Business figures for the first nine months of 2019
- Substantially positive cash flow in the third quarter
- Growth with environmental technology for sustainable production processes
- HOMAG adjusting structures and production capacities
Despite more challenging market conditions, the Dürr Group is confirming its full-year targets for order intake, sales and operating EBIT after the first nine months of 2019. Order intake rose by 3.9% to € 2,859.5 million and sales by 5.1% to € 2,874.1 million in the first nine months of 2019. At € 154.1 million, EBIT was also slightly up on the previous year (€ 153.3 million, up 0.5%), reaching the highest figure for the year in the third quarter (€ 58.9 million, up 13.6% over the previous year). Business performance in the first nine months of the year was characterized by growth in environmental technology and stable business with the automotive industry. At HOMAG, order intake from the furniture industry dropped by 12.8% due to weaker demand. In response to the structural surplus capacities in Germany, the world market leader for woodworking machinery is implementing a package of measures aimed at enhancing its efficiency. Set to generate annual savings of € 15 million by 2021 at the latest, these measures include adjustments to production capacities in Germany among other things.
Read more: http://bit.ly/2WQ5LUb
The document summarizes Dürr AG's financial results for the first quarter of 2019. Order intake and sales revenues increased year-over-year by 8.5% and 13.1% respectively. Earnings declined slightly, with operating EBIT down 3.9% and net profit down 4.4%. The outlook for 2019 remains unchanged with expected sales growth and improved earnings before extraordinary effects in a range of 7.0-7.5% margin.
Business figures for the first nine months of 2018
Dürr on course for record order intake and sales
• Project pipeline and order books amply filled: Order intake and sales could reach new full-year records in 2018
• At 6.9%, Q3 operating EBIT margin within the target corridor
• Cash flow positive in Q3
• Digital Factory developing Smart Apps for optimizing production
Bietigheim-Bissingen, November 8, 2018 – Dürr is striving for new records in order intake and sales this year. After the first nine months of 2018, order intake stood at € 2,753.2 million and could rise to around € 3,900 million by the end of the year for the first time. Sales should come to more than € 3,800 million for the year as a whole, after reaching € 2,734.1 million in the first nine months. Ralf W. Dieter, CEO of Dürr AG: “We look set to achieve a very good fourth quarter, to which all five divisions should be able to contribute. In automotive business, there are many capital spending projects in the pipeline. This particularly applies to China where we are increasingly supplying new producers of electric vehicles alongside the established OEMs.” Operating earnings and cash flow in the third quarter exceeded the previous two quarters. The operating EBIT margin reached 6.9% in the third quarter, thus coming within the target that had been announced in October for the entire year (6.8 to 7.2%). Operating cash flow and free cash flow were in positive territory in the third quarter.
For further information read our press release: https://bit.ly/2D8ClIU
Dürr AG Conference Call - preliminary figures fiscal year 2018Dürr
Dürr achieves new records for incoming orders and sales
Preliminary figures for fiscal 2018
- Incoming orders and sales increase by 5.2 % and 6.1 %, respectively, adjusted for currency fluctuations
- Service sales exceed € 1 billion for the first time
- Operating EBIT margin of 7.1 % within target range
- Operating cash flow 35.5 % above previous year’s level
- E-mobility and environmental technology as growth drivers
- Strong fourth quarter: highest levels of incoming orders and sales in company history, operating EBIT 20.2 % above Q4 2017
For further information please read our press release: http://bit.ly/2Sr25UY
Dürr AG CONFERENCE CALL PRELIMINARY FIGURES FISCAL YEAR 2017Dürr
The document summarizes preliminary figures for Dürr AG's fiscal year 2017. It reports that incoming orders, sales, and earnings were in line with or above expectations. Net income exceeded €200m for the first time. The Paint and Final Assembly Systems division launched an optimization program called FOCUS 2.0 to improve processes and costs with a goal of reaching a 6-7% EBIT margin by 2020.
Dürr AG Conference Call Results Jan - Sep 2017Dürr
Dürr achieved growth in order intake, sales and earnings in the first nine months of 2017 and is targeting record new orders of up to € 3.8 billion for the year as a whole. In like-for-like terms, i.e. adjusted for the effects of the disposal of the Dürr Ecoclean Group (industrial cleaning technology) in March 2017, order intake climbed by 7.4% to € 2,894.0 million, accompanied by a 6.2% increase in sales to € 2,677.0 million. Without the Ecoclean adjustment, order intake rose by 2.3% and sales by 2.6%. EBIT increased by 17.9% to € 214.1 million, with earnings after tax up 24.1% to € 149.7 million. At 8.0%, the EBIT margin after the first nine months was within the full-year target corridor of 7.5 to 8.25%. Following on from the muted order intake of the third quarter (€ 815.2 million), Dürr expects a stronger final quarter. Ralf W. Dieter, CEO of Dürr AG: “We are very confident of achieving our full-year targets in view of the project awards expected in the automotive industry before the end of the year combined with the continued strong demand for woodworking machinery.”
Leonardo's 1Q 2017 results presentation summarizes the company's financial performance for the first quarter of 2017. Key highlights include:
- New orders were in line with or above expectations across sectors such as helicopters, electronics, and aeronautics.
- Revenues were softer than the previous quarter due to expected lower volumes, though profitability continued to improve across sectors driven by efficiency improvements.
- Guidance for full-year 2017 is confirmed, with expectations for revenues to remain around 2016 levels and further improvements in profitability.
