
TERREPOWER Solidifies Global Leadership in Sustainable Manufacturing as Multi-Billion Automotive and Industrial Aftermarket Continues to Surge Français
"Traditional remanufacturing extends the life of automotive and industrial parts while TERREPOWER's sustainable manufacturing processes also prioritize responsible sourcing, efficient waste management, a systematic approach to energy use and resource conservation for environmental stewardship," said Duncan Gillis, CEO of TERREPOWER. "Our success reflects both the exceptional value of our components for end users and the benefits of smarter sourcing, which keeps business flowing amidst market uncertainties and supply chain disruptions."
TERREPOWER's scaled sustainable manufacturing process has advantages beyond environmental responsibility. For customers, it fulfills a strategic imperative to ensure operational continuity, economic stability and risk mitigation in a volatile global economy. With the shift from traditional far-shoring to near-shoring and on-shoring, amplified by today's dynamic environment of trade agreements and tariffs, sustainable manufacturing using core components and production close to customers becomes even more desirable.
TERREPOWER boasts an extensive global reach with products sold in 90 countries, supported by a dedicated workforce of more than 10,000 people worldwide. The company is undergoing aggressive expansion propelled by growing demand for high-quality, sustainably manufactured products. The recent appointment of European business unit president, Michael Boe, based in Zug, Switzerland, signals the company's continued dedication to strengthening its capabilities in key markets internationally while maintaining its commitment to carbon neutrality.
"TERREPOWER's commitment to innovation and sustainability, paired with its global growth strategy, makes this an incredible opportunity," said Michael Boe, president of TERREPOWER's European business unit.
Sustainable to the Core
Founded in 1987 as BBB Industries, the company has evolved from its roots as a family-run remanufacturing business in the American South to a global, scaled circular business—a testament to a clear strategic vision that underpins its growth. Earlier this year, the company rebranded to TERREPOWER to demonstrate its profound commitment to innovation and fostering a more efficient, resource-conscious future. Derived from the French word for "earth," "Terre" signifies a dedication to preserving valuable resources, while "Power" reflects the power of the company's value proposition.
At the core of TERREPOWER's value proposition is delivering high-quality, sustainably manufactured aftermarket parts that meet or exceed OEM standards—at a significant cost advantage. Through meticulous remanufacturing of used or worn components to like-new condition, the company's approach effectively breaks the OE quality vs. cost trade-off, offering exceptional value by repurposing "core" materials without incurring the raw material extraction costs or the significant carbon footprint associated with manufacturing entirely new parts.
TERREPOWER's success also reflects a global shift, where industries are increasingly transitioning from a traditional linear "take-make-waste" model to a circular economy paradigm propelled by escalating environmental awareness, regulatory pressures, and the pursuit of operational efficiencies and cost savings across sectors. These financial advantages, coupled with a reduced environmental footprint, enhance product appeal to eco-conscious buyers who are driving increased market demand. This positive feedback loop further incentivizes investment in sustainable infrastructure, accelerating a structural transformation of the market.
Global Growth for the Company and Aftermarket Industry
Remanufacturing is part of the broader aftermarket industry. According to Auto Care Association's most recent Auto Care Factbook, in 2024, total U.S. light-duty automotive aftermarket sales grew by 5.7 percent, reaching $413.7 billion. Sales in 2025 are expected to reach $435 billion. The broader automotive aftermarket (including light, medium, and heavy-duty segments) is forecasted to exceed $664 billion by 2028. This sustained growth, even amidst economic challenges such as inflation, highlights the industry's resilience and the increasing tendency of consumers to keep aging passenger vehicles, which now average over 12.8 years on the road.
