PAC

Advanced Emissions Solutions Reports Third Quarter 2023 Results

Retrieved on: 
Wednesday, November 8, 2023

Third quarter net loss was $2.2 million compared to net loss of $2.4 million in the prior year period.

Key Points: 
  • Third quarter net loss was $2.2 million compared to net loss of $2.4 million in the prior year period.
  • Third quarter Consolidated Adjusted EBITDA was $0.9 million compared to Consolidated Adjusted EBITDA loss of $0.5 million in the prior year period.
  • Cash balances as of September 30, 2023, including restricted cash, totaled $61.3 million, compared to $76.4 million as of December 31, 2022.
  • Third quarter other operating expenses were $11.6 million compared to $9.5 million for the third quarter of 2022.

Grupo Aeroportuario del Pacifico Announces the Drawdown of Ps. 1.5 billion From a Credit Facility

Retrieved on: 
Wednesday, November 8, 2023

de C.V., (NYSE: PAC; BMV: GAP) (“the Company” or “GAP”) announces that today made a drawdown of Ps.

Key Points: 
  • de C.V., (NYSE: PAC; BMV: GAP) (“the Company” or “GAP”) announces that today made a drawdown of Ps.
  • 1.5 billion from a credit facility with Banco Santander México, S.A., at a 12-month term.
  • Interest will be payable monthly at a variable rate of TIIE-28 plus 38 basis points, and principal payment due upon maturity, without fees.
  • 1.5 billion credit facility with Scotiabank Inverlat, S.A., which matures today.

EQS-News: Bike24 Holding AG: Margin improvement initiatives continue to show positive development during third quarter of 2023

Retrieved on: 
Tuesday, November 7, 2023

Sales guidance for FY 2023 adjusted from previously -10 to -5 percent to -16 to -11 percent, guidance for adjusted EBITDA margin remains unchanged

Key Points: 
  • Sales guidance for FY 2023 adjusted from previously -10 to -5 percent to -16 to -11 percent, guidance for adjusted EBITDA margin remains unchanged
    Dresden, November 2, 2023.
  • In the third quarter of 2023, Bike24 Holding AG (BIKE24) recorded a decline in sales of -16 percent due to persistently poor consumer sentiment in the core market DACH.
  • Adjustments in the pricing strategy resulted in a gross margin of 27.1 percent, a significant increase compared to the prior-year quarter (24.8 percent).
  • This corresponds to an adjusted EBITDA margin of 3.9 percent for the third quarter (Q3 2022: 3.3 percent).

VANGUARD® 23.0 Gross HP* SMALL BLOCK ENGINE POWERING NEW HOBART® ENGINE-DRIVEN WELDER

Retrieved on: 
Monday, November 6, 2023

The rugged 23 Gross HP* Small Block engine has 15% less volume and is 18% lighter compared to its competitors.

Key Points: 
  • The rugged 23 Gross HP* Small Block engine has 15% less volume and is 18% lighter compared to its competitors.
  • The 23 Gross HP* Small Block engine offers the best power-to-weight ratio on the market at 3.35 lbs/HP (77 lbs/23 HP).
  • For nearly two years, Vanguard experts leveraged their power application expertise to support the design and integration of the 23 Gross HP* Small Block engine into the new engine-driven welder unit from Hobart.
  • The Vanguard Small Block V-Twin engine lineup offers a range of light, compact engines engineered to take on the most grueling commercial applications.

Stinger: The Evolution of AAMP Global

Retrieved on: 
Thursday, November 2, 2023

CLEARWATER, Fla., Nov. 2, 2023 /PRNewswire/ -- AAMP Global announced today that it will be rebranding the company to Stinger. Starting as an old-school aftermarket parts distributor, to now a leading Global automotive solutions provider, Stinger has undergone an exciting transformation reflecting their expanded integration, infotainment, car audio, safety, fleet services, and lighting categories. The rebrand to Stinger aims to better align the company's identity with its hunger for continuous innovation, capturing the enthusiasm the team feels about the company.

Key Points: 
  • CLEARWATER, Fla., Nov. 2, 2023 /PRNewswire/ -- AAMP Global announced today that it will be rebranding the company to Stinger .
  • Starting as an old-school aftermarket parts distributor, to now a leading Global automotive solutions provider, Stinger has undergone an exciting transformation reflecting their expanded integration, infotainment, car audio, safety, fleet services, and lighting categories.
  • The rebrand to Stinger aims to better align the company's identity with its hunger for continuous innovation, capturing the enthusiasm the team feels about the company.
  • Throughout the rebranding process, extensive research has been conducted to ensure that the vision aligns with the needs of the valued Dealer Network.

PAC Machinery Introduces Clamco 250C Combo Shrink System, a More Robust System to Replace the 120/240C

Retrieved on: 
Thursday, October 26, 2023

BEREA, Ohio, Oct. 26, 2023 (GLOBE NEWSWIRE) -- PAC Machinery announces the 250C Combo L-Bar Sealer and Tunnel Combination Shrink System will replace the Clamco 120/240C Shrink System that has been discontinued.

