Business Wire

• Revenue Growth of +5.9% at Actual Exchange Rates (AER); +1.5% at Constant Exchange Rate (CER) Driven by Growth & Launch Products
• Core Operating Profit Change of -13.3% at CER Reflecting Generic Impact and Investment in R&D and Data, Digital & Technology
• Three New Molecular Entity (NME) Approvals from U.S. FDA in FY2023
• Up to Six NMEs with Significant Revenue Potential in Phase 3 Development in FY2024
• Committed to 100-250 Basis Points Core Operating Profit... (continue reading...)

Delivers solid sequential quarterly improvement in sales of $1.7 billion and adjusted EBITDA of $362 million

TEL AVIV, Israel--(BUSINESS WIRE)-- ICL (NYSE: ICL) (TASE: ICL), a leading global specialty minerals company, today reported its financial results for the first quarter ended March 31, 2024. Consolidated sales were $1.7 billion versus $2.1 billion in the first quarter of last year. Operating income was $203 million versus $465 million, while adjusted... (continue reading...)

Income-Generating Hotel Portfolio Concentrated in London and Other Major UK Cities

LONDON--(BUSINESS WIRE)-- Ares Management Corporation (“Ares”) (NYSE: ARES), a leading global alternative investment manager, announced today that funds managed by Ares Real Estate have acquired a hotel portfolio from Landsec alongside hotel operating partner EQ Group (“EQ”), a leading European hospitality investment and management platform.

Prior to the acquisition, the... (continue reading...)

• Revenues at € 781.6 million in 1Q24, +6.0% Y/Y
• EBITDA at € 361.7 million in 1Q24, +8.6% Y/Y, with c. +112 bps EBITDA margin expansion
• 2024 Guidance confirmed
• Up to € 500 million share buy-back program launched today

MILAN--(BUSINESS WIRE)-- The Board of Directors of Nexi S.p.A. approved on May 8th the Group’s consolidated financial results as of March 31st 2024.

Key consolidated financial managerial results1

In 1Q24 the Group delivered... (continue reading...)

MILPITAS, Calif.--(BUSINESS WIRE)-- Please replace the release dated May 8, 2024 with the following corrected version due to multiple revisions.

The updated release reads:

CORSAIR PURSUING AN ACQUISITION OF FANATEC, THE LEADING BRAND FOR SIM RACING HARDWARE

CORSAIR® (Nasdaq: CRSR) announced today that it has entered exclusive negotiations to acquire sim racing specialist Endor AG, owners of the world famous Fanatec brand. CORSAIR has reached an agreement with... (continue reading...)