Kongsberg Maritime Swings to Profit

first_imgKongsberg Maritime (KM) has reported third-quarter 2017 revenues at NOK 1.81 billion, relatively flat with NOK 1.85 billion in the corresponding period in 2016.Kongsberg’s largest business area has seen order intake in the quarter at NOK 1,67 billion, resulting in an accumulated order intake at quarter end of NOK 5,64 billion.For the first nine months of 2017, KM generated revenues of NOK 5.55 billion, almost NOK 1 billion less from the corresponding comparable period. According to the company, revenues are expected to stabilize in 2018, and profitability should gradually improve.EBITDA was NOK 176 million, with margin of 9.7 percent, compared to negative NOK 255 million same time last year, and negative margin of 13.8 percent.Kongsberg Maritime reported order backlog of NOK 4.9 billion, against NOK 5.2 billion at the end of Q2 2017.Number of employees at KM was reduced by 55 since June 30, 2017, and by 336 since end-2016.“Kongsberg Maritime has in the last two years carried out significant organisational changes and capacity adjustments that are beginning to yield improved profitability. This restructuring has been necessary both in dealing with lower demand in certain markets and at the same time due to intensified competition. Some markets are still challenging, but we expect the new organisation and business model to make Kongsberg Maritime more robust and better adapted to the current market situation and expected future development. We are continuing to take strategic positions with new concepts and focusing on segments with growth, and see considerable opportunities ahead of us,” says Geir Håøy, president & CEO.As a Group, Kongsberg generated profit after tax on NOK 79 million, on revenue of NOK 3.28 billion, versus loss of NOK 144 million on revenue of NOK 3.43 billion.last_img read more

NBD Flag Wavers celebrate 20 years at Award Ceremony

first_img Tweet NBD Flag Wavers. On Saturday, March 31st, the NBD Flag Wavers held an Award Ceremony to celebrate their 20th anniversary and to recognize special contributions to the group. The group expressed thanks to the Cultural Division for its unwavering support, and to the National Bank of Dominica Ltd, who has been their sponsor for over eight years.According to the Head of the Cultural Division, Mr. Raymond Lawrence, it is a rare occurrence for a group to last that long, and that the group should be congratulated on this achievement. NBD’s Marketing Manager, Suzanne Piper, attributed the group’s longevity to the dedication of its leaders and urged the group to stay committed. Among the various awards given, members received recognition for spirit, energy, technique and versatility. An active leader of the group, Kristelle Fagan described the evening as surreal. “We have many talented young people and we had a very successful season and it was appropriate to celebrate our success.” Ms, Fagan commented.She went on to express that the NBD Flag Wavers was not only a performance group but was a family and she was honoured to contribute to the positive development of these young ladies. The NBD Flag Wavers has been a main feature at several Carnival and Independence activities over the years and continues to provide a creative avenue for dance expression among Dominica’s female youth.Press Release Share Sharing is caring! LocalNews NBD Flag Wavers celebrate 20 years at Award Ceremony by: – April 6, 2012center_img 60 Views   no discussions Share Sharelast_img read more

