VDS

Quarterhill's Innovative M5 Speed Camera Gains Essential Approvals in Germany and Austria

Retrieved on: 
목요일, 6월 13, 2024

With its robust features and ability to significantly reduce speed violations, the M5 Speed sets a new benchmark in traffic enforcement.

Key Points: 
  • With its robust features and ability to significantly reduce speed violations, the M5 Speed sets a new benchmark in traffic enforcement.
  • The M5 Speed enforcement camera has been certified against strict and comprehensive standards for speed measurement and speed enforcement.
  • When the M5 Speed camera catches a vehicle speeding, it immediately takes a photo as evidence.
  • The M5 Speed is now certified for use across Germany and Austria and sets a compelling precedent for global standards in automated speed enforcement solutions.

VDS Announces the Opening of Applications for Its International Startup Competition

Retrieved on: 
화요일, 5월 14, 2024

VDS , one of Southern Europe's most prominent international tech events, has launched the call for its upcoming international startup competition in Valencia, Spain.

Key Points: 
  • VDS , one of Southern Europe's most prominent international tech events, has launched the call for its upcoming international startup competition in Valencia, Spain.
  • The seventh edition of this annual event will feature collaboration with TNW – a Financial Times company – organiser of one of Europe’s leading technology festivals, in the development of the VDS Startup Competition .
  • VDS Startup Competition is divided into two separate tracks:
    Early Stage Track: the company must be between bootstrapped to seed stage funding, i.e.
  • After these presentations, the two winning startups of the VDS Startup Competition 2024 will be selected and announced.

Crescent European Specialty Lending Announces Financing for the Acquisition of D. Van Der Steen by IceLake

Retrieved on: 
월요일, 5월 13, 2024

Crescent Capital Group LP, a leading alternative credit investment firm, announced today that its European Specialty Lending strategy has provided financing to support the acquisition of D. Van Der Steen (VDS), a leading full-service provider of road maintenance services for municipalities and provinces in the Netherlands, by IceLake, a private equity firm.

Key Points: 
  • Crescent Capital Group LP, a leading alternative credit investment firm, announced today that its European Specialty Lending strategy has provided financing to support the acquisition of D. Van Der Steen (VDS), a leading full-service provider of road maintenance services for municipalities and provinces in the Netherlands, by IceLake, a private equity firm.
  • Founded in 1911 and headquartered in Utrecht, the Netherlands, VDS provides road maintenance services such as milling, paving, compacting, transporting and laying of asphalt, as well as other ad-hoc services including road signage, sewage replacement and more across approximately 50 municipalities and provinces throughout the Netherlands.
  • The company operates as a main contractor and offers multi-year asphalt maintenance, natural stone paving and inner-city infrastructure services with the support of an experienced team and specialized machines.
  • “Crescent is proud to provide the kind of flexible capital solutions needed by European private equity sponsors like IceLake and proven, growing companies like VDS.”

Quarterhill Announces Q1 2024 Financial Results

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월요일, 5월 13, 2024

Effective with the release of its results for the three months ended March 31, 2024, Quarterhill has changed the presentation currency of its financial statements to US dollars, its functional currency.

Key Points: 
  • Effective with the release of its results for the three months ended March 31, 2024, Quarterhill has changed the presentation currency of its financial statements to US dollars, its functional currency.
  • Revenues for the three months ended March 31, 2024 ("Q1 2024") were $34.9 million compared to $28.3 million in the three months ended March 31, 2023 ("Q1 2023").
  • Gross profit in Q1 2024 was $6.4 million, or 18%, as compared to $3.8 million, or 13%, in Q1 2023.
  • Quarterhill will host a conference call to discuss its financial results on Monday, May 13, 2024, at 8:30 AM Eastern Time.

Quarterhill Launches Unified Branding and Announces Presence at Intertraffic Amsterdam Exhibition 2024

Retrieved on: 
수요일, 4월 17, 2024

The exhibition will take place from April 16–19, 2024.

Key Points: 
  • The exhibition will take place from April 16–19, 2024.
  • Quarterhill's newly launched branding reflects the Company's technology-focused trajectory and a fresh direction that showcases and emphasizes software and logistics solutions.
  • Intertraffic Amsterdam is recognized as the leading global exhibition in the field of critical transportation infrastructure, a key event for traffic technology and mobility professionals from around the world.
  • Visit Quarterhill at Stand 01.116, where the Company will provide insight into the capabilities and synergies offered across its entire portfolio.

Two Decades Post-IPO, Weichai Power's Market Value Soars 30-Fold, Distributing RMB 28 Billion in Dividends

Retrieved on: 
화요일, 3월 26, 2024

WEIFANG, China, March 26, 2024 /PRNewswire/ -- Weichai Power Co., Ltd. (2338.HK, 000338.SZ), in its latest annual report released on March 26, unveiled significant financial achievements for the year 2023. The company recorded revenue of RMB 213.96 billion, a notable increase of 22.2% compared to the previous year. Net profit attributable to shareholders surged by 83.8% to RMB 9.01 billion, while basic earnings per share jumped 84.5% to RMB 1.04. 

