HBU

Rayonier Reports First Quarter 2024 Results

Retrieved on: 
Wednesday, May 1, 2024
Other Construction & Property, Forest Products, Residential Building & Real Estate, Commercial Building & Real Estate, Natural Resources, Construction & Property, REIT, Net, Real estate, Acceleration, Insurance, Large, Webcast, Carbon, HBU, Public expenditure, CAD, Wood, Adjustment, GAAP, Growth, Silviculture

“Overall, we delivered modestly improved first quarter results relative to the prior year quarter, which were in-line with our expectations at the start of the year,” said Mark McHugh, President and CEO.

Key Points: 
  • “Overall, we delivered modestly improved first quarter results relative to the prior year quarter, which were in-line with our expectations at the start of the year,” said Mark McHugh, President and CEO.
  • First quarter Adjusted EBITDA4 of $44.8 million was 5%, or $2.0 million, above the prior year period.
  • First quarter sales of $25.2 million decreased $9.2 million, or 27%, versus the prior year period.
  • First quarter Adjusted EBITDA4 of $4.7 million was 34%, or $2.4 million, below the prior year period.

EQS-News: HORNBACH Group earnings further stabilized in Q3 2023/24

Retrieved on: 
Wednesday, December 20, 2023
Online, Calendar, EBIT, COVID-19, HBU, Investment, ISIN, 2022–23 Ottawa Senators season, ICR, EUR, Click & Collect, Acquisition, DIY, FY, Growth, Lithium, Retail, Pharmaceutical industry

HORNBACH Group (HORNBACH Holding AG & Co. KGaA Group; ISIN: DE0006083405) sequentially improved its earnings figures in the third quarter (Q3) 2023/24 (September 1, 2023 to November 30, 2023) through increased gross margin due to lower commodity and purchasing prices as well as effective cost management.

Key Points: 
  • HORNBACH Group (HORNBACH Holding AG & Co. KGaA Group; ISIN: DE0006083405) sequentially improved its earnings figures in the third quarter (Q3) 2023/24 (September 1, 2023 to November 30, 2023) through increased gross margin due to lower commodity and purchasing prices as well as effective cost management.
  • Against the challenging backdrop of ongoing consumer caution in big ticket and discretionary spending, consolidated net sales of the Group decreased to EUR 1,485.2 million (-4.0%) in Q3 2023/24.
  • The Berlin-based start-up Seniovo is part of the HORNBACH Baumarkt AG Group since December 1, 2023.
  • With EUR 48.1 million the adjusted EBIT of HORNBACH Group came in just 1.7% below Q3 2022/23 (EUR 48.9 million).

EQS-News: HORNBACH Holding AG & Co. KGaA: HORNBACH Group sales and earnings stabilized in Q2 2023/24

Retrieved on: 
Wednesday, September 27, 2023
Online, Construction, FY, ICR, Calendar, EBIT, HBU, DIY, Investment, Grand Est, ISIN, Click & Collect, 2022–23 OHL season, Lithium, EU, Q2, EUR

The HORNBACH Group (HORNBACH Holding AG & Co. KGaA Group; ISIN: DE0006083405) increased consolidated net sales in the second quarter (Q2) 2023/24 (June 1, 2023 to August 31, 2023) to EUR 1,667.9 million (+1.1%).

Key Points: 
  • The HORNBACH Group (HORNBACH Holding AG & Co. KGaA Group; ISIN: DE0006083405) increased consolidated net sales in the second quarter (Q2) 2023/24 (June 1, 2023 to August 31, 2023) to EUR 1,667.9 million (+1.1%).
  • Adjusted EBIT development improved in Q2 2023/24 compared to Q1 2023/24 with a y-o-y decline by 13.3% to EUR 111.9 million in Q2.
  • In Germany, net sales of HORNBACH Baumarkt AG decreased by 2.4% to EUR 1,563.5 million in H1 2023/24 (H1 2022/23: EUR 1,601.7 million).
  • In total, the international share of sales of HORNBACH Baumarkt AG subgroup in H1 2023/24 rose from 50.5% to 51.6%.

Prospera Energy Inc. and Aduro Clean Technologies Advance Collaboration on Pilot Project for Partial Upgrading of Bitumen

Retrieved on: 
Tuesday, August 8, 2023
Partnership, Carbon footprint, API, HCT, FRA, Separable space, User experience, HBU, LOI, Partial, PEI, OTC, Solarmer Energy, Inc., ESG, Economics, Oil, Oportunidades

CALGARY, Alberta, Aug. 08, 2023 (GLOBE NEWSWIRE) -- Prospera Energy Inc. (“Prospera” or the “Company”) (TSX.V: PEI, OTC: GXRFF, FRA: OF6B, OF6B.SG, OF6B.F, OF6B.BE) is pleased to provide an update on progress made on the Pilot Project for Partial Upgrading of Bitumen, in collaboration with Aduro Clean Technologies Inc. (“Aduro”).

