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Euroclear reports robust H1 2025 results

BRUSSELS, July 18, 2025 /PRNewswire/ — Results for the first half year ended 30 June 2025

Financial highlights

Solid business performance and improved operating margin despite challenging geopolitical and macroeconomic environment

  • Underlying1 business income for H1 2025 reached €932 million, an 8% increase compared to H1 2024. Higher safekeeping revenues, supported by an increase in group depot and in settlement and communication income, reflect a robust equity market recovery and strong issuance activity.
  • Following the acquisition of a 49% stake in Inversis, Inversis’ results are consolidated as from March 1st, contributing for €4.7 million to Euroclear’s share of results in H1 2025.
  • In line with expectations, underlying interest and banking income continues to decrease (-6%) to €551 million, mainly impacted by lower interest rates. This was partly offset by an increase in average deposits.
  • Operating costs increased by 3% to €682 million when adjusted for non-recurring items2. Cost mitigation measures initiated last year continue to progress and partially compensate the inflation and higher compensation spend. 
  • As result of the positive operating leverage, business income operating margin improved to 27.2% (approx. +4% percentage points), reflecting continued growth in core activities and effective cost control.
  • Resulting adjusted net profit remains stable year-on-year at €598 million. Adjusted Earnings Per Share is €1903.
  • Q2 2025 business income remained consistent with the very strong performance in Q1, which was marked by volatility due to US announcements and geopolitical uncertainties. Volatility slightly decreased in the second quarter while issuances remained strong. As a result of the ongoing cost control measures, Q2 expenses remained in line with previous quarter.
  • Euroclear Group’s capital position remains very strong, comfortably above regulatory requirements with a Common Equity Tier 1 capital ratio of around 61%4.

The impacts of the Russian sanctions are detailed in the last section of this press release.

 

Euroclear reports robust H1 2025 results
Euroclear reports robust H1 2025 results

 

Valerie Urbain, Chief Executive Officer of Euroclear, commented:

“We are reporting robust results for the first half of 2025, in line with our expectations. Our business income continues to increase (+8%) to €932 million, reflecting our strong operational performance in settlement and safekeeping activities, and making our results less reliant on interest income. I am also pleased to see initiatives such as our strategic partnership with Inversis in Spain start to contribute to the company’s profit.

As Europe’s largest player in post-trade, Euroclear has been actively contributing to the financing of the European economy and integration of European markets for decades, notably through the Eurobond and iETF models. As we move forward, we are accelerating our strategy to answer the clear needs outlined in Europe’s Savings and Investments Union (SIU). Our ambition is to further facilitate the seamless flow of capital across Europe by building on the know-how, synergies, scale and global connectivity of our model which combines our international CSD (Euroclear Bank) with our six domestic CSDs in Europe and the UK. This unique, open model positions Euroclear as Europe’s gateway to the world.

In the same spirit, the recent announcement of our AI powered tool EasyFocus+ is part of our commitment to make our clients’ life easier and to support industry transitions such as widescale T+1 settlement by optimising market connectivity and boosting settlement efficiency. As a business of scale, Euroclear is accelerating its use of AI to automate increasingly sophisticated processes and enhance its customer service. Euroclear’s open access model gives clients a choice of interconnected international and national CSDs, supporting competition, avoiding costly silos – ultimately delivering a single, seamless interface.”

Business performance

The key operating metrics (end of period unless stated otherwise) demonstrate an excellent business performance during the period.

H1 2024

H1 2025

YoY evolution

3-year CAGR

Assets under custody

€39.6 trillion

€41.5 trillion

+5 %

+5 %

Number of transactions

165 million

177 million

+8 %

+4 %

Turnover

€565 trillion

€665 trillion

+18 %

+8 %

Fund assets under
custody

€3.3 trillion

€3.6 trillion

+8 %

+8 %

Collateral Highway

€1.87 trillion

€2.01 trillion

+8 %

+1 %

Underlying cash deposits
(full year average)

€22.5 billion

24.5 billion

+9 %

-1 %

Euroclear continued its strong performance, with assets under custody reaching record levels, marking an eleventh consecutive quarter of growth. Turnover rose 18% from H1 2024, driven by robust fixed income and settlement activity amid volatile markets and geopolitical uncertainty. Collateral Highway outstanding and fund depots remain near peak levels.

Q2 2025 business milestones

Savings & Investments Union

Euroclear recently unveiled a comprehensive plan to establish a true single market for post-trade services in all 27 Member States across all asset classes. This initiative, aimed at enhancing the efficiency and effectiveness of European market infrastructure, will support the Savings and Investments Union’s (SIU) ambitions and ensure Europe remains the ‘go-to place’ for investors and issuers globally.

Euroclear’s ambitious project builds on the know-how, scale and global connectivity of its unique model: combining the leading international Central Securities Depository (Euroclear Bank) with its local CSDs in Europe. This open-model positions Euroclear as Europe’s gateway to the world – enabling it to connect global markets, drive innovation and unlock further efficiency.

