Day: January 26, 2024

Scatec FY & Q4 financial results: A year of delivering on strategy, record construction activity at attractive margins in 2023

Written by Customer Service on January 26, 2024. Posted in Public Companies.

Oslo, 26 January 2024: In the fourth quarter, Scatec reported proportionate revenues of NOK 1.7 billion (1.8), with an EBITDA of NOK 808 million (786). In the development and construction segment, we delivered revenues of NOK 532 million (627) with a gross margin of 15 percent. For the year we reported all-time high proportionate revenues of NOK 12.7 billion (5.1) and EBITDA of NOK 3.8 billion (2.6), driven by high construction activity. “Throughout 2023 we delivered on our strategy, and I am proud of the achievements by our global team. EBITDA from our operating assets reached NOK 3.2 billion and we generated 3.6 TWh of clean energy with no lost time incidents, while our power plants helped to avoid 3.9 million tonnes of greenhouse gas emissions,” says Scatec CEO Terje Pilskog. In the fourth quarter 2023 Scatec generated proportionate...

Signify reports full-year sales of EUR 6.7 billion, operational profitability of 10.0% and a free cash flow of 8.7% of sales

Written by Customer Service on January 26, 2024. Posted in Public Companies.

Press Release January 26, 2024 Signify reports full-year sales of EUR 6.7 billion, operational profitability of 10.0% and a free cash flow of 8.7% of sales Full year 20231Signify’s installed base of connected light points increased from 114 million at YE 22 to 124 million at YE 23 On track for three Brighter Lives, Better World 2025 sustainability program commitments Sales of EUR 6,704 million; nominal sales decline of -10.8% and CSG of -8.3% LED-based sales represented 85% of total sales (FY 22: 83%) Adj. EBITA margin of 10.0% (FY 22: 10.1%) Net income of EUR 215 million (FY 22: EUR 532 million incl. one-time effects of EUR 184 million) Free cash flow of EUR 586 million (FY 22: EUR 445 million), representing 8.7% of salesFourth quarter 2023Sales of EUR 1,734 million; nominal sales decline of -12.3% and CSG of -7.7% Adj....

Telia Lietuva results for 12 months of 2023

Written by Customer Service on January 26, 2024. Posted in Public Companies.

The Board of Telia Lietuva, AB (hereinafter “Telia Lietuva” or “the Company”) approved unaudited Telia Lietuva, AB Interim Financial Statements, prepared according to International Financial Reporting Standards as adopted by the European Union, for 12 months’ period ended 31 December 2023. Fourth quarter of 2023 (compared with the same period a year ago):Revenue grew by 5.9% and amounted to EUR 123.3 million (EUR 116.4 million) Adjusted EBITDA up by 7.8% to EUR 39.3 million (EUR 36.5 million) EBITDA increased by 5.6% and amounted to EUR 38.3 million (EUR 36.3 million) Profit for the period went down by 9.7% to EUR 13.3 million (EUR 14.7 million) Free cash flow amounted to EUR 16.4 million (EUR -5.4 million)12 months of 2023 (compared with the same period a year ago):Revenue grew by 7.2% and amounted to EUR 476.6 million (EUR 444.6...

Québec Superior Court suspends provisions of Bill 21

Written by Customer Service on January 26, 2024. Posted in Public Companies.

THIS NEWS RELEASE IS NOT FOR DISSEMINATION OR DISTRIBUTION IN THE UNITED STATES OF AMERICA TO UNITED STATES NEWSWIRE SERVICES OR UNITED STATES PERSONS CALGARY, Alberta, Jan. 26, 2024 (GLOBE NEWSWIRE) — Questerre Energy Corporation (“Questerre” or the “Company”) (TSX,OSE:QEC) reported today on the ruling by the Québec Superior Court (Civil Division) on the Company’s application to stay certain provisions of the Act ending exploration for petroleum and underground reservoirs and production of petroleum and brine (the “Act”), for the duration of the judicial proceedings. Michael Binnion, President, and Chief Executive Officer of Questerre, commented, “This exceptional ruling in our favor preserves our legal rights as we continue to work for a political and business solution to the situation in Québec. We remain hopeful for a solution...

YanGuFang Announces Receipt of Nasdaq Notice of Deficiency Resulting from Resignation of Director

Written by Customer Service on January 26, 2024. Posted in Public Companies.

SHANGHAI, China, Jan. 25, 2024 (GLOBE NEWSWIRE) — YanGuFang International Group Co., Ltd. (Nasdaq: YGF) (“YanGuFang” or the “Company”), a health food company primarily engaged in the production, sourcing, research, development, and sales and distribution of oat and grain products across China and internationally, today announced that it received a deficiency notice (the “Notice”) from the Nasdaq Stock Market LLC (“Nasdaq”) on January 19, 2024. The deficiency cited by Nasdaq was due to the resignation of Mr. Jiangping Xiao, an independent director of the Company, from the board of directors (the “Board”) and the audit committee of the Board (the “Audit Committee”). As a result of the Resignation of Mr. Xiao, the Company is no longer in compliance with Nasdaq’s independent director and audit committee requirements as set forth in...

