HAMILTON, Bermuda, May 07, 2026 (GLOBE NEWSWIRE) -- SiriusPoint Ltd. ("SiriusPoint" or the "Company") (NYSE:SPNT), a specialty underwriter, today announced results for its first quarter ended March 31, 2026.

First Quarter 2026 Highlights

• Net income available to SiriusPoint common shareholders of $100 million, or $0.82 per diluted common share
• Operating earnings per share of $0.70, up 37% versus prior year
• Annualized return on equity of 17.4%, with operating return on equity of 15.3%
• Core combined ratio of 88.9% improved 6.5 points versus prior year
• Insurance & Services gross written premium growth of 8%; discipline in Reinsurance with premiums decreasing 10%
• Book value per diluted common share (ex. AOCI) increased 5% from December 31, 2025 to $18.98
• Total capital returned to shareholders of $242 million, including $42 million of common share repurchases⁽¹⁾. Increasing 2026 share repurchase commitment by a further $74 million to our full authorization of $174 million
• Balance sheet remains strong with BSCR estimate of 242%
• Financial Strength Ratings upgraded to 'A' by three Rating Agencies in the last three months
  

(1) As at May 6, 2026.

Scott Egan, Chief Executive Officer, said: "We began 2026 with continued strong momentum. Our first quarter results provide further evidence of our consistent delivery with a Core combined ratio of 88.9%. With an operating return on equity of 15.3%, we are once again operating at the top end of our 12-15% across the cycle target range.

"We believe our strategy and nimbleness positions us well to grow where we see attractive returns, despite market conditions softening in places. During the quarter we have grown our Insurance & Services premium by 8% versus prior year, while being disciplined in the Reinsurance market where we reduced premiums by 10%. We continue to be positive about growth opportunities for the remainder of 2026 in Insurance and will maintain our disciplined approach in Reinsurance.

"We were pleased by the ratings upgrades from S&P, AM Best and Fitch in the last three months, with each recognizing our continued progress and financial strength.

"With a strong balance sheet, clear underwriting strategy, a lower volatility portfolio, and three ratings upgrades, we believe we are positioned well to deliver sustained strong performance."

Key Financial Metrics

The following table shows certain key financial metrics for the three months ended March 31, 2026 and 2025 and as of March 31, 2026 and December 31, 2025:

First Quarter 2026 Summary

Consolidated underwriting income for the three months ended March 31, 2026 was $77.7 million compared to $54.1 million for the three months ended March 31, 2025. The improvement was primarily driven by premium growth and a decrease in catastrophe losses of $62.5 million, partially offset by a decrease in favorable prior year development of $16.3 million.

Reportable Segments

The determination of our reportable segments is based on the manner in which management monitors the performance of our operations, which consist of two reportable segments - Insurance & Services and Reinsurance. Collectively, the sum of our two segments, Insurance & Services and Reinsurance, constitute our "Core" results. Core underwriting income, Core net services income, Core income and Core combined ratio are non-GAAP financial measures. See reconciliations in "Segment Reporting." We believe it is useful to review Core results as it better reflects how management views the business and reflects our decision to exit the run off business. The sum of Core results and Corporate results are equal to the consolidated results of operations.

Core Premium Volume

Gross written premium increased by $13.9 million, or 1.4%, to $1,003.8 million for the three months ended March 31, 2026 compared to $989.9 million for the three months ended March 31, 2025. Net written premium decreased by $55.2 million, or 7.3%, to $696.8 million for the three months ended March 31, 2026 compared to $752.0 million for the three months ended March 31, 2025. Net earned premium increased by $12.5 million, or 2.0%, to $638.3 million for the three months ended March 31, 2026 compared to $625.8 million for the three months ended March 31, 2025. The increases in gross written premium and net earned premium were driven by our Insurance & Services segment, including growth in Accident & Health ("A&H"), General Liability, and Surety, partially offset by decreases in our Reinsurance segment, primarily in Property Catastrophe, Bermuda and London Specialty, and New York Casualty. The decrease in net written premium was primarily driven by the decreases in our Reinsurance segment and the ceded premium related to the inception of an aggregate reinsurance program in the current quarter, as well as a large one-time assumed reinsurance contract with a single MGA in our Surety business in the first quarter of 2025.

Core Underwriting Results

Core results for the three months ended March 31, 2026 included income of $79.3 million compared to $47.4 million for the three months ended March 31, 2025. Income for the three months ended March 31, 2026 consists of underwriting income of $70.9 million (88.9% combined ratio) and net services income of $8.4 million, compared to underwriting income of $28.5 million (95.4% combined ratio) and net services income of $18.9 million for the three months ended March 31, 2025. The improvement in underwriting income was primarily driven by decreased catastrophe losses and a lower attritional loss ratio, partially offset by a decrease in favorable prior year development and higher expense ratios.

Catastrophe losses were minimal for the three months ended March 31, 2026, compared to $67.9 million, or 10.9 percentage points on the combined ratio, for the three months ended March 31, 2025, primarily from the California wildfires. Losses incurred included $32.2 million of favorable prior year loss reserve development for the three months ended March 31, 2026 primarily driven by favorable development in Credit, mainly from better than expected loss experience, as well as favorable development in A&H, due to lower than expected reported attritional losses, compared to $34.3 million for the three months ended March 31, 2025 primarily driven by favorable development in Property, mainly from reserve releases relating to prior year's catastrophe events, as well as favorable development in A&H, due to lower than expected reported attritional losses. The increased acquisition cost ratio primarily resulted from profit commission accruals related to prior year programs, and the increased other underwriting expense ratio is largely driven by timing items.

The decrease in net services income was due to the deconsolidation of Armada, partially offset by growth in IMG and the acquisition of Assist America. Service margin, which is calculated as Net service fee income as a percentage of services revenues, increased to 14.6% for the three months ended March 31, 2026 from 13.8% for the three months ended March 31, 2025, when adjusted to exclude Armada, driven by the acquisition of Assist America.

Insurance & Services Segment

Insurance & Services gross written premium were $684.6 million for the three months ended March 31, 2026, an increase of $49.5 million, or 7.8%, compared to the three months ended March 31, 2025, primarily driven by growth in A&H, General Liability, and Surety.

Insurance & Services generated income of $38.5 million for the three months ended March 31, 2026, compared to $39.0 million for the three months ended March 31, 2025. Income for the three months ended March 31, 2026 consists of underwriting income of $30.1 million (92.0% combined ratio) and net services income of $8.4 million, compared to underwriting income of $20.1 million (94.0% combined ratio) and net services income of $18.9 million for the three months ended March 31, 2025. The improvement in underwriting income was primarily driven by a lower attritional loss ratio and increased favorable prior year loss reserve development, partially offset by increased expense ratios. For the three months ended March 31, 2026, favorable prior year loss reserve development was $15.1 million compared to $2.5 million for the three months ended March 31, 2025, primarily driven by increases in A&H due to lower than expected reported attritional losses. The increased acquisition cost ratio primarily resulted from profit commission accruals related to prior year programs, and the increased other underwriting expense ratio is largely driven by timing items. The decrease in net services income was due to the deconsolidation of Armada, partially offset by growth in IMG and the acquisition of Assist America.

Reinsurance Segment

Reinsurance gross written premium were $319.2 million for the three months ended March 31, 2026, a decrease of $35.6 million, or 10.0%, compared to the three months ended March 31, 2025, primarily driven by decreases in Property Catastrophe, Bermuda and London Specialty, and New York Casualty.

Reinsurance generated underwriting income of $40.8 million (84.2% combined ratio) for the three months ended March 31, 2026, compared to $8.4 million (97.1% combined ratio) for the three months ended March 31, 2025. The improvement in net underwriting results for the three months ended March 31, 2026 compared to the three months ended March 31, 2025 was primarily driven by a decrease in catastrophe losses of $57.7 million and a lower attritional loss ratio, partially offset by a decrease in favorable prior year loss reserve development of $14.7 million.

Investments

Net investment income decreased to $66.4 million for the three months ended March 31, 2026 compared to $71.2 million for the three months ended March 31, 2025 driven by lower yields in the current period. Net investment gains (losses) increased to $11.4 million for the three months ended March 31, 2026 compared to $(0.3) million for the three months ended March 31, 2025 primarily due to gains on private equity funds classified in Other long-term investments.