Key Points: 
  • CALGARY, Alberta, Aug. 08, 2023 (GLOBE NEWSWIRE) -- Prospera Energy Inc. (“Prospera” or the “Company”) (TSX.V: PEI, OTC: GXRFF, FRA: OF6B, OF6B.SG, OF6B.F, OF6B.BE) is pleased to provide an update on progress made on the Pilot Project for Partial Upgrading of Bitumen, in collaboration with Aduro Clean Technologies Inc. (“Aduro”).
  • On September 12, 2022, Prospera and Aduro signed a Letter of Intent (LOI) for a three-phase project to investigate, develop, and pilot the partial upgrading of bitumen using Aduro's Hydrochemolytic™ Bitumen Upgrading (HBU) technology.
  • "Prospera Energy is motivated to embark on Phase 1 of our collaboration with Aduro," stated Samuel David, President & CEO of Prospera.
  • "The initiation of Phase 1 of the collaboration with Prospera for the pilot plant project of our Hydrochemolytic™ Bitumen Upgrading technology marks a significant milestone," commented Ofer Vicus, CEO of Aduro.

Aduro Clean Technologies and Prospera Energy Advance Collaboration on Pilot Plant Project for Partial Upgrading of Bitumen

Retrieved on: 
Tuesday, August 8, 2023
ACT, Letter, Partnership, CSE, Carbon footprint, API, Tax, HCT, FSE, FRA, HBU, Chemistry, Oil, PEI, Natural gas, OTC, Knowledge, Transport, Economics, Oportunidades, Western Canada

On September 12, 2022, Aduro and Prospera entered into a Letter of Intent that outlined a three-phase project engagement plan to investigate, develop and evaluate the partial upgrading of bitumen with a pilot plant using the Aduro Hydrochemolytic™ Bitumen Upgrading (“HBU”) technology.

Key Points: 
  • On September 12, 2022, Aduro and Prospera entered into a Letter of Intent that outlined a three-phase project engagement plan to investigate, develop and evaluate the partial upgrading of bitumen with a pilot plant using the Aduro Hydrochemolytic™ Bitumen Upgrading (“HBU”) technology.
  • Phase 1 involves a combined working plan of laboratory and continuous flow work using Prospera bitumen and Aduro’s HCT process.
  • "Prospera Energy is excited to embark on Phase 1 of our collaboration with Aduro," stated Samuel David, President & CEO of Prospera.
  • "The initiation of Phase 1 of the collaboration with Prospera for the pilot plant project of our Hydrochemolytic™ Bitumen Upgrading technology marks a significant milestone”, commented Ofer Vicus, CEO of Aduro.

Rayonier Reports Second Quarter 2023 Results

Retrieved on: 
Wednesday, August 2, 2023
Other Construction & Property, Forest Products, Residential Building & Real Estate, Commercial Building & Real Estate, Natural Resources, Construction & Property, REIT, Maintenance, Travel, NZU, Pacific Northwest, CAD, GAAP, Carbon, HBU, Public expenditure, US, EBITDA, Webcast, New Zealand Timber Museum, Weather, EPS, Growth, Transport, Adjustment, Real estate, Lumber, Silviculture, Oil, Broadcasting, Sales, Rayonier, Wildlight (photo agency), Wood

“While overall market sentiment has improved versus the first quarter of this year, our second quarter results reflect ongoing macroeconomic challenges and weaker end-market demand as compared to the prior year,” said David Nunes, CEO.

Key Points: 
  • “While overall market sentiment has improved versus the first quarter of this year, our second quarter results reflect ongoing macroeconomic challenges and weaker end-market demand as compared to the prior year,” said David Nunes, CEO.
  • Second quarter Adjusted EBITDA2 of $43.6 million was 13%, or $4.9 million, above the prior year period.
  • Second quarter sales of $32.3 million decreased $6.8 million, or 17%, versus the prior year period.
  • Second quarter sales of $15.4 million decreased $12.3 million versus the prior year period due to lower volumes and prices.

Aduro Clean Technologies Provides Corporate Update and Engages Outside The Box Capital Inc. for Marketing and Investor Relations Services

Retrieved on: 
Thursday, July 6, 2023
ACT, Exercise, Operation, Plastic, Communication, Partnership, CSE, ACTE, Marketing, Lab, Stanford Learning Lab, Research development, Tax, CAD, Polymer, HCT, FSE, Research, HBU, Research and development, OTBC, Chemistry, Development, SOP, Oil, Engineering, Local marketing agreement, Growth, HPU, News, Social media, Safety, Fine chemical, Retail, Interior design, Security (finance), Recycling, Sales, Brightlands School

In addition, there has been substantial progress on the pilot-scale continuous flow reactor for Hydrochemolytic™ Bitumen Upgrading (“R2 Bitumen”).

