Financial: Page 2

Financial Forshadowing: U.S. President Donald Trump finalizes plans for 25 percent automotive tariffs to begin April 2

Tuesday Ticker: President Trump’s 25 percent tariffs are back on the table

Canada is bracing again following threats of tariffs from U.S. President Donald Trump, who said he would formally announce 25 percent tariffs on all steel and aluminum imports on Monday, Feb. 10, including tariffs on Mexico and Canada.

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 […]

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