State-owned entity Denel's mechanics remaining unutilised, in favour of 'downright useless' Cubans, isn't the first time SA has spent millions on imported labour.
U.S. Army Researchers Lead New NATO Standard for Vehicle Mobility Courtesy Photo | One of the most important outputs from the Next Generation NATO Reference Mobility.. read moreread more Courtesy Photo | One of the most important outputs from the Next Generation NATO Reference Mobility Model (NG-NRMM) is a data-rich, graphical, map-based representation of terrain types and how well, or poorly, a vehicle can traverse that terrain. In the left image, green-colored terrain represents terrain on which the sample vehicle can move quickly, while darker, redder-colored terrain is slower to traverse. On the right, the NG-NRMM computes a “best path” for vehicles traversing terrain. The NG-NRMM is a high-fidelity, computational model to show how well a given vehicle can move over terrain, providing commanders and leaders quality, real-time information to inform on-the-ground operations.
? Very positive business performance in the first quarter of 2021
? In Q1 2021, order intake rises for the third time in a row and improves by 13.3% to EUR 1.80 billion (previous year: EUR 1.59 billion)
? Order book at record level: Increase of EUR 432 million (+9.3%) compared to the previous year (EUR 4.65 billion) to EUR 5.08 billion
? Revenues grow by 3.9% to EUR 1.69 billion compared to Q1 2020
? Major increase in profitability: EBITDA margin increases to 18.9% (previous year: 17.8%) and EBIT margin to 14.9% (previous year: 13.8%), each having improved by 110 basis points
? Knorr-Bremse considers itself on track for full year 2021 and confirms its guidance
Knorr-Bremse AG, the global market leader for braking systems and a leading supplier of other rail and commercial vehicle systems, today published its results for the first quarter of 2021.
Velodyne Lidar, Inc : Velodyne Lidar lanciert die bahnbrechende Intelligent Infrastructure Solution finanznachrichten.de - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from finanznachrichten.de Daily Mail and Mail on Sunday newspapers.
Consolidated operating result rises from ?34 million to ?87 million ? an increase of ?53 million
Margin more than doubles to 6.2% after 2.5% in same quarter of previous year
Operating free cash flow improves by ?129 million to ?-59 million
Earnings per share almost quadruple from ?0.30 to ?1.14
Outlook for 2021 confirmed and adjusted to new reporting structure
The Düsseldorf-based Rheinmetall AG started fiscal 2021 with sales growth and significantly improved earnings in the first three months. In terms of sales, Rheinmetall benefited in the first quarter from the continuing economic recovery of the automotive industry and from ammunition deliveries that had originally been expected in the second quarter of 2021 but were moved forward by the customers. In addition to the sales growth, the increase in earnings resulted particularly from the cost reduction measures initiated in 2020 in response to the production declines in the automotive industry due to the pandemic.