logo
FINANCIAL ADVISORY & RESTRUCTURING EXPERT ANDREW COWIE JOINS PALADIN MANAGEMENT AS MANAGING DIRECTOR

FINANCIAL ADVISORY & RESTRUCTURING EXPERT ANDREW COWIE JOINS PALADIN MANAGEMENT AS MANAGING DIRECTOR

Yahoo29-05-2025
Cowie draws on 25+ years of experience in complex financial matters to help organizations unlock value and navigate critical transitions
NEW YORK, May 29, 2025 /PRNewswire/ -- Paladin Management, a middle-market advisory firm driving value creation through financial, strategic and operational consulting services, is pleased to announce that Andrew Cowie has joined the firm as Managing Director. Based in New York, Cowie will serve Paladin clients globally.
"Andrew brings deep expertise to his role at Paladin, providing senior-level advice, innovative solutions, and tailored strategies to clients navigating complex situations," said Scott Avila, Founder of Paladin. "He also excels at building consensus, aligning stakeholders, and crafting strategic plans that drive value - qualities our clients rely on when facing turnarounds, bankruptcy, and complicated stakeholder dynamics."
Andrew is a seasoned professional with more than 25 years of experience providing in and out-of-court financial restructuring advisory and crisis management services to clients. He has worked across a broad range of industries including entertainment and media, retail and consumer, and infrastructure and energy in providing value added leadership to address complex business challenges.
"The firm's reputation for making smart moves under pressure and staying focused on maximizing outcomes is what drew me to join Scott and the Paladin team," said Andrew Cowie. "Paladin's collaborative, hands-on approach aligns perfectly with my belief in closely partnering with stakeholders, to deliver practical solutions with sustainable results."
Prior to joining Paladin, Cowie held senior positions at Berkeley Research Group (BRG), Capstone Advisory Group, and FTI Consulting, advising clients in a range of distressed situations.
Cowie holds a B.A. in Economics from Western University and an MBA from York University, Schulich School of Business. He is a Certified Public Accountant (CPA), a Certified Insolvency & Restructuring Advisor (CIRA) and a Chartered Financial Analyst (CFA).
About Paladin Management
Founded in 2019, Paladin Management provides a range of middle-market services across restructuring, transaction advisory, performance improvement, strategic communications and strategic advisory. The firm has offices in New York, Chicago, Dallas, Houston and Los Angeles.
For more information on Paladin, visit http://www.paladinmgmt.com/.
Media ContactTisha Kreslerpress@paladinmgmt.com
View original content to download multimedia:https://www.prnewswire.com/news-releases/financial-advisory--restructuring-expert-andrew-cowie-joins-paladin-management-as-managing-director-302468558.html
SOURCE Paladin
Fehler beim Abrufen der Daten
Melden Sie sich an, um Ihr Portfolio aufzurufen.
Fehler beim Abrufen der Daten
Fehler beim Abrufen der Daten
Fehler beim Abrufen der Daten
Fehler beim Abrufen der Daten
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Technical Textiles Market worth $324.83 billion in 2030 - Exclusive Report by MarketsandMarkets™
Technical Textiles Market worth $324.83 billion in 2030 - Exclusive Report by MarketsandMarkets™

Yahoo

time2 hours ago

  • Yahoo

Technical Textiles Market worth $324.83 billion in 2030 - Exclusive Report by MarketsandMarkets™

