Day: May 7, 2020

In the first quarter (1 January – 31 March) of the 2020 financial year, Tallink Grupp AS and its subsidiaries (the Group) carried 1.6 million passengers, which is 15.6% less than in the first quarter last year. The number of cargo units transported increased by 7.0% in the same comparison. The Group’s unaudited consolidated revenue decreased by 13.4% or EUR 23.9 million to a total of EUR 154.9 million. Unaudited EBITDA was EUR -1.3 million (EUR 3.8 million in Q1 2019) and unaudited net loss was EUR 30.2 million (net loss of EUR 25.3 million in Q1 2019).In the first quarter, the Group’s revenue and operating results were impacted by the following operational factors:Increase in the number of carried passengers in January and February, 12.4% and 8.0%, respectively.Drastic decrease in volumes in March due to Covid-19 resulting in 59.3% less...

In the first quarter (1 January – 31 March) of the 2020 financial year, Tallink Grupp AS and its subsidiaries (the Group) carried 1.6 million passengers, which is 15.6% less than in the first quarter last year. The number of cargo units transported increased by 7.0% in the same comparison. The Group’s unaudited consolidated revenue decreased by 13.4% or EUR 23.9 million to a total of EUR 154.9 million. Unaudited EBITDA was EUR -1.3 million (EUR 3.8 million in Q1 2019) and unaudited net loss was EUR 30.2 million (net loss of EUR 25.3 million in Q1 2019).In the first quarter, the Group’s revenue and operating results were impacted by the following operational factors:Increase in the number of carried passengers in January and February, 12.4% and 8.0%, respectively.Drastic decrease in volumes in March due to Covid-19 resulting in 59.3% less...

Tallink Grupp AS ja tema tütarettevõtted (edaspidi “kontsern“) vedas 2020. aasta esimeses kvartalis 1,6 miljonit reisijat, mida on 15,6% võrra vähem kui eelmise aasta esimeses kvartalis. Veetud kaubaveoühikute arv kasvas eelmise aastaga võrreldes 7,0% võrra. Kontserni auditeerimata müügitulu langes 13,4% ehk 23,9 miljoni euro võrra 154,9 miljoni euroni. Auditeerimata kulumieelne ärikasum (EBITDA) oli -1,3 miljonit eurot (2019. aasta I kvartalis 3,8 miljonit eurot) ja auditeerimata puhaskahjum 30,2 miljonit eurot (2019. aasta I kvartali puhaskahjum oli 25,3 miljonit eurot).I kvartalis mõjutasid kontserni müügitulu ja majandustulemust järgmised äritegevusega seotud tegurid:Reisijate arvu kasv jaanuaris ja veebruaris, vastavalt 12,4% ja 8,%;drastiline mahtude vähenemine märtsis Covid-19 tõttu tingis 59,3% suuruse languse reisijate arvus;viie...

Roissy, 7 May 2020Signing of financing for a total amount of 7 billion euros enabling the Air France-KLM Group and Air France to weather the crisis and prepare for the futureOn 6 May 2020, the Air France-KLM Group signed the legal documentation relating to the financing for a total amount of 7 billion euros, announced in its press release of 24 April 2020 and approved by the European Commission on 4 May 2020. This financing includes two loans intended to finance the liquidity needs of Air France and its subsidiaries:-A Loan Guaranteed by the French State (“PGE”) granted by a syndicate of 9 banks:Mandated Lead Arrangers and Book runners: Crédit Agricole CIB, HSBC France, Natixis (Documentation and Facility Agent);Senior Mandated Lead Arrangers: Deutsche Bank Luxembourg SA, Société Générale, Banco Santander Paris Branch;Mandated...

Roissy, 7 mai 2020Signature des financements pour un montant total de 7 milliards d’euros permettant au groupe Air France KLM et à Air France de traverser la crise et préparer l’avenirLe groupe Air France KLM a procédé le 6 mai 2020 à la signature de la documentation juridique relative à deux financements pour un montant total de 7 milliards d’euros, annoncés dans son communiqué du 24 avril 2020 et approuvés par la Commission Européenne le 4 mai 2020. Ces financements comprennent deux prêts destinés au financement des besoins de liquidité d’Air France et de ses filiales :-Un Prêt Garanti par l’Etat français (« PGE ») octroyé par un syndicat de 9 banques :Arrangeurs mandatés et teneurs de livre : Crédit Agricole CIB, HSBC France, Natixis (Agent de la documentation et de la facilité) ;Arrangeurs mandatés seniors : Deutsche Bank Luxembourg...

