Lerøy Seafood Group ASA: Industry settlement in US civil anti-trust litigation

Written by Customer Service on May 25, 2022. Posted in Earnings Releases And Operating Results.

Reference is made to the previously disclosed class-action complaints in the US against Lerøy Seafood AS, Lerøy Seafood USA Inc. and five other producers and/or sellers of Norwegian salmon (together with certain of their subsidiaries) (collectively referred to as the Defendants), over claims concerning anti-competitive behavior. While all Defendants reject that there is any basis for the claims and consider the complaints to be entirely unsubstantiated, all Defendants in the US class action related to the direct purchaser case have now, following a mandatory mediation procedure, accepted a settlement offer from the direct purchaser plaintiffs subject to approval by the court of Southern District of Florida. The total settlement amount for all Defendants is USD 85 million. All Defendants expressly reject the allegations regarding anti-competitive...

Manhattan Associates Recognizes Heather Zenk of AmerisourceBergen as 2022 Outstanding Woman in Supply Chain

Written by Customer Service on May 25, 2022. Posted in Public Companies.

Honored for her distinguished career coupled with extraordinary leadership during the pandemic HOLLYWOOD, Fla., May 25, 2022 (GLOBE NEWSWIRE) — Manhattan Associates Inc. (NASDAQ: MANH) today announced that it has named Heather Zenk, president of Supply Chain Operations and Distribution Services at AmerisourceBergen, as 2022 Outstanding Woman in Supply Chain. Manhattan’s Spotlight on Innovation awards were presented at Momentum 2022, the company’s annual customer event, held May 23-25 in Florida. Ms. Zenk was applauded for her work during the pandemic where she led AmerisourceBergen’s COVID-19 response team, helping colleagues, hospitals, manufacturer partners and customers navigate the challenges of the pandemic. In this role, she worked closely with government leaders and industry decision makers to solve unique complexities in...

Mixie Holoport Powers Industry Recognition for Frontera Customer

Written by Customer Service on May 25, 2022. Posted in Public Companies.

Mixie Holoport 3.0 Immersive Framework Underpins Frontera Client Named by The Close as One of “Six New Real Estate Tech Companies to Watch Out for in 2022” DALLAS, TEXAS, May 25, 2022 (GLOBE NEWSWIRE) — Frontera Group, Inc. (OTC Pink: FRTG) (“Frontera” or “the Company”), a technology-focused strategic acquirer of revenue-generating companies and intellectual property (IP), today announced that Domotics Re-Technologies, LLC (“Domotics”), a Frontera client implementing the Company’s newly-released Mixie Holoport 3.0 immersive framework into its product and solution offerings, has been named by real estate website The Close (https://theclose.com) as one of “Six New Real Estate Tech Companies to Watch Out for in 2022.” The article may be viewed at https://theclose.com/real-estate-tech-companies. Domotics has integrated Frontera’s Mixie...

First half 2021-2022 results

Written by Customer Service on May 25, 2022. Posted in Public Companies.

First half net profit up 60% to €117.8 million On May 25, 2022, the Board of Directors chaired by Mr. Daniel Derichebourg approved the financial statements for the six months ended March 31, 2022. During the meeting, the Chairman and CEO praised the Group’s ability to integrate acquisitions rapidly, as evidenced by Ecore’s impressive contribution to first half results reflected in proforma2 rolling 12-month EBITDA of €559 million. Consolidated revenue Consolidated revenue for the first half was €2.5 billion, up 54% year on year. The increase was driven mainly by the Environmental Services division (up 70%) and, to a lesser extent, by the Multiservices division (up 9%). (in thousand tons) H1 2021-2022 H1 2020-2021 Change Ferrous metals 2,395.5 1,998.3 19.9% Non-ferrous metals 396.0 322.1 22.9% Total volumes 2,791.5 2,320.4 20.3% (in...

OTC: ILUS, ILUS International (Ilustrato Pictures International Inc) Agrees Terms With an Acquisition Delivering Upwards of $100 Million in Annual Revenue

Written by Customer Service on May 25, 2022. Posted in Mergers And Acquisitions.

NEW YORK, NY, May 25, 2022 (GLOBE NEWSWIRE) — via NewMediaWire — ILUS International Inc (OTC: ILUS) is a Mergers and Acquisitions company focused on acquiring and developing public safety technology-based companies across the globe. The company confirmed that it has agreed the principal terms to acquire its first $100 million revenue company. The agreed acquisition delivered upwards of $100 million in 2021 revenue and is on track to achieve over $200 million in 2022. ILUS is pleased to announce that following months of discussions and due diligence, the terms have been agreed for the acquisition of a large process equipment manufacturer which is focused primarily on the Oil, Gas and Utility industries and which also manufactures firefighting equipment for special projects. The company is a leading provider of heavy engineering...

