Month: May 2021

Sales for Q1 2021: €104.4m, down 1% from Q1 2020 Net margin for Q1 2021: €10.9m, up €1.2m from Q1 2020 Normalised profit before tax in Q1 2021: €3.7m, up €0.8m from Q1 2020 Net profit for Q1 2021: €2.7m compared to €1.9m in Q1 2020 Basic earning per share (EPS) for Q1 2021 were €0.1017 cents per thousand shares compared to €0.0722 cents per thousand shares for Q1 2020 Balance sheet reflecting seasonally high inventories in S-Europe and increased receivables due to strong sales in March. Total assets of €261.5m at end of March LOI signed to acquire a 80% stake in Ahumados Dominguez in Spain Normalised PBT Outlook range of €12.0-17.0m for 2021, based on a scenario that sales and profitability will resume to normal conditions in second half of 2021Encouraging outcome of Q1 with normalised PBT of €3.7m compared to €2.9m in Q1 2020. Group...

West Palm Beach, FL, May 17, 2021 (GLOBE NEWSWIRE) — via NewMediaWire — Ethema Health Corporation (OTCPINK: GRST) (“Ethema” “GRST” or the “Company”) is pleased to announce that the Company has made a substantial change to its debt position.  The details have been released in an 8-K filed today with the SEC.  At the end of April, payments on one of the Company’s convertible notes were due in addition to the expiration of the rights of repayment on several of the other convertible notes owed by the Company.  As part of the Company’s focus on dealing with its debt announced on April 28, 2021, the Company closed on a one-year convertible note in the face amount of $550,000.00 including an OID of 10% and a fixed conversion price of $0.005 per share.  The Company used the proceeds of the loan to repay three of its lenders notes...

Today, Iceland Seafood signed a Letter of Intent (“LOI”) with the shareholders of Ahumados Dominguez (ADSA, the Company) to acquire 80% of the share capital of the company.  The remaining 20% will be held by Pedro Mestanza, the Managing Director of the business, who will continue to lead the company post acquisition.  The Company’s sales in 2020 were €19.3m, EBITDA  €1.7m and PBT of €1.2m.  Ahumados Dominguez is a retail-oriented company with a strong brand and consumer recognition in the smoked salmon sector in Spain.  The Ahumados Dominguez brand is known for its premium quality.  The proposed acquisition will strengthen Iceland Seafood’s proposition in the Spanish retail market, as well as creating opportunities to utilize the platform Ahumados Dominguez has for selling high quality cod products from Iceland.  With the acquisition,...

Global Bioenergies: production scale-up Successful first full-scale fermenter run: 180 m3 Transfer of main units from the Leuna demo plant to the Pomacle facility Launch of value chain as of 2022 Paris, 17 May 2021 – Global Bioenergies has taken a major step towards scaling up its isobutene bio-production process and is setting up a new supply chain to sell high value-added ingredients to cosmetics sector players from 2022. Global Bioenergies recently announced the upcoming launch of its very own cosmetics brand called LAST®, the key ingredient of which is renewable isododecane. For the first time, renewable isododecane makes it possible to combine a high level of naturalness with longwear, waterproof and transfer-resistant performances. Marc Delcourt, co-founder and CEO of Global Bioenergies, explained: “We will provide clear evidence...

Kenmare Resources plc (“Kenmare” or “the Company”) 17 May 2021 Report on payments to governments 2020 Introduction This report details payments to governments made by Kenmare Resources plc (the “Company”) and its subsidiary undertakings (the “Group”) for the financial year ended 31 December 2020. This report has been prepared in accordance with the requirements of Part 2A of the Transparency (Directive 2004/109/EC) Regulations, 2007 (as amended) (“Part 2A”), Part 26 of the Companies Act 2014 (“Part 26”) and rule DTR 4.3A of the UK Financial Conduct Authority’s Disclosure Guidance and Transparency Rules (“DTR 4.3A”). Part 2A and Part 26 enact in Ireland domestic rules in line with Directive 2013/34/EU (the “EU Accounting Directive (2013)) and apply to large Irish incorporated companies, like the Company, that are involved in the exploration,...

ST. LOUIS, May 17, 2021 (GLOBE NEWSWIRE) — Aegion Corporation, a leading provider of infrastructure maintenance, rehabilitation and protection solutions, today announced the successful completion of the previously announced transaction under which affiliates of New Mountain Capital, L.L.C. (“New Mountain”) acquired all outstanding shares of Aegion for $30.00 per share in cash. As a result of the transaction, Aegion has become a private company and its common stock will no longer be listed for trading on the Nasdaq stock market. Robert (Rob) M. Tullman has been appointed President and Chief Executive Officer of Aegion Corporation, effective May 18, 2021, following the planned retirement of outgoing President and Chief Executive Officer Charles R. Gordon. Mr. Tullman commented, “The completion of this transaction represents the exciting...

Decision not to review Federal Circuit July 2020 ruling continues to prevent Sandoz launch of more affordable Erelzi treatment option for US patientsSandoz is disappointed US patients affected by chronic autoimmune and inflammatory disease have to wait until 2029 for availability of biosimilar ErelziSandoz remains committed to pioneering access for patients and contributing to more sustainable healthcare by launching biosimilar and generic medicinesBasel, Switzerland, May 17, 2021 – Sandoz, a global leader in biosimilar and generic medicines, today announced that the US Supreme Court has denied its petition to review the Federal Circuit’s July 2020 decision concerning the Sandoz biosimilar Erelzi® (etanercept-szzs) for reference medicine Enbrel®* (etanercept). The Federal Circuit previously ruled against Sandoz in a divided decision...

THE WOODLANDS, Texas, May 17, 2021 (GLOBE NEWSWIRE) — LGI Homes, Inc. (NASDAQ: LGIH) today announced that the Company will be presenting at the 14th Annual J.P. Morgan Homebuilding & Building Products Conference to be held virtually on May 19, 2021 at 9:45 AM Eastern Daylight Time (EDT). A link to the live webcast will be provided through the Investors section of the Company’s website at www.lgihomes.com under Events and Presentations as well as directly at https://jpmorgan.metameetings.net/events/homebuilding21/sessions/38021-lgi-homes-inc/webcast?gpu_only=true&kiosk=true Participants are encouraged to access the webcast event page at least ten minutes before the live event for the audio link and any accompanying materials. About LGI Homes, Inc. Headquartered in The Woodlands, Texas, LGI Homes, Inc. engages in the design,...

TORONTO and HERZLIYA, Israel, May 17, 2021 (GLOBE NEWSWIRE) — InterCure Ltd. (TSX: INCR:U, TASE: INCR)(dba Canndoc)(“Intercure” or the the “Company”) today reported financial results for the first quarter of 2021. All amounts are expressed in New Israeli Shekels (NIS), unless otherwise noted. First Quarter 2021 Financial HighlightsRecord revenue of NIS 33.1 million (CAD 12.2 million), 8 times greater than Q1 2020 and an increase of more than 22% compared to Q4 2020; EBITDA for the first quarter was NIS 9.5 million (CAD 3.5 million), and NIS 10.1million(CAD 3.7 million) for the cannabis sector. This represents an annual run rate of over NIS 40 million (CAD 15 million), a significant increase year over year, driven by revenue growth, improvement in gross profit and operating profit; Positive cash flow from operations...