Gibson Energy Declares Dividend
GlobeNewswire· 2025-05-05 20:02
All financial figures are in Canadian dollars unless otherwise noted CALGARY, Alberta, May 05, 2025 (GLOBE NEWSWIRE) -- Gibson Energy Inc. (TSX:GEI) (“Gibson”, or the “Company”) announced today that its Board of Directors has approved a quarterly dividend of $0.43 per common share, payable on July 17, 2025, to shareholders of record at the close of business on June 30, 2025. This dividend is designated as an eligible dividend for Canadian income tax purposes. For non-resident shareholders, Gibson's dividend ...
Solésence Reports Record First Quarter 2025 Financial Results
GlobeNewswire· 2025-05-05 20:01
First quarter revenue increased 48% to a record $14.6 million ROMEOVILLE, Ill., May 05, 2025 (GLOBE NEWSWIRE) -- Solésence, Inc. (Nasdaq: SLSN), a leader in scientifically-driven health care solutions across beauty and life science categories, today announced financial results for the first quarter ended March 31, 2025. Recent Highlights and Accomplishments Uplisted to Nasdaq under the ticker “SLSN” supporting the Company’s increased visibility with the investment communityAchieved record revenue and unit ...
Gibson Energy Reports 2025 First Quarter Results Driven by Record Infrastructure EBITDA and All-Time High Volumes at Gateway and Edmonton
GlobeNewswire· 2025-05-05 20:01
All financial figures are in Canadian dollars unless otherwise noted CALGARY, Alberta, May 05, 2025 (GLOBE NEWSWIRE) -- Gibson Energy Inc. (TSX:GEI) ("Gibson" or the "Company") announced today its financial and operating results for the three months ended March 31, 2025. Key Highlights: All-time high volumes at both the Gateway and Edmonton terminals drove record Infrastructure Adjusted EBITDA(1) of $155 millionRealized recurring and non-recurring cost savings of approximately $6 million, increasing DCF per ...
Scatec starts construction of large scale solar and battery storage project in Egypt
GlobeNewswire· 2025-05-05 20:00
Oslo/Cairo, 05 May 2025: Scatec ASA has commenced construction of its 1.1 GW Obelisk solar and 100 MW/200 MWh battery storage project in Egypt. The energy will be sold under a USD-denominated 25-year Power Purchase Agreement (PPA) with the Egyptian Electricity Transmission Company (EETC), backed by a sovereign guarantee. The project will be constructed in two phases. The first phase of 561 MW solar + 100 MW/200 MWh battery storage is targeted to reach commercial operational date (COD) in the first half of 2 ...
UPDATE - WTW appoints Deputy Regional Leader to North America
GlobeNewswire· 2025-05-05 19:56
NEW YORK, May 05, 2025 (GLOBE NEWSWIRE) -- Willis, a WTW business (Nasdaq: WTW), today announced the appointment of David Lofstrom as Deputy Regional Leader, New England within Corporate Risk and Broking (CRB) in North America. Lofstrom’s new position includes working closely with the full New England team to identify new opportunities while also helping to accelerate growth throughout the region. Additionally, he will focus on delivering enhanced value to clients by collaborating with various Industry Vert ...
Sebastian Murray Makes Second INDY NXT by Firestone Start Driving No. 2 Car Sponsored by Lottery.com and Sports.com
GlobeNewswire· 2025-05-05 19:30
Strong Qualifying for Andretti Cape Driver & Red-and-Black Branding Turn Heads Murray No.2 Car Ahead of Pack at Grand Prix of Alabama Sebastian Murray drives the No.2 car sponsored by Lottery.com and Sports.com in the Grand Prix of Alabama. Murray NO. 2 Car On a Corner INDY NXT by Firestone No. 2 Car Driven by Sebastian Murray at the Grand Prix of Alabama BIRMINGHAM, Ala., May 05, 2025 (GLOBE NEWSWIRE) -- Rising open-wheel talent Sebastian Murray made his second INDY NXT by Firestone start this weeke ...
TWFG, Inc. To Announce First Quarter 2025 Financial Results on Tuesday, May 13, 2025.