Contributing to stability and liquidity in the Eurosystem

At the end of Q2, Euroclear successfully connected to the European Central Bank’s Eurosystem Collateral Management System (ECMS), marking a major step forward in the harmonisation of the management of collateral used in the Eurosystem. The recently launched ECMS replaces 20 separate National Central Bank (NCB) access points with a single, unified platform.

This connection strengthens Euroclear’s central position in asset custody and liquidity management, supported by our Collateral Highway, the world’s first neutral and global open architecture for institutions looking to optimise their collateral strategies.

Supporting the transition to T+1 with AI enabled data-driven insights

In support of the industry’s transition to T+1 settlement in Europe by October 2027, Euroclear has announced the next generation of its EasyFocus service in partnership with Meritsoft and Taskize. EasyFocus+ provides clients with an enhanced, AI-powered platform, running on a Microsoft cloud, to deliver real-time data, insights and resolution capabilities across all of Euroclear’s Central Securities Depositories (CSDs). The move aligns with Euroclear’s strategy of reducing industry fragmentation, advancing the EU’s Savings and Investments Union (SIU) and delivering services that optimise market connectivity.

End-to-end solution for investment funds in Asia Pacific

Euroclear and Marketnode, the Singapore based digital market infrastructure operator, have announced the roll out of a comprehensive, end-to-end fund order and processing solution for retail and institutional investors in Singapore. The service streamlines multiple activities across the retail cash and pension fund order and settlement lifecycle, allowing client to reduce manual intervention, improve reconciliation processes and accelerate settlement times. This launch follows Euroclear’s strategic investment in Marketnode in 2024, reinforcing Euroclear FundsPlace as a one stop shop for fund services across Asia Pacific and supporting its broader global funds strategy.

Euroclear Foundation: from vision to execution

Euroclear marked a pivotal step in its commitment to social impact with the recent launch of the Euroclear Foundation. Dedicated to improving life chances for underserved, marginalised, and at-risk youth, the Foundation will enable better access to resources, skills, support networks, and opportunities for fuller participation in society. In addition, it will provide capacity-building support to nonprofits with bold ambitions for change.

 

Russian sanctions impacts

Financial impacts of the Russian assets

  • Interest earnings from Russian sanctioned assets were €2.7 billion, a 21% decrease from H1 2024 due to gradual rate cuts. Future interest earnings will continue to evolve in line with future policy rates.
  • As required by the EU windfall contribution regulation, Euroclear provisioned €1.8 billion as windfall contribution for H1 2025, of which €1.6 billion will be paid to the European Commission in July 2025.
  • The Russian sanctions and countermeasures resulted in direct costs of €52 million and a loss of business income of €16 million.
Euroclear reports robust H1 2025 results
Euroclear reports robust H1 2025 results

 

Update on Russian sanctions and countermeasures

Russia’s invasion of Ukraine in February 2022 resulted in market-wide application of international sanctions. Euroclear considers the application of international sanctions as a key obligation. Therefore, well established processes are in place which have allowed the group to implement the sanctions while maintaining our normal course of business.

As a result of the sanctions, blocked coupon payments and redemptions owed to sanctioned entities continue to accumulate on Euroclear Bank’s balance sheet. At the end of June 2025, Euroclear Bank’s balance sheet totalled €229 billion, of which €194 billion relate to sanctioned Russian assets.

In line with Euroclear’s risk appetite and policies and as expected by the EU Capital Requirements Regulation, Euroclear’s cash balances are re-invested to minimise risk and capital requirements. In the first half of 2025, interest arising on cash balances from Russian-sanctioned assets was approximately €2.7 billion.

Euroclear continues to act prudently and to strengthen its capital by retaining the remainder of the Russian sanction related profits as a buffer against current and future risks. Euroclear is focused on minimising potential legal, financial, and operational risks that may arise for itself and its clients, while complying with its obligations.

As a direct consequence of the sanctions and countermeasures, Euroclear faces multiple proceedings in Russian courts. Since Russia considers international sanctions against public order, Russian claimants initiated legal proceedings aiming mainly to access assets blocked in Euroclear Bank’s books, by claiming an equivalent amount in Russian Ruble and enforcing their claim in Russia. Despite all legal actions taken by Euroclear and the considerable resources mobilised, the probability of unfavourable rulings in Russian courts is high since Russia does not recognise the international sanctions.

 

Annexes

Cash balances related to Russian sanctions

Euroclear reports robust H1 2025 results
Euroclear reports robust H1 2025 results

 

Business as usual cash balances

Euroclear reports robust H1 2025 results
Euroclear reports robust H1 2025 results

 

Euroclear Bank and Euroclear Holding are the two group issuing entities. The Q2 2025 summary income statements and financial positions for both entities are shown below.

