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Siemens Warns Currency Headwinds Will Hit 2026 Results; CEO Defends Mid-Term Target
Benzinga· 2025-11-14 12:24
Core Viewpoint - Siemens AG has indicated that adverse currency movements will negatively impact its results in the upcoming year, despite expectations for a stable global economic environment [1][3]. Financial Outlook - Siemens projects a sales increase of 6%-8% for the next fiscal year and 6%-9% in the mid-term [1]. - The company anticipates earnings per share for fiscal year 2026 to be between €10.40 and €11.00, which is below the consensus estimate of €11.54 [2]. - In the fourth quarter of fiscal year 2025, Siemens reported a 6% increase in sales to €21.4 billion, while industrial profit rose 2% to €3.19 billion, falling short of the projected €3.32 billion [7]. Currency Impact - Siemens joins other European companies in highlighting currency fluctuations as a risk, with the US dollar declining approximately 11.5% against the euro year-to-date [3]. - The strong euro has made European goods more expensive abroad, adversely affecting profit margins when converting US earnings back to euros [3]. Competitive Environment - German manufacturers, including Siemens, are facing challenges as Germany's economy lags behind China and the US in innovation and investment [8]. - The German Council of Economic Experts has revised its growth forecast for Germany in 2026 down to 0.9% from 1.0%, citing weak private investment and sluggish exports as contributing factors [9]. Trade Deficit - Germany is projected to experience a record trade deficit of €87 billion with China this year, indicating struggles for German companies to maintain competitiveness [13]. - In September, China exported €14.6 billion worth of goods to Germany, while German exports to China were only €6.7 billion [14].
Aerospace Foam Market Size to Surpass USD 13.27 Bn by 2034
Globenewswire· 2025-11-14 08:32
Core Insights - The global aerospace foam market is projected to grow from USD 6.85 billion in 2024 to approximately USD 13.27 billion by 2034, with a CAGR of 6.84% from 2025 to 2034 [1][6] - North America held a dominant market share of 40% in 2024, driven by increasing demand for lightweight and high-performance materials in aircraft manufacturing [1][5] Market Overview - The aerospace foam market is rapidly expanding due to the rising demand for lightweight materials that enhance fuel efficiency and aircraft performance [3][4] - Key applications of aerospace foams include insulation, cushioning, vibration dampening, and soundproofing in both commercial and military aircraft [3] Market Segmentation - Polyurethane (PU) foams led the market with a revenue share of 35.10% in 2024 and are expected to grow at the fastest CAGR of 7.44% from 2025 to 2034 [5][15] - The commercial aviation segment accounted for the largest revenue share of 30.14% in 2024, with significant growth expected in the general aviation segment at a CAGR of 6.65% [5][21] Regional Insights - North America is projected to grow from USD 2.93 billion in 2025 to USD 5.32 billion by 2034, with a CAGR of 6.86% [22][24] - The Asia Pacific region is the fastest-growing market, capturing around 11.14% of global demand, driven by investments in aviation infrastructure and increasing aircraft production [5][27] Trends and Innovations - There is a growing emphasis on lightweighting and fuel efficiency, with aerospace foams playing a crucial role due to their high strength-to-weight ratio [16] - The market is moving towards sustainable foam options, including bio-based and recyclable materials, to comply with environmental regulations [13][16] Key Companies - Major players in the aerospace foam market include Boyd Corporation, Evonik Industries AG, and SABIC, among others, focusing on advanced materials and innovative solutions [29][33]
Richemont delivers solid results for the six-month period ended 30 September 2025 with strong sales momentum in Q2
Globenewswire· 2025-11-14 06:00
AD HOC ANNOUNCEMENT PURSUANT TO ART. 53 LR14 NOVEMBER 2025 Please find below the Highlights and Chairman’s commentary from the Richemont FY26 - Interim Results announcement. RICHEMONT DELIVERS SOLID RESULTSFOR THE SIX-MONTH PERIOD ENDED 30 SEPTEMBER 2025WITH STRONG SALES MOMENTUM IN Q2 Group highlights Group sales at € 10.6 billion with 10% growth at constant rates (+5% actual); Q2 acceleration to +14%Growth in operating profit to € 2.4 billion underpinned by strong sales contribution and continued cost di ...
