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Month: March 2023

FRP Cable Tray Market Size to Rise Worth USD 445.63 million by 2027 at CAGR of 7.7%

FRP Cable Tray Market to Derive Enormous Growth from the Delivery of GRP Cable Management Systems by Ercon Composites, states Fortune Business Insights™ Pune, india, March 08, 2023 (GLOBE NEWSWIRE) — The global FRP cable tray market size is expected to reach USD 445.63 million by 2027, exhibiting a CAGR of 7.7% during the forecast period. The increasing application of Fibre-reinforced plastic (FRP) products in sea structures with endurance and non-corrosive abilities will create new opportunities for the market, states Fortune Business Insights in a report, titled “FRP Cable Tray Market Size, Share & Industry Analysis, By Type (Ladder, Channel, and Others), By End User (Chemicals, Oil & Gas, Power, Construction, and Others), and Regional Forecast, 2020-2027.” The market size stood at USD 253.48 million in 2019. Market...

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Diesel Fuel Market Outlook [2023-2030] | Industry Analysis by Trends, Size, Share, Price and Global Forecast Report

Global Diesel Fuel Market to Be Positively Impacted by Absence of Power Grid Structure in Developing Nations, says Fortune Business Insights Pune, India, March 08, 2023 (GLOBE NEWSWIRE) — The global diesel fuel market is expected to gain impetus from the growth of on-road fleet of trucks, buses, and cars. This information is published in an upcoming report by Fortune Business Insights, titled, “Diesel Fuel Market Size, Share and Global Trend By End-Use (Cars, Trucks, Military Vehicles, Heavy Off-Road Vehicles, Ships, Generators, Others) and Geography Forecast till 2026.” The report further states that the absence of power grid structure and increasing usage of electricity in various developing countries would propel the sales of diesel generators. It would, in turn, impact the diesel fuel market growth during the forecast period. Market...

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NuVista Energy Ltd. Announces Record Year End 2022 Reserves, Financial and Operating Results

CALGARY, Alberta, March 08, 2023 (GLOBE NEWSWIRE) — NuVista Energy Ltd. (“NuVista” or the “Company”) (TSX:NVA) is pleased to announce record-setting reserves, financial and operating results for the three months and year ended December 31, 2022, and to provide an update on a number of key strategic initiatives. The results of our 2022 program demonstrate the quality and capacity of our asset base to deliver outsized returns and the ability of our team to do so in a disciplined manner, while remaining focused upon safety and sustainability. We enter 2023 financially strong, and in a position to continue our program of returning capital to our shareholders, reducing debt, and delivering on our value-adding growth strategy concurrently. Fourth Quarter and Full Year 2022 Operational and Financial Highlights During the quarter and year...

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Luxury Cosmetics Market Growth [2023-2030] | Industry Share, Size, Trends and Global Forecast Report by Fortune Business Insights™

Companies covered in luxury cosmetics market are L’Oréal S.A., Coty Inc., Shiseido Company Ltd., Estee Lauder Companies, Puig, Revlon Inc., Kao Corporation, The Proctor & Gamble Company, Unilever Plc., Chanel International B.V., Pat McGrath Cosmetics LLC., and more players profiled. Pune, India, March 08, 2023 (GLOBE NEWSWIRE) — The global luxury cosmetics market size is set to experience dynamic growth in the forthcoming years owing to the rising demand for premium-based beauty products, finds Fortune Business Insights™ in its report, titled “Luxury Cosmetics Market, 2023-2030”. Over the years, there has been an increasing demand for premium-based beauty and personal care products from the majority of people across the world owing to the constantly changing fashion trends and improved standard of living of people worldwide....

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Rocket and Missile Market to Hit USD 84.77 Billion by 2029 | At a CAGR 4.58%

Companies covered in Rocket and Missile Market are Denel Dynamics (South Africa), General Dynamics Corporation (U.S.), ROKETSAN A.S. (Turkey), KONGSBERG (Norway), Lockheed Martin Corporation (U.S.), MBDA (France), MESKO (Poland), Nammo AS (Norway), Rafael Advanced Defense Systems Ltd. (Israel), Raytheon Technologies Corporation (U.S.), Saab AB (Sweden) and Other Players. Pune India, March 08, 2023 (GLOBE NEWSWIRE) — The global rocket and missile market size is projected to reach USD 84.77 billion by 2029, exhibiting a CAGR of 4.58% during the forecast period. Growing utilization of 3D printing technology in the production of weapons systems worldwide is expected to aid the market make considerable gains, finds Fortune Business Insights™ in its report, titled “Rocket and Missile Market Size, Share, and Regional Forecast,...

