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.
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 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.”
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.
- 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.
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.
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.
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.
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
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 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.”
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.
- 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.
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.
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.
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.
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
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 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
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%.
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.
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
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.
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 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.
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 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%.
This document contains the consolidated financial statements of AT & S Austria Technologie & Systemtechnik Aktiengesellschaft as of March 31, 2017. It includes the consolidated statement of profit or loss, consolidated statement of comprehensive income, consolidated statement of financial position, consolidated statement of cash flows, and consolidated statement of changes in equity. Notes to the consolidated financial statements provide details on accounting policies, consolidation principles, segment information and other explanatory information. The consolidated financial statements have been prepared in accordance with International Financial Reporting Standards and the Austrian Commercial Code.
- Revenue increased 11.6% to €199.6 million due to stable demand and good capacity utilization. EBITDA rose to €29.7 million compared to €18.8 million in the same quarter last year.
- Loss for the period improved to €-11.2 million from €-13.6 million in the prior year quarter. Loss per share declined from €-0.35 to €-0.29.
- Net debt increased to €496.7 million from €380.5 million due to investments of €69.7 million in tangible and intangible assets. The company decided not to further expand its IC substrate plant in China in the current financial year.
Bosch reported strong financial results for the third quarter of 2010 that were better than expected. Net sales grew 31.9% year-over-year due to recovery in the commercial vehicle cycle and pre-buying before new emission norms. EBITDA margins expanded due to improved operating leverage, despite rising input costs. Net profit grew 21.2% year-over-year, ahead of estimates. The company maintained its Accumulate rating based on anticipated good automotive demand growth and technology-intensive industry position.
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.
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.
Operational highlights for H1/2015 included a 33.1% increase in revenue compared to H1/2014. The automotive sector saw strong expansion while the consumer market continued growth in volume and value. One acquisition of Lesswire was completed in January 2015 to expand the automotive short range modules business. Six new cutting-edge products were also launched. Financially, revenue increased 33.1% to CHF 161.9 million while EBITDA grew 33.9% to CHF 36.5 million. The company maintained a strong financial position with liquidity of CHF 91.6 million at the end of H1/2015.
- 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.
Klöckner & Co SE - Analysts' and Investors' ConferenceKlöckner & Co SE
Analysts' and Investors' Presentation for the 3rd quarter results on November 3, 2016
More at http://www.kloeckner.com/en/kloeckner-co-se-substantially-boosts-earnings-in-first-nine-months-of-2016.html
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
Deutsche EuroShop | Conference Call Presentation - Quarterly Statement 3M 2018Deutsche EuroShop AG
This document summarizes the key financial information from a quarterly statement conference call held on May 16, 2018. Retail turnover in the first three months of 2018 was down 0.5% on a like-for-like basis. Net operating income increased 9% to €50.1 million compared to the same period in 2017. FFO per share declined slightly by 1.6% to €0.61. The company forecasts revenue growth of 2.5-3.4% annually through 2019 and plans to increase its dividend to €1.45 per share for 2018 and €1.50 for 2019.
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 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
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%.
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.
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
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.
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 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.
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 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%.
This document contains the consolidated financial statements of AT & S Austria Technologie & Systemtechnik Aktiengesellschaft as of March 31, 2017. It includes the consolidated statement of profit or loss, consolidated statement of comprehensive income, consolidated statement of financial position, consolidated statement of cash flows, and consolidated statement of changes in equity. Notes to the consolidated financial statements provide details on accounting policies, consolidation principles, segment information and other explanatory information. The consolidated financial statements have been prepared in accordance with International Financial Reporting Standards and the Austrian Commercial Code.
- Revenue increased 11.6% to €199.6 million due to stable demand and good capacity utilization. EBITDA rose to €29.7 million compared to €18.8 million in the same quarter last year.
- Loss for the period improved to €-11.2 million from €-13.6 million in the prior year quarter. Loss per share declined from €-0.35 to €-0.29.
