Latest news with #Sarpsborg
Daily Record
5 hours ago
- Sport
- Daily Record
Celtic pass up £4.4m transfer chance as Rodgers reveals star who 'really frustrated' him is now indispensable
The Hoops had reportedly targeted a deal for the attacker in January but decided against reviving their interest this summer Celtic look set to pass up the chance to land Sondre Orjasaeter as the winger closes in on a move to the Dutch top flight. The Hoops reportedly had a £4.4million bid for the Norwegian starlet rejected by Sarpsborg in January - with the Eliteserien outfit demanding closer to £7m. Despite being in the market for wingers, Brendan Rodgers hasn't revived his interest in the 21-year-old this summer. And now multiple reports in Norway and the Netherlands suggest that Orjasaeter is on the verge of joining Eredivisie side FC Twente. The deal - understood to be around the £4.4m Celts had originally offered - will represent Twente's biggest outlay since the club were relegated in 2018. Orjasaeter admitted earlier this summer that he was ready to continue his career outside of Norway, saying: "Now I feel ready to take the step, while I am doing well here with full focus on Sarpsborg. "I think that if it happens, it happens. It's not like I'll be depressed if there's no transfer." However, a switch to Parkhead now looks to be completely off the table. Meanwhile, Johan Mjallby reckons fellow Swede Benji Nygren will make his Celtic a fortune one day down the line. The £1.7m signing from Nordsjaelland has hit the ground running this summer and netted his first goal in Sunday's 2-0 win at Pittodrie. Legendary defender Mjallby thinks the Hoops have landed a huge bargain and tipped Rodgers to take Nygren's game to the next level. He told the Sunday Post: "Right now, I'd say Benjamin has many good attributes in his game and it's about adding things here and there to make him more complete. I'm pleased for him to be playing for such a brilliant club. It's also good business for Celtic. 'The fee they have reported to have paid for him is really good in today's market. "They have done really well to get him in and around that price bracket. It could well be that he will improve and improve in the next two or three years and Celtic will have the option of selling him at a really good profit. "But that is well down the line. Right now, the player will want to settle in and really make his mark as quickly as possible.' Reo Hatate also got on the scoresheet against Aberdeen as he unleashed a goal of the season contender in the North East. The Japan playmaker, 27, was linked with moves to Germany towards the end of last season but Rodgers revealed the club have not had any offers. Speaking after moving four points clear of Rangers, the Irishman said: "Trying to get them in, never mind get them out! "We haven't had anything for the likes of Reo and that, but yes, he's one of the few players in that midfield that can make those incisive passes, and he'll give the ball away at times, and that used to really frustrate me when I first started to work with him. 'But I know that's the risk he plays in his game, but he'll produce a moment like that, which is a brilliant finish, and he's done that up here before last year. 'So, yes, we want to build a squad, and like I said, there's lots of areas in it I'm pleased with, but of course, there's other areas that we will focus on and hopefully improve.'
Daily Record
27-07-2025
- Sport
- Daily Record
Sondre Orjasaeter to Celtic transfer tackled head on with two deals facing crucial timeline
The Hoops previously attempted to sign the Norwegian winger in the winter transfer window Sarpsborg sporting director Hampus Andersson has revealed Celtic have yet to revive their interest in winger Sondre Orjasaeter this summer. The Hoops have been long-term admirers for the forward and the Norwegian Under-21 cap came close to joining Brendan Rodgers ' side in January - but felt he wasn't ready to make he leap to the Premiership. That led to a £4million bid being booted out by Sarpsborg in January - it's understood that the club will looking to bank up to £7million for the highly-rated 21-year-old. Royal Antwerp wide man Michel-Ange Balikwisha is among the long-term targets on the agenda as the Parkhead chiefs look to provide Rodgers with a replacement for Nicolas Kuhn following his big money move to Como. But Orjasaeter looks to have dropped down the pecking order. Asked about interest in the attacker this summer, Andersson told Sarpsborg Arbeiderblad: "It is clear that there will be great interest when he performs at the level he has. "But it has been quiet around players like Sondre who had a very hectic transfer window in the winter." Earlier this summer, Orjasaeter claimed he was now keen to progress his career outside of Norway: "Now I feel ready to take the step, while I am doing well here with full focus on Sarpsborg. "I think that if it happens, it happens. It's not like I'll be depressed if there's no transfer." Along with a winger, Rodgers has already made it clear that he wants to add more firepower to the side having lost Kuhn, Kyogo and Matt O'Riley in the last three windows. And Simon Donnelly reckons that the board must offer up two more deals before the Champions League qualifiers to fulfil the request of the boss. He told the Sunday Post: "They had a great campaign last season and they showed they belonged beside the very best. "The new format of having eight group games really suited Celtic and they had some great results. It led to the knockout game against Bayern Munich and the lads came so very close. "It was heartbreaking to lose to the Germans in the last minute but it shows you can never switch off at that level. That said, the squad will be better for that experience and can use it next month. "Callum McGregor, Cameron Carter-Vickers and Kasper Schmeichel will make sure every player is focused and aware of what they need to do on the pitch. "There is also bound to be a couple of more signings between now and then. Brendan has made it clear that new recruits are required and there will be hard work behind the scenes to deliver. "The new signings will need to hit the ground running and they will be given every encouragement to do so. "It's a real positive to have Kieran Tierney back at the club. That is a fantastic signing. "He is one of the best players our country has produced in recent years and he will be vital because of his big-game experience. "One of the reasons he came back is to play regular football and also do it at the highest possible level. That's what the Champions League is. "Kieran will help drive the team on and it would be great for everyone to get that success so quickly into the campaign. "The financial rewards are huge. But it's about prestige for Brendan and the players. Brendan is a top operator and he'll have his team ready to do what is required."
