Latest news with #Guzzi
NZ Autocar
6 days ago
- Automotive
- NZ Autocar
2025 Moto Guzzi V85 TT Travel Review
In a bike world long ruled by 'more is better', motorcycles like the Moto Guzzi V85 TT Travel make you rethink things. Adventure bikes like these – now the default tourers – bask in moderation and they're all the better for it. Take the time to soak in the environs you're passing through. This will canter at a trot, but an involving meander is its real superpower. And unlike many machines that have myriad niggly annoyances, this is largely devoid of such. Upshifting could be a touch smoother, and there's not enough room on the pegs to ride on your forefoot. It's also rather too easy to accidentally flick the high beams on. But that's about the long and short of it. Well, a new Guzzi it isn't. They don't come along all that often. The last one was the V100 Mandello, a centenary celebration beast. Put simply, the Travel is a V85 TT set up for touring. Like the TT it has a 23L tank so range exceeds 400km when it's brimmed. But this adds a large manually adjustable screen, wind deflectors for the legs, hard luggage (panniers of 35 and 25L), and heated grips and seat. There's also cornering ABS and TC thanks to a six-axis inertial platform, full LED lighting, five ride modes, a multimedia platform for smartphone integration, and cross-spoked alloys with tubeless tyres. The base V85 TT is $23,590 where the Travel is $24,990. That's a lot of kit for $1400. Its 850cc air-cooled EU5 engine makes 90 per cent of peak torque (83Nm) at 3500rpm so most of the time medium revs (velvety smooth too) are all that's needed. Rear suspension is preload adjustable on the go thanks to a handy external knob below your right leg. Up front the forks are preload and rebound adjustable. The Travel model is distinguished by its bronze paint scheme and Travel logos on the tank. Splendidly. The screen has various different positions but up or down are the main options. Down, there's more wind on your helmet, up a little less. Despite having no hole in the screen anywhere, this windbreaker is really well sorted, with zero buffeting. It is 60 per cent bigger than the standard V85 TT item and keeps most wind and weather off your upper body. The down screen position is pleasant in summer. Not everyone will appreciate the saddle height of 830mm, which makes mounting the bike tricky. We just used the left peg as a step ladder, much easier than swinging the right leg over. That also means you have to be a certain height to ride this, probably around 175cm minimum. But the extra height also means extra suspension travel, hence the name I guess. Seriously, this is a great bike for ride comfort which is sublime. Both front and rear were a touch firm initially so we backed the rear off one turn and the rebound up front just a little. The changes were clearly evident and we left it at that, perfect. Such a well cushioned ride but without a hint of wallow in corners. The riding triangle is just about ideal too, the seat oversized so you can move around on longer stints. A generous lock helps with manoeuvring. And does this handle well? About as wonderfully as you'd want in a distance tourer. The steering is outstanding. And it may well be because of the across-the-frame engine set-up. If you weight up the peg on the side you're turning, it's almost enough to initiate the change of direction. The tall and wide bars seem to require the merest hint of pressure to set you up for the corner. And despite modest rubber, this only ever feels secure in general riding conditions. There's huge amounts of ground clearance too. We didn't once dot down. It's grin-inducingly good. We've long been of the belief that middleweight displacement is enough for New Zealand conditions and this is another that validates that assertion. Here is an engine that's optimised for torque at day-to-day revs, the V85 Travel now with variable valve timing. It will ease around town in top gear and accelerates nicely from 80 onwards (3000rpm in top), while at 100km/h (just under 4000rpm) you're nearing peak torque so it's quite zippy. Not insanely so – with its shaft final drive this weighs in at 249kg wet – but enough to overtake handily in top gear. An optimised second to third gear overtake requires a tick over three seconds, essentially no change from before. Is it stronger than the old one? Not that we could determine from recall. It's still pretty torquey. The low-stress engine has several zones of interest, kicking off from 2500rpm, with another hike at 3500 and the final push from 4500rpm onwards. Only it's all over by about 7800rpm. Because there's so much midrange urge, fuel use is pretty