[ad_1] This article first appeared on GuruFocus. Revenue: Increased by 6.6% to CHF1.9 billion in the first half of 2025. EBITDA: Increased by almost 13% to CHF57 million. Order Backlog: Reached a record CHF7.8 billion, a 14.6% increase compared to the end of 2024. EBIT Margin: 3.1%, an increase of 0.2 percentage points compared to the previous year. Net Profit: Increased by 26.1% to CHF33.3 million. Free Cash Flow: Negative CHF168 million, influenced by higher operating results and lower trade payables. Cash and Cash Equivalents: CHF272 million, up CHF54 million from the previous year. Equity: Increased to CHF661 million, with…
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[ad_1] In a major step towards regional climate collaboration, Singapore and Thailand have signed their first bilateral Implementation Agreement on carbon credits under Article 6 of the Paris Agreement, local media has reported.The deal was formalized by Singapore’s Minister for Manpower and Minister-in-charge of Energy and Science & Technology, Dr Tan See Leng, and Thailand’s Minister of Natural Resources and Environment, Mr Chalermchai Sri-on.The signing took place on the sidelines of the 9th Singapore Regional Business Forum, held on August 19 in Bangkok.This legally binding agreement is Singapore’s first such pact with a member state of the Association of Southeast…
[ad_1] Image source: Getty Images Legal & General (LSE: LGEN) shares are finally showing signs of life. They’re up 11.2% over the past year, and with a trailing yield of 8.2%, investors have enjoyed a total return close to 20%. That’s not half bad, but owning the stock’s still been a frustrating ride. The Legal & General share price is only 14% higher than it was five years ago. At around 260p today, it’s roughly where it stood a decade ago. That’s despite the FTSE 100 as a whole trading near all-time highs. Blue-chip Aviva has delivered far stronger growth. I…
[ad_1] American Rare Earths Limited (ASX: ARR) (OTCMKTS: ARRNF) has moved a step closer to full-scale U.S. operations. Through its subsidiary, Wyoming Rare Inc., the company has begun construction of a test mine at the Cowboy State Mine, part of the Halleck Creek deposit. Announced on Monday, the work is being done under a State of Wyoming License to Explore by Dozing. The test mining program is designed to extract roughly 3,200 tonnes of ore. This material will feed a demonstration plant and support ongoing mineral processing optimization. In addition, bulk samples will help refine the company’s processing flowsheets. The…
[ad_1] Image source: Getty Images When markets turn choppy, I take comfort in the fact that some companies are built to withstand the worst of times. On the FTSE 100, there are several defensive giants that keep ticking along regardless of wider economic instability. These firms sell products that remain in constant demand, making their revenue streams more reliable than most. Such stocks rarely make news headlines, but their resilience often makes them excellent anchors in a long-term portfolio. My three favourites are Tesco (LSE: TSCO), Reckitt Benckiser (LSE: RKT) and Unilever (LSE: ULVR). Each offers a combination of steady…
[ad_1] One of the hottest places in private markets this summer is in the secondary market, where a record amount of big funds and their customers struggling to exit positions are finding a way out. Welcome to continuation funds or vehicles, also known as “CVs.” A good chunk of this year’s activity in that space has so far come from private fund managers, most of all those in private equity. The vehicles allow fund managers to flip older assets from their maturing funds into new, fresher pools of capital. Funds do this because they don’t think they’ve gotten enough value…
[ad_1] Image source: Getty Images Aviva (LSE: AV) shares are changing hands around a price not seen since 25 January 2008. However, price and value are not the same thing. Price is whatever the market will pay for a stock, while value reflects the fundamental worth of the underlying business. The difference between these two things can be huge. And it is in that difference that big long-term profits can be made, in my experience. This comprises several years as a senior international bank trader and decades as a private investor. To ascertain whether such a gap exists in Aviva…
[ad_1] Sean Duffy wants to put a nuclear reactor on the moon. People on Earth just want their bus to come on time.Nearly 23,000 people have signed a petition urging the federal Department of Transportation Secretary and interim NASA administrator to “fund transit, not fantasy” and focus on the challenge of decarbonizing America’s transportation system, rather than building a lunar power plant that could someday power a long-term base on the moon.That project, which the petition from the National Campaign for Justice dubbed “a space vanity project that diverts funding and focus from the urgent work of fighting climate change,”…
[ad_1] The Environmental Protection Agency (EPA) announced last week that it has developed a national policy on carbon markets — ahead of a two-day stakeholder’s dialogue aimed at enhancing consultation around the policy.The policy, the agency noted, is designed to provide a clear vision and guiding principles for Liberia’s participation in carbon market schemes.However, barely 24 hours to the dialogue, scheduled for August 21-22 in Ganta, Nimba County, CSOs and communities have expressed dissatisfaction with the draft national carbon markets policy, citing concerns about inclusion, transparency, and accountability in its development process. A leaked position statement from the groups, a copy…
[ad_1] Image source: Getty Images Growth stocks often dominate the headlines on both sides of the Atlantic. In the US, the S&P 500 is driven by giants such as Nvidia, while in the UK, Rolls-Royce has transformed itself into one of the FTSE 100’s hottest growth stories. But some of the best growth stocks aren’t the big household names. They’re often smaller businesses hiding in plain sight, waiting for a breakthrough moment. This week, two such companies caught my eye — and I’ll admit I’d barely heard of them until now. Both Shield Therapeutics (LSE: STX) and Pantheon Resources (LSE:…