Euroclear reports robust H1 2025 results
Euroclear reports robust H1 2025 results

 

Euroclear reports robust H1 2025 results
Euroclear reports robust H1 2025 results

 

About Euroclear
Euroclear group is the financial industry’s trusted provider of post trade services. Guided by its purpose, Euroclear innovates to bring safety, efficiency, and connections to financial markets for sustainable economic growth. Euroclear provides settlement and custody of domestic and cross-border securities for bonds, equities and derivatives, and investment funds. As a proven, resilient capital market infrastructure, Euroclear is committed to delivering risk-mitigation, automation, and efficiency at scale for its global client franchise. The Euroclear group comprises Euroclear Bank, the International CSD, as well as Euroclear Belgium, Euroclear Finland, Euroclear France, Euroclear Nederland, Euroclear Sweden and Euroclear UK & International.

 

1 Excluding Russian sanctions impacts
2 Non-recurring items include transformation costs (provision for early retirement plan and spend effectiveness programme), acquisition and disposal related costs (Inversis, MFEX), donation to Euroclear Foundation.
3 Pre 10:1 share split as of July 1, 2025
4 Based on estimated RWA of around €14.3 billion (of which around €6.1 billion of RWA are related to Russian assets) and CET1 capital of around €8.7 billion

Contact:
Pascal Brabant,
pascal.brabant@euroclear.com,
+32 475 78 36 62

ACI, a major American optoelectronics company, announces the formation of the ACI_DEFENSE alliance with RC ANLS

ACI_Defence Solution to Serve the Smart City in Thailand

BANGKOK, July 18, 2025 /PRNewswire/ — ACI is a leading manufacturer of high performance broadband amplifier products, optical nodes and head end optronics for the cable television and telecommunications industries worldwide. With international offices in Taiwan, Vietnam, Thailand, Chile and China, ACI helps improve the resiliency and utility of the HFC network. (https://acicomms.com/about-us/)

A group of 11 Taiwanese software, hardware, and platform providers has officially announced the formation of the Smart Security Alliance, launching its market expansion into Thailand under the ACI_Defence brand. (https://www.rcanls.com.tw/aci-defense) The alliance will introduce two major smart security solutions — Urban Surveillance and Disaster Simulation — tailored to meet Southeast Asia’s growing demand for city safety and emergency management.

Integrating IoT, AI, big data analytics, and cloud services, the alliance consolidates surveillance cameras, drones, sensors, storage systems, mobile monitoring, image management modules, vehicle management systems, and VR training platforms into comprehensive solutions that enhance product intelligence, connectivity, and operational efficiency.

Targeting Thailand’s major system integrators, distributors, and telecom providers, the alliance will offer customized system development and professional technical support. Through collaboration, it aims to participate in local government tenders from disaster management agencies, fire departments, and police headquarters, establishing demonstration projects to promote smart security applications and build a strong market reputation.

ACI with the brand of ACI_Defence has announced a strategic partnership with Aster Technology with the brand of Aster_Wise in Thailand (https://www.aster-iot.com.tw/aster-wise), joining forces to develop smart community systems built on intelligent security control platforms. The Aster_Wise alliance integrates cybersecurity systems, facial and license plate recognition technologies to establish the foundation of smart communities — essential components of a future-ready smart city. This initiative extends upward to include urban surveillance and disaster simulation systems, collectively creating safer, smarter cities.

With Taiwan’s strong capabilities in IoT and AI technologies, the Smart Security Alliance prioritizes customized solutions based on individual project needs, offering comprehensive integration and turnkey services. The alliance also plans to leverage digital marketing and community engagement to enhance brand visibility in Thailand. Additionally, it will host smart security-themed forums and collaborate with local system integrators and telecom operators to secure smart city and public safety projects — together targeting the rapidly growing Southeast Asian smart city market.

Contacts

ACI Communications (Thailand) Co,. Ltd.
J.J. Lee
T +66-0-2690-6683
JJ.lee@twoway.com.tw

China Mobile International Launches SJC2 to Enable Seamless Connectivity Across Asia-Pacific

HONG KONG, July 18, 2025 /PRNewswire/ — China Mobile International Limited (CMI) officially activated the Southeast Asia–Japan Cable 2 (SJC2) on 16 July 2025. Spanning 10,500 kilometers, this revolutionary submarine cable system is set to redefine connectivity across the Asia-Pacific region.

SJC2’s main trunk links Singapore, Hong Kong China, and Japan, with additional branches covering other key Asia-Pacific countries and regions. Employing the latest optical wavelength division multiplexing technology, the cable is capable of transmitting more than 126 terabits per second (Tbps)[i]. SJC2 enhances submarine cable infrastructure in the region with additional capacity, route diversity, and resilience by strengthening the redundancy of the network to meet the increasing demand for connectivity within Southeast Asia and East Asia. This will contribute to a more stable communications environment to power AI and other bandwidth-intensive applications.

