Press release content from Globe Newswire. The AP news staff was not involved in its creation.
FULL-YEAR 2020 RESULTS & STRATEGIC UPDATE
REXELFebruary 11, 2021 GMT Q4 sales demonstrate agility to capture first signs of recovery in all geographies Strong discipline in opex management Robustness & resilience of our FCF conversion rate in FY 2020 2023 ambition: Further sales growth outperformance & adjusted Ebita margin above 6% at constant scope
→ Sales of €3,389.0m in Q4 2020, exceeding expectations, demonstrating our agility to capture first signs of recovery thanks to an intact branch network and our best-in-class digital offer
On a constant and same-day basis, sales down -0.7% in Q4 20, with progressive improvement in all geographies and North America recovering from a lower base
Aspo Oyj: Aspo Group Financial Statement Release, January 1 to December 31, 2020
Aspo Group Financial Statement Release, January 1 to December 31, 2020
Aspo Q4: A strong conclusion to a challenging year, record-high operating profit and cash flow during the quarter
October-December 2020 - Aspo s net sales decreased and were EUR 133.5 (147.0) million. - Operating profit increased from the comparative period and was EUR 7.6 (5.4) million. - Profit for the period increased and was EUR 6.1 (3.7) million. - Earnings per share increased and were EUR 0.19 (0.10). - Operating profit of ESL Shipping was EUR 4.8 (4.4) million, Leipurin EUR 0.2 (1.1) million, and Telko EUR 4.1 (0.9) million. - Net cash from operating activities was EUR 25.1 (18.9) million.
Press release content from Globe Newswire. The AP news staff was not involved in its creation.
First Merchants Corporation Elects Susan Brooks, Mark Hardwick to Its Board of Directors
First Merchants CorporationFebruary 11, 2021 GMT
MUNCIE, Ind., Feb. 11, 2021 (GLOBE NEWSWIRE) First Merchants Corporation, a $14.1 billion financial holding company, has elected Susan Brooks and Mark Hardwick to the Board of Directors of First Merchants Corporation and First Merchants Bank. Brooks represented Indiana’s 5th Congressional District in the U.S. House of Representatives, and Hardwick is Chief Executive Officer of First Merchants Corporation and First Merchants Bank. Both Ms. Brooks and Mr. Hardwick will be on the ballot for continuing terms at the Corporation’s Annual Shareholder Meeting in May 2021.
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Grupo Cementos de Chihuahua a leading supplier and producer of cement and concrete in the United States, Mexico and Canada, has announced its results for the fourth quarter and full year 2020.
2020 full year highlights:
US cement volumes grew 5%, excluding oil well cement. Total cement volumes decreased 3%, while concrete volumes increased 4.3%.
Mexico sales increased 8% in local currency as cement volumes increased 3.3%. Mexico sales decreased 3% in US dollars.
Consolidated net sales totalled US$937.8 million for the full year.
EBITDA increased 5.6% to US$308.3 million with a 32.9% EBITDA margin and a 160 basis-point increase.
Free cash flow totalled US$250.6 million with an 81.3% conversion rate from EBITDA.