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Month: August 2020

Artesian Resources Corporation Reports Year-to-Date and Second Quarter Results for 2020

NEWARK, Del., Aug. 05, 2020 (GLOBE NEWSWIRE) — Artesian Resources Corporation (Nasdaq: ARTNA), a leading provider of water and wastewater services, and related services, on the Delmarva Peninsula, today announced year-to-date and second quarter results for 2020.Reports earnings per share of $0.92 year-to-date and $0.49 in the second quarter of 2020Invested $20.6 million year-to-date in water and wastewater infrastructureMunicipal water acquisitions add approximately 3,000 people served in Delaware service area in 2020Year-to-Date ResultsNet income for the first six months ended June 30, 2020 was $8.6 million, a $1.3 million, or 17.3%, increase compared to net income recorded during the first six months of 2019.  Diluted earnings per share was $0.92 for the six months ended June 30, 2020, a 16.5% increase compared to $0.79 for the...

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Rogers Sugar Inc. : Résultats du troisième trimestre de l’exercice 2020

DIMINUTION DU VOLUME DU SECTEUR DU SUCRE PAR RAPPORT À CELUI DU TRIMESTRE CORRESPONDANT DE L’EXERCICE PRÉCÉDENT – BON VOLUME GÉNÉRÉ PAR LES PRODUITS DE CONSOMMATION ET VENTES ADDITIONNELLES AUX ÉTATS-UNIS CONTREBALANCÉS PAR LA BAISSE DES VOLUMES DE PRODUITS INDUSTRIELS ET LIQUIDESVOLUMES ET PRODUITS SUPÉRIEURS À CEUX GÉNÉRÉS PAR LE SECTEUR DES PRODUITS DE L’ÉRABLE POUR LE TRIMESTRE CORRESPONDANT, MAIS LA COMPOSITION DES VENTES ÉTAIT CARACTÉRISÉE PAR UNE BAISSE DU POURCENTAGE DE LA MARGE BRUTE ET LE SECTEUR A ASSUMÉ DES COÛTS DE MAIN-D’ŒUVRE SUPPLÉMENTAIRESOPÉRATIONS INDUSTRIELLES COMPLIQUÉES PAR L’ADAPTATION INCESSANTE AUX MESURES VISANT LA PROTECTION DES EMPLOYÉS ET DES CLIENTS CONTRE LA COVID-19, LES EFFORTS POUR RÉPONDRE AUX BESOINS CHANGEANTS DES CLIENTS ET POUR RÉALISER DES VENTES ADDITIONNELLES AUX ÉTATS-UNIS AUX TERMES DE CONTINGENTS,...

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Novartis announces NEJM publication of Phase III ASCLEPIOS trials demonstrating superior efficacy of ofatumumab in patients with relapsing multiple sclerosis

Ofatumumab is a targeted B-cell therapy that delivers superior efficacy with a similar safety profile when compared with teriflunomide, a commonly prescribed oral treatment for multiple sclerosis1 ASCLEPIOS I and II demonstrated significant reductions in risk of relapses, confirmed disability worsening and profound reduction of active or new brain lesions1 The US Food and Drug Administration and European Medicines Agency are currently reviewing ofatumumab for the treatment of relapsing forms of multiple sclerosis (RMS) in adults If approved, ofatumumab will be the first B-cell therapy that can be self-administered at home and has the potential to become a first-choice treatment for use in RMS patients The digital press release with multimedia content can be accessed here:Basel, August 5, 2020 — Novartis today announced that The New England...

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Martinrea International Inc. to Announce Second Quarter Results on August 10, 2020

TORONTO, Aug. 05, 2020 (GLOBE NEWSWIRE) — Martinrea International Inc. (TSX : MRE) today announced that it will report its financial results for the second quarter ended June 30, 2020 on August 10, 2020.A conference call to discuss the financial results will be held on Tuesday, August 11, 2020 at 9:45 a.m. (Toronto time) which can be accessed by dialing 416-641-6104 or toll free 800-952-5114 (participant code 4636275#).  Please call 10 minutes prior to the start of the conference call.   If you have any teleconferencing questions, please call Ganesh Iyer at 416-749-0314.There will also be a rebroadcast of the call available by dialing 905-694-9451 or toll free 800-408-3053 (conference id – 8944834#).  The rebroadcast will be available until September 9, 2020.The common shares of Martinrea trade on The Toronto Stock Exchange under...