Webcast Details

The Company will hold a webcast to discuss its first quarter 2026 results at 8:30 a.m. Eastern Time on May 8, 2026. The webcast of the conference call will be available over the Internet from the Company's website at www.siriuspt.com under the "Investor Relations" section. Participants should follow the instructions provided on the website to download and install any necessary audio applications. The conference call will be available by dialing 1-877-451-6152 (domestic) or 1-201-389-0879 (international). Participants should ask for the SiriusPoint Ltd. first quarter 2026 earnings call.

The online replay will be available on the Company's website immediately following the call at www.siriuspt.com under the "Investor Relations" section.

Safe Harbor Statement Regarding Forward-Looking Statements

This press release includes "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are subject to known and unknown risks and uncertainties, many of which may be beyond the Company's control. The Company cautions you that the forward-looking information presented in this press release is not a guarantee of future events, and that actual events may differ materially from those made in or suggested by the forward-looking information contained in this press release. In addition, forward-looking statements generally can be identified by the use of forward-looking terminology such as "believes," "intends," "seeks," "anticipates," "aims," "plans," "targets," "estimates," "expects," "assumes," "continues," "guidance," "should," "could," "will," "may" and the negative of these or similar terms and phrases. These risks and uncertainties include, but are not limited to, the "Risk Factors" described in the Company's most recent Annual Report on Form 10-K and other subsequent periodic reports filed with the Securities and Exchange Commission.

All forward-looking statements speak only as of the date made and the Company undertakes no obligation to update or revise publicly any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by applicable law.

Non-GAAP Financial Measures and Other Financial Metrics

In presenting SiriusPoint's results, management has included financial measures that are not calculated under standards or rules that comprise accounting principles generally accepted in the United States ("GAAP"). SiriusPoint's management uses this information in its internal analysis of results and believes that this information may be informative to investors in gauging the quality of SiriusPoint's financial performance, identifying trends in our results, and providing meaningful period-to-period comparisons. Core underwriting income, Core net services income, Core income, Core combined ratio, book value per diluted common share excluding accumulated other comprehensive income (loss) ("AOCI"), tangible book value per diluted common share, Operating net income, Core Operating net income, Operating earnings per share, Core Operating earnings per share, Operating ROE and Core Operating ROE are non-GAAP financial measures. Reconciliations of such non-GAAP financial measures to the most directly comparable GAAP figures are included in the attached financial information in accordance with Regulation G and Item 10(e) of Regulation S-K, as applicable.

About the Company

SiriusPoint is a global underwriter of insurance and reinsurance providing solutions to clients and brokers around the world. Bermuda-headquartered with offices in New York, London, Stockholm and other locations, we are listed on the New York Stock Exchange (SPNT). We have licenses to write Property & Casualty and Accident & Health insurance and reinsurance globally. Our offering and distribution capabilities are strengthened by a portfolio of strategic partnerships with Managing General Agents and Program Administrators. With approximately $3.0 billion total capital, SiriusPoint's operating companies have a financial strength rating of A from AM Best, S&P and Fitch, and A3 from Moody's. For more information, please visit www.siriuspt.com. 

Contacts

Investor Relations
Liam Blackledge - Investor Relations and Strategy Manager
Liam.Blackledge@siriuspt.com 
+ 44 203 772 3082

Media
Natalie King - Global Head of Marketing and External Communications
Natalie.King@siriuspt.com 
+ 44 770 728 8817

SIRIUSPOINT LTD.
CONSOLIDATED BALANCE SHEETS (UNAUDITED)
As of March 31, 2026 and December 31, 2025
(expressed in millions of U.S. dollars, except per share and share amounts)

SIRIUSPOINT LTD.
SEGMENT REPORTING

SIRIUSPOINT LTD.
NON-GAAP FINANCIAL MEASURES AND RECONCILIATIONS & OTHER FINANCIAL MEASURES

Non-GAAP Financial Measures

Core Results

Collectively, the sum of the Company's two segments, Insurance & Services and Reinsurance, constitute "Core" results. Core underwriting income, Core net services income, Core income and Core combined ratio are non-GAAP financial measures. We believe it is useful to review Core results as it better reflects how management views the business and reflects our decision to exit the run off business. The sum of Core results and Corporate results are equal to the consolidated results of operations.

Core underwriting income - calculated by subtracting loss and loss adjustment expenses incurred, net, acquisition costs, net, and other underwriting expenses from net premiums earned.

Core net services income - consists of services revenues which include commissions, brokerage and fee income related to consolidated MGAs, and other revenues, as well as services expenses which include direct expenses related to consolidated MGAs and services noncontrolling income which represent minority ownership interests in consolidated MGAs. Net services income is a key indicator of the profitability of the Company's services provided.

Core income - consists of two components, core underwriting income and core net services income. Core income is a key measure of our segment performance.

Core combined ratio - calculated by dividing the sum of Core loss and loss adjustment expenses incurred, net, acquisition costs, net and other underwriting expenses by Core net premiums earned. Accident year loss ratio and accident year combined ratio are calculated by excluding prior year loss reserve development to present the impact of current accident year net loss and loss adjustment expenses on the Core loss ratio and Core combined ratio, respectively. Attritional loss ratio excludes catastrophe losses from the accident year loss ratio as they are not predictable as to timing and amount. These ratios are useful indicators of our underwriting profitability.

Book Value Per Diluted Common Share Metrics

Book value per diluted common share excluding AOCI and tangible book value per diluted common share, as presented, are non-GAAP financial measures and the most directly comparable U.S. GAAP measure is book value per diluted common share. Management believes it is useful to exclude AOCI because it may fluctuate significantly between periods based on movements in interest and currency rates. Tangible book value per diluted common share excludes goodwill and intangible assets. Management believes that effects of goodwill and intangible assets are not indicative of underlying underwriting results or trends and make book value comparisons to less acquisitive peer companies less meaningful. Tangible book value per diluted common share is useful because it provides a more accurate measure of the realizable value of shareholder returns.

The following table sets forth the computation of book value per common share, book value per diluted common share, book value per diluted common share excluding AOCI, and tangible book value per diluted common share as of March 31, 2026 and December 31, 2025:

Operating and Core Operating Metrics

Operating net income, Core Operating net income, Operating earnings per share and Core Operating earnings per share are non-GAAP financial measures and the most directly comparable U.S. GAAP measures are net income and diluted earnings per share. Operating net income excludes items which we believe are not indicative of the operations of our operating businesses, including realized and unrealized gains (losses) on strategic and other investments and liability-classified capital instruments, non-recurring costs associated with acquisitions or sales of subsidiaries, income (expense) related to loss portfolio transfers, deferred tax assets attributable to the enactment of the Bermuda corporate income tax, development on COVID-19 reserves resulting from the COVID-19 reserve study performed concurrently with the settlement of the Series A Preference shares in the third quarter of 2024, and foreign exchange gains (losses). Core Operating net income also excludes the Corporate (run off) business. We believe it is useful to review Operating net income and Core Operating net income as it better reflects how we view the business, as well as provides investors with an alternative metric that can assist in predicting future earnings and profitability that are complementary to GAAP metrics. Operating ROE is calculated by dividing annualized Operating net income for the period by average common shareholders' equity, excluding AOCI, and after adjusting for the above noted items to arrive at Operating net income. Core Operating ROE also excludes the results of the Corporate (run off) business.

The following table sets forth the computation of Operating net income, Core Operating net income, Operating earnings per share and Core Operating earnings per share for the three months ended March 31, 2026 and 2025:

The following table sets forth the computation of Operating Return on Average Common Shareholders' Equity for the three months ended March 31, 2026 and 2025:

The following table sets forth the computation of Core Operating Return on Average Common Shareholders' Equity for the three months ended March 31, 2026 and 2025:

Other Financial Measures

Annualized Return on Average Common Shareholders' Equity Attributable to SiriusPoint Common Shareholders

Annualized return on average common shareholders' equity attributable to SiriusPoint common shareholders is calculated by dividing annualized net income available to SiriusPoint common shareholders for the period by the average common shareholders' equity determined using the common shareholders' equity balances at the beginning and end of the period.