EBL Introduces GREENWAVE Box and Flik Character as Green Living Meets Street Style
Globenewswire· 2025-11-14 01:00
Core Insights - EBL has launched the GREENWAVE Box, which combines rechargeable battery products with lifestyle accessories, aiming to merge green energy with streetwear culture [1][4] - The GREENWAVE Box is designed to make sustainability approachable and fun, inviting consumers to join an eco-conscious movement [4][6] - The product includes rechargeable AA and AAA batteries, a smart charger, and limited-edition streetwear items, emphasizing a shared style statement for sustainability [6][7] Product Details - The GREENWAVE Box features a black bucket hat with neon Flik details, badges, and a silicone wristband, all designed to promote sustainability [6] - The packaging is made from recyclable materials and can be repurposed into a small planter, reinforcing EBL's sustainability message [6] Market Positioning - EBL has been focused on rechargeable power innovation for 27 years, recognizing that modern consumers value quality and purpose in their purchases [7] - The GREENWAVE Box is available for purchase on EBL's official website, with promotional discounts running from November 13 to December 2, 2025 [7][9]
SEACOR Marine Publishes 2024-2025 Sustainability Report
Globenewswire· 2025-11-13 22:12
Core Viewpoint - SEACOR Marine Holdings Inc. has published its 2024-2025 Sustainability Report, emphasizing its commitment to environmental responsibility, employee welfare, and community engagement [1][2]. Environmental Commitment - The report highlights SEACOR Marine's efforts to enhance environmental sustainability and operational efficiency, including the expansion of its hybrid platform supply vessel fleet and investments in green technologies [6]. - The company is focused on waste reduction initiatives both on vessels and in offices, aiming to integrate sustainable practices throughout its operations [6]. Employee Welfare - SEACOR Marine is dedicated to fostering a safe and inclusive work environment, with initiatives aimed at promoting the mental and emotional well-being of seafarers, including high-speed satellite internet across its fleet [6]. - The company continues to pursue its GOAL ZERO safety vision, which has led to measurable improvements in safety performance [6]. Community Engagement - SEACOR Marine supports local organizations and social welfare initiatives through financial contributions and volunteer efforts, ensuring meaningful impact in the communities where it operates [6]. - The company prioritizes partnerships with local suppliers and collaborates with community stakeholders to drive shared progress [6]. Industry Standards - The sustainability report aligns with the industry-specific standards set by the Sustainability Accounting Standards Board (SASB) and identifies relevant United Nations Sustainable Development Goals (UN SDGs) [3].
Grove laborative (GROV) - 2025 Q3 - Earnings Call Presentation
2025-11-13 22:00
Investor Presentation Q3 2025 As of November 13, 2025 Safe Harbor Statement/Non-GAAP Measures All information in this presentation is as of November 13, 2025. Forward-Looking Statements Certain statements included in this presentation are forward-looking statements for purposes of the safe harbor provisions under the United States Private Securities Litigation Reform Act of 1996, as amended. Forward-looking statements are statements other than statements about historical fact. The forward looking statements ...
X @Chainlink
Chainlink· 2025-11-13 17:32
Read more about the role the Chainlink Reserve plays in supporting the long-term growth and sustainability of the Chainlink Network:https://t.co/ENs52Qjnn2 ...
What advertising taught me about sustainability | Peter Economides | TEDxPlaka
TEDx Talks· 2025-11-13 16:43
Yesas. I heard so many amazing things today that with each speaker I was pulling out things that I wanted to refer to. But I'm staying with what one speaker said.Sharon, where are you. Sharon said the hive is on fire. And she spoke about bees and this incredible sense of community and common purpose that bees have got.and the way they all work together to protect the hive. And I think there's a massive lesson inside there. I always say the best way to predict the future is to create it.That's not easy, but ...
Cal-Maine Foods to Participate in Stephens Annual Investment Conference
Globenewswire· 2025-11-12 21:15
RIDGELAND, Miss., Nov. 12, 2025 (GLOBE NEWSWIRE) -- Cal-Maine Foods, Inc. (NASDAQ: CALM), the largest egg company in the United States and a leading player in the egg-based food industry, today announced that management will participate in the 2025 Stephens Annual Investment Conference to be held November 18-20, 2025, at The Grand Hyatt in Nashville, Tennessee. The fireside chat presentation by Sherman Miller, president and chief executive officer, and Max Bowman, vice president and chief financial officer, ...
The three rules of responsible AI: From the lab to the boardroom | David Pereira | TEDxEsade Salon
TEDx Talks· 2025-11-12 17:21
Good morning everyone. Imagine this. Imagine that you work for an IT company and you have developed this AI solution that you're using to automate processes for your customers.So you use your solution to automate some back office processes for some of the largest banking companies you work for and after you deploy your solution you get this call from your customer and the call goes like this you know the solution that you have deployed is so good actually is making our processes much more efficient than bef ...