DELRAY BEACH, Fla., July 15, 2025 /PRNewswire/ -- The report "Technical Textiles Market by Material (Natural Fiber, Synthetic Polymer, Metal, Mineral, Regenerated Fiber), Process (Woven, Knitted, Non-woven), Application (MobilTech, InduTech, SporTech, BuildTech, HomeTech, ClothTech, MediTech, AgroTech, ProTech, PackTech, OekoTech, GeoTech), and Region – Global Forecast to 2030", technical textile market is expected to reach USD 324.83 billion in 2030 from USD 247.06 billion in 2025, at a CAGR of 5.6% from 2025 to 2030. Browse in-depth TOC on "Technical Textiles Market" 352 – Tables34 – Figures261 – Pages Download PDF Brochure: The global demand for technical textiles is on the rise, driven by their enhanced functional properties and a widening array of applications across various industries. Unlike conventional textiles, technical textiles are meticulously engineered for optimal performance, exhibiting key characteristics such as strength, durability, thermal resistance, chemical resistance, and moisture management. These attributes render them indispensable in sectors and industries such as automotive, construction, healthcare, agriculture, defense, and sports. The growing focus on safety and hygiene is propelling the demand for products such as personal protective equipment (PPE), medical textiles, and filtration materials. Concurrently, increased industrialization and infrastructure development—particularly in emerging economies—are amplifying the need for geotextiles, insulation fabrics, and reinforcement materials. Technological advancements, such as the emergence of smart textiles and sustainable fibers, are further broadening the scope and enhancing the efficiency of technical textiles. Additionally, government initiatives that promote industrial growth, safety standards, and environmental protection are significantly contributing to market expansion. As industries increasingly seek innovative, cost-effective, and high-performance materials, technical textiles are establishing a more prominent position in global markets. Technical textiles are mainly used in MediTech, AgroTech, BuildTech, MobilTech, ClothTech, OekoTech, GeoTech, PackTech, HomeTech, ProTech, InduTech, SporTech, and other applications. They are made of natural fiber, synthetic polymer, mineral, metal, and regenerated fiber. Natural fiber segment to register highest CAGR in terms of value during forecast period Natural fibers have rapidly become the leading materials in the technical textiles market, driven by a global commitment to sustainability, heightened environmental awareness, and a growing preference for biodegradable and renewable options. As industries recognize the adverse impact of synthetic fibers, there is a marked shift towards natural alternatives such as cotton, jute, flax, hemp, and coir. These materials present significant advantages, including a lower carbon footprint, recyclability, and decreased reliance on fossil fuels. Recent technological advancements have further improved the functional performance of natural fibers, enabling them to conform to the stringent requirements for strength, durability, and resistance in various technical textile applications. Key sectors such as agriculture, packaging, construction, and automotive are increasingly adopting natural fiber-based textiles as part of their environmentally sustainable initiatives. Additionally, supportive government policies and an evolving consumer preference for green and sustainable products are reinforcing this growth trajectory. As industries increasingly embrace circular economy practices, natural fibers are positioned as a preferred choice, substantially driving their expansion within the technical textiles market. Request Sample Pages: Non-woven segment to exhibit highest CAGR in terms of value during forecast period The non-woven process segment represents the most rapidly expanding area within the technical textiles market, primarily attributed to its versatility, cost-effectiveness, and adaptability for various high-performance applications. Non-woven textiles are produced through a combination of mechanical, thermal, or chemical processes, circumventing the traditional methods of weaving or knitting. This production method allows for swift manufacturing and the customization of functional properties such as absorbency, filtration, durability, and barrier protection. As a result, non-woven textiles are particularly well-suited for sectors including healthcare (notably in the production of surgical masks, gowns, and wipes), hygiene (such as diapers and sanitary products), agriculture, automotive, and construction. The onset of the COVID-19 pandemic significantly intensified the demand for disposable medical and hygiene items, underscoring the critical role of non-woven fabrics in these contexts. Moreover, ongoing advancements in biodegradable and recyclable non-woven materials are in line with increasing environmental awareness and sustainability objectives. The capacity for customization and the incorporation of smart functionalities further elevate their market potential. As industries increasingly prioritize efficiency, safety, and environmental stewardship, non-woven processes are positioned to become a foundational element of technical textile