Annualized return on average common shareholders' equity attributable to SiriusPoint common shareholders for the three months ended March 31, 2026 and 2025 was calculated as follows:

WUHU, China, May 08, 2026 (GLOBE NEWSWIRE) -- From April 20 to 26, LEPAS made a striking appearance in Milan under the theme "Here's to Elegance," marking its European regional brand debut. Following the European Regional Brand Technology Unveil on April 20, the six-day public exhibition (April 21?26) welcomed global visitors to an immersive brand experience that seamlessly blended aesthetics, technology, and lifestyle. Held during Milano Design Week, the showcase attracted designers, fashion insiders, and industry professionals, generating strong foot traffic and social engagement.

As a global design capital, Milan provided the ideal stage for LEPAS's European debut. Located in Tortona, the core exhibition district of Milano Design Week, the LEPAS space featured a minimalist, contemporary design language, combining artistic ambiance with advanced technology to create a premium, immersive environment. Visitors experienced a multi-sensory journey that reflected the brand's vision of elegant mobility.

LEPAS curated a refined on-site experience, including live string performances and harp recitals that enhanced the atmosphere with elegance and calm. In collaboration with De'Longhi, a dedicated coffee tasting area allowed guests to enjoy Italian coffee culture alongside the exhibition. Together, these elements expressed LEPAS's vision of a composed, sophisticated lifestyle aligned with the expectations of a quality-driven global audience.

At the center of the exhibition, the LEPAS L6 ? making its European debut ? was presented alongside the flagship LEPAS L8. Both models embody the brand's exploration of elegant mobility across different scenarios. The L6 integrates European minimalism with refined Eastern aesthetics through the "Leopard Aesthetics" design language. Its dynamic exterior lines and a wraparound smart cockpit with a "Skyline" theme and central waterfall display create a spacious, tranquil premium interior. Every detail reflects the expectations of European high-end users for both quality and lifestyle sophistication.

Built on the Intelligent LEX Platform, LEPAS brings its concept of "Elegant Technology" to life. With multi-power compatibility and adaptability to global markets, the platform transforms advanced new energy and intelligent technologies into a smooth, quiet, and refined driving experience ? making technology a natural extension of everyday life.

Visitors from around the world experienced the brand firsthand, noting that LEPAS redefines traditional perceptions of new energy vehicles by balancing elegant design with advanced technology. European fashion influencers and automotive KOLs widely attended the event, reinforcing the brand's resonance with the premium market.

As a global new energy brand under Chery Group, LEPAS continues to expand its presence in Europe. The flagship LEPAS L8 has been showcased at the Turin Auto Show and participated in media test drives in markets such as Spain. At Auto China 2026, LEPAS also unveiled its global NEV strategy and product lineup, including the LEPAS L6 EV, LEPAS L4 EV, and LEPAS L6 PHEV, alongside its Global Partner Conference to strengthen international collaboration.

Starting from Milan, LEPAS will continue to use design as its language and technology as its foundation, delivering refined new energy mobility solutions for global users.

Chery Group
Peiwen Tan
Email: tanpeiwen@mychery.com
Website: lepasinternational.com

Basildon, May 8, 2026

CNH Industrial N.V. (NYSE: CNH) today held its 2026 Annual General Meeting (2026 AGM) of shareholders. Among the voting items, shareholders voted to re-appoint Suzanne Heywood and Gerrit Marx as executive directors; re-appoint Elizabeth Bastoni, Howard W. Buffett, Karen Linehan, Alessandro Nasi, and Vagn S?rensen as non-executive directors; and appoint Richard Palmer and Lorenzo Simonelli as non-executive directors.

Shareholders approved the Company's 2025 financial statements prepared under IFRS. Shareholders also approved a dividend in cash of $0.10 per outstanding common share, totaling approximately $124.2 million.

The dividend will be paid on May 29, 2026, to shareholders of record on May 21, 2026. Shareholders holding CNH common shares deposited in Monte Titoli on the record date will receive the dividend in Euro at the official EUR/USD exchange rate of May 21, 2026 reported by the European Central Bank.

Details on all other proposals voted on by shareholders at the 2026 AGM are available on the Company's website (investors.cnh.com/events-and-presentations/shareholder-meetings).

***

Concurrently with the 2026 AGM, the Company published its 2025 Sustainability Report. It includes CNH's sustainability priorities, related strategic targets, and the main results achieved throughout 2025.

To consult the Report online, visit: www.cnh.com/-/media/CNHi/cnhicorporate/Sustainability/sustainability_reports/docs/CNH_Sustainability_2025_0605-Final.pdf
CNH Industrial (NYSE: CNH) is a world-class equipment, technology and services company. Driven by its purpose of Breaking New Ground, which centers on Innovation, Sustainability and Productivity, the Company provides the strategic direction, R&D capabilities, and investments that enable the success of its global and regional Brands. Globally, Case IH and New Holland supply 360? agriculture applications from machines to implements and the digital technologies that enhance them; and CASE and New Holland Construction Equipment deliver a full lineup of construction products that make the industry more productive.

The Company's regionally focused Brands include: STEYR, for agricultural tractors; Raven, a leader in digital agriculture, precision technology and the development of autonomous systems; Hemisphere, a leading designer and manufacturer of high-precision satellite-based positioning, and heading technologies; Flexi-Coil, specializing in tillage and seeding systems; Miller, manufacturing application equipment; and Eurocomach, producing a wide range of mini and midi excavators for the construction sector, including electric solutions.

Across a history spanning over 180 years, CNH has always been a pioneer in its sectors and continues to passionately innovate and drive customer efficiency and success. As a truly global company, CNH's 34,000+ employees form part of a diverse and inclusive workplace, focused on empowering customers to grow, and build, a better world.

For more information and the latest financial and sustainability reports visit: cnh.com
For news from CNH and its Brands visit: media.cnh.com.***

FREMONT, Calif., May 08, 2026 (GLOBE NEWSWIRE) -- Dmitry Shubov Consulting is releasing a strategic briefing to help Southeast Asian (SEA) startups navigate the emerging "Digital Border" created by a global shift toward sovereignty-focused AI deployments. Per Gartner's 2026 outlook, which projects that 35% of nations will be locked into region-specific AI platforms by 2027, the briefing provides a roadmap for SEA founders to adapt their product and governance practices to meet the evolving trust and compliance expectations of U.S. buyers and investors.

"We are starting to see a world where AI essentially needs its own passport," says Dmitry Shubov, founder of Dmitry Shubov Consulting. "When a country builds a sovereign stack, they aren't just protecting data?they're often building a wall for outside vendors. Our goal is to give founders the 'legal passport' their tech needs so it doesn't get geographically stranded while trying to anchor in the United States."

Key Briefing Takeaways for SEA Founders:

• Bridging the Procurement "Trust Gap": Institutional buyers in the U.S. are moving away from "black box" models. They want to see the receipts. Founders will need to implement transparent architectures that satisfy strict expectations for data residency and auditability.
• Engineering for Global Portability: Local context is a huge win in Asia, but it shouldn't become a cage. There are technical and legal requirements for keeping a model portable so it can cross into new jurisdictions without a total rebuild.
• The Diligence Dividend: Mapping out data flows isn't just a chore anymore; it's a competitive advantage. The firms that are going to flourish are those that are actively treating "Regulatory Readiness" as a core product feature, as it can stabilize a startup's valuation and actually speed up the path to investment.
  
  

For startups that need assistance or complete direction, a consulting firm can be the best way to start. Dmitry Shubov Consulting focuses on market entry and regulatory readiness for Southeast Asian legal-tech startups. The firm can help founders prepare the governance, data-flow maps, and procurement materials needed to meet the high bar of U.S. institutional buyers. For more information, visit Dmitry Shubov Consulting directly.

About Dmitry Shubov Consulting

At Dmitry Shubov Consulting, our mission is to connect accredited investors with groundbreaking legal technology startups, fostering innovation and growth across Southeast Asia and helping Asian businesses enter the U.S. market. For more information, please visit our website or contact us directly.

Media Contact:

Support@dmitryshubovconsulting.com

SAN FRANCISCO, May 08, 2026 (GLOBE NEWSWIRE) -- Movement, jaringan blockchain layer 1 berbasis Move, hari ini mengumumkan investasi strategis di Stableyard, platform commerce stablecoin full-stack yang dirancang untuk membuat transfer stablecoin semudah menggunakan uang biasa.

