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April 22, 2021
Can Swaraj Engines continue to shine post robust Q4 results? Swaraj Engines plans to expand the manufacturing capacity to 1.5 lakh units by FY22 from the current 1.35 lakh units to capture the long-term demand prospects. Synopsis The good show is likely to continue given the forecast of a normal monsoon and higher food grain production for FY22. ET Intelligence Group: The stock of Swaraj Engines gained nearly 6% on Thursday in a volatile market following the company’s robust March quarter nu...
February 28, 2021
Vertiv Delivers Strong Fourth Quarter and Full Year 2020 Operating Performance Read full article 24 February 2021, 10:00 pm·19-min read Fourth quarter net sales growth of 11.4% versus prior year fourth quarter with continuing strength in cloud, colocation and telecommunication end markets, organic sales up 9.5%. Orders up 9% compared to prior year fourth quarter. Fourth quarter net income of $75 million and adjusted EBITDA of $187 million, with adjusted EBITDA margin percentage increasing 160 ...
February 25, 2021
TETRA Technologies, Inc. ("TETRA" or the "Company") (NYSE:TTI) today announced full year and fourth quarter 2020 results, which are within the range of the preliminary results that were pre-announced on January 29, 2021. On that same date, the Company announced the sale of the general partner, incentive distribution rights, and 10.95 million common units of CSI Compressco LP ("CSI Compressco") and 15 compressor units to Spartan Energy Partners, which generated over ...
February 23, 2021
The number of special purpose acquisition company (SPAC) listings has surged recently, with January 2021 showing a record number of SPAC listings. A notable example of the recent SPAC frenzy can be seen with Churchill Capital (CCIV), whose shares have surged over 300% year-to-date on its merger with Lucid Motors. However, with the S&P 500 index trading at a P/E of 39.8, it has become increasingly important to be selective when considering fresh exposure to any stock. That being said, exciti...
February 19, 2021
Uni-Select Inc. Reports 2020 Fourth Quarter and Full Year Highlights and Financial Results: Read full article Oops! Annualized savings of $33.0 million realized in 2020, mainly from the Continuous Improvement Plan ; Consolidated sales down 11.2% in Q4 and 15.4% in 2020 impacted by COVID‑19 and resulting in negative consolidated organic growth (1) of 12.0% for Q4 and 15.3% for 2020, each segments sales mirroring respective market and industry; EBITDA (1) and adjusted EBITDA margin ([1] ) o...
February 5, 2021
CONSTI PLC FINANCIAL STATEMENTS BULLETIN 5 FEBRUARY 2021, at 8.30 a.m. Consti Plc Financial Statements Bulletin for January – December 2020 PROFITABILITY CONTINUED TO IMPROVE 10–12/2020 highlights (comparison figures in parenthesis 10–12/2019):·Net sales EUR 78.1 (78.3) million; change -0.2 %·EBITDA EUR 3.7 (3.6) million and EBITDA margin 4.8 % (4.7 %)·Operating profit/loss (EBIT) EUR 3.0 (2.8) million and EBIT margin 3.8 % (3.6 %)·Order backlog EUR 177.9...
February 2, 2021
Oslo, 2 February 2021: In fourth quarter 2020, Scatec Solar’s proportionate revenues was NOK 497 million (1,643) with EBITDA of NOK 223 million (434) and associated EBITDA margin of 45%. Power production reached 407 GWh, an increase of 37% from the same quarter last year. Power Production delivers an EBITDA growth of 44% for the full year 2020 compared to 2019 as the portfolio of power plants in operations continue to grow with two new plants grid connected during fourth quarter. All main...