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A record-breaking 2023 and a new era for Marshall

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STOCKHOLM, Feb. 15, 2024 /PRNewswire/ — Marshall Group delivered yet another year of profitable growth in 2023 with net sales breaking the 4 billion SEK barrier, increasing 29 percent compared to 2022. With growth across product categories, channels and regions, as well as hitting double-digit growth and profitability in all four quarters, 2023 was Marshall’s best year to date. 

2023 saw the creation of the Marshall Group with Marshall Amplification and Zound Industries coming together earlier in the year. Successfully integrating the two companies has been a big focus, and the Marshall brand maintained its growth momentum throughout the year while fuelling its premium position across the world. Total net sales amounted to MSEK 4,006.8 (3,102.0) for the full year and adjusted operating profit increased to MSEK 757.0 (427.1), equivalent to an adjusted operating margin of 18.9 percent (13.8%).

“It has been a historic year for everyone at Marshall. We delivered strong growth and profitability for the third year in a row while successfully integrating into the Marshall Group. We are unlocking the potential of the Marshall brand while staying true to its legacy and investing into the future”, says Jeremy de Maillard, CEO, Marshall Group.

“We have invested heavily into our manufacturing site for premium amps and in our recording studio in Milton Keynes over the past six months, making them world-class facilities to satisfy the needs of guitarists and musicians. We will enter new product categories in the next twelve months, providing the unique Marshall experience to our audience in more aspects of their lives. And we will soon launch an entirely new digital experience, bringing together the entire Marshall world and product offer on marshall.com.”

During the year Marshall launched iconic products across all key categories. The Studio JTM Amplifier in honour of what would have been Jim Marshall’s 100th birthday, an homage to the amp that started it all. The Motif II A.N.C, the latest generation of the well-received noise cancelling true wireless headphone. And the Middleton, the latest addition to the Marshall portable speaker range, with a quad-speaker set-up to ensure the ultimate immersive sound experience.

Pro forma numbers, which include Marshall Amplification and its subsidiaries for the full year, showed 18 percent revenue growth year on year, reaching MSEK 4,097.4 (3,458.3) in revenue and MSEK 789.4 (534.6) in profitability after adjustments for extraordinary items.

Over the last couple of years, the company has successfully reshaped its business model to counteract the historical seasonality of the business and to drive the brand premium positioning. Sales and profits are now more evenly spread across quarters, resulting in what is expected to be less volatile and more consistent growth across quarters going forward.

In the fourth quarter of 2023, net sales increased 13 percent to MSEK to 1,218.2 (1,078.6) and adjusted operating profit amounted to MSEK 211.6 (233.0), equivalent to an adjusted operating margin of 17.4 percent (21.6%).

“Just as in 2022 we have been profitable each quarter of 2023 while continuing to grow the business. The team has done a great job balancing sales and inventory across quarters to maintain our premium positioning in a market that has been heavily characterized by promotions and discounts this year. We have a strong financial position,” says Martin Axhamre, CFO & Deputy CEO, Marshall Group.

Marshall Group’s financial position has enabled the company to focus on integrating the two companies into one, delivering on the product roadmap while also investing in long term growth.

“It’s been incredible seeing the work of the teams over the last nine months, as they are really coming together as one. Marshall Group’s commitment to guitarists, supporting musicians and investing in our UK manufacturing is as strong as ever. I’m really excited about the future for Marshall,” says Terry Marshall, Board member, Marshall Group. 

The Marshall Group 2023 annual report will be published later this spring. 

For more information, please contact:
Frida Calderon, Senior Communications Manager, Marshall Group
press@marshall.com 

About Marshall Group
Marshall Group is the audio, tech and design powerhouse uniting musicians and music lovers through genre-breaking innovation. We are home to Marshall, Natal Drums, Urbanears, and adidas headphones. We gather around 800 highly talented people across 8 global locations and our products are sold in over 90 markets worldwide. Visit group.marshall.com for more information.

