SÖDERTÄLJE, Sweden, Oct. 29, 2025/PRNewswire/ — Orders up while profitability is impacted by investments Scania Group sales revenue declined by 3 percent to SEK 46.9 billion (48.2) Adjusted operating result decreased by 26 percent to SEK 5.2 billion (7.1), with an adjusted return on sales of 11.1 percent (14.7) Vehicle deliveries (unit sales) decreased by 1… Continue reading Scania Performance Summary July-Sept 2025
Tag: Financial Results
Beyond the Surface: “Empowered with Meg Ryan” and Community Human Services (CHS) Uncover the Shared Human Experience
LOS ANGELES, Oct. 29, 2025 /PRNewswire/ — Prepare to have your perceptions challenged as “Empowered with Meg Ryan” partners with Community Human Services (CHS) to explore the universal impact of mental health challenges, substance use, and homelessness, revealing that these are not isolated issues but rather shared human experiences that touch every community, including the… Continue reading Beyond the Surface: “Empowered with Meg Ryan” and Community Human Services (CHS) Uncover the Shared Human Experience
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
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