Kearney warns against complacency

first_img It may be Payne is kept in reserve even if he is fit to play Georgia on Sunday. Hooker Rory Best (calf) and flanker Chris Henry (severe migraine) are unlikely to feature against the Lelos and four players have been added to the Ireland training group – Ulster centre Darren Cave, Munster back Andrew Conway, Leinster tighthead Tadhg Furlong and Robin Copeland, the Munster back row. Best has resumed running and could be back to face the Wallabies. Michael Kearney added: “It might be more prudent to give him a few more days to recover just to make sure he is right. “A more realistic target might be Australia but he hasn’t been ruled out of Sunday.” Ireland are determined to carry the momentum from the victory over the Springboks and full-back Rob Kearney expects head coach Joe Schmidt to make tactical alterations to front up to a Georgia side reliant on a fearsome forward pack. “We have an ability as players to play lots of different types of game plans and we’ve got a fantastic coaching squad who are able to manipulate a specific type of game plan based on the opposition we are playing,” Rob Kearney added. “South Africa and Georgia are two very different teams so I would imagine our game plan will vary a little bit. “They’re a good team and they have a huge pack. A lot, if not all of them, are playing Top 14 and Premiership rugby. “Okay, a lot of their backs are homegrown players, but they do have the potential to be dangerous players.” Like his full-back, Schmidt will not be satisfied with the South Africa win. “He’s trying to make us winners every single week, to improve our performance on a weekly basis,” Rob Kearney added. “He’s trying to make us that 80-minute plus team, which is something we probably haven’t been a lot over the last decade or so. “It (beating South Africa) gives us that confidence to take on Southern Hemisphere teams. “That is huge for our mental ability going into a game, knowing we can genuinely compete and beat the best teams in the world.” The 29-year-old committed his future to Leinster on Tuesday, but had no intention of leaving to play elsewhere. “It was always a case of staying here,” he said. “I’ve no reason to leave. I’m very happy here, I’m part of two fantastic teams. “I’m playing with all my friends and we’re still competing heavily in a lot of competitions so there was never a need for me to consider moving anywhere else.” Press Association Ireland claimed a surprise 29-15 win over the Springboks, who had beaten world champions New Zealand in their prior Test a month earlier. Georgia proved challenging opposition for Ireland at the 2007 World Cup – Ireland eventually prevailing 14-10 – and that Bordeaux contest has been spoken about this week. Rob Kearney has cautioned against complacency as Ireland look to back up their defeat of South Africa against Georgia this weekend. Kearney, who on Tuesday signed a three-year extension to his Irish Rugby Football Union contract to remain at Leinster until June 2018, said: “Confidence is a brilliant thing and sometimes over-confidence can be a detrimental thing. “It is key we find the balance there between the two and by no means we get carried away with one victory over a South African team who played poorly on the day and didn’t really seem that the defeat hurt them after the game. “The scalp of getting a southern hemisphere team and the confidence it’ll bring to our team as a whole is probably the biggest benefit of the whole thing. “We are very aware of just what was achieved on the day but by no means losing the run of ourselves and getting ahead of our station. “I think South Africa played poorly enough and certainly there’s a lot of work-ons from our performance too.” Changes may be required following the Springboks victory, with centre Jared Payne to undergo further assessment on a sprained foot on Wednesday. Team manager Michael Kearney said: “Jared is going to have further medical assessment and scans tomorrow. “We’ll know a little bit better after that. At the moment there’s no detail on his chances of being fit for either Georgia or Australia.” last_img read more

5-year-old’s ‘Up’ photoshoot with great-grandparents goes viral

first_imgA 5-year-old boy who loves the movie “Up” partook in an “Up”-themed birthday photoshoot with his 90-year-old great-grandparents, Richard and Caroline Bain.Now, his mom’s uplifting photos are going viral!In the photos taken by Rachel Perman, her son Elijah dressed up as Russell while his great-grandparents dressed as Carl and Ellie Fredricksen.Perman said that her son had been obsessed with “Up” for years, adding, that Elijah only draws and colors the house with balloons featured in the movie, the only books he wants to get at the library, and it was the only toy he wanted when the family was in Disney World last year.She organized the photoshoot as a surprise and said his grandparents were “thrilled” to participate.last_img

T20 International forces R4D break

first_imgST JOHN’S, Antigua – With the additional two Twenty20 international matches in the upcoming West Indies versus Pakistan series, the West Indies Cricket Board (WICB) has had to make an adjustment to its regional schedule.The match-up between the Barbados Pride vs Guyana Jaguars in Round 8 of the Digicel Regional 4-Day is now scheduled for March 23-25 and 27, because of the T20I match with West Indies and Pakistan which will be played at the Kensington Oval.Operations Manager, Roland Holder, in advising of the change said, “The pitches will be covered by an artificial covering which will prevent damage to either of the pitches during the matches in progress.”Holder went on to explain, the practice has been previously used in the UK where the Sunday League was played alongside First-Class matches and as a result in infrequent times “should not be a problem for either of the matches”.Pakistan open their 7-week tour of the Caribbean with the T20I in Barbados.last_img read more

