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Month: February 2021

Brookfield Renewable Announces Record Results and 5% Distribution Increase

All amounts in U.S. dollars unless otherwise indicatedBROOKFIELD, News, Feb. 04, 2021 (GLOBE NEWSWIRE) — Brookfield Renewable Partners L.P. (TSX: BEP.UN; NYSE: BEP) (“Brookfield Renewable” or “BEP“) today reported financial results for the three and twelve months ended December 31, 2020.“2020 was another year of significant growth for our business. Despite the economic challenges around the world, we delivered record results and continued to broaden our operations, as we look forward to a multi-decade opportunity to advance decarbonization and assist with the transition of global electricity grids to a more sustainable future,” said Connor Teskey, CEO of Brookfield Renewable. “Our size, scale across multiple technologies, and depth of operating and development expertise continues to be a meaningful differentiator in...

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Liquidity Services Announces First Quarter Fiscal Year 2021 Financial Results

GMV of $190.4 million — GAAP Revenue of $55.8 million — GAAP Net Income of $4.5 millionNon-GAAP Adjusted EBITDA of $8.8 millionContinued adoption and use of Liquidity Services’ safe and effective e-commerce marketplace platform drives 28% year-over-year growth in consolidated GMVYear-over-year increase in GAAP Net Income of $9.7 million and Non-GAAP Adjusted EBITDA of $10.9 millionBETHESDA, Md., Feb. 04, 2021 (GLOBE NEWSWIRE) — Liquidity Services (NASDAQ: LQDT; www.liquidityservices.com), the world’s largest B2B e-commerce marketplace for business and government surplus, today announced financial results for the first quarter fiscal year 2021 ended December 31, 2020. The Company’s Q1-FY21 performance reflected continued customer adoption of our safe and effective e-commerce solutions across all business segments...

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Glatfelter Reports Fourth Quarter and Full Year 2020 Results

~ Strong financial performance in the midst of the pandemic ~~ Progressing transformation with recent announcement to acquire Georgia-Pacific’s U.S. nonwovens business ~CHARLOTTE, N.C., Feb. 04, 2021 (GLOBE NEWSWIRE) — Glatfelter Corporation (NYSE: GLT), a leading global supplier of engineered materials, today reported its results for the fourth quarter of 2020, which are summarized in the following table:On an adjusted basis, earnings from continuing operations for the three months ended December 31, 2020 and 2019, were $9.6 million, or $0.22 per share, compared with $7.7 million, or $0.17 per share, respectively. Adjusted earnings is a non-GAAP financial measure for which a reconciliation to the nearest GAAP-based measure is provided within this release. Consolidated net sales for the three months ended December 31, 2020 totaled...

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SmileDirectClub, Inc. Announces Proposed Convertible Senior Notes Offering

NASHVILLE, Tenn., Feb. 04, 2021 (GLOBE NEWSWIRE) — SmileDirectClub, Inc. (“SmileDirectClub”) (NASDAQ: SDC) today announced its intention to offer, subject to market and other conditions, $350,000,000 aggregate principal amount of convertible senior notes due 2026 (the “notes”) in a private offering that is exempt from the registration requirements of the Securities Act of 1933, as amended (the “Securities Act”) to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act. SmileDirectClub also expects to grant the initial purchasers of the notes an option to purchase, for settlement within a period of 13 days from, and including, the date notes are first issued, up to an additional $52,500,000 principal amount of notes.The notes will be senior, unsecured obligations of SmileDirectClub,...

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Cargotec’s financial statements review 2020: Good performance in an exceptional year

CARGOTEC CORPORATION, FINANCIAL STATEMENTS REVIEW 2020, 4 FEBRUARY 2021 AT 1.30 PM EETCargotec’s financial statements review 2020: Good performance in an exceptional yearPositive trend continued since MayService business remained resilient, sales decreased by 5 percentShare of eco portfolio sales increased to 24 percentCargotec’s extraordinary general meeting approved merger with Konecranes. The implementation of the merger is subject to obtaining the necessary approvals from the competition authorities.The figures in this financial statements review are based on Cargotec Corporation’s audited 2020financial statements.October–December 2020 in brief: Orders received at the previous year’s levelOrders received remained at comparison period’s level and totalled EUR 963 (962) million.Order book amounted to EUR 1,824 (31 Dec 2019: 2,089) million...

