Day: March 5, 2025

TORONTO, March 05, 2025 (GLOBE NEWSWIRE) — AGF Management Limited (TSX: AGF.B) will release its financial results for Q1 2025 on Tuesday, April 8, 2025 at approximately 7:00 a.m. ET. AGF will hold a conference call and webcast to discuss these results at 11:00 a.m. ET. The discussion will feature remarks by Kevin McCreadie, Chief Executive Officer and Chief Investment Officer, and Ken Tsang, Chief Financial Officer. Judy G. Goldring, President and Head of Global Distribution, and Ash Lawrence, Head of AGF Capital Partners, will also be available for the question-and-answer period with investment analysts following the presentation. The live audio webcast with supporting materials will be available in the Investor Relations section of AGF’s website at www.agf.com or at https://edge.media-server.com/mmc/p/4ch7jtxw. Alternatively,...

LAVAL, Québec, March 05, 2025 (GLOBE NEWSWIRE) — Savaria Corporation (“Savaria”) (TSX: SIS), one of the global leaders in the accessibility industry, is pleased to announce its results for fiscal 2024. Highlights – Fiscal 2024 compared to 2023Revenue was $867.8M, up $30.8M or 3.7%, mainly due to organic growth of 3.7% and a positive foreign exchange impact of 1.4%, partially offset by the divestitures of Van-Action, Freedom Motors and the operations in Norway, net of the acquisition of Matot.Accessibility organic growth stood at 3.4%, including growth of 8.4% coming from North America and partially offset by a contraction of 2.5% in Europe. Patient Care organic revenue increased by 4.5%.Gross profit was $321.7M, up $35.7M or 12.5%, representing 37.1% of revenue, an increase of 290 bps compared to 34.2% in 2023. Operating...

NORWOOD, Mass., March 05, 2025 (GLOBE NEWSWIRE) — MariMed Inc. (“MariMed” or the “Company”) (CSE: MRMD) (OTCQX: MRMD), a leading multi-state cannabis operator focused on improving lives every day, today announced its financial results for the fourth quarter and year ended December 31, 2024. MariMed CEO Jon Levine commented, “We’re pleased to report record revenues and improved adjusted EBITDA for MariMed. I continue to believe we own one of the strongest portfolios of cannabis brands in the industry, which helped us drive annual wholesale revenue growth of 29 percent. Our brands continue to gain market share in all our core markets, with Betty’s Eddies™ fruit chews currently the top-selling edible in Massachusetts and Maryland. Looking ahead to 2025, we have a number of levers to fuel our growth, including: a full year of...

TORONTO, March 05, 2025 (GLOBE NEWSWIRE) — Aecon Group Inc. (TSX: ARE) (“Aecon” or the “Company”) today reported results for the fourth quarter and year-end 2024 including full year revenue of $4.2 billion and backlog of $6.7 billion at December 31, 2024. “Driven by robust year-end backlog, significant new contract awards, contributions from strategic acquisitions, solid recurring revenue, and a strong bid pipeline, revenue in 2025 is expected to be stronger than 2024,” said Jean-Louis Servranckx, President and Chief Executive Officer, Aecon Group Inc. “Aecon is actively engaged in delivering several major long-term projects under more collaborative models and is focused on advancing them to the construction phase in 2025 and 2026. Aecon will maintain a disciplined capital allocation approach and remains focused on strategic investments...

– Acquired Three Industrial Properties in 2024 for $44.7 Million –– Acquires Three Industrial Assets for $62.3 Million in First Quarter 2025 –– Signed Definitive Agreement to Acquire Industrial Property for $26 Million –– Declared 129th Consecutive Quarterly Dividend – GREAT NECK, N.Y., March 05, 2025 (GLOBE NEWSWIRE) — One Liberty Properties, Inc. (NYSE: OLP), a real estate investment trust focused primarily on net leased industrial properties, today announced operating results for the quarter and year ended December 31, 2024. Patrick J. Callan, Jr., President and Chief Executive Officer of One Liberty commented, “We are proud of our successful efforts, over the past several years, to transform this company into an industrial property owner. After the completion of a purchase scheduled to close before March 31, 2025, we will have...

HAMILTON, Bermuda, March 05, 2025 (GLOBE NEWSWIRE) — Fitch Ratings (Fitch) has today announced that it has affirmed the ratings of SiriusPoint Ltd. (“SiriusPoint” or the “Company”), including its Long-Term Issuer Default Rating at ‘BBB’, its senior debt rating at ‘BBB-‘ and its Insurer Financial Strength (IFS) rating at ‘A-‘ (Strong) of SiriusPoint’s subsidiaries. It has also revised the Company’s Outlook to Positive from Stable. Fitch said: “The Positive Outlook reflects significant underwriting performance improvement in 2024 and 2023 as a result of repositioning the (re)insurance portfolio and exiting non-core lines in order to improve profitability and reduce overall volatility.” Key drivers of the ratings include the completed transaction for the full repurchase of all outstanding shares and warrants from CM Bermuda Limited,...

  OMEGA FLEX, INC. (OFLX)  Twelve Months Ended December 31,   Three Months Ended December 31,  2024   2023   2024     2023                       Net Sales $ 101,681,000     $ 111,465,000     $ 26,965,000     $ 28,147,000                       Net Income attributable to Omega Flex, Inc. $ 18,014,000     $ 20,763,000     $ 4,682,000     $ 4,889,000                       Earnings Per Share – Basic and Diluted $ 1.78     $ 2.06     $ 0.46     $ 0.48                       Weighted Average Shares – Basic and Diluted   10,094,322       10,094,322       10,094,322       10,094,322                                 EXTON, Pa., March 05, 2025 (GLOBE NEWSWIRE) — Dean W. Rivest, CEO, announced that net sales of Omega Flex, Inc. (the “Company” or “Omega Flex”) (Nasdaq: OFLX) for 2024 and 2023 were $101,681,000...

NN delivers performance as expected in first full year of transformation NN is accelerating and further refining transformation plans in 2025 CHARLOTTE, N.C., March 05, 2025 (GLOBE NEWSWIRE) — NN, Inc. (NASDAQ: NNBR) (“NN” or the “Company”), a global diversified industrial company that engineers and manufactures high-precision components and assemblies, today reported its financial results for the fourth quarter and full-year ended December 31, 2024. Key results for the quarter and full-year ended 2024 include (compared with the fourth quarter and full-year of 2023):Net sales of $106.5 million and $464.3 million, decreased by 5.3% and 5.1%, respectively. Pro forma net sales, adjusted for sale of Lubbock, rationalized business, and other pro forma adjustments, increased by 2.0% and declined by 0.2%, respectively. GAAP earnings...