Tag: EBITDA

Volt Group to acquire 4D Delta in $7.25 million deal to expand digital asset inspection capabilities

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SYDNEY – Volt Group Ltd (ASX: VPR) said on Wednesday it will acquire Perth-based 4D Delta Pty Ltd, a profitable provider of digital asset inspection and condition monitoring technologies, in a deal valued at A$7.25 million. The acquisition, comprising equal parts cash and Volt shares, is expected to transform Volt into a more diversified technology-enabled…

Stealth Group acquires Hardware & Building Traders in A$22 million deal; Upgrades FY28 guidance

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SYDNEY: Stealth Group Holdings Ltd (ASX: SGI) said on Monday it will acquire Hardware & Building Traders Pty Ltd (HBT), Australia’s largest privately owned hardware buying group, for A$22 million in cash, in a move that positions the company as a leading alternative to industry giants Wesfarmers and Metcash. The acquisition, funded through extended bank-debt…

ArcelorMittal reports $1.5 billion EBITDA in third quarter amid market challenges

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LUXEMBOURG: ArcelorMittal, the world’s leading steel and mining company, announced third-quarter earnings of $1.5 billion in EBITDA on Wednesday, demonstrating what it called “resilient operating results at the bottom of the cycle.” The company reported net income of $377 million, or $0.50 per share, for the three months ended Sept. 30, 2025. On an adjusted basis,…

Jabil Inc. to acquire Hanley Energy Group for $725 million

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ST. PETERSBURG: Jabil Inc. (NYSE: JBL) said on Wednesday it has entered into a definitive agreement to acquire Hanley Energy Group, a provider of energy management and critical power solutions for data centers, in an all-cash deal valued at approximately $725 million. The agreement includes up to $58 million in contingent consideration tied to future…

Helix Energy swings to Q3 profit, lifts 2025 EBITDA guidance on strong robotics, offshore activity

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HOUSTON: Helix Energy Solutions Group Inc (HLX.N) on Wednesday reported a third-quarter profit of $22.1 million, or 15 cents per diluted share, reversing a loss of $2.6 million in the prior quarter, as robust performance in its Robotics and Shallow Water segments offset offshore headwinds. The Houston-based offshore energy services firm posted adjusted EBITDA of…

Oceaneering Q3 profit surges 73%, beats EBITDA guidance on strong segment performance

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HOUSTON: Oceaneering International Inc (NYSE:OII) on Wednesday reported a 73% jump in third-quarter net income, driven by solid execution across its business segments and higher-margin backlog conversion in Manufactured Products. The Houston-based subsea engineering and services firm posted net income of $71.3 million, or 71 cents per share, up from $41.2 million a year earlier….

Renew Holdings has acquired Emerald Power for £12.3 million

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LONDON: Renew Holdings (AIM: RNWH), the leading Engineering Services Group supporting the maintenance and renewal of critical UK infrastructure, announced that its wholly owned subsidiary, Excalon Holdings Limited (“Excalon”), has acquired Emerald Power Ltd (“Emerald”) for a total consideration of up to £12.3m. Emerald Power, based in Cheshire, is a specialist in overhead lines, focused…

Genuit Group has acquired Davidson Holdings Limited for £49 million

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LONDON: Genuit Group plc, the UK’s largest provider of sustainable water, climate and ventilation solutions for the built environment, today announces that it has acquired Davidson Holdings Limited for a total consideration of £49.0 million on a debt-free and cash-free basis. The Business comprises leading brands in the plumbing and heating sectors including Salamander Pumps,…