Michelin : Déclaration des transactions sur actions propres – 30/04/2024

23, Place des Carmes-Déchaux – 63000 CLERMONT-FERRAND Informations sur les opérations réalisées dans le cadre d’un programme de rachat d’actions, hors contrat de liquiditéInformation réglementéeDénomination sociale de l’émetteur : Michelin – LEI 549300SOSI58J6VIW052Référence de l’instrument financier : Actions ordinaires – Code ISIN FR 0000121261Date : 30 avril 2024 Nom de l’émetteur Code Identifiant de l’émetteur… Continue reading Michelin : Déclaration des transactions sur actions propres – 30/04/2024

Michelin : Disclosure of trading in own shares – April 30th 2024

23, Place des Carmes-Déchaux – 63000 CLERMONT-FERRAND Information about securities repurchasing programRegulated informationIssuer social denomination: Michelin – LEI 549300SOSI58J6VIW052Types of securities: ordinary shares – Code ISIN FR 0000121261Date : April 30th, 2024 Issuer Name Issuer code Transaction date ISIN Code Daily total volume (in number of actions) Daily weighted average price of shares acquired Platform… Continue reading Michelin : Disclosure of trading in own shares – April 30th 2024

Martinrea International Inc. Announces TSX Approval of Normal Course Issuer Bid

TORONTO, April 29, 2024 (GLOBE NEWSWIRE) — Martinrea International Inc. (TSX: MRE) (“Martinrea” or the “Company”), today announced that it has filed with the Toronto Stock Exchange (the “TSX”), and the TSX has accepted, its notice of intention to make a normal course issuer bid (the “NCIB”). Pursuant to the NCIB, Martinrea is entitled to… Continue reading Martinrea International Inc. Announces TSX Approval of Normal Course Issuer Bid

Magna Wins 2024 Automotive News PACE Award, Receives PACEpilot Recognitions

Integrated Driver & Occupant Monitoring System is one of 13 PACE Award winners out of 33 finalists Exteriors and seating products secure two of 11 PACEpilot Innovation to Watch recognitions Magna only company to receive a PACE and multiple PACEpilot Awards AURORA, Ontario, April 30, 2024 (GLOBE NEWSWIRE) — Magna was named a 2024 Automotive… Continue reading Magna Wins 2024 Automotive News PACE Award, Receives PACEpilot Recognitions

Ferrari N.V.: Periodic Report on the Buyback Program

Maranello (Italy),  April 30 2024 – Ferrari N.V. (NYSE/EXM: RACE) (“Ferrari” or the “Company”) informs that the Company has purchased, under the Euro 350 million share buyback program announced on November 7, 2023, as the fourth tranche of the multi-year share buyback program of approximately Euro 2 billion expected to be executed by 2026 in line… Continue reading Ferrari N.V.: Periodic Report on the Buyback Program

Kongsberg Actuation Systems BV issued an Asset Disposition Offer for part of notes due 2025

Zurich, April 26, 2024: Kongsberg Actuation Systems BV, a subsidiary of Kongsberg Automotive ASA (KA), today published an Asset Disposition Offer to purchase for cash €36,000,000 of outstanding principal amount of its senior secured notes due 2025 (“Notes”). KA has determined that €36,000,000 of the Net Available Cash from the sale of: (i) The Interior… Continue reading Kongsberg Actuation Systems BV issued an Asset Disposition Offer for part of notes due 2025

Kongsberg Automotive secures major contract extension worth EUR 523 million in estimated lifetime revenue

Zurich, April 26, 2024: Kongsberg Automotive (KA) has won a contract extension worth EUR 523 million in estimated lifetime revenue for KA’s Gear Control Unit (GCU) with integrated clutch actuator. The GCU is a valve-based device designed for manual transmission trucks, allowing them to be driven as automatic transmission trucks if desired. This innovative technology… Continue reading Kongsberg Automotive secures major contract extension worth EUR 523 million in estimated lifetime revenue

Martinrea International Inc. to Announce First Quarter Results on May 2, 2024

TORONTO, April 25, 2024 (GLOBE NEWSWIRE) — Martinrea International Inc. (TSX : MRE) today announced it will report its financial results for the first quarter ended March 31, 2024 on Thursday, May 2, 2024 after the markets close, and will hold a conference call to discuss the results the same day at 5:30 p.m. Eastern… Continue reading Martinrea International Inc. to Announce First Quarter Results on May 2, 2024

Visteon Announces First Quarter 2024 Financial Results

VAN BUREN TOWNSHIP, Mich., April 25, 2024 (GLOBE NEWSWIRE) — Visteon Corporation (NASDAQ: VC) today reported first quarter financial results. Highlights include: Net sales of $933 million with a return to positive growth-over-market1 Net income of $42 million Adjusted EBITDA of $102 million or 10.9% of sales Operating cash flow of $69 million and adjusted… Continue reading Visteon Announces First Quarter 2024 Financial Results

Michelin: Q1 sales down 2.7% at constant exchange rates, on soft volumes as expected. Strong mix development reflecting performance in value-accretive segments. 2024 full-year guidance unchanged.

Clermont-Ferrand – April 24, 2024 COMPAGNIE GÉNÉRALE DES ÉTABLISSEMENTS MICHELINFinancial information for the three months ended March 31, 2024 Consolidated first-quarter 2024 sales down 2.7% at constant exchange rates, on soft volumes as expected. Strong mix development reflecting Group performance in the most value-accretive segments. 2024 full-year guidance unchanged. Global sell-in markets edged up slightly, led by… Continue reading Michelin: Q1 sales down 2.7% at constant exchange rates, on soft volumes as expected. Strong mix development reflecting performance in value-accretive segments. 2024 full-year guidance unchanged.