Month: January 2024
First quarter 2023–2024 sales: up 8.1%
11.0% organic growth in line with last fiscal yearThe EXEL Industries Group posted revenue of €200.1 million for the first quarter of the 2023–2024 fiscal year, up 8.1%, driven mainly by organic growth in sugar beet harvesting and industry.
Growth at constant consolidation scope and foreign exchange rates was 11.0%.
The change in consolidation scope arising from the Devaux group acquisition in June 2023 contributed €1.3 million to first quarter revenue.3-monthsales(October 2023-December 2023)
2022–2023
2023–2024
Change (reported)
Change (LFL*)Reported
Reported
€m
%
€m
%
AGRICULTURAL SPRAYING
89.0
90.9
+1.9
+2.1%
+5.6
+6.3%SUGAR BEET HARVESTING
...
Tryg Forsikring A/S – Financial highlights – 2023
Written by Customer Service on . Posted in Public Companies.
Tryg Forsikring’s full annual report for 2023 will be published 9 February 2024
Annual report 2023 for the entire Tryg Group is available on Tryg.com.
Insurance service result of DKK 6,399m (DKK 6,292m1) in 2023 impacted positively by a good growth of 4.8%, DKK 711m (DKK 406m) synergies from the RSA Scandinavia acquisition, significantly higher interest rates but also weakened Swedish and Norwegian currencies. The combined ratio was 82.8 (83.2) driven by a generally improved underlying performance but also a year with high level of weather related claims in all our main markets. Investment results of DKK 615m primarily impacted by positive returns from equities and fixed-income asset classes. Overall pre-tax profit was DKK 5,199m and profit after tax was DKK 3,993m Financial highlights 2023Premium growth of 4.8% in local currencies
Insurance...
BioSenic presents new Phase 3 data on JTA-004 to treat severe osteoarthritis pain at the 2024 OARSI World Congress
Written by Customer Service on . Posted in Public Companies.
PRESS RELEASE
BioSenic presents new Phase 3 data on JTA-004 to treat severe osteoarthritis pain at the 2024 OARSI World Congress
Using a recently published approach to stratify patients with knee osteoarthritis, an external post hoc analysis of Phase 3 data showed JTA-004 is safe and efficient for treating pain symptoms in the most severely affected patients.
Mont-Saint-Guibert, Belgium, January 25 2024, 7.00 am CET – BioSenic (Euronext Brussels and Paris: BIOS), the clinical-stage company specializing in serious autoimmune and inflammatory diseases and cell therapy, will for the first time share post hoc data on its late-clinical asset JTA-004 at the Osteoarthritis Research Society International (OARSI) World Congress 2024. The post hoc analysis of a Phase 3 study found that a single injection of JTA-004 was safe and efficacious for patients...
MAISONS DU MONDE: FOURTH-QUARTER AND FULL-YEAR 2023 TRADING UPDATE
Written by Customer Service on . Posted in Public Companies.
PRESS RELEASENantes, 25 January 2024
FOURTH-QUARTER AND FULL-YEAR 2023 TRADING UPDATE
Q4 sales down -7.9%, marking sequential improvementvs preceding 9 months in a persistently challenging environment
Full-Year sales at -9.3%, vs c.-10% adjusted guidanceGroup GMV: Q4 at €367.9m (-5.5% yoy), FY at €1,263.9m (-5.5% yoy)o/w Marketplace GMV: Q4 at €49.4m (+24.4% yoy), FY at €176.9M (+45.7% yoy)
Group sales: Q4 at €329.6m (-7.9% yoy), FY at €1,125.4m (-9.3% yoy)
FY 2023 adjusted guidance on EBIT and FCF confirmedSALES DETAILS
Q4 2023
Q4 2022
%Change
FY 2023
FY 2022
%Change
(in EUR million)
Group GMV
367.9
389.1
-5.5%
1 263.9
1 337.1
-5.5%Sales
329.6
358.0
-7.9%
1 125.4
1 240.4
-9.3%Sales by product category
Decoration
215.2
240.3...
Nokia Corporation Financial Report for Q4 and full year 2023
Written by Customer Service on . Posted in Public Companies.
Nokia CorporationFinancial Statement Release25 January 2024 at 08:00 EET
Nokia Corporation Financial Report for Q4 and full year 2023
Improving order intake and cash flow at the end of a challenging yearNet sales declined 21% y-o-y in constant currency (-23% reported) in Q4 as macroeconomic uncertainty continues to pressure operator spending. Full year net sales declined 8% y-o-y in constant currency (-11% reported).
In Q4 the environment remained challenging however there are now signs of stabilization with improving order trends.
Comparable gross margin in Q4 declined by 40bps y-o-y to 43.1% (reported declined 100bps to 41.8%). Significant improvements in Mobile Networks and Cloud and Network Services were offset by lower contribution from Nokia Technologies which benefited from a significant one-off in the prior year.
Q4 comparable...
STMicroelectronics Reports Q4 and FY 2023 Financial Results
Written by Customer Service on . Posted in Public Companies.
