Month: July 2024

Continued Strong Growth and Market Outperformance Further Operating Margin Improvement  Sales: 22.12 billion euros, +7.3% like-for-like1, +7.5% reported. Continued outperformance of the global beauty market. Positive momentum in all Divisions, led by Dermatological Beauty and Consumer Products. Sequential acceleration of L’Oréal Luxe in the last two quarters. Double-digit growth in Europe and Emerging Markets. Rhythm in North America maintained throughout the first half. Growth driven by a combination of value and volume. Progress balanced between offline and online. Operating margin at 20.8%, up 10 basis points. Net profit increased by +8.8% to 3.65 billion euros. Moody’s once again awarded L’Oréal 74 points out of 100 in its ESG Assessment, well above the sector average.Commenting on these figures, Nicolas Hieronimus, CEO of L’Oréal,...

Paris (France), July 30, 2024, 17h45 CET STRONG RESULTS DRIVEN BY GEOSCIENCE’S PERFORMANCE  Q21 H11Revenue2 $258m (-10%) $532 million (+7%)Adjusted EBITDA2 $94m (-10%) $200 million (+17%)Net Cash-Flow $(6)m (vs $(79)m in Q2 2023) $24m (vs $(78)m in H1 2023)Sophie Zurquiyah, Chief Executive Officer of Viridien, said: “The second quarter confirmed the favorable environment that we anticipated for our Geoscience and Earth Data businesses, with strong order intake and a good pipeline of multiclient projects leading well into 2025. In particular, we started a significant ocean bottom node project in the Gulf of Mexico, featuring several of our leading technologies that are critical to solving subsurface complexities.   Sensing & Monitoring revenue lowered this second quarter...

     First-half 2024 Results July 30, 2024Results in line with expectations after significant changes in scopeChanges in the scope of consolidation and reclassifications to discontinued operations or assets held for sale in accordance with IFRS 5 include:–        Bolloré Logistics sold February 29, 2024, reclassified in 2023 as a business held for sale; –        Lagardère, fully consolidated by Vivendi as of December 1, 2023; –        Editis, deconsolidated since June 21, 2023 and sold on November 14, 2023.Revenue: 10,592 million euros, +4% on constant scope and exchange rates. Adjusted operating income (EBITA (1) (2)): 619 million euros, +10% (3), driven by Communications, despite declining results in Oil logistics and Industry.Net income: 3,884 million euros compared to 235 million euros in the...

GLENWOOD SPRINGS, Colo., July 30, 2024 (GLOBE NEWSWIRE) — Alpine Banks of Colorado (OTCQX: ALPIB) (“Alpine” or the “Company”), the holding company for Alpine Bank (the “Bank”), today announced results (unaudited) for the quarter ended June 30, 2024. The Company reported net income of $11.7 million, or $108.89 per basic Class A common share and $0.73 per basic Class B common share, for second quarter 2024. Highlights in second quarter 2024 include:Basic earnings per Class A common share increased 10.7%, or $10.57, during second quarter 2024. Basic earnings per Class A common share decreased 18.9%, or $25.42 compared to second quarter 2023. Basic earnings per Class B common share increased 10.7%, or $0.07, during second quarter 2024. Basic earnings per Class B common share decreased 18.9%, or $0.17 compared to second quarter 2023. Net...

DUBLIN, Ga., July 30, 2024 (GLOBE NEWSWIRE) — Morris State Bancshares, Inc. (OTCQX: MBLU) (the “Company”), the parent of Morris Bank, today announced net income of $5.3 million for the quarter ending June 30, 2024, representing an increase of $515 thousand, or 10.70%, compared to net income of $4.8 million for the quarter ended June 30, 2023. In the linked quarter comparison, the Company’s net income increased $432 thousand, or 8.82%, compared to net income of $4.9 million for the quarter ended March 31, 2024. Net interest income before provision for credit losses increased $607 thousand, or 4.68%, from prior quarter levels. Increased quarterly net earnings were a result of growth in both loan balances and loan yields which pushed the bank’s net interest margin (NIM) back over 4.00% for the year. “We are very pleased with the second...

MOUNT VERNON, Wash., July 30, 2024 (GLOBE NEWSWIRE) — Savi Financial Corporation, Inc. (OTC Pink: SVVB), the bank holding company for SaviBank, today announced a net loss of $5,000, or a loss of $0.00 per diluted share, for the second quarter of 2024, compared to a net loss of $416,000, or a loss of $0.09 per diluted share, in the first quarter of 2024. In the second quarter a year ago, the Company recorded net income of $561,000, or $0.13 per diluted share. In the first six months of 2024, the Company reported a net loss of $421,000, or a loss of $0.10 per diluted share, compared to net income of $1.03 million, or $0.23 per diluted share, in the first six months of 2023. All results are unaudited. “Our second quarter results reflected strong loan and deposit growth and net interest margin expansion. While we generated an increase...

GeoVax to Host Conference Call at 4:30 PM ET ATLANTA, GA, July 30, 2024 (GLOBE NEWSWIRE) — GeoVax Labs, Inc. (Nasdaq: GOVX), a clinical-stage biotechnology company developing immunotherapies and vaccines against cancer and infectious diseases, today announced that it will report second quarter 2024 financial results on Tuesday, August 6, 2024, after the close of U.S. markets. Following the release, management will host a live conference call and webcast, including Q&A, at 4:30 p.m. ET to provide a corporate update and discuss financial results.  Conference Call DetailsDomestic: (800) 715-9871International: +1 (646) 307-1963Conference ID: 3852178Webcast:  https://edge.media-server.com/mmc/p/qj3e68n8 A webcast replay of the call will be available for three months via the same link as the live webcast approximately two hours...

MUNSTER, Ind., July 30, 2024 (GLOBE NEWSWIRE) — Finward Bancorp (Nasdaq: FNWD) (the “Bancorp”), the holding company for Peoples Bank (the “Bank”), today announced corrections to its press release issued on July 24, 2024.  Specifically, the following press release (i) corrects the “Performance Ratios” table set forth in the rear portion of the original press release to include line items for return on equity, return on assets, tax adjusted net interest margin, noninterest income / average assets, noninterest expense / average assets, and efficiency ratio which were inadvertently not included in the version of the original press release issued through the Bancorp’s press release distribution service, and corrects the amounts disclosed in the line items in the table for basic earnings per share (from $0.03 to $2.21), diluted earnings...