Tahun lalu saja, nilai transaksi yang diproses melalui jaringan blockchain (on-chain) mencapai US$33 triliun, yang melampaui volume transaksi PayPal dan kini mulai menyaingi Visa. Namun, hingga kini stablecoin masih sulit digunakan untuk bertransaksi. Kendalanya terletak pada pengalaman pengguna yang masih terpecah-pecah, mulai dari dompet digital, jaringan blockchain, hingga alur pembayaran yang belum dirancang untuk penggunaan sehari-hari. Stableyard mengatasi masalah ini melalui satu integrasi terpadu yang menangani penerimaan, perutean, penyelesaian transaksi, hingga pencocokan data secara menyeluruh. Merchant dan perusahaan teknologi finansial cukup melakukan satu kali integrasi untuk dapat menerima stablecoin dari dompet digital mana pun di berbagai jaringan blockchain, lalu mencairkannya ke mata uang pilihan mereka.

Movement pertama kali mengenal para pendiri Stableyard, Avinash dan Mitesh, hampir dua tahun lalu. Yang membedakan mereka adalah konsistensi dalam memegang nilai-nilai yang mereka anut. Mereka membangun sesuatu bukan untuk mengadopsi kripto. Mereka membangun ini untuk membuat sistem keuangan bekerja lebih baik bagi masyarakat luas, dan tetap setia pada misi tersebut tanpa pernah berubah arah.

Selain memberikan modal, Movement juga mendukung Stableyard dari sisi operasional dengan membuka akses ke jaringan merchantnya dan menghubungkan Stableyard ke berbagai aplikasi dalam ekosistem terbesarnya. Movement juga akan mengintegrasikan sistem checkout Stableyard sebagai metode pembayaran stablecoin untuk aplikasi-aplikasi berbasis Movement

Movement Network dirancang untuk mendukung ekosistem keuangan on-chain yang lebih luas sehingga produk keuangan yang sebelumnya hanya dapat diakses melalui bank swasta atau rekening bank AS kini bisa digunakan siapa pun hanya dengan ponsel. Infrastruktur Stableyard dirancang untuk secara langsung mendukung tujuan tersebut.

Tentang Movement:
Movement adalah jaringan blockchain layer 1 berbasis Move yang dibangun untuk menghadirkan transfer dana yang cepat, berbiaya rendah, dan taat regulasi dalam skala global. Move adalah bahasa pemrograman yang dikembangkan Meta untuk aplikasi keuangan, dirancang sejak awal untuk menjaga keamanan aset finansial dan dibuat khusus untuk mendukung perpindahan dana lintas negara di dunia nyata. Jaringan M1 milik Movement mendukung ekosistem yang terus berkembang, mencakup neobank, teknologi finansial, dan penyedia layanan pembayaran di berbagai koridor transaksi dengan permintaan tinggi di Afrika Timur, Afrika Barat, Amerika Tengah, dan Asia Tenggara. Untuk mengetahui informasi selengkapnya, kunjungi MovementNetwork.xyz dan ikuti @Movement_xyz di X.

Foto yang menyertai pengumuman ini tersedia di https://www.globenewswire.com/NewsRoom/AttachmentNg/f3731a9d-0299-4378-a5b0-9db27a5761f5

SCOTTSDALE, Ariz., May 07, 2026 (GLOBE NEWSWIRE) -- WillScot Holdings Corporation ("WillScot" or the "Company") (Nasdaq: WSC), a leader in innovative temporary space solutions, today announced first quarter 2026 results, including key performance highlights and market updates, and raised its 2026 full year outlook.

Q1 2026¹

• Generated revenue of $549 million, gross profit margin percentage of 52.1%, and net income of $28 million.
• Reported Adjusted Net Income of $39 million and Adjusted EBITDA of $211 million at a 38.5% margin.
• Reported diluted and Adjusted Diluted Earnings Per Share of $0.15 and $0.21, respectively.
• Leasing and services revenue of $525 million increased year-over-year, with a 2.0% decline in leasing revenue more than offset by a 12.3% increase in delivery and installation revenue driven by project activations during the quarter.
• Generated Net cash provided by operating activities of $191 million and Adjusted Free Cash Flow of $116 million at a 21.1% margin.
• Paid down $76 million of outstanding debt and returned $20 million to shareholders through our quarterly cash dividend and share repurchases.
• Increased previously issued full year 2026 outlook for revenue, Adjusted EBITDA, and Net CAPEX given continued improving commercial demand.
  
  

Tim Boswell, President and Chief Executive Officer of WillScot, commented, "Our first quarter 2026 results were encouraging, with clear progress across our commercial and operational priorities for the year. We are seeing a steady increase in demand from larger project opportunities, most notably in the data center, power generation and utility, diversified manufacturing, and events sectors, that align well with both our value proposition and our strategic focus on enterprise accounts, new verticals, and our expanded offerings. Order and activation trends continued to strengthen through April, which combined with the growing volume of larger projects, is giving us better visibility into the second half of the year and is consistent with our longer-term strategy to drive higher quality revenue mix. Operationally, our teams are mobilizing to support increased activity levels by executing our previously announced Network Optimization Plan, rolling out our route optimization and dispatch platform in the field, continuing to optimize centralized shared services, and activating fleet to increase availability and minimize lead times across the network. Each of these initiatives supports our ability to capture immediate market opportunities while improving long-term profitability and the customer experience."

Boswell continued, "The strengthening commercial activity supports our increased 2026 outlook for Revenue, Adjusted EBITDA and capital expenditures, and we think there is a credible path to inflect leasing revenues to year-over-year growth in the second half of 2026. We remain focused on advancing initiatives that are within our control to strengthen our competitive positioning, serve our customers, and drive long-term shareholder value creation. I am incredibly grateful to our team for their focus on clean and consistent execution."

Matt Jacobsen, Chief Financial Officer of WillScot, commented, "First quarter 2026 revenues of $549 million and Adjusted EBITDA of $211 million exceeded our outlook entering the year. Large project demand drove outperformance in unit activations, which drove a year-over-year increase in variable costs, but also 12% year-over-year growth in delivery and installation revenues in the quarter. While these items naturally weigh on Adjusted EBITDA margins in the short-term, we expect that these activity levels will support units-on-rent and an increased lease revenue run-rate heading into the second half of the year."

Jacobsen concluded, "Based on first quarter results and our current order book levels, we are raising our 2026 outlook to $2.250 billion in revenue and $915 million in Adjusted EBITDA. We continue to see improving commercial demand stemming mainly from larger project activity in our modular space portfolio. In contrast, we have not seen improved demand across local markets, so while stabilizing, we remain cautious about the outlook. That said, we are raising our Net CAPEX outlook to $325 million for 2026 to support strong demand in select product lines tied to large scale projects. This increase speaks favorably to our competitive positioning and is expected to offset continued softness in other transactional product categories, supporting the second half 2026 leasing revenue inflection now implied in our current outlook."

First Quarter 2026 Results¹ 

^{(a) Includes revenue from clearspan structures.
(b) Includes $10.2 million and $9.2 million of service revenue for the three months ended March 31, 2026 and 2025, respectively.
(c) Includes primarily damage billings, delinquent payment charges, and other processing fees associated with leasing arrangements, and is partially offset by write offs of specific uncollectible lease receivables recorded as a reduction to revenue of $13.0 million and $10.6 million, for the three months ended March 31, 2026 and 2025, respectively.}

Capitalization and Liquidity Update¹
As of and for the three months ended March 31, 2026, except where noted:

• Net cash provided by operating activities was $191 million, resulting in $116 million of Adjusted Free Cash Flow after Net CAPEX investments.
• Invested $89 million of Net CAPEX, supporting both maintenance capex needs and growth in higher value products from strong ongoing large project demand.
• Total debt was $3,514 million and net debt was $3,499 million, representing a $76 million reduction in our total debt balance in the quarter. Our next debt maturity is in August 2028.
• Availability under our asset-based revolving credit facility ("ABL Facility") was approximately $1.5 billion.
• Weighted average pre-tax interest rate, inclusive of $1.25 billion of fixed-to-floating swaps of 1-month SOFR at 3.54%, was approximately 5.7%. Estimated annual cash interest expense based on our current debt structure and benchmark rates is approximately $202 million, or approximately $215 million inclusive of non-cash amortization of deferred financing fees. Our debt structure is approximately 90% / 10% fixed-to-floating after giving effect to the interest rate swaps.
• Net Debt to Adjusted EBITDA was at 3.7x based on our last 12 months Adjusted EBITDA of $953 million.
• Repurchased 352,900 shares of Common Stock for $7 million in the first quarter of 2026, contributing to a 1.2% reduction in our outstanding share count over the 12 months ended March 31, 2026.
• Paid quarterly cash dividend of $0.07 per share on March 18, 2026 to shareholders of record as of March 4, 2026.
  
