C&E

Mitsubishi Heavy Industries Delivers Large YoY Increases to Order Intake, Revenue, and Profit in Remarkable First Half, Raises FY2023 Order Intake Guidance

Retrieved on: 
Monday, November 6, 2023
Heat, Yoy, Commercial aviation, International Aero Engines, EBITDA, P&I, Ventilation, Growth, LT, Quattro (four-wheel-drive system), Risk, TSE, ADS, Thermal, Depreciation, HVAC, MHI, Boeing Defense, Space & Security, C&E, Uncertainty, Airline, Retail, Engineering, Energy, Aircraft, GTCC, Defense

- Raised full-year FY2023 order intake forecast by YEN1 trillion to reflect strength in GTCC and Defense & Space businesses.

Key Points: 
  • - Raised full-year FY2023 order intake forecast by YEN1 trillion to reflect strength in GTCC and Defense & Space businesses.
  • TOKYO, Nov 6, 2023 - (JCN Newswire) - Mitsubishi Heavy Industries (MHI, TSE Code: 7011) announced that order intake rose 55.4% year-over-year to YEN3,137.0 billion in the half-year ended September 30, 2023.
  • Profit attributable to owners of parent (net income) was YEN91.9 billion, an increase of 69.8% year-over-year, with a profit margin of 4.4%.
  • LT&D saw large YoY increases in order intake and revenue, at YEN71.9 billion and YEN69.9 billion, respectively.

Proponent Becomes AMP's First Supplier Alliances Platinum Partner

Retrieved on: 
Tuesday, October 5, 2021
Marketing, Supplier, Logistics Proponency Office, Solution, MRO, Original equipment manufacturer, SMART, Consumables, CA, Indian MRO Industry, Technology, Automation, AMP, Time, Platinum Partners, C&E, Industry, GLOBE, Airline, Electric motor

The AMP Supplier Alliances Program provides customers with unparalleled inventory access and best-in-class service. It achieves this by strengthening and leveraging strategic partnerships with suppliers to create meaningful and competitive business opportunities to reach buyers--and results in significant operational wins for all stakeholders.

Key Points: 
  • The AMP Supplier Alliances Program provides customers with unparalleled inventory access and best-in-class service.
  • Proponent is a proven early adopter of automation and shares these values as well as our hyper-focus on customer satisfaction.
  • We're delighted to have them as our first Platinum supplier."
  • Jeff Nixon, Chief Commercial Officer for Proponent, shared,"We are thrilled to be the first Platinum-level partner chosen by AMP.