News Tagged with "Financial"

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.

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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.

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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.

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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.

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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.

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May 8, 2018
financial

Westport Fuel Systems to Announce First Quarter Results on Friday, May 11, 2018

Westport Fuel Systems Inc. announced today that it will disclose its financial results for the first quarter ended March 31, 2018 on Friday, May 11, 2018 before market open. To coincide with the disclosure, Westport Fuel Systems has also scheduled a conference call for Friday, May 11, 2018 at 8:30 am Eastern Time.

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March 22, 2018
financial

Westport Fuel Systems Reports Fourth Quarter and Fiscal 2017 Financial Results

Transformative Year: Well Positioned for 2018 with Market-Ready Solutions

Westport Fuel Systems Inc. reported financial results for the fourth quarter and year ended December 31, 2017 and provided an update on operations.

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March 21, 2018
financial

Westport Fuel Systems to Announce Fourth Quarter and Fiscal 2017 Results on Friday, March 23, 2018

Westport Fuel Systems Inc. announced today that it will disclose its financial results for the fourth quarter and year ended December 31, 2017 on Friday, March 23, 2018 before market open. To coincide with the disclosure, Westport Fuel Systems has also scheduled a conference call for Friday, March 23, 2018 at 8:30am Eastern Time (5:30am Pacific Time).

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December 21, 2017
financialcorporate

Westport Fuel Systems Signs US$20 Million Loan Agreement from Export Development Canada

Bolsters Liquidity and Supports Westport™ HPDI 2.0 Launch Activities

Westport Fuel Systems Inc.and Export Development Canada announced today that they have signed a US$20 million secured term loan agreement to support the commercial launch of the Westport High Pressure Direct Injection 2.0 program.

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November 14, 2017
financialcorporate

Westport Fuel Systems Reports Third Quarter 2017 Financial Results

Order Fulfillment of Westport™ HPDI 2.0 + Strengthened Balance Sheet

Westport Fuel Systems Inc.reported financial results for the third quarter ended September 30, 2017, and provided an update on operations.

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News Releases

June 4

Westport Fuel Systems Reports First Quarter 2020 Financial Results

Westport Fuel Systems Inc. reported financial results for the first quarter ended March 31, 2020 and provided an update on operations.

May 28

Westport Fuel Systems Secures €5 Million Loan from UniCredit

Transaction to Strengthen the Liquidity of Emer S.p.A. in Brescia, Italy

May 26

Westport Fuel Systems Awarded GASTEC Tender

BRC to Supply Systems to the Growing Egyptian Market

April 30

Westport Fuel Systems Publishes 2020 Annual and Special Meeting of Shareholders Results

Shareholders approved all resolutions presented at the Meeting.

April 29

Westport Fuel Systems to Announce First Quarter Results on Thursday, June 4, 2020

Westport Fuel Systems has also scheduled a conference call for Friday, June 5, 2020 at 10:30am ET (7:30am PT)

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.

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