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Electrical Components & Equipment

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Incap Increases Its Estimate For 2019 Result

Friday, 13 Sep 2019

Sept 13 (Reuters) - Incap Oyj ::REG-INCAP CORPORATION: INCAP INCREASES ITS ESTIMATE FOR THE 2019 RESULT.GUIDANCE WAS REVISED DUE TO INCREASED DEMAND ESPECIALLY FROM EXISTING CUSTOMERS. IN ADDITION INCAP HAS MANAGED TO BROADEN ITS CUSTOMER BASE.INCAP CORPORATION ESTIMATES THAT GROUP'S FULL-YEAR REVENUE AND OPERATING PROFIT (EBIT) IN 2019 WILL BE CLEARLY HIGHER THAN IN 2018.PREVIOUS GUIDANCE IN HALF-YEAR FINANCIAL REPORT WAS THAT REVENUE AND OPERATING PROFIT (EBIT) IN 2019 WILL BE HIGHER THAN IN 2018.

Rf Industries Q3 Earnings Per Share $0.11 From Continuing Operations

Friday, 13 Sep 2019

RF Industries Ltd ::RF INDUSTRIES REPORTS SALES GROWTH OF 31% YEAR-OVER-YEAR IN THIRD QUARTER OF FISCAL 2019.Q3 EARNINGS PER SHARE $0.11 FROM CONTINUING OPERATIONS.Q3 SALES ROSE 31 PERCENT TO $15.5 MILLION.BACKLOG OF $8.0 MILLION AT JULY 31, 2019.RF INDUSTRIES - EXPECT TO ACHIEVE SALES GROWTH IN Q4 AND FOR FY 2019 AS CO WORKS TOWARDS PLAN OF REACHING $100 MILLION IN SALES OVER NEXT FEW YEARS.

Irce H1 Net Profit Down At EUR 2.6 Mln

Thursday, 12 Sep 2019

Sept 13 (Reuters) - IRCE SpA ::REPORTED ON THURSDAY H1 REVENUES EUR 171.0 MLN VS EUR 192.9 MLN YEAR AGO.H1 NET PROFIT EUR 2.6 MLN VS EUR 5.0 MLN YEAR AGO .

Hamon & Cie International H1 Net Result Narrows To 15.4 Million Euros

Wednesday, 11 Sep 2019

Sept 11 (Reuters) - HAMON & CIE INTERNATIONAL SA ::FIRST SEMESTER BELOW EXPECTATION; BETTER PERSPECTIVES FOR THE SECOND SEMESTER.SIGNIFICANT IMPROVEMENT IN THE OPERATING CASH FLOW FROM EUR -27.1 MILLION IN 2018 TO EUR +0.9 MILLION IN H1.H1 GROUP’S REBITDA AMOUNTS TO EUR -3.1 MILLION (EUR -0.5 MILLION IN 2018).H1 NET RESULT AMOUNTS TO EUR -15.4 MILLION AGAINST EUR -18 MILLION THE PREVIOUS YEAR.H1 REVENUE: DELAY IN THE EXECUTION OF TWO CONTRACTS COMPARED TO PLAN, EXPECTED TO CATCH UP DURING H2.H1 REVENUE EUR 134.0 MILLION VERSUS EUR 167.6 MILLION YEAR AGO.

Tim H1 Net Profit Up At 8.5 Mln Zlotys

Wednesday, 11 Sep 2019

Sept 11 (Reuters) - Tim SA ::H1 NET PROFIT 8.5 MILLION ZLOTYS VERSUS 6.6 MILLION ZLOTYS YEAR AGO.H1 REVENUE 417.7 MILLION ZLOTYS VERSUS 392.1 MILLION ZLOTYS YEAR AGO.H1 OPERATING PROFIT 14.8 MILLION ZLOTYS VERSUS 8.7 MILLION ZLOTYS YEAR AGO.

