A new, easier-to-administer treatment for severe hypoglycemia has observers and investors wondering where its creators will go next.
Guardiola’s side were confirmed as champions with three matches left after Manchester United’s defeat to Leicester.
The Hong Kong government has begun the process of creating a new law to tackle the unauthorized release of personal data, or doxxing. “The current Personal Data (Privacy) Ordinance… was not intended to address the doxxing acts committed in recent years,” officials said on Tuesday as a proposal was introduced in Hong Kong’s Legislative Council. […]
An American lawyer on trial in Japan on charges related to reporting of former Nissan Chairman Carlos Ghosn’s compensation asserted his innocence Wednesday, testifying he acted legally and in Nissan's best interests. Greg Kelly, a former executive vice president at Nissan Motor Co., told the Tokyo District Court he was worried Ghosn might job-hop after taking a big pay cut in 2010, when Japan began requiring disclosures of high executive pay.
(1 October 2020 to 31 March 2021) Ambu’s revenue increased organically by 6% in Q2 and by 20% in the half year driven by the rapid growth of our Visualization business. The revenue from our portfolio of single-use endoscopes (Visualization) grew 17% on top of 69% growth last year. Full-year outlook maintained. “Halfway into the financial year, we’re in a strong position to reach our full-year expectations. As focus on infection control continues to increase, we’re building our superior ecosystem consisting of the most advanced and comprehensive single use endoscopy portfolio. We’re excited with the progress of our recent launches and we have achieved important milestones to strengthen our infrastructure, including the groundbreaking for our new single-use endoscopy plant in Mexico,” says Juan Jose Gonzalez, CEO of Ambu. Highlights for the quarterComparative figures for Q2 2019/20 are stated in brackets. Revenue for Q2 was DKK 1,001m (DKK 989m) based on organic growth of 6% (24%). Reported growth for the quarter was 1% (26%). Organic growth for the half-year was 20% (19%) with reported growth of 15% (21%).Sales in North America grew organically by 6%, while we saw organic growth in Europe of 2% and in Rest of World of 18%. Organic growth rates for the half-year were: North America 9%, Europe 34% and Rest of World 14%. Growth rates are significantly influenced by the high comparables for Q2 2019/20, which was the beginning of the first wave of the COVID-19 pandemic.Visualization achieved double-digit organic growth of 17% on top of 69% last year. For the half-year, Visualization achieved organic growth of 48% (49%).Sales of single-use endoscopes reached 379,000 units for the quarter and 749,000 units for the half-year. Sales volumes were thus up 21% and 52%, respectively, relative to last year.Anaesthesia and PMD continued to be negatively impacted by COVID-19. Anaesthesia declined by -4% (3%), and Patient Monitoring & Diagnostics (PMD) declined by -7% (-6%). For the half-year, Anaesthesia was flat at 0% (5%) and PMD declined by 5% (1%).For the aScope™ Duodeno, we have continued our commercial launch and engaged with targeted hospitals including the largest ERCP centers in the USA. The upcoming US reimbursement for inpatient single-use duodenoscopy procedures is expected to accelerate the transition to single-use products. Therefore, we have decided to strengthen our product performance by making rapid upgrades to the aScope™ Duodeno ahead of the expected inpatient reimbursement approval in October 2021. Half of the upgrades are available in the market now, and we expect the remaining upgrades to be implemented in Q4 2020/21, effectively upgrading the aScope™ Duodeno to a version 1.5.Gross margin for the quarter was 62.2% (61.4%). The gross margin for the half-year was 63.8% (60.8%) and is positively impacted by high growth in Visualization, which contributes a margin well above the average for Ambu’s portfolio.Capacity costs for the quarter totaled DKK 523m (DKK 457m), corresponding to an increase of 14%. The increase reflects our investment in commercial infrastructure and innovation activities. Capacity costs for the half-year were up 26%.EBIT for the quarter was DKK 100m (DKK 150m) with an EBIT margin of 10.0% (15.2%), while for the half-year EBIT ended at DKK 248m (DKK 243m) with a margin of 12.3% (13.9%).Net working capital-to-revenue ratio was 19% (23%) by the end of the quarter based on rolling 12-month revenue.Free cash flow before acquisitions totaled DKK -27m (DKK -89m) for the quarter and for the half-year DKK -25m (DKK -279m).Total