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Year: 2023

Trading Update: RoodMicrotec announces total income for the third quarter of 2023

Total income for the third quarter of 2023 was EUR 4.2 million (2022: EUR 4.3 million) Total income for the first nine months of 2023 was EUR 12.9 million (2022: EUR 11.7 million) Order book value increased compared to the beginning of the quarterDeventer, October 19, 2023 – RoodMicrotec N.V., a leading independent company for semiconductors supply and quality services, today releases its trading update for the third quarter of 2023. The total income for the third quarter of 2023 was EUR 4.2 million, marginally lower than in the third quarter of 2022 (EUR 4.3 million). The total income for the first nine months of 2023 was EUR 12.9 million, an increase of 10% compared to the same period in 2022 (EUR 11.7 million). The good start in the first quarter of this year and the stable development in the second and third quarters are the base...

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Global Bioenergies announces the appointment of Martin Stephan as Chief Business Officer

PRESS RELEASE Global Bioenergies announces the appointment of Martin Stephan as Chief Business Officer Evry, 19 October 2023 – 7:45 a.m. : Martin Stephan joins Global Bioenergies as Chief Business Officer. Martin Stephan has spent his entire career in the chemical industry, in France, Germany, Italy and Switzerland. As Deputy Chief Executive Officer of CARBIOS from 2017 to 2022, he notably contributed to the strong growth of this major listed player in the green chemistry market. He previously held strategic positions as Head of International Sales in global groups, particularly in The Chemours Company and Du Pont de Nemours, the world leader in innovative specialty products for industry. Martin Stephan is a graduate of HEC. Martin Stephan comments: “ I am delighted to be joining the Global Bioenergies teams, whose technology is extremely...

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Nokia Corporation Interim Report for Q3 2023

Nokia CorporationInterim Report19 October 2023 at 08:00 EEST Nokia Corporation Interim Report for Q3 2023 Outlook maintained despite weak operator spending weighing on Q3Q3 net sales declined 15% y-o-y in constant currency (-20% reported) as macroeconomic uncertainty and higher interest rates continue to pressure operator spending. Enterprise net sales grew 5% y-o-y in constant currency (flat reported). Comparable gross margin declined 120bps y-o-y to 39.2% (reported declined 140bps to 38.7%) due mainly to regional mix in Mobile Networks. Sequentially Mobile Networks gross margin improved 140bps due to favorable regional mix. Comparable operating margin declined y-o-y by 200bps to 8.5% (reported declined 350bps to 4.8%) , demonstrating the resilience of our profitability relative to the net sales decline. Comparable diluted EPS of...

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Fingerprint Cards AB (publ) publishes interim report for January – September 2023, and announces cost optimization program

Highlights, third quarterHealthy revenue growth across Mobile, PC, Payment, and Access outside of Asia On October 19, 2023, Fingerprints announced the initiation of a cost optimization program – expected to yield cost savings of approximately SEK 204 M on an annual basis – to respond to challenging market conditions that the company faces in the short term (see below under “Cost optimization” for more details) Repayment of bond loan, following the convertible bond issue and rights issue, will lower interest expense by approximately 75 percent, while increasing financial flexibility with no restrictive financial commitments Cash flow impacted by approximately SEK 20 M in one-time expenses associated with refinancingThird quarter of 2023Revenues amounted to SEK 184.8 M (143.2) The gross margin was 12.8 percent (12.2) EBITDA amounted...

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Cable Assembly Market to Surpass 268.35 Billion by 2030 Drives Due to Surging Demand for Efficient Connectivity Solutions

SkyQuest projects that the cable assembly market will attain a value of USD 268.75 billion by 2030, with a CAGR of 6.7% over the forecast period (2023-2030). The expansion of the cable assembly market is primarily propelled by the escalating demand for high-speed cable assemblies catering to various applications, including computers, servers, switches, and multiple data and communication equipment. This trend is further accentuated by consumers’ heightened adoption of personal computers (PCs), laptops and widespread internet usage. Westford, USA, Oct. 18, 2023 (GLOBE NEWSWIRE) — According to SkyQuest, the cable assembly market is experiencing rapid growth, fueled by the surging demand for dependable and efficient connectivity solutions across many end-use sectors. Particularly, industries such as automotive, aerospace &...

