Valmet’s Board of Directors has accepted the resignation of Valmet’s President and CEO Pasi Laine and related terms and conditions. Pasi Laine will continue as the President and CEO of Valmet until the end of September 2024. The Board of Directors has initiated the search for a successor. “During the last ten years we at […]
Pentair plc announced second quarter 2023 sales of $1.1 billion. Sales were up 2 percent compared to sales for the same period last year. Excluding currency translation, acquisitions and divestitures, core sales declined 7 percent in the second quarter. Second quarter 2023 earnings per diluted share from continuing operations (“EPS”) were $0.93 compared to $0.92 […]
Orders CHF 1’992.4m, + 24.1% YOY on robust growth momentum in all divisions. Sales CHF 1’601.6m, +15.4% in H1 on robust execution. Operational profit CHF 162.4m, +27.3% YOY, which reflects improvements in operations. Executive Chairwoman Suzanne Thoma stated: “Due to favorable market conditions, our good positioning, first operational improvements and growth initiatives, we substantially increased […]
Armstrong Fluid Technology has been selected as one of Canada’s Best Managed Companies for 2022 and continues to hold the coveted Platinum Status granted only to companies that have received the award for a minimum of seven years. Sponsored by Deloitte Private global consulting and Canadian Business magazine, the Best Managed Companies program is considered […]
