Day: May 7, 2024

  Trifork Group – Interim report for the quarter ending 31 March 2024 Company announcement no. 25 / 2024Schindellegi, Switzerland – 7 May 2024 Trifork Group reports Q1 revenue growth of 1.4% impacted by fewer working days First quarter 2024Trifork GroupIn Q1 2024, Trifork Group revenue amounted to EURm 50.4, an increase of 1.4% from Q1 2023. The quarter was impacted by fewer business days in the quarter due to the Easter break being in March instead of April as in the past years. The effect of this is estimated to EURm 2.8 (5.6%) in Q1 2024 compared to Q1 2023. Trifork Group EBITDA amounted to EURm 5.3, corresponding to 10.5% EBITDA margin. The timing of Easter and one-off cost from reorganizations are estimated to affect EBITDA negatively by EURm 2.5 in the quarter. Trifork Group EBIT amounted to EURm 1.4, corresponding to...

Highlights Q1 2024Positive momentum in PC continued, with an 80-percent year-on-year growth Slight increase in gross margin compared to the previous quarter, as profitability in non-Mobile areas continues to be strong Continued execution of cost optimization program, with a nine-percent reduction in the number of employees since the end of 2023Post-Q1 2024By winding down the loss-making operations in Mobile, we will have a focused and profitable growth business Announced partially guaranteed rights issue of up to approximately SEK 310 million, strengthening balance sheet by reducing debt and increasing equity through an early repayment of outstanding convertible bondsFirst quarter of 2024Revenues amounted to SEK 146.4 M (117.0) The gross margin was 11.1 percent (17.3) EBITDA amounted to negative SEK 50.5 M (neg: 60.2) Adjusted...

KH Group Plc Stock Exchange Release 7 May 2024 at 8.00 am EEST KH Group Plc’s Business Review January–March 2024: Focus on business profitability This is the summary of the Business Review for January–March 2024. The full Half-Year Report is attached to this release and is also available on the company’s website at www.khgroup.com. KH Group, January–March 2024 pro forma Net sales amounted to EUR 84.2 (100.2) million. Operating profit was EUR -0.3 (1.0) million. KH-Koneet’s net sales and operating profit decreased considerably year-on-year. Indoor Group’s net sales decreased significantly. Operating profit, including the capital gain of EUR 3.7 million from the Estonian real estate sale transaction, was higher than in the comparison period. HTJ’s net sales were at the same level as in the comparison period but operating profit decreased. NRG’s...

ANCHORAGE, Alaska, May 06, 2024 (GLOBE NEWSWIRE) — First National Bank Alaska’s (OTCQX:FBAK) net income for the first quarter of 2024 remained stable at $13.476 million, or $4.26 per share. This compares to a net income of $13.454 million, or $4.25 per share, for the same period in 2023. “Positive signs across sectors of the Alaska economy give First National an optimistic outlook for growth in the coming year, as evident in first quarter lending activity,” said Betsy Lawer, First National Board Chair and CEO/President. “Our lending, treasury management services, and wealth management and trust* relationship officers are all working closely with customers as seasonal activity builds momentum.” Assets totaled $5.2 billion as of March 31, 2024, decreasing $517.9 million since December 31, 2023. The decrease in assets was primarily...

(All monetary references are expressed in Canadian dollars, unless otherwise indicated) MONTREAL, May 06, 2024 (GLOBE NEWSWIRE) — Osisko Development Corp. (NYSE: ODV, TSXV: ODV) (“Osisko Development” or the “Company“) reports its financial and operating results for the three months ended March 31, 2024 (“Q1 2024“). Q1 2024 HIGHLIGHTS Operating, Financial and Corporate Updates:619 ounces of gold sold by the Company from operating activities in the first quarter, comprising of 585 ounces of gold sold from the Trixie test mine (“Trixie“), and the balance from the Cariboo Gold Project (“Cariboo Gold Project“) by processing stockpiles at a third-party processing facility. $1.8 million in revenues ($3.5 million in Q1 2023) and $2.0 million in cost of sales ($4.4 million in...

ROAD TOWN, British Virgin Islands, May 06, 2024 (GLOBE NEWSWIRE) — Aura Minerals Inc. (TSX: ORA) (B3: AURA33) (OTCQX: ORAAF) (“Aura” or the “Company”) announces that it has filed its unaudited consolidated financial statements and management discussion and analysis (together, “Financial and Operational Results”) for the period ended March 31, 2024 (“Q1 2024”). The full version of the Financial and Operational Results can be viewed on the Company’s website at www.auraminerals.com or on SEDAR+ at www.sedarplus.ca. All amounts are in thousands of U.S. dollars unless stated otherwise. Rodrigo Barbosa, President, and CEO of Aura, commented, “We finished the quarter with strong results, with production up 28% and EBITDA up 45% vs. Q1 2023, and Recurring Free Cash Flow of $19 million. This was achieved despite an average gold price increase...

TERRE HAUTE, Ind., May 06, 2024 (GLOBE NEWSWIRE) — Hallador Energy Company (NASDAQ – HNRG) reported a net loss of $1.7 million, $(0.05) basic earnings per share, operating cash flow of $16.4 million, and adjusted EBITDA of $6.8 million for the quarter ended March 31, 2024. Brent Bilsland, President and Chief Executive Officer, stated, “Throughout the first quarter, we continued our progress on transitioning the focus of Hallador from a coal production company to an independent power producer. During the first three months of 2024, our Electric Operation’s revenue exceeded that of our Coal Operation’s revenue. Additionally, we were successful in adding approximately $138.0 million in forward energy and capacity sales, growing our Electric Operation’s forward sales book to approximately $657.0 million and...