Latest news with #GFF
Fashion Value Chain
26-05-2025
- Business
- Fashion Value Chain
Good Fashion Fund Invests in Sharadha Terry's Rug Unit
The Good Fashion Fund (GFF), managed by Dutch impact firm FOUNT, has made its final investment of USD 1.75 million in India's Sharadha Terry Products Pvt. Ltd. (STPPL), known globally for its MicroCotton® bath textiles. This funding will facilitate the launch of Sri Gugan Mills, a new sustainable bath and area rug manufacturing facility in Metupalayam, Tamil Nadu. The state-of-the-art unit will focus on dope-dyed polyester and cotton rugs, with upcoming products featuring recycled fibres. Equipped with advanced tufting machinery and supported by a dedicated Effluent Treatment Plant, the unit will recover ~98% of wastewater, eliminate harmful dyes, and create over 200 local jobs. STPPL, a vertically integrated firm with a legacy dating back to 1932, already powers operations via 100% renewable energy—from wind (5.1 MW) and solar (10.1 MW) sources. The rug line was previewed internationally under 'Sharadha Rugs' at Heimtextil 2025 in Frankfurt, marking STPPL's expansion from bed and bath into rugs. Vikram Krishna, MD of STPPL, said, 'This investment helps us deepen our sustainability efforts and expand our global footprint while empowering local communities.' Bob Assenberg, Fund Director of GFF, noted, 'Sharadha's legacy and innovation align perfectly with our mission to promote deeper-tier sustainability in textiles.' GFF, a USD 19 million blended capital fund, now concludes its investment cycle and plans a second fund building on its impact across India and Bangladesh. Past Indian partners include Pratibha Syntex, K.K.P Fine Linen, and Sri Kannapiran Mills.
Yahoo
22-05-2025
- Business
- Yahoo
3 Market-Beating Stocks to Target This Week
The best-performing stocks typically have robust sales growth, increasing margins, and rising returns on capital, and those that can maintain this trifecta year in and year out often become the legends of the investing world. Long story short, there is a near-perfect correlation between consistent earnings growth and huge winners. On that note, here are three market-beating stocks that deserve a spot on your list. Five-Year Return: +315% Initially in the defense industry, Griffon (NYSE:GFF) is a now diversified company specializing in home improvement, professional equipment, and building products. Why Could GFF Be a Winner? Operating profits increased over the last five years as the company gained some leverage on its fixed costs and became more efficient Incremental sales significantly boosted profitability as its annual earnings per share growth of 32.6% over the last five years outstripped its revenue performance Free cash flow margin jumped by 10 percentage points over the last five years, giving the company more resources to pursue growth initiatives, repurchase shares, or pay dividends Griffon's stock price of $68.17 implies a valuation ratio of 11.4x forward P/E. Is now the time to initiate a position? Find out in our full research report, it's free. Five-Year Return: +191% Helping build race cars at one point, Allison Transmission (NYSE:ALSN) offers transmissions to original equipment manufacturers and fleet operators. Why Do We Like ALSN? Offerings are difficult to replicate at scale and lead to a best-in-class gross margin of 47.7% Highly efficient business model is illustrated by its impressive 28.8% operating margin, and its operating leverage amplified its profits over the last five years Impressive free cash flow profitability enables the company to fund new investments or reward investors with share buybacks/dividends Allison Transmission is trading at $103.84 per share, or 10.1x forward EV-to-EBITDA. Is now the right time to buy? See for yourself in our full research report, it's free. Five-Year Return: +355% One of the original 12 companies on the Dow Jones Industrial Average, General Electric (NYSE:GE) is a multinational conglomerate providing technologies for various sectors including aviation, power, renewable energy, and healthcare. Why Will GE Beat the Market? Market share has increased this cycle as its 20.1% annual revenue growth over the last two years was exceptional Robust free cash flow margin of 16.2% gives it many options for capital deployment, and its growing cash flow gives it even more resources to deploy Rising returns on capital show management is finding more attractive investment opportunities At $233.25 per share, GE Aerospace trades at 41.6x forward P/E. Is now a good time to buy? Find out in our full research report, it's free. The market surged in 2024 and reached record highs after Donald Trump's presidential victory in November, but questions about new economic policies are adding