EBIT

EQS-News: Pfeiffer Vacuum Technology AG: Pfeiffer Vacuum Technology AG Reports Record Sales for H1 2023

Retrieved on: 
Tuesday, August 1, 2023

Record sales of EUR 496.7 million, up 12.7% from the previous year

Key Points: 
  • Record sales of EUR 496.7 million, up 12.7% from the previous year
    Order intake of EUR 452.5 million, down 22.0% compared to previous year
    Asslar, August 1, 2023.
  • Pfeiffer Vacuum Technology AG, a leading global manufacturer of vacuum solutions, today announced results for the first half of 2023.
  • Sales in this market segment improved by 21.7% to EUR 255.6 million (H1 2022: EUR 210.0 million).
  • The Semiconductor and Emerging Technologies market segment sales increased by 4.5% to EUR 241.1 million (H1 2022: EUR 230.6 million).

EQS-News: Krones AG: Krones with successful first half-year 2023

Retrieved on: 
Tuesday, August 1, 2023

Krones has raised its guidance for revenue growth in the full year 2023.

Key Points: 
  • Krones has raised its guidance for revenue growth in the full year 2023.
  • Krones therefore expects order intake to continue developing well at a normalised level in the second half of 2023.
  • As a result of the continued strong demand, Krones’ order backlog further increased despite the higher output in the first half of 2023.
  • In the second quarter of 2023, Krones’ EBITDA increased by 20.9 % year on year to €106.5 million.

Woodward Reports Third Quarter Fiscal Year 2023 Results

Retrieved on: 
Monday, July 31, 2023

FORT COLLINS, Colo., July 31, 2023 (GLOBE NEWSWIRE) -- Woodward, Inc. (NASDAQ: WWD) today reported financial results for its third quarter of fiscal year 2023.

Key Points: 
  • FORT COLLINS, Colo., July 31, 2023 (GLOBE NEWSWIRE) -- Woodward, Inc. (NASDAQ: WWD) today reported financial results for its third quarter of fiscal year 2023.
  • Free cash flow1 for the first nine months of fiscal 2023 was $98 million, compared to $49 million.
  • Adjusted free cash flow1 was $103 million for the first nine months of fiscal 2023, compared to $52 million.
  • Aerospace segment net sales for the third quarter of fiscal 2023 were $481 million, compared to $402 million, an increase of 19.6 percent.

EQS-News: SURTECO GROUP SE: Sales up compared with previous year on the back of Omnova integration; Ongoing weak demand and one-off exceptional effects impact negatively on earnings

Retrieved on: 
Monday, July 31, 2023

SURTECO GROUP SE: Sales up compared with previous year on the back of Omnova integration; Ongoing weak demand and one-off exceptional effects impact negatively on earnings

Key Points: 
  • SURTECO GROUP SE: Sales up compared with previous year on the back of Omnova integration; Ongoing weak demand and one-off exceptional effects impact negatively on earnings
    The issuer is solely responsible for the content of this announcement.
  • However, a significant reduction in demand, particularly in Europe and North America, and one-off costs in connection with the Omnova acquisition and the purchase price allocation (PPA) exerted a negative impact on the result.
  • Earnings before financial result and income tax (EBIT) amounted to € 7.6 million and were consequently -77 % below the equivalent year-earlier value.
  • The company introduced measures in the areas of pricing, personnel, purchasing, operations and working capital in order to improve earnings.

MPC Energy Solutions' results for the first half of 2023 surpass full-year numbers reported for 2022; new development activities in Panama and El Salvador

Retrieved on: 
Monday, July 31, 2023

AMSTERDAM and OSLO, Norway, July 31, 2023 /PRNewswire/ -- MPC Energy Solutions (MPCES, Company) announced its H1 2023 results today.

