GIBRALTAR

Flux Power Reports Fiscal Year 2024 Third Quarter Financial Results

Retrieved on: 
Thursday, May 9, 2024
Engineering, Other Energy, Technology, Batteries, Manufacturing, Alternative Energy, Energy, CFO, Lithium, D&O, Insurance, OEM, Webcast, Administration, Research and development, Acquisition, Marketing, Telemetry, Growth

Gross profit for the fiscal third quarter of 2024 decreased 7% to $4.4 million compared to a gross profit of $4.7 million in the fiscal third quarter of 2023.

Key Points: 
  • Gross profit for the fiscal third quarter of 2024 decreased 7% to $4.4 million compared to a gross profit of $4.7 million in the fiscal third quarter of 2023.
  • Gross margin decreased to 30% in the fiscal third quarter of 2024 as compared to 31% in the fiscal third quarter of 2023.
  • Adjusted EBITDA loss was $1.4 million in the fiscal third quarter of 2024 as compared to a loss of $0.7 million in the fiscal third quarter of 2023, primarily attributable to the impact of lower revenue.
  • Flux Power CEO Ron Dutt and CFO Kevin Royal will host the conference call, followed by a question-and-answer session.

Princess Cruises to Sail Largest-Ever Europe Cruise and Cruisetour Season in 2026

Retrieved on: 
Thursday, May 9, 2024
Eclipse, Circle, Sale, Sky Princess, Isles, Enchanted Princess, Highlight, The Love Boat, Sun Princess, Love, Collection, Wi-Fi, Sapphire Princess, Princess Cruises, Beauty, Adriatic Sea, Majestic Princess, Drink, Tourism

FT. LAUDERDALE, Fla., May 9, 2024 /PRNewswire/ -- Princess Cruises is going big in Europe for 2026. The "Love Boat" line today announced that its 2026 European cruise and cruisetour season will be its biggest ever, with five Princess cruise ships sailing the region, including the sensational new Sun Princess. Set to sail on a record-breaking 222 cruises, guests will have unparalleled opportunities to explore the beauty and diversity of Europe.

Key Points: 
  • The "Love Boat" line today announced that its 2026 European cruise and cruisetour season will be its biggest ever, with five Princess cruise ships sailing the region, including the sensational new Sun Princess.
  • Set to sail on a record-breaking 222 cruises, guests will have unparalleled opportunities to explore the beauty and diversity of Europe.
  • Highlights of the upcoming season include an opportunity to experience the 2026 total solar eclipse; sail on the newest Princess ship – Sun Princess; the return of roundtrip cruises from Copenhagen and new itineraries from Rome.
  • Princess Cruises returns to Copenhagen after six years with the 2,670-guest Sapphire Princess, providing 12-night Northern Europe itineraries.

APRIL VOLUMES: FREIGHT GROWTH ACROSS MOST OF NETWORK

Retrieved on: 
Wednesday, May 8, 2024
Road

In general, this decreases passenger volumes and increases freight volumes for the month compared to 2023.

Key Points: 
  • In general, this decreases passenger volumes and increases freight volumes for the month compared to 2023.
  • Ferry – freight: Total volumes in April 2024 were 13.9% above 2023 and up 10.1% adjusted for the addition of Strait of Gibraltar routes in 2024 and closure of the Calais-Tilbury route in 2023.
  • For the last twelve months 2024-23, the total transported freight lane metres decreased 0.9% to 39.7m from 40.1m in 2023-22.
  • The increase was 10.0% adjusted for the addition of Strait of Gibraltar routes.

