Latest news with #Sanlorenzo
Associated Press
07-07-2025
- Automotive
- Associated Press
UniBoAT – University of Bologna crowned overall winner at the Monaco Energy Boat Challenge
MONACO, July 07, 2025 (GLOBE NEWSWIRE) -- After four intense days, the Yacht Club de Monaco concluded the 12th edition of the Monaco Energy Boat Challenge. Uniboat-University of Bologna Argonauts Team, supported by Sanlorenzo, was crowned overall champion, and for the fourth time, they won the Energy Class (2021,2022,2023 and 2025) . At the Challenge, major industry players and young engineers combined their expertise to accelerate the sector's energy transition. This year again, HSH Prince Albert II of Monaco, President of the Yacht Club de Monaco, was keen to meet the students, stopping at paddock to discover the latest advances and following the races up close from the pontoon. 'This edition was quite unique. The event itself was quite unique because it is impossible to find so many young engineers working for the sustainability of the yachting industry at the same place at the same time. Monaco is still the place where we can be in advance and for that reason we are Capital of Advanced Yachting', said Bernard d'Alessandri, YCM General Secretary. 'We are very proud to host and to work with young generations and it is beautiful to see people from everywhere in the world heading to the same direction', he added. Winners of the slalom and endurance event, first in the speed record with a new Energy Class record (26.63 knots), tied with compatriots Elettra UniGe - Università di Genova, and winners of the Innovation Prize and Design Prize, the Italians from UniBoat-University of Bologna Argonauts Team impressed both at sea and ashore. 'It's our fifth edition here participating in Monaco. We had some problems with hydrogen last year and this year we won every single race. We got first place so it couldn't have gone better for us', said Tecla Costa, who's part of the team. Working on their boat named 'Futura', there are around 30 people of different departments, from structural to powertrain, from hydrogen to marketing and aerodynamics, to better develop the project in every aspect of it. Their dominance is based on an accomplished, seamless technical approach: propulsion system design optimised to maximise manoeuvrability, a high-performance reliable battery, fine-tuned transmission system, and above all in-house development of a counter-rotating traction engine that ensured outstanding performance. Added to all that, a lighter boat and rigorous training regime for the pilots made all the difference against very high-level opponents. 'We won every race today so I'm very happy with the result and we look forward the next competition in Olbia', added team pilot Massimiliano Scalzulli. Second place of the podium went to another Italian University. It is team Elettra UniGe with their high efficiency catamaran with a 32 kW motor and 9.66 kWh battery, innovative L-drive system and 3D-printed propellers to maximize performance and energy use. Bronze medal went to the Croatian team Adria Racing and their high-perfomance modular catamaran powered by a 20 kW electric motor featuring a 10 kWh battery, carbon-Kevlar composite cockpit and real-time satellite telemetry. This edition saw the introduction of the AI Class for autonomous boats, won by Antwerp Solar Boat Team (University of Antwerp, Belgium). Three major trends emerged: the growing role of artificial intelligence for energy management, the maturity of hydrogen technologies, and the development of toroidal propellers to reduce underwater noise pollution. The overall speed record of the event was broken with Frauscher Boats (Open Sea Class) reaching 49.84 knots. The Prince Albert II of Monaco Foundation Sustainable Yachting Technology Award, worth €25,000, recognizes the team whose solutions demonstrate measurable impact. Winner: Alma Mater Studiorum-Universiity of Bologna. The AI Class Winner was Antwerp Solar Boat Team - University of Antwerp – Belgium, with an AI navigation system that analyzes visual data from onboard cameras and enables real-time object recognition and autonomous steering logic. This 12th edition has seen 42 teams, 20 nationalities, 29 universities, and more than 1,000 students on deck. Among the competing teams – coming from different parts of the world, from India to Indonesia, from Italy to Qatar, from France to Portugal, some have once again pushed technological boundaries this year, particularly in the Energy Class category. In four years, battery storage capacity has almost doubled at