HeidelbergCement reported its 2018 full year results, with revenues reaching a record high of 18 billion euros. Volume increased in all business lines, and price increases were achieved in almost all markets. EBITDA was stable despite significant cost inflation and weather impacts. EPS increased 25% to 5.76 euros, driven mainly by strong performance below EBITDA. Net debt was reduced further despite higher growth capex. Portfolio optimization efforts led to close to 600 million euros in disposals in 2018. Solid EBITDA growth and further net debt reduction are expected in 2019.
This document provides a summary of Dürr Aktiengesellschaft's conference call results for the first half of 2013. It discusses incoming orders, sales revenues, order backlog, earnings, cash flow, and outlook. Key points include orders being down 7.9% year-over-year for the first half but the order backlog remaining strong. Gross margins and earnings increased in the first half compared to the previous year. Cash flow improved significantly in the second quarter. The project pipeline and order intake are expected to remain solid for the rest of 2013 and into 2014.
The document summarizes Dürr AG's financial results for the first quarter of 2019. Order intake and sales revenues increased year-over-year by 8.5% and 13.1% respectively. Earnings declined slightly, with operating EBIT down 3.9% and net profit down 4.4%. The outlook for 2019 remains unchanged with expected sales growth and improved earnings before extraordinary effects in a range of 7.0-7.5% margin.
Business figures for the first nine months of 2018
Dürr on course for record order intake and sales
• Project pipeline and order books amply filled: Order intake and sales could reach new full-year records in 2018
• At 6.9%, Q3 operating EBIT margin within the target corridor
• Cash flow positive in Q3
• Digital Factory developing Smart Apps for optimizing production
Bietigheim-Bissingen, November 8, 2018 – Dürr is striving for new records in order intake and sales this year. After the first nine months of 2018, order intake stood at € 2,753.2 million and could rise to around € 3,900 million by the end of the year for the first time. Sales should come to more than € 3,800 million for the year as a whole, after reaching € 2,734.1 million in the first nine months. Ralf W. Dieter, CEO of Dürr AG: “We look set to achieve a very good fourth quarter, to which all five divisions should be able to contribute. In automotive business, there are many capital spending projects in the pipeline. This particularly applies to China where we are increasingly supplying new producers of electric vehicles alongside the established OEMs.” Operating earnings and cash flow in the third quarter exceeded the previous two quarters. The operating EBIT margin reached 6.9% in the third quarter, thus coming within the target that had been announced in October for the entire year (6.8 to 7.2%). Operating cash flow and free cash flow were in positive territory in the third quarter.
For further information read our press release: https://bit.ly/2D8ClIU
Dürr AG Conference Call - preliminary figures fiscal year 2018Dürr
Dürr achieves new records for incoming orders and sales
Preliminary figures for fiscal 2018
- Incoming orders and sales increase by 5.2 % and 6.1 %, respectively, adjusted for currency fluctuations
- Service sales exceed € 1 billion for the first time
- Operating EBIT margin of 7.1 % within target range
- Operating cash flow 35.5 % above previous year’s level
- E-mobility and environmental technology as growth drivers
- Strong fourth quarter: highest levels of incoming orders and sales in company history, operating EBIT 20.2 % above Q4 2017
For further information please read our press release: http://bit.ly/2Sr25UY
Dürr AG CONFERENCE CALL PRELIMINARY FIGURES FISCAL YEAR 2017Dürr
The document summarizes preliminary figures for Dürr AG's fiscal year 2017. It reports that incoming orders, sales, and earnings were in line with or above expectations. Net income exceeded €200m for the first time. The Paint and Final Assembly Systems division launched an optimization program called FOCUS 2.0 to improve processes and costs with a goal of reaching a 6-7% EBIT margin by 2020.
Dürr AG Conference Call Results Jan - Sep 2017Dürr
Dürr achieved growth in order intake, sales and earnings in the first nine months of 2017 and is targeting record new orders of up to € 3.8 billion for the year as a whole. In like-for-like terms, i.e. adjusted for the effects of the disposal of the Dürr Ecoclean Group (industrial cleaning technology) in March 2017, order intake climbed by 7.4% to € 2,894.0 million, accompanied by a 6.2% increase in sales to € 2,677.0 million. Without the Ecoclean adjustment, order intake rose by 2.3% and sales by 2.6%. EBIT increased by 17.9% to € 214.1 million, with earnings after tax up 24.1% to € 149.7 million. At 8.0%, the EBIT margin after the first nine months was within the full-year target corridor of 7.5 to 8.25%. Following on from the muted order intake of the third quarter (€ 815.2 million), Dürr expects a stronger final quarter. Ralf W. Dieter, CEO of Dürr AG: “We are very confident of achieving our full-year targets in view of the project awards expected in the automotive industry before the end of the year combined with the continued strong demand for woodworking machinery.”
Leonardo's 1Q 2017 results presentation summarizes the company's financial performance for the first quarter of 2017. Key highlights include:
- New orders were in line with or above expectations across sectors such as helicopters, electronics, and aeronautics.
- Revenues were softer than the previous quarter due to expected lower volumes, though profitability continued to improve across sectors driven by efficiency improvements.
- Guidance for full-year 2017 is confirmed, with expectations for revenues to remain around 2016 levels and further improvements in profitability.
