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Financial Findings: AkzoNobel releases fourth quarter and full year financial results for 2024; indicates revenue increases of four percent in the period
AkzoNobel
For the new year, based on current market conditions and constant currencies, AkzoNobel further expects to deliver 2025 adjusted EBITDA above £1.55 billion. Fourth-quarter revenues were up three percent in the automotive and specialty coatings segment.
Financial Figures: PPG reports fourth quarter and full-year 2024 financial results; highlights yearly net sales of $15.8 billion
PPG
Tim Knavish, PPG chairman and CEO, announces PPG's fourth quarter and full-year 2024 financial results, highlighting net sales of $15.8 billion for the year.
CFIB Findings: More than half of small businesses fell short of revenue, profit, sales goals in 2024
The Canadian Federation for Independent Businesses says 52 percent of small and medium enterprises reported falling short of expectations for 2024. Looming U.S. tariffs also pose a threat, notes the organization.
GM Financial to Release Fourth Quarter and Calendar Year 2023 Operating Results
FORT WORTH, Texas–(BUSINESS WIRE)–
GENERAL MOTORS FINANCIAL COMPANY, INC.
(“GM Financial” or the “Company”) will release its fourth quarter and calendar year 2023 operating results on Tuesday, January 30, 2024.
Boyd’s Books: Boyd reports Q2 2024 financials; Internalization of scanning and calibration, repair-first strategy drive improved margins despite softening sales
Winnipeg, Manitoba — Boyd Group Services, which operates the Boyd Autobody and Glass and Assured collision networks, reported its second-quarter financials on Thursday. For the quarter ended June 30, 2024, Boyd Group Services posted net earnings of US$10.8 million, compared to US$26.3 million in the same period of 2023. Factors impacting net earnings, according to […]
Tuesday Ticker: Tesla shares drop three percent amid supply chain and other struggles; Toyota makes plans for a stellar year
Photo: Gigafactory Berlin-Brandenburg. Michael Wolf. Toronto, Ontario — In this weekly Tuesday Ticker, Tesla faces a triple threat of troubles, while Toyota makes plans to break production records for the second consecutive year. The NASDAQ remained closed on Monday due to Martin Luther King Day. Tumultuous times for Tesla Tesla is facing supply chain delays […]
Tuesday Ticker: Boyd Group announces Q1 cash dividend, Magna feels effects of rising interest rates
Toronto, Ontario — In this weekly Tuesday Ticker, Boyd Group announces a cash dividend for the first quarter of 2023 and rising interest rates, among other macroeconomic factors, put strain on Magna stocks. Betting on Boyd Boyd Group announced Friday a cash dividend for the first quarter of 2023 of $0.147 per common share. The […]
Paint Profit: AkzoNobel grows revenue on increased pricing
Toronto, Ontario — AkzoNobel reported its Q4 2022 and full-year 2022 financial results on Tuesday, with increased revenues driven by price increases. The company reported a 13 percent revenue increase for the full year 2022, compared to 2021. Pricing was up 14 percent. Operating income for the year was reported at €708 million (2021: €1,118 […]
Industry Insider: On equipment and tax write-offs, with Tim Morgan of Spanesi Americas
Toronto, Ontario — On this episode of Collision Repair mag’s Industry Insider, COO of Spanesi Americas Tim Morgan talks his experience with equipment, tool and tax write-offs collision repair businesses could take advantage of—after some financial research, of course. Tune in to hear Morgan’s experience as an equipment supplier serving all of North America.
At the Peak: Simplicity Car Care recognizes top performing franchisees at first annual awards
Toronto, Ontario — To celebrate another year of growth, Simplicity Car Care hosted its first annual awards ceremony to honour its top performers across the country. To Simplicity, it’s about more than sales; the company takes time to honour owners and staff—known as Simplifiers—for leadership, customer satisfaction, and their impact on the community. The award […]
Conquering Together: Consolidated Collision Services serves educational sessions, honours top performers at National Network Meeting
Niagara Falls, Ontario — Consolidated Collision Services (CCS) held its National Network Meeting on October 19, where more than 80 members partook in a full day of thoughtful presentations, discussion and general merriment. The event was in collaboration with the Automotive Conference and Expo, or ACE held next door at the Niagara Fallsview Casino. The […]
Revenue via Recycling: Stellantis to expand circular economy business unit
Amsterdam, Netherlands — Stellantis has announced its mission to generate more than $2.6 billion in savings via a mission to extend the life of its vehicles and parts, the OEM announced Tuesday. The OEM forecasts that it can save €2 billion (CND$2.6 billion) in recycling and reusing parts through its circular economy unit. Stellantis said […]
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