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Day: November 4, 2021

Crew Energy Inc. Announces Third Quarter 2021 Results Highlighted By Strong Financial and Operating Performance

CALGARY, Alberta, Nov. 04, 2021 (GLOBE NEWSWIRE) — Crew Energy Inc. (TSX: CR, OTCQB: CWEGF) (“Crew” or the “Company”), a growth-oriented natural gas weighted producer operating exclusively in the world-class Montney play in northeast British Columbia, is pleased to announce our operating and financial results for the three and nine month periods ended September 30, 2021. Crew’s Financial Statements and Notes, as well as Management’s Discussion and Analysis (“MD&A”) are available on Crew’s website and filed on SEDAR at www.sedar.com. “Crew benefitted from positive market developments in the third quarter as commodity prices reached levels unseen in recent history, enabling the Company to capture value from our world-class resource to generate meaningful adjusted funds flow1 (“AFF”),” said Dale Shwed, President and CEO of Crew....

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Baytex Announces Third Quarter 2021 Financial and Operating Results, Free Cash Flow of $101 Million and Repurchase of Long-Term Notes

CALGARY, Alberta, Nov. 04, 2021 (GLOBE NEWSWIRE) — Baytex Energy Corp. (“Baytex”) (TSX: BTE) reports its operating and financial results for the three and nine months ended September 30, 2021 (all amounts are in Canadian dollars unless otherwise noted). “During the third quarter, we remain focused on strong capital discipline, generating free cash flow and reducing debt. We have already repurchased and cancelled US$200 million of our 2024 bonds this year and at current commodity prices we now expect to generate record levels of free cash flow in excess of $400 million. Our operating results continue to build momentum as we appraise and develop our Clearwater oil play at Peace River. We have some of the best results in all of the Clearwater, and will now drill four additional wells during the fourth quarter, which will...

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Swiss Water Reports Record Quarterly Volume and Adjusted EBITDA

VANCOUVER, British Columbia, Nov. 04, 2021 (GLOBE NEWSWIRE) — Swiss Water Decaffeinated Coffee Inc. (TSX– SWP) (“Swiss Water” or “the company”), a leading specialty coffee company and premium green coffee decaffeinator, today reported financial results for the three and nine months ended September 30, 2021. Three and Nine Months ended September 30, 2021 Financial and Operational HighlightsThird quarter revenue was $35.5 million, an increase of 43% or $10.6 million when compared to the same period in 2020. Year-to-date revenue grew strongly and was $89.9 million, an increase of 23% or $16.9 million. Quarterly and year-to-date volumes increased by 29% and 15%, respectively, compared to the same periods last year reflecting new customer acquisition and organic growth with existing customers as the food service economy continues...

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Fairfax India Holdings Corporation: Third Quarter Financial Results

NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES (Note: All dollar amounts in this news release are expressed in U.S. dollars except as otherwise noted. The financial results are prepared using the recognition and measurement requirements of International Financial Reporting Standards, except as otherwise noted, and are unaudited.) TORONTO, Nov. 04, 2021 (GLOBE NEWSWIRE) — Fairfax India Holdings Corporation (TSX: FIH.U) announces net earnings of $131.9 million in the third quarter of 2021 ($0.85 net earnings per diluted share), compared to net earnings of $77.7 million in the third quarter of 2020 ($0.52 net earnings per diluted share), reflecting increased net realized and unrealized gains on investments, partially offset by increased performance fees, provision for income taxes, and decreased...

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Constellation Software Inc. Announces Results for the Third Quarter Ended September 30, 2021, Declares Quarterly Dividend, and Appoints John Billowits as Chair of the Board of Directors

TORONTO, Nov. 04, 2021 (GLOBE NEWSWIRE) — Constellation Software Inc. (TSX:CSU) (“Constellation” or the “Company”) today announced its financial results for the third quarter ended September 30, 2021 and declared a $1.00 per share dividend payable on January 11, 2022 to all common shareholders of record at close of business on December 20, 2021. This dividend has been designated as an eligible dividend for the purposes of the Income Tax Act (Canada). Please note that all dollar amounts referred to in this press release are in U.S. Dollars unless otherwise stated. The following press release should be read in conjunction with the Company’s Unaudited Condensed Consolidated Interim Financial Statements for the three and nine months ended September 30, 2021 and the accompanying notes, our Management Discussion and Analysis for the...

