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Year: 2024

LyondellBasell Reports Third Quarter 2024 Earnings

Third Quarter 2024 HighlightsNet income: $573 million, $617 million excluding identified items(a) Diluted earnings per share: $1.75 per share; $1.88 per share excluding identified items EBITDA: $1.2 billion Cash from operating activities: $670 million Returned $479 million to shareholders through dividends and share repurchases Creating long-term value through progress toward LYB’s sustainability targets:Started construction of MoReTec-1 catalytic advanced recycling facility in Germany Exceeded 2030 renewable electricity targetHOUSTON and LONDON, Nov. 01, 2024 (GLOBE NEWSWIRE) — Comparisons with the prior quarter and third quarter 2023 are available in the following table: Table 1 – Earnings SummaryMillions of U.S. dollars (except share data)   Three Months Ended Nine Months Ended  September 30,2024 June...

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Eurocastle Announces Resignation of Mr. Peter Smith from Board of Directors

EUROCASTLE INVESTMENT LIMITED                                      Contact:        Oak Fund Services (Guernsey) LimitedCompany AdministratorAttn: Hannah CrockerTel: +44 1481 723450         Eurocastle Announces Resignation of Mr. Peter Smith from Board of Directors Guernsey, 1 November 2024 – Eurocastle Investment Limited (Euronext Amsterdam: ECT) today announces that after 13 years of valuable service, Mr. Peter Smith retired as a non-independent director of the Company, effective 30 October 2024. We are deeply grateful for Mr. Smith’s dedication and contributions over the years. The Board is currently in the process of considering a replacement for Mr. Smith. ABOUT EUROCASTLE Eurocastle Investment Limited (“Eurocastle” or the “Company”) is a publicly traded closed-ended investment company. On 8 July 2022, the Company announced the...

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Biodesix Announces Third Quarter 2024 Results and Highlights

Q3 2024 revenue grew 35% over Q3 2023 to $18.2 million; Q3 2024 gross profit margin of 77.0%, up from 76.1% in Q3 2023; Q3 2024 Net loss improved by 6% compared to Q3 2023; Conference Call and Webcast Today at 8:30 a.m. ET LOUISVILLE, Colo., Nov. 01, 2024 (GLOBE NEWSWIRE) — Biodesix, Inc. (Nasdaq: BDSX), a leading diagnostic solutions company, today announced its financial and operating results for the third quarter ended September 30, 2024. “The Biodesix team is pleased to report another solid quarter focused on executing and delivering on our three main goals – driving revenue growth through the adoption of our lung diagnostic tests and biopharma services, continued implementation of operational efficiencies, and maintaining a cost-disciplined approach as we drive our business to profitability,” said Scott Hutton, CEO...

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Brown & Brown, Inc. completes the acquisition of Quintes Holding B.V.

DAYTONA BEACH, Fla., Nov. 01, 2024 (GLOBE NEWSWIRE) — Brown & Brown, Inc. (NYSE: BRO) (the “Company”) today announced the completion of the previously announced acquisition of the insurance operations of Quintes Holding B.V. Brown & Brown, Inc. (NYSE: BRO) is a leading insurance brokerage firm, delivering risk management solutions to individuals and businesses since 1939. With over 16,000 teammates and 500+ locations worldwide, we are committed to providing innovative strategies to help protect what our customers value most. For more information or to find an office near you, please visit bbinsurance.com. This press release may contain certain statements relating to future results which are forward-looking statements, including those associated with this proposed acquisition. Examples of forward-looking statements regarding...

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Li Auto Inc. October 2024 Delivery Update

BEIJING, China, Nov. 01, 2024 (GLOBE NEWSWIRE) — Li Auto Inc. (“Li Auto” or the “Company”) (Nasdaq: LI; HKEX: 2015), a leader in China’s new energy vehicle market, today announced that it delivered 51,443 vehicles in October 2024, up 27.3% year over year. As of October 31, 2024, Li Auto had delivered a total of 393,255 vehicles in 2024, with cumulative deliveries reaching 1,026,619. Driven by robust sales across its model lineup, the Company remained the sales champion of Chinese automotive brands in the RMB200,000 and above NEV market for seven straight months. In October, the Company achieved a significant milestone with over one million cumulative deliveries, becoming the first Chinese premium automotive brand to reach this landmark. On October 23, the Company rolled out its new autonomous driving architecture, which integrates...

