TVS Motor Company Showcases TVS Apache RR 310 in Kenya at Bikers Family Festival

• Powered by over four decades of TVS Racing, this expands the Apache portfolio in Kenya

 

(BUSINESS WIRE) -- TVS Motor Company (TVSM), part of TVS VENU, and a reputed global manufacturer of two and three-wheelers, showcased the TVS Apache RR 310 in Kenya at the Bikers Family Festival. The two-day festival in Nairobi had over 2,500 bikers and family members in attendance and celebrated the community and the connections within families through a day filled with adventure and enjoyment.

The experience also brought together leading automotive and lifestyle media representatives, riding groups, TVS Apache customers and dealers from across the country. It highlighted that while bikes bring people together, it is the community that truly enhances the biking experience.

A significant milestone in TVSM’s premium motorcycle journey in the country, the launch of this flagship supersport motorcycle enters one of the most dynamic and rapidly evolving motorcycle markets of East Africa. Following the positive market response to the TVS Apache RTR 180, the introduction of TVS Apache RR 310 further expands the portfolio, catering to riders seeking race-inspired performance, advanced technology and premium styling.

Designed to deliver pure supersport performance, TVS Apache RR 310 features an aggressive fully-faired design, race-focused ergonomics for optimal control and an advanced 312.2 cc reverse-inclined DOHC engine that produces 38 PS at 9,800 rpm and a peak torque of 29 Nm at 7,900 rpm. The motorcycle is equipped with four dynamic riding modes – Track, Sport, Urban, and Rain, allowing riders to seamlessly adapt to changing riding conditions.

Segment-First Features

1. Sequential Turn Signal Lamps (TSL)

2. Cornering Drag Torque Control (RT-DSC)

Additional Features

1. Launch Control (RT-DSC)

2. Gen-2 Race Computer with Multi-Language Support

TVS Apache RR310 is now available for test ride and sale at TVSM authorised distributor Car & General showrooms:

Variant/ Colours	Price
Racing Red Base	KES 820,000
Racing Red Plus	KES 875,000
Bomber Grey Base	KES 820,000
Bomber Grey Plus	KES 875,000

About TVS Motor Company

TVS Motor Company, part of TVS VENU, is a reputed two and three-wheeler manufacturer globally, championing progress through sustainable mobility with four state-of-the-art manufacturing facilities located in India and Indonesia. TVS Motor Company endeavours to deliver the most superior customer experience across 90 countries in which we operate.

For more information: www.tvsmotor.com

 

View source version on businesswire.com: https://www.businesswire.com/news/home/20260812880341/en/

Permalink
https://aetoswire.com/en/news/1208202656717

Contacts

For further details, contact:
Kanika Mehta: kanika.mehta@tvsmotor.com

TVS Motor Company présente la TVS Apache RR 310 au Kenya, à l'occasion du Bikers Family Festival

• Fort de plus de quatre décennies d'expérience dans le domaine de la course automobile avec TVS Racing, ce projet vient compléter la gamme Apache au Kenya

 

(BUSINESS WIRE) -- TVS Motor Company (TVSM), filiale de TVS VENU et constructeur mondial réputé de deux- et trois-roues, a présenté la TVS Apache RR 310 au Kenya, à l’occasion du Bikers Family Festival. Ce festival de deux jours, qui s’est tenu à Nairobi, a rassemblé plus de 2 500 motards et leurs proches. Il a permis de célébrer l’esprit communautaire et les liens familiaux au cours d’une journée placée sous le signe de l’aventure et du plaisir.

Cet événement a également réuni des représentants des principaux médias spécialisés dans l’automobile et l’art de vivre, des groupes de motards, des clients TVS Apache ainsi que des concessionnaires venus de tout le pays. Il a mis en évidence que si les motos rassemblent les gens, c’est bien la communauté qui enrichit véritablement l’expérience de la moto.

Étape importante dans l’aventure de TVSM sur le marché des motos haut de gamme du pays, le lancement de cette moto supersport phare marque son entrée sur l’un des marchés de la moto les plus dynamiques et en pleine évolution d’Afrique de l’Est. Après l’accueil positif réservé par le marché à la TVS Apache RTR 180, l’arrivée de la TVS Apache RR 310 élargit encore la gamme, s’adressant aux motards en quête de performances inspirées de la course, de technologies de pointe et d’un style haut de gamme.

