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Day: March 8, 2023

Bioenergy Market Size Expected to Rise USD 642.71 billion at CAGR 8.0% by 2027

Bioenergy Market to Reach USD 642.71 billion by 2027; Players Such as EnviTech and Drax Group to Focus on Capitalizing Government Incentives for Renewables: Fortune Business Insights™ Pune, India, March 08, 2023 (GLOBE NEWSWIRE) — The global bioenergy market size was USD 344.90 billion in 2019. The market is expected to hit USD 642.71 billion by 2027 at a CAGR of 8.0% in the 2020-2027 period. This information is provided by Fortune Business Insights, in its report titled, “Bioenergy Market, 2020-2027.” Deepening commitment to the 2015 Paris Climate Change Agreement will be a critical factor augmenting the growth of this market. Market Driver Rapid Depletion of Fossil Fuels to Accelerate the Bioenergy Market Growth The world overly dependent on fossil fuels to satisfy its energy demands. For example, in the US, fossil fuels...

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Lleida.net increases sales by 15% in 2022 and exceed 20 million euros, in its best earnings results to date

Sisco Sapena, CEO and Founder of Lleida.net Sisco Sapena, CEO of Lleida.net, a Spanish company listed in New York, Paris, and Madrid, which just reported its best earnings results since its 1995 foundation.MADRID, Spain, March 08, 2023 (GLOBE NEWSWIRE) — The technology services company Lleida.net (BME:LLN) (EPA:ALLLN) (OTCQX:LLEIF) increased its sales by 15 percent in 2022 compared to the previous year, and closed the year with 20.67 million euros in turnover. This more than €20 million represents a growth in sales of €2.7 million. This is the record turnover figure in the company’s history and the result of an increase in the results of all business lines, with the exception of recruitment, which has been affected by the economic cycle. The company, a European leader in the certified electronic signature, notification,...

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Heat Pump Market Size [2023-2030] | Industry Analysis by Share, Trends, And Growth Forecast Report

Heat Pump Market to Gain from Increasing Demand from Residential and Commercial Sectors: Fortune Business Insights Pune, India, March 08, 2023 (GLOBE NEWSWIRE) — The global heat pump market size is projected to gain impetus from a rise in the demand for heating and cooling due to an ever-increasing population. Fortune Business Insights, in an upcoming report, titled, “Heat Pump Market Size, Share and Global Trend By Type (Air Source Heat Pump, Water Source Heat Pump, Ground Source Heat Pump), By Application (Residential, Commercial, Industrial) and Geography Forecast till 2026,” states that heat pumps provide economic benefits by decreasing the overall energy expenses. It is projected to boost the global market growth during the forecast period. The report highlights the CAGR and estimated heat pump market share of the global market...

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Smoke Detector Market Size Expected to Rise USD 3,380.8 million at CAGR 7.5% by 2026

Smoke Detector Market to Reach USD 3,380.8 million by 2026; Rising Demand for Smart Fire Alarms in Industrial Plants to Bolster Market Opportunities: Fortune Business Insights™ Pune, India, March 08, 2023 (GLOBE NEWSWIRE) — The global smoke detector market size was USD 1,904.4 million in 2018. The market is expected to hit USD 3,380.8 million by 2026 at a CAGR of 7.5% in the 2019-2026 period. This information is provided by Fortune Business Insights, in its report titled, “Smoke Detector Market, 2019-2026.” Rising number of fire accident cases across the globe will be a major growth-driving factor for this market. According to a study conducted by Institute for Health Metrics and Evaluation at the University of Washington, fire-related accidents caused nearly 9 million injuries and were responsible for over 120,000 deaths...