- Net debt increased to €496.7 million from €380.5 million due to investments of €69.7 million in tangible and intangible assets. The company decided not to further expand its IC substrate plant in China in the current financial year.
Bosch reported strong financial results for the third quarter of 2010 that were better than expected. Net sales grew 31.9% year-over-year due to recovery in the commercial vehicle cycle and pre-buying before new emission norms. EBITDA margins expanded due to improved operating leverage, despite rising input costs. Net profit grew 21.2% year-over-year, ahead of estimates. The company maintained its Accumulate rating based on anticipated good automotive demand growth and technology-intensive industry position.
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.
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.
Operational highlights for H1/2015 included a 33.1% increase in revenue compared to H1/2014. The automotive sector saw strong expansion while the consumer market continued growth in volume and value. One acquisition of Lesswire was completed in January 2015 to expand the automotive short range modules business. Six new cutting-edge products were also launched. Financially, revenue increased 33.1% to CHF 161.9 million while EBITDA grew 33.9% to CHF 36.5 million. The company maintained a strong financial position with liquidity of CHF 91.6 million at the end of H1/2015.
- 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.
Klöckner & Co SE - Analysts' and Investors' ConferenceKlöckner & Co SE
Analysts' and Investors' Presentation for the 3rd quarter results on November 3, 2016
More at http://www.kloeckner.com/en/kloeckner-co-se-substantially-boosts-earnings-in-first-nine-months-of-2016.html
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
Deutsche EuroShop | Conference Call Presentation - Quarterly Statement 3M 2018Deutsche EuroShop AG
This document summarizes the key financial information from a quarterly statement conference call held on May 16, 2018. Retail turnover in the first three months of 2018 was down 0.5% on a like-for-like basis. Net operating income increased 9% to €50.1 million compared to the same period in 2017. FFO per share declined slightly by 1.6% to €0.61. The company forecasts revenue growth of 2.5-3.4% annually through 2019 and plans to increase its dividend to €1.45 per share for 2018 and €1.50 for 2019.
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.
- 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
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.
- Suominen Corporation reported their Q3/2018 results, with net sales increasing 2% year-over-year due to price increases, while operating profit declined due to significantly higher raw material, energy, and logistics costs.
- The company is executing their Changemaker strategy and 3P profitability program to improve pricing, performance, and planning, though impacts have been slower than expected.
- For the full year 2018, Suominen expects net sales to be at the 2017 level but operating profit to be significantly lower due to higher costs and competitive market conditions.
Solvay 9 months 2018 results - PresentationSolvay Group
Solvay published on November 8, 2018 its first nine months 2018 results. Earnings toolkit and press release are available here: https://www.solvay.com/en/event/nine-months-2018-earnings
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.
Ratios Analysis, Pro Forma Statements, Projected Cash flows of Proposed Project, Net Present Value, Internal Rate of Return, Payback Period, Discounted Payback Period, Break Even Analysis, Scenario Analysis, As-if Analysis
Klöckner & Co SE - Q1 2017 Results - Press ConferenceKlöckner & Co SE
Klöckner & Co reported strong results for Q1 2017, with EBITDA more than quadrupling compared to Q1 2016. Sales increased 15.6% driven by higher prices. The gross profit margin increased due to rising steel prices and a focus on value-added products and services. The company's digitalization and One Europe restructuring strategies contributed to the improved results and remain a focus. Klöckner expects EBITDA to increase noticeably for FY 2017 compared to 2016.
- Revenue increased 30.2% to €67.8 million due to the acquisition of additional minority interests in shopping centers.
- EBIT rose 46.2% to €57.4 million and EBT excluding measurement gains/losses increased 36.4% to €45.5 million.
- EPRA earnings grew 41.2% to €44.2 million or €0.62 per share, driven by the acquisitions and lower write-downs on rent receivables.
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.
Klöckner & Co SE - Q2 2017 Results - Press ConferenceKlöckner & Co SE
- Klöckner & Co reported sales of €1.64 billion for Q2 2017, up 8.1% year-over-year, while shipments were down 4.4% adjusted for business sales and discontinuations.
