Escalator

Analogue Records Net Profit of HK$251.5 Million in FY2023

Retrieved on: 
Monday, March 25, 2024

-- Profit attributable to owners of the Company increased to HK$251.5 million, a year-on-year growth of 119.5%

Key Points: 
  • -- Profit attributable to owners of the Company increased to HK$251.5 million, a year-on-year growth of 119.5%
    The Group's revenue for the Year was HK$6,132.9 million and gross profit was HK$833.3 million.
  • Profit attributable to owners of the Company was HK$251.5 million, representing a year-on-year increase of 119.5%.
  • The Group's contracts-in-hand remained at a high level of HK$11,459.6 million, providing a solid foundation for the business going forward.
  • Revenue of the Environmental Engineering segment grew by 9.9% to HK$1,356 million year-on-year, with contracts-in-hand amounting to HK$4,165 million as at 31 December 2023.

Emotions Uncovered: Battery Electric Vehicle Design Drives Purchase Consideration for Consumers

Retrieved on: 
Tuesday, March 28, 2023

LIVONIA, Mich., March 28, 2023 (GLOBE NEWSWIRE) -- Battery electric vehicle (BEV) design evokes emotions among shoppers, and Escalent ’s new groundbreaking report reveals the answers to some of automakers’ biggest questions about how these emotions influence consumers’ purchase consideration.

Key Points: 
  • LIVONIA, Mich., March 28, 2023 (GLOBE NEWSWIRE) -- Battery electric vehicle (BEV) design evokes emotions among shoppers, and Escalent ’s new groundbreaking report reveals the answers to some of automakers’ biggest questions about how these emotions influence consumers’ purchase consideration.
  • Even when additional BEV specifications are introduced—such as brand and model, price, range, charge speed and battery warranty—exterior design remains an important ingredient in consideration.
  • Consumers indicate BEVs don’t necessarily need to look different from internal combustion engine (ICE) vehicles to be a sales success.
  • Other design elements are much more important to consumers in vehicle consideration, with BEV Intenders—consumers who are 15 times more likely to purchase a BEV than the average new-car buyer, according to Escalent’s algorithms—finding an exterior design appealing if it appears exciting, luxurious, strong and responsive.

Analogue Grows FY2022 Revenue and Contracts Awarded by 21.0% and 41.8% Respectively Defying Challenging Market Conditions

Retrieved on: 
Friday, March 24, 2023

-- Total revenue reached HK$6,474.7 million, an increase of 21% year-on-year

Key Points: 
  • -- Total revenue reached HK$6,474.7 million, an increase of 21% year-on-year
    During the Year, the Group's total revenue increased by 21.0% year-on-year to HK$6,474.7 million.
  • Tendering activities remained active throughout the Year, with a total of 1,409 tenders or quotations valued at over HK$1 million each.
  • The Board did not recommend a payment of a second interim dividend for the year ended 31 December 2022.
  • The Group's exceptional project execution capability enabled it to deliver on the order book throughout FY2022, boosting the segment revenue by 26.0% to HK$4,257 million.

Techstars Workforce Development Accelerator Program Announces 2023 Class of Innovative Startups

Retrieved on: 
Monday, November 7, 2022

"This work is about investing in mission- and equity-oriented startups that can unlock human potential and help more Americans thrive despite a fast-changing and often volatile labor market," said Taylor McLemore, managing director of the Techstars Workforce Development Accelerator. "We're thrilled to welcome a new class of startups into our accelerator program -- and connect them with seasoned professionals that will help them achieve their vision and scale their impact."

Key Points: 
  • "This work is about investing in mission- and equity-oriented startups that can unlock human potential and help more Americans thrive despite a fast-changing and often volatile labor market," said Taylor McLemore, managing director of the Techstars Workforce Development Accelerator.
  • "We're thrilled to welcome a new class of startups into our accelerator program -- and connect them with seasoned professionals that will help them achieve their vision and scale their impact."
  • The 15-week Techstars Workforce Development Accelerator Program is supported by Strada Education Network, ZOMALAB and Colorado Thrives.
  • For more information, visit the Workforce Development Accelerator program page at www.techstars.com .

Growth Capital Provider Escalate Capital Partners Secures Investment From Kudu Investment Management

Retrieved on: 
Tuesday, September 6, 2022

NEW YORK and AUSTIN, Texas, Sept. 6, 2022 /PRNewswire/ -- Escalate Capital Partners (Escalate), a leading private credit and equity investor in growing later-stage companies in the software, services, and healthcare sectors, and Kudu Investment Management, LLC(Kudu), a provider of permanent capital solutions to independent asset and wealth managers worldwide, today announced that Kudu has made a minority investment in Escalate.

