Core Insights - FirstService Corporation reported a consolidated revenue of $1.45 billion for Q3 2025, marking a 4% increase compared to Q3 2024 [2] - Adjusted EBITDA for the same quarter was $164.8 million, reflecting a 3% increase year-over-year, while Adjusted EPS grew by 8% to $1.76 [2][22] - For the nine months ending September 30, 2025, consolidated revenues reached $4.11 billion, a 7% increase from the previous year, with Adjusted EBITDA up 13% to $425.2 million [3] Financial Performance - Q3 2025 revenues were $1,447.6 million compared to $1,396.0 million in Q3 2024, with a GAAP Operating Earnings of $115.6 million, down from $125.9 million [2][23] - For the nine-month period, GAAP Operating Earnings were $252.2 million, slightly up from $247.9 million in the prior year [3][23] - The company reported a GAAP diluted EPS of $1.24 for Q3 2025, down from $1.34 in Q3 2024, while the nine-month diluted EPS increased to $2.32 from $2.26 [2][3][21] Segment Performance - FirstService Residential generated revenues of $605.4 million in Q3 2025, an 8% increase year-over-year, with an Adjusted EBITDA of $66.4 million, up 13% [7] - FirstService Brands reported revenues of $842.1 million for Q3 2025, a 1% increase, but experienced a 4% decline in organic revenue due to reduced activity in restoration and roofing operations [8] - Adjusted EBITDA for FirstService Brands was $102.1 million, down from $105.8 million in the prior year [8] Management Commentary - The CEO expressed satisfaction with the resilient growth in consolidated results despite facing weather-related and broader macroeconomic challenges [4] - The company anticipates continued market challenges impacting performance in Q4 but expects solid growth and profitability for the year [4] Company Overview - FirstService Corporation is a leader in the outsourced property services sector in North America, operating through two main platforms: FirstService Residential and FirstService Brands [5] - The company generates approximately $5.5 billion in annual revenues and employs over 30,000 individuals across North America [6]

Growth investors focus on stocks that are seeing above-average financial growth, as this feature helps these securities garner the market's attention and deliver solid returns. But finding a growth stock that can live up to its true potential can be a tough task.In addition to volatility, these stocks carry above-average risk by their very nature. Also, one could end up losing from a stock whose growth story is actually over or nearing its end.However, the Zacks Growth Style Score (part of the Zacks Style S ...

Core Viewpoint - FirstService Corporation will release its financial results for Q3 2025 on October 23, 2025, at approximately 7:30 am ET [1] Financial Results Announcement - The conference call to review the financial results will occur at 11:00 am ET on the same day, hosted by CEO D. Scott Patterson and CFO Jeremy Rakusin [2] - The call will be available via live webcast on the company's website, with registration required for dial-in participants [2] Company Overview - FirstService Corporation is a leader in the North American property services sector, operating through two main platforms: FirstService Residential and FirstService Brands [4] - The company generates over US$5.4 billion in annual revenues and employs approximately 30,000 people across North America [5] - FirstService's shares are traded on NASDAQ and the Toronto Stock Exchange under the symbol "FSV" and are part of the S&P/TSX 60 index [5]

Growth stocks are attractive to many investors, as above-average financial growth helps these stocks easily grab the market's attention and produce exceptional returns. However, it isn't easy to find a great growth stock.In addition to volatility, these stocks carry above-average risk by their very nature. Also, one could end up losing from a stock whose growth story is actually over or nearing its end.However, it's pretty easy to find cutting-edge growth stocks with the help of the Zacks Growth Style Score ...

