Latest news with #GlobalSustainabilityYearbook2025
Business Upturn
08-05-2025
- Business
- Business Upturn
Aarti Industries Delivers Volume-Led Growth in Q4; Sets Strong Foundation for FY26 with Strategic Expansions and Sustainability Focus
By PR Newswire Published on May 8, 2025, 19:20 IST MUMBAI, India , May 8, 2025 /PRNewswire/ — Aarti Industries Limited (AIL), a leading global speciality chemicals company, today announced its consolidated financial results for the fourth quarter and full year ended March 31, 2025 . The company's audited results were approved by the Board of Directors in a meeting held earlier today. The company delivered volume-led growth, sequential improvement in profitability, and continued progress on key strategic and sustainability initiatives. On a consolidated basis, for the quarter, income from operations stood at ₹ 2214 Cr, compared to ₹ 2038 Cr in Q3 FY25 ('previous quarter'). EBITDA stood at ₹ 266 Cr, compared to ₹ 236 Cr in the previous quarter. PAT stood at ₹ 96 Cr, compared to ₹ 46 Cr in the previous quarter. FY25-26 has commenced on a confident note, supported by a steady demand recovery across key segments and robust execution of AIL's long-term growth roadmap. The company remains well-positioned to leverage emerging opportunities across global markets through its diversified portfolio, innovation-led solutions, and strong customer relationships. Financial Highlights (Q4 FY25) Revenue: ₹ 2214 Cr, marking 9% QoQ growth EBITDA: ₹ 266 Cr, up 13% QoQ, reflecting operating leverage and improved cost controls PAT: ₹ 96 Cr, rising 109% sequentially on the back of better volumes and efficiency gains Commenting on the performance, Mr. Suyog Kotecha , CEO and Executive Director, said: 'We are encouraged by the positive momentum across our businesses, particularly the recovery in core product volumes and the continued execution of our expansion and sustainability agenda. FY26 begins amid a volatile macroeconomic environment, US tariffs, geopolitical tensions, etc. With a strong pipeline of growth initiatives, we are focused on delivering consistent, value-led growth while strengthening our position as a global partner of choice.' Business Highlights: Strong volume recovery in Nitro Toluene, NCB, and Ethylation-based products, supported by capacity additions. Sequential volume growth aided by refined pricing strategy and steady export demand; long-term offtake and spot flexibility maintained. Hybrid renewable energy shift through two power purchase agreements; set to deliver cost and carbon savings by FY27. Staggered commissioning of Zone IV projects in FY26 is expected to support multi-purpose manufacturing capabilities in FY27 and onwards. FY24-25 Full-Year Performance Revenue Growth: 13% EBITDA: ₹ 1016 Cr, aligned with revised guidance CAPEX: ₹ 1372 Cr focused on growth, energy efficiency, and innovation Dividend: Final dividend of ₹ 1 per share (20% of face value of Rs. 5/- each) recommended by the Board Awards and Recognition AIL earned a coveted spot in the prestigious S&P Global Sustainability Yearbook 2025 Achieved significant recognition in environmental sustainability, securing Leadership Band 'A' in CDP Climate Change and CDP Water Security for 2024 With a focus on operational excellence, margin recovery, and debt optimisation, AIL is positioned to enhance capital efficiency and execution momentum in FY26. About AIL Aarti Industries Limited (AIL) is one of the world's leading speciality chemical companies, combining process chemistry with scale-up engineering competence. The Company ranks globally 1st – 4th position for 75% of its portfolio and is a 'Partner of Choice' for various Major Global & Domestic Customers. At the heart of AIL's operations is a dedication to sustainable development, seamlessly integrating environmental stewardship into its business model by leveraging cutting-edge technologies and a robust infrastructure to deliver solutions that balance economic growth with ecological responsibility. The Company's commitment to innovative and sustainable practices and immense care for its people and the planet defines its path to success. Website – Logo: View original content: Disclaimer: The above press release comes to you under an arrangement with PR Newswire. Business Upturn takes no editorial responsibility for the same. PR Newswire is a distributor of press releases headquartered in New York City.