production. OekoTech segment to record highest CAGR in terms of value during forecast period The OekoTech application has emerged as a leading growth segment within the technical textiles market, driven by an increasing global focus on sustainability, pollution mitigation, and eco-friendly innovations. This category encompasses textiles utilized in various environmental protection applications, including filtration systems, erosion control, waste management, air and water purification, and noise attenuation. As environmental regulations become more stringent across multiple sectors, the demand for efficient, durable, and environmentally safe materials has surged. OekoTech textiles are particularly advantageous for industrial filtration systems, geotextiles in sustainable construction practices, and non-woven barriers employed in environmental restoration efforts. The escalating concerns regarding climate change, urban pollution, and industrial waste management are prompting both public and private sectors to embrace greener technologies. Furthermore, advancements in biodegradable and recyclable technical textiles are facilitating the transition toward a circular economy. These factors position OekoTech as one of the most rapidly expanding segments within the technical textiles landscape. Request Customization: Asia Pacific to register highest CAGR in terms of value and volume during forecast period Asia Pacific has emerged as the fastest-growing market for technical textiles, driven by rapid industrialization, urbanization, and significant investments in infrastructure and manufacturing across key countries such as China, India, Japan, and South Korea. This region benefits from a large and cost-effective labor force, abundant raw materials, and supportive government initiatives that foster the development of textile and industrial sectors. Heightened awareness of the advantages of technical textiles, combined with increasing demand from various industries—including automotive, construction, agriculture, healthcare, and packaging—is propelling market growth. The escalating need for personal protective equipment (PPE), particularly following recent health crises, has notably intensified demand for high-performance textiles in the region. Technological advancements, the expansion of domestic production capacities, and a rise in exports are additional factors contributing to this growth trajectory. As the Asia Pacific region continues to solidify its status as a global manufacturing hub, its influence within the technical textiles market is poised for rapid expansion. Key players Prominent companies include Asahi Kasei Corporation (Japan), DuPont (US), Freudenberg Performance Materials (Germany), Berry Global Inc. (US), KCWW (US), 3M (US), Ahlstrom (Finland), TORAY INDUSTRIES, INC. (Japan), Mitsui Chemicals, Inc. (Japan), Milliken (US), Toyobo Textile Co., Ltd. (Japan), SRF Limited (India), TenCate Protective (Netherlands), W. Ball & Son Limited (UK), HUESKER (Germany), SKAPS Industries (US), Delcotex (Germany), Officine Maccaferri S.p.A. (Italy), Arrow Technical Textiles Pvt. Ltd. (India), Johns Manville (US), Duvaltex (Canada), Heathcoat Fabrics Limited (UK), Khosla Profil Pvt. Ltd. (India), Nikol Advanced Materials Pvt. Ltd. (India), and Nobletex Industries Ltd. (India). Get access to the latest updates on Technical Textiles Companies and Technical Textiles Market Size Browse Adjacent Market: Yarns, Fabric and Textile Market Research Reports & Consulting Related Reports: Textile Chemicals Market - Global Forecast to 2026 Silicone Market - Global Forecast to 2029 Steel Rebar Market - Global Forecast to 2030 Water Reuse Market - Global Forecast to 2028 Cross Laminated Timber Market - Global Forecast to 2028 About MarketsandMarkets™ MarketsandMarkets™ has been recognized as one of America's Best Management Consulting Firms by Forbes, as per their recent report. MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. With the widest lens on emerging technologies, we are proficient in co-creating supernormal growth for clients across the globe. Today, 80% of Fortune 2000 companies rely on MarketsandMarkets, and 90 of the top 100 companies in each sector trust us to accelerate their revenue growth. With a global clientele of over 13,000 organizations, we help businesses thrive in a disruptive ecosystem. The B2B economy is witnessing the emergence of $25 trillion in new revenue streams that are replacing existing ones within this decade. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines – TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing. Built on the 'GIVE Growth' principle, we collaborate with several Forbes Global 2000 B2B companies to keep them future-ready. Our insights and strategies are powered by industry experts, cutting-edge AI, and our Market Intelligence Cloud, KnowledgeStore™, which integrates research and provides ecosystem-wide visibility into revenue shifts. To find out more, visit or follow us on Twitter , LinkedIn and Facebook. Contact:Mr. Rohan SalgarkarMarketsandMarkets™ INC.1615 South Congress 103, Delray Beach, FL 33445USA: +1-888-600-6441Email: sales@ Our Website: Logo: View original content to download multimedia: SOURCE MarketsandMarkets 擷取數據時發生錯誤 登入存取你的投資組合 擷取數據時發生錯誤 擷取數據時發生錯誤 擷取數據時發生錯誤 擷取數據時發生錯誤

