Minerva

MINERVA FOODS RECORDS EBITDA OF R$ 2,6 BILLION IN 2023

Retrieved on: 
Tuesday, March 26, 2024

SÃO PAULO, March 26, 2024 /PRNewswire/ -- Minerva Foods (Minerva S.A. – B3: BEEF3 | OTC – Nasdaq International: MRVSY), the South American leader in the export of fresh beef and cattle by products, which also operates in the processed foods segment, announces to the market the financial results for 2023.

Key Points: 
  • SÃO PAULO, March 26, 2024 /PRNewswire/ -- Minerva Foods (Minerva S.A. – B3: BEEF3 | OTC – Nasdaq International: MRVSY), the South American leader in the export of fresh beef and cattle by products, which also operates in the processed foods segment, announces to the market the financial results for 2023.
  • In 2023, recurring Free Cash Flow, adjusted by the acquisitions of Australia Lamb Company (ALC) and BPU Meat (Uruguay), totaled R$ 535,7 million.
  • Consolidated Gross Revenue totaled R$ 28,6 billion in 2023, with exports reaching 65% of revenue.
  • In 2023, EBITDA totaled R$ 2,6 billion, with an EBITDA margin of 9,5%.

MINERVA FOODS RECORDS EBITDA OF R$ 2,6 BILLION IN 2023

Retrieved on: 
Tuesday, March 26, 2024

SÃO PAULO, March 26, 2024 /PRNewswire/ -- Minerva Foods (Minerva S.A. – B3: BEEF3 | OTC – Nasdaq International: MRVSY), the South American leader in the export of fresh beef and cattle by products, which also operates in the processed foods segment, announces to the market the financial results for 2023.

Key Points: 
  • SÃO PAULO, March 26, 2024 /PRNewswire/ -- Minerva Foods (Minerva S.A. – B3: BEEF3 | OTC – Nasdaq International: MRVSY), the South American leader in the export of fresh beef and cattle by products, which also operates in the processed foods segment, announces to the market the financial results for 2023.
  • In 2023, recurring Free Cash Flow, adjusted by the acquisitions of Australia Lamb Company (ALC) and BPU Meat (Uruguay), totaled R$ 535,7 million.
  • Consolidated Gross Revenue totaled R$ 28,6 billion in 2023, with exports reaching 65% of revenue.
  • In 2023, EBITDA totaled R$ 2,6 billion, with an EBITDA margin of 9,5%.

Pritzker Military Museum & Library Will Host a Military Symposium on Global Security with 16 Renowned Experts for a One-Day Only Discussion

Retrieved on: 
Thursday, March 21, 2024

CHICAGO, March 21, 2024 /PRNewswire/ -- The Pritzker Military Museum & Library (PMML) will host the in-person and live stream 2024 Pritzker Military Symposium: Assessing Global Security, sponsored by Geico Military, PenFed Foundation, and WTTW/WFMT.

Key Points: 
  • CHICAGO, March 21, 2024 /PRNewswire/ -- The Pritzker Military Museum & Library (PMML) will host the in-person and live stream 2024 Pritzker Military Symposium: Assessing Global Security, sponsored by Geico Military, PenFed Foundation, and WTTW/WFMT.
  • The U.S. is supplying military equipment and training in Ukraine and Israel and competing with other nations to supply countries in Africa and the Indo-Pacific, particularly Taiwan.
  • Colleague Dr. Alexandra Chinchilla will expand the discussion into military aid for Taiwan to counter China.
  • Info: For more information on the 2024 Pritzker Military Symposium: Assessing Global Security visit https://www.pritzkermilitary.org/2024-pritzker-military-symposium

Minerva University Names Claire Macken as New Provost

Retrieved on: 
Thursday, March 21, 2024

SAN FRANCISCO, March 21, 2024 /PRNewswire/ -- Minerva University President Mike Magee announced today the appointment of Dr. Claire Macken as the university's new provost. She will begin her term in April. Current Provost Vicki Chandler is retiring after nine years at Minerva, having played an essential role in its design and growth.

Key Points: 
  • As the newest addition to the leadership team, Macken will enhance the university's global academic experience designed to prepare the next generation of change-makers
    SAN FRANCISCO, March 21, 2024 /PRNewswire/ -- Minerva University President Mike Magee announced today the appointment of Dr. Claire Macken as the university's new provost.
  • Current Provost Vicki Chandler is retiring after nine years at Minerva, having played an essential role in its design and growth.
  • Minerva University President Mike Magee announced the appointment of Dr. Claire Macken as the university's new provost.
  • Her distinguished career also includes senior positions at La Trobe University and Deakin University.

Affluent Medical : Excellent valve performance at 1 year follow up and rising recognition of Epygon biomimetic mitral valve.

Retrieved on: 
Wednesday, March 13, 2024

Affluent Medical : Excellent valve performance at 1 year follow up and rising recognition of Epygon biomimetic mitral valve.

Key Points: 
  • Affluent Medical : Excellent valve performance at 1 year follow up and rising recognition of Epygon biomimetic mitral valve.
  • The article summarizes the procedure and the follow up at 6 months, which showed continued good prosthetic performance.
  • Examination through a transesophageal echocardiogram revealed excellent valve performance, with neither mitral regurgitation nor paravalvular leak.
  • Mitral valve regurgitation is a serious and potentially fatal disease affecting 2% of the world's population, or approximately 160 million people.

