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Day: May 19, 2022

Regarding the approval of the key financial performance indicators for AB Klaipėdos nafta for the period of 2022-2024

AB Klaipėdos nafta (hereinafter – the Company) hereby informs that the Government of the Republic of Lithuania on 18 May 2022 adopted the resolution No. 509 “Regarding the approval of the key financial performance indicators for state-owned enterprises for the period of 2022-2024”, which establishes the following performance indicators for the Company:Indicator 2022 2023 2024Average annual adjusted EBITDA* Period 2022–2024 ≥ EUR 33.9 millionAnnual financial debt to equity ratio Period 2022–2024 limit1.7–3.2 times* EBITDA less adjustment (temporary regulatory differences, temporary fluctuations in the fair value of financial derivatives, results from disposal or revaluation of non-current assets, compensations received for previous periods, other non-typical corrections).Mindaugas Kvekšas, Chief Financial Officer, +370...

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Interim report for the first quarter of 2022: growth driven by Green Generation

AB “Ignitis grupė” (hereinafter – the Group) publishes its Interim report for the first quarter of 2022, which is attached to this notice, and announces that the Group’s Adjusted EBITDA grew by 42.6% to EUR 111.4 million compared to Q1 2021. The increase was mainly driven by the Green Generation segment due to the launch of Pomerania wind farm in Poland and better results of hydro portfolio. Green Generation Adjusted EBITDA accounted for almost 2/3 of the Group’s total results in Q1 2022. In Q1 2022, the Group’s investments amounted to EUR 43.1 million and were higher by 48.6% compared to Q1 2021. It is mainly due to higher investments in Networks segment mainly due to more new connection points and upgrades. In Q1 2022, the Group’s green share of electricity generated increased by a third to 93.6% (from 61.0% in Q1 2021). Russia’s...

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Proactive news headlines including Arafura Resources, Hawsons Iron, Duke Exploration and Aeris Resources

Sydney, May 19, 2022 (GLOBE NEWSWIRE) — Proactive, provider of real-time news and video interviews on growth companies listed in Australia, has covered the following companies:Arafura Resources Ltd (ASX:ARU) is trading higher on news that it has negotiated an agreement with Hyundai Motor Company for the offtake of neodymium and praseodymium (NdPr) from its Nolans Project in the Northern Territory. Click here Hawsons Iron Ltd (ASX:HIO) is advancing a bankable feasibility study (BFS) for its namesake project near Broken Hill in Far West NSW, with the appointment of leading engineering group Australian Mine Design and Development Pty Ltd (AMDAD) as mining consultant. Click here Duke Exploration Ltd (ASX:DEX) has vastly improved its understanding of the Bundarra Project in Queensland through a comprehensive geophysical data synthesis...

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Aalberts N.V.: Aalberts trading update – first four months 2022

Utrecht, 19 May 2022In the first four months Aalberts realised 9% organic revenue growth compared to last year. The orderbook end of April was 51% higher than last year. The added value margin was on a good level due to pricing initiatives. Capital expenditure further accelerated to facilitate the organic growth plans. We were able to manage the ongoing pandemic, disruptions in our supply chains and raw material and labour shortages. So far, we faced no severe issues. We invested in additional inventory to secure our customer deliveries, due to uncertain availability of raw materials and components. In parallel, work in progress is increasing to facilitate growth and gain market share going forward. Regional manufacturing becomes favourable to improve service, protect the supply chains and reduce transport and energy use. We are driving...

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Maha Energy AB Announces Filing of First Quarter 2022 Report & Live Webcast

Maha Energy AB (publ) (“Maha” or the “Company”) is pleased to announce its first quarter results. The report is attached to this press release and available on the Company’s website at  www.mahaenergy.ca. First Quarter 2022Daily oil & gas production for Q1 2022 averaged 4,580 BOEPD (Q1 2021: 3,742 BOEPD) Revenue of USD 30.8 million (Q1 2021: USD 15.8 million) Operating netback of USD 22.5 million or USD 57.90 per BOE (Q1 2021: USD 11.0 million or USD 33.80 per BOE) EBITDA of USD 22.1 million (Q1 2021: USD 10.2 million) Net result of USD 12.0 million (Q1 2021: USD 5.5 million) Basic Earnings per share of USD 0.10 (Q1 2021: USD 0.05) Diluted Earnings per share of USD 0.10 (Q1 2021: USD 0.05) Cash and cash equivalents balance of USD 29.4 million (Q1 2021: 5.7 million)Financial Summary(TUSD, unless otherwise noted) Q1 2022...

