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New Potential in Latin America

 

SSAB Special Steels is aiming for 1.35 million tonnes of shipments by 2020. Part of this will come from upgrading but expanding sales in emerging markets will also play an important role in achieving this aim. Latin America is one potential geographical area for growth. We want to maintain and strengthen our position as the global leader in wear, structural, protection and tool steels as well as in related value-added services.

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Hochtief with strong FY 2017 results, robust order book and a solid Tender Pipeline

  • FY 2017: EUR 421 million nominal net profit (+31% year on year)
  • Sales up 14% accompanied by strong cash flow
  • EUR 30.4 billion new orders (+23%)
  • Hochtief is well positioned in attractive and growing markets
    • Strong tender pipeline in our core markets USA, Canada, Asia-Pacific and Europe of close to EUR 500 billion in project work for 2018 and beyond
  • Guidance for 2018 confirmed: Operational net profit of EUR 470–520 million (+4% to 15%)
  • Annual General Meeting in Essen to vote on 30% dividend increase to EUR 3.38 per share
  • Next transformation of the Group is focused on using digital environments
    • Innovation centers planned in North America, Australia and Europe
    • Close cooperation with leading universities
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Sika’s First Factory in Senegal starts Operations

Sika is continuing to expand its production capacity in West Africa with the opening of a concrete admixture factory in Senegal. The new plant is the first in the country and will be further expanded with the addition of a mortar production facility in due course. With a total of 19 national subsidiaries and 20 factories, Sika has a strong presence in Africa.

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SMT Scharf on Growth Trajectory

According to the final business figures for 2017, SMT Scharf AG (WKN 575198, ISIN DE0005751986) has achieved significant growth in its revenue and results over the past fiscal year. SMT Scharf increased its consolidated revenue significantly by 22.6% to EUR 52.1 million (2016: EUR 42.6 million). At the same time, the company achieved an operating result (EBIT) of EUR 4.5 million (2016: EUR 2.5 million), which reflects growth of 84.2%. All in all, SMT Scharf raised its consolidated net profit substantially to EUR 4.0 million year on year (2016: EUR 1.5 million).

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World Mining Congress 2018: Stages of Program Formation

From June 19 till June 22, the 25th anniversary World Mining Congress will be held in Astana. Such large-scale event of world significance is held for the first time not only in Kazakhstan, but also in the territory of CIS. Kazakhstan was chosen not casually for anniversary WMC. Country's resources are a rich mineral resource base: 99 elements of periodic table are found in internal parts of the earth, 5000 active deposits, more than 60 elements are used in production.

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Salini Impregilo with Lane wins Contract in South Carolina

Salini Impregilo’s U.S. subsidiary, The Lane Construction Corporation, has won a $181-million design-and-build contract to widen Interstate 85 (I-85) in Cherokee County, South Carolina, confirming their leadership in the road and highway sector in the United States where Lane registered a 16.1% rise in revenues and a record order backlog of €3 billion in 2017.

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Cimic Group announces 2017 full year financial Results

  •     2017 NPAT of $702m, up 21%, at top end of guidance
  •     Cash flows from operating activities1 of $1.5bn up 27%; EBITDA conversion rate 101%
  •     Robust financial position with net cash of $910m, up more than $500m
  •     Positive revenue2 trend, up 24% to $13.4bn
  •     WIH3 of $36bn; new work4 of $18.4bn; extensive pipeline
  •     2018 NPAT guidance of $720m to $780m, up 3% to 11%
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Key Transportation Leader joins growing Hatch NYC Team

Hatch welcomes Joshua Nelson as Principal Project Director-Transportation. Joshua previously served as the Senior Vice President, Transportation Systems, for the New York City Economic Development Corporation (NYCEDC), where he was responsible for various transportation facilities, operations and transit services throughout New York City.

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New Hatch Office opens in Melbourne

The opening of a new office on October 25, 2017, signaled Hatch’s official entry into Melbourne’s engineering and project delivery community. This was followed by a chic event at Eureka 89 that was attended by many clients and well-wishers.

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