Auto-Owners Partners with Carpe Data to Streamline the Underwriting Process

Retrieved on: 
Tuesday, November 14, 2023

Auto-Owners Insurance, one of the leading property and casualty insurers in the U.S., has selected Carpe Data, an award-winning provider of small commercial data solutions, to enhance its underwriting workflow and revolutionize its approach to small business underwriting.

Key Points: 
  • Auto-Owners Insurance, one of the leading property and casualty insurers in the U.S., has selected Carpe Data, an award-winning provider of small commercial data solutions, to enhance its underwriting workflow and revolutionize its approach to small business underwriting.
  • To tackle these ambitious goals, the insurer turned to Carpe Data's Minerva commercial data solution.
  • "The forward-thinking team at Auto-Owners recognized the need to harness better sources of intelligent data that enable automation across their underwriting workflow and improve outcomes in the process," said Max Drucker, CEO of Carpe Data.
  • "Our partnership with Carpe Data will improve our underwriting processes, allowing us to make more informed decisions with greater speed and efficiency," said Chad Reyher, assistant vice president of commercial lines underwriting for Auto-Owners.

MINERVA FOODS FILES EBITDA OF BRL 713,7 MILLION AND NET PROFIT OF BRL 141 MILLION IN 3Q23

Retrieved on: 
Wednesday, November 8, 2023

BARRETOS, Brasil, Nov. 8, 2023 /PRNewswire/ -- Minerva Foods (Minerva S.A – B3: BEEF3 | OTC – Nasdaq International: MRVSY), a leader in the export of fresh beef and its derivatives in South America, and which also operates in the processed beef segment, reports its earnings for the third quarter of 2023. The following financial and operational information is presented in BRGAAP, in Reals (BRL), according to International Financial Reporting Standards.

Key Points: 
  • The following financial and operational information is presented in BRGAAP, in Reals (BRL), according to International Financial Reporting Standards.
  • EBITDA in the third quarter of 2023 totaled BRL 713,1 million and the EBITDA margin was 10,1%.
  • In the last twelve months ending in September, EBITDA was BRL 2,6 billion and the EBITDA margin was 9,3%.
  • Free Cash Flow in 3Q23, after Financial Expenses, Capex, and Working Capital, was BRL 608,1 million.

MINERVA FOODS FILES EBITDA OF BRL 713,7 MILLION AND NET PROFIT OF BRL 141 MILLION IN 3Q23

Retrieved on: 
Wednesday, November 8, 2023

BARRETOS, Brasil, Nov. 8, 2023 /PRNewswire/ -- Minerva Foods (Minerva S.A – B3: BEEF3 | OTC – Nasdaq International: MRVSY), a leader in the export of fresh beef and its derivatives in South America, and which also operates in the processed beef segment, reports its earnings for the third quarter of 2023. The following financial and operational information is presented in BRGAAP, in Reals (BRL), according to International Financial Reporting Standards.

Key Points: 
  • The following financial and operational information is presented in BRGAAP, in Reals (BRL), according to International Financial Reporting Standards.
  • EBITDA in the third quarter of 2023 totaled BRL 713,1 million and the EBITDA margin was 10,1%.
  • In the last twelve months ending in September, EBITDA was BRL 2,6 billion and the EBITDA margin was 9,3%.
  • Free Cash Flow in 3Q23, after Financial Expenses, Capex, and Working Capital, was BRL 608,1 million.

Mexico Fashion Show 2023 Returns to its Birthplace, the Beautiful Hacienda Tres Rios, to Showcase Latin America's Latest Fashion Trends

Retrieved on: 
Monday, October 23, 2023

CANCUN QUINTANA ROO, Mexico, Oct. 23, 2023 /PRNewswire-PRWeb/ -- Riviera Maya, Mexico- Mexico Fashion Show is back in renewed style and splendor! This year, the majestic Hacienda Tres Rios, owned by Sunset World Group in the Riviera Maya, returns to present the most anticipated edition to date. Renowned Latin American designers will delight us with their latest creations in a celebration of fashion and style that promises to be memorable. To inaugurate this great event, on November 2 we will celebrate an exclusive cocktail party, where the famous designers will mingle with special guests, partners, and guests of Sunset World. The combination of fashion, luxury, and a spectacular natural setting makes the Mexico Fashion Show an unforgettable event that will captivate all fashion and beauty lovers.

Key Points: 
  • CANCUN QUINTANA ROO, Mexico, Oct. 23, 2023 /PRNewswire-PRWeb/ -- Riviera Maya, Mexico- Mexico Fashion Show is back in renewed style and splendor!
  • This year, the majestic Hacienda Tres Rios, owned by Sunset World Group in the Riviera Maya, returns to present the most anticipated edition to date.
  • Renowned Latin American designers will delight us with their latest creations in a celebration of fashion and style that promises to be memorable.
  • The combination of fashion, luxury, and a spectacular natural setting makes the Mexico Fashion Show an unforgettable event that will captivate all fashion and beauty lovers.

Affluent Medical : H1 2023 results. Major advances in clinical programs. Extension of cash horizon to February 2024.

Retrieved on: 
Thursday, September 28, 2023

Since early 2023, Affluent Medical has been developing its medical devices and announced important clinical advances in each of its three programs.

Key Points: 
  • Since early 2023, Affluent Medical has been developing its medical devices and announced important clinical advances in each of its three programs.
  • This transcatheter approach avoids an invasive "open heart" procedure and associated complications to treat mitral valve insufficiency.
  • Affluent Medical believes that Kalios would avoid further intervention for potentially 30-40% of patients over a five-year horizon.
  • This transaction would be intended to finance ongoing clinical programs and could receive the support of its reference shareholders.