Remanufacturing is not limited to the automotive sector. According to the Remanufacturing Industries Council, it serves a wide range of markets from aerospace, automotive and consumer products to heavy duty equipment, information technology, locomotive systems and others. Globally, the industry is also experiencing substantial growth. Key trends driving its growth include increasing acceptance of the remanufacturing value proposition, inflation affecting affordability, aging equipment, decreasing number of traditional service professionals, technical complexity of modern parts, increasing global regulatory emphasis on circularity and sustainability, resource efficiency, and the reduction of carbon emissions. Other trends include a heightened demand for environmentally friendly vehicles from consumers and strong demand among fleet operators for cost-effective, high-quality alternatives to new parts. Micro trends influencing the future of remanufacturing include the accelerating shift to EVs, which presents challenges to traditional automotive parts remanufacturing and unlocks substantial new opportunities, particularly in battery remanufacturing.
Ultimately, inherent cost-effectiveness coupled with their contribution to supply chain resilience positions remanufactured parts as economically compelling alternatives to new production. The appeal to buyers and decision-makers is clear. TERREPOWER serves as a reliable, value-driven and increasingly regional source for critical components. The company's innovative approach makes a compelling business case for sustainable manufacturing, and its success demonstrates that environmental responsibility and robust economic viability are not mutually exclusive but synergistic.
Given the broad array of products that benefit from sustainable manufacturing and opportunities in Europe and other markets internationally, TERREPOWER's growth prospects continue to strengthen. With unwavering commitment to creating long-term value for customers through continuous innovation, TERREPOWER is catalyzing the growth of a circular economy for the automotive and industrial sectors worldwide.
TERREPOWER, formerly BBB Industries, is the largest sustainable manufacturer in the world by volume. Founded in 1987 on a legacy of innovation, TERREPOWER is a global pure-play aftermarket leader specializing in providing high-quality components to the automotive and industrial markets. Based in Daphne, Alabama, TERREPOWER has a dedicated global workforce of over 10,000 employees and an extensive operational footprint throughout North America and Europe, including 19 sustainable manufacturing facilities, 14 distribution centers, and 28 brands with products sold in more than 90 countries, TERREPOWER is committed to strengthening supply chain resilience, reducing waste and advancing the circular economy. Learn more at www.terrepower.com.

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Liquidity position: The Trust held $5.7 million of cash at the end of the quarter and $28.5 million is available under its credit facilities (3). _______________________________________ (1) Non-IFRS financial measure. See Appendix 1. The referred non-IFRS financial measures do not have a standardized meaning prescribed by IFRS and these measures cannot be compared to similar measures used by other issuers. (2) This is a non-IFRS financial measure. The mortgage debt ratio is calculated by dividing the mortgage loans outstanding by the total gross value of the assets of the Trust less cash and cash equivalents. (3) Credit facilities is a term used that reconciles with the bank loans as presented and defined in the Trust's consolidated financial statements and accompanying notes. QUARTERLY CALL INFORMATION Management will hold a conference call on Tuesday, August 5, 2025, at 9 a.m., Eastern Time, to present BTB's financial results and performance for the second quarter of 2025. Interested parties are invited to access the call at least 5 minutes prior to the scheduled start of the call. Note that the call will be in listening mode only. Conference call operators will coordinate the