CONTINENTAL EUROPE

EQS-News: GFT with a solid start in a challenging environment

Retrieved on: 
Friday, May 10, 2024
Gesellschaft mit beschränkter Haftung, AI, Insurance, Growth, EUR, EBT, GFT, Tax, Acquisition, Full-time equivalent, Airline

Revenue and earnings growth forecast for 2024 confirmed: Revenue to grow by 15 per cent, adjusted EBIT by 16 per cent

Key Points: 
  • Revenue and earnings growth forecast for 2024 confirmed: Revenue to grow by 15 per cent, adjusted EBIT by 16 per cent
    Stuttgart, 08 May 2024 – GFT Technologies SE (GFT) continued its solid growth in the first quarter of 2024 despite the ongoing challenging market environment.
  • GFT recorded above-average growth in Europe with an increase in revenue of 27 per cent.
  • "Despite the global challenges, our company has made a solid start to 2024.
  • The platform co-developed by GFT, in which GFT is also a partial owner, enables international transactions with regulated digital currencies.

Medical Properties Trust, Inc. Reports First Quarter Results

Retrieved on: 
Thursday, May 9, 2024
Health, Hospitals, Commercial Building & Real Estate, Construction & Property, General Health, REIT, International joint venture, Sale, International, Prospect, Hospital, CommonSpirit Health, Medical Properties Trust, Bed, Bankruptcy, MPT, Webcast, IRF, Growth, FFO, IMED, Regulation Fair Disclosure, Health system, Patient, DIP, Regulation, MPW, GOLD, Telephone, Disclosure

Medical Properties Trust, Inc. (the “Company” or “MPT”) (NYSE: MPW) today announced financial and operating results for the first quarter ended March 31, 2024, as well as certain events occurring subsequent to quarter end.

Key Points: 
  • Medical Properties Trust, Inc. (the “Company” or “MPT”) (NYSE: MPW) today announced financial and operating results for the first quarter ended March 31, 2024, as well as certain events occurring subsequent to quarter end.
  • Medical Properties Trust has total assets of approximately $17.4 billion, including $11.3 billion of general acute facilities, $2.4 billion of behavioral health facilities and $1.7 billion of post-acute facilities.
  • During the first quarter of 2024, Prospect paid cash rent and interest of $7 million to MPT.
  • The Company has scheduled a conference call and webcast for May 9, 2024 at 11:00 a.m. Eastern Time to present the Company’s financial and operating results for the quarter ended March 31, 2024.

Global Blue Releases the Monthly Tax Free Shopping Business Update for April 2024

Retrieved on: 
Tuesday, May 7, 2024
Technology, Payments, Electronic Commerce, Telecommunications, Software, Other Travel, Lodging, Data Management, Consumer Electronics, Travel, GCC

Regarding origin markets, US shopper recovery accelerated, reaching 336%1 in April vs. 307%1 in Q1 ’24.

Key Points: 
  • Regarding origin markets, US shopper recovery accelerated, reaching 336%1 in April vs. 307%1 in Q1 ’24.
  • The shift of the Ramadan period negatively impacted GCC recovery2, which stood at 198%1 in April vs. 277%1 in Q1 ‘24.
  • When analyzing the year-on-year variation in Tax Free Shopping growth, the worldwide issued Sales in Store like-for-like year-on-year performance reached +46% in April 2024 vs. last year.
  • In Asia Pacific, the issued Sales in Stores growth rate continues to remain high, reaching +103%3 in April 2024 vs. last year.

Permira to Acquire Majority Position in BioCatch at $1.3bn Valuation

Retrieved on: 
Thursday, May 2, 2024
TEL, Investment, ARR, Sapphire Ventures, Macquarie Group, Partnership, Senior advisor, Growth, Data science, Fund, Behavior, Bain Capital, Partner, Fraud, Management

NEW YORK and TEL AVIV, Israel, May 2, 2024 /PRNewswire/ -- BioCatch (the "Company"), the global leader in digital fraud detection and financial crime prevention powered by behavioral biometric intelligence, today announced that Permira Growth Opportunities II (the "Fund"), a fund advised by global private equity firm Permira, has agreed to acquire a majority position in the Company. Alongside the Fund's investment, existing shareholders Sapphire Ventures and Macquarie Capital will also increase their investments in BioCatch. The transaction is expected to accelerate the Company's global expansion, advance its innovative product roadmap and support its continued overall growth.