The following files are available for download:

https://mb.cision.com/Main/12217/3928955/2605876.pdf

Marshall Group Year-End – Press release_Final.pdf

https://news.cision.com/marshall-group/i/marshall-middleton,c3267678

Marshall Middleton

https://news.cision.com/marshall-group/i/marshall-studio-jtm,c3267673

Marshall Studio JTM

https://news.cision.com/marshall-group/i/marshall-studio-jtm,c3267671

Marshall Studio JTM

https://news.cision.com/marshall-group/i/marshall-middleton,c3267672

Marshall Middleton

https://news.cision.com/marshall-group/i/marshall-studio-jtm,c3267674

Marshall Studio JTM

https://news.cision.com/marshall-group/i/marshall-middleton,c3267675

Marshall Middleton

https://news.cision.com/marshall-group/i/marshall-middleton,c3267677

Marshall Middleton

https://news.cision.com/marshall-group/i/marshall-murals,c3267679

Marshall murals

https://news.cision.com/marshall-group/i/marshall-murals,c3267680

Marshall murals

https://news.cision.com/marshall-group/i/marshall-middleton,c3267683

Marshall Middleton

 

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Nanalysis Announces Board Transition and Appointment of Three New Directors

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CALGARY, AB, May 1, 2026 /CNW/ – Nanalysis Scientific Corp. (the “Company”, TSXV: NSCI, FRA: 1N1), a leader in portable NMR spectrometers and MRI technology for industrial and research applications, is pleased to announce the appointment of Jonathan Ladd, Werner Maas, and Steve Feick to its Board of Directors effective May 1, 2026.

Mr. Ladd is an experienced technology executive and former Chief Executive Officer of NovAtel Inc., a Nasdaq-listed GPS technology company acquired by Hexagon AB. He has a track record of scaling global technology businesses and brings extensive experience in capital markets, corporate governance, and strategic execution within advanced technology companies. He currently serves on the following boards: Takemetoit Inc., AgriRobot, Litus Inc., and is an advisor at Tall Grass Ventures. Mr. Ladd earned a bachelor’s degree with distinction in engineering and is a member of Tau Beta Pi National Engineering Honor Society.

Dr. Maas is a senior executive in the analytical instrumentation sector, having previously served as President of Bruker BioSpin Corporation and currently serving as Chief Executive Officer of Hudson Lab Automation. He brings deep expertise in nuclear magnetic resonance (NMR) technologies, as well as global sales, marketing, and commercialization of scientific instrumentation. Dr. Maas holds a Ph.D. in Chemistry from Radboud University in The Netherlands, as well as several executive management designations from the MIT Sloan School of Management.

Mr. Feick is President of Manvest Inc., part of the Mancal Group. He has a track record of developing and growing a portfolio of investments in agriculture, finance, supply chain, infrastructure technology, energy efficiency, and data analytics. As a former entrepreneur, he ensures that his operational and investor experience elevates the growth of the portfolio. He is an experienced investor and brings expertise in capital allocation, governance, and long-term strategic planning across private and public market investments. Mr. Feick holds a Bachelor of Science degree in Chemical Engineering from Queen’s University.

In connection with these appointments, Martin Burian and Jennifer Stubbs will be stepping down from the Board of Directors, effective May 1, 2026. The Company thanks Mr. Burian and Ms. Stubbs for their contributions and service and wishes them continued success in their future endeavours.

“On behalf of the Board, I would like to thank Martin and Jennifer for their contributions to Nanalysis and dedicated service to the Company and wish them continued success in their future endeavours.” said Sean Krakiwsky, Chief Executive Officer. “We are pleased to welcome Jonathan, Werner, and Steve. Their collective experience across instrumentation, global commercialization, and capital allocation will support the Company as we focus on scaling our core NMR platform and executing on our services growth strategy.”

About Nanalysis Scientific Corp. (TSXV: NSCI, OTCQX: NSCIF, FRA: 1N1)

Nanalysis Scientific Corp. develops and manufactures portable Nuclear Magnetic Resonance (NMR) spectrometers used worldwide in pharma, biotech, energy, food, materials, and security industries, as well as in academic and government labs. The Company also operates a growing services division that maintains both its own products and third-party imaging equipment, anchored by a $160 million long-term contract with the Canadian Air Transport Security Authority (CATSA) to maintain security scanners at more than 80 Canadian airports.

