MUX

EQS-News: Third acquisition in 2024: Mutares has signed an agreement to acquire Eltel Networks Energetyka S.A. and Eltel Networks Engineering S.A. from Eltel AB

Retrieved on: 
Wednesday, April 10, 2024

Third acquisition in 2024: Mutares has signed an agreement to acquire Eltel Networks Energetyka S.A. and Eltel Networks Engineering S.A. from Eltel AB

Key Points: 
  • Third acquisition in 2024: Mutares has signed an agreement to acquire Eltel Networks Energetyka S.A. and Eltel Networks Engineering S.A. from Eltel AB
    The issuer is solely responsible for the content of this announcement.
  • Third acquisition in 2024: Mutares has signed an agreement to acquire Eltel Networks Energetyka S.A. and Eltel Networks Engineering S.A. from Eltel AB
    Munich, April 10, 2024 – Mutares SE & Co. KGaA (ISIN: DE000A2NB650) has signed an agreement to acquire Eltel Networks Energetyka S.A. and Eltel Networks Engineering S.A. from Eltel AB.
  • In business since 1961 and 1949 respectively, Eltel Networks Energetyka S.A. and Eltel Networks Engineering S.A. are among the leading providers of electrical power engineering services in Poland with revenues of approx.
  • Robin Laik, CEO of Mutares, comments: "With the acquisition of Eltel Networks Energetyka and Eltel Networks Engineering, we are signing our first transaction in Poland strengthening our Goods & Services segment in the field of electrical power engineering & construction services.

EQS-News: Second acquisition in 2024: Mutares has signed an agreement for the transfer of Magirus from Iveco Group

Retrieved on: 
Wednesday, April 10, 2024

Munich, March 13, 2024 – Mutares SE & Co. KGaA (ISIN: DE000A2NB650) has signed an agreement for the transfer of Magirus from Iveco Group (EXM: IVG).

Key Points: 
  • Munich, March 13, 2024 – Mutares SE & Co. KGaA (ISIN: DE000A2NB650) has signed an agreement for the transfer of Magirus from Iveco Group (EXM: IVG).
  • Due to the required unbundling measures, the transaction is expected to be completed no later than January 2025.
  • Mark Friedrich, CFO of Mutares, comments on the transaction: “Magirus is a typical Mutares acquisition where the company stands for a reputed brand with high quality and represents a compelling value proposition.
  • As the portfolio grows, so do consulting revenues, which together with portfolio dividends and exit proceeds accrue to the Mutares Holding.

EQS-News: Mutares with successful fiscal year 2023: Net income of Mutares Holding increases to EUR 102.5 million – dividend of EUR 2.25 per share planned

Retrieved on: 
Wednesday, April 10, 2024

Mutares with successful fiscal year 2023: Net income of Mutares Holding increases to EUR 102.5 million – dividend of EUR 2.25 per share planned

Key Points: 
  • Mutares with successful fiscal year 2023: Net income of Mutares Holding increases to EUR 102.5 million – dividend of EUR 2.25 per share planned
    The issuer is solely responsible for the content of this announcement.
  • The net income of Mutares Holding for the fiscal year 2023 increased to EUR 102.5 million, compared with EUR 72.9 million in the previous year.
  • The Mutares Group generated revenues of EUR 4,689.1 million in the fiscal year 2023 (previous year: EUR 3,751.7 million).
  • Accordingly, net income in the Holding Company is expected to be in the range of EUR 125 million to EUR 150 million for the fiscal year 2025 and EUR 200 million for the fiscal year 2028.

Kratos Demonstrates XQ-58A Electronic Warfare Capabilities for United States Marine Corps

Retrieved on: 
Tuesday, April 2, 2024

The demonstration completes the first phase of the United States Marine Corps’ Penetrating Affordable Autonomous Collaborative Killer – Portfolio (PAACK-P) program.

Key Points: 
  • The demonstration completes the first phase of the United States Marine Corps’ Penetrating Affordable Autonomous Collaborative Killer – Portfolio (PAACK-P) program.
  • Flight test support was provided by the 40th Flight Test Squadron, 96th Test Wing.
  • Flying since 2019, the Kratos XQ-58A Valkyrie is a high-performance, runway-independent tactical UAV capable of long-range flights at high-subsonic speeds.
  • “MUX TACAIR promises to increase the lethality and survivability of our current crewed platforms,” said Lt. Col. Bradley Buick, Cunningham Group Capabilities, Research, and Integration Officer.

EQS-News: Mutares has successfully completed the acquisition of Temakinho from Cigierre S.p.A., controlled by BC Partners

Retrieved on: 
Wednesday, March 13, 2024

Mutares has successfully completed the acquisition of Temakinho from Cigierre S.p.A., controlled by BC Partners

Key Points: 
  • Mutares has successfully completed the acquisition of Temakinho from Cigierre S.p.A., controlled by BC Partners
    The issuer is solely responsible for the content of this announcement.
  • Mutares has successfully completed the acquisition of Temakinho from Cigierre S.p.A., controlled by BC Partners
    Munich, March 1, 2024 – Mutares SE & Co. KGaA (ISIN: DE000A2NB650) has successfully completed the acquisition of Temakinho S.r.l.
  • ("Temakinho") from Cigierre – Compagnia Generale Ristorazione S.p.A. ("Cigierre"), owned by funds advised by BC Partners.
  • Temakinho has access to a central kitchen near Milan, where selected ingredients are processed and semi-finished products are temporarily stored and then delivered.