question-and-answer period (from analysts only) and will instruct participants regarding the procedures during the call. The audio recording of the conference call will be available via playback until August 12, 2025, by dialing (+1) 289-819-1450 (local) or 1-888-660-6345 (toll-free) and by entering the following access code: 05333 # ABOUT BTB BTB is a real estate investment trust listed on the Toronto Stock Exchange. BTB invests in industrial, suburban office and necessity-based retail properties across Canada for the benefit of their investors. As of today, BTB owns and manages 73 properties, representing a total leasable area of approximately 6.1 million square feet. People and their stories are at the heart of our success. For more detailed information, visit BTB's website at FORWARD-LOOKING STATEMENTS This press release may contain forward-looking statements with respect to BTB. These statements generally can be identified by the use of forward-looking words such as "may", "will", "expect", "estimate", "anticipate", "intend", "believe" or "continue" or the negative thereof or similar variations. The actual results and performance of BTB could differ materially from those expressed or implied by such statements. Such statements are qualified in their entirety by the inherent risks and uncertainties surrounding future expectations. Some important factors that could cause actual results to differ materially from expectations include, among other things, general economic and market factors, competition, changes in government regulation, and the factors described from time to time in the documents filed by BTB with the securities regulators in Canada. The cautionary statements qualify all forward-looking statements attributable to BTB and persons acting on their behalf. Unless otherwise stated or required by applicable law, all forward-looking statements speak only as of the date of this press release. APPENDIX 1: RECONCILIATION OF NON-IFRS MEASURES Non-IFRS Financial Measures Certain terms used in this press release are listed and defined in the table hereafter, including any per unit information if applicable, are not measures recognized by International Financial Reporting Standards ("IFRS") and do not have standardized meanings prescribed by IFRS. Such measures may differ from similar computations as reported by similar entities and, accordingly, may not be comparable to similar measures. Explanations on how these non-IFRS financial measures provide useful information to investors and additional purposes, if any, for which the Trust uses these non- IFRS financial measures, are also included in the table hereafter. Securities regulations require that non-IFRS financial measures be clearly defined and that they not be assigned greater weight than IFRS measures. The referred non-IFRS financial measures, which are reconciled to the most similar IFRS measure in the table thereafter if applicable, do not have a standardized meaning prescribed by IFRS and these measures cannot be compared to similar measures used by other issuers. NON-IFRS MEASURE DEFINITION Cash Net Operating Income Cash net operating income ("NOI") is a non-IFRS financial measure defined as net operating income less: (i) lease incentive amortization; and (ii) straight-line lease adjustment. Cash NOI is reconciled to NOI, which is the most directly comparable IFRS measure. The Trust considers this to be a useful measure of operating performance and the profitability of it's portfolio by excluding non-cash items. Cash Same-Property NOI Cash same-property NOI is a non-IFRS financial measure defined as Cash net operating income ("NOI") for the properties that the Trust owned and operated for the entire duration of both the current year and the previous year. The most directly comparable IFRS measure to same-property Cash NOI is Operating Income. The Trust believes this is a useful measure as Cash NOI growth can be assessed on its portfolio by excluding the impact of property acquisitions and dispositions of both the current year and previous year. The Trust uses the Cash same-property NOI to indicate the profitability of