PRESS RELEASEMay 9, 2025 RENAULT GROUP STRENGTHENS VALUE SHARING THROUGH EMPLOYEE SHARE OWNERSHIP With the 4th edition of its employee share ownership plan, Renaulution Shareplan, Renault Group reaffirms its ambition to build an inclusive and participative company model. As of December 31, 2024, employees held 5.63% of the company’s share capital. In 2025, the Group… Continue reading Renault Group strengthens value sharing through employee share ownership
Author: GlobeNews Newswire
Renault Group renforce le partage de la valeur à travers l’actionnariat salarié
COMMUNIQUÉ DE PRESSE9 mai 2025 RENAULT GROUP RENFORCE LE PARTAGE DE LA VALEUR À TRAVERS L’ACTIONNARIAT SALARIÉ Avec la 4e édition de son plan d’actionnariat salarié Renaulution Shareplan, Renault Group réaffirme son ambition de bâtir un modèle d’entreprise inclusif et participatif. Au 31 décembre 2024, les salariés détenaient 5,63 % du capital. En 2025, le… Continue reading Renault Group renforce le partage de la valeur à travers l’actionnariat salarié
Magna Announces 2025 Annual & Special Meeting Results
AURORA, Ontario, May 08, 2025 (GLOBE NEWSWIRE) — Magna International Inc. (TSX: MG; NYSE: MGA) today announced voting results from its 2025 annual and special meeting of shareholders held on May 8, 2025. A total of 221,621,186 Common Shares or 78.66% of our issued and outstanding Common Shares were represented in person or by proxy… Continue reading Magna Announces 2025 Annual & Special Meeting Results
Kongsberg Automotive wins a new contract worth approximately EUR 20 million in estimated lifetime revenue in fast-growing EV segment
Kongsberg, May 7, 2025: Kongsberg Automotive (KA) has won a new four-year contract worth approximately EUR 20 million in estimated lifetime revenue for its Dog Clutch Actuator (DCA). The DCA, developed by KA, is designed for gear-shifting and decoupling applications for multi-speed transmissions, either electric axle or central drive for hybrid, battery electric, and fuel… Continue reading Kongsberg Automotive wins a new contract worth approximately EUR 20 million in estimated lifetime revenue in fast-growing EV segment
Lower demand drives YoY decline in revenues and EBIT- further cost reduction initiatives and changes underway
Kongsberg, May 7, 2025: Financial highlights Q1 2025 Revenues MEUR 190.0 (MEUR 212.1) EBIT MEUR 2.2 (MEUR 10.1) Net profit / loss MEUR -2.2 (MEUR -0.4) Free cash flow MEUR -10.5 (MEUR -14.9) Business wins (lifetime revenue) MEUR 136.6 (MEUR 450.0) Kongsberg Automotive (KA) has published its results for Q1 2025 with revenues of MEUR… Continue reading Lower demand drives YoY decline in revenues and EBIT- further cost reduction initiatives and changes underway
ANOTHER STRONG START TO THE YEAR SUSTAINED BY PRODUCT MIX
Net revenues of Euro 1,791 million, up 13.0% versus prior year, with total shipments of 3,593 units Operating profit (EBIT)(1) of Euro 542 million, up 22.7% versus prior year, with Operating profit (EBIT) margin of 30.3% Net profit of Euro 412 million and diluted EPS at Euro 2.30 EBITDA(1) of Euro 693 million, up 14.6%… Continue reading ANOTHER STRONG START TO THE YEAR SUSTAINED BY PRODUCT MIX
Magna Announces First Quarter 2025 Results
Comparing the first quarter of 2025 to the first quarter of 2024: – Sales decreased 8% to $10.1 billion, as global light vehicle production decreased 3%, which included 8% and 5% declines in Europe and North America, respectively – Diluted earnings per share of $0.52 and Adjusted diluted earnings per share of $0.78, compared to… Continue reading Magna Announces First Quarter 2025 Results
Martinrea International Inc. Reports First Quarter Results and Declares Dividend
TORONTO, May 01, 2025 (GLOBE NEWSWIRE) — Martinrea International Inc. (TSX : MRE), a diversified and global automotive supplier engaged in the design, development and manufacturing of highly engineered, value-added Lightweight Structures and Propulsion Systems, today announced the release of its financial results for the first quarter ended March 31, 2025, and declared a quarterly… Continue reading Martinrea International Inc. Reports First Quarter Results and Declares Dividend
Kongsberg Automotive- Notice of the Annual General Meeting
Kongsberg Automotive ASA will hold its Annual General Meeting at 10:00 (CET) on May 23, 2025. The Notice for the Annual General Meeting with appendices is attached and will also be made available on the company’s website: www.kongsbergautomotive.com. The meeting will be conducted as a digital meeting only. Further information about digital attendance is included… Continue reading Kongsberg Automotive- Notice of the Annual General Meeting
Highlights of Renault Group’s 2025 Annual General Meeting
PRESS RELEASEApril 30 2025 HIGHLIGHTS OF RENAULT GROUP’S 2025 ANNUAL GENERAL MEETING Renault Group’s Annual Shareholders’ Meeting took place today, April 30, in Boulogne-Billancourt. The 24 resolutions submitted to the vote of the shareholders were adopted. This annual meeting was also an opportunity for Jean-Dominique Senard, Chairman of the Board of Directors, and Luca… Continue reading Highlights of Renault Group’s 2025 Annual General Meeting