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Syensqo - Second Quarter 2025 Results
Globenewswire· 2025-07-31 05:00
SYENSQO SECOND QUARTER 2025 RESULTS July 31, 2025 7.00 a.m. CEST UNDERLYING EBITDA OF €335 MILLION INCREASED 8% SEQUENTIALLY WITH IMPROVED MARGIN IN CORE SEGMENTS FY 2025 OUTLOOK UPDATED FOR FX AND TARIFFS Q2 2025 Highlights Net sales of €1.59 billion impacted by unfavorable year-on-year foreign exchange movements (-4%) and lower volumes (-3%) while pricing remained broadly stable; Year-on-year growth in Novecare;Gross profit of €506 million decreased by 13% year-on-year, primarily driven by lower volumes ...
eBay Inc. Reports Second Quarter 2025 Results
Prnewswire· 2025-07-30 20:05
Core Viewpoint - eBay Inc. reported strong financial results for Q2 2025, exceeding expectations and demonstrating strategic execution and marketplace resilience, with a focus on long-term growth and shareholder value [2][4]. Financial Highlights - Net revenues for Q2 2025 were $2.73 billion, a 6% increase from $2.57 billion in Q2 2024 [4][5]. - GAAP net income from continuing operations was $369 million, or $0.79 per diluted share, compared to $226 million, or $0.45 per diluted share in the prior year [4][5]. - Non-GAAP net income from continuing operations was $643 million, or $1.37 per diluted share, up from $602 million, or $1.18 per diluted share in Q2 2024 [4][5]. - Gross Merchandise Volume (GMV) reached $19.5 billion, reflecting a 6% increase year-over-year [5][27]. Operational Highlights - eBay launched eBay Live in the U.K. and eBay Live on Tour in the U.S., enhancing livestream shopping experiences [6]. - The company introduced an AI shopping agent for personalized product recommendations, currently available to a limited number of U.S. customers [6]. - eBay's Authenticity Guarantee program inspected over one million items in a quarter for the first time, indicating growth in luxury and streetwear brands [6]. - eBay's advertising revenue was $482 million in Q2, representing 2.5% of GMV, with first-party advertising products generating $455 million, a 19% increase year-over-year [6]. Business Outlook - For Q3 2025, eBay expects revenue between $2.69 billion and $2.74 billion, with FX-Neutral year-over-year growth projected at 3% to 5% [10][30]. - The company anticipates GMV in the range of $19.2 billion to $19.6 billion, with diluted GAAP EPS expected between $0.97 and $1.02 [10][30]. Capital Returns - eBay returned $759 million to shareholders in Q2 2025, including $625 million in share repurchases and $134 million in cash dividends [5][17]. - The Board declared a cash dividend of $0.29 per share for Q3 2025, payable on September 12, 2025 [11]. Balance Sheet - As of June 30, 2025, eBay's cash and cash equivalents totaled $2.07 billion, with total assets amounting to $17.96 billion [21][22]. - Total liabilities were reported at $13.21 billion, resulting in stockholders' equity of $4.75 billion [21][22]. Additional Information - eBay's active buyers remained stable at 134 million, reflecting a 1% increase year-over-year [27]. - The company was recognized in TIME's World's Most Sustainable Companies 2025 and Newsweek's America's Greenest Companies 2025 lists, highlighting its commitment to sustainability [6].
Elis: H1 2025 results
Globenewswire· 2025-07-30 15:40
Core Viewpoint - Elis has demonstrated strong financial performance in H1 2025, achieving profitable growth despite a challenging macroeconomic environment in Europe, and has confirmed all full-year financial objectives for 2025 [2][5][11]. Financial Performance - H1 2025 revenue reached €2,343.1 million, reflecting a 4.3% increase, with organic growth of approximately 4% after adjusting for a negative calendar effect [7][9]. - Adjusted EBITDA rose by 5.1% to €813.8 million, with an adjusted EBITDA margin improvement of 30 basis points to 34.7% [7][11]. - Net income increased by 28.6% to €152.5 million, while headline net income was up 2.6% to €213.2 million, with headline net income per share rising by 3.0% to €0.85 [7][38]. Growth Strategy - Approximately 70% of Elis' revenue is less exposed to economic cycles, allowing the company to continue executing its growth strategy amid economic slowdowns [4][11]. - The company has maintained strong commercial momentum, signing numerous new contracts driven by increased outsourcing and service expansion [10][11]. - Recent acquisitions in Spain, Germany, and Switzerland contributed 1.8% to reported revenue growth in H1 2025 [7][11]. Regional Performance - Revenue growth varied by region, with Southern Europe showing a 9.5% increase, Central Europe at 8.8%, and Latin America experiencing a reported decline of 5.9% due to currency fluctuations [13][25][28]. - In France, revenue grew by 3.1%, supported by solid commercial activity and a rebound in the hospitality sector [19][20]. - The UK & Ireland region saw a 4.0% revenue increase, while Scandinavia & Eastern Europe reported a 2.6% rise [24][22]. Operational Efficiency - The company achieved further productivity gains through the optimization of industrial processes and improved energy purchasing conditions [7][11]. - The adjusted EBITDA margin in Central Europe improved by 100 basis points to 32.3%, driven by better energy purchasing conditions and operational improvements [21]. Cash Flow and Financial Health - Free cash flow for H1 2025 was €31.0 million, aligning with the full-year objective [44]. - The financial leverage ratio decreased to 1.92x as of June 30, 2025, down from 2.06x a year earlier, indicating improved financial health [45]. Corporate Social Responsibility (CSR) - Elis reported a 2.7% improvement in energy efficiency in its European laundries compared to H1 2024, reflecting ongoing CSR commitments [7][49]. - The company aligns 69% of its revenue with the transition to a circular economy, highlighting the sustainability of its business model [51].