‘D’ starts off slow for 3rd straight week

first_imgJEFF SCHORFHEIDE/Herald photoFor the third time in as many games, the Wisconsin defense struggled in the first half, allowing an inferior team to keep the score close at halftime. The problem lies in facing teams showing offensive wrinkles that the Badgers had not prepared for and making the necessary adjustments. “We’ve played against teams basically blindly, and they are coming out with new offenses,” middle linebacker Elijah Hodge said. “We just have to play our defense.”Those issues, according to Hodge, improve not only as the game progresses but also throughout the season.”Once we realize what they’re doing, we settle down,” Hodge added. “The further you get into the season, you have a little bit of [a feel] for what the offense is going to do. There’s not that many surprises because you have more film on the teams.”In its first three games, UW has struggled to separate itself from opponents in the first half. Washington State (14), UNLV (7) and The Citadel (21) all scored the majority of their team’s points in the first half. The scores aren’t coming on fluke plays either. All three opponents have been successful moving the ball early on, scoring on lengthy touchdown drives. The six touchdowns the Badgers have allowed in the first half of games this season have come on drives of 81 yards (once), 80 yards (three times) and 72 yards (twice).”It all boils down to reading your keys and doing your job every single play, and you’ll be in the right position, and that’s what we weren’t doing in the first half,” cornerback Allen Langford said. “So that’s what we had a big emphasis on in the second half.”That approach has worked out for the Badgers so far. The defense has allowed only 23 points in the second half this season on two touchdowns and three field goals. Henry to the rescueCornerback Jack Ikegwuonu left the game early in the first quarter with a thigh injury. After walking around and getting looked at by the UW training staff, Ikegwuonu ended up seeing limited action the rest of the way. “Jack took a shot to the upper thigh, and he tried to go back in there, but with those things, typically what we try to do is [try to] heal him right then and there,” head coach Bret Bielema said. “We should have him back, hopefully for practice, Tuesday.”Stepping in for Ikegwuonu was true freshman Aaron Henry. “It’s tough going out there to be a freshman corner and play the way he did,” Langford said. “A few [mistakes] here and there, but it’s corner, and there’ll be stuff here and there.”Support for ShaughnessyMatt Shaughnessy’s four-tackle performance Saturday was not a career high, nor was it even the highest total on the team. But the defensive end’s game against The Citadel impressed his teammates and coaches.Shaughnessy left the team at the conclusion of last week’s game against UNLV to return home to Connecticut to be with his brother, who is seriously ill. He didn’t return to Madison until Wednesday and, consequently, didn’t practice Monday or Tuesday.”Anytime anyone goes through situation like that, the only person that knows what that’s like is him,” Bielema said. “He prepared well, basically only practiced Wednesday and Thursday. His brother is still very ill and going through a very serious phase of his life, both Matt and his brother and his whole family. We continue to support him and back him up and do everything we can to make it as smooth as we can for him.””Not only as a teammate, but I see the team as a second family. If he needs me, I’ll be there for him,” running back P.J. Hill said. “I’m pretty sure I speak for a lot of other guys on the team.”last_img read more

