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Algoma Resumes Normal Steel Production

Retrieved on: 
Wednesday, February 14, 2024

MARIE, Ontario, Feb. 14, 2024 (GLOBE NEWSWIRE) -- Algoma Steel Group Inc. (NASDAQ: ASTL; TSX: ASTL) (“Algoma” or “the Company”), a leading Canadian producer of hot and cold rolled steel sheet and plate products, today advised the repair and restart of its blast furnace is complete and steel production resumed on Sunday, February 11, 2024.

Key Points: 
  • MARIE, Ontario, Feb. 14, 2024 (GLOBE NEWSWIRE) -- Algoma Steel Group Inc. (NASDAQ: ASTL; TSX: ASTL) (“Algoma” or “the Company”), a leading Canadian producer of hot and cold rolled steel sheet and plate products, today advised the repair and restart of its blast furnace is complete and steel production resumed on Sunday, February 11, 2024.
  • Algoma has strengthened its operations while advancing essential repair work required after a structure supporting utilities piping at Algoma’s coke-making plant collapsed on January 20, 2024.
  • Algoma remains focused on completing necessary utilities corridor repairs safely and efficiently while increasing coke-making capacity and rebuilding inventory levels.
  • The Company will continue to assess supplementing its coke supplies with market purchases to balance its requirement for iron production.

Stora Enso partners with IUCN to advance positive impacts on biodiversity

Retrieved on: 
Tuesday, February 13, 2024

HELSINKI, Feb. 13, 2024 /PRNewswire/ -- Stora Enso has, as a forest industry forerunner, developed a science-based framework to verify net positive impact on biodiversity. Through combining science, technology and data, the framework enables forecasting of biodiversity impact, which allows operations to be adapted towards a net positive goal. The partnership with the International Union for Conservation of Nature (IUCN) will provide external expert insights for further development and validation of the framework. Stora Enso's sustainability strategy focuses on climate change, biodiversity, and circularity, and the Company's biodiversity goal is to have a net positive impact within its own forests and plantations through active management. IUCN is the leading non-profit nature conservation organisation globally, supporting companies with nature-positive tools and practices to reverse biodiversity loss. Stora Enso's partnership with IUCN focuses on developing a framework to measure and disclose net positive biodiversity impact."The world is facing a great sense of urgency to halt biodiversity loss and the forest sector has a central role in making this happen. True to our sustainability leadership ambition, we want to accelerate the pace of change through global collaboration and shared goals. Our new partnership with IUCN is an opportunity to implement new ways of working that will help guide our commitment towards a net positive biodiversity impact," says Hans Sohlström, President and CEO, Stora Enso."IUCN's collaboration with Stora Enso aims to help the forestry sector as a whole more actively manage biodiversity – reducing threats to species, and conserving and restoring ecosystems. This partnership will bring valuable insights that can help shape our evolving approach to measuring 'nature positive', providing a credible framework to help companies track and monitor their contributions. Together, we look forward to inspiring change throughout the forestry sector and thus deliver concrete outcomes for biodiversity," says Dr Grethel Aguilar, Director General, IUCN.Stora Enso will pilot the framework in its own forests in Sweden to develop the framework further and align it with other leading organisations going forward. The complete framework is expected to be launched during autumn 2025. Stora Enso's own forest assets include 1.4 million hectares of land in Sweden, joint-venture plantations in South America, and 41% ownership of Tornator that has forest assets mainly in Finland. In addition to in-house wood supply, Stora Enso sources wood from private forest owners in the Nordics and central Europe. For further information, please contact: Carl Norell SVP Corporate CommunicationsTel. +46 72 241 0349Investor enquiries: Anna-Lena Åström SVP Investor Relations Tel. +46 70 210 7691

Key Points: 
  • HELSINKI, Feb. 13, 2024 /PRNewswire/ -- Stora Enso has, as a forest industry forerunner, developed a science-based framework to verify net positive impact on biodiversity.
  • Stora Enso's sustainability strategy focuses on climate change, biodiversity, and circularity, and the Company's biodiversity goal is to have a net positive impact within its own forests and plantations through active management.
  • IUCN is the leading non-profit nature conservation organisation globally, supporting companies with nature-positive tools and practices to reverse biodiversity loss.
  • Stora Enso's partnership with IUCN focuses on developing a framework to measure and disclose net positive biodiversity impact.

Stora Enso publishes its Annual Report 2023

Retrieved on: 
Tuesday, February 13, 2024

HELSINKI, Feb. 13, 2024 /PRNewswire/ -- Stora Enso's Annual Report 2023 is published today at storaenso.com/annualreport. The report includes a strategy review, sustainability reporting, corporate governance, remuneration report and financial report.

