Vontier | Jotup

Vontier Declares Regular Dividend

Retrieved on:

Friday, February 16, 2024

Vehicle Technology, Automotive, Technology, Mobile, Wireless, Software, Hardware, Vontier, VNT

Vontier Corporation (“Vontier”) (NYSE: VNT) a leading global provider of critical technologies and solutions to connect, manage and scale the mobility ecosystem, announced today that its Board of Directors declared a regular quarterly cash dividend of $0.025 per share payable on March 28, 2024, to stockholders of record on March 7, 2024.

Key Points:

Vontier Corporation (“Vontier”) (NYSE: VNT) a leading global provider of critical technologies and solutions to connect, manage and scale the mobility ecosystem, announced today that its Board of Directors declared a regular quarterly cash dividend of $0.025 per share payable on March 28, 2024, to stockholders of record on March 7, 2024.
Although Vontier expects to pay dividends on a quarterly basis, any subsequent declaration of dividends, including the amount, the record dates and the payment dates for any such future dividend payments, is subject to the discretion of the Board of Directors.

Vontier Reports Solid Fourth Quarter 2023 Results and Initiates 2024 Guidance

Retrieved on:

Thursday, February 15, 2024

Strong demand for alternative energy solutions and car wash technologies drove core sales growth of 4%.

Key Points:

Strong demand for alternative energy solutions and car wash technologies drove core sales growth of 4%.
Repurchased ~$13 million, or ~0.4 million shares, during the quarter; Full year 2023 share repurchases total ~$75 million, or 2.8 million shares.
Repaid $60 million in debt during the quarter; Full year 2023 debt repayment totaled $300 million.
The call can be accessed via webcast or by dialing +1 888-259-6580, along with the conference ID: 69414951.

Vontier Appoints Mike Dwyer as President of Matco Tools

Retrieved on:

Tuesday, December 12, 2023

Vontier Corporation (NYSE: VNT), a leading global provider of critical technologies and solutions to connect, manage, and scale the mobility ecosystem, today announced the appointment of Mike Dwyer as President, Matco Tools effective immediately.

Key Points:

Vontier Corporation (NYSE: VNT), a leading global provider of critical technologies and solutions to connect, manage, and scale the mobility ecosystem, today announced the appointment of Mike Dwyer as President, Matco Tools effective immediately.
“On behalf of the entire Vontier team, I want to express my gratitude to Tim for his dedicated leadership and unwavering commitment to Matco Tools,” said Mark Morelli, President & CEO of Vontier.
Under Tim’s leadership, Matco has advanced its competitive advantage as a leader in mobile tools and is well-positioned for continued growth going forward.
We wish him all the best in his retirement.”
Morelli continued, “We are thrilled to welcome Mike Dwyer to the Vontier team.

Vontier Reports Strong Third Quarter Results and Raises 2023 Adjusted EPS Midpoint

Retrieved on:

Thursday, November 2, 2023

Strong demand in car wash technologies and alternative energy solutions resulted in core sales growth of 4%.

Key Points:

Strong demand in car wash technologies and alternative energy solutions resulted in core sales growth of 4%.
Segment operating profit margin declined 320 basis points year over year, primarily due to unfavorable product and geography mix and continued growth investments.
Repaid $75 million in debt during the quarter; Year to date through September, debt repayment totaled $240 million.
Vontier will discuss results and outlook during its quarterly investor conference call today starting at 8:30 a.m.

Vontier’s ANGI Energy Systems to Deliver Game-Changing Hydrogen Refueling Station for Zero-Emission Buses in California

Retrieved on:

Monday, October 23, 2023

Continuing a strong partnership across multiple fuels, ANGI has collaborated with leading alternative energy infrastructure provider, Trillium, to develop an expertly configured station for Santa Clarita Transit in California.

Key Points:

Continuing a strong partnership across multiple fuels, ANGI has collaborated with leading alternative energy infrastructure provider, Trillium, to develop an expertly configured station for Santa Clarita Transit in California.
With the support of ANGI and Trillium, Santa Clarita Transit plans to transition to fuel cell buses as its CNG transit buses reach the end of their useful life.
“We are proud and excited to work with Trillium to supply our cutting-edge Hydrogen Refueling Station for this groundbreaking site that will benefits millions of Californians.
Trillium has supported transportation fleets for over two decades by designing and implementing customized clean fuel infrastructure, including many CNG solutions with ANGI Energy Systems and now hydrogen.

Unveiling the Pioneers of ESG: Datamaran Launches Groundbreaking Docuseries, "New Heroes of Sustainable Business"

Retrieved on:

Monday, October 9, 2023

LONDON and NEW YORK, Oct. 9, 2023 /PRNewswire/ -- With 96% of the S&P 500 reporting on greenhouse gas (GHG) emissions or climate change, but 40% setting no measurable targets around this information, businesses urgently need to reassess their ESG approach to avoid a greenwashing timebomb. The groundbreaking "New Heroes of Sustainable Business" docuseries showcases high-profile business leaders from organizations including Consello Group, Heathrow Airport, Eastman and Vontier, sharing personal stories and advice for a smart way to ESG.

