Year: 2023

TomTom and Bridgestone Mobility Solutions Deepen Relationship to Enhance Fleet Electrification

Written by Customer Service on November 16, 2023. Posted in Public Companies.

TomTom and Bridgestone Mobility Solutions Deepen Relationship to Enhance Fleet ElectrificationTomTom and Bridgestone Mobility Solutions Deepen Relationship to Enhance Fleet ElectrificationTomTom and Bridgestone Mobility Solutions sign a multi-year contract to further extend their collaboration. TomTom’s full location technology stack powers Bridgestone Mobility Solutions’ fleet management solution to help businesses and fleet managers efficiently operate and electrify their fleets.AMSTERDAM, Nov. 16, 2023 (GLOBE NEWSWIRE) — TomTom (TOM2), the location technology specialist, today announced a multi-year contract with Bridgestone Mobility Solutions, a business unit of Bridgestone, to support businesses in optimizing their fleets and accelerating the transition to electric vehicles (EVs), helping to make mobility more...

Nilfisk reports Q3 2023 results: Strong progress with most business metrics. Service growth intact, while soft demand negatively impacted Professional leading to an organic growth of -0.7%. EBITDA margin bsi improved to 12.6%.

Written by Customer Service on November 16, 2023. Posted in Earnings Releases And Operating Results.

Nilfisk, a leading global provider of professional cleaning products and services, reported its Q3 2023 results today with strong progress with most business metrics including gross margin, overhead costs, cash flow, NIBD, and gearing. Total revenue of 247.8 mEUR, down from 263.0 mEUR in Q3 2022. Total reported growth was -5.8%, of which 5.0%-points was driven by negative foreign exchange rate effects. Outlook for 2023 narrowed to middle of previous range. René Svendsen-Tune, CEO of Nilfisk:“For the third quarter of 2023, we delivered a set of results in line with our plans showing progress on gross margin and EBITDA margin bsi, lower overhead costs as well as strong improvements in free cash flow, our debt levels and gearing. The topline was impacted by soft demand, particularly for the products in our Professional Business, partly mitigated...

Multitude with 9 months EBIT growth of 50% up to EUR 32.5 million

Written by Customer Service on November 16, 2023. Posted in Earnings Releases And Operating Results.

Multitude with 9 months EBIT growth of 50% up to EUR 32.5 millionContinued high profitability: EBIT 50% up to EUR 32.5 million – EBIT margin at 19% and after-tax profit doubled to EUR 12.4 million Strong cash position at EUR 167.0 million Robust payment behaviour EUR 45 million EBIT guidance for 2023 remains in placeHelsinki, 16 November 2023 – Multitude SE – a fully regulated international growth platform for financial technology (ISIN: FI4000106299, WKN: A1W9NS) continues its profitable growth track with a strong performance in the first nine months of 2023. The company reported revenue growth of 6.2% to EUR 167.4 million (9M 2022: EUR 157.6 million) with revenue growth in each of the three segments (SweepBank, Ferratum and CapitalBox). In the third quarter, Multitude was able to increase its growth rate from the previous...

IBA Business Update – Third Quarter 2023

Written by Customer Service on November 16, 2023. Posted in Earnings Releases And Operating Results.

Louvain-La-Neuve, Belgium, 16 November 2023 – IBA (Ion Beam Applications S.A., EURONEXT), the world leader in particle accelerator technology, today announces its business update for the third quarter ending 30 September 2023. Group OverviewStrong backlog conversion acceleration in the third quarter across all businesses with good momentum to continue into the fourth quarter, reconfirming cyclical nature of business with revenue recognition heavily H2 weighted Good equipment order intake at period-end of EUR 151 million, down from exceptional order intake for the first 9 months of 2022 (EUR 260 million). Post-period, several major contracts finalized, bringing current order intake to EUR 203 million Backlog remains at a high of EUR 1.3 billion Good OPEX management, in line with evolution of first half Return to profitability with...

Aegon’s trading update for third quarter 2023

Written by Customer Service on November 16, 2023. Posted in Earnings Releases And Operating Results.

Please click here to access all 3Q 2023 Trading Update related documents The Hague, November 16, 2023 – Continued commercial momentum in US business and increased capital generationOperating capital generation before holding funding and operating expenses increases by 16% compared with the third quarter of 2022 to EUR 354 million reflecting business growth and improved underwriting variances Capital ratios of the main units remain above their respective operating levels Transaction combining Aegon’s Dutch businesses with a.s.r. closed in July; related EUR 1.5 billion share buyback on track with 32% completed in third quarter and 45% per November 10 Cash Capital at Holding increases to EUR 2.9 billion, driven by the proceeds from the a.s.r. transaction Strong sales growth in US Strategic Assets, and life insurance business in...