GlobeNewswire· 2025-05-05 19:21
THE WOODLANDS, Texas, May 05, 2025 (GLOBE NEWSWIRE) -- TWFG, Inc. (NASDAQ: TWFG), a leading independent insurance distribution platform, announced today that it will release its financial results for the first quarter ended March 31, 2025, after the market closes on Tuesday, May 13, 2025. The Company will host a conference call to discuss its financial results the following morning, Wednesday, May 14, 2025, at 8:00 a.m. Central Time (9:00 a.m. Eastern Time). TO ACCESS THE CALL BY PHONE, PARTICIPANTS CAN REG ...
LLYC posts net profit of €9 million in 2024, up 7.2%
GlobeNewswire· 2025-05-05 19:06
Core Insights - LLYC reported a net profit of €9 million in 2024, marking a 7.2% increase from the previous year, with revenues and operating income rising by 19% to €115.5 million and €93.1 million respectively, setting new records for the company [1] - The firm maintained a strong financial position with €9.1 million in cash and a net debt of €26.1 million, which is 1.5 times EBITDA [2] - In 2024, 59% of operating revenues and 75% of recurring EBITDA were generated from the Corporate Affairs segment, while Marketing contributed 41% and 25% respectively [3] Financial Performance - Recurring EBITDA grew by 3% to €17.4 million, aligning with the company's updated forecasts [1] - Between 2020 and 2024, LLYC's revenues multiplied by 2.6 and EBITDA by 2.1 [1] - The company increased shareholder remuneration by 30%, distributing €0.172 per share, totaling €2 million [2] Market Expansion - The United States has become LLYC's second-largest market following the acquisition of Lambert, with significant expansion along the East Coast and Midwest [4][5] - LLYC invested a record €30 million in three strategic acquisitions in 2024, enhancing its market position [4] Strategic Developments - 2024 was characterized as a transformative year for LLYC, with a focus on integrating its commercial offerings and revamping its organizational model into Marketing and Corporate Affairs [7] - The firm secured major marketing contracts with clients such as Michigan Business Development Corporation and Vodafone, showcasing its differentiated service approach [8] Innovation and Future Plans - LLYC invested €2.5 million in innovation in 2024, a 95% increase year-on-year, focusing on AI-driven solutions for digital advertising [11] - The company has laid solid foundations for future growth and aims to develop a new three-year strategic plan amid market uncertainties [10]
FitLife Brands Announces First Quarter Earnings Call
GlobeNewswire· 2025-05-05 19:00
Core Points - FitLife Brands, Inc. plans to report its financial performance for Q1 of fiscal 2025 on May 15, 2025 [1] - An investor conference call will be held on the same day at 4:30 pm ET, with specific dialing instructions provided for U.S. and international participants [2] - FitLife Brands develops and markets over 250 nutritional supplements and wellness products, primarily targeting health-conscious consumers [3]
Northfield Capital Announces Transaction to Acquire Remaining Minority Interest of Northfield Aviation
GlobeNewswire· 2025-05-05 18:59
Core Viewpoint - Northfield Capital Corporation's subsidiary, Spruce Goose Aviation Inc., is acquiring the remaining 9% of Northfield Aviation Group Inc. shares not already owned, resulting in 100% ownership post-transaction [1][2]. Group 1: Transaction Details - The share purchase agreement involves the issuance of 60,000 Class A restricted voting shares at a deemed price of C$5.23 per share to the vendor, Iain Hayden [1]. - Northfield Aviation consists of 9,357 Class A common shares and 22,303 Class B common shares, which represent the remaining ownership interest [2]. - The completion of the transaction is subject to TSX Venture Exchange approval and other customary closing conditions, expected around May 8, 2025 [3]. Group 2: Related Party Transaction - The vendor, Iain Hayden, is a director of Northfield Aviation, categorizing this transaction as a related party transaction under MI 61-101 [4][5]. - Northfield Capital Corporation is exempt from formal valuation and minority shareholder approval requirements due to the transaction's value being below 25% of the corporation's market capitalization [5]. Group 3: Company Overview - Northfield Capital Corporation is a publicly traded Canadian investment firm with a focus on resources, mining, aviation, and premium alcoholic beverages, established in 1981 [6].