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BONN, Germany - Kautex Textron GmbH & Co. KG, a subsidiary of Textron Inc. (NYSE:TXT), has received an order from a leading automotive manufacturer for a thermoplastic composite lower battery housing unit for fully electric vehicles, according to a company press release.
The housing, part of Kautex’s Pentatonic battery enclosure portfolio, is designed to seal and protect vehicle batteries while meeting structural and thermal requirements, including crush and impact testing as well as fire tests. The component will be produced for a major battery electric vehicle platform that will span multiple vehicle brands. The company’s strong financial position, with liquid assets exceeding short-term obligations and a healthy current ratio of 1.84, supports its ability to execute on such significant contracts.
According to the company, the thermoplastic composite material offers advantages over conventional metal counterparts, including lower costs through component reduction and a smaller carbon footprint. The lightweight design also contributes to reducing carbon emissions during vehicle operation.
"Our innovative BEV lower housing is a testament to our dedication to providing cutting-edge solutions that meet the highest standards of safety, performance, and sustainability," said Joerg Rautenstrauch, President & CEO of Kautex.
This marks Kautex’s second Pentatonic business win following a January 2023 order for a full-BEV underbody protection skid plate that entered production in 2024. The company has validated its Pentatonic enclosures through road testing across three test vehicles in the US, Japan, and Europe, accumulating over 100,000 miles collectively.
Kautex Textron operates 30 plants in 13 countries and manufactures traditional and hybrid fuel systems, engine camshafts, and plastic industrial packaging solutions. The company has been expanding its portfolio to include battery systems for electric vehicles. With annual revenue of $14.1 billion and maintaining profitable operations with a net income of $816 million in the last twelve months, Textron demonstrates solid financial performance. For deeper insights into Textron’s financial health and growth prospects, investors can access the comprehensive Pro Research Report available on InvestingPro, which covers over 1,400 US stocks with detailed analysis and actionable intelligence.
In other recent news, Textron reported strong financial results for the second quarter of 2025, exceeding analysts’ expectations. The company posted earnings per share of $1.55, surpassing the forecasted $1.45, and achieved revenues of $3.7 billion, which was above the projected $3.64 billion. UBS upgraded Textron’s stock rating from Sell to Neutral, citing healthy demand for business jets and the company’s decision to divest its challenged Powersports business. The firm also raised its price target for Textron to $88.00. Bernstein SocGen Group maintained its Market Perform rating with a price target of $90.00 following the earnings report. These developments reflect a positive outlook for Textron amidst robust quarterly performance and strategic business decisions.
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