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 Lenovo resumes year-on-year revenue growth – performance driven by resilience of core businesses and effectiveness of transformation

(BUSINESS WIRE)--Lenovo Group Limited (HKSE: 992) (ADR: LNVGY), together with its subsidiaries (‘the Group’), today announced third quarter results reporting Group revenue increasing 3% year-on-year to US$15.7 billion, and Group profitability improving quarter-to-quarter for the second time in a row. Net income was US$357 million on a non-Hong Kong Financial Reporting Standards (non-HKFRS)[1] basis, with net income margin up 0.4% quarter-to-quarter to 2.3%. The Group’s diversified growth engines continued to deliver strong performance, with revenue from non-PC businesses accounting for 42% of Group revenue, up 1.3 points year-on-year.

The consistent quarter-to-quarter improvements over past quarters have been driven by the resilience of the Group&rsq ... Read more »

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HOUSTON - Thursday, 22. February 2024

Partnership with HGGC Will Empower Rimkus to Deepen Expertise and Expand Market Reach

(BUSINESS WIRE) -- Rimkus Consulting Group, Inc. ("Rimkus"), a worldwide leader in engineering and technical consulting, today announced that the firm has received a strategic growth investment from HGGC, a leading middle-market investment firm. Existing minority investor Century Equity Partners and the Rimkus management team will be rolling significant equity into the transaction. Financial details of the deal were not disclosed.

“We are excited to welcome HGGC as a strategic partner. Their investment not only recognizes the Rimkus team’s hard work and dedication but also empowers us to accelerate our growth trajectory. With HGGC’s expertise and resources, we’re poised to reach new heights and expand our service offerings to provide even greater value for our clients,” said Jonathan Higgins, Presi ... Read more »

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 GameCentric aims to triple its user base across the region, with the region projected to reach 88 million gamers by 2026



GameCentric the region's newest gaming platform at the forefront of connecting brands with gamers has raised USD 1.5 Million (AED 6 ... Read more »

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 Hikma Pharmaceuticals PLC (‘Hikma&rsqu ... Read more »

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SEATTLE - Thursday, 22. February 2024 AETOSWire

Transformative, instrument-free solution for single cell RNA sequencing updated with improved sensitivity, faster workflow

(BUSINESS WIRE)--Parse Biosciences, a leading provider of accessible and scalable single cell sequencing solutions, today announced a significant update to the company’s flagship Evercode™ Whole Transcriptome products. Available to ship in mid-March, Evercode Whole Transcriptome version 3 kits offer researchers a more streamlined workflow, more flexible and higher throughput fixation, and optimized reagents for improved sensitivity in gene detection.

With the new version, customers will enjoy a more streamlined and flexible workflow, helping them move from samples to results more quickly. These enhancements are delivered while significantly improving upon the previous version’s sensitivity and library complexity, giving researchers higher biological resolution and insight i ... Read more »

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NEUILLY-SUR-SEINE, France - Thursday, 22. February 2024 AETOSWire Print (BUSINESS WIRE) -- Bureau Veritas, a global leader in the Testing, Inspection and Certification (TIC) industry, announces the acquisition of the Conformity Assessment entity from ANCE Estándares S.C.: “ANCE S.A de C.V.” (Asociación de Normalización y Certificación), a leader in testing and certification services for electrical and electronic products in Mexico. ANCE S.A de C.V. is the Mexican leader for conformity assessment covering many segments including electrical and electronic products, household appliances, and lighting and wireless products. ANCE S.A de C.V. is a strategic partner to a wide portfolio of domestic clients including manufacturers, retailers, importers, and brands in Mexico, but also worldwide. The company employs around 400 people across its various laboratories across the country and generated a revenue of c.€21 million in 2023. Through this acquisition Bureau Veritas will establish a ce ... Read more »
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(BUSINESS WIRE) -- The company Swiss Advanced Vision (SAV-IOL SA) has announced the launch of New Features for its Toric Calculator improving the overall calculation experience. For the first-time ever ophthalmologists will be able to use a web-based configurator to help defining the best incision location to minimize residual astigmatism post-surgery based on optical parameters of the patient. And this, for all type of lenses.

SAV-IOL Toric Calculator facilitates selection of toric intraocular lenses which help to correct astigmatism, a widespread eye condition that causes blurred vision, discomfort, and potential headaches.
Next to the unique Incision Location Optimization tool indicating at which incision angle the residual astigmatism becomes the lowest (based on biometry, keratometry, cylinder power and SIA amplitude), the PCA can now be included in the calculation which increases the post-operative predictability. Important to note that this service is available ... Read more »

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ADDIS ABABA, Ethiopia - Thursday, 22. February 2024 AETOSWire

Initial equity is part of $130 million first-phase investment in Roha Medical Campus
Ethiopia on $5 billion African medical tourism map with one of most significant healthcare developments
Africa’s second-largest nation has acute need for hospital capacity, with only 6% of beds required: WHO
(BUSINESS WIRE)--In a milestone for one of Africa’s biggest healthcare developments, Roha Medical Campus (RMC) announces it has received fresh investment from shareholders for a major new advanced multispecialty hospital in Addis Ababa, bringing total initial capital to US$42 million.

The equity funding represents the first tranche of a US$130 million investment to build phase 1 of Roha Medical Campus, a 350-bed world-class hospital. Additional shareholder funding as well as US$70 million in debt led by a development finance institution are earmarked for the first half of 2024. Already mid ... Read more »

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ESPOO, Finland - Thursday, 22. February 2024

(BUSINESS WIRE) -- Tecnotree, a global digital platform and services leader for AI, 5G, and cloud-native technologies, today announced its financial results for the fourth quarter and full year of 2023. The company delivered record revenue at 78.4 M Euros, outperforming global market trends, with excellent demand for Tecnotree products. Tecnotree experienced the highest-ever order intake at 95.4 M Euros and secured 12 new logos including 3 Tier-1 operators in Scandinavia and North America regions, reflecting an increased demand for digital cloud offerings.

Key highlights of the fourth quarter 2023:

Net sales increased 10.4% to EUR 22.2 (20.1) million

Operating results increased 29.5% to EUR 7.9 (6.1) million

The result for the period decreased by 22.5% mainly due to a higher exchange loss of EUR 2.4 (3.1) million

Operating Cash flow EUR 4.7 (0.6) million

Earnings per share EU ... Read more »

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(BUSINESS WIRE) -- Regulatory News:

2023 Key Figures1

  • Revenue of EUR 5,867.8 million for the full year 2023, up 8.5% organically and up 3.8% on a reported basis (including a positive 0.6% scope effect and a negative 5.3% currency fluctuations)
  • In the fourth quarter, organic revenue growth achieved 9.4%
  • Adjusted operating profit of EUR 930.2 million, up 3.1% versus EUR 902.1 million in 2022, representing an adjusted operating margin of 15.9%, down c.10 basis points on a reported basis, and up 20 basis points organically at 16.2% (of which +c.50bps in H2 2023)
  • Operating profit of EUR 824.4 million, up 3.1% versus EUR 799.3 million in 2022
  • Attributable net profit of EUR 503.7 million, up 7.9% versus EUR 466.7 million in 2022
  • Adjusted net profit of EUR 574.7 million (adjusted EPS of EUR 1.27 per share), up 7.6% versus EUR 533.9 million in 2022 and up 17.6% at constant currency
  • ... Read more »
Views: 7 | Added by: africa-live | Date: Yesterday | Comments (0)

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