered by Merus Power to Lappeenranta, Finland, has been completed and put into market use on 15 May 2025. The energy storage facility is owned by a joint venture between Ardian’s Clean Energy Evergreen Fund and the local energy provider Lappeenrannan Energia. It is one of the largest energy storage facilities in use on the Finnish electricity market with an output of approximately 38 megawatts and energy of 43 megawatt hours. The completion of the project is significant for Merus Power, as it is the largest energy storage facility manufactured by the company.
Agustín Carstens, Former General Manager of the Bank for International Settlements, and Sanjiv Bajaj Chairman of Bajaj Finserv, Also Join the Board
SINGAPORE, July 3,...
Bang & Olufsen ended the year with 4% revenue growth in Q4 and a 1% decline in local currencies for the full year, bringing total revenue to DKK 2.6bn. The gross margin continued to increase, reaching a record-high 55.8% in Q4, and 55.0% at year end. For the full year, the EBIT margin before special items was 1.0%, and free cash flow amounted to DKK 16m. Overall, the results were in line with plans and aligned with the outlook for the year.
Bang & Olufsen afsluttede året med en omsætningsvækst på 4% i 4. kvartal og et fald på 1% målt i lokal valuta for hele året, hvilket bragte den samlede koncernomsætning op på DKK 2,6 mia. Bruttomarginen fortsatte med at stige til et rekordhøjt niveau på 55,8% i 4. kvartal og 55,0% for året. For hele året udgjorde EBIT-marginen før særlige poster 1,0%, og det frie cash flow udgjorde DKK 16 mio. Overordnet set var resultatet i tråd med virksomhedens planer og på niveau med forventningerne for året.
Washington D.C, July 02, 2025 (GLOBE NEWSWIRE) -- The time for timid politics is OVER. LFG America stands unwavering and unapologetic behind President Donald Trump’s groundbreaking legislation — the “Big Beautiful Bill” — a no-excuses, no-compromise plan to restore America’s greatness, protect its borders, and unleash economic power for every patriotic American.
Union Secures Best-Ever Agreement at Largest Meat Producer in U.S.
AMARILLO, Texas, July 2, 2025 /PRNewswire/ -- Teamsters Local 577 members at Tyson Foods of...
MONTREAL, July 02, 2025 (GLOBE NEWSWIRE) -- Theratechnologies Inc. (“Theratechnologies” or the “Company”) (TSX: TH) (NASDAQ: THTX), a commercial-stage biopharmaceutical company, today announced that it has entered into a binding arrangement agreement with CB Biotechnology, LLC (the “Purchaser”), an affiliate of Future Pak, LLC (“Future Pak”), a privately held contract manufacturer, packager and distributor of pharmaceutical and nutraceutical products, whereby the Purchaser will acquire all the issued and outstanding common shares of the Company for US$3.01 per share in cash plus one contingent value right (“CVR”) per share for additional aggregate cash payments of up to US$1.19 per CVR if certain milestones as described below are achieved (the “Transaction”). The total Transaction consideration, assuming full payment of the CVRs, is US$254 million.
Washington-based critical access hospital dials into Medline's supply chain resilience and vast product portfolio
NORTHFIELD Ill., July 2, 2025 /PRNewswire/ -- Medline today announced a new Prime...
LAKEWOOD, Calif., July 2, 2025 /PRNewswire-HISPANIC PR WIRE/ -- The Water Replenishment District (WRD) has once again been recognized for its commitment to financial...
Highlights
Borr financing package to increase liquidity by $200 million, strengthening balance sheet for continued growthBruno Morand to become CEO effective September 1, 2025, following...
PITTSBURGH, July 2, 2025 /PRNewswire/ -- EQT Corporation (NYSE: EQT) plans to issue its second quarter financial and operating results news release after market...
AUSTIN, Texas, July 02, 2025 (GLOBE NEWSWIRE) -- Vital Farms (Nasdaq: VITL), a Certified B Corporation that offers a range of ethically produced foods nationwide, today announced the appointment of William B. (Billy) Cyr to its board of directors effective July 1, 2025.