Press release content from Business Wire. The AP news staff was not involved in its creation.
Valmont Reports Fourth Quarter and Full Year 2020 Results
February 17, 2021 GMT
OMAHA, Neb. (BUSINESS WIRE) Feb 17, 2021
Valmont Industries, Inc. (NYSE: VMI), a leading global provider of engineered products and services for infrastructure development and irrigation equipment and services for agriculture, today reported financial results for the fourth quarter and fiscal year ended December 26, 2020.
Fourth Quarter 2020 Highlights
(all metrics compared to Fourth Quarter 2019 unless otherwise noted)
Net Sales of $798.4 million increased 16.8% led primarily by significantly higher sales in Irrigation and Utility Support Structures
Operating Income of $54.1 million, or 6.8% of sales ($68.8 million or 8.6% of sales adjusted 1 ) compared to $50.8 million or 7.4% of sales last year
Press release content from Business Wire. The AP news staff was not involved in its creation.
Norge Mining plc - Publication of Mineral Resource Estimate
February 17, 2021 GMT
LONDON (BUSINESS WIRE) Feb 17, 2021
Norge Mining plc, the UK-based exploration company focused on Norway, announces the publication of a maiden Mineral Resource Estimate for the Øygrei area, which confirms the world-class 1 characteristics of the Company’s Bjerkreim Exploration Project in south west Norway.
Highlights
Maiden Mineral Resource Estimate of 1.55 billion tonnes, containing mean grades of 1.74% phosphorus pentoxide, 4.95% titanium dioxide and 0.07% vanadium pentoxide.
This is a world-class resource of EU Critical Raw Materials, defined as materials of strategic importance for the European economy but for which the EU currently relies on imported supply, and could potentially support a mine life in excess of 50 years.
Press release content from Globe Newswire. The AP news staff was not involved in its creation.
Vallourec reports fourth quarter and full year 2020 results
VALLOURECFebruary 17, 2021 GMT
Vallourec reports fourth quarter and full year 2020 results
Boulogne-Billancourt (France), February 17th 2021 – Vallourec, a world leader in premium tubular solutions, today announces its results for the fourth quarter and full year of 2020. The consolidated financial information was presented by Vallourec’s Management Board to its Supervisory Board on February 16th 2021. FY 2020: Strong impact of O&G market downturn on EBITDA mitigated by highly resilient margin
€3,242 million revenue, down 22% year-on-year (-15% at constant exchange rates)
Press release content from Globe Newswire. The AP news staff was not involved in its creation.
Mercer International Inc. Announces Appointments to Board of Directors
Mercer International Inc.February 17, 2021 GMT
NEW YORK, Feb. 17, 2021 (GLOBE NEWSWIRE) Mercer International Inc. (Nasdaq: MERC) today announced that Alice Laberge and Janine North, ICD.D, have been appointed to its board of directors effective February 17, 2021.
Ms. Laberge most recently retired from the board of the Royal Bank of Canada in January 2021, on which she served for over 15 years. She is a member of the boards of directors of Nutrien Ltd. and Russel Metals Inc. Ms. Laberge is also a director of the BC Cancer Foundation and the Canadian Public Accountability Board. She was President and Chief Executive Officer of Fincentric Corporation until 2005 and was previously Chief Financial Officer and Senior Vice-President of Finance for MacMillan Bloedel Limited. Ms. Laberge holds an MBA from the University of