BETHESDA, Md., Aug. 26, 2025 (GLOBE NEWSWIRE) -- Liquidity Services (NASDAQ:LQDT), a leading global commerce company powering the circular economy, today announced that Bill Angrick, Co-Founder, Chairman, and CEO, will present at the Midwest IDEAS conference on Wednesday, August 27, 2025, in Chicago, IL. Throughout the day, leaders and innovators will participate in one-on-one meetings to discuss emerging trends influencing the future. About Liquidity Services Liquidity Services (NASDAQ:LQDT) operates the w ...

Martela Corporation, Half year report, 13.8.2025, at 08:00 a.m. The revenue and operating result for January-June 2025 improved compared to the same period of the previous year. Operating result turned profitable in April-June 2025. April–June 2025 Revenue was EUR 24.6 million (21.0), representing a change of 17.0% Operating result was EUR 0.1 million (-1.6)Operating profit per revenue was 0.5% (-7.7%)The result for the period was EUR -0.4 million (-2.1)Earnings per share amounted to EUR -0.09 (-0.45) Janu ...

Company Overview - Tarkett is a global leader in innovative and sustainable flooring and sports surface solutions, with a history spanning over 140 years [3] - The company generated a turnover of €3.3 billion in 2024 and employs nearly 12,000 people [3] - Tarkett operates 24 R&D centers, 8 recycling centers, and 35 production sites, serving customers in over 100 countries [3] Financial Report - The financial report for the first half of Fiscal 2025 is now available online and has been filed with the Autorité des marchés financiers (AMF) [1] - The report includes condensed consolidated financial statements, a first half activity report, a statement of responsibility, and the auditors' report on the limited review of the financial statements [2] Investor Relations - Investors can access the financial report on Tarkett's website under the "Investors" section [2] - Contact information for investor relations and media inquiries is provided, including emails and phone numbers for relevant contacts [2]

Financial Data and Key Metrics Changes - The company achieved a total sales volume of 55,500 tons, an increase of approximately 10% compared to the same quarter last year [13] - Revenue from operations reached ₹4.33 crores, up by 5% year-over-year, although mitigated by declining prices [13] - EBITDA per ton was reported at ₹7,077, a decrease of 18% primarily due to an inventory valuation loss of ₹6 crores and a production shutdown of 10 to 12 days [13][14] - Profit After Tax (PAT) stood at ₹20 crores, down from ₹26 crores in the corresponding quarter last year [14] Business Line Data and Key Metrics Changes - The company has successfully stabilized its operations and maintained volume targets despite pricing pressures [3] - Margins are under pressure due to ongoing price cuts, with EBITDA per ton at the lower end of the range [4] - The company is implementing cost control measures effectively, contributing to operational stability [3] Market Data and Key Metrics Changes - The company is experiencing pricing pressure due to competition from larger players in the market [26] - Sales have increased, indicating the company is managing to maintain its market position despite external pressures [26] Company Strategy and Development Direction - The company is focused on expanding its operations with the commissioning of a new steel plant expected by July 2029 [18] - A new forging line is being developed in collaboration with IT, targeting specialized products with minimal competition in India [10][11] - The company aims to maintain a conservative balance sheet with a target debt-to-equity ratio of 0.5:1 [9] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about future margins, citing several factors that could improve EBITDA per ton, including the commissioning of a solar plant and a new reheating furnace [30] - The management believes that the current pricing pressure is unlikely to worsen, with expectations for gradual improvement in the market [39] - The company is well-positioned to benefit from government initiatives favoring green steel production, with a significantly lower carbon footprint than competitors [95][96] Other Important Information - The solar plant is nearing completion, with commissioning expected by August due to minor legal delays [100] - The company has become debt-free following recent equity infusions, which have been used to repay existing debts [9] Q&A Session Summary Question: When will the new plant be completed and what is the expected return on capital? - The new plant is expected to start by July 29, with full capacity utilization targeted within two to three years, aiming for a return on capital of around 20% [17][19] Question: What is the current pricing pressure and how does it affect volume growth? - The company has entered into pricing agreements with key OEMs to mitigate pricing pressure, expecting volume growth of 5-10% until the new plant is commissioned [26][28] Question: What is the update on the forging line and its expected capacity? - The forging line will cater to the automotive sector with an initial capacity of 12,000 to 15,000 tons per year, with no direct competition anticipated [111] Question: How does the company plan to grow over the next few years? - The company plans to utilize existing capacities and expand through the commissioning of new facilities, with a target of 225,000 tons for the current financial year [69][78] Question: What is the expected EBITDA per ton for the current financial year? - The company expects EBITDA per ton to remain in the range of ₹7,000 to ₹10,000 for the current financial year, with hopes to increase this range in the following year [126]

