TI Fluid Systems revenues slip in Q1

17th May 2022 07:47

(Sharecast News) - Manufacturer TI Fluid Systems said on Tuesday that group revenues had slipped in the three months ended 31 March as continued disruptions to its supply chain, the Ukraine conflict, and Covid-19 related shutdowns in China all weighed on trading.

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TI Fluid Systems tumbles after Jefferies downgrade

7th Apr 2022 09:21

(Sharecast News) - TI Fluid Systems tumbled on Thursday after Jefferies downgraded the shares to 'hold' from 'buy' and slashed the price target to 195p from 350p.

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TI Fluid Systems grows FY revenue and operating profits

15th Mar 2022 07:04

(Sharecast News) - Automotive fluid systems manufacturer TI Fluid Systems said on Tuesday that full-year revenues and operating profits had improved year-on-year in 2021 as it managed to successfully navigate yet another "volatile year".

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TI Fluid sees annual revenue of €2.95bn; Chair to retire

25th Jan 2022 07:03

(Sharecast News) - Motor engineering firm TI Fluid Systems said it expected to post annual revenue of €2.95bn in a "robust performance" despite chip supply shortages.

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TI Fluid Systems slumps after Bain Capital sells 40m shares

11th Nov 2021 08:21

(Sharecast News) - TI Fluid Systems tumbled on Thursday after BC Omega - which is indirectly controlled by investment funds advised by Bain Capital - sold 40m shares in the company in a placing.

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TI Fluid Systems Q3 revenues dented by chip shortages, supply chain issues

4th Nov 2021 08:21

(Sharecast News) - TI Fluid Systems reported a drop in third-quarter revenues on Thursday amid chip shortages and supply chain issues.

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TI Fluid Systems makes several executive appointments

21st Sep 2021 14:23

(Sharecast News) - Automotive fluid technology company TI Fluid Systems announced three executive-level appointments on Tuesday, with Hans Dieltjens assuming the role of president and chief executive officer on 1 October.

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TI Fluid Systems confident in outlook after first-half growth

9th Aug 2021 07:34

(Sharecast News) - TI Fluid Systems reported a 32.7% improvement in revenue at constant currency in its first half on Monday, to €1.52bn (£1.29bn), as its adjusted EBIT rose to €127.8m, from €27.6m.

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Numis downgrades TI Fluid Systems, Spirax-Sarco

8th Jul 2021 11:05

(Sharecast News) - Numis downgraded TI Fluid Systems to 'add' from 'buy' on Thursday, while Spirax-Sarco Engineering was cut to 'hold' from 'add' as it took a look at the capital goods sector.

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TI Fluid Systems revenues up 9.7% in Q1

12th May 2021 09:15

(Sharecast News) - Automotive fluid storage systems manufacturer TI Fluid Systems said on Wednesday that it had achieved revenue of €787.0m during the first quarter, reflecting a 9.7% increase year-on-year.

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TI Fluid Systems slumps after Bain Capital places 52m shares

16th Apr 2021 08:12

(Sharecast News) - TI Fluid Systems slumped on Friday after its largest shareholder, Bain Capital, and outgoing chief executive Bill Kozyra placed 52.4m shares in the company via an accelerated bookbuild to institutional investors.

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UK new car registrations up 11.5%, 'grow' for first time since August

6th Apr 2021 08:51

(Sharecast News) - New car registrations in the UK recorded their first rise since August of 2020 last month with 283,964 new units sold.

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Deutsche Bank downgrades TI Fluid Systems on valuation grounds

17th Mar 2021 08:06

(Sharecast News) - TI Fluid Systems was under the cosh on Wednesday as Deutsche Bank downgraded the stock to 'hold' from 'buy' on valuation grounds, noting its strong run into 2021.

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TI Fluid Systems 'resilient' after revenues fall in 2020

16th Mar 2021 09:19

(Sharecast News) - Automotive fluid technology company TI Fluid Systems reported "resilience" in its results for 2020 on Tuesday, with revenue falling 15.9% at constant currency to €2.82bn (£2.43bn).

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TI Fluid CEO Bill Kozyra to step down

17th Feb 2021 07:59

(Sharecast News) - TI Fluid Systems' chief executive Bill Kozyra will step down later this year and hand over to company insider Hans Dieltjens.

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