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Invitation to Lassila & Tikanoja’s Capital Markets Day on 26 November 2025
Globenewswire· 2025-10-21 12:00
Lassila & Tikanoja plcInvestor News21 October 2025 at 3.00 PM Invitation to Lassila & Tikanoja’s Capital Markets Day on 26 November 2025 L&T has the pleasure of inviting analysts and investors to its Capital Markets Day in Helsinki, Finland, on Wednesday, 26 November 2025. The event will focus on New L&T and Luotea as separate businesses, and their further value creation potential following L&T’s Board of Directors’ decision to propose to separate New L&T as a new standalone listed company on or about 31 De ...
Insider information, positive profit warning: Lassila & Tikanoja specifies its outlook for 2025. Net sales are estimated to be at the same level as in the previous year, and adjusted operating profit is estimated to be EUR 44 – 48 million
Globenewswire· 2025-10-15 14:00
Lassila & Tikanoja plcInsider Information15 October 2025 at 5.00 pm Insider information, positive profit warning: Lassila & Tikanoja specifies its outlook for 2025. Net sales are estimated to be at the same level as in the previous year, and adjusted operating profit is estimated to be EUR 44 – 48 million Lassila & Tikanoja revises its outlook for the year 2025. In 2024, Lassila & Tikanoja’s net sales were EUR 770.7 million and adjusted operating profit was EUR 43.2 million. Updated outlook for the year 202 ...
Cintas: A Quiet Leader That Continues To Grow (NASDAQ:CTAS)
Seeking Alpha· 2025-09-25 03:17
Company Overview - Cintas Corp. (NASDAQ: CTAS) is a leading provider of uniform rental services and workplace solutions, serving over one million businesses across North America [1] - The company operates in the business services industry, specifically in uniform rental, facility services, fire protection, and first aid & safety [1] Industry Position - Cintas occupies a niche that combines various essential services for businesses, indicating a diversified service offering within the industry [1]
ABM Industries (NYSE:ABM) Fiscal Q3 Earnings Overview
Financial Modeling Prep· 2025-09-05 19:00
Core Insights - ABM Industries reported strong revenue performance despite missing earnings expectations, showcasing resilience in a competitive market [1][2][6] Financial Performance - Earnings per share (EPS) for the fiscal third quarter was $0.82, falling short of the estimated $0.95, representing a negative surprise of 13.68% [2][6] - Revenue reached $2.22 billion, exceeding expectations of $2.15 billion, marking a 6.2% increase from the previous year [2][3][6] - Organic growth contributed 5% to the revenue increase, demonstrating the company's ability to generate higher sales despite challenges [3] Profitability and Cash Flow - Net income surged to $41.8 million, translating to earnings of $0.67 per diluted share [3] - Operating cash flow increased by 120.1% to $175 million, while free cash flow grew by 134.3% to $150.2 million [4][6] Shareholder Returns and Financial Health - The board approved a $150 million increase in share repurchase authorization, reflecting confidence in future prospects [4] - The current ratio of 1.55 indicates a strong liquidity position to cover short-term liabilities [4] Valuation Metrics - The price-to-earnings (P/E) ratio is approximately 36.14, with a price-to-sales ratio of 0.33 [5] - The enterprise value to sales ratio is 0.52, and the enterprise value to operating cash flow ratio is notably high at 123.73 [5] - The debt-to-equity ratio stands at 0.91, indicating a moderate level of debt compared to equity [5]
Primech Holdings Wins $19.6 Million Multi-Year Contract
Globenewswire· 2025-08-26 12:45
Group 1 - Primech Holdings Limited's subsidiary, Primech A&P, has secured a multi-year cleaning services contract valued at S$25,196,581.00 (approximately US$19.6 million) with a leading polytechnic in Singapore, marking a significant achievement for the company [1] - The contract includes the deployment of the HYTRON, an AI-powered autonomous bathroom cleaning robot, along with other advanced robotics and cleaning solutions to enhance hygiene standards and facility management efficiency [2] - Ken Chang, Head of Operations at Primech A&P, emphasized that this contract validates the company's growth strategy and technology-integrated service delivery model, providing strong long-term revenue visibility [3] Group 2 - Primech A&P's expertise in technology-enhanced facility operations across high-traffic institutional environments has positioned it as a preferred partner for the polytechnic, expanding its client portfolio which includes government facilities, major airports, and commercial properties [3] - Primech Holdings Limited is recognized as a leading provider of comprehensive technology-driven facilities services in Singapore, catering to both public and private sectors with a wide range of services [4] - The company integrates eco-friendly practices and smart technology solutions to enhance operational efficiency and client satisfaction, positioning itself as a proactive contributor to advancing industry standards [4]
ABM Industries: An Upgrade Is Now Justified
Seeking Alpha· 2025-08-25 14:41
Company Overview - ABM Industries (NYSE: ABM) is a provider of services such as janitorial services and facilities management [1] Industry Insights - Crude Value Insights focuses on the oil and natural gas sector, emphasizing cash flow and the companies that generate it, which leads to value and growth prospects [1] Subscriber Benefits - Subscribers have access to a 50+ stock model account, in-depth cash flow analyses of exploration and production (E&P) firms, and live chat discussions about the sector [2] Promotional Offer - A two-week free trial is available for new subscribers, providing an opportunity to explore the oil and gas investment service [3]
Interim report for 1 January – 30 June 2025
Globenewswire· 2025-08-12 05:30