Key Points:

The groundbreaking "New Heroes of Sustainable Business" docuseries showcases high-profile business leaders from organizations including Consello Group, Heathrow Airport, Eastman and Vontier, sharing personal stories and advice for a smart way to ESG.
This has led to a heightened demand for ESG expertise, highlighting a skills gap that can't be met fast enough.
The CEO has to ensure that the ESG strategy is recognized by all as a key element of long-term, sustainable business success."
The "New Heroes of Sustainable Business" docuseries is out now.

Vontier’s Invenco by GVR™ Selected by Galp Energia to Enable C-Store Digital Transformation

Retrieved on:

Friday, September 29, 2023

Software, Oil, Gas, Other Retail, Payments, Energy, Convenience Store, Technology, Retail, Galp, NYSE, VNT, Head Office, GVR, Vontier, Back office, Automation, Online shopping, Renewable energy

Galp is an integrated energy operator, present throughout the entire oil and natural gas value chain and operating in the global energy market.

Key Points:

Galp is an integrated energy operator, present throughout the entire oil and natural gas value chain and operating in the global energy market.
Invenco by GVR’s Passport X solution is a secure, cloud-based, omnichannel retail software platform for fuel and convenience retail.
“Galp was looking for a versatile, cloud-based platform solution that meets future challenges today,” said Karthik Ganapathi, president of Invenco by GVR.
For more information on Invenco by GVR’s Passport X, visit invenco.com or follow Invenco by GVR on LinkedIn .

Vontier’s Invenco by GVR Announces iNFX Solution With Chevron

Retrieved on:

Thursday, September 14, 2023

Internet of things, GVR, VNT, Digital, Chevron, API, Lingle v. Chevron U.S.A. Inc., NYSE, Petroleum, Online shopping, Texaco, Vontier

Chevron will benefit from the iNFX platform through:

Key Points:

Chevron will benefit from the iNFX platform through:
Digital agility: The iNFX platform is modular, hardware agnostic, scalable and extensible.
“Chevron has been looking for a solution to enable faster transaction times and rapid deployment of new features & payment options to market, and we are excited to help achieve Chevron’s goals via iNFX,” said Karthik Ganapathi, president of Invenco by GVR.
“Through iNFX, Chevron will have a microservices led, cloud-based solution that enables productivity, reduces complexity and operating costs, improves the consumer experience and accelerates Chevron's revenue growth.”
Chevron presented this iNFX platform solution at their Americas Fuels Convention in August and expects to begin deploying iNFX edge devices to U.S. Chevron and Texaco stations over the next several months.
“This new platform is great for our Chevron and Texaco marketers and retailers,” said Tryp Wittstruck, Chevron Channel Experience manager.

Vontier’s Invenco by GVR Announces iNFX Solution With Chevron

Retrieved on:

Thursday, September 14, 2023

Chevron will benefit from the iNFX platform through:

Key Points:

Chevron will benefit from the iNFX platform through:
Digital agility: The iNFX platform is modular, hardware agnostic, scalable and extensible.
“Chevron has been looking for a solution to enable faster transaction times and rapid deployment of new features & payment options to market, and we are excited to help achieve Chevron’s goals via iNFX,” said Karthik Ganapathi, president of Invenco by GVR.
“Through iNFX, Chevron will have a microservices led, cloud-based solution that enables productivity, reduces complexity and operating costs, improves the consumer experience and accelerates Chevron's revenue growth.”
Chevron presented this iNFX platform solution at their Americas Fuels Convention in August and expects to begin deploying iNFX edge devices to U.S. Chevron and Texaco stations over the next several months.
“This new platform is great for our Chevron and Texaco marketers and retailers,” said Tryp Wittstruck, Chevron Channel Experience manager.

Vontier Releases 2023 Sustainability Report

Retrieved on:

Thursday, September 7, 2023

Vontier Corporation (NYSE: VNT) a leading global provider of critical technologies and solutions to connect, manage, and scale the mobility ecosystem, announced today the release of its 2023 Sustainability Report, which highlights important milestones the Company achieved during the past year.

Key Points:

Vontier Corporation (NYSE: VNT) a leading global provider of critical technologies and solutions to connect, manage, and scale the mobility ecosystem, announced today the release of its 2023 Sustainability Report, which highlights important milestones the Company achieved during the past year.
"Vontier’s critical role in the global mobility ecosystem provides us with the unique opportunity to help shape a more sustainable future for our industry.
“Together, we are mobilizing the future to create a better world.”
This year’s report details several key accomplishments across Vontier’s people-centered sustainability philosophy.
Sustainability is not just a buzzword for Vontier; it is a core part of how we are advancing our businesses, and in turn, creating shareholder value and positive impacts for our customers and the world,” said Katie Rowen, SVP, Chief Legal & Sustainability Officer.