Notice regarding Forward Looking Statements and Legal Disclaimer

This news release contains certain “forward-looking statements” within the meaning of such statements under applicable securities law. Forward-looking statements are frequently characterized by words such as “anticipates”, “plan”, “continue”, “expect”, “project”, “intend”, “believe”, “anticipate”, “estimate”, “may”, “will”, “potential”, “proposed”, “positioned” and other similar words, or statements that certain events or conditions “may” or “will” occur. These statements are only predictions. Various assumptions were used in drawing the conclusions or making the projections contained in the forward-looking statements throughout this news release. Forward-looking statements are based on the opinions and estimates of management at the date the statements are made and are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected in the forward-looking statements. The Company is under no obligation, and expressly disclaims any intention or obligation, to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as expressly required by applicable law.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

View original content to download multimedia:https://www.prnewswire.com/news-releases/nanalysis-announces-board-transition-and-appointment-of-three-new-directors-302759750.html

SOURCE Nanalysis Scientific Corp.

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PCIS Emerges as Leading Risk and Claims Provider in Mid-Atlantic with Three Major Wins

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SEPTA, City of Baltimore, and Maryland Department of Transportation MTA adopt ClaimsVISION to modernize risk and claims operations

NEW YORK, May 1, 2026 /PRNewswire-PRWeb/ — PCIS, a leading provider of Risk & Claims Management Information System (RMIS), today announced a series of new and expanded client engagements across the Mid-Atlantic region, further solidifying its position as a trusted partner for transit agencies and public sector organizations.

“The biggest barrier to innovation in the public sector isn’t a lack of tools—it’s the weight of legacy data environments that were never built for real-time intelligence. You can’t layer AI on top of fragmented, batch-driven systems and expect results.

The Southeastern Pennsylvania Transportation Authority (SEPTA) has selected PCIS ClaimsVISION RMIS to enhance its risk management capabilities and support more efficient claims oversight. The City of Baltimore has chosen ClaimsVISION Claims and RMIS to modernize its claims administration and enterprise risk management operations. In addition, the Maryland Department of Transportation Maryland Transit Administration (MDOT MTA) has entered into a new five-year agreement with PCIS, extending a long-standing partnership and continuing its use of the ClaimsVISION platform.

These engagements reflect a broader trend among public entities seeking modern, configurable platforms to improve visibility, streamline workflows, and strengthen compliance across increasingly complex risk environments.

“The biggest barrier to innovation in the public sector isn’t a lack of tools—it’s the weight of legacy data environments that were never built for real-time intelligence. You can’t layer AI on top of fragmented, batch-driven systems and expect results. Organizations like SEPTA and Baltimore are rethinking the foundation—moving toward continuous, streaming data models that actually enable AI to deliver value”, said Michael Loizou, CSO of PCIS.

Across these implementations, PCIS will deliver a unified platform designed to:

Centralize claims and risk data for improved decision-makingEnhance BI and intelligent analytics capabilitiesStreamline workflows and reduce manual processesSupport regulatory compliance and audit readinessEnable scalable, configurable solutions tailored to public sector needs

The continued expansion of PCIS within the Mid-Atlantic region underscores the company’s growing presence among transit agencies and public entities seeking proven, purpose-built risk and claims management solutions.

Media Contact

Helene Quinn, PCIS, 1 2124051625, hquinn@pcisvision.com, www.pcisvision.com

View original content to download multimedia:https://www.prweb.com/releases/pcis-emerges-as-leading-risk-and-claims-provider-in-mid-atlantic-with-three-major-wins-302759785.html

SOURCE PCIS

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Private Equity’s AI Moment: The Greatest Value Lever in Decades — and the Hardest to Pull

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The following article is authored by Neil Dhar, Senior Vice President, IBM Consulting Americas

ARMONK, N.Y., May 1, 2026 /PRNewswire/ — Next week at Think 2026, we’ll outline the forces shaping the Enterprise AI Race, forces that apply with particular urgency to private equity. The organizations gaining ground today are not the ones betting on a single model. They are the ones redesigning how their businesses operate, building hybrid architectures that give them control, and deploying AI in ways that orchestrate value that compounds over time. 

