Industrial

Three Important Insights on Begbies Traynor, Melrose, and Judges Scientific
November 18, 2024 08:49 PM AEDT| By Team Kalkine MediaHighlights:,Begbies Traynor,reports a 16% increase in pre-tax profits, despite ongoing UK economic challenges.,Melrose,shows resilience in the aerospace sector with a 7% increase in revenues, anticipating significant growth in FY26.,Judges Scientific...

Halma Poised for Steady Growth in Upcoming Half-Year Results Amid Challenging Market Conditions
November 15, 2024 08:45 PM AEDT| By Team Kalkine MediaHighlights:,Consistent Delivery Expected,:,Halma PLC (,LSE:HLMA,) is set to,showcase,organic revenue growth, margin expansion, and strong cash flow in its upcoming half-year results.,Healthcare Orders Under Scrutiny,:,Market observers will focus on u...

Melrose Industries Eyes Long-Term Growth Amid Short-Term Headwinds
November 15, 2024 08:10 PM AEDT| By Team Kalkine MediaHighlights:,Strong Cash Flow Potential,:,Broker Citi forecasts Melrose Industries' free cash flow could reach £450-£550 million by 2028, significantly higher than market consensus.,Undervalued Aerospace Assets,:,Citi views Melrose’s Airbus A350 wing...

BAE Systems Announces £25 Million Artillery Equipment Factory in Sheffield
November 15, 2024 07:50 PM AEDT| By Team Kalkine MediaHighlights:,New Factory Announcement,:,BAE Systems (,LSE:BAE,) will invest £25 million in a new Sheffield facility focused on artillery equipment production.,Job Creation,:,The project is set to create 50 highly skilled jobs, boosting local,employmen...

Trump Administration Plans to Repeal EV Tax Credit, Shaking Up Auto Industry
November 15, 2024 04:35 AM AEDT| By Team Kalkine MediaHighlights:,EV Credit Repeal on the Horizon:,Trump’s transition team moves to end the $7,500 EV tax credit, a key component of Biden’s Inflation Reduction Act.,Mixed Impact on EV Market:,Tesla could gain relative advantage, but rivals like Rivian may...

FirstGroup Upgrades Full-Year Outlook and Launches £50 Million Share Buyback
November 15, 2024 04:11 AM AEDT| By Team Kalkine MediaHighlights:,Upgraded Forecast and Share Buyback:,FirstGroup announces a £50 million share buyback and upgrades its full-year outlook, boosting investor confidence.,Bus and Rail Growth:,Expanding bus operations and robust performance in UK open-access...

Etihad Unveils $1 Billion Retrofit Initiative Amid Industry Aircraft Shortages
November 15, 2024 02:35 AM AEDT| By Team Kalkine MediaHighlights:,$1 Billion Retrofit Investment,: Etihad plans to refurbish 50 Boeing 787 and 777 jets, addressing new aircraft shortages.,Significant Profit Surge,: Etihad reported a 66% increase in post-tax profit, reaching $368 million for the first ni...

What Risks Could Be Hiding in Costain Group's Unexpected Stock Movement?
November 13, 2024 08:47 PM AEDT| By Team Kalkine MediaHighlights,Costain Group PLC operates in the UK’s infrastructure and construction sector, focusing on engineering and technology solutions.,Recently, its share price surpassed the 200-day moving average, indicating market interest.,Trading volume for...

Rolls-Royce Faces Backlash Over Prolonged Engine Servicing Delays Impacting Major Airlines
November 13, 2024 11:00 AM AEDT| By Team Kalkine MediaHighlights:,Extended Servicing Times:,Rolls-Royce's Trent 1000 engine maintenance delays have increased from 90 to 120 days, affecting airline schedules globally.,Airlines Cut Routes:,British Airways and Virgin Atlantic have reduced flight schedules...

Facilities by ADF Warns of Profit Hit Amid Production Delays, Shares Plummet 40%
November 13, 2024 03:15 AM AEDT| By Team Kalkine MediaHighlights:,Production Delays Impact Results,: Facilities by ADF cites ongoing delays in TV and film projects, driven by uncertainty around the UK’s Autumn Budget and the upcoming US election.,Full-Year Revenue Guidance Lowered,: The company forecast...

