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 […]
Casey’s Announces Timing of Third Quarter Earnings Release and Conference Call
ANKENY, Iowa–(BUSINESS WIRE)–Casey’s General Stores, Inc. (“Casey’s” or the “Company”) (Nasdaq: CASY), one of the leading convenience store chains in the United States, will issue third quarter fiscal 2024 results after the market closes on March 11th, 2024. Casey’s will hold a conference call and webcast on Tuesday, March 12th at 7:30am central to review […]
Polar King Mobile Appoints Danny Gaviria as National Sales Manager
FORT WAYNE, Ind.–(BUSINESS WIRE)–Polar King Mobile (PKM), North America’s first provider of affordable refrigerated and freezer trailers, announces the appointment of Danny Gaviria as national sales manager. In this position, Gaviria will play a crucial role in expanding PKM’s market presence and accelerating the growth of its nationwide network. Gaviria comes to PKM after a […]
Wolters Kluwer Auto Lending Insights Suggest Busy Year for U.S. Auto Lenders
Lenders who embrace digital are better positioned for increased loan volumes MINNEAPOLIS–(BUSINESS WIRE)– According to Yalich, while lending will always be subject to the vagaries of the financial markets, auto lenders are likely to handle a higher volume of loans this year: “The pent-up demand from consumers waiting to buy a new car will likely […]
Cenntro Electric Group Limited Announces Approval of the Scheme of Arrangement by the Supreme Court of New South Wales
FREEHOLD, N.J.–(BUSINESS WIRE)– Cenntro is pleased to announce that the Supreme Court of New South Wales, Australia (the “Court“) made orders approving the proposed Scheme on Friday, February 16, 2024 (Australian Eastern Daylight Time, “AEDT“). Cenntro further confirms that it has today lodged an office copy of the orders made by the Court approving the […]
Fisker Receives Continued Listing Standard Notice From NYSE
The Company’s common stock continues to trade on the NYSE under symbol “FSR” LOS ANGELES–(BUSINESS WIRE)– The NYSE notice does not result in the immediate delisting of the Company’s common stock from the NYSE. In accordance with applicable NYSE rules, the Company intends to notify the NYSE within 10 business days of its intent to […]
