Latest news with #IndustrialSector
Jordan Times
7 days ago
- Business
- Jordan Times
Industrial production increases by 1.80% in H1 of 2025
AMMAN — The General Industrial Production Index (IPI) increased by 1.8 per cent during the first half of 2025, reaching 87.77 points compared with 86.21 points during the same period last year, according to the latest report by the Department of Statistics (DoS). The cumulative in the Industrial Production Index for the first half of this year compared with the same period last year was due to a 1.92 per cent increase in the Manufacturing Industries Sector. While, the mining sector declined by 2.47 percent, and Electricity production rose by 3.04 per cent during the same period last year. The monthly report issued on Tuesday also indicated that the IPI for June 2025 reached 90.07 points, up 0.43 per cent from 89.69 points recorded in June 2024, according to public service TV Al Mamlaka. On a monthly change basis, the General Industrial Production Index for June of 2025 increased compared with May of the same year due to a 0.97 per cent rise in the Manufacturing Industries Sector, an 2.68 per cent increase in mining and quarrying production, while a 9.30per cent decreased in the Electricity production. The IPI for June reached 90.07 points, compared with 88.04 points in May of the same year, marking an increase of 2.31 per cent. On a sectoral level, comparing June of 2025with June 2024, the Manufacturing Industries Sector increased by 2.16 per cent, mining and quarrying increased by 0.58 per cent, while the Electricity production up by 6.14 per cent.
Bloomberg
08-08-2025
- Business
- Bloomberg
Industrial Takeovers Top $200 Billion Even as Tariffs Chill Investment
Takeover activity in the industrial sector has accelerated to the strongest level in years despite growing warnings about the cost of tariff uncertainty. To get Industrial Strength delivered directly to your inbox, sign up here. Industrial executives are feeling confident enough to strike blockbuster deals, even as widespread economic uncertainty and rising costs make customers in many parts of the manufacturing economy wary of committing to longer-term projects.
Yahoo
07-08-2025
- Business
- Yahoo
u-Blox Holding AG (UBLXF) (H1 2025) Earnings Call Highlights: Strong Revenue Growth Amidst ...
Revenue Growth: 32% year-over-year increase in H1 2025. Cash EBIT Margin: Positive at 2.4%, up 30 percentage points from the previous year. Free Cash Flow: CHF5.4 million generated in H1 2025. Gross Margin: 58.2%, a 6 percentage point increase year-over-year. Net Working Capital: Reduced to CHF33 million, representing 14% of revenue. Net Cash Position: CHF101 million at the end of H1 2025. Locate Business Revenue: Grew 32% year-on-year to CHF106.7 million. Short-range Business Revenue: Increased by 24% to CHF16.7 million. Automotive Business Revenue: Grew 40% year-on-year to CHF52.1 million. Industrial Segment Revenue: Increased by 30% to CHF68.1 million. SG&A Expenses: Reduced by 18% to CHF23.4 million. Cash R&D Spending: CHF44.9 million, down from CHF47.8 million the previous year. Warning! GuruFocus has detected 5 Warning Signs with UBLXF. Release Date: August 06, 2025 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Positive Points u-Blox Holding AG (UBLXF) reported a strong revenue growth of 32% year-over-year, driven by recovery in the Automotive and Industrial sectors. The company's cash EBIT margin turned positive at 2.4%, a significant improvement from the previous year. u-Blox generated CHF5.4 million in free cash flow, highlighting effective cost management and working capital improvements. The divestment of the Cellular business allows u-Blox to focus on its core business areas, enhancing technological leadership and growth potential. The company has reduced its operational expenses significantly, with a 30% reduction in OpEx and a streamlined workforce, enhancing agility and capital efficiency. Negative Points Geopolitical volatility and slower-than-expected recovery in key markets are leading to cautious ordering behaviors from customers. Despite improvements, the R&D expenditure as a percentage of sales remains high compared to industry standards. The company's consumer and other applications segment continued to decline, with revenue down 27% year-over-year. The short-term visibility remains limited due to ongoing geopolitical uncertainties impacting ordering patterns. The divestment of the Cellular business resulted in a negative free cash flow of CHF12 million from discontinued operations. Q & A Highlights Q: What are the key drivers for the potential upside in gross margin, particularly for the GNSS business? A: Camila Japur, CFO, explained that the company expects to continue growing, which should lead to a higher operating level on revenue, thereby strengthening the gross margin. However, specific details on operating leverage at the COGS level were not disclosed. Q: Is there any potential for further savings in R&D expenses, given that they are high as a percentage of sales compared to industry averages? A: Camila Japur noted that while the R&D ratio is high, the focus is on increasing revenue rather than significantly reducing R&D. The company aims to maintain its technology leadership and expects the R&D percentage to align with market standards as revenue grows. Q: Can you provide more details on the orders that have doubled for ADAS and Robotics, and how material these are? A: Stephan Zizala, CEO, highlighted that while absolute revenues for Autonomous Driving are still low, there has been a significant increase in order entry, indicating strong future growth potential. However, specific figures were not disclosed. Q: What is the current gross margin for the Short-range business, and is there any upside potential? A: Camila Japur confirmed that the Short-range business currently has a gross margin of around 30%, with the higher margin potential primarily coming from the GNSS business. Q: How does u-Blox plan to manage its cost base and maintain profitability in the face of geopolitical volatility and cautious customer ordering behaviors? A: Stephan Zizala stated that the company has made significant cost base adjustments over the past year, improving flexibility and resilience. They maintain a strict cost focus while continuing to invest in innovation to support growth in core markets. For the complete transcript of the earnings call, please refer to the full earnings call transcript. This article first appeared on GuruFocus.
