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During the quarter the company reviewed the contracts in its backlog and lowered the balance by USD 558 million to reflect the cumulative effect of estimated scope and study delivery requirements, including trials that have become inactive. Backlog, as adjusted, stood at USD 7,316 …
Rail North America reported segment profit of USD 121.3 million, up from USD 70.7 million, on higherLeaserevenue, greater management feeRevenuefrom the Brookfield-owned finance lease portfolio, and larger disposition gains, partly offset by higher interest,Depreciationand maintenance expenses. Fleet utilization rose to 98.4% from 98.0% in …
Television broadcasting operating income climbed 81% to USD 48.5 million on revenue of USD 125.3 million, with political advertising up USD 29.3 million and retransmission revenue down USD 1.4 million. Healthcare revenue rose 25% to USD 260.3 million, led by a 35% increase at …
Chief Executive Officer Olivier Rabiller said sales outperformed light vehicle industry production while commercial vehicle and industrial sales grew 23%. Adjusted EBIT of USD 152 million rose USD 19 million, helped by favorable product mix and USD 13 million of better operating performance, despite …
Gross profit rose USD 75 million to USD 336 million. Construction segment revenue increased 26.8% to USD 1.47 billion, with growth of about 20% excluding acquisitions, andGross Profitclimbed 42.6% to USD 274.3 million at an 18.6%Marginversus 16.5%. Materials segment revenue grew 7.9% to USD …
Net income attributable to the company was USD 58 million, a USD 107 million improvement from a loss of USD 49 million. The improvement came from higher net fee revenues, other income, betterEquityresults from unconsolidated ventures and lower interest expense, partly offset by higher …
The comparison is distorted by accounting timing. The company received a certificate of occupancy for its Ka Haku project, which triggered a net recognition of USD 536 million of previously deferred contract sales, set against a net deferral of USD 99 million a year …
President and Chief Executive Officer Chris Kastner called it a record third quarter for sales and described an unprecedented quarter for awards, led by Block VI Virginia class and two Columbia class submarine build contracts, plus long lead materials for the CVN-82 aircraft carrier.
Gross written premium reached USD 498.1 million from USD 311.2 million, and net written premium rose to USD 149.1 million from USD 117.9 million. NetEarned Premiumgrew 29% to USD 128.3 million, driven by commercial multi-peril, up 88% to USD 25.9 million, and casualty, up …
The year over year decline in profit mainly reflects the prior year quarter, when the financial services arm sold most of its securitization beneficial interests and retail finance receivables, which produced a benefit in that quarter. Financial services revenue was USD 110.8 million versus …
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