Wolverine World Wide(WWW) - 2025 Q4 - Annual Results
2026-02-26 11:32
Exhibit 99.1 9341 Courtland Drive NE, Rockford, MI 49351 Phone (616) 866-5500 FOR IMMEDIATE RELEASE CONTACT: Jared Filippone, CFA investor.relations@wwwinc.com WOLVERINE WORLDWIDE REPORTS FOURTH QUARTER AND FULL YEAR 2025 RESULTS ROCKFORD, Mich., February 26, 2026 – Wolverine World Wide, Inc. (NYSE: WWW) today reported financial results for the fourth quarter and full year 2025 ended January 3, 2026. "We exceeded our expectations across all key metrics in the fourth quarter, finishing a solid year for the C ...
Certara(CERT) - 2025 Q4 - Annual Results
2026-02-26 11:24
Exhibit 99.1 Certara Reports Fourth Quarter 2025 Financial Results; Provides Full Year 2026 Guidance FY 2025 Revenue of $418.8M (9% growth) and Adj. EBITDA of $134.5M (10% growth) Fourth Quarter Revenue of $103.6M (3% growth) and Adj. EBITDA of $32.5M (-3% decline) FY 2026 Revenue Growth of 0-4% FY 2026 Adjusted EBITDA Margin of 30-32% FY 2026 Adjusted Diluted EPS of $0.44-$0.48 RADNOR, PA— February 26, 2026-- Certara, Inc. (Nasdaq: CERT), a global leader in model-informed drug development, today reported i ...
Enovis(ENOV) - 2025 Q4 - Annual Results
2026-02-26 11:22
Enovis reported fourth-quarter net loss from continuing operations of $519 million. This loss from continuing operations included a non-cash goodwill impairment charge of $501 million after evaluating the Company's stock price and market capitalization relative to the carrying value of our Recon and P&R reporting units. Enovis also reported adjusted EBITDA of $112 million. The Company reported fourth-quarter 2025 net loss from continuing operations of $9.07 per share and adjusted earnings per diluted share ...
TORM plc(TRMD) - 2025 Q4 - Annual Report
2026-02-26 11:16
Financial Performance and Projections - In 2024, the company realized time charter equivalent (TCE) rates of $36,061 per day, which are expected to decrease to $28,783 per day in 2025[25]. - Revenues are substantially derived from a single segment, the product tanker segment, exposing the company to adverse developments in this market[36]. - The company faces significant risks from macroeconomic conditions, including rising oil prices, high interest rates, and supply chain constraints, which could adversely affect financial performance[29]. - A substantial portion of revenues is generated from a limited number of customers, and the loss of any key customer could result in significant revenue loss[26]. - The company has significant financial debt, which limits funds available for other corporate purposes and may affect operational flexibility[26]. - The value of the product tanker fleet decreased by approximately 13.3% in 2025, excluding vessels sold or acquired during the year[37]. - Seasonal fluctuations in demand typically result in stronger revenues in the fiscal quarters ending December 31 and March 31[39]. - The company’s product tanker fleet value decreased by approximately 13.3% in 2025, excluding vessels sold or acquired, which could adversely affect future performance and financial position[84]. - The company may need to procure additional funding in the future if cash flows from operations are insufficient, which could result in dilution of existing shareholders[137]. - As of December 31, 2025, TORM had available liquidity of $562.3 million, including cash and cash equivalents of $163.5 million and undrawn committed credit facilities of $398.8 million[136]. Market and Operational Risks - The product tanker sector is cyclical and volatile, leading to potential reductions in charter rates, vessel values, and overall operational results[25]. - The aging product tanker fleet may lead to increased operating costs and decreased competitiveness, affecting earnings negatively[26]. - The company is dependent on spot charters, and any decrease in spot charter rates may adversely affect earnings[23]. - The global economy faces challenges such as geopolitical tensions and potential disruptions in shipping routes, which could impact business operations[30]. - An oversupply of product tankers has led to increased volatility in charter hire rates, affecting profitability and cash flows[38]. - The company faces unpredictable and potentially substantial dry-docking repair costs, which could materially decrease earnings during repair periods[89]. - Labor interruptions, if unresolved, could adversely affect the company's operations, cash flows, and financial position[90]. - Global operations expose the company to risks from political instability, economic sanctions, and public health concerns, potentially impacting business performance[91]. - Geopolitical instability may disrupt key tanker