its existing portfolio operations and the Trust's ability to increase its revenues, reduce its operating costs and generate organic growth. NON-IFRS MEASURE DEFINITION Funds from Operations ("FFO") and FFO Adjusted FFO is a non-IFRS financial measure used by most Canadian real estate investment trusts based on a standardized definition established by REALPAC in its January 2022 White Paper ("White Paper"). FFO is defined as net income and comprehensive income less certain adjustments, on a proportionate basis, including: (i) fair value adjustments on investment properties, class B LP units and derivative financial instruments; (ii) amortization of lease incentives; (iii) incremental leasing costs; and (iv) distribution on class B LP units. FFO is reconciled to net income and comprehensive income, which is the most directly comparable IFRS measure. FFO is also reconciled with the cash flows from operating activities, which is an IFRS measure. FFO Adjusted is also a non-IFRS financial measure that starts with FFO and remove the impact of non-recurring items such as transaction cost on acquisitions and dispositions of investment properties and early repayment fees. The Trust believes FFO and FFO Adjusted are key measures of operating performance and allow the investors to compare its historical performance. Adjusted Funds from Operations ("AFFO") and AFFO Adjusted AFFO is a non-IFRS financial measure used by most Canadian real estate investment trusts based on a standardized definition established by REALPAC in its White Paper. AFFO is defined as FFO less: (i) straight- line rental revenue adjustment; (ii) accretion of effective interest; (iii) amortization of other property and equipment; (iv) unit-based compensation expenses; (v) provision for non-recoverable capital expenditures; and (vi) provision for unrecovered rental fees (related to regular leasing expenditures). AFFO is reconciled to net income and comprehensive income, which is the most directly comparable IFRS measure. AFFO is also reconciled with the cash flows from operating activities, which is an IFRS measure. AFFO Adjusted is also a non-IFRS financial measure that starts with AFFO and removes the impact of non-recurring items such as transaction costs on acquisitions and dispositions of investment properties and early repayment fees. The Trust considers AFFO and AFFO Adjusted to be useful measures of recurring economic earnings and relevant in understanding its ability to service its debt, fund capital expenditures and provide distributions to unitholders. NON-IFRS MEASURE DEFINITION FFO and AFFO per unit and FFO adjusted and AFFO adjusted per unit FFO and AFFO per unit and FFO adjusted and AFFO adjusted per unit are non-IFRS financial measures used by most Canadian real estate investment trusts based on a standardized definition established by REALPAC in its White Paper. These ratios are calculated by dividing the FFO, AFFO, FFO adjusted and AFFO adjusted by the Weighted average number of units and Class B LP units outstanding. The Trust believes these metrics to be key measures of operating performances allowing the investors to compare its historical performance in relation to an individual per unit investment in the Trust. FFO and AFFO payout ratios and FFO Adjusted and AFFO Adjusted payout ratios FFO and AFFO payout ratios and FFO Adjusted and AFFO Adjusted payout ratios are non-IFRS financial measures used by most Canadian real estate investment trusts based on a standardized definition established by REALPAC in its White Paper. These payout ratios are calculated by dividing the actual distributions per unit by FFO, AFFO and FFO Adjusted and AFFO Adjusted per unit in each period. The Trust considers these metrics a useful way to evaluate its distribution paying capacity. Total Debt Ratio Total debt ratio is a non-IFRS financial measure of the Trust financial leverage, which is calculated by taking the total long-term debt less cash divided by total gross value of the assets of the Trust less cash. The Trust considers this metric useful as it indicates its ability to meet its debt obligations and its capacity