Month: April 2024
First Half Fiscal 2024 ResultsIssy-les-Moulineaux, France – April 19, 2024 First Half Fiscal 2024 highlightsSuccessful spin-off and listing on Euronext Paris on February 1, 2024
Organic revenue growth of +24% incl. +26% in Q2, reflecting buoyant performance across all regions
Strong Recurring EBITDA at €201 million, i.e. +28% organic growth; 34.4% margin at constant rates
Net profit of €68 million reflecting higher one-time items, mostly spin-off related
Recurring free cash flow of €228 million, with strong Recurring Cash conversion of 113%
Net cash position of €1,065 million, increasing by €206 million since August 31, 2023
Fiscal 2024 financial objectives raised: Organic revenue growth expected between 15% to 17% and Recurring EBITDA margin expected at 35% at least including standalone costs at constant rates, while reaffirming...
Sodexo – Financial report for First half Fiscal 2024 available
Written by Customer Service on . Posted in Earnings Releases And Operating Results.
Regulated informationIssy-les-Moulineaux, April 19, 2024
Financial Report for First half Fiscal 2024 available
Sodexo announces that its First half Fiscal 2024 Financial report is available online and filed with the Autorité des marchés financiers (AMF).
This document is available on Sodexo’s website, www.sodexo.com, under “Regulated information” in the ”Investors section”. It includes the condensed consolidated financial statements for First half Fiscal 2024, the First half activity report, the statement of responsibility for the First half financial report as well as the auditors’ report on the limited review of the above-mentioned financial statements.
About Sodexo
Founded in Marseille in 1966 by Pierre Bellon, Sodexo is the global leader in sustainable food and valued experiences at every moment in life: learn, work, heal and...
Evs Invites Its Shareholders to the Ordinary General Meeting and an Extraordinary General Meeting on May 21, 2024
Written by Customer Service on . Posted in Public Companies.
Publication on April 19, 2024, at 6:30 am before market openingRegulated informationEVS Broadcast Equipment S.A.: Euronext Brussels (EVS.BR), Bloomberg (EVS BB), Reuters (EVSB.BR)
EVS INVITES ITS SHAREHOLDERS TO THE ORDINARY GENERAL MEETING AND AN EXTRAORDINARY GENERAL MEETING ON MAY 21, 2024
EVS Broadcast Equipment, leading provider of live video production systems, published today the invitation to its Ordinary General Meeting, to be held on May 21, 2024, at 11 am, at its registered office in Liège, to deliberate on the agenda available on the website of the company (see link below).
Aside from the usual topics, including the 2023 annual and sustainability reports, the Board of Directors will propose to the Shareholders to approve the following resolutions:The payment of a total gross dividend of EUR 1.10 per share (including the interim...
Icelandic Salmon – Annual Report for 2023
Written by Customer Service on . Posted in Public Companies.
Bíldudalur, 19 April 2023
Icelandic Salmon AS (Euronext Growth Oslo and First North Iceland: ISLAX) has today published its integrated Annual Report for 2023, including sustainability reporting and complete annual accounts with notes. The report is attached and available on the company‘s website: https://arnarlax.is/investors/
“In 2023, Icelandic Salmon supplied the world markets with a record-breaking 17,919 tonnes of salmon, thanks to the dedicated work of our employees. Despite facing many challenges this year – including macroeconomic changes, geopolitical tensions, and biological obstacles – we prioritised the health and wellbeing of our fish. Looking ahead, we are committed to sustaining this priority while growing our operations,” Bjørn Hembre, CEO of Icelandic Salmon and Arnarlax says.
In Bjørn‘s letter, which in included...
Hepsor AS 2023 audited annual report
Written by Customer Service on . Posted in Public Companies.
The Management Board of Hepsor AS has prepared the audited annual report for 2023. Compared to the unaudited interim report published on 14 February 2024, there are no material differences in the audited report.
The consolidated sales revenue of Hepsor for the 2023 financial year amounted to 41.1 million euros and the net profit was 3.5 million euros (including a share of 1.2 million euros for the parent company’s owners).
Completed development projects – During the 2023, a total of 274 new homes were handed over to customers (number of real rights contracts) from the Paevälja Courtyard Homes and Lilleküla Homes projects in Tallinn, as well as from the Kuldigas Parks, Mārupes Dārzs, and Strēlnieku 4b projects in Riga. By the end of the year, all homes in the Kuldigas Parks project were sold.
In the commercial real estate segment,...
Cumulus Media Announces Amendment and Extension of Withdrawal Deadline and Expiration Time for Exchange Offer and Consent Solicitation
Written by Customer Service on . Posted in Public Companies.
