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Month: April 2020

Resilient Adjusted EBITDA in Q1 2020 in spite of slightly lower revenues – Strong focus on costs reduction and cash preservation in the wake of the Covid-19 crisis

First Quarter 2020 ResultsNet revenues down -2.2% with a like-for-like change of -2.9% versus Q1 2019Q1 2020 activity impacted by lockdown measures at the end of the quarter, particularly in Europe; demand impacted in all key regions since early AprilAdjusted EBITDA of €42.4 million or a 6.9% margin, stable versus last yearMaintained profitability year-on-year thanks to solid achievements in cost reduction and some easing of raw material costsSubstantial additional set of cost cutting measures to adapt to reduced demand in Q2 2020 and strict cash management to protect cash-flowsSolid level of liquidity with €650 million in cash and confirmed credit lines at the end of March; ongoing discussion with banks to set up additional credit lines and waive financial covenantAdjusted EBITDA to be affected in Q2 and FY 2020 by the current situation,...

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Résilience de l’EBITDA ajusté au premier trimestre malgré une légère baisse du chiffre d’affaires – Focalisation sur la réduction de coûts et la préservation de la liquidité dans le contexte de la crise du Covid-19

Résultats du 1er trimestre 2020Chiffre d’affaires en baisse de -2,2%, et de -2,9% à taux de change et périmètre comparables par rapport au T1 2019Activité du T1 2020 affectée par les mesures de confinement mises en place à la fin du trimestre, tout particulièrement en Europe ; demande pénalisée dans toutes les régions à partir de début avrilEBITDA ajusté de 42,4 millions d’euros, soit une marge de 6,9%, stable par rapport au T1 2019Rentabilité maintenue par rapport à l’année dernière grâce à un bon niveau de réduction des coûts et à un allègement du coût des matières premièresMise en œuvre de mesures fortes afin de réduire les coûts pour s’adapter à la baisse de la demande prévue sur le T2 2020 et protéger les flux de trésorerieLiquidité solide avec une trésorerie et des lignes de crédit confirmées pour plus de 650 millions d’euros à...

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Exel Industries :Q2 2019-2020 sales Mixed impact of the health crisis depending on activity

PRESS RELEASE                                                                                                             April 28, 2020Q2 2019-2020 salesMixed impact of the health crisis depending on activity(*) The amounts at constant scope and foreign exchange rates are calculated:– by converting the amounts for the current quarter at the average quarterly exchange rates of the previous year;– by excluding Intec sales, a company acquired in February 2020.Q2 2019-2020 sales (January to March 2020) totaled €194.9 million, down 10.1% on Q2 2018-2019.This decrease is predominantly attributable to the Agricultural Spraying and Garden Watering and Spraying activities, which were impacted by the Covid-19 crisis just as their season got underway.·Agricultural SprayingAfter a stable first quarter compared with last year, the decrease...

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EXEL INDUSTRIES :Chiffre d’affaires 2ème trimestre 2019-2020 Impact de la crise sanitaire contrasté selon les activités

COMMUNIQUE DE PRESSE                                                                                       Le 28 avril 2020Chiffre d’affaires 2ème trimestre 2019-2020Impact de la crise sanitaire contrasté selon les activités(*) Les montants à taux de change et périmètre constants sont calculés :–  en convertissant les montants du trimestre en cours aux taux de change moyens trimestriels de l’année précédente ;– en excluant le chiffre d’affaires d’Intec, société acquise en février 2020.Le chiffre d’affaires du deuxième trimestre de l’exercice 2019-2020 (janvier à mars 2020) s’élève à 194,9M€, en recul de 10,1% par rapport au 2ème trimestre 2018-2019.La baisse provient principalement des activités Pulvérisation Agricole et Arrosage et pulvérisation du jardin, impactées par la crise Covid-19 alors que leur saison commence.·Pulvérisation...

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Fleury Michon : Communiqué de mise à disposition du Document d’enregistrement universel 2019

FLEURY MICHONCOMMUNIQUÉ DE MISE A DISPOSITION DU DOCUMENT D’ENREGISTREMENT UNIVERSEL 2019Pouzauges –  le 28 avril 2020 après bourseLa société Fleury Michon a déposé le 28 avril 2020 auprès de l’Autorité des Marchés Financiers (AMF) le Document d’enregistrement universel 2019.Ce document est disponible, en version française, sur le site internet www.fleurymichon.fr rubrique Groupe/finance/documents 2019/Rapports et également sur le site de l’AMF www.amf-france.org.Le Document d’enregistrement universel inclut notamment :Le rapport financier annuel 2019 ;Les rapports des Commissaires aux comptes et les informations relatives à leurs honoraires ;Le rapport sur le gouvernement d’entreprise ;Le descriptif du programme de rachat d’actions propres ;La Déclaration de Performance extra-financière.Contact communauté financière : Philippe Teisseire,...