for future additional acquisitions. Total Mortgage Debt Ratio Mortgage debt ratio is a non-IFRS financial measure of the Trust financial leverage, which is calculated by taking the total mortgage debt less cash divided by total gross value of the assets of the Trust less cash. The Trust considers this metric useful as it indicates its ability to meet its mortgage debt obligations and its capacity for future additional acquisitions. NON-IFRS MEASURE DEFINITION Interest Coverage Ratio Interest coverage ratio is a non-IFRS financial measure which is calculated by taking the Adjusted EBITDA divided by interest expenses net of financial income (interest expenses exclude early repayment fees, accretion of effective interest, distribution on Class B LP units, accretion of non-derivative liability component of convertible debentures and the fair value adjustment on derivative financial instruments and Class B LP units). The Trust considers this metric useful as it indicates its ability to meet its interest cost obligations for a given period. Debt Service Coverage Ratio Debt service coverage ratio is a non-IFRS financial measure which is calculated by taking the Adjusted EBITDA divided by the Debt Service Requirements, which consists of principal repayments and interest expenses net of financial income (interest expenses exclude early repayment fees, accretion of effective interest, distribution on Class B LP units, accretion of non-derivative liability component of convertible debentures and the fair value adjustment on derivative financial instruments and Class B LP units). The Trust considers this metric useful as it indicates its ability to meet its interest cost obligations for a given period. APPENDIX 2: NON-IFRS FINANCIAL MEASURES – QUARTERLY RECONCILIATION Funds from Operations (FFO) (1) The following table provides a reconciliation of net income and comprehensive income established in accordance with IFRS and FFO (1) for the last eight quarters: 2025 2025 2024 2024 2024 2024 2023 2023 Q-2 Q-1 Q-4 Q-3 Q-2 Q-1 Q-4 Q-3 (in thousands of dollars, except for per unit) $ $ $ $ $ $ $ $ Net income and comprehensive income (IFRS) 6,194 7,608 18,847 5,470 7,272 7,153 1,734 15,216 Fair value adjustment on investment properties (700) - (9,975) (283) - (6) 4,480 (6,481) Fair value adjustment on Class B LP units 167 28 (174) 335 (21) 160 (42) (159) Amortization of lease incentives 836 797 966 807 704 690 641 664 Fair value adjustment on derivative financial instruments (176) 868 (760) 2,168 379 (325) 2,396 (584) Leasing payroll expenses 525 466 739 535 433 591 401 359 Distributions – Class B LP units 52 52 52 52 53 52 52 56 Unit-based compensation (Unit price remeasurement) 201 61 (39) 342 63 409 (11) (87) FFO (1) 7,099 9,880 9,656 9,426 8,883 8,724 9,651 8,984 Transaction costs on disposition of investment properties and mortgage early repayment fees 266 - - - 266 201 37 46 FFO Adjusted (1) 7,365 9,880 9,656 9,426 9,149 8,925 9,688 9,030 FFO per unit (1) (2) (3) 8.0¢ 11.1¢ 10.9¢ 10.7¢ 10.1¢ 10.0¢ 11.1¢ 10.3¢ FFO Adjusted per unit (1) (2) (4) 8.3¢ 11.1¢ 10.9¢ 10.7¢ 10.4¢ 10.2¢ 11.1¢ 10.4¢ FFO payout ratio (1) 94.0 % 67.4 % 68.8 % 70.0 % 74.3 % 75.2 % 67.5 % 72.9 % FFO Adjusted payout ratio (1) 90.6 % 67.4 % 68.8 % 70.3 % 72.2 % 73.5 % 67.2 % 72.5 % (1) This is a non-IFRS financial measure, refer to appendix 1. (2) Including Class B LP units. (3) The FFO per unit ratio is calculated by dividing the FFO (1) by the Trust's unit outstanding at the end of the period (including the Class B LP units at outstanding at the end of the period). (4) The FFO Adjusted per unit ratio is calculated by dividing the FFO Adjusted (1) by the Trust's unit outstanding at the end of the period (including the Class B LP units at outstanding at the end of the period). Adjusted Funds from Operations (AFFO) (1) The following table provides a reconciliation of FFO (1) and AFFO (1) for the last eight quarters: 2025 2025 2024 2024 2024 2024 2023 2023 Q-2 Q-1 Q-4 Q-3 Q-2 Q-1 Q-4 Q-3 (in thousands of dollars, except for per unit) $ $ $ $ $ $ $ $ FFO (1) 7,099 9,880 9,656 9,426 8,883 8,724 9,651 8,984 Straight-line rental