EQS-News: JOST Werke SE / Schlagwort(e): Fusionen & Übernahmen/Firmenzusammenschluss JOST vollzieht Übernahme von Hyva, einem weltweit führenden Anbieter von Hydrauliklösungen für On- und Off-Highway-Nutzfahrzeuge 03.02.2025 / 09:00 CET/CEST Für den Inhalt der Mitteilung ist der Emittent / Herausgeber verantwortlich. JOST vollzieht Übernahme von Hyva, einem weltweit führenden Anbieter von Hydrauliklösungen für On- und Off-Highway-Nutzfahrzeuge Kartellbehörden genehmigen die Übernahme von Hyva ohne Auflagen Einbeziehung von der Hyva Gruppe in den Konsolidierungskreis von...
EQS-News: JOST Werke SE / Key word(s): Mergers & Acquisitions/Merger JOST closes acquisition of Hyva, a global leader in hydraulic solutions for on- and off-highway commercial vehicles 03.02.2025 / 09:00 CET/CEST The issuer is solely responsible for the content of this announcement. JOST closes acquisition of Hyva, a global leader in hydraulic solutions for on- and off-highway commercial vehicles Antitrust authorities approve the acquisition of Hyva without restrictions The Hyva Group will be consolidated as of February 1, 2025 Neu-Isenburg, February 3, 2025. JOST Wer...
We are hosting our 27th German Investment Seminar in New York from 13 to 15 January 2025. In total, 66 companies are participating. Below, we provide some of our initial feedback on the companies, which were present on day two. Among these companies which were presented during the second day, we notably highlight positive feedback on Adidas, Daimler Truck, Evonik, Fuchs, Hensoldt, Jungheinrich, Lanxess, Qiagen, Renk, Rheinmetall and Siemens Healthineers.
We initiate coverage of Heijmans, a contractor focused on the Dutch market, with an Outperform rating and a TP of € 36.5 (DCF based). The Dutch residential market is finally recovering, and we believe Heijmans is well-positioned to benefit due to its land bank and property development arm, driving up revenues while EBITDA margins are expected to exceed 8.5% in the Living unit. Heijmans is also benefitting from strong demand from the infrastructure and energy markets, allowing for soli...
>Very weak market environment weighed on Q3 2024 results - On 11 October, Jost-Werke had already pre-released weak KPIs for its Q3 2024 and cut its FY 2024 guidance. Today’s full release of the company’s Q3 2024 is in line: Reported group sales are -16% y-o-y to € 246m (-19.9% organically), with the largest decline in North America (-30% y-o-y), followed by Europe (-17%) and APAC (-12). Looking by end-customer market, Transport sales are -20% y-o-y and Agriculture sa...
EQS-News: JOST Werke SE / Schlagwort(e): Quartalsergebnis/9-Monatszahlen JOST erwirtschaftet starken Free Cashflow im 3. Quartal 2024 trotz des zyklischen Marktrückgangs und stellt wichtige strategische Weichen für das langfristige Wachstum 14.11.2024 / 08:00 CET/CEST Für den Inhalt der Mitteilung ist der Emittent / Herausgeber verantwortlich. JOST erwirtschaftet starken Free Cashflow im 3. Quartal 2024 trotz des zyklischen Marktrückgangs und stellt wichtige strategische Weichen für das langfristige Wachstum Zyklusbedingter Umsatzrückgang: Umsatz bei 246 Mio. EUR (Q3 2...
EQS-News: JOST Werke SE / Key word(s): Quarter Results/9 Month figures JOST generates strong free cash flow in the third quarter of 2024 despite cyclical market downturn and paves the way for further strategic long-term growth 14.11.2024 / 08:00 CET/CEST The issuer is solely responsible for the content of this announcement. JOST generates strong free cash flow in the third quarter of 2024 despite cyclical market downturn and paves the way for further strategic long-term growth Cycle-driven decline in sales: sales of EUR 246 million (Q3 2023: EUR 292 million) Profitabi...
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