Tag: market news
Amaero announces revised capital expenditure, EBITDA breakeven timeline
Amaero International, an ASX-listed company with manufacturing and corporate headquarters located in Tennessee, USA, has updated its financial guidance, revising key projections for capital expenditures and EBITDA breakeven timelines.
Manufacturing PMI drops to three-month low in June – Judo Bank
The headline seasonally adjusted Judo Bank Australia Manufacturing Purchasing Manager’s Index (PMI) posted 47.2 in June, down from 49.7 in May.
JP Morgan reveals global manufacturing output hits 22-month high in May
The global manufacturing sector experienced an upswing in May, with significant improvements in both output and new orders, according to the JP Morgan Global Manufacturing PMI.
Global dairy market faces slower price recovery, but remains positive: Rabobank report
Rabobank's latest sector research indicated a potentially slower-than-expected price recovery in the global dairy market, with China exhibiting reduced demand for dairy imports.
Orica reports strong half-year performance driven by core blasting business
Orica has reported robust financial results for the half-year period driven by a surge in earnings from its core blasting business and growth in technology and digital solutions.
Additive Manufacturing Research flags $3.2B standstill in Q3 2023 growth
In a report released by Additive Manufacturing Research (AMR), the global additive manufacturing (AM) market has faced a one per cent estimated sequential decline in the third quarter of 2023 compared to the previous quarter.
Orica reports surge in full-year net profit, forecasts earnings boost for FY24
Mining and infrastructure solutions developer Orica Limited has revealed robust financial results for the year ending 30 September 2023, showcasing a significant uplift in performance driven by effective strategy execution and commercial discipline.
Contractionary conditions ease for Aussie industries in September – Ai Group
The Ai Group Australian Industry Index has witnessed a reduction in contractionary conditions, marking an improvement of 8.2 points to reach a seasonally adjusted value of -3.5 points in September 2023.
Tritium achieves record first-half revenue, secures $75M in financing
Tritium, a Brisbane-based manufacturer of electric vehicle chargers, has released its first-half calendar year and full fiscal year results, reporting record revenue of $112 million for the first half of 2023, marking a remarkable year-over-year increase of over 286 per cent.
Stratasys releases strong Q2 2023 financial results
Additive manufacturing giant Stratasys announced its financial results for the second quarter of 2023, showcasing the company’s impressive revenue of $159.8 million, which is 1.6 per cent higher compared to the same period last year.
Featured Article
Delivering growth: how invoice finance transformed a logistics business
For a smaller freight-forwarding company to compete with international behemoths, Global Trade Logistics founder Gary Coutsoudis knows he and his team must outperform.