EQS-News: Mutares has successfully sold its portfolio company Frigoscandia to Dachser

Retrieved on: 
Wednesday, March 13, 2024

Munich, March 4, 2024 – Mutares SE & Co. KGaA (ISIN: DE000A2NB650) has successfully sold its portfolio company Frigoscandia to Dachser, a global leader in groupage logistics.

Key Points: 
  • Munich, March 4, 2024 – Mutares SE & Co. KGaA (ISIN: DE000A2NB650) has successfully sold its portfolio company Frigoscandia to Dachser, a global leader in groupage logistics.
  • Headquartered in Helsingborg, Sweden, Frigoscandia is a full-service provider of temperature-controlled logistics in the Nordic market.
  • With around 1,300 people the company generated more than EUR 300 million in revenues in 2023.
  • As the portfolio grows, so do consulting revenues, which together with portfolio dividends and exit proceeds accrue to the Mutares Holding.

McEwen Mining 2023 Results Conference Call

Retrieved on: 
Wednesday, February 28, 2024

TORONTO, Feb. 28, 2024 (GLOBE NEWSWIRE) -- McEwen Mining Inc. (NYSE: MUX) (TSX: MUX) invites you to join our conference call following the release of our Q4 and year-end 2023 financials results on Friday, March 1st, 2024 at 10:00 AM EST, where management will discuss our financial results and project developments and follow with a question-and-answer session.

Key Points: 
  • TORONTO, Feb. 28, 2024 (GLOBE NEWSWIRE) -- McEwen Mining Inc. (NYSE: MUX) (TSX: MUX) invites you to join our conference call following the release of our Q4 and year-end 2023 financials results on Friday, March 1st, 2024 at 10:00 AM EST, where management will discuss our financial results and project developments and follow with a question-and-answer session.
  • Questions can be asked directly by participants over the phone during the webcast.
  • Toll Free Dial-In North America:

McEwen Copper Reports Improved Copper Recovery

Retrieved on: 
Thursday, February 22, 2024

The test results were produced utilizing conventional bio-heap leaching technology and generated an average copper recovery of 76.0%.

Key Points: 
  • The test results were produced utilizing conventional bio-heap leaching technology and generated an average copper recovery of 76.0%.
  • The recovery results for the residual copper (CuRES) component shown in Figure 2 indicated an average recovery of 25%, an increase of 10% from the 15% preliminary recovery assumption used in the PEA.
  • The additional residual copper recovery when applied to the entire resource increases the overall average recovery from 72.8% to 76.0%.
  • Figure 3 below illustrates the increase in potential copper production throughout the mine life, attributable to the improved recovery, in comparison with the PEA assumptions.

EQS-News: First acquisition in 2024: Mutares has signed an agreement to acquire Temakinho from Cigierre S.p.A., controlled by BC Partners

Retrieved on: 
Friday, February 16, 2024

First acquisition in 2024: Mutares has signed an agreement to acquire Temakinho from Cigierre S.p.A., controlled by BC Partners

Key Points: 
  • First acquisition in 2024: Mutares has signed an agreement to acquire Temakinho from Cigierre S.p.A., controlled by BC Partners
    The issuer is solely responsible for the content of this announcement.
  • First acquisition in 2024: Mutares has signed an agreement to acquire Temakinho from Cigierre S.p.A., controlled by BC Partners
    Munich, February 16, 2024 – Mutares SE & Co. KGaA (ISIN: DE000A2NB650) has signed an agreement to acquire Temakinho S.r.l.
  • ("Temakinho") from Cigierre – Compagnia Generale Ristorazione S.p.A. ("Cigierre"), owned by funds advised by BC Partners.
  • Founded in 2012 and headquartered in Milan, Temakinho has been the Italian pioneer offering premium Japanese-Brazilian sushi, meat cuisine and drinks.

Parade Technologies Reports Fourth Quarter and Fiscal 2023 Financial Results

Retrieved on: 
Wednesday, February 7, 2024

Parade Technologies, Ltd. (Taipei Exchange: 4966.TWO), a leading high-speed interface IC supplier, today announced financial results for the fourth fiscal quarter and fiscal year 2023 ended December 31, 2023, and provided guidance for the first quarter of fiscal year 2024.

Key Points: 
  • Parade Technologies, Ltd. (Taipei Exchange: 4966.TWO), a leading high-speed interface IC supplier, today announced financial results for the fourth fiscal quarter and fiscal year 2023 ended December 31, 2023, and provided guidance for the first quarter of fiscal year 2024.
  • In US dollars, the fourth quarter of 2023 consolidated revenue increased 2.71% sequentially and was up 18.41% year-over-year.
  • The gross profit in the fourth quarter of 2023 was US$51.91 million, representing an increase of 1.44% from the previous quarter and an increase of 16.19% compared to the same quarter of last year.
  • The financial figures detailed above for the fourth quarter of 2023 and for the year ended December 31, 2023 have not been audited or reviewed by independent accountants.