Day: November 1, 2023

Q3 2023 financial results in line with expectations and full-year guidance range narrowed

Written by Customer Service on November 1, 2023. Posted in Earnings Releases And Operating Results.

Announcement no. 14-2023 1 November 2023 North Media CEO Lasse Ingemann Brodt commented on the results for Q3 2023:“I am pleased to note that we managed to maintain stable earnings in the Q3 2023 period on a slight drop in revenue. In our Digital Services business, BoligPortal delivered revenue and earnings improvements, while earnings in Last Mile (FK Distribution) were in line with the year-earlier period and, as expected, the business managed to reduce the revenue decline compared to the first half of 2023. Based on those developments, we have narrowed our full-year guidance range.” Financial highlights:DKKm Q3 Q3 YTD 2023 2022 2023 2022Revenue 222.3 228.0 700.7 736.2EBIT 29.7 29.1 110.7 129.2EBIT margin 13.4% 12.8% 15.8% 17.5%Return on securities -8.6 -18.7 156.3 -229.3Cash flows from operating activities 40.1 30.0 125.6 123.2Free...

AS Pro Kapital Grupp is considering acquisition of stake in real estate company in Italy

Written by Customer Service on November 1, 2023. Posted in Public Companies.

As described in the notice published on 24 July 2023, AS Pro Kapital Grupp (Pro Kapital) has signed on 21 July 2023 a preliminary agreement with an intention to buy 67,5% of the shares of Preatoni Nuda Proprieta S.R.L (registered office in Milan, Italy). With this agreement Pro Kapital, as a promissory buyer, reserves its rights to buy the shares and initiates due diligence. Pro Kapital has extended the term of the preliminary agreement until 31 March 2024 to decide whether to proceed with the transaction or decline. Edoardo Axel PreatoniMember of the Management BoardPhone: +372 614 4920 Email: prokapital@prokapital.ee

AS Pro Kapital Grupp is considering acquisition of stake in real estate company in Italy

Written by Customer Service on November 1, 2023. Posted in Public Companies.

Construction contract (Laatre biomethane plant)

Written by Customer Service on November 1, 2023. Posted in Public Companies.

AS Nordecon group company Nordecon Betoon OÜ (brand name NOBE) and Bioforce OÜ signed a contract for the design and construction of the Laatre biomethane plant in Laatre, Valgamaa. The total value of the contract is approximately 3 million euros without VAT and the works will be completed in the summer of 2024. Nordecon (www.nordecon.com) is a group of construction companies whose core business is construction project management and general contracting in the buildings and infrastructures segment. Geographically the Group operates in Estonia, Finland, Ukraine and Sweden. The parent of the Group is Nordecon AS, a company registered and located in Tallinn, Estonia. The consolidated revenue of the Group in 2022 was 323 million euros. Currently Nordecon Group employs close to 570 people. Since 18 May 2006 the company’s shares have been...

Global Orthopedic Biomaterial Market Size to Reach USD 42.43 Billion in 2032 | Emergen Research

Written by Customer Service on November 1, 2023. Posted in Mergers And Acquisitions.

Growing demand for biomaterials in knee reconstruction/replacement surgery is a key factor driving global orthopedic biomaterial market growth Vancouver, Nov. 01, 2023 (GLOBE NEWSWIRE) — The global orthopedic biomaterial market size is expected to reach USD 42.43 Billion at a steady CAGR of 9.4% in 2032, according to latest analysis by Emergen Research. Steady revenue growth of the orthopedic biomaterial market can be attributed to rising prevalence of skeletal disorders and defects due to trauma, infections, cancers, and inflammatory and degenerative conditions. Also, increase in life expectancy is a major contributor to the number of people suffering from skeletal disorders as decreasing regenerative capability and density of bones with growing age. Bone disorders, including fractures and osteoporosis, require treatments involving...

BlueRush Elects to Convert Convertible Debentures

Written by Customer Service on November 1, 2023. Posted in Public Companies.

TORONTO, Nov. 01, 2023 (GLOBE NEWSWIRE) — BlueRush Inc. (“BlueRush” or the “Company“) ‎‎‎(TSXV:BTV; OTCQB:BTVRF), ‎a pioneering personalized video Software as a Service (“SaaS“) company, announces its election to convert $750,000 of principal under two convertible debentures issued in 2018 held by arm’s length lenders. Under the terms of the convertible debentures the Company had the option to convert principal on the maturity date (October 31, 2023). Accordingly, the Company has issued an aggregate of 1,428,573 in satisfaction of the $750,000 of principal due to the two lenders on today’s maturity date. The shares issuable are no subject to any statutory hold periods.‎ About BlueRush BlueRush develops and markets IndiVideo®, a disruptive, award-winning interactive personalized video platform...