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Magna Announces Third Quarter 2024 Results

Sales of $10.3 billion decreased in-line with the 4% reduction in global light vehicle production Diluted earnings per share were $1.68, up $0.31, largely reflecting recognition of Fisker deferred revenue Adjusted diluted earnings per share were $1.28, down $0.18, including $0.10 due to a higher income tax rate Normal Course Issuer Bid to purchase up to 10% of our public float of Common Shares, with purchases expected to commence in the fourth quarter of 2024AURORA, Ontario, Nov. 01, 2024 (GLOBE NEWSWIRE) — Magna International Inc. (TSX: MG; NYSE: MGA) today reported financial results for the third quarter ended September 30, 2024. Please click HERE for full third quarter MD&A and Financial Statements.    THREE MONTHS ENDED SEPTEMBER 30,   NINE MONTHS ENDED SEPTEMBER 30,      2024     2023     2024     2023Reported                                 Sales   $ 10,280   $ 10,688   $ 32,208   $ 32,343                 Income...

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XPENG Announces Vehicle Delivery Results for October 2024

23,917 vehicles delivered in October 2024, a new monthly record and a 20% increase year-over-year Deliveries of XPENG MONA M03 exceeded 10,000 units for the second straight month XPENG has become the only Chinese automaker to deliver industry-leading urban ADAS that does not rely on HD maps or LiDARsGUANGZHOU, China, Nov. 01, 2024 (GLOBE NEWSWIRE) — XPeng Inc. (“XPENG” or the “Company,” NYSE: XPEV and HKEX: 9868), a leading Chinese smart electric vehicle (“Smart EV”) company, today announced its vehicle delivery results for October 2024. XPENG delivered 23,917 Smart EVs in October 2024, setting a new record for its monthly deliveries and representing growth of 20% year-over-year and 12% over the prior month. For the second straight month, deliveries of XPENG MONA M03 exceeded 10,000 units. For the first ten months of 2024, XPENG...

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Tallinna Vesi’s third-quarter sales were €16.22 million

AS Tallinna Vesi’s sales for the third quarter of this year amounted to €16.22 million, which is 3.9% more than in the same period last year. Net profit was €3.93 million, decreasing by €0.12 million mainly due to the increase in interest costs. Aleksandr Timofejev, Chief Executive Officer of Tallinna Vesi, said the third quarter was characterised by continued progress with planned investments. “Summer is the only time of year for many investment related projects and our team made the most of it. The aim was to carry out the work in the city with the least possible disruption to residents, for example by using environmentally friendly no-dig methods and working closely with the city and other utility owners,” he said. Timofejev pointed out that the positive impact of the investments made so far to ensure vital water services at affordable...

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Kalmar’s interim report January–September 2024: Record-high profitability in the third quarter

KALMAR CORPORATION, INTERIM REPORT JANUARY–SEPTEMBER 2024, 1 NOVEMBER 2024 AT 9:00 AM (EET) Kalmar’s interim report January–September 2024: Record-high profitability in the third quarterTrading in Kalmar’s class B shares commenced on 1 July and the last demerger milestones including system separations were finalised in early September The comparable operating profit margin amounted to 13.5 (13.2) percent in the third quarter, presenting a record-high profitability on lower sales volumes Services segment’s comparable operating profit margin reached 18.3 (16.1) in the third quarter Orders received totalled EUR 416 (392) million in the third quarter, demand remaining sequentially on a stable level Eco portfolio1 sales represented 40 (35) percent of consolidated sales Equipment’s orders received totalled EUR 284 (266)...

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Check Point Software Technologies Ltd. Shareholders Approve All 2024 Annual General Meeting Proposals

REDWOOD CITY, Calif., Nov. 01, 2024 (GLOBE NEWSWIRE) — Check Point Software Technologies Ltd. (NASDAQ: CHKP) today announced that shareholders approved all seven proposals presented at the 2024 Annual General Meeting. Approximately 87.6 million shares, representing approximately 79.6% of the shares outstanding as of the record date, were voted at the meeting. Check Point would like to thank shareholders for the support and confidence they have in the company and its employees. For more information on the agenda items, please see the company’s proxy statement for the annual general meeting of shareholders: http://www.checkpoint.com/about-us/investor-relations/annual-general-meeting/ Among the proposals approved is the appointment of Ms. Dafna Gruber to the company’s Board of Directors. Ms. Gruber serves as the Chief Financial Officer...

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