Day: November 10, 2023

P R E S S  R E L E A S EStockholm, November 10, 2023 January 1 – September 30, 2023Net sales amounted to MSEK 1,915 (1,805). Adjusted for changes in foreign exchange rates, the revenue growth was flat. EBITA decreased 12 percent to MSEK 207 (234). The EBITA margin was 10.8 (13.0) percent. Profit after tax decreased 20 percent to MSEK 105 (131). Earnings per share decreased 20 percent to SEK 5.42 (6.75).Third quarter 2023Net sales amounted to MSEK 633 (617). Adjusted for changes in foreign exchange rates, net sales decreased 1 percent. EBITA decreased 19 percent to MSEK 53 (66). The EBITA margin was 8.4 (10.7) percent. Profit after tax decreased 37 percent to MSEK 22 (34). Earnings per share decreased 37 percent to SEK 1.12 (1.78).Outlook “We can see that the efficiency measures we implemented earlier in the year are having...

Solution EcosystemSolution EcosystemMONTREAL, Nov. 09, 2023 (GLOBE NEWSWIRE) — PyroGenesis Canada Inc. (http://pyrogenesis.com) (TSX: PYR) (NASDAQ: PYR) (FRA: 8PY), a high-tech company (the “Company” or “PyroGenesis”), that designs, develops, manufactures and commercializes advanced plasma processes and sustainable solutions which are geared to reduce greenhouse gases (GHG), is pleased to announce today its financial and operational results for the third quarter ended September 30th , 2023. “We are seeing improvements across industrial supply chains and customer bottlenecks, resulting in two straight quarters of growth coming off of the three-year quarterly low we saw in Q1 of this year,” said Mr. P. Peter Pascali, CEO and President of PyroGenesis. “While we can’t guarantee that these early signs of sector-wide...

– Promising preclinical data showcasing Turnstone’s novel Selected TIL programs for solid tumors presented at SITC 2023 – – Lead program, TIDAL-01, advancing and on track in two Phase 1 trials with initial clinical data expected mid-2024 – – Upsized IPO extends runway into Q2 2025 and supports advancement of pipeline through key milestones – – Further strengthened Scientific Advisory Board with appointment of internationally recognized cancer immunotherapy expert, Dr. Jeffrey S. Weber – SAN DIEGO, Nov. 09, 2023 (GLOBE NEWSWIRE) — Turnstone Biologics Corp. (“Turnstone” or the “Company”) (Nasdaq: TSBX), a clinical-stage biotechnology company developing a differentiated approach to treat and cure patients with solid tumors by pioneering selected tumor-infiltrating lymphocyte (Selected TIL) therapy, today reported financial results...

VANCOUVER, British Columbia, Nov. 09, 2023 (GLOBE NEWSWIRE) — Standard Lithium Ltd. (“Standard Lithium” or the “Company”) (TSXV:SLI) (NYSE American:SLI) (FRA:S5L), a leading near-commercial lithium company, today announced its financial and operating results for the fiscal first quarter 2024 ended September 30, 2023. “This quarter has marked a pivotal advancement in our journey towards establishing a new benchmark for scalable and sustainable lithium production in the United States. The completion of our Phase 1A Definitive Feasibility Study (‘DFS’) is a key milestone, advancing our planned first commercial lithium project which is a modest scale-up from our operating Direct Lithium Extraction demonstration plant. The Preliminary Feasibility Study (‘PFS’) for our South West Arkansas (‘SWA’) Project has identified the potential...

TORONTO, Nov. 09, 2023 (GLOBE NEWSWIRE) — Northland Power Inc. (“Northland” or the “Company”) (TSX: NPI) reported today financial results for the three and nine months ended September 30, 2023. All dollar amounts set out herein are in thousands of Canadian dollars, unless otherwise stated. “Our third quarter financial results were solid and in line with our expectations. We are maintaining the low end of our Adjusted EBITDA, Adjusted Free Cash Flow and Free Cash Flow guidance for 2023. Despite the regulatory changes in Spain last quarter and the challenges in the economy more broadly, we expect to deliver solid financial and operating results this year, as a result of positive offsets from other planned activities, including sell-downs. Notwithstanding recent challenges experienced in the offshore wind sector, we delivered on two...

GRIMSBY, Ontario, Nov. 09, 2023 (GLOBE NEWSWIRE) — Andrew Peller Limited (TSX: ADW.A / ADW.B) (“APL” or the “Company”) announced today results for the three and six months ended September 30, 2023. All amounts are expressed in Canadian dollars unless otherwise stated. SECOND QUARTER 2024 HIGHLIGHTSSales were $100.2 million, relatively flat compared with $101.8 million in Q2 2023, as a result of the repeal of the previously disclosed excise tax exemption, which reduced sales for Q2 2024 by $1.8 million; Gross Margin increased to $41.3 million, or 41.2%, compared with $39.5 million (38.8% margin) in Q2 2023, resulting from reduced cost of goods sold due to the Wine Sector Support Program (WSSP), as well as the positive impact of cost reductions and operational efficiency initiatives; EBITA up 30% to $15.1 million, from $11.7 million...

TORONTO, Nov. 09, 2023 (GLOBE NEWSWIRE) — Victoria Gold Corp. (TSX-VGCX) (“Victoria” or the “Company”) provides its third quarter 2023 summary financial and operating results.Third Quarter 2023 Highlights  Gold produced 41,561 ouncesAverage gold price realized C$ 2,583Revenue (000s) C$ 105,127Gross Profit (000s) C$ 19,899Income before taxes (000s) C$ 10,465Net Income (000s) C$ 5,631Earnings per share – Basic C$ 0.08EBITDA (000s) C$ 34,637Free Cash Flow before working capital (000’s) C$ 18,245Free Cash Flow after working capital (000’s) C$ 25,235Mr. John McConnell, President and CEO noted, “The Eagle mine was able to produce approximately 125,000 ozs through the first 9 months of 2023. We continue to expect to achieve both 2023 production and cost guidance.” Mr. McConnell continued, “The mine...