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Day: April 20, 2020

Houston Wire & Cable Company Announces Change of Date, Time and Location of Annual Meeting of Stockholders

HOUSTON, April 20, 2020 (GLOBE NEWSWIRE) — Due to the public health impact of the coronavirus (COVID-19) pandemic and to support the health and well-being of its employees, stockholders and community, Houston Wire & Cable Company (NASDAQ: HWCC) (the “Company”) announced that its Annual Meeting of Stockholders has been changed from an in-person meeting in Houston, Texas to a virtual meeting format only. In addition, the date and time of the meeting have been changed to Monday, May 11, 2020 at 2 p.m., Central Time.As described in the proxy materials for the annual meeting previously distributed, registered stockholders as of the close of business on March 13, 2020, the record date, are entitled to participate in the annual meeting. To access the virtual meeting, visit www.virtualshareholdermeeting.com/HWCC2020 and enter the 16-digit...

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Marel Q1 2020: Record orders and strong cash flow while financial results are colored by pandemic

EXECUTIVE SUMMARYFinancial highlights Q1 2020Orders received were EUR 351.8m (1Q19: 323.3m).The order book was EUR 464.6m (YE19: 414.4m and 1Q19: 474.7m).Revenues were EUR 301.6m (1Q19: 324.6m).EBIT* was EUR 25.4m (1Q19: 47.5m), translating to an EBIT* margin of 8.4% (1Q19: 14.6%). Non-recurring and not adjusted for cost associated with strategic streamlining is around EUR 3m. Streamlining will come into full effect in 2021 with cost savings of EUR 6m on an annual basis.Net result was EUR 13.4m (1Q19: 32.2m).Basic earnings per share (EPS) were EUR 1.76 cents (1Q19: 4.85 cents).Cash flow from operating activities before interest and tax in the quarter was EUR 61.5m (1Q19: 59.6m). Free cash flow at EUR 38.6m (1Q19: 44.0m).Net debt/EBITDA was x0.4 at end of March (YE19: x0.4). Targeted capital structure is x2-3 net debt/EBITDA.Marel drew...

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Marel 1F 2020: Mikill vöxtur í pöntunum og sterkt sjóðstreymi en heimsfaraldur setur mark sitt á afkomu

Marel kynnir afkomu fyrsta ársfjórðungs (allar fjárhæðir eru í evrum)Helstu atriði:Fyrsti ársfjórðungur 2020Pantanir námu 351,8 milljónum evra (1F19: 323,3m).Pantanabókin stóð í 464,6 milljónum evra (2019: 414,4m og 1F19: 474,7m).Tekjur námu 301,6 milljónum evra (1F19: 324,6m).EBIT* nam 25,4 milljónum evra (1F19: 47,5m), sem var 8,4% af tekjum (1F19: 14,6%). Einskiptiskostnaður vegna hagræðingar, sem ekki er sérstaklega leiðrétt fyrir, er um 3 milljónir evra. Hagræðingaraðgerðir munu skila sér að fullu árið 2021, með því sem nemur 6 milljón evra lækkun á kostnaðargrunni á ársgrundvelli.Hagnaður nam 13,4 milljónum evra (1F19: 32,2m).Hagnaður á hlut (EPS) var 1,76 evru sent (1F19: 4,85 evru sent).Handbært fé frá rekstri fyrir fjármagnsliði og skatta nam 61,5 milljónum evra (1F19: 59,6m).Frjálst sjóðstreymi nam 38,6 milljónum evra (1F19:...

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UPS Donating 10,000 Respirator Masks to Children’s Healthcare of Atlanta

ATLANTA, April 20, 2020 (GLOBE NEWSWIRE) — UPS (NYSE:UPS) today announced the donation of 10,000 N95 respirator masks to Children’s Healthcare of Atlanta. UPS has procured a sufficient supply to meet internal needs for its employees, and is sharing its available masks to help protect healthcare providers at Children’s across its hospitals in the Atlanta area.“Atlanta is UPS’s home – it’s our global headquarters, and the city and the State of Georgia aren’t just communities we serve, but also the city and state that thousands of our employees call home,” said UPS President, South Atlantic District Derrick Johnson. “We couldn’t be happier to provide these masks to Children’s Healthcare of Atlanta at this time – a time when PPE of all kinds is in desperate need by hospitals around the country.”UPS procured the masks from a variety...

