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Industrial Machinery & Equipment

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Teton Advisors reports 8.26 pct stake in Schmitt Industries

Friday, 20 Oct 2017

Oct 20 (Reuters) - Schmitt Industries Inc ::Teton Advisors Inc reports 8.26 percent stake in schmitt industries inc as of October 11 - sec filing.

ALTRA INDUSTRIAL MOTION CORP Q3 NON-GAAP EARNINGS PER SHARE $0.48

Friday, 20 Oct 2017

Oct 20 (Reuters) - Altra Industrial Motion Corp ::ALTRA REPORTS THIRD-QUARTER 2017 RESULTS.Q3 NON-GAAP EARNINGS PER SHARE $0.48.Q3 EARNINGS PER SHARE $0.46.Q3 SALES $214.6 MILLION VERSUS I/B/E/S VIEW $210.9 MILLION.Q3 EARNINGS PER SHARE VIEW $0.46 -- THOMSON REUTERS I/B/E/S.SEES FY 2017 NON-GAAP EARNINGS PER SHARE $2.00 TO $2.06.SEES FY 2017 GAAP EARNINGS PER SHARE $1.76 TO $1.82.SEES FY 2017 SALES $860 MILLION TO $870 MILLION.FY2017 EARNINGS PER SHARE VIEW $2.04, REVENUE VIEW $861.2 MILLION -- THOMSON REUTERS I/B/E/S.

SCH Group posts qtrly net profit of 635,000 RGT

Friday, 20 Oct 2017

Oct 20 (Reuters) - SCH Group Bhd :Qtrly revenue 12.4 million RGT versus 7.99 million RGT a year ago ‍​.Qtrly net profit 635,000 RGT versus loss of 412,000 RGT ‍​ ‍​.

Precision engineering group Renishaw's Q1 revenue jumps 26 pct

Friday, 20 Oct 2017

Oct 20 (Reuters) - Renishaw Plc :Q1 REVENUE FROM CONTINUING OPERATIONS ROSE 26 PERCENT TO 142.3 MILLION STG.‍REMAINS CONFIDENT IN FUTURE PROSPECTS AND OF ACHIEVING GOOD GROWTH IN BOTH REVENUE AND PROFIT IN THIS FINANCIAL YEAR​.‍Q1 ADJUSTED PROFIT BEFORE TAX 35.8 MLN STG VERSUS 15.1 MLN STG IN Q1 2016​.‍REVENUE BENEFITED DUE TO A NUMBER OF LARGE ORDERS FROM FAR EAST CUSTOMERS IN CONSUMER ELECTRONICS MARKETS​.

Uutechnic Group revises its guidance for 2017

Friday, 20 Oct 2017

Oct 20 (Reuters) - PLC UUTECHNIC GROUP OYJ ::REG-UUTECHNIC GROUP REVISES ITS GUIDANCE FOR 2017.REG-UUTECHNIC GROUP REVISES ITS GUIDANCE FOR 2017.‍EXPECTS ITS REVENUE TO BE LOWER THAN IN 2016 AND OPERATING PROFIT TO BE NEGATIVE​.‍REVISED OUTLOOK DUE JAPROTEK'S ONGOING COMPENSATION PROCESS ​.EXPECTS THAT COMPENSATION SHALL MOST PROBABLY BE PAID AFTER END OF CURRENT FISCAL PERIOD​.

Arcam posts deeper Q3 operating loss

Friday, 20 Oct 2017

Oct 20 (Reuters) - Arcam :Q3 ‍net sales increased to 168.4 (132.6) MSEK​.Q3 ‍operating income amounted to -34.8 (-4.8) MSEK.Q3 ‍order intake increased to 15 (9) systems.10 (7) EBM systems were delivered.Says deliveries in Q3 were lower than the first half of the year due to logistical challenges on systems for customers in Asia.Says we expect to resolve those issues in Q4.Says demand for EBM systems is driven by the increasing interest for Additive Manufacturing from the orthopedic industry and by the aerospace industry that is now moving into production.Says however, the customers, especially on the aerospace side, are hesitant launching new manufacturing projects​.

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