AFH

KP Tissue Releases Fourth Quarter and Full Year 2023 Financial Results

Retrieved on: 
Thursday, March 7, 2024

MISSISSAUGA, Ontario, March 07, 2024 (GLOBE NEWSWIRE) -- KP Tissue Inc. (KPT) (TSX: KPT) reports the Q4 2023 and full year 2023 financial and operational results of KPT and Kruger Products Inc. (Kruger Products).

Key Points: 
  • MISSISSAUGA, Ontario, March 07, 2024 (GLOBE NEWSWIRE) -- KP Tissue Inc. (KPT) (TSX: KPT) reports the Q4 2023 and full year 2023 financial and operational results of KPT and Kruger Products Inc. (Kruger Products).
  • Net income was $16.5 million in Q4 2023 compared to $16.0 million in Q4 2022, an increase of $0.5 million.
  • Revenue was $1,873.0 million in Fiscal 2023 compared to $1,681.4 million in Fiscal 2022, an increase of $191.6 million or 11.4%.
  • KPT will hold its fourth quarter conference call on Thursday, March 7, 2024 at 8:30 a.m. Eastern Time.

The Art of Hand Drying: Introducing the World’s Coolest Hand Dryers! - Designed by teens from Artist for Humanity

Retrieved on: 
Tuesday, January 23, 2024

Now, thanks to a partnership with Excel Dryer , AFH has installed first-of-their-kind XLERATOR® Hand Dryers customized with artwork designed by local teens in its facility bathrooms.

Key Points: 
  • Now, thanks to a partnership with Excel Dryer , AFH has installed first-of-their-kind XLERATOR® Hand Dryers customized with artwork designed by local teens in its facility bathrooms.
  • View the full release here: https://www.businesswire.com/news/home/20240123243215/en/
    One of the custom XLERATOR® Hand Dryers in use at Artists for Humanity in Boston.
  • This project is the first time Excel Dryer has customized its XLERATOR® Hand Dryer beyond logos and custom images.
  • “They look almost like cool sculptural pieces, but you can still tell they are hand dryers—just the coolest hand dryers you’ve ever seen.

KP Tissue Releases Third Quarter 2023 Financial Results

Retrieved on: 
Wednesday, November 8, 2023

MISSISSAUGA, Ontario, Nov. 08, 2023 (GLOBE NEWSWIRE) -- KP Tissue Inc. (KPT) (TSX: KPT) reports the Q3 2023 financial and operational results of KPT and Kruger Products Inc. (Kruger Products).

Key Points: 
  • MISSISSAUGA, Ontario, Nov. 08, 2023 (GLOBE NEWSWIRE) -- KP Tissue Inc. (KPT) (TSX: KPT) reports the Q3 2023 financial and operational results of KPT and Kruger Products Inc. (Kruger Products).
  • Adjusted EBITDA1 was $72.4 million in Q3 2023, compared to $30.7 million in Q3 2022, an increase of 135.7%.
  • Net income was $12.9 million in Q3 2023 compared to a net loss of $38.8 million in Q3 2022, an increase of $51.7 million.
  • KPT will hold its third quarter conference call on Wednesday, November 8, 2023 at 8:30 a.m. Eastern Time.

KP Tissue Releases Second Quarter 2023 Financial Results

Retrieved on: 
Thursday, August 10, 2023

MISSISSAUGA, Ontario, Aug. 10, 2023 (GLOBE NEWSWIRE) -- KP Tissue Inc. (KPT) (TSX: KPT) reports the Q2 2023 financial and operational results of KPT and Kruger Products Inc. (Kruger Products).

Key Points: 
  • MISSISSAUGA, Ontario, Aug. 10, 2023 (GLOBE NEWSWIRE) -- KP Tissue Inc. (KPT) (TSX: KPT) reports the Q2 2023 financial and operational results of KPT and Kruger Products Inc. (Kruger Products).
  • As a result, our financial performance in the second quarter normalized versus a more challenging market and operating environment in the same period last year.
  • While the significant inflation experienced during 2022 has moderated in the second quarter of 2023, manufacturing input costs remain higher than the year ago quarter.
  • KPT will hold its second quarter conference call on Thursday, August 10, 2023 at 8:30 a.m. Eastern Time.