Conçue pour offrir des performances supersport pures, la TVS Apache RR 310 se distingue par un design caréné agressif, une ergonomie axée sur la course pour un contrôle optimal et un moteur DOHC à inclinaison inversée de 312,2 cm³ développant 38 PS à 9 800 tr/min et un couple maximal de 29 Nm à 7 900 tr/min. La moto est équipée de quatre modes de conduite dynamiques – Track, Sport, Urban et Rain, permettant aux motards de s’adapter en toute fluidité aux conditions de conduite changeantes.

Des fonctionnalités inédites sur le segment

1. Clignotants séquentiels (TSL)

2. Contrôle du couple de traînée en virage (RT-DSC)

Fonctionnalités supplémentaires

1. Contrôle de départ (RT-DSC)

2. Ordinateur de course Gen-2 avec prise en charge multilingue

La TVS Apache RR310 est désormais disponible à l'essai et à la vente dans les concessions Car & General, distributeurs agréés TVSM :

Variantes / Couleurs	Prix
Racing Red Base	820 000 KES
Racing Red Plus	875 000 KES
Bomber Grey Base	820 000 KES
Bomber Grey Plus	875 000 KES

À propos de TVS Motor Company

TVS Motor Company, filiale de TVS VENU, est un constructeur mondialement reconnu de deux-roues et de trois-roues, qui promeut le progrès grâce à la mobilité durable grâce à quatre sites de production à la pointe de la technologie situés en Inde et en Indonésie. TVS Motor Company s'efforce d'offrir la meilleure expérience client possible dans les 90 pays où elle est présente.

Pour plus d'informations : www.tvsmotor.com

Le texte du communiqué issu d’une traduction ne doit d’aucune manière être considéré comme officiel. La seule version du communiqué qui fasse foi est celle du communiqué dans sa langue d’origine. La traduction devra toujours être confrontée au texte source, qui fera jurisprudence.

Consultez la version source sur businesswire.com : https://www.businesswire.com/news/home/20260812025181/fr/

Permalink
https://aetoswire.com/fr/news/1308202656726

Contacts

Pour plus d'informations, veuillez contacter :
Kanika Mehta : kanika.mehta@tvsmotor.com

The Estée Lauder Companies and University of Leeds Partner to Advance the Future of Complexion Shade Matching

 

NEW YORK -

New research aims to tackle one of beauty’s most persistent challenges: accurately matching shade complexion-enhancing products to the full, diverse spectrum of global skin tones

(BUSINESS WIRE) -- The Estée Lauder Companies Inc. (NYSE: EL) today announced a research collaboration with the School of Design, University of Leeds, United Kingdom, and Dr. Kaida Xiao, a world-renowned leader in color science and visual perception. Despite significant advances in beauty innovation, finding the right foundation or concealer shade remains one of the most common consumer frustrations.

By combining advanced color science with research into how consumers perceive their own skin, this partnership aims to strengthen the development of luxury and prestige complexion-enhancing products with more precise shade matching and improved formulas. The findings could help establish new scientific benchmarks for evaluating foundation, concealer and other complexion products to deliver more natural-looking results in everyday life.

The project, led by Dr. Kaida Xiao, Professor of Color and Imaging Science at the Leeds Institute of Textiles and Color (LITAC), School of Design, University of Leeds, uses advanced psychophysical methods – ways of studying how people see and notice differences, rooted in visual perception science – to investigate how individuals perceive color undertones and detect subtle differences in color.

By examining the relationship between how color is measured by scientific instruments and human visual perception of the same colors, particularly in real-world viewing conditions, the research seeks to identify when subtle differences in tone become noticeable to consumers and when they do not. These insights will help improve how complexion products are evaluated and developed, reducing mismatches and enabling more natural-looking results.

“Delivering transformative innovation in complexion and color cosmetics begins with a deeper understanding of how consumers perceive their own skin tone,” said Claude Saliou, Senior Vice President, Advanced Technologies and Global Clinical and Consumer Sciences, The Estée Lauder Companies.

“While skin tone can be measured with increasing precision, understanding how consumers perceive their tone in the real world remains a complex scientific challenge. By partnering with the University of Leeds, a global leader in color science, we have an opportunity to better understand how consumers experience shade matching in the real world. These insights help us improve shade accuracy, develop higher-performing formulas that look more natural and consistent, and support continued innovation across our luxury and prestige portfolio. This partnership helps us prioritize inclusivity at the center of innovation, creating formulas where every consumer can find their exact, natural-looking match.”