Core Viewpoint - Evergrande's liquidators are actively seeking buyers for a majority stake in Evergrande Services, with non-binding offers already received and final bids expected by November, amidst the backdrop of the company's significant financial struggles and the ongoing real estate crisis in China [1][5]. Group 1: Liquidation and Offers - The liquidators control a 51.016% holding in Evergrande Property Services Group, which had a market value of approximately HK$9.95 billion ($1.28 billion) before the announcement [1][5]. - Non-binding indicative offers have been received from multiple parties, and confidentiality agreements have been signed with these potential bidders [1][5]. - Shares of Evergrande Services experienced a surge of up to 40% on Friday, later stabilizing at a 25% gain, following a trading suspension on Thursday due to the announcement [1][5]. Group 2: Market Context and Bidders - The company has been severely impacted by China's prolonged real estate crisis, with its shares plummeting over 95% since their peak in 2021 [1][5]. - State-owned subsidiaries, including China Overseas Holdings and China Resources Holdings, have shown interest in bidding for Evergrande Services, although China Overseas Property Holdings has stated it has not placed a bid [4][5]. - The outcome of the liquidation process may hinge on whether a single bidder aims to maintain the listing of Evergrande Services or opts for a compulsory acquisition [5]. Group 3: Future Outlook - The liquidators are also looking for buyers for Evergrande's stakes in its electric vehicle division, Evergrande New Energy Vehicle Group, which represents the company's two most valuable assets [5]. - Analysts suggest that no firm actions will take place until at least November, indicating a prolonged process ahead for potential bidders [5].

Core Viewpoint - Investors are increasingly seeking growth stocks that demonstrate above-average growth potential, with FirstService identified as a strong candidate due to its favorable growth metrics and Zacks Rank [2][9]. Earnings Growth - FirstService has a historical EPS growth rate of 22%, with projected EPS growth of 16.4% for the current year, significantly outperforming the industry average of 2.8% [5]. Cash Flow Growth - The company exhibits a year-over-year cash flow growth of 17%, which is notably higher than the industry average of -1.8%. Additionally, FirstService has an annualized cash flow growth rate of 31% over the past 3-5 years, compared to the industry average of 0.5% [6][7]. Earnings Estimate Revisions - There has been a positive trend in earnings estimate revisions for FirstService, with the Zacks Consensus Estimate for the current year increasing by 4.8% over the past month [8]. Overall Positioning - FirstService has achieved a Growth Score of A and holds a Zacks Rank 2, positioning it well for potential outperformance in the growth stock category [9][10].

Core Viewpoint - The Board of Directors of Lassila & Tikanoja plc has approved a demerger plan to separate its Circular Economy business into a new independent listed company, enhancing shareholder value and operational focus [1][3][4]. Demerger Overview - The demerger will transfer all assets, debts, and liabilities related to the Circular Economy business to a new company named New Lassila & Tikanoja, while the existing company will retain its Facility Services business and be renamed Luotea [1][7]. - The demerger is subject to approval by the Extraordinary General Meeting (EGM) scheduled for 4 December 2025, with a planned completion date of 31 December 2025 [7][11]. Strategic Rationale - The separation is expected to increase shareholder value by allowing each business area to execute focused strategies and growth opportunities more effectively [3][4]. - Improved agility, independent decision-making, and stronger management focus are anticipated to enhance the performance of both New Lassila & Tikanoja and Luotea [4][5]. Market Position and Growth Potential - The New Lassila & Tikanoja is positioned in a growing circular economy market valued at approximately EUR 8.7 billion across Finland and Sweden, with an expected annual growth rate of 3% [9]. - Luotea operates in a stable property services market with a target size of approximately EUR 12.2 billion, expected to grow at about 4% annually [9]. Financial Information - For the period from 1 July 2024 to 30 June 2025, the Circular Economy business reported net sales of EUR 415.2 million and an adjusted EBITDA margin of 20.7% [15]. - The New Lassila & Tikanoja aims for an average annual net sales growth of over 6% and an adjusted EBITA margin of 11% in the mid-term [21]. Shareholder Support - Major shareholders, holding approximately 27.59% of the shares, have committed to vote in favor of the demerger at the upcoming EGM [29]. Management Structure - The intended management for the New Lassila & Tikanoja includes Jukka Leinonen as Chairman and Eero Hautaniemi as President and CEO, while Johan Mild is proposed as Chairman and Antti Niitynpää as President and CEO for Luotea [7][24][26].

