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Day: February 6, 2024

Mithra updates on cash position

          Mithra updates on cash positionMithra’s current cash of EUR 6.5 million is expected to cover its current cash runway through early March Mithra is actively engaging with stakeholders Mithra will present its results for the full year 2023 on 8 March 2024Liege, Belgium, 6 February 2024 – 07:00 CET – Mithra (Euronext Brussels: MITRA), a company dedicated to women’s health, today provides an update on its current cash position and its plans to address its runway and creating and optimizing value for all its stakeholders. Update on cash runway Mithra’s management team has been exploring over recent months various strategic options. This includes appointing debt advisors and various investment banks with a view to selling certain assets and raising additional equity capital. As of today, Mithra has sufficient...

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LHV Group’s unaudited financial results for Q4 and 12 months of 2023

With record business volumes, AS LHV Group generated a consolidated net profit of EUR 140.9 million in 2023. All of the Group’s subsidiaries were profitable, both in the last quarter and for the year as a whole. LHV Group’s consolidated net income in 2023 was EUR 310.5 million, which is 79% more than a year earlier. Net interest income increased to EUR 253.8 million (+97%) and net fee and commission income to EUR 54.1 million (+21%). Last year’s consolidated expenditure totalled EUR 134.3 million (+50%). LHV Group’s consolidated net profit of EUR 140.9 million in 2023 was EUR 79.5 million higher than in 2022 (+129%). Among its subsidiaries, AS LHV Pank earned EUR 141.4 million in net profit in 2023, UK Bank Limited EUR 5.3 million, AS LHV Varahaldus EUR 1.7 million, and AS LHV Kindlustus earned a total of EUR 305 thousand in net profit...

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LEXIBOOK: HISTORIC FISCAL SALES FOR Q3 2023-24 OF €30M, UP 28.2%. OVER 9 MONTHS, SALES UP 19.2%. FULL-YEAR SALES AND EARNINGS EXPECTED TO REACH RECORD LEVELS. GOOD PROSPECTS FOR 2024-25.

Les Ulis, February 6, 2024 at 7:00 a.m. LEXIBOOK: HISTORIC FISCAL SALES FOR Q3 2023-24 OF €30M, UP 28.2%. OVER 9 MONTHS, SALES UP 19.2% THANKS TO HIGHER SALES IN FRANCE AND INTERNATIONALLY, PARTICULARLY OF NEW INTELLIGENT TOYS AND LICENSED PRODUCTS. FULL-YEAR SALES AND EARNINGS EXPECTED TO REACH RECORD LEVELS. GOOD PROSPECTS FOR 2024-25.Sales for Q3 2023-24 rose by 28.2% to €30M vs. €23.41M for Q3 2022-2023. Cumulative sales for the 2023-24 fiscal year to date are up 19.23% to €52.15M vs. €43.74M over 9 months. This quarter follows 18 consecutive quarters of growth, once again validating the Group’s strategic choices to position itself in buoyant segments, notably electronic and musical toys, alarm clocks, educational products and cameras. Lexibook thus consolidates its position as European leader in its major segments. The Group...

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eQ Plc’s financial statements release 2023 – eQ’s result for the financial period fell

eQ Plc financial statements release6 February 2024 at 8:00 AM January to December 2023 in briefThe Group’s net revenue during the period was EUR 70.9 million (EUR 77.8 million from 1 Jan. to 31 Dec. 2022). The Group’s net fee and commission income was EUR 70.8 million (EUR 77.1 million). The Group’s operating profit fell by 13% to EUR 39.7 million (EUR 45.7 million). The Group’s profit was EUR 31.5 million (EUR 36.3 million). The consolidated earnings per share were EUR 0.78 (EUR 0.91). The net revenue of the Asset Management segment decreased by 7% to EUR 66.9 million (EUR 71.8 million) and the operating profit by 10% to EUR 41.4 million (EUR 45.9 million). The management fees of the Asset Management segment grew by 1% to EUR 62.0 million (EUR 61.5 million) and the performance fees fell by 50% to EUR 5.4 million (EUR 10.8 million)....

