Core Insights - KH Group Plc experienced moderate growth in net sales and operating profit during the January–March 2025 period compared to the previous year [3] - The company aims to focus on its core business, KH-Koneet, while divesting other business areas [8] Financial Performance - Net sales for the period amounted to EUR 41.8 million, an increase from EUR 40.4 million year-on-year [7] - Comparable operating profit was EUR 0.2 million, improving from a loss of EUR 0.1 million [7] - The net profit from continuing operations was EUR -0.4 million, an improvement from EUR -1.7 million [7] - Earnings per share from continuing operations were EUR -0.01, compared to EUR -0.03 in the previous year [7] - Equity per share decreased to EUR 0.85 from EUR 1.30 [7] - Gearing at the end of the review period was 291.3%, up from 225.3% [7] Business Segments - KH-Koneet saw an increase in net sales and operating profit in Finland and Sweden, particularly in heavy crawler excavators [3] - Nordic Rescue Group's net sales declined, but operating profit remained stable compared to the previous year [3] - Indoor Group faced challenges due to market uncertainty, but a reform program aims for an annual operating profit improvement of at least EUR 10 million by the end of 2026 [4] Strategic Developments - KH Group initiated a sale process for Indoor Group and aims to complete it during 2025 [5] - The company acquired the remaining minority shares of KH-Koneet Group Oy for EUR 2.0 million, making it a fully-owned subsidiary [5] - A performance-based share scheme for key employees of KH-Koneet was established to align their goals with shareholder interests [6] Future Outlook - The company estimates that net sales for 2025 will be approximately EUR 194.0 million, with comparable operating profit remaining around EUR 7.2 million [9] - The focus will be on securing net sales and improving working capital efficiency [6]

Primoris Services (PRIM) came out with quarterly earnings of $0.98 per share, beating the Zacks Consensus Estimate of $0.72 per share. This compares to earnings of $0.47 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 36.11%. A quarter ago, it was expected that this construction contractor would post earnings of $0.73 per share when it actually produced earnings of $1.13, delivering a surprise of 54.79%.Over the last four quar ...

Core Viewpoint - Rosen Law Firm is reminding investors who purchased common stock of Everus Construction Group, Inc. during the specified Class Period of the upcoming lead plaintiff deadline for a class action lawsuit [1][3]. Group 1: Class Action Details - Investors who acquired Everus Construction common stock during the Class Period or through the spinoff from MDU Resources may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [2]. - A class action lawsuit has already been filed, and interested parties must move the Court to serve as lead plaintiff by June 3, 2025 [3]. Group 2: Legal Representation - The Rosen Law Firm emphasizes the importance of selecting qualified legal counsel with a proven track record in securities class actions, highlighting their own success in recovering significant amounts for investors [4]. - The firm has achieved notable settlements, including the largest securities class action settlement against a Chinese company at the time, and has consistently ranked highly in securities class action settlements [4]. Group 3: Case Allegations - The lawsuit alleges that during the Class Period, Everus Construction made false or misleading statements regarding its backlog conversion cycle and revenue recognition, which misled investors about the company's business prospects [5].

Core Points - KH Group Plc's Board of Directors has established a new performance share plan for key employees of KH-Koneet, replacing the previous plan announced on May 31, 2024, with the goal of aligning shareholder and employee objectives to enhance long-term company value [1] - The performance share plan will cover a two-year performance period from 2025 to 2026, allowing key employees to earn shares based on their performance [2] - Rewards from the plan will be distributed within five months after the performance period ends, consisting of both KH Group shares and cash to cover taxes and social security contributions [3] - The performance criteria for the plan are based on KH-Koneet's EBIT and Return on Invested Capital for the year 2026, targeting approximately 20 key employees, including management members, with a maximum total reward value of approximately 1,094,000 shares [4] - Management members are required to hold 50% of the reward shares until their shareholding equals 50% of their annual base salary from the previous year, while the CEO must hold 50% until their shareholding equals their annual base salary [5] Company Overview - KH Group Plc operates as a Nordic conglomerate in various business areas, including construction and earth-moving equipment, rescue vehicle manufacturing, and furniture retailing, with a strategic objective to create an industrial group centered around KH-Koneet [6]

NEW YORK, May 05, 2025 (GLOBE NEWSWIRE) -- Levi & Korsinsky, LLP notifies investors in Everus Construction Group, Inc. ("Everus Construction " or the "Company") (NYSE: ECG) of a class action securities lawsuit. CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Everus Construction investors who were adversely affected by alleged securities fraud between October 31, 2024 and February 11, 2025. Follow the link below to get more information and be contacted by a member of our team: https://zlk. ...

Jacobs Solutions, Inc. (J) is slated to report second-quarter fiscal 2025 results on May 6, before market open.In the last reported quarter, the company’s earnings and revenues topped the Zacks Consensus Estimate by 3.1% and 0.1%, respectively. On a year-over-year basis, its adjusted earnings declined 8.3% but revenues moved up 4.4%.The leading provider of professional, technical and construction services’ earnings have topped the consensus mark in the last four quarters, the average being 2%.How are Estima ...

This press release is an official information document of the VINCI Group. Nanterre, 5 May 2025 Sabine Granger and Rémi Maumon de Longevialleappointed to VINCI's Executive Committee Pierre Anjolras became Chief Executive Officer of VINCI on 1 May 2025 and chaired his first Executive Committee meeting on Monday 5 May. Two new members joined the executive team at that meeting: VINCI Autoroutes Chief Executive Officer Sabine Granger and VINCI Airports Chief Executive Officer Rémi Maumon de Longevialle. ...

Since the start of 2025, the United States construction sector has been navigating through choppy waters, hit by several unfavorable market factors, including a still-high mortgage rate scenario and an unhinged interest rate environment. With the 30-year mortgage rate lingering between 6.9% and 6.7% (during the January-March 2025 period), reaching as high as 7.04% for the week ending on Jan. 16, 2025, the residential construction market is likely to have remained soft, mainly for the multi-family starts. Ho ...

Here are three stocks with buy ranks and strong growth characteristics for investors to consider today, May 5th:Limbach Holdings, Inc. (LMB) : This company which engineers, constructs and services the mechanical, plumbing, air conditioning, heating, building automation, electrical and control systems, carries a Zacks Rank #1 (Strong Buy), and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 9.9% over the last 60 days.Limbach has a PEG ratio of 2.49 compared with 3.40 for t ...

Group 1: Key Projects in Hainan Free Trade Port - The construction of key projects in Hainan Free Trade Port is accelerating during the "May Day" holiday, with significant progress being made on multiple fronts [1][2] - The expansion of Sanya Phoenix International Airport is a major focus, with the T3 terminal's construction advancing, including 55% completion of the external curtain wall and 65% of the electromechanical installation [1] - The Jin Cheng·Jin Dian Water Front urban renewal project in Haikou is nearing completion, with the main structure fully capped and set to launch in June [2] Group 2: Infrastructure Development - The Hainan 500kV main grid project is underway, with over 300 kilometers of transmission line construction completed and more than 80% of the tower installation finished [2][3] - The project involves an investment of approximately 5.7 billion yuan, including the construction of three substations and about 838 kilometers of transmission lines [2] - The construction of the provincial grain storage facility is also progressing, with over 420 workers on-site and the first dome structure expected to be capped by the end of May [3][4] Group 3: Technological and Operational Advancements - The projects are utilizing mechanization and digital technology to enhance construction efficiency and safety, ensuring timely completion [3] - The grain storage project features China's first "silo machine" developed by China State Construction Engineering Corporation, marking a significant advancement in grain storage technology [4]