$TTEK (-2.57%)
@Simpson

This offers opportunities in the areas of defense, public administration and trade throughout Europe.

Tetra Tech (NASDAQ: TTEK) has acquired Irish management consultancy Carron + Walsh, expanding its presence in European infrastructure programs. The acquisition strengthens Tetra Tech's project and cost management expertise, particularly in the Republic of Ireland.

Carron + Walsh specializes in providing management solutions for major commercial, life sciences, residential and infrastructure projects across Europe. The company maintains valuable relationships with clients in the life sciences industries, public sector bodies, housing associations, financial institutions and private development companies.

The acquisition is in line with Tetra Tech's Leading with Science® approach and expands its project management technology offering. The partnership will enable Carron + Walsh to increase its impact while maintaining service quality. This provides opportunities in the defense, public administration and commercial sectors across Europe.

Positive

Expands presence in the European market, particularly in the Republic of Ireland

Gains established framework agreements with a diverse customer base

Improves the technological capabilities of project management

Creates cross-selling opportunities in infrastructure programs

Tetra Tech's acquisition of Carron + Walsh represents a strategic expansion into the European infrastructure consulting market and particularly strengthens the company's position in Ireland. This transaction follows Tetra Tech's established practice of acquiring specialist businesses that complement the company's core competencies in water, environment and sustainable infrastructure.

The acquisition brings three key strategic benefits: firstly, it provides immediate access to established customer relationships in the life sciences, public sector and private development sectors in Europe. Secondly, it expands Tetra Tech's technical capabilities in project management, cost management and project control. Thirdly, it opens up significant cross-selling opportunities for Tetra Tech's broader service portfolio in these new customer relationships.

For a company with a $7.7 billion market capitalization, this acquisition likely represents a relatively small financial investment, but provides strategic value by expanding Tetra Tech's European footprint. The integration of Carron + Walsh's expertise in managing large commercial and infrastructure programs should strengthen Tetra Tech's competitive position against other global engineering consulting firms.

Financial details were not disclosed. However, the success of the acquisition will depend on client retention, employee integration and utilization of the technology systems mentioned in the project timeline. The focus on life science customers is particularly noteworthy as this sector typically offers higher margins and more stable demand compared to other infrastructure segments.

https://www.stocktitan.net/news/TTEK/tetra-tech-acquires-european-management-consulting-firm-carron-m6xb3z1978rx.html

Technological advances and global challenges are opening up new opportunities in various sectors. In addition to well-known areas such as artificial intelligence and renewable energies, there are less recognized sectors with significant growth potential. Here are some areas where I see a lot of potential.

For each area, I have listed a few stocks that are considered pioneers or already established...

1. 💧 Water management - the blue gold of the future

Why is it exciting?

- Water scarcity is becoming a pressing problem worldwide.

- Investments in water treatment, desalination and efficient use are increasing.

Example company:

- Xylem Inc. $X1YL34 - Specialized in water technologies and solutions.

- Veolia Environnement $VIE (-7.27%) - Leader in water and waste management.

2. 💻 Data processing & data centers - backbone of the digital era

Why is it exciting?

- Increasing data volumes require powerful infrastructures.

- Cloud computing, edge computing and quantum computing are revolutionizing the industry.

Example companies:

- Equinix $EQIX (-3.33%) - The world's leading provider of data center services.

- Digital Realty $DLR (+0.82%) - Specializes in data center solutions for companies.

3. 🚀 Space industry - The new economic space

Why is it exciting?

- Private companies are driving innovation and reducing costs.

- Applications range from satellite communication to space tourism.

Example companies:

- Virgin Galactic Holdings Inc. $SPCE (-0.77%) (SPCE) - pioneer in the field of space tourism.

- Rocket Lab USA Inc. $RKLB (-8.63%) (RKLB) - provider of low-cost rocket launches for small satellites.

- Airbus $AIR (-8.31%) (AIR) - Leader in aerospace technologies.

