Month: February 2023

Amsterdam, 15 February 2023 – Heineken N.V. (EURONEXT: HEIA; OTCQX: HEINY) announces:  Key HighlightsRevenue growth 30.4% Net revenue (beia) 21.2% organic growth; per hectolitre 13.9% Beer volume 6.9% organic growth; premium beer volume 11.4%; Heineken® volume 12.5% Gross savings at €1.7 billion, on-track to deliver ahead of €2 billion by 2023 Operating profit €4,283 million; operating profit (beia) 24.0% organic growth Operating profit (beia) margin 15.7% Net profit €2,682 million; net profit (beia) 30.7% organic growth Diluted EPS (beia) €4.92 (2021: €3.54) Full year 2023 outlook unchanged, operating profit (beia) expected to grow organically mid- to high-single-digit  CEO StatementDolf van den Brink, Chairman of the Executive Board / CEO, commented: “I am pleased that we delivered a strong set of results...

Trondheim, 15 February 2023: NORBIT reported record high revenues of NOK 347.3 million in the fourth quarter of 2022, an increase of 40 per cent compared to the corresponding period of last year. For the full year, revenues increased by 48 per cent to NOK 1 167.5 million. The EBITDA result was NOK 66.5 million in the fourth quarter, and NOK 235.3 million for the full year, corresponding to a margin of 19 and 20 per cent, respectively. The board of directors proposes a dividend of NOK 0.70 per share for the fiscal year 2022, in line with the dividend policy. Per Jørgen Weisethaunet, CEO of NORBIT:   “Our highly dedicated workforce continues to deliver value to our customers, partners and stakeholders. We are proud to report the highest revenues in the company’s history, with all business segments contributing to the positive development....

(Bergen, 15 February 2023) Mowi recorded record–high revenues of 1,362 million euros in the fourth quarter of 2022. Operational profit was 239 million euros, compared with 146 million euros in the corresponding quarter of 2021. The fourth quarter cemented a record year for Mowi financially. For the first time in its nearly 60-year history the company crossed the one-billion-euro earnings mark with operational profit for the full year reaching 1,005 million euros. Revenue of 4,946 million euros was also a new record for the company. “I would like to express my enormous appreciation to all of my 11,500 colleagues in the organisation without whose dedication and hard work these milestone results would not have been possible,” said Mowi CEO Ivan Vindheim. Mowi harvested 131,000 tonnes in the quarter and a total of 464,000 tonnes in 2022,...

The consolidated sales revenue of Hepsor for the 2022 financial year amounted to 12.9 million euros (including 7.2 million euros in Q4 2022) and the net profit was 1.3 million euros (including a net profit of 1.5 million euros in Q4 2022). In 2022, the Group completed three residential and three commercial property projects. The sales revenue for the financial year has been mainly generated from the sale of completed residential development projects. As of the end of 2022, we have handed over 45 apartments to home buyers in Latvia, including 26 apartments in the 4b Strēlnieku, 18 apartments in the 9 Baložu and 1 apartment in the 24 Āgenskalna development projects, and 40 apartments in the Paevälja Hoovimajade development project in Estonia. The sale of 76 apartments and 1,487 sqm of commercial space in the Priisle Kodu development project...

POTOMAC, Md., Feb. 14, 2023 (GLOBE NEWSWIRE) — via InvestorWire — India Globalization Capital, Inc. (dba IGC, Inc.) (NYSE American: IGC) (“IGC” or the “Company”) today reported its third fiscal quarter 2023 financial results. Third Fiscal Quarter 2023 Highlights:The Company expanded the number of sites participating in its Phase 2 clinical trial on IGC-AD1 for agitation in dementia from Alzheimer’s disease to a total of four – three in the U. S. and one in Canada. The Company is encouraged by the patient enrollment and interest from many of the leading research centers and has decided to increase the number of trial sites to between 10 and 12 from the originally planned four to five. This will help accelerate the timeline for completion and diversify the patient demographics. The trial will enroll 146 patients, with one...

HAUPPAUGE, N.Y., Feb. 14, 2023 (GLOBE NEWSWIRE) — Forward Industries, Inc. (NASDAQ:FORD), a global design, manufacturing, sourcing and distribution group, today announced financial results for its first quarter ended December 31, 2022. First Quarter Fiscal Year 2023 Financial Highlights  Revenues were $10.8 million, a decrease of 6.9% from $11.6 million for the first quarter of fiscal year 2022.Gross margin declined to 17.7% compared to 22.5% for the first quarter of fiscal year 2022.Operating loss was $0.5 million compared to operating income of $0.2 million for the first quarter of fiscal year 2022.Net loss was $0.4 million compared to net income of $0.2 million for the first quarter of fiscal year 2022.Basic and diluted (loss)/earnings per share was $(0.04) compared to $0.02 for the first quarter of fiscal year 2022.Cash...

HighlightsFourth quarter revenue of $2.5 billion, up 9.1% year-over-year; including organic revenue growth1 of 7.5%; net income attributable to GXO of $46 million; adjusted EBITDA1 of $205 million; diluted EPS of $0.39 and adjusted diluted EPS1 of $0.83 Full year revenue of $9.0 billion, up 13.3% year-over-year; including organic revenue growth of 15.4%; net income attributable to GXO of $197 million; adjusted EBITDA1 of $728 million; diluted EPS of $1.67 and adjusted diluted EPS1 of $2.85 Full year cash flow from operating activities of $542 million and free cash flow1 of $240 million; equivalent to over 30% of adjusted EBITDA1 Reaffirming 2023 guidance communicated at Investor DayBusiness HighlightsIn the fourth quarter we closed $182 million of new wins; secured $661 million incremental revenue for 2023 through fourth quarter...

QUEBEC CITY, Feb. 14, 2023 (GLOBE NEWSWIRE) — Robex Resources Inc. (“Robex “, “the Group” or “the Company“) (TSX-V: RBX) today announced its operating results for the fourth quarter of 2022.Operating results: Quarters endedDecember 31   Twelve-month periodsended December 31    2022   2021   2022   2021  Operating data        Ore mined (tons) 531 742   571 803   2 229 467   2 051 724  Ore processed (tons) 517 486   519 749   2 025 464   1 948 284  Sterile extracted (tons) 2 661 160   1 754 426   8 994 701   10 308 962  Stripping Ratio 5,0   3,1   4,0   4,0  Treated grade (g/t) 0,76   0.80   0,82   0,79  Recovery (%) 87,6 %   91,6%   88,3 %   91,4%  Gold production in ounces 11 252   13 471   46 651   46 552  For the twelve-month period ended December 31, 2022,...

SEATTLE, Feb. 14, 2023 (GLOBE NEWSWIRE) — Rover Group, Inc. (Nasdaq: ROVR) (“Rover” or the “Company”), the world’s largest online marketplace for pet care, today announced that it will report fourth quarter and full year 2022 financial results after market close on Monday, February 27, 2023. On the same day, management will host a conference call and webcast to discuss Rover’s financial results, recent developments, and business outlook at 1:30 p.m. PT (4:30 p.m. ET).What: Rover Fourth Quarter and Full Year 2022 Financial Results Conference CallWhen: Monday, February 27, 2023Time: 1:30 p.m. PT (4:30 p.m. ET)Live Call: Register Here for Dial-In Number and PINLive Webcast: https://investors.rover.com/A copy of the press release with the financial results will be available on Rover’s Investor Relations website at...