decent; our bike hadn't done a whole lot of mileage but the average slipped below 5L/100km during our time with the Travel. At regular cruising speeds there's next to no vibration. That keeps the well designed mirrors clear and true. They're set a little wider than normal so all you see behind you is traffic, no elbows or such. And on width, you'd think something like this with panniers attached couldn't lane split, but au contraire. Providing the handlebars fit, so will everything else. It's a bit of a fiscal step up to the Mandello V100 with its extra urge and tricky active aero bits. To get the more desirable S model, you're looking at another $6500. The Travel probably has better weather protection overall but the V100 is very tasty. However, that doesn't have luggage as standard like this one. Probably best not to ride it really; I imagine most will like its extra punch but we really rate the Travel, especially if that's what you literally intend doing. Guzzis have a sneaky way of getting under your skin. They're not the quickest or flashest but they are genuine characters and that's what seems to keep folk returning to the brand. Moto Guzzi V85 TT Travel$24,990 0-100 km/h 5.03s 80-120 km/h 3.13s (890m) 100-0 km/h 39.19m Speedo error 94 at an indicated 100km/h Engine Capacity 853cc Format Air-cooled / fuel-injected / V2 Max power 59kW@7750rpm Max torque 83Nm@5100rpm Cylinder head OHV / 4v Gearbox 6-speed Drivetrain Shaft drive Suspension front 41mm USD forks, preload adjustable Suspension rear Monoshock, preload adjustable Brakes front Four-piston calipers, 320mm twin discs Brakes rear Single-piston, 260mm disc Safety systems ABS Tyre size f-110/80R19, r-150/70R17 Tyre type Michelin Anakee Road Wheelbase 1530mm Seat height 830mm Rake/trail 28° / 128mm Fuel capacity 23L Measured weight 243kg Weight distribution f-117kg / r-126kg
Yahoo
14-05-2025
- Business
- Yahoo
EME Q1 Earnings Call: Data Center and Healthcare Expansion Drive Outperformance, Tariff Risks Managed
Specialty construction contractor company EMCOR (NYSE:EME) reported Q1 CY2025 results exceeding the market's revenue expectations , with sales up 12.7% year on year to $3.87 billion. The company's full-year revenue guidance of $16.5 billion at the midpoint came in 0.8% above analysts' estimates. Its non-GAAP profit of $5.26 per share was 13.7% above analysts' consensus estimates. Is now the time to buy EME? Find out in our full research report (it's free). Revenue: $3.87 billion vs analyst estimates of $3.78 billion (12.7% year-on-year growth, 2.2% beat) Adjusted EPS: $5.26 vs analyst estimates of $4.63 (13.7% beat) Adjusted EBITDA: $360.7 million vs analyst estimates of $328.5 million (9.3% margin, 9.8% beat) The company reconfirmed its revenue guidance for the full year of $16.5 billion at the midpoint Adjusted EPS guidance for the full year is $23.33 at the midpoint, beating analyst estimates by 0.6% Operating Margin: 8.2%, in line with the same quarter last year Free Cash Flow Margin: 2.1%, down from 3.3% in the same quarter last year Market Capitalization: $21.14 billion EMCOR's first quarter results were shaped by strong performance from its Electrical and Mechanical Construction segments, supported by the integration of Miller Electric and continued demand from data center, healthcare, and water infrastructure projects. CEO Tony Guzzi pointed to the company's proactive move into new geographies and the ability to execute complex projects, stating, 'We continue to have excellent execution in our Electrical and Mechanical Construction segments with 12.5% and 11.9% operating margins, respectively.' Looking ahead, EMCOR's guidance reflects expectations for sustained operating margins, with the leadership team highlighting confidence in the company's ability to manage through tariff uncertainty and macroeconomic risks. Guzzi emphasized that the guidance range incorporates potential impacts from tariffs, noting, 'We will manage through the tariff uncertainty similar to how we manage the supply chain and cost disruptions around COVID.' The company anticipates continued growth in its key market sectors and maintains a disciplined approach to cost management and capital allocation. Management attributed the quarter's performance to robust execution in its construction businesses, expanded project scope driven by acquisitions, and ongoing strength in several end-markets. Forward-looking commentary focused on navigating external headwinds while leveraging a record project backlog to support growth. Construction Segment Momentum: The Electrical and Mechanical Construction divisions led results, with significant activity in data centers, healthcare, and water/wastewater