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Pyxus International Achieves CDP Climate Change Leadership Status

Retrieved on: 
Thursday, February 15, 2024

MORRISVILLE, N.C., Feb. 15, 2024 /PRNewswire/ -- Pyxus International, Inc. (OTC Pink: PYYX), a global value-added agricultural company, has been recognized as a leader in climate change transparency and performance by the environmental non-profit CDP. CDP ranked Pyxus among the top tier of responding companies in the climate change category, earning the business "Leadership" status, the highest level of achievement.

Key Points: 
  • – Climate change score higher than industry, North America and global averages –
    MORRISVILLE, N.C., Feb. 15, 2024 /PRNewswire/ -- Pyxus International, Inc. (OTC Pink: PYYX), a global value-added agricultural company, has been recognized as a leader in climate change transparency and performance by the environmental non-profit CDP.
  • CDP ranked Pyxus among the top tier of responding companies in the climate change category, earning the business "Leadership" status, the highest level of achievement.
  • "Achieving CDP's Leadership status is a testament to our global teams' hard work, ingenuity and commitment to growing a better world," said Pyxus President and CEO Pieter Sikkel.
  • Pyxus began reporting its greenhouse gas emissions to CDP in 2009, its water data in 2014 and its forestry data in 2020.

Pyxus International, Inc. Reports Strong Third Quarter and Year-to-Date Fiscal 2024 Results

Retrieved on: 
Wednesday, February 14, 2024

MORRISVILLE, N.C., Feb. 14, 2024 /PRNewswire/ -- Pyxus International, Inc. (OTC Pink: PYYX) ("Pyxus," the "Company," "we," or "our,"), a global value-added agricultural company, today announced results for its fiscal quarter ended December 31, 2023.

Key Points: 
  • MORRISVILLE, N.C., Feb. 14, 2024 /PRNewswire/ -- Pyxus International, Inc. (OTC Pink: PYYX) ("Pyxus," the "Company," "we," or "our,"), a global value-added agricultural company, today announced results for its fiscal quarter ended December 31, 2023.
  • This success positions us to increase our full-year guidance as we remain focused on concluding an outstanding fiscal year."
  • Gross margin through the first nine months of fiscal 2024 improved to 15.6% from 13.0% compared to fiscal 2023, and was driven by a more favorable customer and regional mix.
  • Pyxus achieved a third quarter gross margin of 17.5% compared to 13.4% in the third quarter of fiscal 2023.

Pyxus International, Inc. Announces Third Quarter Fiscal Year 2024 Financial Results Earnings Call

Retrieved on: 
Wednesday, January 31, 2024

MORRISVILLE, N.C., Jan. 31, 2024 /PRNewswire/ -- Pyxus International, Inc. (OTC Pink: PYYX) ("Pyxus International" or the "Company"), a global value-added agricultural company, today announced it will release its financial results for its third quarter of fiscal year 2024 on Wednesday, February 14, 2024.

Key Points: 
  • MORRISVILLE, N.C., Jan. 31, 2024 /PRNewswire/ -- Pyxus International, Inc. (OTC Pink: PYYX) ("Pyxus International" or the "Company"), a global value-added agricultural company, today announced it will release its financial results for its third quarter of fiscal year 2024 on Wednesday, February 14, 2024.
  • Pyxus will hold an earnings conference call and webcast at 9 a.m. EST to discuss its financial results.
  • Prior to the event, Pyxus will issue a press release disclosing its financial results for the quarter ended December 31, 2023.
  • This information, as well as a third quarter results presentation, will be available on the Company's investor relations webpage .

Pyxus Shares Progress on ESG Targets in Fiscal Year 2023 Sustainability Report

Retrieved on: 
Tuesday, December 12, 2023

MORRISVILLE, N.C., Dec. 12, 2023 /PRNewswire/ -- Pyxus International, Inc. (OTC Pink: PYYX), a global value-added agricultural company, today published its Fiscal Year 2023 Sustainability Report, detailing the Company's progress toward its global environmental, social and governance (ESG) targets, contributions to the United Nations Sustainable Development Goals (UN SDGs) and the measurable impacts of its sustainability initiatives around the globe.

