2023

Lhyfe has seen a strong increase in revenue in 2023: the company has more than doubled its revenue to €1.3 million, compared with €0.6 million in 2022, reflecting the ramp-up of the Bouin production unit which runs now at full capacity and the expansion of the customers portfolio, both in France and...

“We are closing another year of growth. The 2023 that we leave behind highlights the consolidation of our volumes, with a turnover exceeding 845 million Euros, but above all an important improvement in margins, with an EBITDA of 81 million Euros, up by more than 43% compared to 2022,” commented Enri...

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.

Cummins today reported fourth quarter and full year 2023 results. “High global demand for Cummins’ diverse set of innovative products drove record full year revenues and operating cash flow in 2023,” said Jennifer Rumsey, Chair and CEO.

Deutz maintained its growth trajectory in the first half of 2023: adjusted EBIT rises by almost 50 percent to €62.5 million, revenue increases by 10.0 percent.

Rolls-Royce Power Systems revenue up 24% in the first half of 2023