“Skin color perception is highly complex, shaped by subtle interactions between multiple factors,” said Dr. Kaida Xiao, Professor of Color and Imaging Science, University of Leeds. “We are thrilled to collaborate with The Estée Lauder Companies, a global leader in prestige beauty recognized for its long-standing dedication to advancing skin science and its commitment to scientific excellence. This partnership brings together academic expertise and industry leadership to advance understanding in this important area of color science.”

About The Estée Lauder Companies

The Estée Lauder Companies Inc. is one of the world’s leading manufacturers, marketers, and sellers of quality skin care, makeup, fragrance, and hair care products, and is a steward of luxury and prestige brands globally. The company’s products are sold in approximately 150 countries and territories under brand names including: Estée Lauder, Aramis, Clinique, Lab Series, Origins, M·A·C, La Mer, Bobbi Brown Cosmetics, Aveda, Jo Malone London, Bumble and bumble, Darphin Paris, TOM FORD, Smashbox, AERIN Beauty, Le Labo, Editions de Parfums Frédéric Malle, GLAMGLOW, KILIAN PARIS, Too Faced, Dr.Jart+, the DECIEM family of brands, including The Ordinary and NIOD, and BALMAIN Beauty.

With Research & Innovation Centers around the world, The Estée Lauder Companies’ scientists have multidisciplinary expertise ranging from basic science and advanced technologies to the intersections of physics, chemistry, biology, and engineering. The company has 75 years of formulation authority and is deeply integrated into the scientific community, regularly presenting at leading events, publishing in peer-reviewed journals, including partnerships with leading scientists, institutions, and academia across a broad array of sectors. The Estée Lauder Companies’ Research & Innovation team consistently aims to develop the next generation of transformative, science-driven prestige beauty products, packaging, and experiences that deliver exceptional quality and performance for our consumers around the world.

The UK plays an important role in that innovation heritage. Launched in 1960, the UK was the Estée Lauder Companies’ first international market. Today, the company’s UK operations span corporate and brand offices, hundreds of points of sale and a manufacturing facility – Whitman Laboratories Ltd – which celebrated its 60th anniversary this year.

About the University of Leeds

The University of Leeds is one of the largest higher education institutions in the UK, with more than 40,000 students from about 140 different countries. The university is renowned globally for the quality of our teaching and research. The University of Leeds is a values-driven university and harnesses its expertise in research and education to help shape a better future for humanity, working through collaboration to tackle inequalities, achieve societal impact and drive change. The University is a member of the Russell Group of research-intensive universities, and is a major partner in the Alan Turing, Rosalind Franklin and Royce Institutes.

The School of Design was established in 1874 and has evolved into a globally renowned institution at the University of Leeds. Today, that legacy of applied science and creativity is supported by a robust community of over 100 academics and research fellows. Its profound impact is further cemented by the Leeds Institute of Textiles and Color (LITAC), an interdisciplinary research institute established within the School through a significant £21.1 million co-investment from The Clothworkers’ Company and the University.

ELC-C

 

View source version on businesswire.com: https://www.businesswire.com/news/home/20260814256032/en/

Permalink

https://aetoswire.com/en/news/1408202656757

Contacts

News Contacts:

Global Media: Brendan Riley

briley@estee.com

767 Fifth Avenue

New York, NY 10153

UK Media: Maria Allen

maallen@estee-lauder.co.uk

6 Mortimer Street

London W1T 3JJ

Paysafe Becomes Envision Racing Title Partner to Build the Future of Fan Engagement; Where Motorsport, Gaming and Payments Become One

 LONDON -

New alliance will turn Formula E fans into participants, connecting race weekends, gaming and rewards through Paysafe's global payments network, with the team entering the new Gen4 era as Paysafe Envision Racing

(BUSINESS WIRE) -- Paysafe (NYSE: PSFE), a leading payments platform, today announced a title partnership with Envision Racing, one of Formula E's most successful and innovative teams, heralding a new era as Paysafe Envision Racing. Together, the two companies will power the future of connected fan experiences, uniting world-class motorsport, gaming and digital payments into the most engaging, rewarding and sustainable fan ecosystem in sport.

