Day: August 22, 2024

Interim Report for H1 2024

Written by Customer Service on August 22, 2024. Posted in Earnings Releases And Operating Results.

COMPANY ANNOUNCEMENT NO 15/2024 – AUGUST 22, 2024 EBIT growth of 22% in H1 2024 driven by International and Western Europe Key highlights from H1 2024:Top-line development as expected with strong momentum and continued market share gains. Organic volume growth of 3% and organic net revenue growth of 6%.The profitability per hectoliter has been re-established across markets after years of inflation and FX volatility.The organic EBIT growth of 16% was driven by efficiencies, resulting in an EBIT margin of 11.7%.Integration processes in Norway, the Netherlands and San Giorgio, Italy, according to plan.The previous capacity constraints have been significantly reduced, as production capacities at Vrumona and San Gorgio are utilized with benefits for Group efficiency.Financial flexibility is re-established with NIBD/EBITDA at 2.4x...

Scandinavian Tobacco Group A/S reports second quarter 2024 results and maintains full-year guidance

Written by Customer Service on August 22, 2024. Posted in Earnings Releases And Operating Results.

Company Announcement No. 47/2024 Copenhagen, 22 August 2024 Interim report, 1 January – 30 June 2024 Scandinavian Tobacco Group A/S reports second quarter 2024 results and maintains full-year guidance For the second quarter of 2024 Scandinavian Tobacco Group delivered a 6.3% increase in reported net sales by DKK 2.4 billion with an EBITDA margin before special items at 24.5%. Net sales increased 4.8% organically driven by Handmade Cigars and Next Generation Products. The decline rate in Machine-Rolled Cigars & Smoking Tobacco improved compared with the first quarter. The EBITDA margin is impacted by an improving, yet still negative, volume development, mix changes and investments in growth. In the second half of the year,...

Landsnet’s interim financial statement for the period January-June 2024 – Operations proceed as planned despite various challenges

Written by Customer Service on August 22, 2024. Posted in Earnings Releases And Operating Results.

Landsnet’s interim financial statement for the period January-June, 2024 was published today. Operations proceed as planned despite various challenges Guðlaug Sigurðardóttir, Landsnet’s CFO, stated that operations are performing well and aligned with established plans despite ongoing challenges. “ Company operations in the first half of the year were generally successful, with overall results aligning with expectations. While an increase in income was anticipated compared to the previous year, curtailments caused by an energy shortage resulted in lower income during this period. Additionally, projects related to volcanic activity in Reykjanes have impacted the prioritisation of operation projects, leading to delays in several planned maintenance projects. There remains a significant need to develop and enhance the transmission...

FRO – Invitation to Q2 2024 Results Conference Call and Webcast

Written by Customer Service on August 22, 2024. Posted in Public Companies.

Frontline plc.’s preliminary second quarter 2024 results will be released on Friday August 30, 2024, and a webcast and conference call will be held at 3:00 p.m. CET (9:00 a.m. U.S. Eastern Time). The results presentation will be available for download from the Investor Relations section at www.frontlineplc.cy ahead of the conference call. In order to attend the conference call you may do one of the following: a. WebcastGo to the Investor Relations section at www.frontlineplc.cy and follow the “Webcast” link, or access directly from the link below. Frontline plc Q2 2024 Webcast b. Conference Call Participants will need to register online prior to the conference call via the link below. Dial-in details will be available when registered. Frontline plc Q2 2024 Conference Call A Q&A session will be held after the teleconference/webcast....

The Coretec Group Completes Share Exchange Agreement with Core Optics

Written by Customer Service on August 22, 2024. Posted in Mergers And Acquisitions.

Key Highlights:Completion of Share Exchange: The Coretec Group finalizes the acquisition of Core Optics, LLC, making it a wholly-owned subsidiary. Leadership Transition: Dr. Seonkee Kim was appointed as the new CEO of Core Optics. Strategic Expansion: Core Optics strengthens its position in the automotive camera module testing market, with over 90 patents and significant growth potential. Revenue Projections: Combined revenue forecast of $8M USD for fiscal year 2024 and $16M USD for fiscal year 2025. Market Opportunity: Positioned to capitalize on the global automotive camera market projected to grow to USD 18.18 billion by 2030.ANN ARBOR, Mich., Aug. 22, 2024 (GLOBE NEWSWIRE) — The Coretec Group (OTCQB: CRTG), a company focused on the development of silicon anode active materials for lithium-ion batteries and cyclohexasilane...

Public Cloud Market to Gain USD 2213.7 Billion by 2031 | SkyQuest Technology

Written by Customer Service on August 22, 2024. Posted in Mergers And Acquisitions.