Key Points: 
  • In addition, there has been substantial progress on the pilot-scale continuous flow reactor for Hydrochemolytic™ Bitumen Upgrading (“R2 Bitumen”).
  • All of these the Company has successfully overcome, driven by the dedication and passion of the Aduro team.
  • In June 2023, Aduro formed its first international hub by establishing Aduro Clean Technologies Europe (“ ACTE ”), marking the first step towards international expansion.
  • The Company also announces that it has entered into a marketing and consulting agreement (the “Marketing Agreement”) with an arm’s length marketing firm, Outside The Box Capital Inc. (“ OTBC ”) of Oakville Ontario, to provide marketing consulting and investor relations services, including marketing services through social media channels and online media distribution.

EQS-News: HORNBACH Holding AG & Co. KGaA: HORNBACH Group reconfirms outlook – slower start to spring season as expected

Retrieved on: 
Friday, June 23, 2023
Online, Acceleration, COVID-19, Calendar, EBIT, HBU, DIY, Gardening, EUR, ISIN, Weather, Click & Collect, Lithium, Video game, Pharmaceutical industry

The HORNBACH Group (HORNBACH Holding AG & Co. KGaA Group; ISIN: DE0006083405) recorded consolidated net sales in the first quarter (Q1) 2023/24 (March 1, 2023 to May 31, 2023) of EUR 1,773 million (-2.2%).

Key Points: 
  • The HORNBACH Group (HORNBACH Holding AG & Co. KGaA Group; ISIN: DE0006083405) recorded consolidated net sales in the first quarter (Q1) 2023/24 (March 1, 2023 to May 31, 2023) of EUR 1,773 million (-2.2%).
  • In Germany, net sales of HORNBACH Baumarkt AG decreased by 5.2% to EUR 808.5 million in the first quarter (2022/23: EUR 853.2 million).
  • With EUR 109.4 million the adjusted EBIT of HORNBACH Group came in 26.2% below Q1 2022/23 (EUR 148.3 million) mainly due to a subdued start into the season.
  • “As we expected, earnings have slightly declined in Q1 2023/24 largely due to the subdued start into the spring season.

Rayonier Reports First Quarter 2023 Results

Retrieved on: 
Wednesday, May 3, 2023
Other Natural Resources, Forest Products, Other Construction & Property, Natural Resources, Construction & Property, REIT, Maintenance, Pacific Northwest, Estate, CAD, GAAP, Carbon, HBU, Public expenditure, US, Webcast, Growth, Weather, EPS, Adjustment, Real estate, Bank, Lumber, Oil, Silviculture, Pharmaceutical industry, Citrus, Broadcasting, Sales, Rayonier

First quarter Adjusted EBITDA3 of $42.8 million was 12%, or $5.6 million, below the prior year period.

Key Points: 
  • First quarter Adjusted EBITDA3 of $42.8 million was 12%, or $5.6 million, below the prior year period.
  • First quarter sales of $34.4 million decreased $11.9 million, or 26%, versus the prior year period.
  • First quarter Adjusted EBITDA3 of $7.1 million was 67%, or $14.4 million, below the prior year period.
  • First quarter sales of $12.6 million decreased $0.9 million versus the prior year period, due to lower volumes and prices.

EQS-News: HORNBACH Holding AG & Co. KGaA: HORNBACH Group delivers accelerating growth in Q3 2022/23 – sales up 10.4% y-o-y

Retrieved on: 
Sunday, January 22, 2023
Online, Click & Collect, FY, Acceleration, ISIN, EBIT, Alsace-Lorraine A 4, Growth, HBU, EUR, AG, DIY, Retail, Animal, Renewable energy, COVID-19

The significant sales growth in Q3 was not only driven by inflation growth, but also by increased footfall in our stores.”, commented Erich Harsch, CEO of HORNBACH Baumarkt AG.

Key Points: 
  • The significant sales growth in Q3 was not only driven by inflation growth, but also by increased footfall in our stores.”, commented Erich Harsch, CEO of HORNBACH Baumarkt AG.
  • Net sales at the HORNBACH DIY stores in Germany increased by 3.3% to EUR 2,292.4 million in 9M 2022/23 (2021/22: EUR 2,218.3 million).
  • Since December 8, 2022 all information on HORNBACH Group is available on our newly designed corporate website.
  • Table 2: Miscellaneous key figures HORNBACH Holding AG & Co. KGaA Group