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Bion Announces First Offtake Commitments for its Organic Nitrogen Fertilizer
Globenewswire· 2025-05-27 12:20
Core Viewpoint - Bion Environmental Technologies, Inc. has received initial Letters of Interest (LOIs) for its OMRI Listed nitrogen fertilizer from two major distributors on the West Coast, indicating strong market demand for its products [1][4]. Group 1: Letters of Interest - Perfect Blend has executed an LOI for 50,000 gallons of fertilizer at $7.00 per pound, with the production facility location yet to be determined [2]. - Yield RMG has executed an LOI for 100,000 gallons at the same price of $7.00 per pound, also with the production facility location to be determined [3]. - The LOIs are non-binding until Bion identifies and commences development of projects to supply the products, after which delivery timelines and production capacity will be established [4]. Group 2: Market Strategy and Opportunities - Bion has retained Philo Consulting to represent its fertilizer products to distributors in the organic grower market, including specialty field crops [5]. - The company is exploring niche agriculture markets related to indoor farming, such as vertical, hydroponic, and greenhouse systems, including cannabis [5]. - Bion is testing its products in the retail consumer segment and believes its organic products may appeal to turf and landscape applications, targeting parks, golf courses, and schools [5]. Group 3: Company Outlook - Craig Scott, Bion's CEO, expressed optimism about the transition from R&D to commercialization, highlighting demonstrated demand for their fertilizer products at attractive pricing [6]. - The company is entering new markets with demand for its products and anticipates additional offtake commitments that will support production [7]. - Bion's patented Ammonia Recovery System (ARS) aligns with global trends toward circular economy models and low-carbon agriculture, producing organic fertilizers from ammonia generated during biogas production [7].
Elis Capital Markets Day 2025
Globenewswire· 2025-05-27 06:00
Elis Capital Markets Day 2025 - Uniquely positioned for profitable and sustainable growth A financial strategy focused on enhancing shareholder returns London, 27 May 2025 - Elis, the leading multi-service provider of circular rental solutions for textiles, hygiene and wellness products, is today hosting its 2025 Capital Markets Day in London. During the event, CEO Xavier Martiré and members of the senior leadership team will present the Group’s strategic priorities and medium-term financial outlook. After ...
Aramis Group - 2025 first-half results
Globenewswire· 2025-05-19 15:51
Core Insights - Aramis Group reported strong financial performance in the first half of 2025, achieving double-digit revenue growth and a doubling of adjusted EBITDA, confirming its annual targets for the fiscal year [2][5][36] Financial Performance - Total revenues reached €1,213.3 million, reflecting an organic growth of +10.5% compared to the first half of 2024 [5][6] - Adjusted EBITDA increased to €32.8 million, up +102.7% from €16.2 million in the same period last year [5][21] - Net income for the first half of 2025 was €6.4 million, a significant recovery from a loss of €13.3 million in the first half of 2024 [20][41] Sales and Volumes - The company sold nearly 61,000 vehicles to private customers, marking a +10.2% increase in total B2C volumes compared to the first half of 2024 [2][4] - Refurbished car sales accounted for €806.5 million, up +10.3%, while pre-registered car sales reached €271.9 million, up +16.5% [6][10] Customer Satisfaction - Customer satisfaction remains high, with a Net Promoter Score (NPS) of 72, among the best in the industry, supported by an employee NPS of 55 [5][11] Market Position - Aramis Group continues to outperform the used car market, gaining market share in the segment of vehicles under 8 years old by 12 points [11][12] - The company has made significant progress in its strategic plan, including the unification of brand platforms across all geographies [2][5] Cash Flow and Debt Management - Cash generation for the first half of 2025 was €23.7 million, aided by improved operating working capital, which decreased to 24 days from 27 days year-over-year [5][25] - Net debt was reduced to €47.4 million from €61.0 million at the end of September 2024 [5][27] Geographic Performance - Revenue growth varied by country, with Belgium showing a notable increase of +18.9% and the United Kingdom at +19.0%, while Austria experienced a decline of -5.2% [7][15][16]
ARAMIS GROUP unveils a new unified brand identity across Europe
Globenewswire· 2025-05-12 15:46
Core Insights - Aramis Group is unifying its brand identity across Europe, reflecting its evolution from a French player to a European leader in the refurbished used car market [2][6] - The new brand identity aims to simplify and strengthen the Group's message, ensuring all brands share a common visual identity and promise [3][4] - The transformation will optimize marketing investments and maximize impact on a European scale [4] Sustainability Commitment - Aramis Group reaffirms its commitment to sustainable mobility by promoting refurbished used vehicles, supporting ecological transition, and reducing the carbon footprint of the automotive sector [5] - The approach aligns with a circular economy model, focusing on reducing waste and optimizing resource use [5] Company Overview - Aramis Group is the European leader in B2C online used car sales, operating in six countries with annual revenues exceeding €2 billion [7] - The Group sells over 110,000 vehicles B2C annually and attracts nearly 70 million visitors to its digital platforms each year [7] - Founded in 2001, Aramis Group employs more than 2,400 people and has eight industrial-scale refurbishing centers across Europe [7]