Core Viewpoint - Investors are increasingly seeking growth stocks that demonstrate above-average growth potential, but identifying such stocks can be challenging due to inherent risks and volatility [1] Group 1: Growth Stock Identification - The Zacks Growth Style Score system aids in identifying promising growth stocks by analyzing real growth prospects beyond traditional metrics [2] - FirstService (FSV) is currently highlighted as a recommended growth stock, possessing a favorable Growth Score and a top Zacks Rank [2] Group 2: Earnings Growth - Earnings growth is crucial for growth investors, with double-digit growth being highly desirable as it indicates strong future prospects [3] - FirstService has a historical EPS growth rate of 22%, with projected EPS growth of 17% this year, significantly outperforming the industry average of 2.1% [4] Group 3: Cash Flow Growth - High cash flow growth is essential for growth-oriented companies, allowing them to fund new projects without relying on external financing [5] - FirstService's year-over-year cash flow growth stands at 17%, compared to an industry average of -1.8% [5] - The company's annualized cash flow growth rate over the past 3-5 years is 31%, while the industry average is only 0.5% [6] Group 4: Earnings Estimate Revisions - Positive trends in earnings estimate revisions correlate strongly with near-term stock price movements [7] - The current-year earnings estimates for FirstService have increased by 5.5% over the past month, indicating a favorable outlook [8] Group 5: Overall Positioning - FirstService has achieved a Growth Score of A and a Zacks Rank 1 due to positive earnings estimate revisions, positioning it well for potential outperformance [10]

Core Insights - FirstService Corporation reported strong financial results for the second quarter of 2025, with consolidated revenues of $1.42 billion, reflecting a 9% increase year-over-year [2][3] - Adjusted EBITDA for the quarter was $157.1 million, a 19% increase compared to the same period last year, while Adjusted EPS grew by 26% to $1.71 [2][3] - The company’s GAAP Operating Earnings reached $97.3 million, up from $83.9 million in the prior year, and GAAP diluted EPS was $1.01, an increase from $0.78 [2][3] Financial Performance - For the six months ended June 30, 2025, consolidated revenues totaled $2.67 billion, a 9% increase from the same period in 2024 [3] - Adjusted EBITDA for the first half of 2025 was $260.4 million, up 21%, and Adjusted EPS increased by 30% to $2.63 [3] - GAAP Operating Earnings for the six months were $136.5 million, compared to $122.0 million in the prior year, with GAAP diluted EPS at $1.07, up from $0.92 [3] Segment Performance - FirstService Residential reported revenues of $593.0 million for the second quarter, a 6% increase year-over-year, with an Adjusted EBITDA of $65.5 million, up 11% [7] - FirstService Brands saw revenues grow to $822.7 million, an 11% increase, with Adjusted EBITDA rising 23% to $95.2 million [8] - The increase in operating margins for both segments was attributed to ongoing operational efficiencies and improvements [7][8] Corporate Overview - FirstService Corporation is a leader in the essential outsourced property services sector in North America, operating through two main platforms: FirstService Residential and FirstService Brands [5] - The company generates over $5.4 billion in annual revenues and employs approximately 30,000 people across North America [6] - FirstService is included in the S&P/TSX 60 index and trades on both NASDAQ and the Toronto Stock Exchange under the symbol "FSV" [6]

证券代码：603506 证券简称：南都物业 公告编号：2025-019 南都物业服务集团股份有限公司 2025 年第一季度主要经营数据 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述 或者重大遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 根据上海证券交易所《上市公司自律监管指引第 3 号行业信息披露：第一号 ——房地产》《关于做好主板上市公司 2025 年第一季度报告披露工作的重要提醒》 等要求，公司结合自身情况现将 2025 年第一季度主要经营数据披露如下： 截至 2025 年 3 月 31 日，公司累计总签约项目 666 个，累计总签约面积 8,602.48 万平方米，2025 年 1-3 月公司新签物业服务项目 11 个，新签约面积约 187.07 万平方米。 以上经营数据来自公司内部统计数据，未经过审计，仅为投资者及时了解公 司经营概况之用。 特此公告。 南都物业服务集团股份有限公司 董事会 2025 年 4 月 26 日 ...