GVA

EQS-News: INDUS Holding AG: Press release on the results for the fiscal year 2023

Retrieved on: 
Wednesday, April 10, 2024

Bergisch Gladbach, 20 March 2024 – The financial year 2023 saw the portfolio companies of INDUS Holding AG grow their operating income (EBIT) to EUR 149.6 million (previous year: EUR 133.7 million) in what was a challenging market.

Key Points: 
  • Bergisch Gladbach, 20 March 2024 – The financial year 2023 saw the portfolio companies of INDUS Holding AG grow their operating income (EBIT) to EUR 149.6 million (previous year: EUR 133.7 million) in what was a challenging market.
  • operating income (EBIT) plus PPA depreciation and impairments, stood at EUR 188.1 million (previous year: EUR 194.3 million).
  • PPA depreciation totaled EUR 19.2 million (previous year: EUR 17.8 million).
  • The segment’s adjusted EBITA rose to EUR 73.5 million (previous year: EUR 71.6 million).

Granite Earns its Fourth Consecutive Early Talent Award from Handshake

Retrieved on: 
Wednesday, March 13, 2024

For the fourth consecutive year, the company has secured Handshake’s Early Talent Award (ETA).

Key Points: 
  • For the fourth consecutive year, the company has secured Handshake’s Early Talent Award (ETA).
  • These criteria underscore the evolving landscape of talent acquisition, emphasizing the importance of companies fully engaging with early talent to secure future industry leaders.
  • Jessica Somers, Granite’s Director of Talent Acquisition, expressed the company’s commitment to early talent.
  • She stated, “We’re excited to celebrate this award and to continue nurturing a program that early talent finds engaging and best-in-class.

Granite Declares Quarterly Dividend

Retrieved on: 
Wednesday, March 13, 2024

Granite Construction Incorporated (NYSE: GVA) today announced that its Board of Directors has declared a quarterly cash dividend of $0.13 per common share. The dividend is payable on April 15, 2024, to all shareholders of record at the close of business on March 28, 2024.

Key Points: 

Granite Construction Incorporated (NYSE: GVA) today announced that its Board of Directors has declared a quarterly cash dividend of $0.13 per common share. The dividend is payable on April 15, 2024, to all shareholders of record at the close of business on March 28, 2024.

NAPA Recognizes Granite Construction With 97 Awards and Commendations

Retrieved on: 
Wednesday, February 28, 2024

The prestigious Larry H. Lemon Quality in Construction Award recognizes the 10 highest-scoring projects of the 223 applications submitted for a Quality in Construction Award in the General Paving (less than 50,000 tons) category.

Key Points: 
  • The prestigious Larry H. Lemon Quality in Construction Award recognizes the 10 highest-scoring projects of the 223 applications submitted for a Quality in Construction Award in the General Paving (less than 50,000 tons) category.
  • Lemon spent 18 years on the NAPA Awards Committee, later serving as chairman of the association's board of directors in 2010.
  • The Paving Commendations recognize extraordinary paving crews, while the Diamond Quality Commendations recognize excellence in site operations.
  • “It is an honor to have so many of our paving projects recognized by NAPA,” said Granite Director of Materials Quality and NAPA technical committee member Marty McNamara.

Granite Reports Fourth Quarter and FY 2023 Results

Retrieved on: 
Thursday, February 22, 2024

Granite Construction Incorporated (NYSE: GVA) today announced results for the quarter and year ended December 31, 2023.

Key Points: 
  • Granite Construction Incorporated (NYSE: GVA) today announced results for the quarter and year ended December 31, 2023.
  • Gross profit decreased $3 million to $94 million compared to $97 million for the same period in the prior year.
  • “Across the Company, our teams had an outstanding fourth quarter,” said Kyle Larkin, Granite President and Chief Executive Officer.
  • Looking back on 2023, it was a transformative year for Granite as we delivered on our strategic plan.

Boardwave and Mindstone announce new partnership to address the critical AI skills and knowledge gap in the UK and European software industry

Retrieved on: 
Monday, February 26, 2024

LONDON, Feb. 26, 2024 /PRNewswire/ -- Boardwave, the ultimate networking community exclusively created for UK and European software leaders, and Mindstone, a global community focused on the practical use of Artificial Intelligence (AI), today announce a partnership to extend Mindstone's increasingly popular AI Meetup Community to all Boardwave members and their employees. Adjacent to this, Boardwave membership is also being made available to each of the software founders and CEOs within the Mindstone Meetup Community.

