ABM Reports Fiscal Second Quarter 2025 Results
GlobeNewswire· 2025-06-06 10:58
Core Insights - ABM reported a return to organic revenue growth in its Business & Industry segment, achieving 3.8% organic revenue growth and a total revenue increase of 4.6% to $2.1 billion for the second quarter of fiscal 2025 [2][4][7] - The company secured $1.1 billion in new bookings, marking an 11% year-over-year increase, indicating strong market positioning and innovation focus [2][4] - Adjusted net income rose to $54.1 million, or $0.86 per diluted share, compared to $52.3 million, or $0.82 per diluted share, in the prior year [6][7] Financial Performance - Revenue for the second quarter increased to $2.1 billion, driven by 3.8% organic growth and a 0.8% contribution from acquisitions [4][7] - Net income for the quarter was $42.2 million, or $0.67 per diluted share, down from $43.8 million, or $0.69 per diluted share, in the prior year [5][7] - Adjusted EBITDA for the period increased to $125.9 million, maintaining an adjusted EBITDA margin of 6.2% [8][7] Segment Performance - The Business & Industry segment grew by 3%, supported by recovery in the U.S. prime office space market [4][28] - The Manufacturing & Distribution segment saw a 2% increase, attributed to new client wins and favorable comparisons to the prior year [4][28] - Technical Solutions and Aviation segments reported significant revenue increases of 19% and 9%, respectively, with Technical Solutions benefiting from higher microgrid revenue [4][28] Cash Flow and Liquidity - Net cash provided by operating activities was $32.3 million, a decrease from $117.0 million in the prior year, primarily due to elevated working capital related to the ERP transition [9][23] - Free cash flow for the quarter was $15.2 million, down from $101.4 million in the previous year [9][32] - The company had total indebtedness of $1.6 billion and available liquidity of $657.8 million at the end of the second quarter [10][9] Outlook - ABM reaffirmed its fiscal year 2025 adjusted EPS outlook in the range of $3.65 to $3.80, with an unchanged projected adjusted EBITDA margin of 6.3% to 6.5% [12][7] - The company remains optimistic about core markets, particularly high-quality office buildings, manufacturing and distribution facilities, and commercial aviation [2][12]
Ferrellgas Partners, L.P. Reports Third Quarter Fiscal Year 2025 Results
GlobeNewswire· 2025-06-06 10:30
LIBERTY, Mo., June 06, 2025 (GLOBE NEWSWIRE) -- Ferrellgas Partners, L.P. (OTC: FGPR) (“Ferrellgas” or the “Company”) today reported financial results for its 2025 third fiscal quarter ended April 30, 2025. Tamria Zertuche, President and Chief Executive Officer, commented, “We are very pleased to have delivered strong third quarter sales growth of 9%, which translated into solid gross profit, and net earnings growth of 12%. This growth was driven by our strong field performance in inclement weather and resi ...
UPDATE - Sono Group N.V. Reschedules Participation in Emerging Growth Conference to Tuesday, June 17, 2025
GlobeNewswire· 2025-06-06 10:00
The Company invites individual and institutional investors to attend its real-time presentation at the Emerging Growth ConferenceMunich, June 06, 2025 (GLOBE NEWSWIRE) -- The solar technology company Sono Group N.V. (OTCQB: SEVCF) (hereafter referred to as “Sono Group” or “Sono”, parent company to Sono Motors GmbH or “Sono Motors”) today announced that its previously scheduled presentation at the Emerging Growth Conference on May 21, 2025, has been moved to the next event in the series. The Company will now ...
Codere Online Regains Compliance with Nasdaq Listing Requirements
GlobeNewswire· 2025-06-06 10:00
Luxembourg, Grand Duchy of Luxembourg, June 6, 2025 (GLOBE NEWSWIRE) – Codere Online Luxembourg, S.A. (Nasdaq: CDRO / CDROW) (the “Company” or “Codere Online”), a leading online gaming operator in Spain and Latin America, today announced that it has received formal notification from the Nasdaq Stock Market LLC ("Nasdaq") confirming that the Company has regained compliance with Nasdaq Listing Rule 5250(c)(1) and that the Company is therefore in compliance with the Nasdaq Capital Market’s listing requirements ...
Black Gold Expands Market Presence with Triple Listings
GlobeNewswire· 2025-06-06 10:00
BGX Unlocks Global Exposure with Listings on CSE, OTCQB, and FrankfurtVANCOUVER, B.C., June 06, 2025 (GLOBE NEWSWIRE) -- Black Gold Exploration Corp. (the “Company” or “BGX”) (CSE: BGX) (OTCQB: BGXCF) (FRA: BLGX) announces that its common shares are now trading under the symbol “BGXCF” on the OTCQB board of OTC Markets, a US trading platform that is operated by the OTC Markets Group in New York (the “OTC Listing”). The Company's common shares will continue to trade on the Company’s primary market, the Canad ...
