Mercedes-Benz Group 2023 Results*: Cash Generation at Work
Cash generation: Strong Free Cash Flow of the Industrial Business up 39% at €11.3 billion (2022: €8.1 billion) and Net Industrial Liquidity up 19% at €31.7 billion (2022: €26.6 billion) Full year performance: Group revenue increased by 2% to €153.2 billion (2022: €150.0 billion) and Group EBIT amounted to €19.7 billion (2022: €20.5 billion) Profitability: […]
Toshiba Releases Power MOSFETs with High-Speed Diodes that Help to Improve Efficiency of Power Supplies
– New additions to the latest generation DTMOSVI Series with the super junction structure – KAWASAKI, Japan–(BUSINESS WIRE)– The new products use high-speed diodes to improve the reverse recovery[2] characteristics important for bridge circuit and inverter circuit applications. Against the standard DTMOSVI, they achieve a 65% reduction in reverse recovery time (trr), and an 88% […]
Orbia Announces Fourth Quarter and Full-Year 2023 Financial Results
MEXICO CITY–(BUSINESS WIRE)–Orbia Advance Corporation, S.A.B. de C.V. (BMV: ORBIA*) (“the Company” or “Orbia”) today released unaudited results for the fourth quarter and full year of 2023. Orbia delivered EBITDA of $226 million for the fourth quarter of 2023 and $1.46 billion for the full year 2023, in line with recent guidance, demonstrating its resilience […]
CORRECTING and REPLACING Mister Car Wash Announces Fourth Quarter and Fiscal Year 2023 Financial Results
Net revenues increased 7.4% during the quarter Comparable-store sales increased 0.7% during the quarter Unlimited Wash Club memberships increased 10.3% Opened a record 35 new greenfield locations in 2023 Provides Fiscal 2024 Initial Outlook TUCSON, Ariz.–(BUSINESS WIRE)–In the Fiscal 2024 Outlook table, the “Comparable-store sales growth %” row under the “2024 Initial Outlook” column should […]
E3 Lithium Outlines 2024 Corporate Guidance and its Plans to Advance the Clearwater Project
Highlights: E3 Lithium is looking forward to another significant year of growth in 2024 as it advances its Clearwater Project towards commercial operations and revenue generation With the commercial viability of Direct Lithium Extraction Technology and E3 Lithium’s brines-to-battery flow sheet demonstrated in 2023, achieving the milestones set for 2024 marks a fundamental shift in […]