ASHBURN, Va., May 26, 2025 /PRNewswire/ - DXC Technology (NYSE: DXC), a leading Fortune 500 global technology services provider, today announced a multi-year IT services agreement with Vibracoustic, a leading expert in automotive Noise, Vibration, and Harshness (NVH) solutions to transform its SAP environment and modernize global IT operations. Vibracoustic Selects DXC to Lead Global Business Transformation with SAP (CNW Group/DXC Technology Company) Under the five-year agreement, DXC will become Vibra ...

Financial Data and Key Metrics Changes - The company reported a 7% increase in sales for the fourth quarter, driven primarily by growth in the Climate Solutions segment [21] - Adjusted EBITDA increased by 32% or $25 million, with an adjusted EBITDA margin of 16.1%, representing a 300 basis point improvement from the prior year [22] - Full year adjusted EBITDA margin ended at 15.2%, which is 210 basis points above fiscal 2024 [23] Business Line Data and Key Metrics Changes - Climate Solutions segment reported a 30% increase in revenues and a 45% increase in adjusted EBITDA, resulting in a 220 basis point improvement in adjusted EBITDA margins to 21% [7][15] - Performance Technologies segment achieved a 15% adjusted EBITDA margin in the fourth quarter, with a 200 basis point year-over-year improvement [11][20] - Data center sales grew by $69 million or 80% from the prior year, driven by higher North American sales and the Scott Springfield acquisition [15] Market Data and Key Metrics Changes - North America showed strong demand for chillers, with data center sales significantly contributing to revenue growth [8][15] - The European market is experiencing some downturn, with customers adjusting their spending plans [52] Company Strategy and Development Direction - The company is focusing on expanding its Climate Solutions segment and has made significant investments to drive growth [5][10] - A new modular data center cooling solution is being launched to meet market demands for high-density compute infrastructure [9] - The Performance Technologies segment is being reorganized into two product groups to better focus on key end markets and customers [29] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the data center market, with visibility of customer plans extending up to five years [38] - The company anticipates total sales growth of 2% to 10% for fiscal 2026, with Climate Solutions expected to grow by 12% to 20% [27] - Performance Technologies is expected to see sales decline by 2% to 12% due to depressed end markets [28] Other Important Information - The company generated $27 million of free cash flow in the fourth quarter, with full year free cash flow at $129 million [24] - A $100 million stock buyback program was announced, with $18 million of share repurchases completed [25] Q&A Session Summary Question: Can you discuss data center visibility and customer build schedules? - Management indicated strong confidence in data center opportunities, with visibility extending up to five years for some customers [36][38] Question: Is there anything sourced from China that is hard to find elsewhere? - The company has significantly reduced dependency on China and feels comfortable with its local supply chain strategy [40] Question: What is the outlook for Performance Technologies? - The largest uncertainty is the rate of market recovery, particularly in Performance Technologies, while Climate Solutions is expected to grow steadily [41] Question: Can you clarify the split in data center revenue between the US and Europe? - The split is approximately 75% North America and 25% Europe [64] Question: How will data center revenue ramp up in fiscal 2026? - The first quarter is expected to be the softest, with ramp-up occurring throughout the year as capacity increases [66] Question: What is the growth outlook for Climate Solutions? - Data center revenue is expected to grow by at least 30%, while other areas may see flat or low double-digit growth [70] Question: What are the plans for divestitures in the Performance Technologies segment? - Currently, no divestitures are built into the guidance, but the company is focused on exiting non-strategic businesses [78]

华夏时报（www.chinatimes.net.cn）记者 田野 于建平 北京报道 近日，备受关注的强制性国家标准《轻型汽车自动紧急制动系统技术要求及试验方法》（以下简称《方 法》）完成起草，进入公开征求意见阶段，征求意见截止日期为2025年6月30日。 据悉，《方法》将替代现行国标GB/T 39901-2021。对比现行标准，《方法》由推荐性转为强制性，且 适用范围有所扩大，要求"M1和N1类汽车应装备自动紧急制动系统"，其中，M1类汽车主要指轿车、 SUV、MPV等乘用车，N1类汽车主要指轻型载货汽车。 国内AEBS整体渗透率仅60% 同时，《方法》还增加了对行人目标、自行车目标、踏板式两轮摩托车目标等弱势交通参与者的识别能 力考核，并新增仿真测试项目。这意味着，强制性国标实施后，所有的乘用车必须安装自动紧急制动系 统，中国市场汽车大规模前装AEBS进入倒计时。 从产业链价值分布看，AEBS系统主要由感知层（传感器）、决策层（控制单元）和执行层（制动机 构）三大模块构成。国联证券分析报告指出，单套系统价值量随性能不同介于800—5000元之间。其 中，入门级纯摄像头方案约800—1500元；摄像头+毫米波 ...

