Month: August 2022

Corbion first half-year 2022 results

Written by Customer Service on August 10, 2022. Posted in Earnings Releases And Operating Results.

Corbion reported net sales of € 687.4 million in H1 2022. Organic net sales growth was 23.4% for the first half year. Adjusted EBITDA in H1 2022 increased by 16.6% to € 89.9 million. Olivier Rigaud, CEO, commented: “We are proud to have delivered strong growth in sales and EBITDA during a period of unprecedented cost inflation and supply chain disruptions. Given that we are prioritizing price increases and mix improvements, we are encouraged to see that this has not led to adverse volume impact. This confirms the strength of our differentiated portfolio. I am happy to report that our AlgaPrime DHA business has been profitable as of June. Looking forward, we are on track to substantially improve our absolute Adjusted EBITDA for the company compared to last year, as we continue to adapt to the inflationary environment with price adjustments,...

ABN AMRO reports net profit of EUR 475 million in the second quarter 2022

Written by Customer Service on August 10, 2022. Posted in Earnings Releases And Operating Results.

ABN AMRO reports net profit of EUR 475 million in the second quarter 2022Good quarter, with a net profit of EUR 475 million and return on equity (ROE) of 8.8%. Continued progress towards our financial and non-financial targets for 2024 Continued growth in mortgage and corporate loan books. Market leader in mortgages with a market share of 17.5% in Q2 Deposit margins benefit from higher interest rates; net interest income (NII) is expected to bottom out in the second half of this year and to end around EUR 5.2 billion for the full year Fee income increased by 12% compared with Q2 2021, driven by higher transaction volumes in payments and strong results at Clearing Full-year costs expected to total around EUR 5.3 billion, excluding incidentals, as cost savings are partially offset by higher investments and regulatory levies Impairment...

Proactive news headlines including Riversgold Ltd, Patrys Ltd, Great Boulder Resources and Technology Metals Australia

Written by Customer Service on August 10, 2022. Posted in Mergers And Acquisitions.

Sydney, Aug. 10, 2022 (GLOBE NEWSWIRE) — Proactive, provider of real-time news and video interviews on growth companies listed in Australia, has covered the following companies:Riversgold Ltd (ASX:RGL) is readying to embark on a 10,000-metre drill program at the Tambourah Project in WA’s Pilbara region. Click here Patrys Ltd (ASX:PAB) has fielded new pre-clinical data for its lead asset, PAT-DX1, which strongly back the drug’s continued development to improve patient outcomes in high-grade glioma (HGG), a fast growing and clinically challenging form of brain cancer. Click here Great Boulder Resources Ltd (ASX:GBR) has delivered a thick shallow gold intersection from its recent reverse circulation (RC) drilling at the Ironbark discovery, situated at the Side Well Gold Project, near Meekatharra in Western Australia. Click here Technology...

Magic Empire Global Limited Announced Closing of Initial Public Offering

Written by Customer Service on August 10, 2022. Posted in Public Companies.

Hong Kong, Aug. 10, 2022 (GLOBE NEWSWIRE) — Magic Empire Global Limited (Nasdaq: MEGL) (the “Company” or “Magic Empire”), a financial services provider in Hong Kong which principally engage in the provision of corporate finance advisory services and underwriting services, today announced the closing of its initial public offering (the “Offering”) of 5,000,000 ordinary shares at a price of $4.00 per share. The aggregate gross proceeds from the Offering were $20 million, before deducting underwriting discounts and other related expenses. The ordinary shares began trading on The Nasdaq Capital Market on August 5, 2022 under the ticker symbol “MEGL.” The Offering was conducted on a firm commitment basis. Network 1 Financial Securities, Inc. acted as sole book runner and lead underwriter for the Offering. A registration statement on...

Alkaline Fuel Cell Power Announces Development of Fuel Cells for Off-Grid and Back-Up Generator Markets

Written by Customer Service on August 10, 2022. Posted in Public Companies.

Figure 1 Image 1TORONTO, Aug. 10, 2022 (GLOBE NEWSWIRE) — Alkaline Fuel Cell Power Corp. (NEO: PWWR) (OTCQB: ALKFF) (Frankfurt: 77R, WKN: A3CTYF) (“AFCP” or the “Company”), a diversified investment platform developing affordable, renewable, and reliable energy assets and cleantech, is pleased to announce that the Company is supplementing the ongoing development of our 4 kW Combined Heat and Power (“CHP”) fuel cell by developing a range of fuel cells that target more immediate revenue opportunities within the off-grid and back-up generator markets. “A number of global pressures are driving rapid growth and accelerating the revenue potential of the generator market at a pace that exceeds the mass home market, and AFCP is ideally positioned to use our cost-effective alkaline technology to meet this growing demand,” commented Frank...

Post Holdings Announces Pricing of Convertible Senior Notes Offering

Written by Customer Service on August 10, 2022. Posted in Public Companies.