HeidelbergCement reported its 2018 full year results, with revenues reaching a record high of 18 billion euros. Volume increased in all business lines, and price increases were achieved in almost all markets. EBITDA was stable despite significant cost inflation and weather impacts. EPS increased 25% to 5.76 euros, driven mainly by strong performance below EBITDA. Net debt was reduced further despite higher growth capex. Portfolio optimization efforts led to close to 600 million euros in disposals in 2018. Solid EBITDA growth and further net debt reduction are expected in 2019.
This document provides a summary of Dürr Aktiengesellschaft's conference call results for the first half of 2013. It discusses incoming orders, sales revenues, order backlog, earnings, cash flow, and outlook. Key points include orders being down 7.9% year-over-year for the first half but the order backlog remaining strong. Gross margins and earnings increased in the first half compared to the previous year. Cash flow improved significantly in the second quarter. The project pipeline and order intake are expected to remain solid for the rest of 2013 and into 2014.
This presentation summarizes the financial results of Eucatex S.A. for the third quarter of 2010. Gross revenue increased 18% year-over-year to R$248.2 million in 3Q10. Gross margin improved to 37.7% in 3Q10 from 30.7% in 3Q09. Recurring EBITDA grew significantly by 87.7% to R$39.2 million in 3Q10 compared to R$20.9 million in 3Q09, and the EBITDA margin improved to 19.8% from 12.4% over the same period. The company also launched its new T-HDF/MDF line and sold its Santa Luzia farm
Stora Enso Q1/2014 financial results, presentationStora Enso
Stora Enso reported financial results for Q1 2014 with the following key points:
- Operational EBIT increased 54% to EUR 182 million due to lower costs and depreciation. Nearly all of the EUR 200 million cost reduction program was realized ahead of schedule.
- CEO Jouko Karvinen will retire in 2014 after seven years as CEO. A successor is being sought.
- Printing and Reading improved profits by EUR 33 million through lower costs and depreciation including the closure of a paper machine.
- Guidance for the rest of 2014 expects sales and operational EBIT to remain similar to Q1 levels despite planned mill maintenance shutdowns.
- Leonardo delivered strong results in the first 9 months of 2016 despite challenging market conditions, with record new orders of €15.5 billion driven by the €7.95 billion Eurofighter contract for Kuwait.
- Profitability improved with net income more than doubling to €343 million, supported by lower financial expenses.
- The company expects continued good performance in the fourth quarter and remains on track to meet full-year guidance.
- Dürr reported strong order intake of €1.989 billion in the first half of 2016, up 10.8% compared to the first half of 2015, with a book-to-bill ratio of 1.2.
- Net profit increased 45.4% to €77.8 million in the first half due to higher gross margins and an improved financial result.
- Cash flow from operating activities was negative €84.6 million in the first half due to an increase in net working capital, particularly work in process balances.
Conference Call Fiscal Year 2016 - preliminary figuresDürr
This presentation has been prepared independently by Dürr AG (“Dürr”). The presentation contains statements which address such key issues as Dürr’s strategy, future financial results, market positions and product development. Such statements should be carefully considered, and it should be understood that many factors might cause forecast and actual results to differ from these statements. These factors include, but are not limited to, price fluctuations, currency fluctuations, developments in raw material and personnel costs, physical and environmental risks, legal and legislative issues, fiscal, and other regulatory measures. Stated competitive positions are based on management estimates supported by information provided by specialized external agencies.
Leonardo presented its 3Q/9M 2017 financial results. Helicopter division results were weaker than expected due to ongoing market and execution challenges. While Aeronautics and Defense Electronics results were broadly in line with expectations, the overall 2017 guidance was made tougher reflecting issues in Helicopters. Actions have been taken to address Helicopter issues including management changes and optimizing production processes. Overall, the company remains confident in its medium-term growth opportunities across its three key pillars of Helicopters, Defense Electronics, and Aeronautics.
Klöckner & Co - UBS Best of Germany Conference, September 17, 2013Klöckner & Co SE
- Klöckner & Co's Q2 2013 financial results showed declines in turnover, sales, and gross profit compared to Q2 2012 due to weak steel markets and ongoing restructuring efforts. The EBITDA of €43m met guidance due to cost reductions from restructuring measures.
- Turnover decreased 9.3% to €1,698m and sales decreased 13.5% to €1,690m as a result of market declines, site closures, and exiting low-margin business. However, the gross margin improved.
- Restructuring measures have significantly reduced costs and are on track to achieve the targeted annual EBITDA impact of around €160m, with €17m
Belgian economy: on the way to a sustainable but modest recoveryKBC Economics
The document summarizes the state of the Belgian economy, which is emerging from a mild recession with modest growth. While consumer confidence and private consumption are improving, unemployment is rising, especially in Flanders. Investments remain weak due to low capacity utilization in manufacturing. Exports are stagnant but foreign orders are turning around in mid-2013. Inflation is lower than in neighboring countries. Forecasts project sustainable but modest economic recovery in Belgium over 2013-2014.
Deutsche EuroShop | Conference Call Presentation - Quarterly Statement 9M 2020Deutsche EuroShop AG
- Footfall in shopping centers was approximately 78% of normal levels until end of October 2020, varying between 70-95% among centers. Tenant turnover improved to 89% of 2019 level in Q3.
- Rent collection ratio was 92% in Q3 and 96% in October. Negotiations continue with tenants regarding relief measures for the first lockdown, considering individual solutions like rent deferrals. Around 7.3% of rents were affected by tenant insolvencies since the pandemic start.
- The company has a solid cash position of €213M and recently signed two new loan contracts of €70M each. No forecast is possible for FY2020 due to the unpredictable pandemic development.