Key Points: 
  • Net profit attributable to shareholders surged by 83.8% to RMB 9.01 billion, while basic earnings per share jumped 84.5% to RMB 1.04.
  • From 2004 to 2023, revenue surged from RMB 6.2 billion to RMB 214 billion, reflecting a thirty-threefold increase.
  • The company's total market value has exceeded RMB 140 billion, a 30-fold increase since its listing.
  • Weichai Power has witnessed exceptional market value growth, surpassing 40 times its initial listing value.

Two Decades Post-IPO, Weichai Power's Market Value Soars 30-Fold, Distributing RMB 28 Billion in Dividends

Retrieved on: 
화요일, 3월 26, 2024

WEIFANG, China, March 26, 2024 /PRNewswire/ -- Weichai Power Co., Ltd. (2338.HK, 000338.SZ), in its latest annual report released on March 26, unveiled significant financial achievements for the year 2023. The company recorded revenue of RMB 213.96 billion, a notable increase of 22.2% compared to the previous year. Net profit attributable to shareholders surged by 83.8% to RMB 9.01 billion, while basic earnings per share jumped 84.5% to RMB 1.04.

Key Points: 
  • Net profit attributable to shareholders surged by 83.8% to RMB 9.01 billion, while basic earnings per share jumped 84.5% to RMB 1.04.
  • From 2004 to 2023, revenue surged from RMB 6.2 billion to RMB 214 billion, reflecting a thirty-threefold increase.
  • The company's total market value has exceeded RMB 140 billion, a 30-fold increase since its listing.
  • Weichai Power has witnessed exceptional market value growth, surpassing 40 times its initial listing value.

Vehicle Dependability Slumps as Rate of Deterioration Increases, J.D. Power Finds

Retrieved on: 
목요일, 2월 8, 2024

Vehicle owners are experiencing lower levels of vehicle dependability after three years of ownership, according to the J.D.

Key Points: 
  • Vehicle owners are experiencing lower levels of vehicle dependability after three years of ownership, according to the J.D.
  • Vehicle Dependability StudySM (VDS) (Graphic: Business Wire)
    “Historically, VDS model results mirror the results of the respective model year in the J.D.
  • Power Initial Quality Study, so a deterioration of vehicle dependability is unusual,” said Frank Hanley, senior director of auto benchmarking at J.D.
  • Vehicle Dependability Study is based on responses from 30,595 original owners of 2021 model-year vehicles after three years of ownership.

Ontañón Wineries Announces Vino Del Sol as Their New Partner and US Importer

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목요일, 1월 4, 2024

FORT WORTH, Texas, Jan. 4, 2024 /PRNewswire-PRWeb/ -- Vino del Sol is pleased to announce their new partnership with the Otañón Familia portfolio of wines, Ontañón and Queirón from Rioja Spain, starting January 1, 2024. Otañón's vineyards and wineries are the culmination of a lifetime dream for the owners, the Pérez Cuevas family.

Key Points: 
  • Otañón's vineyards and wineries are the culmination of a lifetime dream for the owners, the Pérez Cuevas family.
  • "We have known the Pérez Cuevas family for a long time and are thrilled to be their new US Importer and Partner," says Vino del Sol Founder, Matt Hedges.
  • Matt continues, "Ontañón is a natural fit to the VDS portfolio of family-owned, sustainable wineries."
  • "With their incredible quality and reputation, we look forward to growing the portfolio of the Ontañón and Queirón wines and to the opportunities ahead," adds Vino del Sol, Executive VP of Sales, Kevin Millman.

GWM WEY Secures Top Position in the China Vehicle Dependability Study 2023 Once Again

Retrieved on: 
월요일, 11월 6, 2023

Baoding, China--(Newsfile Corp. - November 6, 2023) - GWM WEY has once again secured its position as the top independent brand in the Chinese automotive industry in the China Vehicle Dependability Study 2023 (VDS) unveiled by J.D.

Key Points: 
  • Baoding, China--(Newsfile Corp. - November 6, 2023) - GWM WEY has once again secured its position as the top independent brand in the Chinese automotive industry in the China Vehicle Dependability Study 2023 (VDS) unveiled by J.D.
  • GWM WEY achieved this accolade through an assessment of Chinese car owners' experiences with fuel-powered vehicles owned for 13 to 48 months.
  • The GWM WEY Coffee 02, a model under the GWM WEY brand, has set new safety standards in its segment.
  • GWM WEY's top position in the China Vehicle Dependability Study 2023 underscores its dedication to reliability and customer satisfaction.