Group Outlook - The Group's outlook for 2025 is confirmed despite a very uncertain macroeconomic and geopolitical environment, targeting a slight increase in sales and current operating profit from activities compared to 2024 [6][8]. Financial Performance - Group sales for Q1 2025 reached €12.6 billion, reflecting a 2.2% increase year-on-year [3][4]. - Current operating profit from activities (COPA) was €69 million, up €43 million year-on-year, with a margin from activities of 0.5%, an increase of 0.3 percentage points [3][4]. - The net result attributable to the Group, excluding the exceptional income tax surcharge for large companies in France, improved to -€123 million, a €23 million improvement year-on-year [4][8]. - Net debt at the end of March 2025 was €7.1 billion, a reduction of €645 million compared to the previous year [4][29]. Segment Performance Construction Businesses - The construction businesses reported sales of €5.5 billion in Q1 2025, up 3% year-on-year, with a backlog reaching a record €34.2 billion, up 12% year-on-year [11][15]. - Colas' backlog increased by 9% year-on-year to €15.1 billion, while Bouygues Construction's backlog rose by 17% to €18.3 billion [13][14]. - The current operating loss from activities in the construction businesses was €240 million, an improvement of €24 million year-on-year [16][50]. Equans - Equans achieved sales of €4.6 billion in Q1 2025, stable year-on-year, with a current operating profit from activities of €177 million, up €44 million year-on-year [18][50]. - The backlog at Equans was €26.4 billion, reflecting a 1% increase year-on-year [17][18]. Bouygues Telecom - Bouygues Telecom reported sales of €1.99 billion, a 5% increase year-on-year, with a solid performance in both fixed and mobile segments [24][26]. - The customer base for FTTH reached 4.3 million, with an increase of 148,000 new customers in Q1 2025 [19][40]. - Current operating profit from activities at Bouygues Telecom was €101 million, down €29 million year-on-year due to lower EBITDA after leases [26][50]. TF1 - The TF1 group maintained its audience leadership with a 33.0% audience share in Q1 2025, reporting sales of €520 million, a 2% increase year-on-year [27][31]. Financial Situation - The Group maintained a high level of liquidity at €14.8 billion, comprising €3.8 billion in cash and cash equivalents [28][29]. - The change in working capital requirements was a negative €0.9 billion, lower than in Q1 2024 [30].

Core Viewpoint - Gulf Resources, Inc. reported a net revenue increase of 23% for Q1 2025, despite ongoing operational challenges and losses, indicating potential recovery in the bromine market [2][3][11]. Financial Performance - Net revenues for the quarter ended March 31, 2025, were $1,604,447, up from $1,307,062 in the same period last year, marking a 23% increase [2]. - Cost of revenue decreased by 25% to $1,594,270 from $2,119,845, leading to a gross profit of $10,177 compared to a gross loss of ($812,783) [2]. - General and administrative expenses surged by 94% to $1,389,523 from $717,456, while sales and marketing expenses rose by 13% [2]. - The loss from operations improved by 13% to ($4,610,207) from ($5,269,419) year-over-year [2]. Segment Reporting - Bromine revenues increased to $1,481,869 from $1,146,197, with an average selling price rising by 45% to $3,684 from $2,540 [7]. - Crude salt revenues rose by 5% to $122,578, with sales volume increasing to 4,733 tonnes from 4,071 tonnes, although the price declined by 9.6% [9]. - Chemical products reported no revenues, with an operating loss of ($358,629) [10]. Cash Flow and Balance Sheet - As of March 31, 2025, cash was $8,523,045, with total assets amounting to $165,729,939 and total liabilities at $23,145,112 [6][12]. - Net cash used in operations was ($1,580,128), compared to ($1,330,476) in the previous year [5]. Management Commentary - The Chairman and CEO highlighted ongoing investments in flood prevention and crude salt fields, anticipating improved demand and pricing for bromine [11]. - The company is exploring joint-venture opportunities and potential natural gas projects in Sichuan Province, indicating a strategic focus on resource development [11].