Plastic Waste Management Market Size Worth USD 64.60 Billion by 2034 Amid Surge in Circular Economy Investments
GlobeNewswire News Room· 2025-07-29 11:24
Try Before You Buy – Get the Sample Report@ https://www.precedenceresearch.com/sample/1645 Ottawa, July 29, 2025 (GLOBE NEWSWIRE) -- According to Precedence Research, the global plastic waste management market size reached USD 38.91 billion in 2024 and is expected to grow at a CAGR of 5.20% to reach a value of USD 64.6 billion by 2034. The rise of circular economy models, increasing government regulations, and AI-driven waste tracking systems are driving the market's expansion. Asia Pacific currently domina ...
Vicat - H1 2025 Results
Globenewswire· 2025-07-28 16:00
Core Insights - The company reported a consolidated sales decline of 2.7% to €1,885 million in the first half of 2025, with a slight increase of 0.2% on a like-for-like basis [4][45] - EBITDA decreased by 6.3% to €331 million, while consolidated net income rose by 1.1% to €116 million, reflecting resilience in the business model despite challenging market conditions [7][10] - The company achieved a significant reduction in net debt by €190 million year-on-year, with a leverage ratio of 1.81x, aligning with its 2025 debt reduction targets [23][24] Financial Performance - Consolidated sales: €1,885 million in H1 2025, down 2.7% reported, up 0.2% like-for-like [4][45] - EBITDA: €331 million, down 6.3% reported, down 2.0% like-for-like [7][45] - Recurring EBIT: €169 million, down 10.0% reported, down 4.4% like-for-like [45] - Consolidated net income: €116 million, up 1.1% reported, up 6.3% like-for-like [10][45] - Free cash flow: €44 million, a significant improvement from -€23 million in H1 2024 [22][45] Market and Operational Highlights - The company experienced a slowdown in cement activity in the U.S. and a recovery in Switzerland, with emerging markets like Brazil and the Mediterranean showing stronger performance [4][5] - The cement business reported a 1.7% increase in sales at constant scope and exchange rates, despite a 2.5% decline in volumes [14][70] - The integration of Cermix's construction chemicals activities contributed to a 17.5% increase in sales for Other Products & Services [14][72] Geographical Performance - France: Sales increased by 2.4% to €608 million, but EBITDA fell by 13.6% [15][47] - Americas: Sales decreased by 5.8% to €465 million, with a notable decline in the U.S. market [52][54] - Asia: Sales fell by 15.9% to €204 million, impacted by competitive pressures in India [58][59] - Mediterranean: Sales were stable, with a strong increase in Egypt, while Turkey showed recovery [61][65] Strategic Developments - The company is advancing its market plan with the start-up of Kiln 6 in Senegal and the acquisition of Realmix in Brazil, enhancing vertical integration [3][28] - Adjustments to 2025 operating profitability guidance were made to account for significant currency effects [3][31] Outlook - The company anticipates sales growth on a like-for-like basis and EBITDA growth of 2% to 5% at constant scope and exchange rates for 2025 [31][32] - The outlook considers ongoing macroeconomic and geopolitical uncertainties, particularly regarding currency fluctuations [31][35]
Cielo Announces Closing of First Tranche of Unit Offering and Closing of Securities for Debt Transactions
Globenewswire· 2025-07-28 11:00
The Company is also pleased to announce the closing of its previously announced settlement of an aggregate $1,967,766 in outstanding indebtedness (the "Debt") through the issuance of securities of the Company (the 'Shares for Debt Transactions"). Under the terms of the settlement agreements executed by the Company with multiple creditors (the "Creditors"), respectively (the "Settlement Agreements"), the Company issued: THIS NEWS RELEASE IS NOT FOR DISTRIBUTION TO THE UNITED STATES NEWSWIRE SERVICES OR FOR D ...