Key Points: 
  • MORRISVILLE, N.C., Dec. 12, 2023 /PRNewswire/ -- Pyxus International, Inc. (OTC Pink: PYYX), a global value-added agricultural company, today published its Fiscal Year 2023 Sustainability Report , detailing the Company's progress toward its global environmental, social and governance (ESG) targets, contributions to the United Nations Sustainable Development Goals (UN SDGs) and the measurable impacts of its sustainability initiatives around the globe.
  • "Fiscal year 2023 marked our 150th year of business, a significant milestone that highlights the strength and sustainability of our Company," said Pyxus President and CEO Pieter Sikkel.
  • Surpassing its global target to reduce total water withdrawal by 10 percent by 2030, achieving a reduction of 12.87 percent.
  • Pyxus' FY23 Sustainability Report was prepared with reference to Global Reporting Initiative (GRI) Standards and outlines the Company's performance during the period between April 1, 2022, and March 31, 2023.

Pyxus International, Inc. Reports Fiscal Year 2024 Second Quarter Results with Strong Top and Bottom Line Results

Retrieved on: 
Tuesday, November 14, 2023

MORRISVILLE, N.C., Nov. 14, 2023 /PRNewswire/ -- Pyxus International, Inc. (OTC Pink: PYYX) ("Pyxus," the "Company," "we," or "our"), a global value-added agricultural company, today announced results for its fiscal quarter ended September 30, 2023.

Key Points: 
  • Pieter Sikkel, Pyxus' President and Chief Executive Officer, stated, "The momentum we built during the first quarter continued in the second quarter.
  • Second quarter sales and other operating revenues grew by 22.8% to $624.3 million, an increase of $116.0 million over the second quarter of fiscal 2023.
  • Pyxus achieved a gross margin of 14.2% of revenues, which represents a full percentage point of increased profitability over the year-ago second quarter.
  • The Company increased second quarter operating income to $46.3 million as compared to $27.1 million in the prior year's second quarter.

Pyxus International, Inc. Announces Second Quarter Fiscal Year 2024 Financial Results Earnings Call

Retrieved on: 
Wednesday, November 1, 2023

MORRISVILLE, N.C., Nov. 1, 2023 /PRNewswire/ -- Pyxus International, Inc. (OTC Pink: PYYX) ("Pyxus International" or the "Company"), a global value-added agricultural company, today announced it will release its financial results for its second quarter of fiscal year 2024 on Tuesday, November 14, 2023.

Key Points: 
  • MORRISVILLE, N.C., Nov. 1, 2023 /PRNewswire/ -- Pyxus International, Inc. (OTC Pink: PYYX) ("Pyxus International" or the "Company"), a global value-added agricultural company, today announced it will release its financial results for its second quarter of fiscal year 2024 on Tuesday, November 14, 2023.
  • Pyxus will hold an earnings conference call and webcast at 9 a.m. EST to discuss its financial results.
  • Prior to the event, Pyxus will issue a press release disclosing its financial results for the quarter ended September 30, 2023.
  • This information, as well as a second quarter results presentation, will be available on the Company's investor relations webpage .

Pyxus International Announces Organizational Changes to Advance Strategic Priorities

Retrieved on: 
Tuesday, September 12, 2023

MORRISVILLE, N.C., Sept. 12, 2023 /PRNewswire/ -- Pyxus International, Inc. (OTC Pink: PYYX), a global value-added agricultural company, today announced a new, streamlined organizational structure designed to increase operational efficiencies, drive organizational effectiveness and create stakeholder value.