equivalent weight, while improving safety, a tangible sign of the progress made. The event has also reached a milestone in terms of participation, with more boats competing and growing industry involvement. Two major conferences brought together international experts to discuss innovation, hydrogen and alternative fuels. In line with its commitment to responsible yachting, the SEA Index, developed by YCM, ha announced two key partnerships: one with AtmoSud to assess fine particles PM and Nox emissions, and the other with Bureau Veritas to develop a voluntary system for underwater noise assessment. The developments reflect a shared desire to measure the overall impact of yachts and support the industry in ways to reduce its environmental footprint. For more information: Press Office LaPresse-[email protected] A video accompanying this announcement is available at : A photo accompanying this announcement is available at
Independent Singapore
22-06-2025
- Business
- Independent Singapore
Singapore is becoming Southeast Asia's main hub for luxury, finance, and yachting
Photo: Facebook/Republic of Singapore Yacht Club SINGAPORE: Singapore is quickly becoming the main hub for luxury experiences and financial conferences in Southeast Asia, according to a report by private aviation group Vista . This was supported by three-digit growth in Vista's flight traffic during major event periods in the city-state. Notably, during Taylor Swift's Eras Tour stop in Singapore, flight traffic jumped by 362% compared to the country's daily average flight traffic last year. Meanwhile, the Singapore Grand Prix drove a 168% surge in daily average flight traffic. The Formula 1 event coincided with other financial events, including the Milken Institute Asia Summit and the Global Trade Review Congress. The Singapore Yachting Festival also brought 46% higher business jet traffic compared to the daily average for the year. Sanlorenzo Asia Pacific's Ewa Stachurska noted that Singapore is emerging as a premier yachting hub with eight boat clubs and marinas and 4000 boats and yachts. The private jet marketplace of Vista saw a doubled flight traffic year-on-year in Singapore. Knight Frank's Christine Li added: 'Confidence in Singapore's prime assets is underscored by the significant UHNWI (ultra-high-net-worth individuals) commercial property transactions for 2024/2025. This blend of strategic diversification, expectations for long-term asset appreciation, and sustained high-value investment activity solidifies Singapore's position as a premier destination for sophisticated capital.' /TISG Read also: Hospitality and tourism job interest in Singapore jumps 130% as industry rebounds after pandemic: Indeed
Yahoo
13-06-2025
- Business
- Yahoo
Undervalued European Small Caps With Insider Buying To Consider
As European markets experience a boost from easing inflation and supportive monetary policies, small-cap stocks are garnering attention due to their potential for growth in this favorable economic climate. In such an environment, identifying companies with strong fundamentals and strategic insider activity can be key to uncovering promising investment opportunities within the small-cap segment. Name PE PS Discount to Fair Value Value Rating Morgan Advanced Materials 12.0x 0.5x 33.67% ★★★★★☆ Tristel 29.5x 4.2x 8.08% ★★★★☆☆ AKVA group 17.3x 0.8x 42.85% ★★★★☆☆ Close Brothers Group NA 0.6x 39.28% ★★★★☆☆ Absolent Air Care Group 22.2x 1.8x 49.51% ★★★☆☆☆ Italmobiliare 11.9x 1.6x -218.55% ★★★☆☆☆ Fuller Smith & Turner 12.0x 0.9x -55.70% ★★★☆☆☆ SmartCraft 44.0x 7.9x 29.91% ★★★☆☆☆ H+H International 32.8x 0.8x 45.83% ★★★☆☆☆ Seeing Machines NA 2.2x 47.54% ★★★☆☆☆ Click here to see the full list of 80 stocks from our Undervalued European Small Caps With Insider Buying screener. Here we highlight a subset of our preferred stocks from the screener. Simply Wall St Value Rating: ★★★★★☆ Overview: Science Group is a company engaged in providing consultancy services, developing audio chips and modules, and managing submarine atmospheres, with a market capitalization of approximately £0.19 billion. Operations: Science Group's primary revenue streams include consultancy services and systems related to audio chips and submarine atmosphere management. Over recent periods, the company has experienced fluctuations in its gross profit margin, reaching 44.89% at its peak before declining to 40.82%. Operating expenses have been a significant component of costs, with general and administrative expenses forming a substantial part of these outlays. PE: 19.1x Science Group, a European company with