Westboro Mortgage Investment Fund Announces Bonus Distribution to Unitholders

Written by Customer Service on May 25, 2022. Posted in Dividend Reports And Estimates.

TORONTO, May 25, 2022 (GLOBE NEWSWIRE) — Westboro Mortgage Investment Fund has paid a bonus distribution of $0.065 per eligible Class F unit. The bonus distribution equals the excess income earned by the fund for the fiscal year ended December 31, 2021. The total distribution per unit for the 2021 fiscal year, inclusive of this bonus distribution, was $0.65/unit on a monthly basis, or an annualized return of 6.7%, on a monthly compounded basis. The strong performance of the Westboro Mortgage Investment Fund is a direct result of the following: a) long standing and strong broker client relationships b) best in class staff; and c) conservative and thorough underwriting practices. “It was a record breaking year filled with a unique set of challenges posed by the pandemic. We will continue to be conservative in our underwriting and...

GlobalData Plc: Cards and Payments Market Forecast of Europe – Bundle Reports Collection

Written by Customer Service on May 25, 2022. Posted in Public Companies.

GlobalData Plc has announced the latest cards and payments market forecast reports bundle for Europe LONDON, May 25, 2022 (GLOBE NEWSWIRE) — The Future of the Cards and Payments Market in Europe bundle is a collection of reports that provide a detailed analysis of market trends in a country’s cards and payments industry. It provides values and volumes for a number of key performance indicators in the industry, including cards, cash, credit transfers, direct debits, and cheques during the review period (2017-21e). This compendium brings together GlobalData’s research, modeling, and analysis expertise to allow banks and card issuers to identify segment dynamics and competitive advantages. It also covers detailed regulatory policies and recent changes in the regulatory structure. The report also analyzes various payment card markets...

GlobalData Plc: Power Market Forecast of Europe – Bundle Reports Collection

Written by Customer Service on May 25, 2022. Posted in Public Companies.

GlobalData Plc has announced the latest power market forecast reports bundle for Europe LONDON, May 25, 2022 (GLOBE NEWSWIRE) — The Future of the Power Market in Europe report compendium explores the power market structure in Europe and how it will impact power companies in the future. It provides historical and forecast numbers for capacity, generation, and consumption up to 2030. Moreover, it offers a detailed analysis of the country’s power market regulatory structure, import and export trends, competitive landscape, and power projects at various stages of the supply chain. Future of Power Market in Europe Poland Power Market – The total power capacity in the Poland power market was 49.1 GW in 2020. The market is projected to grow at a CAGR of more than 3% during the forecast period. Thermal power is the dominant source...

GlobalData Plc: Energy Transition Forecast – Bundle Reports Collection

Written by Customer Service on May 25, 2022. Posted in Public Companies.

GlobalData Plc has announced the latest future of energy transition reports bundle LONDON, May 25, 2022 (GLOBE NEWSWIRE) — The Future of Energy Transition market report compendium consists of three reports that cover the themes that are impacting the oil and gas industry – carbon capture and storage, renewable power, and hydrogen. Oil and gas majors are actively restructuring their businesses to incorporate these themes into their portfolios. Future of Energy Transition Hydrogen in Oil and Gas Industry – Hydrogen is predominantly used as an ingredient in crude oil refining applications. Hydrogen can work in tandem with renewable energy from solar, wind, and other sources, and it can take the role of an energy carrier for renewable energy when deployed for electrification purposes. Historically, hydrogen has been a key element...

GlobalData Plc: Construction Market Forecast of the Americas – Bundle Reports Collection

Written by Customer Service on May 25, 2022. Posted in Public Companies.

GlobalData Plc has announced the latest construction market forecast reports bundle for the Americas LONDON, May 25, 2022 (GLOBE NEWSWIRE) — The Future of the Construction Market in the Americas report compendium provides detailed market analysis, information, and insights into the Americas construction industry along with historical and forecast valuations and details of key growth drivers. The report also explores segmentation by sector and by sub-sector and analyzes the mega-project pipeline, including breakdowns by development stage across all sectors, and projected spending on projects in the existing pipeline. Furthermore, the report explores the listings of major projects, in addition to details of leading contractors and consultants. Future of the Construction Market in the Americas The US Construction Market – The...

Day: May 25, 2022

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