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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.

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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...

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Cummins reports third quarter 2023 results

A few days ago Cummins reported results for the third quarter of 2023. Third quarter revenues of $8.4 billion increased 15 percent from the same quarter in 2022. Sales in North America increased 16 percent and international revenues increased 13 percent due to the addition of Meritor and strong dema...
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Lhyfe: results for the first half of 2023

At its meeting held on 26 September 2023, the Board of Directors of Lhyfe, independent producer of green hydrogen, approved its consolidated financial statements for H1 2023 (from January 1st to June 30, 2023). These financial statements were the subject of a limited review by the Statutory Auditors...

Cummins: first quarter 2023 results

Cummins yesterday reported results for the first quarter of 2023. First quarter revenues of $8.5 billion increased 32 percent from the same quarter in 2022.

Liebherr: record turnover in 2022

The Liebherr Group finished the year 2022 with a new record turnover of €12,589 million. Compared to the previous year, the company thus recorded a turnover growth of €950 million or 8.2%.

ZF: 2022 financial results

ZF achieves sales of €43.8 billion in 2022 (2021: €38.3 billion), adjusted EBIT is €2.0 (2021: €1.9) billion, adjusted EBIT margin at 4.7 (2021: 5.0) percent. Order volume for electrified drives amounts to more than €30 billion.
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Deutz: 2022 results

Last year, Deutz maintained its course and achieved its targets in a challenging geopolitical and macroeconomic environment. The drive manufacturer’s unit sales rose by 16.6 percent, while revenue climbed by 20.8 percent to €1.95 billion. Profitability also improved significantly, with EBIT before e...
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