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Zurn Elkay Water Solutions (ZWS) - 2025 Q3 - Earnings Call Presentation
2025-10-29 12:30
Financial Performance - Core sales increased by 11% year-over-year in Q3 2025[5,6] - Adjusted EBITDA increased by 16% year-over-year in Q3 2025, reaching $122 million[5,6] - Adjusted EBITDA margin was 26.8% in Q3 2025, an increase of 120 bps year-over-year[5,6] - Free cash flow was $94 million in Q3 2025[5] - Year-to-date net sales reached $1,289 million, an 8% increase compared to the same period in 2024[7] - Year-to-date Adjusted EBITDA reached $338 million, a 13% increase compared to the same period in 2024[7] Strategic Developments - Quarterly dividend increased by 22%[5] - The company completed the U.S pension plan termination[5] - Authorized share buyback increased to $500 million[5] - Share repurchases in Q3 2025 amounted to $25 million, representing approximately 600k shares[5] Sustainability Impact - 86% of revenue comes from products with sustainable attributes[10] - Products saved 24.7 million gallons of water[10] - Products delivered 1.8 billion gallons of safer, cleaner filtered water[10] - Products prevented 14.6 billion single-use plastic water bottles[10]
NEXE Innovations Reports Repeat and New Orders: ~250K Repeat Order and 100K New West Coast Roaster Deal
Globenewswire· 2025-10-29 12:00
WINDSOR, Ontario, Oct. 29, 2025 (GLOBE NEWSWIRE) -- NEXE Innovations Inc. (“NEXE”, the “Company”, "we", or "our") (TSX.V: NEXE) (Frankfurt: NX5) (OTC: NEXNF), a company focused on compostable materials and sustainable coffee solutions, announced today that it has received a repeat purchase order for ~250,000 BPI-certified compostable coffee pods from a North American office coffee services (OCS) and retail distributor. This follows an earlier delivery of 80,000 compostable coffee pods for three new SKUs on ...
FLSmidth & Co. A/S major shareholder announcement
Globenewswire· 2025-10-29 10:07
COMPANY ANNOUNCEMENT NO. 36-2025 FLSmidth & Co. A/S 29 October 2025 Copenhagen, Denmark FLSmidth & Co. A/S (“FLSmidth” or the “Company”) hereby announces the following notification received pursuant to section 39 of the Danish Capital Markets Act from Société Générale S.A. regarding its holdings of financial instruments relating to shares in FLSmidth. On 28 October 2025, Société Générale S.A. informed FLSmidth that, as of 22 October 2025, its aggregate holding of financial instruments with a similar economi ...
Ahlstrom secures EcoVadis platinum medal
Yahoo Finance· 2025-10-29 09:56
Core Insights - Ahlstrom has achieved a platinum medal in the EcoVadis sustainability assessment with an overall score of 86 out of 100, placing it among the top 1% of companies assessed since October 2024 [1][2]. Sustainability Assessment - EcoVadis evaluates sustainability management systems across four areas: environment, labour and human rights, ethics, and sustainable procurement, with platinum being the highest recognition level [2]. - The ratings are based on international standards, including the UN Global Compact's Ten Principles, International Labour Organization conventions, Global Reporting Initiatives standards, and ISO 26000, providing evidence-based analysis and actionable improvement roadmaps [3]. Company Initiatives - Ahlstrom's platinum rating reflects its commitment to advancing sustainable practices across its operations and value chain [4]. - In May 2025, Ahlstrom invested €15 million ($17.4 million) to bring a new parchmentiser, PMZ5, into service at its Saint-Séverin plant in France, which produces durable grease and water-resistant vegetable parchment [4]. - The company also launched LamiBak Flex, an addition to its LamiBak range of base papers, designed for further processing and offering barrier properties for food applications [5].
Target's $1 Billion-Plus Universal Thread Denim Brand Reboots For Better Fit, Higher Quality, And More
Forbes· 2025-10-29 09:30
Target's Universal Thread brand has been improved with better fits, more fashion and reupped quality.John HaynesTarget Corp.’s $1 billion-plus owned denim brand, Universal Thread, today is relaunching its assortment, with new fits, washes and elevated fabrics. The reboot applies not only to the products themselves, but also to the merchandising and display of the collection with a new in-store denim wall that makes nabbing the perfect pair easier than ever by organizing jeans by rise and fabric. With seven ...
Suominen Corporation’s Interim Report for January 1 - September 30, 2025: Profitability affected by exceptional events, outlook reduced
The Manila Times· 2025-10-29 07:45
Suominen Corporation Interim Report on October 29, 2025, at 9:30 a.m. (EET) Suominen Corporation’s Interim Report for January 1 - September 30, 2025: Profitability affected by exceptional events, outlook reducedKEY FIGURES Get the latest news delivered to your inbox Sign up for The Manila Times newsletters By signing up with an email address, I acknowledge that I have read and agree to the Terms of Service and Privacy Policy  7-9/7-9/1-9/1-9/1-12/ 20252024202520242024Net sales, EUR million99.8111.6317. ...