  

2026 Full Year Outlook¹
The Company raised its full year 2026 outlook provided in February 2026. This outlook uses approximate figures and is subject to risks and uncertainties, including those described in "Forward-Looking Statements" below.

____________________
^{1 - Adjusted EBITDA, Adjusted EBITDA Margin, Adjusted Net Income, Adjusted Diluted Earnings Per Share, Adjusted Weighted Average Diluted Shares Outstanding, Adjusted Free Cash Flow, Adjusted Free Cash Flow Margin, Net Debt, Net Debt to Adjusted EBITDA ratio, Net CAPEX and Return on Invested Capital are financial measures that are not required by, or calculated in accordance with, generally accepted accounting principles in the US ("GAAP"). Further information and reconciliations for these non-GAAP financial measures to the most directly comparable financial measure calculated in accordance with GAAP are included at the end of this press release. Information reconciling forward-looking Adjusted EBITDA and Net CAPEX to the most directly comparable GAAP financial measures is unavailable to the Company without unreasonable effort and, therefore, neither the most directly comparable GAAP financial measures nor reconciliations to the most directly comparable GAAP measures are provided.}

Non-GAAP Financial Measures
This press release includes non-GAAP financial measures, including Adjusted EBITDA, Adjusted EBITDA Margin, Adjusted Net Income, Adjusted Diluted Earnings Per Share, Adjusted Weighted Average Diluted Shares Outstanding, Adjusted Free Cash Flow, Adjusted Free Cash Flow Margin, Return on Invested Capital, Net CAPEX, and Net Debt to Adjusted EBITDA ratio. These non-GAAP financial measures should not be considered in isolation from, or as an alternative to, financial measures calculated in accordance with GAAP. Other companies may calculate these non-GAAP financial measures differently, and, therefore, the Company's non-GAAP financial measures may not be directly comparable to similarly-titled measures of other companies. For reconciliations of the non-GAAP financial measures used in this press release (except as explained below), see "Reconciliation of Non-GAAP Financial Measures" included in this press release.

Information regarding the most directly comparable GAAP financial measures and reconciling forward-looking Adjusted EBITDA and Net CAPEX to those GAAP financial measures is unavailable to the Company without unreasonable effort. We cannot provide the most comparable GAAP financial measures nor reconciliations of forward-looking Adjusted EBITDA and Net CAPEX to the most directly comparable GAAP financial measures because certain items required for such reconciliations are outside of our control and/or cannot be reasonably predicted, such as the provision for income taxes. Preparation of such reconciliations would require a forward-looking balance sheet, statement of income, and statement of cash flow, prepared in accordance with GAAP, and such forward-looking financial statements are unavailable to the Company without unreasonable effort. Although we provide outlooks for Adjusted EBITDA and Net CAPEX that we believe will be achieved, we cannot accurately predict all the components of the Adjusted EBITDA and Net CAPEX calculations. The Company provides Adjusted EBITDA and Net CAPEX guidance because we believe that Adjusted EBITDA and Net CAPEX, when viewed with our results under GAAP, provides useful information for the reasons noted below.

Conference Call Information
WillScot will host a conference call and webcast to discuss its first quarter and full year 2026 results and the 2026 outlook at 5:30 p.m. Eastern Time on Thursday, May 7, 2026. To access the live call by phone, use the following link:

https://register-conf.media-server.com/register/BI593e7eb881ea45eeac2df4c310b8e1af

You will be provided with dial-in details after registering. To avoid delays, we recommend that participants dial into the conference call 15 minutes ahead of the scheduled start time. A live webcast will also be accessible via the "Events & Presentations" section of the Company's investor relations website: www.investors.willscot.com. Choose "Events" and select the information pertaining to the WillScot First Quarter 2026 Conference Call. Additionally, there will be slides accompanying the webcast. Please allow at least 15 minutes prior to the call to register, download and install any necessary software. For those unable to listen to the live broadcast, an audio webcast of the call will be available for 12 months on the Company's investor relations website.

About WillScot
WillScot (Nasdaq: WSC) is a leading provider of innovative turnkey space solutions in North America, helping customers keep projects moving and operations running. The Company partners with critical industries including construction, manufacturing, healthcare, government, energy and education to deliver the right solutions coupled with a high level of customer service. WillScot's comprehensive portfolio of products ? including modular complexes, dry and cold storage containers, blast-resistant buildings, clearspan industrial structures, fencing, and add-on furnishings and equipment ? is customizable and flexible to support any project need. Headquartered in Scottsdale, Ariz., WillScot operates from a network of approximately 250 branch locations in the U.S., Canada, and Mexico.

Forward-Looking Statements
This press release contains forward-looking statements (including the guidance/outlook contained herein) within the meaning of the U.S. Private Securities Litigation Reform Act of 1995 and Section 21E of the Securities Exchange Act of 1934, as amended. The words "estimates," "expects," "anticipates," "believes," "forecasts," "plans," "intends," "may," "will," "should," "shall," "outlook," "guidance," "see," "have confidence" and variations of these words and similar expressions identify forward-looking statements, which are generally not historical in nature. Certain of these forward-looking statements include statements relating to demand for units tied to large scale projects reducing continued softness from transactional product categories, an improved lease revenue run-rate, and an inflection in year-over-year leasing revenue growth. Forward-looking statements are subject to a number of risks, uncertainties, assumptions and other important factors, many of which are outside our control, which could cause actual results or outcomes to differ materially from those discussed in or implied by the forward-looking statements. Although the Company believes that these forward-looking statements are based on reasonable assumptions, they are predictions and we can give no assurance that any such forward-looking statement will materialize. Important factors that may affect actual results or outcomes include, among others, economic conditions and changes therein, including financial market conditions and levels of end market demand, as a result of macroeconomic and geopolitical conditions, including international armed conflicts; our ability to effectively compete in the modular space and portable storage industries; our ability to effectively manage our credit risk, collect on our accounts receivable, or recover our rental equipment from customers; our ability to implement our Network Optimization Plan; laws and regulations governing antitrust, climate related disclosures, cybersecurity and information technology, privacy, government contracts, anti-corruption, and the environment; the actions of activist shareholders; our ability to successfully acquire and integrate new operations; risks associated with cybersecurity threats and failure of our management information systems; trade policies and changes in trade policies, including the imposition of or increases in tariffs, their enforcement, trade restrictions, and broader economic measures and their consequences; fluctuations in interest rates and commodity prices; risks associated with labor relations, labor costs and labor disruptions; changes in the competitive environment of our customers as a result of the economic climate in which they operate and/or economic or financial disruptions to their industry; our ability to adequately protect our intellectual property and other proprietary rights that are material to our business; natural disasters and other business disruptions such as pandemics; our ability to establish and maintain the appropriate physical presence in our markets; property, casualty or other losses not covered by our insurance; our ability to close our unit sales transactions; our ability to achieve our sustainability goals; operational, economic, political, and regulatory risks; effective management of our rental equipment; the effect of changes in state building codes on our ability to remarket our buildings; significant increases in the costs and restrictions on the availability of raw materials and labor; fluctuations in fuel costs or a reduction in fuel supplies; our reliance on third-party manufacturers and suppliers; impairment of our goodwill, intangible assets and indefinite-life intangible assets; our ability to use our net operating loss carryforwards and other tax attributes; our ability to recognize deferred tax assets, such as those related to tax loss carryforwards, and utilize future tax savings; unanticipated changes in tax obligations, adoption of new tax legislation, or exposure to additional income tax liabilities; our ability to access the capital and credit markets or the ability of key counterparties to perform their obligations to us; our ability to service our debt and operate our business; our ability to incur significant additional amounts of debt and avoid risks associated with substantial indebtedness; covenants that limit our operating and financial flexibility; and such other risks and uncertainties described in the periodic reports we file with the US Securities and Exchange Commission ("SEC") from time to time (including our Annual Report on Form 10-K for the year ended December 31, 2025), which are available through the SEC's EDGAR system at www.sec.gov and on our website. Any forward-looking statement speaks only at the date on which it is made, and the Company disclaims any obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.

