News Tagged with "Financial"

May 9, 2019
financial

Reports First Quarter 2019 Financial Results

Strong Revenue Growth in All Areas, Notably Westport HPDI 2.0 Sales

Westport Fuel Systems Inc. reported financial results for the first quarter ended March 31, 2019 and provided an update on operations.

Find out more
April 30, 2019
financial

Westport Fuel Systems to Announce First Quarter Results on Thursday, May 9, 2019

Westport Fuel Systems Inc. announced today that it will disclose its financial results for the first quarter ended March 31, 2019 on Thursday, May 9, 2019 after market close.

Find out more
March 19, 2019
financial

Westport Fuel Systems Reports Fourth Quarter and Full Year 2018 Financial Results

Strong 2018 Financial Performance and Continued Growth in 2019

Westport Fuel Systems Inc. reported financial results for the fourth quarter and year ended December 31, 2018 and provided an update on operations.

Find out more
March 8, 2019
financial

Westport Fuel Systems to Announce Fourth Quarter and Fiscal 2018 Results on Tuesday, March 19, 2019

Westport Fuel Systems Inc. announced today that it will disclose its financial results for the fourth quarter and year ended December 31, 2018 on Tuesday, March 19, 2019 after market close.

Find out more
November 8, 2018
corporatefinancial

Westport Fuel Systems Reports Third Quarter Fiscal 2018 Financial Results

Delivers Positive Adjusted EBITDA, Updates Revenue Guidance

Westport Fuel Systems Inc. reported financial results for the third quarter ended September 30, 2018 and provided an update on operations.

Find out more
August 9, 2018
corporatefinancial

Westport Fuel Systems Reports Second Quarter Fiscal 2018 Financial Results

Delivers Positive Adjusted EBITDA

Westport Fuel Systems Inc. reported financial results for the second quarter ended June 30, 2018 and provided an update on operations.

Find out more
July 25, 2018
corporateagreementsfinancialcompressors

Westport Fuel Systems Completes Sale of CNG Compressor Business for 12.3 Million Euro

Westport Fuel Systems Inc. today announced that it has completed the sale of its compressed natural gas compressor business to Snam S.p.A., a leading European gas utility company, for total proceeds of 12.3 million Euro, net of a 500,000 Euro holdback to be released upon fulfillment of an independent audit process to be completed within 30 business days.

Find out more
May 17, 2018
CNGcompressorsfinancial

Westport Fuel Systems Announces Agreement to Sell CNG Compressor Business to Snam S.p.A. for 12.5 Million Euro

Revenue Guidance Adjusted to Reflect Sale

Westport Fuel Systems Inc. today announced that it has entered into an agreement to sell its compressed natural gascompressor business based in Cherasco, Italy to Snam S.p.A., a leading European gas utility company, for a cash purchase price of 12.5 million Euro, subject to certain customary adjustments and closing conditions.

Find out more
May 10, 2018
financial

Westport Fuel Systems Reports First Quarter Fiscal 2018 Financial Results

Performance on Track

Westport Fuel Systems Inc. reported financial results for the first quarter ended March 31, 2018 and provided an update on operations.

Find out more
May 9, 2018
financialcorporateboard members

Westport Fuel Systems Publishes 2018 Annual and Special Meeting of Shareholders Results

Westport Fuel Systems Inc. held its Annual and Special Meeting of Shareholders on Monday, May 7, 2018 in Toronto, Ontario.

Find out more

News Releases

August 6

Westport Fuel Systems Reports Second Quarter 2020 Financial Results

Westport Fuel Systems Inc. reported financial results for the second quarter ended June 30, 2020 and provided an update on operations.

August 4

Westport Fuel Systems Announces Supply Contract with NAFTAL

MTM to Supply LPG Systems to the Growing Algerian Market

July 24

Westport Fuel Systems Secures €15 Million Loan from UniCredit

Transaction to Bolster the Liquidity of MTM in Cherasco, Italy

July 24

Westport Fuel Systems Announces Refinancing of Convertible Notes with Cartesian Capital Group

Westport Fuel Systems today announced that it has has entered into an agreement for the refinancing of its convertible notes held by funds associated with Pangaea Two Management, LP and Cartesian Capital Group.

July 23

Westport Fuel Systems Secures US$10 Million Credit Facility from Export Development Canada

Westport Fuel Systems today announced that they have closed a US$10 million term credit facility from Export Development Canada to bolster liquidity during the COVID-19 pandemic.

Industry News

Published: March 26

Coronavirus Economic Fallout May Boost NGVs as Alternative Transportation

Natural gas vehicles (NGV) may get a boost as power markets and renewable equipment production are seen as potential casualties.

Published: March 16

Europe Increasingly Turns to CNG, LNG

The statistics not only show continuously growing sales of CNG and especially liquefied natural gas fueled vehicles, but also the growth of corresponding fueling infrastructure.

Published: March 12

Finnish heavy-duty transport expert Simeon: ”Gas is energy of the future”

Simeon’s gas-powered Volvo is used to transport gas for partners. Stenberg is pleased with the new tractor unit.

Our Brands