Suominen Corporation’s Interim Report for January 1 – September 30, 2025: Profitability affected by exceptional events, outlook reduced
Globenewswire· 2025-10-29 07:30
Core Insights - Suominen Corporation's profitability has been negatively impacted by exceptional events, leading to a reduced outlook for 2025 compared to previous expectations [2][10][75] Financial Performance - In Q3 2025, net sales decreased by 11% year-over-year to EUR 99.8 million, while for the first nine months of 2025, net sales decreased by 8% to EUR 317.1 million [2][12] - Comparable EBITDA for Q3 2025 was EUR 3.4 million, slightly up from EUR 3.3 million in Q3 2024, while for the first nine months, it decreased to EUR 10.7 million from EUR 12.8 million in the same period of 2024 [6][16] - The company reported a profit for the period of EUR -2.0 million in Q3 2025, an improvement from EUR -3.2 million in Q3 2024, and a loss of EUR -8.2 million for the first nine months compared to EUR -6.1 million in the same period of 2024 [15][18] Operational Challenges - Two significant incidents at US plants during Q3 2025, including an equipment failure and flooding, negatively impacted production and resulted in an estimated EUR 2.8 million loss in comparable EBITDA [6][10] - Cash flow from operations improved significantly to EUR 15.7 million in Q3 2025, compared to a negative cash flow of EUR -2.6 million in Q3 2024 [21] Market and Outlook - The company has revised its full-year guidance for 2025, now expecting comparable EBITDA to be lower than in 2024, which was EUR 17.0 million [2][10][75] - The demand for nonwoven products is expected to recover in the second half of the year, but the recovery has been slower than anticipated due to earlier supply chain disruptions [4][68] Sustainability Initiatives - Suominen received a Gold Medal from EcoVadis for the second consecutive year, placing it in the top 2% of companies in the textile manufacturing industry [9][25] - The company aims for over two-thirds of its raw materials to be plant-based and for more than half of its new R&D initiatives to focus on sustainable products [28]
ING to appoint Ida Lerner as chief financial officer
Globenewswire· 2025-10-29 07:00
ING to appoint Ida Lerner as chief financial officer ING announced today that Ida Lerner will be appointed chief financial officer of ING. Until recently, Ida served as chief financial officer at Norwegian bank DNB. She will succeed Tanate Phutrakul who will step down from his position at ING’s Annual General Meeting in April 2026 as announced in July 2025. Effective 1 April 2026, Ida will be appointed as member of the Management Board Banking. The Supervisory Board will propose to shareholders to appoint ...
Interim Financial Report Q1-Q3 2025
Globenewswire· 2025-10-29 06:30
Core Insights - Jyske Bank has raised its profit expectations for 2025 to DKK 4.9bn-5.3bn, up from DKK 3.8bn-4.6bn, driven by positive developments in financial markets and strong credit quality [2][10] - The Danish economy is experiencing growth, with rising employment and housing market activity, while inflation remains controlled [3] Financial Performance - Earnings per share increased by 3% to DKK 62.5 in Q1-Q3 2025 compared to the previous year, despite lower short-term interest rates [2][11] - Core income decreased by 4% to DKK 9,942m, primarily due to a drop in net interest income following a reduction in the policy rate [10][12] - Core expenses fell by 1% to DKK 4,732m, although underlying expenses rose by 1% when adjusted for non-recurring items [10][13] - Loan impairment charges resulted in an income of DKK 22m, reflecting solid credit quality [10][14] Strategic Developments - The company is focusing on enhancing customer experience through investments in digitization and sustainability [4][5] - Jyske Bank has improved its customer satisfaction ratings, ranking first among corporate customers and achieving significant improvements among personal customers [6] - The consolidation of employees in the Glass Cube at Kalvebod Brygge has fostered a stronger professional environment and improved customer advisory services [7] Sustainability Initiatives - Sustainability is increasingly integrated into Jyske Bank's value proposition, with new green products and partnerships to support customers' green transitions [8]
Lassila & Tikanoja plc: Interim Report 1 January-30 September 2025
The Manila Times· 2025-10-29 06:04
Lassila & Tikanoja plc Stock exchange release29 October 2025 at 8:00 a.m  Lassila & Tikanoja plc: Interim Report 1 January-30 September 2025 Get the latest news delivered to your inbox Sign up for The Manila Times newsletters By signing up with an email address, I acknowledge that I have read and agree to the Terms of Service and Privacy Policy SIGNIFICANT PROFITABILITY IMPROVEMENT IN FACILITY SERVICES BUSINESSES, STABLE PERFORMANCE IN CIRCULAR ECONOMY BUSINESSUnless otherwise mentioned, the figures in ...