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Lotus set for a new start under Chinese owner after years of decline

The British sports-car brand Lotus, born from motorsport, has gone through several ownership changes and a failed IPO despite iconic models. Previous owners failed to transform it into a luxury marque and left behind financial and operational problems. Now hopes rest with the Chinese owner, who is trying to stabilize the brand and save the icon. » Plus sur welt.de
Lotus to cut 550 UK jobs and pause Hethel production amid tariff-driven uncertainty

Lotus will cut up to 550 roles in the UK, around 42% of its local workforce, as part of a restructuring to address falling sales, cash shortages and uncertainty from US tariffs. The Geely-owned firm says it remains committed to manufacturing at its Hethel, Norfolk plant and aims to restart production in early September while exploring diversification and third-party manufacturing. » Plus sur theguardian.com
Lotus faces calls for clarity on future of Hethel factory and 1,300 jobs

Lotus is under pressure from local MP Ben Goldsborough to clarify the future of its Hethel factory and the security of 1,300 jobs, following reports that owner Geely may consider closing the site. While Lotus has stated it has no plans to close any factory, it is exploring strategic options to enhance efficiency amid industry uncertainty. The company recently announced job cuts in the UK, raising concerns about long-term sustainability and capacity at the Hethel plant. » Plus sur bbc.com
Lotus confirms commitment to UK factory amid US production speculation

Lotus has assured the UK government that it will not close its Hethel, Norfolk factory, despite considering shifting some production to the US due to tariffs. The company paused production in May to manage supply chain issues but plans to resume as US tariffs are reduced. Lotus emphasized its ongoing commitment to UK operations while exploring strategic options to enhance global competitiveness. » Plus sur theguardian.com
Lotus confirms no factory closures amid US production considerations

Lotus stated it has no plans to close any factories, despite reports it may shift production to the US due to new tariffs affecting its exports. The company temporarily suspended production in Hethel, Norfolk, but emphasized its commitment to the UK and its workforce. Lotus is actively exploring global market options as US tariffs pose challenges to its business. » Plus sur bbc.com

Données financières de l'entreprise

Au cours de la dernière année, LOTUS VENTURES INC. a réalisé un chiffre d'affaires de 1,36 M € et un bénéfice net de -1,28 M €

(EUR)	2023	YoY
Chiffre d'affaires	1,36 M	6,49 %
Bénéfice brut	-93,62 k	96,19 %
Bénéfice net	-1,28 M	64,98 %
EBITDA	-676,07 k	77,43 %

Données fondamentales

Indicateur	Valeur
Capitalisation boursière	571,88 k €
Nombre d'actions	89,97 M
Plus haut/bas sur 52 semaines	0,0286 € - 0,00318 €
Dividendes	Non
Bêta	-0,32
Ratio P/E	-0,48
Ratio PEG	-0,02
Ratio P/B	0,10
Ratio P/S	0,45

Profil de l'entreprise

Lotus Ventures Inc. se consacre à la production, à la culture et à la vente de produits à base de cannabis à usage médical au Canada. La société commercialise ses produits sous la marque Lotus Cannabis Co. Lotus Ventures Inc. a été constituée en 2007 et a son siège à Vancouver, au Canada.