GOTHENBURG, Sweden, Oct. 29, 2025 /PRNewswire/ — Q3 2025 Net sales: MSEK 22,482 (23,692) Organic growth: 2.0% (−4.4%), driven by organic sales growth for the Industrial business, partly offset by negative market demand for the Automotive business. Adjusted operating profit: MSEK 2,762 (2,821). Solid price/mix contribution, driven by pricing activities and portfolio management, as well… Continue reading SKF Q3 2025: Improved margin in challenging market conditions
Tag: Financial Results
SKF Q3 2025: Improved margin in challenging market conditions
GOTHENBURG, Sweden, Oct. 29, 2025 /PRNewswire/ — Q3 2025 Net sales: MSEK 22,482 (23,692) Organic growth: 2.0% (−4.4%), driven by organic sales growth for the Industrial business, partly offset by negative market demand for the Automotive business. Adjusted operating profit: MSEK 2,762 (2,821). Solid price/mix contribution, driven by pricing activities and portfolio management, as well… Continue reading SKF Q3 2025: Improved margin in challenging market conditions
Mobility startup Tsuyo Manufacturing raises $4.5 million in round led by Avaana Capital
(L-R) Lalit, TripurariKumar and VijayKumar, founders, Tsuyo Mobility startup Tsuyo Manufacturing has raised $4.5 million in a funding round led by early-stage investment firm Avaana Capital. The company will utilise the funds to build a new greenfield manufacturing facility, set up a research and development (R&D) centre, and expand its export operations and partnerships with… Continue reading Mobility startup Tsuyo Manufacturing raises $4.5 million in round led by Avaana Capital
German Handelsblatt: Comment: Fear for their legacy – The rearguard action of the Porsche dynasty011721
The billion-dollar disaster at Porsche is a revelation – not only for CEO Oliver Blume, but also for the owner family. There are old problems behind the loss-making business. Go to Source
German Handelsblatt: Car manufacturer: Mercedes’ net profit collapses by 50 percent011717
The car manufacturer earned significantly less money in the first nine months. On the one hand, this is due to problems in China and, on the other hand, due to special effects. Go to Source
German Handelsblatt: Car manufacturer: Mercedes’ net profit collapses by 50 percent011717
The car manufacturer earned significantly less money in the first nine months. On the one hand, this is due to problems in China and, on the other hand, due to special effects. Go to Source
German Handelsblatt: Economic downturn: new setback for Mercedes: profit collapses011718
Tariffs, slumping sales, job cuts: Why Mercedes has to tighten its belt despite billions in sales – and what’s behind the numbers. Go to Source
German Handelsblatt: Car manufacturer: Mercedes’ net profit collapses by 50 percent011717
The car manufacturer earned significantly less money in the first nine months. On the one hand, this is due to problems in China and, on the other hand, due to special effects. Go to Source
Mews Accelerates the Dawn of Agentic Hospitality with Acquisition of DataChat, a leading generative AI analytics platform
DALLAS, Oct. 28, 2025 /PRNewswire/ — Mews, the operating system for hospitality and shared spaces, today announced the acquisition of DataChat, a US-based AI company. The acquisition marks a major step in Mews’ mission to build fully agentic hospitality systems, where intelligent agents autonomously manage day-to-day operations, optimize performance, and empower humans to focus on… Continue reading Mews Accelerates the Dawn of Agentic Hospitality with Acquisition of DataChat, a leading generative AI analytics platform
Thai Airways invests in Digital Loyalty Transformation with IBS Software’s iLoyal Platform
BANGKOK, Oct. 28, 2025 /PRNewswire/ — IBS Software, a global leader in SaaS solutions for the travel industry, announced that Thai Airways International Public Company Limited has selected IBS Software’s iLoyal platform to digitally transform and modernise the THAI’s Royal Orchid Plus Programme. Continue Reading Thai Airways Embarks on Digital Loyalty Transformation with IBS Software’s iLoyal… Continue reading Thai Airways invests in Digital Loyalty Transformation with IBS Software’s iLoyal Platform