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Alfa Laval presents 2023 annual and sustainability reports

The biggest transformation decision made in Alfa Laval in 2023 was to form a dedicated business unit for Fuel cell and Electrolyzer technology. The plate technology needed in the hydrogen economy is a version of what Alfa Laval has done for decades in the heat exchanger businesses. If the project is...

ZF reaches financial targets for 2023

ZF increased turnover to 46.6 billion euros (2022: 43.8 billion euros) and achieved its financial targets for 2023. Going forward, 18 billion euros of targeted investments are planned by 2026.

Deutz results: revenue up by almost 8 % in 2023

Within a persistently challenging macroeconomic environment, Deutz stayed on course in the 2023 financial year and achieved record results for revenue EBIT. The drive manufacturer grew its revenue by 7.8 % to around €2.1 billion.

Rolls-Royce Power Systems records very good results

Rolls-Royce’s Power Systems business unit – with its key mtu brand – saw revenue, profit and cash flow rise strongly in 2023 to reach very good results. Revenue was primarily driven by energy systems, especially for data centres.

Highlights

FPT Industrial: let’s go, XC13

The XC13 surely sounds agnostic in FPT Industrial’s unofficial nomenclature; it comes, indeed, with a tripartite certification: Euro 6E (winking an eye at the upcoming Euro 7), methane gas and also biofuel, with a link to hydrogen. Andrea Abbà, FPT’s product marketing manager, told us about dialogui...

results

Excellent results for Cummins

Cummins has reported a strong fourth quarter revenue of $7.8 billion, along with a revenue of $28.1 billion for the full 2022 year. Key highlights for 2022 include the company completing the acquisition of Jacobs Vehicle Systems (JVS), Meritor, and Siemens Commercial Vehicles, along with unveiling t...

BKT has closed 2021-2022 financial year

BKT (Balkrishna Industries Ltd.) has closed 2021-2022 financial year, with the official approval of the Board of Directors during their last meeting. All related figures have been disclosed.

Deutz: further growth in first quarter of 2022

Deutz has just published its first-quarter 2022 results. With a rise in orders to around €750 million and a significant improvement in adjusted EBIT, Deutz has defined new service revenue target: €500 million by 2025.

Sustainability: TotalEnergies reports on the progress made in 2021

In connection with the publication of its “Sustainability & Climate – 2022 Progress Report”, TotalEnergies is presenting the advances made in its transformation strategy and an update of its climate ambition, in accordance with the commitment made by the Board of directors at its Annual Shareholders...

ZF meets 2021 sales and earnings targets

ZF achieved its financial targets in 2021 and continued its strategic orientation, focused on the future of mobility, securing substantial new customer contracts in the three core areas of electric mobility, autonomous driving and software development.

Deutz reports significant results for 2021

For Deutz 2021 was a highly successful year from both an operational and a strategic perspective, with revenues increased by almost 25 percent to €1.62 billion and improved EBIT margin before exceptional items by around 8 percentage points to 2.3 percent
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Cummins reports 2021 results

Cummins has recently reported full year 2021 results. Revenues for the full year were 21 percent higher than 2020.
News

Rolls-Royce Power Systems: it’s quite a good time

Despite the uncertain global economic situation, the Rolls-Royce Power Systems business unit saw a significant increase in revenue and profit in the first half of 2019 compared with the same period of last year. ROLLS ROYCE LOOKING AT THE CHINESE MARKET… Adjusted revenue was up 6 percent to 1....
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