Mitsubishi Corporation announced its financial results for FY23. For more information, please visit the following link. https://lnkd.in/dCixTUWD
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Mitsubishi Electric Corporation announced its consolidated financial results for the first half and second quarter, ended September 30, 2023, of the current fiscal year ending March 31, 2024 (fiscal 2024). Consolidated Half-year Results (April 1, 2023 – September 30, 2023) - Revenue: 2,538.4 billion yen (9% increase year-on-year); - Operating profit: 135.8 billion yen (69% increase year-on-year); - Profit before income taxes: 159.7 billion yen (55% increase year-on-year); - Net profit attributable to Mitsubishi Electric Corp. stockholders: 120.2 billion yen (61% increase year-on-year)
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On 19 March 2024, the FCA published its Business Plan for 2024/25 setting out its planned programme of work for the coming year. In this article, we break down the new Business Plan and the FCA's key areas of focus.
UK: FCA Business Plan 2024/25: a quick guide to the FCA’s key priorities
engage.hoganlovells.com
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Veeco announced financial results for its fourth quarter and fiscal year ended December 31, 2023. Fiscal Year 2023 Highlights: - Revenue of $666.4 million, compared with $646.1 million in the same period last year - GAAP net loss of $30.4 million, or $0.56 loss per diluted share, included a $97.1 million loss related to debt refinancing, compared with net income of $166.9 million, or $2.71 earnings per diluted share in the same period last year - Non-GAAP net income of $98.3 million, or $1.69 per diluted share, compared with $89.6 million, or $1.57 per diluted share in the same period last year
Veeco Announced Fourth Quarter and Fiscal Year 2023 Financial Results - Power Semiconductors Weekly
https://www.powersemiconductorsweekly.com
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EuroGroup Laminations approved the preliminary consolidated financial results as of 31 December 2023. Last year, EV & Automotive segment grew by 50% with two ramp-ups shifted to 2024. The EBITDA Adjusted was a record €116m ( 11.6% year-over-year), thanks to a favorable business mix effect with pass-through mechanism, cost-cutting and recovering initiatives alongside customers and supply chain. 2023 was also a record year for order book (€6.4bn) and customer & platform diversification, with 20 new customers and around 40 platforms; 2 new Chinese OEMs (talks are currently underway with additional 7) and one new Western OEM client. The pipeline, worth €5.2bn, more than doubled compared to the IPO. Looking ahead, new mid-term (2024-26) outlook and targets will reflect strong EV growth prospects and rebound in Industrial business. Specifically, growth is expected in 2024 thanks to double-digit EV & Automotive expansion. Read the full financial results here 👉 https://lnkd.in/d4gjaNna
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In the News: £4.5bn Autumn Statement Backs UK Advanced Manufacturing Plan 🌟 Discover the latest in the world of FDI and Business! Check out this insightful piece. 💡🌍 Kemi Badenoch launches Advanced Manufacturing Plan (AMP) with over £2bn earmarked for the automotive industry, including batteries, and £975m for 🔗 [Learn more: https://lnkd.in/gATM4mN3] Join as a Partner and Professional: FDI Alliance: www.fdialliance.com Valqus Accounting and Business: www.valqus.com #FDI #Invest #Trade #TradeandInvest #InvestmentPromotion #Markets #Business #Accounting
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SPAC Feed: Earnings Flash - EAC - UNIQUE LOGISTICS INTERNATIONAL Posts … Marketscreener.com Source: Earnings Flash - EAC - UNIQUE LOGISTICS INTERNATIONAL Posts … – Marketscreener.com - https://lnkd.in/esE3fRHy #SPACs #SPACNews #SPAC #IPO #markets #news #capitalmarkets #trends #goingpublic #finance #business
Earnings Flash (EAC) UNIQUE LOGISTICS INTERNATIONAL Posts … – Marketscreener.com
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The FCA Business Plan 2024/2025 was published on 20 March 2024. For a quick guide to the FCA's upcoming key priorities please see our Hogan Lovells Engage article linked here: https://lnkd.in/ei-_wVCJ #FCA #financialregulation #ConsumerDuty #esg
UK: FCA Business Plan 2024/25: a quick guide to the FCA’s key priorities
engage.hoganlovells.com
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Revving Up Insights with EBITDA Multiples for the Automotive Industry! Navigating the automotive industry’s financial landscapes, EBITDA multiples serve as a crucial compass, providing a clear benchmark for comparing the operational efficiency and valuation fairness among competing giants. #automotiveinsights #ebitdamultiples #financialanalysis #industryinsights #automotiveindustry #financialbenchmarking #operationalefficiency #valuationfairness #businessstrategy #markettrends #industryanalysis #bidzi #uaelife #uaebusiness #automotivefinance #ebitdavaluation
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As a response to the jolt caused by surging #inflation, cash is making a comeback 💰 Our assessment reveals that among the top 10 #automotive suppliers by revenue, a loss exceeding 7.1 billion euros in cash occurred from 2021 to 2022. While businesses must invest in their future, embracing novel financial flexibility strategies becomes essential for maintaining resilience. We explore four enablers to improve cash management: https://bit.ly/45pjCmw
200 billion euros of cash on the table
kearney.com
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Well done Max Trapp from the #uoig. #lundquistcollegeofbusiness #universityoforegon #cameroncenterforfinance #boeing #stockmarket #uomig #uoreig #finance #financialeducation #financialanalysis
Boeing sees $10 billion loss on Wall Street after door plug accident: UO securities expert
https://www.koin.com
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