CMI and partners held the SJC2 launch ceremony.
CMI and partners held the SJC2 launch ceremony.

Together with the existing submarine cables, CMI has now established eight routes within the Asia-Pacific region, significantly enhancing network availability and meeting growing bandwidth requirements. Additionally, by utilizing its self-developed Local Ring Systems in Hong Kong China, Japan and Singapore, which are connected to data centers across the region, CMI can customize PoP-to-PoP (Points of Presence) solutions with highly scalable and flexible bandwidth.  

Southeast Asia has become one of the world’s most exciting digital markets. According to Market Research Southeast Asia, the Southeast Asia digital transformation market is expected to grow at a compound annual growth rate (CAGR) of 13.2% from 2024 to 2032. Much of this change is being powered by rising internet access. More broadly, the Asia-Pacific region submarine cable system market is expected to reach US$18.36 billion by 2034, according to Precedence Research. Consequently, the need for expanded connectivity infrastructure has become increasingly apparent. 

SJC2 is a core pillar of CMI’s efforts to enhance global connectivity, particularly in the Asia-Pacific region, by supporting the explosive growth of 5G, cloud computing, AI, and e-commerce. SJC2 can help to meet this surging demand by providing enterprises, cloud providers and digital platforms with low-latency, high-capacity data transfer that is essential for AI workloads and data-intensive applications, while also improving digital inclusion and bridging connectivity gaps in underserved regions. 

The SJC2 cable, led by CMI and its partners, is the latest submarine cable project completed in the Asia-Pacific region. Through its planned connection with the PEACE cable, which became operational in September 2024, SJC2 can extend its network coverage to Europe. In recent years, CMI has invested in several other cable systems around the world, including 2Africa, a transcontinental system linking South Asia, the Middle East, Africa and Europe; IAX and IEX, a submarine link connecting Singapore, India, Italy and France; and SEA-H2X, a Southeast Asia network connecting mainland China, the Philippines, Thailand, Malaysia and Singapore. With a network spanning 78 countries, over 100 cable systems, 168+ Tbps bandwidth, 330+ global PoPs, and self-owned data centers in major cities such as Hong Kong, Singapore, London, and Frankfurt, as well as 1,278 partner data centers, CMI supports partners worldwide. 

About China Mobile International Limited

China Mobile International Limited (CMI) is a wholly owned subsidiary of China Mobile. In order to provide high quality services to meet the growing demand in the international market, China Mobile established CMI in December 2010, headquartered in Hong Kong, China. CMI has expanded its footprint in 39 countries and regions. Leveraging the strong support by China Mobile, CMI is a trusted partner that provides comprehensive international information services and solutions to enterprises, carriers and mobile users. please visit www.cmi.chinamobile.com

[i] In the case of 100 Gbps transmission × 180 wavelengths × 7 pairs of optical fibers

 

“Zhejiang Showcases Culture and Tourism in Tokyo with “Elegance and Nature” Promotion Event

OSAKA, Japan, July 18, 2025 /PRNewswire/ — On July 10, 2025, the “Elegance and Nature in Perfect Harmony” Picturesque Zhejiang Promotion Event, jointly organized by the Zhejiang Provincial Department of Culture, Radio, Television and Tourism and the China National Tourist Administration Tokyo Office, drew a full house in Tokyo. The event was attended by approximately 120 distinguished guests, among them senior representatives including Chen Rufu, Deputy Director of the Zhejiang Provincial Department of Culture, Radio, Television and Tourism; Chen Zheng, Minister-Counselor of the Chinese Embassy in Japan; Luo Yuquan, Director of the China Cultural Center, Tokyo; Ouyang An, Director of the China National Tourism Administration in Japan; and Saito Takashi, Director of the International Tourism Department at the Japan Tourism Agency. Senior executives from Zhejiang and Japanese travel agencies and airlines were also present.

The event opened with welcoming remarks from key Chinese and Japanese officials. A themed presentation followed, spotlighting Zhejiang’s breathtaking natural landscapes, rich cultural heritage, and integrated travel infrastructure. The launch of the smart tourism platform Zhejiang Travel captured significant attention, with many attendees scanning a QR code to explore its interactive features.

A major highlight was the screening of a short film featuring impressions from a May 2025 Japanese travel trade familiarization tour to Zhejiang. Tour participant Yoshida Takao took the stage to share his vivid, personal reflections from the experience.

Zhejiang Loong Airlines presented milestones in its regional development and detailed its expanded ChinaJapan air routes, energizing the room with a lucky draw that awarded two round-trip tickets from Tokyo to Zhejiang.

The event also spotlighted cultural and tourism offerings from several of the province’s cities with a focus on Ningbo and Quzhou, prompting lively exchanges among participants.

In follow-up sessions, senior executives from Zhejiang and Japanese travel sectors held business matching meetings, focusing on market expansion, product development, and high-end itinerary planning to strengthen future collaboration.