- Boeing Co. $BA (-8.12%) (BA) - Involved in manned space programs and satellite technology.

- Northrop Grumman Corp. $NOC (-5.33%) (NOC) - Specializes in defense and space systems.

4. 🌍 Rare earths & raw materials - foundation of modern technologies

Why are they exciting?

- Electromobility, renewable energies and electronics rely on rare metals.

- Recycling and sustainable mining are becoming increasingly important.

Example company:

- MP Materials $MP (-6.7%) - Largest producer of rare earths in the USA.

- Lynas Rare Earths $LYSDY (-0.5%) - Leading supplier outside China.

5. 🌱 Vertical farming - the future of urban food production

Why is it exciting?

- Population growth and urbanization require new farming methods.

- Indoor farming enables year-round production with reduced water consumption.

Example company:

- AeroFarms (not found on getquin) - pioneer in vertical farming with innovative cultivation techniques.

- AppHarvest $APPHQ - Operates high-tech greenhouses for sustainable cultivation.

💡 Conclusion: These emerging sectors offer significant opportunities for investors and innovators. Early involvement could be advantageous in the long term.

🔥 Which of these future industries do you think are particularly promising? Share your opinion in the comments!

✅ I'll list the companies mentioned in the comments here:

$LRV (-10.57%) (rare earths)

$TTEK (-2.57%) (water management)

$BMI (-5.8%) (water management)

$TSLA (-9.97%) (Robotics)

🔍 Disclaimer: No investment advice - only my personal assessment. Everyone should do their own research!

$TTEK (-2.57%)

Tetra Tech, Inc. (NASDAQ: TTEK), a leading provider of high-quality water, environmental and sustainable infrastructure consulting and engineering services, today announced results for the first quarter ended December 29, 2024.

Revenue increased 16% year-over-year to $1.42 billion

Net sales1 increased 18% year-over-year to $1.20 billion

Operating income $23 million; adjusted operating income increased 24% year-over-year to $138 million

Earnings per share USD 0.00; adjusted earnings per share 1 increased by 25% year-on-year to USD 0.35

Backlog increased 15% year-over-year to $5.44 billion

Industry-leading DSO of 55.9 days

Recent major achievements.

Multiple-award contracts worth USD 498 million over five years to provide architectural and engineering services and civil engineering support to the USACE in the Los Angeles and Japan districts

Five-year multiple-award contract worth USD 249 million for planning and engineering services for the USACE Mobile District

Five-year, $100 million multiple award contract for the Office of Land and Emergency Management to research and analyze new advanced environmental technologies

66 million US dollar, five-year contract to provide disaster and emergency services in the US Midwest

Multi-award architecture and engineering contract valued at $46 million for flood and emergency response for the USACE

Comments from the Chairman and CEO

Dan Batrack, Chairman and CEO, commented: "Tetra Tech started FY2025 with a strong first quarter that included record revenue and backlog, as well as record first quarter adjusted operating income and earnings per share. We continued to see significant demand for our differentiated water, environmental and sustainable infrastructure services across our global businesses. In the first quarter, we added over $1 billion in new contract capacity, including contracts for basic water supply, flood control structures and inland waterways. With our record backlog and momentum, we are well positioned to respond to the priorities of our U.S. and international customers."

Quarterly dividend and share buyback program

On January 27, 2025, Tetra Tech's Board of Directors approved the company's 43rd consecutive quarterly dividend of $0.058 per share, an increase of 12% over the prior year. The dividend will be paid on February 26, 2025 to shareholders of record on February 12, 2025. In the first quarter, Tetra Tech repurchased USD 25 million worth of common stock. In addition, as of December 29, 2024, the company had USD 323 million remaining under its USD 400 million share buyback program.

https://www.wallstreet-online.de/nachricht/18946083-tetra-tech-reports-strong-first-quarter-results

The short-term key interest rate rises from 0.25% to 0.5%.