- EBITDA for Q2 was €63 million, within guidance of €60-70 million. EBITDA for the first half of 2017 was €140 million, up from €88 million in the prior year period.
- The company expects EBITDA of €35-45 million for Q3 2017 and an increase of over 10% in full year EBITDA compared to 2016.
- Snam reported an 8.1% increase in natural gas volumes transported in the first 9 months of 2017, with increases in both thermoelectric (+13.8%) and industrial (+7.6%) gas demand.
- Revenues increased 1.9% to €1,896 million due to higher gas volumes and a rise in the Regulated Asset Base (RAB). EBIT increased 3.3% to €1,063 million from efficiencies, a lower cost of debt, and higher income from associates.
- Net profit was solid at €755 million, up 18.2% compared to the same period in 2016, benefiting from significant cost of debt optimization and an increased contribution from
NNIT reported financial results for Q4 2017 and full year 2017. For Q4, revenue increased 5.6% to DKK 812 million driven by growth in life sciences and enterprise customers. Operating profit grew 16.9% to DKK 113 million and net profit increased 19.6% to DKK 86 million. For the full year, revenue grew 4.6% while operating profit declined 5.5% and net profit grew 0.4% due to the impact of settlements earlier in 2017. NNIT also provided commentary on business segment performance and outlook.
Deutsche EuroShop | Conference Call Presentation - Half Year Financial Report...Deutsche EuroShop AG
The document provides an update on business activities for a company's half-year financial report in 2022. It discusses positive collection rates and a solid cash position. It also forecasts FFO per share between €1.95-€2.05 for 2022, conditional on no major impacts from the war in Ukraine or energy crisis. Footfall and retail turnover in shopping centers are nearing pre-pandemic levels. The company has refinanced successfully and met all financial covenants. EPRA earnings increased 12% to €60.8 million compared to last year.
- Deutsche EuroShop recorded revenue growth of 28.1% in the first half of 2023 compared to the same period in 2022, driven by acquisitions of additional shares in shopping centers.
- Net operating income increased by 27.8% due to higher revenue and lower write-downs on rent receivables.
- Earnings before interest and taxes grew substantially by 49.3% helped by income from reversal of provisions and lower write-downs, however consolidated profit fell due to negative valuation effects.
- While business recovery supported results, one-off income also contributed to improved performance compared to previous year.
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.
2017 ANNUAL RESULTS AND 2018-2022 BUSINESS PLANERG S.p.A.
ERG presented its 2017 annual results and 2018-2022 business plan at an investor day on March 8, 2018. The company achieved strong operating results in 2017, exceeding guidance on key financial metrics such as EBITDA and net financial position. ERG has successfully transformed its business from oil to renewables through acquisitions and divestitures, with its capital now fully rotated to wind, solar, and hydro power generation. The new business plan aims to further grow the company's renewable installed capacity to over 1.7 GW by 2022 through organic growth and M&A.
Similar to Dürr AG CONFERENCE CALL PRELIMINARY FIGURES FISCAL YEAR 2017 (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.
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.
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 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.
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.
UnityNet World Environment Day Abraham Project 2024 Press ReleaseLHelferty
June 12, 2024 UnityNet International (#UNI) World Environment Day Abraham Project 2024 Press Release from Markham / Mississauga, Ontario in the, Greater Tkaronto Bioregion, Canada in the North American Great Lakes Watersheds of North America (Turtle Island).
Cleades Robinson, a respected leader in Philadelphia's police force, is known for his diplomatic and tactful approach, fostering a strong community rapport.
ZKsync airdrop of 3.6 billion ZK tokens is scheduled by ZKsync for next week.pdfSOFTTECHHUB
The world of blockchain and decentralized technologies is about to witness a groundbreaking event. ZKsync, the pioneering Ethereum Layer 2 network, has announced the highly anticipated airdrop of its native token, ZK. This move marks a significant milestone in the protocol's journey, empowering the community to take the reins and shape the future of this revolutionary ecosystem.