Financial Data and Key Metrics Changes - The company achieved a total sales volume of 55,500 tons, an increase of approximately 10% compared to the same quarter last year [15] - Revenue from operations reached ₹4.33 crores, up by 5% year-over-year, although mitigated by declining prices [15] - EBITDA per ton was reported at ₹7,077, a decrease of 18% primarily due to an inventory valuation loss of ₹6 crores and a production shutdown of 10 to 12 days [15][16] - Profit After Tax (PAT) stood at ₹20 crores, down from ₹26 crores in the corresponding quarter last year [17] Business Line Data and Key Metrics Changes - The company has successfully stabilized its operations and implemented cost controls, although margins are under pressure due to price cuts [5][6] - The new heating furnace is expected to be commissioned in the last quarter of the year, which will enhance production capacity [7] - The greenfield steel plant is on track for commissioning by July 29, with significant equity investment already secured [9] Market Data and Key Metrics Changes - The company is experiencing pricing pressure due to competition from larger players in the market, but has managed to maintain sales volumes [26] - The company has entered into pricing agreements with key Original Equipment Manufacturers (OEMs) to mitigate pricing pressures [26] Company Strategy and Development Direction - The company is focusing on green steel production and sustainability, aiming to be a leader in this area as government regulations evolve [41][72] - A new forging line is being developed in collaboration with IT, targeting the automotive sector, with plans for a capacity of 12,000 to 15,000 tons per year [86] - The company aims to maintain a conservative balance sheet with a target debt-to-equity ratio of 0.5:1 [10] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about future margins improving due to several factors, including the commissioning of the solar plant and new reheating furnace [30] - The company anticipates a gradual recovery in pricing and demand, particularly in the green steel segment, which is expected to enhance margins [38][72] - Management highlighted the importance of government initiatives supporting green steel and the potential for increased business as these regulations take effect [72][74] Other Important Information - The solar plant is ready but has faced delays due to legal issues regarding transmission lines, with hopes for resolution by August [76] - The company has become debt-free following recent equity infusions, with remaining funds in fixed deposits for future capital expenditures [10] Q&A Session Summary Question: When will the new plant be fully operational and what is the expected return on capital? - The new plant is expected to start by July 29, with full capacity utilization targeted within two to three years, aiming for a return on capital of around 20% [21][22] Question: What is the current pricing pressure and who are the key competitors? - The company is facing pricing pressure from larger competitors but has managed to maintain sales volumes and entered pricing agreements with key OEMs [26][36] Question: Is the current demand sustainable? - Management believes the current demand is sustainable and expects to meet the target of 225,000 tons for the year [54] Question: What is the update on the forging line and its capacity? - The forging line will cater to the automotive sector with an initial capacity of 12,000 to 15,000 tons per year, with no direct competition in India [86] Question: What are the government initiatives for green steel? - The government has set norms for green steel and is contemplating a carbon trading mechanism, which will benefit companies with lower carbon footprints [72][74]

Core Insights - Signify reported second quarter sales of EUR 1.4 billion, with an operational profitability of 7.8% and a free cash flow of EUR 36 million [1][10]. Financial Performance - Comparable sales growth was -1.4%, with a topline growth of 0.8% when excluding the Conventional business [3][10]. - The Professional business saw a return to growth, particularly in North America and connected lighting sales [3]. - The Consumer business achieved its third consecutive quarter of growth, driven by demand for connected home products [3]. - The adjusted EBITA margin was 7.8%, slightly down from 7.9% in Q2 2024 [10]. - Net income for the quarter was EUR 57 million, compared to EUR 63 million in Q2 2024 [10]. - Free cash flow decreased to EUR 36 million from EUR 51 million in the same quarter last year [10]. Strategic Initiatives - Signify's sustainability program, "Brighter Lives, Better World 2025," aims to double its positive impact on the environment and society [6]. - The company is ahead of schedule to reduce greenhouse gas emissions by 40% by 2025, surpassing the pace required by the Paris Agreement [7]. - Circular revenues increased to 37%, exceeding the 2025 target of 32% [8]. - Brighter lives revenues remained at 33%, also above the 2025 target of 32% [9]. Outlook - The company confirmed guidance for low single-digit growth excluding the Conventional business and a free cash flow generation of 7-8% of sales [5][13]. - EBITA margin guidance was adjusted to a range of 9.6% to 9.9% [5][13]. Recognition and Diversity - Signify was recognized as one of Europe's most sustainable corporations and received accolades for its sustainability efforts [12]. - The percentage of women in leadership positions remained at 27%, which is below the company's 2025 ambitions [11].

