LTM

Aura Announces Strong Q1 2024 Production Results, 28% Above Q1 2023 and on track to deliver its 2024 Production Guidance

Retrieved on: 
星期一, 四月 8, 2024

At constant metal prices, production was stable compared to Q4 2023 and increased by 35% compared to Q1 2023.

Key Points: 
  • At constant metal prices, production was stable compared to Q4 2023 and increased by 35% compared to Q1 2023.
  • Total production for Q1 2024 was either at or above the Company’s expectations across all its operating mines, which positions the Company to remain on track to achieve Consolidated Production Guidance of between 244,000 – 292,000 GEO for 2024.
  • At Apoena (EPP), production was 12,105 GEO, 20% lower in Q1 2024 compared to the previous quarter and 5% below Q1 2023 due to lower grade fed in the plant and mine sequencing.
  • At Almas, production in Q1 2024 reached 11,889 GEO, marking a 24% increase compared to the previous quarter.

VEON 4Q23 trading update: Strong organic growth in revenue and EBITDA, solid execution of VEON 2.0 strategy

Retrieved on: 
星期四, 三月 21, 2024

In 4Q23, VEON continued to report growth in revenues in reported currency terms with double digit local currency top-line growth.

Key Points: 
  • In 4Q23, VEON continued to report growth in revenues in reported currency terms with double digit local currency top-line growth.
  • Total revenues reached USD 953 million, an increase of 1.4% YoY in reported currency (+17.9% YoY in local currency normalised for one-offs).
  • VEON has announced its full-year revenue guidance of 16-18% growth in local currency, EBITDA guidance of 18%-20% growth, and outlook for the Group’s capex intensity for 2024 year at 18%-19%.
  • We are pleased to guide the market for continued strong and profitable growth in 2024, maintaining our focus on financial discipline and balance sheet management.”

Spruce Point Capital Management Announces Investment Opinion: Releases Report and Strong Sell Research Opinion on WSP Global Inc. (TSX: WSP)

Retrieved on: 
星期三, 四月 3, 2024

The Company was formed when Canada’s Genivar Inc. (TSX: GNV) acquired WSP Group plc in the U.K. in 2012.

Key Points: 
  • The Company was formed when Canada’s Genivar Inc. (TSX: GNV) acquired WSP Group plc in the U.K. in 2012.
  • Ever since, WSP has been built largely as a roll-up acquiror and has acquired 22 companies totaling $4.3 billion since 2020.
  • As a reminder, our full report, along with its investment disclaimers, can be downloaded and viewed at www.SprucePointCap.com .
  • As disclosed, Spruce Point and/or its clients have a short position in WSP Global Inc. (TSX: WSP) and own derivative securities that stand to net benefit if its share price falls.

Noventiq Reports Third Quarter Fiscal 2024 Trading Update

Retrieved on: 
星期三, 四月 3, 2024

Gross profit for the nine Months ending 12/31/23 was $145.0 million, an increase of 17.8% year-over-year on a reported currency basis.

Key Points: 
  • Gross profit for the nine Months ending 12/31/23 was $145.0 million, an increase of 17.8% year-over-year on a reported currency basis.
  • Adjusted EBITDA (excluding share-based compensation) for the nine Months ending 12/31/23 was $24.9 million, an increase of 49.4% year-over-year on a reported currency basis.
  • Adjusted EBITDA (excluding share-based compensation) margin on revenue was 7.3%, which represents a 140 basis point increase year-over-year.
  • Noventiq reported broad based strength for the nine Months ending 12/31/23 with double-digit growth in IT Services and Hardware, and high single-digit growth in Software & Cloud.

Corporacion America Airports Reports Fourth Quarter and Full Year 2023 Results

Retrieved on: 
星期三, 三月 20, 2024

Delivered YoY increases across key operating metrics:

Key Points: 
  • Delivered YoY increases across key operating metrics:
    13.1% in passenger traffic to 20.7 million, reaching 99.1% of 4Q19 levels.
  • Adjusted EBITDA margin ex-IFRIC12 expanded to 92.9% from 37.4% in 4Q22, or to 41.1% when excluding the Natal positive impact.
  • Net debt to LTM Adjusted EBITDA improved to 1.4x as of December 31, 2023, from 1.6x as of September 30, 2023.
  • Commenting on the results for the quarter Mr. Martín Eurnekian, CEO of Corporación América Airports, noted: “The strong momentum experienced throughout the year continued into the fourth quarter, with passenger traffic growing 13% year-on-year and revenue growth ex-IAS29 surpassing the increase in traffic.

