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AMSTERDAM--(BUSINESS WIRE)--Prosus N.V. (Prosus) (AEX and JSE: PRX): The first half of the financial year has been very successful for the Group. We achieved a 26% increase in revenue, reaching US$3.0 billion in consolidated Ecommerce sales, and our adjusted EBIT for Ecommerce grew fivefold to US$181 million. We also celebrated the listing of Swiggy, which is valued at US$11.3 billion, and sold over US$2 billion in assets, including part of our Swiggy shares and our Trip.com investment.
Toronto, Ontario--(Newsfile Corp. - November 14, 2024) - Vertiqal Studios Corp. (TSX: VRTS) (OTCQB: VERTF) (FSE: 9PY0) ("the Company") - Vertiqal Studios, a prominent digital-channel network and video-production studio, which also owns North America's largest gaming and lifestyle network on social media, is excited to share its Q3 financial results, marking its first quarter with positive EBIT. Below is a summary of the financial performance for the three and nine months ending September 30, 2024, compared to the same periods in 2023.
TOLEDO, Ohio--(BUSINESS WIRE)--Owens Corning (NYSE: OC), a leader in building products for homes and businesses, has announced its results for the third quarter of 2024. The company reported net sales of $3.0 billion, which is a 23% increase from the previous year, with its newly acquired doors business contributing $573 million. They achieved a net earnings margin of 11%, an adjusted EBIT margin of 19%, and an adjusted EBITDA margin of 25%, resulting in a diluted EPS of $3.65 and an adjusted diluted EPS of $4.38, along with an operating cash flow of $699 million.
Management anticipates better H2 sales growth, driven by volume improvements in the USA and China. Margin expansion ahead, favored by qualitative backlog. Supportive financial fundamentals, coupled with a secular growth trend, make Air Liquide a buy. In addition, there is a valuation gap compared to its closest peer.
Amazon's Q3 EBIT guidance was lower than expected, but its EBIT is projected to grow by 18% YoY, which is quite strong given the firm's scale. Amazon's Q2 FY2024 results showed strong growth in AWS and advertising, with a notable 39% jump in GAAP EPS, despite a revenue miss. Wall Street's lowered forecasts create an opportunity for Amazon to exceed Q3 expectations, supported by robust FCF and margin expansion.
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