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Geelong, Australia, March 08, 2024 (GLOBE NEWSWIRE) — Carbon Revolution plc (NASDAQ: CREV) (the “Company”), a Tier 1 OEM supplier and the world’s leading manufacturer of lightweight advanced technology automotive carbon fiber wheels is pleased to announce that its Chief Executive Officer Jake Dingle, Chief Financial Officer Gerard Buckle and Commercial Director Nick Batchelor plan to attend the Sidoti Small Cap Virtual Conference on March 13-14, 2024.
Management will be in attendance on Wednesday, March 13, 2024 at 4:00 PM ET/1:00 PM PT and will host virtual one-on-one meetings both days. The briefing will be webcast and replayed for 90 days at https://sidoti.zoom.us/webinar/register/WN_xkrVJ8goTearl3Xtudeltg.
Additional presentations will follow from Daniel Zlotnitsky, Head of Investor Relations at Carbon Revolution.
The March Small Cap Virtual Conference is one of Sidoti’s longest-running and best-attended annual events. The conference combines corporate presentations with opportunities for investors to meet one-on-one with management. All investors are welcome, including Sidoti customers and non-customers. Please register here to attend the conference and receive updates.
The event comes after the company reported preliminary fiscal second-quarter results that topped previous expectations, with revenue rising 177% year-over-year to $14.8 million.1. For the year ended December 31, 2023, revenue grew 42% to $40.3 million.
This strong sales performance highlights the company’s leadership in innovation and the growing demand for Carbon Revolution’s pioneering lightweight carbon fiber wheels. For more details on the company’s preliminary second quarter revenue results, click here.
Attendees wishing to schedule a one-on-one meeting should email Carbon Revolution Director of Investor Relations Daniel.Zlotnitsky@CarbonRev.com.
You can find the company’s most recent (February 29, 2024) investor presentation here.
About Carbon Revolution Ltd.
Carbon Revolution plc (NASDAQ: CREV) is the parent company of Australian technology company Carbon Revolution Limited, which has successfully achieved innovation, commercialization and industrialization of advanced manufacturing of carbon fiber wheels for the global automotive industry. The company has grown from a single prototype to designing and manufacturing lightweight wheels for sedans and SUVs in the high-performance, premium and luxury segments for the world’s most prestigious automotive brands. Carbon Revolution is creating a significant and sustainable advanced technology business, supplying its lightweight wheel technology to car manufacturers around the world.
For more information, visit carbonrev.com
forward-looking statements
All statements in this communication other than statements of historical fact are forward-looking statements. Forward-looking statements can generally be identified by the use of words such as “believe,” “may,” “will,” “estimate,” “continue,” “expect,” “intend,” “expect,” and “should.” ” “would”, “plan”, “project”, “forecast”, “forecast”, “potential”, “seem to”, “seek”, “future”, “outlook”, “goal” or other similar expressions (or The negative form of such words or expressions) predict or indicate future events or trends, or are statements that are not historical events. These forward-looking statements include, but are not limited to, statements regarding the Company’s future financial performance, business strategies, financing and expectations. These statements are based on various assumptions (whether or not stated in this communication) and the current expectations of Carbon Revolution’s management and are not predictions of actual performance. These forward-looking statements are for illustrative purposes only and are not intended to serve as guarantees, guarantees, predictions or express statements of fact or probability for any investor, and must not be relied upon by any investor. Actual events and circumstances are difficult or impossible to predict and may differ from such assumptions, and such differences may be material. Many actual events and circumstances are beyond the control of the carbon revolution.
These forward-looking statements are subject to a number of risks and uncertainties, including (i) changes in domestic and foreign business, market, financial, political and legal conditions; (ii) Carbon Revolution’s ability to obtain financing, equity, debt or convertible debt financing the ability to fund our operations on favorable terms or at all, (iii) the ability to maintain the listing of Carbon Revolution securities on the stock exchange; (iv) the failure to realize the expected benefits of business combinations and related party transactions; (v) business combinations with risks related to the uncertainty of related costs; (vi) risks related to the launch of Carbon Revolution’s business strategy and the timing of expected business milestones; (vii) the impact of competition on Carbon Revolution’s future business and the development and management growth of the combined company , the ability to establish and maintain relationships with customers and healthcare professionals and retain its management and key employees; (viii) risks related to our ability to meet financial covenants and other key covenants under our existing financing arrangements, (ix ) risks related to domestic and international political and macroeconomic uncertainties, including the Russia-Ukraine and Israel-Hamas conflicts; (x) the outcome of any legal proceedings that may be instituted in response to Carbon Revolution; (xi) global COVID-19 The impact of the pandemic and government responses on any of the above risks; (xii) risks associated with the Carbon Revolution industry; (xiii) changes in laws and regulations; (xiv) factors discussed in Carbon Revolution’s filings with the SEC, including 20 – Shell reports in Form F.
If any of these risks materialize, or if Carbon Revolution’s assumptions prove incorrect, actual results may differ materially from those implied by these forward-looking statements. There may also be other risks that Carbon Revolution is not currently aware of or that Carbon Revolution currently considers to be immaterial, which could also cause actual results to differ from those contained in the forward-looking statements. In addition, forward-looking statements reflect Carbon Revolution’s expectations, plans or predictions about future events and its views as of the date of this press release. Carbon Revolution It is expected that subsequent events and developments will lead to changes in the assessment of Carbon Revolution. However, while Carbon Revolution may elect to update these forward-looking statements at some point in the future, Carbon Revolution specifically disclaims any obligation to do so except as required by applicable law. These forward-looking statements should not be relied upon as representing Carbon Revolution’s assessment as of any date subsequent to the date of this press release. Accordingly, undue reliance should not be placed on forward-looking statements.
For more information please contact:
investor
investors@carbonrev.com
media
media@carbonrev.com
1 For convenience, all U.S. dollar figures are converted to U.S. dollars at 0.7 and are unaudited.
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