external borrowing as its sole funding source, recently saw insider confidence through share purchases between July and December 2024. They repurchased over 1 million shares for £4.69 million, indicating potential value recognition despite forecasted earnings decline of 0.9% annually over the next three years. For 2024, sales slightly dipped to £110.67 million from the previous year, yet net income more than doubled to £12.02 million, suggesting improved profitability amidst challenging conditions. Get an in-depth perspective on Science Group's performance by reading our valuation report here. Gain insights into Science Group's past trends and performance with our Past report. Simply Wall St Value Rating: ★★★★★★ Overview: Sanlorenzo is a luxury yacht manufacturer specializing in the production of custom yachts and superyachts, with a market capitalization of €1.32 billion. Operations: The company's revenue primarily comes from its Yacht, Bluegame, and Superyacht divisions. As of the latest data, it reported a gross profit margin of 29.87%, reflecting its ability to manage costs relative to revenue growth. PE: 10.4x Sanlorenzo, a yacht manufacturer in Europe, is drawing attention as an undervalued company. Recent insider confidence was demonstrated when Massimo Perotti purchased 30,000 shares for €842K. This activity suggests belief in the company's potential despite its reliance on external borrowing for funding. Earnings are projected to grow by 4% annually, indicating steady progress. Sanlorenzo's participation in multiple European conferences highlights its proactive engagement with investors and stakeholders, potentially enhancing future growth prospects. Click here to discover the nuances of Sanlorenzo with our detailed analytical valuation report. Explore historical data to track Sanlorenzo's performance over time in our Past section. Simply Wall St Value Rating: ★★★★☆☆ Overview: Close Brothers Group is a UK-based financial services company that operates through segments including securities, retail banking, property banking, and commercial banking, with a market cap of £1.92 billion. Operations: Close Brothers Group generates revenue primarily from its Banking segments, with Commercial Banking contributing £480.50 million and Retail Banking £325.30 million. Operating expenses are significant, reaching £961.90 million as of January 2025, impacting net income margins which have shown a decline over recent periods, resulting in a negative net income margin of -10.73% by early 2025. PE: -5.5x Close Brothers Group, a European financial services firm, presents an intriguing opportunity among smaller companies. Despite a net loss of £111.8 million for the half-year ending January 31, 2025, compared to last year's profit of £68.8 million, they have been added to multiple FTSE indices in March 2025. Insider confidence is evident with recent share purchases by executives earlier this year, hinting at potential growth as earnings are forecasted to increase by over 84% annually. However, challenges remain with high bad loans at 7.6% and volatile share prices recently observed over three months. Click here and access our complete valuation analysis report to understand the dynamics of Close Brothers Group. Review our historical performance report to gain insights into Close Brothers Group's's past performance. Take a closer look at our Undervalued European Small Caps With Insider Buying list of 80 companies by clicking here. Have a stake in these businesses? Integrate your holdings into Simply Wall St's portfolio for notifications and detailed stock reports. Unlock the power of informed investing with Simply Wall St, your free guide to navigating stock markets worldwide. Explore high-performing small cap companies that haven't yet garnered significant analyst attention. Fuel your portfolio with companies showing strong growth potential, backed by optimistic outlooks both from analysts and management. Find companies with promising cash flow potential yet trading below their fair value. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Companies discussed in this article include AIM:SAG BIT:SL and LSE:CBG. Have feedback on this article? Concerned about the content? with us directly. Alternatively, email editorial-team@
Yahoo
13-06-2025
- Business
- Yahoo
Undervalued European Small Caps With Insider Buying To Consider