Pac-12 close to deciding on division configurations

first_imgThe Pac-10 Conference is reportedly nearing a decision on how to divide the conference into two six-team divisions next year, when Colorado and Utah will join the conference to create the Pac-12.Conference athletic directors discussed possible configurations during a meeting in San Francisco last week, and Pac-10 Commissioner Larry Scott said he hopes to have a final decision made by Oct. 21, when the league’s presidents and chancellors will meet.Under the current scheduling format in both basketball and football, the teams play each other in a round-robin format. Each football team plays the other once, and each basketball team plays other teams twice — once away and once at home.The issue is that Pac-10 football currently has no conference championship game. This will most likely change with the addition of Colorado and Utah, as the 12 teams will be split into two divisions, with the winner of each meeting in a conference championship game.The question that remains is how it should be done.One option is the so-called “zipper” format, in which each geographic rivalry would be split into separate divisions ­— USC split from UCLA, Stanford from Cal, Arizona from Arizona St. and so on. However, each team would still play a nine-game schedule, which would include two or three conference games out of their division — one against its rival.Another solution is a North-South split, in which the Pacific Northwest schools would create one division and the Southern California and Arizona schools the other.The issue is whether to put the Northern California schools or the conference newcomers in the South. If Stanford and Cal were put with the Southern schools, it would isolate the Northern Division from recruiting-rich California. However, if the Bay Area schools are placed in the north, they would lose their annual rivalry games with USC and UCLA, and therefore the media revenue and exposure gained from playing in the Los Angeles market.Either way, the winner of each division would face each other in a conference championship game, presumably at a neutral site, although Scott did say that the conference is exploring having the school with a better record or standing host the championship.However, should USC lose its appeal to the NCAA regarding its program sanctions, it would not be able to participate in the championship game until 2012.In basketball, the conference wants to keep its 18-game conference set-up. In order to do this, teams will play their geographic rivals along with six other teams in a home-and-home format, meaning one game would be played at each school. They would then play one game against the other four conference teams; two at home and two on the road. That would ensure that all conference teams play each other at least once during the season, but not all in a home-and-home set-up.The conference tournament in basketball would invite all 12 teams and remain at the Staples Center until 2012.The conference currently has a television contract with Fox Sports Net, but will most likely open up television negotiations next year.last_img read more

UFC: Jorge Masvidal feels Conor McGregor is scared to fight him

first_img 10 months ago UFC: Dwayne ‘The Rock’ Johnson plans to make a biopic on Mark Kerr WATCH US LIVE COMMENT SUBSCRIBE TO US Also Read- UFC: Conor McGregor Shows Off His Lean Physique On InstagramUFC: Jorge Masvidal fires back at Conor McGregorJorge Masvidal has expressed his urge to fight Conor McGregor in the past but unfortunately, the fight never happened. Looking at the current scenario, Conor McGregor vs Jorge Masvidal looks absolutely legitimate but the BMF feels that McGregor is too scared to sign the contract. According to Masvidal, McGregor is a salty a** dude and that’s how he gets salt by asking for salt and vinegar at the drive because Masvidal himself has never asked for those two things. Masvidal also suggested McGregor for calling UFC President Dana White and throw some numbers at their way. Masvidal has slammed McGregor in the past too. After so much social media and public appearance beefing, Dana White should surely arrange the fight but only if McGregor agrees to it. The Irish fighter has yet not replied to Masvidal regarding their match-up and nothing can be said until the ‘Mr Notorious’ decides to respond.Also Read- UFC: Conor McGregor Gets Attacked In Khabib Nurmagomedov’s RussiaUFC: Jorge Masvidal vs Conor McGregor- Weight class?Conor McGregor is expected to make his return on January 18. However, the question remains of the weight category that he will fight in. Masvidal is a natural welterweight while McGregor fought his last bout in the lightweight category against Khabib Nurmagomedov at UFC 229. So, will McGregor fight Masvidal in welterweight and then return to lightweight for facing the winner of Khabib vs Tony?. Nothing can be finally stated until the Irishman signs the contract and gives a steady disclaimer about his return.Also Read- UFC: 3 Major Fights In UFC History With Controversial EndingsAlso Read- UFC: The Biggest Dream Matches That Never Happened Inside The Cage 10 months ago UFC Salaries: Conor McGregor, Khabib, Nate Diaz salary revealed FOLLOW US 10 months ago UFC 244: Doctor faces online threats after Diaz vs Masvidal fight Written Bycenter_img LIVE TV Raj Sarkar WE RECOMMEND Last Updated: 6th November, 2019 17:42 IST UFC: Jorge Masvidal Feels Conor McGregor Is Scared To Fight Him Jorge Masvidal thinks that he can defeat Conor McGregor with ease and fires back at the former double champ for not signing the contract. Know more details. Former UFC champion Conor McGregor has made headlines with his recent statement in a press conference in Moscow in which he announced that he will face the winner of the BMF belt first as well as the winner of Khabib Nurmagomedov vs Tony Ferguson fight after that for his much-awaited UFC return. Well, UFC 244 is over and Jorge ‘Gamebred’ Masvidal is officially the BMF in UFC. It is believed that McGregor must face Masvidal in his January 18 UFC return but nothing has been finalised yet. After Masvidal’s recent victory against Nate Diaz at UFC 244, McGregor showed his urge to fight the BMF through Twitter but Masvidal fired back at him for not signing an official contract yet. 10 months ago UFC 244: Jorge Masvidal wants to ‘run it back’ with Nate Diaz again First Published: 6th November, 2019 17:42 IST 10 months ago UFC 244: Where to watch, schedule and live streaming detailslast_img read more