net interest-bearing debt (NIBD) was DKK 466m (DKK 1,446m), corresponding to a leverage of 0.7 (2.6). The lowering of debt is the result of the 1.86% capital raise and the sale of treasury shares carried out in January.The outlook for the 2020/21 financial year as announced in the annual report on 11 November 2020 is unchanged and as follows: Organic growth in the range of 17-20%EBIT margin before special items in the range of 11-12%Sales of single-use endoscopes of 1.3-1.4 million units A conference call is held today, Wednesday 12 May 2021, at 10.00 (CEST). The conference is broadcast live via ambu.com/webcastQ22021. The presentation can be downloaded immediately before the conference call via the same link. To ask questions in the Q&A session, please call one of the following numbers five minutes before the start of the conference: +45 3544 5577 (DK), +44 333 300 0804 (UK), +1 631 913 1422 (US), and enter the following access code: 66323014# CONTACTS Investors Michael Højgaard, CFO, email@example.com / +45 4030 4349Nicolai Thomsen, Director, Investor Relations & Strategic Financial Planning, firstname.lastname@example.org / +45 2620 8047 MediaMikkel Trier Wagner, Director, Corporate Communications, email@example.com / +45 4191 0830 Attachment Q2 Company announcement no. 13 2020_21
German container shipper Hapag-Lloyd said on Wednesday it increased its net profit in the first quarter to 1.2 billion euros ($1.45 billion) and kept up its guidance for "clearly higher" full year earnings. "We concluded the first quarter with a very positive financial result and look back overall on a solid start to the year," said Rolf Habben Jansen, chief executive of Hapag-Lloyd, the world's number five container liner. Its net profit had slumped to 25 million euros a year ago as the coronavirus pandemic hit.
Technical problems derailed Japan's coronavirus vaccination booking system on Wednesday, compounding frustration over the government's handling of new outbreaks of infections and an inoculation drive that critics say has been woefully slow. The online system to book a vaccine crashed in many places including parts of Tokyo and the western city of Minoh because of a global problem with U.S. cloud computing vendor Salesforce.com Inc, public broadcaster NHK reported. Salesforce chief technology officer Parker Harris said on Twitter that the company was experiencing a "major disruption", later updating to say services had been mostly restored.
Comedy CentralThe Daily Show host Trevor Noah on Tuesday addressed the recent tensions in the ongoing conflict between Israel and Palestine—as much as could reasonably be done in the time it takes to boil an egg.In recent days, Israeli police clashed with Palestinians at a Jerusalem mosque, nine children were among at least two dozen people killed by Israeli airstrikes, and Gaza militants fired rockets of their own at Israel, killing three.Noah, who acknowledged that there isn’t “any TV show [that] in ten minutes is going to solve [the] Israel-Palestine [problem],” did make some keen observations.For one, as a topic that has perplexed even the world’s best diplomats, it is even harder to unravel if no one can agree on where to begin analyzing it.“If you start from ‘Israel fired rockets into Gaza,’ then Israel is the bad guy, because they’re bombing Gaza,” Noah explained. “But then you take a step back in time, and you go, ‘Well, but Hamas fired rockets at Israel.’ Then Hamas is the bad guy. But then you take a step back, and you go, ‘But the Israeli police went in and started beating people up in a mosque during Ramadan, the most holy time in the Muslim calendar.’ Well then, Israel is the bad guy.”MSNBC Host Challenges Ex-Israel Ambassador on Possible ‘War Crimes’ “And back and back and back, and who knows how far. The first cavemen who hit each other with clubs were probably Israeli and Palestinian. I don’t know.”Noah then pointed out the relative superiority of the Israeli military because of its ability to produce high-end, high-tech weapons (in part thanks to U.S. funding).“I just want to ask an honest question here,” Noah said. “If you are in a fight where the other person cannot beat you, how much should you retaliate when they try to hurt you?”“Everyone has a different answer to the question, and I’m not trying to answer the question, nor do I think I’m smart enough to solve it. All I ask is, when you have this much power, what is your responsibility?”Read more at The Daily Beast.Get our top stories in your inbox every day. Sign up now!Daily Beast Membership: Beast Inside goes deeper on the stories that matter to you. Learn more.