Core Insights - Power Solutions International, Inc. (PSI) reported strong financial results for Q1 2025, with net sales of $135.4 million, a 42% increase from $95.2 million in Q1 2024 [3][4][6] - The company achieved a gross margin of 29.7%, up 2.7% from the previous year, and net income of $19.1 million, reflecting a 168% increase from $7.1 million in the same quarter last year [3][4][7] - The CEO highlighted the results as the best first quarter performance in the company's history, driven by strategic focus and operational enhancements [5] Financial Performance - Net sales for Q1 2025 were $135.4 million, up $40.2 million or 42% from Q1 2024, primarily due to increases in power systems and transportation markets [6][9] - Gross profit increased by $14.5 million, or 56%, with a gross margin of 29.7%, up from 27.0% in the prior year [7][18] - Selling, general and administrative expenses rose by $1.6 million, or 17%, due to higher legal and administrative costs [8] Debt and Cash Position - Total debt decreased by $10 million to approximately $111 million as of March 31, 2025, compared to $120.2 million at the end of 2024 [10] - The company made a $10 million payment toward its Shareholder's Loan Agreement in Q1 2025, with an additional $5 million payment made in May 2025 [10] Market Strategy and Outlook - PSI is focusing on higher growth markets, particularly in power systems and data centers, while anticipating flat sales in industrial and transportation markets [6][11] - The company is actively assessing the evolving tariff environment and implementing strategies to mitigate associated risks [6] Non-GAAP Financial Measures - Adjusted net income for Q1 2025 was $19.2 million, compared to $7.0 million in Q1 2024, indicating a 173% increase [28] - EBITDA for Q1 2025 was reported at $25.9 million, up from $12.0 million in the same period last year [28]

Core Insights - OPENLANE, Inc. reported a strong start to 2025 with a 7% increase in revenue, reaching $460 million, and a significant growth in adjusted EBITDA to $83 million, reflecting an 11% year-over-year increase [2][8] - The company generated $123 million in cash flow from operations, marking a 22% increase year-over-year, indicating strong cash generation capabilities [2][8] - OPENLANE's income from continuing operations saw a remarkable 99% growth, amounting to $37 million, and net income also doubled to $36.9 million compared to the previous year [8][14] Financial Performance - Revenue for the first quarter of 2025 was $460 million, up from $429.9 million in Q1 2024, driven by a 10% growth in the marketplace segment [8][13] - Adjusted EBITDA for the quarter was $83 million, compared to $74.8 million in the same period last year [8][19] - The company reported a net income of $36.9 million, or $0.18 per diluted share, compared to $18.5 million, or $0.05 per diluted share, in Q1 2024 [14][26] Guidance and Strategic Initiatives - OPENLANE is maintaining its annual guidance for 2025, projecting income from continuing operations between $100 million and $114 million, and adjusted EBITDA between $290 million and $310 million [3][28] - The company has authorized a new share repurchase program of up to $250 million, replacing the previous program which had approximately $100 million remaining [7][8] - The divestiture of the automotive key business in December 2024 is reflected in the current guidance, indicating a strategic shift in focus [5][6] Market Position and Outlook - CEO Peter Kelly emphasized the differentiation and growing value of the OPENLANE brand among its customer base, indicating confidence in the company's long-term growth potential [2] - The company is actively monitoring potential impacts from tariffs and is prepared to adapt to changing market conditions, showcasing its resilient business model [2][6]

Financial Performance - Net sales for the first quarter of 2025 decreased by 3% year over year to $1.26 billion, impacted by a 3% headwind from foreign currency translation [3] - Net income increased by 154% year over year to $99 million, resulting in a net income margin of 7.8% [4] - Adjusted EBITDA rose by 4% to $270 million compared to $259 million in the prior year period, with an adjusted EBITDA margin expanding by 140 basis points to 21.4% [4][10] Segment Results - Performance Coatings net sales were $822 million, down 3% year over year, primarily due to volume declines and foreign currency headwinds [6] - Mobility Coatings net sales were $440 million, a decrease of 1% from the prior year period, with Light Vehicle net sales declining by 1% year over year [8] Cash Flow and Expenditures - Cash provided by operating activities was $26 million, down from $34 million in the same period last year, primarily due to increases in working capital [5] - Free cash flow was a use of $14 million in the first quarter of 2025 compared to a use of $15 million in the prior year period [5] Outlook - For Q2 2025, net sales are projected to grow at a low single-digit percentage, with full-year net sales expected to be between $5.3 billion and $5.375 billion [12] - Adjusted EBITDA for Q2 2025 is projected to be between $280 million and $290 million, with full-year adjusted EBITDA expected to be between $1.15 billion and $1.175 billion [12] Awards and Recognition - The company won two Edison Awards™ and a BIG Innovation Award for advancements in automotive materials and electrical systems [10] Management Commentary - The CEO emphasized the record first quarter Adjusted EBITDA and the company's focus on delivering exceptional solutions and service for customers amid challenging global economic conditions [11]