much uncertainty for 2025. While the crowd speculates what might happen next, we're homing in on the companies that can succeed regardless of the political or macroeconomic environment. Put yourself in the driver's seat and build a durable portfolio by checking out our Top 9 Market-Beating Stocks. This is a curated list of our High Quality stocks that have generated a market-beating return of 176% over the last five years. Stocks that made our list in 2020 include now familiar names such as Nvidia (+1,545% between March 2020 and March 2025) as well as under-the-radar businesses like the once-small-cap company Exlservice (+354% five-year return). Find your next big winner with StockStory today for free. Error 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
The Hindu
17-05-2025
- Business
- The Hindu
Good Fashion Fund invests in textile units in Tamil Nadu
The Good Fashion Fund (GFF), an impact investment fund set up in 2019 and managed by the Netherlands-based FOUNT, has invested $ 1.75 million in Coimbatore-based Sharadha Terry Products. Jayanth Kashyap, investment lead of GFF, told The Hindu on Friday that so far four textile/apparel companies in India, including three in Tamil Nadu, had received almost $ 10 million dollars of long term debt investment from the GFF. The investments were primarily into environment or sustainability-related production technologies or renewable energy generation. The investment would be for a maximum of five years. The GFF raised close to $ 20 million in the first phase and was raising the second phase funds now. It would start investing about $ 60 million by the end of 2025 or early 2026 in the textile and apparel sectors in India, Bangladesh, Vietnam and Turkey, he said. 'We will be making more investments in India as for us it is an important textile producer nation,' said Mr. Kashyap. When ESG norms became mandatory for exports to the European Union, the supplier companies that had investments from the fund would benefit, he added.
Yahoo
11-05-2025
- Business
- Yahoo
Results: Griffon Corporation Beat Earnings Expectations And Analysts Now Have New Forecasts
Last week, you might have seen that Griffon Corporation (NYSE:GFF) released its second-quarter result to the market. The early response was not positive, with shares down 3.6% to US$68.48 in the past week. Revenues were US$612m, approximately in line with expectations, although statutory earnings per share (EPS) performed substantially better. EPS of US$1.21 were also better than expected, beating analyst predictions by 13%. Earnings are an important time for investors, as they can track a company's performance, look at what the analysts are forecasting for next year, and see if there's been a change in sentiment towards the company. With this in mind, we've gathered the latest statutory forecasts to see what the analysts are expecting for next year. AI is about to change healthcare. These 20 stocks are working on everything from early diagnostics to drug discovery. The best part - they are all under $10bn in marketcap - there is still time to get in early. Following last week's earnings report, Griffon's seven analysts are forecasting 2025 revenues to be US$2.57b, approximately in line with the last 12 months. Per-share earnings are expected to climb 18% to US$5.78. In the lead-up to this report, the analysts had been modelling revenues of US$2.60b and earnings per share (EPS) of US$5.72 in 2025. So it's pretty clear that, although the analysts have updated their estimates, there's been no major change in expectations for the business following the latest results. View our latest analysis for Griffon The analysts reconfirmed their price target of US$97.14, showing that the business is executing well and in line with expectations. That's not the only conclusion we can draw from this data however, as some investors also like to consider the spread in estimates when evaluating analyst price targets. The most optimistic Griffon analyst has a price target of US$115 per share, while the most pessimistic values it at US$90.00. Even so, with a relatively close grouping of estimates, it looks like the analysts are quite confident in their valuations, suggesting Griffon is an easy business to forecast or the the analysts are all using similar assumptions. One way to get more context on these forecasts is to look at how they compare to both past performance, and how other companies in the same industry are performing. We would highlight that Griffon's revenue growth is expected to slow, with the forecast 1.2% annualised growth rate until the end of 2025 being well below the historical 5.1% p.a. growth over the last five years. By way of comparison, the other companies in this industry with analyst coverage are