SOUTH AMERICA

EQS-News: Kapsch TrafficCom AG: Result for the first three quarters of 2023/24.

Retrieved on: 
Wednesday, March 13, 2024

"Andreas Hämmerle has contributed to maneuvering Kapsch TrafficCom out of a challenging situation into calmer waters and to steering the company towards the future.

Key Points: 
  • "Andreas Hämmerle has contributed to maneuvering Kapsch TrafficCom out of a challenging situation into calmer waters and to steering the company towards the future.
  • I would like to thank Andreas Hämmerle for his great personal commitment to Kapsch TrafficCom and wish him all the very best," said Franz Semmernegg, Chairman of the Supervisory Board.
  • In operational terms, Kapsch TrafficCom successfully continued to develop existing projects and transitioned several implementation projects into operation.
  • The operating result (EBIT) increased from EUR 10 million in the same period of the previous year to EUR 70 million.

EQS-News: FUCHS concludes financial year 2023 with new record highs

Retrieved on: 
Wednesday, March 13, 2024

„2023 was a very successful year for FUCHS, with new record highs for sales revenues, EBIT and free cash flow.

Key Points: 
  • „2023 was a very successful year for FUCHS, with new record highs for sales revenues, EBIT and free cash flow.
  • With the construction of a new plant in Vietnam, the path is set for expansion in another Asian growth market.
  • A total of up to 8 million shares with a total price of up to EUR 280 million are to be acquired.
  • In all three cases, we were able to excel due to the combination of global support, technological excellence and a motivated on-site FUCHS team.

EQS-News: BVB has qualified for FIFA Club World Cup 2025

Retrieved on: 
Wednesday, March 13, 2024

It has been clear since Wednesday late evening that Borussia Dortmund has qualified for the FIFA Club World Cup.

Key Points: 
  • It has been clear since Wednesday late evening that Borussia Dortmund has qualified for the FIFA Club World Cup.
  • The tournament will be held for the first time in a new format with 32 clubs in the summer 2025 and will take place in the USA from June 15 to July 13, 2025.
  • Each national association may send a maximum of two participants, unless the number of Champions League winners in this period is higher.
  • The last starting place will go to a club from the host country, the USA.

Talya Group Embarks on Global Expansion Under the Leadership of CEO Hanen Benabdeladhim

Retrieved on: 
Friday, February 23, 2024

Dubai, United Arab Emirates--(Newsfile Corp. - February 23, 2024) - Talya Group , a prominent conglomerate headquartered in Dubai, is poised for a significant global expansion, led by the visionary CEO Hanen Benabdeladhim .

Key Points: 
  • Dubai, United Arab Emirates--(Newsfile Corp. - February 23, 2024) - Talya Group , a prominent conglomerate headquartered in Dubai, is poised for a significant global expansion, led by the visionary CEO Hanen Benabdeladhim .
  • Hanen Benabdeladhim with CEO of Fonds Souverain de Djibouti, Slim Feriani
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    Under the astute leadership of Hanen Benabdeladhim, Talya Group has flourished in the international market, establishing itself as a formidable player in various sectors.
  • Talya Group's global expansion is not just a testament to its business success but also a reflection of Hanen Benabdeladhim's commitment to fostering international partnerships and promoting cross-border collaboration.
  • With a clear vision for the future and a robust plan for growth, Talya Group, under Hanen Benabdeladhim's leadership, is well on its way to becoming a global powerhouse, setting new benchmarks for excellence in every endeavor.

NEC and Sumitomo Corporation Sign Strategic Partnership Agreement to Expand Global Sales of the CropScope Agricultural ICT Platform

Retrieved on: 
Monday, March 4, 2024

TOKYO, Mar 4, 2024 - (ACN Newswire) - NEC Corporation (TSE: 6701) and Sumitomo Corporation (Sumitomo) have signed a strategic partnership agreement to expand global sales of NEC's agricultural ICT platform CropScope.

Key Points: 
  • TOKYO, Mar 4, 2024 - (ACN Newswire) - NEC Corporation (TSE: 6701) and Sumitomo Corporation (Sumitomo) have signed a strategic partnership agreement to expand global sales of NEC's agricultural ICT platform CropScope.
  • Based on this partnership, NEC and Sumitomo aim to develop markets mainly in South America and the ASEAN region by utilizing Sumitomo's global network.
  • Through this partnership, CropScope is initially being introduced on a trial basis to major sugar companies in Thailand and Brazil.
  • Through this partnership, Sumitomo will utilize its global network to expand CropScope's sales area to Thailand, Brazil, and India, aiming for business growth.

