Company Overview - Twin Disc, Inc. designs, manufactures, and sells marine and heavy-duty off-highway power transmission equipment [2] - The product range includes marine transmissions, azimuth drives, surface drives, propellers, boat management systems, power-shift transmissions, hydraulic torque converters, power take-offs, industrial clutches, and control systems [2] - The company serves customers in pleasure craft, commercial and military marine markets, as well as energy and natural resources, government, and industrial markets [2] - Sales are conducted through a direct sales force and a distributor network, targeting both domestic and foreign customers [2] Recent Developments - Twin Disc's CEO John Batten and CFO Jeff Knutson will attend the D. Boral Inaugural Global Conference on May 14 in New York City [1] - Executives from Twin Disc will be available for one-on-one meetings with registered investors during the conference [1]

Core Insights - LITGRID AB reported a decline in revenue and profitability for Q1 2025 compared to Q1 2024, indicating challenges in the electricity transmission sector [2]. Financial Performance - Revenue decreased to EUR 108.7 million in Q1 2025 from EUR 113.0 million in Q1 2024, representing a decline of approximately 3.8% [2]. - EBITDA turned negative at EUR (-27.8) million in Q1 2025, down from EUR 29.4 million in Q1 2024 [2]. - Net profit also fell to EUR (-27.0) million in Q1 2025, compared to a profit of EUR 21.5 million in Q1 2024 [2]. - Return on Equity (ROE) for the last 12 months dropped significantly to 0.2% in Q1 2025 from 25.9% in Q1 2024 [2]. Adjusted Financial Metrics - Adjusted EBITDA improved to EUR 14.2 million in Q1 2025 from EUR 12.5 million in Q1 2024 [2]. - Adjusted net profit increased to EUR 8.2 million in Q1 2025, up from EUR 7.2 million in Q1 2024 [2]. - Adjusted ROE for the last 12 months rose to 14.4% in Q1 2025, compared to 11.4% in Q1 2024 [2].

Granite Ridge Resources, Inc. (GRNT) came out with quarterly earnings of $0.22 per share, beating the Zacks Consensus Estimate of $0.20 per share. This compares to earnings of $0.12 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 10%. A quarter ago, it was expected that this company would post earnings of $0.14 per share when it actually produced earnings of $0.17, delivering a surprise of 21.43%.Over the last four quarters, t ...

Investor Presentation First Quarter 2025 Earnings May 7, 2025 May 2025 / © 2025 Remitly Inc. Disclosures Forward-Looking Statements This presentation contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. All statements other than statements of historical fact are forward-looking statements. These statements include, but are not limited to, statements regarding our future results of operations and financial position, including our fiscal year and seco ...

TWIN DISC, INC Investor Presentation DISCLOSURES Safe Harbor Statement This presentation contains statements that are forward-looking within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended. These statements are based on management's current expectations that are based on assumptions that are subject to risks and uncertainties. Actual results may vary because of variations between these assumptions and actual performance. Investors are referred to Twin Disc's fiscal year 2024 An ...

MILWAUKEE, May 07, 2025 (GLOBE NEWSWIRE) -- Twin Disc, Inc. (NASDAQ: TWIN) today reported results for the third quarter ended March 28, 2025. Fiscal Third Quarter 2025 Highlights CEO Perspective "Our third quarter results reflect another solid performance, with sequential margin improvement and strong momentum exiting the quarter. Strength across our core marine propulsion markets, particularly in North America and Europe, supported results, while order activity for Veth remained robust, continuing to be dr ...

