Financial Data and Key Metrics Changes - Orders increased nearly 40%, building on a strong 16% growth from the previous year [5][21] - Revenue grew by 6%, with adjusted EBIT margins expanding by 190 basis points to 12.4% [5][20] - Adjusted EPS rose nearly 40%, exceeding guidance [5][21] - Record backlog increased by 20% to $18 billion, indicating strong demand visibility [20][24] Business Line Data and Key Metrics Changes - Organic revenue growth was led by service, which grew 9% year-over-year [23] - In the Americas, sales were up 6% organically, with solid double-digit growth in service [23] - EMEA grew 4%, driven by high single-digit growth in service [23] - APAC delivered 8% growth, led by strong system performance and steady demand in service [23] Market Data and Key Metrics Changes - The Americas segment saw a 56% growth, primarily from large-scale data center projects [21] - EMEA experienced an 8% growth, with balanced high single-digit growth in both service and system [21] - APAC orders increased by 10%, driven by double-digit growth in systems and high single-digit growth in service [21] Company Strategy and Development Direction - The company is focusing on energy efficiency and decarbonization, particularly in data centers and advanced manufacturing [7][11] - A proprietary business system is being deployed to enhance operational efficiency and align goals across the organization [6][13] - The strategy emphasizes innovation in technology and service-based solutions to meet customer needs [12][18] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the strong start to the year and raised full-year guidance due to positive momentum [5][26] - The operating environment remains challenging, but the company is well-positioned to deliver on its commitments [20][25] - Management highlighted the importance of operational discipline and the ability to respond to customer needs quickly [74][107] Other Important Information - The company is investing in R&D to support future growth while maintaining cost control [92][93] - There is a focus on improving gross margins and reducing SG&A costs through operational efficiencies [89][90] Q&A Session Summary Question: Order strength and duration - Management confirmed record orders and highlighted strong demand not only from data centers but also from life sciences [28][30] Question: Backlog and organic growth - Management indicated that while backlog is strong, not all orders are shippable within the next nine months, affecting organic growth projections [32][33] Question: Market evolution and order growth - Management noted broad-based growth across different applications in the data center market and emphasized the importance of thermal management for life sciences [36][38] Question: North America margin trends - Management acknowledged a slight headwind in North America margins but expressed confidence in future improvements [50][51] Question: Data center lead times - Management reported good progress on lead times and emphasized the importance of reliable delivery for competitive advantage [72][74] Question: BMS growth and opportunities - Management characterized BMS growth as solid and highlighted the alignment with mission-critical solutions [78] Question: New product development and market readiness - Management discussed ongoing collaboration with customers to innovate and prepare for future market needs [81][82] Question: Portfolio review and strategic moves - Management confirmed ongoing strategic review of the portfolio to enhance shareholder value [85][87]

Core Insights - Garrett Motion Inc. has introduced a breakthrough oil-free centrifugal compressor technology for HVAC systems, aiming to cover cooling demands from 7 to 500 Tons (25 to 1,750 kWc) [2][3] - The company plans to generate $1 billion in revenues outside its Turbo automotive business by 2030, leveraging proven automotive technologies for industrial HVAC applications [3] Technology and Innovation - The new HVAC compressor technology offers a superior alternative to existing solutions such as scroll, screw, and magnetic bearing-based compressors, utilizing efficient turbo machinery and high-speed electric motors [3] - The compressors are designed to enable significant energy savings of over 10% in real-life applications compared to current solutions [5] Sustainability and Cost Efficiency - Garrett's compressors support sustainability goals by facilitating the use of next-generation ultra-low GWP refrigerants and providing cost savings through lower energy consumption and reduced maintenance needs [4] - The compact and lightweight design allows for retrofitting onto existing installations, ensuring a fast payback for end users [4] Market Applications - The comprehensive portfolio of oil-free centrifugal compressors is tailored for various commercial HVAC needs, including rooftop units, chillers for comfort cooling, data center cooling, and battery energy storage applications [5] - Customer testing samples are currently available, with production set to begin in late 2026 [6]

Core Insights - The company has completed the divestment of its FoodTech Equipment offering, marking a strategic shift towards enhancing its digital focus and recurring revenues [1][12] - The fourth quarter saw an exceptional order intake growth of 191%, particularly in Data Center Technologies (DCT), which experienced a 416% increase in order intake [4][6] - Despite strong demand, profitability was impacted by temporary factors such as lower volumes and tariffs, leading to a decline in the adjusted EBITA margin [5][6] Financial Performance - For the full year 2025, order intake increased by 85%, reaching a record level, with a significant backlog growth of 53% driven by DCT and FoodTech [8] - Net sales for the fourth quarter declined by 8%, influenced by currency effects and a decrease in AirTech, while FoodTech showed growth [6][8] - Earnings per share for the fourth quarter amounted to SEK -0.06, compared to SEK 0.85 in the previous year, indicating a decline in profitability [6] Operational Highlights - The company maintained a strong cash flow from operating activities, largely due to advances from customers in DCT [6][8] - In AirTech, order intake remained stable, but profitability was affected by underutilization and lower volumes due to a weaker battery market [6][7] - The company has implemented cost reduction measures, achieving over MSEK 100 in savings in 2025, with additional savings expected by the end of 2026 [10] Strategic Outlook - The company anticipates historically high turnover for the full year 2026, with stronger contributions expected in the second half driven by increased shipments and improved execution [4][15] - In DCT, customer demand is expected to remain strong, with improvements in margins anticipated as tariff effects ease [14][15] - The company aims to focus on continued growth in DCT, scaling FoodTech's digital platform, and improving margins in AirTech through operational measures [16]