Regulated market expansion sees NetEnt deliver H1 solid growth & profits

first_img Related Articles Submit StumbleUpon Share TVBET passes GLI test for five live games in Malta and Italy August 25, 2020 Share Altenar: Supporting expansion plans in Denmark and Portugal August 20, 2020 CT Gaming bolsters Italian profile with The Betting Coach  August 27, 2020 Publishing its H1 2017 interim trading results (period ending 31 June), Stockholm-listed industry content and games developer NetEnt has detailed a strong commercial momentum, recording growth across its core metrics.Updating investors, NetEnt governance stated that H1 had delivered ‘solid growth’ for its verticals, with the company hitting H1 revenues of SEK 805 million, up 15% on corresponding H1 2016’s SEK 697 million.Adding a further 21 new customers during the H1 period, NetEnt would declare a period profit of SEK 281 million (H1 2016: SEK 251 million) despite the firm recording a slight decline in operating margins to 35%.Closing a busy period, NetEnt governance would declare a group profit after tax of SEK 258 million (H1 2016: 235million), representing a 9.5% increase in performance.NetEnt governance detailed that the delivery of growth and profits was a testament to the firm’s ongoing strategy of expanding its services within regulated markets. The company would highlight the performance of its content within the UK and Italian markets.The company further highlights that it expects rapid growth in the markets of Spain, Denmark, Belgium and New Jersey to support its established markets in the coming months.Per Eriksson, President and CEO would comment on H1 2017 trading “The number of gaming transactions in our systems amounted to 10.1 billion during the quarter, corresponding to an increase of 14.4 percent compared to the second quarter of last year. At the same time, the royalty level for our products remained stable. Mobile gaming continued to contribute to our growth and accounted for more than half of our revenues in June. NetEnt continues to generate strong cash flows – in the second quarter free cash flow after investments amounted to 131 SEKm, an increase of 39.8 percent compared to Q2 2016. At the end of May, 540 SEKm of cash was distributed to shareholders through an automatic redemption program. The cash flow generation of our business gives us the financial flexibility to invest in future growth while we continue to aim for significant cash returns to our shareholders.”last_img read more

