Day: October 23, 2019

Third quarter 2019 results: Organic growth of +2.6% despite challenging trading conditions, Cost savings program on track, Moderate adjusted EBITDA margin increase

Written by Customer Service on October 23, 2019. Posted in Public Companies.

Paris, October 23, 2019HighlightsNet sales at €907.1 million in Q3 2019 (+8.0% versus Q3 2018)Positive organic growth([1]) (+2.6%) in Q3 2019, driven by 10.5% organic growth in Sports and stable sales in EMEA and CIS, APAC & LatamSelling price increases offset purchasing costs and wage inflationAcceleration of cost savings: €12.1 million of net productivity gains and SG&A reductionAdjusted EBITDA([2]) before IFRS 16 application at €107.5 million or 11.8% of revenues versus €97.7 million and 11.6% in Q3 2018Reported adjusted EBITDA(2) (after IFRS 16 application) at €115.0 million in Q3 2019A positive amount of €5.4 million related to litigation settlements in Sports included in adjusted EBITDADedicated action plan being rolled out to restore operating performance in North AmericaCommenting on these results, CEO Fabrice Barthélemy...

Résultats du troisième trimestre 2019 : Croissance organique de +2,6% malgré des conditions de marché plus difficiles, Plan de réduction des coûts en bonne voie, Augmentation modérée de la marge d’EBITDA ajusté

Written by Customer Service on October 23, 2019. Posted in Public Companies.

Paris, le 23 octobre 2019Points clésChiffre d’affaires de 907,1 millions d’euros au T3 2019 (+8,0% par rapport au T3 2018)Croissance organique ([1]) positive (+2,6%) au T3 2019, tirée par une croissance organique de 10,5% dans le Sport, des ventes stables en EMEA et CEI, APAC & Amérique latineLes hausses de prix de vente compensent l’inflation des coûts d’achat et l’inflation salarialeAccélération des réductions de coûts : 12,1 millions d’euros de gains de productivité nets et de baisse des frais commerciaux, généraux et administratifsEBITDA ajusté ([2]) avant application d’IFRS 16 de 107,5 millions d’euros, soit 11,8% du chiffre d’affaires contre 97,7 millions d’euros et 11,6% au T3 2018EBITDA ajusté (2) publié (après application d’IFRS 16) de 115,0 millions d’euros au T3 2019Effet positif de règlements de litiges dans le Sports...

Coface results 30 September 2019: Coface reports another strong quarter

Written by Customer Service on October 23, 2019. Posted in Earnings Releases And Operating Results.

Paris, 23 October 2019 – 17:35Coface results 30 September 2019: Coface reports another strong quarterTurnover reached €1,103m – up 5.6% at constant FX and perimeter; Q3-2019 up 3.8% y-o-yAll regions continue to contribute to growthNew production is improving, retention remains highLower client activity growth reflects slowing global economyNet loss ratio stable at 45.1% for 9M-2019; Net combined ratio improved by 2.3 ppts. at 76.8%Net loss ratio at 47.1% for Q3-2019, improved by 1.4 ppt., despite a riskier global economyNet cost ratio improved by 2.3 ppts. at 31.7% for 9M-2019, compared to 34.0% for first 9 months of 2018, reflects continued cost controls and business growthNet combined ratio of 78.1% for Q3-2019Net income (group share) of €117.3m, of which €38.8m in Q3-20199M-2019 net profit up 19% y-o-y; Q3-2019 net profit up 27% vs...

Résultats de Coface au 30 septembre 2019 : Coface enregistre un nouveau très bon trimestre

Written by Customer Service on October 23, 2019. Posted in Earnings Releases And Operating Results.

Paris, le 23 octobre 2019 – 17h35Résultats de Coface au 30 septembre 2019 : Coface enregistre un nouveau très bon trimestreChiffre d’affaires : 1 103 M€, en hausse de +5,6% à périmètre et taux de change constants, et +3,8% au T3-2019Toutes les régions contribuent positivement à la croissanceHausse de la production nouvelle, avec un niveau de rétention qui reste élevéRalentissement de la croissance du chiffre d’affaires des assurés, en ligne avec l’économie mondialeRatio de sinistralité net à 45,1% au 9M-2019 ; ratio combiné net à 76,8% en amélioration de 2,3 ppts.Ratio de sinistralité net à 47,1% au T3-2019, en amélioration de 1,4 ppt. malgré une remontée des risques dans l’économie mondialeRatio de coûts net en amélioration de 2,3 ppts. à 31,7% contre 34,0% au 9M-2018 ; sous l’effet du levier de la maîtrise des charges et de la croissance...

