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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...

Full year 2024 Revenue Growth of 3.4%, Net Income increased 208.6% to $19.0 million Full year 2024 Adjusted EBITDA (non-GAAP) of $82.5 million, an increase of 25.3% Full year 2024 Net Cash from Operations of $50.1 million, an increase of 87.4%; Free Cash Flow (non-GAAP) of $27.1 million, an increase of 775.9% Full year 2024 Selling, General and Administrative expenses decreased $10.4 million or 6.2% PRINCETON JUNCTION, N.J., March 05, 2025 (GLOBE NEWSWIRE) — MISTRAS Group, Inc. (MG: NYSE), a leading “one source” multinational provider of integrated technology-enabled asset protection solutions, reported financial results for its fourth quarter and twelve months ended December 31, 2024. Highlights of the Fourth Quarter 2024*Income from Operations of $10.5 million Net income of $5.3 million and Earnings Per Diluted...

Dallas, Texas, March 05, 2025 (GLOBE NEWSWIRE) — CompX International Inc. (NYSE American: CIX) announced today net sales of $38.4 million for the fourth quarter of 2024 compared to $43.2 million in the same period of 2023. Operating income was $4.9 million in the fourth quarter of 2024 compared to $7.4 million in the same period of 2023. Net income was $4.5 million, or $.37 per basic and diluted common share, for the fourth quarter of 2024 compared to $6.7 million, or $.54 per basic and diluted common share, in the same period of 2023. Net sales for the year ended December 31, 2024 were $145.9 million compared to $161.3 million in the previous year. Operating income was $17.0 million for the year ended December 31, 2024 compared to $25.4 million in 2023. Net income for the year ended December 31, 2024 was $16.6 million, or $1.35...

Fourth quarter comparable sales increase 5%Operating Income and EPS exceed expectationsProvides initial full year and first quarter 2025 guidance REYNOLDSBURG, Ohio, March 05, 2025 (GLOBE NEWSWIRE) — Victoria’s Secret & Co. (“VS&Co” or the “Company”) (NYSE: VSCO) today reported financial results for the fourth quarter and fiscal year ended February 1, 2025. “I am pleased with the strength of our fourth quarter holiday results, which saw sales up in both our Victoria’s Secret and PINK brands and our powerhouse Beauty business. Sales increased across most major merchandise categories, in our stores and digital channels, and in both our North America and International businesses. We won in the big moments of the quarter and gained more than our fair share of the traffic in the mall and online. The teams focused on execution...