Emcor Group Inc SEC Filings

Q2 FY-25 (three months ended 6/30/25): Sun Country (SNCY) grew operating revenue 4% YoY to $263.6 m and operating income 32% to $16.3 m (6.2% margin). Net income jumped to $6.6 m, or $0.12 diluted EPS, from $1.8 m ($0.03) a year earlier.

Key drivers: Cargo revenue rose 37% to $34.8 m as Amazon aircraft increased to 19 (12 prior year). Passenger revenue slipped 1% on a 6% ASM reduction while total fare per passenger climbed 7% and TRASM 4%. Fuel cost per gallon fell 15%, cutting fuel expense 19%. Salaries & benefits climbed 13% on headcount growth and new labor accords.

Six-month results: Revenue up 4% to $590.3 m; net income up 16% to $43.1 m ($0.78 EPS). Operating cash flow was $36.3 m; capex $21.2 m.

Balance sheet: Cash & restricted cash declined to $53.3 m (Dec-24: $100.5 m); investments $101.3 m. Debt trimmed to $284.5 m from $330.1 m; equity rose to $613.0 m. A new $75 m revolving credit facility is undrawn; covenant requires ≥$55 m liquidity.

Capital & fleet: Total fleet 69 B737s (45 passenger, 19 cargo, 5 leased-out). One aircraft retired. Repurchased 631 k shares for $10 m; new $25 m authorization remains. All eight additional Amazon aircraft expected in service by Q3 25; a new co-branded credit card launches H2 25.

Form 8-K (Item 7.01) filed 1 Aug 2025 by Flutter Entertainment plc (NYSE: FLUT) simply furnishes an RNS announcement concerning the company’s total voting rights. The notice, required under the UK Financial Conduct Authority’s Disclosure Guidance and Transparency Rules, is attached as Exhibit 99.1 and incorporated by reference. No financial results, guidance, transactions, or strategic developments are disclosed in this report.

Kimberly-Clark (KMB) filed a Form 4 disclosing routine equity compensation activity by Chief Growth Officer Patricia Corsi on 07/31/2025. Corsi’s 921 restricted share units vested and were automatically converted into common stock at a $0.00 exercise price. To cover statutory tax withholding, 385 shares were immediately surrendered to the company at $124.62 per share. Net of the withholding, her direct ownership increased by 536 shares, bringing her total directly held common stock to 536 shares. She still beneficially owns 2,150 RSUs that continue to vest 30-30-40 over three years. No open-market transactions occurred; all activity stems from the company’s Equity Participation Plan.

Omega Healthcare Investors (OHI) 10-Q – quarter ended 30-Jun-2025.

• Top-line growth: Total revenue rose 11.8% YoY to $282.5 M, driven by rental income up 11.6% to $239.2 M and interest income up 13.0% to $43.0 M.
• Profitability: Net income to common shareholders increased 20.0% to $136.6 M; diluted EPS was flat at $0.46 as the share count jumped to 293.1 M (+5%). YTD EPS climbed to $0.79 from $0.72.
• Margin trends: Expense growth (14.7% YoY) lagged revenue, lifting operating margin. Impairment charges were $14.2 M vs $8.2 M LY; credit-loss recovery of $4.8 M aided results.
• Balance sheet: Assets reached $10.55 B (+6.6% vs Dec-24) after $560 M of property acquisitions (53 ALF/8 SNF, 10% initial cash yield). Cash rose to $734 M; revolver remains undrawn. Net unsecured/secured debt climbed 2.8% to $5.00 B.
• Equity & liquidity: $518 M raised via ATM/secondary issuance; APIC up to $8.43 B. Operating cash flow advanced 25% to $421 M; dividend outflow YTD $384 M ($0.67 per share quarterly).
• Cash deployment: $62.7 M invested in cap-ex/CIP; Inspir Embassy Row ALF placed in service (24-year lease, $201.8 M cost).
• Capital returns: Common dividend maintained; 295 M shares outstanding at 29-Jul-25.

Overall, OHI delivered double-digit revenue and NOI growth, funded accretive acquisitions, and preserved liquidity, offset by incremental dilution and modest impairment charges.

Constellium SE (CSTM) Q2-25 10-Q highlights: Revenue rose 8.9% YoY to $2.10 bn and 7.1% YTD to $4.08 bn, driven mainly by Packaging & Automotive Rolled Products (+14% external sales). However, cost pressure and a negative $13 m metal-price lag cut profitability: Adjusted EBITDA fell 11.7% to $159 m and diluted EPS dropped 51% to $0.25 (YTD $0.51, -22%). Net income declined to $36 m from $77 m, with the French surtax lifting the effective tax rate to 35.7%.

Cash flow from operations held at $172 m YTD (-2%) but inventory build (+$147 m since Dec-24) and capex of $134 m pushed free cash flow negative. Cash ended at $133 m (-6%), while long-term debt inched up to $1.97 bn; total leverage rose as liabilities climbed 14%. Shareholder returns continued: 3.4 m shares were repurchased for $35 m, cutting outstanding shares to 139.5 m. Book equity improved to $799 m on OCI gains (AOCI now +$26 m vs -$14 m YE-24). Segment view: A&T EBITDA −13%, AS&I −40%, P&ARP +12%; flood-related Swiss clean-up costs partly offset by insurance proceeds.