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TI Fluid Systems holds FY guidance as sales fall in line with forecasts

Fluid engineering specialist TI Fluid Systems held guidance after first-quarter revenues fell 0.4%, in line with expectations to €847m. ....

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Philips shares soar on $1.1bn DOJ settlement

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. ....

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ITM Power inks strategic partnership with Hygen

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. ....

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Epwin reports strong year despite market challenges

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. ....

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BC Omega Holdco sells 50m shares in TI Fluid Systems in placing

Peel Hunt said on Wednesday that BC Omega Holdco sold 50m ordinary shares in TI Fluid Systems in a placing.
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