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Biochar Market to Surpass 700.7 Million by 2030 Drives Due to Environmental Concerns

SkyQuest projects that the biochar market will attain a USD 700.7 million value by 2030, with a CAGR of 13.1% over the forecast period (2023-2030). The global biochar market gained momentum due to heightened recognition of its role in carbon sequestration and enhancing soil health. Biochar emerges as a sustainable remedy for industries, effectively capturing carbon in soil and curbing emissions of greenhouse gases. Westford, USA, Oct. 18, 2023 (GLOBE NEWSWIRE) — According to SkyQuest, the advancement of biochar market growth is substantial, which enhances soil fertility and boosts crop yields. Biochar stands out for its potential to amplify water retention, nutrient absorption, and the overall structure of soil amid challenges to traditional farming practices. This makes it particularly appealing to farmers aiming for escalated...

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MarketWise Announces Leadership Changes to Strengthen Operations and Business Performance; Declares Regular Dividend of Approximately $2.9 Million or $0.01 Per Share; Declares Special Dividend of Approximately $50.0 Million or $0.15 Per Share

BALTIMORE, Oct. 18, 2023 (GLOBE NEWSWIRE) — MarketWise, Inc. (NASDAQ: MKTW) (“MarketWise” or “the Company”), a leading multi-brand digital subscription services platform that provides premium financial research, software, education, and tools for self-directed investors, today announced a series of leadership changes to strengthen the Company’s operations and business performance.The Board of Directors of MarketWise appointed MarketWise founder F. Porter Stansberry as Chairman of the Board and Chief Executive Officer, effective immediately. Amber Lee Mason has resigned as Chief Executive Officer of MarketWise and from the Board of Directors. Mark Gerhard and Riaan Hodgson, both members of the MarketWise Board of Directors, have resigned their positions, effective immediately. Marco Ferri, Chief Corporate Development Officer of...

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Purpose Investments Inc. Announces October 2023 Distributions

TORONTO, Oct. 18, 2023 (GLOBE NEWSWIRE) — Purpose Investments Inc. (“Purpose”) is pleased to announce distributions for the month of October 2023 for its open-end exchange-traded funds and closed-end funds (“the Funds”).         The ex-distribution date for all ETFs is October 26, 2023, with the exception of Purpose Bitcoin Yield ETF and Purpose Ether Yield ETF, which will have an ex-distribution date of October 27, 2023, as well as Purpose High Interest Savings Fund, Purpose US Cash Fund, Purpose Cash Management Fund, and Purpose USD Cash Management Fund which have an ex-distribution date of October 30, 2023. The ex-distribution date for all closed-end funds is October 30, 2023.Open-End Funds TickerSymbol Distributionper share/unit Record Date PayableDate DistributionFrequencyPurpose Core Dividend Fund – ETF Series PDF $...

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Grupo Bafar Reports Third Quarter 2023 Results

CHIHUAHUA, Mexico, Oct. 18, 2023 (GLOBE NEWSWIRE) — Grupo Bafar, S.A.B de C.V. (BMV: BAFARB), a recognized leader in the Mexican food sector, has announced its results for the third quarter of 2023, highlighting solid growth in its main divisions. Results for the Third Quarter of 2023Net sales amounted to $6,197.6 million pesos. Gross profit increased 22.2% with a margin of 31.3%. Operating income increased 26.9%, and EBITDA increased 19.8%.During the third quarter of 2023, Grupo Bafar reaffirms its position as one of the leading food companies in Mexico, consolidating four decades of business success. The company stands out in this period thanks to its solid and steady growth in operating results and financial margins, evidencing solid and strategic management. These achievements not only underscore Grupo Bafar’s ability...

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Brown & Brown, Inc. announces 13% increase in quarterly cash dividend rate

DAYTONA BEACH, Fla., Oct. 18, 2023 (GLOBE NEWSWIRE) — Brown & Brown, Inc. (NYSE: BRO) today announced that the board of directors has declared a regular quarterly cash dividend of $0.13 per share. The dividend is payable on November 15, 2023, to shareholders of record on November 1, 2023. The dividend represents a 13% increase from the previous regular quarterly cash dividend of $0.1150 per share and is Brown & Brown’s 30th consecutive annual dividend increase. About Brown & Brown, Inc. Brown & Brown, Inc. (NYSE: BRO) is a leading insurance brokerage firm, delivering risk management solutions to individuals and businesses since 1939. With 16,000+ teammates in approximately 500 locations worldwide, we are committed to providing innovative strategies to help protect what our customers value most. For more information...

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