revenue adjustment 1,500 (381) (374) (247) (183) (394) (197) (842) Accretion of effective interest 367 580 402 391 361 308 310 271 Amortization of other property and equipment 17 18 21 17 17 17 20 33 Unit-based compensation expenses 159 133 247 19 (95) (9) 159 184 Provision for non-recoverable capital expenditures (1) (610) (688) (654) (650) (644) (653) (639) (626) Provision for unrecovered rental fees (1) (375) (375) (375) (375) (375) (375) (375) (375) AFFO (1) 8,157 9,167 8,923 8,581 7,964 7,618 8,929 7,629 Transaction costs on disposition of investment properties and mortgage early repayment fees 266 - - - 267 201 37 46 AFFO Adjusted (1) 8,423 9,167 8,923 8,581 8,231 7,819 8,966 7,675 AFFO per unit (1) (2) (3) 9.2¢ 10.3¢ 10.1¢ 9.7¢ 9.1¢ 8.7¢ 10.2¢ 8.8¢ AFFO Adjusted per unit (1) (2) (4) 9.5¢ 10.3¢ 10.1¢ 9.7¢ 9.4¢ 8.9¢ 10.3¢ 8.8¢ AFFO payout ratio (1) 81.8 % 72.7 % 74.5 % 76.8 % 82.9 % 86.2 % 72.9 % 85.8 % AFFO Adjusted payout ratio (1) 79.2 % 72.7 % 74.5 % 77.2 % 80.2 % 83.9 % 72.6 % 85.3 % (1) This is a non-IFRS financial measure, refer to appendix 1. (2) Including Class B LP units. (3) The AFFO per unit ratio is calculated by dividing the AFFO (1) by the Trust's unit outstanding at the end of the period (including the Class B LP units at outstanding at the end of the period). (4) The AFFO Adjusted per unit ratio is calculated by dividing the AFFO Adjusted (1) by the Trust's unit outstanding at the end of the period (including the Class B LP units at outstanding at the end of the period). APPENDIX 3: NON-IFRS FINANCIAL MEASURES – DEBT RATIOS Debt Ratios The following table summarizes the Trust's debt ratios as at June 30 2024 and 2025 and December 31, 2024: (in thousands of dollars) June 30, 2025 December 31, 2024 June 30, 2024 $ $ $ Cash and cash equivalents (5,677) (2,471) (857) Mortgage loans outstanding (1) 659,094 665,607 636,492 Convertible debentures (1) 36,816 19,576 43,375 Credit facilities 30,951 44,298 39,606 Total long-term debt less cash and cash equivalents (2) (3) 721,184 727,010 718,616 Total gross value of the assets of the Trust less cash and cash equivalents (2) (4) 1,263,906 1,254,818 1,236,326 Mortgage debt ratio (excluding convertible debentures and credit facilities) (2) (5) 51.7 % 52.8 % 51.4 % Debt ratio – convertible debentures (2) (6) 2.9 % 1.6 % 3.5 % Debt ratio – credit facilities (2) (7) 2.4 % 3.5 % 3.2 % Total debt ratio (2) 57.1 % 57.9 % 58.1 % (1) Before unamortized financing expenses and fair value assumption adjustments. (2) This is a non-IFRS financial measure, refer to appendix 1 (3) Long-term debt less free cash flow is a non-IFRS financial measure, calculated as total of: (i) fixed rate mortgage loans payable; (ii) floating rate mortgage loans payable; (iii) Series I debenture capital adjusted with non-derivative component less conversion options exercised by holders; and (iv) credit facilities, less cash and cash equivalents. The most directly comparable IFRS measure to net debt is debt. (4) Gross value of the assets of the Trust less cash and cash equivalent ("GVALC") is a non-IFRS financial measure defined as the Trust total assets adding the cumulated amortization property and equipment and removing the cash and cash equivalent. The most directly comparable IFRS measure to GVALC is total assets. (5) Mortgage debt ratio is calculated by dividing the mortgage loans outstanding by the GVALC. (6) Debt ratio – convertible debentures is calculated by dividing the convertible debentures by GVALC. (7) Debt ratio – credit facilities is calculated by dividing the credit facilities by the GVALC. SOURCE BTB Real Estate Investment Trust


Canada News.Net
7 hours ago
- Canada News.Net
Wall Street kicks off new with across-the-board gains
