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Month: September 2023

Fly Play hf.: PLAY delivers a USD 12 million profit in summer 2023

PLAY delivers a USD 12 million profit in summer 2023PLAY airlines turned a USD 12 million profit over the summer months of 2023.  This was revealed at the company’s market update meeting today, where key operating figures were reviewed. It is the first time the company has reported profit from operations after tax at the end of the summer season.  It shows that PLAY is a profitable company for the summer and that its business model is working well. The profit for the summer months of 2023, June to August, was USD 12 million compared to a USD 3 million loss in the same period last year. The turnaround therefore amounts to about USD 15 million from loss to profit. Revenue nearly doubledRevenue in the summer months of 2023 was nearly double that of the same period in 2022. The company’s revenue rose from USD 63 million in 2022...

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Global Smart Beds and Surfaces Market Size to Reach USD 3.58 Billion in 2032 | Emergen Research

Rising adoption of smart beds in the healthcare sector is a key factor driving market revenue growth Vancouver, Sept. 28, 2023 (GLOBE NEWSWIRE) — The global smart beds and surfaces market size was USD 2.55 Billion in 2022 and is expected to register a steady revenue CAGR of 3.4% during the forecast period, according to latest analysis by Emergen Research. Rising adoption of smart beds in the healthcare sector is a key factor driving market revenue growth. Smart beds are integrated with innovative technological features that enhance user’s comfort while providing health benefits. These features include sleep tracking, automatic mattress adjustment, climate control anti-snoring feature, and smart home connectivity. Hospital beds are most commonly utilized within healthcare settings. Patients occupy these beds for extended periods,...

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Marie Brizard Wine & Spirits: H1 2023 earnings

                                                Charenton-le-Pont, 28 September 2023 H1 2023 earnings Strong resilience of earnings in the face of high inflation and pressure on raw materials Profit margins stabilised, mainly due to structural cost savings initiated in 2022, amid an uncertain consumer environmentEBITDA1 of €8.1 million in H1 2023, up €0.5 million from €7.6 million in H1 2022 Net profit (Group share) of €5.1 million in H1 2023, up €2.6 millionMarie Brizard Wine & Spirits (the “Company”) (Euronext: MBWS) today announces its consolidated earnings for H1 2023 as approved by the Group’s Board of Directors today. The audit procedures have been carried out. Fahd Khadraoui, Chief Executive Officer of MBWS, said: “In the first half of 2023, the roll-out of our proactive pricing policy helped us partially curb the impact...

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Ontex announces sale of Pakistan activities

Aalst, Belgium, September 28, 2023 – Ontex Group NV (Euronext Brussels: ONTEX) (“Ontex”), a leading developer and manufacturer of hygiene products and solutions for retailers and healthcare, announces that it has entered into a binding agreement to sell its business in Pakistan to ASAIA Holding FZ. The transaction includes Ontex’s plant and business in Pakistan.  Ontex’s business in Pakistan is part of Ontex’s emerging markets activities, which have been classified as discontinued operations following the strategic decision in 2021 to divest these. Ontex aims to close the transaction, which is subject to customary conditions, by the end of 2023.  *** Contact informationInvestors        Geoffroy Raskin        +32 53 33 37 30        investor.relations@ontexglobal.com Media             Maarten Verbanck    +32 53 33 36 20                       ...

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Fnac Darty finalizes the acquisition of MediaMarkt in Portugal

Ivry-sur-Seine, France —September 28, 2023 Fnac Darty finalizes the acquisition of MediaMarkt in Portugal Following approval by the relevant authorities, Fnac Darty announces that it has finalized the acquisition of MediaMarkt in Portugal, in accordance with the terms announced on April 20, 2023, for completion on September 30, 2023. MediaMarkt Portugal is a well-established electronics retailer, operating 10 stores and a webshop, with around 450 employees across the country. They offer an outstanding range of household appliances and technical products, with a wide range of references and a recognized service offering. In financial year 2021-2022, MediaMarkt Portugal recorded sales of c. €140 million. With this acquisition, Fnac Darty consolidates its number 2 position in Portugal, a dynamic market for the Group. The operation is an...