Kingswood U.S. raises more than $100,000 for Nonprofit in Greater Atlanta Area

Retrieved on: 
Monday, June 12, 2023

NEW YORK, June 12, 2023 /PRNewswire/ -- Kingswood U.S., a network of independent wealth management firms that oversees more than $3.5 billion in client assets, today announced it had raised more than $100,000 for A Friend's House (AFH), a 501(c)(3) organization serving as a shelter and home to youth in crisis, as Kingswood's Director of Operations Ashley Webb joined the board of the nonprofit. The funds are going to the construction of new facilities that expands on AFH's mission of care for minors seeking respite from abuse, abandonment, or neglect.

Key Points: 
  • The funds are going to the construction of new facilities that expands on AFH's mission of care for minors seeking respite from abuse, abandonment, or neglect.
  • Michael Nessim, CEO, President and Managing Partner of Kingswood U.S., said, "Ensuring children a healthy environment for physical and emotional growth is at the core of A Friend's House, a high-impact nonprofit that Kingswood has supported since its earliest days.
  • We're especially proud of Ashley's tireless commitment to AFH – exemplifying what Kingswood is all about – business for good and strengthening communities, coast to coast.
  • Ms. Webb's election to the Board of AFH comes as the nonprofit completes a round of fundraising made possible by Kingswood representatives.

Kraft Heinz Unveils HEINZ REMIX™, The First Customizable Digital Sauce Dispenser

Retrieved on: 
Wednesday, May 17, 2023

Today, The Kraft Heinz Company (Nasdaq: KHC) (“Kraft Heinz” or the “Company”) unveiled HEINZ REMIX™, the first customizable and IoT-enabled digital sauce dispenser to launch that allows consumers to personalize their own flavor creations.

Key Points: 
  • Today, The Kraft Heinz Company (Nasdaq: KHC) (“Kraft Heinz” or the “Company”) unveiled HEINZ REMIX™, the first customizable and IoT-enabled digital sauce dispenser to launch that allows consumers to personalize their own flavor creations.
  • View the full release here: https://www.businesswire.com/news/home/20230517005112/en/
    Kraft Heinz Unveils HEINZ REMIX™, The First Customizable Digital Sauce Dispenser To Launch (Photo: Business Wire)
    HEINZ® is no stranger to unique sauce combinations that satisfy fans’ cravings & needs (hello, MAYOCHUP®!).
  • With HEINZ REMIX, it’s more than a sauce dispenser; it’s an insights engine and business model enabler that will help Kraft Heinz understand and respond to consumer trends and flavor preferences in real-time.
  • “The launch of HEINZ REMIX is a first for the sauce category and foodservice industry,” said Peter Hall, President, U.S. Away from Home, Kraft Heinz.

KP Tissue Releases First Quarter 2023 Financial Results

Retrieved on: 
Thursday, May 11, 2023

MISSISSAUGA, Ontario, May 11, 2023 (GLOBE NEWSWIRE) -- KP Tissue Inc. (KPT) (TSX: KPT) reports the Q1 2023 financial and operational results of KPT and Kruger Products Inc. (Kruger Products).

Key Points: 
  • MISSISSAUGA, Ontario, May 11, 2023 (GLOBE NEWSWIRE) -- KP Tissue Inc. (KPT) (TSX: KPT) reports the Q1 2023 financial and operational results of KPT and Kruger Products Inc. (Kruger Products).
  • The ramp-up of our bathroom tissue line exceeded expectations in the first quarter, while the start-up of our facial tissue and paper machine lines are scheduled for the fourth quarter of 2023 and end of 2024, respectively.
  • Accordingly, Adjusted EBITDA1 in Q2 2023 is expected to be in the range of Q1 2023.
  • KPT will hold its first quarter conference call on Thursday, May 11, 2023 at 8:30 a.m. Eastern Time.

