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Month: May 2022

L’Oréal: News Release: “L’Oréal announces the launch of a third Employee Share Ownership Plan”

NEWS RELEASE L’ORÉAL ANNOUNCES THE LAUNCH OF A THIRD EMPLOYEE SHARE OWNERSHIP PLAN Clichy, 17 May 2022 – L’Oréal is announcing the launch of its third Employee Share Ownership Plan. The plan will be rolled out in 63 countries and will give L’Oréal employees, in France and internationally, the possibility to be even more closely linked to the Group’s development. For this third plan, Nicolas Hieronimus, CEO of L’Oréal, has announced: “After the success of the first two operations in 2018 and 2020, which enabled some 30,000 employees to demonstrate their commitment and confidence in the future growth and values of our Group, we are again pleased to offer them this year another opportunity to strengthen their link with L’Oréal’s future financial and extra-financial success. This third Employee Share Ownership Plan is a new opportunity to...

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Iceland Seafood International hf: Breakeven results at Normalised PBT level for Q1 2022. Results negatively impacted by extreme price increases of raw material and other key input factors

Results in Q1 call for a downward revision of full year outlookSales for Q1 2022: €115.9m, up 11% from Q1 2021 Net margin for Q1 2022: €9.4m, down €1.5m from Q1 2021 Normalised profit before tax in Q1 2022: breakeven, compared to €3.7m profit in Q1 2021 Net loss for Q1 2022: €0.7m compared to €2.7m profit in Q1 2021 Basic earnings per share (EPS) for Q1 2022 were negative by €0.0279 cents per thousand shares compared to positive €0.1017 cents per thousand shares for Q1 2021 Balance sheet reflecting seasonally high inventories in S-Europe and increases of fish prices. Total assets of €294.2m at end of March 2022 Revised normalised PBT Outlook range of €11.0-16.0m for 2022, based on the assumption that prices of key input factors have reached its maximum in this cycle and the Group will succeed with price increases in certain areas that...

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Euronext publishes Q1 2022 results

Contacts Media Contact Investor RelationsAmsterdam +31 20 721 4133 Brussels +32 2 620 15 50 +33 1 70 48 24 27Dublin +33 1 70 48 24 45 Lisbon +351 210 600 614  Milan +39 02 72 42 62 12 Oslo +47 41 69 59 10  Paris +33 1 70 48 24 45      Euronext publishes Q1 2022 results Strong performance driven by growth in non-volume related business and in trading activities, cost control and integration of the Borsa Italiana Group. 2022 cost guidance upgraded. Amsterdam, Brussels, Dublin, Lisbon, Milan, Oslo and Paris – 17 May 2022 – Euronext, the leading pan-European market infrastructure, today publishes its results for the first quarter 2022.Q1 2022 revenue and income up +6.0% pro forma1to €395.7 million (+58.8% reported, +€146.6 million) driven by non-volume related and trading activities growth:Non-volume related revenue accounted...

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GlobalData Plc: Asia-Pacific to Dominate Rooftop Solar PV Market by 2030

The rooftop solar PV market size was valued at $64.3 billion in 2020 LONDON, May 17, 2022 (GLOBE NEWSWIRE) — The cumulative solar PV rooftop capacity is expected to grow at a CAGR of more than 12% during the forecast period. Solar PV is one of the fastest-growing sources of energy globally. The increasing need to reduce greenhouse gas (GHG) emissions, the growing demand for power, and the need for energy independence and security are some of the major factors that accelerated the adoption of rooftop solar PV. The Rooftop Solar Photovoltaic (PV) Market Research Report offered by GlobalData Plc provides market size and market segmentation globally as well for each of the key countries. It gives insights on key growth drivers and challenges at a country level, historic and forecast data for cumulative installed rooftop solar PV capacity...

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GlobalData Plc: Predictive Maintenance Strategies to Create a Greener Future for the Oil & Gas Industry

Predictive maintenance is essential for the oil and gas industry LONDON, May 17, 2022 (GLOBE NEWSWIRE) — Older oil and gas facilities have been more at risk of unplanned downtime. These also may contribute to excess greenhouse emissions. Using predictive maintenance techniques, the performance of older equipment can be improved. The COVID-19 pandemic has also sensitized the oil and gas industry to the perils of shortages of skilled maintenance crew, especially in the case of equipment breakdowns in remote locations. Predictive maintenance can also help improve human resource allocation, thereby increasing productivity. The Predictive Maintenance in the Oil and Gas Industry – Thematic Research Report offered by GlobalData Plc provides an overview of the predictive maintenance strategies in the oil & gas industry. It highlights...

