Latest news with #ALB
Yahoo
6 days ago
- Automotive
- Yahoo
ALB Vodka Announces Official Sponsorship of PREMA Racing for the 2025 Indianapolis 500
Indianapolis, Indiana--(Newsfile Corp. - June 2, 2025) - ALB® Vodka, the independently owned premium vodka brand rooted in New York, was proud to announce its official sponsorship of PREMA Racing at the 2025 Indianapolis 500. ALB VodkaTo view an enhanced version of this graphic, please visit: This collaboration brings ALB to the global motorsport stage as it supports one of the most anticipated entries in this year's "Greatest Spectacle in Racing." As PREMA Racing made its acclaimed two-car debut on the Indy 500 grid, ALB joined as an official sponsor, celebrating shared values of performance, precision, and authenticity. Piers Phillips, PREMA Racing INDYCAR CEO, commented, "We have worked hard to find authentic and committed partners like ALB to support PREMA at the Indy 500. Their team understands the importance of quality and identity, and we're proud to have them join us for this moment." ALB is proud to join forces with the fast-paced family-owned operation that placed the Driver of the Number 83 car, Robert Shwartzman, at the front of the field in the 109th running of the Indianapolis 500. PREMA's successful debut was underlined by an unprecedented result - winning pole position as a rookie team and with a rookie driver. And Shwartzman's performance was especially remarkable. A rising figure in international motorsport, and a former Ferrari F1 test driver and hypercar champion, Shwartzman aligns with ALB's mission of delivering excellence without pretense. "Our partnership with PREMA-represents more than a sponsorship," said John Curtin, a spokesperson from ALB. "It's about standing alongside teams and athletes that are grounded, ambitious, and uncompromising in their execution." The collaboration included ALB's on-site presence throughout the race weekend with branding on both the team's #83 and #90 cars, driver appearances in custom digital content, limited-edition event integrations, and co-branded moments celebrating the culture of performance and community. This partnership signals another milestone in ALB's continued expansion into national and experiential arenas-building on the brand's steady growth across retail, hospitality, and travel, including its national presence on JetBlue and in select premium venues across the U.S. About ALB® Vodka ALB® (/ā'el'bē/) Vodka is a premium gluten-free vodka made from 100% American corn and produced in Albany, New York. Known for its raw, authentic story as well as its dedication to both quality and value, ALB® Vodka embodies the spirit and energy of New York. With its expanding presence in prestigious venues and markets both domestically and internationally, ALB® Vodka is one of the fastest growing independently owned spirit brands in the country. For more information visit About PREMA Racing Founded in 1983 by Angelo Rosin and Giorgio Piccolo, PREMA Racing has established itself as one of Europe's premier motorsport teams. Based in Veneto, Italy, the team has a storied history of nurturing young talent and achieving success across various racing disciplines. PREMA has been instrumental in the development of numerous drivers who have progressed to Formula 1, including Charles Leclerc, Mick Schumacher, and Oscar Piastri. The team's commitment to excellence is evident in its multiple championship titles in series such as FIA Formula 2, FIA Formula 3, and the Italian F4 Championship. In 2025, PREMA expanded its horizons by entering the NTT INDYCAR SERIES, fielding two full-time entries powered by Chevrolet engines. This move underscores the team's ambition to compete and succeed on a global stage, bringing its legacy of performance and driver development to North American open-wheel racing. For more information, visit Contact: ALB Vodka Communications Email: hello@ To view the source version of this press release, please visit
West Australian
29-05-2025
- Sport
- West Australian
GSFL 2025: Perfect 10 coaches votes for Michael McGlade in Royals narrow win, Darcy Wallinger leads overall
