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VINCI has reached an agreement to acquire the German group R+S
Globenewswire· 2025-07-17 16:00
Core Insights - VINCI Energies has signed an agreement to acquire the R+S Group, a German company specializing in electrical installation, automation, heating, ventilation, and air conditioning in the building sector, pending approval from German competition authorities [2][3] - The acquisition will enhance VINCI Energies' range of electrical and multi-technical solutions for buildings and expand its customer offerings [3][4] - In 2024, the R+S Group generated revenue of €191 million and employs 1,200 people [2][7] Company Overview - VINCI is a global leader in concessions, energy solutions, and construction, employing 285,000 people across more than 120 countries [5] - In Germany, VINCI generated nearly €5.6 billion in total revenue in 2024, making it the company's second-largest international market [4] - VINCI Energies operates in four business lines in Germany: Infrastructure, Industry, Building Solutions, and ICT, with a workforce of 16,600 across 385 sites [3][4]
CSW Industrials Announces the Commencement of Trading on the New York Stock Exchange and Ticker Symbol Change
Globenewswire· 2025-06-09 11:30
DALLAS, June 09, 2025 (GLOBE NEWSWIRE) -- CSW Industrials, Inc. (NYSE: CSW) (the “Company”) today announced the commencement of trading of the Company’s common stock on the New York Stock Exchange (“NYSE”) under the new ticker symbol, “CSW”. Trading on the NYSE will begin at market open today, June 9, 2025. CSW’s Executive Management Team and Board of Directors will be in New York City this afternoon to ring the closing bell at the NYSE in celebration of joining the world’s largest stock exchange. About CSW ...
Star Equity (STRR) - 2025 Q1 - Earnings Call Transcript
2025-05-14 15:02
Star Equity (STRR) Q1 2025 Earnings Call May 14, 2025 10:00 AM ET Company Participants Richard Coleman - Chief Executive OfficerDavid Noble - Chief Financial OfficerTheodore O'Neill - CEOJeffrey Eberwein - Executive Chairman of the Board Conference Call Participants Tate Sullivan - Managing Director & Senior Industrials Analyst Operator Greetings, ladies and gentlemen, and welcome to Star Equity Holdings First Quarter twenty twenty five Results Conference Call. Please be advised that discussions on today's ...
Johnson Controls Gears Up to Report Q2 Earnings: What to Expect?
ZACKS· 2025-05-05 16:05
Core Viewpoint - Johnson Controls International plc (JCI) is set to release its second-quarter fiscal 2025 financial results on May 7, with expectations of a mixed performance in revenues and earnings compared to the previous year [1][5]. Revenue Estimates - The consensus estimate for JCI's revenues is $5.64 billion, reflecting a decrease of 15.8% from the same quarter last year [2]. - The Building Solutions North America segment is anticipated to benefit from strong demand for HVAC platforms in data centers [2]. - The Building Solutions Europe, the Middle East, Africa/Latin America segment is expected to see revenues of $1.1 billion, indicating a 0.5% increase year-over-year [3]. - The Building Solutions Asia Pacific segment is projected to experience a revenue decline of 14.3% year-over-year to $434.8 million [4]. - The Global Products segment is expected to see an 8.3% increase in revenues year-over-year to $531.5 million [4]. Earnings Estimates - The consensus estimate for adjusted earnings is set at 77 cents per share, a decrease of 1.3% from the previous year [2]. - JCI has consistently surpassed earnings estimates in the past four quarters, with an average surprise of 5.1% [1]. Key Factors Influencing Performance - Investments in digital offerings, such as the OpenBlue platform, are expected to drive revenue growth [5]. - However, rising selling, general and administrative (SG&A) expenses, particularly due to higher insurance recovery costs, may negatively impact margins [6]. - The company faces foreign currency headwinds due to its significant international operations, which could further affect profitability [6]. Earnings Prediction Model - JCI currently has an Earnings ESP of 0.00%, indicating no clear prediction for an earnings beat this time [8]. - The company holds a Zacks Rank of 4 (Sell), which suggests a less favorable outlook compared to higher-ranked peers [8].