PR No: C3230C
STMicroelectronics Reports Q4 and FY 2023 Financial ResultsQ4 net revenues $4.28 billion; gross margin 45.5%; operating margin 23.9%; net income $1.08 billion
FY net revenues $17.29 billion; gross margin 47.9%; operating margin 26.7%; net income $4.21 billion
Business outlook at mid-point: Q1 net revenues of $3.6 billion and gross margin of 42.3%Geneva, January 25, 2024 – STMicroelectronics N.V. (“ST”) (NYSE: STM), a global semiconductor leader serving customers across the spectrum of electronics applications, reported U.S. GAAP financial results for the fourth quarter ended December 31, 2023. This press release also contains non-U.S. GAAP measures (see Appendix for additional information).
ST reported fourth quarter net revenues of $4.28 billion, gross margin of 45.5%, operating margin of 23.9%, and net income of $1.08...
CANADA CARBON INC. COMPLETES SHARES FOR DEBT TRANSACTION
Written by Customer Service on . Posted in Public Companies.
Toronto, ON, Canada, Jan. 24, 2024 (GLOBE NEWSWIRE) — Further to its press release dated January 9, 2023, Canada Carbon Inc. (the “Company“) (TSX-V: CCB) (OTC: BRUZF) (Frankfurt: U7N1) announces that it has received TSXV approval for an agreement to extinguish an aggregate of $145,417 in debt owing to former Chief Financial Officer and Chief Executive Officer, Olga Nikitovic. The debt was extinguished in consideration for the issuance of an aggregate of 4,406,575 common shares in the capital of the Company (the “Common Shares”) at a deemed price of $0.033 per share (the “Debt Settlement”).
The Common Shares issued pursuant to the Debt Settlement will be subject to a statutory four month and one day hold period expiring on May 25, 2024.
CANADA CARBON INC.
“Ellerton Castor”Chief Executive Officer and DirectorContact...
Northfield Bancorp, Inc. Announces the Appointment of Dr. Rachana A. Kulkarni to Its Board of Directors
Written by Customer Service on . Posted in Public Companies.
WOODBRIDGE, N.J., Jan. 24, 2024 (GLOBE NEWSWIRE) — NORTHFIELD BANCORP, INC. (Nasdaq:NFBK) (the “Company’), today announced that its Boards of Directors appointed Dr. Rachana A. Kulkarni as a director of both the Company and Northfield Bank effective February 1, 2024.
Steven M. Klein, Chairman and CEO commented, “I’m pleased to announce that our Boards, under the leadership of its Nominating and Corporate Governance Committee, have appointed an esteemed and well-respected individual in Dr. Kulkarni. Rachana’s diverse skills, life experiences, and contributions to her community, will play a key role in our continued development and growth.”
Dr. Kulkarni is President and Managing Partner of Medicor Cardiology, a leading cardiology group in New Jersey, and Regional Director of Cardiology of Barnabas Health Corp. Dr. Kulkarni, a resident...
Northfield Bancorp, Inc. Announces Fourth Quarter and Year End 2023 Results
Written by Customer Service on . Posted in Earnings Releases And Operating Results.
NOTABLE ITEMS INCLUDE:
FOURTH QUARTER 2023DILUTED EARNINGS PER SHARE OF $0.19 FOR THE FOURTH QUARTER OF 2023, COMPARED TO $0.19 FOR THE TRAILING QUARTER, AND $0.31 FOR THE FOURTH QUARTER OF 2022.
NET INTEREST MARGIN COMPRESSION SLOWED TO EIGHT BASIS POINTS COMPARED TO A NINE BASIS POINT DECREASE FOR THE QUARTER ENDED SEPTEMBER 30, 2023.
TOTAL DEPOSITS (EXCLUDING BROKERED) INCREASED BY APPROXIMATELY $110 MILLION, OR 12% ANNUALIZED, FROM SEPTEMBER 30, 2023.
COST OF DEPOSITS WAS 175 BASIS POINTS FOR THE CURRENT QUARTER AS COMPARED TO 146 BASIS POINTS FOR THE TRAILING QUARTER.
LOAN BALANCES DECLINED MODESTLY FROM SEPTEMBER 2023 WITH DECREASES IN MULTIFAMILY, COMMERCIAL MORTGAGE, ONE-TO FOUR FAMILY, AND CONSTRUCTION AND LAND LOANS BEING PARTIALLY OFFSET BY INCREASES IN HOME EQUITY LOANS AND LINES OF CREDIT, AND COMMERCIAL AND INDUSTRIAL LOANS.
CREDIT...
Euronet Announces Fourth Quarter and Full Year 2023 Earnings Release Date and Conference Call Details
Written by Customer Service on . Posted in Public Companies.
LEAWOOD, Kan., Jan. 24, 2024 (GLOBE NEWSWIRE) — Euronet (or the “Company”) (NASDAQ: EEFT) announced today it will release fourth quarter and full year 2023 earnings results prior to the market opening on Wednesday, February 7, 2024. Euronet will hold a conference call the same day at 9:00 a.m. Eastern Time to discuss the results.
The conference call and accompanying slide show presentation will be accessible via webcast by following the link posted on http://ir.euronetworldwide.com. Participants wanting to access the conference call by telephone must register at Euronet Worldwide Fourth Quarter 2023 Earnings Call to receive dial-in information. While not required, it is recommended participants join the call five minutes prior to the event start.
A webcast replay will be available beginning approximately one hour after the event...