Day: February 27, 2025

Corbion announces strong full-year results with sales growth, +25% Adjusted EBITDA improvement, and strong FCF; proposes +5% dividend increase

Written by Customer Service on February 27, 2025. Posted in Earnings Releases And Operating Results.

Corbion, the Amsterdam-listed sustainable ingredients company that champions preservation through application of science, today publishes its results for the year ending 31 December 2024. Key highlights annual results 2024:Organic sales growth: +2.2% (Q4: +1.3%) Volume/mix: +5.2% (Q4: +2.9%) Price: -3.0% (Q4: -1.6%)Continued Operations:Sales: € 1,288.1 million (Q4: € 315.2 million) Adjusted EBITDA: € 175.0 million (Q4: € 39.3 million) Operating profit: € 77.3 million (Q4: € 15.2 million)Free Cash Flow: € 350.1 million, € 98.3 million when excluding divestment proceeds Cash flow from operating activities increased € 18.7 million to € 184.1...

Unifiedpost delivers on strategic refocus and improves balance sheet strength

Written by Customer Service on February 27, 2025. Posted in Earnings Releases And Operating Results.

Press release – Regulated information – Inside inforrmationLa Hulpe, Belgium – February 27, 2025, 7:00 a.m. CET – [REGULATED INFORMATION] Unifiedpost Group SA (Euronext: UPG) (Unifiedpost), a leading provider of integrated business communications solutions, presents its results for FY 2024. Unifedpost has executed its strategic priorities, including portfolio rationalisation, while improving its balance sheet strength and operational efficiencies. Strategic & Operational HighlightsCompleted divestments of FitekIN/ONEA and Wholesale Identity Access Business De-risked balance sheet through partial repayment of Francisco Partners’ senior facility loan by €95m Significantly reduced net debt position by ~€ 73m at year-end Enhanced governance structure with a strengthened Board and new CEO Strategic partnerships delivering value...

PCI Biotech full year 2024 interim results

Written by Customer Service on February 27, 2025. Posted in Earnings Releases And Operating Results.

Oslo (Norway), 27 February 2025 – PCI Biotech (OSE: PCIB), today announces its preliminary full year 2024 results. Please find enclosed the interim report and presentation. Highlights review OperationsPCI Biotech’s 2024 development goals were to demonstrate scalability and manufacturing process benefits of the photochemical-based technology (PCL) in viral vector (AAV) manufacturing by advancing the technology into mini benchtop bioreactors, which are considered representative for commercial manufacturing. Recent mini benchtop bioreactor results indicate that PCL has the potential to release increased levels of viral vectors in the upstream AAV manufacturing process, accompanied by reduced impurity levels. This is an important milestone for PCL and we consider PCL’s scalability as demonstrated by the encouraging upstream results. These...

Saudi Arabia’s Ministry of Energy awards prestigious feedstock allocation for joint project between Sipchem and LyondellBasell

Written by Customer Service on February 27, 2025. Posted in Public Companies.

Award marks important milestone in feasibility study of Saudi-based world-scale steam cracker and derivatives AL KHOBAR, Kingdom of Saudi Arabia and HOUSTON, Feb. 27, 2025 (GLOBE NEWSWIRE) — Sipchem and LyondellBasell (LYB) have been awarded a feedstock allocation from the Ministry of Energy of Saudi Arabia supporting a joint feasibility study for a world-scale mixed feed cracker complex combined with a diversified derivative portfolio. Sipchem and LYB will assess the viability and optimal structure for the project, which will be advanced on a 60% (Sipchem) | 40% (LYB) ownership basis. The allocation lays the foundation for both parties to define the technical, financial and commercial configuration for the project. Construction of the joint project would result in the manufacturing of petrochemical products and derivatives to...

CMB.TECH announces Q4 2024 results

Written by Customer Service on February 27, 2025. Posted in Earnings Releases And Operating Results.

CMB.TECH ANNOUNCES Q4 2024 RESULTS STRONG RESULTS DESPITE SLOW MARKETS ANTWERP, Belgium, 27 February 2025 – CMB.TECH NV (“CMBT”, “CMB.TECH” or “the Company”) (NYSE: CMBT & Euronext: CMBT) reported its non-audited financial results today for the fourth quarter ended 31 December 2024. HIGHLIGHTSProfit of USD 93.1 million in Q4 2024 bringing YTD profit to USD 870.8 million Delivery of 7 newbuilding vessels Sale of 4 Suezmaxes Selena (2007, 150,205 dwt), Cap Victor (2007, 158,853 dwt), Cap Felix (2008, 158,765 dwt) & Cap Lara (2007, 158,826 dwt) Sale of Windcat 6For the fourth quarter of 2024, the company realised a net gain of USD 93.1 million or USD 0.48 per share (fourth quarter 2023: a net gain of 406.6 USD million or USD 2.01 per share). EBITDA (a non-IFRS measure) for the same period was USD 180.4 million (fourth quarter...