The partnership is built on a simple idea: fans shouldn't have to choose between watching the action and being a part of it. From the grid to gaming, esports arenas to exclusive rewards, Paysafe and Envision Racing will create one connected journey where every interaction brings fans closer to the team and unlocks something new.

Formula E is one of the fastest-growing motorsport properties in the world, built around exactly the audience Paysafe serves: digitally native fans who move fluidly between live sport, gaming, creator content and digital commerce. With the Gen4 era set to redefine electric racing through faster cars, greater performance and an even more compelling spectacle, Formula E is entering its most transformative chapter yet. Through Formula E's global stage, Paysafe will put Skrill, PaysafeCard, PaysafeWallet, PagoEfectivo, and its full portfolio of consumer payment brands in front of over 560 million TV viewers across the globe; as the infrastructure powering how they play, compete and connect.

That ambition is backed by three decades of experience built for exactly this moment. Paysafe brings expertise in gaming and digital entertainment payments, a network of more than 1 million retailers, 19 million annual active users, regulatory and risk infrastructure spanning over 100 countries, and more than 100 banking partners worldwide. Few companies can combine that scale of trust with the speed this partnership demands.

Under the partnership, Paysafe and Envision Racing will explore a shared roadmap of fan-first innovations; esports tournaments, sim-racing competitions, exclusive VIP race experiences, gaming activations, digital wallet integrations and rewards programs, all designed around a single ambition: turning spectators into participants.

Bruce Lowthers, CEO of Paysafe said: "Envision Racing gives us a stage to reach a global audience that lives at the intersection of sport, gaming and technology, and that's exactly where Paysafe is built to play. This partnership will build something fans haven't seen before; one ecosystem where racing, gaming and rewards come together, and where Skrill, PaysafeCard, PaysafeWallet and PagoEfectivo become part of how a new generation of fans engage with the sport they love. We’re proud to partner with a team that shares our passion for innovation and redefining what’s possible for fans.”

Franz Jung, CEO & Chairman of the Board of Envision Racing and VP Envision Energy said: Envision Energy is delighted to have such a wonderful global brand like Paysafe joining Envision as Title Partners of the team. We’re really excited to see where the two businesses can drive this racing team. We’re incredibly proud of our achievements on and off track and we know that Paysafe will be supporting us in the next evolution as we enter GEN4.”

Sylvain Filippi, Managing Director and CTO of Envision Racing, said: “Paysafe joining us as Title Partner is a huge moment for the team. They’re a genuine global player with a presence across gaming, entertainment, and payments that aligns closely with Formula E’s global fanbase. We are building the foundations of a very successful fan programme - we are going to enjoy our journey with Paysafe to bring our unique positioning in sport to more people globally and to continue driving awareness and understanding in how this team is committed to supporting a healthier planet. We’ve got some brilliant plans in motion together, and the start of Season 13 in the new GEN4 car is just the beginning.”

The partnership launch will be marked with a series of activations across the London E-Prix on August 15–16 and beyond, with a livery launch expected in October and larger activations across Season 13.

About Paysafe

Paysafe is a global payments platform powering the experience economy, with a strong focus on the iGaming, video gaming, e-commerce, online trading, retail, travel and hospitality sectors. With 30 years of expertise in payment technology, Paysafe helps businesses and consumers lift every experience through seamless, secure payment solutions, including card payments, digital wallets such as Skrill, eCash solutions like PaysafeCard, and a suite of local payment methods. With approximately 2,800 employees across 12 countries and annualized transactional volume of $167 billion in 2025, Paysafe connects people and businesses worldwide through innovative digital payment experiences.

About Envision Racing

Envision Racing is one of the founding and most successful teams in the ABB FIA Formula E World Championship and the 2022/2023 Formula E Teams’ World Champions. Owned by Envision, the team has sustainability embedded in its DNA and was created with one simple purpose: to accelerate the transition to green technologies to secure a sustainable future.

Both on and off the track, Envision Racing uses the global platform of Formula E to accelerate innovation and inspire positive climate action. Through its Race Against Climate Change™ programme - including initiatives such as Sustainable Chain - the team mobilises fans, partners and communities around the world to take meaningful action for people and planet.

For more information, visit www.envision-racing.com

About Envision

Envision is the world’s leading green technology company, and a global leader in future energy systems. With the mission of “solving challenges for humanity’s sustainable future” and the vision “to create a new prosperity for civilization,” Envision has pioneered the AI power system and is committed to building a sustainable, intelligent and inexpensive energy foundation.

