Morrison Government grows electronic warfare talent pipeline miragenews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from miragenews.com Daily Mail and Mail on Sunday newspapers.
Hypersonic and directed-energy weapons: Who has them, and who’s winning the race in the Asia-Pacific? Mike Yeo, Nigel Pittaway, Usman Ansari, Vivek Raghuvanshi and Chris Martin
March 15
Photo credit: Imaginima/Getty Images MELBOURNE, Australia, ISLAMABAD, NEW DELHI, and WASHINGTON A number of countries in the Asia-Pacific region are caught up in the global hypersonic and directed-energy weapons race, with these regional powers having either developed or publicly stated intentions to develop such technology. Defense News has contacted regional government and military officials, businesses, and analysts to find out who is keeping pace in the worldwide contest.
China
Chinese military vehicles carry DF-17 ballistic missiles during a parade in Beijing on Oct. 1, 2019. (Mark Schiefelbein/AP)
Alpha Metallurgical Resources : Announces Fourth Quarter 2020 Results marketscreener.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from marketscreener.com Daily Mail and Mail on Sunday newspapers.
Alpha Announces Fourth Quarter 2020 Results
- Reports net loss from continuing operations of $55 million for the fourth quarter 2020
- Posts Adjusted EBITDA(1) of $7 million for the fourth quarter 2020
- Continues strong cost management across all operating segments
- Closes transaction divesting Cumberland Mine, furthering strategic repositioning towards a pure metallurgical coal producer
- Completes name change to Alpha Metallurgical Resources, Inc.
- Appoints new board members to diversify and enhance corporate governance
- Reiterates 2021 operating guidance
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BRISTOL, Tenn., March 15, 2021 /PRNewswire/ Alpha Metallurgical Resources, Inc. (NYSE: AMR), a leading U.S. supplier of metallurgical products for the steel industry, today reported results for the fourth quarter ending December 31, 2020.
1
Pure-play focus and powerful portfolio drove record In-Home organic sales growth of 9.1% in FY 20
Total organic sales growth accelerated from -1.1% in H1 to 0.7% in H2, with In-Home at 9.8% and Away-from-Home at -29.8% due to new lockdowns in Q4
Progress across all sustainability commitments, with notable increase in share of third-party certified/verified coffee; 87% of packaging designed to be reusable, recyclable or compostable
Organic adjusted EBIT growth of 6.2% to EUR 1,278 million in FY 20
Free cash flow of EUR 877 million, after one-off tax and IPO payments of EUR 277 million
Leverage improved to 3.2x, from 4.2x at the end of FY 19
Proposal to pay a total cash dividend of EUR 0.70 per share in two equal instalments