September 6, 2024 – Page 6

Brady Corporation Reports Record EPS in its Fiscal 2024 Fourth Quarter, Expands its Share Buyback Program and Announces its Fiscal 2025 EPS Guidance

Written by Customer Service on September 6, 2024. Posted in Earnings Releases And Operating Results.

Diluted EPS increased 15.0 percent to a record high of $1.15 in the fourth quarter of fiscal 2024 compared to $1.00 in the same quarter of the prior year. Diluted EPS Excluding Certain Items* increased 14.4 percent to a record high of $1.19 in the fourth quarter of fiscal 2024 compared to $1.04 in the same quarter of the prior year. Gross profit margin increased to 51.6 percent in the fourth quarter of fiscal 2024 compared to 50.8 percent in the same quarter of the prior year. Net cash provided by operating activities increased to a record high of $255.1 million in fiscal 2024 compared to $209.1 million in fiscal 2023. On September 4, 2024, Brady’s Board of Directors authorized an additional $100 million of shares for repurchase, which based on current share prices equates to approximately 1.5 million shares and approximately 3.0 percent...

ABM Reports Third Quarter Fiscal 2024 Results and Raises Outlook for Fiscal Year 2024 Adjusted EPS

Written by Customer Service on September 6, 2024. Posted in Earnings Releases And Operating Results.

Revenue up 3.3% to $2.1 billion, including organic growth of 2.8% Net income of $4.7 million and GAAP EPS of $0.07, each down 95%, largely reflecting the increased likelihood of a cash earn-out payment under the Ravenvolt acquisition agreement Adjusted net income of $59.5 million and Adjusted EPS of $0.94, up 13% and 19%, respectively Adjusted EBITDA of $128.1 million, up 2% Raises outlook for fiscal year 2024 Adjusted EPS to $3.48 to $3.55, from $3.40 to $3.50 (1) NEW YORK, Sept. 06, 2024 (GLOBE NEWSWIRE) — ABM (NYSE: ABM), a leading provider of facility solutions, today announced financial results for the third quarter of fiscal 2024. “ABM’s strong third quarter performance is further validation that our strategy is working. Our investments in the energy resiliency markets, particularly in microgrids, which grew significantly,...

Huize Holding Limited to Report Second Quarter 2024 Financial Results on September 25, 2024

Written by Customer Service on September 6, 2024. Posted in Public Companies.

SHENZHEN, China, Sept. 06, 2024 (GLOBE NEWSWIRE) — Huize Holding Limited, (“Huize”, the “Company” or “we”) (NASDAQ: HUIZ), a leading insurance technology platform connecting consumers, insurance carriers and distribution partners digitally through data-driven and AI-powered solutions in Asia, today announced that it plans to release its second quarter 2024 unaudited financial results before the U.S. market opens on Wednesday, September 25, 2024. The Company’s management team will hold an earnings conference call at 8:00 A.M. Eastern Time on Wednesday, September 25, 2024 (8:00 P.M. Beijing/Hong Kong Time on Wednesday, September 25, 2024). Details for the conference call are as follows: Event Title: Huize Holding Limited’s Second Quarter 2024 Earnings Conference Call Registration Link: https://register.vevent.com/register/BId0560560e56046b6aebe3fdd2b12cd48 All...

Ascot Announces Care & Maintenance of Operations in Order to Focus on Mine Development Activities

Written by Customer Service on September 6, 2024. Posted in Public Companies.

VANCOUVER, British Columbia, Sept. 06, 2024 (GLOBE NEWSWIRE) — Ascot Resources Ltd. (TSX: AOT; OTCQX: AOTVF) (“Ascot” or the “Company”) today announced that over the period of the past two months, mill operations at the Company’s Premier Gold Mine have poured 3,430 oz of gold, which is 418% above the amount recorded over the entire second quarter. Additionally, in August, the mill has operated near or above its design capacity. The mill operations have progressed well; however, we believe that the amount of mine development at the Big Missouri mine has fallen behind schedule by approximately one to two months, and with the delay in the start of the Premier Northern Lights (“PNL”) ramp from July to December last year, PNL production is also delayed. As a result, the number of stoping areas is not sufficient to provide enough production...

The BANK of Greenland has issued DKK 40 million in Tier 2 capital

Written by Customer Service on September 6, 2024. Posted in Public Companies.

Referring to company announcement no. 11/2024 dated 5 September, it is announced that as part of the ongoing process to optimize the capital structure, The BANK of Greenland has issued DKK 40 million in Tier 2 capital. The capital is issued with ISIN no. DK0030540398 and with effect from 12 September 2024. The Tier 2 capital has a maturity of ten years with a possibility to call after five years and any time thereafter subject to approval by the Danish Financial Supervisory Authority (Finanstilsynet). The bonds have a floating rate agreed at a six-month Cibor rate plus 325 basis points. Nykredit Bank A/S is the sole lead manager of the issue. Best regards The BANK of Greenland Contact: General Manager Martin Kviesgaard, tel.: +299 34 7802 / mail: mbk@banken.gl Attachment 12.Tier2-issuing_UK

Aricoma acquires Luxembourg-based developers Neofacto, continuing its westward expansion

Written by Customer Service on September 6, 2024. Posted in Mergers And Acquisitions.