 

 

 

Eddid Financial Appointed as Participating Dealer for Pando Bitcoin ETF (2818.HK)

HONG KONG, July 18, 2025 /PRNewswire/ — The Pando Bitcoin ETF (Stock Code: 2818.HK), issued by Pando Limited (“Pando”), officially debut today on the Hong Kong Exchanges and Clearing Limited (HKEX). Eddid Securities and Futures Limited (“ESFL”), a subsidiary of Eddid Financial (the “Group”), has been appointed as a participating dealer. ESFL will provide both cash and in-kind subscription and redemption services, reinforcing the Group’s leadership in the digital asset space. This appointment marks the Group as one of the Hong Kong’s few participating dealers of all listed virtual asset spot ETFs, demonstrating its comprehensive capabilities in digital asset trading.

Pando is a licensed virtual asset management firm with retail investor capabilities. As a participant in the digital asset management sector, Pando was granted Types 1, 4, and 9 licenses by Hong Kong Securities and Futures Commission (SFC). Pando is qualified to offer a wide range of virtual asset-related services. Pando also obtained public fund qualifications and issued two actively managed ETF products. Backed by strong strategic planning and deep compliance expertise, Pando is committed to delivering diversified investment solutions. Pando Bitcoin ETF is the fourth spot Bitcoin ETF listed in Hong Kong, further expanding the city’s virtual asset investment options and encouraging more competitive forces and innovation to the market.

As a leading integrated financial group in Hong Kong, Eddid Financial has been actively expanding its virtual asset-related business over the years, aiming to provide investors with a secure, efficient, and compliant trading platform. There are currently six Bitcoin spot ETFs and Ether spot ETFs listed in Hong Kong. ESFL is the participating dealer for all six, a distinction that reflects its market expertise and robust technical infrastructure. Its appointment to support the Pando Bitcoin ETF further affirms the Group’s leadership in digital asset execution, clearing, and liquidity management, within a regulated framework designed to safeguard investor interests.

“We are honored to be part of the launch of the Pando Bitcoin ETF,” said Dr. Ricky Yeung, Head of Eddid Financial’s Virtual Assets Department, “This appointment is a strong vote of confidence in our capabilities and marks another step in positioning Hong Kong as a global hub for virtual assets. We’ll continue to harness our technology and compliance strengths to deliver secure, transparent, and diversified investment options to our clients. 

About Eddid Financial

Anchored in Hong Kong, Eddid Financial is an all-encompassing financial group centered around fintech and dedicated to integrating latest technologies into its enterprise DNA. The diversified businesses of Eddid Financial range from retail to institutional and include but are not limited to fintech, internet finance, wealth management, asset management, investment banking, and digital assets. Eddid Financial is committed to providing one-stop financial services and products to customers through high-quality investment solutions.

Members of the Group hold a variety of licenses and memberships across key financial markets. These include Hong Kong Securities and Futures Commission (SFC) regulated activities (“RA”) licenses for types 1, 2, 3, 4, 5, 6, and 9; SEHK and HKCC participant (OTP-C broker number: 0974 and 0977), Insurance Broker Company license; Trust or Company Service Provider License in Hong Kong. Additionally, our fully owned U.S. broker-dealer subsidiary, Eddid Securities USA Inc., maintains approved membership with the Financial Industry Regula-tory Authority (FINRA), the National Futures Association (NFA), the Securities Investor Protection Corporation (SIPC), and the Nasdaq Stock Market LLC (NQX), and is a registered with the U.S. Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) in the United States. Our Singapore subsidiary, Eddid Financial Singapore Pte. Ltd., holds the Capital Markets Services License (Li-cense No.: CMS101839) issued by the Monetary Authority of Singapore (MAS).

Learn more: www.eddid.com.hk/en

Getinge Interim Report April-June 2025: Continuing positive trend with stable organic sales growth in all business areas and regions

GOTHENBURG, Sweden, July 18, 2025 /PRNewswire/ — “The positive start to 2025 continued in the second quarter, with stable organic growth in order intake and sales, and our margins strengthened despite strong headwinds from tariffs and negative currency effects,” says Mattias Perjos, President & CEO at Getinge. The medtech company’s net sales increased organically by 4.1% while order intake rose by 4.4% organically.

Business area Acute Care Therapies continues to be successful in handling the increased demand for ventilators, and the order intake in ECLS consumables remains high. The positive trend for Sterile Transfer in Life Science strengthened during the quarter, while the rationalizations in Getinge’s Bio-Processing business are fully underway.

“This means that we will be well positioned for profitable growth in Bio-Processing when demand returns. In Surgical Workflows, Infection Control and Digital Health Solutions delivered significant growth,” says Mattias Perjos, President & CEO.

Paragonix, acquired in the autumn of 2024, continues to impress, with another sales record in the quarter. The operations also made a positive contribution to Getinge’s EBITA margin, slightly earlier than expected.