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Telenor Breaks New Ground: World’s Southernmost Base Station Established in Antarctica

Base station AntarcticaBase station at the Norwegian Polar Institute, Antarctica(Antarctica, 6 February 2024) – In a groundbreaking venture, Telenor announces the opening of the world’s southernmost commercial base station in Antarctica, setting a new benchmark for connectivity in the harshest of environments. The Norwegian Polar Institute’s research station in Antarctica, Troll, now has extended reach, connecting a vast area to the outside world with mobile connectivity. The base station was put into operation in February. What makes this base station unique, aside from being the southernmost in the world, is that it’s operated from the world’s northernmost at Ny Ålesund. Experience with operations in polar regionsHead of Telenor Svalbard, Christian Skottun, emphasizes that a strong collaboration with the Norwegian...

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Immix Biopharma Announces Pricing of $15 Million Public Offering of Common Stock

LOS ANGELES, CA, Feb. 05, 2024 (GLOBE NEWSWIRE) — Immix Biopharma, Inc. (“ImmixBio”, “Company”, “We” or “Us” or “IMMX”), a clinical-stage biopharmaceutical company pioneering personalized therapies for oncology and immunology, today announced that it has priced an underwritten public offering of 5,535,055 shares of its common stock at an offering price of $2.71 per share of common stock. ImmixBio has granted the underwriters a 30-day option to purchase up to 783,970 additional shares of its common stock sold in the offering on the same terms and conditions. The Company expects to close the offering on February 8, 2024, subject to the satisfaction of customary closing conditions. Titan Partners Group, a division of American Capital Partners, is acting as sole book-running manager for the offering. The gross proceeds to the Company...

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Northland Power to Host 2024 Investor Day

TORONTO, Feb. 05, 2024 (GLOBE NEWSWIRE) — Northland Power Inc. (“Northland”) (TSX: NPI) announces that it will host its 2024 Investor Day on Tuesday March 5, 2024, starting at 09:30 AM ET. The event will feature presentations from President and CEO, Mike Crawley, and other members of our senior leadership team on the company’s achievements, strategy, construction projects and growth outlook. The presentation will be broadcast live via webcast, with video and will be accessible by web browser. The presentation will be available on Northland’s website following the event. Webcast attendees can pre-register to receive the web access information. Event details: 2024 Investor Day – Northland Power Inc. Date: Tuesday, March 5, 2024 Start Time: 09:30 a.m. ET Please pre-register for the event by visiting the registration link ABOUT NORTHLAND...

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Verizon offers relief to customers most impacted by historic rainfall and flooding in California

$100,000 allocated to support local flood relief efforts by The American Red Cross, Wildcoast and The San Diego Foundation What you need to know:Verizon is waiving domestic call/text/data usage incurred Feb 4 – Feb 13 for prepaid and postpaid consumer and small business customers* in the most impacted parts of California Verizon donates $100,000 to local relief organizationsIRVINE, Calif., Feb. 05, 2024 (GLOBE NEWSWIRE) — In response to devastations caused by the historic rainfall and flooding in California, Verizon is waiving prepaid and postpaid call/text/data usage incurred from February 4 – February 13, for California residents in the areas most impacted by the storm. This will bring relief to the thousands of consumer and small business customers* who rely on their mobile devices now more than ever. This includes...

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KRONOS WORLDWIDE ANNOUNCES EARLY RESULTS OF ITS EXCHANGE OFFER AND CONSENT SOLICITATION

DALLAS, TEXAS, Feb. 05, 2024 (GLOBE NEWSWIRE) — Kronos Worldwide, Inc. (NYSE: KRO) (the “Company”) today announced the early tender results in connection with the previously announced (i) offer to certain eligible holders to exchange up to €325 million principal amount of the outstanding 3.75% Senior Secured Notes due 2025 (the “Old Notes”) of Kronos International, Inc., the Company’s wholly-owned subsidiary (the “Issuer”), for newly issued 9.50% Senior Secured Notes due 2029 of the Issuer (the “New Notes”) plus additional cash consideration, upon the terms and conditions set forth in a Confidential Exchange Offering Memorandum and Consent Solicitation Statement dated January 23, 2024 (the “Exchange Offer”) and (ii) solicitation of consents by such eligible holders to adopt certain proposed amendments (the “Proposed Amendments”)...

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