Financial Performance - The company's Total AUM decreased by 1% to $373.2 billion in Q1 2025 compared to $378.7 billion in Q4 2024 [3] [4] - Net inflows were $2.0 billion in Q1 2025, down from $3.3 billion in Q4 2024 [3] - U.S GAAP diluted EPS remained flat at $0.77, while adjusted diluted EPS decreased from $1.07 to $0.79 [3] - A dividend of $0.40 per share was declared, a 3% increase, and $27 million of shares were repurchased [4] Investment Performance - Long-term investment performance remains solid, with 77% of AUM outperforming the relevant benchmark for the 3-year period, 65% for the 5-year period, and 73% for the 10-year period [3] - 71% of mutual fund AUM was in the top 2 Morningstar quartiles [6] Flows and Capabilities - The company experienced its fourth consecutive quarter of net inflows, supported by a 44% year-over-year increase in gross sales [8] - Fixed Income and Alternatives flows were positive, while Multi-Asset and Equities flows were impacted by industry headwinds [14] - In Q1 2025, Equities had net sales/(redemptions) of -$4.2 billion, Fixed Income had $5.6 billion, Multi-Asset had -$0.6 billion, and Alternatives had $1.2 billion [15] Strategic Initiatives - The company is executing its strategic vision, focusing on protecting and growing core businesses, amplifying strengths, and diversifying where it has the right to win [25] [26] - The Guardian partnership amplifies strengths in Fixed Income, Multi-Asset, and Model Portfolios, expanding presence in institutional markets and the insurance space [30] - The company repurchased approximately 0.6 million shares in Q1 2025 for $27 million, and the board approved a new buyback authorization of up to $200 million through April 2026 [24]

Core Insights - Eli Lilly and Company reported a strong financial performance in Q1 2025, with a 45% year-over-year revenue growth driven by robust sales of Mounjaro and Zepbound [2][3][7] - The company is investing in manufacturing to meet global demand for its new medicines, including plans to build four new facilities [2][19] - The pipeline continues to show promise with recent product approvals in oncology and immunology, and positive Phase 3 trial results for orforglipron in diabetes and obesity [2][19] Financial Results - Total revenue for Q1 2025 was $12.73 billion, a 45% increase from $8.77 billion in Q1 2024, primarily due to a 53% increase in volume [3][7] - Net income for Q1 2025 was $2.76 billion, up 23% from $2.24 billion in Q1 2024, with reported earnings per share (EPS) increasing to $3.06 from $2.48 [11][36] - Non-GAAP net income was $3.00 billion, a 29% increase from $2.34 billion in Q1 2024, with non-GAAP EPS rising to $3.34 from $2.58 [13][36] Revenue Breakdown - U.S. revenue increased by 49% to $8.49 billion, driven by a 57% increase in volume, mainly from Zepbound and Mounjaro [4][7] - Revenue outside the U.S. rose 38% to $4.24 billion, with a 46% increase in volume, primarily from Mounjaro and Jardiance [5][7] - Mounjaro revenue surged 113% to $3.84 billion, while Zepbound revenue reached $2.31 billion, up from $517.4 million in Q1 2024 [16][17] Cost and Margin Analysis - Gross margin increased 48% to $10.50 billion, with a gross margin percentage of 82.5%, up 1.6 percentage points from the previous year [6][11] - Research and development expenses rose 8% to $2.73 billion, representing 21.5% of revenue, while marketing, selling, and administrative expenses increased 26% to $2.47 billion [8][11] Guidance and Future Outlook - The company reaffirmed its 2025 revenue guidance of $58.0 billion to $61.0 billion, with an expected performance margin of 40.5% to 42.5% on a reported basis [20][22] - The effective tax rate for 2025 is projected to be around 17%, up from approximately 16% [21][22] - EPS guidance for 2025 has been adjusted to a range of $20.17 to $21.67 on a reported basis, reflecting the impact of acquired IPR&D charges [22][23]

GREELEY, Colo., April 30, 2025 (GLOBE NEWSWIRE) -- Pilgrim’s Pride Corporation (NASDAQ: PPC), one of the world's leading food companies, reports its first quarter 2025 financial results. First Quarter Highlights: Net Sales of $4.5 billion.Consolidated GAAP operating income margin of 9.1%.GAAP Net Income of $296.3 million and GAAP EPS of $1.24. Adjusted Net Income of $312.6 million and Adjusted EPS of $1.31.Adjusted EBITDA of $533.2 million, or a 12.0% margin.The U.S. Fresh portfolio experienced strong deman ...