As European markets experience a boost from easing inflation and supportive monetary policies, small-cap stocks are garnering attention due to their potential for growth in this favorable economic climate. In such an environment, identifying companies with strong fundamentals and strategic insider activity can be key to uncovering promising investment opportunities within the small-cap segment. Name PE PS Discount to Fair Value Value Rating Morgan Advanced Materials 12.0x 0.5x 33.67% ★★★★★☆ Tristel 29.5x 4.2x 8.08% ★★★★☆☆ AKVA group 17.3x 0.8x 42.85% ★★★★☆☆ Close Brothers Group NA 0.6x 39.28% ★★★★☆☆ Absolent Air Care Group 22.2x 1.8x 49.51% ★★★☆☆☆ Italmobiliare 11.9x 1.6x -218.55% ★★★☆☆☆ Fuller Smith & Turner 12.0x 0.9x -55.70% ★★★☆☆☆ SmartCraft 44.0x 7.9x 29.91% ★★★☆☆☆ H+H International 32.8x 0.8x 45.83% ★★★☆☆☆ Seeing Machines NA 2.2x 47.54% ★★★☆☆☆ Click here to see the full list of 80 stocks from our Undervalued European Small Caps With Insider Buying screener. Here we highlight a subset of our preferred stocks from the screener. Simply Wall St Value Rating: ★★★★★☆ Overview: Science Group is a company engaged in providing consultancy services, developing audio chips and modules, and managing submarine atmospheres, with a market capitalization of approximately £0.19 billion. Operations: Science Group's primary revenue streams include consultancy services and systems related to audio chips and submarine atmosphere management. Over recent periods, the company has experienced fluctuations in its gross profit margin, reaching 44.89% at its peak before declining to 40.82%. Operating expenses have been a significant component of costs, with general and administrative expenses forming a substantial part of these outlays. PE: 19.1x Science Group, a European company with external borrowing as its sole funding source, recently saw insider confidence through share purchases between July and December 2024. They repurchased over 1 million shares for £4.69 million, indicating potential value recognition despite forecasted earnings decline of 0.9% annually over the next three years. For 2024, sales slightly dipped to £110.67 million from the previous year, yet net income more than doubled to £12.02 million, suggesting improved profitability amidst challenging conditions. Get an in-depth perspective on Science Group's performance by reading our valuation report here. Gain insights into Science Group's past trends and performance with our Past report. Simply Wall St Value Rating: ★★★★★★ Overview: Sanlorenzo is a luxury yacht manufacturer specializing in the production of custom yachts and superyachts, with a market capitalization of €1.32 billion. Operations: The company's revenue primarily comes from its Yacht, Bluegame, and Superyacht divisions. As of the latest data, it reported a gross profit margin of 29.87%, reflecting its ability to manage costs relative to revenue growth. PE: 10.4x Sanlorenzo, a yacht manufacturer in Europe, is drawing attention as an undervalued company. Recent insider confidence was demonstrated when Massimo Perotti purchased 30,000 shares for €842K. This activity suggests belief in the company's potential despite its reliance on external borrowing for funding. Earnings are projected to grow by 4% annually, indicating steady progress. Sanlorenzo's participation in multiple European conferences highlights its proactive engagement with investors and stakeholders, potentially enhancing future growth prospects. Click here to discover the nuances of Sanlorenzo with our detailed analytical valuation report. Explore historical data to track Sanlorenzo's performance over time in our Past section. Simply Wall St Value Rating: ★★★★☆☆ Overview: Close Brothers Group is a UK-based financial services company that operates through segments including securities, retail banking, property banking, and commercial banking, with a market cap of £1.92 billion. Operations: Close Brothers Group generates revenue primarily from its Banking segments, with Commercial Banking contributing £480.50 million and Retail Banking £325.30 million. Operating expenses are significant, reaching £961.90 million as of January 2025, impacting net income margins which have shown a decline over recent periods, resulting in a negative net income margin of -10.73% by early 2025. PE: -5.5x Close Brothers Group, a European financial services firm, presents an intriguing opportunity among smaller companies. Despite a net loss of £111.8 million for the half-year ending January 31, 2025, compared to last year's profit of £68.8 million, they have been added to multiple FTSE indices in March 2025. Insider confidence is evident with recent share purchases by executives earlier this year, hinting at potential growth as earnings are forecasted to increase by over 84% annually. However, challenges