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Honey Market Size to Worth USD 12.69 Billion by 2029 | At a CAGR of 5.83%

Companies covered in honey market are Bee Maid Honey Limited (Canada), , Comvita Limited (New Zealand), , Capilano Honey Ltd. (Australia), , Dabur India Ltd. (India), , Billy Bee Honey Products (Canada), , New Zealand Honey Co. (New Zealand), , Barkman Honey LLC (U.S.), , Yamada Bee Company (Japan), , Dutch Gold Honey Inc. (U.S.), , Golden Acres Honey (Canada) & other. Pune, India, March 08, 2023 (GLOBE NEWSWIRE) — The global honey market size was valued at USD 8.17 billion in 2021. The market is expected to grow from USD 8.53 billion in 2022 to USD 12.69 billion by 2029, exhibiting a CAGR of 5.83% during the forecast period. Rising demand for organic and healthy alternatives to sugar to propel market growth. Fortune Business Insights™ provides this information in its report titled “Honey Market, 2022-2029.” The honey...

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Vertex Announces Fourth Quarter and Full Year 2022 Financial Results

KING OF PRUSSIA, Pa., March 08, 2023 (GLOBE NEWSWIRE) — Vertex, Inc. (NASDAQ: VERX) (“Vertex” or the “Company”), a leading global provider of indirect tax solutions, today announced financial results for its fourth quarter and full year ended December 31, 2022. David DeStefano, Chief Executive Officer, stated “The fourth quarter wrapped up a very strong year for Vertex. Revenue growth accelerated, profitability was strong, and we delivered positive free cash flow. It’s clear the investments we are making in strategic acquisitions, new product development and expansion of our go-to-market and customer success organizations are helping us attack our significant growth opportunity. The Vertex team is executing well, and we are optimistic about 2023 and beyond.” Fourth Quarter 2022 Financial ResultsTotal revenues of $131.1 million,...

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Galera Reports Fourth Quarter and Full Year 2022 Financial Results and Recent Corporate Updates

Avasopasem NDA granted FDA priority review for radiotherapy-induced severe oral mucositis (SOM); PDUFA target date of August 9, 2023 Company raised $30 million in gross proceeds from registered direct offering MALVERN, Pa., March 08, 2023 (GLOBE NEWSWIRE) — Galera Therapeutics, Inc. (Nasdaq: GRTX), a clinical-stage biopharmaceutical company focused on developing and commercializing a pipeline of novel, proprietary therapeutics that have the potential to transform radiotherapy in cancer, today announced financial results for the fourth quarter and year ended December 31, 2022 and provided recent corporate updates. “2023 is a pivotal year for Galera, as we received Priority Review designation for our NDA for avasopasem, and we look forward to continuing productive discussions with the FDA over the coming months,” said Mel Sorensen,...

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Viridian Therapeutics Reports Fourth Quarter and Full Year 2022 Financial Results and Provides Corporate Updates

– Positive data reported from ongoing Phase 1/2 trial evaluating low-dose VRDN-001 in patients with thyroid eye disease (TED) – – First patient enrolled in ‘THRIVE’ Phase 3 trial in patients with active TED, with results expected in mid-2024 – – Initial results from the proof-of-concept study of VRDN-001 in patients with chronic TED are expected in the second quarter of 2023 – – Selection of lead subcutaneous program in TED planned for year-end 2023 – WALTHAM, Mass., March 08, 2023 (GLOBE NEWSWIRE) — Viridian Therapeutics, Inc. (NASDAQ: VRDN), a biotechnology company focused on discovering and developing potential best-in-class medicines for serious and rare diseases, today announced financial results for the fourth quarter and full year ended December 31, 2022. “2022 was a productive...

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Nuvei Announces Fourth Quarter and Fiscal Year 2022 Results

Provides Outlook for First Quarter and Fiscal Year 2023 Nuvei reports in U.S. dollars and in accordance with International Financial Reporting Standards (“IFRS”) MONTREAL, March 08, 2023 (GLOBE NEWSWIRE) — Nuvei Corporation (“Nuvei” or the “Company”) (Nasdaq: NVEI) (TSX: NVEI), the Canadian fintech company, today reported its financial results for the three months and year ended December 31, 2022. “2022 was another strong year for Nuvei highlighted by Total volume growth of 39% on a constant currency basis, reflecting continued progress and execution of our strategic initiatives. We’ve worked diligently to further scale our platform organically and inorganically, diversify the business across high-growth discretionary and non-discretionary verticals, increase our use cases, target more end markets, and increase our distribution;...

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