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Day: November 14, 2023

Touax: Steady activity since the beginning of the year

PRESS RELEASE        Paris, November 14, 2023 – 5.45 p.m. YOUR OPERATIONAL LEASING SOLUTION FOR SUSTAINABLE TRANSPORTATION Steady activity since the beginning of the yearRevenue of €116.5 million in the first nine months of the year 5% increase of leasing revenue Decrease of sales activity (-3.4%) following the price normalisation in the Containers businessThe Group’s sales once again resist in a more uncertain global economic environment thanks to its business model based on long-term contracts and diversification. At the end of the third quarter, total restated revenue from activities amounted to €116.5 million (€117.9 million at constant scope and currency1), compared with €120.2 million in the same period in 2022, a -€3.7 million decrease due to the price normalisation in the containers market.Restated Revenue...

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VINCI Autoroutes and VINCI Airports traffic in October 2023

Nanterre, 14 November 2023 VINCI Autoroutes and VINCI Airports traffic in October 2023 I-      Change in VINCI Autoroutes’ intercity networks traffic  October YTD at the end of October(10 months)  % change 2023/2022 % change 2023/2022VINCI Autoroutes +5.4% +1.7%Light vehicles +6.3% +2.1%Heavy vehicles +1.0% −1.0%   Traffic at VINCI Autoroutes rose sharply this October. The main reason, in the case of light vehicles, was the unfavorable impact of fuel shortages on the traffic in France in October 2022. In the case of heavy vehicles, there was one more working day this October than last. Overall, traffic in all vehicle categories increased over the first 10 months of this year, spurred by light vehicles despite high fuel prices. The slight decline in heavy vehicle traffic is explained, in part, by negative calendar effects1 during...

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Ascencio strenghtens its presence in its “Bellefleur” retail park in Belgium

On 14 November 2023, Ascencio acquired 100% of the shares in Holdtub SRL which owns 3 commercial units in the “Bellefleur” retail park in Couillet (Charleroi, Belgium), totalling almost 3,000 m2. These recently redeveloped units are fully let and occupied by retailers with national or international reach, namely Jysk, Poltronesofà and Jack&Jones. These retailers are active in the home furnishings, home decoration and men’s fashion sectors and further enhance the site’s commercial mix and the quality of its customer offering.This acquisition enables Ascencio to consolidate its presence in a retail space that has been a great success for almost 10 years. The investment is based on a property valuation of €7.0 million, in line with the market value determined by the expert.The transaction, financed entirely by debt, will...

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Coface records excellent income of €189.7m in the first nine months amidst slowing inflation and claims normalisation. Annualised ROATE at 14.1%

Coface records excellent income of €189.7m in the first nine months amidst slowing inflation and claims normalisation. Annualised ROATE at 14.1% Paris, 14 November 2023 – 17.35Turnover of first nine months: €1,418m, up 7.1% at constant FX and perimeter and up 5.3% on a reported basisTrade credit insurance rose by +6.6% at constant FX. In Q3-23, growth in client activity was negative as a result of falling inflation and economic slowdown, which both weighed on premiums. Commissions were up +10.2% Client retention stood at a record high (93.9%); price effect was still negative (-2.0%) but stabilised in Q3-23 Double-digit growth in business information (+14.7% at constant FX) and debt collection, which proved to be less cyclical; factoring up by +3.8%9M-23 net loss ratio at 40.2%, up by 1.3 ppt; net combined ratio at 66.0%, up by...

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Security National Financial Corporation Reports Financial Results for the Quarter Ended September 30, 2023

SALT LAKE CITY, Nov. 14, 2023 (GLOBE NEWSWIRE) — Security National Financial Corporation (SNFC) (NASDAQ symbol “SNFCA”) announced financial results for the quarter ended September 30, 2023. For the three months ended September 30, 2023, SNFC’s after tax earnings increase nearly 272% from a loss of $2,353,000 in 2022 to a gain of $4,041,000 in 2023. For the nine months ended September 30, 2023, after tax earnings increased 161% to $11,634,000 from $4,450,000 in 2022. Scott M. Quist, President of the Company, said: “I am quite pleased with our Company’s financial performance in the third quarter and year to date. To have triple digit increases over both 2022 third quarter and YTD net income is an excellent performance, especially when considered in light of our tough first quarter. Our Mortgage Segment continues to navigate...

