(RTTNews) - NIBE Industrier AB (NIABY, NIBE-B.ST), a manufacturer of heating, cooling and energy systems, reported Thursday lower profit in its fourth quarter amid nearly flat net sales. Further, the firm announced higher dividend.
(RTTNews) - NIBE Industrier AB (NIABY, NIBE-B.ST), a manufacturer of heating, cooling and energy systems, reported Thursday lower profit in its fourth quarter amid nearly flat net sales. Further, the firm announced higher dividend.
DNY59/E+ via Getty Images Market Environment Global equities finished higher during the quarter with 10 of 11 GICS sectors posting positive returns. By sector, health care and financials contributed the most to market performance while real estate was the sole detractor. By country, the U.S. and Canada contributed the most to market returns while Australia and New Zealand were the sole detractors....
DNY59/E+ via Getty Images Market Environment Global equities finished higher during the quarter with 10 of 11 GICS sectors posting positive returns. By sector, health care and financials contributed the most to market performance while real estate was the sole detractor. By country, the U.S. and Canada contributed the most to market returns while Australia and New Zealand were the sole detractors. Portfolio Performance The portfolio's return was 4.99% (net) for the reporting period. This compares to the MSCI World Index that returned 3.12% for the same period. Performance highlights Contributors DSV ( DSDVF ) IQVIA Holdings ( IQV ) Samsung Electronics Pfd ( SSNLF ) Detractors Alibaba Group ( BABA ) CNH Industrial ( CNH ) Dassault Systemes ( DASTY ) Top contributors: DSV was a contributor during the quarter. The Denmark-headquartered air freight and logistics company's stock price rose as it delivered what we view as solid third-quarter results. DSV is accelerating the timeline for the realization of synergies from its DB Schenker acquisition, which management attributed to having more detailed plans and reducing uncertainties around the integration. We continue to think freight forwarding is a high-growth, return-generative business that benefits from an asset-lite model. In our view, DSV has the industry's best management team, which has the company well-positioned for future growth and to expand its already industry-leading profitability. IQVIA Holdings was a contributor during the quarter. The U.S.-headquartered provider of analytics, solutions, and clinical research services saw its stock price appreciate as it delivered inline third-quarter earnings that were supplemented by what we view as optimistic commentary about the macroeconomic backdrop. Customer demand appears to be improving, and we believe IQVIA is well-positioned to sustain this momentum in the next year. Samsung Electronics was a contributor during the quarter. The South Korea-headquartered tech co...
Leon Wang Chinese prosecutors have formally indicted Leon Wang, the former executive vice president of AstraZeneca, along with the company’s local unit, marking a significant escalation in a compliance scandal that has overshadowed the pharmaceutical giant’s operations in its second-largest market. On Feb. 10, AstraZeneca released its 2025 annual report, disclosing that prosecutors in Shenzhen com...
Leon Wang Chinese prosecutors have formally indicted Leon Wang, the former executive vice president of AstraZeneca, along with the company’s local unit, marking a significant escalation in a compliance scandal that has overshadowed the pharmaceutical giant’s operations in its second-largest market. On Feb. 10, AstraZeneca released its 2025 annual report, disclosing that prosecutors in Shenzhen completed their review in November. They charged AstraZeneca’s China arm, a former executive vice president — identified by sources as Wang — and a former senior employee with illegal collection of personal information and illegal trading. Wang and the former senior employee face additional charges of medical-insurance fraud. The annual report did not name the individuals.
According to researchers, the average adult makes up to 35,000 decisions a day. A decision may be as minor as choosing between grape and strawberry jam on your toast in the morning or as huge as deciding to get married, have a child, or buy a home. And the decisions just keep coming. Once you're old enough, you must determine the right time to begin collecting Social Security benefits. Here are th...
According to researchers, the average adult makes up to 35,000 decisions a day. A decision may be as minor as choosing between grape and strawberry jam on your toast in the morning or as huge as deciding to get married, have a child, or buy a home. And the decisions just keep coming. Once you're old enough, you must determine the right time to begin collecting Social Security benefits. Here are three signs that the time may be right. Image source: Getty Images. Continue reading
The International Olympic Committee has disqualified a Ukrainian sled athlete over his refusal to remove images of war dead from his helmet in competition. (Image credit: TIZIANA FABI)
The International Olympic Committee has disqualified a Ukrainian sled athlete over his refusal to remove images of war dead from his helmet in competition. (Image credit: TIZIANA FABI)
Legrand SA press release ( LGRDY ): FY Adjusted operating profit for 2025 stood at €1,962.3 million, up +10.5% from the same period of 2024. Adjusted operating margin: 20.7% (after acquisitions) Revenue of €9.4B (+8.7% Y/Y). Legrand’s Board of Directors will ask the General Meeting of Shareholders to be held on May 27, 2026 to approve the payment of a dividend of €2.38 per share in respect of 2025...
Legrand SA press release ( LGRDY ): FY Adjusted operating profit for 2025 stood at €1,962.3 million, up +10.5% from the same period of 2024. Adjusted operating margin: 20.7% (after acquisitions) Revenue of €9.4B (+8.7% Y/Y). Legrand’s Board of Directors will ask the General Meeting of Shareholders to be held on May 27, 2026 to approve the payment of a dividend of €2.38 per share in respect of 2025. This represents a rise of +8.2% from 2024 and a payout ratio of 50%.The ex-dividend date is May 29, 2026, with payment 8 on June 2, 2026. Net profit attributable to the Group: 13.1% of salesFree cash flow: €1.3 billion, 14.0% of salesCSR roadmap achievement rate: 110% in 2025 More on Legrand SA Legrand SA 2025 Q4 - Results - Earnings Call Presentation Legrand: Updating For 2026E After Lackluster Performance In Q3 2025 Seeking Alpha’s Quant Rating on Legrand SA Historical earnings data for Legrand SA Dividend scorecard for Legrand SA