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Cargotecin tilinpäätöstiedote 2020: Hyvä suoritus poikkeuksellisena vuonna

CARGOTEC OYJ, TILINPÄÄTÖSTIEDOTE 2020, 4.2.2021 KLO 13.30Cargotecin tilinpäätöstiedote 2020: Hyvä suoritus poikkeuksellisena vuonnaPositiivinen kehitys jatkui toukokuusta astiHuoltoliiketoiminta säilyi vakaana, liikevaihto laski 5 prosenttiaEkoratkaisujen tuoteryhmän osuus liikevaihdosta kasvoi 24 prosenttiinCargotecin ylimääräinen yhtiökokous hyväksyi sulautumisen Konecranesin kanssa. Sulautumisen lopullinen toteutuminen edellyttää kilpailuviranomaisten hyväksyntää.Tässä tilinpäätöstiedotteessa esitetyt luvut perustuvat Cargotec Oyj:n tilintarkastettuuntilinpäätökseen 2020.Loka–joulukuu 2020 lyhyesti: Saadut tilaukset edellisvuoden tasollaSaadut tilaukset säilyivät vertailukauden tasolla ja olivat 963 (962) miljoonaa euroa.Tilauskanta kauden lopussa oli 1 824 (31.12.2019: 2 089) miljoonaa euroa.Liikevaihto laski 14 prosenttia ja oli...

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Savaria Enters into an Irrevocable Undertaking with Nordic Capital Relating to its 62.9% Ownership Stake in Handicare

THIS ANNOUNCEMENT IS FOR INFORMATION ONLY AND IT IS NOT AN OFFER TO BUY OR SOLICITATION OF OFFERS TO BUY ANY SECURITIES. INFORMATION REGARDING THE OFFER TO THE SHAREHOLDERS OF HANDICARE GROUP AB AS ANNOUNCED IN A SEPARATE PRESS RELEASE IS AVAILABLE ONLY TO SHAREHOLDERS IN CERTAIN PERMITTED JURISDICTIONS.LAVAL, Quebec, Feb. 04, 2021 (GLOBE NEWSWIRE) — Savaria Corporation (TSX:SIS) (“Savaria” or the “Corporation”), a global leader in the accessibility industry, is pleased to announce that further to its press release of January 27, 2021, it has entered, through a wholly-owned subsidiary Savaria (Sweden) AB, into an agreement (the “Irrevocable Undertaking”) with Cidron Liberty Systems S.à r.l.1 (“Nordic Capital”), the largest shareholder of Handicare Group AB (“Handicare”) controlling 62.9% of Handicare’s shares, whereby Nordic Capital...

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Savaria conclut un engagement irrévocable avec Nordic Capital concernant sa participation de 62,9 % dans Handicare

CETTE ANNONCE EST UNIQUEMENT POUR INFORMATION ET N’EST PAS UNE OFFRE D’ACHAT NI UNE SOLLICITATION D’OFFRES D’ACHAT DE TITRES. LES INFORMATIONS RELATIVES À L’OFFRE AUX ACTIONNAIRES DE HANDICARE GROUP AB, TEL QU’ANNONCÉ DANS UN COMMUNIQUÉ DE PRESSE SÉPARÉ, SONT DISPONIBLES UNIQUEMENT AUX ACTIONNAIRES DANS CERTAINES JURIDICTIONS AUTORISÉES.LAVAL, Québec, 04 févr. 2021 (GLOBE NEWSWIRE) — Savaria Corporation (TSX: SIS) (« Savaria » ou la « Société »), un des chefs de file mondiaux de l’industrie de l’accessibilité, est heureuse d’annoncer que suite à son communiqué de presse du 27 janvier 2021, elle a conclu, par l’intermédiaire d’une filiale en propriété exclusive Savaria (Suède) AB, un accord (l’« engagement irrévocable ») avec Cidron Liberty Systems S.à r.l.1 (« Nordic Capital »), le...

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DMC Global Schedules Fourth Quarter Earnings Release and Conference Call

BROOMFIELD, Colo., Feb. 04, 2021 (GLOBE NEWSWIRE) —DMC Global Inc. (Nasdaq: BOOM) will announce its 2020 fourth quarter financial results after the stock market closes on Thursday, February 18, 2021.  Following the earnings release, executive management will host a conference call and simultaneous webcast.The conference call will begin at 5 p.m. Eastern (3 p.m. Mountain) and will be accessible by dialing 888-506-0062 (973-528-0011 for international callers) and entering the code 482102. A telephonic replay will be available through February 25, 2021, by calling 877-481-4010 (919-882-2331 for international callers) and entering the Conference ID #39911.Investors are invited to listen to the webcast live via the Internet at:https://www.webcaster4.com/Webcast/Page/2204/39911The webcast also will be available on the Investor page of...

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Ascot Submits the Premier Permit Amendment Application

VANCOUVER, British Columbia, Feb. 04, 2021 (GLOBE NEWSWIRE) — Ascot Resources Ltd (TSX: AOT; OTCQX: AOTVF) (“Ascot” or the “Company”) is pleased to announce the Company has submitted the Joint Mines Act/ Environmental Management Act Permit Application (“Joint MA/EMA Application”) to amend Mines Act Permit M-179 and Environmental Management Act Permit PE-8044 for regulatory screening and then review.Derek White, President and CEO of Ascot stated, “This submission is the result of a coordinated work program and process that began in 2018. We worked closely with the Nisga’a Nation via regular meetings regarding the process and inputs required for this comprehensive Joint MA/EMA Application. I would like to thank everyone for all their efforts in completing this significant milestone for the Company and we will continue to update all...

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