Financial Performance - The company reported organic growth of 3.8% in Q2 2025 and 4.1% in H1 2025, compared to 5.8% and 5.9% in the same periods of 2024, respectively, driven mainly by price increases and projects [5] - The operating margin before other items improved to 4.2% in H1 2025 from 4.0% in H1 2024 due to continued operational improvements [5] - Free cash flow improved to DKK (0.5) billion in H1 2025 from DKK (1.1) billion in H1 2024, attributed to increased operating profit and better changes in working capital [5] Business Developments - The company secured six new large key account contracts, each with annual revenue exceeding DKK 100 million, along with several smaller and mid-sized local contracts [5] - The company announced expansions and wins of 14 contracts, each contributing additional annual revenue of more than DKK 100 million [4] - The final oral hearing in the arbitration proceedings with Deutsche Telekom occurred in mid-July, with a ruling by the Tribunal pending [5] Capital Distribution and Outlook - The second tranche of the share buyback program was increased by DKK 500 million to DKK 1,750 million, bringing the total program to DKK 3.0 billion [5] - The company established a Euro-Commercial Paper (ECP) program with a maximum principal value of EUR 900 million for efficient short-term financing [5] - The 2025 outlook remains unchanged with expectations of organic growth of 4-6%, an operating margin above 5%, and free cash flow exceeding DKK 2.4 billion [5]
Lassila & Tikanoja plc: Half-Year Financial Report 1 January–30 June 2025
Globenewswire· 2025-08-07 05:00
Financial Performance - Net sales for the first half of 2025 totaled EUR 371.8 million, a decrease of 3.2% compared to EUR 384.2 million in the same period last year [3][6][13] - Adjusted operating profit for January–June was EUR 17.6 million, up 38.5% from EUR 12.7 million in the previous year [3][6][13] - Net cash flow from operating activities after investments improved to EUR 2.4 million from a negative EUR 3.7 million in the comparison period [3][6][29] Business Segments - In the Circular Economy Business, net sales for January–June were EUR 199.4 million, down from EUR 208.2 million, with adjusted operating profit slightly declining to EUR 16.0 million [18][19] - Facility Services Finland saw a decrease in net sales to EUR 115.3 million from EUR 121.8 million, but operating profit improved significantly to EUR 6.3 million from EUR 1.9 million [24][25] - Facility Services Sweden's net sales increased to EUR 58.2 million from EUR 55.7 million, with adjusted operating loss decreasing to EUR -3.1 million from EUR -4.6 million [27][28] Strategic Developments - The company is progressing with a partial demerger plan to separate its Circular Economy business into a new publicly listed company, with the Board of Directors approving the demerger plan on August 7, 2025 [9][70] - The acquisition of Stena Recycling's pallet business, completed on June 2, 2025, is expected to enhance the service offering and support growth in the Circular Economy Business [21] - A two-year environmental construction project for Boliden Harjavalta was launched in May 2025, involving the expansion of a landfill site [5][20] Sustainability and Efficiency - The company's carbon footprint decreased by 22% compared to the previous year, driven by the use of renewable fuels and investments in a low-emission fleet [8][40] - The efficiency program initiated in 2025 aims for an annual performance improvement of at least EUR 8 million by the end of 2026, with fixed costs decreasing by approximately EUR 2 million in the first half of 2025 [37] - The recycling rate of material flows managed by the company rose to 61.7%, up from 58.9% in the previous year [40][41] Financial Position - Interest-bearing liabilities at the end of the review period amounted to EUR 195.3 million, down from EUR 214.5 million [30] - The average interest rate on long-term loans decreased to 3.2% from 4.0% [30] - The equity ratio was 34.0%, slightly down from 34.5% in the previous year [36]
Primech A&P, a Subsidiary of Primech Holdings, Secures Major Contract Extension Worth Over $8.3 Million
Globenewswire· 2025-07-08 12:52
Core Insights - Primech A & P, a subsidiary of Primech Holdings Limited, has announced a 2-year contract extension valued at S$10,650,000 (US$8.3 million) for comprehensive cleaning services at a prominent institution in Singapore [1][2] - This contract renewal is significant for Primech Holdings as it reinforces the company's competitive positioning in Singapore's institutional cleaning market and contributes to predictable, recurring revenue streams [2][3] Company Overview - Primech Holdings Limited is a leading provider of technology-driven facility services, serving both public and private sectors in Singapore [4] - The company offers a wide range of services, including general facility maintenance, specialized cleaning solutions, and eco-friendly practices integrated with smart technology [4]
ABM Partners with Miami-Dade County to Deliver Integrated Facility Solutions at Miami International Airport
Globenewswire· 2025-06-17 12:00
Core Insights - ABM has entered a five-year partnership valued at approximately $125 million with Miami-Dade County to provide comprehensive services at Miami International Airport (MIA) [3][4] - The partnership includes the deployment of ABM Connect, a technology and data intelligence platform aimed at enhancing passenger experience and operational efficiency [3][5] - This agreement supports MIA's Modernization in Action Plan, focusing on data-driven service models and long-term infrastructure goals [4][5] Company Impact - The partnership will create over 250 new jobs, expanding ABM's existing workforce of over 1,300 in the Greater Miami and Gold Coast region [6] - ABM will collaborate with local Disadvantaged Business Enterprise (DBE) partners to contribute to economic empowerment and local representation in Miami-Dade County [7] Industry Position - Securing this contract reinforces ABM's position as a trusted partner for major airports, particularly in the U.S. aviation sector [9] - MIA is recognized as a vital gateway for international and domestic travel, being the second busiest international airport in the U.S. and the tenth busiest overall [12]