Melrose Says HY Adj Oper Profit Rises To 539 Mln Pounds

Thursday, 5 Sep 2019

Sept 5 (Reuters) - Melrose Industries Plc ::HY ADJUSTED OPERATING PROFIT 539 MILLION POUNDS VERSUS 501 MILLION POUNDS AS REPORTED PROFORMA A YEAR AGO.HY REVENUE 6 BILLION POUNDS VERSUS 6.20 BILLION POUNDS AS REPORTED PROFORMA A YEAR AGO.TRADING IN LINE WITH EXPECTATIONS FOR 2019.NET DEBT LEVERAGE AT 2.3X EBITDA IS BETTER THAN EXPECTATIONS AT HY END.INTERIM DIVIDEND OF 1.7 PENCE PER SHARE (2018: 1.55 PENCE) IS DECLARED.HY ADJUSTED PROFIT BEFORE TAX OF £429 MILLION (2018: £244 MILLION).GLOBAL AUTOMOTIVE SECTOR DOWNTURN IS AFFECTING GKN AUTOMOTIVE AND GKN POWDER METALLURGY BUSINESSES.SECURITY & SMART TECHNOLOGY BUSINESS CONTINUES TO FACE MATERIAL AND PERSISTENT MARKET HEADWINDS AND TARIFF PRESSURE.REMAIN CONFIDENT GROUP WILL TRADE IN LINE WITH CO'S EXPECTATIONS FOR THIS YEAR.POSITIVE ABOUT PROSPECTS FOR REST OF 2019 AND BEYOND .SOME MACRO CHALLENGES PRESENTED BY TARIFFS AND AUTOMOTIVE SECTOR DOWNTURN.POSITIVE ABOUT PROSPECTS FOR REST OF 2019 AND BEYOND."MADE A STRONG START" IN ADDRESSING £600 MILLION OF LOSS-MAKING CONTRACTS OF GKN BUSINESSES IDENTIFIED ON ACQUISITION.CURRENTLY EXPECT SECOND HALF TRADING TO BE SIMILAR TO FIRST HALF OF 2019 IN AUTO.COMMENCED THOROUGH WORKING CAPITAL REVIEW ACROSS GKN BUSINESSES, TO UNLOCK £400 MILLION OF ADDITIONAL FUTURE CASH WITHIN OWNERSHIP PERIOD.GKN AUTOMOTIVE DEALING WITH GLOBAL MARKET DOWNTURN, WHICH CO EXPECT TO CONTINUE INTO SECOND HALF.AT AEROSPACE SPECIAL TECHNOLOGIES BUSINESS ANNOUNCED ITS INTENTION TO CLOSE ITS KINGS NORTON SITE.

Solid State See FY Profit Significantly Ahead Of Expectations

Tuesday, 3 Sep 2019

Sept 3 (Reuters) - Solid State PLC ::TRADING UPDATE.BOARD IS CONFIDENT THAT PROFITS FOR YEAR ENDING 31 MARCH 2020 WILL BE SIGNIFICANTLY AHEAD OF EXPECTATIONS.REVENUE FOR YEAR IS EXPECTED TO BE IN LINE WITH CURRENT CONSENSUS FORECASTS.DIRECTORS CONSIDER THERE MAY BE OPPORTUNITIES TO GENERATE FURTHER INCREMENTAL SALES LATER IN YEAR.TRADING IN FIRST FOUR MONTHS OF YEAR HAS BEEN VERY STRONG AND IS WELL AHEAD OF BUDGET.ACCELERATION OF CERTAIN PROJECT WORK INTO H1 THAT HAD BEEN EXPECTED IN H2 WHICH WILL BENEFIT REPORTED REVENUE AND PROFITS IN H1.

Zumtobel Group Q1 Profit Up At EUR 10.9 Million

Tuesday, 3 Sep 2019

Sept 3 (Reuters) - Zumtobel Group AG ::INCREASED GROUP REVENUES BY 1.1% TO EUR 296.4 MILLION IN Q1 OF 2019/20.Q1 GROUP EBIT ADJUSTED FOR SPECIAL EFFECTS ROSE BY 58.4% COMPARED WITH Q1 OF 2018/19 AND AMOUNTED TO EUR 15.8 MILLION.Q1 PROFIT FOR PERIOD ROSE FROM EUR 2.8 MILLION TO EUR 10.9 MILLION.SLIGHTLY INCREASED GROUP REVENUES BY 1.1% TO EUR 296.4 MILLION IN Q1 OF 2019/20.OUTLOOK FOR FY 2019/20 - MEDIUM-TERM GOAL CONFIRMED.

Varta To Produce Over 150 Million Lithium-Ion Batteries Cells Per Year In 2022

Tuesday, 3 Sep 2019

Sept 3 (Reuters) - VARTA AG ::PLANS RENEWED EXPANSION OF PRODUCTION CAPACITIES FOR LITHIUM-ION BATTERIES TO MORE THAN 150 MILLION CELLS PER YEAR IN 2022.STRIVING TO ATTAIN GLOBAL MARKET LEADERSHIP FOR LITHIUM-ION BATTERIES WITH A MARKET SHARE OF MORE THAN 50% IN 2020.

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