SmartestEnergy Teams Up with Cognizant to Transform Its Employee IT Support Services
SmartestEnergy Teams Up with Cognizant to Transform Its Employee IT Support Services

Yahoo

time4 hours ago

  • Yahoo

SmartestEnergy Teams Up with Cognizant to Transform Its Employee IT Support Services

Collaboration aims to bolster the renewable energy company's people-centred approach, elevating the employee experience and fostering operational efficiency LONDON, July 15, 2025 /PRNewswire/ -- Cognizant (Nasdaq: CTSH) has today announced a collaboration with SmartestEnergy, the energy company helping Britain's businesses navigate the energy transition, to transform its employee support services and enable scalable growth through a seamless omni-channel experience. As part of the alliance, Cognizant will transform the first and second-line IT support functions of SmartestEnergy's internal helpdesk. This initiative is designed to enhance the employee experience, accelerate service responsiveness, and implement a shift-left strategy to improve issue resolution. Through the omni-channel approach, Cognizant aims to help SmartestEnergy increase chat channel adoption and streamline service request processes to speed up support turnaround times, improve the CSAT response rate, and decrease the user-to-ticket ratio. By reducing support backlogs and implementing zero-touch device provisioning and management capabilities, the collaboration focuses on boosting the productivity of employees and freeing support staff to focus on more complex issues. Additionally, Cognizant will conduct a comprehensive study of SmartestEnergy's current business and technology footprint to explore how Gen AI solutions, including User AI and Voice AI, could be implemented into the business's operations to accelerate information discovery and optimise decision-making aligned with its strategic priorities and policies. "SmartestEnergy has selected Cognizant to transform our employee support services due to the team's commitment to helping us realise our people-powered mission," said Claire Talbot, Global VP of IT at SmartestEnergy. "We are in a position of growth as we celebrate our 25th anniversary in the UK this year, but our plans for global expansion in the US, Australia, and into further European geographies require having the right strategic partner in place." "This collaboration with Cognizant will help us provide our employees with the tools they need to manage internal customer requests more effectively, so they can continue to play a vital role in ensuring our customers can navigate the energy transition towards net zero with confidence and clarity." "SmartestEnergy is a forward-thinking leader in the renewable energy space, and we're proud to support its mission to drive the net zero transition," said Rohit Gupta, UK&I Managing Director at Cognizant. "We look forward to enabling SmartestEnergy's strategic programmes and improving its IT operations and employee support capabilities as part of this initiative." About SmartestEnergy SmartestEnergy is a people-powered energy company, empowering customers, generators, and partners to get to net zero. We know the journey to 100% renewable energy is complex, because everyone is at different stages with unique needs. That's why our model is flexible, and our innovative retail and trading solutions are realistic. As a growing community, we can make the system fairer and more powerful. We can better show the realities and rewards of switching from fossil fuels to clean energy. Connect generators to customer demand. Accelerate the market. Create jobs. And champion greener, smarter energy for generations. SmartestEnergy, empowering a greener generation. About Cognizant Cognizant (Nasdaq-100: CTSH) engineers modern businesses. We help our clients modernize technology, reimagine processes and transform experiences so they can stay ahead in our fast-changing world. Together, we're improving everyday how at or @cognizant. For more information, contact: GlobalPR@ View original content to download multimedia: SOURCE Cognizant Technology Solutions Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

Ericsson reports second quarter results 2025
Ericsson reports second quarter results 2025

