PAION AG PUBLISHES GROUP QUARTERLY STATEMENT FOR THE FIRST QUARTER OF 2021
DGAP-News: PAION AG / Key word(s): Quarterly / Interim Statement
12.05.2021 / 07:30
PAION AG PUBLISHES GROUP QUARTERLY STATEMENT FOR THE FIRST QUARTER OF 2021
- Remimazolam launches in the U.S. and South Korea in the first quarter of 2021
- EU market approval received for remimazolam in procedural sedation in March 2021
- Good progress in commercialization of remimazolam in the U.S., Japan, China and South Korea through our partners
- Expansion of European product portfolio with GIAPREZA
(R) and XERAVA
- Successful rights issue of EUR 7.8 million completed in April 2021
- Revenues of EUR 3.2 million
AGI Announces First Quarter 2021 Results
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WINNIPEG, MB, May 11, 2021 /CNW/ - Ag Growth International Inc. (TSX: AFN) ( AGI , the Company , we or our ) today announced its financial results for the three-months ended March 31, 2021.
First Quarter 2021 Highlights
Consolidated trade sales increased 12% to $256M on a year-over-year ( YOY ) basis
Adjusted EBITDA increased 52% to $39M on a YOY basis
Adjusted EBITDA margin of 15.3% vs 11.2% on a YOY basis
Total backlog increased 40% on a YOY basis as of the end of the quarter
Outlook
Supported by healthy demand and a strong backlog, up 42% YOY as of late April, we expect robust trade sales growth throughout 2021.
SYNLAB delivers record growth in Q1 2021
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DGAP-News: SYNLAB AG / Key word(s): Quarter Results
12.05.2021 / 07:30
SYNLAB delivers record growth in Q1 2021
- Nearly doubling revenue (+96%) in Q1 21 at EUR 938 million
- Strong SARS-CoV-2 testing volumes in Q1 21, above Q4 20
- Sustained underlying organic growth
- Adjusted EBITDA multiplied by 3.8x at EUR 324 million, margin showing strong volume leverage
- Record unlevered FCF of EUR 182 million driving major leverage ratio reduction at 2.3x, pre-IPO
- M&A activity resuming, with 10 acquisitions completed year-to-date (~EUR 44 million of EV)
- Successful IPO, with EUR 400 million raised to further reduce leverage
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Share this article A Supplemental Information section was added to the 2021 First Quarter Report in order to normalize key financial metrics due to the February 2021 Texas Events. The information contained within this press release is presented on a normalized basis.
Unprecedented weather conditions in Texas negatively impacted financial results in the first quarter of 2021.
Revenues Proportionate, on a normalized basis, up 1% to $166.5 million in Q1 2021 compared with Q1 2020.
Adjusted EBITDA Proportionate, on a normalized basis, down 2% to $113.6 million in Q1 2021 compared with Q1 2020.
Construction activities at the Hillcrest solar project and Griffin Trail wind project are progressing well.
Flexible reporting standards mean investors know little about when companies used emergency wage subsidies theglobeandmail.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from theglobeandmail.com Daily Mail and Mail on Sunday newspapers.