Month: May 2024

ST. LOUIS, May 02, 2024 (GLOBE NEWSWIRE) — Post Holdings, Inc. (NYSE:POST), a consumer packaged goods holding company, today reported results for the second fiscal quarter ended March 31, 2024. Highlights:Second quarter net sales of $2.0 billion Operating profit of $190.1 million; net earnings of $97.2 million and Adjusted EBITDA (non-GAAP)* of $345.2 million Raised fiscal year 2024 Adjusted EBITDA (non-GAAP)* outlook to $1,335-$1,375 million*For additional information regarding non-GAAP measures, such as Adjusted EBITDA, Adjusted net earnings, Adjusted diluted earnings per common share and segment Adjusted EBITDA, see the related explanations presented under “Use of Non-GAAP Measures” later in this release. Post provides Adjusted EBITDA guidance only on a non-GAAP basis and does not provide a reconciliation of its forward-looking...

TORONTO, May 02, 2024 (GLOBE NEWSWIRE) — European Residential Real Estate Investment Trust (“ERES” or the “REIT”) (TSX: ERE.UN) announced today its results for the three months ended March 31, 2024. ERES’s unaudited condensed consolidated interim financial statements and management’s discussion and analysis (“MD&A”) for the three months ended March 31, 2024 can be found at www.eresreit.com or under ERES’s profile at SEDAR+ at www.sedarplus.ca. SIGNIFICANT EVENTS AND HIGHLIGHTS Operating MetricsStrong operating results continued into 2024, fuelled by strong rental growth. Same property portfolio Occupied Average Monthly Rents (“Occupied AMR”) increased by 6.7%, from €1,001 as at March 31, 2023, to €1,068 as at March 31, 2024, demonstrating the REIT’s continued...

Books $201.5 million in New Contract Awards and Renewals in First Quarter CALGARY, Alberta, May 02, 2024 (GLOBE NEWSWIRE) — FLINT Corp. (“FLINT” or the “Company”) (TSX: FLNT) today announced its results for the three months ended March 31, 2024. All amounts are in Canadian dollars and expressed in thousands of dollars unless otherwise noted. “EBITDAS” and “Adjusted EBITDAS” are not standard measures under IFRS. Please refer to the Advisory regarding Non-GAAP Financial Measures at the end of this press release for a description of these items and limitations of their use. “We continue to execute our organic growth strategy that targets both industrial end market and geographic diversification. During the quarter, we made additional investments in our business development team to support our organic growth strategy. We...

TORONTO, May 02, 2024 (GLOBE NEWSWIRE) — Trisura Group Ltd. (“Trisura” or “Trisura Group”) (TSX: TSU), a leading specialty insurance provider, today announced financial results for the first quarter of 2024. David Clare, President and CEO of Trisura, stated, “Trisura demonstrated strong performance in the quarter with Operating net income of $33.2 million, or $0.68 per share, driven by continued growth, profitable underwriting and higher investment income. Continued expansion of market share and distribution partners drove insurance revenue growth of 16.5%. In Canada, disciplined underwriting resulted in a Combined ratio of 81.8%, while in US Fronting continued growth and an improved loss ratio resulted in a strong insurance service result and improved fronting operational ratio. Net investment income grew 66.3% in the quarter,...