NEW YORK, New York - U.S. stocks rebounded Monday with all the major indices pushing higher. Markets were boosted by Europe putting off its retaliatory trade measures it had planned, for six months. "The EU continues to work with the U.S. to finalise a Joint Statement, as agreed on 27 July," a spokesperson for the European Commission said Monday. "With these objectives in mind, the Commission will take the necessary steps to suspend by 6 months the EU's countermeasures against the U.S., which were due to enter into force on 7 August." The U.S. and the European Commission cemented a trade deal at a meeting between U.S. President Donald Trump and European Commission President Ursula von der Leyen at Mr Trump's golf course resort in Scotland on 27 July 2025. Ms von der Leyen at the time, remarked that Mr Trump was "a tough negotiator, but he is also a dealmaker." U.S. stock markets closed sharply higher on Monday, with strong gains across the board. The Standard and Poor's 500 (^GSPC) surged 1.47 percent, adding 91.93 points to close at 6,329.94, as investor optimism drove broad-based buying. The Dow Jones Industrial Average (^DJI) climbed 1.34 percent, rising 585.06 points to finish at 44,173.64, marking its best session in weeks. Meanwhile, the tech-heavy Nasdaq Composite (^IXIC) outperformed with a 1.95 percent gain, jumping 403.45 points to 21,053.58, led by strong performances in big tech and growth stocks. Trading volumes were robust, with the S&P 500 seeing 2.957 billion shares traded, the Dow recording 509.404 million, and the Nasdaq logging 5.865 billion shares exchanged. Global Forex Markets Show Mixed Movements on Monday The foreign exchange market saw mixed movements in major currency pairs at the start of the week, with the U.S. dollar showing varied performance against its counterparts. The EUR/USD pair edged lower, trading at 1.1571, down 0.12 percent as the euro weakened slightly against the greenback. Meanwhile, the USD/JPY declined to 146.95, falling 0.29 percent as the yen gained ground. The USD/CAD pair also dipped modestly, settling at 1.3778, a decrease of 0.06 percent, while the GBP/USD saw a slight uptick, rising 0.06 percent to 1.3279 as the British pound stabilized after last week's losses. The Swiss franc weakened against the dollar, with USD/CHF climbing 0.56 percent to 0.8078. In the Pacific region, the AUD/USD slipped 0.04 percent to 0.6464, and the NZD/USD dropped 0.13 percent to 0.5904, reflecting subdued risk appetite. Global Stock Markets Close Mixed on Monday; European Indices Lead Gains Global stock markets delivered a mixed performance on Monday, with European indices posting strong gains while some Asian markets struggled. European markets surged, with Germany's DAX leading the charge, climbing over 1.4 percent amid optimism over corporate earnings and economic data. Asian markets were mixed, with Japan's Nikkei 225 dropping 509 points or 1.25 percent, while India's Sensex and Hong Kong's Hang Seng posted modest gains. China's benchmark index edged higher, supported by positive sentiment in select sectors. South Africa's Top 40 index outperformed with a 2.51 percent jump, while Egypt's EGX 30 also saw strong gains. Here's a breakdown of Monday's key closing figures: Canada In contrast to U.S. markets Canada'sS&P/TSX Composite (^GSPTSE)bucked the trend, falling0.88 percentor239.37 pointsto27,020.43, weighed down by declines in energy and financial sectors. UK and Europe FTSE 100 (^FTSE): 9,128.30, up 59.72 points (+0.66 percent) DAX (^GDAXI): 23,757.69, up 331.72 points (+1.42 percent) CAC 40 (^FCHI): 7,632.01, up 85.85 points (+1.14 percent) EURO STOXX 50 (^STOXX50E): 5,242.32, up 76.72 points (+1.49 percent) Euronext 100 (^N100): 1,558.34, up 16.95 points (+1.10 percent) BEL 20 (^BFX): 4,608.87, up 43.50 points (+0.95 percent) Asia-Pacific Hang Seng (^HSI): 24,733.45, up 225.64 points (+0.92 percent) SSE Composite ( 3,583.31, up 23.36 points (+0.66 percent) STI Index (^STI): 4,197.23, up 43.40 points (+1.04 percent) S&P/ASX 200 (^AXJO): 8,663.70, up 1.70 points (+0.02 percent) All Ordinaries (^AORD): 8,922.00, up 4.90 points (+0.05 percent) S&P BSE SENSEX (^BSESN): 81,018.72, up 418.81 points (+0.52 percent) IDX Composite (^JKSE): 7,464.65, down 73.12 points (-0.97 percent) FTSE Bursa Malaysia KLCI (^KLSE): 1,526.98, down 6.37 points (-0.42 percent) S&P/NZX 50 (^NZ50): 12,684.04, down 45.36 points (-0.36 percent) KOSPI (^KS11): 3,147.75, up 28.34 points (+0.91 percent) TWSE (^TWII): 23,378.94, down 55.44 points (-0.24 percent) Middle East & Africa