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EQS-News: Preliminary results: Vitesco Technologies looks back on a successful 2023

Retrieved on: 
Wednesday, March 13, 2024

Vitesco Technologies, a leading international provider of modern drive technologies and electrification solutions for sustainable mobility, is today publishing its preliminary results for fiscal year 2023.

Key Points: 
  • Vitesco Technologies, a leading international provider of modern drive technologies and electrification solutions for sustainable mobility, is today publishing its preliminary results for fiscal year 2023.
  • Vitesco Technologies’ core business achieved organic growth of 12.2 percent, compared to the general growth in automotive production of 9.4 percent.
  • Vitesco Technologies generated sales of around €1.3 billion from electrification components in 2023 (2022: €1.1 billion).
  • With an equity ratio of 37.6 percent as of December 31, 2023 (December 31, 2022: 40.3 percent), Vitesco Technologies’ balance sheet remains exceptionally solid.

EQS-News: FY 2023 preliminary financial results in line with guidance: EBITDA of EUR 54.1m - PATRIZIA proposes sixth consecutive increase in dividends and signals cautious optimism for FY 2024

Retrieved on: 
Wednesday, March 13, 2024

FY 2023 preliminary financial results in line with guidance: EBITDA of EUR 54.1m - PATRIZIA proposes sixth consecutive increase in dividends and signals cautious optimism for FY 2024

Key Points: 
  • FY 2023 preliminary financial results in line with guidance: EBITDA of EUR 54.1m - PATRIZIA proposes sixth consecutive increase in dividends and signals cautious optimism for FY 2024
    The issuer is solely responsible for the content of this announcement.
  • PATRIZIA remained an active net buyer in the market with investments signed for clients more than offsetting disposals and redemptions.
  • The investment activity for domestic and international clients supported the successful geographical and product diversification of PATRIZIA during FY 2023.
  • Additionally, a market driven impairment on consolidated seed investing/ warehousing inventory real estate of EUR 16.9m burdened FY 2023 results.

Implenia wins new strategic contracts for building construction and civil engineering

Retrieved on: 
Wednesday, March 13, 2024

Civil engineering work has already started and Green will deliver the first data centre capacity in summer 2025.

Key Points: 
  • Civil engineering work has already started and Green will deliver the first data centre capacity in summer 2025.
  • Implenia has already built the first of three data centres for Green in Dielsdorf and is currently constructing the associated office building on the Green Metro Campus site.
  • Implenia has been commissioned by a pension fund to realise a residential development in the canton of Zurich as total contractor.
  • The Swedish Transport Authority has awarded Implenia the contract for planning and building the Ersmark tunnel in northern Sweden.

EQS-News: AUTO1 Group reports record gross profit in 2023 and best annual adjusted EBITDA since IPO

Retrieved on: 
Wednesday, March 13, 2024

AUTO1 Group’s Retail business Autohero reported record GPU (gross profit per unit) of EUR 1,970 in Q4.

Key Points: 
  • AUTO1 Group’s Retail business Autohero reported record GPU (gross profit per unit) of EUR 1,970 in Q4.
  • Retail gross profit was EUR 30.1 million, up 4% compared to Q3 2023.
  • Merchant revenue was EUR 1.07 billion, slightly up quarter over quarter and gross profit was EUR 103.7 million.
  • AUTO1 Group provides the following full-year guidance for 2024:
    Total units at 610,000 - 665,000 (2023: 586,100 units)
    Units in the Merchant segment at 540,000 - 595,000 (2023: 523,000 units)
    Units in the Retail segment around 70,000 (2023: 63,100 units) with GPU at the EUR 1,900 level
    Total gross profit at EUR 565 - 625 million (2023: EUR 527,9 million)
    Adjusted EBITDA breakeven for the full year (2023: EUR (44) million)

Gran Tierra Energy Inc. Provides Operations Update

Retrieved on: 
Monday, March 11, 2024

2024 Year-to-Date Total Company Average Production1 of Approximately 33,100 BOPD, 6% Percent Increase from Fourth Quarter 2023

Key Points: 
  • 2024 Year-to-Date Total Company Average Production1 of Approximately 33,100 BOPD, 6% Percent Increase from Fourth Quarter 2023
    CALGARY, Alberta, March 11, 2024 (GLOBE NEWSWIRE) -- Gran Tierra Energy Inc. (“Gran Tierra” or the “Company”) (NYSE American:GTE)(TSX:GTE)(LSE:GTE) today announced an operational update.
  • Gary Guidry, President and Chief Executive Officer of Gran Tierra, commented: “We are thrilled by the outcome to the start of our development drilling program so far in 2024.
  • Since December 2023, Gran Tierra has drilled 5 wells of which 4 are oil producers and 1 is a water injector:
    The first well, CYC-56, has been on production with jet pump since early January 2024.
  • During 2023 Gran Tierra received an “A” rating from MSCI5 as a result of its Beyond Compliance philosophy and ESG performance.