Royals midfielder Michael McGlade picked up a perfect 10 in his first polling of the season in the Great Southern Football League coaches votes on Saturday. McGlade was a unanimous choice as best-on-ground by the two coaches, in the Lions tense four-point win over Denmark-Walpole at McLean Park . The Lions, who have won two games in a row, picked up most of the votes from the game with Declan McNamara and Seb Stanton also polling well. It was the first votes for McGlade in the 2025 GSFL Coaches Player of the Year Award. McNamara continued his strong season with seven votes and Stanton received four while Nelson Tulip and Ryan Hick from the Magpies got three each. Mt Barker gun Darcy Wallinger remains in the outright leader of the award, having picked up more votes in round five of the season. Wallinger (26 votes) holds a three-vote advantage over his teammate Daniel Patching, while Railways' Ryley Valli and Bulls' Darcy Clarke are just one vote further back. Patching and Clarke were highly influential in the Bulls' 38-point win over North Albany at Collingwood Park . The pair picked up nine votes each while Kangas midfielder Matt Orzel added five votes to his tally. Wallinger and Bulls forward Brandon Ugle collected three votes. Opinions were split in the top-of-the-table clash as the Tigers won by 60 points over Albany at Retravision Stadium . Eight players received votes from the coaches with only Lachie Cale and Logan Stubber featuring for both coaches. Young Tiger Cale picked up seven votes while Sharks' Bailey Taylor, Stubber and Tigers ruck Shane Braimbridge all got five. Just six votes separate the top six players on the leaderboard with McNamara (21) and Sharks' Bryce Blaszkow (20) well within striking distance. Cale joins teammate Jayden Scott on 19 and closely followed by Isaac Baum (18) and Orzel (17). Each league coach votes 5-4-3-2-1 for players on both sides at the end of every game. 2025 Coaches' Player of the Year Award Voting Round 5 Albany v Railways 7 Lachie Cale (RAIL) 5 Bailey Taylor (ALB) 5 Logan Stubber (RAIL) 5 Shane Braimbridge (RAIL) 3 Declan Willey (RAIL) 2 Bryce Blaszkow (ALB) 2 Ryley Valli (RAIL) 1 Bodhi Stubber (RAIL) Denmark-Walpole v Royals 10 Michael McGlade (ROY) 7 Declan McNamara (ROY) 4 Seb Stanton (ROY) 3 Nelson Tulip (DW) 3 Ryan Hick (DW) 2 Joel Flick (ROY) 1 James Charlesworth (DW) North Albany v Mt Barker 9 Daniel Patching (MB) 9 Darcy Clarke (MB) 5 Matt Orzel (NA) 3 Brandon Ugle (MB) 3 Darcy Wallinger (MB) 1 Regan Christensen (NA) Leaderboard 26: Darcy Wallinger (MB) 23: Daniel Patching (MB) 22: Ryley Valli (RAIL) Darcy Clarke (MB) 21: Declan McNamara (ROY) 20: Bryce Blaszkow (ALB) 19: Jayden Scott (RAIL) Lachie Cale (RAIL) 18: Isaac Baum (ALB) 17: Matt Orzel (NA) 15: Taj Williams (ALB) 13: Seb Ballard (MB) Hayden Parker (RAIL) 12: Tyler Stone (DW) Kobi Keen (NA) 11: Kane Pinney (ALB) 10: Sam Holmes (ALB) Michael McGlade (ROY)
North Wales Live
16-05-2025
- General
- North Wales Live
Climbers stuck on cliffs near South Stack sparks multi-agency rescue
Two climbers got stuck on cliffs near South Stack on Anglesey, sparking a multi-agency rescue. Cliff rescue teams and lifeboat crews were scrambled to the incident near Elin's Tower, after a man and woman became stuck. A RNLI Holyhead Lifeboat Station statement issued yesterday (Thursday) said: "Our lifeboat crew were called out on Wednesday, 14 May after two climbers got into difficulty on cliffs near South Stack. "Pagers sounded just after 3pm, requesting the launch of the all-weather lifeboat Frederick Storey Cockburn, and RNLI volunteers rushed quickly to the port where she is berthed, launching within minutes. The climbers, one male and one female, had become cragfast – unable to move up or down the cliffs - near Elin's Tower. "Local cliff rescue teams were already at the scene, and lifeboats were needed to support them in their endeavours to bring both casualties to safety. The D-class lifeboat at our flank station Trearddur Bay Lifeboat Station, Clive and Imelda Rawlins 2, was also paged, and in order to further support the rescue, our ILB, Mary and Archie Hooper, was also launched. "It had been decided that one casualty, who was nearer the top of the cliff would be winched up to the top by the cliff rescue volunteers, while the second casualty, who was in a lower position on the cliff face, was to be lowered to a ledge near sea level and then transferred back to shore by lifeboat. The lifeboat crews were able to assist in identifying where to place the ropes, further enabling a faster rescue. "Once the casualty was lowered down, she was first placed onto Trearddur Bay's D-class, before being safely transferred to our ALB. Meanwhile, the first casualty had been winched safely to the top of the cliffs." Lifeboats then headed to Trearddur Bay, where both casualties were reunited, safe and well. Coxswain Mark Wade said: "This was a great multi-agency rescue, alongside our flank station and the cliff rescue teams from Holyhead and Moelfre, with a good outcome for the casualties. Both climbers were well equipped and experienced, showing these incidents can happen to anyone." He added: "Thankfully they knew to call for help, and dialled 999 and asked for assistance."