The budget’s affordability measures won’t lower Australia’s house prices. They weren’t designed to. There are ways to make housing cheaper for those locked out of the market, but little political will to let house prices fall
UK singer Dua Lipa won two awards and gave a message to PM Boris Johnson, at the in-person event.
Some 4,000 fans attended the O2 Arena as part of the Government pilot event.
Newen, the production-distribution unit of TF1, France’s biggest broadcast network, has acquired a minority stake in Spain’s Kubik Films, the ambitious production label owned and operated by filmmaking brothers Alberto and Jorge Sánchez-Cabezudo. It will also serve as the exclusive distribution partner for their future feature film and TV productions. “The arrival of Alberto and […]
A man who attacked a random woman with a kitchen knife while experiencing a relapse of his psychotic disorder was jailed for two years on Wednesday (12 May).
French state-controlled power group EDF said on Wednesday that talks over a restructuring of the company between France and the European Commission remained difficult, as EDF posted higher first quarter sales. The talks between France and the European Commission include the ARENH price mechanism under which competitors can get access to nuclear energy produced by EDF, and as EDF is a state-owned utility, the EU has a say on its reform on competition grounds.
UNITED NATIONS (AP) — The United Nations on Tuesday responded to the rebounding Chinese and U.S. economies by revising its global economic forecast upward to 5.4% growth for 2021, but it warned that surging COVID-19 cases and inadequate availability of vaccines in many countries threaten a broad-based recovery. In raising its projection from January of 4.7% growth, the U.N.’s mid-2021 World Economic Situation and Prospects report pointed to the rapid vaccine rollout in a few large economies led by the U.S. and China and an increase in global trade in merchandise and manufactured goods that has already reached its pre-pandemic level. But the U.N. cautioned that “this will unlikely be sufficient to lift the rest of the world’s economies,” and “the economic outlook for the countries in South Asia, sub-Saharan Africa and Latin America and the Caribbean remains fragile and uncertain.” Lead author Hamid Rashid, chief of the Global Economic Monitoring Branch in the U.N. Department of Economic and Social Affairs, told a news conference that “Europe’s outlook is not as bright as we expected” because of signs of second and third waves of COVID-19 infections. “The key challenge we face in the world right now is that infections are still rising in many parts of the world, and we are seeing new variants and new mutations affecting large populations in South Asia, also in Latin America,” he said. “That poses a significant challenge in terms of the recovery and world economic growth.” Rashid said: “Vaccination is probably right now the number one issue to put the world economy on a steady path of recovery." He noted, however, that "vaccine inequity is a serious challenge.” In normal times, he said, 5.4% would be considered a very high economic growth rate, but this year it is barely offsetting last year’s losses and growth is “very uneven and also very uncertain.” He said the U.N. expects the U.S. economy, which is very strong, to grow about 6.2% this year, “the fastest growth of the U.S. economy since 1966,” and it expects the Chinese economy to grow by about 8.2%. But he called India, Brazil, South Africa and many other developing countries “weak spots." Rashid said that in the past the growth rate of developing countries would be higher than the global average, but this year the average growth rate of many developing countries and regions is lower because of the pandemic. One of the key drivers of economic recovery has been investment, he said, with some countries like the U.S. seeing only a 1.7% drop in investment last year while some developed countries saw investment drop by 4% of GDP or even more. The $16 trillion in stimulus to counter the economic impact of the coronavirus pandemic “was much needed to avoid a complete meltdown of the global economy,” Rashid said, “but that has not led to massive increase in investment.” He warned that the “massive surges in stock market prices globally” are creating “something of a financial stability risk worldwide, and we have to be vigilant about that risk as that could also derail the recovery efforts going forward.” Rashid said the U.N.’s forecast of 5.4% growth this year is far more cautious than other international organizations, including the International Monetary Fund, which last month revised its 2021 projection upward to 6%. “We’re still optimistic about the global economy,” Rashid said, but “there are a lot of uncertainties that we underscored in our report, especially the spread of vaccination and coverage that needs to happen in the next six months to achieve that kind of growth rate that we project here.” For 2022, the U.N. forecast that the global economy will grow by about 4.7% is higher than the IMF’s projection of 4.4%. Edith M. Lederer, The Associated Press
To everyone who matters in Delhi is, their own selves are perhaps the most significant victim of this unfolding catastrophe: the word “us” and “we” have meaning only up to our front door
The laptops might come in seven colour options including blue, yellow, pink, silver, purple and green.