routes, affecting shipping demand and operational efficiency[93]. - The ongoing conflict in Ukraine and related sanctions could adversely affect the company's financial condition and operating results[95]. Regulatory and Compliance Challenges - The company is subject to complex laws and regulations, including environmental laws, which can adversely impact financial results[22]. - Compliance with complex environmental laws and regulations may require costly operational changes, impacting financial performance[54]. - The European Waste Shipment Regulation mandates that non-EU flagged ships departing from EU ports be recycled only in OECD member countries, which may negatively impact revenue from residual values of vessels[65]. - The EU's Emissions Trading System will require shipowners to purchase emission allowances, with compliance phases set at 40% for 2024, 70% for 2025, and 100% for 2026, leading to increased compliance and administration costs[70]. - The FuelEU Maritime regulation, effective January 2025, requires shipping companies to gradually lower GHG intensity in fuels, necessitating the purchase of more expensive biofuels[72]. - The company is subject to various security and customs inspections that can result in cargo seizure, delays, and additional financial obligations, potentially impacting future performance and cash flows[88]. - The company is subject to significant legal and financial compliance costs due to being a U.S.-listed public company, which may divert management's attention from strategic initiatives[146]. - The implementation of the updated United Kingdom Corporate Governance Code will require enhanced board-level monitoring and could increase compliance costs[150]. - The company is subject to the UK Bribery Act, the U.S. Foreign Corrupt Practices Act, and other anti-corruption laws, which could lead to civil or criminal penalties if not complied with[212]. Environmental and Technological Factors - The International Energy Agency (IEA) forecasts that the rapid uptake of electric vehicles could avoid 6 million barrels per day of oil demand by 2030 and over 10 million barrels per day by 2035[44]. - The growth of electric vehicles, which accounted for over 20% of new car sales globally in 2024, may decrease the demand for crude oil and petroleum products[44]. - The company has installed hybrid-prepared open-loop scrubbers on all vessels, which can be refitted into hybrid scrubbers, but increasing restrictions on open-loop scrubbers may lead to higher operational costs due to reliance on low-sulfur fuels[67][68]. - Technological advancements and changing supply chain dynamics may reduce demand for maritime services, impacting overall shipping activity[114]. Financial Liabilities and Shareholder Concerns - As of December 31, 2025, the company had interest-bearing debt totaling $1,011.9 million and cash and cash equivalents of $163.5 million, resulting in a net debt of $848.4 million[181]. - The company may incur additional debt in the future, which could limit its ability to obtain financing for working capital or capital expenditures on favorable terms[182]. - The company has a minimum cash requirement per vessel fixed at $1.8 million since September 30, 2022, which impacts its ability to distribute dividends[197]. - The company may issue additional securities without shareholder approval, which could dilute existing shareholders' ownership interests[201]. - The market price of the company's Class A common shares has historically fluctuated significantly, which may continue to affect trading volatility[203]. - The company faces risks related to interest rate fluctuations under its financing agreements, which could negatively impact profitability and cash flow[190]. - A change of control could trigger mandatory repayment provisions in the company's debt facilities, potentially leading to foreclosure on its vessels[193]. - The company’s ability to pay dividends may be affected by statutory and contractual limitations under current or future debt arrangements[200]. Investor and Market Perception - Increasing scrutiny from investors regarding ESG policies may impose additional costs and risks, affecting the company's reputation and access to capital[78][80]. - Investigations into potential violations of anti-corruption laws could materially affect the company's reputation and future performance[216]. - U.S. investors may face difficulties in enforcing civil liabilities against the company and its directors due to its incorporation under the laws of England and Wales[217]. - The enforceability of U.S. court judgments in England is uncertain, particularly regarding civil liabilities based on U.S. federal securities laws[218].
