Day: February 10, 2023

Hofseth Biocare ASA: FOURTH QUARTER 2022 & FULL YEAR FINANCIAL REPORT

Written by Customer Service on February 10, 2023. Posted in Earnings Releases And Operating Results.

In Q4, the ingredients business continued to show favorable momentum with growth of 87 %, compared to same quarter last year on an underlying basis, generating sales revenues of NOK 34m, compared to NOK 18m in the same period last year. The finished goods business delivered record fourth quarter and Full Year revenue and cash margin, with revenue at +68 %, NOK 31.7m, compared to 18.8m in the same period in 2021, and the fourth quarter alone delivering NOK 10.7m, compared to 3.7m last year. HBC has seen a 103 % increase in sales from 31m in the second half of 2021, to 63m in H2 2022. In addition, we have lowered cost base and increased our gross margins on all products. Cash flow from operations during the fourth quarter was NOK -5.5m, compared to NOK -16.2m in fourth quarter last year. Cash and cash equivalents decreased by NOK 13.8m...

AKVA group ASA: Q4 2022 financial reporting

Written by Customer Service on February 10, 2023. Posted in Earnings Releases And Operating Results.

Maintaining revenue growth on the back of strong order intake but still challenging profitability in Land Based AKVA group delivered revenue for Q4 of MNOK 779 (833), a decrease of 6% compared to Q4 2021. EBITDA decreased from MNOK 61 in Q4 2021 to MNOK 27 in Q4 2022. Strong order intake of MNOK 889 (742) in Q4 and order backlog of BNOK 1.7 at the end of December 2022. Award of new RAS contract (February 2023) with NOAP for next 4,000 tonnes (phase 2). Estimated contract value of MEUR 40. Market for post smolt project in Norway still on hold due to the resource tax. At the end of 2021 AKVA group experienced challenging profit margins due to costs from high inflation rates and global supply chain restrictions. This was further intensified during first half of 2022 due to the war between Ukraine and Russia. Examples include increased...

Sanoma Corporation, Full-Year 2022 Result: Net sales continued to grow and operational EBIT was affected by inflation

Written by Customer Service on February 10, 2023. Posted in Earnings Releases And Operating Results.

Sanoma Corporation, Stock Exchange Release, 10 February 2023 at 8:30 EET Sanoma Corporation, Full-Year 2022 Result: Net sales continued to grow and operational EBIT was affected by inflation This release is a summary of Sanoma’s Full-Year 2022 Result. The complete report is attached to this release and is also available at www.sanoma.com/en/investors. Q4 2022The Group’s net sales grew to EUR 260 million (2021: 252). The positive impact of the acquisition of Pearson Italy and Germany was partially offset by lower advertising sales. The Group’s comparable growth was ‑3% (2021: 6%). Operational EBIT excl. PPA was seasonally negative and amounted to EUR -2 million (2021: -5). EBIT was EUR -21 million (2021: -19). Items affecting comparability (IACs) increased to EUR -8 million (2021: -5) and were mainly related to recent acquisitions in...

AKWEL: 2022 TURNOVER UP 7.1%

Written by Customer Service on February 10, 2023. Posted in Earnings Releases And Operating Results.

Thursday 09 February 2023 2022 TURNOVER UP 7.1% AKWEL (FR0000053027, AKW, PEA-eligible), the automotive and HGV equipment and systems manufacturer specialising in fluid and mechanism management and structural parts for electric vehicles, posted consolidated revenue of €988.5m for 2022. Consolidated turnover (1 January to 31 December)In € millions – unaudited 2022 2021 Variation Like-for-like variation (1)1st quarter 245.8 273.3 -10.1% -4.4%2nd quarter 242.3 214.3 +13.1% +16.9%3rd quarter 251.1 211.5 +18.7% +22.3%4th quarter 249.4 223.5 +11.5% +14.6%Total for 12 months 988.5 922.6 +7.1% +11.3%(1) Comparing like-for-like figures. In the last quarter, AKWEL posted a consolidated turnover of €249.4 million, up by 11.5% when comparing published figures and by 14.6% when taking exchange rates and scope as...

Sproule Announces Agreement to Acquire SGS’s Global Subsurface Consultancy

Written by Customer Service on February 10, 2023. Posted in Mergers And Acquisitions.

Sproule Announces Agreement to Acquire SGS’s Global Subsurface Consultancy Sproule is pleased to announce an agreement to acquire SGS S.A.’s (“SGS”) Subsurface Consultancy (“SSC”) based in the Netherlands. This acquisition combines SSC’s deep bench and extensive track record in reservoir studies, expert witness testimony, and advisory services with Sproule’s growing global platform. The combined expertise, industry contacts, and technical acumen will offer an even more compelling value proposition to clients. SSC will be integrated with Sproule’s existing team in the Netherlands. The transaction is set to close on March 1, 2023.Calgary, Feb. 10, 2023 (GLOBE NEWSWIRE) — Sproule, a leading global energy consulting and advisory firm, is pleased to announce an agreement to acquire SGS S.A.’s (“SGS”) Subsurface Consultancy (“SSC”)...