* Dollar index lingers near 2-1/2-month low before CPI data * Euro near 2-1/2-month high as region's outlook improves * Cryptocurrency ether hits new record high at $$4,358.38 * Graphic: World FX rates https://tmsnrt.rs/2RBWI5E By Tom Westbrook and Kevin Buckland SINGAPORE, May 12 (Reuters) - The U.S. dollar hovered near a 2-1/2-month low versus major peers on Wednesday, as traders hung on to bets that the Federal Reserve would remain steadfast in its easy policy settings ahead of data expected to show a sharp rise in annual U.S. inflation. Higher numbers might add pressure on the Fed to bring forward rate rises, a worry which has contributed to a selloff in rate-sensitive tech shares this week. Risk aversion helped a gauge of the safe-haven dollar a fraction higher to 90.278 as selling pressure persisted in stock markets, but that still left the dollar index just above key support around 89.677 and 89.206.
Gavin Lux has struggled at times as the Dodgers' everyday second baseman, but his three-run homer saved the day in the Dodgers' win over the Mariners.
PRESS RELEASE MAISONS DU MONDE FIRST QUARTER 2021: OMNICHANNEL MODEL AND DIFFERENTIATED OFFERING DELIVEROUTSTANDING SALES GROWTH NANTES – 12 May 2021, 07:45 CEST – Maisons du Monde (Euronext Paris: MDM; ISIN: FR0013153541), a European leader in affordable and inspirational household decoration and furniture, today announces its first-quarter 2021 sales. First quarter sales: €331 million: +35.8%1 (+36.6% LFL) Record online sales growth: +76%Very strong store sales growth: +19% Sales well above pre-pandemic levels: +18.1% (+11.9% LFL) vs Q1 2019 Despite uncertain environment, FY guidance fully confirmed Julie Walbaum, Chief Executive Officer, declared: “Maisons du Monde turned in an outstanding performance in the first quarter, providing another clear demonstration of the attractiveness of our brand and strength of our omnichannel model. Sales growth was driven both by an excellent performance by stores that remained opened and record online activity. The latter’s 76% growth was achieved thanks to the success of our own collections and by the continuing promising ramp-up of our selective marketplace. Given this momentum, the Group currently expects to post a solid Q2. At the same time, the H2 environment remains uncertain, given the potential impact of the ongoing pandemic on store activity and supply chain, notably in India. Despite this lack of visibility, our distinctive model and proven ability to execute our strategic priorities allow us to fully confirm our full-year guidance.” First-Quarter 2021 Activity Sales The Group’s first-quarter 2021 sales totaled €331 million, representing an outstanding increase of 35.8% (+36.6% LFL). Growth was driven by the success of collections and high consumer demand for homewares. This performance was aided by a slightly favorable comparable base as sales dropped sharply as of mid-March 2020 due to the initial round of Covid-19 related store closures. 1st quarter 2021 sales were also well above their pre-pandemic level, up 18.1% (+11.9% LFL) versus Q1 2019, reflecting the attractiveness of our sharpened in-house collections and the effectiveness of our increasingly digital model, as well as the expanded store network (+17 stores). By geography, sales in France in Q1 21 rose 42.3% to €181 million while international sales increased 28.6% to €149 million. By product line, decoration sales rose 39.3% and represented 53% of total 1st quarter sales. Furniture sales improved to €155 million, up +32.0% yoy, thanks in large part to the success of our outdoor and sofa offers. Sales of the Maisons du Monde banner rose 36.4% (+36.4% LFL) to €316 million. Modani’s sales of €13.7 million increased 21.6% while Rhinov commissions doubled to €1.2 million. Online