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Form 8.5 (EPT/RI) – Contourglobal plc

FORM 8.5 (EPT/RI)   PUBLIC DEALING DISCLOSURE BY AN EXEMPT PRINCIPAL TRADER WITH RECOGNISED INTERMEDIARY STATUS DEALING IN A CLIENT-SERVING CAPACITY Rule 8.5 of the Takeover Code (the “Code”)   1.        KEY INFORMATION  (a)        Name of exempt principal trader: Investec Bank plc(b)        Name of offeror/offeree in relation to whose relevant securities this form relates:         Use a separate form for each offeror/offereeContourGlobal plc(c)        Name of the party to the offer with which exempt principal trader is connected: Investec is Joint Broker to ContourGlobal plc(d)        Date dealing undertaken:18th May 2022(e)        In addition to the company in 1(b) above, is the exempt principal trader making disclosures in respect of any other party to this offer?         If it is a cash offer or possible cash...

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Aircraft Fairing Market to Hit USD 2.60 Billion by 2028 | Rising demand for Composite Aerostructures to Augment Market Growth

Companies covered in Aircraft Fairing Market Are Malibu Aerospace (U.S.), FACC AG (Austria), Daher (France), NORDAM (U.S.), Airbus (France), Boeing (U.S.), Avcorp (Canada), Barnes Group (U.S.), Royal Engineered Composites (U.S.), Fiber Dynamics Inc. (U.S.), FDC Composites (Canada), Kaman Aero systems (U.S.) and more players profiled. Pune, India, May 19, 2022 (GLOBE NEWSWIRE) — The aircraft fairing market size was USD 1.41 billion in 2020. The market is projected to grow from USD 1.46 billion in 2021 to USD 2.60 billion in 2028 at a CAGR of 8.59% during the 2021-2028 period. This vital information is presented by Fortune Business Insights™, in its report, titled, “Aircraft Fairing Market, 2021-2028”. Factors such as covering gaps and spaces to reduce both form drag and interference drag and improving appearance will boost the growth...

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Hot Sauce Market to Hit USD 4.72 Billion in 2029 | Incising Demand for Healthy Appeasement to Spur Product Sale

Companies covered in hot sauce market are The Kraft Heinz Company (Pennsylvania, United States), McCormick & Company Inc. (Maryland, United States), Campbell Soup Company (New Jersey, United States), Unilever PLC. (London, United Kingdom), Conagra Brands Inc. (Illinois, United States), McIlhenny Company (Louisiana, United States), Southeastern Mills, Inc. (Georgia, United States), Hormel Foods Corporation (Minnesota, United States), Baumer Foods, Inc. (California, United States), T.W. Garner Food Company (North Carolina, United States) Pune, India, May 19, 2022 (GLOBE NEWSWIRE) — The global hot sauce market size is expected to witness elevated growth owing to rising globalization and increasing popularity among worldwide consumers during the forecast period. This information is provided by Fortune Business Insights™, in its...

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Building Thermal Insulation Market to Worth $42.53 Billion by 2029 | Increasing Building & Construction Sector and Rising Energy Expenditure to Bolster Growth

Companies covered in building thermal insulation market are BASF (Germany), Atlas Roofing Company (U.S.), Cellofoam North America Inc. (U.S.), DuPont (U.S.), Knauf Insulation (U.S.), Owens Corning (U.S.), Armacell S.A. (Luxembourg), Beijing New Building Material (Group) Co., Ltd. (China), Evonik (Germany), PT. Bondor Indonesia (Indonesia), BYUCKSAN (South Korea), Huamei Energy-saving Technology Group Co., Ltd. (China), Johns Manville (U.S.), Kaneka Corporation (Japan), KCC Corporation (South Korea), Kingspan Insulation LLC (Ireland) and more players profiled. Pune, India, May 19, 2022 (GLOBE NEWSWIRE) — The global building thermal insulation market size was USD 29.85 billion in 2021. The market is projected to grow from USD 31.15 billion in 2022 to USD 42.53 billion in 2029 at a CAGR of 4.5% during the 2022-2029 period. This vital...

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