remain with high bad loans at 7.6% and volatile share prices recently observed over three months. Click here and access our complete valuation analysis report to understand the dynamics of Close Brothers Group. Review our historical performance report to gain insights into Close Brothers Group's's past performance. Take a closer look at our Undervalued European Small Caps With Insider Buying list of 80 companies by clicking here. Have a stake in these businesses? Integrate your holdings into Simply Wall St's portfolio for notifications and detailed stock reports. Unlock the power of informed investing with Simply Wall St, your free guide to navigating stock markets worldwide. Explore high-performing small cap companies that haven't yet garnered significant analyst attention. Fuel your portfolio with companies showing strong growth potential, backed by optimistic outlooks both from analysts and management. Find companies with promising cash flow potential yet trading below their fair value. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Companies discussed in this article include AIM:SAG BIT:SL and LSE:CBG. Have feedback on this article? Concerned about the content? with us directly. Alternatively, email editorial-team@ 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
Yahoo
12-06-2025
- General
- Yahoo
Brunello Cucinelli Promotes Civic Culture With Latest Project
DO YOUR PART: In yet another sign of his commitment to 'humanistic capitalism' and his personal attachment to his native Umbria region, Brunello Cucinelli unveiled on Thursday a new initiative aimed at fostering civic culture and responsibility. Conceived by the designer and entrepreneur, the project is called 'Week of Guardianship' and aims to raise public awareness around the preservation of and care for urban and natural landmarks of the city of Perugia, the capital of the Umbria region, some 9 miles from Solomeo, the hamlet home to the Brunello Cucinelli headquarters. More from WWD Marina Rinaldi Taps Teresa Maccapani Missoni for Latest Collaboration Sanlorenzo Gives Venice a New Cultural Space and Piero Lissoni-designed Bridge The Longevity Suite Opens Spa at San Clemente Palace Hotel in Venice A registered trademark, the 'Week of Guardianship' is to be held Sept. 15 to 21 in the city in partnership with the municipality, as well as with the support of the Umbria Region and the University for Foreigners of Perugia. 'I like to think that this Week of Guardianship will find joyful participation from all Perugians and beyond, urging them to recognize the importance of each person caring for a small part of our splendid city of Perugia, a heritage of humanity,' Cucinelli said. In typical Cucinelli parlance, he referenced ancient Athenians who said that 'if the doorway to your home is clean, the whole city is clean,' and Roman Emperor Hadrian's sense of responsibility toward beauty in the world. The project stems from the simple premise, Cucinelli stressed, that citizens should be triggered to engage in a shared effort toward 'beautification' of the public spaces, beginning with simple touch-ups to the facade of one's home, nurturing the plants in one's garden, and maintaining the cleanliness of one's gate. 'I believe that everything can begin with caring for one's own doorway. A cleaned and polished door will be more beautiful… [driving] a virtuous circle to be sparked whereby all will feel responsible for the city's beauty and respectful of its territory. You will see, I am certain, that when we restore dignity to certain corners of the city, our very souls will benefit and feel lighter,' Cucinelli said. 'We need to give back dignity to the city and its citizens and this will ensure prosperity for both,' he offered. The project is to be presented to local associations and businesses on Friday evening at the Teatro Cucinelli theater in Solomeo, laying the foundations for defining the week's agenda of initiatives and activities. Cucinelli said that the project is intended to dismantle the misconception that public spaces only concern authorities and governments, trying instead to instill the idea that anyone can and should care. 'By learning to take care about public spaces people feel like they belong,' said Vittoria Ferdinandi, the mayor of Perugia. Best of WWD Young Brooke Shields' Style Evolution, Archive Photos: From Runway Modeling & Red Carpets to Meeting Princess Diana The Most Memorable French Open Tennis Outfits With Serena Williams, Naomi Osaka & More [PHOTOS] Beyoncé's 'Cowboy Carter Tour' Outfits, Live Updates: Schiaparelli, Burberry, Loewe and More