Foundation Fighting Blindness and Athletes for Hope Announce Strategic Partnership

Retrieved on: 
Tuesday, May 2, 2023

COLUMBIA, Md., May 2, 2023 /PRNewswire/ -- The Foundation Fighting Blindness, the world's leading organization committed to finding treatments and cures for blinding retinal diseases, announced today a partnership with Athletes for Hope (AFH), a national nonprofit that assists athletes of all levels with community service and advocacy work. This partnership will build awareness for blinding diseases throughout the athletic community.

Key Points: 
  • COLUMBIA, Md., May 2, 2023 /PRNewswire/ -- The Foundation Fighting Blindness , the world's leading organization committed to finding treatments and cures for blinding retinal diseases, announced today a partnership with Athletes for Hope (AFH), a national nonprofit that assists athletes of all levels with community service and advocacy work.
  • Coinciding with Mental Health Awareness Month in May, the Foundation Fighting Blindness will be a partner of Athletes for Hope's Whole Being Athlete Program .
  • "Mental health is at the forefront of everything we do at Athletes for Hope, and we are honored to partner with Foundation Fighting Blindness to amplify the mental health stories of visually-impaired athletes," said Jason Belinkie, chief executive officer at AFH.
  • "We are proud to partner with Athletes for Hope as a unique opportunity to further raise awareness for blinding retinal diseases."

KP Tissue Releases Fourth Quarter and Full Year 2022 Financial Results

Retrieved on: 
Thursday, March 9, 2023

MISSISSAUGA, Ontario, March 09, 2023 (GLOBE NEWSWIRE) -- KP Tissue Inc. (KPT) (TSX: KPT) reports the Q4 2022 and full year 2022 financial and operational results of KPT and Kruger Products L.P. (KPLP).

Key Points: 
  • MISSISSAUGA, Ontario, March 09, 2023 (GLOBE NEWSWIRE) -- KP Tissue Inc. (KPT) (TSX: KPT) reports the Q4 2022 and full year 2022 financial and operational results of KPT and Kruger Products L.P. (KPLP).
  • Net loss was $56.9 million in 2022, compared to net income of $42.0 million in 2021, a decrease of $98.9 million.
  • “We are highly encouraged by the ongoing recovery of our financial results in 2022 despite uncertain market conditions and persistent inflationary pressure,” stated KP Tissue’s Chief Executive Officer, Dino Bianco.
  • KPT will hold its fourth quarter conference call on Thursday, March 9, 2023 at 8:30 a.m. Eastern Time.

Qatar America Institute for Culture fall schedule of programs offers a new take on sustainability in the arts

Retrieved on: 
Thursday, September 22, 2022

WASHINGTON, Sept. 22, 2022 /PRNewswire/ -- The Qatar America Institute for Culture (QAIC) is pleased to present its fall schedule of programs emphasizing the relationship between QAIC's mission to cultivate artistic expression and cultural dialogue from the United States, Qatar and the broader Arab and Islamic worlds with today's most pressing issues. Organized in collaboration with Qatari and U.S.- based cultural partners, including the Doha Film Institute (DFI), QAIC's fall programs and exhibitions engage climate change and sustainability in the arts through film, olfactory art, and photography and culminate in a weekend-long arts summit with related panels, film screenings, and other activities.

Key Points: 
  • Sustainability-focused programming kicked off on August 23, 2022, with the opening reception of the third annual FOCI photography program exhibition.
  • This year's theme and exhibition opened in conjunction with World Water Week drawing attention to water scarcity and access.
  • "Here at QAIC, our IMPART Summit is the culmination of a year-long focus on sustainability through the arts."
  • To schedule a visit or to view the full schedule of upcoming programs, visit qataramerica.org .