Calavo Growers, Inc. Announces First Quarter 2024 Financial Results

Retrieved on: 
Monday, March 11, 2024

SANTA PAULA, Calif., March 11, 2024 (GLOBE NEWSWIRE) -- Calavo Growers, Inc. (Nasdaq-GS: CVGW), a global avocado industry leader and provider of convenient, ready-to-eat fresh food, today reported its financial results for the fiscal first quarter ended January 31, 2024.

Key Points: 
  • SANTA PAULA, Calif., March 11, 2024 (GLOBE NEWSWIRE) -- Calavo Growers, Inc. (Nasdaq-GS: CVGW), a global avocado industry leader and provider of convenient, ready-to-eat fresh food, today reported its financial results for the fiscal first quarter ended January 31, 2024.
  • As a result, the financial results of that business are reported as discontinued operations in this press release.
  • We expect another successful California avocado season for Calavo in fiscal 2024.”
    “We continue to anticipate completing the sale of our fresh cut business within the fiscal second quarter.
  • Performance in our tomato business has improved in the second quarter, and we expect solid tomato results in fiscal 2024.

Runway Growth Finance Corp. Reports Fourth Quarter and Fiscal Year Ended 2023 Financial Results

Retrieved on: 
Thursday, March 7, 2024

MENLO PARK, Calif., March 07, 2024 (GLOBE NEWSWIRE) -- Runway Growth Finance Corp. (Nasdaq: RWAY) (“Runway Growth” or the “Company”), a leading provider of flexible capital solutions to late- and growth-stage companies seeking an alternative to raising equity, today announced its financial results for the fourth quarter and fiscal year ended December 31, 2023.

Key Points: 
  • Total operating expenses for the quarter ended December 31, 2023 were $20.9 million, compared to $18.1 million for the quarter ended December 31, 2022.
  • Net realized loss on investments was $17.2 million for the quarter ended December 31, 2023, compared to a net realized loss of $2.0 million for the quarter ended December 31, 2022.
  • During the fourth quarter of 2023, Runway Growth completed eight investments in new and existing portfolio companies, representing $154.6 million in funded loans.
  • Total portfolio investment activity for the three and twelve months ended December 31, 2023, and 2022 was as follows:
    Three Months Ended December 31,

Alimera Sciences Reports Fourth Quarter and Full Year 2023 Results

Retrieved on: 
Thursday, March 7, 2024

ATLANTA, March 07, 2024 (GLOBE NEWSWIRE) -- Alimera Sciences, Inc. (Nasdaq: ALIM) (Alimera), a global pharmaceutical company whose mission is to be invaluable to patients, physicians and partners concerned with retinal health and maintaining better vision longer, today announced financial results for the fourth quarter and full year 2023. Alimera will host a conference call today at 9:00 a.m. EDT to discuss these results.

Key Points: 
  • Alimera will host a conference call today at 9:00 a.m. EDT to discuss these results.
  • “We are proud to have achieved positive Adjusted EBITDA during the fourth quarter of 2023, while maintaining a consistent net loss compared to the fourth quarter of 2022, despite facing greater interest and amortization expenses following the YUTIQ acquisition.
  • For 2023, international net revenue increased 21% to approximately $24.0 million for 2023, compared to approximately $19.9 million in 2022.
  • All callers should dial in approximately 10 minutes prior to the scheduled start time and ask to be joined into the Alimera Sciences call.

Burlington Stores, Inc. Reports Fourth Quarter and Full Year 2023 Results

Retrieved on: 
Thursday, March 7, 2024

Michael O’Sullivan, CEO, stated, “Our performance in the fourth quarter exceeded our guidance.

Key Points: 
  • Michael O’Sullivan, CEO, stated, “Our performance in the fourth quarter exceeded our guidance.
  • Diluted weighted average shares outstanding amounted to 64.4 million during the quarter compared with 65.4 million during the fourth quarter of Fiscal 2022.
  • During the fourth quarter the Company repurchased 605,311 shares of its common stock under its share repurchase program for $103 million.
  • ET to discuss the Company’s fourth quarter and fiscal 2023 results.

OrthoPediatrics Corp. Reports Fourth Quarter and Full Year 2023 Financial Results

Retrieved on: 
Wednesday, March 6, 2024

Total revenue for the fourth quarter of 2023 was $37.6 million, a 21% increase compared to $31.0 million for the same period last year.

Key Points: 
  • Total revenue for the fourth quarter of 2023 was $37.6 million, a 21% increase compared to $31.0 million for the same period last year.
  • The increase in revenue in the fourth quarter of 2023 was driven primarily by growth across Trauma and Deformity, Scoliosis, and OPSB.
  • In the fourth quarter of 2023, we realized an immaterial fair value adjustment benefit compared to a $0.5 million benefit for the fourth quarter of 2022.
  • Adjusted EBITDA for the fourth quarter of 2023 was $1.3 million as compared to a loss of $2.2 million for the fourth quarter of 2022.