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Month: April 2020

Sonoco Reports First Quarter 2020 Results

HARTSVILLE, S.C., April 16, 2020 (GLOBE NEWSWIRE) — Sonoco (NYSE: SON), one of the largest diversified global packaging companies, today reported financial results for its first quarter ending March 29, 2020, and provided an update related to the impact of the COVID-19 pandemic on the Company.First Quarter HighlightsFirst-quarter 2020 GAAP earnings per diluted share were $0.80, compared with $0.73 in 2019.First-quarter 2020 GAAP earnings included net after-tax charges of $14.8 million related primarily to restructuring actions and non-operating pension costs. In the first quarter of 2019, GAAP earnings included net after-tax charges of $12.5 million related to restructuring actions and non-operating pension costs.Base net income attributable to Sonoco (base earnings) for first-quarter 2020 was $0.94 per diluted share, compared with...

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Ashland provides update on fiscal 2020 second-quarter earnings and COVID-19 impact

WILMINGTON, DELAWARE, April 16, 2020 (GLOBE NEWSWIRE) — Ashland Global Holdings Inc. (NYSE: ASH) today provided an update for preliminary fiscal 2020 second-quarter financial results, its response to the COVID-19 pandemic, and strong financial position. Additional information regarding second-quarter fiscal earnings will be shared during a conference call webcast with securities analysts on May 6, 2020.Preliminary fiscal 2020 second-quarter financial resultsThe Ashland portfolio performed well during the quarter, despite the global macroeconomic uncertainty brought on by the COVID-19 pandemic. Sales were approximately $610 million, down 9 percent versus the prior-year period. Our legacy Pharmachem business and previously communicated prior-year business losses in oral care represented approximately half of this decline. The overall...

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Wabash National Issues Update on Strong Liquidity Position, Cost Containment Measures and Schedules First Quarter 2020 Earnings Conference Call

LAFAYETTE, Ind., April 16, 2020 (GLOBE NEWSWIRE) — Wabash National Corporation (NYSE: WNC) today issued an update on its liquidity position, cost containment measures and announced the date for its first quarter 2020 earnings conference call.Liquidity UpdateAs of March 31, 2020, the company’s total liquidity was $277 million with cash and cash equivalents of $155 million and $122 million of available borrowings under its existing revolving credit facility. As a result of uncertainty caused by COVID-19, the company drew $45 million under its existing revolving credit facility in March 2020.“Wabash National is well-positioned from a liquidity perspective as we have prepared for an eventual downturn in our industry over the last two years. We recently bolstered our cash balance by drawing on our revolving credit facility and we expect...

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Unitil Schedules First Quarter 2020 Earnings Release and Conference Call

HAMPTON, N.H., April 16, 2020 (GLOBE NEWSWIRE) — Unitil Corporation (NYSE: UTL) (www.unitil.com) has scheduled the release of its first quarter 2020 earnings before the market opens on April 30, 2020, and will host its quarterly conference call and webcast later that day at 2:00 p.m. (ET) to review the results.The conference call will be broadcast live in listen-only mode on the Company’s Investor Relations page at www.unitil.com/investors. Related presentation materials will be available before the call on the Company’s website. An archive of the webcast will also be available for one year on the website at www.unitil.com/investors.About Unitil CorporationUnitil Corporation provides energy for life by safely and reliably delivering natural gas and electricity in New England. We are committed to the communities we serve and to developing...

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Ormat Technologies, Inc. to Host Conference Call Announcing First Quarter 2020 Financial Results

RENO, Nev., April 16, 2020 (GLOBE NEWSWIRE) — Ormat Technologies Inc. (NYSE: ORA) announced today that it plans to announce its first quarter 2020 financial results in a press release that will be issued on Monday, May 11, 2020, before the market is open. The Company has scheduled a conference call to discuss the results at 10 a.m. ET on Monday, May 11, 2020.To participate, please dial 1-877-511-6790 approximately 15 minutes prior to the scheduled start of the call. If calling outside of the United States and Canada, please dial 1-412-902-4141. Please request the “Ormat Technologies, Inc. call” when prompted by the conference call operator. The conference call will also be webcast live from the Investor Relations section of the Company’s website.A replay will be available one hour after the end of the conference call. To access...

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Aqua Bio Technology: Positive court ruling is final

Reference is made to Aqua Bio Technology ASA’s stock exchange release on 10 March 2020 regarding the outcome of a legal dispute in Sweden. The Helsingborg District Court ruled that a NOK 12.2 million claim against ABT by the Swedish company Zona Nordic was without merit. Zona Nordic has not appealed the judgment, hence the District Court’s decision is final.The District Court found that ABT had violated a delivery commitment in 2015. However, the NOK 12.2 million claim was deemed unsubstantiated. The court set the compensation to be paid by ABT at approximately NOK 350,000, while also finding that Zona Nordic shall compensate 50 per cent of ABT’s legal costs, representing a payment to ABT of approximately NOK 600,000.For further information, please contact acting CEO Espen Kvale, telephone +47 9162 8092.

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Aqua Bio Technology: Positiv dom er endelig

Det vises til Aqua Bio Technology ASAs børsmelding 10. mars 2020 om utfallet av en rettstvist i Sverige. Helsingborgs tingsrätt avgjorde at et krav på 12,2 millioner kroner mot ABT fra det svenske selskapet Zona Nordic var uten grunnlag. Zona Nordic har ikke anket dommen, som dermed er rettskraftig.Tingretten fant at ABT hadde brutt en leveranseforpliktelse i 2015. Imidlertid fant retten kravet på 12,2 millioner kroner grunnløst. Retten fastsatte erstatningsbeløpet ABT skal betale til om lag 350.000 kroner. Samtidig besluttet retten at Zona Nordic skal dekke 50 prosent av ABTs sakskostnader, noe som innebærer en utbetaling til ABT på om lag 600.000 kroner.Nærmere opplysninger ved kst. adm. direktør Espen Kvale, telefon 9162 8092.Denne opplysningen er informasjonspliktig etter verdipapirhandelloven §5-12

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KBC Group: Notification for shareholders of KBC Group

Notification for shareholders of KBC GroupRegulated information – 16 April 2020, 12h30 CESTPlease be informed that additional/updated information on the annual general meeting of 7 May 2020 will be available today on www.kbc.com, under  Corporate governance / General meeting / 07MAY2020:Agenda/convening notice (changed dd. 16 April 2020)Proxy form for shareholders (changed dd. 16 April 2020)Additional information on the right of shareholders to add new items to the agenda and to table draft resolutions on items included or to be included on the agenda, and additional information on the right of shareholders to ask questions (changed dd. 16 April 2020)Voting form (new document dd. 16 April 2020)

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KBC Groep: Bericht aan de aandeelhouders van KBC Groep

Bericht aan de aandeelhouders van KBC GroepGereglementeerde informatie – 16 april 2020, 12u30Volgende additionele/geactualiseerde informatie met betrekking tot de jaarvergadering van 7 mei 2020 wordt vandaag beschikbaar op www.kbc.com, onder Corporate governance / Algemene vergadering KBC Groep / 7 MEI 2020Agenda/oproeping (aangepast op 16 april 2020)Volmachtformulier aandeelhouders (aangepast op 16 april 2020)Bijkomende informatie over het recht van aandeelhouders om nieuwe onderwerpen op de agenda te plaatsen en voorstellen van besluit in te dienen met betrekking tot op de agenda opgenomen of daarin op te nemen onderwerpen en over het vraagrecht van de aandeelhouders (aangepast op 16 april 2020)Stemformulier aandeelhouders (nieuw document op 16 april 2020) 

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