Shares of Plug Power (NASDAQ: PLUG) surged in May after the company announced that it had received a conditional commitment for a $1.66 billion loan from the U.S. Department of Energy (DOE). However, the stock is now well below where it was before the announcement, and one U.S. senator has called the loan into question.
Nilfisk Holding A/S Nilfisk, a leading global provider of professional cleaning products and services, reported its Q1 2024 results today with solid organic growth and gross margin increase. Revenue was 259.0 mEUR, up 2.6 mEUR compared with Q1 2023. Organic growth for Q1 2024 was 3.7%. The EBITDA margin before special items (bsi) was
Net Sales: Decreased by 9.2% in Q4 and 16.0% for the full year. Gross Margin: Improved by 192 basis points in Q4, despite a full-year decline of 3 basis points. Operating Income: Increased by 1.6% in Q4 but decreased by 32.3% for the full year. Net Income: Q4 net income rose to $2.9 million from