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EQS-News: ESPG AG: Bondholders' vote approves precautionary covenant waiver and potential bond increase

Retrieved on: 
Wednesday, April 10, 2024

Cologne, 21 March 2024: The bondholders of the European Science Park Group, a real estate company specialising in science parks, have almost unanimously approved the precautionary covenant waiver and a potential bond increase with a large majority of over 99.9 % in the written voting procedure.

Key Points: 
  • Cologne, 21 March 2024: The bondholders of the European Science Park Group, a real estate company specialising in science parks, have almost unanimously approved the precautionary covenant waiver and a potential bond increase with a large majority of over 99.9 % in the written voting procedure.
  • With their strong support, the bondholders are backing further business development and are providing the Management Board with long-term planning security.
  • Ralf Nöcker, Management Board Member of ESPG AG: “We have had an active and constructive dialogue with our creditors in recent weeks.
  • The resolutions adopted will be published on the ESPG website today and in the Federal Gazette in the coming days.

EQS-News: Pyrum Innovations AG publishes financial figures for Q4 and preliminary results for the financial year 2023

Retrieved on: 
Wednesday, April 10, 2024

Sales increased by 17% year-on-year to EUR 1,147 thousand (2022: EUR 982 thousand).

Key Points: 
  • Sales increased by 17% year-on-year to EUR 1,147 thousand (2022: EUR 982 thousand).
  • As a result, total output decreased by 32% year-on-year to EUR 12,934 thousand (2022: EUR 19,069 thousand).
  • The Trading Update Q4 2023 of Pyrum Innovations AG is available on the company's website at https://www.pyrum.net/en/investors/financial-publications/ .
  • The publication of the final figures and the Annual Report 2023 is scheduled for 16 May 2024.

EQS-News: Fiscal year 2023: RENK Group AG continues profitable growth trajectory

Retrieved on: 
Wednesday, April 10, 2024

EBIT of RENK Group AG rose to 150 million euros (2022: 144 million euros).

Key Points: 
  • EBIT of RENK Group AG rose to 150 million euros (2022: 144 million euros).
  • "The strong order intake and revenue growth of our segments over the past fiscal year reflect the high demand for our products and technological solutions", explained Susanne Wiegand, CEO of RENK Group AG.
  • For fiscal year 2024, RENK Group AG is expecting growth to continue and is confirming its financial forecast.
  • The successful stock exchange listing of RENK Group AG on February 7, 2024 laid the groundwork for further international growth.

EQS-News: DISCLOSURE OF THE TOTAL NUMBER OF VOTING RIGHTS AND CAPITAL, IN ACCORDANCE WITH THE LAW AND GRAND-DUCAL REGULATION OF 11 JANUARY 2008 ON TRANSPARENCY REQUIREMENTS FOR ISSUERS, AS AMENDED

Retrieved on: 
Wednesday, April 10, 2024

DISCLOSURE OF THE TOTAL NUMBER OF VOTING RIGHTS AND CAPITAL, IN ACCORDANCE WITH THE LAW AND GRAND-DUCAL REGULATION OF 11 JANUARY 2008 ON TRANSPARENCY REQUIREMENTS FOR ISSUERS, AS AMENDED

Key Points: 
  • DISCLOSURE OF THE TOTAL NUMBER OF VOTING RIGHTS AND CAPITAL, IN ACCORDANCE WITH THE LAW AND GRAND-DUCAL REGULATION OF 11 JANUARY 2008 ON TRANSPARENCY REQUIREMENTS FOR ISSUERS, AS AMENDED
    The issuer is solely responsible for the content of this announcement.
  • Total number of voting rights attached to the shares composing the share capital of the notifying issuer, including the suspended voting rights
    Total number of voting rights, excluding suspended voting rights (exercisable voting rights) (optional)

Kaufman & Broad SA: 1ST QUARTER 2024 RESULTS

Retrieved on: 
Wednesday, April 10, 2024

Net cash (c ) : €190.2M vs. € 121.6M

Key Points: 
  • Net cash (c ) : €190.2M vs. € 121.6M
    Financial capacity : €615.3M vs. €542.7M
    Main development indicators (end Feb. 2024 vs. end Feb. 2023)
    Total backlog : 2,586.1 vs. €2,890.4M
    Kaufman & Broad SA today announces its results for the 1st quarter of fiscal 2024 (from December 1st to 29th February 2024).
  • In the 1st quarter of 2024, housing orders amounted to €252.7M (including VAT), up 7.9% from €234.1M in 2023.
  • The take up period [1] was 4.1 months 2024, 1st quarter, down of 2.9 months from 6.9 months in 2023.
  • As of the 1st quarter of 2024, Kaufman & Broad had 126 housing programmes in the process of being marketed, representing 1,517 housing units (143 programmes and 2,360 housing units as of the end of February 2023).

