Shumerlya Special Vehicles Plant

Textron Reports Third Quarter 2023 Results; Raises Full-Year EPS Outlook

Retrieved on: 
Thursday, October 26, 2023
Chemicals, Plastics, Automotive Manufacturing, Other Energy, Insurance, Aerospace, Manufacturing, Finance, Other Transport, Energy, Professional Services, Air, Defense, Transport, Other Defense, Textron Aviation, System, Shumerlya Special Vehicles Plant, NYSE, Bell, Textron, GAAP, Research, Growth, Inc., Webcast, Specialization, Access code, Aviation, Video game, Drug, Internet service provider

"At Aviation, we saw our strongest order quarter of the year with a 12% increase over the third quarter of 2022."

Key Points: 
  • "At Aviation, we saw our strongest order quarter of the year with a 12% increase over the third quarter of 2022."
  • Textron Aviation delivered 39 jets in the quarter, flat with last year, and 38 commercial turboprops, up from 33 in last year's third quarter.
  • Revenues at Textron Systems were $309 million, up $17 million from last year's third quarter, largely reflecting higher volume.
  • Textron will host its conference call today, October 26, 2023 at 8:00 a.m. (Eastern) to discuss its results and outlook.

Textron Reports First Quarter 2023 Results

Retrieved on: 
Thursday, April 27, 2023
Other Professional Services, Chemicals, Plastics, Automotive Manufacturing, Aerospace, Manufacturing, Finance, Other Transport, Professional Services, Air, Defense, Transport, Other Defense, Contracts, Other Manufacturing, Bell, FLRAA, Inc., System, Aviation, GAAP, Research, Shumerlya Special Vehicles Plant, Textron Aviation, H-1, Specialization, Access code, Webcast, NYSE, Video game, Arms industry, Internet service provider, Textron

Textron Inc. (NYSE: TXT) today reported first quarter 2023 net income of $0.92 per share, as compared to $0.88 per share in the first quarter of 2022.

Key Points: 
  • Textron Inc. (NYSE: TXT) today reported first quarter 2023 net income of $0.92 per share, as compared to $0.88 per share in the first quarter of 2022.
  • “In the quarter, we saw revenue growth at Aviation, Industrial and Systems,” said Textron Chairman and CEO Scott C. Donnelly.
  • Textron Aviation delivered 35 jets in the quarter, down from 39 last year, and 34 commercial turboprops, up from 31 in last year's first quarter.
  • Textron will host its conference call today, April 27, 2023 at 8:00 a.m. (Eastern) to discuss its results and outlook.

Textron Reports Fourth Quarter 2022 Results; Announces 2023 Financial Outlook

Retrieved on: 
Wednesday, January 25, 2023
Contracts, Finance, Air, Transport, Chemicals, Plastics, Automotive Manufacturing, Professional Services, Aerospace, Manufacturing, Defense, Aircraft, Shumerlya Special Vehicles Plant, Textron, Investment, Specialization, Citation, Industrial, NYSE, Future Long-Range Assault Aircraft, Bell, H-1, GAAP, Webcast, Textron Aviation, System, Aviation, Research, Access code, Donnelly (surname), Growth, Inc., U.S. Army Corps of Engineers, Europe District, Video game, Airline, Pharmaceutical industry, Arms industry

For 2023, Textron will begin reporting earnings per share on an adjusted basis to exclude LIFO inventory provision and intangible amortization expense, both non-cash items, effective with the first quarter 2023 financial results.

Key Points: 
  • For 2023, Textron will begin reporting earnings per share on an adjusted basis to exclude LIFO inventory provision and intangible amortization expense, both non-cash items, effective with the first quarter 2023 financial results.
  • Revenues at Textron Systems were $314 million, compared to $313 million in last year's fourth quarter.
  • Finance segment revenues were $11 million, and profit was $5 million in the fourth quarter of 2022.
  • Textron will host its conference call today, January 25, 2023 at 8:00 a.m. (Eastern) to discuss its results and outlook.

Iveco Group announces Senior Leadership Team changes

Retrieved on: 
Thursday, December 1, 2022
ABB, Commercial vehicle, D, Trustee, Chair, Iveco, IDV, IVECO, University, Chartered Institute of Procurement & Supply, MBA, Lufthansa Group, Volvo Business Units, Siemens, Lagunilla, Lufthansa Cargo, CNH Industrial, Agriculture, University of Valladolid, FCA, Supply chain management, FPT Industries, ETH Zurich, Supply chain, Global sourcing, Commercial, Supervisory board, Shumerlya Special Vehicles Plant, Engineering, ASTRA, Construction, Management

Iveco Group N.V. (MI: IVG) today announces the appointment of Angela Qu as Chief Supply Chain Officer and ngel Rodrguez Lagunilla as Chief Manufacturing Officer, effective immediately.

Key Points: 
  • Iveco Group N.V. (MI: IVG) today announces the appointment of Angela Qu as Chief Supply Chain Officer and ngel Rodrguez Lagunilla as Chief Manufacturing Officer, effective immediately.
  • ngel Rodrguez Lagunilla has successfully led the Manufacturing organisation of Iveco Group since its inception.
  • In their new roles, Angela Qu and ngel Rodrguez Lagunilla join the Senior Leadership Team of Iveco Group.
  • Iveco Group employs approximately 34,000 people around the world and has 28 manufacturing plants and 29 R&D centres.