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Year: 2023

PARROT: 2023 THIRD-QUARTER BUSINESS

        PRESS RELEASE        November 16, 2023, 8:00am CET 2023 THIRD-QUARTER BUSINESS The Parrot group, European leader for professional microdrones, recorded €15.1m of consolidated revenues in the third quarter of 2023, down -31% from the third quarter of 2022, which represented a high basis for comparison. For the first nine months of 2023, consolidated revenues show a year-on-year contraction of -11%. This level of business is in line with the guidance published on October 4, 2023, following deferrals of significant microdrone equipment orders or deliveries to the first half of 2024.REVENUES (€m and % of revenues) Q3 20233 months Q3 2022*3 months Change 9 months 2023 9 months 2022 ChangeProfessional microdrones 8.0 53% 13.9 63% -42% 23.5 29.3 -20%Photogrammetry 7.1 47% 8.1 37% -11% 23.3 23.2 +1%Parrot SA 0.2 – 0.3 –   0.4 0.6 –Intragroup...

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Aurora Mobile Limited Announces Third Quarter 2023 Unaudited Financial Results

SHENZHEN, China, Nov. 16, 2023 (GLOBE NEWSWIRE) — Aurora Mobile Limited (“Aurora Mobile” or the “Company”) (NASDAQ: JG), a leading provider of customer engagement and marketing technology services in China, today announced its unaudited financial results for the third quarter ended September 30, 2023. Third Quarter 2023 Financial HighlightsRevenues were RMB74.1 million (US$10.2 million), a decrease of 8% year-over-year. Cost of revenues was RMB21.8 million (US$3.0 million), a decrease of 18% year-over-year. Gross profit was RMB52.3 million (US$7.2 million), a decrease of 3% year-over-year. Total operating expenses were RMB60.0 million (US$8.2 million), a decrease of 25% year-over-year. Net loss was RMB7.0 million (US$1.0 million), compared with a net loss of RMB20.7 million for the same quarter last year. Net loss attributable...

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Consolidated interim report 1 January – 30 September 2023

Consolidated interim report 1 January – 30 September 2023 16 November 2023 Company Announcement no. 44 Key points (nine-month report ended 30 September 2023) On 16 November 2023, the Board of Directors and Executive Management of Pharma Equity Group A/S (“PEG” or “the Group”) have considered and approved the consolidated interim report for the period 1 January – 30 September 2023 (“Q1-Q3 2023 report”). The figures have neither been audited nor reviewed. The transaction with Reponex Pharmaceuticals A/S As further described in both the Q1 and the H1 2023 interim reports, the consolidated financial statements have been prepared applying the rules for reverse take-over where Reponex has been identified as the acquirer for accounting purposes. New Board of Directors At the extraordinary general meeting on 2 November...

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BW Energy: Third quarter 2023 results

THIRD QUARTER 2023 RESULTS   HIGHLIGHTS Q3 EBITDA of USD 49.7 million and net profit of USD 0.5 million  Q3 gross production of 2.49 million barrels with 1.93 million barrels net to BW Energy  Completed one lifting of 950,000 barrels (net BWE) at a price of USD 79 per barrel  Start-up of two additional Hibiscus / Ruche production wells and gas lift compressor   Assumed 100% ownership and operatorship of Golfinho from late August   USD 80 million Golfinho prepayment facility and offtake agreement completed and drawn  Maintained strong balance sheet with cash position of USD 198 million  Substantial oil discovery made in the Hibiscus South prospect (November) BW Energy, operator of the Dussafu Marine licence in Gabon and the Golfinho cluster offshore Brazil, reported EBITDA for the third quarter of 2023 of USD 49.7 million, up from USD...