Additional Information and Where to Find It
Additional information can be found on the Company's website at www.willscot.com.

Reconciliation of Non-GAAP Financial Measures

In addition to using GAAP financial measurements, we use certain non-GAAP financial measures to evaluate our operating results. Set forth below are definitions of the non-GAAP financial measures used in this press release, reconciliations of these non-GAAP financial measures to the most directly comparable GAAP financial measures, and the reasons why we believe these measures provide useful information to investors. Each of these non-GAAP financial measures has limitations as an analytical tool and should not be considered in isolation from, or as a substitute for analysis of, results reported under GAAP. Our measurements of these metrics may not be comparable to similarly titled measures of other companies.

Adjusted EBITDA and Adjusted EBITDA Margin
We define EBITDA as net income plus net interest (income) expense, income tax expense (benefit), depreciation and amortization. Our adjusted EBITDA ("Adjusted EBITDA") reflects the following further adjustments to EBITDA to exclude certain non-cash items and the effect of what we consider transactions or events not related to our core business operations:

• Currency (gains) losses, net on monetary assets and liabilities denominated in foreign currencies other than the subsidiaries' functional currency.
• Restructuring costs, lease impairment expense, and other related charges associated with restructuring plans designed to streamline operations and reduce costs including employee and lease termination costs.
• Goodwill and other impairment charges related to non-cash costs associated with impairment charges to goodwill, other intangibles, rental fleet and property, plant and equipment.
• Costs to integrate acquired companies, including outside professional fees, non-capitalized costs associated with system integrations, non-lease branch and fleet relocation expenses, employee relocation and training costs, and other costs required to realize cost or revenue synergies.
• Transaction costs including legal and professional fees and other transaction specific related costs.
• Non-cash charges for stock compensation plans.
• Other expense, including consulting expenses related to certain one-time projects, financing costs not classified as interest expense, gains and losses on disposals of property, plant, and equipment, unrealized gains and losses on investments, costs to implement the Company's real estate exits prior to the approval of the Network Optimization Plan, and non-equity executive transition costs.
  
  

We define Adjusted EBITDA Margin as Adjusted EBITDA divided by revenue.

We evaluate business performance utilizing Adjusted EBITDA and Adjusted EBITDA Margin as shown in the reconciliations below. We believe that evaluating performance excluding such items noted above is meaningful because it provides insight with respect to the intrinsic and ongoing operating results of the Company and captures the business performance, inclusive of indirect costs. We believe that Adjusted EBITDA and Adjusted EBITDA Margin (as defined below) are useful to investors because they (i) allow investors to compare performance over various reporting periods on a consistent basis by removing from operating results the impact of items that do not reflect core operating performance; (ii) are used by our board of directors and management to assess our performance; (iii) may, subject to certain limitations, enable investors to compare the performance of the Company to its competitors; (iv) provide additional tools for investors to use in evaluating ongoing operating results and trends; and (v) align with definitions in our ABL Facility.

The following table provides reconciliations of net income to Adjusted EBITDA:

^{(a) For the three months ended March 31, 2026, other included $1.8 million in non-equity executive transition costs}
.
The following table provides comparisons of Adjusted EBITDA Margin to Gross Profit Margin:

Net Debt to Adjusted EBITDA Ratio
Net Debt to Adjusted EBITDA ratio is defined as Net Debt divided by Adjusted EBITDA from the last twelve months. We define Net Debt as total debt net of total cash and cash equivalents. Management believes that Net Debt to Adjusted EBITDA ratio provides useful information to management and investors in evaluating our borrowing capacity and allocation strategies. The following table provides a reconciliation of Net Debt to Adjusted EBITDA ratio:

Adjusted Net Income and Adjusted Diluted Earnings Per Share
We define Adjusted Net Income as net income, plus certain non-cash items and the effect of what we consider transactions not related to our core business operations, including:

• Restructuring costs, lease impairment expense, and other related charges associated with restructuring plans designed to streamline operations and reduce costs including employee and lease termination costs.
• Goodwill and other impairment charges related to non-cash costs associated with impairment charges to goodwill, other intangibles, rental fleet and property, plant and equipment.
• Depreciation expense related real estate exits.
• Equity-based executive transition costs.
• Costs to integrate acquired companies, including outside professional fees, non-capitalized costs associated with system integrations, non-lease branch and fleet relocation expenses, employee relocation and training costs, and other costs required to realize cost or revenue synergies.
• Transaction costs including legal and professional fees and other transaction specific related costs.
• Other expense, including consulting expenses related to certain one-time projects, financing costs not classified as interest expense, gains and losses on disposals of property, plant, and equipment, unrealized gains and losses on investments, costs to implement the Company's real estate exits prior to the approval of the Network Optimization Plan, and non-equity executive transition costs.
  
  

We define Adjusted Diluted Earnings Per Share as Adjusted Net Income divided by Adjusted Diluted Weighted Average Common Shares Outstanding. Management believes that Adjusted Net Income and Adjusted Diluted Earnings Per Share are important measures that allow investors to evaluate performance between periods on a more comparable basis and provide useful information to both management and investors by excluding certain items that may not be indicative of our core operating results and operational strength of our business.

The following table provides reconciliations of Net income to Adjusted Net Income, Diluted earnings per share to Adjusted Diluted Earnings Per Share and weighted average diluted shares outstanding to Adjusted Weighted Average Diluted Shares Outstanding:

^{(1) For the three months ended March 31, 2026, other included $1.8 million in non-equity executive transition costs.
(2) We include estimated taxes at our current statutory tax rate of approximately 27.0% for the three months ended March 31, 2026, and 25% for the three months ended March 31, 2025.}

Adjusted Free Cash Flow and Adjusted Free Cash Flow Margin
We define Adjusted Free Cash Flow as net cash provided by operating activities; less purchases of rental equipment and property, plant and equipment and plus proceeds from sale of rental equipment and property, plant and equipment, which are all included in cash flows from investing activities; and excluding payments for and proceeds from the implementation of the Network Optimization Plan and real estate exits prior to the approval of the Network Optimization Plan and payments for executive transition costs. Adjusted Free Cash Flow Margin is defined as Adjusted Free Cash Flow divided by Revenue. The Company believes that the presentation of Adjusted Free Cash Flow and Adjusted Free Cash Flow Margin provide useful additional information concerning cash flow available to fund our capital allocation alternatives and allow investors to compare cash generation performance over various reporting periods and against peers. The following table provides reconciliations of net cash provided by operating activities to Adjusted Free Cash Flow and Adjusted Free Cash Flow Margin:

Net CAPEX
We define Net CAPEX as purchases of rental equipment and refurbishments and purchases of property, plant and equipment, less proceeds from the sale of rental equipment (excluding proceeds from the implementation of the Network Optimization Plan and real estate exits prior to the approval of the Network Optimization Plan) and proceeds from the sale of property, plant and equipment, which are all included in cash flows from investing activities. Management believes that the presentation of Net CAPEX provides useful information regarding the net capital invested in our rental fleet and property, plant and equipment each year to assist in analyzing the performance of our business. The following table provides reconciliations of Net CAPEX:

Return on Invested Capital
Return on Invested Capital is defined as Adjusted earnings before interest and amortization divided by Average Invested Capital. Management believes that the presentation of Return on Invested Capital provides useful information regarding the long-term health and profitability of the business relative to the Company's cost of capital. We define Adjusted earnings before interest and amortization as Adjusted EBITDA (see reconciliation above) reduced by depreciation and estimated taxes. We include estimated taxes at our current statutory tax rate.

Average Invested Capital is calculated as an average of Net Assets, a four quarter average for annual metrics and two quarter average for quarterly metrics. Net assets is defined for purposes of the calculation below as total assets less goodwill, intangible assets, net, and all non-interest bearing liabilities.

The following table provides reconciliations of Return on Invested Capital, which has been adjusted to reflect depreciation related to real estate exits prior to initiating our Network Optimization Plan.

HEFEI, Tiongkok, May 08, 2026 (GLOBE NEWSWIRE) --  China Daily telah merilis laporan berita tentang provinsi Anhui. Provinsi Anhui, yang terletak di Tiongkok timur, menghadirkan kontras yang luar biasa--tempat tradisi yang telah bertahan selama ribuan tahun berpadu dengan inovasi mutakhir.

