Month: April 2022

Intertrust underlying revenue back to growth in Q1

Written by Customer Service on April 29, 2022. Posted in Earnings Releases And Operating Results.

Intertrust underlying revenue back to growth in Q1 Amsterdam, the Netherlands – 29 April 2022 – Intertrust N.V. (“Intertrust” or “Company”) [Euronext: INTER], a global leader in providing tech-enabled corporate and fund solutions to clients operating and investing in international business, today publishes its results for the first quarter ended 31 March 2022. Q1 2022 HighlightsUnderlying revenue returning to growth (+2.2%), mainly driven by US Fund Services, Rest of the World and Luxembourg now trending positively. Underlying revenue growth excluding the Netherlands, Luxembourg and Cayman Islands was 8.8% Deals won worth EUR 21.8 million annual contract value (+25.8% y-o-y); pipeline of EUR 74.9m continues to be strong Adjusted EBITA of EUR 38.3 million (Q1 2021: EUR 45.3 million) including one-off costs of EUR 2.6 million related...

Intertrust underlying revenue back to growth in Q1

Written by Customer Service on April 29, 2022. Posted in Earnings Releases And Operating Results.

Corbion Q1 2022 Interim Management Statement

Written by Customer Service on April 29, 2022. Posted in Earnings Releases And Operating Results.

Corbion reported net sales of € 320.1 million in the first quarter of 2022, driven by organic net sales growth of 20.2% and positive currency effects. Adjusted EBITDA decreased by 8.9% to € 40.0 million. “Following last year’s unprecedented increases in input costs, our necessary pricing initiatives are beginning to bear fruit. Price increases are clearly reflected in our higher organic net sales growth. Profit margins are recovering from the lows in the second half of 2021. Given the high inflationary environment, we are currently prioritizing price increases and product mix improvements. At the same time we continue to drive operational efficiencies. We remain confident about our future growth prospects as we continue to invest in capacity expansion. The construction of our new lactic acid plant in Thailand is progressing well and is...

Cavotec SA – Interim report January – March 2022

Written by Customer Service on April 29, 2022. Posted in Earnings Releases And Operating Results.

Order backlog increased 25.9% to EUR 124.5 million On February 22, 2022, Cavotec signed an agreement to divest 100% of our Airports business to US based investment company Fernweh Group. The transaction is expected to close in the summer of 2022. As a result of the sale, Airports is reported as a discontinued entity JANUARY–MARCH 2022 NEW CAVOTEC Order backlog increased 25.9% compared to Q421 to EUR 124.5 million Revenues decreased 6.6% to EUR 27.4 million (29.3) EBIT amounted to EUR -1.5 million (1.1), corresponding to a margin of -5.4% (3.8%).JANUARY–MARCH 2022 TOTAL (INCL. DISCONTINUED) Net result for the group was EUR -4.2 million (1.5), of which EUR -3.9 million attributable to the discontinued operationsKey events during the quarter Due to the lockdown of Shanghai to contain surging COVID-19 cases in the latter part...

Hexatronic Group AB (publ) Interim report January – March 2022

Written by Customer Service on April 29, 2022. Posted in Earnings Releases And Operating Results.

Hexatronic Group AB (publ)Interim report January – March 2022 Events during the quarterThe profitability target was adjusted to at least 12 percent EBITA-margin over a business cycle. The previously set profitability target was at least 10 percent EBITA-margin on a rolling 12-month basis. The growth target was adjusted to annual growth rate of at least 20%, over a business cycle. The previously set growth target was to grow more than its market organically and with an annual growth rate of at least 20 percent. The board of Directors will propose a dividend of SEK 0.50 (0.50) per share for the financial year 2021 to the Annual General Meeting.Events since the end of the quarterNo significant events after the end of the quarterCOMMENTS FROM THE CEO A very strong start to the year! The year got off to a very strong start with sales...

Amundi: Q1 2022 Results

Written by Customer Service on April 29, 2022. Posted in Earnings Releases And Operating Results.

Amundi: Q1 2022 Results A solid quarter in a less favourable environment Robust inflows1in MLT2 assets excl. JVs (+€21bn), particularly in Retail Net income up +5% vs. Q1 20213,4Business activityRobust business activity driven by Retail and by the main areas of expertise Inflows of +€21bn in MLT assets5, +€8bn in JVs and outflows from treasury products (–€26bn) Amundi continued to develop despite the market environment and the international crisis AuM of €2,021bn as of 31/03/2022, up +15% year-on-yearResultsGrowth in adjusted net income of +5% vs. Q1 20214, in particular thanks to the Lyxor integration Increase in asset management revenues (+8.7% vs. Q1 20214), driven by strong inflows over several quarters, amplified by Lyxor integration and market growth over the year Excellent operational efficiency maintained...