Klöckner & Co - Credit Suisse Global Steel and Mining Conference, September 1...Klöckner & Co SE
The CEO of Klöckner & Co SE presented at the Credit Suisse Global Steel and Mining Conference in London on September 19, 2013. The presentation summarized that while steel markets declined, especially in Europe, Klöckner improved its EBITDA margin through extensive restructuring measures. Over 1,800 of 2,000 targeted job cuts and the closure of 60 out of 70 sites were completed. The restructuring contributed €17 million to EBITDA in Q2 2013 and €29 million in the first half of the year. For full year 2013, Klöckner aims to reach the prior year's operating EBITDA level of €140 million despite a weaker first half, through continued restructuring.
Dürr Aktiengesellschaft reported preliminary figures for fiscal year 2013 with incoming orders 8.1% lower than 2012 but earnings above consensus. EBIT increased 14.8% to €203 million and net income rose 26.5% to €140.9 million. Cash flow from operating activities was €329.1 million, significantly higher than the previous year. For 2014, the company expects continued growth in light vehicle production and sees opportunities in brownfield projects, new technologies, and its increasing service business.
- Finmeccanica reported strong financial results for the first 9 months of 2015, with a 44.7% increase in EBITA to €745 million and a positive net result of €122 million compared to a net loss in the prior year.
- Most sectors performed well with improvements in orders, revenues, and profitability compared to the previous year. Notably, Selex ES and DRS showed significant increases in EBITA.
- The company reaffirmed its guidance for the full year with expectations to meet or exceed targets for orders, revenues, EBITA, free operating cash flow, and net debt.
Finmeccanica First Quarter 2015 Result PresentationLeonardo
1) Finmeccanica reported a good start to 2015 with key metrics heading in the right direction, including revenues increasing above expectations and EBITA rising 11% with an improved ROS of 5.9%. (2) The company confirmed its FY2015 guidance and remains on track to execute its industrial plan and divisionalization process. (3) Focus remains on improving profitability and cash flow generation while reducing group net debt to below €3 billion by end of 2017.
Accounting for technology, trade and final consumption in employment : an Inp...Aurelien Poissonnier
The document analyzes the effects of technology, trade, and final consumption on employment in France from 1982 to 2010 using an input-output analysis framework. It finds that technology had the largest effect on employment changes, especially negatively impacting middle-skill jobs. Final consumption contributed positively to employment growth across skill levels, primarily driven by the development of services. Trade effects on employment were small but positive overall, regardless of skill. The analysis provides insight into factors influencing changes in the skill composition of French employment.
Dürr Aktiengesellschaft reported financial results for the first half and second quarter of 2015. Sales revenues increased 67.2% in the first half compared to the previous year due to strong growth. Operating profit rose 41.4% in the first half and 49.3% in the second quarter. The integration of HOMAG Group is proceeding as planned, though it negatively impacted financial results. The outlook for 2015 remains unchanged with an expected EBIT margin between 7.0-7.5% despite extraordinary effects from HOMAG.
The document summarizes a conference call about the company's preliminary results for fiscal year 2020. It discusses:
- Footfall and tenant turnover in shopping centers were down significantly due to continued lockdowns, recovering to 60-80% of normal levels after reopening. Rent collection was 89% for 2020 but dropped to around 60% in January/February 2021.
- The valuation of investment properties decreased significantly due to higher yields and rent/reletting expectations. EBIT declined 18.3% due to rent concessions and higher allowance for doubtful accounts.
- Regulations continued to vary across markets but generally included restrictions like curfews, shop closures, and limits on customers. An update on business
Duerr Investor Relations presentation May 2019Dürr
The document is an investor relations presentation from Dürr AG providing an overview of the company and its divisions. It discusses Dürr's strategy to achieve up to €4.2 billion in sales and 7-8% EBIT margins by 2020 by focusing on automation, digitization and networked production. The presentation also highlights Dürr's leadership positions in its five divisions and optimism for growth in electric vehicles and emerging markets. Dürr aims to create value through its asset-light business model with strong returns on capital employed significantly exceeding its cost of capital.
Duerr Investor Relations presentation November 2019Dürr
The document is an investor relations presentation from Dürr AG, a German engineering company. It provides an overview of Dürr's business divisions, strategy, and financials. The five divisions are Paint and Final Assembly Systems, Application Technology, Clean Technology Systems, Measuring and Process Systems, and Woodworking Machinery and Systems. Dürr has leading market positions across its divisions and an asset-light business model. The presentation highlights growth opportunities in areas like automation, digitization, and emerging markets.
This presentation summarizes the financial results of Eucatex S.A. for the third quarter of 2010. Gross revenue increased 18% year-over-year to R$248.2 million in 3Q10. Gross margin improved to 37.7% in 3Q10 from 30.7% in 3Q09. Recurring EBITDA grew significantly by 87.7% to R$39.2 million in 3Q10 compared to R$20.9 million in 3Q09, and the EBITDA margin improved to 19.8% from 12.4% over the same period. The company also launched its new T-HDF/MDF line and sold its Santa Luzia farm
Stora Enso Q1/2014 financial results, presentationStora Enso
Stora Enso reported financial results for Q1 2014 with the following key points:
- Operational EBIT increased 54% to EUR 182 million due to lower costs and depreciation. Nearly all of the EUR 200 million cost reduction program was realized ahead of schedule.
- CEO Jouko Karvinen will retire in 2014 after seven years as CEO. A successor is being sought.