West Australian
15-05-2025
- Sport
- West Australian
GSFL 2025: Albany's Bryce Blaszkow and Railways' Jayden Scott with strong starts in coaches' vote polling
Midfielders Bryce Blaszkow and Jayden Scott are the early leaders in the Great Southern Football League coaches' votes polling , after both started the new season on fire. Albany's Blaszkow and Railways' Scott have been integral in their respective sides starting the season with three consecutive wins. Voting from the opening three rounds of the GSFL coaches' player of the year award has been revealed, with both league coaches casting 5-4-3-2-1 votes at the end of each fixture. Blaszkow and Scott have picked up perfect 10s inside the first month of the season. In round two, Blaszkow picked up five votes from Sharks coach Roy Addis and North Albany coach Brad Bootsma, while in the same round Scott received top votes from both Railways player-coach Bodhi Stubber and Royals coach Darrell Panizza. The top of the leaderboard after three rounds is very tight, with six votes separating the top eight players. Blaszkow and Scott lead with 18 votes, followed by last year's winner of the award and Kleemann medallist from Railways Ryley Valli (17 votes). Mt Barker's Darcy Wallinger (16) has enjoyed a terrific start to the season, and then a trio are next on 13 votes — Albany's Taj Williams and Bulls pair Daniel Patching and Seb Ballard. Denmark-Walpole's Tyler Stone (12) and Albany duo Kane Pinney (11) and Isaac Baum (11) round out the top 10 on the leaderboard. Valli picked up nine votes in the Tigers' big win on Anzac Day, and Williams scored a perfect 10 in the Sharks' opening-round win. There were three sets of perfect 10s in round two, and Wallinger also collected maximum votes in the Bulls' win over the Magpies. Pinney received nine votes in the Sharks' round-three win over co-tenants the Lions, and Scott picked up another eight votes as the Tigers won again. Stone's brilliant seven-goal effort for the Magpies attracted 10 votes, pushing him right up the leaderboard. 2025 Coaches' Player of the Year Award Voting Round 1 Railways v North Albany Totals 9 Ryley Valli (RAIL) 7 Ryan Davies (RAIL) 5 Bodhi Stubber (RAIL) 4 Kobi Keen (NA) 3 Jaxon Lombardini (RAIL) 1 Daniel Thomas (RAIL) 1 Nick Barrow (NA) Albany v Denmark-Walpole 10 Taj Williams (ALB) 7 Sam Holmes (ALB) 5 Isaac Baum (ALB) 4 Bryce Blaszkow (ALB) 2 Kane Pinney (ALB) 2 Tyler Stone (DW) Mt Barker v Royals 6 Daniel Patching (MB) 5 Seb Ballard (MB) 5 Darcy Clarke (MB) 4 Darcy Wallinger (MB) 4 Cameron Lazar (ROY) 3 Daniel Archbold-Mortensen (ROY) 2 Declan McNamara (ROY) 1 Keane Griffiths (MB) Round 2 North Albany v Albany 10 Bryce Blaszkow (ALB) 8 Robbie Lee (ALB) 6 Kobi Keen (NA) 3 Taj Williams (ALB) 3 Brett Peake (ALB) Royals v Railways 10 Jayden Scott (RAIL) 8 Ryley Valli (RAIL) 5 Brayden Parker (ROY) 3 Hayden Parker (RAIL) 3 Joley Graham (ROY) 1 Mohit Jaggi (RAIL) Denmark-Walpole v Mt Barker 10 Darcy Wallinger (MB) 7 Daniel Patching (MB) 4 Darcy Clarke (MB) 4 Seb Ballard (MB) 3 Sam Holmes (DW) 1 Cameron Walsh (MB) 1 Ash Smith (DW) Round 3 Albany v Royals 9 Kane Pinney (ALB) 6 Isaac Baum (ALB) 4 Bryce Blaszkow (ALB) 3 Cameron Jones (ALB) 3 Bailey Taylor (ALB) 2 Declan McNamara (ROY) 2 Nathan Powell (ROY) 1 Joley Graham (ROY) Railways v Mt Barker 8 Jayden Scott (RAIL) 5 Lachie Cale (RAIL) 5 Hayden Leo (RAIL) 4 Seb Ballard (MB) 3 Daniel Thomas (RAIL) 3 Tristan Ballard (MB) 2 Darcy Wallinger (MB) Denmark-Walpole v North Albany 10 Tyler Stone (DW) 7 Jaden Guidi (DW) 4 Nick Barrow (NA) 4 Matt Orzel (NA) 2 Jyrin Woods (NA) 2 Jed Nazzari (DW) 1 Regan Christensen (NA) Leaderboard 18: Bryce Blaszkow (ALB) Jayden Scott (RAIL) 17: Ryley Valli (RAIL) 16: Darcy Wallinger (MB) 13: Taj Williams (ALB) Daniel Patching (MB) Seb Ballard (MB) 12: Tyler Stone (DW) 11: Kane Pinney (ALB) Isaac Baum (ALB) 10: Kobi Keen (NA) Sam Holmes (ALB) 9 : Darcy Clarke (MB) 8: Robbie Lee (ALB)
Yahoo
02-05-2025
- Business
- Yahoo
Albemarle Corp (ALB) Q1 2025 Earnings Call Highlights: Record Lithium Production and Strategic ...
