Day: February 9, 2021
Strong Organic Growth Supported by Robust Restoration ActivityOperating highlights:TORONTO, Feb. 09, 2021 (GLOBE NEWSWIRE) — FirstService Corporation (TSX: FSV; NASDAQ: FSV) today announced very strong fourth quarter and full year results for the year ended December 31, 2020. All amounts are in US dollars.Revenues for the fourth quarter were $775.1 million, a 15% increase relative to the same quarter in the prior year. Adjusted EBITDA (note 1) was $79.9 million, up 25%, and Adjusted EPS (note 2) was $1.02, up 55% from the prior year quarter. GAAP Operating Earnings were $49.4 million, relative to $31.4 million in the prior year period. GAAP diluted EPS was $0.50 per share in the quarter, compared to $0.13 for the same quarter a year ago.For the year ended December 31, 2020, revenues were $2.77 billion, a 15% increase relative to...
CTS Announces Fourth Quarter and Full Year 2020 Results
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LISLE, Ill., Feb. 09, 2021 (GLOBE NEWSWIRE) — CTS Corporation (NYSE: CTS) today announced fourth quarter and full year 2020 results.Fourth Quarter 2020 ResultsSales were $123 million, up 7% year-over-year. Sales to transportation customers increased 12%, and sales to other end markets were essentially flat.Net earnings were $14.9 million or $0.46 per diluted share versus $10.1 million or $0.31 last year.Adjusted diluted EPS was $0.43, up 16% from $0.37 in the fourth quarter of 2019.Free cash flow was $22.0 million, up 28% from $17.2 million in 2019.New business wins were $104 million.Full Year 2020 ResultsSales were $424 million, down 10% compared to 2019. Sales to transportation customers declined 19%, and sales to other end markets increased 7%.Net earnings were $34.7 million or $1.06 per diluted share versus $36.1 million or...
Year-End Report 2020; January 1–December 31, 2020
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Net asset value on December 31, 2020, was SEK 121.2 billion, or SEK 279 per share, an increase during the year of SEK 20 per share. Including reinvested dividend, net asset value increased by 8%. On February 8, 2021, net asset value was SEK 297 per share.The total return for 2020 was 18% for the Class A and the Class C shares, compared with 15% for the Stockholm Stock Exchange’s total return index (SIXRX).Earnings per share during 2020 were SEK 19.39.During 2020, shares were purchased in Volvo A for SEK 2.1 billion, in Essity B for SEK 0.9 billion, in Handelsbanken A for SEK 0.6 billion, in SCA B for SEK 0.4 billion and in Sandvik for SEK 0.3 billion. Furthermore, shares were divested in, Essity A for SEK 0.2 billion.The debt-equities ratio as per December 31, 2020, was 6%.Due to the prevailing uncertainty caused by the COVID-19-pandemic...
Bokslutsrapport 2020; 1 januari – 31 december 2020
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Substansvärdet den 31 december 2020 var 121,2 mdkr, eller 279 kr per aktie, en ökning under året med 20 kr per aktie. Inklusive återinvesterad utdelning ökade substansvärdet med 8 %. Den 8 februari 2021 uppgick substansvärdet till 297 kr per aktie.Totalavkastningen uppgick under 2020 till 18 % för A- och C-aktien, jämfört med 15 % för Stockholmsbörsens totalavkastningsindex (SIXRX).Resultat per aktie uppgick under 2020 till 19,39 kr.Under 2020 förvärvades aktier för 2,1 mdkr i Volvo A, 0,9 mdkr i Essity B, 0,6 mdkr i Handelsbanken A, 0,4 mdkr i SCA B och 0,3 mdkr i Sandvik. Vidare avyttrades aktier för 0,2 mdkr i Essity A.Skuldsättningsgraden den 31 december 2020 var 6 %.Med anledning av den rådande osäkerheten till följd av Covid-19-pandemin, beslutade årsstämman 2020 att inte lämna någon utdelning för 2019, i enlighet med styrelsens...
AB “Novaturas” resumes flights from Lithuania to Egypt at the end of February
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The leading tour operator in the Baltic States “Novaturas” from the 20th of February resumes flights from Lithuania to Egyptian resorts. Flights to the United Arab Emirates and the Maldives are also included to the February-March holiday destinations program.“Egypt has always been the most popular holiday destination during the winter season. The first plane from Vilnius airport will take off to Egypt on the 20th of February. We have planned two flights per week program to the resorts of Hurghada and Sharm el Sheikh. People from Poland and other European countries have been flying to Egyptian resorts for some time now and “Novatours” travelers from Estonia will be able to enjoy sunny holidays in Egypt from the 13th of February. The Egyptian government is committed to providing medical care if travelers get infected with the virus during...