Yahoo
24-04-2025
- Business
- Yahoo
METLEN ENERGY & METALS S.A.: Trading Update Q1 2025
ATHENS, Greece, April 24, 2025 /PRNewswire/ -- METLEN ENERGY & METALS S.A. (the "Company" and "METLEN") (RIC: (Bloomberg: (ADR: MYTHY US) provides its Q1 Trading Update, in line with best practices in the UK, describing on-going business performance (including operational performance, turnover, but not medium or bottom-line P/L). This update introduces a refreshed approach to presenting quarter results, emphasizing transparency and accuracy. In the first quarter of 2025, METLEN demonstrated robust financial growth, driven by strategic investments and operational efficiencies, resulting in a performance that underscores its commitment to delivering sustainable value to its shareholders. Estimated Sales Revenues Q1 2025 Sales in €m. Q1 2025 Q1 2024 Δ % Metals 228 205 11 % Energy 1,180 904 31 % Infra & Conc. 92 34 171 % Total 1,500 1,143 31 % Corporate Developments Entering 2025 with strong momentum, METLEN is strategically positioning itself for further growth, as its performance and strategic direction continue to attract strong investor interest. Key corporate developments for Q1 are described below: Fairfax increases its stake again: METLEN and Fairfax Financial Holdings Limited have agreed to enter into a €110 million exchangeable bond, through which Fairfax will have an option to acquire 2,750,000 METLEN treasury shares within two years at a price of €40 per share, representing 1.92% of the Company's share capital. Following this acquisition, Fairfax's total shareholding in the Company will increase to 8.35%, reflecting strong investor confidence in the Company's strategic direction and growth prospects. Sustainability Recognition: METLEN has been included for the third consecutive year in the Dow Jones Best-in-Class Emerging Markets Sustainability Index and the S&P Global Sustainability Yearbook 2025. In the 2024 assessment, METLEN improved its overall performance for the fifth consecutive year, maintaining its position in the top 6% of companies globally with the highest ESG performance in its sector. This achievement acknowledges METLEN's commitment to social responsibility, and robust governance practices. Evangelos Mytilineos - Chairman & CEO "We remain committed on delivering growth and long-term value to our shareholders. With a clear focus on operational efficiency and strategic expansion, we continue to build on our strengths to unlock new opportunities in key markets. The year ahead marks a significant milestone for METLEN in London, reinforcing our position as a global leader and opening new roads for growth, innovation, and collaboration." Business operational updates and key highlights Energy Sector METLEN continues to strengthen its position in the global energy market, expanding its presence in key regions and advancing strategic projects. Demand for projects in Solar & BESS is expected to further enhance in quarters and years to come, while positive trends are also emerging in the Company's ongoing Asset Rotation Plan. Meanwhile, renewable energy production continues to increase. Furthermore, for the first time, Greece is becoming a net energy exporter on an annual basis, enhancing regional price coupling. Energy Operational KPIs Production (TWhrs) Q1 2025 Q1 2024 Δ % Thermal plants 2.5 2 25 % Renewables (global) 0.6 0.3 78 % Total Global Production 3.1 2.3 35 % RES stages (GW) RES in Operation 1.4 RES Under Construction 1.8 RES RTB & Late stage of Development* 2.9 RES Early Stage of Development 6.4 Total 12.5 *RTB: Ready to Build** Excludes Canada portfolio and PPC deal portfolio, while Chile is included, as per the recent agreement under which it will be owned by Glenfarne. • Battery storage projects with a combined capacity of 1.2 GWh Through strategic investments in battery storage, retail market growth, and large-scale infrastructure developments, METLEN remains committed to enhancing energy security and sustainability. Key milestones include: M Power Projects continue to demonstrate a strong pipeline of ongoing projects and in bidding phases, proving the sector's acknowledged expertise in large energy infrastructure (power plants, grids etc.). Eastern Green Link 1 (EGL1): METLEN, through M Power Projects and in partnership with GE Vernova's Grid Solutions, commenced construction on the EGL1 project, a significant initiative aimed at bolstering the UK's renewable energy infrastructure. This £2.5 billion project, a 2GW subsea interconnector between Scotland and England, developed by the joint venture of SP Energy Networks and National Grid Electricity Transmission, will provide clean energy to more than two million British households. Through Integrated Supply & Trading, METLEN continues to strengthen its presence in the energy trading sector across Southeastern Europe. M Generation & Management continues to grow in the thermal power plants and power trading sector in recent months, with strong performance continuing into Q1 2025. Retail Market Growth: Through M Customer Solutions / Protergia, METLEN managed to reach an 19.4% market share in Q1 2025 (vs Q1 2024: 17.4%) in the retail energy market, thus remaining on track to achieve its 30% market share goal. This growth reflects the Company's strategic focus on expanding its retail footprint and enhancing customer engagement. Metals Sector In Q1 2025, METLEN's Metals Sector emerged as a key growth driver, marked by major investments and strategic agreements. Metals Operating KPIs Total production volumes (th