Key Points: 
  • Alongside the Fund's investment, existing shareholders Sapphire Ventures and Macquarie Capital will also increase their investments in BioCatch.
  • Under the terms of the agreement, the Fund will acquire a majority stake in BioCatch, buying out shares primarily from Bain Capital Tech Opportunities and Maverick Ventures, in a secondary transaction valuing the Company at a total enterprise valuation of $1.3bn.
  • Gadi Mazor, CEO of BioCatch, added: "After building a strong partnership with Permira over the last year, we are delighted to welcome them as majority shareholders.
  • After a successful first year, we are delighted to take a majority stake in the business as it continues to grow at scale.

Permira to Acquire Majority Position in BioCatch at $1.3bn Valuation

Retrieved on: 
Thursday, May 2, 2024
TEL, Investment, ARR, Sapphire Ventures, Macquarie Group, Partnership, Senior advisor, Growth, Data science, Fund, Behavior, Bain Capital, Partner, Fraud, Management

NEW YORK and TEL AVIV, Israel, May 2, 2024 /PRNewswire/ -- BioCatch (the "Company"), the global leader in digital fraud detection and financial crime prevention powered by behavioral biometric intelligence, today announced that Permira Growth Opportunities II (the "Fund"), a fund advised by global private equity firm Permira, has agreed to acquire a majority position in the Company. Alongside the Fund's investment, existing shareholders Sapphire Ventures and Macquarie Capital will also increase their investments in BioCatch. The transaction is expected to accelerate the Company's global expansion, advance its innovative product roadmap and support its continued overall growth.

Key Points: 
  • Alongside the Fund's investment, existing shareholders Sapphire Ventures and Macquarie Capital will also increase their investments in BioCatch.
  • Under the terms of the agreement, the Fund will acquire a majority stake in BioCatch, buying out shares primarily from Bain Capital Tech Opportunities and Maverick Ventures, in a secondary transaction valuing the Company at a total enterprise valuation of $1.3bn.
  • Gadi Mazor, CEO of BioCatch, added: "After building a strong partnership with Permira over the last year, we are delighted to welcome them as majority shareholders.
  • After a successful first year, we are delighted to take a majority stake in the business as it continues to grow at scale.

Dalata Hotel Group PLC: AGM-AGM Statement

Retrieved on: 
Friday, May 3, 2024
Annual general meeting, City, RevPAR, VAT, Carbon, Culture, Calendar, AGM, Growth, BST, Tourism

Dublin and London | 25 April 2024: Dalata Hotel Group plc (‘Dalata’ or the ‘Group’), the largest hotel operator in Ireland, with a growing presence in the United Kingdom and Continental Europe, is holding its Annual General Meeting (“AGM”) today at 11:30 am BST at Clayton Hotel Cardiff Lane, Sir John Rogerson’s Quay, Docklands, Dublin.

Key Points: 
  • Dublin and London | 25 April 2024: Dalata Hotel Group plc (‘Dalata’ or the ‘Group’), the largest hotel operator in Ireland, with a growing presence in the United Kingdom and Continental Europe, is holding its Annual General Meeting (“AGM”) today at 11:30 am BST at Clayton Hotel Cardiff Lane, Sir John Rogerson’s Quay, Docklands, Dublin.
  • At the AGM, John Hennessy, Chair of Dalata, will make the following statement:
    “In March this year we celebrated ten years since Dalata’s flotation on the stock exchange.
  • In the year prior to flotation, the Group’s revenue was just over €60 million with hotel assets of €5 million.
  • 2023 marked another record performance for the Group in terms of revenue and free cashflow generation together with strong execution of our growth strategy.

Trupanion’s Margi Tooth Appointed Chief Executive Officer Effective August 1, 2024

Retrieved on: 
Thursday, May 2, 2024
Lead, Trupanion, Pet, Mentorship, Veterinarian, Motivation, Heart, Partnership, Parent, Chairperson, Cat, Tooth, Medicine, Dog, Growth, Management

SEATTLE, May 02, 2024 (GLOBE NEWSWIRE) -- Trupanion , Inc. (Nasdaq: TRUP), a leading provider of medical insurance for cats and dogs, today announced that its Board of Directors has unanimously approved the appointment of Margi Tooth to Chief Executive Officer, effective August 1, 2024.