AB „Novaturas“ atnaujina skrydžius iš Lietuvos į Egiptą nuo vasario pabaigos
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Organizuotų kelionių lyderis Baltijos šalyse „Novaturas“ nuo š. m. vasario mėnesio 20 dienos atnaujina skrydžius iš Lietuvos į Egipto kurortus. Taip pat vasario – kovo mėnesių atostogų krypčių programą papildo skrydžiai į Jungtinių Arabų Emyratus bei Maldyvus.„Egiptas visada buvo populiariausia atostogų kryptis žiemos sezonu. Pirmasis lėktuvas iš Vilniaus oro uosto kils į Egiptą vasario 20 dieną. Esame suplanavę dviejų skrydžių per savaitę programą į Hurgados ir Šarm aš Šeicho kurortus. Į Egipto kurortus jau kuris laikas leidžiasi lėktuvai iš kaimyninės Lenkijos ir kitų Europos šalių, „Novaturo“ klientai iš Estijos jau nuo vasario mėn. 13 d. galės mėgautis saulėtomis atostogomis Egipto kurortuose. Egipto vyriausybė yra įsipareigojusi užtikrinti medicininę priežiūrą, jei atostogų metu keliautojai susirgtų virusu, viešbučiai laikosi griežtų...
VSBLTY & ABILITY ENTERPRISE CO. ANNOUNCE SOLUTION TO RUN DIRECTLY ON STATE-OF-THE-ART, AI-ENABLED CAMERA
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Philadelphia, PA, Feb. 09, 2021 (GLOBE NEWSWIRE) — VSBLTY Groupe Technologies Corp. (CSE:VSBY) (Frankfurt 5VS) (OTC: VSBGF) (“VSBLTY”), a leading provider of security and retail marketing technology, and Taiwan-based Ability Enterprise Co., Ltd. co-developed a first-of-its-kind high resolution camera with self-contained inference logic, it was announced today. Ability has been providing best-in-class ODM/OEM solutions for input digital imaging devices since its founding in 1965.The new Ability camera, which can be used in retail and “Smart City” applications, is the first to be developed and deployed that is able to integrate multiple Intel algorithms to run simultaneously directly on the edge. Production units are being integrated immediately into the RadarApp “Smart City” neighborhood program that is having continuing success in...
Emerging Markets Report: Something in the Air
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An Emerging Markets Sponsored CommentaryORLANDO, Fla., Feb. 09, 2021 (GLOBE NEWSWIRE) — In a recent article titled “An Electromagnetic Health Crisis” published in the venerable pages of Forbes, the author makes clear the risks of electromagnetic fields (EMF) and electro magnetic radiation (EMR) on the human condition. In the article, the author puts forth that ‘in a rapidly transforming digital age, with wireless routers, Wi-Fi and Bluetooth, 5G, the internet of things, radio and TV signals, mobile phones, and more, the applications and sources of EMF are proliferating. As a result, fears are amplifying about possible connections between EMF and adverse health effects on humans, other living beings, and the environment.”According to the report, exposure can lead to damage the DNA of any biological species and lead to cancer; cause oxidative...
Emerging Markets Report: $8.3 Billion Reasons
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ORLANDO, Fla., Feb. 09, 2021 (GLOBE NEWSWIRE) — Kisses From Italy, Inc. (OTCQB:KITL) When we discuss a U.S.-based restaurant chain operator, Franchisor, and product distributor of Italian foods, we usually focus on the Company’s popular products, how rapidly its online sales have grown, or their brick and mortar successes.That is with good reason, the Company saw its product sales explode and a local food magazine in Florida surprised the Kisses crew by naming them one of the Top Restaurant Companies in Florida.But along the way we believe we’ve missed something, something that could be a real revenue driver for years to come.The Company currently offers an array of gluten-free pasta products with flavors such as yellow corn, black bean, beetroot, red-lentil, or yellow-lentil as well as a gluten-free lasagna product line that comes...
COMPASS Pathways expands its Discovery Center through new collaborations with world-leading scientists
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COMPASS Pathways expands its Discovery Center through new collaborations with world-leading scientistsAdam Halberstadt and John McCorvy join Jason Wallach to develop new psychedelic compounds at the virtual Discovery CenterLondon, UK – 9 February 2021Jason Wallach PhD, who is leading the work at the Discovery Center, is a leading chemist and pharmacologist who studies a broad range of psychoactive compounds, including psychedelic and dissociative drugs. He said, “Psilocybin and other psychedelic compounds have shown promise for helping people suffering with mental health challenges, such as treatment-resistant depression. The Discovery Center is investigating whether similar compounds could have superior properties to psilocybin. We are looking for the next generation of compounds that might make a difference to patients. I’m honoured to...