Africa’s crypto future is bright 🌍MEXC is proud to be part of the movement, building innovation and inclusion from the ground up.#MEXCEventRocksMEXCAfrica (@MXAfricaBU):@africablockfest was one for the books! 🔥Our team took the stage to share on innovation & how #MEXC is accelerating responsible growth and inclusive adoption in Africa. https://t.co/CJiF6EOBfI ...

RT Czhang | LBank Labs (@Czhang_LBank)😎#LBank 10 years. Zero breaches. Countless lessons.In crypto, hype fades — trust, #security, and innovation don’t.That’s how we build for the next decade.Grateful to @newsbtc for the interview. 🙏#crytpoFull interview👇https://t.co/jvEpukG6HH ...

Core Insights - The company announced plans to acquire OrthoLite and its sustainable materials brand Cirql for an enterprise value of $770 million, indicating a strategic focus on enhancing its footwear division by entering the premium insole market [1][5] - The acquisition aligns with the company's goal to influence the global apparel and footwear supply chain through innovation, sustainability, and digital technologies [5][6] Company Overview - OrthoLite, based in Amherst, Massachusetts, specializes in open-cell foam technology and has developed OrthoLite Cirql, contributing to the footwear materials sector [1] - The company employs over 3,000 people globally and collaborates with more than 500 footwear brands, with manufacturing operations in Vietnam, China, India, Indonesia, Spain, and Brazil [2] Leadership and Organizational Changes - Following the acquisition, the company will simplify its organizational structure from three divisions (Apparel, Footwear, and Performance Materials) to two divisions: Apparel and Footwear [3][4] - Pasquale Abruzzese will lead the Footwear division, while Adrian Elliott will head the Apparel division, with Glenn Barrett continuing to lead the OrthoLite business [4] Future Directions - The acquisition is expected to enhance value and opportunities for customers and employees, while maintaining the quality and collaboration both companies are known for [5] - The company plans to implement external reporting aligned with the new structure for the financial year ending December 2026 [4]

China will host the 2026 APEC summit in the southern city of Shenzhen, underscoring Beijing’s bid to showcase its innovation and technological prowess https://t.co/0KmY727xQG ...

Financial Data and Key Metrics Changes - Third quarter net sales were $364.5 million, up 5.9% as reported and 4.2% on a currency-neutral basis compared to the third quarter of 2024, both exceeding expectations [13] - Adjusted gross profit margin was 39.5%, an increase of 208 basis points year over year, driven by favorable pricing and product mix along with manufacturing efficiencies [14] - Adjusted operating income rose to $54.1 million, reflecting a 24.5% year-over-year increase [14] - Adjusted EBITDA for the third quarter was $66.2 million, compared to $53.7 million in the same quarter of 2024 [15] - Adjusted earnings per share increased by 27% to $0.61 from $0.48 in the third quarter of 2024 [15] - The company ended the quarter with $482 million in liquidity and a net leverage ratio of 0.6 times [15] Business Line Data and Key Metrics Changes - The nora rubber segment grew by 20% in the third quarter and is up 19% year to date, driven by the One Interface strategy [5] - Corporate office billings increased by 5% in the third quarter, with year-to-date growth expected [9] - Global healthcare billings surged by 29%, with double-digit gains across both the Americas and EAAA [9] - Education billings saw a slight decline of less than 3% in the third quarter but remain at high single digits year to date [10] Market Data and Key Metrics Changes - In the Americas, currency-neutral net sales increased by 4.1% year over year, while EAAA saw a 4.3% increase [13] - Consolidated currency-neutral orders rose by 2.4% year over year, with the Americas up 1.7% and EAAA up 3.5% [10] Company Strategy and Development Direction - The company is focused on its One Interface strategy, which aims to build strong global functions to support local selling teams and enhance commercial productivity [5] - Investments in automation, productivity, and innovation are being accelerated to strengthen the nora product portfolio and drive long-term growth [6] - The company is preparing to launch a new rubber flooring innovation in early 2026, targeting growth in the healthcare segment [6] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the company's strategy and disciplined execution, highlighting strong results despite a challenging macro environment [11] - The company is raising its full-year guidance based on year-to-date results, anticipating net sales of $1.375 to $1.390 billion for the fiscal year 2025 [17] Other Important Information - The company received multiple awards for design and sustainability, including Manufacturer of the Year in ED's Net Zero Awards [11] - Tariffs diluted the adjusted gross profit percentage by approximately 30 basis points in the third quarter, with a similar dilution expected in the fourth quarter [16] Q&A Session Summary Question: What drove the sales outperformance this quarter? - Management noted that healthcare was the outperformer, with a 29% increase, exceeding expectations due to a focus on expanding the product portfolio in that segment [21][23] Question: Can you provide more details on investments in nora rubber? - Management confirmed ongoing investments in capacity, productivity initiatives, and innovation to support the growth of the nora rubber business [25][26] Question: How do you view margins going forward? - Management indicated that while they aim for a gross profit margin of 38.5%, they will balance share growth and business expansion [28] Question: Can you provide insights on the tax rate and special items in Q3? - The unusual tax rate of 4.8% was due to a non-cash pickup related to changes in German tax legislation, which required remeasuring deferred tax assets and liabilities [39][40] Question: What is the outlook for capital expenditures in 2026? - Management anticipates a slight increase in capital expenditures, primarily associated with nora rubber and other automation investments [74][76]