Key Points: 
  • BEREA, Ohio, Oct. 26, 2023 (GLOBE NEWSWIRE) -- PAC Machinery announces the 250C Combo L-Bar Sealer and Tunnel Combination Shrink System will replace the Clamco 120/240C Shrink System that has been discontinued.
  • The 250C Combo Series includes standard features and unique advantages not found on competitive systems in the same class.
  • The Clamco 250C Combo Shrink Wrap System combines an L-bar sealer with a shrink tunnel in one robust, compact unit featuring a motorized closing seal bar arm that improves both operator ergonomics as well as production output.
  • From L-Bar Sealers to high-speed Automatic Shrink Packaging Systems, Clamco brand shrink machines from PAC offers a wide range of machines in this product category.

EQS-News: Bike24 Holding AG announces preliminary results for the third quarter of 2023, full-year revenue guidance adjusted

Retrieved on: 
Thursday, October 26, 2023

Bike24 Holding AG announces preliminary results for the third quarter of 2023, full-year revenue guidance adjusted

Key Points: 
  • Bike24 Holding AG announces preliminary results for the third quarter of 2023, full-year revenue guidance adjusted
    The issuer is solely responsible for the content of this announcement.
  • However, macroeconomic challenges and consolidations across the industry are expected to lead to stronger overcapacities than originally planned.
  • Initial consolidations show that the market will change fundamentally," says Andrés Martin-Birner, co-founder and CEO of BIKE24.
  • As the expected easing of the market is expected to be further delayed, the management of BIKE24 has adjusted the revenue guidance for fiscal year 2023.

Grupo Aeroportuario del Pacifico Announces Government Action to Amend the Rules for Tariff Regulation

Retrieved on: 
Friday, October 20, 2023

GUADALAJARA, Mexico, Oct. 19, 2023 (GLOBE NEWSWIRE) -- Grupo Aeroportuario del Pacífico, S.A.B.

Key Points: 
  • GUADALAJARA, Mexico, Oct. 19, 2023 (GLOBE NEWSWIRE) -- Grupo Aeroportuario del Pacífico, S.A.B.
  • These new rules have immediate application, however, the Master Development Plan and the current maximum Tariffs, approved in the last tariff review for the period 2020-2024, will remain in place.
  • Any modification to the tariffs based on the new Rules for Tariff Regulation will apply to tariffs starting on January 1, 2025, once the ordinary review process of the Joint Maximum Tariff and Master Development Plan for the period 2025-2029 is completed.
  • An English translation of the full text of the document called Rules for Tariff Regulation received on October 19 is on the Company’s website at:
    Grupo Aeroportuario del Pacífico, S.A.B.

PAC Worldwide Opens New, Larger Mexico Manufacturing Facility

Retrieved on: 
Wednesday, October 25, 2023

SEATTLE, Oct. 25, 2023 /PRNewswire/ -- Seeking to scale its Central America manufacturing capabilities, PAC Worldwide has moved operations formerly housed in its Pedro Escobedo, Mexico location into a new 83,000 square-foot plant in Vistha San Juan Del Rio. The full-service flexible packaging facility is located two hours north of Mexico City. 

Key Points: 
  • SEATTLE, Oct. 25, 2023 /PRNewswire/ -- Seeking to scale its Central America manufacturing capabilities, PAC Worldwide has moved operations formerly housed in its Pedro Escobedo, Mexico location into a new 83,000 square-foot plant in Vistha San Juan Del Rio.
  • The full-service flexible packaging facility is located two hours north of Mexico City.
  • PAC Worldwide opened its first Mexican plant in the Queretaro area 26 years ago, selling to brands throughout North America as well as Mexico.
  • PAC Worldwide President Thomas Parenteau praised management and staff for the ease and effectiveness in making the transition to the new, larger factory.

Prancer Enterprise Awarded Patent for Groundbreaking Automated Penetration Testing Technology

Retrieved on: 
Monday, October 23, 2023

SAN DIEGO, Oct. 23, 2023 /PRNewswire-PRWeb/ -- Prancer Enterprise, a leading innovator in cloud security solutions, is thrilled to announce the grant of a pivotal patent from the United States Patent and Trademark Office (USPTO) for its cutting-edge technology in automated penetration testing in cloud environments.

Key Points: 
  • Prancer Enterprise, a leading innovator in cloud security solutions, is thrilled to announce the grant of a pivotal patent from the United States Patent and Trademark Office (USPTO) for its cutting-edge technology in automated penetration testing in cloud environments.
  • SAN DIEGO, Oct. 23, 2023 /PRNewswire-PRWeb/ -- Prancer Enterprise, a leading innovator in cloud security solutions, is thrilled to announce the grant of a pivotal patent from the United States Patent and Trademark Office (USPTO) for its cutting-edge technology in automated penetration testing in cloud environments.
  • The patented technology underpins Prancer's Penetration Testing as Code (PAC) engine, which significantly enhances the efficiency and effectiveness of security testing by emulating real-world attacks to uncover and rectify security vulnerabilities in enterprise assets.
  • For more information about Prancer Enterprise and its patented automated penetration testing technology, visit https://www.prancer.io .