sales Online sales leapt by 76.2% (+71.3% vs Q1 2019) to €124 million, representing a record high 37% of total Group sales. This was driven by increasing market share in the fast-growing online market in France, as a combined result of higher traffic and increased conversion rate. Our selective marketplace continues to ramp up and exceed our initial expectations. Sales were also particularly dynamic in Belgium, Germany and Switzerland. Store Sales Total 1st quarter store sales increased by 19.4% although part of the network (c. 15% on average vs c. 20% in Q1 2020) was closed throughout the quarter. 1st quarter French store sales increased by 31%, benefitting from a higher average number of stores open during the quarter (87% in Q1 2021 vs 81% in Q1 2020) and a favorable market dynamic in March, notably on furniture. International sales rose only 6% as all German stores were closed during the quarter, most Swiss stores were closed in January and February, while Belgian and Italian stores gradually closed throughout March. Store Network At 31 March 2021, Maisons du Monde’s global store network stood at 366 stores, compared to 371 at 31 March 2020 and 349 at 31 March 2019. During the 1st quarter of 2021, Maisons du Monde opened its first store in Austria, opened 2 stores in Spain, and one store each in Belgium and Switzerland. During the same period, the Group closed 3 stores in Spain and 5 in France. Total commercial space stayed broadly stable at 433,400 square meters at 31 March 2021. Q1 2021 operational milestones Launch of our 2021 furniture collections, as well as the 2021 Spring/Summer decoration collectionsContinuing ramp-up of our selective marketplaceOpening of our second “Maisons du Monde Hôtel & Suites” in MarseilleBeginning of construction of the new distribution center in northern France. 2021 commercial priorities, current activity and outlook Commercial and operational priorities For the remainder of 2021, the Group’s commercial and operational priorities, while maintaining cost and cash management discipline, are to: Keep strengthening our offering Reinforce our brand proposition and customer proximitySelectively rebuild inventories while proactively managing sourcing constraintsSustain our efforts towards environmental and social responsibilityFurther enhance our omnichannel proposition by preparing for the 2022 launch of our marketplace in the French store network and a second online market. Outlook From 1 April to 11 May 2021, about three-quarters of the European store network, including all stores in France, Belgium and Germany, were closed to the public. All stores, with the exception of those in Germany, are expected to be at least partially open by the end of next week. Q2 online order intake continues to increase, albeit at a lower rate than Q1 due to high comparable base. As a result, the Group currently expects to post a solid Q2. As the global sanitary situation remains uncertain, both in our operating and sourcing countries such as India, visibility on 2nd half activity remains limited. As a result, the Group fully confirms the 2021 guidance provided on 10 March 2021: high single-digit top line growth yoy, with a broadly unchanged number of stores at year-endan improved EBIT margin, increasing by up to 50 basis points vs 2020free cash flow above its 2020 level. Disclaimer: Forward Looking Statement This press release contains certain statements that constitute "forward-looking statements," including but not limited to statements that are predictions of or indicate future events, trends, plans or objectives, based on certain assumptions or which do not directly relate to historical or current facts. Such forward-looking statements are based on management's current expectations and beliefs and are