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Day: November 9, 2022

Mooring Buoy Market Size Worth USD 1.09 Billion, Globally, by 2028 at 5.5% CAGR

According to Fortune Business Insights, the global Mooring Buoy market size is projected to grow from USD 0.73 billion in 2020 to USD 1.09 billion in 2028, at CAGR of 5.5% during forecast period. Pune, India, Nov. 09, 2022 (GLOBE NEWSWIRE) — The global Mooring Buoy Market Size is expected to gain momentum by reaching USD 1.09 billion by 2028 while exhibiting a CAGR of 5.5% between 2021 to 2028. In its report titled “Mooring Buoy Market, 2021-2028,” Fortune Business Insight mentions that the market stood at USD 0.75 billion in 2021. Buoy is used in several offshore activities such as it helps in maintaining the ship location foe desired period of time. These also used as navigating symbol to ensure safety of explorers. In addition, oil and gas industry have been the front runner, as it involves the use of floating production vessels,...

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Furniture Market to Hit USD 720.2 Billion by 2028 | Furniture Industry to Generate 5.5% CAGR during (2021-2028)

Companies covered in Furniture Market are Harman Miller Inc. (Michigan, U.S.), Steelcase Inc. (Michigan, U.S.), HNI Corporation (Lowa, U.S.), Ashley Furniture Industries Inc. (Wisconsin, U.S.), Duff & Phelps, LLC. (New York, U.S.), Global Furniture USA (New Jersey, U.S.), ZouYou (Shenzhen, China), P & C ArteMobili SA (Nova Prata, Brazil), Saudi Modern Factory Co. (Riyadh, Saudi Arabia), DEDON GmbH (Luneburg, Germany), Dare Studio (Worthing, England), and more players profiled. Pune, India, Nov. 09, 2022 (GLOBE NEWSWIRE) — According to Fortune Business Insights, the global furniture market size was USD 475.4 billion in 2020. The market is projected to grow from USD 493.6 billion in 2021 to USD 720.2 billion by 2028 at a CAGR of 5.5% in the 2021-2028 period. This information is provided by Fortune Business Insights™,...

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Refractories Market to Rise USD 44.82 Billion by 2029 | CAGR of 4.5% during 2022-2029

Companies covered in refractories market are Intocast Group (Germany), Alsey Refractories Co. (U.S.), Magnezit Group (Russia), Imerys (France), RHI Magnesita (Austria), Saint-Gobain (France), Vesuvius (U.K.), Puyang Refractories Group Co., Ltd. (China), Refratechnik (Germany), Ruitai Materials Technology Co., Ltd. (China), Kaefer (Norway), Plibrico Company, LLC (U.S.), Krosaki Harima Corporation (Japan) and others. Pune, India, Nov. 09, 2022 (GLOBE NEWSWIRE) — According to a report by Fortune Business Insights™, titled “Refractories Market, 2022-2029″, Refractory customization to meet the global demand will further drive the market growth. The growth of this market is driven by increasing demand across major industrial sectors including iron, steel, and other metals, glass, cement, paper & pulp, and petrochemicals....

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Flat Steel Market to Record USD 783.71 Billion by 2029 | CAGR of 5.8% During 2022-2029

Companies covered in flat steel market are ArcelorMittal (Luxembourg), NIPPON STEEL CORPORATION (Japan), Ezz Steel (Egypt), Tata Steel (India), HBIS Group (China), Voestalpine Group (Austria), ThyssenKrupp Steel Europe (Germany), Metals USA (U.S.), POSCO (South Korea), Yieh Corp. (Taiwan), and more players profiled. Pune, India, Nov. 09, 2022 (GLOBE NEWSWIRE) — The global flat steel market size was valued at USD 504.46 billion in 2021. The market is expected to grow from USD 526.89 billion in 2022 to USD 783.71 billion by 2029, exhibiting a CAGR of 5.8% during the forecast period. Increasing adoption of flat steel from several industries is expected to enhance market growth. Fortune Business Insights™ shares this information in its report titled “Flat Steel Market, 2022-2029.” COVID-19 Impact Disruptions in Supply Chain...

