VUM

Elkem's Second quarter 2023: An overall good performance in weak markets

Retrieved on: 
Friday, July 14, 2023
Carbon, Maintenance, Silicone, Tax, Thamshavn, VUM, Plant, Silicon, EBITDA, Acquisition, Depreciation, Growth, EPS, AI, NOK, Fine chemical, Renewable energy, Elkem

OSLO, Norway, July 14, 2023 /PRNewswire/ -- In the second quarter 2023, Elkem delivered an overall good result, with continued strong performance in the Silicon Products division and the Carbon Solutions division.

Key Points: 
  • OSLO, Norway, July 14, 2023 /PRNewswire/ -- In the second quarter 2023, Elkem delivered an overall good result, with continued strong performance in the Silicon Products division and the Carbon Solutions division.
  • Earnings before interest, taxes, depreciation and amortisation (EBITDA) amounted to NOK 1,039 million in the quarter, compared an all-time high EBITDA of NOK 3,924 million in second quarter last year.
  • Under these conditions, we are pleased to deliver an overall good performance in the second quarter.
  • Carbon Solutions' result is expected to remain at a good level, despite weak markets.

Elkem's Second quarter 2023: An overall good performance in weak markets

Retrieved on: 
Friday, July 14, 2023
Carbon, Maintenance, Silicone, Tax, Thamshavn, VUM, Plant, Silicon, EBITDA, Acquisition, Depreciation, Growth, EPS, AI, NOK, Fine chemical, Renewable energy, Elkem

OSLO, Norway, July 14, 2023 /PRNewswire/ -- In the second quarter 2023, Elkem delivered an overall good result, with continued strong performance in the Silicon Products division and the Carbon Solutions division.

Key Points: 
  • OSLO, Norway, July 14, 2023 /PRNewswire/ -- In the second quarter 2023, Elkem delivered an overall good result, with continued strong performance in the Silicon Products division and the Carbon Solutions division.
  • Earnings before interest, taxes, depreciation and amortisation (EBITDA) amounted to NOK 1,039 million in the quarter, compared an all-time high EBITDA of NOK 3,924 million in second quarter last year.
  • Under these conditions, we are pleased to deliver an overall good performance in the second quarter.
  • Carbon Solutions' result is expected to remain at a good level, despite weak markets.

Elkem acquires VUM to further expand customer offering in Carbon Solutions

Retrieved on: 
Friday, June 9, 2023
Carbon, ASA, Metal, Elkem, Electricity, VUM, Acquisition, Growth, Research, NOK, Retail, Aluminium, Renewable energy

OSLO, Norway, June 9, 2023 /PRNewswire/ -- Elkem ASA has acquired VUM, a Slovak producer of carbon materials.

Key Points: 
  • OSLO, Norway, June 9, 2023 /PRNewswire/ -- Elkem ASA has acquired VUM, a Slovak producer of carbon materials.
  • "With the acquisition of VUM, Elkem continues to deliver on its strategy of growth and specialisation.
  • Elkem will provide VUM with resources and best-in-class industry expertise to improve efficiency, value offering and economies of scale.
  • With the transaction complete, VUM will rebrand and operate under Elkem Carbon AS, a wholly-owned subsidiary of Elkem ASA.

Element Reports Strong First Quarter Results, Raises 2022 Revenue, Earnings, Cash Flow Guidance

Retrieved on: 
Monday, May 9, 2022
Weather, Transformation, Syndication, Original equipment manufacturer, Maintenance, Sport utility vehicle, OEM, Time, VUM, Commercial, Webcast, Cash flow, Industry, Revenue, History, MD, Ageing, Stranger-originated life insurance, IFRS, Uncertainty, Income, Efficiency, Life, Management, TCO, Growth, Effect, Surveying, Airline, Video game, Audit, Risk management, Marketing, Insurance, Life insurance, Lease, Adjustment, Element

TORONTO, May 09, 2022 (GLOBE NEWSWIRE) -- Element Fleet Management Corp. (TSX:EFN) (“Element” or the “Company”), the largest pure-play automotive fleet manager in the world, today announced strong financial and operating results for the three months ended March 31, 2022, and management raised full-year 2022 results guidance.

Key Points: 
  • Recognizing that Net Financing and Syndication revenues would be deferred because of OEM production delays, we shifted additional focus to Services revenue growth throughout 2021.
  • Element's $132 million this quarter is the most services revenue generated in the last 13 quarters.
  • Having led the organization through Transformation and its subsequent pivot to growth, I truly believe we have something quite special in Element.
  • A conference call to discuss these results will be held on Tuesday, May 10, 2022 at 8:00 a.m. Eastern Time.

BioNTech and InstaDeep Developed and Successfully Tested Early Warning System to Detect Potential High-Risk SARS-CoV-2 Variants

Retrieved on: 
Tuesday, January 11, 2022
Research, Regeneron Pharmaceuticals, EWS, Private Securities Litigation Reform Act, Algorithm, SEC, VUM, EMEA, Global health, Elanco, Infection, Artificial intelligence, AI, Cancer, Artificiality, Hoffmann-La Roche, Policy, Entrepreneurship, Technology, Eta, Intel, COVID-19, HRV, Safety, BioNTech, VOI, IHU, Deep learning, Nasdaq, Company, WHO, World Health Organization, Drug discovery, Annual report, BNTX, World, 2010–11 HRV Cup, Pierre Geneves, Escape Room, Protein engineering, RNA transfection, CB Insights, ACE2, VOC, RBD, GPU, Antibody, Severe acute respiratory syndrome coronavirus 2, Enterprise, CEO, Learning, Omicron, Risk, Immunotherapy, Medical device, Vaccine, Animal, Nvidia, Theta, Pareto, Genentech, Pfizer

The Early Warning System (EWS) developed in collaboration by BioNTech and InstaDeep is based on artificial intelligence (AI) calculated immune escape and fitness metrics.

Key Points: 
  • The Early Warning System (EWS) developed in collaboration by BioNTech and InstaDeep is based on artificial intelligence (AI) calculated immune escape and fitness metrics.
  • During the trial period, the system has identified >90% of the World Health Organization (WHO)-designated variants (Variants of Concern, VOC; Variants of Interest, VOI; Variants Under Monitoring,VUM) on average two months in advance.
  • WHO-designated variants Alpha, Beta, Gamma, Theta, Eta and Omicron were detected by the EWS in the same week its sequence was first uploaded.
  • InstaDeep has also developed collaborations with global leaders in the Artificial intelligence ecosystem, such as Google DeepMind, Nvidia and Intel.