Princess Cruises Sails to Prime Viewing Spot for 2026 Total Solar Eclipse in Europe

Retrieved on: 
Friday, May 3, 2024
Emerald, Eclipse, Discovery Princess, Sale, Sky Princess, Princess, Rock, Territory, Pablo Picasso, Emerald Princess, The Legend of Hercules, Princess Cruises, Darkness, Frank, Tourism

FT. LAUDERDALE, Fla., May 3, 2024 /PRNewswire/ -- Astrotourism is top of mind for travelers making special trips for phenomenal experiences in the sky—and with the recent "take-your-breath-away" total solar eclipse, thousands of cruisers onboard Emerald Princess and Discovery Princess off the coast of Mexico caught a glimpse of the astounding total darkness event.

Key Points: 
  • The 3,660-guest Sky Princess departs Southampton August 8, 2026, on a 14-day Mediterranean cruise, highlighted with total eclipse viewing while the ship is in its path at sea off the coast of Spain.
  • "The best way to see a total solar eclipse is via cruise ship, and our guests who recently experienced this rare occurrence on Discovery Princess and Emerald Princess were simply blown away," said John Padgett, Princess Cruises president.
  • The Total Eclipse Sky Princess Voyage goes on sale May 23, 2024, with rates starting at $2,199* per person.
  • More information about Princess Cruises is available through a professional travel advisor, by calling 1-800-Princess (1-800-774-6237) or by visiting www.princess.com .

MARCH VOLUMES: PASSENGERS BOOSTED BY EASTER

Retrieved on: 
Friday, April 12, 2024
Channel, Weather, Road

North Sea volumes were below 2023 driven by lower UK volumes following a reduced number of sailings due to weather conditions and the Easter timing difference versus 2023.

Key Points: 
  • North Sea volumes were below 2023 driven by lower UK volumes following a reduced number of sailings due to weather conditions and the Easter timing difference versus 2023.
  • Channel volumes were below 2023 as Dover Strait volumes were reduced by the Easter timing difference versus 2023.
  • Ferry – passenger: The number of passengers in March 2024 were 83.1% above 2023 and up 38.4% adjusted for the addition of Strait of Gibraltar routes.
  • For the last twelve months 2024-23, the total number of passengers increased 21.6% to 5.0m compared to 4.1m for 2023-22.

Gibraltar Announces First Quarter 2024 Financial Results

Retrieved on: 
Wednesday, May 1, 2024
Other Manufacturing, Technology, Agritech, Other Energy, Utilities, Other Technology, Manufacturing, Alternative Energy, Energy, Agtech, GAAP, EPS, Interest, Renewable energy

Operating margin increased 790 basis points driven by volume, price / cost alignment, ongoing strong execution, 80/20 productivity, and improving product mix.

Key Points: 
  • Operating margin increased 790 basis points driven by volume, price / cost alignment, ongoing strong execution, 80/20 productivity, and improving product mix.
  • Mr. Bosway concluded, “Our outlook for 2024 is unchanged.
  • Our first quarter results and momentum to date in the second quarter validate our expectation for strong performance in all four segments, with Renewables and Agtech returning to top-line growth and Residential and Infrastructure positioned to continue executing well.
  • ET to review its results for the first quarter of 2024.

Parex Resources and Ecopetrol Enter into Definitive Agreements to Explore Colombia’s High-Potential Llanos Foothills Trend

Retrieved on: 
Thursday, April 11, 2024
PXT, TSX, Partnership, AMI, Transport, Mirador, Government, Pharmaceutical industry

Parex and Ecopetrol are now strategically positioned with eight blocks, along with the creation of a mutual area of interest (“AMI”), to capitalize on the approximately 500-kilometer geological trend and explore for new sources of domestic gas and liquids.

Key Points: 
  • Parex and Ecopetrol are now strategically positioned with eight blocks, along with the creation of a mutual area of interest (“AMI”), to capitalize on the approximately 500-kilometer geological trend and explore for new sources of domestic gas and liquids.
  • “After extensive joint efforts, Parex and Ecopetrol are proud to announce the execution of definitive agreements to explore the high-potential Foothills of Colombia and harmonize our respective land positions.
  • The Gibraltar field is currently producing from the Mirador formation(3)(4), which is excluded from the definitive agreements(2) and will remain 100% Ecopetrol W.I.
  • (5) Excludes the extension of the existing discoveries from the Piedemonte Convenio, where Ecopetrol will keep 100% rights over such area.

