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Month: July 2021

Second quarter and first half 2021: Strong growth in project backlog and pipeline

Oslo, 23 July 2021: Scatec’s second quarter proportionate revenues was NOK 1,101 million (925) with EBITDA of NOK 601 million (417) and associated EBITDA margin of 55%. Power production more than doubled from the same quarter last year and totaled 860 GWh (406) with strong contributions from the new hydropower assets. The Group’s power production capacity increased by almost 1,500 MW compared to last year. Power Production revenues reached 969 million (458) and EBITDA 660 million (374). Development & Construction’s revenues and EBITDA decreased compared to the same period last year but will be ramping up again in second half of the year when new projects move into construction. “We are experiencing strong market development across all our technology segments with major projects in South Africa and India secured as backlog in the quarter. I...

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Signify reports second quarter sales of EUR 1.6 billion, operational profitability of 10.9% and a free cash flow of EUR 104 million

Press Release July 23, 2021 Signify reports second quarter sales of EUR 1.6 billion, operational profitability of 10.9% and a free cash flow of EUR 104 million Second quarter 20211Signify’s installed base of connected light points increased from 83 million in Q1 21 to 862 million in Q2 21 Sales of EUR 1,609 million; 9.6% nominal sales growth and CSG of 14.1% LED-based sales represented 82% of total sales (Q2 2020: 80%) Adj. EBITA margin improved by 190 bps to 10.9% Net income increased to EUR 82 million (Q2 20: EUR 81 million) Free cash flow of EUR 104 million (Q2 20: EUR 158 million) Net debt/EBITDA ratio of 1.7x (Q2 20: 2.4x)Eindhoven, the Netherlands – Signify (Euronext: LIGHT), the world leader in lighting, today announced the company’s second quarter 2021 results. “In the second quarter we saw an acceleration of the pace...

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Vortex Companies Acquires Germany-based Sewer Rehabilitation Contractor, Fleer-Tech GmbH

Latest acquisition adds momentum to the company’s recent reopening of its Vortex Europe operations HOUSTON, July 23, 2021 (GLOBE NEWSWIRE) — As part of its European expansion strategy, the Vortex Companies (“Vortex”), is proud to announce it has completed the acquisition of Fleer-Tech GmbH (Fleer-Tech), one of the leading German companies in the field of closed sewer rehabilitation. “We’ve been searching for the right partner to help grow our business in Europe,” said Mike Vellano, Vortex Companies CEO. “Fleer-Tech best exemplifies the qualities we want in a service provider, along with the capabilities to support our existing line of products to deliver more solutions to its customers.” Based in Lehrte, Germany, Fleer-Tech has built a reputation for being a highly competent and experienced trenchless sewer contractor. Founded...

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Tuna Fish Market Worth USD 48.19 Billion at 2.65% CAGR by 2028; Owing to Increasing Demand for Canned Tuna in Europe

Top companies covered in tuna fish market report are Thai Union Group Inc. (Samut Sakhon, Thailand), Mitsubishi Corporation (Tokyo, Japan), American Tuna Company, Crown Prince Inc. (California, United States), FCF Co., Ltd. (Taiwan), ITOCHU Corporation (Tokyo, Japan), Bolton Group (Milan, Italy), Alliance Select Foods Inc. (Philippines), DongWon Enterprises Co. Ltd. , Wild Planet Foods Inc. and more players profiled Pune, India, July 22, 2021 (GLOBE NEWSWIRE) — The global tuna fish market size is expected to gain traction by reaching USD 48.19 billion in 2028 while exhibiting a CAGR of 2.65% between 2021 and 2028. Fortune Business Insights, in its report titled “Tuna Fish Market, 2021-2028.”, mentions that the market stood at USD 39.27 billion in 2020. Evolving consumer preference for seafood diets and the increasing focus on the...

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Outbrain Inc. Announces Pricing of Initial Public Offering

NEW YORK, July 22, 2021 (GLOBE NEWSWIRE) — Outbrain Inc. (“Outbrain”), announced today the pricing of its initial public offering of 8,000,000 shares of common stock at a price to the public of $20.00 per share. The gross proceeds to Outbrain from the offering, before deducting the underwriting discounts and commissions and offering expenses, are expected to be approximately $160 million. The shares are expected to begin trading on the Nasdaq Global Market on July 23, 2021 under the symbol “OB.” The offering is expected to close on July 27, 2021, subject to customary closing conditions. In addition, the underwriters have been granted a 30-day option to pursue an additional 1,200,000 shares of common stock from Outbrain at the initial public offering price, less underwriting discounts and commissions. Citigroup, Jefferies, Barclays,...