Arcadium Lithium Responds to Provincial Court Ruling in Argentina

Retrieved on: 
星期五, 三月 15, 2024

PHILADELPHIA and PERTH, Australia, March 15, 2024 /PRNewswire/ -- Arcadium Lithium plc (NYSE: ALTM, ASX: LTM, "Arcadium Lithium") today released the following statement in response to a recent court ruling by the Court of Justice in the Province of Catamarca.

Key Points: 
  • PHILADELPHIA and PERTH, Australia, March 15, 2024 /PRNewswire/ -- Arcadium Lithium plc (NYSE: ALTM, ASX: LTM, "Arcadium Lithium") today released the following statement in response to a recent court ruling by the Court of Justice in the Province of Catamarca.
  • The ruling temporarily halts the issuance of new environmental permits and authorizations for the Los Patos River area until the provincial government completes an environmental impact assessment that takes into consideration the cumulative impact of all projects in the area.
  • The court ruling does not impact Arcadium Lithium's existing mining operations and expansion activities at its Fenix and Sal de Vida projects.
  • All of the company's existing permits and Environmental Impact Assessments (EIAs) remain valid.

EQS-News: Iute Group reports unaudited results for 12M/2023 – Efforts to improve quality lead the quantity considerations in 2023

Retrieved on: 
星期三, 三月 13, 2024

Iute Group, a leading European personal finance group, reported today unaudited results for 12M/2023.

Key Points: 
  • Iute Group, a leading European personal finance group, reported today unaudited results for 12M/2023.
  • Our strategic endeavors were successful: Iute Group achieved growth and profit, while the focus remained heavily on modus operandi with quality being more important than quantity in 2023.
  • In this context, Macedonia unexpectedly imposed a one-off solidarity tax on national TOP100 companies, which burdened Iute Group with 1.4 million EUR in Q4 2023.
  • As progress stems from change, we are convinced that the best of Iute Group lies ahead of us as we transform," said Tarmo Sild, CEO of Iute Group.

RM plc: Extension and amendment of Banking facility

Retrieved on: 
星期三, 三月 13, 2024

RM plc, (“RM”, the “Company”), a leading global educational technology, digital learning and assessment solution provider, announces that it has reached agreement with its lenders to extend its current facility by a further year to the end of July 2026.

Key Points: 
  • RM plc, (“RM”, the “Company”), a leading global educational technology, digital learning and assessment solution provider, announces that it has reached agreement with its lenders to extend its current facility by a further year to the end of July 2026.
  • All other requirements, including the fixed and floating charge and soft liquidity covenants, remain materially unchanged under the update.
  • "I am grateful for the continuing support of our lenders and the extension to our facility and amendment to the covenant tests.
  • RM is focused on delivering a consistently high-quality digital experience, acting as a trusted consultative partner to provide solutions that deliver real impact for learners worldwide.

Quanex Building Products Announces First Quarter 2024 Results and Provides Full Year 2024 Guidance

Retrieved on: 
星期四, 三月 7, 2024

HOUSTON, March 07, 2024 (GLOBE NEWSWIRE) --  Quanex Building Products Corporation (NYSE:NX) (“Quanex” or the “Company”) today announced its results for the three months ended January 31, 2024.  

Key Points: 
  • Quanex reported a 3.3% decline in net sales for the first quarter of 2024 in its North American Fenestration segment.
  • In its North American Cabinet Components segment, Quanex reported a decline of 21.1% in net sales for the first quarter.
  • Excluding foreign exchange impact, the Company realized a decrease in net sales of 8.4% for the first quarter in its European Fenestration segment.
  • Based on conversations with our customers, recent demand trends, and the latest macro data, we are now comfortable providing guidance for fiscal 2024.

Volaris Reports Financial Results for the Fourth Quarter 2023: Net Income of USD $112 million

Retrieved on: 
星期一, 二月 26, 2024

Total operating expenses in the quarter were $735 million, representing 82% of total operating revenue, compared to 93% in the fourth quarter of 2022.

Key Points: 
  • Total operating expenses in the quarter were $735 million, representing 82% of total operating revenue, compared to 93% in the fourth quarter of 2022.
  • Income tax expense for the quarter was $17 million, compared to $44 million registered in the same period of 2022.
  • Net cash flow provided by operating activities was $730 million, while cash used in investing and
    financing activities were $462 million and $214 million, respectively.
  • The financial debt amounted to $653 million, while total lease liabilities stood at $2,906 million, bringing the net debt to $2,770 million.