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Cummins reports strong third quarter 2024 results

“We achieved strong sales and profitability in the third quarter, led by improvement in our Power Systems and Distribution businesses, and have adjusted our full year projection for EBITDA percentage to be at the top end of the prior range,” said Jennifer Rumsey, Chair and CEO of Cummins.
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John Deere results: income of $1.245 billion for fourth quarter

“Amid significant market challenges this year, we proactively adjusted our business operations to better align with the current environment,” said John May, chairman and CEO of Deere & Company. “Together with the structural improvements made over the past several years, these adjustments enable us t...
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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...

Highlights

AS Labruna launches the HEVOlution range of hybrid generators

The first model in the range, HEVOlution 80-37, made its world debut at the Metstrade in Amsterdam, the most prestigious international trade fair for nautical components, representing a decisive step towards innovative and environmentally friendly energy solutions.

Diesel of the Year 2025: dawn of the Hyundai DX05 & DX08

The Korean star is also reflected in the Diesel of the Year. South Korea is in the empire of industrial powers, cinema in the author anthology, K-pop in the playlist of teenagers. The 2025 edition is about Hyundai Infracore DX, 4- and 6-cylinder modular (BxS 110x132 mm), which have what it takes to ...

Alternative Engine Award: FPT under the sign of multi-fuel

An award that seems tailor-made for the XC13 by FPT Industrial. It is the Alternative Engine Award. The 13-litre has always been the star of the Cursor family and in the new X version it has been applied since its birth to IVECO trucks and, in the hydrogen version, has been on the ski slopes for thr...

results

Cummins reports strong third quarter 2024 results

“We achieved strong sales and profitability in the third quarter, led by improvement in our Power Systems and Distribution businesses, and have adjusted our full year projection for EBITDA percentage to be at the top end of the prior range,” said Jennifer Rumsey, Chair and CEO of Cummins.
News

John Deere results: income of $1.245 billion for fourth quarter

“Amid significant market challenges this year, we proactively adjusted our business operations to better align with the current environment,” said John May, chairman and CEO of Deere & Company. “Together with the structural improvements made over the past several years, these adjustments enable us t...
News

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.

Langley Holdings: 2023 annual report

A few days ago Langley Holdings released its IFRS Annual Report & Accounts for 2023. The Power Solutions Division, encompassing subsidiaries Bergen Engines, Marelli Motori and Piller Group, was a significant contributor to the year’s result.
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