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Day: February 22, 2024

Telix 2023 Full Year Results: Inaugural Profit Achieved, Strong Revenue Growth Underpins Investment in Late-stage Pipeline

MELBOURNE, Australia, Feb. 22, 2024 (GLOBE NEWSWIRE) — Telix Pharmaceuticals Limited (ASX: TLX, Telix, the Company) today announces its results for the financial year ended 31 December 2023. All figures are in AUD$ unless otherwise stated.1 2023 highlightsTotal Group revenue of $502.5M, an increase of 214% from $160.1M in 2022 primarily driven by continued strong growth in sales of Illuccix® in the second year since commercial launch (April 2022) Delivered positive adjusted earnings before interest, tax, depreciation, and amortisation (adjusted EBITDA) of $58.4M an increase of $126.2M, compared to a loss of $67.8M in 2022 Inaugural full year profit of $5.2M after tax. A substantial improvement on the net loss after tax of $104.1M in 2022 Investment in research and development (R&D) and selling, general and administration...

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In 2023 cBrain grew revenue by 27% and delivered record high earnings before tax margin (EBT margin) of 34%

Company Announcement no. 03/2024 In 2023 cBrain grew revenue by 27% and delivered record high earnings before tax margin (EBT margin) of 34%Copenhagen, February 22, 2024Total revenues grew by +27% to DKK 239m in 2023, up from DKK 188m in 2022. Earnings before tax (EBT) grew by +66% to DKK 81m in 2023, up from DKK 49m in 2022. cBrain (NASDAQ: CBRAIN) thereby reports record high earnings before tax margin (EBT margin) of 34%. cBrain is well on track and executes the 2023-2025 growth plan. The growth plan is based on organic growth, combined with a strong positive cashflow. Fully aligned with the 2023-2025 growth plan, total software revenue, which is based on software licenses and software subscriptions, grew +40%, to DKK 189m in 2023 up from DKK 131m in 2022, while implementation and support services declined by -5% to DKK 50m in 2023,...

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FORVIA POST 21 FEBRUARY CONFERENCE CALL

NANTERRE (FRANCE)FEBRUARY 22, 2024 CONFERENCE CALL OF FEBRUARY 21, 2024 TO ANSWER MAIN QUESTIONS RELATING TOTHE 2024 GUIDANCE AND POWER 25 AMBITION THE REVERSE FACTORING PROGRAM THE EU-FORWARD PROJECTOn February 19, FORVIA presented robust 2023 annual results, in line with the Group’s strategic priorities. The 2023 results and the guidance for 2024 confirm the Group’s capability to sustainably generate strong net cash flow, contributing to deleveraging the Group. The Group also reiterated its POWER25 objectives, including the continuation of its deleveraging priority. During a conference call held February 21 at 3pm (Paris time) by the Company’s management, Patrick KOLLER (Chief Executive Officer) and Olivier DURAND (Chief Financial Officer) confirmed guidance for 2024 and POWER25 objectives, answered questions from analysts...

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Prosafe SE: Extraordinary General Meeting completed

Pursuant to the Notice of 30 January 2024, an Extraordinary General Meeting of Prosafe SE was held today, 22 February 2024. The Extraordinary General Meeting resolved to approve all matters as proposed in the Notice. The minutes from the Extraordinary General Meeting are attached and can be downloaded from http://www.newsweb.no and https://www.prosafe.com Prosafe is a leading owner and operator of semi-submersible accommodation vessels. The company is listed on the Oslo Stock Exchange with ticker code PRS. For more information, please refer to https://www.prosafe.com 22 February 2024 Prosafe SE For further information, please contact: Glen Ole Rødland, Chairman of Prosafe SE Phone: +47 907 41 662 Terje Askvig, CEO Phone: +47 952 03 886 This information is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian...

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Hitachi Energy invests over 30 million euros to expand transformer operations in Germany

The expansion and modernization of the power transformer manufacturing facility in Bad Honnef will generate up to 100 new jobs in the region. Set for completion in 2026, the investment expands the company’s global footprint and capacity at speed, addressing the accelerating demand for transformers to meet Europe’s energy transition.Hitachi Energy invests over 30 million euros to expand transformer operations in GermanyVisualization of the facility in Bad Honnef, GermanyZurich, Switzerland, Feb. 22, 2024 (GLOBE NEWSWIRE) — Hitachi Energy today announced an investment of more than 30 million euros (approx. $32 million) in the expansion and modernization of its power transformer manufacturing facility in Bad Honnef, Germany. Expected to be completed in 2026, the project will generate up to 100 new jobs in the region...