As the increase was expected, things should not go as smoothly as last August. In addition, I $OXY (-7.71%) and $TTEK (-2.57%) in the portfolio and have already seen enough red this week 😄

In view of the US elections, the question arises: could Trump's return actually boost the industry? After all, his policies could focus heavily on infrastructure, deregulation and energy.

Which stocks do you think are best positioned in this scenario?

My personal favorites for 'Trump trades' in this regard would be:

Caterpillar (construction equipment & infrastructure) $CAT (-4.89%)

Parker Hannifin (industrial components & automation) $PH (-6.33%)

Tetra Tech (engineering services, especially for water projects) $TTEK (-2.57%)

I am looking forward to your assessments!

could not resist.

Hello dear community

how do you see the current entry or first purchase for $TTEK (-2.57%) ?

Yesterday's figures are actually not that bad 🤔

Tetra Tech reports record results for fiscal year 2024 and the fourth quarter

Highlights of the fourth quarter

• Net sales increased to $1.37 billion
• Net sales increased to 1.14 billion US dollars
• Operating income increased 33% year-over-year to $143 million
• Earnings per share increased by 75 % year-on-year to USD 0.35; adjusted earnings per share increased by 15 % year-on-year to USD 0.38

Financial year 2024

• Record annual sales of USD 5.20 billion, an increase of 15% compared to the previous year
• Record annual net sales of USD 4.32 billion, up 15% on the previous year
• Record annual operating result of USD 501 million, an increase of 40% compared to the previous year
• Record earnings per share (EPS) year-on-year, up 21% on the previous year
• Record order backlog of USD 5.38 billion, an increase of 12% compared to the previous year

Dividend and share buyback program

On November 11, 2024, Tetra Tech's Board of Directors approved the company's 42nd consecutive quarterly dividend of $0.058 per share, an increase of 12% year-over-year, payable on December 13, 2024 to shareholders of record as of November 27, 2024. Tetra Tech has $348 million remaining under its $400 million share repurchase program.

Source:

https://investor.tetratech.com/press-releases/news-details/2024/Tetra-Tech-Reports-Record-Fiscal-2024-and-Fourth-Quarter-Results/

Tetra Tech secures global USAID contract worth 5 billion US dollars. $TTEK (-2.57%)

PASADENA - Tetra Tech, Inc. (NASDAQ:TTEK), a leading consulting and engineering firm, has been awarded a major contract valued at $5 billion by the U.S. Agency for International Development (USAID). The contract is aimed at supporting democracy initiatives worldwide. Under the 10-year framework contract (IDIQ), Tetra Tech will support USAID's Office of Transition Initiatives in improving governance and resilience in developing countries.

The company's tasks include strengthening local participation, revitalizing critical infrastructure, and improving the resilience and accessibility of key public services, including drinking water. These efforts build on Tetra Tech's four decades of experience supporting USAID in strengthening local governance systems.

Dan Batrack, Chairman and CEO of Tetra Tech, emphasized the company's commitment: "We are pleased to continue supporting USAID in its mission to promote robust democracies around the world." The contract is part of a broader initiative to address governance challenges with evidence-based methods.

Tetra Tech, known for its "Leading with Science®" approach, specializes in solving complex problems in the areas of water, environment and sustainable infrastructure. With a workforce of 28,000 employees, the company provides science-based solutions for a wide range of global projects.

https://de.investing.com/news/company-news/tetra-tech-sichert-sich-globalen-usaidvertrag-im-wert-von-5-milliarden-usdollar-93CH-2753646

Tetra Tech: AI data centers and national chip factories should accelerate growth!

$TTEK (-2.57%)

Hello everyone, I am invested in Tetra Tech myself. And the analysts at KeyBanc raised their target from USD 49 to USD 56 on 08.10.2024. They confirmed their "overweight" rating and emphasized that Tetra Tech is one of the highest quality companies. Consequently, the share is a top pick.

https://mobile.aktien-mag.de/nachrichten/chart-tweets/tetra-tech-ki-data-center-und-nationale-chipfabriken-sollten-das-wachstum-beschleunigen/id-128471