Key Points: 
  • Adjacent to this, Boardwave membership is also being made available to each of the software founders and CEOs within the Mindstone Meetup Community.
  • The partnership will make AI more accessible to software leaders and their teams, by providing practical advice, guidance and training, for free.
  • Through networking, sharing ideas, knowledge sharing, best practices and mentoring Boardwave empowers European software leaders to accelerate and scale their businesses more successfully.
  • With AI better embedded across the sector, we believe that by 2033 the European Software industry can move from laggard to leader.

Boardwave and Mindstone announce new partnership to address the critical AI skills and knowledge gap in the UK and European software industry

Retrieved on: 
Monday, February 26, 2024

LONDON, Feb. 26, 2024 /PRNewswire/ -- Boardwave, the ultimate networking community exclusively created for UK and European software leaders, and Mindstone, a global community focused on the practical use of Artificial Intelligence (AI), today announce a partnership to extend Mindstone's increasingly popular AI Meetup Community to all Boardwave members and their employees. Adjacent to this, Boardwave membership is also being made available to each of the software founders and CEOs within the Mindstone Meetup Community.

Key Points: 
  • Adjacent to this, Boardwave membership is also being made available to each of the software founders and CEOs within the Mindstone Meetup Community.
  • The partnership will make AI more accessible to software leaders and their teams, by providing practical advice, guidance and training, for free.
  • Through networking, sharing ideas, knowledge sharing, best practices and mentoring Boardwave empowers European software leaders to accelerate and scale their businesses more successfully.
  • With AI better embedded across the sector, we believe that by 2033 the European Software industry can move from laggard to leader.

Granite Awarded Final Construction Option in Denali National Park

Retrieved on: 
Tuesday, February 13, 2024

Granite (NYSE:GVA) successfully finished preconstruction services and, on February 1, 2024, was awarded the final $112 million construction option for the Polychrome Area Improvements Construction Manager/General Contractor (CM/GC) project by the Federal Highway Administration (FHWA) in Denali National Park, Alaska.

Key Points: 
  • Granite (NYSE:GVA) successfully finished preconstruction services and, on February 1, 2024, was awarded the final $112 million construction option for the Polychrome Area Improvements Construction Manager/General Contractor (CM/GC) project by the Federal Highway Administration (FHWA) in Denali National Park, Alaska.
  • This last construction award completes the scope of work the National Park Service (NPS) has planned for the project.
  • View the full release here: https://www.businesswire.com/news/home/20240213096076/en/
    A Granite drill rig stands at the ready while the majestic snowcapped Denali is seen in the distance.
  • For the 2026 season, construction includes setting precast bridge approaches, building a retaining wall, installing thermosyphon condensers, coating the bridge deck, and demobilization.

Granite’s Grant Road Widening Project Aims to Improve Traffic Flow and Safety in Tucson

Retrieved on: 
Wednesday, January 31, 2024

Granite (NYSE:GVA) has been awarded a contract worth approximately $55 million by the City of Tucson to widen Grant Road from Palo Verde to Venice.

Key Points: 
  • Granite (NYSE:GVA) has been awarded a contract worth approximately $55 million by the City of Tucson to widen Grant Road from Palo Verde to Venice.
  • Project funding will come from the Regional Transportation Authority and is expected to be included in Granite’s first quarter CAP.
  • “In addition to serving as an anchor project to the Arizona region and local workforce, the project also compliments our vertically integrated business with a need for aggregates and asphalt on the project.” (Photo: Business Wire)
    The project involves widening Grant Road to provide six through lanes and a median with left turn lane pockets.
  • “This multi-phase project will require continuous communication and outreach with the traveling public, local businesses and residents throughout the project,” said Todd Hill, Granite Vice President of Regional Operations.

Granite Unveils State-of-the-Art Aggregate Plant

Retrieved on: 
Tuesday, January 30, 2024

Granite (NYSE:GVA) announced the successful completion of its first fully automated aggregate plant in Tucson, Arizona, marking a milestone in the company's commitment to technological advancement and sustainable production practices.

Key Points: 
  • Granite (NYSE:GVA) announced the successful completion of its first fully automated aggregate plant in Tucson, Arizona, marking a milestone in the company's commitment to technological advancement and sustainable production practices.
  • View the full release here: https://www.businesswire.com/news/home/20240130641742/en/
    Construction of the Swan plant commenced in May 2023 and represents Granite’s dedication to leveraging technology to improve operations and overcome workforce challenges.
  • By incorporating automation, Granite can produce aggregates cost-effectively while minimizing the need for night and weekend shifts associated with peak demands.
  • "The fully automated wash plant not only addresses current workforce challenges, but also positions us for sustained growth in one of our long-term aggregate markets.