EQS-News: ABO Wind reports another record result and growing pipeline

Retrieved on: 
Wednesday, April 10, 2024

With a net profit of EUR 27.3 million, the ABO Wind Group has exceeded the previous year's record figure of EUR 24.6 million by eleven percent.

Key Points: 
  • With a net profit of EUR 27.3 million, the ABO Wind Group has exceeded the previous year's record figure of EUR 24.6 million by eleven percent.
  • ABO Wind increased its revenue by 29 per cent to 299.7 million euros in 2023.
  • As a service provider, ABO Wind generated a revenue of 17.8 million euros in the financial year (previous year: 15.9 million euros, an increase of twelve per cent).
  • For example, a French industrial company has just secured the electricity from an ABO Wind solar farm currently under construction.

EQS-News: PATRIZIA Annual Report 2023: Resilient platform but EBITDA impacted by market headwinds - cautious optimism for 2024 with focus on smart real asset investments

Retrieved on: 
Wednesday, April 10, 2024

PATRIZIA remained an active net buyer with investments signed for clients more than offsetting disposals and redemptions, demonstrating the resilience of the Company’s independent investment platform.

Key Points: 
  • PATRIZIA remained an active net buyer with investments signed for clients more than offsetting disposals and redemptions, demonstrating the resilience of the Company’s independent investment platform.
  • Nevertheless, AUM declined by 3.2% to EUR 57.3bn due to valuation pressure in a challenging market environment.
  • PATRIZIA reorganised operations and adapted its business focus to accommodate the lower level of client investments in the second half of 2023.
  • PATRIZIA continues to run a solid balance sheet with a net equity ratio of 69.0% and available liquidity of EUR 291.0m.

AI Stocks in the Cloud - More Growth to Come

Retrieved on: 
Tuesday, April 2, 2024

Among the myriad applications of AI, the integration of AI into cloud computing has proven to be a game-changer, giving rise to the Cloud AI market.

Key Points: 
  • Among the myriad applications of AI, the integration of AI into cloud computing has proven to be a game-changer, giving rise to the Cloud AI market.
  • Leveraging its industry-leading partners, Cedarcross is poised to drive streamlined growth and innovation in the AI sector.
  • Supermicro, Inc., a Total IT Solution Provider for AI, Cloud, Storage, and 5G/Edge, just announced its latest portfolio to accelerate the deployment of generative AI.
  • Cost savings, which are a result of AI being used in cloud computing, are one of these benefits that stand out for efficiency."

ImmuCell Announces Preliminary, Unaudited Sales Results for Q1 2024

Retrieved on: 
Tuesday, April 9, 2024

Total sales during the three-month period ended March 31, 2024 were 42% more than the $5.1 million in sales recorded during the three-month period ended December 31, 2023.

Key Points: 
  • Total sales during the three-month period ended March 31, 2024 were 42% more than the $5.1 million in sales recorded during the three-month period ended December 31, 2023.
  • Total sales during the twelve-month period ended March 31, 2024 were 33% more than the twelve-month period ended March 31, 2023.
  • “The $7.3 million in total product sales achieved during the first quarter of 2024 is an all-time quarterly sales record for us,” commented Michael F. Brigham, President and CEO of ImmuCell.
  • The Company is planning to host a conference call on Friday, May 10, 2024 at 9:00 AM ET to discuss the unaudited financial results for the quarter ended March 31, 2024.

IHT HOTEL REVENUE CONTINUES TO GROW

Retrieved on: 
Monday, April 8, 2024

IHT hotel operations were strong in the Fiscal Year ended January 31, 2024, and are contributing to a solid start in the current 2025 Fiscal First Quarter, with both the Tucson Hotel and Albuquerque Hotel achieving record results for the combined months of February and March, of the current Fiscal Year.

Key Points: 
  • IHT hotel operations were strong in the Fiscal Year ended January 31, 2024, and are contributing to a solid start in the current 2025 Fiscal First Quarter, with both the Tucson Hotel and Albuquerque Hotel achieving record results for the combined months of February and March, of the current Fiscal Year.
  • These are all positive signs for InnSuites, as progress continues while the Travel Industry, and InnSuites Hospitality Trust (IHT) specifically, continue to grow and thrive.
  • IHT holds convertible bonds and warrants that, when fully exercised, could result in IHT holding an approximate 20% or more ownership stake in UniGen.
  • IHT management believes that due to real estate held on the books of IHT at book values believed to be significantly below current market value and due to the high clean energy diversification profit potential ahead, the IHT future looks bright.