Ongoing adjustments of the cost base and exceptionally high business wins have laid a foundation for future profitable growth. Kongsberg, February 25, 2025: Financial highlights Q4 2024 Revenues MEUR 185.2 (MEUR 211.0) EBIT MEUR +1.1 (MEUR -20.4) Net profit / loss MEUR -13.1 (MEUR -26.3) Free cash flow MEUR +4.2 (MEUR +4.4) Business Wins1 MEUR… Continue reading Improved financial performance despite weak market demand in 2024
Author: GlobeNews Newswire
Michelin: Fitch upgrades Michelin’s Long-Term rating by one notch to ‘A’, with a Stable outlook
Clermont-Ferrand, February 24, 2025 COMPAGNIE GÉNÉRALE DES ÉTABLISSEMENTS MICHELIN Fitch upgrades Michelin’s Long-Term rating by one notch to ‘A’, with a Stable outlook On February 21, 2025, Fitch Ratings has upgraded Michelin’s (Compagnie Générale des Etablissements Michelin and its main financial subsidiaries) Long-Term Issuer Default Rating (IDR) rating from ‘A-’ to ‘A’, with a Stable… Continue reading Michelin: Fitch upgrades Michelin’s Long-Term rating by one notch to ‘A’, with a Stable outlook
Michelin : Fitch rehausse la note à long terme de Michelin d’un cran à « A », avec une perspective stable
Clermont-Ferrand, le 24 février 2025 COMPAGNIE GÉNÉRALE DES ÉTABLISSEMENTS MICHELIN Fitch rehausse la note à long terme de Michelin d’un cran à « A », avec une perspective stable Le 21 février 2025, Fitch Ratings a rehaussé la note IDR (Issuer Default Rating) à long terme de Michelin (Compagnie Générale des Etablissements Michelin et ses… Continue reading Michelin : Fitch rehausse la note à long terme de Michelin d’un cran à « A », avec une perspective stable
FERRARI RELEASES ITS 2024 ANNUAL REPORT AND FILES ANNUAL REPORT ON FORM 20-F
Maranello (Italy), February 21, 2025 – Ferrari N.V. (NYSE/EXM: RACE) announced today that it has published its 2024 Annual Report and filed with the United States Securities and Exchange Commission its annual report on Form 20-F, including financial statements for the fiscal year ended December 31, 2024. The 2024 Sustainability Statement, prepared for the first… Continue reading FERRARI RELEASES ITS 2024 ANNUAL REPORT AND FILES ANNUAL REPORT ON FORM 20-F
DIVIDEND DISTRIBUTION PROPOSAL
Maranello (Italy), February 20, 2025 – Ferrari N.V. (NYSE/EXM: RACE) (the “Company”) announced today that its Board of Directors intends to recommend to the Company’s shareholders a dividend distribution to the holders of common shares of Euro 2.986 per common share, with an increase of approximately 22% compared to the prior year and corresponding to… Continue reading DIVIDEND DISTRIBUTION PROPOSAL
2024 results: Solid growth, record operating profit and net cash; Financial guidance exceeded
Press ReleaseFebruary 20, 2025 20250220_Renault Group_Press Release_2024 FY results 2024 results: Solid growth, record operating profit and net cash Financial guidance exceeded Record profitability and cash generation, exceeding 2024 FY financial guidance: Group revenue: €56.2bn, +7.4% and +9.0% at constant exchange rates1 vs 2023. This robust performance is driven by our complementary auto brands,… Continue reading 2024 results: Solid growth, record operating profit and net cash; Financial guidance exceeded
Résultats 2024 : Forte croissance, résultat opérationnel et position nette financière records; Résultats au-dessus des perspectives financières
Communiqué de presse20 février 2025 20250220_Renault Group_Communique de presse_Résultats 2024 Résultats 2024 : Forte croissance, résultat opérationnel et position nette financière records Résultats au-dessus des perspectives financières Rentabilité record et génération de trésorerie dépassant les perspectives financières 2024 : Chiffre d’affaires du Groupe : 56,2 milliards d’euros, +7,4 % et +9,0 % à taux… Continue reading Résultats 2024 : Forte croissance, résultat opérationnel et position nette financière records; Résultats au-dessus des perspectives financières
Fireman Access, an exclusive innovation by Renault Group, is now available with a free licence
PRESS RELEASE18 February 2025 FIREMAN ACCESS, AN EXCLUSIVE INNOVATION BY RENAULT GROUP, IS NOW AVAILABLE WITH A FREE LICENCE Renault Group is making its Fireman Access system available to the global automotive industry as part of a free licencing policy. An exclusive safety system for electric vehicles, Fireman Access was developed as part of a… Continue reading Fireman Access, an exclusive innovation by Renault Group, is now available with a free licence
Le Fireman Access, innovation exclusive Renault Group, est désormais disponible en licence gratuite
COMMUNIQUÉ DE PRESSE18 février 2025 LE FIREMAN ACCESS, INNOVATION EXCLUSIVE RENAULT GROUP, EST DÉSORMAIS DISPONIBLE EN LICENCE GRATUITE Renault Group met gratuitement à disposition de l’industrie automobile mondiale une licence sur son Fireman Access, un dispositif de sécurité exclusif pour véhicules électriques développé dans le cadre d’un partenariat unique avec les sapeurs-pompiers. Innovation brevetée, ce dispositif… Continue reading Le Fireman Access, innovation exclusive Renault Group, est désormais disponible en licence gratuite
Reminder: Invitation to Kongsberg Automotive’s Q4 2024 Earnings Call
Kongsberg, February 17, 2025: Kongsberg Automotive (KA) will release its Q4 2024 results on Tuesday, February 25, 2025, at approximately 07:00 CET. President & CEO and CFO Christian Johansson will present the results during a webcast at 09:00 CET and will host a Q&A session after the presentation. The event is open to the public and… Continue reading Reminder: Invitation to Kongsberg Automotive’s Q4 2024 Earnings Call