PRAGUE and LUXEMBOURG, Sept. 06, 2024 (GLOBE NEWSWIRE) — Aricoma, a Czech leader in enterprise IT and part of the KKCG investment group, has acquired Luxembourg-based Neofacto. The company develops software for the European Investment Bank (EIB) and financial institutions in Luxembourg. Neofacto was founded in Luxembourg in 2000. It employs around eighty people. It provides a range of software services for financial institutions in Europe, in particular the European Investment Bank. These include API programming & integration between applications, web design (front- and backend, dB management), mobile app development and testing, DevOps (technical tools and training), business analytics, testing, and blockchain and AI services. “The acquisition of Neofacto is a logical step for us. It strengthens our work for the European...

SBM Offshore signs Share Purchase Agreements with MISC Berhad

Written by Customer Service on September 6, 2024. Posted in Public Companies.

September 6, 2024 SBM Offshore announces it has signed two Share Purchase Agreements with its partner MISC Berhad for: i) the total acquisition of MISC Berhad’s entire effective equity interest in the lease and operating entities related to the FPSO Espirito Santo in Brazil; and ii) the full divestment to MISC Berhad of SBM Offshore’s effective equity interest in the lease and operating entities of the FPSO Kikeh in Malaysia. This transaction furthers SBM Offshore’s efforts to maintain focus and excellence in its operating portfolio. Agreements remain subject to several conditions precedent and approval by various competent authorities. Corporate Profile SBM Offshore designs, builds, installs and operates offshore floating facilities for the offshore energy industry. As a leading technology provider, we put our marine...

Sampo plc’s share buybacks 5 September 2024

Written by Customer Service on September 6, 2024. Posted in Public Companies.

SAMPO PLC STOCK EXCHANGE RELEASE 6 September 2024 at 8:30 am Sampo plc’s share buybacks 5 September 2024 On 5 September 2024, Sampo plc (business code 0142213-3, LEI 743700UF3RL386WIDA22) has acquired its own A shares (ISIN code FI4000552500) as follows: Sampo plc’s share buybacks Aggregated daily volume (in number of shares) Daily weighted average price of the purchased shares* Market (MIC Code) 3,119 40.96 AQEU 36,409 40.98 CEUX 1,728 40.97 TQEX 54,214 41.00 XHEL TOTAL 95,470 40.99 *rounded to two decimals On 17 June 2024, Sampo announced a share buyback programme of up to a maximum of EUR 400 million in compliance with the Market Abuse Regulation (EU) 596/2014 (MAR) and the Commission Delegated Regulation (EU) 2016/1052. The programme, which...

Value sharing: Renault Group launches its third employee share ownership plan as part of the Renaulution

Written by Customer Service on September 6, 2024. Posted in Public Companies.

PRESS RELEASE6 September 2024 VALUE SHARING: RENAULT GROUP LAUNCHES ITS THIRD EMPLOYEE SHARE OWNERSHIP PLAN AS PART OF THE RENAULUTION To further support employee share ownership and build on the nearly 5.07% of equity already held by employees at 31 December 2023, Renault Group is announcing a new plan. Held for the third consecutive year, this latest plan confirms the Group’s ambition to increase employee-held equity to 10% by 2030. Seven free shares will be allocated to eligible Group employees in 30 countries. Employees in 24 countries will be able to acquire shares at a 30% discount with an additional matching contribution. The reference share price for the plan is 41.80 euros, i.e. a subscription price of 29.26 euros after the discount. The subscription period will run from 18 September to 2 October 2024 (inclusive)....

Schneider Electric launches AI-powered home energy management feature for Wiser Home

Written by Customer Service on September 6, 2024. Posted in Public Companies.

Schneider Electric announced its artificial intelligence-powered feature is now live on the Wiser Home app. This new feature is available to Wiser Home users in Spain, Portugal, France, Germany, and Austria. Schneider Electric, the leader in the digital transformation of energy management and automation, today announced its artificial intelligence-powered feature is now live on the Wiser Home app. Recently recognized as the world’s most sustainable company, Schneider Electric continues to lead in smart home energy management with cutting-edge solutions to support homeowners, homebuilders, and electrical installers. Schneider’s new feature is a market first, providing AI-optimized energy management of two of the biggest power loads in the home – water heaters and electric vehicle chargers – via a single app, Wiser Home. Wiser Home...

Day: September 6, 2024

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