Grupo Aeroportuario del Pacifico Announces the Payment Date of the First Installment of the Dividend Approved at the Ordinary Shareholder’s Meeting

Written by Customer Service on April 28, 2022. Posted in Dividend Reports And Estimates.

GUADALAJARA, Mexico, April 28, 2022 (GLOBE NEWSWIRE) — Grupo Aeroportuario del Pacífico, S.A.B. de C.V. (NYSE: PAC; BMV: GAP) (“the Company” or “GAP”) announces that in accordance with the resolution approved in the Annual General Ordinary Shareholders’ Meeting held on April 22, 2022, regarding the dividend payment of Ps.14.40 (FOURTEEN PESOS 40/100 M.N.) per each outstanding share, the Company decided to execute it in different installments. The first installment of the dividend payment will be equivalent to Ps. 7.20 (SEVEN PESOS 20/100 M.N.) per each outstanding share and will be paid on May 16, 2022. Company Description Grupo Aeroportuario del Pacífico, S.A.B. de C.V. (GAP) operates 12 airports throughout Mexico’s Pacific region, including the major cities of Guadalajara and Tijuana, the four tourist destinations of Puerto Vallarta,...

Lowell Farms to Announce First Quarter 2022 Financial and Operational Results

Written by Customer Service on April 28, 2022. Posted in Public Companies.

Cannabis industry leader to hold conference call on May 10 SALINAS, Calif., April 28, 2022 (GLOBE NEWSWIRE) — Lowell Farms Inc. (CSE:LOWL; OTCQX:LOWLF), a California-born innovator in cannabis cultivation and maker of the legendary brand Lowell Smokes, will report its financial and operational results for the first quarter (ended March 31, 2022) after market closes on May 10. Following the release, Lowell Farms will host an earnings call with management on Tuesday, May 10, at 5:30 p.m. EDT, in which they will address these recent financial and operational results.Earnings Call: May 10, 20225:30 p.m. EDTParticipants: George Allen, Chairman of the Board Mark Ainsworth, Co-Founder and Chief Executive Officer Brian Shure, Chief Financial Officer Interested parties will be able to view the earnings call via phone...

First Guaranty Reports Net Income of $7.6 Million for the First Quarter of 2022; Earnings Per Common Share Increased to $0.65 for the First Quarter of 2022 Compared to $0.47 for the First Quarter of 2021

Written by Customer Service on April 28, 2022. Posted in Earnings Releases And Operating Results.

HAMMOND, La., April 28, 2022 (GLOBE NEWSWIRE) — First Guaranty Bancshares, Inc. (“First Guaranty”) (NASDAQ: FGBI), the holding company for First Guaranty Bank, announced its unaudited financial results for the quarter ending March 31, 2022. The momentum we have built over 9 consecutive quarters carried strongly over into the first quarter of 2022. Net earnings for the first quarter of 2022 before payment of the preferred stock dividends totaled $7,585,000. The income available to common shareholders after payment of the preferred stock dividends totaled $7,003,000. This represents a 39% increase over the first quarter of 2021 when income available to common shareholders was $5,023,000. Earnings per common share increased to $0.65 per share for the first quarter of 2022 compared to $0.47 per share for the first quarter...

Bryn Mawr Trust Announces Mark Bradford as Senior Vice President, Market Director

Written by Customer Service on April 28, 2022. Posted in Public Companies.

WILMINGTON, Del., April 28, 2022 (GLOBE NEWSWIRE) — WSFS Financial Corporation (Nasdaq: WSFS), the parent company of Bryn Mawr Trust, today announced Mark Bradford has been named Senior Vice President, Market Director, reporting to Jennifer Dempsey Fox, CFP®, President of Bryn Mawr Trust. Bradford will lead the Wealth Directors for Bryn Mawr Trust’s Berwyn (Pa.), Hershey (Pa.), Philadelphia (Pa.), Princeton (N.J.) and Greenville (Del.) markets, and focus on providing Clients with collaborative planning, advice and solutions. “Client experience is incredibly important to us, and we’re thrilled to have Mark help lead in creating those positive experiences that connect Clients to a life, mission and legacy fulfilled,” said Fox. “Mark is a demonstrated leader with a deep expertise in planning and advice, with a dedicated focus on his...

Month: April 2022

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