Envision’s portfolio includes Envision Energy, an energy system company specializing in smart wind turbines, energy storage, and green hydrogen solutions; and Envision AESC, a global leader in the development and manufacturing of high-performance batteries.

Envision continues to drive wind power and energy storage to become the “new coal,” and power batteries, green hydrogen, green ammonia, green methanol, and sustainable aviation fuel (SAF) to become the “new oil,” while building a renewable energy-based “new grid” powered by physical AI.

Envision operates across China, Germany, France, the UK, Spain, Denmark, the UAE, India, Vietnam, Indonesia, Australia, the US, Japan, Mexico, Argentina, and Chile. It has established over 30 R&D and operations centers, along with more than 100 manufacturing bases worldwide.

Envision was named one of MIT Technology Review’s “2025 Climate Tech Companies to Watch” and honored with “AI for Sustainability Excellence” at Reuters Global Sustainability Awards 2025. It was also recognized as a “Green Giant” in 2024 “TIME 100 Most Influential Companies” list, and as an “Energy Innovator” in Fortune’s 2024 “Change the World” list for its major innovations in net zero industrial parks and full-stack green hydrogen technology, marking its second appearance one the list following its inclusion in 2021.

 

View source version on businesswire.com: https://www.businesswire.com/news/home/20260814738341/en/

Permalink

https://aetoswire.com/en/news/1408202656754

Contacts

Media Contacts

Paysafe Press Office

PR@Paysafe.com

Milliman names Jim Fulton next CEO

 Fulton to assume CEO role in October after 11 years as CFO

 

(BUSINESS WIRE)--Milliman, Inc., a leading global actuarial and consulting firm, today announced that Jim Fulton has been named Milliman’s next Chief Executive Officer. Fulton has served as Milliman’s Chief Financial Officer since 2015 and has been a leader driving the firm’s organic growth and M&A strategy.

Fulton’s appointment reflects Milliman’s evolution from an actuarial firm to a multidisciplinary consultancy, risk management, and technology solution provider. His expertise includes stints with Big 4 accounting and private equity-owned firms as well as technology startups. Fulton’s complementary perspective has helped fuel Milliman’s emergence as a data and technology firm that continues to be the gold standard in actuarial consulting.

“Jim Fulton is the ideal leader as Milliman continues to grow and change in this complex and evolving environment,” said Milliman Chair Bret Linton. “Jim knows Milliman and has been integral in our growth over the last decade. He lives our mission of serving our clients to protect the health and financial well-being of people everywhere.”

Fulton has spent over 30 years as an executive and Certified Public Accountant (US), leading teams across technology and professional service firms. He began his career at PwC, where he spent 12 years as part of the assurance practice. From 2002 to 2011, Fulton was the chief financial officer and a partner at Crowe, a top US accounting firm. From 2011 to 2015, Fulton worked for a small venture capital firm at the University of Notre Dame’s Innovation Park, helping launch tech and data analytic startups. Fulton is a graduate of Indiana University in Bloomington, Indiana.

“Milliman continues to be the trusted advisor to our clients, who look to us for deep expertise and data-driven solutions,” said Jim Fulton. “In the 11 years I’ve served as the firm’s financial leader I’ve come to know Milliman’s remarkable people. I’ve seen how our talent and commitment to clients continue to be our differentiator. I’m looking forward to helping shape Milliman’s future as we continue to grow and evolve.”

Fulton succeeds Dermot Corry, who is retiring after completing a five-year term as CEO and a 44-year career. During Corry’s tenure, Milliman continued its growth, made nine acquisitions, and diversified its mix of data resources, sophisticated analytics, and deep expertise.

“Milliman is a unique organization, with a commitment to independence and quality that attracts brilliant minds and cultivates innovation,” said Dermot Corry. “It has been an honor to serve as CEO of Milliman. I couldn’t be more excited for Jim as he assumes the CEO role. I wish him the best and know that Milliman will be in good hands.”

About Milliman

Milliman leverages deep expertise, actuarial rigor, and advanced technology to develop solutions for a world at risk. We help clients in the public and private sectors navigate urgent, complex challenges, from extreme weather and market volatility to financial insecurity and rising health costs—so they can meet their business, financial, and social objectives. Our solutions encompass insurance, financial services, healthcare, life sciences, and employee benefits. Founded in 1947, Milliman is an independent firm with offices in major cities around the globe. Visit us at milliman.com.