ST. LOUIS, Aug. 09, 2022 (GLOBE NEWSWIRE) — Post Holdings, Inc. (NYSE:POST) (the “Company” or “Post”) today announced the pricing of its previously announced offering of the Company’s 2.50% convertible senior notes maturing in 2027 (the “Notes”) to eligible purchasers. In addition, the offering size was increased from $400.0 million to $500.0 million in aggregate principal amount of the Notes. Post also granted the initial purchasers of the Notes an option to purchase, for settlement within a period of 13 days beginning on, and including, the date the Notes are first issued, up to an additional $75.0 million in aggregate principal amount of the Notes. The issuance and sale of the Notes are expected to settle on August 12, 2022, subject to customary closing conditions. The Notes will be unsecured, senior obligations of the Company...

LATAM Receives US Court and Shareholder Approval on Plan of Reorganization, Secures Exit Financing and Moves Forward With Plan Implementation Requirements

Written by Customer Service on August 10, 2022. Posted in Public Companies.

Santiago, Chile, Aug. 09, 2022 (GLOBE NEWSWIRE) — LATAM Group announced today its consolidated financial results for the second quarter of the year, which reflect a gradual recovery of the operation, reaching a consolidated capacity (measured in ASK) of 72.6% compared to 2019 levels, which in turn represents more than double the capacity of the same quarter of 2021, growing by 135.2%. This recovery of capacity is mainly explained by the solidity of the domestic markets in Brazil, Colombia and Ecuador, in addition to the recovery of international operations, and takes place in a context marked by a sharp increase in fuel prices. During the period, the group’s total operating revenues reached US$2.226 billion, 6.1% less than in 2019, but showed an increase of 150.5% compared to last year. In turn, total operating expenses increased...

UPDATE – OptimizeRx Reports Second Quarter 2022 Financial Results, Innovative Platform Expansions Now Extends Reach to HCPs Across Social Media and Patients at Point-of-Dispense

Written by Customer Service on August 10, 2022. Posted in Earnings Releases And Operating Results.

Revenue Up 3% to $14.0 million, driven by new customer and program launches Increase in breadth and scope of brand deal size represents further momentum in the validation of our value proposition Generated $4.4 million in cash flow from operations during the first half of 2022ROCHESTER, Mich., Aug. 09, 2022 (GLOBE NEWSWIRE) — OptimizeRx Corp. (the “Company”) (Nasdaq: OPRX), a leading provider of point-of-care technology solutions helping patients start and stay on therapy, reported results for the three months ended June 30, 2022. Quarterly comparisons are to the same year-ago period. Rolling Twelve Months EndedJune 30,Key Performance Indicators (KPIs)* 2022 2021 Average revenue per top 20 pharmaceutical manufacturer $ 2,389,969 $ 2,361,254 Percent of top 20 pharmaceutical manufacturers that are customers 95 % 85 %Percent...

PhenixFIN Corporation Announces Fiscal Third Quarter 2022 Financial Results

Written by Customer Service on August 10, 2022. Posted in Earnings Releases And Operating Results.

NEW YORK, Aug. 09, 2022 (GLOBE NEWSWIRE) — PhenixFIN Corporation (NASDAQ: PFX) (the “Company”), a publicly traded business development company, today announced its financial results for the fiscal third quarter of 2022. HighlightsDuring the third quarter total investment income of $3.7 million; net investment income of $0.2 million Net asset value (NAV) of $129.1 million, or $58.74 per share as of June 30, 2022, vs. $57.08 per share as of September 30, 2021 Weighted average yield to maturity of 9.09% on debt investments FlexFIN continues to grow with over $40 million allocated to the businessDavid Lorber, Chief Executive Officer of the Company, stated: “During the third quarter the portfolio performed relatively well given the market environment as we continued generating positive Net Investment Income. While during...

The Keg Royalties Income Fund Announces Second Quarter 2022 Results

Written by Customer Service on August 9, 2022. Posted in Earnings Releases And Operating Results.

Not for distribution to U.S. News wire services or dissemination in the U.S. VANCOUVER, British Columbia, Aug. 09, 2022 (GLOBE NEWSWIRE) — The Keg Royalties Income Fund (the “Fund”) (TSX: KEG.UN) is pleased to announce its financial results for the three months ended June 30, 2022 (the “quarter”) and the six months ended June 30, 2022 (“YTD”). HIGHLIGHTSRoyalty Pool sales(1) up 197.4% to $176.4M for the quarter and up 148.7% to $318.1M YTD KRL system sales(1) up 197.3% to $176.4M for the quarter and up 148.7% to $318.1M YTD Distributable cash(1) up 199.6% to 29.8 cents/Fund unit for the quarter and up 181.2% to 51.9 cents/Fund unit YTD Payout ratio(2) was 95.2% for the quarter and 109.3% YTDRoyalty Pool sales reported by the 107 Keg restaurants in the Royalty Pool were $176,364,000 for the quarter, an increase of $117,066,000...

Month: August 2022

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