Core Insights - Thermal Energy International Inc. will release its fiscal 2026 second quarter financial results on January 27, 2026, before market open [1] - An earnings conference call and webcast will be held at 8:30 a.m. ET on the same day, followed by a Q&A session for qualified equity analysts [1] Company Overview - Thermal Energy provides energy efficiency and carbon emission reduction solutions to major corporations, including Fortune 500 companies [5][6] - The company claims to recover up to 80% of energy lost in typical boiler plant and steam system operations, offering a high return on investment with a short payback period [5] - Thermal Energy operates as a fully accredited professional engineering firm with offices in Ottawa, Pittsburgh, and Bristol, and sales offices across several countries including Canada, the UK, the USA, Germany, Poland, and Italy [6] Financial Information - Financial statements and management's discussion will be filed on SEDAR+ and available on the company's website on the same day as the earnings release [3]

Core Insights - The article discusses the implications of Donald Trump's interest in Venezuelan oil, suggesting that it may be driven by a desire to boost the US economy through cheaper oil prices as midterm elections approach [1][2] - It highlights the challenges and impracticalities of accessing Venezuelan oil, given the current economic conditions and the state of Venezuela's oil infrastructure [5][7] Economic Context - The global oil market is currently oversupplied, with prices at their lowest since 2021, making it economically unfeasible to extract Venezuelan crude without significant investment [4][5] - Venezuela's oil production is minimal, accounting for only 1% of global production, and its output has been severely hampered by a lack of investment in infrastructure [6] Investment Viability - Major oil companies view Venezuela as "uninvestable" due to the political instability and the risk of contracts being abrogated by future governments [8] - The economic case for investing in Venezuelan oil is weak, especially as the US economy has become less dependent on foreign oil over the years [8][10] Historical Precedents - The article draws parallels between Venezuela and past US interventions in oil-rich countries, noting that while opportunities may seem available, the reality often involves significant risks and challenges [12][15] - Historical examples show that multinational oil companies have often retreated from politically unstable regions, which may apply to Venezuela's current situation [14][15]

Luotea’s Shareholders’ Nomination Board submits proposals for the 2026 Annual General Meeting Luotea’s Shareholders’ Nomination Board submits the following proposals to the Annual General Meeting to be held on 29 April 2026. The proposals will also be included in the notice of the 2026 Annual General Meeting. Number and Composition of the Board of Directors The Shareholders’ Nomination Board proposes that the Board of Directors have six (6) members. The Nomination Board proposes that all of the current mem ...

With a market cap of $17.7 billion, Lennox International Inc. (LII) is a global provider of climate control and refrigeration solutions, serving residential, commercial, and industrial markets. Headquartered in Richardson, Texas, the company designs, manufactures, and markets heating, ventilation, air conditioning, and refrigeration (HVACR) equipment, with a strong focus on energy efficiency, sustainability, and advanced climate technologies. The company is poised to report its fiscal 2025 Q4 earnings so ...

®The new Dave Lennox Signature Collection SLP99VK Gas Furnace achieves up to 99% efficiency and includes an integrated Refrigerant Detection System (RDS). ® DALLAS, Jan. 8, 2026 /PRNewswire/ -- Lennox Residential HVAC, a leader in energy-efficient home comfort solutions, announced today the release of the Dave Lennox Signature SLP99VK Gas Furnace, designed to deliver high-efficiency heating with built-in refrigerant detection capability. The SLP99VK is integrated with a Refrigerant Detection System (RDS), e ...

Core Insights - Nvidia CEO Jensen Huang's comments at CES 2026 negatively impacted stocks like Johnson Controls, which saw a decline of up to 10% in early trading [2] Nvidia's AI Infrastructure - Nvidia introduced its next-generation AI infrastructure, Vera Rubin, which utilizes warm water cooling instead of traditional air cooling, significantly improving energy efficiency [3] - The new system operates with a 45-degree Celsius supply temperature, contrasting with conventional data centers that rely heavily on air cooling [3] Implications for Johnson Controls - The shift to warm water cooling is detrimental to companies like Johnson Controls and Trane, which provide chillers and refrigeration solutions for data centers [4] - Data center-related revenue constitutes a mid-teens percentage of Johnson Controls' overall revenue, making it a crucial growth area for the company [4] Investment Considerations - Analysts from The Motley Fool Stock Advisor have not included Johnson Controls in their list of the 10 best stocks to buy, suggesting potential caution for investors [5] - Despite the current challenges, Nvidia's AI infrastructure could eventually drive demand for Johnson Controls' products in the data center sector, which is a fast-growing area [7]

Core Insights - Orion Energy Systems, Inc. has initiated a $3 million project focused on LED lighting and electrical infrastructure for a major food-service distributor in the U.S. [1][2] Group 1: Project Details - The initiative involves deploying and upgrading LED lighting and electrical infrastructure across multiple facilities of a long-term enterprise customer, which operates over 150 facilities in the U.S. [2] - The project highlights the ongoing relationship between Orion and its customer, showcasing the consistent demand for LED lighting and electrical upgrades in the food-service industry [3]. Group 2: Company Overview - Orion specializes in energy efficiency and clean technology solutions, including LED lighting, EV charging solutions, and maintenance services, focusing on large national customers [4]. - The company emphasizes its commitment to helping customers achieve business and environmental goals through sustainable solutions that reduce carbon footprints and enhance performance [4].