 

View source version on businesswire.com: https://www.businesswire.com/news/home/20260811027168/en/

Permalink

https://www.aetoswire.com/en/news/1308202656744

Contacts

Jeremy Engdahl-Johnson

Milliman, Inc.

Tel: +1 646.473.3021

Jeremy.engdahl-johnson@milliman.com.

 

Unimed Expands Maritime Healthcare Platform with Growing Adoption of Telemed Plus

 ATHENS, Greece - 

New agreement with Bahri builds on longstanding relationship and underscores growing demand for integrated telemedicine and crew healthcare solutions

(BUSINESS WIRE) -- Universal Maritime Solutions (“Unimed” or “the Company”), a leading provider of maritime healthcare, medical supply, and crew wellbeing solutions and a portfolio company of ZCG Private Equity, the private equity fund management platform of Z Capital Group, LLC (“ZCG”), today announced that Bahri, one of the Middle East’s leading maritime operators, has expanded its relationship with Unimed by enrolling in its Telemed Plus premium service.

The agreement builds on a longstanding relationship between the companies through Unimed’s MedScale medical supply and medical chest management program and marks another important milestone in the continued rollout of Unimed’s Telemed Plus platform, launched in 2024. The expansion underscores the growing adoption of Unimed’s integrated healthcare platform by leading global maritime operators while demonstrating the increasing value of its subscription-based services and supporting the Company’s broader strategy of expanding its healthcare and compliance offerings worldwide.

“When we launched Telemed Plus, our vision was to create a more connected, proactive approach to maritime healthcare,” said Jules Nasso, Senior Vice President, Commercial at Unimed. “The expansion of our relationship with Bahri demonstrates how that vision is translating into meaningful customer adoption. As operators increasingly look for integrated healthcare and compliance solutions, we’re continuing to expand our platform to help improve crew wellbeing, support operational efficiency, and deliver greater value through our subscription-based services.”

Through Telemed Plus, Bahri’s crews will have access to 24/7 clinical support from Unimed’s healthcare professionals based in Athens, Greece, along with proactive crew healthcare management, pre-embarkation medical examinations, and real-time visibility into onboard medical inventories. By integrating clinical expertise with live inventory management and Unimed’s global distribution network, the service enables vessels to address many routine medical needs onboard while helping reduce unnecessary shoreside medical visits and associated operational disruption.

The agreement further reinforces Unimed’s continued evolution beyond traditional medical supply services into a broader maritime healthcare platform. Through a recent acquisition, the Company is also expanding its capabilities in crew compliance services, including drug and alcohol testing, complementing its growing portfolio of healthcare solutions for commercial and cruise vessel operators.

With customers spanning Europe, Asia, the Americas, and now the Middle East, the partnership with Bahri further strengthens Unimed’s international footprint and reflects growing demand for integrated healthcare solutions that support crew wellbeing, operational efficiency, and vessel readiness.

About Unimed

Unimed is the industry leader in medical supply, equipment and oxygen distribution to global maritime industries, specializing in the delivery of integrated healthcare and compliance solutions to clients worldwide.

Unimed is a portfolio company of ZCG Private Equity, the private equity fund management platform of ZCG (www.zcg.com).

For more information, please visit www.universalmarinemedical.com.

About ZCG

ZCG is a leading, privately held global firm comprised of private markets asset management, business consulting services, and technology development and solutions.

For almost 30 years, ZCG Principals have invested tens of billions of dollars of capital. ZCG has a global team comprised of approximately 250 professionals. ZCG is headquartered in New York, with eight affiliated offices, across six countries. For more information on ZCG, please visit www.zcg.com.

You can also learn more about ZCGC, the business consulting services platform of ZCG, at www.zcgc.com, and explore ZCG’s technology affiliate, Haptiq, at www.haptiq.com.