Yahoo
17-07-2025
- Business
- Yahoo
Borregaard ASA (STU:BO4) Q2 2025 Earnings Call Highlights: Strong Growth in BioSolutions and ...
EBITDA: NOK522 million, up from NOK510 million in the same quarter last year. EBITDA Margin: 25.5%, close to the margin in the same quarter in 2024. Earnings Per Share: Increased to NOK2.56 from NOK2.45 in the second quarter last year. BioSolutions Revenue: Operating revenues increased by 3%, with EBITDA reaching NOK338 million, NOK20 million above the second quarter last year. BioMaterials Revenue: Operating revenues were 19% higher than in the second quarter last year, with EBITDA at NOK143 million, NOK53 million higher than the same quarter last year. Fine Chemicals Revenue: Operating revenues were 25% below the second quarter of 2024, with EBITDA at NOK41 million compared to NOK102 million in the second quarter last year. Net Currency Effects: Positive impact of about NOK35 million compared with the second quarter last year. Cash Flow from Operating Activities: NOK385 million in the second quarter. Investments: NOK239 million in the quarter, with significant expenditures at the Sarpsborg site. Net Interest-Bearing Debt: Increased by NOK229 million in the quarter. Equity Ratio: 57% at the end of the second quarter. Leverage Ratio: 1.20 (net interest-bearing debt over EBITDA). Warning! GuruFocus has detected 5 Warning Sign with LTS:0RP6. Release Date: July 16, 2025 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Positive Points EBITDA increased to NOK522 million, up from NOK510 million in the same quarter last year, indicating strong financial performance. BioSolutions segment showed strong growth driven by increased sales to agriculture, contributing positively to overall results. BioMaterials segment experienced a 19% increase in operating revenues due to higher sales prices and volumes, with a significant improvement in EBITDA. Positive net currency effects across all business areas contributed an additional NOK35 million to EBITDA. The Board approved a NOK138 million environmental investment at the Sarpsborg refinery, expected to reduce CO2 emissions by up to 18,000 tonnes and lower energy costs. Negative Points Fine Chemicals segment saw a decline in results due to lower sales prices for bioethanol, with EBITDA dropping to NOK41 million from NOK102 million in the previous year. Increased wood costs partially offset the positive performance in the BioMaterials segment. The market for advanced bioethanol remains challenging due to supply-demand imbalances driven by EU incentives. The EBITDA margin for Fine Chemicals decreased significantly by 21 percentage points compared to the same quarter last year. Uncertainty related to tariffs, conflicts, and geopolitical tensions may impact Borregaard ASA's market and costs in the future. Q & A Highlights Q: Is there a significant discrepancy between wood costs in the Nordic pulp market compared to the rest of Europe? A: The wood cost level in the Nordic region is much higher than in Europe and other parts of the world. Our reported 5% reduction in wood costs includes a significant transportation component, which may differ from how other companies present their costs. Q: What can you say about volumes in Bioethanol sales over the past three quarters, and should we expect a stable EBITDA level? A: The product mix in Fine Chemical intermediates was slightly weaker in the second quarter, which may slightly affect the remaining quarters. The run rate is close to what we've seen in the past three quarters, with a potential slight improvement in the second half. Q: Can we expect continued sales growth into agriculture for the second half of 2025 and into 2026? A: We believe we are well-positioned to benefit from green trends in agricultural markets, and this trend is across our entire portfolio. We expect agriculture to remain an attractive market for Borregaard. Q: Can you elaborate on the mix improvements in cellulose products and demand from the US? A: Historically, Borregaard has not sold significant volumes into the US. The demand increase is partly driven by capacity closures in the US and Canada, which have impacted the overall market balance, creating opportunities in areas like high-quality casings. Q: What energy source is the new electric boiler meant to replace, and how will it impact CO2 emissions? A: The electric boiler is primarily a replacement for LNG, aiming to reduce CO2 emissions. Borregaard has a flexible energy system, and the goal is to reduce LNG consumption by replacing it with electricity, which is the main source of CO2 emissions for the company. For the complete transcript of the earnings call, please refer to the full earnings call transcript. This article first appeared on GuruFocus.
Glasgow Times
21-06-2025
- Sport
- Glasgow Times
Celtic face battle to land Sondre Ørjasæter with PSV frontrunners
The Sarpsborg winger has been of interest to the Hoops since January, but a move hasn't materialised. It was suggested back then that £7 million would secure his services. However, it is now claimed that the 21-year-old has an increased asking price and is still on Celtic's radar. French club Lille are also interested. According to TV Sport 2 in Norway, Dutch side PSV are leading the race for the winger. Ørjasæter told the Norwegian outlet: "Now I feel ready to take the step, while I am doing well here with full focus on Sarpsborg. "A transfer is not something I think about very much. "I think that if it happens, it happens. "It's not like I'll be depressed if there's no transition."
The National
21-06-2025
- Sport
- The National
Latest on race for Celtic transfer target Sondre Ørjasæter
The Sarpsborg winger has been on the radar of the Hoops for some time and it was reported in January that dialogue had been opened in at attempt to bring him to Glasgow. Nothing happened at the time with suggestions around £7m would have to be paid to land him. It is thought he is still of interest but there are other clubs also credited, including French side Lille. Read more: According to TV Sport 2 in Norway, £11m may now be the increased asking price. And the report also claims Dutch giants PSV are now at the front of the queue for the 21-year-old. Ørjasæter told the Norwegian outlet: "Now I feel ready to take the step, while I am doing well here with full focus on Sarpsborg. "A transfer is not something I think about very much. "I think that if it happens, it happens. It's not like I'll be depressed if there's no transition."