ProVen Growth and Income VCT plc: Annual Financial Report
GlobeNewswire· 2025-06-06 09:53
Core Viewpoint - ProVen Growth and Income VCT plc reported its annual financial results for the year ended 28 February 2025, highlighting a decrease in net asset value per share and a consistent dividend yield [1][2]. Financial Performance - The net asset value (NAV) per ordinary share decreased to 50.2p as of 28 February 2025, down from 54.7p the previous year, reflecting a year-on-year change of (3.2)% [2]. - Total return, which includes net asset value plus dividends paid since the launch of the 'C' Share class, was 131.35p, slightly down from 133.1p [2]. - Dividends paid for the year remained stable at 2.75p per share, resulting in a dividend yield of 5.2% based on the opening NAV per share at 1 March 2024 [2][4]. Dividend Proposal - The Board proposed a final dividend of 1.5p per share for the year ended 28 February 2025, subject to shareholder approval at the upcoming AGM [3]. - The total tax-free dividends for the year amount to 2.75p per share, providing a cash return to shareholders [4]. Annual General Meeting (AGM) - The next AGM is scheduled for 15 July 2025 at the offices of Beringea LLP, with options for shareholders to attend in person or via video conference [5][6]. - Shareholders are encouraged to submit their votes electronically and can submit questions in advance of the AGM [7][8]. Shareholder Engagement - The Annual Shareholder Event is set for 15 July 2025, providing an opportunity for shareholders to engage with the Investment Manager and the Board [10][11]. - The event will be held online to ensure broader access for the shareholder base of over 12,000 [11].
PROVEN VCT PLC: Annual Financial Report
GlobeNewswire· 2025-06-06 09:50
Core Points - ProVen VCT plc announced its final results for the year ended 28 February 2025, with the results approved by the Board on 5 June 2025 [1] Fund Overview - The net asset value (NAV) per Ordinary Share decreased from 65.2p in 2024 to 62.9p in 2025, reflecting a year-on-year change of -3.5% [2] - Total dividends paid since launch increased from 84.25p in 2024 to 87.5p in 2025 [2] - The total return, which includes net asset value plus dividends paid since launch, rose slightly from 149.45p in 2024 to 150.4p in 2025 [2] - The year-on-year change in NAV per Ordinary Share, adjusted for dividends paid, was a decrease of 1.5% [2] - The dividend yield remained stable at 5.1% for both years [2] Dividends - The Board proposed a final dividend of 1.75p per share for the year ended 28 February 2025, subject to shareholder approval at the upcoming AGM [3] - Total tax-free dividends for the year amounted to 3.25p per share, representing a cash return of 5.1% based on the opening NAV per share at 1 March 2024 [4] Annual General Meeting (AGM) - The next AGM is scheduled for 15 July 2025 at the offices of Beringea LLP in London [5] - Shareholders can attend the AGM in person or via video conference, with remote attendees unable to vote or ask questions [6][7] - Shareholders are encouraged to submit questions in advance via email [8] Shareholder Event - The Annual Shareholder Event will be held online on the morning of the AGM, providing an opportunity for shareholders to engage with the Investment Manager and Board [9][10] - The event aims to ensure equal access for all shareholders, with registration available online [11]
Treasury debt ratio declines by 5% upon settlement of HF-Fund
GlobeNewswire· 2025-06-06 09:27
The proposal for the settlement of HF-Fund was presented at meetings held on 10 April 2025 with bondholders in series HFF34 and HFF44. It was approved by a majority of votes. The value of the HFF bonds in the settlement is estimated at ma.kr 651. Thereafter, in a proposed fiscal budget supplement, authorisation for settlement was requested in accordance with the proposal. The proposed budget supplement was recently passed by Parliament. The settlement of HF-Fund’s obligations will take place on 12 June 202 ...
ANNOUNCEMENT Valuation of settlement assets
GlobeNewswire· 2025-06-06 09:22
ÍL Fund, as issuer of bonds in series HFF150434 and HFF150644, has decided to exercise its settlement authorisation on 12 June 2025 in accordance with item (i) of Article 7.A of the terms of the bonds, which was agreed to be added as a temporary provision at the Meeting of Noteholders held 10 April 2025. Further information in attachment. Attachment Tilkynning - Verðmat uppgjörseigna og hlutföll enska ...
Vantiva - Conditions of availability of information for the 20250630 CGM
GlobeNewswire· 2025-06-06 09:16
Press Release Regulated information Conditions of availability of the preparatory documents(Art. 221-1 AMF General Regulation)Combined Shareholders’ Meeting on June 30, 2025 Paris – June 6, 2025 – Vantiva (Euronext Paris: VANTI), a global technology leader in connectivity, Shareholders are invited to participate to the Combined Shareholders’ Meeting to be held on: Monday, June 30, 2025 at 2 p.m.,Auditorium10 Boulevard de Grenelle – 75015 Paris (France) The Preliminary Notice of Meeting, including the agend ...