- Printing and Reading improved profits by EUR 33 million through lower costs and depreciation including the closure of a paper machine.
- Guidance for the rest of 2014 expects sales and operational EBIT to remain similar to Q1 levels despite planned mill maintenance shutdowns.
- Leonardo delivered strong results in the first 9 months of 2016 despite challenging market conditions, with record new orders of €15.5 billion driven by the €7.95 billion Eurofighter contract for Kuwait.
- Profitability improved with net income more than doubling to €343 million, supported by lower financial expenses.
- The company expects continued good performance in the fourth quarter and remains on track to meet full-year guidance.
- Dürr reported strong order intake of €1.989 billion in the first half of 2016, up 10.8% compared to the first half of 2015, with a book-to-bill ratio of 1.2.
- Net profit increased 45.4% to €77.8 million in the first half due to higher gross margins and an improved financial result.
- Cash flow from operating activities was negative €84.6 million in the first half due to an increase in net working capital, particularly work in process balances.
Conference Call Fiscal Year 2016 - preliminary figuresDürr
This presentation has been prepared independently by Dürr AG (“Dürr”). The presentation contains statements which address such key issues as Dürr’s strategy, future financial results, market positions and product development. Such statements should be carefully considered, and it should be understood that many factors might cause forecast and actual results to differ from these statements. These factors include, but are not limited to, price fluctuations, currency fluctuations, developments in raw material and personnel costs, physical and environmental risks, legal and legislative issues, fiscal, and other regulatory measures. Stated competitive positions are based on management estimates supported by information provided by specialized external agencies.
Leonardo presented its 3Q/9M 2017 financial results. Helicopter division results were weaker than expected due to ongoing market and execution challenges. While Aeronautics and Defense Electronics results were broadly in line with expectations, the overall 2017 guidance was made tougher reflecting issues in Helicopters. Actions have been taken to address Helicopter issues including management changes and optimizing production processes. Overall, the company remains confident in its medium-term growth opportunities across its three key pillars of Helicopters, Defense Electronics, and Aeronautics.
Klöckner & Co - UBS Best of Germany Conference, September 17, 2013Klöckner & Co SE
- Klöckner & Co's Q2 2013 financial results showed declines in turnover, sales, and gross profit compared to Q2 2012 due to weak steel markets and ongoing restructuring efforts. The EBITDA of €43m met guidance due to cost reductions from restructuring measures.
- Turnover decreased 9.3% to €1,698m and sales decreased 13.5% to €1,690m as a result of market declines, site closures, and exiting low-margin business. However, the gross margin improved.
- Restructuring measures have significantly reduced costs and are on track to achieve the targeted annual EBITDA impact of around €160m, with €17m
Belgian economy: on the way to a sustainable but modest recoveryKBC Economics
The document summarizes the state of the Belgian economy, which is emerging from a mild recession with modest growth. While consumer confidence and private consumption are improving, unemployment is rising, especially in Flanders. Investments remain weak due to low capacity utilization in manufacturing. Exports are stagnant but foreign orders are turning around in mid-2013. Inflation is lower than in neighboring countries. Forecasts project sustainable but modest economic recovery in Belgium over 2013-2014.
Deutsche EuroShop | Conference Call Presentation - Quarterly Statement 9M 2020Deutsche EuroShop AG
- Footfall in shopping centers was approximately 78% of normal levels until end of October 2020, varying between 70-95% among centers. Tenant turnover improved to 89% of 2019 level in Q3.
- Rent collection ratio was 92% in Q3 and 96% in October. Negotiations continue with tenants regarding relief measures for the first lockdown, considering individual solutions like rent deferrals. Around 7.3% of rents were affected by tenant insolvencies since the pandemic start.
- The company has a solid cash position of €213M and recently signed two new loan contracts of €70M each. No forecast is possible for FY2020 due to the unpredictable pandemic development.
Klöckner & Co - Credit Suisse Global Steel and Mining Conference, September 1...Klöckner & Co SE
The CEO of Klöckner & Co SE presented at the Credit Suisse Global Steel and Mining Conference in London on September 19, 2013. The presentation summarized that while steel markets declined, especially in Europe, Klöckner improved its EBITDA margin through extensive restructuring measures. Over 1,800 of 2,000 targeted job cuts and the closure of 60 out of 70 sites were completed. The restructuring contributed €17 million to EBITDA in Q2 2013 and €29 million in the first half of the year. For full year 2013, Klöckner aims to reach the prior year's operating EBITDA level of €140 million despite a weaker first half, through continued restructuring.
Dürr Aktiengesellschaft reported preliminary figures for fiscal year 2013 with incoming orders 8.1% lower than 2012 but earnings above consensus. EBIT increased 14.8% to €203 million and net income rose 26.5% to €140.9 million. Cash flow from operating activities was €329.1 million, significantly higher than the previous year. For 2014, the company expects continued growth in light vehicle production and sees opportunities in brownfield projects, new technologies, and its increasing service business.
- Finmeccanica reported strong financial results for the first 9 months of 2015, with a 44.7% increase in EBITA to €745 million and a positive net result of €122 million compared to a net loss in the prior year.
- Most sectors performed well with improvements in orders, revenues, and profitability compared to the previous year. Notably, Selex ES and DRS showed significant increases in EBITA.
- The company reaffirmed its guidance for the full year with expectations to meet or exceed targets for orders, revenues, EBITA, free operating cash flow, and net debt.
