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NextDecade(NEXT) - 2023 Q4 - Earnings Call Presentation
2025-07-04 11:07
Corporate Presentation March 2024 NASDAQ: NEXT Accelerating the Path to a Net-Zero Future Disclaimer Statement This Presentation contains forecasts of Distributable Cash Flow, which is a non-GAAP measure. Due to the high variability and difficulty in making accurate forecasts and projections of Distributable Cash Flow, together with some of the excluded information not being ascertainable or accessible, the Company is unable to quantify certain amounts that would be required to be included in the most direc ...
X @Bloomberg
Bloomberg· 2025-07-02 14:42
It’s time to learn from the mistakes made in the name of climate finance, as issues such as emissions reductions have alienated local communities and fueled political tensions, according to Daniel Hanna, Barclays Plc’s group https://t.co/oVkvBa8wTP ...
Watsco Declares $3.00 Quarterly Dividend
Globenewswire· 2025-07-01 11:30
Marks 200th Consecutive Quarter of Dividend PaymentsMIAMI, July 01, 2025 (GLOBE NEWSWIRE) -- Watsco, Inc.’s (NYSE: WSO) Board of Directors has declared a regular quarterly cash dividend of $3.00 on each outstanding share of its Common and Class B common stock payable on July 31, 2025 to shareholders of record at the close of business on July 16, 2025. Watsco has paid dividends to shareholders for 51 consecutive years, with this quarter marking the 200th consecutive quarter of dividend payments. The Company’ ...
Cielo Announces AGM Results and Extension of Unit Offering
Globenewswire· 2025-06-30 11:00
THIS NEWS RELEASE IS NOT FOR DISTRIBUTION TO THE UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES. CALGARY, Alberta, June 30, 2025 (GLOBE NEWSWIRE) -- Cielo Waste Solutions Corp. (TSXV: CMC; OTC PINK: CWSFF) ("Cielo" or the "Company") is pleased to announce the results of its annual general and special meeting of shareholders (the "Meeting") held on June 24, 2025, as well as an extension to the Offering (as defined below). Shareholder Meeting All of the business items proposed by ma ...
X @Bloomberg
Bloomberg· 2025-06-30 05:50
Absa Mauritius plans to nearly quadruple funding for green projects by 2030 to support the island nation’s emissions reduction goals and efforts to mitigate climate change https://t.co/SFfP53Vq67 ...
X @Bloomberg
Bloomberg· 2025-06-29 13:47
Meet the 12 climate champions working to cut emissions and create a more equitable future https://t.co/YMQE7gnymz ...
X @Bloomberg
Bloomberg· 2025-06-29 00:46
Meet the 12 climate champions working to cut emissions and create a more equitable future https://t.co/diS9Sf7PD3 ...
WuXi AppTec Earns SBTi Validation for Near-Term Emissions Reduction Targets
Prnewswire· 2025-06-18 00:00
SHANGHAI, June 17, 2025 /PRNewswire/ -- WuXi AppTec, a global company that provides a broad portfolio of R&D and manufacturing services to enable companies in the pharmaceutical and life science industries, announced that the Science Based Targets initiative (SBTi) has approved WuXi AppTec's near-term science- based emissions reduction targets. The validation of these targets affirms that the Company's planned reduction in greenhouse gas (GHG) emissions aligns with the goal of limiting global temperature ri ...