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BE Semiconductor Industries N.V. Announces Q4-23 and Full Year 2023 Results

Q4-23 Revenue and Net Income of € 159.6 Million and € 54.9 Million,Up 15.9% and 36.6%, Respectively, vs. Q4-22. Results Exceed Prior Guidance. Orders of € 166.4 Million, Up 30.7% vs. Q3-23 FY-23 Revenue and Net Income of € 578.9 Million and € 177.1 Million, Respectively Proposed Dividend of € 2.15 per Share for Fiscal 2023. 94% Pay-Out Ratio DUIVEN, the Netherlands, Feb. 22, 2024 (GLOBE NEWSWIRE) — BE Semiconductor Industries N.V. (the “Company” or “Besi”) (Euronext Amsterdam: BESI; OTC markets: BESIY), a leading manufacturer of assembly equipment for the semiconductor industry, today announced its results for the fourth quarter and year ended December 31, 2023. Highlights Q4-23Revenue of € 159.6 million, up 29.4% vs. Q3-23 and 15.9% vs. Q4-22 due to increased shipments for hybrid bonding, photonics and other...

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Nokia adds Virtual Power Plant to its leading energy efficiency solution portfolio #MWC24

Press Release Nokia adds Virtual Power Plant to its leading energy efficiency solution portfolio #MWC24Nokia’s innovative Virtual Power Plant Controller Software helps mobile operators monetize the existing backup batteries at base station sites Joins Nokia’s portfolio of market-leading energy-efficient solutions that reduce the energy consumption, carbon emissions and related costs of mobile networks Nokia also introduces ‘zero traffic, zero energy’ extreme deep sleep power mode for Massive MIMO radios, and the Liquid Cooled baseband hotel solution Demonstrates Nokia’s continued commitment to the energy efficiency of its products   22nd February 2024Espoo, Finland – Nokia today announced the launch of the Nokia Virtual Power Plant (VPP) Controller Software, a unique near-real-time software-based end-to-end platform that helps...

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cBrain guides continued growth and solid earnings in 2024 and suggests a dividend raise by 33%

  Company Announcement no. 02/2024 cBrain guides continued growth and solid earnings in 2024 and suggests a dividend raise by 33%   Copenhagen, February 22, 2024   The cBrain 2023-2025 growth plan is based on organic growth and strong positive cash flow. In order to execute the plan, cBrain has reallocated internal resources to help build a climate software market position and a partner ecosystem. cBrain (NASDAQ: CBRAIN) has communicated that the reallocation of resources would negatively impact growth as well as earnings during the investment period. cBrain therefore communicated an ambition to reach 20% revenue growth during 2023-2024 as well as a lower level of earnings. Despite the reallocation of resources, cBrain experiences significant growth in both sale of software licenses and software subscriptions as the customer base continue...

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AS Tallink Grupp unaudited consolidated Interim Report for the fourth quarter and 12 months of 2023

The results of AS Tallink Grupp for the fourth quarter and 12 months 2023 will be introduced at an Investor Webinar held today at 12:00 (EEST). To participate, please join via the following link; we kindly ask participants to provide their questions latest by 11:00 am by email to: investor@tallink.ee. Further details are available in a previously published announcement. In the financial year 2023 (1 January – 31 December), AS Tallink Grupp and its subsidiaries (hereinafter referred to as “the Group”) carried 5 705 600 passengers, which is 4.5% more than in the financial year 2022. The number of cargo units transported decreased by 20.9% compared to the previous financial year. The Group’s unaudited consolidated revenue amounted to EUR 835.3 million (EUR 771.4 million in the financial year 2022), up by 8.3% year-on-year. Unaudited EBITDA...

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IOT in Manufacturing Market Set to Soar Past USD 2114.33 Billion by 2031

The global IOT in Manufacturing market size is expected to reach USD 2114.33 billion by 2031 and exhibit a CAGR of 23.30% in the forecast period (2024−2031), according to Skyquest’s latest research report. The improved operational efficiency through real-time monitoring and data analytics, enhanced predictive maintenance, which reduces downtime and maintenance costs, increased automation and robotics integration, leading to greater precision and productivity, improved supply chain management and inventory control, and the potential for developing new revenue streams through IoT-enabled products and services is fueling the market’s growth. Westford,USA, Feb. 22, 2024 (GLOBE NEWSWIRE) — According to SkyQuest’s latest global research of the IoT in the Manufacturing market, increasing adoption of edge computing and...

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