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Global Tetrahydrofuran (THF) Market Size to Reach USD 8.33 Billion in 2032 | Emergen Research

Rising demand for spandex fiber is one of the major factors driving market revenue growth Vancouver, Sept. 28, 2023 (GLOBE NEWSWIRE) — The global Tetrahydrofuran (THF) market size was USD 4.21 Billion in 2022 and is expected to register a revenue CAGR of 7.1% during the forecast period to the latest analysis by Emergen Research. Rising demand for spandex fiber is driving the market revenue growth. Tetrahydrofuran (THF) demand rise in the automotive and transportation sectors is expected to drive revenue growth of the market. The automotive and transportation sectors control a large portion of the Tetrahydrofuran (THF) market. To meet regulatory requirements and improve vehicle fuel efficiency, automakers are focusing on manufacturing lightweight cars made of composite materials to reduce Carbon Dioxide (CO2) emissions, which have...

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Innofactor Plc: Share Repurchase 28.9.2023

Innofactor Plc Announcement 28.9.2023          Innofactor Plc: Share Repurchase 28.9.2023       In the Helsinki Stock Exchange         Trade date 28.9.2023  Bourse trade Buy  Share IFA1V  Amount 6,300 SharesAverage price/ share 1.1150 EURTotal cost 7,024.50 EUR          Innofactor Plc now holds a total of 243 256 sharesincluding the shares repurchased on 28.9.2023            On behalf of Innofactor Plc         Nordea Bank Oyj         Janne Sarvikivi Sami Huttunen       Additional information:    Sami Ensio, CEO    Innofactor Plc    Tel. +358 50 584 2029    sami.ensio@innofactor.com         www.innofactor.com       AttachmentInnofactor_28.9_trades

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Home Plate Acquisition Corporation Announces Adjournment of Special Meeting of Stockholders Until 11:00 AM Eastern Time On October 2, 2023

NEW YORK, Sept. 28, 2023 (GLOBE NEWSWIRE) — Home Plate Acquisition Corporation (the “Company” or “Home Plate”) (NASDAQ: HPLT) announced that it convened and then adjourned, without conducting any business, its special meeting of stockholders (the “Special Meeting”). The Special Meeting has been adjourned to 11:00 a.m., Eastern Time, on October 2, 2023, as a virtual meeting at www.virtualshareholdermeeting.com/HPLT2023SM2. The Special Meeting is being held for the purposes of considering and voting on (i) the Extension Amendment Proposal, (ii) the Trust Amendment Proposal and (iii) the Redemption Limitation Amendment Proposal, each as described in Home Plate’s definitive proxy statement filed with the Securities and Exchange Commission (“SEC”) on September 18, 2023. The proxy card included with the previously distributed proxy materials...

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Bocana Resources Corp. Completes Approximately 500 metres of Diamond Drill Testing at the Escala Project in Bolivia

CALGARY, Alberta, Sept. 28, 2023 (GLOBE NEWSWIRE) — Bocana Resources Corp. (TSXV: BOCA) (Frankfurt: VC1) (“Bocana” or the “Company“) is pleased to announce the completion of the first two of nine proposed diamond drill holes on the Escala area concession in south-west Bolivia. The Company’s inaugural drilling of both NQ and HQ size cores is expected to take another three weeks to complete the proposed 2,000 metre program. Lithologies Observed The two completed holes tested the southern flank of a large, induced polarization chargeability anomaly that is interpolated to be related to a mineralized near surface porphyry system called Cerro Galapagos. Hydrothermal and intrusion breccias hosted within a dacitic porphyry have been observed. Fracture controlled sulphides, mainly pyrite and minor arsenopyrites...

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Synlogic Announces Publication of Synpheny-1 Phase 2 Study of Synthetic Biotic for Phenylketonuria in Nature Metabolism

CAMBRIDGE, Mass., Sept. 28, 2023 (GLOBE NEWSWIRE) — Synlogic, Inc. (Nasdaq: SYBX), a clinical-stage biotechnology company advancing novel, oral, non-systemically absorbed biotherapeutics to transform the care of serious diseases, today announced the publication of results from its Synpheny-1 Phase 2 study of its drug candidates, labafenogene marselecobac (SYNB1934) and SYNB1618 in patients with phenylketonuria (PKU) in the journal Nature Metabolism. The publication, entitled “Efficacy and Safety of a Synthetic Biotic for Treatment of Phenylketonuria: a Phase 2 Clinical Trial” is now available online at https://www.nature.com/articles/s42255-023-00897-6. The paper includes a comprehensive review of the data, showing clinically meaningful, dose-dependent reductions in plasma phenylalanine (Phe). “These positive results build on a...

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