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Enerflex Announces Third Quarter 2021 Financial Results and Quarterly Dividend

CALGARY, Alberta, Nov. 04, 2021 (GLOBE NEWSWIRE) — Enerflex Ltd. (TSX:EFX) (“Enerflex” or “the Company” or “we” or “our”), a leading supplier of products and services to the global energy industry, today reported its financial and operating results for the three and nine months ended September 30, 2021. Summary Table of Third Quarter and First Nine Months of 2021 Financial and Operating Results(Unaudited)($ Canadian millions, except per share amounts, horsepower, and percentages)Three months ended September 30, Nine months ended September 30,  2021     2020     Change   2021     2020     ChangeRevenue $ 231.1   $ 265.0   $ (33.9 ) $ 638.8   $ 918.2   $ (279.4 )Gross margin   54.4     63.7     (9.3 )   159.6     223.2     (63.6 )Operating income   9.6     20.3     (10.7 )   34.4     85.0     (50.6 )EBIT   ...

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European Residential REIT Announces Strong Third Quarter 2021 Results

TORONTO, Nov. 04, 2021 (GLOBE NEWSWIRE) — European Residential Real Estate Investment Trust (“ERES” or the “REIT”) (TSX: ERE.UN) announced today its results for the three and nine months ended September 30, 2021. ERES’s unaudited consolidated financial statements and management’s discussion and analysis (“MD&A”) for the three and nine months ended September 30, 2021 can be found at www.eresreit.com or under ERES’s profile at www.sedar.com. HIGHLIGHTS Business UpdateOn June 30, 2021, the REIT closed on two acquisitions in the Netherlands for a combined purchase price of €47.0 million (excluding transaction costs and fees), representing an aggregate 137 residential units. On September 29, 2021, the REIT secured mortgage financing on its June 30, 2021 acquisition properties, combined...

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Nova Leap Health Corp. Posts Record Revenues for 3rd Consecutive Quarter

NLH Q3 2021 Revenue in USDNLH Q3 2021 Revenue in USDNLH Q3 2021 Adj EBITDANLH Q3 2021 Adj EBITDANOT FOR DISSEMINATION IN THE UNITED STATES OR FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES HALIFAX, Nova Scotia, Nov. 04, 2021 (GLOBE NEWSWIRE) — NOVA LEAP HEALTH CORP. (TSXV: NLH) (“Nova Leap” or “the Company”), a growing home health care organization, is pleased to announce the release of financial results for the third quarter ended September 30, 2021. All amounts are in United States dollars unless otherwise specified. Nova Leap Third Quarter of 2021 Highlights for the third quarter ended September 30, 2021 included the following:Q3 2021 revenues were the highest in the Company’s history; Q3 2021 was the Company’s fifth consecutive quarter of revenue growth and third consecutive quarter of record...

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Minerals Technologies Reports Third Quarter 2021 Earnings of $1.22 Per Share, or $1.30 Per Share Excluding Special Items, a Record Quarter for the Company

Third Quarter Highlights:EPS of $1.30, Excluding Special Items, Up 41% Versus Prior Year Sales of $473 Million, Up 22% Versus Prior Year Continued Strong Cash Flow from Operations, Up 10% Year-to-Date Normerica Inc. (“Normerica”) Integration Progressing Well Acquired Specialty PCC Assets in the Midwest US in NovemberNEW YORK, Nov. 04, 2021 (GLOBE NEWSWIRE) — Minerals Technologies Inc. (NYSE: MTX) (“MTI” or “the Company”) today reported diluted earnings per share, excluding special items, of $1.30 per share for the third quarter ended October 3, 2021, compared with $0.92 in the prior year and $1.29 in the second quarter. Reported diluted earnings per share were $1.22 compared with $0.83 in the prior year and $1.23 in the second quarter. “MTI had another record quarter of earnings marked by solid execution, strong end market...

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Galapagos reports commercial and operational progress at Q3 financial results

First nine months 2021 financial results:Group revenues of €317.9 million Operating loss of €175.7 million Net loss of €119.6 million Cash and current financial investments of €4.9 billion on 30 September 2021Filgotinib launch in RA on track with reimbursement secured in 14 countries Reduced 2021 cash burn guidance by €50 million to €530-€570 millionWebcast presentation tomorrow, 5 November 2021, at 13.00 CET / 8 AM ET, www.glpg.com, +32 2 793 38 47, code 4987105 Mechelen, Belgium; 4 November 2021, 22.01 CET; regulated information – Galapagos NV (Euronext & NASDAQ: GLPG) is pleased to report on its commercial launch of filgotinib in Europe. The company is moving forward with its revised R&D strategy and operational restructuring announced in May, resulting in a downward adjustment of the cash burn by €50 million. The...

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