Medios AG starts the 2021 financial year with a record quarter
11.05.2021 / 07:21
Press Release
Group sales and earnings nearly doubled in Q1 2021
First-time consolidation of Cranach Pharma GmbH
Outlook 2021: Almost doubling of group sales and significant increase in earnings
Berlin, 11 May 2021 - Medios AG ( Medios ), the leading provider of Specialty Pharma Solutions in Germany, confirms its forecast for the 2021 financial year after a successful first quarter. Group sales in the period from January to March 2021 increased by 94.0% to ?315.9 million compared to the same period of the previous year (?162.8 million). EBITDA pre
1 increased by 106.5% to ?8.8 million (previous year ?4.3 million). EBT pre
1 climbed by 90.7% to ?7.1 million (previous year ?3.7 million). Thus, both group sales and earnings reached new record levels. Both operating segments contributed to the growth in group sales as well as earnings with improved operating margins.
4 of $5.0 million, or $0.03 per basic share
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Sandeep Singh, President and CEO of Osisko commented on the activities of the first quarter of 2021: The first quarter saw our royalty and streaming business continue to generate record cash margins and strong operating cash flows. This bodes well as our operating assets continue to perform, ramp up and expand over the coming quarters. We were also able to, relatively cheaply, acquire medium and longer-term royalty exposure to some highly promising exploration and development properties while maintaining a disciplined approach to growth.
In Q1, we also progressed our ambition to be a leader in the Environmental, Social and Governance ( ESG ) space with the publication of our inaugural ESG report and by entering into an investment and strategic partnership with Carbon Streaming Corp. The partnership leverages our streaming expertise to fund capital projects that reduce greenhouse gas emissions.
PolitiFact s ruling: False
Here s why: For more than a decade, an interesting statistic about the cost of corruption has been showing up in statements and reports from organizations like the United Nations and the World Economic Forum.
Most recently, it came out of the mouth of Vice President Kamala Harris. Around the world, we know that corruption inhibits shared prosperity, Harris said May 4, at a conference on the Americas. In fact, the global cost of corruption is as much as 5% of the world s GDP.
How accurate is that number? While it’s an often-cited statistic, no one could tell us where the estimate ultimately comes from, or what data or research was used to come up with it.
Winnebago Industries joins United Nations Global Compact
EDEN PRAIRIE, Minnesota â Winnebago Industries Inc. has joined 12,000-plus global signatories to the United Nations Global Compact, a corporate sustainability initiative designed to advance universal principles on human rights, labor, environment and anti-corruption.
Since 2018, Winnebago Industries has embarked on a newly focused corporate responsibility strategy with environmental, social and governance priority topics. The company reports its progress through an annual corporate responsibility report.
As a signatory, Winnebago Industries confirms its support of the United Nations Global Compact’s Ten Principles and commits to integrating those principles into its strategy. For more information, read the Winnebago Industries 2020 Corporate Responsibility Report at winnebagoind.com/responsibility.