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AS LHV Group received approval from the Estonian FSA to operate as a financial holding company

The management board of the Estonian Financial Supervision and Resolution Authority decided to approve AS LHV Group as a parent company operating as a financial holding company. LHV Group is a holding company whose subsidiaries include a credit institution, an asset management company and a non-life insurance company. In addition, LHV Group is establishing a new bank in the United Kingdom. The need to apply for approval arose from the amendment to the Credit Institutions Act and the granting of the approval does not entail any changes in the activities or management of LHV Group nor its subsidiaries. The Estonian FSA has also previously exercised supervision over LHV Group on a consolidated basis.Priit RumCommunication ManagerPhone: +372 502 786Email: priit.rum@lhv.ee 

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Hawkins, Inc. to Participate in the Loop Capital Markets Investor Conference

Roseville, MN, May 17, 2022 (GLOBE NEWSWIRE) — Hawkins, Inc. (Nasdaq: HWKN), a leading specialty chemical and ingredients company, announced today it will participate in the 3rd Annual Loop Capital Markets Investor Conference. The conference will take place June 1-2, 2022. The first day (June 1) will be virtual 1×1 and group meetings. The second day (June 2) will be in-person 1×1 and group meetings at the Westin New York Times Square (270 West 43rd Street). Hawkins management will participate virtually on June 1. To schedule a one-on-one meeting with management, please contact your Loop Capital Markets representative, or Hawkins Investor Relations at ir@hawkinsinc.com. About Hawkins, Inc. Hawkins, Inc. was founded in 1938 and is a leading specialty chemical and ingredients company that formulates, distributes, blends...

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UCASU to deliver $0.10/share dividend in coming weeks out of $0.12/share net profit

Atlanta, May 17, 2022 (GLOBE NEWSWIRE) — UC Asset LP (OTCQX: UCASU) announces that it will start to deliver $0.10/share dividend for its shareholders who held UCASU common shares by December 31, 2021. “Our shareholders can expect receiving checks in the coming weeks, since our 2021 financial statements have completed being audited, and we have filed our annual report on Form 1-K by the end of last week,” declares Greg Bankston, managing partner of UC Asset. For the year of 2021, UC Asset reports a $0.12 per share net income. This net income, combined with a $0.03 per shear net equity increase resulting from buyback of shares, will likely lead to a $0.15 per share net equity increase. The $0.12 per share net income represents a 330% net profit growth over the previous year.  The company also reports a 73% operating profit growth...

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Innovative Food Holdings, Inc. Reports 2022 First Quarter Financial Results

Total revenue up 28% year-over-year to a first quarter record of $15.6 million Specialty foodservice revenue increased 69% year-over-year to a first quarter record Pursuing organic and non-organic initiatives to expand growth of digitally native brands on IVFH’s eCommerce platformBONITA SPRINGS, Fla., May 17, 2022 (GLOBE NEWSWIRE) — Innovative Food Holdings, Inc. (OTCQB: IVFH) (“IVFH” or the “Company”), a leading end-to-end DTC eCommerce platform and direct-to-chef online platform that provides high-quality, unique specialty foods through eCommerce offerings and multichannel partnerships, today reported its financial results for the first quarter of 2022.   “Record first quarter sales are encouraging and reflect the benefits of our diversified revenue streams. We generated record specialty foodservice revenue driven by our...

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Sorrento’s License Partner, Lee’s Pharm, Announces Full Enrollment of 498 Patients in a Phase III Trial of Socazolimab (Anti-PD-L1 Antibody) for First-Line Treatment of Extensive-Stage Small-Cell Lung Cancer (ES-SCLC)

Socazolimab (anti-PD-L1 monoclonal antibody) was discovered by Sorrento from its fully human antibody G-MABTM library and licensed by China Oncology Focus Limited (“COF”), a Lee’s Pharm subsidiary, for the Great China Territories. COF has completed the patient enrollment (498 patients) for a Phase III, multicenter, randomized, double blinded, placebo-controlled clinical trial of Socazolimab combined with chemotherapy in the first-line treatment of extensive-stage small-cell lung cancer (“ES-SCLC”).SAN DIEGO, May 17, 2022 (GLOBE NEWSWIRE) — Sorrento Therapeutics, Inc. (Nasdaq: SRNE, “Sorrento”) today announced that its license partner, China Oncology Focus Limited (“COF”), a subsidiary of Lee’s Pharmaceutical Holdings Limited (“Lee’s Pharm”), has completed the patient enrollment for a Phase III, multicenter, randomized,...

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