Finmeccanica First Quarter 2015 Result PresentationLeonardo
1) Finmeccanica reported a good start to 2015 with key metrics heading in the right direction, including revenues increasing above expectations and EBITA rising 11% with an improved ROS of 5.9%. (2) The company confirmed its FY2015 guidance and remains on track to execute its industrial plan and divisionalization process. (3) Focus remains on improving profitability and cash flow generation while reducing group net debt to below €3 billion by end of 2017.
Accounting for technology, trade and final consumption in employment : an Inp...Aurelien Poissonnier
The document analyzes the effects of technology, trade, and final consumption on employment in France from 1982 to 2010 using an input-output analysis framework. It finds that technology had the largest effect on employment changes, especially negatively impacting middle-skill jobs. Final consumption contributed positively to employment growth across skill levels, primarily driven by the development of services. Trade effects on employment were small but positive overall, regardless of skill. The analysis provides insight into factors influencing changes in the skill composition of French employment.
Dürr Aktiengesellschaft reported financial results for the first half and second quarter of 2015. Sales revenues increased 67.2% in the first half compared to the previous year due to strong growth. Operating profit rose 41.4% in the first half and 49.3% in the second quarter. The integration of HOMAG Group is proceeding as planned, though it negatively impacted financial results. The outlook for 2015 remains unchanged with an expected EBIT margin between 7.0-7.5% despite extraordinary effects from HOMAG.
The document summarizes a conference call about the company's preliminary results for fiscal year 2020. It discusses:
- Footfall and tenant turnover in shopping centers were down significantly due to continued lockdowns, recovering to 60-80% of normal levels after reopening. Rent collection was 89% for 2020 but dropped to around 60% in January/February 2021.
- The valuation of investment properties decreased significantly due to higher yields and rent/reletting expectations. EBIT declined 18.3% due to rent concessions and higher allowance for doubtful accounts.
- Regulations continued to vary across markets but generally included restrictions like curfews, shop closures, and limits on customers. An update on business
Duerr Investor Relations presentation May 2019Dürr
The document is an investor relations presentation from Dürr AG providing an overview of the company and its divisions. It discusses Dürr's strategy to achieve up to €4.2 billion in sales and 7-8% EBIT margins by 2020 by focusing on automation, digitization and networked production. The presentation also highlights Dürr's leadership positions in its five divisions and optimism for growth in electric vehicles and emerging markets. Dürr aims to create value through its asset-light business model with strong returns on capital employed significantly exceeding its cost of capital.
Duerr Investor Relations presentation November 2019Dürr
The document is an investor relations presentation from Dürr AG, a German engineering company. It provides an overview of Dürr's business divisions, strategy, and financials. The five divisions are Paint and Final Assembly Systems, Application Technology, Clean Technology Systems, Measuring and Process Systems, and Woodworking Machinery and Systems. Dürr has leading market positions across its divisions and an asset-light business model. The presentation highlights growth opportunities in areas like automation, digitization, and emerging markets.
Duerr Investor Relations presentation Feb 2019Dürr
Dürr is a leading global supplier of production technology and automation solutions. It operates five divisions: Paint and Final Assembly Systems, Application Technology, Clean Technology Systems, Measuring and Process Systems, and Woodworking Machinery. In 2018, Dürr's sales were €3.9 billion with Paint and Final Assembly Systems and Woodworking Machinery being the largest divisions. Dürr aims to grow organically by 2-3% annually and through acquisitions, with a focus on automation, digitization, and networked production.
- In the first nine months of 2023, the Deutsche EuroShop Group saw significant revenue growth of 28.1% compared to the same period in 2022, which was driven by both an increase in operational performance and the acquisition of additional property company shares.
- Key financial metrics like NOI, EBIT, EBT and FFO all increased compared to the prior year period. FFO saw the lowest growth of 16.8% but still rose from €111 million to €129.7 million.
- A pro forma comparison accounting for a constant portfolio scope showed more moderate growth rates for revenue (+2.9%), NOI (+3.5%) and EBT (+24.1%) but still
Dürr reported financial results for the first nine months of 2015. Sales revenues increased 68% year-over-year to €2.76 billion due to strong growth across all regions. Operating profit rose 27% to €189.8 million. Cash flow from operating activities declined due to the expected normalization of net working capital. Dürr increased its sales outlook for 2015 and expects an EBIT margin in the range of 7.0-7.5%.
Deutsche EuroShop | Conference Call Presentation - Quarterly Statement 9M 2019Deutsche EuroShop AG
- Retail turnover in the company's shopping centers increased 1.8% on a like-for-like basis in the first 9 months of 2019.
- Key financial figures for the first 9 months of 2019 show an increase in revenue of 0.3% to €167.6 million, an increase in EBIT of 0.3% to €146.9 million, and an increase in EPRA earnings per share of 11.8% to €1.95.
- The company reported solid financial results for the first 9 months of 2019 with several financial metrics improving slightly despite challenges in the retail sector.
The document provides consolidated results for Terna for the first 9 months of 2019. Key highlights include:
- Revenues increased 4% to €1.66 billion driven by higher regulated transmission activities.
- EBITDA rose 4% to €1.28 billion due to cost efficiencies.
- Capex increased 19% to €670 million as execution of investment plan accelerated.
- Net income grew 2% to €553 million, reflecting strong operating performance.