 

View source version on businesswire.com: https://www.businesswire.com/news/home/20260813787745/en/

Permalink

https://www.aetoswire.com/en/news/1308202656738

Contacts

Media Contact

ZCG Media & Global Communications

Tel. 212-595-8400

zcgmedia@zcg.com

Lenovo Group: Q1 Financial Results 2026/27

 HONG KONG - 

Lenovo delivers strongest quarter in Group history: Hybrid AI strategy powers growth momentum

(BUSINESS WIRE) -- Lenovo Group Limited (HKSE: 992) (ADR: LNVGY), together with its subsidiaries (‘the Group’), today reported first quarter results for fiscal year 2026/27, marking the highest quarterly revenue growth in the past five years and the strongest quarter in the Group’s history. During the quarter, overall Group revenue reached an all-time quarterly high of US$26.9 billion, up 43% year-on-year, with all business groups delivering record first-fiscal-quarter revenue and operating profit. Adjusted net income[1] was up 176% year-on-year to US$1.1 billion, surpassing the US$1 billion milestone for the first time ever, with adjusted net margin improvements of almost two percentage points year-on-year supported by higher revenue scale and continued efficiency gains. AI-related revenue[2] grew 60% year-on-year to US$9.3 billion, accounting for 35% of total Group revenue in Q1. The Group continues to invest in innovation with R&D expenses up 30% year-on-year.

The first quarter results demonstrate the Group’s ability to translate its Hybrid AI strategy into tangible business performance, building on its leadership in PCs and smart devices while rapidly establishing Lenovo as a global leader in AI solutions and infrastructure. In particular, the record performance of the Infrastructure Solutions Group (ISG) demonstrated its clear role as a key engine of both growth and profitability for Lenovo. The quarter also saw Lenovo deliver AI solutions and services at scale for the FIFA World Cup 2026™, as FIFA’s Official Technology Partner. Spanning three countries, 16 cities, 48 teams, and 104 matches, Lenovo provided the devices, infrastructure, services, solutions and AI-powered innovation that helped support FIFA operations, global broadcasts, team analysis, officiating technology and fan experiences at massive scale. In addition, the partnership created a powerful platform for customer engagement, is accelerating commercial opportunities, and is elevating Lenovo’s global brand as an AI leader. The Group’s operational resilience was a key competitive advantage during the quarter. Lenovo’s scale, Global/Local supply chain, strong supplier relationships, and end-to-end operating model enabled it to anticipate and manage supply constraints and cost pressures effectively - turning industry-wide disruption into an opportunity to strengthen its competitive position.

Chairman and CEO quote – Yuanqing Yang:

“Following Lenovo's best year in history, we have now delivered our strongest quarter ever – with growth accelerating, profitability further improving, and AI emerging as a clear growth engine across every business group. Building on our leadership in PCs and Smart Devices, we are proud of our rapid emergence as a global leader in AI and Infrastructure – a clear validation of our strategic foresight. Powered by our Hybrid AI strategy, operational excellence, and relentless innovation, Lenovo is not only navigating market cycles but also seizing initiatives to win. We are confident in our ability to drive sustainable, long-term growth and deliver greater value for our shareholders.”

Financial Highlights:

 

Q1 FY 26/27

US$ millions

Q1 FY 25/26

US$ millions

Change

 

Group Revenue

26,943

18,830

43%

Adjusted Net Income (profit attributable to equity holders – non-HKFRS) [1]

1,075

389

176%

R&D expense

682

524

30%

Q1 results:

Intelligent Devices Group (IDG):

Revenue for IDG increased 27% year-on-year to record first fiscal quarter revenue of US$17.1 billion, with revenue from PCs and smart devices up nearly 30% year-on-year. Industry-leading operating margin was well maintained at 7.1% reflecting operational excellence, supply chain resilience, and continued innovation.

Global PC market share leadership was further strengthened, reaching 24.2% and extending Lenovo’s lead over the #2 player to more than five percentage points, with the gap widening on a year-on-year basis for the 10th consecutive quarter. Lenovo continues to be the global #1 in AI PCs, with AI PC market share increasing to 25.1%.

Tablet revenue surged by more than 80% year-on-year, and the smartphone business delivered its best fiscal first quarter revenue, up 15% year-on-year.

Infrastructure Solutions Group (ISG):

ISG revenue nearly doubled (up 98% year-on-year) to a record quarterly revenue of US$8.5 billion. Operating profit reached a record US$777 million, driving operating margin to an all-time high of 9.1%.

The results reflect continued investment in cloud, edge, AI and particularly AI inferencing, enabling ISG to capture the booming token economy and empower customers with agentic AI transformation.

ISG is seeing extraordinary growth across both Cloud Service Provider (CSP) and Enterprise and SMB (ESMB) segments with revenue for both almost doubling year-on-year.