Difficult market environment in Europe: Feintool 2024 with lower annual sales and slightly negative operating EBIT

Written by Customer Service on February 27, 2025. Posted in Public Companies.

This is an ad hoc announcement pursuant to Article 53 of the Listing Rules (LR) of the SIX Exchange Regulation AG. 2024 developed differently from region to region for Feintool and was characterized by a significant decline in demand in the European automotive and industrial sectors. Within this context, the Feintool Group generated sales of CHF 720 million (-15.1 % previous year). The positive developments in North America and Asia only partially compensated for the economic and structural weakness in Europe. The operating result (EBIT) before one-off effects was slightly negative (CHF -2.2 million). Restructuring costs related to the strategic adjustment of our European manufacturing footprint had a negative impact of CHF -47.1 million on the result. Overall, the operating result (EBIT) amounted to CHF -49.3 million. Feintool managed...

Intchains Group Hosts Ask Me Anything session with Aleo Co-Founder Howard Wu to Explore the Future of Crypto Mining

Written by Customer Service on February 27, 2025. Posted in Public Companies.

SINGAPORE, Feb. 27, 2025 (GLOBE NEWSWIRE) — Intchains Group Limited (Nasdaq: ICG), a leader in efficient altcoin mining solutions, hosted an Ask Me Anything (AMA) session on X with Aleo co-founder and CEO of Provable, Howard Wu, to explore the future of crypto mining, hardware acceleration, and zero-knowledge proof (ZKP) advancements. The discussion underscored ICG’s role in shaping next-generation mining technologies and expanding the Aleo ecosystem. Goldshell, a subsidiary of ICG is excited to contribute to the Aleo ecosystem by providing mining hardware that complements Aleo’s vision. Goldshell’s AE BOX Series: The First ASIC Miner for ALEO ICG, through Goldshell, launched the AE BOX and AE BOX PRO on 7 February 2025, as the first mining products designed specifically for ALEO, marking a milestone for Aleo in advancing decentralised,...

Source Energy Services Reports Q4 2024 and Year End Results

Written by Customer Service on February 27, 2025. Posted in Earnings Releases And Operating Results.

CALGARY, Alberta, Feb. 26, 2025 (GLOBE NEWSWIRE) — TSX: SHLE Source Energy Services Ltd. (“Source” or the “Company”) is pleased to announce its financial results for the three and twelve months ended December 31, 2024. 2024 PERFORMANCE HIGHLIGHTS Key achievements for the year ended December 31, 2024 include the following:realized sand sales volumes of 3,527,248 metric tonnes (“MT”) and sand revenue of $532.9 million, an increase of $72.8 million or 16% from 2023;generated total revenue of $674.0 million, a $104.2 million increase from 2023; realized gross margin of $127.3 million and Adjusted Gross Margin(1) of $162.6 million, increases of 16% and 20%, respectively, when compared to last year; reported net income of $9.5 million; realized Adjusted EBITDA(1) of $123.9 million, a $24.8 million improvement from 2023; refinanced...

Kelso Technologies Inc. 2025 Outlook and Strategic Initiatives

Written by Customer Service on February 27, 2025. Posted in Public Companies.

WEST KELOWNA, British Columbia and BONHAM, Texas, Feb. 26, 2025 (GLOBE NEWSWIRE) — Kelso Technologies Inc (TSX: KLS) today announced that its Board of Directors has approved the budget for fiscal year 2025. The company anticipates sales growth to be flat to slightly positive, in the range of 0% to 5%, compared to fiscal year 2024. For FY2024, the Company expects to report revenue of $10.7 million. A key focus for FY2025 will be maintaining cost discipline as the company prepares for the anticipated upswing in new tank car builds expected to begin starting 2026. This strategic approach will position the company to capitalize on the increased demand and maximize profitability. “We are pleased to have reached a consensus on a budget that supports our strategic objectives for 2025,” said Paul Cass, Lead Independent Director....

Aura Declares Dividend of US$0.25 per share and US$0.0833 per BDR based on Q4 2025 Results, resulting in a Dividend Yield of 9.2% in the LTM

Written by Customer Service on February 27, 2025. Posted in Dividend Reports And Estimates.

ROAD TOWN, British Virgin Islands, Feb. 26, 2025 (GLOBE NEWSWIRE) — Aura Minerals Inc. (TSX: ORA, B3: AURA33 and OTCQX: ORAAF) (“Aura” or the “Company”) announced today that the Company’s Board of Directors (the “Board”) has declared and approved the payment of a dividend (the “Dividend”) of US$0.25 per common share (approximately US$18.3 million in total). This payment is above the minimum foreseen in the Company’s Dividend Policy (the “Dividend Policy”). The Dividend is in respect of and is based on Aura’s Q4 2024 financial results ended December 31, 2024. Under the Dividend Policy, the Company will determine quarterly cash dividends in an aggregate amount equal to 20% of its reported Adjusted EBITDA for the relevant three months less sustaining capital expenditures and exploration capital expenditures for the same period. The...

Day: February 27, 2025

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