DPS

Edison issues update on Triple Point Social Housing REIT (SOHO): Financial and operational progress

Retrieved on: 
Wednesday, April 10, 2024

Triple Point Social Housing REIT (SOHO) reported a robust FY23 financial performance.

Key Points: 
  • Triple Point Social Housing REIT (SOHO) reported a robust FY23 financial performance.
  • Benefiting from inflation-linked rental growth and improving rent collection, DPS is once again covered on a run-rate basis, and we expect further progress.
  • Operational initiatives included the roll-out of the new lease clause and launch of the eco-retrofit pilot project.
  • The FY23 trailing dividend yield is 9.3% and we forecast DPS growth in FY24 on a fully covered basis.

EQS-News: XTPL strengthens its presence in the USA

Retrieved on: 
Wednesday, April 10, 2024

XTPL will deliver the Delta Printing System (DPS) device to a new client based in California in Q2 2024.

Key Points: 
  • XTPL will deliver the Delta Printing System (DPS) device to a new client based in California in Q2 2024.
  • The XTPL technology will be used in work on packaging for integrated microelectronic devices.
  • XTPL's broader activity in the USA is supported by Urs Berger, Managing Director for North America.
  • Before joining XTPL, he held key management roles at Optomec in the United States and Switzerland with a responsibility for Business Development.

Beam Global Receives First European Order for EV ARC™ Solar-Powered EV Charging Systems

Retrieved on: 
Tuesday, March 12, 2024

Each EV ARC™ system generates and stores its own clean electricity and delivers that electricity to up to six Level 2 EV chargers capable of charging up to six electric vehicles simultaneously.

Key Points: 
  • Each EV ARC™ system generates and stores its own clean electricity and delivers that electricity to up to six Level 2 EV chargers capable of charging up to six electric vehicles simultaneously.
  • These EV ARC systems are the first to be deployed from the Beam Europe factory,” said Beam Global CEO Desmond Wheatley.
  • In June of 2022, the European Parliament backed the European Commission’s proposal of zero emissions from new cars and vans by 2035.
  • The European Union (EU) has committed to reaching net-zero emissions from energy infrastructure by 2050.

INOX by Unison Hardware Announces the New Smart Interconnect Tubular Lock

Retrieved on: 
Wednesday, April 3, 2024

SACRAMENTO, Calif., April 3, 2024 /PRNewswire/ -- INOX introduces the IST-IC6500 Smart Interconnect, a tubular Smart Lock that combines luxury design with smart access management.

Key Points: 
  • SACRAMENTO, Calif., April 3, 2024 /PRNewswire/ -- INOX introduces the IST-IC6500 Smart Interconnect, a tubular Smart Lock that combines luxury design with smart access management.
  • The Smart Interconnect is the newest offering in the INOX Smart product line, which includes smart locking solutions for both swinging and sliding doors.
  • The Smart Interconnect is a perfect solution for residential, multi-family/multi-tenant, Class A Office, and assisted & senior living facilities.
  • "The Smart Interconnect is an important addition to the INOX Smart Lock family," said Qianyan Cheng, INOX cofounder and Vice President.

XTPL strengthens its presence in the USA

Retrieved on: 
Tuesday, April 2, 2024

The XTPL technology will be used in work on packaging for integrated microelectronic devices.

Key Points: 
  • The XTPL technology will be used in work on packaging for integrated microelectronic devices.
  • XTPL's broader activity in the USA is supported by Urs Berger, Managing Director for North America.
  • Before joining XTPL, he held key management roles at Optomec in the United States and Switzerland with a responsibility for Business Development.
  • "Over a short time, XTPL has built a technology with a number of competitive advantages, and successfully started the initial phases of its global commercialization.

Edison issues review on The Law Debenture Corporation (LWDB): One plus one equals three

Retrieved on: 
Wednesday, March 13, 2024

FY23 results for The Law Debenture Corporation (LWDB) show this well-proven, rare combination of a UK investment trust and the cash-generative professional services operating business (IPS) continuing to generate strong results.