Another important milestone for Getinge was the first use of the next generation of endoscopic vessel harvesting (EVH) product, Vasoview Hemopro 3, in clinical procedures in the US.

“The results were positive, and we expect to start deliveries on a larger scale during the third quarter,” Perjos tells. “In Life Science, we launched a new washer and in Surgical Workflows we continue to strengthen our offering in consumables, where we have achieved high growth. Surgical Workflows also entered an exciting partnership with Zimmer Biomet that enhances our presence in the rapidly growing ASC segment in the US market.”

Adjusted EBITA increased in the quarter, despite close to -270 MSEK in tariffs and negative currency effects compared with last year.

“We were once again successful in adjusting prices, but short term we have been forced to absorb most of the tariff costs. Accordingly, we are also analyzing opportunities to adapt the company’s costs and supply chain over time to these new rules of the game. We are well positioned to manage these challenges by leveraging our leading position in key niches that meet long-term increasing healthcare needs,” explains Perjos.

In light of the tariff levels noted in the second quarter, Getinge sees no need to change its long-term financial target.

“Given our performance and dialogue with customers, my outlook for the remainder of 2025 is positive, even though geopolitical risk is elevated. I would like to thank all of our customers and employees for their important efforts in creating value for clinical staff and patients,” says Perjos.

April-June 2025 in brief

  • Net sales increased organically by 4.1% (8.9) and order intake rose by 4.4% organically (7.8).
  • Adjusted gross profit amounted to SEK 4,183 M (4,151) and the margin was 50.8% (50.0).
  • Adjusted EBITA amounted to SEK 989 M (981) and the margin was 12.0% (11.8).
  • Adjusted earnings per share amounted to SEK 2.25 (2.29).
  • Free cash flow amounted to SEK 510 M (289).

Phone Conference

A conference call will be held on July 18, at 10.00-11.00 a.m. CEST hosted by Mattias Perjos, President & CEO, and Agneta Palmér, CFO.

To participate via teleconference, please register via this link. After registration, you will be provided with telephone numbers and a conference ID to access the conference. You can ask questions verbally via the telephone conference.

During the conference call a presentation will be held. To access the presentation through webcast, please use this link. A recorded version can be accessed here for 3 years.

Contact information:

Lars Mattsson, SVP Enterprise Development
Phone: +46(0)10 335 0043
E-mail: lars.mattsson@getinge.com 

This information is such that Getinge AB is obliged to make public pursuant to the EU Market Abuse Regulation and the Swedish Securities Market Act. The information was submitted for publication, through the agency of the contact person set out above, on July 18, 2025, at 08.00 CEST.

About Getinge

With a firm belief that every person and community should have access to the best possible care, Getinge provides hospitals and life science institutions with products and solutions that aim to improve clinical results and optimize workflows. The offering includes products and solutions for intensive care, cardiovascular procedures, operating rooms, sterile reprocessing and life science. Getinge employs approximately 12,000 people worldwide and the products are sold in more than 135 countries.

This information was brought to you by Cision http://news.cision.com

https://news.cision.com/getinge/r/getinge-interim-report-april-june-2025–continuing-positive-trend-with-stable-organic-sales-growth-i,c4208711

The following files are available for download:

https://mb.cision.com/Main/942/4208711/3584910.pdf

Getinge – Report Q2 2025

https://mb.cision.com/Public/942/4208711/93123e454355430b.pdf

Press release Getinge Interim Report Q2 2025

SKF Q2 2025: Another quarter of margin resilience

GOTHENBURG, Sweden, July 18, 2025 /PRNewswire/ —

Q2 2025

  • Net sales: MSEK 23,166 (25,606)
  • Organic growth: −0.2% (−6.6%), driven by lower market demand within the Automotive market while the Industrial segment reported organic sales growth.
  • Adjusted operating profit: MSEK 3,090 (3,324). The decrease was due to significant currency headwind. Solid price/mix contribution, driven by pricing activities and portfolio management, as well as good cost control more than offset lower volumes.
  • Adjusted operating margin: 13.3% (13.0%) with Industrial at 16.6% (16.3%) and Automotive at 5.1% (5.3%).
  • Net cash flow from operating activities: MSEK 2,817 (2,152).

Financial overview, MSEK unless otherwise stated

Q2 2025

Q2 2024

Half year 2025

Half year 2024

Net sales

23,166

25,606

47,132

50,305

Organic growth, %

−0.2

−6.6

−1.8

−6.8

Adjusted operating profit

3,090

3,324

6,323

6,627

Adjusted operating margin, %

13.3

13.0

13.4

13.2

Operating profit

1,300

2,489

4,185

5,482

Operating margin, %

5.6

9.7

8.9

10.9

Adjusted net profit

2,373

2,498

4,669

4,810

Net profit

583

1,663

2,531

3,665

Net cash flow from operating activities

2,817

2,152

3,794

3,933

Basic earnings per share

1.13

3.36

5.08

7.50

Adjusted earnings per share

5.06

5.19

9.77

10.02

Rickard Gustafson, President and CEO:

It’s encouraging that our adjusted operating margin improved, year-over-year, with relatively flat organic sales and significant currency headwind. We have continued to work hard to create a strong foundation for the future, including our ongoing rightsizing activities.