The private equity industry understands this better than most. The days of pilots and promises are over, and the demand for hard proof (a.k.a. ROI) has begun. Is your revenue accelerating? Can you drive efficiency and profitability at the same time? What does long-term growth look like? These are the questions sitting across the table at every board meeting and investment committee, and the pressure is only intensifying.  

This pressure has forced major PE firms to move aggressively to formalize their AI strategies, including exploring joint ventures with leading LLM companies. They’re making a calculated bet on AI as the most powerful value‑creation lever the industry has seen in its history, and they recognize that the window to move is now. 

The logic is unmistakable. PE firms don’t run single businesses, they run portfolios. Which means AI playbooks that work don’t just transform one company; they compound across ten, twenty, fifty, hundreds. A workflow reinvented once becomes a repeatable asset. A governance framework built once becomes portfolio infrastructure. That multiplier effect is native to how PE creates value, and it’s what makes the intersection of private equity and enterprise AI one of the most consequential arenas in business right now. 

The bet is a no-brainer. Execution is where it gets hard.  

Here’s what we know to be true: competitive advantage won’t come from betting on a single LLM. It will come from building AI tailored to your business, shifting to a hybrid strategy that combines custom models, foundation models, and smaller specialized models, all grounded in an architecture that connects your data, your workflows, and your intelligence. In private equity, where the same playbook has to work across an entire portfolio, that distinction isn’t academic. It’s the difference between value that compounds and value that stalls. 

We know this because we lived it. We turned our own operations into the proving ground, analyzing nearly 400 operational workflows and deploying AI solutions across more than 100 so far, coupled with AI governance and enablement.

The result was $4.5B in productivity gains from AI, hybrid cloud, automation and consulting expertise, and proof of what works.

We then took that proof and productized those validated workflows into IBM Enterprise Advantage, a first-of-its-kind asset-based consulting service that enables clients to build and operate their own tailored internal AI platform at scale.

With digital workers, prebuilt tools, and native governance, clients have a headstart rather than a blank slate. And because it’s multi-model, they retain the freedom to shift as technology evolves. For private equity, that flexibility determines whether a company is an asset or a liability at exit. 

We’re bringing this same approach to private equity-backed companies, where the defining question is what changed and can you prove it.

A major U.S. telecommunications provider is deploying digital workers and prebuilt AI tools from Enterprise Advantage to accelerate the migration of more than 150 critical applications, delivering measurable savings within two quarters.Working with a leading insurance administrator, IBM is using agentic AI to overhaul end-to-end claims processing, a function where a single claim can involve dozens of tightly regulated steps across multiple systems. AI agents now read and structure claim documents, perform compliance checks, assess eligibility, and route cases automatically, resulting in faster cycle times, fewer bottlenecks, and an operating model built to scale. 

What private equity does here will ripple far beyond its own portfolios. When PE-backed companies deploy production-ready AI across the business, they reset competitive expectations for entire industries, forcing every competitor to respond. That is the Enterprise AI Race playing out in real time.

The choices made today will define portfolio performance for the next decade. Move too slowly and you’re handing the advantage to every competitor who didn’t. Move without discipline and you’re betting the portfolio on a foundation that hasn’t been proven. The firms that win will be the ones who understood that distinction early enough to do something about it.

About IBM 

IBM is a leading provider of global hybrid cloud and AI, and consulting expertise. We help clients in more than 175 countries capitalize on insights from their data, streamline business processes, reduce costs and gain the competitive edge in their industries. Thousands of governments and corporate entities in critical infrastructure areas such as financial services, telecommunications and healthcare rely on IBM’s hybrid cloud platform and Red Hat OpenShift to affect their digital transformations quickly, efficiently and securely. IBM’s breakthrough innovations in AI, quantum computing, industry-specific cloud solutions and consulting deliver open and flexible options to our clients. All of this is backed by IBM’s long-standing commitment to trust, transparency, responsibility, inclusivity and service. Visit www.ibm.com for more information.

Media contact: 

IBM
Lily O’Brien
lilyobrien@ibm.com

SOURCE IBM

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