tn.) Q1 2025 Q1 2024 Δ% Alumina 210 217 -3.3 % Primary Aluminium 45 45 -0.5 % Secondary Aluminium 13 14 -7.1 % Total Aluminium Production 58 59 -2.1 % The Company announced a landmark €295.5 million investment to establish an integrated production line for bauxite, alumina, and gallium in Greece, reinforcing Europe's self-sufficiency in these critical raw materials. A milestone in METLEN's expansion was the formal recognition of its flagship gallium production investment at the historic Aluminium of Greece industrial unit as a Strategic Project by the European Commission under the Critical Raw Materials Act (CRMA). Additionally, METLEN concluded long-term strategic agreements with Rio Tinto securing supply chain improvements in both Bauxite and Alumina, solidifying the Company's position as a key player in the global metals market. Through the Bauxite Supply Agreement, Rio Tinto will supply approximately 14.9 million metric tonnes of bauxite over an 11-year period (2027-2037). These quantities will supplement METLEN's own production in the local mines. Through the Alumina Offtake Agreement, METLEN will supply Rio Tinto with 3.9 million metric tonnes of Alumina, sourced from its expanded Agios Nikolaos refinery over an 8-year period (2027-2034) with an optional 3-year extension (2035-2037). The existence of a long-term agreement with a strategic partner is critical, as it mitigates risk and improves the investment's repayment timeline. European Bauxites Merger: The merger process is proceeding as planned, with the absorption of Delfi Distomon by European Bauxites expected to be completed. METLEN continues to strengthen its strategic presence, leveraging its long-standing expertise and investing in cutting-edge defence solutions. Through the expansion of its industrial facilities in Volos and new collaborations with leading companies in the field, METLEN is solidifying its role as a key pillar of the European defence industry. With these initiatives, METLEN reaffirms its commitment to developing advanced defence infrastructure and technologies, strengthening both national and European defence industries, within the framework of ReARM Europe. Below are some key developments: Expansion of the Volos Industrial Complex: METLEN has signed a preliminary agreement for the acquisition of a 19-acre property within the Volos A' Industrial Zone, with industrial facilities covering 5.000 m2 and is already planning to acquire an adjacent 8-acre property. This area adjoins and forms a single area with the 32-acre plot acquired by the company in 2023, where METLEN is currently constructing a state-of-the-art industrial unit for the production of high-specialization metal structures for defence purposes. This total 60-acre industrial site will specialize in the construction of armoured vehicles, as well as components, equipment, and specialized structures for heavy military vehicles, utilizing advanced welding and assembly technology developed by METLEN over the past three decades. Upon construction of the new side and rehabilitation of the existing industrial facilities, the complex will consist of five plants, able to operate on up to five different projects. Partnership with Iveco Defence Vehicles: METLEN and IDV have signed a Memorandum of Understanding (MoU), establishing an exclusive collaboration for their joint participation and cooperation in the upcoming program announced by the Greek Ministry of Defence for the renewal of the existing fleet of protected and unprotected military trucks of the three branches of the Hellenic Armed Forces. The strategic collaboration between the two parties aligns with broader European efforts to strengthen defence autonomy and industrial self-sufficiency. Collaboration with KNDS France: METLEN has entered into an exclusive partnership with KNDS France for the production of the French latest generation of 8x8 Infantry Fighting armoured Vehicle, VBCI PHILOCTETES® marking a significant milestone in European defence industrial cooperation. Infrastructure & Concessions The Infrastructure & Concessions sectors continue to perform in line with management's projections for profitability and growth, achieving a turnover increase of over 100% in Q1 2025 versus the comparable period in 2024 with all projects progressing smoothly and on schedule. METKA ATE has rapidly gained market recognition, securing a strong portfolio of projects (total backlog & contracts pending signature amounts to €1.5 bn) and capitalizing on emerging opportunities in the field. By leveraging its expertise and strategic positioning, METKA ATE is reinforcing its presence in the infrastructure landscape and driving long-term value creation. In January 2025, ΜΕΤΚΑ ATE was declared the contractor for the project: "Restoration of the double railway line Athens–Thessaloniki, from the exit of Domokos Station (km 288+600) to the entrance of Krannonas Station (km 328+840), following the natural disasters 'Daniel' and 'Elias'." Project budget: €134,400,000.00. The scope of this contract includes the execution of urgent restoration works on the railway line from the exit of Domokos Station to the entrance of Krannonas Station, following the natural disasters "DANIEL" and "ELIAS," from km 288+610 to km 328+600. Specifically, the project involves the complete restoration of the double-track railway infrastructure from the damage caused by the extreme weather events of September 2023, as well as the fortification of both the railway infrastructure and superstructure of the double track. In March 