Margin resilience in markets with mixed demand

Our organic sales declined in the second quarter by -0.2% year-over-year. For our Industrial business, organic sales improved in all regions, especially in Asia where it was partly driven by favorable timing of deliveries. In Europe, sales volumes improved sequentially driven by stronger demand in aerospace, lubrication and magnetics.

Our Automotive business continued to face challenging market conditions globally, except for electrical vehicles, resulting in an organic sales decline, year-over-year.

We delivered a strong adjusted operating margin of 13.3% given the mixed demand and significant negative currency impact. The margin was driven by pricing, portfolio management and good cost control. We largely compensated for increased tariff costs. Given current tariff levels, we expect this to be the case also in the third quarter, with the majority of the net impact in Automotive.

Items affecting comparability (IAC) was high in the quarter. This as the full amount of costs related to the previously indicated rightsizing program were charged. As the Automotive separation is building momentum, IAC also includes sequentially higher separation costs. Furthermore, we reported a capital gain of BSEK 0.8. Due to timing effects, costs related to footprint regionalization were low in the quarter. In total, IAC amounted to BSEK -1.8.

Cash flow increased to BSEK 2.8 (2.2) due to improved working capital, where accounts payable contributed positively.

A more competitive Industrial business

Strengthened operational and commercial excellence are key pillars to create significant customer value in targeted markets.

As part of improving our operational excellence, we have managed to swiftly adapt our organization to the rapidly changing market conditions in recent years, contributing to our margin resilience.

To further enhance our competitiveness, the previously announced rightsizing of our Industrial business, enabled by the Automotive separation, comprise of a gross reduction of approximately 1,700 positions, primarily staff positions in Europe. With re-hires related to our ongoing strategic footprint shift, the net reduction is approximately 1,200 positions. These actions are difficult to take, but necessary to secure our future competitiveness. The savings are estimated at approximately BSEK 2 and will more than compensate for dissynergies related to the Automotive separation. The full annual run-rate saving is expected to be achieved in 2027, with a fairly linear pace between 2026-2027. The savings also include a reduction of consultants and other cost-saving activities. Restructuring costs are fully charged to this quarter as IAC and amount to BSEK 2, while the cash flow impact is primarily expected in 2026. The ongoing organizational review, including manning activities, of our Automotive business and its associated effects will be presented on our Capital Markets Day on 11 November.

One targeted market, where we have improved our performance through commercial excellence including portfolio prioritization and pricing activities, is aerospace. Following the strategic review we started in 2023, our aerospace business has had 12% annual sales growth and an increased adjusted operating margin of 8pp between 2022 and 2025. We’re now well positioned for future profitable growth from attractive long-term contracts with major customers, an increased aftermarket presence, and an operational setup to serve our customers effectively. We are doing similar commercial initiatives in other parts of our industrial business to cater for long-term value creation.

Outlook

While the global economic development makes the outlook uncertain, we expect organic sales to be relatively unchanged in Q3, year-over-year.”

Outlook and guidance

Outlook

  • Q3 2025: While the global economic development makes the outlook uncertain, we expect organic sales to be relatively unchanged, year-over-year.

Guidance Q3 2025

  • Currency impact on the operating profit is expected to be around MSEK 500 negative compared to the third quarter 2024, based on exchange rates per 30 June 2025.

Guidance FY 2025

  • Tax level excluding effects related to divested businesses: around 26%.
  • Additions to property, plant and equipment: around BSEK 4.5 excluding separation of the Automotive business.

A webcast will be held on 18 July 2025 at 09:00 (CEST):
Sweden: +46 (0)8 5051 0031
UK/International: +44 (0)207 107 0613

https://investors.skf.com

Aktiebolaget SKF
      (publ)

For further information, please contact:
Press Relations: Carl Bjernstam, +46 31-337 2517; +46 722 201 893; carl.bjernstam@skf.com 
Investor Relations: Sophie Arnius, +46 31-337 8072; +46 705 908072; sophie.arnius@skf.com 

The half year report presented in this press release contains financial and inside information that AB SKF is obliged to make public pursuant to the EU Market Abuse Regulation and the Securities Markets Act. The information was submitted for publication through the agency of the contact person set out above on 18 July 2025 at 07.30 CEST.