Key Points: 
  • MORRISVILLE, N.C., Sept. 12, 2023 /PRNewswire/ -- Pyxus International, Inc. (OTC Pink: PYYX), a global value-added agricultural company, today announced a new, streamlined organizational structure designed to increase operational efficiencies, drive organizational effectiveness and create stakeholder value.
  • Additionally, the organizational structure changes align with Herbert Weatherford, Alliance One Senior Vice President, Business Relationship Manager's intent to retire in March 2024 after 34 years of service.
  • "In line with one of Pyxus' key themes for fiscal year 2024 – simplification – our updated organizational structure connects our core business functions with our strategic priorities to drive accountability and operational results while reducing unnecessary or burdensome complexities," said Pyxus President and CEO Pieter Sikkel.
  • Pyxus has appointed Scott Burmeister to the newly created position of Executive Vice President, Chief Operating Officer.

Pyxus International, USAID Partner to Unlock Farmer Value in Malawi

Retrieved on: 
Monday, September 11, 2023

MORRISVILLE, N.C., Sept. 11, 2023 /PRNewswire/ -- Pyxus International, Inc. (OTC Pink: PYYX), a global value-added agricultural company, announced a new partnership between its subsidiary Pyxus Agriculture Limited (Malawi) (PAM) and the U.S. Agency for International Development (USAID).

Key Points: 
  • MORRISVILLE, N.C., Sept. 11, 2023 /PRNewswire/ -- Pyxus International, Inc. (OTC Pink: PYYX), a global value-added agricultural company, announced a new partnership between its subsidiary Pyxus Agriculture Limited (Malawi) (PAM) and the U.S. Agency for International Development (USAID).
  • The partnership launched Sept. 7, 2023, during a signing ceremony at PAM's state-of-the-art groundnut processing facility in Lilongwe, Malawi.
  • "Pyxus is honored to receive this $14.6 million award from USAID, which helps our company to further build capacity, expand impact throughout the legume and forestry value chains, and unlock value for Malawi and its farmers," added Sikkel.
  • Increase farmer access to high-quality crop inputs and hands-on training of good agricultural practices while simultaneously working to diversify PAM's contracted farmer base.

Pyxus International, Inc. Reports Fiscal Year 2024 First Quarter Results

Retrieved on: 
Thursday, August 10, 2023

MORRISVILLE, N.C., Aug. 10, 2023 /PRNewswire/ -- Pyxus International, Inc. (OTC Pink: PYYX) ("Pyxus," the "Company," "we," or "our"), a global value-added agricultural company, today announced results for its fiscal quarter ended June 30, 2023.

Key Points: 
  • The Company will hold a conference call to report financial results for the period ended June 30, 2023, on August 10, 2023 at 9:00 A.M.
  • The dial in number for the call is (646) 960-0369 or (888) 350-3452 if outside the U.S., using conference ID 2624736.
  • Those seeking to listen to the call may access a live broadcast on the Pyxus website.
  • The range of Adjusted EBITDA anticipated for fiscal year ending March 31, 2024 is calculated in a manner consistent with the presentation of Adjusted EBITDA in the attached tables.

Pyxus International, Inc. Reports Fourth Quarter and Fiscal Year 2023 Results

Retrieved on: 
Tuesday, June 6, 2023

MORRISVILLE, N.C., June 6, 2023 /PRNewswire/ -- Pyxus International, Inc. (OTC Pink: PYYX) ("Pyxus," the "Company," "we," or "our"), a global value-added agricultural company, today announced results for its fourth quarter and fiscal year ended March 31, 2023.

Key Points: 
  • MORRISVILLE, N.C., June 6, 2023 /PRNewswire/ -- Pyxus International, Inc. (OTC Pink: PYYX) ("Pyxus," the "Company," "we," or "our"), a global value-added agricultural company, today announced results for its fourth quarter and fiscal year ended March 31, 2023.
  • Net loss attributable to Pyxus International, Inc. was $39.1 million, improving $43.0 million or 52.4% from the prior fiscal year.
  • For the full 2024 fiscal year, Pyxus expects sales to be between $1.9 billion and $2.1 billion and adjusted EBITDA to be between $155 million and $180 million.
  • Uncommitted inventory at year-end was $19.0 million, which reflects the short-supply and high-demand environment we operated in during fiscal 2023.