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Year: 2020

Fitch assigns investment grade rating to JDE Peet’s

BBB-/Stable rating underscores operating strength, strong financial discipline and continued progress Amsterdam, 11 November 2020JDE Peet’s (EURONEXT: JDEP), the world’s largest pure-play coffee and tea group by revenue, today announced that Fitch Ratings has assigned an investment grade rating (BBB-/Stable) to the company. This rating reinforces the commitment the company made since the IPO to become investment grade, and underscores its operating strength, strong financial discipline, and continued progress.In its release, Fitch noted: “The ‘BBB-‘ rating reflects the company’s strong market position in the global coffee industry, the ability to protect its performance from the price movements of raw coffee, as well as good scope for continued profit growth thanks to a well thought-out strategy relying on a wide breadth of successful...

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Interim Report Q3 2020: GN Audio +72%, GN Hearing -11%, GN +29% organic growth and EBITA at DKK 795 million

During Q3 2020, GN was affected in two ways by COVID-19: (i) GN Audio experienced strong demand as enterprises continued to invest in employees working from home, and (ii) GN Hearing experienced emerging recovery with continued impact from local restrictionsLeverage of 2.2 times net interest-bearing debt to EBITDAOperating in both the hearing aid and audio space, and with no forward integration, is beneficial for GN during these challenging times. GN delivered an EPS growth of 84% in Q3 2020 reaching DKK 4.78, including gain from legal settlements and litigation– – GN Store NordGN delivered strong 29% organic revenue growth in Q3 2020Free cash flow excl. M&A was DKK 612 million in Q3, reflecting the strong growthThe financial guidance for 2020, upgraded on October 9, 2020, is confirmed. Due to the COVID-19 situation,...

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2021 Financial Calendar of AS Coop Pank

AS Coop Pank has decided the company’s Financial Calendar for the 2021 financial year.In 2021 Coop Pank plans to disclose information and organize the general meeting of shareholders according to the following schedule:11.02.2021      Q4 2020 and unaudited full year results12.02.2021      January results11.03.2021      February results17.03.2021      Audited Annual Report for 202014.04.2021      General meeting of shareholders21.04.2021      Q1 interim results12.05.2021      April results11.06.2021      May results    21.07.2021      Q2 interim results11.08.2021      July results10.09.2021      August results20.10.2021      Q3 interim results11.11.2021      October results10.12.2021      November resultsCoop Pank, based on Estonian capital, is one of the five universal banks operating in Estonia. The number of clients using Coop Pank...

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Coop Pank AS 2021. aasta finantskalender

AS Coop Pank kinnitas ettevõtte 2021. majandusaasta finantskalendri.2021. aastal plaanib Coop Pank avalikustada informatsiooni ja korraldada üldkoosoleku järgnevatel aegadel:                     11.02.2021      2020 IV kvartali ja 2020. aasta auditeerimata tulemused12.02.2021      Jaanuari tulemused11.03.2021      Veebruari tulemused17.03.2021      2020. aasta auditeeritud aastaaruanne14.04.2021      Aktsionäride üldkoosolek21.04.2021      I kvartali vahearuanne12.05.2021      Aprilli tulemused11.06.2021      Mai tulemused           21.07.2021      II kvartali vahearuanne11.08.2021      Juuli tulemused10.09.2021      Augusti tulemused20.10.2021      III kvartali vahearuanne11.11.2021      Oktoobri tulemused10.12.2021      Novembri tulemusedEesti kapitalil põhinev Coop Pank on üks viiest Eestis tegutsevast universaalpangast. Pangal on...

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Belships ASA – Report 3rd quarter 2020

MARKET REBOUND – POSITIONING FOR 2021HIGHLIGHTSOperating income of USD 43.3 million (Q3 2019: USD 31.7m)EBITDA of USD 5.9m (USD 8.1m)Net result of USD -4.2m (USD 0.3m)Net TCE per ship of USD 9 067 per day versus BSI index of USD 9 435 net per day75 per cent of remaining ship days in 2020 are booked at USD 9 000 net per dayAll financing secured till May 2024 onwards after refinancing of SOFIE VICTORYImabari newbuilding delivery amended from Q4 2020 to Q1 2021Belships regarded as leading within corporate governance by Danske Bank and on course for delivering emission cuts in line with industry ambitions for 2030Commercial platform expanded – Lighthouse NavigationModern fleet of 23 vessels with an average age of 5 years including newbuildingsFleet statusTime charter earnings per ship in the quarter were recorded at USD 9 067 net per...