This information was brought to you by Cision http://news.cision.com

https://news.cision.com/skf/r/skf-q2-2025–another-quarter-of-margin-resilience,c4208589

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The World Federation of Neurology to Host Global Webinar Uniting UN-ECOSOC, WHO and Leading Brain Health Experts for World Brain Day 2025, with the theme Brain Health for All Ages

LONDON, July 18, 2025 /PRNewswire/ — On July 22, the World Federation of Neurology (WFN) will celebrate its 12th annual World Brain Day, with the theme “Brain Health for All Ages.” The official event of World Brain Day is a webinar, open to the public, taking place at 1:00 p.m. BST.

On July 22, the World Federation of Neurology (WFN) will celebrate its 12th annual World Brain Day, with the theme “Brain Health for All Ages.” The official event of World Brain Day is a webinar, open to the public, taking place at 1:00 p.m. BST.
On July 22, the World Federation of Neurology (WFN) will celebrate its 12th annual World Brain Day, with the theme “Brain Health for All Ages.” The official event of World Brain Day is a webinar, open to the public, taking place at 1:00 p.m. BST.

World Brain Day is an annual event uniting the global community to protect and promote healthy brains. The webinar serves as a global call to action for both individuals, healthcare providers, non-governmental organizations, community leaders, policy-makers, and institutions to share meaningful information and activities to advance brain health in all parts of the world.

“When one in three is affected by a brain disorder—and nearly 90% of this burden occurs in low- and middle-income countries, this campaign becomes not just important, but essential,” said Professor Tissa Wijeratne, Co-Chair of World Brain Day. “It reflects a global commitment to protecting brain health across one’s entire lifespan, from preconception through aging adulthood, ensuring that no one is left behind.”

This year’s theme reminds us that brain health is a journey—not a milestone. It begins before birth, is refined in childhood, and is preserved through adulthood and older age, influencing our potential, resilience, and quality of life at every age. The fate of individuals suffering from neurological disorders has strong variations depending on the global region, due to varying health systems, access to care and available resources.   

Key Takeaways for this year’s World Brain Day:

  • Neurological disorders are the leading cause of disability-adjusted life years (DALYs) worldwide and the second leading cause of death.
  • Brain health must be prioritized throughout one’s lifespan, from preconception to aging adulthood.
  • Prevention of neurological disorders begins with healthy lifestyle choices like regular exercise, balanced nutrition, quality sleep, stress management and social connection.
  • Equal access to neurological care, diagnostics and therapies regardless of economic status is essential.
  • We are committed to creating a global framework for brain health, focusing on early diagnosis and intervention, environmental risk mitigation, and equitable access to neurological care.

“When we unite in our commitment to prioritize brain health, we have the power to meaningfully reduce the global burden of neurological disorders,” said  Emeritus Professor David Dodick, Co-Chair of World Brain Day. “It is both a privilege and an imperative to bring together some of the most respected voices in neurology for a special webinar—an event designed not only to elevate awareness, but to catalyze transformative progress in research, policy, care, and global advocacy.”

The World Brain Day webinar will feature distinguished experts from renowned organizations such as the World Health Organization (WHO) and World Stroke Organization. WFN will also be joined by six Neurological Societies representing the major regions of the world.

  • Dr. Lawrence Tucker, President, African Academy of Neurology
  • Dr. Natalia Rost, President, American Academy of Neurology
  • Prof. Christopher Chen, President, Asian and Oceanian Association of Neurology
  • Prof. Elena Moro, President, European Academy of Neurology
  • Dr. Renato Verdugo, President, Pan American Federation of Neurological Societies
  • Dr. Amina Gargouri-Berrechid, President, Pan Arab Union of Neurological Societies

“When we champion Brain Health for All Ages, we lay the foundation for stronger communities, healthier families, and a more resilient world,” said Professor Wolfgang Grisold, President of the World Federation of Neurology. “This is a global call to action to elevate awareness, reduce stigma, and ensure that brain health becomes a priority for every government, every health system, and every individual, regardless of geography or age.”

Established by the WFN in 2014, World Brain Day continues to serve as a global platform for raising public awareness on key neurological health topics. Individuals, societies, and countries are encouraged to participate and amplify their voices on social media using hashtags such as #WorldBrainDay, #WBD2025, and #BrainHealthForAllAges.

Visit the WFN website to register for the free World Brain Day webinar. Follow the WFN on Facebook, Instagram, and Twitter.

About the World Federation of Neurology

With support from its 125 national Neurological Member Societies, the World Federation of Neurology fosters quality neurology and brain health worldwide by promoting neurological education and training, with an emphasis on under-resourced areas of the world. As a non-state actor in official relations, WFN supports the World Health Organization (WHO) efforts to give everyone an equal chance to live a healthy life. With Member Societies around the globe, WFN unites the world’s neurologists to ensure quality neurology and advocate for people to have better brain health. Learn more about the World Federation of Neurology at wfneurology.org.

Media Contact:
Ashley Logan, Yakkety Yak
ashley@yakketyyak.com 
http://wfneurology.org/worldbrainday