sectors. The integration of Miller Electric contributed to both revenue growth and backlog expansion. Project Backlog Expansion: Remaining performance obligations (RPOs) rose to $11.8 billion, a 28% year-over-year increase, fueled by organic growth and the Miller acquisition. Notably, data center-related RPOs grew by 112% year-over-year. Building Services Shift: The U.S. Building Services segment saw mixed results, with mechanical services offsetting declines in site-based services. Management intends to continue prioritizing mechanical services, forecasting a shift in revenue mix to 80% mechanical services by next year. Industrial Services Headwinds: The Industrial Services segment faced challenges from a slower turnaround season due to extreme weather and increased credit loss allowances. Management expects performance to improve as the year progresses. Margin Drivers: Management credited improved margins to enhanced project execution, prefabrication, virtual design and construction (VDC) capabilities, and disciplined labor management. Segment operating margins in construction reached the higher end of historical performance. Looking forward, management expects continued growth in construction demand, supported by a diversified backlog and strategic focus on high-growth sectors, while remaining vigilant regarding external risks such as tariffs and macroeconomic uncertainty. Data Center and Healthcare Expansion: Ongoing demand for complex data center and healthcare projects is expected to sustain revenue growth, with management noting that data center activity remains strong due to increased geographic reach and larger project scopes. Tariff and Cost Management: The company's guidance incorporates potential cost impacts from tariffs, with plans to mitigate risks through contract negotiation and price adjustments. Management believes that normalization of trade barriers may further benefit domestic manufacturing activity. Project Mix and Margin Focus: The ability to maintain or improve operating margins will depend on the mix of project types, effective cost control, and continued execution of large-scale, high-margin projects. Leadership emphasized discipline in overhead and job cost management as critical to delivering on guidance. Brent Thielman (D.A. Davidson): Asked if maintaining guidance range reflected operational risks from tariffs or broader macro uncertainty. CEO Tony Guzzi clarified that the decision was driven by early-year uncertainty and not specific to growth concerns, emphasizing cautious guidance. Adam Thalhimer (Thompson Davis & Company): Queried about the strategic direction for the Building Services segment. Guzzi explained the focus would remain on growing mechanical services, aiming for an 80-20 split with site-based services. Brian Brophy (Stifel): Inquired about the sustainability of data center demand amid industry headlines. Guzzi stated that demand is increasing, with more locations and larger projects, providing good near-term visibility. Alex Dwyer (KeyBanc Capital Markets): Asked about the growth in project backlog (RPOs) compared to revenue guidance. CFO Jason Nalbandian attributed the higher backlog to longer-duration projects and the addition of Miller Electric's portfolio. Adam Bubes (Goldman Sachs): Sought clarification on margin drivers in construction and the impact of project mix. Guzzi noted that improved execution and scale, especially in large and mid-sized projects, are supporting margins at the high end of historical ranges. In the coming quarters, the StockStory team will be monitoring (1) the pace of backlog conversion in data center and healthcare projects, (2) the company's ability to offset cost pressures from tariffs and labor through contract management and pricing, and (3) whether the Building Services and Industrial Services segments demonstrate the expected rebound in performance. Execution against these milestones will provide insight into EMCOR's ability to maintain growth and margin stability. EMCOR currently trades at a forward P/E ratio of 20.2×. Should you double down or take your chips? The answer lies in our free research report. Donald Trump's victory in the 2024 U.S. Presidential Election sent major indices to all-time highs, but stocks have retraced as investors debate the health of the economy and the potential impact of tariffs. While this leaves much uncertainty around 2025, a few companies are poised for long-term gains regardless of the political or macroeconomic climate, like our Top 5 Growth Stocks for this month. 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 Comfort Systems (+782% five-year return). Find your next big winner with StockStory today.
