(IN BRIEF) E.ON and Siemens have signed a global framework agreement to strengthen E.ON’s public charging infrastructure across Europe. The collaboration will deploy Siemens’ SICHARGE D high-power chargers and Sifinity Control backend system, optimizing network management and reliability. The agreement … Read the full press release
Posted in Automotive, Energy, Gas & Oil, Industrial, Infrastructure & Utilities, Switzerland, Transportation & Logistics
Tagged Arjan van der Eijk, charging stations, Commercial Vehicles, decarbonization, E.ON, E.ON Drive Infrastructure, electric cars, electric vehicle charging, emobility, Europe, fast charging, Germany, High-Power Chargers, IoT-enabled substations, Italy, Markus Mildner, Megawatt charging, network management, profitability, Public Charging Infrastructure, Road transport, SICHARGE D, Siemens, Siemens Smart Infrastructure, Sifinity Control, Sweden, UK
(IN BRIEF) KION Group reported a significant increase in profitability for the first half of 2024, with revenue rising by 2% to €5.736 billion and adjusted EBIT improving by 28% to €447 million. The company saw improvements in both its … Read the full press release
Posted in Business, Economy, Financial, Government, Industrial, Investment, Management, News, Transportation & Logistics
Tagged Financial, investment, KION Group, profitability, Rob Smith
(IN BRIEF) International technology group ANDRITZ has announced satisfactory business development in the first quarter of 2024, with stable profitability despite a slight decrease in revenue. While total order intake declined from the previous year’s high, orders for green technologies … Read the full press release
Posted in Austria, Business, Economy, Financial, Industrial, Investment, Management, News, Technology
Tagged Andritz, economic challenges, Financial, investment, Joachim Schönbeck, profitability
(IN BRIEF) CANCOM Group concluded the 2023 fiscal year with remarkable financial results, including a 17.8% increase in revenue to €1,522.7 million and a notable rise in EBITDA to €115.7 million. CEO Rüdiger Rath attributes this success to strategic acquisitions … Read the full press release
Posted in Business, Financial, Germany, Management, Technology
Tagged CANCOM Group, EBITDA, economic challenges, ERP system, expansion, financial performance, forecast, integration, KBC Group, Market development, Operational improvements, profitability, revenue growth, Rüdiger Rath, Strategic acquisitions
(IN BRIEF) Tibnor, a subsidiary of SSAB, has announced plans to adjust its operations in response to lower demand and profitability. The measures, intended to achieve annual cost savings of around SEK 150 million, will encompass all Tibnor business areas … Read the full press release
Posted in Business, Financial, Industrial, Management, Metals and Minerals, News, Sweden
Tagged Cost-saving Measures, Financial, Fredrik Haglund, profitability, SSAB, Staff Reduction, Tibnor
(IN BRIEF) Cargotec Corporation has announced its half-year financial report for January-June 2023, revealing record-high profitability. The company experienced a strong rebound in orders received, reaching pre-COVID levels. Sales increased by 25%, and a record-high comparable operating profit margin of … Read the full press release
(IN BRIEF) Volkswagen Group has announced a strategic realignment and the launch of performance programs to enhance profitability and cash flow. At its Capital Markets Day, the Group emphasized leadership principles focused on customer orientation and entrepreneurship. Each brand will … Read the full press release
Accelerating growth momentum in Group’s own retail business supports sales expansion in third quarter Rise in sales and significantly higher gross profit margin drive operating profit increase Management forecasts sales and earnings improvements of between 6% and 8% for 2013 as … Read the full press release
Clear return to profitability after only one year under the new shareholders Sustained growth of commercial activities Strong net income growth from 18 to 67 million euros as at June 30, 2013 A 5% increase in the customer deposit balance … Read the full press release
Ahlstrom Corporation STOCK EXCHANGE RELEASE August 7, 2013 at 09.00 a.m. 08-8-2013 — /EuropaWire/ — This is a summary of Ahlstrom’s January-June 2013 interim report. The complete January-June 2013 interim report with tables is attached to this release and available at www.ahlstrom.com … Read the full press release
23-7-2013 — /EuropaWire/ — In the second quarter of 2013, Telenor Group reported revenues of NOK 25.7 billion, representing an organic revenue growth of 2%. EBITDA before other items was NOK 8.86 billion, EBITDA margin was 34%, and operating cash flow … Read the full press release
Posted in Business, Financial, Investment, Norway, Telecom
Tagged GROWTH, Jon Fredrik Baksaas, profitability, Q2 2013, revenues, Telenor Group
20-5-2013 — /europawire.eu/ — The Board of Directors of the Altran group will submit a proposed payout of €0.09 per share for shareholders’ approval at the Annual General Meeting on 28 June 2013. This payout will be financed from funds held … Read the full press release
• Revenues increase 9 percent to € 12.4 billion • EBIT* before one-off rises 56 percent to € 741 million • Net Income rises 91 percent to € 241 million Amsterdam 14-5-2013 — /europawire.eu/ — EADS (stock exchange symbol: EAD) achieved … Read the full press release
Posted in Aviation & Aerospace, Business, Defence, Financial, France, Germany, Netherlands, Security & Safety
Tagged Amsterdam, commercial aircraft, EAD, EADS, EBIT* before one-off, Net income, profitability, Q1 2013 Results, Reports, revenues, Tom Enders
Improved portfolio and geographic balance generates solid results in a mixed market Revenues steady to higher in all divisions1; Thomas & Betts on track Operational EBITDA2 and margin higher, continued solid execution on cost savings Zurich, Switzerland, 26-4-2013 — /europawire.eu/ — ABB … Read the full press release
Posted in Business, Electronics & Machinery, Energy, Gas & Oil, Financial, Industrial, Management, Switzerland
Tagged 1, 1000 kilowatt high-efficiency solar inverter, ABB, ABB Q1, acquisitions, Balance sheet, cash flow, EBITDA, EBITDA margin, industrial efficiency, Joe Hogan, Net debt, non-GAAP, onboard direct current, photovoltaic power generation, power electronics, power reliability, profitability, renewable energy, revenue, Thomas & Betts, truly modular uninterrupted power supply, Zurich
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