 
Semua kelebihan itu menjadikan Anhui sebagai destinasi wisata yang menarik bagi wisatawan global, termasuk rombongan 10 influencer asal Amerika Serikat, Inggris Raya, Rusia, Meksiko, dan Nigeria yang baru-baru ini berkunjung ke provinsi tersebut.

Perjalanan para wisatawan yang berkumpul di Anhui pada 20 hingga 27 April dimulai dari Jalan Tua Tunxi di Huangshan. Melalui kuliner Huizhou, kuas kaligrafi, kerajinan lak, dan batu tinta khas setempat, para wisatawan mendapatkan gambaran tentang warisan budaya serta seni kerajinan di daerah tersebut.

Destinasi berikutnya adalah kabupaten Qimen di Huangshan, daerah penghasil teh hitam Keemun yang terkenal di dunia. Di tengah rimbunan hijau musim semi, para peserta menyusuri perkebunan teh, memetik daun teh segar, sekaligus mempelajari teknik pembuatan teh yang masih tradisional.

Menjelang malam, desa Zhanqi di kabupaten Shexian, Huangshan, diterangi lampion berbentuk ikan. Di sana, para influencer bergabung dengan warga setempat untuk mempelajari tarian tradisional lampion ikan.

Di Pusat Kesehatan Xin'an, para influencer mencoba teknologi model diagnosis wajah berbasis AI. Kreator konten asal Rusia, Artem Usov, mengatakan, "Saya hanya perlu mengambil beberapa foto lidah dan wajah, lalu teknologi tersebut memberikan diagnosis yang rinci mengenai tubuh saya. Menurut saya, ini sangat bagus."

Di Hefei, tur tersebut beralih ke "skenario di masa depan." Di Hefei Smart Robot Public Service Platform--yang kerap disebut sebagai "universitas robot"--mereka menyaksikan robot melakukan berbagai tugas di lingkungan simulasi, seperti supermarket dan dapur. Influencer asal Nigeria, Oluwabunmi Jimoh, berkomentar, "Saya dapat mengatakan dengan yakin bahwa teknologi Tiongkok telah mencapai level yang berbeda."

Nuansa futuristis itu juga semakin terasa saat melihat kecanggihan "taksi terbang" otonom, bus tanpa sopir, dan layanan pengantaran dengan drone. Di Heyi Aviation, para peserta mencoba langsung moda transportasi yang terbang dengan ketinggian rendah, termasuk kendaraan udara nirawak.

Di Wuhu, para peserta melihat lebih dekat seni lukisan besi tradisional yang mengolah logam padat menjadi karya seni yang indah dan detail. Di Chery, raksasa otomotif asal Tiongkok yang berbasis di kota tersebut, para peserta menyaksikan langsung perkembangan terbaru dalam teknologi berkendara cerdas dan robotika AI.

Sebagai surat kabar harian berbahasa Inggris nasional di Tiongkok, China Daily menjadi sarana penting bagi Anhui untuk menyebarluaskan kisah pembangunannya sekaligus menunjukkan citra terbukanya kepada dunia. Untuk mengetahui informasi selengkapnya, silakan kunjungi: https://www.chinadaily.com.cn/

Foto https://www.globenewswire.com/NewsRoom/AttachmentNg/a8c61fb1-9e5b-4d29-80bb-f1f4b6c05130
   

SCOTTSDALE, Ariz., May 07, 2026 (GLOBE NEWSWIRE) -- WillScot Holdings Corporation ("WillScot" or the "Company") (Nasdaq: WSC), a leader in innovative temporary space solutions, today announced that its Board of Directors has declared a quarterly dividend of $0.07 per share. The cash dividend will be paid on June 17, 2026, to shareholders of record as of the close of business on June 3, 2026.

About WillScot
WillScot (Nasdaq: WSC) is a leading provider of innovative turnkey space solutions in North America, helping customers keep projects moving and operations running. The company partners with critical industries including construction, manufacturing, healthcare, government, energy and education to deliver the right solutions coupled with a high level of customer service. WillScot's comprehensive portfolio of products - including modular complexes, dry and cold storage containers, blast-resistant buildings, clearspan industrial structures, fencing, and add-on furnishings and equipment - is customizable and flexible to support any project need. Headquartered in Scottsdale, Ariz., WillScot operates from a network of approximately 250 branch locations in the U.S., Canada and Mexico.

Additional Information and Where to Find It
Additional information can be found on the company's website at www.willscot.com.

Contact Information
Investor inquiries:
Charlie Wohlhuter
Investors@willscot.com
Media inquiries:
Juliana Welling
Media@willscot.com 

NEW YORK, May 07, 2026 (GLOBE NEWSWIRE) -- TMC the metals company Inc. (Nasdaq: TMC) ("TMC" or the "Company"), a leading developer of the world's largest estimated undeveloped resource of critical metals essential to energy, defense, manufacturing and infrastructure, today announced that it will host a conference call on Thursday, May 14, 2026, to provide an update on first quarter 2026 financial results and recent corporate developments.

First Quarter 2026 Conference Call Details

Date:  Thursday, May 14, 2026
   
Time:  04:30 p.m. ET
 
Audio-only Dial-in:  Register Here

Virtual webcast with slides: Register Here


The virtual webcast will be available for replay in the 'Investors' tab of the Company's website under 'Investors' > 'Media' > 'Events and Presentations', approximately two hours after the event. 

The Metals Company is a developer of lower-impact critical metals from seafloor polymetallic nodules, on a dual mission: (1) supply metals for energy, defense, manufacturing and infrastructure with net positive impacts compared to conventional production routes and (2) trace, recover and recycle the metals we supply to help create a metal commons that can be used in perpetuity. The Company has conducted more than a decade of research into the environmental and social impacts of offshore nodule collection and onshore processing. More information is available at www.metals.co.

Contacts
Media | media@metals.co 
Investors | investors@metals.co 
   

Bernard d'Alessandri, President of SEA Index and General Secretary of the Yacht Club de Monaco and Kiichiro Kumazawa, President of KMC Corporation and President of the Japan Marina & Beach Association.

MONACO, May 07, 2026 (GLOBE NEWSWIRE) -- The Superyacht Eco Association SEA Index arrives in Japan, marking its first institutional alliance in the Asia-Pacific region through a new strategic partnership with the Japan Marina & Beach Association (JMBA) and opening a new chapter in the global deployment of measurable, third-party verified sustainability standards in yachting.

The instrument, originally founded by the Yacht Club de Monaco in partnership with Credit Suisse (now part of UBS Group), enables yacht owners, captains, shipyards, marinas and financial institutions to move from intention to measurable, comparable and actionable environmental performance. It focuses on CO2 SEA Index grows its global marina network with Japan expansion--certified by Lloyd's Register--as well as air quality (NOx and particulate matter) and underwater radiated noise. Discussions began in 2025, when a JMBA delegation visited the Yacht Club de Monaco, identifying strong alignment with the SEA Index approach. This was formalized during a signing ceremony held on April 15, 2026, in Monaco.

With this new addition, the Association surpasses the 100-marina milestone, pushing the network towards a tipping point where shared, verifiable standards and transparent data actively reshape industry norms and accelerate the transition to more sustainable yachting practices. As an Institutional Member, JMBA brings its portfolio of 87 marinas into the SEA Index superyacht ecosystem, which already includes 25 leading superyacht ports and marinas. The partnership also unites Monaco's recognized expertise in environmental measurement and decarbonization with Japan's operational excellence in marina management, forging a concrete bridge between two leading maritime cultures.

"Anchored within our collective initiative 'Monaco, Capital of Advanced Yachting', SEA Index was conceived as a practical tool to bring clarity and credibility to environmental performance in yachting. Welcoming the Japan Marina & Beach Association into our network confirms that this approach resonates far beyond Monaco and the Mediterranean. What matters is not where a yacht sails, but how responsibly it does so. This partnership demonstrates that shared metrics can unite very different maritime cultures around the same objective: measurable progress," said Bernard d'Alessandri, President of SEA Index and General Secretary of the Yacht Club de Monaco.