Core Insights - Grupo Simec reported a significant decrease in net sales by 18% for the twelve-month period ended December 31, 2024, compared to the same period in 2023, primarily due to reduced shipments and lower average sales prices [2][37] - Despite the decline in sales, the company achieved a remarkable increase in net income, rising by 145% to Ps. 10,488 million in 2024 from Ps. 4,283 million in 2023 [13][37] Financial Performance - **Net Sales**: Decreased from Ps. 41,139 million in 2023 to Ps. 33,658 million in 2024, with shipments of finished steel products down 6% [2][37] - **Cost of Sales**: Reduced by 16% from Ps. 31,100 million in 2023 to Ps. 26,033 million in 2024, with the average cost of finished steel produced decreasing by 11% [3][37] - **Gross Profit**: Declined from Ps. 10,039 million in 2023 to Ps. 7,625 million in 2024, representing 23% of net sales in 2024 compared to 24% in 2023 [4][37] - **Operating Income**: Fell by 30% from Ps. 7,603 million in 2023 to Ps. 5,301 million in 2024, accounting for 16% of net sales in 2024 [7][37] - **EBITDA**: Decreased by 26% from Ps. 8,638 million in 2023 to Ps. 6,367 million in 2024 [8][37] Expenses and Income - **Operating Expenses**: Increased by 12% from Ps. 2,317 million in 2023 to Ps. 2,603 million in 2024, representing 8% of net sales in 2024 [5][37] - **Other Income (Expenses)**: Shifted from net expenses of Ps. 119 million in 2023 to net income of Ps. 279 million in 2024 [6][37] - **Income Taxes**: Increased from Ps. 1,740 million in 2023 to Ps. 2,060 million in 2024 [12][37] Quarterly Performance - **Fourth Quarter Net Sales**: Increased by 3% from Ps. 8,549 million in Q3 2024 to Ps. 8,830 million in Q4 2024, with total sales outside Mexico rising by 19% [15][37] - **Fourth Quarter Gross Profit**: Decreased by 34% to Ps. 1,422 million compared to Ps. 2,156 million in Q3 2024 [17][37] - **Fourth Quarter Operating Income**: Declined to Ps. 861 million from Ps. 1,524 million in Q3 2024 [20][37] - **Fourth Quarter Net Income**: Reported at Ps. 1,901 million, down from Ps. 3,152 million in Q3 2024 [25][37] Comparative Analysis - **Year-over-Year Sales**: Total sales in Mexico decreased by 25% from Ps. 24,325 million in 2023 to Ps. 18,270 million in 2024, while total sales outside Mexico decreased by 8% [2][37] - **Cost of Sales Comparison**: Increased by 9% from Ps. 6,795 million in Q4 2023 to Ps. 7,408 million in Q4 2024 [26][37] - **Net Income Comparison**: Increased significantly from Ps. 462 million in Q4 2023 to Ps. 1,901 million in Q4 2024 [36][37]

Core Insights - Zynex, Inc. reported a net revenue of $26.6 million for Q1 2025, a decrease from $46.5 million in Q1 2024, primarily due to a temporary suspension of payments from its largest insurance customer, Tricare [4][6] - The company experienced a net loss of $10.4 million, or $0.33 per share, compared to a net income of $10,000 in the same quarter last year [6][18] - Zynex plans to submit its FDA application for the NiCO laser pulse oximeter soon, which is expected to drive new customer acquisition and diversify its product offerings [3] Management Commentary - The company noted a 3% year-over-year decrease in total orders, attributed to a 39% reduction in sales force headcount, but expressed optimism about the productivity of the remaining sales representatives [2] - Zynex is appealing the payment suspension from Tricare and expects a response by June 2025 [2] Financial Performance - Gross profit for Q1 2025 was $18.2 million, representing 69% of revenue, down from 80% in Q1 2024, impacted by the Tricare payment suspension [4] - Sales and marketing expenses decreased by 28% to $16.9 million, while general and administrative expenses rose to $14.4 million from $13.3 million year-over-year [5] Cash Flow and Guidance - Cash flows from operations for Q1 2025 were negative at $10.5 million, with cash and cash equivalents at $23.9 million as of March 31, 2025 [7] - The company anticipates Q2 2025 net revenue of at least $27 million and expects to improve loss per share to ($0.20) or better [8] Balance Sheet Highlights - As of March 31, 2025, Zynex had total assets of $105.8 million, down from $122.1 million at the end of 2024 [15][17] - Current liabilities were $16.3 million, with total liabilities amounting to $85 million [16][17]