Martela Corporation’s Financial Statements 1 January – 31 December 2022

Written by Customer Service on February 10, 2023. Posted in Earnings Releases And Operating Results.

The January–December 2022 revenue increased and operating result improved compared to previous year. October–December 2022Revenue was EUR 27.1 million (29.6), representing a change of -8.2% Comparable operating result was EUR 0.2 million (1.8) Operating result was EUR 0.2 million (1.4) Operating profit per revenue was 0.6% (4.9%) The result for the period was EUR 0.7 million (1.2) Earnings per share amounted to EUR 0.15 (0.26)January–December 2022Revenue was EUR 106.7 million (91.9), representing a change of 16.1% Comparable operating result was EUR 1.0 million (-0.3) Operating result was EUR 2.5 million (-1.3) Operating profit per revenue was 2.3% (-1.4%) The result for the period was EUR 2.6 million (-2.4) Earnings per share amounted to EUR 0.57 (-0.53)Outlook Outlook for 2023 Martela anticipates its revenue to stay on same...

Threat Intelligence Market [2023-2030] Size, Share, Trends, Growth, Analysis Report | By Fortune Business Insights

Written by Customer Service on February 10, 2023. Posted in Mergers And Acquisitions.

According to Fortune Business Insights, the threat intelligence market size is expected to grow significantly in the coming years. North America is expected to hold the largest Threat Intelligence Market share, due to the presence of a large number of tech companies and the adoption of advanced technologies in the region. Pune, India, Feb. 10, 2023 (GLOBE NEWSWIRE) — According to Fortune Business Insights, the threat intelligence market size is expected to grow significantly in the coming years. The increasing number of cyber-attacks and data breaches is driving the demand for threat intelligence solutions and services. Organizations across various industries are investing in threat intelligence to protect themselves from cyber threats, reduce the risk of data breaches, and comply with regulatory requirements. In addition, the...

Global Entertainment Holdings Completes Share Exchange Merger with Mesa Garage Doors

Written by Customer Service on February 10, 2023. Posted in Mergers And Acquisitions.

LOS ANGELES, Feb. 09, 2023 (GLOBE NEWSWIRE) — Global Entertainment Holdings, Inc. (OTC: GBHL) (the “Company” or “Global”), an independent global entertainment content production and OTT streaming distribution company, today announced the completion of a share exchange transaction with DCE Construction, Inc., d/b/a Mesa Garage Doors (“Mesa”), a Southern California-based leader in home improvement solutions focused on selling, servicing and installing garage and entry doors as well as custom gates. This transaction follows an initial transaction which closed on January 9, 2023 where the founders of Mesa purchased a controlling interest in the Company through the acquisition of the substantial majority of Global’s Series C Convertible Preferred Stock. The transaction was effected through a Share Exchange and...

The Keg Royalties Income Fund announces February 2023 cash distribution

Written by Customer Service on February 10, 2023. Posted in Dividend Reports And Estimates.

VANCOUVER, British Columbia, Feb. 09, 2023 (GLOBE NEWSWIRE) — The Keg Royalties Income Fund (the “Fund”) (TSX: KEG.UN) today announced that its February 2023 distribution of $0.0946 per unit has been declared and is payable to unitholders of record as at February 21, 2023. The February 2023 distribution will be paid on February 28, 2023. The Fund is a limited purpose, open-ended trust established under the laws of the Province of Ontario that, through The Keg Rights Limited Partnership, a subsidiary of the Fund, owns certain trademarks and other related intellectual property used by Keg Restaurants Ltd. (“KRL”). In exchange for use of those trademarks, KRL pays the Fund a royalty of 4% of gross sales of Keg restaurants included in the royalty pool. With approximately 10,000 employees, over 100 restaurants and annual system sales...

Goal Acquisitions Corp. and Digital Virgo Announce Confidential Submission of Registration Statement in Connection with the Proposed Business Combination

Written by Customer Service on February 10, 2023. Posted in Mergers And Acquisitions.

LYON, France and AUSTIN, Texas, Feb. 09, 2023 (GLOBE NEWSWIRE) — Goal Acquisitions Corp. (Nasdaq: PUCK) (“Goal”), a publicly traded special purpose acquisition company, and Digital Virgo Group (“Digital Virgo”), a global leader providing access to mobile content, entertainment, and commerce payable on a phone bill, that is building a one destination hub enabling users to access the services and products they want with just a mobile device—no credit card or bank account needed, using carrier billing solutions or alternative payment methods, today announced the confidential submission on February 8, 2023 with the U.S. Securities and Exchange Commission (the “SEC”) of a draft registration statement on Form F-4 in relation to a previously announced business combination between Goal and Digital Virgo (“Business Combination”). The agreement...

Day: February 10, 2023

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