Westford, USA, Aug. 22, 2024 (GLOBE NEWSWIRE) — SkyQuest projects that Global Public Cloud Market will attain a value of USD 2213.7 Billion by 2031, with a CAGR of 17.41% during the forecast period (2024-2031). Adoption of digital technologies has undoubtedly influenced operation processes and business models modification in many industries. The public cloud offers the ideal environment for creating an open inter-company network, and connection with customers, other industries, and external partners is only growing. Public cloud services include a wide range of features, from traditional office programs to artificial intelligence (AI) and natural language processing (NLP), as well as the fundamentals of storage, processing, and networking capacity. Download a detailed overview: https://www.skyquestt.com/sample-request/public-cloud-market...

Security Analytics Market to Reach Market Valuation of USD 53.86 Billion by 2031 | SkyQuest Technology

Written by Customer Service on August 22, 2024. Posted in Mergers And Acquisitions.

Westford, USA, Aug. 22, 2024 (GLOBE NEWSWIRE) — SkyQuest projects that the Global Security Analytics Market will reach a value of USD 53.86 Billion by 2031, with a CAGR of 16.2% during the forecast period (2024-2031). Security analytics has developed with more sophistication over the past years and transitioned to machine learning and big data analysis from mere rule-based alerting. The advancements in these technologies have expanded their application areas as well for businesses. Moreover, businesses today are actively adopting security analytics solutions that are embedded with modernized signature matching technologies. These factors are impressively driving the security analytics market. Download a detailed overview: https://www.skyquestt.com/sample-request/security-analytics-market Browse in-depth TOC on the “Security...

North Bay Resources Announces First Gold Concentrate at Mt. Vernon Gold Mine, Assays 12 oz/ton Gold, 17.5 oz/ton Platinum, and 8 oz/ton Silver, Sierra County, California

Written by Customer Service on August 22, 2024. Posted in Public Companies.

BISHOP, Calif., Aug. 22, 2024 (GLOBE NEWSWIRE) — North Bay Resources Inc. (the “Company” or “North Bay”) (OTC: NBRI) is pleased to announce results from gravity recovery testing of run-of-mine ore from the Mt. Vernon Gold Mine. The run-of-mine ore was crushed in a ball mill to minus 60 mesh and run over a gravity recovery table resulting in two concentrate streams at approximately 10x concentration of gold with assay results as follows:Sample I.D. Gold Platinum Silver oz/ton oz/ton oz/ton#C1 MV Cons 11.95 17.54 7.79#C2 MV Cons 11.38 2.20 5.59 The testing was completed at Enviro-Chem Analytical Laboratory using run-of-mine ore from the main channel at the Mt. Vernon Gold Mine. While metallurgical testing is ongoing, initial results have confirmed the viability of extraction of gold, platinum, and silver...

Hovnanian Enterprises Reports Fiscal 2024 Third Quarter Results

Written by Customer Service on August 22, 2024. Posted in Earnings Releases And Operating Results.

11% Year-Over-Year Growth in Total RevenuesIncome Before Income Taxes Increased 38% Year-Over-Year 24% Year-Over-Year Growth in Consolidated Community CountTotal Consolidated Lots Controlled Increased 34% Year-Over-YearIncreased Midpoint of Full Year Adjusted Income Before Income Tax Guidance by 11% to $313 Million MATAWAN, N.J., Aug. 22, 2024 (GLOBE NEWSWIRE) — Hovnanian Enterprises, Inc. (NYSE: HOV), a leading national homebuilder, reported results for its fiscal third quarter and nine months ended July 31, 2024. RESULTS FOR THE THREE-MONTH AND NINE-MONTH PERIODS ENDED JULY 31, 2024:Total revenues increased 11.2% to $722.7 million in the third quarter of fiscal 2024, compared with $650.0 million in the same quarter of the prior year. For the nine months ended July 31, 2024, total revenues were $2.03 billion compared with $1.87...

JSC ‘Siguldas ciltslietu un mākslīgās apsēklošanas stacija‘ unaudited interim report for the first six months of 2024

Written by Customer Service on August 22, 2024. Posted in Earnings Releases And Operating Results.

Company’s net turnover in the first six months of 2024 was 768.3 thousand euros, which is by 1.0 % higher than in the first six months of 2023, whereas Company’s profit before enterprise income tax was 61.4 thousand euros – by 27.6 % or 23.4 thousand euros less, compared to the corresponding period in 2023. During the reporting period, the Company received a new medium-duty truck on a financial lease for five years. JSC ‘Siguldas ciltslietu un mākslīgās apsēklošanas stacija’ is the only producer of high-quality breeding bull semen and one of the largest suppliers of it in Latvia. The second largest field of the Company’s basic economic activities is the milk testing services. The Company also provides other breeding related services – consultations on issues of cattle breeding, feeding and keeping, evaluation of cow exterior,...

Day: August 22, 2024

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