"Until now, Japanese marinas and yachting culture have developed primarily as places to enjoy the sea. Today, however, we are being called upon to move to the next stage--one that asks how we can coexist with the sea. The clear and internationally shareable benchmarks presented by the SEA Index are an essential tool that moves environmental consideration beyond philosophy and into practical action. This partnership stands as proof that two distinct maritime cultures, Japan and Monaco, have come together through shared values and measurable standards. I believe it represents a major step forward in the evolution of sustainable marina management and boating culture in Japan. Going forward, we are committed to embedding the principles of the SEA Index into on-site practices across Japan and fostering a marine environment and yachting culture that future generations can be proud of," added Kiichiro Kumazawa, President of KMC Corporation and President of the Japan Marina & Beach Association.

For more information:
Press Office LaPresse - ufficio.stampa@lapresse.it
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/37385a2b-68a3-415e-96f1-1d181548017c

Foreign player registration portal to open on 8 May 2026 and remain open until 18 May 2026; matches to be played across SSC (Colombo), RPICS (Colombo), PICS (Pallekele), and RDICS (Dambulla); tournament conducted by SLC in partnership with UGRO subsidiary The IPG Group

LAFAYETTE, Colo., May 07, 2026 (GLOBE NEWSWIRE) --  urban-gro, Inc. (Nasdaq: UGRO) ("urban-gro" or the "Company"), operating through Flash Sports & Media, Inc., today noted the official media release issued by Sri Lanka Cricket ("SLC") on 5 May 2026 confirming the foreign player registration timeline, venues, and overall schedule for Lanka Premier League ("LPL") Season 6, as also reported by Sri Lankan sports media outlet ThePapare ("Foreign player registration for LPL 2026 to begin on May 8," ThePapare, 5 May 2026). The sixth edition of the tournament is scheduled to take place during July and August 2026, and is owned by SLC and conducted in partnership with Innovative Production Group FZ, LLC ("IPG"), the event rights holder. The Company participates in the tournament through its subsidiary IPG under existing commercial arrangements.

Season 6 -  By the Numbers
Tournament window
July and August 2026 (per SLC media release dated 5 May 2026)
Edition
Sixth edition of the Lanka Premier League
Foreign player registration portal opens
8 May 2026
Foreign player registration portal closes
18 May 2026
Registration portal
www.srilankacricket.lk
Venues
SSC, Colombo; RPICS, Colombo; PICS, Pallekele; RDICS, Dambulla
League ownership
Owned by Sri Lanka Cricket; conducted in partnership with The IPG Group (event rights holder)
UGRO involvement
Through subsidiary Innovative Production Group FZ, LLC (IPG) under existing commercial arrangements

Confirmed Venues
Per the SLC media release, Season 6 matches will be played across four Sri Lankan international cricket venues:
* Singhalese Sports Club (SSC) Grounds, Colombo
* R. Premadasa International Cricket Stadium (RPICS), Colombo
* Pallekele International Cricket Stadium (PICS), Pallekele
* Rangiri Dambulla International Cricket Stadium (RDICS), Dambulla
Foreign Player Registration
As confirmed by SLC, the online portal for foreign player registration for LPL Season 6 will open on 8 May 2026. Once launched, the portal can be accessed at www.srilankacricket.lk and will remain open until 18 May 2026.

Strategic Context for UGRO
Following its combination with Flash Sports & Media, Inc. and the integration of IPG, the Company participates in the LPL as a sports, media, and experiential platform, with commercial exposure to the tournament's media, sponsorship, and on-ground activations through its contractual arrangements with the league. LPL Season 6 represents the first full season in the Company's current operating structure following the IPG integration. Actual revenues from the Company's participation will depend on the specific terms of its contractual arrangements and on overall tournament outcomes, and may differ materially from any industry-level references included in this release.

Industry Context (Third-Party Data)
For general reference only, publicly available third-party reports describe T20 cricket as a high-engagement global format with an estimated fan base of approximately 2.5 billion across South Asia, Southeast Asia, the Caribbean, the United Kingdom, and other markets. IPL media rights, for a mature comparable league, have been publicly reported at over USD 6 billion for a five-year cycle. Third-party industry estimates have referenced local economic impact for prior LPL seasons in the USD 25 - 30 million range. These figures relate to the broader industry or to other leagues and are not a projection of the Company's financial results, revenues, or economic impact from LPL Season 6, and should not be relied on as such.
Independent Media Coverage

The SLC announcement has been independently reported by Sri Lankan sports media. ThePapare, a leading Sri Lankan sports news outlet, confirmed that "Sri Lanka Cricket (SLC) announced today that the online portal for the 'Foreign Player Registration' for the 6th edition of the Lanka Premier League will be opened on the 8th May, 2026," and further reported the same venue list (SSC, Colombo; RPICS, Colombo; PICS, Pallekele; and RDICS, Dambulla) and July - August 2026 tournament window referenced in this release. The full ThePapare article is available at https://www.thepapare.com/foreign-player-registration-for-lpl-2026-to-begin-on-may-8/. This independent reporting reinforces the timeline and operating framework within which the Company's subsidiary, IPG, will participate in Season 6.

Disclaimer

The Company does not own, operate, or control the Lanka Premier League, its franchises, or any governing body. The Company's involvement is limited to its contractual rights and services through Innovative Production Group FZ, LLC and related commercial arrangements. References to league operations, player participation, market size, or economic impact are based on third-party information or industry estimates and are provided solely for general context. The Company's actual revenues, if any, will depend on its specific contractual arrangements and may differ materially from broader industry metrics referenced herein.***

LUXEMBOURG, May 07, 2026 (GLOBE NEWSWIRE) -- Stoneshield Capital is the second-largest shareholder in Meli? Hotels International ("Meli?") with a 9.5% stake, and Juan Pepa, co-founder of Stoneshield, has been appointed to Meli?'s Board of Directors.

The appointment reflects Stoneshield's intention to act as a long-term reference shareholder, supporting the company's next phase of value creation through disciplined capital allocation and strategic alignment with management.

Headquartered in Spain, with a portfolio exceeding 400 hotels currently open or in the pipeline across leading international destinations, both urban and resort, Meli? has established one of Europe's leading hospitality platforms, combining a portfolio of high-quality owned real estate with a capital-efficient management and franchise business.

The investment is consistent with Stoneshield Capital's strategy of partnering with leading real assets platforms that benefit from structural growth trends, where active ownership, balance sheet optimisation and operational excellence can drive scalable and sustainable shareholder value.

Felipe Moren?s Bot?n, co-founder of Stoneshield Capital, said:
"Tourism remains one of the most structurally supported sectors globally over the long term. Meli?, alongside the Escarrer family, has consistently demonstrated its ability to adapt to evolving market dynamics and to build a globally recognised hospitality platform. We look forward to working constructively with the Board and Gabriel Escarrer's management leadership to support the company's continued international growth and long-term value creation."

Juan Pepa, co-founder of Stoneshield Capital, added:
"Meli? combines high-quality real estate assets with a leading global operating platform - a combination where Stoneshield has deep experience in driving value creation. We see a significant opportunity to further strengthen the company's positioning through active capital management, operational excellence and disciplined expansion."

Gabriel Escarrer, Chairman and CEO of Meli? Hotels International, stated:
"We are delighted to welcome Stoneshield as a new large shareholder, a partner whose track record, vision, and long-term commitment to value creation stand as a powerful endorsement of our strategic direction. Together with our Board of Directors, largely composed of independent members, it provides a solid additional guarantee of resilience and sustainable long-term success, which is already being recognized by the market."

^{Juan Pepa and Felipe Moren?s-Bot?n, Co-Founders and Managing Partners of Stoneshield Capital}

About Stoneshield Capital
Founded in 2018 by Felipe Moren?s Bot?n and Juan Pepa, Stoneshield Capital is a European real assets investment firm with a global approach, focused on building and scaling leading operational platforms across sectors supported by long-term structural trends. With more than ?6 billion in assets under management and a rapidly growing investment platform, Stoneshield combines investment expertise, active asset management and capital markets capabilities to deliver consistent risk-adjusted returns across cycles.

The firm's portfolio includes Neinor Homes, one of Spain's leading listed residential developers, and MiCampus, the largest student housing platform in Southern Europe. Stoneshield has also been involved in strategic investments such as Solaria, a leading European renewable energy developer, and Exolum, an international operator of energy logistics infrastructure.

Contact
Claudia Su?rez
Head of Marketing and Corporate Affairs
+353 (87) 465 4410
cs@stoneshieldcapital.com