Month: May 2023

Marimekko Corporation, Interim Report, 16 May 2023 at 8.00 a.m. INTERIM REPORT OF MARIMEKKO CORPORATION, 1 January–31 March 2023: Marimekko’s first quarter according to company expectations: net sales decreased by two percent, comparable operating profit below the record-high comparison period This release is a summary of Marimekko’s interim report for the January-March period of 2023. The complete report is attached to this release as a pdf file and it is also available on the company’s website at company.marimekko.com under Releases & publications. The first quarter in briefMarimekko’s net sales decreased by 2 percent from the record-high comparison period and totaled EUR 35.3 million (36.0). As estimated earlier, net sales decreased due to a decline in Finnish wholesale sales and lower licensing income in the EMEA region. On...

Press ReleaseOutside trading hours – Regulated information*Brussels, 16 May 2023 (07.00 a.m. CEST)          “More than a year has now passed since Russia invaded Ukraine and, unfortunately, there is still no sign of an end to the war and the immense human suffering it is causing. The war in Ukraine, alongside other geopolitical uncertainties, is continuing to dampen economic growth for the global economy. On top of this, the collapse of Silicon Valley Bank and Credit Suisse triggered turbulence on the financial markets. The challenging environment is not distracting us from taking important steps towards achieving our strategic goals. In the quarter under review we finalised the sale of substantially all of the remaining assets and liabilities of KBC Bank Ireland. At the same time, the integration of the recently acquired ex-Raiffeisenbank...

May 16, 2023Hamilton, Bermuda Flex LNG Ltd. (“Flex LNG” or the “Company”) today announced its unaudited financial results for the three months ended March 31, 2023. Highlights: *        Vessel operating revenues of $92.5 million for the first quarter 2023, compared to $97.9 million for the fourth quarter 2022. *        Net income of $16.5 million and basic earnings per share of $0.31 for the first quarter 2023, compared to net income of $41.4 million and basic earnings per share of $0.78 for the fourth quarter 2022. *        Average Time Charter Equivalent1 (“TCE”) rate of $80,175 per day for the first quarter 2023, compared to $81,699 per day for the fourth quarter 2022.*        Adjusted EBITDA1 of $72.5 million for the first quarter 2023, compared to $79.1 million for the fourth quarter 2022.*        Adjusted...

May 16, 2023Hamilton, Bermuda Please find enclosed the presentation of Flex LNG Ltd.’s first quarter 2023 results which will be presented in a live video webcast today at 15:00 CEST (9:00 a.m. EST). In order to watch the webcast, use the following link: First Quarter 2023 Earnings Presentation A Q&A session will be held after the webcast. Information on how to submit questions will be given at the beginning of the session. In conjunction with the quarterly results, we have published a short video in which Øystein Kalleklev, CEO of Flex LNG, discusses the highlights of the fourth quarter. The video can be accessed through the following link: Link YouTube The short video and the first quarter 2023 presentation can also be accessed on our website www.flexlng.com    For further information, please contact:Mr. Knut Traaholt, Chief Financial...

HIGH REVENUE AND EARNINGS IMPROVEMENT Lerøy posted a 26% year-on-year increase in revenue for Q1 2023. Operating EBIT was NOK 989 million, up from NOK 889 million in Q1 2022. Q1 2023 has been impacted by price inflation on seafood products, but also by a challenging situation in the Farming segment in the second half of 2022 resulting in low average harvest weight and less than optimal harvest profile with respect to prices through the first quarter. The Group’s downstream activities showed a significant improvement from the same period of last year. Despite lower quotas in 2023 than 2022, Wild Catch posted strong results for Q1. We are not satisfied with the profitability in the Farming segment this quarter and have implemented a number of measures expected to result in gradually improving performance, says CEO Henning Beltestad. These...

VANCOUVER, British Columbia and ALISO VIEJO, Calif., May 15, 2023 (GLOBE NEWSWIRE) — PowerTap Hydrogen Capital Corp. (NEO: MOVE) (FWB: 2K6) (OTC: MOTNF) (“PowerTap” or the “Company” or “MOVE”), announces its financial results for its third quarter ended March 31, 2023 The Company’s interim consolidated financial statements for the period ended March 31, 2023, and 2022 as well as its accompanying management discussion and analysis have been filed on SEDAR at www.SEDAR.com ABOUT POWERTAP HYDROGEN CAPITAL CORP. PowerTap Hydrogen Capital Corp., through its wholly owned subsidiary, PowerTap Hydrogen Fueling Corp. (“PowerTap”), is focused on installing hydrogen production and dispensing fueling infrastructure in the United States. PowerTap’s patented solution has been developed over 20 years. PowerTap is now commercializing its third-generation...

NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES TORONTO, May 15, 2023 (GLOBE NEWSWIRE) — MCI Onehealth Technologies Inc. (“MCI” or the “Company”) (TSX: DRDR), a clinician-led healthcare technology company focused on increasing access to and quality of healthcare, has released its financial results for the three months ended March 31, 2023. A summary of MCI’s financial and operational results is set out below, and more detailed information is contained in the condensed interim consolidated financial statements and related management discussion and analysis, which are available on MCI’s SEDAR page at www.sedar.com. Financial measures described as “Adjusted” in this news release are non-IFRS financial measures and may not be comparable to other similar measures disclosed by other companies. Please...

CALGARY, Alberta, May 15, 2023 (GLOBE NEWSWIRE) — Prairie Provident Resources Inc. (“Prairie Provident”, “PPR” or the “Company”) announces our operating and financial results for the first quarter ended March 31, 2023. PPR’s interim financial statements and related Management’s Discussion and Analysis (MD&A) are available on our website at www.ppr.ca and filed on SEDAR at www.sedar.com. MESSAGE TO SHAREHOLDERS Patrick McDonald, Interim President and CEO commented: “The operations team has done an excellent job of maintaining production levels through the first quarter of 2023 while deploying minimal capital. The Company continues to pursue non-core asset sales and other transactions to further increase liquidity and allow the Company to carry out a meaningful low risk, low cost capital program...