forecast to grow their revenue at 5.4% per year. So it's pretty clear that, while revenue growth is expected to slow down, the wider industry is also expected to grow faster than Griffon. The most important thing to take away is that there's been no major change in sentiment, with the analysts reconfirming that the business is performing in line with their previous earnings per share estimates. Fortunately, the analysts also reconfirmed their revenue estimates, suggesting that it's tracking in line with expectations. Although our data does suggest that Griffon's revenue is expected to perform worse than the wider industry. The consensus price target held steady at US$97.14, with the latest estimates not enough to have an impact on their price targets. Keeping that in mind, we still think that the longer term trajectory of the business is much more important for investors to consider. We have forecasts for Griffon going out to 2027, and you can see them free on our platform here. Plus, you should also learn about the 1 warning sign we've spotted with Griffon . Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
NZ Herald
10-05-2025
- General
- NZ Herald
On The Up: Jessica Cameron's journey to shepherd on Waikato farm
'I spent a few days on my uncle's Helensville sheep and beef farm through the Gateway programme at school, and found I really liked farming.' Getting into farming 'When I was looking at how to get into farming in 2022, I realised it was quite hard if you weren't born into a farming family,' Cameron said. 'My uncle had a student from GFF, and it looked like a really good way to enter the industry and be well-trained and come out with NZQA unit standards.' Growing Future Farmers is New Zealand's largest farmer-led vocational workforce training programme. It spans two years and is fee-free within the sheep, beef and deer sector. After being matched with Alastair and Ann Reeves of Waimai Romney Stud in Te Akau as possible farmer trainers for her two-year placement, Cameron visited the farm and was offered a place. 'Waimai is a ram stud, and they also have their own breed, Chara Blacks,' she said. 'They are all about genetics, testing and selection, and that really makes your brain work, and I enjoyed being part of that.' Alastair and Ann are very supportive of sport at high levels and willingly gave Cameron the time off to continue with waka ama. She competed with the Aotearoa Waka Ama Team at the 2024 World Championships in Hawaii, and she manages her training using a machine in her room. Farm life Cameron lived with three other students from Growing Future Farmers who were on other farms in the area. Students are allocated to a student success adviser, and she described her SSA, Morgan Lilley, as her second mum, saying 'she was great'. Four days a week (32 hours), Cameron worked on the farm and also attended courses once a week covering shearing, fencing, tractor driving, equine care, ATV driving, chainsaw and dog training. She said the curriculum covered an extensive list of courses and skills. Advertise with NZME. 'At the beginning of the first year, we get a heading dog pup to train, and we get a huntaway pup halfway through the first year. 'I was fortunate enough to be trained by one of New Zealand's top dog triallists, Leo Jecentho, who also hand-picked my pups. 'My heading dog, Smoke, has the genetics of Leo's champion dogs, and I get to keep both my dogs when I graduate the programme.' Fridays also included a Zoom call with Eastern Institute of Technology tutors, and completing her assessments, which Cameron admitted she sometimes had to focus on. The programme covers costs for 'our house, Wi-Fi, power and meat, and we get around $200 a week from our sponsorship money for food and anything else. 'I've got really good at budgeting, and we did a financial literacy course on budgeting with Rabobank.' A future farmer Cameron's new role won't take her out of the area where she has just spent the last two years, and she will still be close to two of her former housemates who also have their first jobs in the Te Akau area. 'I'll be on a 1000-ha effective sheep and beef farm carrying 10,000 stock units with a 50/50 split between Romney breeding sheep and Angus steers.' She is looking forward to starting work and applying her skills to a real farming job. 'Because of the GFF programme, I've got qualifications and two years of industry experience, allowing me to enter farming at a more senior level. 'I'm going to be working with a GFF student myself, so that will be really good.' Cameron said she found the whole GFF experience supportive and enjoyable. She is grateful to her farmer trainers, Alastair and Ann, but also to their farm manager, Tom Lilley, whom she shadowed for the two years.