Key Points: 
  • HELSINKI, Feb. 13, 2024 /PRNewswire/ -- Stora Enso's Annual Report 2023 is published today at storaenso.com/annualreport .
  • The report includes a strategy review, sustainability reporting, corporate governance, remuneration report and financial report.
  • Stora Enso publishes its annual financial statements in accordance with the European Single Electronic Format (ESEF) reporting requirements.
  • Stora Enso has approximately 20,000 employees and Group sales in 2023 of EUR 9.4 billion.

Stora Enso publishes its Annual Report 2023

Retrieved on: 
Tuesday, February 13, 2024

HELSINKI, Feb. 13, 2024 /PRNewswire/ -- Stora Enso's Annual Report 2023 is published today at storaenso.com/annualreport. The report includes a strategy review, sustainability reporting, corporate governance, remuneration report and financial report.

Key Points: 
  • HELSINKI, Feb. 13, 2024 /PRNewswire/ -- Stora Enso's Annual Report 2023 is published today at storaenso.com/annualreport .
  • The report includes a strategy review, sustainability reporting, corporate governance, remuneration report and financial report.
  • Stora Enso publishes its annual financial statements in accordance with the European Single Electronic Format (ESEF) reporting requirements.
  • Stora Enso has approximately 20,000 employees and Group sales in 2023 of EUR 9.4 billion.

Algoma Addresses Casthouse Incident

Retrieved on: 
Friday, February 9, 2024

MARIE, Ontario, Feb. 09, 2024 (GLOBE NEWSWIRE) -- Algoma Steel Group Inc. (NASDAQ: ASTL; TSX: ASTL) (“Algoma” or “the Company”), a leading Canadian producer of hot and cold rolled steel sheet and plate products, today advised that at approximately 10:00 pm on Wednesday, February 7 there was an incident at the north casthouse of the blast furnace complex where the Company believes slag made contact with moisture in the hot iron trough.

Key Points: 
  • MARIE, Ontario, Feb. 09, 2024 (GLOBE NEWSWIRE) -- Algoma Steel Group Inc. (NASDAQ: ASTL; TSX: ASTL) (“Algoma” or “the Company”), a leading Canadian producer of hot and cold rolled steel sheet and plate products, today advised that at approximately 10:00 pm on Wednesday, February 7 there was an incident at the north casthouse of the blast furnace complex where the Company believes slag made contact with moisture in the hot iron trough.
  • Twelve workers were impacted by the incident and five were treated at Sault Area Hospital.
  • As previously disclosed, Algoma experienced issues at the blast furnace as an unexpected consequence of an incident on Saturday, January 20 when a structure supporting utilities piping collapsed.
  • The Company continues to advance on-site repair work as well as a comprehensive investigation into the January 20 incident.

STERIS Announces Financial Results for Fiscal 2024 Third Quarter

Retrieved on: 
Wednesday, February 7, 2024

Third quarter revenue increases 15% as reported; 10% constant currency organic

Key Points: 
  • Third quarter revenue increases 15% as reported; 10% constant currency organic
    As reported diluted earnings per share increased to $1.42; adjusted earnings per share increased to $2.22
    DUBLIN, IRELAND, Feb. 07, 2024 (GLOBE NEWSWIRE) -- STERIS plc (NYSE: STE) (“STERIS” or the “Company”) today announced financial results for its fiscal 2024 third quarter ended December 31, 2023.
  • Constant currency organic revenue (see Non-GAAP Financial Measures) increased 10% for the third quarter of fiscal 2024 as compared to the third quarter of fiscal 2023.
  • Healthcare revenue as reported grew 19% in the quarter to $916.2 million compared with $769.1 million in the third quarter of fiscal 2023.
  • Reflecting lower volume, operating income was $18.3 million in the third quarter of fiscal 2024 compared with $20.3 million in the prior year’s third quarter.

Algoma Steel Group Reports Fiscal Third Quarter 2024 Financial Results

Retrieved on: 
Tuesday, February 6, 2024

SAULT STE. MARIE, Ontario, Feb. 06, 2024 (GLOBE NEWSWIRE) -- Algoma Steel Group Inc. (NASDAQ: ASTL; TSX: ASTL) (“Algoma” or “the Company”), a leading Canadian producer of hot and cold rolled steel sheet and plate products, today announced results for its fiscal third quarter ended December 31, 2023.