Unifiedpost Group reports strong Q3 2023 performance and strategic progress

Written by Customer Service on November 16, 2023. Posted in Earnings Releases And Operating Results.

Press release – Regulated InformationUnifiedpost Group reports strong Q3 2023 performance and strategic progress Strong core revenue growth, expanded customer base and strategic progression La Hulpe, Belgium – November 16, 2023, 7:00 a.m. CET – Unifiedpost Group (Euronext: UPG) (Unifiedpost, the Group, or the Company) is pleased to report strong Q3 2023 performance, driven by a double-digit increase in recurring digital processing revenue. The customer base surpassed 1,2 million. Unifiedpost Group reaffirms its priority to a positive cash flow generation following the planned trajectory with diligent monitoring. HighlightsUnifiedpost Group achieved 14,6% year-over-year organic growth in its core business in the first nine months Recurring digital revenue reached €92.8 million in the first three quarters of 2023 The customer...

Augmedix Announces Pricing of Upsized Public Offering of 6,250,000 Shares of Common Stock

Written by Customer Service on November 16, 2023. Posted in Public Companies.

SAN FRANCISCO, Nov. 16, 2023 (GLOBE NEWSWIRE) — Augmedix, Inc. (Nasdaq: AUGX) (“Augmedix”), a healthcare technology company that delivers industry-leading ambient medical documentation and data solutions, today announced that it has priced the previously-announced underwritten public offering of 6,250,000 shares of its common stock, at a public offering price of $4.00 per share. The offering was upsized from 5,500,000 shares of common stock. The gross proceeds to Augmedix from this offering are expected to be $25 million, before deducting the underwriting discounts and commissions and other estimated offering expenses payable by Augmedix. In addition, Augmedix granted the underwriters a 30-day option to purchase an additional 937,500 shares of its common stock. All of the shares to be sold in the proposed offering will be sold...

91% of banks and insurers have initiated their cloud journey, yet many are unable to realize full business value

Written by Customer Service on November 16, 2023. Posted in Public Companies.

Press Contact: Fahd Pasha Tel.: +1 647 860 3777 E-mail: Fahd.Pasha@capgemini.com   91% of banks and insurers have initiated their cloud journey, yet many are unable to realize full business value   Implementing cloud at scale is critical to harvest the full value of AI investments One-in-two banks and insurers have not moved their core business applications to the cloudParis, November 16, 2023 – The inaugural Capgemini Research Institute’s World Cloud Report –Financial Services, published today, reveals 91% of banks and insurance companies have now initiated their cloud journey, a significant increase from 2020, when only 37% of firms had embarked on their cloud transformations. However, this high rate and its corresponding investment does not translate to effective cloud adoption at scale. More than 50% of firms surveyed have only...

Skyward Specialty Announces Pricing of Its Upsized Follow-On Offering of Its Common Stock

Written by Customer Service on November 16, 2023. Posted in Public Companies.

HOUSTON, Nov. 15, 2023 (GLOBE NEWSWIRE) — Skyward Specialty Insurance Group Inc.TM (NASDAQ: SKWD) (“Skyward Specialty” or the “Company”) a leader in the specialty property and casualty (“P&C”) market, today announced the pricing of its upsized follow-on offering of 5,000,000 shares of its common stock, with 2,150,000 shares being offered by Skyward Specialty and an upsized 2,850,000 shares being sold by Skyward Specialty’s existing stockholder, The Westaim Corporation (“Westaim”) at $30.50 per share. Westaim also granted the underwriters a 30-day option to purchase up to an additional 750,000 shares. The offering is expected to close on November 20, 2023 subject to customary closing conditions. Skyward Specialty’s principal purposes of the offering are to support its continued growth and allow the Company...

Monarch is Placed Under the Protection of the CCAA to Ensure a Responsible, Controlled, and Orderly Restructuring of Its Affairs

Written by Customer Service on November 16, 2023. Posted in Public Companies.

MONTREAL, Nov. 15, 2023 (GLOBE NEWSWIRE) — MONARCH MINING CORPORATION (“Monarch” or the “Corporation”) (TSX: GBAR) (OTCQB: GBARF) announces that Investissement Québec (“IQ”), one of its creditors, has filed an application with the Superior Court of Quebec (“Court”) under the Companies’ Creditors Arrangement Act (“CCAA”) to place the Corporation under the protection of the CCAA. The Court has issued an initial order today under the CCAA in relation to the Corporation. PricewaterhouseCoopers Inc. has been appointed as the monitor (“Monitor”) to oversee the activities of the Corporation during the CCAA process. Due to the CCAA process, it is anticipated that the Toronto Stock Exchange (the “Exchange”) will conduct a review to determine if the Corporation meets the Exchange’s listing requirements. Mmes. Laurie Gaborit,...

Year: 2023

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