Key Points: 
  • FY23 results for The Law Debenture Corporation (LWDB) show this well-proven, rare combination of a UK investment trust and the cash-generative professional services operating business (IPS) continuing to generate strong results.
  • The results build on LWDB’s long-term record of outperformance versus the benchmark and peers and above average DPS growth.
  • The LWDB prospective P/E is less than 10x and the portfolio yield is the highest since 2008, with much better cover.
  • The investment managers see strong opportunities across the market but particularly in heavily sold domestic earners, especially among smaller stocks.

Beam Global Announces First European Government Supplier Agreement

Retrieved on: 
Thursday, March 7, 2024

Beam Global has been awarded a place on the Spark Technology Innovation Marketplace DPS agreement RM6094 for the supply of sustainable electric vehicle (EV) charging infrastructure and energy security solutions.

Key Points: 
  • Beam Global has been awarded a place on the Spark Technology Innovation Marketplace DPS agreement RM6094 for the supply of sustainable electric vehicle (EV) charging infrastructure and energy security solutions.
  • “This marks significant progress in our efforts to grow our European business just a few months after expanding into that market with our acquisition of Amiga and the creation of Beam Europe,” said CEO of Beam Global Desmond Wheatley.
  • Having a purchasing contract in place with the UK government, which is similar to the GSA schedule we have with the U.S. federal government, is an excellent first step towards unlocking the fantastic potential I believe exists for Beam Global in Europe.
  • In June of 2022, the European Parliament backed the European Commission’s proposal of zero emissions from new cars and vans by 2035.

Mercedes-Benz Group 2023 Results*: Cash Generation at Work

Retrieved on: 
Thursday, February 22, 2024

Any future free cash flow from the industrial business as available (post potential small-scale M&A) beyond the approx.

Key Points: 
  • Any future free cash flow from the industrial business as available (post potential small-scale M&A) beyond the approx.
  • 40 percent dividend payout ratio of Group Net Income, shall be used to fund share buybacks with the purpose of redeeming shares.
  • Group Free Cash Flow of the Industrial Business is seen slightly below the very strong levels from 2023, due to lower EBIT at Cars and Vans and lower CCR at Vans.
  • Link to capital market presentation on full year 2023: group.mercedes-benz.com/results-2023
    Pictures of the Annual Results Conference 2023 will be available here: group-media.mercedes-benz.com
    Further information on Mercedes-Benz Group AG is available at:

NIKON INTRODUCES "8 DAYS WITH Z 8" CHALLENGE: A CAMPAIGN INVITING FILMMAKERS AND CONTENT CREATORS TO SHARE A film SHOT EXCLUSIVELY WITH THE Z 8

Retrieved on: 
Monday, March 4, 2024

MELVILLE, N.Y., March 4, 2024 /PRNewswire/ -- Nikon Inc. is proud to announce the launch of a new program, "8 Days with Z 8." This unique initiative aims to highlight the cinematic capabilities of the Nikon Z 8 camera and spotlight a diverse group of visual storytellers as they push the limits of their creativity.

Key Points: 
  • Nikon has invited eight talented filmmakers, DPs, videographers and content creators to join the "8 Days with Z 8" challenge.
  • Each was asked to ideate, produce, edit and submit a video in eight days inspired by one word: Authenticity.
  • Nikon is encouraging participating creators to bring their vision to life, showcasing their unique style and approach to storytelling.
  • Each week throughout March and April, Nikon will release a new creator film exclusively on the brand's YouTube channel.

Neinor is set to pay a +40% dividend yield over 2024-25 - the highest of IBEX35 and STOXX600

Retrieved on: 
Wednesday, February 21, 2024

In 2023, Neinor was recognized by Sustainalytics® as the world's listed developer with the lowest ESG risk for three years in a row.

Key Points: 
  • In 2023, Neinor was recognized by Sustainalytics® as the world's listed developer with the lowest ESG risk for three years in a row.
  • According to its Strategic Plan (2023-27), over the coming 24-months, the developer expects to distribute €325mn to its shareholders (DPS: €4.34/sh) equivalent to a +40% yield, the highest on IBEX35 and Stoxx600.
  • According to Mario Lapiedra, Neinor Homes, CIO, "lessons from the GFC have been learned by households, banks and developers.
  • Furthermore, nowadays, the Spanish development market offers one of the best risk adjusted returns in the European Residential sector."