Machine industry

Best R&D Tax Credit (2024) Companies: Engineered Tax Services Review Published by Better Business Advice

Retrieved on: 
Friday, March 8, 2024

Amidst a crowded field of contenders, Engineered Tax Services (ETS) has been recommended for its expertise and commitment to helping businesses navigate the complexities of the R&D Tax Credit.

Key Points: 
  • Amidst a crowded field of contenders, Engineered Tax Services (ETS) has been recommended for its expertise and commitment to helping businesses navigate the complexities of the R&D Tax Credit.
  • Engineered Tax Services (ETS) offers a comprehensive and expert-driven service for securing R&D Tax Credits, ensuring companies maximize their entitlement.
  • Better Business Advice underscores the strategic advantage that the R&D Tax Credit offers to innovative companies.
  • By partnering with Engineered Tax Services , businesses can ensure they fully capitalize on this opportunity, bolstering their innovation efforts while enjoying significant tax savings.

EQS-News: Stabilus SE confirms preliminary figures for FY2023 and proposes dividend of €1.75 per share

Retrieved on: 
Wednesday, December 20, 2023

This represents a total dividend payout of €43.2 million (FY2022: €43.2 million) and a pay-out ratio of approximately 42% (FY2022: 42%).

Key Points: 
  • This represents a total dividend payout of €43.2 million (FY2022: €43.2 million) and a pay-out ratio of approximately 42% (FY2022: 42%).
  • Dr. Michael Büchsner, CEO of Stabilus, said: "Despite the persistently challenging market environment, we are more than satisfied with the past financial year.
  • Stefan Bauerreis, CFO of Stabilus, said: "Our profitable growth enables us to pay a dividend to our shareholders despite the sizeable acquisition of DESTACO.
  • The Industrial business unit revenue in FY2023 grew organically by 7.6% to €444.6 million compared to the previous year (FY2022: €415.8 million).

Global Ceramic Injection Molding Market Analysis and Forecast to 2028 - Key Players Such as CoorsTek Drive Innovation and Expansion - ResearchAndMarkets.com

Retrieved on: 
Monday, December 18, 2023

The "Global Ceramic Injection Molding Market: Analysis By Type (Alumina, Zirconia & Others), By Industry Vertical, By Region Size & Forecast and Forecast up to 2028" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Global Ceramic Injection Molding Market: Analysis By Type (Alumina, Zirconia & Others), By Industry Vertical, By Region Size & Forecast and Forecast up to 2028" report has been added to ResearchAndMarkets.com's offering.
  • The global ceramic injection molding market in 2022 was valued at US$410.25 million and is expected to reach US$651.74 million by 2028.
  • The global ceramic injection molding market has witnessed remarkable growth in terms of volume.
  • With these trends and ongoing innovations, the ceramic injection molding market is poised for sustained expansion and diversification in the coming years.

Graco Publishes Environmental, Social and Governance (ESG) Report

Retrieved on: 
Thursday, December 7, 2023

Graco Inc. (NYSE:GGG), a leading manufacturer of fluid handling equipment, released today its 2022 environmental, social and governance (ESG) report.

Key Points: 
  • Graco Inc. (NYSE:GGG), a leading manufacturer of fluid handling equipment, released today its 2022 environmental, social and governance (ESG) report.
  • This report provides not only an update to the inaugural 2021 report, but now also includes the Sustainability Accounting Standards Board (SASB) index for Industrial Machinery and Goods, as well as global energy and emissions data.
  • “Our 2022 report builds upon the data shared in last year’s report, which we believe provides additional useful information for our shareholders,” said Mark Sheahan, president and chief executive officer.
  • A copy of the ESG report can be found on the Company’s website here.

EQS-News: According to preliminary figures, Stabilus SE increases revenue by 8.9% to more than €1.2 billion in FY2023.

Retrieved on: 
Sunday, December 10, 2023

According to preliminary figures, Stabilus SE increases revenue by 8.9% to more than €1.2 billion in FY2023.

Key Points: 
  • According to preliminary figures, Stabilus SE increases revenue by 8.9% to more than €1.2 billion in FY2023.
  • According to preliminary figures, Stabilus SE increases revenue by 8.9% to more than €1.2 billion in FY2023.
  • Stabilus thereby fulfilled its forecast last specified in the context of the reporting for the third quarter of 2023.
  • On a full-year basis, the Group generated revenue of €1,215.3 million according to preliminary figures, compared to €1,116.3 billion in the previous year.

Worthington Industries Releases 2023 Corporate Citizenship and Sustainability Report

Retrieved on: 
Monday, September 25, 2023

COLUMBUS, Ohio, Sept. 25, 2023 (GLOBE NEWSWIRE) -- Worthington Industries, Inc. (NYSE: WOR) released today its Fiscal Year 2023 (FY23) Corporate Citizenship and Sustainability Report documenting the Company’s key initiatives and related performance in areas such as environmental footprint and innovation, workforce development, corporate citizenship and governance.