Food & Beverages Industry Impact Report, Q1 2025 - AI-Powered Solutions Transform Food Waste Management as Sector Faces $1 Trillion Annual Losses and Emissions Pressures
GlobeNewswire News Room· 2025-05-07 08:19
Core Insights - The report highlights the transformative impact of AI technologies on food waste management, addressing a $1 trillion annual challenge that contributes 8-10% to global greenhouse gas emissions [2][8] - Companies are encouraged to develop regionally balanced innovation networks and flexible technology roadmaps to adapt to tariff volatility and ensure waste reduction commitments remain achievable [3][9] Industry Innovations - Walmart is implementing AI-powered waste management systems to enhance inventory management, demand forecasting, and shelf-life optimization, yielding financial benefits while addressing environmental impacts [4] - PepsiCo's "Oscar Sort" initiative has increased recycling rates by up to 300%, showcasing how technological innovation can enhance circular economy principles in food packaging [5] Regulatory Landscape - The EU's binding food waste reduction targets are expected to reshape disclosure requirements and operational practices across the food sector, with companies demonstrating preparedness for CSRD reporting obligations [6] Technological Advancements - Tyson Foods' 2025 Demo Day is attracting technological solutions aimed at reducing waste throughout the production process, representing both risk mitigation strategies and potential competitive advantages [7] Challenges and Opportunities - Tariff escalations on food technologies and packaging materials are creating challenges for waste reduction initiatives, with 56% of companies reporting delays in investments due to trade uncertainties [9]
Martela Corporation’s Interim Report 1 January – 31 March 2025
Globenewswire· 2025-05-07 05:00
Core Insights - Martela Corporation reported improved revenue for Q1 2025 compared to Q1 2024, but the operating result remained a loss [1][4][10] - The company anticipates revenue growth for the full year 2025 and aims for an operating profit close to zero [3][4] Financial Performance - Revenue for Q1 2025 was EUR 25.6 million, a 26.6% increase from EUR 20.2 million in Q1 2024 [4][10] - The operating result was a loss of EUR 1.6 million, an improvement from a loss of EUR 2.2 million in the same period last year, reflecting a 29.6% reduction in losses [4][10] - The result before taxes improved to a loss of EUR 2.1 million from a loss of EUR 2.5 million, a 17.9% improvement [4][10] - Earnings per share improved to EUR -0.45 from EUR -0.60, a 24.43% reduction in losses [4][10] Market Demand and Orders - Customer demand strengthened in Q1 2025, with total new orders increasing by approximately 12% compared to Q1 2024 [7] - The order backlog at the end of Q1 2025 was approximately 30% higher than the same time last year [7] Strategic Focus and Outlook - The company is focusing on improving profitability and cash flow, with measures already implemented to enhance efficiency [12] - Martela plans to continue investing in customer engagement and developing service channels, while maintaining a circular economy service model [13] - The overall market situation is showing signs of gradual strengthening, with expectations for slight demand increases due to evolving work methods [14]
Outcome of Syensqo’s 2025 Annual General Meeting
Globenewswire· 2025-05-06 15:45
Outcome of Syensqo’s 2025 Annual General Meeting Brussels, Belgium – May 6, 2025 - 17:45 CEST Syensqo held its Annual General Shareholders’ Meeting today. Shareholders voted in favor of all the resolutions proposed. Rosemary Thorne, Chair of the Board of Directors, reflected on the company's first full year post-demerger, highlighting strategic initiatives undertaken in 2024 to strengthen its foundation amid macroeconomic uncertainties. Key initiatives included cost controls, capacity investments, a share ...
Court Ruling on Partial Approval of Creditors’ Claims in the Restructuring Proceedings of AUGA group, AB Has Taken Legal Effect
Globenewswire· 2025-05-05 15:13
The ruling of the Vilnius Regional Court dated 22 April 2025 (hereinafter, the “Ruling”) approved the claims of creditors that were not disputed by the insolvency administrator in the restructuring proceeding of AUGA group, AB, legal entity code 126264360 (hereinafter, the “Company”). Furthermore, the court also separated the examination of disputed creditors’ claims into separate proceedings. The total amount of undisputed claims stands at approximately EUR 41 million, whereas the disputed claims amount to ...
Tarkett- Information on the total number of voting rights and shares in Tarkett’s share capital as of April 30th, 2025
Globenewswire· 2025-05-05 13:09
Company Overview - Tarkett is a global leader in innovative and sustainable flooring and sports surface solutions, with a history of over 140 years [2] - The company generated a turnover of €3.3 billion in 2024 and employs nearly 12,000 people [2] - Tarkett operates 24 R&D centers, 8 recycling centers, and 35 production sites, serving customers in over 100 countries [2] Voting Rights and Shares - As of April 30, 2025, Tarkett has a total of 65,550,281 shares in its share capital [1] - The total number of theoretical voting rights is 123,798,861, while the number of exercisable voting rights is 123,780,302 after deducting treasury shares without voting rights [1]
CARBIOS files its 2024 Universal Registration Document
Globenewswire· 2025-05-02 16:00
Clermont-Ferrand (France), May 2, 2025 (6:00 pm CEST). CARBIOS, (Euronext Growth Paris: ALCRB), a pioneer in the development and industrialization of biological technologies to reinvent the life cycle of plastic and textiles, announces to its shareholders and the financial community that its 2024 Universal Registration Document including the annual report, the management report and the report on corporate governance was filed with the French Financial Market Authority (Autorité des marchés financiers) on Ap ...