Koninklijke Philips, the Dutch healthcare giant, has finally reached a settlement with US regulators over a Respironics product recall back in 2021 worth $1.1bn, causing shares to soar by more than a third on Monday morning.
ITM Power announced a strategic partnership with Hygen on Friday, designating it as the preferred supplier of proton exchange membrane (PEM) electrolysers for hydrogen projects in the UK and across Europe.
Energy-efficient and low-maintenance building products specialist Epwin Group said in its final results on Wednesday that, despite challenges posed by raw material cost inflation and market volatility, it delivered a strong performance, with revenue totalling £345.4m and underlying operating profit reaching £25.5m, marking a 19% increase over the prior year.