2025, ΜΕΤΚΑ ATE was awarded the final contract for the project: "Static and Functional Restoration of the Roof Structures of the Main Stadium and Velodrome of O.A.K.A." Project budget: €61,355,005.20. The project concerns the upgrade of the roof of the Olympic Stadium as well as the (adjacent) roof of the Velodrome. More specifically, the project includes the drafting of studies and execution of works to repair problematic areas and to implement the necessary procedures to restore the required level of structural integrity of the metal constructions of these two emblematic structures. Outlook METLEN remains focused on executing its strategic initiatives across the Energy and Metals Sectors. The Company's ongoing investments and partnerships are expected to drive continued growth and enhance its competitive position in the global market. An extensive presentation of the Company's prospects and the large-scale investment program will be presented at the Capital Markets Day (CMD) at the London Stock Exchange on 28th April 2025, as previously announced. METLEN: METLEN Energy & Metals is a multinational industrial and energy company, a leader in the metallurgy and energy industries, focused on sustainability and circular economy. The Company is listed on the Athens Stock Exchange, with a consolidated turnover and EBITDA of €5.68 billion and €1.08 billion, respectively. METLEN is a reference point for competitive green metallurgy at the European and global level, whilst operating the only vertically integrated bauxite, alumina and primary aluminum production unit in the European Union (E.U.) with privately owned port facilities. In the energy sector, METLEN offers comprehensive solutions, covering thermal and renewable energy projects, electricity distribution and trading, alongside investments in grid infrastructure, battery storage, and other green technologies. The Company is active in the markets of all five continents, in 40 countries, adopting a full-scale synergetic model between the Metallurgy and Energy Sectors, while undertaking end-to-end development of major energy infrastructure projects. | Facebook | Χ | YouTube | LinkedIn | TikTok Forward Looking Statements: Certain statements in this announcement are forward-looking. By their nature, forward looking statements involve risks, uncertainties, assumptions and other factors that are outside the control of METLEN and could cause actual results or events to differ materially from those expressed or implied by the forward-looking statement. If you no longer wish to receive Press Releases and Updates from METLEN, click here. 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Yahoo
22-04-2025
- Business
- Yahoo
S&P Global Selects Linde for Sustainability Yearbook 2025
WOKING, England, April 22, 2025--(BUSINESS WIRE)--Linde plc (Nasdaq: LIN) announced today that it has been recognized for its industry-leading sustainability performance through inclusion in the S&P Global Sustainability Yearbook 2025. Based on S&P Global's comprehensive Corporate Sustainability Assessment, the Sustainability Yearbook comprises companies scoring in the top 15% of their industry for sustainable business practices. In the review of 7,690 companies, Linde was ranked as one of the most sustainable businesses in the world and scored the highest of any industrial gases company. "Sustainable practices are integrated into every aspect of Linde's business - from reducing emissions with innovative solutions to community projects and robust governance practices," said Erin Catapano, Vice President Sustainability, Linde. "We are proud that S&P Global continues to recognize the efforts of Linde's employees in making our world more productive, sustainably." With its products, technologies and services, Linde helps its customers avoid more than 90 million metric tons of CO2 equivalents (CO2e) per year – more than double Linde's own global emissions. Linde's climate goals include its 2035 science-based absolute greenhouse gas emissions reduction target and its 2050 climate neutrality ambition. Linde is a participant in the United Nations Global Compact, is a constituent of the FTSE4Good Index and the Dow Jones Best-In-Class Indices (formerly the Dow Jones Sustainability Indices). About Linde Linde is a leading global industrial gases and engineering company with 2024 sales of $33 billion. We live our mission of making our world more productive every day by providing high-quality solutions, technologies and services which are making our customers more successful and helping to sustain, decarbonize and protect our planet. The company serves a variety of end markets such as chemicals & energy, food & beverage, electronics, healthcare, manufacturing, metals and mining. Linde's industrial gases and technologies are used in countless applications including production of clean hydrogen and carbon capture systems critical to the energy transition, life-saving medical oxygen and high-purity & specialty gases for electronics. Linde also delivers state-of-the-art gas processing solutions to support customer expansion, efficiency improvements and emissions reductions. For more information about the company and its products and services, please visit View source version on Contacts Investor Relations Juan PelaezPhone: +1 203 837 2213Email: Media Relations Anna DaviesPhone: +44 1483 244705Email:
Business Wire
22-04-2025
- Business
- Business Wire
S&P Global Selects Linde for Sustainability Yearbook 2025