WhichBingo Reveals 2024 Award Winners at 10th Anniversary of the WhichBingo Awards

Retrieved on: 
Wednesday, April 17, 2024
Casino, Gaming, Entertainment, Marketing, Buzz Bingo, Gala Bingo, Calendar

Gala Bingo and Buzz Bingo were the big winners of the night, picking up four awards each.

Key Points: 
  • Gala Bingo and Buzz Bingo were the big winners of the night, picking up four awards each.
  • Popular choice awards for Gala Bingo included Best Bingo Site, Best Proprietary Bingo Site and Best Slots site for its Gala Spins game.
  • There were several new features to mark the 10th anniversary of the WhichBingo Awards, including the first WhichBingo Player Panel.
  • All the Award Winners in Full:
    Best Pragmatic Play Bingo Site: Heart Bingo
    Better Change Positive Play Award: PlayOJO

Kroll Expands Global Restructuring Team with Addition of Angela Barkhouse as Head of Offshore Restructuring Business

Retrieved on: 
Friday, April 12, 2024
Consulting, Legal, Professional Services, Finance, Recovery, Insolvency, RISA, ACCA, Cayman Islands, Corruption, Accountant, Barkhouse, British Virgin Islands, Fraud, Financial services

Kroll , the leading independent provider of global risk and financial advisory solutions, announced today the expansion of its Restructuring practice with the appointment of Angela Barkhouse.

Key Points: 
  • Kroll , the leading independent provider of global risk and financial advisory solutions, announced today the expansion of its Restructuring practice with the appointment of Angela Barkhouse.
  • Barkhouse will lead Kroll’s Offshore Restructuring business internationally and co-lead Kroll’s Cayman Islands and British Virgin Islands operations with Mitchell Mansfield.
  • Barkhouse’s appointment will also allow Mansfield to further develop Kroll’s growing Funds and Asset Management practice around the world.
  • Cosimo Borrelli, Managing Director and Co-Head of Restructuring at Kroll, said: “Mitchell and I are delighted to welcome Angela to Kroll.

National Philanthropic Trust Names Linda K. Myers Chair of the Board of Trustees

Retrieved on: 
Tuesday, April 9, 2024
Finance, Consulting, Banking, Accounting, Professional Services, Philanthropy, Fund Raising, Other Philanthropy, Foundation, Chambers and Partners, Georgetown University Law Center, LCI, Gen, Audit, Woman, NPT, Inode, Trustee, National Philanthropic Trust, MRX, University, Lyric, Saint Ignatius College, Lyric Opera of Chicago, Compensation, Field, Chicago Shakespeare Theater, Retirement, Acquisition, Corporate governance, Kirkland & Ellis, Kirkland, Nursing

National Philanthropic Trust (NPT), the largest national, independent public charity that manages donor-advised funds (DAFs), and one of the largest grantmaking organizations in the world, is pleased to announce Linda K. Myers has been named chair of NPT’s Board of Trustees.

Key Points: 
  • National Philanthropic Trust (NPT), the largest national, independent public charity that manages donor-advised funds (DAFs), and one of the largest grantmaking organizations in the world, is pleased to announce Linda K. Myers has been named chair of NPT’s Board of Trustees.
  • She has served as vice chair of NPT’s Board of Trustees and chair of the Compensation and Human Resources Committee.
  • “Linda’s extensive experience in law, business, and governance, along with her lifelong dedication to philanthropy, is an excellent foundation for her to be NPT’s board chair,” said Eileen Heisman, CEO of National Philanthropic Trust.
  • “Linda joined NPT’s Board of Trustees in the early days of the pandemic and quickly became a strategic voice on the board and in her committee leadership.