Key Points: 
  • SEATTLE, May 02, 2024 (GLOBE NEWSWIRE) -- Trupanion , Inc. (Nasdaq: TRUP), a leading provider of medical insurance for cats and dogs, today announced that its Board of Directors has unanimously approved the appointment of Margi Tooth to Chief Executive Officer, effective August 1, 2024.
  • Additionally, Tooth is anticipated to be appointed to Trupanion’s Board of Directors during its July meeting.
  • Tooth’s appointment to CEO follows a proven career at Trupanion, spanning over a decade in leadership positions of increasing responsibility including Chief Marketing Officer, Chief Revenue Officer and as of January of 2021, President.
  • With this move, we enable a smooth transition to a proven executive in Margi, while maintaining ongoing board-level leadership from Darryl.

Sodexo announces solid H1 Fiscal 2024 results

Retrieved on: 
Friday, April 19, 2024
Sale, Fiscal, NYC Health + Hospitals, Aircraft, Facility, Master class, Net, Health, Paris Olympics, CDP, Webcast, Foodservice, Comment, Carbon, Paralympic Games, Environment, Acquisition, Ethisphere Institute, LTM, Student, Bank statement, Security (finance)

Net new business momentum is also solid with a further improvement in retention.

Key Points: 
  • Net new business momentum is also solid with a further improvement in retention.
  • I would like to thank all our teams, who have worked so hard to execute the spin-off of Pluxee while delivering a solid operational performance!”
    First half Fiscal 2024 consolidated revenues were at 12.1 billion euros, up +4.5% year-on-year.
  • Sodexo will hold a conference call (in English) today at 9:45 a.m. (Paris time), 8:45 a.m. (London time) to comment on its First half Fiscal 2024 results.
  • The press release, presentation and webcast will be available on the Group website www.sodexo.com in both the “Newsroom” section and the “Investors – Financial Results” section.

Pluxee delivers strong performance in the First Half and raises Fiscal 2024 Organic revenue growth and Recurring EBITDA margin objectives

Retrieved on: 
Friday, April 19, 2024
Science, Fiscal, Capital market, Depreciation, Partnership, Electricity, Targets, Comment, Webcast, Euronext Paris, Public expenditure, Environment, CSRD, Science Based Targets initiative, EPS, Standard, Bank statement, Growth, Pharmaceutical industry

Operating revenue reached €518 million in the first half of Fiscal 2024, with strong organic growth of +17.4%.

Key Points: 
  • Operating revenue reached €518 million in the first half of Fiscal 2024, with strong organic growth of +17.4%.
  • Organic growth accelerated in Q2 FY 2024, up +12.6% while Q1 FY 2024 pro forma organic revenue growth was impacted by the high comparison basis in Public Benefits.
  • Float revenue rose to €75 million in the first half of Fiscal 2024, increasing +97.3% organically in H1 FY 2024, of which +87.6% in Q2 FY 2024.
  • During its Capital Markets Day, the Group set out Fiscal 2024 and 2026 financial objectives focusing on delivering sustainable organic revenue growth, improving recurring EBITDA margin and maintaining strong cash conversion.

Global Blue Releases the Monthly Tax Free Shopping Business Update for March 2024

Retrieved on: 
Thursday, April 11, 2024
Apps, Applications, Technology, Other Retail, Photography, Professional Services, Business, Software, Data Management, Retail, Online Retail, Spend, GCC, Acceleration, Growth

GCC shopper recovery was negatively impacted by the shift of the beginning of Ramadan2, reaching 184%1 in March vs. 329%1 in January/February.

Key Points: 
  • GCC shopper recovery was negatively impacted by the shift of the beginning of Ramadan2, reaching 184%1 in March vs. 329%1 in January/February.
  • Following behind are North East Asia travelers, with a recovery rate of 320%1 in March vs. 271%1 in January/February.
  • When analyzing the year-on-year variation in Tax Free Shopping growth, the worldwide Issue Sales like-for-like year-on-year performance reached +33% in March 2024 vs. last year.
  • In Asia Pacific, the growth rate continues to remain high, reaching +102%3 in March 2024 vs. last year.