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BW Offshore: Third quarter results 2023

Third quarter results 2023 HIGHLIGHTSEBITDA of USD 74.5 million Operating cashflow of USD 116.3 million Equity ratio of 31.0% and USD 452.2 million in available liquidity Dividend of USD 0.063 (NOK 0.70)1 per share for the quarter Barossa FPSO project 77.2% complete per end of October 2023 Abo FPSO sold for USD 20 million Offer launched to take BW Ideol privateBW Offshore continued to execute the Barossa FPSO project with overall completion at 77.2% per end of October, according to schedule. The FPSO is en route to Singapore following completion of the hull at the yard in South Korea. Lifting and installation of the topside modules will commence in November upon arrival at the integration yard in Singapore. The Company continues to explore the provision of an Engineering, Procurement, Construction and Commissioning (EPCC) and Operations...

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Vallourec: Third Quarter 2023 Results

Meudon (France), November 16, 2023 Vallourec, a world leader in premium tubular solutions, announces today its results for the third quarter 2023. The Board of Directors of Vallourec SA, meeting on November 14th 2023, approved the Group’s third quarter 2023 Consolidated Financial Statements. Third Quarter 2023 ResultsEBITDA of €222 million in Q3 driven by robust Tubes profitability Net debt halved year-over-year: reduced from €1,493m to €741m International tubes demand and pricing continue to increase US bookings have recovered, market prices expected to stabilize in near-term Full Year 2023 EBITDA outlook increased: now expected to range from €1,075m to €1,175m versus prior €950m to €1,100m Net debt outlook improved: now expected to decline further versus the Q3 2023 level in Q4 2023aHIGHLIGHTS Strong Q3 2023 Cash FlowEBITDA...

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Awilco Drilling PLC: Capital Reduction Process Completed

Reference is made to our press release of 20 July 2023 from Awilco Drilling PLC (“Awilco Drilling”) regarding the resolution passed in the General Meeting to reduce the issued share capital of Awilco Drilling by cancelling and extinguishing paid-up capital of 63 pence on each issued fully paid up ordinary share of 65 pence each and reducing the nominal value of each issued fully paid up ordinary share from 65 pence to 2 pence (the “Share Capital Reduction”). The Share Capital Reduction has now been approved by the Court and registered by the UK Companies Register. The new nominal value of each issued fully paid up ordinary share is 2 pence and the new share capital is GBP 292,362.70. As a consequence of the Share Capital Reduction becoming effective, the exercise price for the 10,149,440 outstanding warrants will be NOK 1 per...

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Bavarian Nordic Announces Interim Results for the First Nine Months of 2023

COPENHAGEN, Denmark, November 16, 2023 – Bavarian Nordic A/S (OMX: BAVA) announced today its interim financial results for the first nine months of 2023 and business progress for the third quarter of 2023.Revenue for the first nine months increased by 148% to DKK 4,615 million compared to the same period last year, while the operating profit (EBITDA) increased to DKK 1,552 million. The increased revenue was driven by growth across both business areas: travel health and public preparedness. Revenue from travel health grew by 56% to DKK 1,608 million, as a result of the continued rebound in global travel, strong brand performance and the recent expansion of the travel health portfolio. Revenue from public preparedness grew by 316% to DKK 2,890 million, largely driven by contracts with governments related to the 2022/2023 mpox outbreak....

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ONWARD® Reports Q3 Business Update and Year-To-Date Highlights

EINDHOVEN, the Netherlands, Nov. 16, 2023 (GLOBE NEWSWIRE) — Completing activities required for ARC-EX® FDA submission     Expanded HemON Study as precursor to ARC-IM® Empower BP pivotal study     First-in-human use of ARC-IM BCI for upper limbs     Potential for ARC Therapy™ to improve mobility after Parkinson’s disease    published in Nature Medicine      ONWARD Medical N.V. (Euronext: ONWD), the medical technology company creating innovative therapies to restore movement, function, and independence in people with spinal cord injury (SCI), today provided a third quarter 2023 business update.   “We remain focused on completing activities required to submit an FDA de novo application for clearance of our ARC-EX System in the first half of 2024,” said Dave Marver, CEO of ONWARD. “In the meantime we achieved several additional...

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