Topic
industrial-sector
4 stories related to this topic, newest first.
financialpost.comfinance38 days ago
Siemens Raises Mid-Term Revenue Growth Target to 6-9%
Siemens announced it has increased its mid-term revenue growth target to a range of 6-9% from the previous forecast of 5-7%. The company reported the change in its outlook on Friday. The adjustment reflects an update to the company's expectations for revenue expansion over the co…
FI
insidermonkey.comfinance52 days ago
Timken Company Announces Sale of Belts Business Assets to Gates Industrial Corporation
The Timken Company has entered into a definitive agreement to sell the assets of its belts business to Gates Industrial Corporation plc. Financial terms were not disclosed. The move aligns with Timken's strategic priorities and 80/20 approach to improve margins and shareholder va…
MarketWatchai52 days ago
Twilio Revenue Rises 20%, Stock Climbs 19% to Four-Year High
Twilio reported its fastest revenue growth in three years, driven by AI integration and unprecedented demand for one function, sending shares up sharply. CEO Khozema Shipchandler highlighted strategic decisions including retaining Segment. Separately, Greif CEO Ole Rosgaard noted…
MA
Georgia National Guard from United States / Wikimedia (CC BY 2.0)world61 days ago
Sandvik Orders Grow at Fastest Pace Since 2022 on Industrial Sentiment and Mining Demand
Sandvik reported its orders have grown at the fastest rate since 2022. The company benefits from improving sentiment among industrial customers. Continued demand for mining equipment also supports this growth.
BU