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Eagle Bancorp Montana Earns $3.9 Million, or $0.57 per Diluted Share, in First Quarter 2020; Declares Regular Quarterly Cash Dividend of $0.095 per Share; Announces COVID-19 Preparations

HELENA, Mont., April 28, 2020 (GLOBE NEWSWIRE) — Eagle Bancorp Montana, Inc. (NASDAQ: EBMT), (the “Company,” “Eagle”), the holding company of Opportunity Bank of Montana, today reported net income in the first quarter of 2020 increased substantially to $3.9 million, or $0.57 per diluted share, reflecting the high level of contributions from mortgage banking and gains from sale of loans.  This compared to $1.2 million, or $0.18 per diluted share, in the first quarter of 2019, and $2.3 million, or $0.36 per diluted share, in the preceding quarter.  There were $128,000 in acquisition costs in the first quarter of 2020, compared to $505,000 in the preceding quarter, and $1.2 million in the first quarter a year ago.Eagle’s board of directors declared a quarterly cash dividend of $0.095 per share on April 23, 2020.  The dividend will...

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Síminn hf. – Strong quarter and yet low operational impact of COVID-19 pandemic

Q1 2020Síminn‘s revenue amounted to ISK 7,246 million in the first quarter (Q1) of 2020, compared to ISK 6,962 million in the same period 2019. An increase by ISK 284 million or 4.1%.EBITDA amounted to ISK 2,735 million in Q1 2020, compared to ISK 2,369 million in the same period of 2019, up by ISK 366 million or 15.4%. The EBITDA ratio was 37.7% in Q1 2020, compared to 34.0% in the same period of 2019. Effects of Siminn Sport support the increase in EBITDA.Profit in Q1 2020 amounted to ISK 764 million, compared to ISK 615 million in the same period of 2019. An increase by ISK 149 million og 24.2%.Cash generated by operation amounted to ISK 3,734 million in Q1 2020, compared to ISK 2,062 million in the same period of 2019. Net cash from operating activities amounted to ISK 3,396 million in Q1 2020, compared to ISK 1,711 million in the...

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Síminn hf. – Sterkur fjórðungur og lítil rekstraráhrif enn sem komið er af COVID-19 heimsfaraldri

1F 2020Tekjur á fyrsta ársfjórðungi (1F) 2020 námu 7.246 milljónum króna samanborið við 6.962 milljónir króna á sama tímabili 2019 og hækka því um 284 milljónir króna eða 4,1%.Rekstrarhagnaður fyrir afskriftir og fjármagnsliði EBITDA nam 2.735 milljónum króna á 1F 2020 samanborið við 2.369 milljónir króna á sama tímabili 2019 og hækkar því um 366 milljónir króna eða 15,4% frá sama tímabili í fyrra. EBITDA hlutfallið er 37,7% fyrir fyrsta ársfjórðung 2020 en var 34,0% á sama tímabili 2019. Jákvæð áhrif af Símanum Sport styðja við hækkun EBITDA.Hagnaður á 1F 2020 nam 764 milljónum króna samanborið við 615 milljónir króna á sama tímabili 2019 og hækkar því um 149 m.kr. eða 24,2%.Handbært fé frá rekstri án vaxta og skatta nam 3.734 milljónum króna á 1F 2020 en var 2.062 milljónir króna á sama tímabili 2019. Eftir vexti og skatta nam handbært...

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Crédit Agricole Brie Picardie : résultats financiers au 31 mars 2020

Communiqué de presseAmiens, le 28 avril 2020Crédit Agricole Brie Picardie :Une banque solide, présente et à l’écoute de son territoire  Résultats à fin mars 2020*Une collecte bilancielle en forte progression (+ 9,7 %), signe de confiance des clientsUn taux de défaut très bas, reflétant la qualité du portefeuille crédit et la solidité financièreUne mobilisation en faveur des clients touchés par la crise du CovidDéveloppement commercialL’encours de collecte bilancielle progresse de 9,7 % sur un an glissant et atteint 19,0 milliards d’euros à fin mars 2020. Une collecte déjà sur un niveau dynamique depuis plus d’un an, les clients témoignent leur confiance dans cette période de pandémie en renforçant leur épargne auprès du Crédit Agricole Brie Picardie. Cette collecte permet également de financer l’économie locale en circuit court. L’encours...

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Dealnet Provides Details Regarding Small’s Excessive Compensation

TORONTO, April 28, 2020 (GLOBE NEWSWIRE) — Dealnet Capital Corp. (TSX VENTURE: DLS) (“Dealnet” or the “Company”) today provided a summary of bloated overhead costs and salaries under Dr. Steven Small’s (“Small”) leadership, and how the Board and the new management team have decisively cut these costs in the short time since Small was terminated for cause on April 8, 2018. Further examples of improvements under the new team can be found in an investor presentation available at www.dealnetcapital.com/additional-info/.Small’s Excessive CompensationSmall’s compensation as Executive Chairman and the circumstances of its approval are a matter of concern to Dealnet and the current Board and form part of the Counterclaim against Small in his wrongful dismissal litigation.As outlined in the pleadings, Small’s compensation as Executive Chairman...

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