Financial Performance - Stella-Jones reported sales of CAD 773 million for Q1 2025, a slight decrease from CAD 775 million in Q1 2024, with pressure-treated wood sales down by CAD 36 million or 5% due to lower volumes across most product categories [4][6] - Gross profit for the quarter was CAD 168 million, resulting in a gross profit margin of 21.7%, down from 22.2% in the previous year [3][7] - Operating income increased to CAD 143 million, up from CAD 124 million in Q1 2024, aided by an insurance settlement of CAD 38 million [8][9] - EBITDA rose to CAD 179 million, with an EBITDA margin of 23.2%, compared to CAD 156 million and a margin of 20.1% in the same period last year [8][9] Acquisition Strategy - The company announced a definitive agreement to acquire Locweld Inc. for CAD 58 million, enhancing its infrastructure offerings in the steel transmission structure industry [2][14] - The acquisition is expected to unlock investment opportunities and create more value for customers and shareholders [2][14] Liquidity and Capital Resources - Stella-Jones maintained robust liquidity of CAD 691 million at the end of the quarter and a net debt-to-EBITDA ratio of 2.6x [10][32] - The company utilized its liquidity to support seasonal working capital needs, repurchase CAD 15 million of shares, and declared a dividend of CAD 17 million [10][13] Segment Performance - Utility poles sales increased to CAD 419 million, while railway ties sales decreased to CAD 208 million, reflecting a 14% decline in volumes [12] - Residential lumber sales remained stable at CAD 88 million, and industrial product sales increased to CAD 39 million [12]

Company Overview - Stella-Jones Inc. has announced the acquisition of Locweld Inc., a designer and manufacturer of lattice transmission towers and steel poles, with the deal expected to close today [1][3]. - Locweld, based in Candiac, Quebec, has over 75 years of experience and employs approximately 220 people [2]. Strategic Implications - The acquisition allows Stella-Jones to enter the approximately $5 billion steel transmission structure market, enhancing its current utility poles business and creating new growth opportunities [3]. - The CEO of Stella-Jones emphasized that this strategic move will leverage the company's extensive sales and distribution network to better serve customers and expand its market reach [3]. Financial Details - The acquisition price is set at $58 million on a cash-free, debt-free basis, with potential additional performance-based payments of up to $7 million contingent on achieving specific milestones [5]. - Stella-Jones plans to invest approximately $15 million in capital expenditures to increase Locweld's output and optimize operational efficiencies [5]. - Locweld reported sales of approximately $55 million for the year ending September 30, 2024 [5]. Management Transition - Following the acquisition, Michael Cyr, the CEO of Locweld, will step down, while key management members will remain to support the business [5].

围绕优化水务领域营商环境、提升水行政许可审批效率，青岛市行政审批服务系统重大项目"金牌团 队"对重点项目采用"一对一"对接方式，系统建立"全程跟踪、紧盯需求、专员跟进、专班服务、协同联 动"服务流程，及时跟进项目进度。近期，青岛市行政审批局紧盯项目申报中关键环节、难点堵点，通 过"多评合一""提级审批""并联审查"等服务方式，不断减材料、减时限、减环节，为项目单位提供"一 站式"办理服务，实现评审次数减少70%，评审费用节约50%，企业跑动次数减少70%的服务效应，助力 官路水库输配水工程（一期）项目、荣潍高速等一批省市重点项目刷新建设"进度条"，跑出水行政许 可"加速度"，获得建设单位一致好评。 "我们已经做好这个项目要跑四五个地方申报的准备，没想到青岛市行政审批局一次就给我们办好 了。"国网山东省电力公司项目经理任永一说。任永一提到的项目是烟威1000千伏特高压交流输变电工 程（青岛段）跨河工程，由于项目建设涉及市区两级管理的39条河道、73处跨河点位，4月29日至30 日，青岛市行政审批局主动为建设单位提供"提级审批"服务，将原本需要到青岛市行政审批局、西海岸 新区审批局等5个审批部门分别办理的洪水影响 ...

CALGARY, AB, May 2, 2025 /PRNewswire/ - Enbridge Inc. (TSX: ENB) (NYSE: ENB) (Enbridge or the Company) announced today that it does not intend to exercise its right to redeem its currently outstanding Cumulative Redeemable Preference Shares, Series 13 (Series 13 Shares) (TSX: ENB.PF.E) on June 1, 2025. As a result, subject to certain conditions, the holders of the Series 13 Shares have the right to convert all or part of their Series 13 Shares on a one-for-one basis into Cumulative Redeemable Preference Sha ...