ITT (ITT) 2025 Investor Day May 15, 2025 01:00 PM ET Speaker0 Alright. How's the sound? Okay, guys? Gotta get off to a good start. All right. First of all, thank you for joining us for our Capital Markets Day. Thank you also for not inadvertently going to 85 Broad. Apologize for all that. A couple weeks ago we learned the building was going bankrupt. We quickly, in three weeks time, shifted the whole production here and to thank us we were treated to loud construction noise all morning. So nevertheless, we ...

NORTHVILLE, Mich., May 14, 2025 /PRNewswire/ -- Cooper Standard (NYSE: CPS) today announced the release of its 2024 Corporate Responsibility Report, titled "Transformation: Change is Constant," underscoring the Company's continued commitment to ethical business practices, environmental stewardship, philanthropic outreach, and financial strength. Notably, the 2024 report announces the Company's commitment to develop near-term science-based targets that will pave the way toward the Company's aspiration to bec ...

Valeo announces a new green bond issue for an amount of 650 million euros with maturity May 2031 Paris, May 13, 2025 - Valeo announced the placement of new green bonds maturing May 20, 2031 for an amount of 650 million euros. This issue raised 650 million euros in bonds maturing in 6 years with a coupon of 5.125%. BNP Paribas, Crédit Agricole CIB, CIC, Helaba, ING and Mizuho and acted as Joint Active Bookrunners. The net proceeds of the transaction will be used for financing projects and investments linked ...

Core Viewpoint - BorgWarner Inc. is facing significant challenges due to higher tariffs and rising selling, general and administrative (SG&A) expenses, leading to a recommendation to offload the stock from portfolios [1]. Group 1: Financial Performance and Guidance - The company has reduced its guidance for adjusted operating margin to a range of 9.6% to 10.2%, down from the previous estimate of 10.0% to 10.2%, reflecting a 20 basis point impact from higher tariffs [2]. - BorgWarner anticipates free cash flow of $650 million to $750 million in 2025, indicating a year-over-year decline of $29 million at the midpoint of the guidance [3]. - The Zacks Consensus Estimate for 2025 sales and earnings suggests a year-over-year decline of 2.57% and 2.78%, respectively, with earnings estimates for 2025 and 2026 moving down by 8 cents and 12 cents [6]. Group 2: Cost Structure and Debt - The company is experiencing high SG&A costs, which are expected to persist, alongside elevated research and development expenses related to electrification programs, limiting profit margins [3]. - BorgWarner's long-term debt increased to $3.8 billion as of March 31, 2025, up from $3.76 billion at the end of 2024, which restricts financial flexibility [4]. Group 3: Competitive Landscape - BorgWarner competes with larger manufacturers and distributors, including Robert Bosch GmbH, Denso Corporation, and others, which may have economic advantages such as lower labor costs and subsidies [5]. - Increased competition could negatively impact BorgWarner's business prospects [5].

Modine Manufacturing Company (MOD) FY Conference May 08, 2025 12:45 PM ET Speaker0 Well, good afternoon, everyone, and welcome back to day four of Oppenheimer's twentieth Annual Industrial Growth Conference. I'm Noah Kaye, Managing Director and Equity Research here at OpCo. We're very happy to welcome back the management team of Modine to our conference. Neil Brinker, president CEO, Mick Lucarelli, CFO, Kathy Powers, VP of IR. Thank you all for being here, and looking forward to a great discussion. Well, go ...

BorgWarner (BWA) Q1 2025 Earnings Call May 07, 2025 09:30 AM ET Speaker0 Good morning. My name is Wyatt, and I will be your conference specialist. At this time, I would like to welcome everyone to the BorgWarner twenty twenty five First Quarter Results Conference Call. All participants will be in listen only mode. I would now like to turn the call over to Patrick Nolan, Vice President of Investor Relations. Mr. Nolan, you may begin your conference. Speaker1 Thank you, Wyatt. Good morning, everyone. Thank yo ...

Q1 2025 Non-GAAP Financial Measures Investor Presentation This presentation may contain forward-looking statements as contemplated by the 1995 Private Securities Litigation Reform Act that are based on management's current outlook, expectations, estimates and projections. Words such as "anticipates," "believes," "continues," "could," "designed," "effect," "estimates," "evaluates," "expects," "forecasts," "goal," "guidance," "initiative," "intends," "may," "outlook," "plans," "potential," "predicts," "projec ...