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Month: February 2021

Polyphor to Present Full-Year 2020 Financial Results on March 5

ALLSCHWIL, Switzerland, Feb. 26, 2021 (GLOBE NEWSWIRE) — Polyphor AG (SIX: POLN) announced today that it will publish its full-year financial results for 2020 on March 5 at 7:30am CET.Gökhan Batur (CEO) and Hernan Levett (CFO) will host an earnings call at 2:00pm CET, together with Frank Weber (CMDO), Daniel Obrecht (CSO) and Johann Zimmermann (Head of Oncology Research). To access the earnings call, please use the following details:Switzerland: +41 44 580 65 22Germany: +49 69 201744 220France: +33 170 709 502Italy: +39 02 36 00 66 63United Kingdom: +44 203 009 2470United States: +1 877 423 0830Event Title: Polyphor Ltd. – Corporate Update and 2020 Financial ResultsConfirmation code: 86382921#The presentation will also be available via webcast: https://www.webcast-eqs.com/polyphor20210305After the call, the presentation will be...

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Revenus locatifs bruts 2020 de Galimmo SCA

Revenus locatifs bruts 2020 de Galimmo SCA(entité française du groupe Galimmo Real Estate)Revenus locatifs bruts 2020 : 35,5 M€Après prise en compte de l’impact de -6,0 M€ lié à la crise sanitaire et aux mesures d’accompagnement des locataires Activité locative soutenue en dépit du contexte et bonne avancée des projets de développement engagés136 baux signés en 2020, représentant un volume de loyers de 5,9 M€Poursuite des chantiers de transformation de Shop’in Pacé à proximité de Rennes et du centre commercial d’Ermont en Île-de-FranceParis, le 26 février 2021 – Galimmo SCA, foncière française cotée contrôlée par le groupe Galimmo Real Estate, spécialisée dans l’immobilier de commerce et la valorisation de centres commerciaux en France, annonce ce jour les revenus locatifs bruts de l’année 2020.CHIFFRES CLÉS AU 31 DECEMBRE 2020(Données...

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Baltika’s Unaudited Financial Results, Fourth Quarter and 12 Months of 2020

BALTIKA’S UNAUDITED FINANCIAL RESULTS, FOURTH QUARTER AND 12 MONTHS OF 2020Baltika Group ended the fourth quarter with a net loss of 1,352 thousand euros. The loss for the same period last year was 2,609 thousand euros. Despite the second wave of COVID-19, the quarter results have improved 1,257 thousand euros year over-year due to Baltika Group’s heavy focus on fixed costs reduction, which led to operating expense decreasing by 2,406 thousand euros. With one-offs: reserve for expense of closing stores in 2021 in the amount of 230 thousand euros and reduction of deferred tax assets reserve in the amount of 140 thousand euros, Baltika finished the year with a net loss of 377 thousand euros.The Group’s sales revenue for the fourth quarter was 3,978 thousand euros, decreasing by 61% compared to the same period last year. Retail...

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BALTIKA AUDITEERIMATA MAJANDUSTULEMUSED, NELJAS KVARTAL JA 12 KUUD 2020

Baltika Grupp lõpetas neljanda kvartali 1 352 tuhande euro suuruse puhaskahjumiga. Eelmise aasta sama perioodi kahjum oli 2 609 tuhat eurot. Vaatamata COVID-19 teisele lainele paranesid kvartali tulemused 1 257 tuhande euro võrra aastate võrdluses seoses Baltika Grupi tugeva fookusega püsikulude vähendamiseks, mille tulemusena vähenesid turustus- ja üldhalduskulud 2 406 tuhande euro võrra. Koos ühekordsete kuludega: 230 tuhande euro suuruse reservi moodustamisega 2021 suletavate poodide tarvis ja edasilükkunud tulumaksu reservi vähenemine 140 tuhande euro võrra, lõpetas Baltika aasta 377 tuhande euro suuruse puhaskahjumiga.Grupi neljanda kvartali müügitulu oli 3 978 tuhat eurot, vähenedes 61% võrreldes eelmise aasta sama perioodiga. Jaemüük vähenes neljandas kvartalis 63% ja kuigi e-poel oli üks bränd vähem, kasvas müük 9%. Peamine põhjus...