WOKING, England--(BUSINESS WIRE)--Linde plc (Nasdaq: LIN) announced today that it has been recognized for its industry-leading sustainability performance through inclusion in the S&P Global Sustainability Yearbook 2025. Based on S&P Global's comprehensive Corporate Sustainability Assessment, the Sustainability Yearbook comprises companies scoring in the top 15% of their industry for sustainable business practices. In the review of 7,690 companies, Linde was ranked as one of the most sustainable businesses in the world and scored the highest of any industrial gases company. 'Sustainable practices are integrated into every aspect of Linde's business - from reducing emissions with innovative solutions to community projects and robust governance practices,' said Erin Catapano, Vice President Sustainability, Linde. 'We are proud that S&P Global continues to recognize the efforts of Linde's employees in making our world more productive, sustainably.' With its products, technologies and services, Linde helps its customers avoid more than 90 million metric tons of CO 2 equivalents (CO 2 e) per year – more than double Linde's own global emissions. Linde's climate goals include its 2035 science-based absolute greenhouse gas emissions reduction target and its 2050 climate neutrality ambition. Linde is a participant in the United Nations Global Compact, is a constituent of the FTSE4Good Index and the Dow Jones Best-In-Class Indices (formerly the Dow Jones Sustainability Indices). About Linde Linde is a leading global industrial gases and engineering company with 2024 sales of $33 billion. We live our mission of making our world more productive every day by providing high-quality solutions, technologies and services which are making our customers more successful and helping to sustain, decarbonize and protect our planet. The company serves a variety of end markets such as chemicals & energy, food & beverage, electronics, healthcare, manufacturing, metals and mining. Linde's industrial gases and technologies are used in countless applications including production of clean hydrogen and carbon capture systems critical to the energy transition, life-saving medical oxygen and high-purity & specialty gases for electronics. Linde also delivers state-of-the-art gas processing solutions to support customer expansion, efficiency improvements and emissions reductions. For more information about the company and its products and services, please visit
Associated Press
17-04-2025
- Business
- Associated Press
Sands and Sands China Listed Top the S&P Global Sustainability Yearbook 2025 Casinos and Gaming Category
Las Vegas Sands Las Vegas Sands and Sands China were again included in the S&P Global Sustainability Yearbook, with the two companies recording the highest global environmental, social and governance (ESG) scores in the casinos and gaming category. Sands China was the highest-scoring company in the casinos and gaming category, ranking among the top 1% of S&P global ESG scores, while Sands received designation among the top 10% of overall S&P global ESG scores. Sands and Sands China were among only seven companies in the casinos and gaming industry included in the 2025 yearbook, with 41 companies assessed. Sands was the only U.S.-based company in the casinos and gaming category listed in the yearbook. The comprehensive annual overview of the state of corporate sustainability around the world is based on evaluation of ESG performance. More than 7,690 companies assessed for the 2024 Corporate Sustainability Assessment (CSA) were considered for inclusion in the S&P Global Sustainability Yearbook 2025. Distinctions are calculated against the top-performing company in each industry, and exclusions applied thereafter. This year, only 780 companies made it into the S&P Global Sustainability Yearbook. These designations for Sands and Sands China are the latest recognition from the world's leading reputational benchmarks that assess ESG performance. This past December, Sands was again recognized on the Dow Jones Sustainability™ Indices (DJSI), with placement on both DJSI World and DJSI North America for the fifth consecutive year. Sands China was named to DJSI World and DJSI Asia Pacific for the third consecutive year. Sands also was included in Newsweek's America's Most Responsible Companies 2025, ranking 60th out of 600 companies, and was highest among the 19 companies making the list in the hotels, dining and leisure industry. 'As we strive to push our performance forward each year, the stringent CSA assessment provides an important benchmark for the impact we are making in the areas we've prioritized,' Katarina Tesarova, senior vice president and chief sustainability officer, said. 'Recognition in the yearbook demonstrates our progress, yet we do not take inclusion for granted. We know we must continually advance to receive this important designation, and that is always our goal.' With the goal of achieving measured and ongoing ESG progress, Sands established 2021-2025 ambitions to invest $200 million in workforce development, contribute 250,000 volunteer hours to its communities and reduce carbon emissions by 17.5% by the end of the period, mapping to its People, Communities and Planet corporate responsibility pillars. Sands will report its progress on these targets in the 2024 Environmental, Social and Governance report, which will be released in spring 2025. To learn more about the company's corporate responsibility initiatives, read the latest environmental, social and governance report: Visit 3BL Media to see more multimedia and stories from Las Vegas Sands