Werner Baumann, CEO of Bayer, and Wolfgang Nickl, CFO of Bayer, presented results from Bayer's Q2 2020 investor conference call. Despite challenges from COVID-19, Bayer reported solid results with sales of €10.054 billion and EBITDA before special items of €2.883 billion, up 6% year-over-year. Free cash flow increased 87% year-over-year to €1.59 billion. For the second half of 2020, Bayer expects continued impacts from COVID-19 and is focusing on cash and cost management. Bayer updated full-year 2020 guidance with sales expected between €42-43 billion and free cash flow between -€0.
The document provides a summary of Terna S.p.A.'s consolidated financial results for the first half of 2019. Some key highlights include:
- Revenues increased 3.3% to €1,098 million driven by growth in all business lines.
- EBITDA grew 3.8% to €846 million.
- Capex accelerated significantly up 17% to €396 million, in line with Terna's strategic plan.
- Net income increased slightly by 1.8% to €367 million.
- The financial structure remains solid with a net debt of €8.294 billion and debt duration of 5.1 years.
Dürr Aktiengesellschaft held a conference call to discuss its financial results for January to September 2013. Orders were down 8% year-over-year due to weakness in Germany and Europe, though emerging markets like China and Brazil saw strong business. Sales revenues declined slightly by 0.6%. Earnings grew with EBIT up 12.8% and net income increasing 22.9% due to improved margins and a stronger financial result. The company expects further margin expansion and for its EBIT margin to reach the guided range of 7.5-8% in 2013. Service revenues rose 5.6% and represented 21.9% of total sales for the first nine months. Dürr reiterated its sales and
Varma's 2018 financial statement reported a negative 2% return on investments due to declining share prices late in the year. Key figures included €5.1 billion in premiums written, €5.7 billion paid out in pensions to 343,400 recipients, and €44 billion in total investments. Solvency remained strong at 1.6 times the limit, with a solvency capital of €9.6 billion and a ratio of 127.5%. Current topics discussed included rising retirement ages, an increase in disability pensions, and use of the new Incomes Register to speed pension processing.
A strong performance in 2020 confirms our strategic evolution.
You can view our financial reports here: www.sgs.com/en/our-company/investor-relations/reports-and-presentations
Bayer reported its FY/Q4 2019 results, achieving its guidance targets. Sales were €43.5 billion, EBITDA was €11.5 billion, and core EPS was €6.40. Each business division performed well, with Crop Science benefiting from integration synergies, Pharmaceuticals growing due to drugs like Xarelto and Eylea, and Consumer Health returning to peer growth. Bayer also progressed on portfolio measures, signing agreements to divest its Animal Health division and other smaller businesses. Looking ahead, Bayer provided guidance for 2020 of continued sales and earnings growth.
Deutsche EuroShop | Conference Call Presentation - Half-Year Financial Report...Deutsche EuroShop AG
This document provides a summary of a half-year financial report conference call held on August 15, 2018. It discusses the company's retail turnover, which decreased 2.0% on a like-for-like basis in Germany in the first half of 2018. It also provides details on the company's profit and loss, funds from operations, earnings per share, balance sheet, loan structure, and financial outlook. Key metrics like FFO increased 5.4% year-over-year while earnings per share was €0.89. The company expects continued revenue, FFO, and dividend growth through 2019.
The document summarizes Bayer's Q2 2019 earnings results. Key points include:
- Sales increased 21% to €11.5 billion (+1% at constant currencies) driven by the Monsanto acquisition.
- EBITDA before special items grew 25% to €2.9 billion with margins up 70 basis points.
- Core EPS increased 6% to €1.62.
- Free cash flow was €751 million, impacted by timing effects from the prior year period.
- Guidance for 2019 was confirmed despite ambitious targets.
Dürr presented an investor relations presentation covering their five divisions and group strategy. The five divisions are Paint and Final Assembly Systems, Application Technology, Clean Technology Systems, Measuring and Process Systems, and Woodworking Machinery and Systems. Dürr has leading market positions across its divisions with shares between 30-60% and is focused on growth through automation, digitization and acquisitions like HOMAG to capture trends in industries.
The document discusses economic recessions and ways for companies to navigate through them. It defines a recession as two consecutive quarters of declining GDP growth. Recessions are principally caused by declines in consumer spending and aggregate demand due to factors like high interest rates, falling housing prices, and rising unemployment. Small and medium businesses are particularly vulnerable during recessions due to limited cash reserves and access to credit. The document recommends strategic, financial, and operational interventions for companies to recession-proof their business, such as conserving cash, cost cutting, and diversifying markets. Resilient companies that are better equipped to manage recessions act early, focus on long-term competitiveness over short-term solvency, and maintain a balanced yet divers
Similar to Dürr AG Conference Call 9M / Q3 2019 (20)
Dürr Group is a global engineering company with over 16,000 employees worldwide. It provides solutions for automotive and other industrial customers. The document provides an overview of Dürr Group's divisions, customers, history of innovation, and strategy. Key points include:
- Dürr Group has 5 divisions serving automotive and general industry customers.
- It has a history of innovation dating back over 100 years and is increasing R&D investment.
- The strategy focuses on customer benefits through innovation, globalization, services, and efficiency.
Duerr Investor Relations presentation Nov 2018Dürr
The document is an investor relations presentation from Dürr AG, a leading global supplier of production equipment and automation solutions. It provides an overview of Dürr's divisions, group strategy, and financial results. The presentation discusses Dürr's strong market positions, focus on service growth and digitalization, and goals to further improve profitability across its divisions through 2020. It also highlights the recent acquisition of MEGTEC/Universal, which is expected to boost Dürr's clean technology systems business.