Key Points: 
  • MARIE, Ontario, Feb. 06, 2024 (GLOBE NEWSWIRE) -- Algoma Steel Group Inc. (NASDAQ: ASTL; TSX: ASTL) (“Algoma” or “the Company”), a leading Canadian producer of hot and cold rolled steel sheet and plate products, today announced results for its fiscal third quarter ended December 31, 2023.
  • As compared with the prior year quarter, steel revenue was $556.9 million, compared to $512.0 million, and revenue per ton of steel sold was $1,192, compared to $1,239.
  • Net loss in the third quarter was $84.8 million, compared to a loss of $69.8 million in the prior-year quarter.
  • We compensate for these limitations by relying primarily on our IFRS results using such measures only as supplements to such results.

Palm Primary Care Begins 2024 With Addition of Two New Medical Centers in Tarrant County, Texas

Retrieved on: 
Monday, February 5, 2024

Palm Primary Care Texas (“Palm”), part of the MBF Healthcare Partners II, L.P. (“MBF”) portfolio and Florida-based Palm Medical Centers , announces the opening of two new primary care medical practices in Tarrant County.

Key Points: 
  • Palm Primary Care Texas (“Palm”), part of the MBF Healthcare Partners II, L.P. (“MBF”) portfolio and Florida-based Palm Medical Centers , announces the opening of two new primary care medical practices in Tarrant County.
  • With these new locations, Palm now proudly operates four clinics in North Texas, with several additional locations scheduled to open before summer 2024.
  • Palm’s Texas launch in June 2023 was marked by the opening of two primary care clinics in Fort Worth.
  • Keep up with the latest happenings with Palm Medical Centers on Facebook and LinkedIn .

STERIS Announces Dividend of $0.52 per share

Retrieved on: 
Tuesday, January 30, 2024

DUBLIN, IRELAND , Jan. 30, 2024 (GLOBE NEWSWIRE) -- STERIS plc (NYSE: STE) (“STERIS” or the “Company”) announced today that the Company will distribute a quarterly interim dividend of $0.52 per share.

Key Points: 
  • DUBLIN, IRELAND , Jan. 30, 2024 (GLOBE NEWSWIRE) -- STERIS plc (NYSE: STE) (“STERIS” or the “Company”) announced today that the Company will distribute a quarterly interim dividend of $0.52 per share.
  • The dividend is payable on March 22, 2024, to shareholders of record at the close of business on February 23, 2024.
  • Additional information about the U.S. tax treatment of dividends, including required Forms 8937, is available at www.steris-ir.com .
  • STERIS is a leading global provider of products and services that support patient care with an emphasis on infection prevention.

Notice to the Annual General Meeting of Stora Enso Oyj

Retrieved on: 
Thursday, February 1, 2024

HELSINKI, Feb. 1, 2024 /PRNewswire/ -- The Board of Directors of Stora Enso Oyj has decided to convene the Annual General Meeting to be held on Wednesday 20 March 2024. Notice to the Annual General Meeting  Notice is given to the shareholders of Stora Enso Oyj ("Stora Enso" or the "Company") to the Annual General Meeting (the "AGM") to be held on Wednesday 20 March 2024 at 4:00 p.m. Finnish time at Marina Congress Center, Katajanokanlaituri 6, FI-00160, Helsinki, Finland. The reception of persons who have registered for the meeting and the distribution of voting tickets will commence at 2:15 p.m. Finnish time at the meeting venue.   Shareholders can also exercise their voting rights by voting in advance. Instructions for advance voting are presented in this notice under section C. Instructions for the participants in the AGM.  The AGM will be conducted in the Finnish language. Simultaneous translation will be available in the meeting room into the English and, when relevant, Finnish languages.Before the AGM, at 2:45 – 3:30 p.m. Finnish time, Stora Enso's President and CEO Hans Sohlström and CFO Seppo Parvi will be available in Marina Congress Center to discuss with the shareholders. The event is not part of the AGM and will be held in Finnish with simultaneous translation into English. In connection with the event, participants can present questions to the Company's management, but the event will not be a forum for decision-making. Questions presented at the event are thus not questions referred to in Chapter 5, Section 25 of the Finnish Companies Act.

Key Points: 
  • PricewaterhouseCoopers Oy would also act as the sustainability reporting assurance provider of the Company until the end of the Company's next Annual General Meeting.
  • The personal data provided to Stora Enso Oyj will be used only in connection with the AGM and with the processing of related registrations.
  • Request temporary registration in the shareholders' register of Stora Enso Oyj maintained by Euroclear Finland Oy.
  • Stora Enso shares are listed on Nasdaq Helsinki Oy (STEAV, STERV) and Nasdaq Stockholm AB (STE A, STE R).