subject to a number of risks and uncertainties that could cause actual results to differ materially from the future results expressed, forecasted or implied by such forward- looking statements. Accordingly, no representation is made that any of these statements or forecasts will come to pass or that any forecast results will be achieved. Any forward-looking statements included in this press release speak only as of the date hereof and will not give rise to updates or revision. For a more complete list and description of such risks and uncertainties, refer to Maisons du Monde’s filings with the French Autorité des marchés financiers. ***About Maisons du Monde Maisons du Monde is a creator of inspirational lifestyle universes in the homeware industry, offering distinctive and affordable decoration and furniture collections that showcase multiple styles. The Group develops its business through a complementary omnichannel approach, leveraging its international network of stores, websites and catalogues. The Group was founded in France in 1996 and has expanded profitably across Europe since 2003, reporting sales of €1,182 million and EBITDA of €241 million in 2020. At 31 December 2020, the Group operated 369 stores in 9 countries including France, Belgium, Germany, Italy, Luxembourg, Portugal, Spain, Switzerland and the United States, and derived 47% of its sales outside France. The Group has also built a successful complementary and comprehensive ecommerce platform, whose sales grew by over 30% per year on average between 2010 and 2020. This platform, enriched by the launch of a marketplace in France in November 2020, accounted for 33% of the Group's sales in 2020 and is available in the countries where it operates stores plus Austria, the Netherlands and the United Kingdom. corporate.maisonsdumonde.com ***Financial calendar2 4 June 2021 Annual General Meeting 28 July 2021 1st Half 2021 financial results 27 October 2021 3rd Quarter 2021 sales *** Contacts Investor Relations Press Relations Christopher Welton – +33 7 85 70 71 41 Clémentine Prat – +33 6 08 61 81 12 firstname.lastname@example.org email@example.com Summary of 1st quarter sales (in € million) 1Q21 1Q20 %Change Sales3 330.9 243.7 +35.8% % like-for-like change4 +36.6% -18.8% Maisons du Monde 316.1 231.7 +36.4% % like-for-like change +36.4% -19.3% Modani 13.7 11.3 +21.6% Rhinov 1.1 0.6 +64.1% Sales by distribution channel Stores 207.3 173.5 +19.4% % of sales 62.6% 71.2% Online 123.7 70.2 +76.2% % of sales 37.4% 28.8% Sales by geography France 181.5 127.5 +42.3% % of sales 54.8% 52.3% International 149.5 116.2 +28.6% % of sales 45.2% 47.7% Sales by product category Decoration 175.5 126.0 +39.3% % of sales 53.0% 51.7% Furniture 154.4 117.7 +32.0% % of sales 47.0% 48.3% Historical sales5 (In €m) FY 18 Q1 19 Q2 19 Q3 19 Q4 19 FY 19 Q1 20 Q2 20 Q3 20 Q4 20 FY 20 Q1 21 Sales 1,111.2 280.3 283.7 283.7 377.8 1,225.4 243.7 245.2 321.3 371.9 1,182.1 330.9 Change vs. N-1 +7.4% +9.9% +12.6% +9.2% +9.7% +10.3% -13.1% -13.6% +13.3% -1.5% -3.5% +35.8% LFL Change vs. N-1 +3.1% +2.4% +6.5% +3.0% +2.8% +3.6% -8.3% -16.2% +9.8% -2.2% -6.6% +36.6% Maisons du Monde 1,085.4 271.4 272.4 271.3 365.8 1,181.4 231.7 236.2 308.8 356.1 1,132.2 316.1 Change vs. N-1 +7.4% +6.4% +10.7% +8.0% +9.8% +8.8% -14.6% -13.3% +13.8% -2.3% -4.0% +36.4% LFL Change vs. N-1 +3.1% +2.4% +6.5% +3.0% +2.8% +3.6% -19.3% -15.3% +10.6% -2.6% -6.5% +36.4% Modani 25.9 8.9 11.4 11.9 11.9 44.1 11.3 8.4 11.7 14.9 46.3 13.7 Rhinov - - - 0.5 0.6 1.2 0.7 0.6 0.8 1.0 3.0 1.1 Sales breakdown France 58.3% 55.8% 53.3% 53.4% 56.6% 54.9% 52.3% 50.8% 52.8% 55.4% 53.1% 54.8% International 41.7% 44.2% 46.7% 46.6% 43.4% 45.1% 47.7% 49.2% 47.2% 44.6% 46.9% 45.2% Stores 77.3% 74.2% 73.0% 74.3% 78.7% 75.3% 71.2% 52.7% 71.8% 69.4% 67.0% 62.6% Online 