HEALWELL AI to Acquire Intrahealth to Create Next Generation AI Powered EHR

Written by Customer Service on January 26, 2024. Posted in Mergers And Acquisitions.

HEALWELL enters into agreement to acquire Intrahealth, a SaaS based enterprise class multi-national EHR (Electronic Health Record) provider supporting approximately 15,000 clinicians providing care for millions of patients from small clinics to large health delivery organizations in its global network across Canada, Australia and New Zealand. Intrahealth is expected to generate over $12 million in revenues in 2024, which reflects double digit organic growth. Historically, Intrahealth has achieved over 80% gross margins, produced positive EBITDA, and positive cashflows. Over 80% of its revenue is high margin recurring revenue. HEALWELL’s plan is to deeply integrate its industry leading AI tools with Intrahealth and help create a next generation AI Powered EHR to help significantly amplify healthcare providers and allow them to drive better...

Kayne Anderson Energy Infrastructure Fund Files 2023 Annual Report

Written by Customer Service on January 26, 2024. Posted in Public Companies.

HOUSTON, Jan. 25, 2024 (GLOBE NEWSWIRE) — Kayne Anderson Energy Infrastructure Fund, Inc. (the “Company”) (NYSE: KYN) announced today that the Company’s annual report for the fiscal year ended November 30, 2023 is available online at www.kaynefunds.com. To request a hard copy of this report, free of charge, please call 877-657-3863 or email cef@kaynecapital.com. Kayne Anderson Energy Infrastructure Fund, Inc. (NYSE: KYN) is a non-diversified, closed-end management investment company registered under the Investment Company Act of 1940, as amended, whose common stock is traded on the NYSE. The Company’s investment objective is to provide a high after-tax total return with an emphasis on making cash distributions to stockholders. KYN intends to achieve this objective by investing at least 80% of its total assets in securities of Energy...

Sagimet Biosciences Announces Pricing of Public Offering of Series A Common Stock

Written by Customer Service on January 26, 2024. Posted in Public Companies.

SAN MATEO, Calif., Jan. 25, 2024 (GLOBE NEWSWIRE) — Sagimet Biosciences Inc. (“Sagimet”) (Nasdaq: SGMT), a clinical-stage biopharmaceutical company developing novel fatty acid synthase (FASN) inhibitors designed to target dysfunctional metabolic and fibrotic pathways, today announced the pricing of its underwritten public offering of 9,000,000 shares of its Series A common stock at a public offering price of $12.50 per share. The gross proceeds from the offering, before deducting underwriting discounts and commissions and other offering expenses, are expected to be $112.5 million. In addition, Sagimet has granted the underwriters a 30-day option to purchase up to an additional 1,350,000 shares of its Series A common stock at the public offering price, less underwriting discounts and commissions. All of the shares in the offering...

Faircourt Asset Management Inc. Announces January Distribution

Written by Customer Service on January 26, 2024. Posted in Public Companies.

Toronto, ON, Jan. 25, 2024 (GLOBE NEWSWIRE) — Faircourt Asset Management Inc., as Manager of the Faircourt Fund (NEO:FGX), is pleased to announce the monthly distribution payable on the Shares of the below listed Fund.Faircourt Funds Trading Symbol Distribution Amount (per share/unit) Ex-Dividend Date Record Date Payable DateFaircourt Gold Income Corp. FGX $0.024 January 30, 2024 January 31, 2024 February 14, 2024Faircourt Asset Management Inc. is the Investment Advisor for Faircourt Gold Income Corp. This press release is not for distribution in the United States or over United States wire services. For further information on the Faircourt Funds, please visit www.faircourtassetmgt.com or please contact 1-800-831-0304. You will usually pay brokerage fees to your dealer if you purchase or sell Shares of the Fund on the...

Flowers Foods to Report Fourth Quarter and Full Year 2023 Results

Written by Customer Service on January 26, 2024. Posted in Public Companies.

THOMASVILLE, Ga., Jan. 25, 2024 (GLOBE NEWSWIRE) — Flowers Foods, Inc. (NYSE: FLO) will report its fourth quarter and full year 2023 financial results on Thursday, February 8, 2024, after market close. On Friday, February 9, 2024, at 8:30 a.m. Eastern, the company will host a live question and answer webcast. A link to the webcast, press release, pre-recorded remarks by management with accompanying transcript, and supporting slide presentation will be posted on the investors page at www.flowersfoods.com. A replay will be available at the same link following the event. Investor Contact: Eric.Jacobson@flocorp.com About Flowers FoodsHeadquartered in Thomasville, Ga., Flowers Foods, Inc. (NYSE: FLO) is one of the largest producers of packaged bakery foods in the United States with 2022 sales of $4.8 billion. Flowers operates bakeries...

Day: January 26, 2024

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