Rheinmetall lowered its 2026 revenue forecast by 300 million euros following the cancellation of a major German government warship order. Despite this setback, the defense company reported a 39% increase in sales and a 74% rise in profits in the first half of 2024, driven by strong demand for military vehicles, ammunition, and air-defense systems. The company recently expanded into naval vessels with a new acquisition but faces investor concerns about its ability to meet growing order demands amid industry delays. The guidance cut highlights the risks of government contract changes despite overall strong growth in the European defense sector since Russia's invasion of Ukraine.
Japanese software firm Micware, through its subsidiary Micware Navigations, has partnered with Wiz Ltd. to offer cloud and AI security solutions leveraging Wiz's platform. This initiative addresses growing security complexities in AI and cloud enviro...
Pandora announced that CFO Anders Boyer will retire on November 30, 2026, after over 14 years with the company. Paulo Garcia, with 25 years of international experience in consumer goods and former CFO of Walmart Mexico & Central America, will join Pa...
RENK Group AG reported a record order intake of around €1.2 billion in the first half of 2026, a 29.7% increase from the previous year, driven by strong demand in defense. Revenue rose slightly by 2.7% to €637.2 million, while adjusted EBIT grew by 1...
RENK Group AG reported a record €1.2 billion in orders for the first half of 2026, a 29.7% increase from the previous year, driven by strong demand in defense. The company achieved its highest-ever quarterly order intake of €612.8 million in Q2, with...
Mowi ASA will present its second quarter 2026 financial results on August 18, 2026, at 08:00 CET in Oslo, Norway. The presentation will be conducted in English and streamed live online, followed by a Q&A session allowing participants to submit questi...