Key Points: 
  • NEW YORK and AUSTIN, Texas, Sept. 6, 2022 /PRNewswire/ -- Escalate Capital Partners (Escalate), a leading private credit and equity investor in growing later-stage companies in the software, services, and healthcare sectors, and Kudu Investment Management, LLC(Kudu), a provider of permanent capital solutions to independent asset and wealth managers worldwide, today announced that Kudu has made a minority investment in Escalate.
  • "By investing in Escalate, Kudu is partnering with a top team in a dynamic and growing asset management market," said Rob Jakacki, Kudu CEO.
  • Escalate Capital Partners is a leading private credit and growth equity investment firm that targets rapidly growing later-stage companies within the software, services, and healthcare sectors.
  • Kudu was founded in 2015 and is backed by capital partners White Mountains Insurance Group, Ltd. (NYSE: WTM) and MassMutual.

Analogue Achieves Record-High Contracts-in-Hand of HK$12.9 Billion in First Half of 2022, Consolidated Net Profit at HK$119.2 Million

Retrieved on: 
Friday, August 26, 2022

Gross profit also soared by 41.6% year-on-year to HK$457.6 million, thanks to the higher revenue and higher margins from the Building Services segment.

Key Points: 
  • Gross profit also soared by 41.6% year-on-year to HK$457.6 million, thanks to the higher revenue and higher margins from the Building Services segment.
  • Consolidated net profit would have increased by 5.9% year-on-year to HK$119.2 million before provision for potential litigation liabilities, with the profit attributed to owners of the Company reported at HK$59.2 million.
  • -- Record-high contracts-in-hand amounted to HK$12.9 billion, up 8.8% year-on-year
    -- The consolidated net profit at HK$119.2 million before provision for potential litigation liabilities.
  • The Group's tendering activities remained active during the Period, with 675 tenders or quotations valued at over HK$1 million each.

Australia Elevators and Escalators Markets & Growth Forecast Report 2022-2028 Featuring Prominent Players - OTIS, Kone, Schindler, TK Elevator, Hitachi, & Mitsubishi Electric - ResearchAndMarkets.com

Retrieved on: 
Friday, August 19, 2022

The "Australia Elevators and Escalators - Market Size and Growth Forecast 2022-2028" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Australia Elevators and Escalators - Market Size and Growth Forecast 2022-2028" report has been added to ResearchAndMarkets.com's offering.
  • The Australian Government's Smart Cities Plan outlines the government's vision for cities and a strategy for maximizing their potential.
  • Directions 2031 is a high-level spatial framework and strategic plan that establishes a vision for the future growth of the metropolitan Perth and Peel region.
  • In 2020, the Australian government established Building 4.0 CRC as part of its cooperative research center initiative.

Global Elevators and Escalators Market Report 2022: Smart Elevators & Escalators Come to the Fore Offering New Level of Performance - ResearchAndMarkets.com

Retrieved on: 
Thursday, August 11, 2022

The "Elevators and Escalators - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Elevators and Escalators - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.
  • Rapid urbanization in developing regions, particularly in countries such as India, Nigeria, and Indonesia, is projected to add a steep increase in demand for elevators.
  • The elevators and escalators market is witnessing an increasing trend among manufacturers towards sustainability, and environmental preservation in sync with the rising demand for systems that are more eco-friendly, and produce less noise and harmful emissions.
  • Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2% and 2.6% respectively over the analysis period.

UK Elevators and Escalators Market Forecast Report 2022-2028 with Profiles of KONE, OTIS, Titan Elevators, Hyundai Elevator and Stannah Lifts Holdings - ResearchAndMarkets.com

Retrieved on: 
Monday, May 9, 2022

The UK elevators and escalators market is expected to grow at a CAGR of 4.7% during the forecast period.

Key Points: 
  • The UK elevators and escalators market is expected to grow at a CAGR of 4.7% during the forecast period.
  • The report considers the present scenario of the UK elevators & escalators market and market dynamics for 2022-2028.
  • Increasing population to boost urbanization trend which is further likely to surge elevators & escalators market in the UK.
  • UK Escalators Market Size and Forecast, Volume (Units), 2019-2028
    Hydraulic and Pneumatic , Market Size and Forecast, Volume (Units),2019-2028
    UK Escalators Market Size and Forecast, Volume (Units), 2019-2028

Global Elevators & Escalators Markets Report 2021-2022 & 2026 Featuring Major Manufacturers - Schindler, Otis Elevator, Thyssenkrupp AG, KONE, and Hitachi Ltd - ResearchAndMarkets.com

Retrieved on: 
Friday, March 25, 2022

The global elevators and escalators market is projected to grow from USD 134.4 billion in 2021 to USD 183.2 billion by 2026, at a CAGR of 6.4% from 2021 to 2026.

Key Points: 
  • The global elevators and escalators market is projected to grow from USD 134.4 billion in 2021 to USD 183.2 billion by 2026, at a CAGR of 6.4% from 2021 to 2026.
  • Machine-room-less traction elevator, by elevator technology, accounted for the largest market share in the elevators and escalators market.
  • Many countries in the region took steps to implement low-carbon and IoT-based smart cities in recent years, thereby offering opportunities for the growth of the elevators & escalators market.
  • The market comprises of major manufacturers, such as Schindler Group (Switzerland), Otis Elevator (US), Thyssenkrupp AG (Germany), KONE Corporation (Finland), and Hitachi Ltd. (Japan), among others.