Latest news with #BuildingSolutions


Associated Press
3 days ago
- Business
- Associated Press
Star Equity Holdings to Release Second Quarter 2025 Financial Results on August 13
OLD GREENWICH, Conn., Aug. 04, 2025 (GLOBE NEWSWIRE) -- Star Equity Holdings, Inc. (Nasdaq: STRR; STRRP), ('Star Equity' or the 'Company'), a diversified holding company, announced today that it will release its financial results for the second quarter ended June 30, 2025, before the market opens on Wednesday, August 13, 2025. A conference call is scheduled for 10:00 a.m. ET (7:00 a.m. PT) on August 13, 2025, to discuss the results and management's outlook. The call may be accessed by dialing: A simultaneous webcast of the call may be accessed online from the Events & Presentations link, on the Investor Relations page of the Star Equity website at: An archived replay of the webcast will be available shortly after the end of the conference call. About Star Equity Holdings, Inc. Star Equity Holdings, Inc. is a diversified holding company currently composed of three business divisions: Building Solutions, Energy Services, and Investments. Building Solutions Our Building Solutions division operates in three businesses: (i) modular building manufacturing; (ii) structural wall panel and wood foundation manufacturing, including building supply distribution operations; and (iii) glue-laminated timber (glulam) column, beam, and truss manufacturing. Energy Services Our Energy Services division engages in the rental, sale, and repair of downhole tools used in the oil and gas, geothermal, mining, and water-well industries. Investments Our Investments division manages and finances the Company's real estate assets as well as its investment positions in private and public companies.
Yahoo
31-07-2025
- Business
- Yahoo
SPIE - Press release - 2025 Half-Year results
Consistent delivery of SPIE's growth modelYet another margin step-up: 2025 outlook firmed up Solid first-half results combining 40 bps margin step-up and 5.8% revenue growth Revenue: €4,979m, up +5.8% vs. H1 2024, including +3.8% growth from acquisitions and +2.4% organic growth Sequential improvement in organic growth: +2.6% in Q2, after +2.1% in Q1 Another step-up in EBITA margin: +40 bps to 6.0% in H1 2025 EBITA up +13.2% to €301m Adjusted net income: €166.6m (+5.7% vs. H1 2024) Sustained bolt-on M&A activity, reinforcing leadership in attractive markets 3 bolt-on acquisitions signed in 2025 to date, representing €96 million in annual revenue Further expansion into attractive Polish Building Solutions market and high-growth fiber optic services in Switzerland Robust pipeline on highly fragmented markets Strong financial structure, highly cash-generative model Leverage significantly reduced to 1.9x at end June 2025 from 2.4x at end June 2024 supported by outstanding working capital performance Successful €600 million sustainability-linked bond issuance in May 2025 (5-year maturity/ 3.75% coupon), reflecting SPIE's strong credit quality Anti-dilutive share buy-back implemented in Q1 for €39 million Interim cash dividend of €0.30 per share, i.e. 30% of the approved dividend for 2024, on September 18th, 2025 2025 margin outlook firmed up Strong total growth pushing revenue well above the €10 billion mark, including further organic growth and active bolt-on M&A Continued expansion of EBITA margin to at least 7.6% Gauthier Louette, Chairman & CEO, commented: 'SPIE's first-half results confirm the strengths of our model, the relevance of our strategy and the quality of our execution. Energy transition and digital transformation are firmly anchored as lasting growth drivers across our markets, allowing us to confidently navigate the current geopolitical and macroeconomic uncertainty. Thanks to our core focus on margin and financial discipline, we delivered once again a double-digit increase in EBITA. We kept a steady course in terms of bolt-on M&A, with all integration processes progressing well and three new acquisitions, focused on high-growth sectors. With rock-solid fundamentals, enhanced profitability and a disciplined approach to growth, SPIE is on track to meet its firmed-up 2025 targets and to continue creating long-term value.'About SPIE SPIE is the independent European leader in multi-technical services in the areas of energy and communications. The Group's 55,000 employees are committed to the decarbonisation of the economy, supporting the energy transition and responsible digital Group achieved in 2024 consolidated revenue of €9.9 billion and consolidated EBITA of €712 million. SPIE - 2025 Half-Year results - Press ReleaseError in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data


Zawya
29-07-2025
- Business
- Zawya
Vinci to acquire German HVAC-R expert Zimmer & Hälbig
Vinci, a world leader in concessions, energy solutions and construction, has announced that one of its key units, Vinci Energies has reached an agreement to acquire leading German company Zimmer & Hälbig. Based in Bielefeld (land of North Rhine-Westphalia), Zimmer & Hälbig has high level design, engineering, installation and maintenance expertise for technically demanding solutions of heating, ventilation, air conditioning, and refrigeration (HVAC-R) with a strong focus on hospitals, laboratories, industrial facilities, clean rooms as well as data centres. Founded in 1974, the company had generated revenue of €96 million in 2024 in Germany through seven locations (Bielefeld, Hanau, Hannover, Köln, Leipzig, Osnabrück, Tuttlingen) with a workforce of 310 employees. Announcing the move, Vinci Energies said the deal is subject to approval by the German competition authorities. Once approved, the German group will be integrated into Vinci Energies Building Solutions' network of 150 business units in Germany, thereby increasing its range of multi-technical solutions for buildings and expanding their offers to its customers. In Germany, Vinci Energies operates in its four business lines Infrastructure, Industry, Building Solutions and ICT– and employs 16,600 people in 385 locations. Copyright 2025 Al Hilal Publishing and Marketing Group Provided by SyndiGate Media Inc. (