FirstBank Sees Increases in Deposits and Net Income in Q3

Written by Customer Service on November 1, 2023. Posted in Earnings Releases And Operating Results.

Bank recognized for corporate excellence and women leadership LAKEWOOD, Colo., Nov. 01, 2023 (GLOBE NEWSWIRE) — FirstBank, one of the nation’s largest privately held banks with a focus on “banking for good,” announced its 2023 third-quarter summary on the company’s holdings and activities. At the end of September, the bank reported the following quarter-over-quarter results:Net income increased from $178.1 million to $240.5 million Total deposits increased from $24.3 billion to $24.4 billion Net loan balance decreased 1.2% to $16.2 billion Total assets remained unchanged at $28.1 billion“FirstBank has remained focused on growing core deposits and ensuring credit quality is strong as we navigate uncertain market conditions,” said Jim Reuter, CEO of FirstBank. “We have a longstanding history of being successful in all economic...

Biofertilizers Market to Reach USD 5.02 Billion by 2030 | Excusive Report by Fortune Business Insights™

Written by Customer Service on November 1, 2023. Posted in Mergers And Acquisitions.

Key segments covered in biofertilizers market are By Type (Nitrogen Fixing, Phosphate Solubilizers, Others), By Microorganism (Rhizobium, Azotobacter, Azospirillum, Pseudomonas, Bacillus, VAM, Others), By Application (Seed Treatment, Soil Treatment, Others), By Crop Type (Cereals, Pulses & Oilseeds, Fruits & Vegetables, Others), and Regional Forecast, 2023-2030Biofertilizers MarketBiofertilizers MarketPune, India, Nov. 01, 2023 (GLOBE NEWSWIRE) — The global biofertilizers market size stood at USD 2.02 billion in 2022 and is poised to expand from USD 2.26 billion in 2023 to USD 5.02 billion by 2030, exhibiting a CAGR of 12.05% over the study period. The escalation is driven by an increase in product adoption owing to the rising water and soil pollution due to excessive use of chemical fertilizers. Fortune Business...

Small Arms Market Anticipated to Worth USD 11.16 Billion by 2029 | With 3.53% CAGR

Written by Customer Service on November 1, 2023. Posted in Mergers And Acquisitions.

The global small arms market covered major segments Size, Share, and COVID-19 Impact Analysis, by Type (Handgun, Rifles, Shotgun), by Application (Defense and Homeland Security, Self-Defense, Sports, Hunting, Law Enforcement), and Regional Forecast, 2022-2029Small Arms MarketSmall Arms MarketPune, India, Nov. 01, 2023 (GLOBE NEWSWIRE) — The global small arms market size was valued at USD 8.53 billion in 2021 and is anticipated to grow from USD 8.75 billion in 2022 to USD 11.16 billion by 2029, exhibiting a CAGR of 3.53% during the forecast period. Small arms are firearms designed for personal use, and the market for these weapons is constantly evolving. The increasing prevalence of armed conflicts and cross-border tensions has led to a rise in demand for small arms, particularly in the military and law enforcement sectors....

Loitering Munition System Market to Worth USD 3.04 Billion by 2030 | Excusive Report by Fortune Business Insights™

Written by Customer Service on November 1, 2023. Posted in Mergers And Acquisitions.

The global loitering munition system market covered major segments By Type (Autonomous Identification and Positioning Loitering Munition System, and Manual Positioning Loitering Munition System), By Application (Navy Force, Land Force, and Air Force), and Region.Loitering Munition System MarketLoitering Munition System MarketPune, India, Nov. 01, 2023 (GLOBE NEWSWIRE) — The loitering munition system market size was valued at USD 1.03 billion in 2022 and is projected to grow from USD 1.20 billion in 2023 to USD 3.04 billion by 2030 at a CAGR of 14.2% during 2023-2030. The term “Loitering Munition System Market” refers to the market for a type of military technology known as loitering munitions or loitering drones. These are autonomous or semi-autonomous unmanned aerial vehicles (UAVs) designed to stay in a...

Day: November 1, 2023

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