COPENHAGEN, Denmark, Aug. 10, 2023 /PRNewswire/ — For Q2 2023, NORDEN reports a profit of USD 108 million (approx. DKK 740 million). For the first half of 2023 net profit amounted to USD 258 million (approx. DKK 1.8 billion). Cash flow from operating activities in Q2 amounted to USD 201 million (approx. DKK 1.4 billion).… Continue reading NORDEN reports net profit of USD 108 million in Q2 2023 and continues to return cash to shareholders
Tag: Financial Results
PENSKE AUTOMOTIVE GROUP ACQUIRES BMW AND PORSCHE DEALERSHIPS IN WILMINGTON, NORTH CAROLINA
Adds $140 Million in Expected Annualized Revenue BLOOMFIELD HILLS, Mich., Aug. 11, 2023 /PRNewswire/ — Penske Automotive Group, Inc. (NYSE: PAG), a diversified international transportation services company and one of the world’s premier automotive and commercial truck retailers, today announced that it has acquired BMW of Wilmington and Porsche Wilmington. Both dealerships have earned their… Continue reading PENSKE AUTOMOTIVE GROUP ACQUIRES BMW AND PORSCHE DEALERSHIPS IN WILMINGTON, NORTH CAROLINA
German Manager Magazin: Susanne Klatten: Germany’s richest woman makes a purchase – BMW heiress acquires majority stake in Von Roll Holding002659
The specialty chemicals group Altana has reached an agreement with the main shareholders and the management of Von Roll Holding on the purchase of 84.3 percent of the outstanding shares at a price of CHF 0.86 per share. The company announces a public purchase offer for all shares of Von Roll Holding at the same… Continue reading German Manager Magazin: Susanne Klatten: Germany’s richest woman makes a purchase – BMW heiress acquires majority stake in Von Roll Holding002659
German Manager Magazin: Dax companies: growth below the inflation rate002659
Germany’s stock market heavyweights are increasingly feeling the effects of the global economic downturn and high energy prices in the country. In the second quarter, some of the DAX companies achieved record sales and profits, according to an evaluation by the auditing and consulting company EY, which is available to the German Press Agency. However,… Continue reading German Manager Magazin: Dax companies: growth below the inflation rate002659
Temperature Controlled Packaging Solutions Market To Grow USD 7437.5 Million by 2029 at a CAGR of 9.4% | Valuates Reports
BANGALORE, India, Aug. 9, 2023 /PRNewswire/ — Temperature Controlled Packaging Solutions Market is Segmented by Type (Insulated Shippers, Insulated Containers), by Application (Temperature-Sensitive Pharmaceuticals, Vaccines): : Global Opportunity Analysis and Industry Forecast, 2023-2029. The global Temperature Controlled Packaging Solutions Market size was valued at USD 4338.3 Million in 2022 and is anticipated to reach USD 7437.5 Million… Continue reading Temperature Controlled Packaging Solutions Market To Grow USD 7437.5 Million by 2029 at a CAGR of 9.4% | Valuates Reports
SM Investments net income grows 32% to PHP36.5bn in H1 on strong consumer confidence
PASAY CITY, Philippines, Aug. 9, 2023 /PRNewswire/ — SM Investments Corporation (SM Investments) reported a consolidated net income of PHP36.5 billion in the first six months, up 32% from PHP27.7 billion in the same period last year. Consolidated revenues rose 18% to PHP286.3 billion in the January to June period from PHP242.6 billion in the same… Continue reading SM Investments net income grows 32% to PHP36.5bn in H1 on strong consumer confidence
Westport Fuel Systems Reports Second Quarter 2023 Financial Results
VANCOUVER, BC, Aug. 8, 2023 /PRNewswire/ — Westport Fuel Systems Inc. (“Westport“) (TSX: WPRT) (Nasdaq: WPRT), a leading supplier of advanced alternative fuel systems and components for the global transportation industry, reported financial results for the second quarter ended June 30, 2023, and provided an update on operations. All figures are in U.S. dollars unless otherwise… Continue reading Westport Fuel Systems Reports Second Quarter 2023 Financial Results
MDA SELECTED AS PRIME SATELLITE CONTRACTOR FOR TELESAT LIGHTSPEED ADVANCED CONSTELLATION
$2.1B contract for 198 satellites is the largest award in MDA’s history BRAMPTON, ON, Aug. 11, 2023 /PRNewswire/ – MDA Ltd. (TSX: MDA), a leading provider of advanced technology and services to the rapidly expanding global space industry, today announced it has been selected as the prime contractor for Telesat’s (NASDAQ: TSAT) (TSX: TSAT) revolutionary… Continue reading MDA SELECTED AS PRIME SATELLITE CONTRACTOR FOR TELESAT LIGHTSPEED ADVANCED CONSTELLATION
Air Canada Reports Second Quarter 2023 Financial Results
Operating revenues of $5.427 billion increased 36 per cent from the second quarter of 2022 Operating income of $802 million, with an operating margin of 14.8 per cent, compared to an operating loss of $253 million in the second quarter of 2022 Adjusted EBITDA* of $1.220 billion, with adjusted EBITDA margin* of 22.5 per cent,… Continue reading Air Canada Reports Second Quarter 2023 Financial Results
China Automotive Systems Reports 90.0% Increase in Net Income Per Share to $0.57 in the First Six Months of 2023
WUHAN, China, Aug. 11, 2023 /PRNewswire/ — China Automotive Systems, Inc. (NASDAQ: CAAS) (“CAAS” or the “Company”), a leading power steering components and systems supplier in China, today announced its unaudited financial results for the second quarter and six months ended June 30, 2023. Second Quarter 2023 Highlights Net sales rose 8.1% year-over-year to $137.4 million from… Continue reading China Automotive Systems Reports 90.0% Increase in Net Income Per Share to $0.57 in the First Six Months of 2023