ATLANTA, April 18, 2024 (GLOBE NEWSWIRE) — Cumulus Media Inc. (NASDAQ: CMLS) (the “Company” or “Cumulus”) today announced that its subsidiary, Cumulus Media New Holdings Inc. (the “Issuer”), has amended its previously announced offer to exchange (as so amended, the “Exchange Offer”) any and all of the Issuer’s outstanding 6.750% Senior Secured First-Lien Notes due 2026 (the “Old Notes”) for new 8.000% Senior Secured First-Lien Notes due 2029 (“New Notes”) to be issued by the Issuer, upon the terms of and subject to the conditions set forth in the confidential offering memorandum and consent solicitation statement (as supplemented, the “Offering Memorandum”) dated February 27, 2024, as amended by Supplement No. 1 (“Supplement No. 1”) dated April 18, 2024. All capitalized terms not defined herein are defined in the Offering Memorandum,...
Cumulus Announces Selected Preliminary Operating Results for First Quarter 2024
Written by Customer Service on . Posted in Public Companies.
ATLANTA, April 18, 2024 (GLOBE NEWSWIRE) — Cumulus Media Inc. (NASDAQ: CMLS) (the “Company,” “Cumulus Media,” “we,” “us,” or “our”) today announced selected preliminary operating results for the three months ended March 31, 2024.
For the three months ended March 31, 2024, the Company expects to report net revenue in a range of $199.0 million to $201.0 million, net loss in a range of $(14.9) million to $(13.4) million, and Adjusted EBITDA(1) in a range of $7.65 million to $9.15 million. The Company will issue a press release reporting its first quarter 2024 operating results at approximately 8:00 AM EDT on Friday, May 3rd and will host a conference call to discuss these results at 8:30 AM EDT that day. Conference call details can be found later in this press release.
Preliminary...
UPDATE: LifeWallet Announces a Comprehensive Settlement with a Group of Affiliated Property & Casualty Insurers
Written by Customer Service on . Posted in Public Companies.
CORAL GABLES, Fla., April 18, 2024 (GLOBE NEWSWIRE) — MSP Recovery, Inc. d/b/a LifeWallet (NASDAQ: LIFW) (“LifeWallet” or “the Company”) announces another comprehensive settlement with a group of affiliated property and casualty insurers (“P&C Insurers”) that write personal lines of P&C insurance in multiple states. In addition to settling existing claims, the settlement establishes a going-forward process to collaboratively and timely resolve future claims, as well as share important historical data that is expected to enhance LifeWallet’s claims reconciliation capabilities, benefiting its Medicare clients across the mainland U.S. and Puerto Rico. The settlement includes:The P&C Insurers’ agreement to provide historical data for claimants and also assist LifeWallet in reconciling its relevant current and future...
William H. Reinhardt Elected Vice President – Research, Adams Diversified Equity Fund
Written by Customer Service on . Posted in Public Companies.
BALTIMORE, Md., April 18, 2024 (GLOBE NEWSWIRE) — Adams Diversified Equity Fund (NYSE: ADX) announced that William H. Reinhardt has been elected Vice President-Research, effective April 18, 2024.
Mr. Reinhardt joined Adams Diversified Equity Fund in February 2023 as a senior equity analyst covering the Industrials sector. Prior to joining the Fund, Mr. Reinhardt worked at Monarch Partners and before that, at Columbia Threadneedle, as a senior equity analyst covering Industrials, Materials, and Energy. His over eighteen years of experience also includes equity research positions with Lazard Capital Markets and Citigroup.
“This is a well-deserved promotion for Will. His depth of knowledge and work ethic have enabled Will to successfully integrate with the rest of the team and contribute meaningfully to our success,” said Jim Haynie,...
Top Wealth Group Holding Limited Announces Closing of Initial Public Offering
Written by Customer Service on . Posted in Public Companies.
Hong Kong, April 18, 2024 (GLOBE NEWSWIRE) — Top Wealth Group Holding Limited (the “Company” or “Top Wealth”), a Hong Kong-based supplier of luxury caviar products, today announced the closing of its initial public offering (the “Offering”) of 2,000,000 ordinary shares at a public offering price of US$4.00 per ordinary share. The ordinary shares began trading on the Nasdaq Capital Market on April 16, 2023, under the ticker symbol “TWG.”
The Company received aggregate gross proceeds of US$8 million from the Offering, before deducting underwriting discounts and other related expenses. In addition, the Company has granted the underwriters a 45-day option to purchase up to an additional 300,000 ordinary shares at the public offering price after the closing of the Offering, less underwriting discounts.
Proceeds from the Offering will...