What’s Behind the Recent Surge in Support for Thruvision?
November 12, 2024 09:47 PM AEDT| By Team Kalkine MediaHighlights,Thruvision, a body scanning equipment manufacturer, is strengthening its financial position with backing from key shareholders.,Schroders and Pentland are contributing to a new fundraising initiative, supporting Thruvision’s growth in secu...

BAE Systems Reiterates Upgraded Full-Year Outlook Amid Strong Global Defence Demand
November 12, 2024 07:37 PM AEDT| By Team Kalkine MediaHighlights:,Upgraded Full-Year Guidance Maintained,: BAE Systems confirmed its previously upgraded forecasts, projecting 12% to 14% growth in both sales and underlying pre-tax earnings.,Resilient Demand for Defence Products,: Strong global defence sp...

Rivian Faces Revenue Miss Amid Supply Chain Struggles but Reaffirms Production Goals
November 08, 2024 08:25 PM AEDT| By Team Kalkine MediaHighlights:,Revenue Shortfall,:,Rivian’s Q3 revenue fell short of expectations at $874 million due to ongoing supply chain challenges.,Broader Loss Forecast,:,The company revised its full-year EBITDA loss guidance to $2.82-$2.87 billion, citing highe...

British Airways Owner IAG Reports Strong Q3 Results, Announces €350 Million Share Buyback
November 08, 2024 08:05 PM AEDT| By Team Kalkine MediaHighlights:,Share Buyback Announced,:,IAG unveiled a €350 million buyback plan following strong quarterly performance.,Operating Profit Surge,:,The group's operating profit grew by 15.4% to reach €2.01 billion for Q3.,Revenue Growth,:,Total revenue r...

Serco Faces £165m Loss on Australian Contract and Major NI Tax Change Hit
November 08, 2024 07:59 PM AEDT| By Team Kalkine MediaHighlights:,Serco loses long-running Australian immigration detention contract after rebid.,The company estimates an additional £20 million annual labour cost increase due to recent UK tax changes.,Serco plans a change programme to manage contract lo...

Rolls-Royce Shares Surge as Panmure Liberum Reaffirms Buy Rating and Long-Term Price Target
November 08, 2024 07:37 PM AEDT| By Team Kalkine MediaHighlights:,Buy Rating Reaffirmed:,Panmure Liberum reiterated its "buy" rating for Rolls-Royce Holdings PLC with a three-year price target of 665p.,Strong Long-Term Potential:,Analysts see significant potential for Rolls-Royce to re-rate closer to pe...

Tesla Rejoins $1 Trillion Market Cap Club as Stock Soars After U.S. Election Boost
November 08, 2024 07:37 PM AEDT| By Team Kalkine MediaHighlights:,Tesla Hits $1 Trillion Valuation:,The EV giant’s market cap surpasses the $1 trillion mark, driven by a surge in stock price.,Post-Election Rally:,Tesla shares jumped 30% in the week following Donald Trump’s election victory, adding over...

IAG Soars on Strong Q3 Results and New Share Buyback Announcement
November 08, 2024 07:37 PM AEDT| By Team Kalkine MediaHighlights:,Robust Profit Growth:,IAG reported a 15.4% increase in Q3 operating profit, driven by strong demand for transatlantic and European travel.,€350 Million Buyback Plan:,The airline group announced a substantial €350 million share buyback, si...

British Airways' Parent Company IAG Posts Significant Earnings Growth
November 08, 2024 07:29 PM AEDT| By Team Kalkine MediaHighlights:,International Airlines Group (IAG) reports a 15.4% increase in operating profit for Q3 2024, reaching €2.0 billion.,Total revenues for the period rose by 7.9%, reaching €9.3 billion.,IAG announces a €350 million share repurchase scheme an...

Key Highlights: IAG, Serco, Vistry
November 08, 2024 07:21 PM AEDT| By Team Kalkine MediaHighlights:,IAG announces strong Q3 results, including a €350m share repurchase, but reports €96m loss due to currency impacts.,Serco loses its Australian immigration contract, with a potential £18m profit impact and additional costs from UK National...
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