22.7% 25.8% 27.0% 25.7% 21.3% 24.7% 28.8% 47.3% 28.2% 30.6% 33.0% 37.4% Decoration 55.7% 53.2% 48.1% 50.7% 61.6% 54.0% 51.7% 45.3% 55.8% 62.4% 54.9% 53.0% Furniture 44.3% 46.8% 51.9% 49.3% 38.4% 46.0% 48.3% 54.7% 44.2% 37.6% 45.1% 47.0% *** Store network6 (In units) Number of stores at end of: FY 18 Q1 19 Q2 19 Q3 19 Q4 19 FY 19 Q1 20 2Q 20 Q3 20 Q4 20 FY 20 Q1 21 France 221 221 224 227 233 233 228 227 227 228 228 223 Italy 45 45 47 48 48 48 48 48 48 49 49 49 Spain 23 23 24 24 27 27 27 27 27 27 27 26 Belgium 22 21 21 22 24 24 23 23 23 24 24 25 Germany 10 10 10 10 11 11 11 10 10 11 11 11 Switzerland 7 7 8 8 9 9 9 9 9 9 9 10 Luxembourg 3 3 3 3 3 3 3 3 3 3 3 3 Portugal - - 1 1 1 1 1 1 1 1 1 1 Austria - - - - - - - - - - - 1 United Kingdom 4 4 4 4 - - - - - - - - United States (MDM) 1 1 1 1 2 2 2 - - - - - United States (Modani) 13 14 15 16 18 18 19 18 18 17 17 17 Number of stores 349 349 358 364 376 376 371 366 366 369 369 366 Net openings +25 0 +9 +6 +12 +27 -5 -5 0 +3 -7 -3 Sales area (K sqm) 398.4 398.6 408.1 416.7 432.3 432.3 431.3 428.5 429.1 434.6 434.6 433.4 Change (K sqm) +35.2 +0.2 +9.5 +8.6 +15.6 +33.9 -1.0 -2.8 +0.6 +5.5 +2.3 -1.2 Maisons du Monde First-Quarter 2021 ActivityConference Call and Webcast connection details Wednesday, 12 May 2021 at 09:00 CEST Conference Call Join-In details http://emea.directeventreg.com/registration/5560954 Replay Dial-In NumbersAvailable from 12/05/2021 15:00 CEST until 19/05/2021 15:00 CEST Confirmation Code: 5560954 Standard International +44 (0) 333 3009785 Toll-Free: Local Dial: United States +1 (866) 331-1332 France +33 (0)1 70 95 03 48United Kingdom +44 (0) 844 5718951United States +1 (917) 677-7532 Webcast Player URL: https://edge.media-server.com/mmc/p/526tfoc8 1 All percentages in this release are year on year comparisons with the exception of the EBIT margin and percentages of sales in the table on Page 5.2 Indicative timetable.3 Defined as merchandise sales, marketplace commissions, service revenue and commissions less franchise and promotional sales (€1.3 mn in 1Q21, €0.8 mn in 1Q20 and €1.5 mn in 1Q19). 4 Represents the percentage change in sales from the Group’s retail stores, websites and B2B activities, net of product returns between one financial period (Y) and the comparable preceding financial period (Y-1), excluding changes in sales attributable to stores that opened or were closed during either of the comparable periods. Sales attributable to stores that closed temporarily for refurbishment during any of the periods are included. 5 At prevailing exchange rates.6 Excluding franchise stores. Attachment 2021 05 12 1Q21 Activity ENG vDEF
Kim Lopdrup provides industry expertise as Kalera prepares for international expansion and US listing of its sharesORLANDO, Fla., May 12, 2021 (GLOBE NEWSWIRE) -- Kalera (Euronext Growth Oslo ticker KAL, Bloomberg: KSLLF), one of the fastest-growing and largest vertical farming companies in the world and a leader in plant science for producing high-quality produce in controlled environments, today announced that Kim Lopdrup is appointed as new Chairman of Kalera as the company moves towards a US listing. Kim joined Kalera’s Board last year and remains CEO of Red Lobster. This announcement comes on the heels of the news of Kalera’s appointment of Sonny Perdue, former US Secretary of Agriculture, and Maria Sastre to the Board of Directors. Current Chairman, Bjorge Gretland, will continue as a board member in the company. Bjorge became Chairman of the company in 2013 when the company only had a handful of employees. Now, the company has become one of the fastest-growing and largest vertical farming companies in the world with truly pan-US coverage. “We couldn’t be more thrilled to have Kim, a proven titan in the food and restaurant