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Copiers Market Growth [2023-2030] | Industry Share, Size, Trends And Global Forecast Report

Copiers Market Major Manufacturers Covered in The Market Report Include: Xerox, Ricoh, HP, Lexmark, Canon Inc., Kyocera, Sharp, Konica Minolta, Brother International, Samsung Electronics, Dell Pune, India, March 08, 2023 (GLOBE NEWSWIRE) — The global copiers market size is estimated to expand on account of the transition from analog technologies to digital copying technologies, shares Fortune Business Insights™, in its report, titled, “Copiers Market, 2023-2030.” The most recent operation technology of copiers is known as xerography, which is a dry system that utilizes heat infused techniques. Copiers use other low-end technologies such as inkjets, suitable for residential and office purposes. The increasing usage of electronic devices, such as laptops, computers, mobile phones, and others has demanded an upgradation...

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Elis: Full-year 2022 results

Very good 2022 performance: record revenue, EBITDA, EBIT and headline net result Marked pick-up in hospitality and satisfactory pricing adjustments in a context of high inflation Acceleration of Group deleveraging Elis’ 2022 financial performance confirms the strength of its business model despite the uncertain macro environmentRecord revenue at €3,820.9m (+25.3%, of which +21.0% on an organic basis) Record adjusted EBITDA at €1,259.6m (33.0% as a % of revenue, down -150bps) Record adjusted EBIT at €543.7m (14.2% as a % of revenue, up +150bps) Record headline net income at €353.2m, up +58.7% Record headline net income per share at €1.54, up +57.0% (€1.46 on a fully diluted basis, up +53.9%) Free cash flow (after lease payments) at €224.9m, close to the record level of 20212022 marked by the recovery in hospitality, very good commercial...

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Inbank Audited Annual Report for 2022

AS Inbank consolidated annual report 2022 has been enclosed with the announcement and will be made available on Inbank’s website at https://inbank.ee/en/investor/reports/. Compared to the unaudited interim report published on 28 February 2023, there are no differences in the audited financial results.In 2022 Inbank earned a net profit of 21.1 million euros which is 92% more than the year before. The annual return on equity was 23.3%.  Inbank’s loan portfolio increased by 25% annually reaching 755 million euros. At the same time, the deposit portfolio grew 34%, reaching 829 million euros at year-end. At the end of 2022, Inbank’s total assets exceeded 1 billion euros.  Gross merchandise value reached 577 million euros and grew 10% year-on-year. Growth was driven by sales finance, which contributed almost 337 million euros. By the end...

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Magna Announces Senior Notes Offerings

AURORA, Ontario, March 07, 2023 (GLOBE NEWSWIRE) — Magna International Inc. (TSX: MG; NYSE: MGA) today announced that it has entered into underwriting agreements in respect of the offering of two series of U.S. dollar denominated senior notes (“U.S. dollar senior notes”) and one series of Euro denominated senior notes (“Euro senior notes”), as follows:  Principal AmountMaturityAnnual Interest RateU.S. Dollar Senior Notes      Series 1 U.S. dollar $300,000,000 March 21, 2026 5.980%Series 2 U.S. dollar $500,000,000 March 21, 2033 5.500%       Euro Senior Notes €550,000,000 March 17, 2032 4.375%Magna intends to use the net proceeds from the offering of U.S. dollar senior notes to finance a portion of the cost of its proposed acquisition of the Veoneer Active Safety business (the “Veoneer Acquisition”) and...

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Portillo’s Inc. Announces Pricing of Offering of Class A Common Stock in “Synthetic Secondary” Transaction

CHICAGO, March 07, 2023 (GLOBE NEWSWIRE) — Portillo’s Inc. (“Portillo’s” or the “Company”) (Nasdaq: PTLO), the fast-casual restaurant concept known for its menu of Chicago-style favorites, today announced the pricing of its previously announced underwritten public offering of 8,000,000 shares of Portillo’s Class A common stock (“Class A common stock”). The shares have been offered at a price to the public of $21.05 per share. The offering is expected to close on March 10, 2023, subject to customary closing conditions. The underwriter has a 30-day option to purchase up to an additional 1,200,000 shares of Class A common stock at the public offering price, less underwriting discounts and commissions. The proposed offering is considered non-dilutive, as Portillo’s expects to use the net proceeds to (a) purchase limited liability company...

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