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BioPorto Announces Interim Results for the First Nine Months of 2022

Announcement no. 15 COPENHAGEN, Denmark and BOSTON, Nov. 09, 2022 (GLOBE NEWSWIRE) — BioPorto A/S (BioPorto) (CPH:BIOPOR) today announced interim financial results for the first nine months of 2022 and business progress for the third quarter of 2022. Recent HighlightsFor the nine months ending September 30, 2022:Total revenue of DKK 20.3 million / USD 2.9 million, a 16% increase over the prior year Adjusted EBITDA of DKK (49.5) million / USD (7.2) million Cash and cash equivalents of DKK 98.9 million / USD 13.0 million as of September 30, 2022 (DKK 59.6 million / USD 9.3 million as of September 30, 2021)For the third quarter ending September 30, 2022:Total revenue of DKK 5.3 million / USD 0.7 million, a 0.4% decrease over the prior year Adjusted EBITDA of DKK (17.1) million / USD (2.3) millionBioPorto continues preparations...

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BioPorto Announces Interim Results for the First Nine Months of 2022

November 9, 2022 Announcement no. 15 BioPorto Announces Interim Results for the First Nine Months of 2022 COPENHAGEN, Denmark and BOSTON, MA, USA, November 9, 2022, (GLOBE NEWSWIRE) — BioPorto A/S (BioPorto) (CPH:BIOPOR) today announced interim financial results for the first nine months of 2022 and business progress for the third quarter of 2022. Recent HighlightsFor the nine months ending September 30, 2022:Total revenue of DKK 20.3 million / USD 2.9 million, a 16% increase over the prior year Adjusted EBITDA of DKK (49.5) million / USD (7.2) million Cash and cash equivalents of DKK 98.9 million / USD 13.0 million as of September 30, 2022 (DKK 59.6 million / USD 9.3 million as of September 30, 2021)For the third quarter ending September 30, 2022:Total revenue of DKK 5.3 million / USD 0.7 million, a 0.4% decrease over the...

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Verona Pharma Reports Third Quarter 2022 Financial Results and Provides Corporate Update

Access to up to $400 million expected to provide cash runway through at least 2025 Top-line Phase 3 ENHANCE-1 data expected around the end of 2022 Conference call today at 9:00 a.m. EST / 2:00 p.m. GMT LONDON and RALEIGH, N.C., Nov. 09, 2022 (GLOBE NEWSWIRE) — Verona Pharma plc (Nasdaq: VRNA) (“Verona Pharma” or the “Company”), a clinical-stage biopharmaceutical company focused on respiratory diseases, announces its financial results for the three months ended September 30, 2022, and provides a corporate update. “We have significantly strengthened our financial position with access up to approximately $400 million, through our cash on hand and recently announced $150 million debt facility from Oxford Finance,” said David Zaccardelli, Pharm. D., President and Chief Executive Officer. “We expect these funds to extend our cash runway...

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Bavarian Nordic Announces Interim Results for the First Nine Months of 2022

COPENHAGEN, Denmark, November 9, 2022 – Bavarian Nordic A/S (OMX: BAVA) announced today its interim financial results for the first nine months of 2022 and business progress for the third quarter of 2022. Paul Chaplin, President & Chief Executive Officer of Bavarian Nordic said: “These are exciting times for Bavarian Nordic as we have continued to expand our activities to support the global response against monkeypox, while also running two global Phase 3 trials of our late-stage pipeline assets. We are highly encouraged to see how our vaccines can truly make a difference by providing comfort for the populations at-risk and helping to change the course of the monkeypox outbreak. More than 1 million people have received our vaccine since the beginning of the outbreak and the number grows day by day and we have already secured significant...

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First nine months 2022 results: SCOR takes action to restore profitability in a challenging environment

Press Release November 9, 2022 – N° 17 First nine months 2022 results SCOR takes action to restore profitability in a challenging environmentGross written premiums of EUR 14,827 million in the first nine months of 2022, up 6.2%1 compared with 9M 2021 Net loss of EUR -509 million in the first nine months of 2022, compared with EUR 339 million net income in 9M 2021 Shareholders’ equity of EUR 5,430 million at the end of September 2022, implying a book value per share of EUR 30.39, down -13.8% from December 2021 (EUR 35.26) Estimated solvency ratio of 217% at the end of September 2022, at the high end of SCOR’s optimal rangeSCOR SE’s Board of Directors met on November 8, 2022, under the chairmanship of Denis Kessler, to approve the Group’s first nine months 2022 financial statements2. Key highlights: In the third quarter...

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