Core Insights - The RealReal will release its financial results for Q2 2025 on August 7, 2025, after market close [1] - A conference call to discuss the financial results will take place at 2:00 p.m. Pacific Time [1] Company Overview - The RealReal is the largest online marketplace for authenticated resale luxury goods, boasting over 40 million members [2] - The company employs a rigorous authentication process with hundreds of in-house experts, including gemologists and brand authenticators [2] - The RealReal supports the circular economy by giving new life to luxury items across various categories, including fashion, jewelry, art, and home [2] - The company offers services such as free virtual appointments, in-home pickup, and direct shipping to facilitate the selling process for consignors [2]

Core Insights - Verkkokauppa.com Oyj reported strong performance in a cautiously recovering market, with significant revenue growth and improved profitability metrics in the first half of 2025 [1][7][8] Financial Performance - Revenue for Q2 2025 was EUR 116.5 million, a 10.4% increase from EUR 105.5 million in Q2 2024 [4][5] - For the first half of 2025, revenue reached EUR 227.0 million, up 6.3% from EUR 213.5 million in the same period last year [4][5] - Gross profit for Q2 2025 was EUR 19.9 million, with a gross margin of 17.1%, compared to EUR 17.3 million and 16.4% in Q2 2024 [4][5] - The operating result (EBIT) improved to EUR 1.8 million in Q2 2025 from a loss of EUR 2.0 million in Q2 2024, representing an operating margin of 1.5% [4][5] - Comparable operating result for Q2 2025 was EUR 2.0 million, up from a loss of EUR 1.7 million in Q2 2024 [4][5] - The result for the period was EUR 1.0 million, compared to a loss of EUR 2.1 million in Q2 2024 [4][5] Market Dynamics - The electronics market showed signs of recovery, with increased sales in key categories such as IT and entertainment, driven by successful commercial actions and the transition to high-definition broadcasts [7][15][16] - Online sales increased by 16.0% to EUR 80.6 million, accounting for 69.2% of total revenue in Q2 2025 [18][24] - International sales grew robustly, increasing by 40.5% in Q2 2025 [16] Strategic Developments - The company signed an agreement to sell its consumer financing business to Norion Bank AB for approximately EUR 34 million, expected to improve the balance sheet structure significantly [11][45][47] - The strategy implementation is progressing as planned, focusing on enhancing online sales and fast delivery capabilities [10][35] Operational Efficiency - Systematic efforts to enhance operating efficiency led to a decrease in comparable fixed costs by 5% from the previous year [9][21] - The gross margin remained strong due to effective assortment management and improved commercial terms [20][27] Future Outlook - Verkkokauppa.com expects revenue and comparable operating results to increase in 2025, despite uncertainties related to consumer behavior and purchasing power [6][11]

Core Insights - Tarkett has been awarded the platinum medal by EcoVadis for the second consecutive year, recognizing its leadership in corporate social and environmental responsibility [1] - The company ranks in the top 1% of 130,000 companies assessed by EcoVadis, achieving an overall score of 86/100, which is an improvement from its previous score of 81/100 [2][3] - Tarkett is the only multi-product company in the flooring and sports surfaces sector to achieve this level of rating [2] Sustainability Performance - The EcoVadis assessment evaluates companies based on four key pillars: environment, labor & human rights, ethics, and sustainable procurement [3] - Tarkett's sustainability roadmap for 2030 has been approved by the Science Based Targets initiative (SBTi) in 2023, aligning with its commitment to a low-carbon, circular economy [3][4] - The company has been recognized annually since 2023 in the European Climate Leaders ranking by the Financial Times and Statista, and received an A rating from the Carbon Disclosure Project (CDP) for its climate action, placing it in the top 2% of 24,800 assessed companies [5] Company Overview - Tarkett has over 140 years of history and reported sales of €3.3 billion in 2024 [6] - The company employs nearly 12,000 people and operates 24 R&D centers, 8 recycling centers, and 35 production sites [6] - Tarkett serves customers in over 100 countries, focusing on sustainable solutions for various sectors including healthcare, education, hospitality, and sports [6]

Core Insights - Assurant, Inc. has entered a strategic collaboration with Plug to enhance the customer experience in the certified pre-owned device market [1][8] - The partnership aims to provide customers with a 12-month limited warranty, a 30-day satisfaction guarantee, and free shipping, while ensuring rigorous quality checks [2][3] - Assurant's investment is expected to accelerate Plug's growth and support sustainability efforts by promoting a circular economy [3][4] Company Strategy - The collaboration allows Assurant to integrate its protection plans and warranties into Plug's direct-to-consumer platform, creating new revenue streams [4][8] - This partnership enhances Assurant's brand presence in the consumer space and improves asset efficiency, positioning the company for long-term profitability [4] Market Performance - Assurant's shares have experienced a year-to-date decline of 10.8%, influenced by increased policyholder benefits and macroeconomic factors [5]