Financial Data and Key Metrics Changes - Q3 revenues reached $1.3 billion, a 1% increase year-over-year, slightly below previous expectations [6][19] - Adjusted EPS for Q3 was $5.61, down 3% compared to the previous year [20] - Adjusted EBITDA for the quarter was $349 million, resulting in an adjusted EBITDA margin of 25.9%, a decrease of 170 basis points from the prior year [20][22] Business Line Data and Key Metrics Changes - CCM reported Q3 revenue of $1 billion, essentially flat year-over-year, with adjusted EBITDA of $303 million, down 8% compared to the prior year [21] - CWT reported Q3 revenue of $346 million, up 3% year-over-year, but organic revenue declined 8% due to lower volumes [22] Market Data and Key Metrics Changes - The ongoing challenges in both residential and non-residential new construction are attributed to higher interest rates and economic uncertainty [5][9] - Housing prices have risen over 45% since 2020, with the median home price exceeding $430,000, creating affordability issues [9] Company Strategy and Development Direction - The company is focused on its Vision 2030 strategy, emphasizing product innovation, operational excellence, and strategic M&A to enhance capabilities [10][18] - Recent acquisitions are expected to create value by expanding capabilities and addressable markets, with a goal of two to three acquisitions each year [14][12] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the ability to create shareholder value despite near-term challenges, citing strong demand for reroofing and ongoing innovation [9][10] - The company revised its full-year 2025 guidance to flat revenue, anticipating continued macroeconomic and distribution channel uncertainties [17][24] Other Important Information - The company repurchased 800,000 shares for $300 million and raised its dividend by 10%, marking the 49th consecutive annual increase [10][16] - The company expects to generate approximately $1 billion of cash flow from operating activities this year, supporting ongoing investments and capital returns [17][24] Q&A Session Summary Question: Impact of destocking in Q3 and outlook for Q4 - Management noted normal seasonal patterns for destocking, with some additional effects from M&A integration, but no major impact expected [33][35] Question: Leveraging the Carlisle experience in a competitive environment - Management highlighted the importance of efficient labor use and enhanced customer service to gain market share amid declining new construction [40][41] Question: Pricing outlook and CapEx investments - Pricing for CCM is expected to remain flat, while CapEx guidance was slightly reduced due to ambitious project timelines [47][48] Question: Price versus volume dynamics in CCM - Pricing was flat in the CCM segment, with volume also flat, and raw material costs negatively impacting results [56][58] Question: Outlook for EBITDA margins in Q4 - Expected adjusted EBITDA margin for CCM in Q4 is around 26%, with CWT margins expected to decline due to lower organic volumes [63][64] Question: Market share outlook amid distribution disruptions - Management indicated no long-term changes in market share, with temporary effects due to distributor channel issues expected to resolve [66][67] Question: Direct sales model positioning - The company has lagged competitors in direct sales but is adapting to market changes and enhancing direct engagement with end users [73][75] Question: Pricing expectations for CWT amid raw material pressures - Pricing for CWT is expected to decline slightly, with mixed trends in raw material costs impacting pricing strategies [89]

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Core Insights - OraSure Technologies, Inc. has appointed Steven K. Boyd to its Board of Directors as part of ongoing board refreshment efforts, which have added three new independent directors in the past three years, enhancing operational, financial, and industry expertise [1][2][6] - The company is focused on sustainable, profitable growth through operational excellence, expanding its diagnostics and sample management portfolio, and strengthening its balance sheet [2][4] - Jack Kenny has been appointed as Chair of the Board, succeeding Mara Aspinall, who has stepped down after over eight years of service [4][5] Company Developments - Steven K. Boyd brings over two decades of public markets experience in healthcare and has a strong background in investment, having previously served as Partner at Camber Capital Management [3][4] - The Board now consists of seven directors, six of whom are independent, with a collective expertise in operational, financial, M&A, and life sciences, emphasizing the company's commitment to profitable growth and innovation [5][6] - The company has made significant strides in reshaping its portfolio and strengthening its foundation for future growth, with a focus on delivering value to shareholders [5][6]

Deeply grateful for today’s pardon and to President Trump for upholding America’s commitment to fairness, innovation, and justice.🙏🙏🙏🙏Will do everything we can to help make America the Capital of Crypto and advance web3 worldwide.(Still in flight, more posts to come.)Onwards. 💪 ...

Company Overview - Viva composite panel focuses on aluminium composite panels, a modern facade material [1][4] - The company's story is rooted in courage, transforming an idea into a business [3] Market Opportunity - In the early 2000s, India's rapid growth and urban development led to the import of modern facade materials [4] - Imported aluminium composite panels suffered from inconsistent quality and high costs, limiting accessibility [4] Company Strategy - Mr Prakash Jen, the CMD, took a bold step to manufacture aluminium composite panels in India [4][5] - The company fosters courage among employees by celebrating birthdays and instilling a sense of ownership [6]