Key Points: 
  • AMSTERDAM and OSLO, Norway, July 31, 2023 /PRNewswire/ -- MPC Energy Solutions (MPCES, Company) announced its H1 2023 results today.
  • The total revenue and EBITDA, including the Company's trading activities in Colombia, were USD 4.1 million and USD 1.8 million, respectively.
  • MPC Energy Solutions is a global provider of sustainable energy and primarily focuses on low-carbon energy infrastructure, including solar and wind farms, and other hybrid and energy efficiency solutions in Latin America and the Caribbean.
  • MPCES also commenced new development activities across the region during the second quarter, with a development partnership agreement signed in Panama, and own greenfield developments started in El Salvador.

MPC Energy Solutions' results for the first half of 2023 surpass full-year numbers reported for 2022; new development activities in Panama and El Salvador

Retrieved on: 
Monday, July 31, 2023

AMSTERDAM and OSLO, Norway, July 31, 2023 /PRNewswire/ -- MPC Energy Solutions (MPCES, Company) announced its H1 2023 results today.

Key Points: 
  • AMSTERDAM and OSLO, Norway, July 31, 2023 /PRNewswire/ -- MPC Energy Solutions (MPCES, Company) announced its H1 2023 results today.
  • The total revenue and EBITDA, including the Company's trading activities in Colombia, were USD 4.1 million and USD 1.8 million, respectively.
  • MPC Energy Solutions is a global provider of sustainable energy and primarily focuses on low-carbon energy infrastructure, including solar and wind farms, and other hybrid and energy efficiency solutions in Latin America and the Caribbean.
  • MPCES also commenced new development activities across the region during the second quarter, with a development partnership agreement signed in Panama, and own greenfield developments started in El Salvador.

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).

CNH Industrial Reports Record Second Quarter Net Income of $710 Million

Retrieved on: 
Friday, July 28, 2023

Adjusted EBIT Margin of Industrial Activities: is computed by dividing Adjusted EBIT of Industrial Activities by Net Sales of Industrial Activities.

Key Points: 
  • Adjusted EBIT Margin of Industrial Activities: is computed by dividing Adjusted EBIT of Industrial Activities by Net Sales of Industrial Activities.
  • Adjusted Net Income (Loss): is defined as net income (loss), less restructuring charges and non-recurring items, after tax.
  • Adjusted Gross Profit Margin of Industrial Activities: is computed by dividing Net sales less Cost of goods sold, as adjusted by non-recurring items, by Net sales.
  • CNH Industrial provides the reconciliation of Net Cash (Debt) to Total (Debt), which is the most directly comparable measure included in the consolidated balance sheets.

EQS-News: Muehlhan AG: Muehlhan AG publishes its results for the first half of 2023

Retrieved on: 
Friday, July 28, 2023

Hamburg, July 28, 2023—Muehlhan AG (Open Market; ISIN DE000A0KD0F7; WKN A0KD0F) (the “company”) generated revenues of €5.8 million and EBIT of €-2.0 million in the first half of 2023.

Key Points: 
  • Hamburg, July 28, 2023—Muehlhan AG (Open Market; ISIN DE000A0KD0F7; WKN A0KD0F) (the “company”) generated revenues of €5.8 million and EBIT of €-2.0 million in the first half of 2023.
  • Cash flow from operating activities is in positive territory at €1.7 million due to a special effect.
  • A comparison with the prior-year results does not make sense due to the sale of numerous subsidiaries at the 2022 year-end.
  • Muehlhan AG launched a share buyback program on June 28, 2023.

EQS-News: PALFINGER AG: Excellent Performance Despite Economic Slow Down

Retrieved on: 
Friday, July 28, 2023

Despite persistently high interest rates, continued high inflation and uncertain geopolitical developments in the EMEA region, PALFINGER AG enters the second half of 2023 with a record revenue and result.

Key Points: 
  • Despite persistently high interest rates, continued high inflation and uncertain geopolitical developments in the EMEA region, PALFINGER AG enters the second half of 2023 with a record revenue and result.
  • This cooperation not only secures the necessary capacities for the NAM region, but also further extends the PALFINGER production network.
  • With the opening of the state-of-the-art training and education center for apprentices and employees (PALFINGER Campus), PALFINGER is investing in the development of skilled specialists.
  • PALFINGER is targeting a revenue of EUR 3 billion, a ROCE of 12% and an EBIT margin of 10 percent for 2027.