Yahoo

time8 hours ago

  • Yahoo

Ericsson reports second quarter results 2025

STOCKHOLM, July 15, 2025 /PRNewswire/ -- Strategic highlights – solid strategic and operational execution Operational excellence led to a 48% adjusted[1] gross margin and a three-year high in adjusted[1] EBITA margin. Solid strategic execution in Cloud Software and Services delivered strong segment adjusted[1] EBITA. Strong progress in IPR licensing; further opportunities to increase IPR revenues remain. Financial highlights – improved contribution from all segments Sales grew by 2%*, driven by market area Americas and IPR licensing, partly offset by declines in other market areas, with investments in India on hold. Reported sales were SEK 56.1 (59.8) b., with a SEK -4.7 b. FX impact. Adjusted[1] gross income increased to SEK 27.0 (26.3) b. driven by strong operational execution and higher IPR licensing revenues, benefiting from a settlement. Reported gross income was SEK 26.6 (25.8) b. Adjusted[1] gross margin was 48.0% (43.9%) supported by improvements in all segments, despite currency headwinds. Reported gross margin was 47.5% (43.1%). Adjusted[1] EBITA was SEK 7.4 (4.1) b. with a 13.2% (6.8%) margin, benefiting from higher gross income and lower operating expenses. Reported EBITA was SEK 6.8 (2.4) b. with a 12.0% (4.1%) margin. Net income was SEK 4.6 (-11.0) b. EPS diluted was SEK 1.37 (-3.34). Net income in 2024 was impacted by a SEK -11.4 b. impairment charge. Free cash flow before M&A was SEK 2.6 (7.6) b. Q2 2024 benefited from strong working capital release. Börje Ekholm, President and CEO, said: "Our Q2 results demonstrate solid execution of our strategic and operational priorities. We achieved a three-year high in adjusted EBITA margin, supported by continued efficiency actions. We have structurally lowered our cost base and are strongly focused on delivering further efficiencies. It is encouraging that Americas' growth continues, and that Europe has stabilized. Global fixed wireless access (FWA) customers have now surpassed 160 million and are driving significant network traffic. Penetration of 5G standalone is still limited but is needed to fully support AI use cases at the edge, requiring ultra-low latency and enhanced uplink performance. Looking ahead, we are increasing AI investments, including in our Sweden AI factory consortium. AI is key to accelerating innovation, as well as driving internal operational efficiencies. The ecosystem for network APIs continues to grow, and Aduna expanded its Network API reach to all three major service providers in Japan." SEK b. Q2 2025 Q22024 YoY change Q12025 QoQchange Jan-Jun2025 Jan-Jun2024 YoYchange Net sales 56.132 59.848 -6 % 55.025 2 % 111.157 113.173 -2 % Organic sales growth *[2] - - 2 % - - - - 1 % Gross income 26.649 25.815 3 % 26.537 0 % 53.186 48.473 10 % Gross margin[2] 47.5 % 43.1 % - 48.2 % - 47.8 % 42.8 % - EBIT (loss) 6.391 -13.519 - 5.931 8 % 12.322 -9.419 - EBIT margin[2] 11.4 % -22.6 % - 10.8 % - 11.1 % -8.3 % - EBITA[2] 6.763 2.426 179 % 6.652 2 % 13.415 7.319 83 % EBITA margin[2] 12.0 % 4.1 % - 12.1 % - 12.1 % 6.5 % - Net income (loss) 4.626 -10.999 - 4.217 10 % 8.843 -8.386 - EPS diluted, SEK 1.37 -3.34 - 1.24 10 % 2.61 -2.57 - Free cash flow before M&A[2] 2.581 7.595 -66 % 2.704 -5 % 5.285 11.266 -53 % Net cash, end of period[2] 36.040 13.133 174 % 38.647 -7 % 36.040 13.133 174 % Adjusted financial measures[1][2] Adjusted gross income 26.959 26.281 3 % 26.695 1 % 53.654 49.061 9 % Adjusted gross margin 48.0 % 43.9 % - 48.5 % - 48.3 % 43.4 % - Adjusted EBIT (loss) 7.047 -11.891 - 6.212 13 % 13.259 -7.586 - Adjusted EBIT margin 12.6 % -19.9 % - 11.3 % - 11.9 % -6.7 % - Adjusted EBITA 7.419 4.054 83 % 6.933 7 % 14.352 9.152 57 % Adjusted EBITA margin 13.2 % 6.8 % - 12.6 % - 12.9 % 8.1 % - *Sales adjusted for the impact of acquisitions and divestments and effects of foreign currency fluctuations. [1] Adjusted metrics are adjusted to exclude restructuring charges. [2] Non-IFRS financial measures are reconciled at the end of this report to the most directly reconcilable line items in the financial statement. NOTES TO EDITORS You find the complete report with tables in the attached PDF or on Video webcast for analysts, investors and journalists President and CEO Börje Ekholm and CFO Lars Sandström will comment on the report and take questions at a video webcast at 9:00 AM CEST (8:00 AM BST London, 3:00 AM EDT New York). Join the webcast or please go to To ask a question: Access dial-in information here The webcast will be available on-demand after the event and can be viewed at FOR FURTHER INFORMATION, PLEASE CONTACT Contact person Daniel Morris, Head of Investor Relations Phone: +44 7386657217 E-mail: Additional contacts Stella Medlicott, Senior Vice President, Marketing and Corporate Relations Phone: +46 730 95 65 39 E-mail: Investors Lena Häggblom, Director, Investor Relations Phone: +46 72 593 27 78 E-mail: Alan Ganson, Director, Investor Relations Phone: +46 70 267 27 30 E-mail: Media Ralf Bagner, Head of Media Relations Phone: +46 76 128 47 89 E-mail: Media relations Phone: +46 10 719 69 92 E-mail: This is information that Telefonaktiebolaget LM Ericsson is obliged to make public pursuant to the EU Market Abuse Regulation and the Swedish Securities Markets Act. The information was submitted for publication, through the agency of the contact person set out above, at 07:00 AM CEST on July 15, 2025. This information was brought to you by Cision The following files are available for download: Ericsson reports second quarter results 2025 Ericsson Q2 2025 tables View original content: Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store