Consumer Electronics Repair And Maintenance Market Forecasts 2024-2033 Featuring Cableshoppe, Redington, Electronix, B2X Care Solutions, Encompass Parts, uBreakiFix, Asurion, Best Buy
GlobeNewswire News Room· 2025-07-24 14:58
Core Insights - The global consumer electronics repair market is projected to grow from US$ 18.62 billion in 2024 to US$ 31.03 billion by 2033, reflecting a compound annual growth rate (CAGR) of 5.84% from 2025 to 2033, driven by demand for longer device lifecycles, affordable repair services, and sustainability awareness [1][16]. Market Overview - Consumer electronics repair and maintenance involves inspecting, diagnosing, servicing, and rehabilitating devices such as smartphones, laptops, TVs, and home appliances to extend their usable life [2]. - The sector plays a crucial role in minimizing electronic waste, saving resources, and providing affordable options for consumers, thereby supporting a circular economy [3]. Growth Drivers - Increased electronic waste and environmental consciousness are pushing consumers and governments to seek eco-friendly alternatives, with repair services offering a sustainable option by prolonging device life and reducing landfill waste [4][5]. - The global e-waste generation reached 62 million tonnes in 2022, an 82% increase since 2010, with projections of 82 million tonnes by 2030, highlighting the urgency for repair services [6]. - Cost-effectiveness is a significant factor, as rising prices of new electronics lead consumers to prefer repairs over replacements, especially in emerging economies where low-cost spare parts and services are more accessible [7][8]. - Government support through right-to-repair initiatives is enhancing market growth by allowing consumers and third-party technicians access to repair resources, thereby reducing manufacturer control over repairs [9][10]. Challenges - Limited availability of spare parts and technical information poses a significant challenge, as manufacturers often restrict access to proprietary components, hindering competition and increasing repair costs [11][12]. - Rapid technological advancements and product complexity complicate repairs, requiring specialized knowledge and equipment, which can deter consumers from choosing repair options [13][14]. Key Players - Notable companies in the consumer electronics repair market include The Cableshoppe, Redington Services, and Electronix Services, among others [15].
Ecolomondo Receives Repeat Order and Ships its Second Commercial Truckload of Recovered Carbon Black Produced at its Hawkesbury TDP Facility
Thenewswire· 2025-07-24 13:30
Core Viewpoint - Ecolomondo Corporation has successfully shipped its second commercial truckload of recovered carbon black (rCB) from its Hawkesbury TDP facility, indicating strong demand and quality approval from its main offtake client [1][4]. Company Developments - The main offtake client for rCB has approved the quality of the product produced at the Hawkesbury TDP facility after rigorous testing of various quality thresholds [2]. - Following the quality approval, the client placed an initial order for 23 metric tons of rCB, which was promptly shipped [3]. - A repeat order for another truckload of 23 metric tons was issued by the client, confirming the high quality of rCB produced [4]. - The company anticipates receiving quality approval from another major offtake client for its rCB [5]. Facility Operations - The Hawkesbury TDP facility is expected to process approximately 1 million scrap tires annually, primarily from cars, SUVs, and trucks, resulting in the production of around 4,000 metric tons of rCB, 5,000 metric tons of pyrolysis oil, 2,000 metric tons of steel, and 1,200 metric tons of process gas [5][12]. - The facility spans 46,200 square feet and includes three main production departments: tire shredding, thermal decomposition, and rCB refining [12]. Future Projects - The Shamrock Project, a new 6-reactor TDP facility, is projected to process 5 million end-of-life tires per year, yielding approximately 15,000 metric tons of rCB, 18,000 metric tons of oil, and 7,500 metric tons of steel [13]. - Construction for the Shamrock facility is expected to begin in the third quarter of 2025, with a projected cost of approximately US$93 million [13]. Environmental Impact - The TDP process significantly reduces greenhouse gas emissions, with a 90% reduction compared to the production of virgin carbon black. The Hawkesbury facility is expected to reduce CO2 emissions by 15,000 tons per year [20].
Lassila & Tikanoja plc to publish Half-Year Financial Report for January-June on 7 August 2025
Globenewswire· 2025-07-24 06:00
Company Announcement - Lassila & Tikanoja plc will publish its Half-Year Financial Report for January-June on 7 August 2025 at 8.00 am [2] - A webcast for analysts, investors, and media will be hosted on the same day at 10.30 am EET [2][3] - The presentation material will be available on the company's website after the report publication [2] Company Overview - Lassila & Tikanoja is a service company focused on implementing the circular economy, enhancing the use of raw materials and energy [4] - The company aims to create value for customers, personnel, and society while also growing shareholder value [4] - In 2024, the company reported net sales of EUR 770.7 million and employs approximately 7,400 people across Finland and Sweden [4]
Entrepreneurship, creativity, and environmental responsibility | Dr.Tyra Oseng-Rees | TEDxSwansea
TEDx Talks· 2025-07-22 16:55
Tyra explores the powerful intersection of sustainability and entrepreneurship, sharing her journey as a Welsh-based artist and innovator transforming waste glass into architectural masterpieces. Dr. Tyra Oseng-Rees, Founder and Director of Oseng-Rees Reflection Ltd, is a Welsh-based Norwegian artist and entrepreneur dedicated to sustainability and the circular economy. With a PhD in fused recycled glass material, her innovative work has garnered numerous accolades, including the Surface Design Award 2025. ...