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GrandVision reports 2020 Revenue of €3,481 million and adjusted EBITA of €266 million

GrandVision reports 2020 Revenue of €3,481 million and adjusted EBITA of €266 millionSchiphol, the Netherlands – 26 February 2021. GrandVision NV (EURONEXT: GVNV) publishes Full Year and Fourth Quarter 2020 results. Full Year 2020 HighlightsRevenue decreased by 12.2% at constant exchange rates to €3,481 million (FY19: €4,039 million) with a comparable revenue decline of 14.1%E-commerce sales grew by 85% while retail brands e-commerce sales more than doubled compared to the prior yearAdjusted  EBITA (i.e. EBITA before non-recurring items) decreased by 43.1% at constant exchange rates to €266 million (FY19: €475 million)Adjusted EBITA margin fell 411bps to 7.7%. Strong commercial execution, structural improvements, and cost discipline were more than offset by limited operating leverage due to COVID-19 related temporary store network...

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IMCD N.V.’s Supervisory Board appoints new chair

ROTTERDAM, The Netherlands (26 February 2021) – IMCD N.V. (“IMCD” or “Company”), a leading distributor of speciality chemicals and ingredients, is pleased to announce that Janus Smalbraak has been appointed chair of the Supervisory Board as per today’s date. He takes over from Michel Plantevin, who is retiring from the Supervisory Board at the end of his current (fourth and final) term.Michel Plantevin was first appointed a member of the Supervisory Board in February 2011 and has acted as its chair since November 2016. From November 2016 until August 2020, he also was a member of the Remuneration Committee. He will remain on the Supervisory Board until the expiration of his current term, at the date of the upcoming 2021 Annual General Meeting.Mr. Plantevin: “In the decade that I have been a part of IMCD, the company has grown to become...

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VGP NV: a Transformative Year and a Significantly Stronger Platform Provides Foundation for a Good 2021

26 February 2021, 7:00am, Antwerp (Berchem), Belgium: VGP NV (‘VGP’ or ‘the Group’), a European provider of high-quality logistics and semi-industrial real estate, today announces the results for the financial year ended 31 December 2020: Record net profit of €370.9 million, an 80.4% YoY increaseStrong business growth across the portfolioSigned and renewed rental income of €45.2 million, bringing total signed rental income to € 185.2 million, a 19.5% YoY increaseA record 33 buildings with 869,000 m² under construction at year-endLand bank expanded to 7.65 million m² – a 23.2% YoY increaseA record 27 projects delivered with 531,000 m² of lettable area, representing €29.1 million of annualised committed leases (entire completed portfolio is 98.5% let)Limited impact Covid-19: nearly all due payments received on time and very limited reprofilingLaunched...

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Private Placement Markets adds Credit Life & Disability Insurance to its Mortgage Loan Programs

Steve Muehler, Founder and Senior Managing Member of Private Placement Markets, today announced that the Firm will begin including Credit Life & Disability Insurance products with its portfolio of Commercial & Residential Mortgage Loan products in March of 2021. Steve Muehler stated, “In the event of an unexpected death, disablement or inability to continue working, our Credit Life & Disability Insurance Plans will absolve or reduce a mortgage loan borrower’s remaining loan balance. The cost of the monthly premium is included in the mortgage loan borrower’s loan payments and should a claim be required, benefits are used to satisfy the loans to the financial institution. For parents with young children, this plan eliminates the question of what will happen to the remaining family members with their housing needs. If done...

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Twelve Seas Investment Company II Announces Pricing of Upsized $300,000,000 Initial Public Offering

Los Angeles, CA, Feb. 25, 2021 (GLOBE NEWSWIRE) — Twelve Seas Investment Company II (the “Company”) announced today that it priced its initial public offering of 30,000,000 units at $10.00 per unit. The units will be listed on the Nasdaq Capital Market (“Nasdaq”) and will begin trading tomorrow, Friday, February 26, 2021, under the ticker symbol “TWLVU”. Each unit consists of one share of the Company’s Class A common stock and one-third of one redeemable warrant, each whole warrant entitling the holder thereof to purchase one share of Class A common stock at a price of $11.50 per share. Only whole warrants are exercisable and will trade.  Once the securities comprising the units begin separate trading, shares of the Class A common stock and warrants are expected to be listed on Nasdaq under the symbols “TWLV” and “TWLVW,” respectively.The...

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