Integra LifeSciences(IART) - 2025 Q4 - Annual Results
2026-02-26 11:15
News Release Integra LifeSciences Reports Fourth Quarter and Full-Year 2025 Financial Results and Provides 2026 Financial Guidance Princeton, New Jersey, February 26, 2026 - Integra LifeSciences Holdings Corporation (NASDAQ: IART) today reported financial results for the fourth quarter and full year ended December 31, 2025. Fourth Quarter 2025 Full-Year 2025 "In the fourth quarter, we drove tangible operational progress while continuing to deliver for our customers and patients," said Mojdeh Poul, president ...
Ducommun(DCO) - 2025 Q4 - Annual Results
2026-02-26 11:12
Ducommun Incorporated Reports Fourth Quarter 2025 Results Strong Finish to 2025; Record Full Year Revenue and Gross Margins EXHIBIT 99.1 NEWS RELEASE COSTA MESA, CALIFORNIA (February 26, 2026) – Ducommun Incorporated (NYSE: DCO) ("Ducommun" or the "Company") today reported results for its fourth quarter and year ended December 31, 2025. Fourth Quarter 2025 Recap "We continued to make excellent progress to close out year three of our five year VISION 2027 with gross margin and Adjusted EBITDA margins at reco ...
Arhaus(ARHS) - 2025 Q4 - Annual Results
2026-02-26 11:07
John Reed, Co-Founder and Chief Executive Officer, said: "The Arhaus team delivered record net revenue of $1.38 billion in 2025, an increase of 8.5%, underscoring the strength and durability of our differentiated model rooted in artisan craftsmanship and heirloom-quality design. This performance was driven by continued expansion of our Showroom footprint and strong client engagement across our integrated omni-channel model. Comparable Written Sales increased 1.3% for the full year and Comparable Delivered S ...
Fortrea (FTRE) - 2025 Q4 - Annual Results
2026-02-26 11:05
Exhibit 99.1 Fortrea Reports Fourth Quarter and Full-Year 2025 Results; Issues Full-Year 2026 Guidance Revenue and Adjusted EBITDA results delivered in line with stated full-year targets Full ‑ year cost savings exceeded previously communicated targets Highlights: DURHAM, N.C., February 26, 2026 — Fortrea (Nasdaq: FTRE) (the "Company"), a leading global contract research organization (CRO), today reported financial results for the fourth quarter and full year ended December 31, 2025. "We finished 2025 with ...
Privia Health (PRVA) - 2025 Q4 - Annual Results
2026-02-26 11:05
Privia Health Reports Fourth Quarter and Full-Year 2025 Financial Results Exhibit 99.1 ARLINGTON, VA – February 26, 2026 – Privia Health Group, Inc. (Nasdaq: PRVA) today announced financial and operating results for the fourth quarter and full year ended December 31, 2025. Each of the Company's operating and financial performance metrics were at or above the high end of its guidance ranges for 2025, as highlighted below. Full-Year Performance | | | | For the Years Ended December 31, | | | | --- | --- | --- ...
Amer Sports(AS) - 2025 Q4 - Annual Report
2026-02-26 02:51
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 _____________________________________________ FORM 20-F _____________________________________________ (Mark One) For the fiscal year ended December 31, 2025 Commission File Number: 001-41943 Amer Sports, Inc. (Exact name of registrant as specified in its charter) N/A (Translation of Registrant's name into English) Cayman Islands (Jurisdiction of incorporation or organization) Cricket Square, Hutchins Drive P.O. Box 268 ...