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Lerøy Seafood Group ASA: Q3 2020 Results

RESULTS THIRD QUARTER AND YEAR TO DATE 2020In Q3 2020, Lerøy Seafood Group (LSG) reported revenue of NOK 4,773 million, compared with NOK 5,102 million in the same period in 2019. Operating profit before fair value adjustment related to biological assets was NOK 370 million in Q3 2020, compared with NOK 501 million in Q3 2019. The most significant factor behind the lower earnings is the challenges on the whitefish market resulting from the COVID-19 pandemic, and the change in catch composition compared with Q3 2019.The Group reports revenue of NOK 14,790 million for the first three quarters of 2020, compared with NOK 15,188 million in the same period of 2019. Operating profit before fair value adjustment related to biological assets for the first three quarters of 2020 was NOK 1,508 million, compared with NOK 1,965 million for the same...

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Lerøy Seafood Group ASA: Resultater tredje kvartal 2020

RESULTATER TREDJE KVARTAL OG PER TREDJE KVARTAL 2020Lerøy Seafood Group (LSG) oppnådde en omsetning på MNOK 4.773 i tredje kvartal 2020, sammenlignet med MNOK 5.102 i samme periode i 2019. Driftsresultat før verdijusteringer knyttet til biologiske eiendeler ble MNOK 370 i tredje kvartal 2020, sammenlignet med MNOK 501 i tredje kvartal 2019. Den viktigste årsaken til lavere inntjening er at segmentet Hvitfisk, som følge av Covid-19, har erfart et vanskelig hvitfiskmarked, og en annen fangstsammensetning enn samme kvartal i fjor.Per tredje kvartal 2020 rapporterer konsernet en omsetning på MNOK 14.790, sammenlignet med MNOK 15.188 i tilsvarende periode i fjor. Driftsresultatet før verdijusteringer knyttet til biologiske eiendeler per tredje kvartal 2020 var MNOK 1.508, sammenlignet med MNOK 1.965 i samme periode i fjor. Resultat før skatt...

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Quest Resource Holding Corporation to Present Virtually and Host 1×1 Investor Meetings at the 12th Annual Southwest IDEAS Investor Conference on November 19th

THE COLONY, Texas, Nov. 11, 2020 (GLOBE NEWSWIRE) — Quest Resource Holding Corporation (Nasdaq: QRHC) (“Quest”), a national leader in environmental waste and recycling services, today announced Ray Hatch, Chief Executive Officer and Laurie Latham, Chief Financial Officer will participate in the virtual Southwest IDEAS Investor Conference on November 19, 2020. Quest’s presentation will be webcast and is scheduled to be available at 7:00 am CST on November 18th. The presentation can be accessed through the Southwest IDEAS conference portal for registered participants, in the investor relations section of the Company’s website, and on the IDEAS conference website: www.IDEASconferences.com.About IDEAS Investor ConferencesThe mission of the IDEAS Conferences is to provide independent regional venues for quality companies to present...

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Nevada Copper Provides Operations Update and Announces Filing of Q3 2020 Financial Statements

YERINGTON, Nev., Nov. 10, 2020 (GLOBE NEWSWIRE) — Nevada Copper Corp. (TSX: NCU) (“Nevada Copper” or the “Company’’) is pleased to provide an operations update and announces the filing of its Q3 2020 Financial Statements.Q3 2020 HighlightsOperationsDuring Q3 2020, the Company made notable progress in its previously announced accelerated development plan, re-mobilized its workforce and re-started the processing plant at its underground project (the “Underground Project”) on August 20, 2020. Milestones for the quarter include:Mill Restart – On August 20, 2020, the Company restarted its processing plant at the Underground Project following the temporary suspension of copper production due to impacts of the COVID-19 pandemic. During the quarter, the processing plant continued to improve on its performance achieving single day...

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Questerre reports third quarter 2020 results

THIS NEWS RELEASE IS NOT FOR DISSEMINATION OR DISTRIBUTION IN THE UNITED STATES OF AMERICA TO UNITED STATES NEWSWIRE SERVICES OR UNITED STATES PERSONSCALGARY, Alberta, Nov. 10, 2020 (GLOBE NEWSWIRE) — Questerre Energy Corporation (“Questerre” or the “Company”) (TSX,OSE:QEC) reported today on its financial and operating results for the third quarter ended September 30, 2020.Michael Binnion, President and Chief Executive Officer, commented, “With our credit facility renewed in the quarter, we turned our attention to planning for the future. While global demand for oil and gas has rebounded strongly, it is still below pre-COVID-19 levels. In addition, restrictions related to the pandemic are being re-instituted in some places and lifted slower than anticipated in others. As a result, a full recovery in prices will likely be delayed....

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