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Methanex Announces Change in Location of Annual General Meeting of Shareholders

VANCOUVER, British Columbia, April 20, 2020 (GLOBE NEWSWIRE) — Methanex Corporation (TSX:MX) (NASDAQ:MEOH) announced that its annual general meeting of shareholders scheduled for Thursday, April 30, 2020, starting at 10:00am (Pacific Time), will now be held at Methanex’s temporary head office in Vancouver located at Suite 800 – 355 Burrard Street. The change in location is a result of the temporary closure of the venue described in the Notice of Meeting dated March 5, 2020 due to the ongoing COVID-19 pandemic. The date and time of the Meeting remain unchanged.The agenda, which describes the business that the Company will conduct at the meeting, is set out in the Company’s Information Circular dated March 5, 2020. No presentations or other communication sessions are planned for the Meeting.As a precautionary measure, to support the...

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Lauritz.com Group A/S appoints M&A consultancy

No. 5/2020Copenhagen, 20 April 2020Lauritz.com Group has appointed the internationally acknowledged M&A consultancy GCA Altium to actively pursue the strategic possibilities for strengthening the capital base of the company and redeem the bond debt. The appointment has been made in agreement with a group of bondholders holding approx. 47% of the outstanding bonds. The same bondholders have also agreed that they will not propose or support any proposal to activate the pledges. This agreement applies until December 31st 2020.Bengt Sundström, Chairman of the boardCarsten Rysgaard, CEOPreben Vinkler Lindgaard, CFOFor press enquiries, please contact:Susanne Sandsberg+45 26891909  E-mail: press@lauritz.comFor other enquiries, please contact:Preben Vinkler LindgaardCFOPreben@lauritz.comCertified Adviser: Erik Penser Bank ABTelephone number:...

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NW Natural Holdings Schedules Earnings Release and Conference Call for Friday, May 8

PORTLAND, Ore., April 20, 2020 (GLOBE NEWSWIRE) — Northwest Natural Holding Company (NYSE: NWN) (NW Natural Holdings) announced today it will issue its first quarter 2020 earnings release and conduct an analyst conference call and webcast to review results at 8 a.m. Pacific Time (11 a.m. Eastern Time) on Friday, May 8, 2020.To hear the conference by webcast, log on to NW Natural Holdings’ corporate website at nwnaturalholdings.com. To hear the conference call by phone, please dial 1-866-267-6789 within the United States and 1-855-669-9657 from Canada. International callers can dial 1-412-902-4110.To access the conference replay, please call 1-877-344-7529 within the United States and enter the conference identification pass code 10141985. To hear the replay from Canada, please dial 1-855-669-9658 and from international locations,...

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Gabriel Holding AS – forventninger til regnskabsåret 2019 20

Gabriel Holding A/S realiserer et solidt første halvår af regnskabsåret 2019/20, men udbrud af coronavirus (COVID-19) påvirker imidlertid de markedsmæssige forudsætninger for selskabet negativt. Forventningerne til regnskabsåret 2019/20 opdateres som følge heraf.Gabriel Holding A/S suspenderede d. 20. marts 2020 midlertidigt de finansielle forventninger til regnskabsåret 2019/20.I henhold til koncernens finanskalender offentliggøres regnskabet for årets første halvår (1. oktober 2019 – 31. marts 2020) d. 30. april 2020. Halvårsrapporten offentliggøres i sin helhed på denne dato, men resume for perioden samt opdatering af de finansielle forventninger offentliggøres hermed.ResuméOmsætningen steg med 74,2 mio.kr. (22%) til 418,0 mio. kr. (343,7 mio. kr.).I 2. kvartal udgjorde stigningen 20% til 213,6 mio. kr. (178,4 mio. kr.)Resultat af...

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