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Innofactor Plc: Share Repurchase 14.11.2023

Innofactor Plc Announcement 14.11.2023          Innofactor Plc: Share Repurchase 14.11.2023       In the Helsinki Stock Exchange         Trade date 14.11.2023  Bourse trade Buy  Share IFA1V  Amount 10,000 SharesAverage price/ share 1.0980 EURTotal cost 10,980.00 EUR          Innofactor Plc now holds a total of 471 889 sharesincluding the shares repurchased on 14.11.2023          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_14.11_trades

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Power Solutions International Unveils Lithium-ion Power Unit

PSI and Morbark to feature new 30kw electric powertrain solution during TCI Expo in St. LouisNew PSI Lithium-Ion Power UnitMorbark will feature PSI’s new Lithium-ion power unit during the TCI Expo.Morbark highlighting new PSI electrification optionPSI’s new Lithium-ion power unit will be featured during the TCI Expo in St. Louis.WOOD DALE, Ill., Nov. 14, 2023 (GLOBE NEWSWIRE) — Power Solutions International, Inc. (“PSI” or “the Company”) (OTC Pink: PSIX), a leader in the design, engineering, and manufacture of emission-certified engines and power systems, is proud to announce the latest addition to its range of energy products: the Lithium-ion Power Unit. The 30kw Lithium-ion Power Unit is part of PSI’s New Energy Market Segment offering, designed to capitalize on the electrification efforts of PSI’s...

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Atos collaborates with Microsoft to accelerate business transformation through the application of Microsoft 365 Copilot and Azure OpenAI service

Press Release Atos collaborates with Microsoft to accelerate business transformation through the application of Microsoft 365 Copilot and Azure OpenAI service Seattle, the United States and Paris, France – November 14, 2023 – Atos today announced the extension of their long-standing partnership with Microsoft to help their clients unlock and scale their Microsoft 365 Copilot and Generative AI deployments. The Atos’ Tech Foundations business line and Microsoft will invest over a 3-year period to build a strategic, comprehensive portfolio to harness the power of data and AI in a secure, efficient and ethical way. The strategic collaboration is structured around three core pillars: solutions, co-creation and competencies. Atos is an early adopter of Microsoft 365 Copilot, providing Microsoft development teams with feedback on its...

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Granite Creek Capital Partners Announces Acquisition of NYP Corp.

CHICAGO and ELIZABETH, N.J., Nov. 14, 2023 (GLOBE NEWSWIRE) — Granite Creek Capital Partners, L.L.C., a private investment firm based in Chicago, today announced its acquisition of NYP, LLC, d/b/a NYP Corp. (“NYP” or the “Company”), a New Jersey-based value-added packaging manufacturer and distributor focused on the wholesale nursery, agricultural, and industrial markets. Since its humble beginnings in burlap packaging in 1946, NYP has grown and thrived under multiple generations of family management. Long-time owner-operators Christopher and Jerry LaBelle bring unique knowledge, energy, and leadership to the business, having learned under their father, Gerald LaBelle, co-founder of NYP, during his multiple decades at the Company’s helm. As part of the transaction, experienced industry executive Robert Dahl was named CEO of NYP,...

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CORRECTION: Q3 2023 results: A stable production quarter

CORRECTION: On slide 10 in the attached presentation the numbers in the subtitle has been adjusted from 14,000t to 15,000t  This is done to prevent misunderstanding, the guide is 15,000t the same as is stated in a bulletpoint and was said during the live presentation. Bíldudalur, 9th of November 2023 Icelandic Salmon is the parent company of Arnarlax, and other subsidiaries involved in salmon farming and processing in Iceland. The companies are collectively referred to as “Icelandic Salmon” or the “Group”. Operations In the third quarter 2023, Icelandic salmon resumed harvesting, following a second quarter with limited harvest volume. The group harvested 4,040 tonnes in the quarter, up from 3,804 tonnes in the third quarter 2022. “Our team demonstrated strong adaptability and commitment during a time with changing...

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