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ForexTV
1h ago
Switzerland's inflation rate witnessed a slight dip in January 2025, as the Consumer Price Index (CPI) growth slackened to 0.4%, according to the latest figures released on 13 February 2025. This marks a decrease from December 2024's CPI growth rate of 0.6%, as measured on a year-over-year comparison basis.
The deceleration reflects a softer pace of price increases across Swiss goods and services as the economy continues to adjust to varied global and domestic factors influencing inflation. January's figure, showing a 0.2 percentage point decline from the previous month, indicates moderating i ..read more
ForexTV
1h ago
According to updated figures released on February 13, 2025, Hungary's industrial output saw a larger-than-anticipated decline in December 2024. The current year-over-year indicator marked a decrease of 5.3%, expanding from the previous month's contraction of 4.2%.
This deepening in industrial output decline highlights the ongoing struggles the sector is facing, further influenced by potential external economic pressures and internal challenges. December's performance contrasts sharply with the comparative period from the previous year, signaling a noteworthy downturn.
As the industrial sector ..read more
ForexTV
1h ago
The latest Consumer Price Index (CPI) data from Switzerland reveals a continuation of the subtle downward trend, as the indicator remained unchanged at -0.1% in January 2025. This follows a similar decrease observed in December 2024, marking a period of cautious stability in the country's economic landscape.
The month-over-month comparison highlights that the CPI has maintained its negative trajectory from the previous month, reflecting ongoing subdued inflationary pressures. With the indicator stalling at -0.1% both in December and January, concerns about Switzerland's slow economic momentum ..read more
ForexTV
1h ago
In a modest yet positive turn of events, the United Kingdom's Index of Services has edged up to 0.2%, according to the latest data released on 13 February 2025. This marks an improvement from the previous figure, which had plateaued at 0.0%.
The Index of Services is a crucial indicator of the performance of the service sector, which encompasses a significant portion of the UK economy. The move from stagnation to a slight increase suggests a subtle uptick in economic activity within this sector.
Analysts remain cautiously optimistic, interpreting this incremental rise as a sign of underlying re ..read more
ForexTV
1h ago
In a startling shift, Lithuania's Producer Price Index (PPI) has dropped to -1.70% in January 2025, a significant decline from the 0.30% registered in December of the previous year. This data, updated as of February 13, 2025, highlights a notable turnaround from the previous month's figures and reflects a challenging economic landscape for the Baltic nation.
A year-over-year comparison paints a stark picture of the economic pressures faced by Lithuania. The PPI, which measures the average change over time in the prices domestic producers receive for their output, suggests a potential contracti ..read more
ForexTV
1h ago
Brings over 30 years of life sciences industry experience
Co-led the McKinsey Global Life Sciences practice
Bergen, Norway, February 12, 2025 – Cytovation ASA, a clinical stage oncology company focused on the development of its first-in-class bifunctional peptide CY-101, announces the appointment of Mr. Martin Dewhurst to its Board of Directors.
Stein Christian Mohn, Chairman of Cytovation, said: “On behalf of the Board I extend a warm welcome to Martin, who brings over 30 years of experience in the life sciences sector to help guide Cytovation through the next important phase of its develop ..read more
ForexTV
1h ago
AS Tallink Grupp will introduce the results of the fourth quarter and 12 months of 2024 in an investor webinar. All shareholders and other stakeholders are invited to join the webinar, scheduled to take place on 20 February 2025 at 12:00 (EET). The webinar will be held in English.
The financial results will be presented by the Chairman of the Management Board Paavo Nõgene and the members of the Management Board Margus Schults and Harri Hanschmidt.
We kindly ask participants to provide their questions before the webinar, latest by
11:00 am on 20 February ..read more
ForexTV
1h ago
Harvia Plc, Financial statements bulletin, 13 February 2025 at 9:00 a.m. EET
This release is a summary of Harvia Plc’s Financial statements bulletin 2024. The complete report is attached to this release as a pdf file. It is also available on Harvia’s website at https://harviagroup.com/.
Highlights of the review period
October–December 2024:
Revenue increased by 29.3% to EUR 51.0 million (39.4). At comparable exchange rates, revenue increased by 28.0% to EUR 50.4 million. Organic revenue growth was 21.7%.
Operating profit was EUR 8.4 million (9.2), making up 16.5% (23.4%) of the revenue ..read more
ForexTV
1h ago
Siili Solutions Plc, Financial statements bulletin, 1 January–31 December 2024 (unaudited)
YEAR 2024 FOR SIILI: Profitability affected by declined revenue, successful launch of the new data and AI focused strategy
Siili Solutions Plc Financial statements bulletin 13 February 2025 at 9:00 am (EET)
In 2024 we clarified our new strategy and successfully launched its implementation. We focused on strengthening our competitiveness and securing profitability in a continuously challenging market situation. However, the challenging market situation affected negatively on Siili's revenue and grow ..read more
ForexTV
1h ago
GROUP CEO’S REVIEW
The fourth quarter of 2024 marked a period of adjustment for Estonia's real estate market, with both residential and commercial sectors experiencing shifts in pricing and occupancy rates. Base interest rates were stable compare to the previous quarter and the declined Euribor had an impact on the whole market, showing in the results of Arco Vara for the second half of the year.
In the fourth quarter of 2024, Estonia's apartment market experienced an increase in transaction volumes compared to the same period in 2023, with a significant rise compared to the first six mo ..read more