HKTDC welcomes Hong Kong SAR's 2024-25 budget

Retrieved on: 
Wednesday, February 28, 2024

HONG KONG, Feb 28, 2024 - (ACN Newswire) - The Hong Kong Trade Development Council (HKTDC) welcomes the Hong Kong Special Administrative Region (HKSAR) 2024-25 budget.

Key Points: 
  • HONG KONG, Feb 28, 2024 - (ACN Newswire) - The Hong Kong Trade Development Council (HKTDC) welcomes the Hong Kong Special Administrative Region (HKSAR) 2024-25 budget.
  • The budget introduces a number of measures to boost Hong Kong's economic growth and promote the continued development of SMEs and start-ups.
  • HKTDC Chairman Dr Peter K N Lam said: "At the HKTDC, our mission is to support SMEs and provide them with opportunities to grow and transform.
  • This year, we will set up two additional consultant offices along the Belt and Road to connect Hong Kong businesses with arising opportunities.

Volaris Reports February 2024 Traffic Results: 86% Load Factor

Retrieved on: 
Wednesday, March 6, 2024

de C.V. (NYSE: VLRS and BMV: VOLAR) (“Volaris” or “the Company”), the ultra-low-cost carrier (ULCC) serving Mexico, the United States, Central, and South America, reports its February 2024 preliminary traffic results.

Key Points: 
  • de C.V. (NYSE: VLRS and BMV: VOLAR) (“Volaris” or “the Company”), the ultra-low-cost carrier (ULCC) serving Mexico, the United States, Central, and South America, reports its February 2024 preliminary traffic results.
  • In February 2024, Volaris' ASM capacity decreased by 13.7% year-over-year due to the extraordinary Pratt & Whitney engine accelerated inspections and the resulting aircraft groundings.
  • RPMs decreased by 10.9%, resulting in a load factor increase of 2.8 pp YoY to 85.9%.
  • Moreover, a robust load factor was achieved in February, exceeding the average for such a low-season month.

Seasoned Investment Banker Dan McClory Acquires Majority Stake in Brera Holdings

Retrieved on: 
Thursday, March 7, 2024

DUBLIN, Ireland and MILAN, Italy, March 06, 2024 (GLOBE NEWSWIRE) -- Brera Holdings PLC (“Brera Holdings”, “Brera” or the “Company”) (Nasdaq: BREA ) announces today that its Executive Chairman, Daniel J. McClory, an experienced figure in the investment banking world, has acquired a majority stake in Brera Holdings, the first publicly-traded multi-club ownership (“MCO”) company in global football (American soccer).

Key Points: 
  • DUBLIN, Ireland and MILAN, Italy, March 06, 2024 (GLOBE NEWSWIRE) -- Brera Holdings PLC (“Brera Holdings”, “Brera” or the “Company”) (Nasdaq: BREA ) announces today that its Executive Chairman, Daniel J. McClory, an experienced figure in the investment banking world, has acquired a majority stake in Brera Holdings, the first publicly-traded multi-club ownership (“MCO”) company in global football (American soccer).
  • Mr. McClory has extensive experience founding and financing growth companies and executing equity capital markets and merger & acquisition transactions.
  • Dan's principal and advisory deals have spanned North and South America, Europe, Africa and Asia.
  • Together, we look forward to a future defined by growth, sustained innovation, and global reach, empowered by the trust and leadership of Mr. McClory and our all-star Advisory Board.”

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.

Chijet Motor Company, Inc.’s Subsidiary FAW Jilin Breaks Ground in South America with Export of 100 Senia R7 Taxis to Colombia

Retrieved on: 
Wednesday, March 6, 2024

With a focus on sustainable transportation solutions, FAW Jilin aims to enhance its export activities, with projections indicating a notable increase in exports for 2024.

Key Points: 
  • With a focus on sustainable transportation solutions, FAW Jilin aims to enhance its export activities, with projections indicating a notable increase in exports for 2024.
  • Exporting whole cars to South America demonstrates Chijet's commitment to enter into new markets.
  • “We are thrilled to announce the successful export of our Senia R7 taxis to Colombia, South America.
  • The export of our Senia R7 Taxis to Colombia marks an important moment in our company's journey and underscores our commitment to driving sustainable mobility solutions on a global scale.