Dürr Aktiengesellschaft is a global engineering company headquartered in Germany that provides products, systems, and services for manufacturing industry. It has five divisions: Paint and Final Assembly Systems; Application Technology; Clean Technology Systems; Measuring and Process Systems; and Woodworking Machinery and Systems. In 2017, Dürr AG had sales of €3.7 billion and approximately 15,000 employees worldwide located across 92 locations in 31 countries. The company focuses on innovation, globalization, and service to optimize customer production efficiency.
Duerr Investor Relations presentation March 2018Dürr
Dürr provides an investor relations presentation covering its five divisions and outlook. It is a global leader in production technologies with market shares between 30-60% and over 50% of orders from emerging markets. While automotive currently makes up 55% of orders, general industry such as furniture is growing. The presentation outlines each division's financial performance in 2017 and strategies to boost margins through cost efficiency and expanding services.
Dürr offers all components from a single source. Our products and our complete plants are manufactured in-house. Thanks to our worldwide deployment and high technical expertise, we can act quickly and oriented towards the customer.
Catalog sales of standardized products and systems for painting, surface treatment, gluing and sealing. Innovative premium painting technology for all industrial applications requiring corrosion prevention or involving gluing or wet paint application.
Dürr reported strong growth in orders and sales in Q1 2015 compared to the previous year. Earnings were in line with expectations, though margins declined slightly due to purchase price allocation effects from the HOMAG acquisition and a changed sales mix. The cash flow situation remained solid despite an increase in net working capital. While Q1 was impacted by special factors, normalization is expected in the coming quarters. Dürr confirmed its full year outlook with an EBIT margin target of 7.0-7.5%.
Dürr Aktiengesellschaft held a conference call to discuss its financial results for January to September 2014. The company reported a book-to-bill ratio of 1.2, record high order backlog, and strong cash generation in Q3. While sales declined 6% year-over-year, earnings before interest and taxes increased 12% due to improved margins. Looking forward, Dürr expects full-year results to meet targets and anticipates positive effects from the recent acquisition of HOMAG, which closed in mid-October.
Dürr AG Preliminary Figures 2012 (Conference Call)Dürr
This document provides an overview, financial results, and outlook from a conference call by Dürr Aktiengesellschaft. Key highlights include:
- 2012 financial results exceeded both budget and consensus across all major metrics like orders, sales, EBIT, net income, and earnings per share.
- Fourth quarter saw strong cash generation with increases in incoming orders, sales revenues, EBIT, net income, and free cash flow compared to the same quarter in 2011.
- Full year 2012 orders were down 3% due to declines in China and the Americas but increased in Europe, Germany, and Asia excluding China. Regional order intake was healthy split across markets.
Conference Call: Interim Report January 1 to September 30, 2012Dürr
Dürr Aktiengesellschaft hosted a conference call to discuss financial results for the first nine months and third quarter of 2012. Key highlights included an order backlog that secures utilization through mid-2014, a book-to-bill ratio of 1.1, and net income that doubled compared to the same period last year due to strong sales and moderate SG&A increase. Temporary increases in net working capital negatively impacted cash flow but are expected to reduce in the fourth quarter.
This document provides an overview of Schenck Shanghai Machinery Co., Ltd's Measuring and Process Systems (MPS) activities in China. It summarizes MPS's business growth in China from 2005 to 2012, including a 27% CAGR in incoming orders and a 35% CAGR in sales revenues. It also outlines MPS's locations and manufacturing facilities in Shanghai, and provides information on Schenck RoTec and Dürr Assembly Products activities and operations in China.
ANALYSTS‘ TRIP: Paint and Final Assembly Systems, Application Technology, Cle...Dürr
This document provides information about Dürr Paintshop Systems Engineering Co.'s operations in China. It summarizes their strong growth in business volume and local production. Key points include:
- Their business in China has grown substantially, with orders, backlog, sales, and employees increasing at annual growth rates of 30% or more between 2005 and 2012.
- They have significantly ramped up local production and manufacturing over 2005-2012, with over 15,000 metric tons of core products expected to be manufactured in China in 2012.
- Their success in China is attributed to their long-term presence since 1985, large local capacities and content, and close cooperation between Germany and China teams.
The document summarizes Dürr AG's strategy in China. It discusses how Dürr has established a strong local presence in China over 25 years, with wholly owned subsidiaries and over 1,250 employees. Dürr's business in China has grown significantly, and China is now Dürr's largest market. The strategy involves extensive localization through local R&D, production, purchasing, and management. This allows Dürr to offer competitive solutions tailored to China while expanding exports to other markets. Further localization and integration into global operations will strengthen Dürr's position in China and Asia-Pacific.
Dürr Aktiengesellschaft began in 1895 as a craftsman's metal shop in Germany. It has since evolved into an international technology group with over 7,000 employees across 23 countries. Key events in Dürr's history include establishing overseas subsidiaries in the 1960s, expanding into plant engineering in the 1950s, acquiring other companies to diversify its offerings, and relocating to a new campus in 2009 to concentrate its operations. Today, Dürr focuses on product innovations and expanding into new markets like e-mobility and energy efficiency.
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ZKsync airdrop of 3.6 billion ZK tokens is scheduled by ZKsync for next week.pdfSOFTTECHHUB
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Methanex is the world's largest producer and supplier of methanol. We create value through our leadership in the global production, marketing and delivery of methanol to customers. View our latest Investor Presentation for more details.