Josh Reddick did not change anything during August slump

first_img“At the same time, the team was winning. That made it a lot easier to cope with.”Things turned in late August. Reddick stopped hitting the ball as hard. He was “rolling over and striking out” and the frustration started to show in his body language. That was just the darkness before the dawn.Reddick started to come around during the Dodgers’ trip to Colorado at the end of August. In his final 24 games of the season, he went 29 for 76 (.382) with a .946 OPS.“I know I’m a really good hitter,” Reddick said. “I know that and I can help this team out a lot. It just hasn’t really been the case where I’m the guy carrying the team for a week. But that doesn’t seem to be the case of how it works on this team, one guy carrying the team. … That’s what’s great about this lineup. It can be scary good when it starts clicking on all cylinders.”Dodgers manager Dave Roberts is likely to continue spelling Reddick with Yasiel Puig against left-handed pitching (such as Nationals lefty Gio Gonzalez). Nonetheless, he recognizes Reddick is a valuable cylinder to have clicking.“It’s been a huge game-changer for us,” Roberts said of Reddick’s turnaround. “There are certain guys in the lineup who make you go. But when Josh was really scuffling, punching out way more than he’s used to, not making a lot of hard contact, there was a little void.“Right now, he’s got his legs under him. He’s taking good swings and barreling a lot of baseballs up. He’s always been a righty killer and we’re going to see our fair share of right-handers (in the post-season).”Closer callsThe 2016 postseason was just one game old when a manager (Baltimore’s Buck Showalter) was being second-guessed over how he used, or didn’t use, in Showalter’s case, his closer.Roberts said he watched the American League wild-card game Tuesday night and was surprised Showalter didn’t go to his closer, Zach Britton, against the Blue Jays, a decision for which Showalter is being roundly criticized.For his part, Roberts said he would not hesitate to use his closer, Kenley Jansen, to get more than three outs during a playoff game.“That’s certainly something we’ve talked about,” Roberts said. “I know Kenley is open to whatever we think is best for the team. Depending on the game situation. And in the postseason managers are typically more aggressive. It’s likely if it’s called for.”Roberts went to Jansen for “one-plus” saves six times during the regular season. Jansen converted four of the saves and blew two.Game 2The Nationals have announced who will throw out ceremonial pitches before Game 1 (Livan Hernandez) and Game 2 (Drake and Adam LaRoche) in Washington. But Nationals manager Dusty Baker has yet to announce his starting pitcher beyond Game 1 (Max Scherzer).As recently as Tuesday, Baker said it was “unsettled” who would follow Scherzer in the rotation. The choice is between right-hander Tanner Roark and Gonzalez, the lone left-hander in the Nationals’ rotation.If the Nationals do not start Gonzalez in Game 2, the Dodgers would face a left-handed starter just once in the best-of-five series despite finishing last in the majors in nearly every offensive statistic against left-handed pitching, including the lowest team batting average against lefties (.213) over a full season in 45 years. “I learned that probably last year,” Reddick said of his ‘less-is-more’ approach to problem-solving. “For the most part, when I’m going well, my cage work is limited to almost none at all. Pregame, right before the game, I go in there and do my routine.“I just told myself, ‘When I’m going well, I’m doing this.’ Then why am I going to do more when I’m struggling? My swing is going to be the same. There might be one switchup that I do. I might grab a short bat or do one new drill to get me back on track. I just realized that’s what it takes. If I’m not doing so much work when I’m going well, then I want to do the same thing when I’m not doing so well.”Reddick had two things that helped keep him from the natural urge to over-react to his slump: The Dodgers were winning without him and he was hitting the ball hard. The first gave him cover; the second gave him confidence.“I think that was the first time in my career I’ve struggled while hitting the ball so hard,” he said. “I think I was told for the whole month of August I had the highest exit velo(city) off the barrel with the lowest batting average.”That dubious honor wasn’t something Reddick wanted to hold for long. But “it told me I was doing everything right. WASHINGTON, D.C. >> August “wasn’t the worst time I’ve ever had in baseball,” Dodgers outfield Josh Reddick said. But it is definitely on the short list.“For that long of a time, you can’t help pressing and trying to do too much,” said Reddick, who went 11 for his first 79 at-bats with one extra-base hit and no RBIs in his first 23 games with the Dodgers.But Reddick found his way out of it by doing the hardest thing a slumping hitter can do: Nothing.He didn’t tinker with his swing. He didn’t change his stance or approach. He didn’t change his daily routine. He didn’t make any offerings to the baseball gods, though a statue of Jobu (the mythical god of slump-busting from the movie “Major League”) did appear in his locker.center_img Newsroom GuidelinesNews TipsContact UsReport an Errorlast_img read more