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Month: February 2021

Financial Results for the Third Quarter of Fiscal 2021 Ended December 31, 2020

Revenues at $3.763 billion, down 3.3%Adjusted EBITDA at $431.1 million, up 3.4%Net earnings at $209.8 million, up 6.1%Adjusted net earnings excluding amortization of intangible assetsrelated to business acquisitions at $227.8 million, down 0.6%MONTRÉAL, Feb. 04, 2021 (GLOBE NEWSWIRE) — Saputo Inc. (TSX: SAP) (Saputo or the Company) reported today its financial results for the third quarter of fiscal 2021, which ended on December 31, 2020. All amounts in this news release are in Canadian dollars (CDN), unless otherwise indicated, and are presented according to International Financial Reporting Standards (IFRS).Revenues amounted to $3.763 billion, a decrease of $127.9 million or 3.3%.Adjusted EBITDA* amounted to $431.1 million, an increase of $14.1 million or 3.4%.Net earnings totalled $209.8 million and EPS** (basic and diluted)...

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Résultats financiers du troisième trimestre de l’exercice 2021 clos le 31 décembre 2020

Produits de 3,763 milliards de dollars, en baisse de 3,3 %BAIIA ajusté de 431,1 millions de dollars, en hausse de 3,4 %Bénéfice net de 209,8 millions de dollars, en hausse de 6,1 %Bénéfice net ajusté excluant l’amortissement des immobilisations incorporellesliées aux acquisitions d’entreprises de 227,8 millions de dollars, en baisse de 0,6 %MONTRÉAL, 04 févr. 2021 (GLOBE NEWSWIRE) — Saputo inc. (TSX: SAP) (Saputo ou la Société) a divulgué aujourd’hui ses résultats financiers pour le troisième trimestre de l’exercice financier 2021, clos le 31 décembre 2020. À moins d’avis contraire, tous les montants inclus dans ce communiqué de presse sont exprimés en dollars canadiens (CAD) et sont présentés conformément aux Normes internationales d’information financière (IFRS).Les produits ont totalisé 3,763 milliards de dollars, en baisse de...

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Financial Results for the Third Quarter of Fiscal 2021 Ended December 31, 2020

Revenues at $3.763 billion, down 3.3%Adjusted EBITDA at $431.1 million, up 3.4%Net earnings at $209.8 million, up 6.1%Adjusted net earnings excluding amortization of intangible assetsrelated to business acquisitions at $227.8 million, down 0.6%MONTRÉAL, Feb. 04, 2021 (GLOBE NEWSWIRE) — Saputo Inc. (TSX: SAP) (Saputo or the Company) reported today its financial results for the third quarter of fiscal 2021, which ended on December 31, 2020. All amounts in this news release are in Canadian dollars (CDN), unless otherwise indicated, and are presented according to International Financial Reporting Standards (IFRS).Revenues amounted to $3.763 billion, a decrease of $127.9 million or 3.3%.Adjusted EBITDA* amounted to $431.1 million, an increase of $14.1 million or 3.4%.Net earnings totalled $209.8 million and EPS** (basic and diluted)...

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Visteon and ECARX to Develop Intelligent Cockpits for Global Automotive Industry Using Qualcomm Solutions

Technology development enhances Visteon’s support to commercialize cockpit connectivity solutions for multiple global applications beginning in 2021First application of new infotainment ecosystem is for ECARX Asia Pacific regionVisteon’s industry-leading SmartCore™ cockpit controller based on the 3rd Generation Qualcomm® Snapdragon™ Automotive Cockpit PlatformsVAN BUREN TOWNSHIP, Mich., Feb. 04, 2021 (GLOBE NEWSWIRE) — Visteon Corporation (Nasdaq: VC), ECARX and Qualcomm Technologies, Inc. today announced an initiative to develop intelligent cockpit solutions across conventional and electric vehicle applications. Visteon and ECARX, using Qualcomm® Snapdragon™ Automotive Cockpit Platforms, are working together to develop these intelligent technologies and sharing research to commercialize an integrated cockpit project for a variety...

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PRA Health Sciences to Report Fourth Quarter and Full Year 2020 Earnings

RALEIGH, N.C., Feb. 04, 2021 (GLOBE NEWSWIRE) — PRA Health Sciences, Inc. (NASDAQ: PRAH) will release its fourth quarter and full year 2020 results after the market closes on Thursday, February 25, 2021. The Company will also host a conference call on Friday, February 26, 2021 at 9:00 a.m. (ET) to discuss the results with members of the investment community.To participate via telephone, investors and analysts should dial (877) 930-8062 within the United States or (253) 336-7647 outside the United States approximately 10 minutes prior to the call start time. The conference ID for the call is 1139426. An audio replay of the call will be available for one week following the call and can be accessed by dialing (855) 859-2056 within the United States or (404) 537-3406 outside the United States. The replay ID is 1139426.A live audio broadcast...

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Cove Capital Acquires Fresenius Medical Care Dialysis Facility in New Orleans

LOS ANGELES, Feb. 04, 2021 (GLOBE NEWSWIRE) — Cove Capital Investments, LLC (“Cove Capital”) and its affiliates are pleased to announce the acquisition of the Fresenius Medical Care dialysis facility located at 704 Belle Terre Blvd., LaPlace, Louisiana 70068 (the “Property”). The Property was acquired on December 31, 2020.The Property is a net-leased asset held in one of Cove Capital’s popular Delaware Statutory Trusts (“DSTs”), which offers investors seeking to potentially mitigate risk, the opportunity to easily invest and participate in 1031 exchange passive DST investments. Specifically, the Property constitutes the single asset in Cove Capital’s latest medical net-lease investment offering: Cove LaPlace Dialysis 26 DST, a regulation D, Rule 506c private placement.As Cove Capital continues to grow, the company remains unrelenting...

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Nouvelle étape de la restructuration financière de Vallourec : entrée en sauvegarde

Nouvelle étape de la restructuration financière de Vallourec : entrée en sauvegardeBoulogne-Billancourt (France), le 4 février 2021 – Vallourec annonce l’ouverture ce jour d’une procédure de sauvegarde par le Tribunal de commerce de Nanterre, assortie d’une période d’observation fixée à six mois maximum. L’ouverture de cette procédure a notamment pour objectif de permettre la mise en œuvre de l’accord de principe trouvé par Vallourec avec ses principaux créanciers, en vue de parvenir à une structure financière rééquilibrée, en réduisant son endettement et en sécurisant les liquidités nécessaires pour lui permettre de déployer son plan stratégique dans un environnement de marché volatile. Les conditions et modalités de mise en œuvre de cet accord de principe sont décrites dans le communiqué du 3 février 2021. Cette procédure est limitée...

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