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AzurRx BioPharma Increases Previously Announced Bought Deal to $5.0 Million

BOCA RATON, Fla., July 22, 2021 (GLOBE NEWSWIRE) — AzurRx BioPharma, Inc. (NASDAQ: AZRX), (“AzurRx” or the “Company”), a clinical stage biopharmaceutical company specializing in the development of targeted, non-systemic therapies for gastrointestinal (GI) diseases, announced today that, due to demand, the underwriter has agreed to increase the size of the previously announced public offering and purchase on a firm commitment basis 9,090,910 shares of common stock of the Company, at a price to the public of $0.55 per share, less underwriting discounts and commissions. The closing of the offering is expected to occur on or about July 27, 2021, subject to satisfaction of customary closing conditions. H.C. Wainwright & Co. is acting as the sole book-running manager for the offering. The Company has granted to the underwriter a...

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Red White & Bloom Reports Fourth Quarter and Full Year 2020 Financial Results

– Fourth quarter 2020 adjusted sales1 CDN $28.6 million, an increase of 290% over the third quarter– Fourth quarter 2020 revenue of CDN $15.7 million, an increase of 158% over the third quarter– Full Year 2020 adjusted sales1 $37.8 million and Revenue at $23.3 million TORONTO, July 22, 2021 (GLOBE NEWSWIRE) — Red White & Bloom Brands Inc. (CSE: RWB and OTC: RWBYF) (“RWB” or the “Company”) is pleased to report fourth quarter and full year 2020 financial results and is providing certain full year 2020 financial results and select subsequent events. The Company will be filing its 2020 audited financial statements and related Management’s Discussion and Analysis (“MD&A”) today. Management Commentary Brad Rogers, CEO and Chairman stated, “We set out at the beginning of 2020 with a three-year plan...

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Sight Sciences Announces Multiple Presentations at the 2021 American Society of Cataract and Refractive Surgery Annual Meeting

New safety and efficacy data from both retrospective and prospective studies of the OMNI Surgical System and a prospective study of the TearCare System to be presented MENLO PARK, Calif., July 22, 2021 (GLOBE NEWSWIRE) — Sight Sciences, Inc. (Nasdaq: SGHT), a growth-stage medical device company focused on addressing the underlying causes of the world’s most prevalent eye diseases, today announced that data from multiple retrospective and prospective clinical studies of the OMNI® Surgical System and TearCare® System will be presented at the 2021 American Society of Cataract and Refractive Surgery (ASCRS) Annual Meeting. The in-person conference will take place July 23-27 in Las Vegas. A total of five papers have been accepted for presentation. Details of the presentations are as follows (all times are Pacific Daylight Time...

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Magna to Acquire Veoneer, Positioning Magna’s ADAS Business as a Global Leader in a Fast-Growing Industry

Magna’s ADASMagna’s ADAS business positioned to be a global leader with acquisition of VeoneerVeoneer’s complementary products and capabilities strengthen and broaden Magna’s ADAS portfolio and industry position Transaction adds significant engineering and software expertise, including in sensor perception and drive policy software Enhances Magna’s ADAS systems capabilities and feature functionalityAURORA, Ontario and STOCKHOLM, Sweden, July 22, 2021 (GLOBE NEWSWIRE) — Magna International Inc. (TSX: MG; NYSE: MGA) and Veoneer (NYSE: VNE; SSE: VNE SDB) today announced that they have entered into a definitive merger agreement under which Magna will acquire Veoneer, a leader in automotive safety technology. Pursuant to the agreement, Magna will acquire all of the issued and outstanding shares of Veoneer for $31.25...

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Parkland Corporation Announces Date of 2021 Second Quarter Results

CALGARY, Alberta, July 22, 2021 (GLOBE NEWSWIRE) — Parkland Corporation (“Parkland”) (TSX:PKI) expects to announce its 2021 second quarter results after markets close on Thursday, August 5, 2021. A conference call and webcast will then be held at 6:30 a.m. MDT (8:30 a.m. EDT) on Friday, August 6, 2021, to discuss the results. To listen to the live webcast and watch the presentation, please use the following link:https://produceredition.webcasts.com/starthere.jsp?ei=1481382&tp_key=85182819cb Analysts and institutional investors interested in participating in the question and answer session of the conference call may do so by calling 1-888-390-0546 (toll-free) (Conference ID: 18980971). International participants can call 1-587-880-2171 (toll) (Conference ID: 18980971). Please connect and log in approximately 10 minutes before...

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