industry, become Chairman of our Board,” said Bjorge Gretland, current Kalera Chairman. “His knowledge and expertise span from securing the highest quality, traceable and sustainable seafood for his vast network of restaurants to leading companies through global expansion. These are skills that are invaluable to Kalera at this time. As Kalera moves towards a US listing of its stock, Kim is extremely well suited to take on the Chairman role.” Kim Lopdrup has been the Chief Executive Officer of Red Lobster, the world’s largest seafood restaurant company, since 2014. Under his leadership, Red Lobster has greatly improved its food, service and technology. All of Red Lobster’s seafood is now traceable, sustainable and responsibly sourced. It has dramatically grown its off-premise sales by adding delivery and Rapid Red Curbside Pick-Up. Red Lobster was recently recognized by Forbes on its 2021 list of America’s Best Large Employers and by Newsweek on its 2021 list of America’s Best Loyalty Programs. Kim was previously President of Specialty Restaurant Group and New Business for Darden Restaurants, where he was responsible for The Capital Grille, Eddie V’s, Seasons 52, Yard House and Bahama Breeze as well as Darden’s international division, consumer packaged goods and M&A. He has also previously served as Chief Operating Officer, North America, for Burger King Corporation and as CEO of the International Division for Dunkin’ Donuts and Baskin-Robbins. “Kalera has a world-class management team and a disruptive technology that allows them to produce the highest-quality produce I have ever tasted in a way that is remarkably clean, sustainable and efficient. It is easy to see why customers get so excited once they try Kalera’s products or tour one of Kalera’s farms,” said Kim Lopdrup. “I am passionate about great food, food safety, nutrition, sustainability, innovation and international growth. Kalera is positioned to excel in all of these areas. I look forward to working with Daniel Malechuk, Kalera’s outstanding CEO, to make the most of these exciting opportunities.” Kim serves on the boards of Wawa, Inc. (since 2006); Red Lobster (since 2014); Bob Evans Restaurants (since 2017) and Kalera (since 2020). He previously served on the boards of Rubio’s Restaurants (including during its IPO), 31 Ice Cream (a Japanese public company) and Hiram Walker & Sons, Ltd. (a Canadian company). He also served on the board of Boys & Girls Clubs of Central Florida for 12 years, being named Board Member of the Year in 2011 and receiving National Service to Youth awards in 2010 and 2015. He is currently co-chair of Project Opioid. Orlando Business Journal named Kim a “CEO of the Year” in 2016. He holds a BBA from The College of William & Mary and an MBA with Distinction from Harvard Business School, where he won the Uhlmann Prize for best agribusiness research in 1984. The appointment of Kim Lopdrup as Chairman of Kalera’s Board of Directors will be presented for approval by Kalera’s shareholders at a general meeting. For further information: Bjørge Gretland, ChairmanEmail: firstname.lastname@example.org About Kalera Kalera is a technology driven vertical farming company with unique growing methods combining optimized nutrients and light recipes, precise environmental controls, and clean room standards to produce safe, highly nutritious, pesticide-free, non-GMO vegetables with consistent high quality and longer shelf life year-round. The company’s high-yield, automated, data-driven hydroponic production facilities have been designed for rapid rollout with industry-leading payback times to grow vegetables faster, cleaner, at a lower cost, and with less environmental impact. To learn more visit www.Kalera.com. This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.