Yahoo
06-08-2025
- Business
- Yahoo
Are Wall Street Analysts Bullish on GE Vernova Stock?
GE Vernova Inc. (GEV) is a leading global energy technology company headquartered in Cambridge, Massachusetts. Formed in 2024, the company is dedicated to advancing electrification and accelerating decarbonization across the global energy landscape. With a current market capitalization of $101.4 billion, GE Vernova is positioned at the forefront of the transition to cleaner, more sustainable energy solutions. Shares of GE Vernova have delivered exceptional returns, dramatically outperforming the broader market and sector peers over the past year. GEV has surged 300.5% over this time frame, while the broader S&P 500 Index ($SPX) has rallied 21.5%. Year-to-date, GEV is up 97.5%, compared to a 7.1% rise in the S&P 500. More News from Barchart This High-Yield Dividend Stock Is Staging a Comeback. Should You Buy Shares Now? Palantir's Free Cash Flow Margins and Forecasts Rise - Where This Leaves PLTR Stock Cathie Wood is Buying Figma Stock with Both Hands. Should You Buy This Hot IPO, Too? Tired of missing midday reversals? The FREE Barchart Brief newsletter keeps you in the know. Sign up now! Even within its sector, GEV stands out, surpassing the Industrial Select Sector SPDR Fund (XLI), which posted a 25.1% return over the past year and a 14.5% gain YTD. On Jul. 23, GEV shares skyrocketed 14.6% after the company released its fiscal 2025 second-quarter earnings. Its revenue rose 11% year-over-year to $9.1 billion, beating forecasts, and adjusted EBITDA margins reached 8.5%, driven by solid growth in both equipment and services. Orders climbed 4% organically to $12.4 billion, led by a 44% surge in Gas Power, which also saw margin expansion to 16.4%. The company has raised its 2025 free cash flow guidance to $3.0–$3.5 billion and now targets the upper end of its $36–$ 37 billion revenue range. For the current fiscal year, ending in December 2025, analysts expect GEV's EPS to grow 235% year-over-year to $8.04. The company's earnings surprise history is mixed. It topped the consensus estimates in three of the last four quarters while missing on another occasion. Among the 27 analysts covering the stock, the consensus rating is a 'Strong Buy.' That's based on 18 'Strong Buy' ratings, two 'Moderate Buys,' and seven 'Holds.' This configuration is less bullish than two months ago, with 19 'Strong Buy' ratings on the stock. On July 24, Citigroup Inc. (C) raised its price target on GE Vernova from $544 to $670 while maintaining a 'Neutral' rating after the company's Q2 2025 earnings release. While GEV currently trades above the mean price target of $636.12, the Street-high price target of $736 implies a potential upside of 13.3% from the current price levels. On the date of publication, Kritika Sarmah did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on
Yahoo
14-07-2025
- Business
- Yahoo
What to Expect From Trane Technologies' Next Quarterly Earnings Report
Swords, Ireland-based Trane Technologies plc (TT) designs, manufactures, sells, and services solutions for heating, ventilation, air conditioning, and custom and transport refrigeration. With a market cap of $97.6 billion, the company is poised to announce its fiscal Q2 earnings results on Thursday, July 30, before the market opens. Ahead of this event, analysts expect the company to report a profit of $3.76 per share, up 13.9% from $3.30 per share in the year-ago quarter. The company has surpassed Wall Street's bottom-line estimates in each of the past four quarters. Shopify Stock is a Bargain - How to Make a 3.2% One-Month Yield with SHOP Tariffs, Inflation and Other Key Things to Watch this Week Stocks Set to Open Lower as Trump Ratchets Up Tariff Threats, U.S. Inflation Data and Big Bank Earnings Awaited Our exclusive Barchart Brief newsletter is your FREE midday guide to what's moving stocks, sectors, and investor sentiment - delivered right when you need the info most. Subscribe today! For fiscal 2025, analysts expect TT to report an EPS of $12.92, up 15.2% year over year from a profit per share of $11.22 in fiscal 2024. Moreover, in FY2026, the company's EPS is expected to increase 11.2% annually to $14.36. TT stock has grown 27% over the past 52 weeks, outperforming the Industrial Select Sector SPDR Fund's (XLI) 21.7% surge and the S&P 500 Index's ($SPX) 12.1% uptick during the same time frame. TT shares soared 8.5% following the release of its Q1 earnings on Apr. 30. The company's reported and organic revenues both increased 11% year-over-year to $4.7 billion, and surpassed the Street's estimates. Moreover, its adjusted EPS for the quarter rose 26% from the prior year's quarter to $2.45 and exceeded the consensus estimates by 11.4%. Wall Street analysts are somewhat bullish about TT's stock, with a "Moderate Buy" rating overall. Among 20 analysts covering the stock, seven recommend "Strong Buy," 12 suggest a 'Hold,' and one suggests a 'Strong Sell.' While TT currently trades above its mean price target of $436.83, the Street-high target of $500 indicates a potential upswing of 14.3% from the current market price. On the date of publication, Kritika Sarmah did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on 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