TM – Results of the third quarter of 2019

Written by Customer Service on October 23, 2019. Posted in Earnings Releases And Operating Results.

Attached is a Press release, Condensed Consolidated Interim Financial Statements and Investor presentation for TM´s Q3 2019 Results.AttachmentsTM – Press Release Q3 2019Tryggingamiðstöðin hf. Condensed Consolidated Interim Financial Statements 1 January to 30 September 2019TM – Investor Presentation Q3 2019

TM – Uppgjör þriðja ársfjórðungs 2019

Written by Customer Service on October 23, 2019. Posted in Earnings Releases And Operating Results.

Í viðhengi eru fréttatilkynning, samandreginn árshlutareikningur samstæðunnar og fjárfestakynning vegna uppgjörs þriðja ársfjórðungs 2019.ViðhengiTM – Fréttatilkynning 3F 2019Tryggingamiðstöðin hf. Samandreginn árshlutareikningur samstæðu 30. september 2019TM – Investor Presentation Q3 2019

Franchise Group, Inc. Closes on the Acquisition of the Sears Outlet Business from Sears Hometown and Outlet Stores, Inc.

Written by Customer Service on October 23, 2019. Posted in Mergers And Acquisitions.

VIRGINIA BEACH, Virginia, Oct. 23, 2019 (GLOBE NEWSWIRE) — Franchise Group, Inc. (OTC PINK: FRGA) ( “Franchise Group” or the “Company”) today announced the completion of its previously announced acquisition from Sears Hometown and Outlet Stores, Inc. (“Sears Hometown”) (NASDAQ: SHOS) of the Sears Outlet business and Buddy’s Home Furnishing stores of Sears Hometown (“Sears Outlet business”). This transaction continues the strategic transformation of Franchise Group, including building a franchising platform that is intended to complement and diversify Franchise Group’s current businesses and operations. The Sears Outlet business is designed to provide customers with in-store and online access to new, one-of-a kind, out-of-carton, discontinued, reconditioned, overstocked, and scratched and dented products across a broad assortment...

Greene County Bancorp, Inc. Reports 11.0% Increase in Net Income for the Quarter Ended September 30, 2019, and Selected for the Sandler O’Neill Sm-All Stars Class of 2019

Written by Customer Service on October 23, 2019. Posted in Earnings Releases And Operating Results.

CATSKILL, N.Y., Oct. 23, 2019 (GLOBE NEWSWIRE) — Greene County Bancorp, Inc. (the “Company”) (NASDAQ: GCBC), the holding company for The Bank of Greene County and its subsidiary Greene County Commercial Bank, today reported net income for the three months ended September 30, 2019, which is the first quarter of the Company’s fiscal year ending June 30, 2020. Net income for the three months ended September 30, 2019 and 2018 was $4.9 million compared to $4.4 million, an 11.0% increase. Earnings per share were $0.57 per basic and diluted share, for the three months ended September 30, 2019, and $0.51 per basic and diluted share, for the three months ended September 30, 2018.Donald Gibson, President & CEO stated: “I am proud of our continued strong performance in this very difficult interest rate environment. I am also proud to...

Form 8.3 – [Greene King PLC]

Written by Customer Service on October 23, 2019. Posted in Mergers And Acquisitions.

FORM 8.3PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BYA PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORERule 8.3 of the Takeover Code (the “Code”)1. KEY INFORMATION2. POSITIONS OF THE PERSON MAKING THE DISCLOSUREIf there are positions or rights to subscribe to disclose in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 2(a) or (b) (as appropriate) for each additional class of relevant security.(a) Interests and short positions in the relevant securities of the offeror or offeree to which the disclosure relates following the dealing (if any)All interests and all short positions should be disclosed.Details of any open stock-settled derivative positions (including traded options), or agreements to purchase or sell relevant securities, should...

BioRestorative Therapies Receives A Second Patent in Australia For Its Metabolic Program

Written by Customer Service on October 23, 2019. Posted in Public Companies.

MELVILLE, N.Y., Oct. 23, 2019 (GLOBE NEWSWIRE) — BioRestorative Therapies, Inc. (the “Company”) (OTC: BRTX), a life sciences company focused on stem cell-based therapies, today announced that the Australia Patent Office has issued a Certificate of Grant for the Company’s patent application titled “Human Brown Adipose Derived Stem Cells and Uses.”This is the second patent issued for the Company’s brown fat technology in Australia and adds to three other patents related to BioRestorative’s metabolic program (ThermoStem® Program) that have previously been issued to the Company in the United States and other countries.This patent will allow for the protection of a specific isolated human brown adipose tissue stem cell line capable of differentiating into multiple cell types. This particular cell line possesses strong characteristics...

Day: October 23, 2019

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