KINGSPORT, Tenn., May 07, 2020 (GLOBE NEWSWIRE) — At the Eastman Chemical Company (NYSE:EMN) annual meeting, stockholders:reelected directors Humberto P. Alfonso, Brett D. Begemann, Mark J. Costa, Edward L. Doheny II, Julie F. Holder, Renée J. Hornbaker, Kim Ann Mink, James J. O’Brien, David W. Raisbeck, and Charles K. Stevens III to one-year terms;approved, on an advisory basis, the compensation of the company’s executive officers as disclosed in the annual meeting proxy statement (the “say-on-pay” vote);ratified the appointment of PricewaterhouseCoopers LLP as independent registered public accounting firm for 2020; andrejected an advisory stockholder proposal requesting that the Board of Directors take steps necessary to permit stockholders to act by written consent without a meeting.Additional information about each of the matters...

MCMINNVILLE, Tenn., May 07, 2020 (GLOBE NEWSWIRE) — Security Bancorp, Inc. (OTCBB “SCYT”) (“Company”) today announced consolidated earnings for the first quarter ended March 31, 2020.  The Company is the holding company for Security Federal Savings Bank of McMinnville, Tennessee (“Bank”).Net income for the three months ended March 31, 2020 was $580,000, or $1.52 basic earnings per share, compared to $613,000, or $1.59 basic earnings per share, for the quarter ended March 31, 2019.For the three months ended March 31, 2020, net interest income remained relatively stable at $1.9 million compared to the same period in 2019.  Total interest income increased to $2.5 million for the three months ended March 31, 2020 compared to $2.3 million for the same period in the previous year.  The increase of $191,000, or 8.4%, was primarily attributable...

Hørsholm, Denmark, 7 May 2020 – Oncology Venture A/S (“OV” or the “Company”) today announces the issue of 1,952,475 new shares in connection with debt conversions. Additional information concerning the transaction counterparty, mentioned in the second bullet point below, has been added to this announcement. The Company has, based on a Board resolution from 6 May 2020, issued 1,952,475 new shares in connection with two debt conversions:Debt conversion of SEK 2,500,000 equivalent to 1,412,429 shares issued to Global Corporate Finance in connection with the Share Subscription Agreement announced on 6 May 2020, andDebt conversion of DKK 650,000 equivalent to 540,046 shares issued to a consultant, Sune Hansen, for assistance in connection the establishment of 2X Oncology Inc.            The new shares hold no special rights.The subscription...

OTTAWA, May 07, 2020 (GLOBE NEWSWIRE) — Leonovus Inc. (“Leonovus” or the “Company”) (TSXV: LTV) today provides a business update regarding its March 5, 2020 announcement that it had entered into a non-binding agreement to purchase PureColo Inc. (“PureColo” or the “Acquisition”).The COVID-19 crisis continues to impair the Company’s ability to raise funds needed to complete the Acquisition. Leonovus will continue due diligence on PureColo along with the search for financing. Trading in the shares of the Company will remain halted until the funding, and the Company submits the required documentation regarding the Fundamental Acquisition, according to Section 5.6(d) of TSXV Exchange Policy 5.3 to the TSXV for their review and such review are completed.The testing of Leonovus Vault software is...

CHIHUAHUA, Mexico, May 07, 2020 (GLOBE NEWSWIRE) — Grupo Cementos de Chihuahua, S.A.B. de C.V., or GCC,  (BMV: GCC*), a leading supplier and producer of cement and concrete in the United States, Mexico and Canada today announced that it has signed a long-term agreement with a leading U.S.-based energy provider to supply wind power to GCC’s Rapid City, South Dakota, cement plant. The agreement covers around 50% of the electricity consumed at the plant.