In traditional compute, Lenovo rose to #2 globally in x86 server revenue. In AI compute, the AI server pipeline expanded to US$54 billion, up 157% quarter-on-quarter driven by accelerating AI infrastructure momentum and a rapidly expanding customer base.

Solutions and Services Group (SSG):

SSG delivered its highest ever quarterly revenue of US$2.9 billion, up 28% year-on-year, with operating profit increasing 39% year-on-year to US$697 million, and operating margin expanding to a record 24.2%, reflecting disciplined execution and continued expansion into higher-value AI, managed services and solutions offerings.

AI services revenue grew at triple-digit year-on-year, driven by accelerating customer adoption of AI Factory and AI Library solutions as customers moved from AI experimentation to production deployments.

Managed Services and Projects and Solutions together accounted for over 62% of SSG’s revenue, reaching a new high, supported by a strong multi-quarter backlog and growing demand for outcome-based AI solutions.

TruScale continues to be a key growth driver, growing 35% year-on-year. Solutions tailored to vertical industries such as sports, manufacturing, retail, and beyond contributed 50% revenue growth in Projects and Solutions.

During the quarter, SSG continued to outperform the market, growing at nearly twice the market growth rate, demonstrating its strategic position in the fast-growing segments defined by AI solutions and services.

Corporate highlights

Achievements, announcements, and notable commitments over the past quarter include:

Lenovo announced strong progress against its first generation of long-term enterprise-wider ESG aspirations, with measurable gains in climate action, circular economy, social impact, and governance, while reinforcing responsible innovation in the AI era and Lenovo’s continued commitment to ESG programs with the announcement of a new set of sustainability aspirations.

Lenovo has once again been ranked in the Gartner® Supply Chain Top 25 for 2026, achieving its highest-ever ranking at fifth globally. Now in its 22nd year, the Gartner Supply Chain Top 25 identifies, celebrates, and profiles excellence in supply chain management. Lenovo ranked eighth in 2025, 10th in 2024, and eighth in 2023.

Lenovo climbed 43 places to #153 in Fortune’s annual Global 500 List, making it the highest ranking in the company’s history and one of the most significant advances in recent years.

Building on its Global/Local model, Lenovo expanded its North Carolina Smart Campus, adding meaningful new server manufacturing capacity to capture rising demand from hyperscalers and enterprise customers. The expansion builds on its longstanding presence in North Carolina and further strengthens the Group’s footprint of 30+ factories in 11 markets around the world.

Lenovo achieved its highest-ever score in the Workplace Pride Global Benchmark, reaching 93.7% in 2026 and earning ‘Advocate’ status for the first time. The score reflects steady progress in recent years, with Lenovo now ranking in the top tier across every area measured, from policy and communications to employee networks, benefits, and societal impact.

[1] Note on adjusted net income: Adjusted measure was defined as financial metric by excluding net fair value changes on financial assets at fair value through profit or loss, amortization of intangible assets resulting from mergers and acquisitions, merger and acquisitions related charges, impairment and write-off of intangible assets, property, plant and equipment and construction-in-progress, fair value change on derivative financial liabilities relating to warrants, notional interest on convertible bonds, and impairment of interests in associates; and the corresponding income tax effects, if any.

[2] Note on AI-related revenue: AI Devices: PCs and Smartphones equipped with NPU; AI Servers: GPU Servers; AI Services: Services that enable customer to build, scale & manage AI.

About Lenovo

Lenovo is a US$83 billion revenue global technology powerhouse, ranked #153 in the Fortune Global 500, and serving millions of customers every day in 180 markets. Guided by its vision of “Smarter Technology for All”, Lenovo is executing a Hybrid AI strategy that spans Personal AI – one personal AI, multiple devices; and Enterprise AI – helping customers turn data into insights and value. This strategy is delivered through the Group’s commitment to world-class innovation and a full-stack AI portfolio, including devices (PCs, workstations, smartphones, tablets, accessories), infrastructure solutions (server, storage, edge, high performance computing and software defined infrastructure), as well as software, solutions, and services. With a global footprint spanning more than 20 research and development locations and a global supply chain that includes more than 30 manufacturing sites across 11 markets, Lenovo is widely recognized for its operational excellence. Lenovo is listed on the Hong Kong stock exchange under Lenovo Group Limited (HKSE: 992) (ADR: LNVGY). Learn more at www.lenovo.com and follow the latest news in our newsroom.