Babcock & wilcox targets $70M-$85M adjusted EBITDA for 2025 with strategic debt reduction efforts
Q4 2024 Management View Kenny Young, Chairman and CEO, highlighted a strategic focus on predictable revenues and margins within the Thermal operations segment, leveraging increased demand from utility ...
CPI Aerostructures Reports Fourth Quarter and Full Year 2024 Results
Fourth Quarter 2024 vs. Fourth Quarter 2023 Revenue of $21.8 million compared to $23.5 million;Gross profit of $4.3 million compared to $4.1 ...
ET EnergyWorld18h
Vedanta saves $120 million in interest payments through debt refinancing
This strategic move, along with funds raised through a qualified institutional placement, has significantly reduced the ...
Michelin upgraded to ’A’ by S&P Global Ratings on robust credit metrics
S&P Global Ratings expects Michelin to maintain a debt-to-EBITDA ratio of about 1.0x over the next two years, reflecting its track record of keeping leverage below 1.5x. The firm’s acquisition ...