Second Quarter 2023 Highlights: Revenue of $977.9 million, up 10.2% y/y on a pro forma basis Awarded significant bookings of $2.1 billion, driving backlog +10% sequentially to $13.0 billion Reported operating income of $34.3 million; adjusted operating income1 of $70.5 million Adjusted EBITDA1 of $76.4 million with a margin1 of 7.8% Diluted EPS of $0.06;… Continue reading V2X Announces Strong Second Quarter 2023 Results
Tag: Strategy
All 3 businesses of Tata Motors marching with strategic agenda for growth & segment leadership, says Chairman N Chandrasekaran
Updated On Aug 8, 2023 at 10:53 PM IST Read by: 100 Industry Professionals Read by 100 Industry Professionals N Chandrasekaran, Chairman, Tata Motors New Delhi: Tata Motors Group, which operates as three businesses comprising commercial vehicles (CVs), domestic passenger and electric vehicles (EVs) and Jaguar Land Rover (JLR), is all geared for growth as… Continue reading All 3 businesses of Tata Motors marching with strategic agenda for growth & segment leadership, says Chairman N Chandrasekaran
@BMW: New All-Electric BMW i5 M60 North American Co-Premieres at Legends of The Autobahn®, Pacific Grove, CA and at The BMW Championship, Olympia Fields, IL002903
Woodcliff Lake, NJ – August 8, 2023…BMW arrives at Monterey Car Week and Legends of the Autobahn fully charged for 2023, armed with an assembly of the latest vehicles that celebrate a Motorsport-bred heritage and look to a sustainable future. Building on the success of the i4 M50 and iX M60 is the latest addition… Continue reading @BMW: New All-Electric BMW i5 M60 North American Co-Premieres at Legends of The Autobahn®, Pacific Grove, CA and at The BMW Championship, Olympia Fields, IL002903
@BMW: BMW M Motorsport News, 8th August 2023002903
Björn Lellmann, Head of Customer Racing at BMW M Motorsport: “In August, the racing circuits around the world traditionally become somewhat quieter. Many racing series, and consequently, BMW M Motorsport teams, take a break before the season’s final push from September. However, the summer isn’t entirely devoid of racing, and over the past weekends, there… Continue reading @BMW: BMW M Motorsport News, 8th August 2023002903
Standard Motor Products, Inc. Earns PACCAR 2022 10 PPM Award
NEW YORK, Aug. 8, 2023 /PRNewswire/ — Standard Motor Products (SMP®) is honored to announce that it has earned PACCAR’s 2022 10 PPM Award. PACCAR is a leading global manufacturer of light, medium, and heavy-duty trucks under the Kenworth, Peterbilt, and DAF nameplates. Each year, PACCAR recognizes suppliers who achieve its “10 PPM” quality standard, which… Continue reading Standard Motor Products, Inc. Earns PACCAR 2022 10 PPM Award
Monro and Yokohama Named Lead Sponsors of Third Annual U.S. Auto Tech National Championship
Yokohama Claims Presenting Sponsorship as Monro, AutoZone, and ALLDATA Ink Deal to Support Trade Competition Showcasing the Country’s Best Auto Techs, Offering Over $100,000 in Cash and Prizes CHICAGO, Aug. 8, 2023 /PRNewswire/ — The Elite Trades Championship Series, along with Intersport, an independent award-winning marketing agency, announce their partnerships with four automotive industry heavy-weights… Continue reading Monro and Yokohama Named Lead Sponsors of Third Annual U.S. Auto Tech National Championship
@FCA: Stellantis Expands and Enhances Parts Business in North America
Introduces bproauto® as competitively priced, private-label replacement parts New parts line complements Mopar, the global original-equipment parts and authentic accessories brand for Stellantis Proven second-line brand of high-quality aftermarket parts cost less than original-equipment (OE) offerings and are backed by a standard two-year/unlimited-kilometre warranty 30 parts categories will be available from a comprehensive, quality-tested and… Continue reading @FCA: Stellantis Expands and Enhances Parts Business in North America
Kongsberg Automotive reports strong underlying revenue growth of 17.5% in Q2, profits hit by lower revenues from the Chinese car market and one-time effects
Zurich, August 8, 2023: Kongsberg Automotive ASA (“Kongsberg Automotive”) has published its results for the second quarter 2023. The results show an underlying solid revenue growth of 17.5% at constant currency. Loss of profitable business in China and one-time effects impacted profitability negatively. All the financial information in this press release refers to the continuing… Continue reading Kongsberg Automotive reports strong underlying revenue growth of 17.5% in Q2, profits hit by lower revenues from the Chinese car market and one-time effects
CentralNic Group plc Continued Expansion with Key Partnerships and Integrations
LONDON, Aug. 7, 2023 /PRNewswire/ — CentralNic Group plc (“CentralNic”, the “Group” or the “Company”) CentralNic Group PLC (AIM: CNIC), the global internet company that derives recurring revenue from privacy-safe, AI-based customer journeys that help online consumers make informed choices, is pleased to announce a series of recent strategic partnerships, achievements, and the overall progress… Continue reading CentralNic Group plc Continued Expansion with Key Partnerships and Integrations
RateGain announces results for Q1FY24; Records its Biggest Quarter in Revenue Growth and Triples PAT YoY
LONDON, Aug. 7, 2023 /PRNewswire/ — RateGain Travel Technologies Limited (NSE: RATEGAIN), a global provider of AI-powered SaaS solutions for the hospitality and travel industry, today announced its financial results for Q1 FY24 ending on June 30, 2023, reporting robust revenue growth and improving profitability as the companies continue to build on a record year last… Continue reading RateGain announces results for Q1FY24; Records its Biggest Quarter in Revenue Growth and Triples PAT YoY