Board And GovernanceSupport from proxy advisors and shareholders for Mantle Ridge's Board Nominees increases the likelihood of changes that could benefit APD.
EarningsAPD announced preliminary FY1Q25 results ahead of prior company guidance and the Street, which reinforces APD's view that the company is exceeding expectations on an earnings and execution basis.
Growth StrategyEfforts to address shareholder concerns, including suspending projects and focusing on clean hydrogen with better risk tolerance, are anticipated to improve returns significantly.