Net Sales: $1.1 billion, including increased specialties volumes and record lithium production. Adjusted EBITDA: $267 million, reflecting strong year-over-year improvements in specialties and kitchen. Operating Cash Flow: $545 million, with an operating cash conversion rate exceeding 200%. Adjusted EBITDA Margin: Improved by approximately 400 basis points year over year. Adjusted Diluted EPS: Loss of $0.18 after preferred dividends and excluding discrete tax items. SG&A Costs: Down more than 20% year over year due to restructuring and cost savings initiatives. Energy Storage EBITDA Margin: 36% in Q1, expected to average in the mid-20% range for the full year 2025. Available Liquidity: $3.1 billion, including $1.5 billion in cash and cash equivalents. Net Debt to Adjusted EBITDA Ratio: 2.4 times at the end of Q1. Free Cash Flow: Slightly positive without the customer pre-payment. Capital Expenditures: Expected to reduce by more than 50% year over year. Warning! GuruFocus has detected 6 Warning Signs with ALB. Release Date: May 01, 2025 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Albemarle Corp (NYSE:ALB) reported net sales of $1.1 billion, driven by increased specialties volumes and record lithium production. The company achieved an operating cash conversion rate exceeding 200%, generating $545 million in cash from operations. Albemarle Corp (NYSE:ALB) has identified opportunities to reach the high end of their $300 to $400 million cost and productivity improvement target. The company expects lithium demand to more than double from 2024 to 2030, driven by the energy transition and global demand for electric vehicles and grid storage. Albemarle Corp (NYSE:ALB) maintains a strong financial position with available liquidity of $3.1 billion, including $1.5 billion in cash and cash equivalents. First quarter net sales were lower year over year, mainly due to lower lithium market pricing. Adjusted EBITDA was down 8% year over year, impacted by lower lithium pricing and reduced JV pre-tax equity earnings. Earnings per share was break-even in the first quarter, with an adjusted diluted loss of $0.18 per share. The company anticipates a modest direct impact of tariffs in 2025, estimated at $30 to $40 million on an unmitigated basis. Second quarter energy storage margins are expected to be lower due to a lower proportion of lithium salts sold under long-term agreements. Q: Could you elaborate on the scenarios that might lead to the lower or higher end of the 15 to 40% demand growth forecast for 2025? A: Jerry Masters, CEO, explained that the current environment is uncertain, which is why the forecast range is wide. The middle of the range, around 20-25%, is considered reasonable based on current conditions. The extremes represent scenarios where everything goes either wrong or right. Q: Given that you're already 90% through your productivity initiatives, is there potential to exceed the $400 million target? A: Jerry Masters, CEO, stated that they are striving to reach the top end of the range. Productivity improvements are ongoing and not limited to this program, indicating continuous efforts to enhance efficiency. Q: How do you view the impact of recent Chinese breakthroughs in cell pack design on US and European EV makers? A: Jerry Masters, CEO, noted that the technology curve for lithium-ion batteries is still early, with advancements expected globally. Improvements will come from various players, regardless of geography, as the industry evolves. Q: How are you managing cash flow and return on investment across cycles, considering recent industry rationalization? A: Jerry Masters, CEO, emphasized a focus on cash conversion, targeting a 60-70% range. The company aims to maintain leverage below 2.5 times across cycles, with ongoing efforts to enhance financial flexibility and meet long-term targets. Q: With no major contracts rolling off this year, how might your lithium contracting strategy evolve with increased EV adoption and autonomous vehicles? A: Jerry Masters, CEO, indicated that the contracting strategy will evolve with industry changes. Customers value long-term supply security, and the company maintains a mix of spot and contract sales to mitigate risks and adapt to market dynamics. For the complete transcript of the earnings call, please refer to the full earnings call transcript. This article first appeared on GuruFocus. Sign in to access your portfolio