GM(GM) - 2025 FY - Earnings Call Transcript
2025-06-03 17:00
Financial Data and Key Metrics Changes - GM reported a revenue increase of over 9% year-over-year to $187 billion and record adjusted EBIT of $14.9 billion for 2024 [25][26] - The company has successfully launched several vehicles across its profitable ICE portfolio and growing EV business, strengthening its product portfolio [25] Business Line Data and Key Metrics Changes - GM became the number two seller of EVs in North America in the second half of the year, indicating strong growth in the EV segment [26] - The redesigned ICE SUVs, including Chevrolet Equinox, Traverse, and Tahoe, have been well received, contributing to market share growth [29] Market Data and Key Metrics Changes - GM's shareholder returns outperformed key competitors and the S&P 500 index last year, reflecting strong market performance [26] - The company is focusing on agile execution and innovation to align with consumer demand for ICE vehicles and the evolving regulatory environment [28] Company Strategy and Development Direction - GM is committed to achieving carbon neutrality in global products and operations by 2040, with a focus on reducing supply chain emissions [14][15] - The company is enhancing its manufacturing capabilities and supply chains in response to shifts in global trade policy [27][28] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in GM's ability to adapt to the new trade policy environment and emphasized the importance of American manufacturing [27] - The company is optimistic about its future, citing strong management and a commitment to teamwork and customer loyalty [32] Other Important Information - The board of directors has been refreshed to ensure diverse viewpoints and skills, with a focus on long-term shareholder interests [24][25] - The shareholder proposal on supply chain GHG emissions reduction strategies was not approved, indicating a lack of consensus on this issue [20][32] Q&A Session Summary Question: Board's succession process and AI expertise - The board's governance committee discusses a five-year succession plan and considers recruiting new directors based on strategic needs, with existing members possessing a range of skills including AI expertise [34] Question: Plans for Apple CarPlay in next-gen EVs - GM is focused on providing a holistic infotainment system that integrates seamlessly with vehicle functionality, rather than relying on external phone-based solutions [35][36] Question: Commitment to community initiatives - GM has increased corporate giving, focusing on road safety and STEAM education, while aligning investments with economic development in Detroit [38] Question: Access to GM Heritage Museum - The project for the museum will not be complete until the end of 2026, after which GM will consider how to allow shareholder access [40][41] Question: Plans for a seven-passenger SUV plug-in hybrid - GM is developing plug-in hybrids in strategic segments but has no specific announcements at this time; the Cadillac Bistric is highlighted as an option for customers [42][43]
Ford Motor(F) - 2025 FY - Earnings Call Transcript
2025-05-08 13:30
Financial Data and Key Metrics Changes - Ford reported a record revenue of $185 billion for the previous year, marking a 5% increase and the fourth consecutive year of top-line growth [35] - In the first quarter of the current year, revenue was $41 billion, which was down year-over-year due to planned factory downtime [36] - The adjusted free cash flow for last year was $6.7 billion, reflecting a 65% conversion rate [37] Business Line Data and Key Metrics Changes - Ford Pro's full-year revenue for 2024 increased by 15% to $67 billion, with an EBIT of $9 billion and a margin of 13.5% [34] - Sales of off-road performance vehicles grew by 20% in the first quarter in the US [28] - The company has almost 1 million paid subscriptions for its digital software services [32] Market Data and Key Metrics Changes - Ford was the number two electric vehicle brand in the US in 2024 [25] - International operations were collectively profitable in the last quarter, with China contributing $900 million in EBIT [36] - The hybrid sales now account for 10% to 15% of Ford's global sales every month [92] Company Strategy and Development Direction - The Ford Plus strategy aims to transform the company into a higher growth, higher margin, and more capital-efficient business [26] - The company is committed to maintaining its production in the US and has ongoing manufacturing investments in Tennessee, Ohio, and Kentucky [66] - Ford is focused on providing customers with a wide choice of powertrains, including gas, hybrid, and electric vehicles [22] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in navigating economic uncertainties and emphasized the importance of policy certainty for US automakers [22] - The company is committed to improving quality, with 70% of annual bonuses linked to quality metrics [76] - Management highlighted the need for a clear plan to address supply chain emissions in line with net zero goals [16] Other Important Information - Ford's commitment to community support was highlighted, including efforts during crises such as water main breaks in Detroit [74] - The company has extended its Ford Power Promise to facilitate home charging for customers [39] - Ford's dividend payout over the last three years exceeded $10 billion [38] Q&A Session Summary Question: Impact of global economic uncertainty and tariffs - Management clarified that Ford has never left the US manufacturing base and highlighted the company's commitment to American production [62] - Tariff impacts were noted as $2.5 billion in negative headwinds, but Ford is better positioned than competitors [65] Question: Stock performance and share buybacks - Management expressed confidence in the company's future value and stated there are no plans for stock buybacks, focusing instead on long-term growth [70][72] Question: Quality improvements and recalls - Management reported a significant reduction in recalls from 8.8 million in 2022 to 4.8 million last year, with ongoing efforts to improve warranty costs [77][78] Question: Future vehicle production plans - Management indicated that while there is nostalgia for past models, the focus will be on future products that meet market demands [81][84] Question: Ford Pro's profitability and potential spin-off - Management confirmed that Ford Pro will remain integrated within the company due to its competitive advantages and growth potential [85][90] Question: EV strategy and competition from low-cost manufacturers - Management emphasized Ford's commitment to a diverse powertrain strategy, including hybrids and affordable EVs, to compete effectively in the market [91][94]