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Osisko Reports Second Quarter 2020 Results and Updated Guidance for Second Half of 2020

MONTRÉAL, Aug. 05, 2020 (GLOBE NEWSWIRE) — Osisko Gold Royalties Ltd (the “Company” or “Osisko”) (OR: TSX & NYSE) today announced its consolidated financial results for the second quarter of 2020.HighlightsUpdated guidance for the second half of the year of 33,000 to 35,000 gold equivalent ounces1 (“GEOs”);Revenues from royalties and streams of $28.7 million (Q2 2019 – $33.8 million);Cash flows from operating activities of $15.4 million (Q2 2019 – $21.4 million); $18.6 million before changes in non-cash working capital items (Q2 2019 – $23.5 million);Earned 12,386 GEOs (Q2 2019 – 19,651 GEOs);Net earnings of $13.0 million, $0.08 per basic share (Q2 2019 – net loss of $6.5 million, $0.04 per basic share);Adjusted earnings2 of $5.7 million or $0.03 per basic share (Q2 2019 – $8.2 million, $0.05 per basic share);Cash operating...

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Osisko publie ses résultats pour le deuxième trimestre de 2020 et une mise à jour de ses perspectives de production pour la deuxième moitié de 2020

MONTRÉAL, 05 août 2020 (GLOBE NEWSWIRE) — Redevances Aurifères Osisko Ltée (la « Société » ou « Osisko ») (TSX et NYSE : OR) annonce aujourd’hui ses résultats financiers consolidés pour le deuxième trimestre de 2020.Faits saillantsPerspectives de production mises à jour pour la deuxième moitié de l’année de 33 000 à 35 000 onces d’équivalent d’or1;Produits provenant des redevances et des flux de 28,7 millions de dollars (T2 2019 – 33,8 millions de dollars);Flux de trésorerie générés par les activités d’exploitation de 15,4 millions de dollars (T2 2019 – 21,4 millions de dollars); 18,6 millions de dollars avant la variation des éléments hors caisse (T2 2019 – 23,5 millions de dollars);12 386 onces d’équivalent d’or gagnées (T2 2019 – 19 651 onces d’équivalent d’or);Bénéfice net de 13,0 millions de dollars, 0,08 $ par action de base...

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Andrew Peller Limited Reports Strong Revenue and Earnings in the First Quarter Fiscal 2021

GRIMSBY, Ontario, Aug. 05, 2020 (GLOBE NEWSWIRE) — Andrew Peller Limited ADW.A/ADW.B (“APL” or the “Company”) announced solid growth and strong operating performance for the three months ended June 30, 2020.FIRST QUARTER FISCAL 2021 HIGHLIGHTS:                                                                               Sales up 3.4% on strong performance due to consumer purchasing pattern changes during the COVID-19 pandemic;Launch of new e-commerce portal contributes to growth;Gross margin remains strong at 43.4%;As a percentage of sales, selling and administration expenses decreased to 20.5% compared to 25.3% last year;EBITA rises to $22.6 million from $18.4 million last year; andNet earnings increase to $11.2 million from $8.8 million last year.“I am proud of our employees for their hard work, dedication, and significant contribution...

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Stantec Delivers 4% Increase in Adjusted Diluted EPS in Second Quarter of 2020

EDMONTON, Alberta, Aug. 05, 2020 (GLOBE NEWSWIRE) — TSX, NYSE:STN Stantec today reported its results for the quarter ended June 30, 2020. Unless otherwise indicated, financial figures are expressed in Canadian dollars, and comparisons are to the prior period ended June 30, 2019.Adjusted net income in the second quarter of 2020 increased 2.9% to $57.7 million and adjusted diluted EPS increased 4.0% to $0.52.“Our solid second quarter results are a credit to our employees who continue to execute our client-centered strategy in the midst of unprecedented disruption,” said Gord Johnston, Stantec’s President and Chief Executive Officer. “Although net revenues retracted nominally as anticipated, our commitment to excellence drove healthy adjusted EBITDA and adjusted net income margins of 15.0% and 6.1%, respectively.”  Second Quarter 2020...

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WSP Reports Q2 2020 Results With Strong Cash Flow Generation and Margin Profile

MONTREAL, Aug. 05, 2020 (GLOBE NEWSWIRE) — WSP Global Inc. (TSX: WSP) (“WSP” or the “Corporation”) today announced financial and operating results for the second quarter of fiscal 2020 ended on June 27, 2020.SECOND QUARTER 2020 FINANCIAL HIGHLIGHTSSolid performance in the second quarter of 2020 exceeded management’s ambitions resulting in strong free cash flow and an increased adjusted EBITDA margin.Revenues and net revenues* for the quarter reached $2.2 billion and $1.7 billion, down 4.5% and 1.2%, respectively, compared to Q2 2019. Organically, net revenues contracted 5.3% for the quarter. Good organic growth in the APAC reportable segment was offset by organic contraction in the other segments.Backlog* as at June 27, 2020 stood at $8.6 billion, another record high of 11.5 months of revenues, up $479.2 million or 5.9% from $8.1...

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