Key Points: 
  • COLUMBUS, Ohio, Sept. 25, 2023 (GLOBE NEWSWIRE) -- Worthington Industries, Inc. (NYSE: WOR) released today its Fiscal Year 2023 (FY23) Corporate Citizenship and Sustainability Report documenting the Company’s key initiatives and related performance in areas such as environmental footprint and innovation, workforce development, corporate citizenship and governance.
  • Supporting Communities: The Worthington Industries Foundation contributed $2.9 million in FY23 to 69 organizations championing causes across health, human services, youth and education and civic causes.
  • Worthington Industries’ Tempel business, which manufactures precision magnetic steel laminations, estimates that its products saved more than 1.2 metric tons of carbon emissions in FY23.
  • Newsweek included Worthington Industries in its 2023 listing of America’s Most Responsible Companies .

EQS-News: Stabilus SE achieves revenue growth of 13.1% in Q3 FY2023 and specifies guidance within forecasted range

Retrieved on: 
Monday, July 31, 2023

Revenue growth of 13.1% to €306.5 million in Q3 FY2023 (Q3 FY2022: €271.1 million)

Key Points: 
  • Revenue growth of 13.1% to €306.5 million in Q3 FY2023 (Q3 FY2022: €271.1 million)
    Profitability gradually increased in FY2023: Adjusted EBIT[1] in Q3 at €41.9 million, after €37.9 million in Q3 FY2022
    Q3 result at €21.7 million (Q3 FY2022: €24.3 million) and free cash flow before acquisitions (adj.
  • Group revenue in the third quarter of FY2023 increased by 13.1% year-on-year to €306.5 million (Q3 FY2022: €271.1 million).
  • In EMEA, revenue in Q3 FY2023 increased by 9.7% to €129.9 million (Q3 FY2022: €118.4 million).
  • In Asia-Pacific (APAC), the company again recorded above-average revenue growth of 21.1% year-on-year to €66.7 million (Q3 FY2022: €55.1 million).

MSCI Upgrades Energy Recovery’s ESG Rating to AAA

Retrieved on: 
Tuesday, July 18, 2023

Energy Recovery, Inc. (NASDAQ: ERII) announced today that MSCI upgraded the company from an AA rating to its highest rating of AAA in its latest environmental, social, and governance (ESG) assessment completed on July 4, 2023.

Key Points: 
  • Energy Recovery, Inc. (NASDAQ: ERII) announced today that MSCI upgraded the company from an AA rating to its highest rating of AAA in its latest environmental, social, and governance (ESG) assessment completed on July 4, 2023.
  • MSCI uses a rules-based methodology to measure companies’ management of financially relevant ESG risks and opportunities based on key sector-specific issues.
  • DISCLAIMER: The use by Energy Recovery of any MSCI ESG Research LLC, or its affiliates (“MSCI”) data, and the use of MSCI logos, trademarks, service marks, or index names herein, do not constitute a sponsorship, endorsement, recommendation, or promotion of Energy Recovery and its affiliates by MSCI.
  • MSCI services and data are property of MSCI, or its information providers, and are provided ‘as-is’ and without warranty.

Machinery Leasing Global Market Report 2023: Featuring United Rentals, Tokyo Century, Ashtead Group, Fuyo General Lease & Berkshire Hathaway - ResearchAndMarkets.com

Retrieved on: 
Monday, May 8, 2023

The offline was the largest segment of the machinery leasing market by mode, accounting for 92.37% of the total market in 2022.

Key Points: 
  • The offline was the largest segment of the machinery leasing market by mode, accounting for 92.37% of the total market in 2022.
  • The machinery leasing market is also segmented by leasing type into capital lease and operating lease.
  • Asia-Pacific was the largest region in the global machinery leasing market, accounting for 35.87% of the total in 2022.
  • The global machinery leasing market is fragmented with a large number of small players operating in the market.

EQS-News: Stabilus SE continues growth trajectory in the second quarter of FY2023

Retrieved on: 
Tuesday, May 2, 2023

Revenue growth of 10.5% increases revenue in the second quarter of FY2023 to €310.6 million (Q2 FY2022: €281.2 million)

Key Points: 
  • Revenue growth of 10.5% increases revenue in the second quarter of FY2023 to €310.6 million (Q2 FY2022: €281.2 million)
    Adjusted EBIT[1] in Q2 at €40.8 million, after €39.3 million in Q2 FY2022
    Q2 result of €42.6 million (Q2 FY2022: €26.2 million) and free cash flow before acquisitions (adj.
  • After a strong start to the 2023 fiscal year in the first quarter, Stabilus once again achieved double-digit revenue growth.
  • Group revenue in the second quarter of FY2023 increased by 10.5% to €310.6 million compared to the same quarter of the previous year (Q2 FY2022: €281.2 million).
  • In the past quarter, the Industrial business unit showed above-average growth with organic revenue growth of 10.8% to €120.2 million (Q2 FY2022: € 107.4 million), which was also significantly above global economic growth.